STANTEC INC
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
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The yearly report of certain Canadian companies, filed under a joint US and Canadian system. It is the main yearly account these companies give US investors, largely as filed in Canada.
FY2025 · Filed Feb 25, 2026
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Contents
EX-99.3 · Commitments
- Commitments
The Company has various lease commitments included in lease liabilities (note 11). In addition, the Company has commitments for variable lease payments, short-term leases, and leases of low-value assets. These commitmentsas at December 31, 2025, are as follows:
| Total$ | Less than 1 Year$ | 1 to 3 Years$ | After 3 Years$ | |
|---|---|---|---|---|
| Variable lease and other lease-related obligations | 280.3 | 55.2 | 87.7 | 137.4 |
| Leases not commenced but committed | 56.4 | 2.9 | 8.7 | 44.8 |
| 336.7 | 58.1 | 96.4 | 182.2 |
Future minimum payments receivable under non-cancelable sublease agreements as at December 31, 2025 are $39.6 (2024 - $46.0) and are due over the next 8 years, of which $19.8 (2024 - $21.5) relates to sublease receivables included in other assets (note 14).
| Notes to the Consolidated Financial StatementsIn Millions of Canadian Dollars Except Number of Shares and Per Share DataDecember 31, 2025 | F-39 | Stantec Inc. |
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