The Toronto-Dominion Bank (TD) 40-F 3 Dec 20 2020 FY Annual report (Canada) Financial data

Cover

Cover	12 Months Ended
	Oct. 31, 2020shares
Document Information [Line Items]
Document Type	40-F
Amendment Flag	false
Document Period End Date	Oct. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Trading Symbol	TD
Entity Registrant Name	TORONTO DOMINION BANK
Entity Central Index Key	0000947263
Current Fiscal Year End Date	--10-31
Entity Current Reporting Status	Yes
Entity Common Stock, Shares Outstanding	1,816,107,875
Entity Interactive Data Current	Yes
Security Exchange Name	NYSE
Security 12(b) Title	Common Shares
Entity Emerging Growth Company	false
Entity Address Country	CA
Entity Incorporation State Country Code	CA
Entity Address, Address Line One	c/o General Counsel’s Office
Entity Address, City or Town	Toronto
Entity Address, Postal Zip Code	M5K 1A2
Entity Address, State or Province	ON
Local Phone Number	(416) 308-6963
Business Contact [Member]
Document Information [Line Items]
Contact Personnel Name	Glenn Gibson
Entity Address, Address Line One	31 West 52nd Street
Entity Address, City or Town	New York
Entity Address, Postal Zip Code	10019-6101
Entity Address, State or Province	NY
Local Phone Number	(212) 827-7000

Consolidated Balance Sheet

Consolidated Balance Sheet - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
ASSETS
Cash and due from banks	$ 6,445	$ 4,863
Interest-bearing deposits with banks	164,149	25,583
Cash and interest bearing deposits with banks	170,594	30,446
Trading loans, securities, and other (Notes 5, 7)	148,318	146,000
Non-trading financial assets at fair value through profit or loss (Notes 5, 7)	8,548	6,503
Derivatives (Notes 5, 11)	54,242	48,894
Financial assets designated at fair value through profit or loss (Notes 5, 7)	4,739	4,040
Financial assets at fair value through other comprehensive income (Notes 5, 7, 8)	103,285	111,104
Total Trading and Non Trading Financial Assets	319,132	316,541
Debt securities at amortized cost, net of allowance for credit losses (Notes 5, 7)	227,679	130,497
Securities purchased under reverse repurchase agreements (Note 5)	169,162	165,935
Loans (Notes 5, 8)
Residential mortgages	252,219	235,640
Consumer instalment and other personal	185,460	180,334
Credit card	32,334	36,564
Business and government	255,799	236,517
Gross loans	725,812	689,055
Allowance for loan losses (Note 8)	(8,289)	(4,447)
Loans, net of allowance for loan losses	717,523	684,608
Other
Customers' liability under acceptances	14,941	13,494
Goodwill (Note 14)	17,148	16,976
Other intangibles (Note 14)	2,125	2,503
Land, buildings, equipment, and other depreciable assets (Note 15)	10,136	5,513
Deferred tax assets (Note 25)	2,444	1,799
Amounts receivable from brokers, dealers, and clients	33,951	20,575
Other assets (Note 16)	18,856	17,087
Total other miscellaneous assets	111,775	87,263
Total assets	1,715,865	1,415,290
LIABILITIES
Trading deposits (Notes 5, 17)	19,177	26,885
Derivatives (Notes 5, 11)	53,203	50,051
Securitization liabilities at fair value (Notes 5, 9)	13,718	13,058
Financial liabilities designated at fair value through profit or loss (Notes 5, 17)	59,665	105,131
Total financial liabilities other than non-trading deposits and other	145,763	195,125
Deposits (Notes 5, 17)
Personal	625,200	503,430
Banks	28,969	16,751
Business and government	481,164	366,796
Total deposits, other than trading	1,135,333	886,977
Other
Acceptances	14,941	13,494
Obligations related to securities sold short (Note 5)	34,999	29,656
Obligations related to securities sold under repurchase agreements (Note 5)	188,876	125,856
Securitization liabilities at amortized cost (Notes 5, 9)	15,768	14,086
Amounts payable to brokers, dealers, and clients	35,143	23,746
Insurance-related liabilities (Note 22)	7,590	6,920
Other liabilities (Note 18)	30,476	21,004
Total other miscellaneous liabilities	327,793	234,762
Subordinated notes and debentures (Notes 5, 19)	11,477	10,725
Total liabilities	1,620,366	1,327,589
EQUITY
Contributed surplus	121	157
Retained earnings	53,845	49,497
Accumulated other comprehensive income (loss)	13,437	10,581
Total equity	95,499	87,701
Total liabilities and equity	1,715,865	1,415,290
Common shares [member]
EQUITY
Common shares (Note 21)	22,487	21,713
Treasury shares - common (Note 21)	(37)	(41)
Preferred shares [member]
EQUITY
Common shares (Note 21)	5,650	5,800
Treasury shares - common (Note 21)	(4)	(6)
Schwab and TD Ameritrade [member]
Other
Investment in Schwab and TD Ameritrade (Note 12)	$ 12,174	$ 9,316

