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Consolidated Statement of Cash Flows - CAD ($)
$ in Millions
 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities    
Net income (loss) $ 415.0 $ (296.3)
Adjustments for:    
Depreciation and amortization 414.7 374.8
Impairment of goodwill 0.0 568.0
Impairment of non-financial assets – net 7.1 57.3
Share of after-tax profit of equity accounted investees (88.3) (72.2)
Deferred income taxes 44.9 (166.5)
Investment tax credits (10.1) (14.8)
Equity-settled share-based payments expense 25.2 14.8
Defined benefit pension plans 34.6 8.3
Other non-current liabilities (5.3) (9.7)
Derivative financial assets and liabilities – net (39.8) (12.7)
After-tax gain on disposal of discontinued operations 0.0 (16.5)
Gain on remeasurement of previously held equity interest (72.6) 0.0
Other (26.0) 4.3
Changes in non-cash working capital 197.1 128.1
Net cash provided by operating activities 896.5 566.9
Investing activities    
Business combinations, net of cash acquired (308.0) 0.0
Proceeds from disposal of discontinued operations 0.0 275.3
Property, plant and equipment expenditures (356.2) (329.8)
Proceeds from disposal of property, plant and equipment 19.4 4.0
Intangible assets expenditures (87.9) (147.9)
Net payments to equity accounted investees (19.0) (43.9)
Dividends received from equity accounted investees 28.7 37.1
Other (9.3) (10.2)
Net cash used in investing activities (732.3) (215.4)
Financing activities    
Net repayment of borrowing under revolving credit facilities (45.0) (396.7)
Proceeds from long-term debt 331.5 433.5
Repayment of long-term debt (321.3) (370.4)
Repayment of lease liabilities (59.9) (69.5)
Net proceeds from the issuance of common shares 67.1 7.8
Repurchase and cancellation of common shares (21.3) 0.0
Other (0.9) 0.0
Net cash used in financing activities (49.8) (395.3)
Effect of foreign currency exchange differences on cash and cash equivalents 19.2 (13.7)
Net increase (decrease) in cash and cash equivalents 133.6 (57.5)
Cash and cash equivalents, beginning of year 160.1 217.6
Cash and cash equivalents, end of year $ 293.7 $ 160.1