v3.25.1
Note 5 - Credit Assets, Net of Allowance for Credit Losses (Tables)
 6 Months Ended
Apr. 30, 2025
Statement Line Items [Line Items]  
Disclosure of loans, net [text block]

(thousands of Canadian dollars)

            
  

April 30

  

October 31

  

April 30

 
  

2025

  

2024

  

2024

 
             
             

Receivable purchase program

 $3,548,931  $3,307,328  $3,114,024 

Multi-family residential loans and other

  958,249   910,314   885,136 
   4,507,180   4,217,642   3,999,160 
             

Allowance for credit losses

  (4,958)  (3,303)  (2,402)

Accrued interest

  21,590   21,777   21,700 
             

Total credit assets, net of allowance for credit losses

 $4,523,812  $4,236,116  $4,018,458 
Disclosure of loans by lending asset category [text block]
  

As at April 30, 2025

  

As at October 31, 2024

 

(thousands of Canadian dollars)

 

Stage 1

  

Stage 2

  

Stage 3

  

Total

  

Stage 1

  

Stage 2

  

Stage 3

  

Total

 

Receivable purchase program

 $3,528,735  $19,846  $351  $3,548,931  $3,294,675  $12,653  $-  $3,307,328 

ECL allowance

  2,360   611   29   3,000   783   -   -   783 

EL %

  0.07%  3.08%  8.27%  0.08%  0.02%  0.00%  0.00%  0.02%

Multi-family residential loans and other

 $721,610  $205,807  $30,832  $958,249  $737,125  $173,121  $68  $910,314 

ECL allowance

  1,400   557   1   1,958   2,213   306   1   2,520 

EL %

  0.19%  0.27%  0.00%  0.20%  0.30%  0.18%  1.47%  0.28%

Total credit assets

 $4,250,345  $225,653  $31,182  $4,507,180  $4,031,800  $185,774  $68  $4,217,642 

Total ECL allowance

  3,760   1,168   30   4,958   2,996   306   1   3,303 

Total EL %

  0.09%  0.52%  0.10%  0.11%  0.07%  0.16%  1.47%  0.08%
Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets [text block]

(thousands of Canadian dollars)

                
  

Reported

  

100%

  

100%

  

100%

 
  

ECL

  

Upside

  

Baseline

  

Downside

 
                 

Allowance for expected credit losses

 $4,958  $4,349  $4,549  $5,184 

Provision (recovery) from reported ECL

      (609)  (409)  226 

Variance from reported ECL (%)

      (12%)  (8%)  5%
                 
Disclosure of Reconciliation of changes in allowance account for credit losses of financial assets [text block]

(thousands of Canadian dollars)

 

Stage 1

  

Stage 2

  

Stage 3

  

Total

 
                 

Receivable purchase program

                

Balance at beginning of period

 $1,911  $4  $56  $1,971 

Transfer in (out) to Stage 1

  -   -   -   - 

Transfer in (out) to Stage 2

  -   -   -   - 

Transfer in (out) to Stage 3

  -   -   -   - 

Net remeasurement of loss allowance

  449   607   (27)  1,029 

Credit asset originations

  -   -   -   - 

Derecognitions and maturities

  -   -   -   - 

Provision for (recovery of) credit losses

  449   607   (27)  1,029 

Write-offs

  -   -   -   - 

Recoveries

  -   -   -   - 

Balance at end of period

 $2,360  $611  $29  $3,000 
                 

Multi-family residential loans and other

                

Balance at beginning of period

 $1,772  $488  $2  $2,262 

Transfer in (out) to Stage 1

  (200)  200   -   - 

Transfer in (out) to Stage 2

  155   (155)  -   - 

Transfer in (out) to Stage 3

  1   (43)  42   - 

Net remeasurement of loss allowance

  (165)  87   (43)  (121)

Credit asset originations

  -   -   -   - 

Derecognitions and maturities

  (3)  (16)  -   (19)

Provision for (recovery of) credit losses

  (212)  73   (1)  (140)

Write-offs

  (135)  -   -   (135)

Recoveries

  -   -   -   - 

FX Impact

  (25)  (4)  -   (29)

Balance at end of period

 $1,400  $557  $1  $1,958 
                 

Total balance at end of period

 $3,760  $1,168  $30  $4,958 

(thousands of Canadian dollars)

 

Stage 1

  

Stage 2

  

Stage 3

  

Total

 
                 

Receivable purchase program

                

