There is a foreign buyer's tax in British Columbia, and that has been spread out to the interior and to some parts of the island. Also, there is a speculator's tax. I've had a tremendous number of phone calls from Albertans and people in West Kelowna who will be affected; developers aren't bringing their projects forward because they don't feel there may be a market.
Are these kinds of policies something you think the Bank of Canada will track, or are they policies that you don't think have enough national substance to track?