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Share-based payment arrangements (Tables)
 12 Months Ended
Dec. 31, 2024
Disclosure of terms and conditions of share-based payment arrangement [abstract]  
Share-based payments expense
Share-based payments expense consists of:
December 31, 2024December 31, 2023
Share options$3,811 $2,717 
Restricted share units with no performance criteria3,528 1,789 
Restricted share units with performance criteria(630)480 
Deferred units1,770 2,446 
Performance share units3,393 2,763 
$11,872 $10,195 
Summary of movements in number of share options outstanding and weighted average exercise prices
Movements in the number of share options outstanding and their related weighted average exercise prices are as follows:
20242023
Weighted
average price CDN$		Number of
options		Weighted
average price CDN$		Number of
options
At January 1,$12.423,352,743 $11.313,739,567 
Granted14.791,288,263 14.741,054,431 
Exercised10.80(1,779,799)10.11(987,649)
Expired10.08(15,109)12.76(127,132)
Forfeited14.50(217,289)14.06(326,474)
At December 31,$14.522,628,809 $12.423,352,743 
Summary of range of exercise prices of outstanding share options Options outstanding are as follows:
December 31, 2024December 31, 2024
Total options outstandingExercisable options
Range of 
exercise 
price 
CDN$		SharesWeighted
average
remaining
contractual
life (years)		Weighted
average
exercise
price
CDN$		SharesWeighted 
average 
exercise 
price 
CDN$
$11.00 to $11.99
46,335 3.6311.90 — — 
$12.00 to $12.99
117,451 1.9112.91 63,943 12.90 
$13.00 to $13.99
601,245 2.0713.79 321,404 13.71 
$14.00 to $14.99
1,213,992 4.1614.52 — — 
$15.00 to $15.99
608,871 3.3415.17 144,078 15.17 
$22.00 to $22.99
24,697 4.8522.89 — — 
$23.00 to $23.99
16,218 4.6723.27 — — 
2,628,809 3.39 $14.52529,425 $14.01
Summary of assumptions used to estimate the fair value of options granted
The assumptions used to estimate the fair value of options granted during the years ended December 31, 2024 and December 31, 2023 are in the table below. Volatility was determined based on the historical volatility over the estimated lives of the options.
2024 2023 
Risk-free interest rate (range)
3.0% – 4.3%
3.2% – 4.8%
Expected volatility (range)
37% – 53%
44% – 57%
Expected life (range) (years)
1.25 – 3.94
1.94 – 3.96
Expected dividends (CDN $)— — 
Disclosure of RSUs with no performance criteria
A summary of the status of the RSUs with no performance criteria and changes during the years ended December 31, 2024 and December 31, 2023 is as follows:
2024 2023 
At January 1,480,825 328,677 
Granted447,136 383,427 
Redeemed(175,670)(145,598)
Forfeited(72,042)(85,681)
At December 31,680,249 480,825 
Movements in the PSUs during the years ended December 31, 2024 and December 31, 2023 are as follows:
20242023
At January 1,689,175 342,670 
Granted411,870 421,502 
Redeemed(27,874)— 
Forfeited(98,869)(74,997)
At December 31,974,302 689,175 
Disclosure of RSUs with performance criteria
A summary of the status of the RSUs with performance criteria and changes during the years ended December 31, 2024 and December 31, 2023 is as follows:
2024 2023 
At January 1,251,943 566,740 
Granted186,117 222,144 
Redeemed(386,310)(444,288)
Forfeited(51,750)(92,653)
At December 31,— 251,943