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Share-Based Compensation And Other Related Information (Tables)

12 Months Ended

Dec. 31, 2020

Disclosure of terms and conditions of share-based payment arrangement [line items]

Disclosure of number and weighted average exercise prices of share options

The following table summarizes changes in stock options for the years ended December 31:

			Stock Options
			Shares			Weighted Average Exercise Price CAD$
As at December 31, 2018			698,387			$	15.00
Granted			22,788			$	26.54
Granted pursuant to the Tahoe Acquisition (Note 8)			835,874			$	48.47
Exercised			(244,299)			$	15.10
Expired			(141,604)			$	58.45
Forfeited			(27,798)			$	34.00
As at December 31, 2019			1,143,348			$	33.84
Granted			7,605			39.48
Exercised			(329,711)			$	19.23
Expired			(482,438)			53.41
Forfeited			(21,387)			$	43.08
As at December 31, 2020			317,417			$	18.78

Disclosure of range of exercise prices of outstanding share options

The following table summarizes information about the Company's stock options outstanding at December 31, 2020:

			Options Outstanding									Options Exercisable
Range of Exercise Prices CAD$			Number Outstanding as at December 31, 2020			Weighted Average Remaining Contractual Life (months)			Weighted Average Exercise Price CAD$			Number Outstanding as at December 31, 2020			Weighted Average Exercise Price CAD$
$9.76 - $23.61			269,727			41.49			$	15.75		269,727			$	15.75
$23.62 - $35.21			22,788			71.16			$	26.54		11,396			$	26.54
$35.22 - $46.53			22,019			37.60			$	41.68		14,414			$	42.85
$46.54 - $65.71			2,883			10.09			$	65.71		2,883			$	65.71
			317,417			43.07			$	18.78		298,420			$	17.95

Disclosure of assumptions used in determining fair value of options granted

The following assumptions were used in the Black-Scholes option pricing model in determining the fair value of options granted during the years ended December 31:

			2020			2019
Expected life			4.0			4.0
Expected volatility			37.9		%	37.1		%
Expected dividend yield			1.1		%	1.0		%
Risk-free interest rate			0.8		%	2.0		%
Weighted average exercise price (CAD$)			$	39.45		$	26.54
Weighted average fair value (CAD$)			$	15.80		$	8.34

Disclosure of dividends

The Company declared the following dividends for the years ended December 31, 2020 and 2019:

Declaration Date			Record date			Dividend per common share
February 17, 2021 (1)			March 1, 2021			$	0.0700
November 4, 2020			November 16, 2020			$	0.0700
August 5, 2020			August 17, 2020			$	0.0500
May 6, 2020			May 19, 2020			$	0.0500
February 19, 2020			March 2, 2020			$	0.0500
November 6, 2019			November 18, 2019			$	0.0350
August 7, 2019			August 19, 2019			$	0.0350
May 8, 2019			May 21, 2019			$	0.0350
February 20, 2019			March 4, 2019			$	0.0350

(1)These dividends were declared subsequent to the year end and have not been recognized as distributions to owners during the period presented.

Performance Share Units [member]

Disclosure of terms and conditions of share-based payment arrangement [line items]

Disclosure of number and aggregate fair value of other equity instruments

At December 31, 2020, the following PSUs were outstanding:  

PSU			Number Outstanding			Fair Value
As at December 31, 2018			210,409			$	3,091
Granted			75,311			1,784
Paid out			(38,119)			(903)
Change in value			—			1,924
As at December 31, 2019			247,601			$	5,896
Granted			62,920			1,942
Paid out			(54,962)			(2,626)
Forfeited			—			—
Change in value			—			3,658
As at December 31, 2020			255,559			$	8,870

Restricted Share Units [member]

Disclosure of terms and conditions of share-based payment arrangement [line items]

Disclosure of number and aggregate fair value of other equity instruments

At December 31, 2020, the following RSUs were outstanding:

RSU			Number Outstanding			Fair Value
As at December 31, 2018			328,823			$	3,624
Granted			146,594			3,891
Paid out			(157,584)			(3,140)
Forfeited			(18,617)			(441)
Change in value			—			3,173
As at December 31, 2019			299,216			$	7,107
Granted			261,224			6,302
Paid out			(148,049)			(4,762)
Forfeited			(15,819)			(545)
Change in value			—			5,628
As at December 31, 2020			396,572			$	13,730

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