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COMMON SHARE CAPITAL (Tables)
12 Months Ended
Dec. 31, 2021
COMMON SHARE CAPITAL  
Schedule of common share transactions

Year ended

Year ended

December 31, 2021

December 31, 2020

    

Number of shares

    

Amount

    

Number of shares

    

Amount 

(000’s)

(000’s)

Common shares

 

  

 

  

 

  

 

  

Balance at January 1,

 

1,258,320

$

4,473.7

 

1,253,766

$

14,926.2

Transfer to contributed surplus on reduction of stated capital(a)

 

 

 

 

(10,473.4)

Repurchase and cancellation of shares (ii)

(17,608)

(62.9)

Issued under share option and restricted share plans

 

3,621

 

16.9

 

4,554

 

20.9

Balance at end of period

 

1,244,333

$

4,427.7

 

1,258,320

$

4,473.7

Total common share capital

 

$

4,427.7

 

  

$

4,473.7

(a)Effective as of May 6, 2020, the shareholders of the Company approved a resolution to reduce the stated capital account of the common shares, with a resulting addition to contributed surplus.
Schedule of dividends on common shares

    

    

    

Total

Per share

amount paid

Dividends declared and paid during the periods:

 

  

 

  

Three months ended March 31, 2021

$

0.03

$

37.8

Three months ended June 30, 2021

 

0.03

 

37.9

Three months ended September 30, 2021

 

0.03

 

37.8

Three months ended December 31, 2021

 

0.03

 

37.6

Total

 

$

151.1