Carrying amount

June 30,

December 31,

2021

2020

Short-term debt

$

35,213

$

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 2.66%, due in monthly installments of interest only and quarterly installments of principal, maturing in October 2023

95,910

98,420

Long-term revolver loan denominated in Canadian dollars, secured, bearing interest at a weighted average rate of 2.66%, due in monthly installments of interest only, maturing in October 2023

47,506

46,184

Less: unamortized debt issue costs

(552)

(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

(6,375)

(7,266)

Total long-term debt

636,489

636,648

Total debt

$

671,702

$

665,793

Long-term debt:

Current portion

$

10,657

$

10,360

Non-current portion

625,832

626,288

Total long-term debt

$

636,489

$

636,648