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Note 7 - Subordinated Notes Payable (Tables)
9 Months Ended
Jul. 31, 2022
Statement Line Items [Line Items]  
Disclosure of detailed information about borrowings [text block]

(thousands of Canadian dollars)

            
  

July 31

  

October 31

  

July 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 13), effective interest rate of 10.41%, maturing March 2029.

 $4,906  $4,898  $4,896 
             

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.

  93,800   90,374   90,787 
             
  $98,706  $95,272  $95,683