Mr. Speaker, as the member opposite knows, we have moved four times in recent years to tighten the rules with respect to residential mortgages. That, among other factors, has had a significant influence on the residential mortgage and market in Canada. It is beneficial and healthy to see some moderation in that market.
The truth of the matter is that the vast majority of Canadians are investing in their homes. Canadians are confident in the economy and are proceeding with purchases they can afford.