Carrying amount

March 31,

December 31,

2021

2020

Short-term debt

$

25,933

$

29,145

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 2.68%, due in monthly installments of interest only and quarterly installments of principal, maturing in October 2023

97,279

98,420

Long-term revolver loan denominated in Canadian dollars, secured, bearing interest at a weighted average rate of 2.68%, due in monthly installments of interest only, maturing in October 2023

46,882

46,184

Less: unamortized debt issue costs

(619)

(690)

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

(6,823)

(7,266)

Total long-term debt

636,719

636,648

Total debt

$

662,652

$

665,793

Long-term debt:

Current portion

$

10,517

$

10,360

Non-current portion

626,202

626,288

Total long-term debt

$

636,719

$

636,648