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Income taxes (Tables)

6 Months Ended

Jun. 30, 2024

Income Tax Disclosure [Abstract]

Schedule of Provision for Income Taxes

The differences are as follows:

			Three months ended												Six months ended
			June 30												June 30
			2024						2023						2024						2023
Expected income tax (recovery) expense at Canadian statutory rate			$	40,622					$	(84,596)					$	5,746					$	(11,903)
Increase (decrease) resulting from:
Effect of differences in tax rates on transactions in and within foreign jurisdictions and change in tax rates			(2,702)						(5,560)						(3,863)						(16,718)
Adjustments from investments carried at fair value			(24,817)						40,357						(4,734)						11,092
Change in valuation allowance			(10,058)						676						(13,846)						(791)
Non-controlling interests share of income			10,468						2,201						16,470						12,393
Tax credits			(17,160)						(8,095)						(20,463)						(20,505)
Amortization and settlement of excess deferred income tax			(1,794)						(2,456)						(3,305)						(6,207)
Foreign exchange difference and other			213						1,515						7,464						1,382
Income tax recovery			$	(5,228)					$	(55,958)					$	(16,531)					$	(31,257)

Schedule of Valuation Allowance

The following table illustrates the movement in the deferred tax valuation allowance: 

			Three months ended												Six months ended
			June 30												June 30
			2024						2023						2024						2023
Beginning balance			$	95,554					$	97,396					$	97,344					$	107,583
Charged to income tax expense (recovery)			(10,058)						676						(13,846)						(791)
Charged (reduction) to OCI			(5,507)						(6,418)						(3,509)						(15,138)
Ending balance			$	79,989					$	91,654					$	79,989					$	91,654

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A

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-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

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- Definition

Tabular disclosure of valuation allowances to reduce deferred tax assets to net realizable value, including identification of the deferred tax asset more likely than not will not be fully realized and the corresponding amount of the valuation allowance.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

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