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Financial instruments (Tables)

12 Months Ended

Sep. 30, 2023

Financial Instruments [Abstract]

Disclosure of financial liabilities included in the long-term debt

The following table presents the financial liabilities included in the long-term debt (Note 14) measured at amortized cost categorized using the fair value hierarchy.

						As at September 30, 2023						As at September 30, 2022
			Level			Carrying amount			Fair value			Carrying amount			Fair value
						$			$			$			$
2014 U.S. Senior Notes			Level 2			473,808			464,806			550,177			539,752
2021 U.S. Senior Notes			Level 2			1,342,714			1,132,649			1,361,974			1,127,739
2021 CAD Senior Notes			Level 2			596,550			503,984			595,900			503,227
Other long-term debt			Level 2			10,363			9,839			71,278			68,991
						2,423,435			2,111,278			2,579,329			2,239,709

Disclosure of fair value measurement of financial assets

The following table presents financial assets and liabilities measured at fair value categorized using the fair value hierarchy:

			Level			As at September 30, 2023						As at September 30, 2022
						$						$
Financial assets
FVTE
Cash and cash equivalents			Level 2						1,568,291						966,458
Cash included in funds held for clients (Note 5)			Level 2						269,792						504,726
Deferred compensation plan assets (Note 11)			Level 1						88,076						71,863
									1,926,159						1,543,047
Derivative financial instruments designated as      hedging instruments
Current derivative financial instruments included in current financial assets			Level 2
Cross-currency swaps									83,626						8,740
Foreign currency forward contracts									12,505						18,934
Long-term derivative financial instruments (Note 11)			Level 2
Cross-currency swaps									16,130						222,246
Foreign currency forward contracts									5,875						15,631
									118,136						265,551
FVOCI
Short-term investments included in current financial assets			Level 2						7,332						6,184
Long-term bonds included in funds held for clients (Note 5)			Level 2						138,935						94,113
Long-term investments (Note 11)			Level 2						17,113						16,826
									163,380						117,123
Financial liabilities
Derivative financial instruments designated as       hedging instruments
Current derivative financial instruments			Level 2
Cross-currency swaps									2,183						599
Foreign currency forward contracts									2,330						5,710
Long-term derivative financial instruments			Level 2
Cross-currency swaps									—						1,086
Foreign currency forward contracts									1,700						4,795
									6,213						12,190

Disclosure of fair value measurement of financial liabilities

The following table presents financial assets and liabilities measured at fair value categorized using the fair value hierarchy:

			Level			As at September 30, 2023						As at September 30, 2022
						$						$
Financial assets
FVTE
Cash and cash equivalents			Level 2						1,568,291						966,458
Cash included in funds held for clients (Note 5)			Level 2						269,792						504,726
Deferred compensation plan assets (Note 11)			Level 1						88,076						71,863
									1,926,159						1,543,047
Derivative financial instruments designated as      hedging instruments
Current derivative financial instruments included in current financial assets			Level 2
Cross-currency swaps									83,626						8,740
Foreign currency forward contracts									12,505						18,934
Long-term derivative financial instruments (Note 11)			Level 2
Cross-currency swaps									16,130						222,246
Foreign currency forward contracts									5,875						15,631
									118,136						265,551
FVOCI
Short-term investments included in current financial assets			Level 2						7,332						6,184
Long-term bonds included in funds held for clients (Note 5)			Level 2						138,935						94,113
Long-term investments (Note 11)			Level 2						17,113						16,826
									163,380						117,123
Financial liabilities
Derivative financial instruments designated as       hedging instruments
Current derivative financial instruments			Level 2
Cross-currency swaps									2,183						599
Foreign currency forward contracts									2,330						5,710
Long-term derivative financial instruments			Level 2
Cross-currency swaps									—						1,086
Foreign currency forward contracts									1,700						4,795
									6,213						12,190

Disclosure of detailed information about cross-currency swap agreements

The following tables summarize the cross-currency swap agreements that the Company had entered into in order to manage its currency:

															As at September 30, 2023			As at September 30, 2022
Receive Notional			Receive Rate			Pay Notional			Pay rate			Maturity			Fair value			Fair value
															$			$
Hedges of net investments in European operations
$690,100			From 1.62% to 3.81%			€476,737			From (0.14)% to 2.51%			From September 2024 to 2028			22,966			78,647
$136,274			From 3.57% to 3.63%			£75,842			From 2.67% to 2.80%			September 2024			11,972			24,247
$58,419			From 3.57% to 3.68%			kr371,900			From 2.12% to 2.18%			September 2024			12,087			12,625
Hedges of net investments in European operations and cash flow hedges on unsecured committed term loan credit facility
U.S.$500,000			SOFR 1 month + 1.10%			€443,381			From 1.14% to 1.22%			December 2023			44,386			104,330
Cash flow hedges of 2014 U.S. Senior Notes
U.S.$215,000			From 3.74% to 4.06%			$284,793			From 3.49% to 3.81%			September 2024			6,163			9,452
Total															97,574			229,301

