Yes, foreign investors can buy commercial real estate in Canada. However, you must pass a federal review under the Investment Canada Act (ICA) if your investment exceeds updated 2026 thresholds, and you face additional tax, ownership, and lease enforceability rules. In 2026, the ICA net benefit review threshold for WTO investor acquisitions jumped to CAD $2.2 billion (up from $1.4B in 2025), while state-owned enterprise (SOE) reviews remained at CAD $1.1 billion. At David Gha