If you have a valid Canadian work permit with at least 183 days remaining, you are exempt from the ban and can buy one residential property.
While the "ban" sounds absolute, many Americans successfully navigate it by finding the right geographic or professional loophole. The Story of the "Exempt" Escape
For many US buyers, the dream of a Canadian home survives in areas. The federal ban specifically targets "Census Metropolitan Areas" (cities with 100,000+ people) and "Census Agglomerations" (towns with 10,000+ people).
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