As a BC resident reading this article, I'm struck by the similarity (with a delay of around 18 months) of the tactics of Ontario's Government with those of the BC Government.

Essentially, the BC Liberal Government tried as long as possible to stand apart and above the debate about the real estate bubble in the GVRD hoping that this fragile, momentarily stimulative but economically and socially dangerous and distorting over time bubble would not burst (or criticism be directed at them) before an upcoming election.  When this strategy of neglect became politically unsustainable, the BC Government implemented a series of ever-changing cosmetic initiatives in the hope of deflecting criticism but avoided addressing the difficult issues needed to stabilize the real estate market and address the ancillary economic and social issues.

It was bad enough for the BC Government to follow this irresponsible route; more so for Ontario's given that they have the BC experience to improve upon.