Note 6 - Subordinated Notes Payable

3 Months Ended

Jan. 31, 2022

Statement Line Items [Line Items]

Disclosure of borrowings [text block]

6.         Subordinated notes payable:

(thousands of Canadian dollars)
	January 31		October 31		January 31
	2022		2021		2021
Ten year term, unsecured, non-viability contingent capital compliant, subordinated notes payable, principal amount of $5.0 million, $500,000 is held by related party (note 12), effective interest rate of 10.41%, maturing March 2029.	$	4,901	$	4,898	$	4,891
Ten year term, unsecured, non-viability contingent capital compliant, subordinated notes payable, principal amount of USD $75.0 million, effective interest rate of 5.38%, maturing May 2031.		92,825		90,374		-
	$	97,726	$	95,272	$	4,891