v3.26.1
Note 5 - Credit Assets, Net of Allowance for Credit Losses (Tables)
 9 Months Ended
Jul. 31, 2026
Statement Line Items [Line Items]  
Disclosure of loans, net [text block]

(thousands of Canadian dollars)

            
  

July 31

  

October 31

  

July 31

 
  

2026

  

2025

  

2025

 
             
             

Structured receivable program

 $5,207,241  $4,043,007  $3,720,442 

Multi-family residential loans and other

  934,191   1,007,232   1,041,076 
   6,141,432   5,050,239   4,761,518 
             

Allowance for credit losses

  (8,114)  (7,279)  (6,037)

Accrued interest

  28,224   23,418   22,835 
             

Total credit assets, net of allowance for credit losses

 $6,161,542  $5,066,378  $4,778,316 
Disclosure of loans by lending asset category [text block]
  

As at July 31, 2026

 

(thousands of Canadian dollars)

 

Stage 1

  

Stage 2

  

Stage 3

  

Total

 

Structured receivable program

 $5,177,081  $23,559  $6,601  $5,207,241 

ECL allowance

  2,868   14   3,799   6,681 

EL %

  0.06%  0.06%  57.55%  0.13%

Multi-family residential loans and other

 $677,944  $248,148  $8,099  $934,191 

ECL allowance

  1,143   290   -   1,433 

EL %

  0.17%  0.12%  0.00%  0.15%

Total credit assets

 $5,855,025  $271,707  $14,700  $6,141,432 

Total ECL allowance

  4,011   304   3,799   8,114 

Total EL %

  0.07%  0.11%  25.84%  0.13%
  

As at October 31, 2025

 

(thousands of Canadian dollars)

 

Stage 1

  

Stage 2

  

Stage 3

  

Total

 

Structured receivable program

 $4,017,931  $17,516  $7,560  $4,043,007 

ECL allowance

  3,187   72   2,172   5,431 

EL %

  0.08%  0.41%  28.73%  0.13%

Multi-family residential loans and other

 $854,692  $113,227  $39,313  $1,007,232 

ECL allowance

  1,493   354   1   1,848 

EL %

  0.17%  0.31%  0.00%  0.18%

Total credit assets

 $4,872,623  $130,743  $46,873  $5,050,239 

Total ECL allowance

  4,679   426   2,174   7,279 

Total EL %

  0.10%  0.33%  4.64%  0.14%
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

 $8,114  $7,553  $8,019  $8,875 

Provision (recovery) from reported ECL

      (561)  (95)  761 

Variance from reported ECL (%)

      (7%)  (1%)  9%
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

 
                 

Structured receivable program

                

Balance at beginning of period

 $3,243  $64  $3,392  $6,699 

Transfer in (out) to Stage 1

  -   -   -   - 

Transfer in (out) to Stage 2

  -   -   -   - 

Transfer in (out) to Stage 3

  -   -   -   - 

Net remeasurement of loss allowance

  (375)  (50)  407   (18)

Credit asset originations

  -   -   -   - 

Derecognitions and maturities

  -   -   -   - 

Provision for (recovery of) credit losses

  (375)  (50)  407   (18)

Write-offs

  -   -   -   - 

Recoveries

  -   -   -   - 

Balance at end of period

 $2,868  $14  $3,799  $6,681 
                 

Multi-family residential loans and other

                

Balance at beginning of period

 $1,361  $281  $1  $1,643 

Transfer in (out) to Stage 1

  (59)  59   -   - 

Transfer in (out) to Stage 2

  21   (21)  -   - 

Transfer in (out) to Stage 3

  -   -   -   - 

Net remeasurement of loss allowance

  (213)  (68)  (1)  (282)

Credit asset originations

  74   51   -   125 

Derecognitions and maturities

  (43)  (12)  -   (55)

Provision for (recovery of) credit losses

  (220)  9   (1)  (212)

Write-offs

  -   -   -   - 

Recoveries

  -   -   -   - 

Foreign currency impact

  2   -   -   2 

Balance at end of period

 $1,143  $290  $-  $1,433 
                 

Total balance at end of period

 $4,011  $304  $3,799  $8,114 

(thousands of Canadian dollars)

 

Stage 1

  

Stage 2

  

Stage 3

  

Total

 
                 

Structured receivable program

                

