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Share Capital Authorized
 12 Months Ended
Dec. 31, 2024
Disclosure of Share capital Authorized [Abstract]  
Share Capital Authorized

Note 20. Share Capital Authorized

The Company is authorized to issue an unlimited number of common shares without par value. Share capital comprises only one class of ordinary shares. The ordinary shares carry a voting right and a right to a dividend.

Issued and Outstanding

 

 

2024

 

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

Number of common shares

 

 

Common share capital

 

 

Number of common shares

 

 

Common share capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Opening balance

 

 

123,956,865

 

 

$

504

 

 

 

123,739,020

 

 

$

503

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercise of stock options

 

 

186,314

 

 

1

 

 

 

217,845

 

 

 

1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Closing balance

 

 

124,143,179

 

 

$

505

 

 

 

123,956,865

 

 

$

504

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total dividends declared in the year were $10 million, or CAD $0.1125 per share (December 31, 2023 – $10 million, or CAD $0.10 per share, January 1, 2023 – $7 million, or CAD $0.10 per share).