Ontario announces 16 new measures to curb Toronto-area housing prices

Sometimes you need a scalpel, sometimes you need a sledge hammer
– 15% speculation tax on non-Canadian citizens, non-permanent residents and non-Canadian corporations
Prices around Toronto are up around 30% y/y. The horse has already left the barn and this is more-likely to cause a bust than it is to let a bit of air out of the bubble.