Balance at beginning of period

 $2,360  $611  $29  $3,000 

Transfer in (out) to Stage 1

  -   -   -   - 

Transfer in (out) to Stage 2

  -   -   -   - 

Transfer in (out) to Stage 3

  -   -   -   - 

Net remeasurement of loss allowance

  336   (529)  1,174   981 

Credit asset originations

  -   -   -   - 

Derecognitions and maturities

  -   -   -   - 

Provision for (recovery of) credit losses

  336   (529)  1,174   981 

Write-offs

  -   -   -   - 

Recoveries

  -   -   -   - 

Balance at end of period

 $2,696  $82  $1,203  $3,981 
                 

Multi-family residential loans and other

                

Balance at beginning of period

 $1,400  $557  $1  $1,958 

Transfer in (out) to Stage 1

  (236)  236   -   - 

Transfer in (out) to Stage 2

  234   (234)  -   - 

Transfer in (out) to Stage 3

  -   -   -   - 

Net remeasurement of loss allowance

  15   435   -   450 

Credit asset originations

  501   -   -   501 

Derecognitions and maturities

  (77)  (675)  -   (752)

Provision for (recovery of) credit losses

  438   (238)  -   200 

Write-offs

  (102)  -   -   (102)

Recoveries

  -   -   -   - 

Foreign currency impact

  4   (3)  -   1 

Balance at end of period

 $1,738  $317  $1  $2,056 
                 

Total balance at end of period

 $4,434  $399  $1,204  $6,037 

(thousands of Canadian dollars)

 

Stage 1

  

Stage 2

  

Stage 3

  

Total

 
                 

Structured receivable program

                

Balance at beginning of period

 $3,187  $72  $2,172  $5,431 

Transfer in (out) to Stage 1

  -   -   -   - 

Transfer in (out) to Stage 2

  -   -   -   - 

Transfer in (out) to Stage 3

  -   -   -   - 

Net remeasurement of loss allowance

  (319)  (58)  1,627   1,250 

Credit asset originations

  -   -   -   - 

Derecognitions and maturities

  -   -   -   - 

Provision for (recovery of) credit losses

  (319)  (58)  1,627   1,250 

Write-offs

  -   -   -   - 

Recoveries

  -   -   -   - 

Balance at end of period

 $2,868  $14  $3,799  $6,681 
                 

Multi-family residential loans and other

                

Balance at beginning of period

 $1,493  $354  $2  $1,848 

Transfer in (out) to Stage 1

  (206)  206   -   - 

Transfer in (out) to Stage 2

  165   (165)  -   - 

Transfer in (out) to Stage 3

  1   -   (1)  - 

Net remeasurement of loss allowance

  (419)  (35)  (1)  (455)

Credit asset originations

  278   126   -   404 

Derecognitions and maturities

  (107)  (193)  -   (300)

Provision for (recovery of) credit losses

  (288)  (62)  (2)  (351)

Write-offs

  (56)  -   -   (56)

Recoveries

  -   -   -   - 

Foreign currency impact

  (6)  (2)  -   (8)

Balance at end of period

 $1,143  $290  $-  $1,433 
                 

Total balance at end of period

 $4,011  $304  $3,799  $8,114 

(thousands of Canadian dollars)

 

Stage 1

  

Stage 2

  

Stage 3

  

Total

 
                 

Structured receivable 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

  1,913   82   1,203   3,198 

Credit asset originations

  -   -   -   - 

Derecognitions and maturities

  -   -   -   - 

Provision for (recovery of) credit losses

  1,913   82   1,203   3,198 

Write-offs

  -   -   -   - 

Recoveries

  -   -   -   - 

Balance at end of period

 $2,696  $82  $1,203  $3,981 
                 

Multi-family residential loans and other

                

Balance at beginning of period

 $2,213  $306  $1  $2,520 

Transfer in (out) to Stage 1

  (633)  633   -   - 

Transfer in (out) to Stage 2

  380   (380)  -   - 

Transfer in (out) to Stage 3

  -   (43)  43   - 

Net remeasurement of loss allowance

  (322)  530   (43)  165 

Credit asset originations

  541   (29)  -   512 

Derecognitions and maturities

  (91)  (691)  -   (782)

Provision for (recovery of) credit losses

  (124)  20   -   (104)

Write-offs

  (361)  -   -   (361)

Recoveries

  -   -   -   - 

Foreign currency impact

  12   (10)  -   2 

Balance at end of period

 $1,738  $317  $1  $2,056 
                 

Total balance at end of period

 $4,434  $399  $1,204  $6,037