A stronger Canadian dollar, seasonally weak coated pricing, and higher labor related expenses affected first-quarter results.

I regret the impact that our decision at Thunder Bay will have on our employees, their families and the community. However, this restructuring is essential for the viability of this site. Also critical is an improved operating environment in Ontario.

Our 2005 financial results were very disappointing. We continued to face a stronger Canadian dollar, and higher energy and wood costs.

What the country needs are a few labor-making inventions.

Those who labor with their minds, rule; those who labor with their bodies, are ruled

It is one of the characteristics of a free and democratic nation that is have free and independent labor unions.