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Note 6 - Other Assets
3 Months Ended
Jan. 31, 2025
Statement Line Items [Line Items]  
Disclosure of other assets [text block]

6.

Other assets:

 

(thousands of Canadian dollars)

                       
   

January 31

   

October 31

   

January 31

 
   

2025

   

2024

   

2024

 
                         

Accounts receivable

  $ 8,662     $ 10,718     $ 4,149  

Prepaid expenses and other

    17,122       14,399       20,195  

Right-of-use assets

    2,560       2,734       3,255  

Deferred income tax asset

    1,325       750       3,075  

Derivative instruments (note 12)

    1       20       587  

Investment (note 6a)

    953       953       953  
                         
    $ 30,623     $ 29,574     $ 32,214  

 

a)

In February 2021, the Bank acquired an 11% investment in Canada Stablecorp Inc. 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.