Carrying amount

December 31,

2020

2019

Short-term debt

$

29,145

$

4,705

Long-term debt:

Term loan and long-term revolver loan:

Term loan denominated in Canadian dollars, secured, bearing interest at a weighted average rate of 2.72%, due in monthly installments of interest only and quarterly installments of principal, maturing in October 2023

98,420

155,355

Long-term revolver loan denominated in Canadian dollars, secured, bearing interest at a weighted average rate of 2.72%, due in monthly installments of interest only, maturing in October 2023

46,184

—

Less: unamortized debt issue costs

(690)

(807)

Senior unsecured notes:

Bearing interest at 5.375% due in semi-annual installments, with the full amount of principal due in January 2025

500,000

Less: unamortized debt issue costs

(7,266)

(9,067)

Total long-term debt

636,648

645,481

Total debt

$

665,793

$

650,186

Long-term debt:

Current portion

$

10,360

$

18,277

Non-current portion

626,288

627,204

Total long-term debt

$

636,648

$

645,481