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Consolidated Statements of Income - CAD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Profit or loss [abstract]      
Revenue $ 758,212 $ 820,468 $ 910,893
Operating expenses (234,054) (180,874) (165,499)
Depreciation (203,772) (216,885) (242,966)
Amortization (16,141) (17,195) (23,277)
Other operating gains (losses), net 107,615 (215) (862)
Operating income 411,860 405,299 478,289
Interest expense (187,994) (203,760) (258,261)
Loss on refinancing (151,919)
Interest and other income 3,418 5,196 20,043
Loss on changes in fair value of financial instruments (18,684) (13,115) (49,672)
Gain on foreign exchange 27,539 47,605 163,840
Income before tax 236,139 241,225 202,320
Tax (expense) recovery (78,377) 4,353 (15,122)
Net income 157,762 245,578 187,198
Net income attributable to:      
Telesat Corporation/Telesat Canada shareholders 103,542 245,578 187,198
Non-controlling interest 54,220
Net income $ 157,762 $ 245,578 $ 187,198
Net income per share attributable to Telesat Corporation shareholders (Net income per common shares attributable to Telesat Canada common shareholders)      
Basic (in Dollars per share) $ 2.29 $ 4.96 $ 3.78
Diluted (in Dollars per share) $ 2.22 $ 4.93 $ 3.76
Total Weighted Average Telesat Corporation Shares (Total Weighted Average Telesat Canada Common shares) Outstanding      
Basic (in Shares) 45,168,650 49,537,082 49,519,663
Diluted (in Shares) 46,620,495 49,804,886 49,806,301