Income taxes (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure of detailed information about income taxes [Table Text Block]

	2021		2020
	$		$

Current income tax
Expense for the year ⁽ⁱ⁾	1,231		7,153
Current income tax expense	1,231		7,153

Deferred income tax (Note 26 (b)):
Origination and reversal of temporary differences	(8,259	)	(1,062	)
Impact of changes in tax rates	-		11
Change in unrecognized deductible temporary differences	20,050		6,570
Other	(67	)	(1,759	)

Deferred income tax expense	11,724		3,760

Income tax expense	12,955		10,913

(i) In 2020, the current income tax expense includes an amount of US$4.5 million ($5.8 million) resulting from the San Antonio stream transaction (paid in 2021).

Disclosure of reconciliation of statutory weighted average tax rate applicable to income [Table Text Block]

	2021		2020
	$		$
(Loss) income before income taxes	(43,720	)	27,142
Income tax provision calculated using the combined Canadian federal
and provincial statutory income tax rate	(11,586	)	7,193
Increase (decrease) in income taxes resulting from:
Non-deductible expenses, net	908		(11	)
(Non-deductible) non-taxable portion of capital losses, net	(761	)	(1,893	)
Differences in foreign statutory tax rates	(3,898	)	(408	)
Changed in unrecognized deferred tax assets	20,050		6,570
Foreign withholding taxes	864		778
Deferred premium on flow-through shares	(1,847	)	-
Effect of flow-through shares renunciation	8,021		-
Tax rate changes of deferred income taxes	-		11
Other	1,204		(1,327	)

Total income tax expense	12,955		10,913

Disclosure of components of deferred income tax assets and liabilities [Table Text Block]

	December 31,		December 31,
	2021		2020
	$		$

Deferred tax assets:
Stream interests	30,100		34,278
Non-capital losses	7,663		8,195
Deferred and restricted share units	3,401		4,008
Share and debt issue expenses	2,935		4,562
	44,099		51,043
Deferred tax liabilities:
Royalty interests and exploration and evaluation assets	(102,782	)	(93,266	)
Investments	(8,077	)	(9,437	)
Convertible debentures	(1,173	)	(2,315	)
Other	(474	)	(454	)

	(112,506	)	(105,472	)

Deferred tax liability, net	(68,407	)	(54,429	)

Disclosure of deferred taxes [Table Text Block]

The 2021 movement for deferred tax assets and deferred tax liabilities may be summarized as follows:

							Other
			Statement				comprehen-
	Dec. 31,		of inco-				sive income		Translation	Dec. 31,
	2020		me (loss)		Equity		(loss)		adjustments	2021
	$		$		$		$		$	$

Deferred tax assets:
Stream interests	34,278		(4,178	)	-		-		-	30,100
Non-capital losses	8,195		(532	)	-		-		-	7,663
Deferred and restricted share units	4,008		(328	)	(279	)	-		-	3,401
Share and debt issue expenses	4,562		(96	)	(1,531	)	-		-	2,935
Deferred tax liabilities:
Royalty interests and exploration
and evaluation assets	(93,266	)	(9,543	)			-		27	(102,782	)
Investments	(9,437	)	1,831		-		(471	)	-	(8,077	)
Convertible debentures	(2,315	)	1,142		-		-		-	(1,173	)
Other	(454	)	(20	)	-		-		-	(474	)
	(54,429	)	(11,724	)	(1,810	)	(471	)	27	(68,407	)

The 2020 movement for deferred tax assets and deferred tax liabilities may be summarized as follows:

						Other
			Statement			comprehen-		Benefit from
	Dec. 31,		of inco-			sive income		flow-through		Translation	Dec. 31,
	2019		me (loss)		Equity	(loss)		shares		adjustments	2020
	$		$		$	$		$		$	$

Deferred tax assets:
Stream interests	28,826		5,452		-	-		-		-	34,278
Non-capital losses	170		8,025		-	-		-		-	8,195
Deferred and restricted share units	2,865		435		708	-		-		-	4,008
Share and debt issue expenses	(113	)	(569	)	5,244	-		-		-	4,562
Deferred tax liabilities:
Royalty interests and exploration
and evaluation assets	(77,641	)	(16,204	)		388		66		125	(93,266	)
Investments	1,911		(1,613	)	-	(9,707	)	(28	)	-	(9,437	)
Convertible debentures	(3,632	)	1,317		-	-		-		-	(2,315	)
Other	149		(603	)	-	-		-		-	(454	)
	(47,465	)	(3,760	)	5,952	(9,319	)	38		125	(54,429	)

Disclosure of unrecognized deferred tax assets [Table Text Block]

	December 31,	December 31,
	2021	2020
	$	$

Non-capital losses carried forward	64,650	43,379
Mineral stream interests - Mexico	7,446	5,796
Unrealized losses on investments	3,598	6,529
Capital losses	2,127	-
Other	1,694	1,632
	79,515	57,336