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Lease liability
12 Months Ended
Dec. 31, 2025
Leases1 [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 4.95% to 9.42% per annum and expire between January 2026 and February 2035.
December 31, 2025December 31, 2024
Property$3,316 $2,805 
Equipment18 28 
Vehicle78 66 
Lease Liability, Current$3,412 $2,899 
Property$18,572 $20,847 
Equipment69 
Vehicle87 146 
Lease Liability, Non-current$18,728 $20,995 
Lease Liability, Total$22,140 $23,894 
During the year ended December 31, 2025, the Corporation made principal payments on its lease liabilities of $3,043,000 (2024 - $3,327,000). The Corporation is committed to future minimum lease payments (comprising principal and interest) as follows:
Maturity AnalysisDecember 31, 2025
Less than one year$5,070 
Between one and five years13,449 
More than five years11,525 
Total undiscounted lease liabilities$30,044 
Deferred gains were also recorded on closing of a finance lease agreement and are amortized over the lease term. At December 31, 2025, the outstanding deferred gain was $nil (2024 – $69,000).