FINANCIAL_SERVICESONGOING

Town Maintains Undrawn Operating Credit with Scotiabank

The Town of Gravenhurst maintains a revolving credit facility with Scotiabank of up to $1 million for general operating needs. The facility, authorized under By-law 2024-19 with an overall borrowing limit of $3.2 million, was undrawn at the end of 2025.

Status
ONGOING
Document date
July 21, 2026
Contract type
FINANCIAL_SERVICES
Vendor
SCOTIABANK
Agency
Town of Gravenhurst · Canada

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Veritone logo
TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Up to $1,000,000 revolving credit facility; temporary borrowing limit authorized up to $3,200,000
Contract type
FINANCIAL_SERVICES
Contract term
Revolving credit facility in place as of December 31, 2025; limit authorized by By-law 2024-19
Renewal
Credit facility terms such as renewal date or review cycle are not specified in the document; arrangement is described as a continuing revolving facility.
Document type
AgendaPacket
Source document
Town of Gravenhurst Committee of the Whole Agenda Packet 2026-07-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Gravenhurst?

SCOTIABANK was awarded this financial services contract by Town of Gravenhurst, as recorded on July 21, 2026. The contract value is Up to $1,000,000 revolving credit facility; temporary borrowing limit authorized up to $3,200,000.

How much is the SCOTIABANK contract with Town of Gravenhurst worth?

The SCOTIABANK contract with Town of Gravenhurst is valued at Up to $1,000,000 revolving credit facility; temporary borrowing limit authorized up to $3,200,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Town of Gravenhurst Committee of the Whole Agenda Packet 2026-07-21 (AgendaPacket), dated July 21, 2026 from Town of Gravenhurst. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does SCOTIABANK hold?

SCOTIABANK may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Town of Gravenhurst currently buying?

Explore Town of Gravenhurst's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Gravenhurst's profile

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