Income taxes (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Major components of tax expense (income) [Abstract] |
|
| Disclosure of detailed information about income taxes [Table Text Block] |
| |
|
2025 |
|
|
2024 |
|
| |
|
$ |
|
|
$ |
|
| |
|
|
|
|
|
|
| Current income tax |
|
|
|
|
|
|
| Expense for the year |
|
16,633 |
|
|
2,692 |
|
| Current income tax expense |
|
16,633 |
|
|
2,692 |
|
| |
|
|
|
|
|
|
| Deferred income tax (Note 18 (b)): |
|
|
|
|
|
|
| Origination and reversal of temporary differences |
|
26,005 |
|
|
5,521 |
|
| Change in unrecognized deductible temporary differences |
|
(6,423 |
) |
|
5,174 |
|
| Adjustments in respect of prior years |
|
(704 |
) |
|
462 |
|
| Other |
|
(214 |
) |
|
26 |
|
| |
|
|
|
|
|
|
| Deferred income tax expense |
|
18,664 |
|
|
11,183 |
|
| |
|
|
|
|
|
|
| Income tax expense |
|
35,297 |
|
|
13,875 |
|
|
| Disclosure of reconciliation of statutory weighted average tax rate applicable to income [Table Text Block] |
| |
|
2025 |
|
|
2024 |
|
| |
|
$ |
|
|
$ |
|
| |
|
|
|
|
|
|
| Earnings before income taxes |
|
241,385 |
|
|
30,142 |
|
| |
|
|
|
|
|
|
| Income tax provision calculated using the combined Canadian federal and provincial statutory income tax rate |
|
63,967 |
|
|
7,988 |
|
| Increase (decrease) in income taxes resulting from: |
|
|
|
|
|
|
| Permanent differences on share-based compensation |
|
(1,698 |
) |
|
(59 |
) |
| Non-taxable/non-deductible portion of capital (gains) losses, net |
|
(6,209 |
) |
|
6,051 |
|
| Differences in foreign statutory tax rates |
|
(15,140 |
) |
|
(6,566 |
) |
| Changes in unrecognized deferred tax assets |
|
(6,423 |
) |
|
5,174 |
|
| Foreign withholding taxes |
|
1,047 |
|
|
799 |
|
| Taxable foreign accrual property income |
|
671 |
|
|
- |
|
| Adjustments in respect of prior years |
|
(704 |
) |
|
462 |
|
| Other |
|
(214 |
) |
|
26 |
|
| |
|
|
|
|
|
|
| Total income tax expense |
|
35,297 |
|
|
13,875 |
|
|
| Disclosure of components of deferred income tax assets and liabilities [Table Text Block] |
| |
|
December 31, |
|
|
December 31, |
|
| |
|
2025 |
|
|
2024 |
|
| |
|
$ |
|
|
$ |
|
| Deferred tax assets: |
|
|
|
|
|
|
| Non-capital losses |
|
- |
|
|
8,387 |
|
| Deferred and restricted share units |
|
7,596 |
|
|
4,116 |
|
| Share and debt issue expenses |
|
422 |
|
|
888 |
|
| Other |
|
331 |
|
|
478 |
|
| |
|
8,349 |
|
|
13,869 |
|
| Deferred tax liabilities: |
|
|
|
|
|
|
| Royalty interests |
|
(97,631 |
) |
|
(85,089 |
) |
| Stream interests |
|
(6,322 |
) |
|
(4,634 |
) |
| Investments |
|
(2,407 |
) |
|
(380 |
) |
| |
|
(106,360 |
) |
|
(90,103 |
) |
| Deferred tax liability, net |
|
(98,011 |
) |
|
(76,234 |
) |
|
| Disclosure of movement in net deferred tax liabilities [Table Text Block] |
| |
|
2025 |
|
|
2024 |
|
| |
|
$ |
|
|
$ |
|
| |
|
|
|
|
|
|
| Balance - January 1 |
|
(76,234 |
) |
|
(72,797 |
) |
| Recognized in net earnings |
|
(18,664 |
) |
|
(11,183 |
) |
| Recognized in other comprehensive loss / income |
|
(2,050 |
) |
|
918 |
|
| Recognized in equity |
|
2,875 |
|
|
929 |
|
| Currency conversion adjustment |
|
(3,938 |
) |
|
5,899 |
|
| Balance - December 31 |
|
(98,011 |
) |
|
(76,234 |
) |
|