Thank you very much, Mr. Chair.
Thank you to our witnesses and to our interested stakeholders for being here this morning.
Monsieur Houle, I would perhaps start with you, sir. Shell initiated this strategic review just over a year ago. In the press release announcing that review, and I'll read from it, it says that you will consider all long-term future options, which include the sale of the refinery and some associated downstream businesses, a joint venture, conversion to a terminal, closure, or continued operation. And then in your testimony this morning, you indicated that converting to a terminal was not your first choice.
In terms of the range of options that were on the table and that you announced a year ago, could you please rank them in terms of your preference?