HomeCredit RatingsM11677Evidence
Topic/Matter Intersection

Topic:"Credit Ratings" in M11677

Matter: EfficiencyOne - 2023 Audited Financial Statements - December 31, 2023
4 passages 2 documents

Credit Ratings across all matters →

E-1Financial Statements - Redacted 3 passages
i) Cash p. p. 2
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 for cash investments is minimized by placing them in short-term interest-bearing deposits at Canadian banks that meet the Corporation's credit rating standards.

a) Credit risk p. p. 27
a) Credit risk Credit risk arises from the possibility of one of the parties to a transaction defaulting on its financial obligations. i) Cash Credit risk associated with cash is minimized by investing these assets in short-term interest-b...

AI summary Credit risk is discussed, emphasizing that it arises from the possibility of default in financial obligations. The text highlights that cash credit risk is minimized by investing in short-term interest-bearing deposits of Canadian banks with appropriate credit ratings.

13. RISK MANAGEMENT (continued) p. p. 27
13. RISK MANAGEMENT (continued) ii) Accounts receivable and loan receivable Credit risk associated with accounts receivable is mitigated by the fact that the majority of receivables outstanding are from NS Power, which is a regulated publi...

AI summary Credit risk for accounts receivable is mitigated as most receivables are from NS Power, a regulated public utility required to fund DSM activities.

E-2Financial Statements - Refiled - Redacted 1 passage
a) Credit risk p. pp. 27-79
a) Credit risk Credit risk arises from the possibility of one of the parties to a transaction defaulting on its financial obligations. i) Cash Credit risk associated with cash is minimized by investing these assets in short-term interest-b...

AI summary Credit risk refers to the possibility of a party defaulting on financial obligations. The Corporation minimizes cash credit risk by investing in short-term interest-bearing deposits of Canadian banks that meet its credit rating standards.

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 →