Balance at beginning of period

 $65  $-  $-  $65 

Transfer in (out) to Stage 1

  -   -   -   - 

Transfer in (out) to Stage 2

  -   -   -   - 

Transfer in (out) to Stage 3

  -   -   -   - 

Net remeasurement of loss allowance

  142   -   -   142 

Credit asset originations

  -   -   -   - 

Derecognitions and maturities

  -   -   -   - 

Provision for (recovery of) credit losses

  142   -   -   142 

Write-offs

  -   -   -   - 

Recoveries

  -   -   -   - 

Balance at end of period

 $207  $-  $-  $207 
                 

Multi-family residential loans and other

                

Balance at beginning of period

 $1,845  $476  $-  $2,321 

Transfer in (out) to Stage 1

  110   (110)  -   - 

Transfer in (out) to Stage 2

  (53)  53   -   - 

Transfer in (out) to Stage 3

  -   -   -   - 

Net remeasurement of loss allowance

  (32)  (84)  -   (116)

Credit asset originations

  24   -   -   24 

Derecognitions and maturities

  (8)  (26)  -   (34)

Provision for (recovery of) credit losses

  41   (167)  -   (126)

Write-offs

  -   -   -   - 

Recoveries

  -   -   -   - 

FX Impact

  -   -   -   - 

Balance at end of period

 $1,886  $309  $-  $2,195 
                 

Total balance at end of period

 $2,093  $309  $-  $2,402 

(thousands of Canadian dollars)

 

Stage 1

  

Stage 2

  

Stage 3

  

Total

 
                 

Receivable purchase program

                

Balance at beginning of period

 $783  $-  $-  $783 

Transfer in (out) to Stage 1

  -   -   -   - 

Transfer in (out) to Stage 2

  -   -   -   - 

Transfer in (out) to Stage 3

  -   -   -   - 

Net remeasurement of loss allowance

  1,577   611   29   2,217 

Credit asset originations

  -   -   -   - 

Derecognitions and maturities

  -   -   -   - 

Provision for (recovery of) credit losses

  1,577   611   29   2,217 

Write-offs

  -   -   -   - 

Recoveries

  -   -   -   - 

Balance at end of period

 $2,360  $611  $29  $3,000 
                 

Multi-family residential loans and other

                

Balance at beginning of period

 $2,213  $306  $1  $2,520 

Transfer in (out) to Stage 1

  (397)  397   -   - 

Transfer in (out) to Stage 2

  146   (146)  -   - 

Transfer in (out) to Stage 3

  -   (43)  43   - 

Net remeasurement of loss allowance

  (337)  95   (43)  (285)

Credit asset originations

  40   (29)  -   11 

Derecognitions and maturities

  (14)  (16)  -   (30)

Provision for (recovery of) credit losses

  (562)  258   -   (304)

Write-offs

  (259)  -   -   (259)

Recoveries

  -   -   -   - 

FX Impact

  8   (7)  -   1 

Balance at end of period

 $1,400  $557  $1  $1,958 
                 

Total balance at end of period

 $3,760  $1,168  $30  $4,958 

(thousands of Canadian dollars)

 

Stage 1

  

Stage 2

  

Stage 3

  

Total

 
                 

Receivable purchase program

                

Balance at beginning of period

 $100  $-  $-  $100 

Transfer in (out) to Stage 1

  56   (56)  -   - 

Transfer in (out) to Stage 2

  (124)  124   -   - 

Transfer in (out) to Stage 3

  -   -   -   - 

Net remeasurement of loss allowance

  175   (68)  -   107 

Credit asset originations

  -   -   -   - 

Derecognitions and maturities

  -   -   -   - 

Provision for (recovery of) credit losses

  107   -   -   107 

Write-offs

  -   -   -   - 

Recoveries

  -   -   -   - 

Balance at end of period

 $207  $-  $-  $207 
                 

Multi-family residential loans and other

                

Balance at beginning of period

 $1,845  $568  $-  $2,413 

Transfer in (out) to Stage 1

  250   (250)  -   - 

Transfer in (out) to Stage 2

  (162)  162   -   - 

Transfer in (out) to Stage 3

  -   -   -   - 

Net remeasurement of loss allowance

  (51)  (128)  -   (179)

Credit asset originations

  101   -   -   101 

Derecognitions and maturities

  (97)  (43)  -   (140)

Provision for (recovery of) credit losses

  41   (259)  -   (218)

Write-offs

  -   -   -   - 

Recoveries

  -   -   -   - 

FX Impact

  -   -   -   - 

Balance at end of period

 $1,886  $309  $-  $2,195 
                 

Total balance at end of period

 $2,093  $309  $-  $2,402