I would like to announce that Derek Beaudoin, a long time Board Director and past Executive Board member, has resigned his position as CRTA Board Director effective immediately. Derek has been a great contributor to CRTA over the years and will be greatly missed. We wish him continued success with his company, Canadian ICR, for many years to come. Please join me in thanking Derek for his devotion and willingness to always help moving CRTA ahead as a important and influential Canadian Timeshare Association.