I am once again perplexed on what they base this on.  None of the banks, nor any level of government, know the level of foreign buying in the Ontario, let alone the Toronto market.  That is why in the budget announcement they are allocating funds to actually determine this.  If you look at solds in C3 and C4 right after the announcement nothing has stopped, because...drum roll please... it is actually families buying these homes and moving into them.  we are not Vancouver here in Toronto, so stop this nonsense!