Continued Strong EBITDAR Margins

Annual Assumptions 2018 - 2020 GDP Canada CPI Canada 2018 2019 Moderate Growth Approximately 2% 2020 Average Jet Fuel Price (Canadian cents per litre) 62 65 67 Average Currency (US$ = C$) 1.32 1.32 1.32 Average Annual Wage Rate Increase 2% 2% 2% 120

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