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Cash and Cash Equivalents | 12 Months Ended
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Dec. 31, 2017
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Cash and Cash Equivalents | 9. Cash and Cash Equivalents The Company’s policy is to invest cash in excess of operating requirements in highly liquid investments. For the purpose of the consolidated statements of cash flows, cash and cash equivalents consist of the following:
|  | December 31 2017 $ |  |  | December 31 2016 $ |
Cash Unrestricted investments |  |  | 234.7 4.8 |  |  |  | 207.1 3.8 |
Cash and cash equivalents |  |  | 239.5 |  |  |  | 210.9 |
Unrestricted investments consist of short-term bank deposits with initial maturities of three months or less. At December 31, 2017, and pursuant to acquisition agreements, $7.9 (US$6.2) (2016 – $8.8 (US$6.6)) was held in escrow accounts. These escrow funds cover potential indemnification claims and will be settled in accordance with an escrow agreement. A corresponding obligation was recorded on acquisition and is included in notes payable (note 18).

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- Definition The disclosure of cash and cash equivalents. [Refer: Cash and cash equivalents] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_10_e&doctype=Standard -URIDate 2017-03-09 + Details
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