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SHARE-BASED PAYMENTS (Tables)

12 Months Ended

Mar. 31, 2024

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:

						2024						2023
Equity-settled plans
Stock option plan			$			7.0			$			6.1
RSU plan						4.7						—
PSU plan						3.6						—
Cash-settled plans
Stock purchase plan						15.7						12.8
DSU plans						(1.1)						2.6
RSU plan						2.2						6.6
PSU plan						2.4						0.4
Total share-based payments expense			$			34.5			$			28.5
Impact of equity swap agreements (Note 30)						6.6						5.3
Amount capitalized						(1.0)						(0.9)
Share-based payments expense, net of equity swap (Note 25)			$			40.1			$			32.9

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

						2024						2023
Cash-settled plans
DSU plans			$			41.6			$			48.4
RSU plan						9.1						13.4
PSU plan						10.5						12.7
Total carrying amount of share-based payments liabilities			$			61.2			$			74.5
Current portion						9.9						11.3
Non-current portion (Note 21)			$			51.3			$			63.2

Disclosure of number and weighted average exercise prices of share options

Changes in outstanding stock options are as follows:

									2024												2023
						Weighted												Weighted
			Number of			average exercise									Number of			average exercise
stock options						price									stock options			price
Stock options outstanding, beginning of year			6,323,537			$			26.63						6,783,444			$			25.08
Granted			735,274						28.66						624,700						32.92
Exercised			(405,943)						19.34						(882,167)						18.49
Forfeited			(192,946)						31.04						(202,440)						29.28
Stock options outstanding, end of year			6,459,922			$			27.19						6,323,537			$			26.63
Stock options exercisable, end of year			4,533,751			$			26.57						3,877,399			$			25.62

Disclosure of range of exercise prices of outstanding share options

As at March 31, 2024, 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
$20.24 to $23.41			2,673,494						2.22			$			21.07						2,138,244			$			21.20
$26.78 to $29.62			1,739,349						3.24						27.76						1,053,806						27.18
$30.13 to $38.01			2,047,079						3.58						34.70						1,341,701						34.66
Total			6,459,922						2.93			$			27.19						4,533,751			$			26.57

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:

						2024						2023
Common share price			$			27.85			$			30.87
Exercise price			$			28.66			$			32.92
Dividend yield						0.72		%				0.65		%
Expected volatility						41.88		%				42.12		%
Risk-free interest rate						3.73		%				3.30		%
Expected stock option life						4.5 years						4.5 years

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

Changes in outstanding equity-settled RSUs are as follows:

			2024						2023
Equity-settled RSUs outstanding, beginning of year			—						—
Granted			304,142						—
Cancelled			(11,104)						—
Settled in cash			(404)						—
Equity-settled RSUs outstanding, end of year			292,634						—
Equity-settled RSUs vested, end of year			168,681						—

Changes in outstanding equity-settled PSUs are as follows:

															2024						2023
Equity-settled PSUs outstanding, beginning of year															—						—
Granted															812,603						—
Cancelled															(30,604)						—
Settled in cash															(1,213)						—
Equity-settled PSUs outstanding, end of year															780,786						—
Equity-settled PSUs vested, end of year															489,134						—

Changes in outstanding DSUs are as follows:

			2024						2023
DSUs outstanding, beginning of year			1,586,384						1,557,007
Granted			118,667						181,288
Redeemed			(217,637)						(151,911)
DSUs vested and outstanding, end of year			1,487,414						1,586,384

Changes in outstanding cash-settled RSUs are as follows:

			2024						2023
Cash-settled RSUs outstanding, beginning of year			646,231						607,039
Granted			—						247,197
Cancelled			(12,369)						(31,505)
Redeemed			(229,825)						(176,500)
Cash-settled RSUs outstanding, end of year			404,037						646,231
Cash-settled RSUs vested, end of year			332,420						438,656

Changes in outstanding cash-settled PSUs are as follows:

															2024						2023
Cash-settled PSUs outstanding, beginning of year															1,148,302						847,171
Granted															—						817,218
Cancelled															(83,204)						(48,601)
Redeemed															(152,817)						(467,486)
Cash-settled PSUs outstanding, end of year															912,281						1,148,302
Cash-settled PSUs vested, end of year															711,745						687,120

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- Definition

Share-based Payment Arrangements [Abstract]

+ References

No definition available.

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- Definition

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.

+ References

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- Definition

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 disclosure of the range of exercise prices for outstanding share options.

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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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