Mine was a short comment, and I actually address the point you raise, but I'll recapitulate it. Namely, if one is a foreigner caught buying a Canadian residential property, one is certain to pay $10,000, but may be forced to sell it, if the Minister and provincial superior court can be bothered.

IANAL, but between the two sections we've excerpted, and the already-posted, short law, it doesn't seem particularly well-designed, except as a temporary budgetary boost to the government.