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Share Capital (Tables)
 12 Months Ended
Dec. 31, 2019
Disclosure of share capital, reserves and other equity interest [Abstract]  
Schedule of Common Stock Outstanding Roll Forward
 
Number of Shares
Amount
Outstanding at December 31, 2017
389,101,550

$3,691.7

Shares issued through:
 
 
Share-based compensation plans
1,984,698

12.9

Exercise of warrants
163,955

0.6

Outstanding at December 31, 2018
391,250,203

$3,705.2

Shares issued through:
 
 
Share-based compensation plans
1,555,989

9.5

Shares repurchased and cancelled (i)
(2,748,352
)
(26.1
)
Exercise of warrants
45

—

Flow-through share financing (ii)
1,132,169

5.9

Cancellation of unexchanged post-amalgamation shares
(119,237
)
(1.2
)
Outstanding at December 31, 2019
391,070,817

$3,693.3
Disclosure of number and weighted average exercise prices of share options
The following is a continuity of the changes in the number of stock options outstanding:
 
Number
Weighted average exercise price (CAD$)
Outstanding at December 31, 2017
10,429,345

$7.94

Granted
1,009,100

6.56

Exercised
(1,984,698
)
2.40

Expired
(2,798,292
)
12.70

Outstanding at December 31, 2018
6,655,455

$7.38

Granted
965,876

6.59

Exercised
(1,555,989
)
5.93

Expired
(1,600,080
)
10.52

Outstanding at December 31, 2019
4,465,262

$6.59
Weighted average fair value assumptions used in the Black-Scholes valuation for stock options
The following table presents the weighted average fair value assumptions used in the Black-Scholes valuation:
For options granted in the year ended:
December 31, 2019
December 31, 2018
Weighted average share price at grant date (CAD$)
$6.59

$6.56

Risk-free rate
1.32% - 1.68%

1.88% - 2.06%

Expected dividend yield
0.84
%
0.70
%
Expected stock price volatility (based on historical volatility)
54
%
57
%
Expected life of option (months)
42 - 84

42 - 84

Weighted average per share fair value of stock options granted (CAD$)
$2.95

$3.11
Disclosure of number and weighted average remaining contractual life of outstanding share options
Stock options outstanding and exercisable as at December 31, 2019:
 
 
Outstanding
 
Exercisable
Range of exercise prices (CAD$)
 
Number of options
Weighted average exercise price (CAD$)
Weighted average remaining contractual life (years)
 
Number of options
Weighted average exercise price (CAD$)
$3.01 - $7.00
 
3,069,246

5.57

4.70
 
1,446,515

4.44

$7.01 - $11.00
 
1,295,096

8.32

2.04
 
1,086,395

8.11

$11.01 - $19.00
 
100,920

15.47

0.06
 
100,920

15.47

 
 
4,465,262

$6.59

3.82
 
2,633,830

$6.38
Stock options outstanding and exercisable by range of exercise prices
Stock options outstanding and exercisable as at December 31, 2019:
 
 
Outstanding
 
Exercisable
Range of exercise prices (CAD$)
 
Number of options
Weighted average exercise price (CAD$)
Weighted average remaining contractual life (years)
 
Number of options
Weighted average exercise price (CAD$)
$3.01 - $7.00
 
3,069,246

5.57

4.70
 
1,446,515

4.44

$7.01 - $11.00
 
1,295,096

8.32

2.04
 
1,086,395

8.11

$11.01 - $19.00
 
100,920

15.47

0.06
 
100,920

15.47

 
 
4,465,262

$6.59

3.82
 
2,633,830

$6.38
Continuity of the changes in the number of other long-term incentive plans (LTIP) outstanding
The following is a continuity of the changes in the number of other long-term incentive plans ("LTI") outstanding for the years ended December 31, 2019 and 2018:
 
Restricted share units ("RSU")
Stock appreciation rights ("SAR")
Deferred share units ("DSU")
Performance share units ("PSU")
Outstanding units, December 31, 2017
1,500,934

1,055,525

480,605

599,705

Granted
611,717

—

164,808

440,420

Forfeited
(99,939
)
(482,533
)
—

(56,684
)
Settled
(445,016
)
(63,800
)
—

—

Outstanding units, December 31, 2018
1,567,696

509,192

645,413

983,441

Granted
832,366

—

208,882

423,628

Forfeited
(305,300
)
(309,566
)
—

—

Settled
(427,937
)
(108,319
)
(165,868
)
(324,916
)
Outstanding units, December 31, 2019
1,666,825

91,307

688,427

1,082,153
Schedule of Earnings (loss) per share
 
For the year ended
 
December 31, 2019
December 31, 2018
Net earnings (loss)
$96.1

($72.6
)
Weighted average number of common shares outstanding (in thousands)
390,160

389,816

Basic earnings (loss) per share

$0.25


($0.19
)
 
 
 
Dilutive effect of potential common share equivalents (in thousands)
3,267

—

 




Diluted weighted average number of common shares outstanding (in thousands)
393,427

389,816

Diluted earnings (loss) per share

$0.24


($0.19
)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
For the periods in which the Company records a loss, diluted loss per share is calculated using the basic weighted average number of shares outstanding, as using the diluted weighted average number of shares outstanding in the calculation would be anti-dilutive.
 
For the years ended December 31,
(in thousands)
2019
2018
Stock options
1,420

6,655

Warrants
—

5,215

 
1,420

11,870