Consolidated Statement of Incom

Consolidated Statement of Income - CAD ($) $ in Millions		12 Months Ended
		Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Interest income
Loans	[1]	$ 28,151	$ 31,925	$ 27,790
Securities
Interest	[1]	5,432	7,843	6,685
Dividends	[1]	1,714	1,548	1,234
Deposits with banks	[1]	350	683	713
Total interest income	[1]	35,647	41,999	36,422
Interest expense (Note 30)
Deposits		7,163	13,675	10,489
Securitization liabilities		363	524	586
Subordinated notes and debentures		426	395	337
Other		2,084	3,474	2,771
Total interest expense		10,036	18,068	14,183
Net interest income		25,611	23,931	22,239
Non-interest income
Investment and securities services		5,341	4,872	4,714
Credit fees		1,400	1,289	1,210
Net securities gain (loss) (Note 7)		40	78	111
Trading income (loss)		1,404	1,047	1,052
Income (loss) from non-trading financial instruments at fair value through profit or loss		14	121	48
Income (loss) from financial instruments designated at fair value through profit or loss		55	8	(170)
Service charges		2,593	2,885	2,716
Card services		2,154	2,465	2,376
Insurance revenue (Note 22)		4,565	4,282	4,045
Other income (loss)		469	87	551
Total non-interest income		18,035	17,134	16,653
Total revenue		43,646	41,065	38,892
Provision for credit losses (Note 8)		7,242	3,029	2,480
Insurance claims and related expenses (Note 22)		2,886	2,787	2,444
Non-interest expenses
Salaries and employee benefits (Note 24)		11,891	11,244	10,377
Occupancy, including depreciation		1,990	1,835	1,765
Equipment, including depreciation		1,287	1,165	1,073
Amortization of other intangibles		817	800	815
Marketing and business development		740	769	803
Restructuring charges (recovery)		(16)	175	73
Brokerage-related and sub-advisory fees		362	336	359
Professional and advisory services		1,144	1,322	1,194
Other		3,389	4,374	3,736
Total non-interest expenses		21,604	22,020	20,195
Income (loss) before income taxes and equity in net income of an investment in TD Ameritrade		11,914	13,229	13,773
Provision for (recovery of) income taxes (Note 25)		1,152	2,735	3,182
Net income	[2]	11,895	11,686	11,334
Preferred dividends		267	252	214
Net income available to common shareholders and non-controlling interests in subsidiaries		11,628	11,434	11,120
Attributable to:
Common shareholders		$ 11,628	11,416	11,048
Non-controlling interests in subsidiaries			$ 18	$ 72
Earnings per share (Canadian dollars) (Note 26)
Basic		$ 6.43	$ 6.26	$ 6.02
Diluted		6.43	6.25	6.01
Dividends per common share (Canadian dollars)		$ 3.11	$ 2.89	$ 2.61
TD Ameritrade [member]
Non-interest expenses
Equity in net income of an investment in TD Ameritrade (Note 12)		$ 1,133	$ 1,192	$ 743
[1]	Includes $32,524 million, for the year ended October 31, 2020 (October 31, 2019 - $34,828 million; October 31, 2018 - $30,639 million), which has been calculated based on the effective interest rate method (EIRM). Refer to Note 30.
[2]	The amounts are net of income tax provisions (recoveries) presented in the following table.

