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Share Capital and Employee Compensation Plans (Tables) | 12 Months Ended
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Dec. 31, 2024
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 Outstanding
| Shares | Weighted Average Exercise Price CAD$
As at December 31, 2022 | 377.0 |  | $ | 23.01 |
Granted | 167.1 |  | 21.18 |
Expired | (14.4) |  | 23.61 |
Forfeited | (16.5) |  | 25.39 |
As at December 31, 2023 | 513.2 |  | $ | 22.32 |
Exercised | (100.9) |  | 20.07 |
Forfeited | (15.9) |  | 22.25 |
As at December 31, 2024 | 396.4 |  | $ | 22.90 |
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, 2024:
| Options Outstanding | Options Exercisable
Range of Exercise Prices CAD$ | Number Outstanding as at December 31, 2024 | Weighted Average Remaining Contractual Life (years) | Weighted Average Exercise Price CAD$ | Number Outstanding as at December 31, 2024 | Weighted Average Exercise Price CAD$
$17.53 - $23.03 | 332.2 |  | 4.9 | $ | 21.46 |  | 169.6 |  | $ | 21.11 |
$23.04 - $28.54 | 20.4 |  | 1.9 | $ | 26.54 |  | 20.4 |  | $ | 26.54 |
$28.55 - $34.04 | 36.9 |  | 3.9 | $ | 30.70 |  | 36.9 |  | $ | 30.70 |
$34.05 - $39.48 | 6.9 |  | 2.9 | $ | 39.48 |  | 6.9 |  | $ | 39.48 |
| 396.4 |  | 4.6 | $ | 22.90 |  | 233.8 |  | $ | 23.64 |
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:
|  | 2023
Expected life (years) |  | 4.5 |
Expected volatility |  | 30.1 | %
Expected dividend yield |  | 2.7 | %
Risk-free interest rate |  | 3.8 | %
Weighted average exercise price (CAD$) |  | $ | 21.18 |
Weighted average fair value (CAD$) |  | $ | 6.01 |
Disclosure of dividends | The Company declared the following dividends for the years ended December 31, 2024 and 2023:
Declaration date | Record date | Dividend per common share
February 19, 2025 (1) | March 4, 2025 | $ | 0.10 |
November 5, 2024 | November 18, 2024 | $ | 0.10 |
August 7, 2024 | August 19, 2024 | $ | 0.10 |
May 8, 2024 | May 21, 2024 | $ | 0.10 |
February 21, 2024 | March 4, 2024 | $ | 0.10 |
November 7, 2023 | November 20, 2023 | $ | 0.10 |
August 9, 2023 | August 21, 2023 | $ | 0.10 |
March 24, 2023 | April 14, 2023 | $ | 0.10 |
February 22, 2023 | March 6, 2023 | $ | 0.10 |
(1)These dividends were declared subsequent to the year end and have not been recognized as distributions to owners during the period presented.
PSUs |
Disclosure of terms and conditions of share-based payment arrangement [line items] |
Disclosure of number and aggregate fair value of other equity instruments | The following table summarizes changes in PSUs for the years ended December 31, 2024 and 2023:
PSU | Number Outstanding (in thousands) | Fair Value
As at December 31, 2022 | 288.0 |  | $ | 4.8 |
Granted | 534.9 |  | 8.7 |
Paid out | (66.0) |  | — |
Change in value | — |  | (1.0) |
As at December 31, 2023 | 756.9 |  | $ | 12.5 |
Granted | 220.0 |  | 4.9 |
Paid out | (79.4) |  | (1.6) |
Forfeited | (17.4) |  | (0.4) |
Change in value | — |  | 2.7 |
As at December 31, 2024 | 880.1 |  | $ | 18.1 |
RSUs |
Disclosure of terms and conditions of share-based payment arrangement [line items] |
Disclosure of number and aggregate fair value of other equity instruments | The following table summarizes changes in RSUs for the years ended December 31, 2024 and 2023:
RSU | Number Outstanding (in thousands) | Fair Value
As at December 31, 2022 | 551.8 |  | $ | 9.1 |
Granted | 516.2 |  | 8.4 |
Paid out | (237.3) |  | (3.9) |
Forfeited | (25.7) |  | (0.4) |
Change in value | — |  | (0.1) |
As at December 31, 2023 | 805.0 |  | $ | 13.1 |
Granted | 636.7 |  | 14.9 |
Paid out | (299.5) |  | (6.1) |
Forfeited | (124.5) |  | (2.5) |
Change in value | — |  | 1.5 |
As at December 31, 2024 | 1,017.7 |  | $ | 20.9 |
DSUs |
Disclosure of terms and conditions of share-based payment arrangement [line items] |
Disclosure of number and aggregate fair value of other equity instruments | The following table summarizes changes in DSUs for the years ended December 31, 2024 and 2023:
DSU | Number Outstanding (in thousands) | Fair Value
As at December 31, 2022 | — |  | $ | — |
Granted | 109.0 |  | 1.7 |
Change in value | — |  | 0.1 |
As at December 31, 2023 | 109.0 |  | $ | 1.8 |
Granted | 47.5 |  | 1.0 |
Paid out | (25.7) |  | (0.6) |
Change in value | — |  | 0.6 |
As at December 31, 2024 | 130.8 |  | $ | 2.8 |

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