I'm sure they will be right on it, as soon as they complete a multi year study of the issue....

Why would they do anything other than making a few proclamations? The Canadian economy runs on real estate so money laundering + foreign earned capital = thriving Canadian housing market! Everyone gets rich and makes more off their house than their jobs - what can go wrong? Cut off the money laundering and watch the housing market crash -  no politician is going to do anything to upset this house of cards.