Consolidated Statement of Inc_2

Consolidated Statement of Income (Parenthetical) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Profit or loss [abstract]
Interest income calculated using effective interest rate method	$ 32,524	$ 34,828	$ 30,639

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income - CAD ($) $ in Millions		12 Months Ended
		Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Statement [LineItems]
Net income	[1]	$ 11,895	$ 11,686	$ 11,334
Net change in unrealized gains (losses) on financial assets at fair value through other comprehensive income
Change in unrealized gains (losses) on debt securities at fair value through other comprehensive income	[1]	312	110	(261)
Reclassification to earnings of net losses (gains) in respect of debt securities at fair value through other comprehensive income	[1]	(94)	(31)	(22)
Reclassification to earnings of changes in allowance for credit losses on debt securities at fair value through other comprehensive income	[1]	2	(1)	(1)
Net change in unrealized gains (losses) on financial assets at fair value through other comprehensive income	[1]	220	78	(284)
Net change in unrealized foreign currency translation gains (losses) on Investments in foreign operations, net of hedging activities
Unrealized gains (losses) on investments in foreign operations	[1]	855	(165)	1,323
Reclassification to earnings of net losses (gains) on investment in foreign operations (Note 12)	[1]	(1,531)
Net gains (losses) on hedges of investments in foreign operations	[1]	(291)	132	(288)
Reclassification to earnings of net losses (gains) on hedges of investments in foreign operations (Note 12)	[1]	1,531
Net change in unrealized foreign currency translation gains (losses) on Investments in foreign operations, net of hedging activities	[1]	564	(33)	1,035
Net change in gains (losses) on derivatives designated as cash flow hedges
Change in gains (losses) on derivatives designated as cash flow hedges	[1]	3,565	3,459	(1,624)
Reclassification to earnings of losses (gains) on cash flow hedges	[1]	(1,230)	519	(455)
Net change in gains (losses) on derivatives designated as cash flow hedges	[1]	2,335	3,978	(2,079)
Items that will not be subsequently reclassified to net income
Actuarial gains (losses) on employee benefit plans	[1]	(390)	(921)	622
Change in net unrealized gains (losses) on equity securities designated at fair value through other comprehensive income	[1]	(212)	(95)	38
Gains (losses) from changes in fair value due to credit risk on financial liabilities designated at fair value through profit or loss	[1]	(51)	14
Other comprehensive income that will not be reclassified to profit or loss net of tax	[1]	(653)	(1,002)	660
Total other comprehensive income (loss), net of income taxes	[1]	2,466	3,021	(668)
Total comprehensive income (loss), net of income taxes	[1]	14,361	14,707	10,666
Attributable to:
Non-controlling interests in subsidiaries	[1]		18	72
Income Tax Provisions (Recoveries) in the Consolidated Statement of Comprehensive Income
Change in unrealized gains (losses) on debt securities at fair value through other comprehensive income		78	21	(139)
Less: Reclassification to earnings of net losses (gains) in respect of debt securities at fair value through other comprehensive income		1	(1)	13
Reclassification to earnings of changes in allowance for credit losses on debt securities at fair value through other comprehensive income		1
Unrealized gains (losses) on investments in foreign operations		0	0	0
Less: Reclassification to earnings of net losses (gains) on investment in foreign operations (Note 12)		0	0	0
Net gains (losses) on hedges of investments in foreign operations		(102)	48	(104)
Less: Reclassification to earnings of net losses (gains) on hedges of investments in foreign operations (Note 12)		(545)
Change in gains (losses) on derivatives designated as cash flow hedges		947	1,235	(473)
Less: Reclassification to earnings of losses (gains) on cash flow hedges		121	(157)	283
Actuarial gains (losses) on employee benefit plans		(140)	(324)	243
Change in net unrealized gains (losses) on equity securities designated at fair value through other comprehensive income		(78)	(35)	20
Gains (losses) from changes in fair value due to credit risk on financial liabilities designated at fair value through profit or loss		(18)	4
Total income taxes		1,111	1,107	(749)
Common shares [member]
Attributable to:
Attributable to shareholders	[1]	14,094	14,437	10,380
Preferred shares [member]
Attributable to:
Attributable to shareholders	[1]	$ 267	$ 252	$ 214
[1]	The amounts are net of income tax provisions (recoveries) presented in the following table.

