Briarwood Manufacturing sponsors a defined benefit pension plan. At the end of 2025, the plan reports a projected benefit obligation (PBO) of $340 million and fair value of plan assets of $295 million. The discount rate is 5.5%, expected return on plan assets is 7.0%, and service cost for the year is $18 million. Actual return on plan assets was $24 million. Under IFRS, what is the net pension cost (expense) recognized in profit or loss for 2025?