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v3.25.3

Financial Instruments (Details) - CAD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | 12 Months Ended
--- | --- | --- | ---
Sep. 30, 2025 | Sep. 30, 2024 | Sep. 30, 2025 | Sep. 30, 2024 | Dec. 31, 2024
Financial Instruments [Line Items] |  |  |  |  |
Maximum exposure to credit risk | $ 553,900 |  | $ 553,900 |  | $ 721,300
Allowance for doubtful accounts | 13,700 |  | 13,700 |  | 8,900
Borrowings before deferred financing costs | 2,986,700 |  | 2,986,700 |  | 3,098,100
Derivative liabilities | $ 726,940 |  | $ 726,940 |  | 617,135
Interest rates | 5.00% |  | 5.00% |  |
Net income loss |  |  | $ 89,600 |  | 185,000
Other comprehensive income loss |  |  | 47,200 |  | 13,400
Cash and cash equivalents | $ 15,500 |  | $ 15,500 |  |
Short-term investments |  |  |  |  | $ 13,300
Discount rate cash flow | 7.20% |  | 7.20% |  | 7.20%
Bottom of range [Member] |  |  |  |  |
Financial Instruments [Line Items] |  |  |  |  |
Discount cash flows | 3.86% |  | 3.86% |  | 4.37%
Top of range [Member] |  |  |  |  |
Financial Instruments [Line Items] |  |  |  |  |
Discount cash flows | 4.29% |  | 4.29% |  | 4.63%
Telesat Lightspeed Warrants [Member] |  |  |  |  |
Financial Instruments [Line Items] |  |  |  |  |
Borrowings before deferred financing costs | $ 421,500 |  | $ 421,500 |  |
Derivative liabilities | 726,900 |  | 726,900 |  | 617,100
Deferred charges | $ 502,300 |  | $ 502,300 |  | $ 617,500
North American [Member] |  |  |  |  |
Financial Instruments [Line Items] |  |  |  |  |
Risk percentage |  |  | 64% |  | 48%
International Customers [Member] |  |  |  |  |
Financial Instruments [Line Items] |  |  |  |  |
Risk percentage |  |  | 36% |  | 52%
Interest Rates Floor [Member] |  |  |  |  |
Financial Instruments [Line Items] |  |  |  |  |
Interest rates | 0.25% |  | 0.25% |  |
Net income loss | $ 1,400 |  |  |  |
Interest rates |  | $ 1,200 | $ 4,000 | $ 3,500 |

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