Consolidated Statement of Chang

Consolidated Statement of Changes in Equity - CAD ($) $ in Millions	Total		Issued capital [member]Common shares [member]	Issued capital [member]Preferred shares [member]	Treasury shares [member]Common shares [member]	Treasury shares [member]Preferred shares [member]	Contributed surplus [member]	Retained earnings [member]	Retained earnings [member]Common shares [member]	Retained earnings [member]Preferred shares [member]	Accumulated other comprehensive income (loss) [member]	Accumulated other comprehensive income (loss) [member]Reserve of change in fair value of financial liability attributable to change in credit risk of liability [member]	Accumulated other comprehensive income (loss) [member]Net unrealized foreign currency translation gain (loss) on investments in foreign operations, net of hedging activities [member]	Accumulated other comprehensive income (loss) [member]Net gain (loss) on derivatives designated as cash flow hedges [member]	Accumulated other comprehensive income (loss) [member]Net unrealized gain (loss) on debt securities at fair value through other comprehensive income [member]	Accumulated other comprehensive income (loss) [member]Net unrealized gain (loss) on equity securities designated at fair value through other comprehensive income [member]	Equity attributable to owners of parent [member]	Non-controlling interests in subsidiaries [member]
Balance at beginning of year at Nov. 01, 2017			$ 20,931	$ 4,750	$ (176)	$ (7)	$ 214	$ 40,489					$ 7,791	$ (408)	$ 510	$ 113		$ 983
Net premium (discount) on sale of treasury shares							(2)
Net income attributable to non-controlling interests in subsidiaries	$ 72																	72
Issue of shares				750
Purchase of shares					(8,295)	(129)
Other comprehensive income (loss)	1,035	[1]											1,035
Other comprehensive income (loss)	(2,079)	[1]												(2,079)
Issuance of stock options, net of options exercised (Note 23)			152				(12)
Redemption of shares				(500)
Sale of shares					8,327	129
Impact on adoption of IFRS 9								53							19	(96)
Shares issued as a result of dividend reinvestment plan			366
Net income attributable to shareholders								11,262
Other comprehensive income (loss)	(284)	[1]													(283)
Other comprehensive income (loss)																40
Common dividends									$ (4,786)	$ (214)
Allowance for credit losses	(1)	[1]													(1)
Reclassification of loss (gain) to retained earnings																(2)
Purchase of shares for cancellation and other			(228)
Other							(7)											(62)
Share issue expenses and others								(10)
Net premium on repurchase of common shares, redemption of preferred shares, and other								(1,273)
Actuarial gains (losses) on employee benefit plans	622	[1]						622
Realized gains (losses) on equity securities designated at fair value through other comprehensive income								2
Balance at end of period at Oct. 31, 2018	80,040		21,221	5,000	(144)	(7)	193	46,145			$ 6,639		8,826	(2,487)	245	55	$ 79,047	993
Net premium (discount) on sale of treasury shares							(22)
