Thank you. I have three questions but I'll ask them one at a time.
What improvements in productivity have the paper manufacturers made over the past decade in order to prepare for a potential increase in the Canadian dollar? Over the past three years, the dollar has gone up by 36 cents. What have you done given this increase? In 2004, total revenues for the forestry industry were $81 billion. However, the money spent on research and development only amounted to $345 million, which is 0.4 per cent of revenue. I would like to know what you have done and what you expect to do in order to mitigate the impact of the increase in value of the Canadian dollar, which, as you know, can increase in value at any time.