Foreign buyer taxes in Vancouver and Toronto saw Montreal rising as a property investment destination for Chinese buyers, reports CBC (5 July 2018). According to Chinese international property platform, mainland real estate buyer enquiries for Canadian properties amounted to approximately USD1.45 billion in 2017. Interestingly, Chinese attention last year was centered around Montreal, which saw an 84.5% spike in Chinese buyer interest last year. Chinese enquiries for Vancouver, however, slipped 18%, – a decline that is likely due to the hike in foreign buyer taxes from 15% to 20%. Juwai data further revealed that most Chinese homebuyers invest in Canada homes for own use, followed by investment and education.