I would only take the view that, at a macro level, the first-time homebuyer segment has continued to be diminished and represents a smaller component of the overall housing market. It strikes me that if it's prudent for one part of the housing market that's not necessarily creating any of the challenges in today's housing market, those being the elevated pricing in Toronto or Vancouver, which are largely not first-time homebuyer markets, then it strikes me as at least a prudent consideration to contemplate having a stress test on all mortgages in Canada.
On February 1st, 2017. See this statement in context.