v3.26.1
condensed interim consolidated statements of changes in owners' equity - CAD ($)
shares in Millions, $ in Millions
Equity contributed, Common shares
Contributed surplus
Retained earnings (deficit)
Accumulated other comprehensive income (loss)
Common equity
Non-controlling interests
Total
Balance (in shares) at Dec. 31, 2024 1,504            
Balance at Dec. 31, 2024 $ 13,124 $ 1,081 $ 1,520 $ (105) $ 15,620 $ 1,178 $ 16,798
Net income (loss)     328   328 (272) 56
Other comprehensive income     26 20 46 (45) 1
Dividends     (1,244)   (1,244)   (1,244)
Dividends reinvested and optional cash payments $ 409       409   409
Dividends reinvested and optional cash payments (in shares) 21            
Equity accounted share-based compensation   70     70 (4) 66
Change in ownership interests of subsidiaries   (9)     (9) 25 16
Balance (in shares) at Jun. 30, 2025 1,525            
Balance at Jun. 30, 2025 $ 13,533 1,142 630 (85) 15,220 882 16,102
Balance (in shares) at Dec. 31, 2025 1,549            
Balance at Dec. 31, 2025 $ 14,096 1,577 98 4 15,775 804 16,579
Net income (loss)     (1,704)   (1,704) 18 (1,686)
Other comprehensive income     12 (16) (4)   (4)
Dividends     (1,312)   (1,312)   (1,312)
Dividends reinvested and optional cash payments $ 438       438   438
Dividends reinvested and optional cash payments (in shares) 25            
Equity accounted share-based compensation $ 21 64     85   85
Equity accounted share-based compensation (in shares) 1            
Partnership distributions to non-controlling interest           (14) (14)
Issue of shares in business combination $ 3       3   3
Balance (in shares) at Jun. 30, 2026 1,575            
Balance at Jun. 30, 2026 $ 14,558 $ 1,641 $ (2,906) $ (12) $ 13,281 $ 808 $ 14,089