There's another good reason to pick up the Turks and Caicos.
We had snowbirds in 2002 when we had a travel deficit of $1.5 billion. You'll see this around the world: a northern hemisphere country always tends to have a travel deficit. It's not just a Canadian phenomenon; it exists in other countries as well.
We expect to have a travel trade deficit—that means Canadians spending more money outside the country than visitors spend in the country. But to be ballooning every year—for the last six years we have continually added another $1 billion or $2 billion to our travel deficit, with the same number of snowbirds—is startling. Things such as the GST rebate, the welcoming at the border, the border thickening, the relationship with the United States—all of these things—have compounded to hurt Canada with its number one visitor market, the U.S.