As Gary just mentioned a few minutes ago, back in April, Vancouver started coming off month after month. I think the tax on the vacant properties in Vancouver was very prudent. I don't even necessarily disagree with the foreign homebuyers tax. Certainly in those large urban centres, there is no question that they were driving up prices. I fully support the federal government working with its provincial counterparts to take a regional approach in markets as they become problematic.
Just to reiterate, from my perspective, I'm in a unique position. I'm not a lender. I'm not an insurer. I'm an originator and I can shift my business. I can send more of my business to the banks, and I have great relationships with them. I'm giving you someone who universally looks at almost 500,000 mortgage applications per year. I'm sharing boots on the street, real feedback. The changes made by this government were without consultation and were very quick. We in the industry all know that the government was attempting to solidify our Canadian housing market so that we would continue to be a country that worldwide markets look to with admiration. In this particular situation, I think they went a little too far.