[gustavo]

Originally Posted by Warren Kiefer

Has the Golf Division raised their green fees again. I have not had a chance to check but it seems they go up every year. They always blame inflation as being the reason, but the inflation rate for a couple of years has been less than 2% and the green fees have been increasing at about 10%.

If the 2% you're referring to is the Govt CPI, that has nothing to do with the cost inflation associated with maintaining golf courses.