Unaudited Interim Condensed Consolidated Statements of Income (Loss) - CAD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Profit or Loss [Abstract] | ||||
| Revenue | $ 79,493 | $ 106,106 | $ 166,553 | $ 222,855 |
| Operating expenses | (61,728) | (50,556) | (117,064) | (103,598) |
| Depreciation | (22,064) | (25,914) | (44,194) | (51,823) |
| Amortization | (8,729) | (11,639) | (17,340) | (22,538) |
| Other operating gains (losses), net | 293 | (131) | (82,054) | 3,819 |
| Operating income | (12,735) | 17,866 | (94,099) | 48,715 |
| Interest expense | (50,446) | (53,631) | (100,404) | (110,295) |
| Gain on repurchase of debt | 6,896 | 6,896 | ||
| Interest and other income | 1,864 | 6,834 | 6,013 | 13,042 |
| Gain (loss) on changes in fair value of financial instruments | (471,925) | (13,248) | (487,746) | (46,660) |
| Gain (loss) on foreign exchange | (19,900) | 114,610 | (37,206) | 117,090 |
| Income (loss) before income taxes | (553,142) | 79,327 | (713,442) | 28,788 |
| Tax (expense) recovery | (5,408) | (3,798) | 3,943 | (4,716) |
| Net income (loss) | (558,550) | 75,529 | (709,499) | 24,072 |
| Net income (loss) attributable to: | ||||
| Telesat Corporation shareholders | (165,782) | 20,996 | (211,277) | 5,458 |
| Non-controlling interest | (392,768) | 54,533 | (498,222) | 18,614 |
| Net income (loss) | $ (558,550) | $ 75,529 | $ (709,499) | $ 24,072 |
| Net income (loss) per common share attributable to Telesat Corporation shareholders | ||||
| Basic (in Dollars per share) | $ (10.89) | $ 1.43 | $ (14.16) | $ 0.38 |
| Diluted (in Dollars per share) | $ (10.89) | $ 1.38 | $ (14.16) | $ 0.36 |
| Total Weighted Average Telesat Corporation Shares Outstanding | ||||
| Basic (in Shares) | 15,219,358 | 14,684,485 | 14,915,651 | 14,503,290 |
| Diluted (in Shares) | 15,219,358 | 16,562,440 | 14,915,651 | 16,328,156 |
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- Definition The weighted average number of ordinary shares outstanding plus the weighted average number of ordinary shares that would be issued on the conversion of all the dilutive potential ordinary shares into ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The cumulative gain (loss) previously recognised in other comprehensive income arising from the reclassification of financial assets out of the fair value through other comprehensive income into the fair value through profit or loss measurement category. [Refer: Financial assets measured at fair value through other comprehensive income; Financial assets at fair value through profit or loss; Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator), divided by the weighted average number of ordinary shares outstanding during the period (the denominator), both adjusted for the effects of all dilutive potential ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The amount of exchange differences recognised in profit or loss that arise from foreign currency transactions, excluding those arising on financial instruments measured at fair value through profit or loss in accordance with IFRS 9. [Refer: At fair value [member]; Classes of financial instruments [domain]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- References Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of expense arising from interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The profit (loss) from continuing and discontinued operations attributable to non-controlling interests. [Refer: Profit (loss); Non-controlling interests] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The profit (loss) from continuing and discontinued operations attributable to owners of the parent. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Represent the amount of gain on repurchase of debt. No definition available.
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