The Bank of Canada’s Policy Shifts: Key Investment Opportunities for Non-Residents in Québec and Montreal On October 23, 2024, the Bank of Canada announced a 50-basis-point rate cut, lowering its key interest rate to 3.75%. This move aims to revitalize a slowing economy while offering unique opportunities for foreign investors in the Québec real estate […]
The Bank of Canada announced on June 5, 2024, that it is lowering the key interest rate by 25 basis points to 4.75%. Following this announcement, the Canadian currency remained stable against the US dollar. This rate cut could have several significant effects on the real estate market and the Canadian currency…
Exceptions: **Rural and Semi-Urban Properties**Non-Canadians can purchase residential properties located outside metropolitan areas, offering opportunities in picturesque and growing regions. **Real Estate Development**Foreign real estate developers may acquire properties for development purposes, benefiting from the growing demand for housing. **Purchasing for Foreign Workers**Foreign workers with a valid work permit may buy residential properties without needing […]
Announced Tuesday in federal Finance Minister Chrystia Freeland’s fourth budget, the decision is expected to generate $19.4 billion over five years, a sum that will be used to finance new government spending.
Ranked just behind Switzerland, Canada moved from third to second place out of 87 countries this year as the best country in the world.
Montreal is the best city in the world to study in, according to a report by education website The Helpful Professor. The report notes that “Montreal is a great city to study in due to its many educational opportunities and its vibrant cultural scene.” It also highlights the city’s multiple universities (it says there are […]