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The ban, which was passed by Parliament on June 23, aims to address housing affordability challenges.

There are some exceptions, including for those with temporary work permits, refugee claimants and international students who meet certain criteria.

Non-Canadians found in contravention of the ban will be fined up to $10,000 and may be ordered to sell the property.

In a news release, Housing Minister Ahmed Hussen says housing shouldn't be a "commodity" and that the ban will ensure homes are owned by Canadians.

This report by °µÍø½ûÇø was first published Dec. 21, 2022.