i) Cash Credit risk associated with cash is minimized by investing these assets in shortterm interest-bearing deposits of a Canadian bank with credit ratings that comply with the Corporation's banking and investment policy.
AI summary The credit risk of cash is minimized by investing in short-term interest-bearing deposits of Canadian banks that meet the Corporation's credit rating requirements as outlined in its banking and investment policy.
i) Other price risk Other price risk is the risk that the fair value of a financial instrument or the related future cash flows will fluctuate due to changes in market prices. The Corporation is exposed to other price risk with regard to i...
AI summary The Corporation faces other price risk due to fluctuations in market prices affecting the fair value of its investments, particularly pooled funds. It manages this risk through diversification and the use of an investment manager in line with its investment policy.
Disclaimer: These summaries were generated by AI from the filings they describe. We take care to make them accurate, but errors are possible - and they aren't advice. Only the filings themselves are the record: if you're relying on something here, confirm it against the source documents or the Nova Scotia Energy Board's own record. Full disclaimer →