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Lease liability
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Lease liability Lease liability:
The Corporation leases certain assets under lease agreements. The lease liability consists primarily of leases of land and buildings, office equipment and vehicles. The leases have interest rates ranging from 2.45% to 6.85% per annum and expire between May 2022 and June 2032.
December 31, 2021December 31, 2020
Property$3,117 $2,613 
Equipment38 29 
Vehicle83 49 
Lease Liability, Current$3,238 $2,691 
Property$13,647 $15,017 
Equipment105 98 
Vehicle130 67 
Lease Liability, Non-current$13,882 $15,182 
Lease Liability$17,120 $17,873 

The Corporation is committed to minimum lease payments as follows:
Maturity AnalysisDecember 31, 2021
Less than one year$4,296 
Between one and five years13,194 
More than five years2,866 
Total undiscounted lease liabilities$20,356 
19.     Lease liability (cont'd):
IFRS 16 Leases had the following impact for the years ended December 31, 2021 and 2020.
Amounts recognized in profit or lossDecember 31, 2021December 31, 2020
Interest on lease liabilities$1,225 $1,244 
Income from sub-leasing right-of-use assets1,744 1,557 
Expenses relating to short-term leases168 120 
Amounts recognized in the statement of cash flows
Interest paid$1,225 $1,244 
Principal payments of lease liabilities2,798 2,517 
Expenses relating to short-term leases168 120 
Total cash outflow for leases$4,191 $3,881 

Deferred gains were also recorded on closing of the finance lease agreement and are amortized over the lease term. At December 31, 2021, the outstanding deferred gain was $1,318,000 (2020 – $1,734,000).