Mortgage Rule Changes In Canada?

We are now seeing the rule changes start to take effect in the marketplace. Is this the best thing for the consumer? These rules are not because of mortgages that people can not afford. We have interest rates at all time lows in Canada. Arrears in Canada are still at all time lows for the record and foreclosures are not on the rise. The problem for debt load is in my opinion unsecured credit cards and lines of credit. There seems to be no qualification or guidelines on these and consumers are using them at high levels. The government has made some good changes in regards to the investment buying requirements and refinance of your current home. The rules on qualifying for variable rate, using rental income and the new self employed changes have gone too far. We are now limiting the Canadians that can own a home not in helping them achieve it.