Q: With a record immigration numbers and very few pre-construction sales due to the spook that high rates have put into real estate investors, there is a massive shortage of new housing units that has yet to be felt by the market (in my opinion). I think this is a uniquely Canadian problem and wonder if you see any companies poised to outperform when rates are falling and housing starts begin to pick up? Could you name 3-4 companies that would benefit in different ways when the shortage of available housing starts to translate into a rapid increase in units built?

Q: Are you aware of any correlation between notable wildfire seasons and stock prices for lumber co's?

Q: Can I get an update on your thoughts on the forestry sector please. The stocks seem pretty cheap for the most part. Are they likely to go anywhere in the coming year? Which is your favourite (least disliked)?