Okay. The reason I ask is that obviously there's not a “Canadian” real estate market. There are hundreds of real estate markets, some small and some large, and obviously these changes really seem to be constructed to deal with some issues that are specific to places such as Toronto, or Vancouver in my home province.
The question I would have, besides noting what some mortgage lenders have described to me as applying a sledgehammer to a very specific problem, is this: were there tools that the government ignored using in order to be able to apply some of these changes to regions rather than nationally in scope? Can anyone give some inkling of an idea as to whether or not that would have been more appropriate?