(1) This represents the Canadian federal statutory income tax rate, which is 15% after a 13% general tax reduction and 10% federal abatement are applied to the 38% basic rate. (2) Provincial taxes in Ontario made up the majority of the tax effect in this category. (3) Foreign income is subject to tax in Canada. paid for income taxes. As of December 31, 2025, 2024 and 2023 the Company had Canadian unused non-capital tax losses and undeducted research and development expense balances of $5 million, $5 million and $343 million, respectively. In addition, as of December 31, 2025, 2024 The significant components of the Company's deferred income tax assets and liabilities as of December 31, 2025 and 2024 were as follows: Total deferred tax assets, before valuation allowance Total deferred tax (liabilities) assets, net