v3.26.1
Share-based compensation plans (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Compensation expense under equity settled plans
2025
2024
Employee share ownership plan
$
5,612
$
4,881
Restricted share unit plan
9,656
6,775
Total
$
15,268
$
11,656
Expenses (recoveries) cash-settled plans
2025
2024
Performance share unit plan
$
28,854
$
13,249
Restricted share unit plan
20,920
13,125
Deferred share unit plan
19,201
9,221
Phantom stock option plan
1,017
743
Phantom restricted share unit plan
1,369
863
Total
$
71,361
$
37,201
Stock Option Plan [Member]  
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Schedule of number of stock options and weighted average exercisable price
(Number of options)
2025
2024
Beginning of year
259,958
1,396,289
Granted
-
-
Exercised [note 16]
(145,895)
(1,136,331)
End of year
114,063
259,958
Exercisable
114,063
259,958
2025
2024
Beginning of year
$15.05
$14.73
Granted
-
-
Exercised
14.87
14.66
End of year
$15.27
$15.05
Exercisable
$15.27
$15.05
Total options outstanding and exercisable
Options outstanding
Options exercisable
Option price per share
Number
Weighted
average
remaining
life
Weighted
average
exercisable
price
Number
Weighted
average
exercisable
price
$
15.27
114,063
1.2
$15.27
114,063
$15.27
114,063
114,063
Performance Share Unit Plan [Member]  
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Schedule of number of stock options and weighted average exercisable price
2025
2024
Beginning of year
636,588
830,279
Granted
183,370
178,600
Settled
(236,434)
(368,636)
Forfeited
-
(4,930)
Dividends reinvested
1,133
1,275
End of year
584,657
636,588
Restricted Share Unit Plan [Member]  
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Schedule of number of stock options and weighted average exercisable price
2025
2024
Beginning of year
734,000
814,683
Granted
327,867
322,267
Settled
(293,551)
(380,273)
Forfeited
(11,826)
(24,148)
Dividends reinvested
1,469
1,471
End of year
757,959
734,000
Phantom Restricted Share Unit Plan [Member]  
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Schedule of number of stock options and weighted average exercisable price
2025
2024
Beginning of year
25,560
28,000
Granted
9,121
9,096
Settled
(10,704)
(11,587)
Forfeited
-
-
Dividends reinvested
46
51
End of year
24,023
25,560
Phantom Stock Option Plan [Member]  
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Schedule of number of stock options and weighted average exercisable price
2025
2024
Beginning of year
35,361
45,551
Granted
-
-
Exercised
(22,861)
(10,190)
Forfeited
-
-
End of year
12,500
35,361
Equity Settled Plan [Member]  
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Inputs measurement fair value of share-based plans
Grant date
Mar 1/25
Number of options granted
205,934
Average strike price
$63.70
Expected forfeitures
10%
Weighted average grant date fair values
$63.70
Cash Settled Plan [Member]  
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Inputs measurement fair value of share-based plans
Phantom
PSU
RSU
RSU
Number of units
183,370
122,320
9,121
Expected vesting
139%
-
-
Expected life of option
3
years
3
years
3
years
Expected forfeitures
9%
9%
7%
Weighted average measurement date fair values
$63.70
$63.70
$63.70
Phantom
Phantom
stock options
PSU
RSU
RSU
Number of units
12,500
584,657
396,819
24,023
Expected vesting
-
80%
-
-
Average strike price
$11.61
-
-
-
Expected dividend
$0.24
-
-
-
Expected volatility
44%
-
-
-
Risk-free interest rate
2.6%
-
-
-
Expected life of option
2.2
years
0.9
years
1.1
years
1.0
years
Expected forfeitures
7%
3%
8%
7%
Weighted average measurement date fair values
$114.18
$125.68
$125.68
$125.68