You have probably identified most of it. Travel and tourism is influenced by the economy. When the economy went into a tailspin, we went into a tailspin. Why? If you don't have a job, you don't take a holiday; and if you're a business, you ask whether you really need to take that trip. So that had an impact on us, more than anything.
By the way, this is having a bigger impact now than what we had with SARS or with 9/11, and so forth—just so we're all on record about that, and I think my colleagues would support it. But it's also reflective of the problem we have with a tightening border, with the passport requirement, and with the dollar. When the dollar was trading at 65¢, if you came to Canada for two days, the third day was free. That's what it was. When we have a dollar that's at around 95¢ or so—my friend Gord Brown operates hotels right on the border and he knows this better than anybody—the fact is that all of these combined just make a real mess for us.
So to identify it as one specific thing, no, but together, boy oh boy, as I said, we lost $625 million in a seven- or eight-month period.