Absolutely. It's a very serious concern to all Canadians now, and it has been for some time. We saw in 2023 that grocery prices were rising faster than they had been in 40 years.
In our grocery market study report, where we did a deep dive on what was really going on and what the competition issues were in the grocery sector, one of the findings we made, and also what we heard from people we spoke to, was that independents, or smaller grocery stores, were finding it harder to compete. They relied on wholesale, which was owned by the larger incumbents. That really hurt their ability to compete with the larger incumbents. We also saw new models that were trying to emerge, which had no retail site and were strictly delivery, but the problem once again was that they would have to rely on the wholesales that are controlled by the larger players. That definitely presents a problem in Canada.
In terms of what you communicated about only smaller stores being in certain areas, that is also partially tied to the property controls issue. Where it goes even further, you have what are called food deserts—
