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Unaudited Interim Condensed Consolidated Statements of Income (Loss) - CAD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Profit or loss [abstract]        
Revenue $ 101,060 $ 138,441 $ 323,915 $ 443,049
Operating expenses (57,852) (45,935) (161,450) (149,330)
Depreciation (26,168) (32,233) (77,991) (100,272)
Amortization (11,314) (2,807) (33,852) (8,438)
Other operating gains (losses), net 251 2,272 4,070 2,254
Operating income 5,977 59,738 54,692 187,263
Interest expense (54,197) (59,443) (164,492) (185,815)
Gain on repurchase of debt 21,368 6,896 193,690
Interest and other income 5,718 15,668 18,760 57,033
Gain (loss) on changes in fair value of financial instruments (63,120) (109,780)
Gain (loss) on foreign exchange (32,282) 35,675 84,808 (67,215)
Income (loss) before income taxes (137,904) 73,006 (109,116) 184,956
Tax (expense) recovery 16,821 (5,164) 12,105 (40,192)
Net income (loss) (121,083) 67,842 (97,011) 144,764
Net income (loss) attributable to:        
Telesat Corporation shareholders (35,269) 17,901 (29,811) 38,591
Non-controlling interest (85,814) 49,941 (67,200) 106,173
Net income (loss) $ (121,083) $ 67,842 $ (97,011) $ 144,764
Net income (loss) per common share attributable to Telesat Corporation shareholders        
Basic (in Dollars per share) $ (2.38) $ 1.27 $ (2.04) $ 2.78
Diluted (in Dollars per share) $ (2.38) $ 1.23 $ (2.04) $ 2.68
Total Weighted Average Telesat Corporation Shares Outstanding        
Basic (in Shares) 14,797,243 14,046,257 14,592,627 13,888,334
Diluted (in Shares) 14,797,243 16,059,104 14,592,627 15,813,555