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v3.21.1

Loans receivable (Details Narrative) |  | 12 Months Ended |
--- | --- | --- | ---
Feb. 28, 2020 CAD ($) | Dec. 31, 2020 CAD ($) Loan | Dec. 31, 2019 CAD ($) | Dec. 31, 2018 CAD ($)
Loans Receivable Details [Line Items] |  |  |  |
Percentage of probability to optimistic and pessimistic scenario forecasts |  | 100.00% |  |
Outstanding balance of loan on deferral plan |  | $ 34,000 |  |
Allowance for loan losses |  | 8,886,000 | $ 16,020,000 | $ 15,409,000
Provision for loan losses, recoveries |  | 1,117,000 | 1,737,000 |
Gross loans receivable |  | $ 56,113,000 | $ 104,675,000 |
Liquid Loan Portfolio [Member] | Mogo Shareholders [Member] |  |  |  |
Loans Receivable Details [Line Items] |  |  |  |
Gross consideration | $ 31,572,000 |  |  |
Gross loans receivable | 29,896,000 |  |  |
Gains on loans receivables | 1,676,000 |  |  |
Performance-based payment description |  | Mogo is also eligible for an additional performance-based payment of up to $1,500 payable upon achieving certain agreed-upon annual origination amounts under the 3-year lending partnership with the purchaser of the Liquid Sale. |  |
Additional performance-based payments | $ 1,500,000 | $ 0 |  |
Performance-based payments term | 3 years |  |  |
COVID-19 [Member] |  |  |  |
Loans Receivable Details [Line Items] |  |  |  |
Number of loans remain on deferral plan | Loan |  | 16 |  |
Outstanding balance of loan on deferral plan |  | $ 34,000 |  |
Allowance for loan losses |  | 1,049,000 |  |
Bottom of range [member] |  |  |  |
Loans Receivable Details [Line Items] |  |  |  |
Allowance for credit losses |  | 361,000 |  |
Top of range [member] |  |  |  |
Loans Receivable Details [Line Items] |  |  |  |
Allowance for credit losses |  | $ 472,000 |  |

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- Definition The gains (losses) on loans and receivables. [Refer: Loans and receivables] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Note Expiry date 2021-01-01 -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 20 -Subparagraph a -Clause iv -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2017-en-b&anchor=para_20_a_iv&doctype=Standard&book=b -URIDate 2020-01-01 + Details
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- Definition The amount of non-derivative financial assets with fixed or determinable payments that are not quoted in an active market, other than: (a) those that the entity intends to sell immediately or in the near term, which shall be classified as held for trading, and those that the entity, upon initial recognition, designates as at fair value through profit or loss; (b) those that the entity, upon initial recognition, designates as available for sale; or (c) those for which the holder may not recover substantially all of its initial investment, other than because of credit deterioration, which shall be classified as available for sale. An interest acquired in a pool of assets that are not loans or receivables (for example, an interest in a mutual fund or a similar fund) is not a loan or receivable. [Refer: Derivative financial assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Note Expiry date 2021-01-01 -Name IFRS -Number 7 -IssueDate 2020-01-01 -Paragraph 8 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2017-en-b&anchor=para_8_c&doctype=Standard&book=b -URIDate 2020-01-01 + Details
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- Definition Allowance for credit losses. + References No definition available. + Details
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- Definition Allowance for loan losses. + References No definition available. + Details
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- References No definition available. + Details
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- Definition Loans receivable details. + References No definition available. + Details
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- Definition Number of loans remain on deferral plan. + References No definition available. + Details
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- Definition Percentage of probability to optimistic and pessimistic scenario forecasts. + References No definition available. + Details
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