A Conservative Party amendment to ease the housing crisis by temporarily banning foreigners from purchasing Canadian real estate in order to stem demand has been voted down by Liberal MPs, despite this being part of their party’s platform during the last election campaign. Conservative MP Adam Chambers presented the amendment of the Underused Housing Tax Act contained in the government’s Bill C-8, as MPs were reviewing the bill during a parliamentary finance committee meeting on Feb. 28. “Recognizing it is not permanent, it is mostly so that we can all take a step back and try to take the wind out of the sails a little bit of this breakneck speed that we’re seeing in the property market,” Chambers said as he presented the amendment. Chambers noted the amendment, which would ban foreign buyers from Canada’s real estate market for a period of two years, would buy time to “see …