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Share-based payments (Tables)
6 Months Ended
Jun. 30, 2026
Share-based Payment Arrangements [Abstract]  
Schedule of Share-based Payments
The following share-based payment amounts are included in the income statements as operating costs.
Three monthsSix months
For the period ended June 30
2026202520262025
Restricted share units (RSUs) and performance share units (PSUs)(11)(9)(37)(38)
Stock options, employee savings plan and deferred share units(8)(7)(23)(15)
Total share-based payments(19)(16)(60)(53)
Schedule of Change in Outstanding RSUs/PSUs and Stock Options
The following tables summarize the change in outstanding RSUs/PSUs and stock options for the period ended June 30, 2026.
RSUs/PSUs
Number of
RSUs/PSUs
Outstanding, January 1, 20264,968,853 
Granted1,714,702 
Dividends credited 136,451 
Settled(1,271,096)
Forfeited (164,728)
Outstanding, June 30, 2026
5,384,182 
Schedule of Stock Options
Stock options
Number of optionsWeighted average exercise price ($)
Outstanding, January 1, 20265,503,174 62 
Granted3,341,630 36 
Forfeited or expired(82,575)63 
Outstanding, June 30, 2026
8,762,229 52 
Exercisable, June 30, 2026
5,420,599 62 
Schedule of Principal Assumptions Used in Stock Option Pricing Model The following table shows the principal assumptions used in the valuation.
2026
Fair value per option granted$3.96 
Share price$36 
Exercise price$36 
Expected dividend yield5%
Expected volatility17%
Risk-free interest rate3%
Expected life (years)6