v3.25.4
Goodwill and other intangibles (Tables)
 12 Months Ended
Dec. 31, 2025
Disclosure of detailed information about intangible assets [abstract]  
Disclosure of reconciliation of changes in intangible assets and goodwill
Supporting information
GoodwillCustomer Relationship IntangibleOtherTotal
As at December 31, 2023$1,949 $339 $20 $2,307 
Additions— — 3 3 
Amortization1
— (53)(9)(63)
Impairment (note 16)(70)— — (70)
Foreign exchange(1)— — (1)
Other— — 2 2 
As at December 31, 2024$1,879 $285 $16 $2,180 

As at December 31, 2024
Cost$1,879 $489 $81 $2,448 
Accumulated amortization— (203)(65)(268)
Net$1,879 $285 $16 $2,180 

As at December 31, 2024$1,879 $285 $16 $2,180 
Additions— — 3 3 
Amortization1
— (47)(2)(49)
Impairment (note 16)
(409)— — (409)
Foreign exchange1 2 — 3 
Disposals— — (4)(4)
Other— — 2 2 
As at December 31, 2025$1,471 $239 $15 $1,726 

As at December 31, 2025
Cost$1,471 $491 $78 $2,040 
Accumulated amortization— (251)(63)(314)
Net$1,471 $239 $15 $1,726 
1.Amortization relates to selling, general and administration expenses.
Schedule of Goodwill
For the purposes of impairment testing, goodwill has been allocated to the following CGU groups:
December 31,December 31,
As at20252024
Canadian lumber$171$171
U.S. lumber—409
North America EWP1,2801,280
Europe EWP2019
Total$1,471$1,879
Schedule Of Goodwill Key Assumptions
The following table lists the key assumptions and sensitivities for the U.S. lumber CGU group:
Key assumptionsSensitivity of recoverable amount to a 1% change in assumption
Product pricing$96 million
Production volumes
$18 million
Operating costs$84 million