Share Capital (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Share Capital , Reserves, Other Equity Interest, Share-Based Payment Arrangements And Earnings Per Share [Abstract] |
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| Schedule of Issued and Outstanding Options Price |
A continuity of the issued and outstanding options is as follows:
| | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | 2025 | | 2024 | | Number of Stock Options | | Weighted Average Exercise Price (CAD) | | Number of Stock Options | | Weighted Average Exercise Price (CAD) | Outstanding stock options, beginning of year | 1,734,607 | | | $ | 19.07 | | | 1,886,325 | | | $ | 19.03 | | Issued | 290,782 | | | 33.84 | | | 473,365 | | | 21.00 | | Exercised | (541,413) | | | 18.60 | | | (551,818) | | | 20.57 | | Forfeited | (143,413) | | | 19.53 | | | (73,265) | | | 19.13 | | Outstanding stock options, end of year | 1,340,563 | | | $ | 22.41 | | | 1,734,607 | | | $ | 19.07 | |
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| Schedule of Number and Weighted Average Remaining Life of Stock Options |
As at December 31, 2025, the following stock options were outstanding:
| | | | | | | | | | | | | | | | | | | | | Weighted Average Exercise Prices | | Number of Stock Options | | Vested and Exercisable Number of Stock Options | | Weighted Average Remaining Life in Years | | | | | | | | $10.01 to $20.00 CAD | | 650,755 | | | 503,992 | | | 2.43 | $20.01 to $30.00 CAD | | 412,064 | | | 134,097 | | | 3.92 | 30.01 to 34.58 CAD | | 277,744 | | | 19,464 | | | 4.94 | $22.41 CAD ($16.35 USD) | | 1,340,563 | | | 657,553 | | | 3.41 |
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| Weighted Average Inputs in Fair Value Measurement of Stock Options |
The fair value of options granted was determined using the Black-Scholes option pricing model. The weighted average inputs used in the measurement of fair values at grant date of the options are the following:
| | | | | | | | | | | | Year Ended December 31, | | | 2025 | 2024 | | | Expected term (years) | 3.4 | | 3.4 | | | | Forfeiture rate | 2 | % | — | % | | | Volatility | 50 | % | 51 | % | | | Dividend yield | — | % | — | % | | | Risk-free interest rate | 2.69 | % | 2.90 | % | | | Weighted-average fair value per option | $ | 9.48 | | $ | 5.90 | | | |
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| Schedule of PSUs, RSUs, DSUs, RSUs Issued and Outstanding |
The continuity of PSUs issued and outstanding is as follows:
| | | | | | | | | | | | | Year Ended December 31, | | 2025 | | 2024 | Outstanding balance, beginning of year | 1,014,505 | | | 967,921 | | Issued | 197,786 | | | 357,792 | | Settled | (201,640) | | | (249,694) | | Forfeited | (130,948) | | | (61,514) | | Outstanding balance, end of year | 879,703 | | | 1,014,505 | |
The continuity of DSUs issued and outstanding is as follows:
| | | | | | | | | | | | | Year ended December 31, | | 2025 | | 2024 | Outstanding balance, beginning of year | 325,111 | | | 307,312 | Issued | 44,570 | | | 67,006 | | Settled | (12,882) | | | (49,207) | | | | | | Outstanding balance, end of year | 356,799 | | | 325,111 | |
The continuity of RSUs issued and outstanding is as follows:
| | | | | | | | | | | | | Year ended December 31, | | 2025 | | 2024 | Outstanding balance, beginning of year | 328,180 | | | 340,570 | Issued | 108,500 | | | 163,904 | | Settled | (149,029) | | | (162,996) | | Forfeited | (16,765) | | | (13,298) | | Outstanding balance, end of year | 270,886 | | | 328,180 | |
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| Share-based Compensation Expense Associated With Each Component |
| | | | | | | | | | | | | | | | | | | | | Year ended December 31, | | | | | | 2025 | | 2024 | Stock options | | | | | $ | 2,405 | | | $ | 2,739 | | Performance share unit plan | | | | | 13,690 | | | 3,605 | | Deferred share unit plan | | | | | 5,698 | | | 1,086 | | Restricted share unit plan | | | | | 2,787 | | | 2,553 | | Share-based compensation(1) | | | | | $ | 24,580 | | | $ | 9,983 | |
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| Schedule of Net Income per Share |
(f) Net Income (Loss) per Share | | | | | | | | | | | | | | | | | | | | | Year ended December 31, | | | | | | 2025 | | 2024 | Weighted average number of common shares outstanding | | | | | 103,683,274 | | | 103,106,305 | | Dilutive effects of: | | | | | | | | Stock options | | | | | 178,109 | | | — | | Share units | | | | | 270,886 | | | — | | Weighted average number of diluted common shares outstanding(1) | | | | | 104,132,269 | | | 103,106,305 | | | | | | | | | | Net income (loss) attributable to owners of the Company | | | | | $ | 263,723 | | | $ | (68,475) | | Basic net income (loss) per share | | | | | $ | 2.54 | | | $ | (0.66) | | Diluted net income (loss) per share | | | | | $ | 2.53 | | | $ | (0.66) | |
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