The Minister of Finance makes policy for the nation as a whole, and it's on that that we advise him. He did not, and we did not in our advice, target Toronto and Vancouver. House prices and indebtedness are up across the country. Again, I would refer to the Bank of Canada's FSR for evidence of that.
With regard to the impact on first-time homebuyers, it wouldn't be fair to say that we were targeting them or that we intended to hurt first-time homebuyers. In fact, we were quite sympathetic to the impact on those individuals. What we were trying to do was save the long-term economic growth of this country from the possibility of a recession triggered by high house prices and high levels of indebtedness.