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Related Parties

12 Months Ended

Dec. 31, 2020

Note 20 Related Parties

The Company enters into transactions with related parties in the normal course of business and at the terms that would exist in

arm’s-length

transactions.

(a) Transactions with certain related parties

Transactions with MFLP, a wholly owned unconsolidated partnership, and MFCT, a wholly owned unconsolidated trust, are described in notes 10, 17 and 18. Refer to note 3(a) for additional transactions with related parties.

(b) Compensation of key management personnel

The Company’s key management personnel are those personnel who have the authority and responsibility for planning, directing and controlling the activities of the Company. Directors (both executive and

non-executive)

and senior management are considered key personnel. A summary of compensation of key management personnel is as follows.


For the years ended December 31,	2020		2019
Short-term employee benefits	$	69	$	67
Post-employment benefits		5		5
Share-based payments		57		55
Termination benefits		–		8
Other long-term benefits		3		2
Total	$	134	$	137