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Other Long-Term Financial Liabilities (Tables)
12 Months Ended
Dec. 31, 2024
Other Long-Term Financial Liabilities [Abstract]  
Schedule of Other Long-Term Financial Liabilities

As at December 31,

 

2024

 

2023

Security deposits

 

$

1,069

 

$

1,189

Derivative liabilities (Note 24)

 

 

617,135

 

 

Satellite performance incentive payments

 

 

12,352

 

 

13,749

Other long-term financial liabilities

 

$

630,556

 

$

14,938

Schedule of Movements in Telesat Lightspeed Financing Warrants

The movements in Telesat Lightspeed Financing Warrants were as follows:

 

Government of
Canada

 

Government of
Quebec

 

Total

Issuance on November 15, 2024 (Note 22)

 

$

509,118

 

 

$

95,162

 

 

$

604,280

 

Change in fair value

 

 

10,843

 

 

 

2,027

 

 

 

12,870

 

Impact of foreign exchange

 

 

(13

)

 

 

(2

)

 

 

(15

)

Balance on December 31, 2024

 

$

519,948

 

 

$

97,187

 

 

$

617,135