Thank you very much. I really appreciate those comments.
This has been said already by others. They seem to indicate that the government's decision was, in fact, a political response to the housing crisis, which, by the way, was not necessarily caused by newcomers but by successive Liberal and Conservative governments that failed on the delivery of housing that people need. I won't expand on that now. I'll save that for another day.
People are also saying that they fear there will be unanticipated consequences as a result of these decisions and the announcement that the government has made. You touched on this in your podcast, saying, “We're about to see a lot of dominoes fall, like the financial crisis about to hit a lot of the Ontario post-secondary system, and this is going to have knock-on effects because firms aren't going to find workers, so we'll see plants starting to close or threatening to close.”
I wonder if you can share with the committee your thoughts on the broad economic impacts of the international student caps for different provinces and different regions, particularly rural regions or smaller communities.