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Foreign Buyer Ban

Sun Peaks ‘very much open for business’ amid challenges from the foreign buyer ban

The ban on non-Canadians purchasing property continues to impact Sun Peaks despite sustained advocacy for an exemption by the municipality and Sun Peaks Resort LLP.

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Latest in Foreign Buyer Ban
Notice of development sign on the side of the road coming into Sun Peaks.
Foreign buyers ban affects municipality’s ability to meet Housing Accelerator Fund agreements

Municipality is at risk of losing nearly $380,000 from the Housing Accelerator Fund.

Kamloops-Thompson-Nicola candidates answer reader questions on the federal foreign buyers ban

Here’s how federal candidates for Kamloops-Thompson-Nicola will deal with the federal foreign buyers ban.

Foreign buyers ban leaves millions of dollars of investment at risk

Sun Peaks Resort LLP partners with the Canadian Ski Council and others to lobby for amendments to the foreign buyers ban.

Foreign buyers ban extension provides no relief for Sun Peaks

The federal government extended the ban until 2027, and Sun Peaks still isn’t exempt despite being a resort municipality.

Sun Peaks village is in the distance and viewed from above. There are vibrant green trees in the foreground and surrounding the village.
Federal government amends foreign buyers ban and defers underused housing tax payments amid confusion

The federal legislation has been frustrating for the municipality as Sun Peaks' local economy relies on tourism.