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Equity (Tables)
12 Months Ended
Dec. 31, 2021
Share-Based Payment Arrangements [Abstract]  
Disclosure of share-based compensation
Share-based compensationDecember 31, 2021December 31, 2020
Option Expense$6,093 $4,482 
DSU Expense672 314 
RSU Expense2,904 1,432 
Total share-based compensation for continuing operations
(per statement of loss)
$9,669 $6,228 
Discontinued operations— 
Total share-based compensation (per statement of equity)$9,669 $6,237 
Disclosure of classes of share capital
Shares Transacted14,870,000 
Average Share Price$37.00 
Gross offering proceeds$550,190 
Less: Underwriting expenses(22,186)
Less: Other financing expenses(713)
Net offering proceeds$527,291 
December 31, 2020
Net proceeds from ATM programs$308,826 
Net proceeds from bought deal offering385,782 
Total net proceeds from equity offerings$694,608 
Disclosure of number and weighted average exercise prices of share options
As at December 31, options outstanding from the consolidated share option plan were as follows:
BalanceOptions for common sharesWeighted average exercise price
At January 1, 20204,116,149 $2.92 
Options granted1,834,919 12.36 
Options exercised(1,693,466)2.77 
Options forfeited(107,963)6.86 
Options expired— — 
At December 31, 20204,149,639 7.07 
Options granted540,116 21.12 
Options exercised(549,281)4.33 
Options forfeited(98,907)10.09 
Options expired— — 
At December 31, 20214,041,567 $9.25 
Disclosure of number and weighted average remaining contractual life of outstanding share options
The following table summarizes information about the Corporation’s share options outstanding as at December 31, 2021:
Options outstandingOptions exercisable
NumberWeighted average
remaining
contractual life
Weighted
average
exercise
NumberWeighted
average
Range of exercise priceoutstanding(years)priceexercisableexercise price
$1.23 - $1.50
118,517 1.1$1.42 118,517 $1.42 
$2.00 - $2.36
260,507 1.62.17 260,507 2.17 
$2.86 - $3.16
339,976 3.62.93 285,894 2.90 
$3.21 - $4.71
1,150,704 3.93.46 800,235 3.53 
$10.64 - $13.46
1,275,856 5.311.35 340,989 11.16 
$15.63 - $26.13
896,007 6.019.18 157,651 15.83 
4,041,567 4.6$9.25 1,963,793 $5.44 
Disclosure of range of exercise prices of outstanding share options
The following table summarizes information about the Corporation’s share options outstanding as at December 31, 2021:
Options outstandingOptions exercisable
NumberWeighted average
remaining
contractual life
Weighted
average
exercise
NumberWeighted
average
Range of exercise priceoutstanding(years)priceexercisableexercise price
$1.23 - $1.50
118,517 1.1$1.42 118,517 $1.42 
$2.00 - $2.36
260,507 1.62.17 260,507 2.17 
$2.86 - $3.16
339,976 3.62.93 285,894 2.90 
$3.21 - $4.71
1,150,704 3.93.46 800,235 3.53 
$10.64 - $13.46
1,275,856 5.311.35 340,989 11.16 
$15.63 - $26.13
896,007 6.019.18 157,651 15.83 
4,041,567 4.6$9.25 1,963,793 $5.44 
Disclosure of indirect measurement of fair value of goods or services received, share options granted during period
The fair values of the options granted were determined using the Black-Scholes valuation model under the following weighted average assumptions:
20212020
Expected life4 years4 years
Expected dividendsNilNil
Expected volatility67 %61 %
Risk-free interest rate%%
Disclosure of number and weighted average exercise prices of other equity instruments
BalanceDSUs for common shares
At January 1, 2020811,378 
DSUs granted23,809 
DSUs exercised(15,156)
At December 31, 2020820,031 
DSUs granted35,953 
DSUs exercised(99,761)
At December 31, 2021756,223 
BalanceRSUs for common shares
At January 1, 20201,305,265 
RSUs granted334,758 
RSU performance factor adjustment98,867 
RSUs exercised(593,025)
RSUs forfeited(15,919)
At December 31, 20201,129,946 
RSUs granted195,838 
RSU performance factor adjustment(12,128)
RSUs exercised(325,863)
RSUs forfeited(21,573)
At December 31, 2021966,220