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Assets Held For Sale | 6 Months Ended
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Jun. 30, 2022
Assets Held For Sale [Abstract] |
Assets Held For Sale |
12. ASSETS HELD FOR SALE
On November 30, 2021, the Company entered into agreements to sell 337 gas stations in the Retail segment, loca ted across Western Canada and Ontario, for gross proceeds of $420 million. The sale is currently expected to close in the three months ended September 30, 2022. Operating margin associated with the retail assets held for sale for the six months ended June 30, 2022, was $6 million (six months ended June 30, 2021 – $7 million). In the six months ended June 30, 2022, the Company closed the sale of its Tucker and Wembley assets (see Note 8). Assets held for sale are carried at the lesser of the carrying amount and the fair value less cost to sell.
As at June 30, 2022 | PP&E |  | ROU Assets |  | Goodwill |  | Lease Liabilities |  | Decommissioning Liabilities |
Retail Gas Stations | 470 |  | 55 |  | — |  | (54) |  | (65) |  |
As at December 31, 2021 | PP&E |  | ROU Assets |  | Goodwill |  | Lease Liabilities |  | Decommissioning Liabilities |
Retail Gas Stations | 498 |  | 54 |  | — |  | (58) |  | (86) |  |
Tucker | 505 |  | — |  | 88 |  | — |  | (33) |  |
Wembley | 159 |  | — |  | — |  | — |  | (9) |  |
| 1,162 |  | 54 |  | 88 |  | (58) |  | (128) |  |

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- Definition The disclosure of non-current assets or disposal groups classified as held for sale. [Refer: Non-current assets or disposal groups classified as held for sale] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2021-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_10_e&doctype=Standard -URIDate 2021-03-24 + Details
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