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Share-Based Compensation And Other Related Information (Tables) | 12 Months Ended
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Dec. 31, 2021
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, 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 |
Granted | 53,115 |  | 30.70 |
Exercised | (65,780) |  | $ | 11.77 |
Expired | (2,162) |  | 41.62 |
Forfeited | (23,587) |  | $ | 32.27 |
As at December 31, 2021 | 279,003 |  | $ | 21.38 |
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, 2021:
| Options Outstanding | Options Exercisable
Range of Exercise Prices CAD$ | Number Outstanding as at December 31, 2021 | Weighted Average Remaining Contractual Life (years) | Weighted Average Exercise Price CAD$ | Number Outstanding as at December 31, 2021 | Weighted Average Exercise Price CAD$
$9.76 - $17.11 | 48,458 |  | 0.9 |  | $ | 11.59 |  | 48,458 |  | $ | 11.59 |
$17.12 - $24.46 | 143,896 |  | 3.4 |  | $ | 18.90 |  | 143,896 |  | $ | 18.90 |
$24.47 - $31.81 | 74,720 |  | 6.4 |  | $ | 29.50 |  | 21,605 |  | $ | 26.54 |
$31.82 - $41.62 | 11,929 |  | 3.9 |  | $ | 40.26 |  | 8,128 |  | $ | 40.62 |
| 279,003 |  | 3.8 |  | $ | 21.38 |  | 222,087 |  | $ | 18.84 |
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:
| 2021 | 2020
Expected life | 4.0 |  | 4.0 |
Expected volatility | 44.0 | % | 37.9 | %
Expected dividend yield | 2.4 | % | 1.1 | %
Risk-free interest rate | 1.9 | % | 0.8 | %
Weighted average exercise price (CAD$) | $ | 30.70 |  | $ | 39.45 |
Weighted average fair value (CAD$) | $ | 9.39 |  | $ | 15.80 |
Disclosure of dividends | The Company declared the following dividends for the years ended December 31, 2021 and 2020:
Declaration date | Record date | Dividend per common share
February 23, 2022 (1) | March 7, 2022 | $ | 0.12 |
November 9, 2021 | November 22, 2021 | $ | 0.10 |
August 10, 2021 | August 23, 2021 | $ | 0.10 |
May 12, 2021 | May 25, 2021 | $ | 0.07 |
February 17, 2021 | March 1, 2021 | $ | 0.07 |
November 4, 2020 | November 16, 2020 | $ | 0.07 |
August 5, 2020 | August 17, 2020 | $ | 0.05 |
May 6, 2020 | May 19, 2020 | $ | 0.05 |
February 19, 2020 | March 2, 2020 | $ | 0.05 |
(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, 2021, the following PSUs were outstanding:
PSU | Number Outstanding | Fair Value
As at December 31, 2019 | 247,601 |  | $ | 5,896 |
Granted | 62,920 |  | 1,942 |
Paid out | (54,962) |  | (2,626) |
Change in value | — |  | 3,658 |
As at December 31, 2020 | 255,559 |  | $ | 8,870 |
Granted | 79,417 |  | 2,049 |
Paid out | (117,328) |  | (4,539) |
Forfeited | — |  | — |
Change in value | — |  | (901) |
As at December 31, 2021 | 217,648 |  | $ | 5,479 |
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, 2021, the following RSUs were outstanding:
RSU | Number Outstanding | Fair Value
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 |
Granted | 240,366 |  | 5,818 |
Paid out | (197,320) |  | (4,829) |
Forfeited | (13,218) |  | (329) |
Change in value | — |  | (3,699) |
As at December 31, 2021 | 426,400 |  | $ | 10,691 |

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