Indebtedness (Tables)

12 Months Ended

Dec. 31, 2024

Indebtedness [Abstract]

Schedule of Indebtedness

As at December 31,	2024			2023
Senior Secured Credit Facilities
Revolving Credit Facility	$	—		$	—
Term Loan B – U.S. Facility (December 31, 2024 – US$1,320,531 and December 31, 2023 – US$1,421,767)		1,889,451			1,882,846
Senior Unsecured Notes (December 31, 2024 – US$221,250 and December 31, 2023 – US$295,000)		318,246			390,669
2026 Senior Secured Notes (December 31, 2024 – US$387,047 and December 31, 2023 – US$399,040)		566,728			528,449
Senior Secured Notes (December 31, 2024 – US$224,995 and December 31, 2023 – US$299,995)		323,633			397,283
		3,098,058			3,199,247
Deferred financing costs, prepayment options and loss on repayment		(1,443	)		(2,228	)
		3,096,615			3,197,019
Less: current indebtedness		—			—
Long-term indebtedness	$	3,096,615		$	3,197,019

Schedule of Short-Term and Long-Term Portions of Deferred Financing Costs, Prepayment Options and Loss on Repayment

The short-term and long-term portions of deferred financing costs, prepayment options and loss on repayment were as follows:

As at December 31,	2024			2023
Short-term deferred financing costs	$	—		$	—
Long-term deferred financing costs		9,148			14,298
	$	9,148		$	14,298
Short-term prepayment options	$	—		$	—
Long-term prepayment options		(6,999	)		(10,961	)
	$	(6,999	)	$	(10,961	)
Short-term loss on repayment	$	—		$	—
Long-term loss on repayment		(706	)		(1,109	)
	$	(706	)	$	(1,109	)
Deferred financing costs, prepayment options and loss on repayment	$	1,443		$	2,228

Schedule of Financing Warrants

On issuance, the value of the Telesat Financing Warrants was as follows:

	Government of Canada		Government of Quebec		Total
Issuance on November 15, 2024	$	509,118	$	95,162	$	604,280