Net income attributable to non-controlling interests in subsidiaries	18																	18
Issue of shares				800
Purchase of shares					(9,782)	(151)
Other comprehensive income (loss)	14	[1]										$ 14
Other comprehensive income (loss)	(33)	[1]											(33)
Other comprehensive income (loss)	3,978	[1]												3,978
Impact on adoption of IFRS 15, Revenue from Contracts with Customers (IFRS 15)								(41)
Issuance of stock options, net of options exercised (Note 23)			124				(8)
Redemption of non-controlling interests in subsidiaries																		(1,000)
Sale of shares					9,885	152
Shares issued as a result of dividend reinvestment plan			357
Net income attributable to shareholders								11,668
Other comprehensive income (loss)	78	[1]													79
Other comprehensive income (loss)																(46)
Shares issued in connection with acquisitions (Notes 13)			366
Common dividends									(5,262)	(252)
Allowance for credit losses	(1)	[1]													(1)
Reclassification of loss (gain) to retained earnings																(49)
Purchase of shares for cancellation and other			(355)
Other							(6)											$ (11)
Share issue expenses and others								(9)
Net premium on repurchase of common shares, redemption of preferred shares, and other								(1,880)
Actuarial gains (losses) on employee benefit plans	(921)	[1]						(921)
Realized gains (losses) on equity securities designated at fair value through other comprehensive income								49
Balance at end of period at Oct. 31, 2019	87,701		21,713	5,800	(41)	(6)	157	49,497			10,581	14	8,793	1,491	323	(40)	87,701
Impact on adoption of IFRS 16, Leases (IFRS 16) (Note 4)								(553)
Net premium (discount) on sale of treasury shares							(31)
Purchase of shares					(8,752)	(122)
Other comprehensive income (loss)	(51)	[1]										(51)
Other comprehensive income (loss)	564	[1]											564
Other comprehensive income (loss)	2,335	[1]												2,335
Issuance of stock options, net of options exercised (Note 23)			79
Redemption of shares				(150)
Sale of shares					8,756	124
Shares issued as a result of dividend reinvestment plan			838
Net income attributable to shareholders								11,895
Other comprehensive income (loss)	220	[1]													218
Other comprehensive income (loss)																(225)
Common dividends									$ (5,614)	$ (267)
Allowance for credit losses	2	[1]													2
Reclassification of loss (gain) to retained earnings																13
Purchase of shares for cancellation and other			(143)
Other							(5)
Net premium on repurchase of common shares, redemption of preferred shares, and other								(710)
Actuarial gains (losses) on employee benefit plans	(390)	[1]						(390)
Realized gains (losses) on equity securities designated at fair value through other comprehensive income								(13)
Balance at end of period at Oct. 31, 2020	$ 95,499		$ 22,487	$ 5,650	$ (37)	$ (4)	$ 121	$ 53,845			$ 13,437	$ (37)	$ 9,357	$ 3,826	$ 543	$ (252)	$ 95,499
[1]	The amounts are net of income tax provisions (recoveries) presented in the following table.

