>

Source? That's the first I've heard of this and it sounds like blatant fraud to me
"As of 1 January, the ban prohibits people who are not Canadian citizens or permanent residents from buying residential properties, and imposes a C$10,000 fine on those who breach it."
I wonder if it's a one-time fee cause that's not as bad as it sounds? >

What about foreign citizens just forming a Canadian corporation that buys/sells real estate? Seems like an easy work around. >

It’s actually easier than that. Canadian real estate agents have people in Canada that will sign on as the “buyer” for these foreign investors.