Right-of-use assets

6 Months Ended

12 Months Ended

Apr. 30, 2022

Oct. 31, 2021

Statement [Line Items]

Right-of-use assets

7. Right-of-use assets

	Premises			Equipment			Total
Cost		$			$			$
At October 31, 2021		28,821,956			133,769			28,955,725
Additions		7,951,830			117,517			8,069,347
Modifications		(196,578	)		(25,125	)		(221,703	)
At April 30, 2022		36,577,208			226,161			36,803,369
Accumulated depreciation
At October 31, 2021		(1,894,179	)		(51,786	)		(1,945,965	)
Depreciation		(2,648,983	)		(21,087	)		(2,670,070	)
Disposals		208,861			—			208,861
At April 30, 2022		(4,334,301	)		(72,873	)		(4,407,174	)
Carrying amounts
At October 31, 2021		26,927,777			81,983			27,009,760
At April 30, 2022		32,242,907			153,288			32,396,195

The weighted average lease term is four years.

14. Right-of-use assets

	Premises			Equipment			Total
Cost	$			$			$
At October 31, 2019		2,783,313			53,262			2,836,575
Additions & modifications		1,550,957			61,176			1,612,133
Foreign Exchange on Translation		19,731			(629	)		19,102
At October 31, 2020		4,354,001			113,809			4,467,810
Additions & modifications		24,467,955			19,960			24,487,915
At October 31, 2021		28,821,956			133,769			28,955,725
Accumulated depreciation
At October 31, 2019		—			—			—
Depreciation		(584,343	)		(16,391	)		(600,734	)
Foreign Exchange on Translation		(7,810	)		(178	)		(7,988	)
At October 31, 2020		(592,153	)		(16,569	)		(608,722	)
Depreciation		(1,302,026	)		(35,217	)		(1,337,243	)
At October 31, 2021		(1,894,179	)		(51,786	)		(1,945,965	)
Carrying amounts
At October 31, 2019		2,783,313			53,262			2,836,575
At October 31, 2020		3,761,848			97,240			3,859,088
At October 31, 2021		26,927,777			81,983			27,009,760

The weighted average lease term is five years.