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Cash flows from (used in) operating activities
Net income before income taxes, including equity in net income of an investment in TD Ameritrade	$ 13,047	$ 14,421	$ 14,516
Adjustments to determine net cash flows from (used in) operating activities
Provision for credit losses (Note 8)	7,242	3,029	2,480
Depreciation (Note 15)	1,324	605	576
Amortization of other intangibles	817	800	815
Net securities losses (gains) (Note 7)	(40)	(78)	(111)
Deferred taxes (Note 25)	(1,065)	(33)	385
Changes in operating assets and liabilities
Interest receivable and payable (Notes 16, 18)	(108)	(26)	(104)
Securities sold under repurchase agreements	63,020	32,467	4,798
Securities purchased under reverse repurchase agreements	(3,227)	(38,556)	7,050
Securities sold short	5,343	(9,822)	3,996
Trading loans and securities	(2,318)	(18,103)	(24,065)
Loans net of securitization and sales	(39,641)	(41,693)	(45,620)
Deposits	240,648	(52,281)	53,379
Derivatives	(2,196)	9,883	(3,745)
Non-trading financial assets at fair value through profit or loss	(2,045)	(2,397)	5,257
Financial assets and liabilities designated at fair value through profit or loss	(46,165)	104,693	(460)
Securitization liabilities	2,342	(157)	(1,532)
Current taxes	280	(771)	(780)
Brokers, dealers, and clients amounts receivable and payable	(1,979)	1,726	(1,435)
Other	(869)	(2,244)	(8,964)
Net cash from (used in) operating activities	231,786	271	5,693
Cash flows from (used in) financing activities
Issuance of subordinated notes and debentures (Note 19)	3,000	1,749	1,750
Redemption or repurchase of subordinated notes and debentures (Note 19)	(2,530)	24	(2,468)
Common shares issued (Note 21)	68	105	128
Preferred shares issued (Note 21)		791	740
Repurchase of common shares (Note 21)	(847)	(2,235)	(1,501)
Redemption of preferred shares (Note 21)	(156)		(500)
Redemption of non-controlling interests in subsidiaries (Note 21)		(1,000)
Sale of treasury shares (Note 21)	8,849	10,015	8,454
Purchase of treasury shares (Note 21)	(8,874)	(9,933)	(8,424)
Dividends paid	(5,043)	(5,157)	(4,634)
Distributions to non-controlling interests in subsidiaries		(11)	(72)
Repayment of lease liabilities1	(596)
Net cash from (used in) financing activities	(6,129)	(5,652)	(6,527)
Cash flows from (used in) investing activities
Interest-bearing deposits with banks	(138,566)	5,137	20,465
Activities in financial assets at fair value through other comprehensive income (Note 7)
Purchases	(50,569)	(24,898)	(20,269)
Proceeds from maturities	49,684	37,835	30,101
Proceeds from sales	11,005	10,158	2,731
Activities in debt securities at amortized cost (Note 7)
Purchases	(146,703)	(51,202)	(51,663)
Proceeds from maturities	51,400	28,392	20,101
Proceeds from sales	1,391	1,418	670
Net purchases of land, buildings, equipment, and other depreciable assets	(1,757)	(794)	(587)
Net cash from (used in) investing activities	(224,115)	5,506	1,549
Effect of exchange rate changes on cash and due from banks	40	3	49
Net increase (decrease) in cash and due from banks	1,582	128	764
Cash and due from banks at beginning of year	4,863	4,735	3,971
Cash and due from banks at end of year	6,445	4,863	4,735
Supplementary disclosure of cash flows from operating activities
Amount of income taxes paid (refunded) during the year	2,285	3,589	3,535
Amount of interest paid during the year	10,287	17,958	13,888
Amount of interest received during the year	34,076	40,315	34,789
Amount of dividends received during the year	1,675	1,584	1,202
TD Ameritrade [member]
Adjustments to determine net cash flows from (used in) operating activities
Equity in net income of an investment in TD Ameritrade (Note 12)	(1,133)	(1,192)	$ (743)
Net gain on sale of the investment in TD Ameritrade (Note 12)	$ (1,491)
Net cash acquired from (paid for) divestitures, acquisitions, and the purchase of TD Ameritrade shares [member]
Activities in debt securities at amortized cost (Note 7)
Net cash acquired from (paid for) divestitures and acquisitions (Note 13)		$ (540)