Disclosure of notional, average contract rates, maturities and sensitivity analysis for currency risk

As at September 30, 2023, the Company held foreign currency forward contracts to hedge exposures to changes in foreign currency, which have the following notional, average contract rates and maturities:

						Average contract rates						As at September 30, 2023			As at September 30, 2022
Foreign currency forward contracts			Notional			Less than one year			More than one year			Fair value			Fair value
												$			$
USD/INR			U.S.$278,814			83.27			87.32			(973)			(7,803)
CAD/INR			$292,047			63.77			65.32			4,497			7,865
EUR/INR			€78,476			95.01			96.54			5,076			11,690
GBP/INR			£67,507			107.07			106.76			3,501			12,753
SEK/INR			kr15,000			7.48			—			(33)			1,047
GBP/EUR			£77,610			1.16			—			649			—
EUR/MAD			€24,466			10.94			—			135			(201)
EUR/CZK			€15,062			24.80			24.55			(92)			611
Others			$78,027									1,590			(1,902)
Total												14,350			24,060

32.    Financial instruments (continued)

MARKET RISK (CONTINUED)

Currency risk (continued)

The following table details the Company's sensitivity to a 10% strengthening of the euro, the U.S. dollar, the British pound and the Swedish krona, foreign currency rates on net earnings and on other comprehensive income (loss). The sensitivity analysis on net earnings presents the impact of foreign currency denominated financial instruments and adjusts their translation at period end for a 10% strengthening in foreign currency rates. The sensitivity analysis on other comprehensive income (loss) presents the impact of a 10% strengthening in foreign currency rates on the fair value of foreign currency forward contracts designated as cash flow hedges and on net investment hedges.

												2023												2022
			euro impact			U.S. dollar  impact			British pound impact			Swedish krona impact			euro impact			U.S. dollar  impact			British pound impact			Swedish krona impact
			$			$			$			$			$			$			$			$
Increase in net    earnings			1,384			3,598			692			466			2,835			3,604			622			883
Decrease in other    comprehensive income (loss)			(155,000)			(190,539)			(29,436)			(7,005)			(183,986)			(179,780)			(31,700)			(8,577)

Disclosure of maturity analysis for non-derivative financial liabilities

The following tables summarize the carrying amount and the contractual maturities of both the interest and principal portion of financial liabilities. All amounts contractually denominated in foreign currency are presented in Canadian dollar equivalent amounts using the period-end spot rate or floating rate.

As at September 30, 2023			Carrying amount			Contractual cash flows			Less than one year			Between one and three years			Between three and five years			Beyond five years
			$			$			$			$			$			$
Non-derivative financial liabilities
Accounts payable and accrued liabilities			924,659			924,659			924,659			—			—			—
Accrued compensation and employee-related    liabilities			1,100,566			1,100,566			1,100,566			—			—			—
2014 U.S. Senior Notes			473,808			492,722			492,722			—			—			—
2021 U.S. Senior Notes			1,342,714			1,488,774			24,233			860,746			24,910			578,885
2021 CAD Senior Notes			596,550			663,000			12,600			25,200			625,200			—
Unsecured committed term loan credit    facility			676,886			687,419			687,419			—			—			—
Lease liabilities			641,963			722,284			221,877			238,009			139,275			123,123
Other long-term debt			10,363			10,448			8,353			1,328			449			318
Clients’ funds obligations			493,638			493,638			493,638			—			—			—
Derivative financial liabilities
Cash flow hedges of future revenue			4,030
Outflow						328,455			155,450			163,091			9,914			—
(Inflow)						(331,954)			(154,116)			(166,967)			(10,871)			—
Cross-currency swaps			2,183
Outflow						93,311			93,311			—			—			—
(Inflow)						(91,353)			(91,353)			—			—			—
			6,267,360			6,581,969			3,969,359			1,121,407			788,877			702,326

