Credit risk a) Credit risk representsthe risk that a counterparty will fail to meet its contractual obligations, resulting in a financialloss to IESO Nova Scotia. IESO Nova Scotia's exposure to credit risk arises primarily from accountsrec...
AI summary Credit risk refers to the risk that a counterparty will fail to meet its obligations, leading to financial loss. IESO Nova Scotia manages this risk through customer deposit procedures and monitoring unbilled revenue. As of March 31, 2026, all accounts receivable were expected to be collected within one year, with the maximum credit risk being the total accounts receivable balance.