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Note 15 - Financial Instruments - Fair Value of Derivative Financial Assets and Liabilities (Details) - CAD ($)
$ in Thousands
Mar. 31, 2018
Mar. 31, 2017
Statement Line Items [Line Items]    
Fair value of derivative financial assets, current $ 218,769 $ 11,656
Fair value of derivative financial assets 64,662 3,010
Fair value of derivative financial liabilities, current 86,288 168,793
Non-current derivative financial liabilities 51,871 178,724
Physical forward contracts and options [member]    
Statement Line Items [Line Items]    
Fair value of derivative financial assets, current 198,891 [1] 982
Fair value of derivative financial assets 60,550 [1] 983
Fair value of derivative financial liabilities, current 32,451 [1] 89,472
Non-current derivative financial liabilities 29,003 [1] 124,173
Financial swap contracts and options [member]    
Statement Line Items [Line Items]    
Fair value of derivative financial assets, current 8,133 [2] 3,207
Fair value of derivative financial assets 1,342 [2] 2,027
Fair value of derivative financial liabilities, current 34,369 [2] 65,362
Non-current derivative financial liabilities 22,117 [2] 46,246
Foreign exchange forward contracts [member]    
Statement Line Items [Line Items]    
Fair value of derivative financial assets, current 565
Fair value of derivative financial assets
Fair value of derivative financial liabilities, current 1,068
Non-current derivative financial liabilities 505 295
Share swap [member]    
Statement Line Items [Line Items]    
Fair value of derivative financial assets, current
Fair value of derivative financial assets
Fair value of derivative financial liabilities, current 18,400 13,916
Non-current derivative financial liabilities
European-focused senior convertible unsecured 6.5% convertible bonds, conversion feature [member]    
Statement Line Items [Line Items]    
Fair value of derivative financial assets, current
Fair value of derivative financial assets
Fair value of derivative financial liabilities, current
Non-current derivative financial liabilities 246 8,010
Other derivative options [member]    
Statement Line Items [Line Items]    
Fair value of derivative financial assets, current 11,745 6,902
Fair value of derivative financial assets 2,770
Fair value of derivative financial liabilities, current 43
Non-current derivative financial liabilities
[1] Physical forward contracts and options consist of: • Electricity contracts with a total remaining volume of 32,522,439 MWh, a weighted average price of $42.50/MWh and expiry dates up to December 31, 2027. • Natural gas contracts with a total remaining volume of 86,541,853 GJs, a weighted average price of $3.72/GJ and expiry dates up to October 31, 2023. • Renewable energy certificates ("RECs") and emission-reduction credit contracts with a total remaining volume of 3,662,766 MWh and 422,550 tonnes, respectively, a weighted average price of $27.84/REC and $2.50/tonne, respectively, and expiry dates up to December 31, 2028 and December 31, 2021. • Electricity generation capacity contracts with a total remaining volume of 5,410 MWCap, a weighted average price of $6,912.86/MWCap and expiry dates up to October 31, 2022. • Ancillary contracts with a total remaining volume of 933,679 MWh, a weighted average price of $19.45/MWh and expiry dates up to December 31, 2020.
[2] Financial swap contracts and options consist of: • Electricity contracts with a total remaining volume of 15,724,012 MWh, an average price of $49.41/MWh and expiry dates up to July 23, 2023. • Natural gas contracts with a total remaining volume of 117,006,333 GJs, an average price of $3.54/GJ and expiry dates up to December 31, 2022. • Electricity generation capacity contracts with a total remaining volume of 273 MWCap, a weighted average price of $4,146.69/MWCap and expiry dates up to October 31, 2020. • Ancillary contracts with a total remaining volume of 962,506 MWh, a weighted average price of $13.76/MWh and expiry dates up to December 31, 2019.