In terms of the trends this winter, we're seeing increased outdoor recreational participation and spending, which generally has been increasing rapidly. Since COVID, there's been a major increase in spending and participation in outdoor recreation. We are seeing impacts from climate change and other environmental and political factors that influence how and where people are participating and, therefore, spending their money on outdoor recreation.
The current relationship with the U.S. is leading to a greater increase in domestic, localized spending on outdoor recreation, which is a positive step for our outdoor recreation sectors in Canada. There are fewer people travelling across the border for things like skiing and the other activities they would potentially do. That's where we're seeing growth in the same sense that we saw during the period of COVID.
