Matthew McKellar

I'd like to ask just how you're managing the downtime at Pine Hill with conditions as seemingly tight as they are.

How do you think about what kind of supply response we see across the industry as that flows through?

is the 2% outperformance versus the North American industry or expect in 2026 based solely on those customer wins you've seen so far

Could you maybe just provide a bit of a perspective on the strategic rationale and high-level economics for the Riverdale conversion

Could you maybe refresh us on what kind of volume growth and volume performance versus market you've assumed in getting to the 2027 targets?

at the Investor Day, I think you talked about exiting some nonstrategic export markets. Could you please just update us on how far along you are

Is there an opportunity here to accelerate reinvestment in your mills while the demand backdrop is still a bit soft?

are you able to provide any additional color on what kind of CapEx you're anticipating for that plant?

are you anticipating pretty similar improvements in productivity? Does that change at all versus the first

I was wondering if you could just elaborate whether these are opportunities to sort of improve your own assets and operations or more related to developments in the market

Could you maybe just refresh us on your top focus items and most significant investments here as well as more broadly just what you're hoping to achieve in this region in 2025

the steps you've actually taken to improve capacity around transportation for lumber

how those inventories would compare to where they'd normally be this time of year

what kind of increase in prices or sawmill demand, however you'd like to frame it, that you'd need to see to create real tension

should that inventory destocking phenomenon be relatively short-lived in your view

Is it appropriate or attractive to allocate additional capital to wood products

are those all track into 2026 in terms of registration and sales

how do you think about the likely impact to timberland valuations over the medium term?

have you been intending to perform this maintenance in Q2 for some time? Or are you pulling forward any maintenance

I was wondering if you could just please expand on what's driving your expectations on cost there

How do you think about those portfolio integration benefits look like?