Thank you for your comments.
The harmonization in both Ontario and B.C. will substantially add to the cost of a new home. Currently it's estimated, depending on the jurisdiction, that the embedded sales tax they pay is about 2%. In Ontario, at 8%, it would be an additional 6% for a home. In B.C., where it's 7%, it would be an additional 5%, less whatever rebate the provinces have worked out. For an average home, if you take the $400,000 mark, 5% is a lot of money. It's $20,000 on a home. It will affect the consumer in a big way.