Note 6 - Other Assets

6 Months Ended

Apr. 30, 2024

Statement Line Items [Line Items]

Disclosure of other assets [text block]

6. Other assets:

(thousands of Canadian dollars)
	April 30		October 31		April 30
	2024		2023		2023
Accounts receivable	$	5,921	$	3,858	$	3,070
Prepaid expenses and other		21,173		22,130		20,880
Property and equipment		24,172		6,536		6,833
Right-of-use assets		3,081		3,427		3,775
Deferred income tax asset		2,585		4,058		2,269
Interest rate swap (note 12)		1,052		1,517		103
Investment (note 6a)		953		953		953
Goodwill		5,754		5,754		5,754
Intangible assets		2,594		2,791		2,988
	$	67,285	$	51,024	$	46,625

a) In February 2021, the Bank acquired an 11% investment in Canada Stablecorp Inc. (“Stablecorp”) for cash consideration of $953,000. The Bank has made an irrevocable election to designate this investment at fair value through other comprehensive income at initial recognition and any future changes in the fair value of the investment will be recognized in other comprehensive income (loss). Amounts recorded in other comprehensive income (loss) will not be reclassified to profit and loss at a later date.