When you look at just the GST/HST component, one of the big issues that we've had for a long time, since its inception, is that there is a new housing rebate, but it gets capped out. Up to $350,000, you don't have to pay and it goes down from there. Since it was introduced in the 1990s, it was supposed to be indexed as house prices went up. It's never been indexed. Unfortunately, it's sometimes hard to find a house in many cities at $350,000 or even $450,000, where you're even going to be eligible for that GST rebate. We've been saying forever that it needs to be indexed.
When you talk about the overall taxation rate on housing, a lot of it comes in at the municipal level. In some cases, especially in the GTA.... Our GTA association did a study and the worst one was Markham, where about 25% of the sale price of a home is government-imposed charges and taxes. If you buy a million-dollar home, $250,000 of that is tax.