Canada bans most foreigners from buying homes for 2 years

(Getty; Illustration by The Real Deal)

It’s not exactly as overt as a border wall, but a new law in Canada is designed to make it much more difficult for foreigners to purchase property there.

The law, which went into effect tomorrow, places a two-year ban on the purchase of residential property by non-Canadians, the New York Times reported. Regulations recently released by the government say the prohibition applies only to certain cities and not to vacation homes in recreation areas. There are exemptions for buyers with Canadian spouses or partners as well as foreign buyers of multifamily buildings with more than three units, the Times reported.

Offenders could be fined $10,000 Canadian and/or forced to sell the property, but not at a profit.

Canada, like many countries including the U.S., is experiencing a housing shortage due to low interest rates and a surge in demand during the pandemic. Other

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New Law Bans Elon Musk’s Tesla From Advertising as ‘Full Self-Driving’

Tesla’s Autopilot feature is clearly not an autopilot, and SB No. 1398 wants to make that even clearer.

Apparently not everyone knows that Teslas aren’t actually full self-driving cars. A new California law going into effect in 2023 will prohibit Tesla (and other auto manufacturers) from marketing its driver assistance tech as completely autonomous if that’s not actually the case.

Senate Bill No. 1398 was sponsored by Democratic State Senator Lena Gonzalez and proposes a reform to the way both California car manufacturers and dealers advertise and sell driver assistance. The law states that car manufacturers and dealers must offer consumers a “clear description” of the function and limitations of semi-autonomous driver assistance features, per a fact sheet.

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That’s a Tesla subtweet if I’ve ever seen one. The company has claimed that its cars could be connected to a system called Full Self-Driving for several years now, but

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California Bans Tesla From Marketing Its EVs As “Full Self-Driving”

California has passed a new law going into effect in 2023 that bans Tesla and other automakers from advertising their vehicles as “fully self driving.”

The Senate Bill (SB) No. 1398, sponsored by Democratic state senator Lena Gonzales, effectively prohibits Tesla from using the Full Self-Driving (FSD) name for its Advanced Driver Assist System (ADAS) package.

“A manufacturer or dealer shall not name any partial driving automation feature, or describe any partial driving automation feature in marketing materials, using language that implies or would otherwise lead a reasonable person to believe, that the feature allows the vehicle to function as an autonomous vehicle, as defined in Section 38750, or otherwise has functionality not actually included in the feature.”

California Senate Bill 1398

The new law states that auto manufacturers and dealers are prohibited from “deceptively naming, referring to, or marketing” a car as self-driving if it’s only equipped with partial

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