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SHARE-BASED PAYMENTS (Tables)

12 Months Ended

Mar. 31, 2022

Share-based Payment Arrangements [Abstract]

Explanation of effect of share-based payments on entity's profit or loss

Share-based payments expense are as follows:

						2022						2021
Equity-settled plan
Stock option plan			$			7.8			$			9.8
Cash-settled plans
Stock purchase plan						11.6						10.0
Deferred share unit (DSU) plans						1.1						11.4
Restricted share unit (RSU) plans						1.3						28.6
Performance share unit (PSU) plan						9.2						39.3
Total share-based payments expense			$			31.0			$			99.1
Impact of equity swap agreements (Note 31)						9.2						(45.6)
Amount capitalized						(0.5)						(0.5)
Share-based payments expense, net of equity swap (Note 25)			$			39.7			$			53.0

Carrying amount of share-based payments liabilities are as follows:

						2022						2021
Cash-settled plans
Deferred share unit (DSU) plans			$			20.6			$			19.7
Restricted share unit (RSU) plans						42.4						46.3
Performance share unit (PSU) plan						26.8						36.8
Total carrying amount of share-based payments liabilities			$			89.8			$			102.8
Current portion						19.8						23.1
Non-current portion (Note 21)			$			70.0			$			79.7

Disclosure of number and weighted average exercise prices of share options

Changes in outstanding stock options are as follows:

									2022												2021
						Weighted												Weighted
			Number of			average exercise									Number of			average exercise
stock options						price									stock options			price
Stock options outstanding, beginning of year			7,476,902			$			23.39						6,050,854			$			24.25
Granted			712,477						36.79						2,697,713						20.65
Exercised			(1,268,660)						21.37						(687,165)						17.94
Forfeited			(134,275)						28.57						(579,700)						26.28
Expired			(3,000)						14.66						(4,800)						11.02
Stock options outstanding, end of year			6,783,444			$			25.08						7,476,902			$			23.39
Stock options exercisable, end of year			3,395,732			$			23.35						2,934,364			$			21.66

Disclosure of range of exercise prices of outstanding share options

As at March 31, 2022, summarized information about the stock options issued and outstanding is as follows:

						Options Outstanding															Options Exercisable
						Weighted
			Number of			average remaining						Weighted									Number of			Weighted
Range of			stock options			contractual life						average exercise									stock options			average exercise
exercise prices			outstanding			(years)						price									exercisable			price
$15.14 to $16.15			750,163						1.06			$			16.04						750,163			$			16.04
$20.24 to $27.14			4,338,416						3.98						22.68						2,187,516						23.58
$32.43 to $38.01			1,694,865						4.98						35.22						458,053						34.20
Total			6,783,444						3.91			$			25.07						3,395,732			$			23.35

Disclosure of indirect measurement of fair value of goods or services received, other equity instruments granted during period

The assumptions used in the calculation of the fair value of the stock options on the grant date using the Black-Scholes option pricing model are as follows:

						2022						2021
Common share price			$			37.24			$			21.48
Exercise price			$			36.79			$			20.65
Dividend yield						0.64		%				2.01		%
Expected volatility						40.51		%				35.22		%
Risk-free interest rate						0.76		%				0.36		%
Expected stock option life						4 years						4 years

Disclosure of number and weighted average exercise prices of other equity instruments

Changes in outstanding DSUs are as follows:

			2022						2021
DSUs outstanding, beginning of year			550,742						469,835
Granted			86,876						81,980
Redeemed			(3,276)						(1,073)
DSUs vested and outstanding, end of year			634,342						550,742

Changes in outstanding RSUs are as follows:

			2022						2021
RSUs outstanding, beginning of year			1,430,524						1,490,603
Granted			289,745						246,249
Cancelled			(13,690)						(42,264)
Redeemed			(176,875)						(264,064)
RSUs outstanding, end of year			1,529,704						1,430,524
RSUs vested, end of year			1,303,042						1,295,233

Changes in outstanding PSUs are as follows:

															2022						2021
PSUs outstanding, beginning of year															820,089						976,873
Granted															571,460						585,162
Cancelled															(23,135)						(41,266)
Redeemed															(521,243)						(700,680)
PSUs outstanding, end of year															847,171						820,089
PSUs vested, end of year															570,457						649,449

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Share-based Payment Arrangements [Abstract]

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The disclosure of information about indirect, by reference to the fair value of the equity instruments granted, measurement of the fair value of goods or services received as consideration for the entity's share options.

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The disclosure of the number and weighted average exercise prices of other equity instruments (ie other than share options).

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The disclosure of the number and weighted average exercise prices of share options. [Refer: Weighted average [member]]

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The explanation that enables users of financial statements to understand the effect of share-based payment transactions on the entity's profit (loss).

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