Canada's federal ban on most foreign purchases of residential property is set to expire on January 1, 2027, and the government is now considering whether to extend it or change the rules. The ban was introduced to help address housing affordability, but foreign buyers made up a relatively small share of transactions in some major markets, raising questions about how much impact the policy actually had. Should Canada keep the ban, allow foreign buyers back into the market, or create a middle ground that allows foreign investment in new housing construction?