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Consolidated Statements of Cash Flows - CAD
CAD in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Operating Activities    
Net earnings from continuing operations CAD 130,846 CAD 92,374
Adjustments and items not affecting cash:    
Depreciation and amortization 329,273 195,751
Deferred taxes 85,286 28,675
Unrealized loss (gain) on derivative financial instruments 1,764 (18,689)
Share-based compensation expense 10,630 5,916
Cost of equity funds used for construction purposes (3,014) (2,774)
Pension and post-employment contributions in excess of expense (26,893) (13,491)
Non-cash revenue and other income 0 (10,467)
Distributions received from equity investments, net of income 3,141 653
Write-down of long-lived assets 789 6,259
Changes in non-cash operating items (note 24) (74,026) 3,704
Net Cash Provided by (Used in) Operating Activities, Total 457,796 287,911
Financing Activities    
Increase in long-term debt 1,838,035 2,399,009
Decrease in long-term debt (3,131,717) (68,423)
Issuance of convertible debentures, net of costs 743,881 357,694
Cash dividends on common shares (170,199) (118,145)
Dividends on preferred shares (10,400) (10,400)
Contributions from non-controlling interests 333,395 13,468
Production-based cash contributions from non-controlling interest 10,622 9,454
Distributions to non-controlling interests (4,135) (4,307)
Issuance of common shares, net of costs 556,634 1,526
Proceeds from settlement of derivative assets 48,381 0
Proceeds from exercise of share options 12,761 18,461
Shares surrendered to fund withholding taxes on exercised share options (4,401) (5,218)
Increase in other long-term liabilities 33,030 6,486
Decrease in other long-term liabilities (8,751) (4,269)
Net Cash Provided by (Used in) Financing Activities, Total 247,136 2,595,336
Investing Activities    
Decrease (increase) in restricted cash 2,011,204 (2,007,732)
Acquisitions of operating entities (2,047,401) (432,699)
Divestiture of operating entity 111,043 0
Additions to property, plant and equipment (740,023) (405,743)
Increase in other assets (9,122) (20,501)
Receipt of principal on notes receivable 0 319,160
Increase in long-term investments (82,449) (347,901)
Net Cash Provided by (Used in) Investing Activities, Total (756,748) (2,895,416)
Effect of exchange rate differences on cash (4,051) (2,231)
Decrease in cash and cash equivalents (55,867) (14,400)
Cash and cash equivalents, beginning of year 110,417 124,817
Cash and cash equivalents, end of year 54,550 110,417
Supplemental disclosure of cash flow information:    
Cash paid during the year for interest expense 198,045 131,783
Cash paid during the year for income taxes 11,377 13,369
Non-cash financing and investing activities:    
Property, plant and equipment acquisitions in accruals 141,708 146,301
Issuance of common shares under dividend reinvestment plan and share-based compensation plans 51,178 35,409
Acquisition of equity investments in exchange for loan receivable and payable 2,353 26,035
Convertible Debentures [Member]    
Non-cash financing and investing activities:    
Issuance of common shares upon conversion of subscription receipts 1,102,304 0
Subscription receipts    
Non-cash financing and investing activities:    
Issuance of common shares upon conversion of subscription receipts CAD 0 CAD 110,503