Trade and Other Liabilities

6 Months Ended

Jun. 30, 2024

13. Trade and Other Liabilities


	June 30, 2024		December 31, 2023
Accrued liabilities	$	238.3	$	294.5
Trade payables	154.5		138.9
Book overdrafts	179.0		129.1
Deferred revenue	33.5		17.5
Taxes payable	62.1		63.7
Current portion of finance leases and equipment financing obligations	24.2		24.4
Share unit liabilities	9.5		7.6
Other payables	8.0		10.1
Trade and other liabilities	$	709.1	$	685.8

Book overdrafts represent outstanding checks and other outstanding disbursements in excess of funds on deposit. Taxes payable includes value added tax and sales tax.

The Company has also estimated and accrued an immaterial liability, recognized within selling, general and administrative expenses and accrued liabilities, for digital services tax for the period from January 1, 2022 to June 30, 2024 arising from Canada’s Digital Services Tax Act, enacted on June 28, 2024. The estimate is based on the Company’s assessment as to which revenue sources are considered in-scope of the new tax. The Company may determine that additional revenue sources are in-scope as it completes its assessment but does not believe that any additional liability would be material to the consolidated financial statements.