Under the 2026 extension of the Foreign Buyer Ban, non-residents are prohibited from buying "residential property." However, recreational properties a... Read Morend islands located outside Census Metropolitan Areas (CMAs) are generally exempt. You can still buy a private island in most rural regions of Ontario, BC, or the Maritimes. Non-residents may face a Non-Resident Speculation Tax (up to 25%). Waterfront ownership typically ends at the "high-water mark," leaving the shoreline as public Crown land. Read Less
