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Consolidated Statements of Cash Flow - CAD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Operations:    
Net earnings (loss) $ (120,138) $ 6,618
Adjustments for:    
Long-term compensation plans 17,769 19,457
Depreciation and amortization 316,322 333,616
Gain on asset disposals (11,931) (50,741)
Loss on asset decommissioning   20,263
Reversal of impairment of property, plant and equipment   (5,810)
Foreign exchange 4,808 (8,585)
Finance charges 107,468 118,453
Gain on redemption and repurchase of unsecured senior notes (43,814) (6,815)
Income taxes 10,954 (14,957)
Other (2,392) (981)
Income taxes paid (6,468) (5,060)
Income taxes recovered 1,385 2,479
Interest paid (103,851) (116,655)
Interest received 615 1,370
Funds provided by operations 170,727 292,652
Changes in non-cash working capital balances 55,391 (4,493)
Cash provided by operations 226,118 288,159
Investments:    
Purchase of property, plant and equipment (61,535) (159,886)
Purchase of intangibles (57) (808)
Proceeds on sale of property, plant and equipment 21,094 90,768
Changes in non-cash working capital balances (19) (4,574)
Cash used in investing activities (40,517) (74,500)
Financing:    
Issuance of long-term debt 151,066  
Repayment of long-term debt (278,112) (198,387)
Repurchase of share capital (11,317) (25,902)
Debt amendment fees (690) (702)
Debt issue costs (354)  
Lease payments (6,217) (6,823)
Cash used in financing activities (145,624) (231,814)
Effect of exchange rate changes on cash (5,906) (3,770)
Increase (decrease) in cash 34,071 (21,925)
Cash, beginning of year 74,701 96,626
Cash, end of year $ 108,772 $ 74,701