- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References + Details

Subsequent Events (Details)	12 Months Ended
Subsequent Events (Details)	Dec. 31, 2019 CAD ($)	Jan. 28, 2020 shares	Jan. 24, 2020 USD ($)
Subsequent events
Subsequent event, description	On January 28, 2020, the Board of Directors of the Company approved a new NCIB, which allows for the repurchase of up to 16 million common shares between February 1, 2020 and January 31, 2021. On January 24, 2020, the Company requested a borrowing of US$300 million under its non-revolving credit facility. The funds are expected to be received on February 3, 2020.
Subsequent Event [Member]
Subsequent events
Common shares approved for repurchase (in shares) \| shares		16,000,000
Non-Revolving Credit Facility [Member]
Subsequent events
Outstanding borrowings	$ 0
Non-Revolving Credit Facility [Member] \| Subsequent Event [Member]
Subsequent events
Outstanding borrowings			$ 300,000,000