Deferred Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

The amounts in the consolidated statements of financial position reconcile to the amounts disclosed in this note as follows:


Deferred tax assets:	Tax losses/ other credits			LT Debt/ Interest			Inventory			Intangibles			Other			Total
At January 1, 2017	$	7,413		$	3,190		$	518		$	399		$	437		$	11,957
Charged to statement of income (loss)		(2,289	)		(968	)		(144	)		(399	)		(551	)		(4,351	)

At December 31, 2017	$	5,124		$	2,222		$	374		$	—		$	(114	)	$	7,606

Credited (charged) to statement of (loss) income		1,053			524			133			—			283			1,993

At December 31, 2018	$	6,177		$	2,746		$	507		$	—		$	169		$	9,599


Deferred tax liabilities:	Accelerated tax depreciation			Biological asset			Revaluation Surplus			Joint Venture Shares			Total
At January 1, 2017	$	(15,205	)	$	(674	)	$	(1,065	)	$	—		$	(16,944	)
Credited (charged) to statement of income (loss)		6,179			214			—			(2,151	)		4,242
Charged to statements of other comprehensive (loss) income		—			—			271			—			271

At December 31, 2017	$	(9,026	)	$	(460	)	$	(794	)	$	(2,151	)	$	(12,431	)
Credited to statement of (loss) income		567			175			—			170			912

At December 31, 2018	$	(8,459	)	$	(285	)	$	(794	)	$	(1,981	)	$	(11,519	)

The analysis of deferred tax assets and deferred tax liabilities is as follows:


	December 31, 2018						December 31, 2017
	Canada			U.S.			Canada			U.S.
Deferred tax assets:
Expected to be recovered in more than 12 months	$	1,155		$	7,465		$	747		$	5,753
Expected to be recovered within 12 months		312			667			388			718
Deferred tax liabilities:
Expected to be settled in more than 12 months		(4,181	)		(6,251	)		(4,606	)		(6,569	)
Expected to be settled within 12 months		(41	)		(1,046	)		(40	)		(1,216	)

Deferred tax liabilities, net of assets	$	(2,755	)	$	835		$	(3,511	)	$	(1,314	)

Non-capital and farm losses expire as follows: