Lease liabilities

9 Months Ended

Sep. 30, 2023

Disclosure Of Leases [Abstract]

Lease liabilities

Lease liabilities

For the nine months ended September 30,					2023
	Premises		Equipment		Total
Balance, beginning of the period	$	53.3	$	0.6	$	53.9
Additions	18.5		0.3		18.8
Lease repayments	(4.9)		(0.1)		(5.0)
Foreign exchange losses	(0.2)		—		(0.2)
Balance, end of the period	$	66.7	$	0.8	$	67.5
Non-current portion of lease liabilities	$	(61.2)	$	(0.6)	$	(61.8)
Current Lease Liabilities	$	5.5	$	0.2	$	5.7

In the three and nine months ended September 30, 2023, the Company recognized interest expense of $1.2 million and $3.0 million, respectively, related to lease liabilities (three and nine months ended September 30, 2022: $0.8 million and $1.7 million, respectively).

The Company’s lease obligations include leases for plant operations, storage facilities, and office space for employees.

Maturity analysis (undiscounted)
As at September 30, 2023	Year 1		Year 2		Year 3		Year 4		Year 5		Thereafter		Total
Premises	$	8.5	$	8.6	$	8.4	$	8.0	$	7.2	$	47.3	$	88.0
Equipment	0.2		0.2		0.2		0.2		0.1		—		0.9
Total	$	8.7	$	8.8	$	8.6	$	8.2	$	7.3	$	47.3	$	88.9

Maturity analysis (undiscounted)
As at December 31, 2022	Year 1		Year 2		Year 3		Year 4		Year 5		Thereafter		Total
Premises	$	8.7	$	7.7	$	7.3	$	7.1	$	6.4	$	40.7	$	77.9
Equipment	0.2		0.1		0.1		0.1		0.1		—		0.6
Total	$	8.9	$	7.8	$	7.4	$	7.2	$	6.5	$	40.7	$	78.5