As at September 30, 2022			Carrying amount			Contractual cash flows			Less than one year			Between one and three years			Between three and five years			Beyond five years
			$			$			$			$			$			$
Non-derivative financial liabilities
Accounts payable and accrued liabilities			1,016,407			1,016,407			1,016,407			—			—			—
Accrued compensation and employee-related    liabilities			1,130,726			1,130,726			1,130,726			—			—			—
2014 U.S. Senior Notes			550,177			591,467			90,680			500,787			—			—
2021 U.S. Senior Notes			1,361,974			1,537,370			24,623			49,246			862,639			600,862
2021 CAD Senior Notes			595,900			675,600			12,600			25,200			25,200			612,600
Unsecured committed term loan credit    facility			687,705			721,807			27,053			694,754			—			—
Lease liabilities			709,201			808,445			182,815			295,017			166,848			163,765
Other long-term debt			71,278			80,324			25,843			11,919			42,557			5
Clients’ funds obligations			604,431			604,431			604,431			—			—			—
Derivative financial liabilities
Cash flow hedges of future revenue			10,505
Outflow						304,698			110,827			193,871			—			—
(Inflow)						(311,446)			(109,319)			(202,127)			—			—
Cross-currency swaps			1,685
Outflow						168,213			74,902			93,311			—			—
(Inflow)						(167,586)			(74,762)			(92,824)			—			—
			6,739,989			7,160,456			3,116,826			1,569,154			1,097,244			1,377,232

Disclosure of maturity analysis for derivative financial liabilities

The following tables summarize the carrying amount and the contractual maturities of both the interest and principal portion of financial liabilities. All amounts contractually denominated in foreign currency are presented in Canadian dollar equivalent amounts using the period-end spot rate or floating rate.

As at September 30, 2023			Carrying amount			Contractual cash flows			Less than one year			Between one and three years			Between three and five years			Beyond five years
			$			$			$			$			$			$
Non-derivative financial liabilities
Accounts payable and accrued liabilities			924,659			924,659			924,659			—			—			—
Accrued compensation and employee-related    liabilities			1,100,566			1,100,566			1,100,566			—			—			—
2014 U.S. Senior Notes			473,808			492,722			492,722			—			—			—
2021 U.S. Senior Notes			1,342,714			1,488,774			24,233			860,746			24,910			578,885
2021 CAD Senior Notes			596,550			663,000			12,600			25,200			625,200			—
Unsecured committed term loan credit    facility			676,886			687,419			687,419			—			—			—
Lease liabilities			641,963			722,284			221,877			238,009			139,275			123,123
Other long-term debt			10,363			10,448			8,353			1,328			449			318
Clients’ funds obligations			493,638			493,638			493,638			—			—			—
Derivative financial liabilities
Cash flow hedges of future revenue			4,030
Outflow						328,455			155,450			163,091			9,914			—
(Inflow)						(331,954)			(154,116)			(166,967)			(10,871)			—
Cross-currency swaps			2,183
Outflow						93,311			93,311			—			—			—
(Inflow)						(91,353)			(91,353)			—			—			—
			6,267,360			6,581,969			3,969,359			1,121,407			788,877			702,326

As at September 30, 2022			Carrying amount			Contractual cash flows			Less than one year			Between one and three years			Between three and five years			Beyond five years
			$			$			$			$			$			$
Non-derivative financial liabilities
Accounts payable and accrued liabilities			1,016,407			1,016,407			1,016,407			—			—			—
Accrued compensation and employee-related    liabilities			1,130,726			1,130,726			1,130,726			—			—			—
2014 U.S. Senior Notes			550,177			591,467			90,680			500,787			—			—
2021 U.S. Senior Notes			1,361,974			1,537,370			24,623			49,246			862,639			600,862
2021 CAD Senior Notes			595,900			675,600			12,600			25,200			25,200			612,600
Unsecured committed term loan credit    facility			687,705			721,807			27,053			694,754			—			—
Lease liabilities			709,201			808,445			182,815			295,017			166,848			163,765
Other long-term debt			71,278			80,324			25,843			11,919			42,557			5
Clients’ funds obligations			604,431			604,431			604,431			—			—			—
Derivative financial liabilities
Cash flow hedges of future revenue			10,505
Outflow						304,698			110,827			193,871			—			—
(Inflow)						(311,446)			(109,319)			(202,127)			—			—
Cross-currency swaps			1,685
Outflow						168,213			74,902			93,311			—			—
(Inflow)						(167,586)			(74,762)			(92,824)			—			—
			6,739,989			7,160,456			3,116,826			1,569,154			1,097,244			1,377,232

Disclosure of analysis of age of trade accounts receivable

The following table sets forth details of the age of trade accounts receivable that are past due:

									2023			2022
									$			$
Not past due									1,034,795			950,928
Past due 1-30 days									82,536			81,000
Past due 31-60 days									17,630			25,694
Past due 61-90 days									9,925			12,142
Past due more than 90 days									10,913			39,883
									1,155,799			1,109,647
Allowance for doubtful accounts									(2,919)			(3,460)
									1,152,880			1,106,187

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