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Income taxes (Tables) | 12 Months Ended
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Dec. 31, 2018
Major components of tax expense (income) [abstract] |
Summary of Income Tax Expense (Recovery) | Total income tax expense (recovery) consists of:
| December 31, 2018 |  |  | December 31, 2017 |
Current tax expense | $ | 32,341 |  |  | $ | 39,232 |
Deferred tax recovery | (118,839 | ) |  | (19,849 | )
| $ | (86,498 | ) |  | $ | 19,383 |
Summary of Income Tax Expense (Recovery) Attributable to Geographical Jurisdiction | Total income tax expense (recovery) attributable to each geographical jurisdiction for the Company is as follows:
| 2018 |  |  | 2017 |
Turkey | $ | 45,238 |  |  | $ | 30,139 |
Greece | (129,213 | ) |  | (4,598 | )
Brazil | 3,608 |  |  | (1,087 | )
Canada | (3,415 | ) |  | 2,960 |
Romania | (2,716 | ) |  | (8,026 | )
Other jurisdictions | — |  |  | (5 | )
| $ | (86,498 | ) |  | $ | 19,383 |
Summary of Factors Affecting Income Tax Expense (Recovery) | The key factors affecting income tax expense (recovery) for the years are as follows:
| 2018 |  |  | 2017 |
Earnings (loss) from continuing operations before income tax | $ | (466,129 | ) |  | $ | 792 |
Canadian statutory tax rate | 27 | % |  | 26 | %
Tax expense (recovery) on net income at Canadian statutory tax rate | $ | (125,855 | ) |  | $ | 206 |
Items that cause an increase (decrease) in income tax expense: |  |  |
Foreign income subject to different income tax rates than Canada | (17,498 | ) |  | (11,792 | )
Reduction in Greek income tax rate | (24,968 | ) |  | — |
Non-tax effected operating losses | 12,716 |  |  | 9,691 |
Non-deductible expenses and other items | 14,923 |  |  | 10,002 |
Foreign exchange and other translation adjustments | 36,837 |  |  | 6,289 |
Future and current withholding tax on foreign income dividends | 20,000 |  |  | 5,297 |
Other | (2,653 | ) |  | (310 | )
Income tax expense (recovery) | $ | (86,498 | ) |  | $ | 19,383 |
Summary of Change in Net Deferred Tax Position | The change in the Company’s net deferred tax position was as follows:
| 2018 |  |  | 2017 |
Net deferred tax asset (liability) |  |  |
Balance at January 1, | $ | (549,127 | ) |  | $ | (443,501 | )
Deferred income tax liability related to Integra acquisition | — |  |  | (126,903 | )
Deferred income tax recovery in the income statement | 118,839 |  |  | 19,849 |
Deferred tax recovery in other comprehensive loss | 359 |  |  | 1,428 |
Net balance at December 31, | $ | (429,929 | ) |  | $ | (549,127 | )
Summary of Temporary Difference | The composition of the Company’s net deferred income tax asset and liability and deferred tax expense is as follows:
Type of temporary difference | Deferred tax assets | Deferred tax liabilities | Expense (recovery)
| 2018 |  | 2017 |  | 2018 |  | 2017 |  | 2018 |  | 2017 |
Property, plant and equipment | $ | — |  | $ | — |  | $ | 483,561 |  | $ | 592,062 |  | $ | (108,501 | ) | $ | (33,466 | )
Loss carryforwards | 37,245 |  | 31,457 |  | — |  | — |  | (5,788 | ) | (4,641 | )
Liabilities | 27,321 |  | 24,690 |  | — |  | — |  | (2,631 | ) | (80 | )
Future withholding taxes | — |  | — |  | 20,000 |  | — |  | 20,000 |  | — |
Other items | 19,477 |  | 1,997 |  | 10,411 |  | 15,208 |  | (21,919 | ) | 18,338 |
Balance at December 31, | $ | 84,043 |  | $ | 58,144 |  | $ | 513,972 |  | $ | 607,270 |  | $ | (118,839 | ) | $ | (19,849 | )
Summary of Unrecognized Deferred Tax Assets |
Unrecognized deferred tax assets | 2018 |  |  | 2017 |
Tax losses | $ | 160,052 |  |  | $ | 167,030 |
Other deductible temporary differences | 11,967 |  |  | 11,253 |
Total unrecognized deferred tax assets | $ | 172,019 |  |  | $ | 178,283 |
Summary of Unrecognized Tax Losses | The gross amount of the tax losses for which a tax benefit has not been recorded expire in future years as follows:
Expiry date | Canada | Brazil | Greece | Total
2019 | $ | — |  | $ | — |  | $ | 14,964 |  | $ | 14,964 |
2020 | — |  | — |  | 25,221 |  | 25,221 |
2021 | — |  | — |  | 10,451 |  | 10,451 |
2022 | — |  | — |  | 8,007 |  | 8,007 |
2023 | — |  | — |  | 10,337 |  | 10,337 |
2025 | 7,894 |  | — |  | — |  | 7,894 |
2026 | 14,966 |  | — |  | — |  | 14,966 |
2027 | 10,638 |  | — |  | — |  | 10,638 |
2028 | 25,971 |  | — |  | — |  | 25,971 |
2029 | 23,444 |  | — |  | — |  | 23,444 |
2030 | 7,282 |  | — |  | — |  | 7,282 |
2031 | 45,351 |  | — |  | — |  | 45,351 |
2032 | 74,855 |  | — |  | — |  | 74,855 |
2033 | 64,883 |  | — |  | — |  | 64,883 |
2034 | 58,689 |  | — |  | — |  | 58,689 |
2035 | 55,266 |  | — |  | — |  | 55,266 |
2036 | 50,503 |  | — |  | — |  | 50,503 |
2037 | 27,333 |  | — |  | — |  | 27,333 |
2038 | 9,025 |  | — |  | — |  | 9,025 |
No Expiry | — |  | 32,407 |  | — |  | 32,407 |
| $ | 476,100 |  | $ | 32,407 |  | $ | 68,980 |  | $ | 577,487 |
Capital losses with no expiry | 64,837 |  | — |  | — |  | 64,837 |
Tax effect of total losses not recognized | $ | 137,268 |  | $ | 5,538 |  | $ | 17,246 |  | $ | 160,052 |

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