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Share-Based Compensation Plans (Tables) | 12 Months Ended
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Dec. 31, 2021
Disclosure of share-based payment arrangements [text block] [Abstract] |
Schedule of share-based compensation expense included in the consolidated statements of income |
For the years ended December 31, |  | 2021 |  | 2020 |  | 2019
Operating expenses |  | $ | 73,723 |  | $ | 12,500 |  | $ | 16,035
Schedule of number of stock options outstanding and their weighted average exercise price |
|  | Telesat Canada time vesting options |  | Telesat Canada performance vesting options |  | Telesat Corporation time vesting options
|  | Number of options |  | Weighted average exercise price |  | Number of options |  | Weighted average exercise price |  | Number of options |  | Weighted average exercise price
Outstanding at December 31, 2019 and January 1, 2020 |  | 7,544,617 |  |  | $ | 25.63 |  | 409,953 |  |  | $ | 11.07 |  | — |  | $ | —
Granted |  | 650,000 |  |  |  |  |  | — |  |  |  |  |  | — |  |  |
Forfeited |  | (246,049 | ) |  |  |  |  | (3,691 | ) |  |  |  |  | — |  |  |
Exercised (Note 25) |  | — |  |  |  |  |  | — |  |  |  |  |  | — |  |  |
Expired |  | — |  |  |  |  |  | — |  |  |  |  |  | — |  |  |
Outstanding at December 31, 2020 |  | 7,948,568 |  |  | $ | 25.83 |  | 406,262 |  |  | $ | 11.07 |  | — |  | $ | —
Cancelled |  | (6,197,775 | ) |  |  |  |  | — |  |  |  |  |  | — |  |  |
Granted |  | 77,500 |  |  |  |  |  | — |  |  |  |  |  | — |  |  |
Forfeited |  | (46,761 | ) |  |  |  |  | (9,229 | ) |  |  |  |  | — |  |  |
Exercised (Note 25) |  | (600 | ) |  |  |  |  | — |  |  |  |  |  | — |  |  |
Exchanged upon close of Transaction |  | (1,780,932 | ) |  |  |  |  | (397,033 | ) |  |  |  |  | 900,789 |  |  |
Expired |  | — |  |  |  |  |  | — |  |  |  |  |  | — |  |  |
Outstanding at December 31, 2021 |  | — |  |  | $ | — |  | — |  |  | $ | — |  | 900,789 |  | $ | 48.77
Schedule of stock options that are exercisable and the weighted average remaining life |
|  | As at December 31, 2021 |  | As at December 31, 2020
Telesat Canada time vesting options |  | — |  | 5,779,565
Telesat Canada performance vesting options |  | — |  | 406,266
Telesat Corporation time vesting options |  | 875,880 |  | —
Weighted average remaining life |  | 2 years |  | 6 years
Schedule of share-based compensation expense for stock options using the Black-Scholes option pricing model |
|  | 2021 |  | 2020 |  | 2019
Dividend yield |  | — | % |  | — | % |  | — | %
Expected volatility |  | 35.0 | % |  | 32.7 | % |  | 32.4 | %
Risk-free interest rate |  | 1.85 | % |  | 2.79 | % |  | 2.93 | %
Expected life (years) |  | 10 |  |  | 10 |  |  | 10 |
Schedule of number of restricted share units outstanding |
As at December 31, |  | Telesat Canada RSUs with time criteria |  | Telesat Canada RSUs with time and performance criteria |  | Telesat Corporation RSUs with time criteria |  | Telesat Corporation RSUs with time and performance criteria
Outstanding, December 31, 2019 and January 1, 2020 |  | 133,333 |  |  | — |  |  | — |  | —
Settled |  | (66,666 | ) |  | — |  |  | — |  | —
Outstanding, December 31, 2020 and January 1, 2021 |  | 66,667 |  |  | — |  |  | — |  | —
Granted |  | 3,230,000 |  |  | 300,000 |  |  | — |  | —
Exchange upon close of Transaction |  | (3,296,667 | ) |  | (300,000 | ) |  | 1,363,501 |  | 124,080
Outstanding, December 31, 2021 |  | — |  |  | — |  |  | 1,363,501 |  | 124,080

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