Tim Hortons has an excellent foundation, a strong business model and, we believe, attractive growth opportunities. While operating conditions are challenging, we continue to build on our strengths. Unparalleled success in our home market, Canada, has provided us with a reliable base that generates substantial cash flows. We have gained a solid foothold in the much larger U.S. market, which is our primary focus for the next wave of growth. International expansion opportunities also offer exciting longer-term possibilities.