No. Unfortunately, we have both first-hand and second-hand knowledge of international owners of accommodation selling their properties with the institution of the UHT. In fact, they are extremely disheartened, as they were solicited to invest in Whistler and they recognize that Whistler's success is, in part, due to their investments. They believe that Canada is now turning its back on them.
Of note, they don't make a large financial return on property ownership in Whistler. It's very slim, at around 4% to 6%, noting that Whistler's a mature resort destination. Hotel and condominium units require ongoing maintenance, regular capital upgrades and reinvestment, all of which are directly paid for by the individual property owners. That's the foundation and a pillar of Whistler's success.