Carrying amount

December 31,

2021

2020

Short-term debt

$

6,147

$

29,145

Long-term debt:

Term loan and long-term revolver loans:

Term loan denominated in Canadian dollars, secured, bearing interest at a weighted average rate of 2.61%, due in monthly installments of interest only, maturing in September 2026

93,283

98,420

Long-term revolver loan denominated in Canadian dollars, secured, bearing interest at a weighted average rate of 2.61%, due in monthly installments of interest only, maturing in September 2026

46,206

46,184

Long-term revolver loan denominated in Canadian dollars, secured, bearing interest at a weighted average rate of 2.25%, due in monthly installments of interest only, maturing in September 2026

56,492

—

Long-term revolver loan denominated in U.S. dollars, secured, bearing interest at a weighted average rate of 1.82%, due in monthly installments of interest only, maturing in September 2026

117,000

—

Less: unamortized debt issue costs

(463)

(690)

Senior unsecured notes:

Bearing interest at 5.375% due in semi-annual installments, with the full amount of principal due in January 2025 (the "2016 Notes")

500,000

Less: unamortized debt issue costs

(5,469)

(7,266)

Bearing interest at 4.75% due in semi-annual installments, with the full amount of principal due in December 2031 (the "2021 USD Notes")

600,000

—

Less: unamortized debt issue costs

(1,948)

—

Bearing interest at 4.95% due in semi-annual installments, with the full amount of principal due in December 2029 (the "2021 CAD Notes")

333,464

—

Less: unamortized debt issue costs

(1,127)

—

Total long-term debt

1,737,438

636,648

Total debt

$

1,743,585

$

665,793

Long-term debt:

Current portion

$

3,498

$

10,360

Non-current portion

1,733,940

626,288

Total long-term debt

$

1,737,438

$

636,648