skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. GSY: Did GSY ever make more info available regards the $41mil. [goeasy Ltd.]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Did GSY ever make more info available regards the $41mil. lent to a bankrupt car finance Co.?
In their last qtr. statement was that name included in mark to mkt. group of 3?
Thanks
Asked by Joseph on May 16, 2023
5i Research Answer:

There was an impact but it was not quantified; GSY noted Canada Drives was written down to 'an appropriate level'. However in the financials it appears that other gains offset this, as in the investment category of assets investments actually rose slightly. It had gains in Affirm and Brim Financial. 

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

  • Access to a team of experts ready to answer your investments question 
  • Instant access to over 100,000 archived questions
  • A community of like-minded investors
  • Peace of mind knowing that 5i Research has only YOUR best interests in mind