Where Is The Mortgage Market in Canada?

Well i have been on holidays, recharging with my family. Which has been a good thing since the mortgage market in Canada is getting scary? I do not know about that, the changes with all the rules do not make sense to most people.Why did the change the mortgage rules for qualification for clients, the banks asked the Canadian government to change them. These changes may have the impact that everyone is looking for which is namely no housing bubble, if there ever was one in the first place. we are in a position where the foreclosure rates, late payments in Canada are still at all time lows. What bubble?? These rules have down some good as people buying with rental homes with less then 20% down payment does make sense. The other rules are just limiting the consumer's choice in Canada. We are not allowing the consumer to have as much choice which is wrong.