Note 7 - Subordinated Notes Payable

3 Months Ended

Jan. 31, 2023

Statement Line Items [Line Items]

Disclosure of borrowings [text block]

7. Subordinated notes payable:

(thousands of Canadian dollars)
	January 31		October 31		January 31
	2023		2022		2022
Issued March 2019, unsecured, non-viability contingent capital compliant, subordinated notes payable, principal amount of $5.0 million, $500,000 is held by related party (note 14), effective interest rate of 10.41%, maturing March 2029.	$	4,911	$	4,908	$	4,901
Issued April 2021, 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.		97,854		100,043		92,825
	$	102,765	$	104,951	$	97,726