IFRS 7 Disclosure

IFRS 7 Disclosure	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
IFRS 7 Disclosure	The shaded areas of this MD&A represent a discussion on risk management policies and procedures relating to credit, market, and liquidity risks as required under IFRS 7, Financial Instruments: Disclosures Credit Risk Credit risk is the risk of loss if a borrower or counterparty in a transaction fails to meet its agreed payment obligations. Credit risk is one of the most significant and pervasive risks in banking. Every loan, extension of credit, or transaction that involves the transfer of payments between the Bank and other parties or financial institutions exposes the Bank to some degree of credit risk. The Bank’s primary objective is to be methodical in its credit risk assessment so that the Bank can understand, select, and manage its exposures to reduce significant fluctuations in earnings. The Bank’s strategy is to include central oversight of credit risk in each business, and reinforce a culture of transparency, accountability, independence, and balance. WHO MANAGES CREDIT RISK The responsibility for credit risk management is enterprise-wide. To reinforce ownership of credit risk, credit risk control functions are integrated into each business, but also report to Risk Management. Each business segment’s credit risk control unit is responsible for its credit decisions and must comply with established policies, exposure guidelines, credit approval limits, and policy/limit exception procedures. It must also adhere to established enterprise-wide standards of credit assessment and obtain Risk Management’s approval for credit decisions beyond its discretionary authority. Risk Management is accountable for oversight of credit risk by developing policies that govern and control portfolio risks, and approval of product-specific policies, as required. The Risk Committee oversees the management of credit risk and annually approves certain significant credit risk policies. HOW TD MANAGES CREDIT RISK The Bank’s Credit Risk Management Framework outlines the internal risk and control structure to manage credit risk and includes risk appetite, policies, processes, limits and governance. The Credit Risk Management Framework is maintained by Risk Management and supports alignment with the Bank’s risk appetite for credit risk. Credit risk policies and credit decision-making strategies, as well as the discretionary limits of officers throughout the Bank for extending lines of credit are centrally approved by Risk Management, and the Board where applicable. Limits are established to monitor and control country, industry, product, geographic, and group exposure risks in the portfolios in accordance with enterprise-wide policies. In the Bank’s Retail businesses, the Bank uses established underwriting guidelines (which include collateral and loan-to-value The Bank’s Commercial Banking and Wholesale Banking businesses use credit risk models and policies to establish borrower and facility risk ratings (FRR), quantify and monitor the level of risk, and facilitate the associated risk management. Risk ratings are also used to determine the amount of credit exposure the Bank is willing to extend to a particular borrower. Management processes are used to monitor country, industry, and borrower or counterparty risk ratings, which include daily, monthly, quarterly, and annual review requirements for credit exposures. The key parameters used in the Bank’s credit risk models are monitored on an ongoing basis. Unanticipated economic or political changes in a foreign country could affect cross-border payments for goods and services, loans, dividends, and trade-related As part of the Bank’s credit risk strategy, the Bank sets limits on the amount of credit it is prepared to extend to specific industry sectors. The Bank monitors its concentration to any given industry to provide for a diversified loan portfolio and to reduce the risk of undue concentration. The Bank manages this risk using limits based on an internal risk rating score that combines TD’s industry risk rating model and industry analysis, and regularly reviews industry risk ratings to assess whether internal ratings properly reflect the risk of the industry. The Bank assigns a maximum exposure limit or a concentration limit to each major industry segment which is a percentage of its total wholesale and commercial private sector exposure. The Bank may also set limits on the amount of credit it is prepared to extend to a particular entity or group of entities, also referred to as “entity risk”. All entity risk is approved by the appropriate decision-making authority using limits based on the entity’s borrower risk rating (BRR) and, for certain portfolios, the risk rating of the industry in which the entity operates. This exposure is monitored on a regular basis. The Bank may also use credit derivatives to mitigate borrower-specific exposure as part of its portfolio risk management techniques. To determine the potential loss that could be incurred under a range of adverse scenarios, the Bank subjects its credit portfolios to stress tests. Stress tests assess vulnerability of the portfolios to the effects of severe but plausible situations, such as an economic downturn or a material market disruption. The Basel Framework The objective of the Basel Framework is to improve the consistency of capital requirements internationally and make required regulatory capital more risk-sensitive. The Basel Framework sets out several options which represent increasingly more risk-sensitive approaches for calculating credit, market, and operational RWA. Credit Risk and the Basel Framework The Bank received approval from OSFI to use the Basel AIRB Approach for credit risk, effective November 1, 2007, with certain exemptions. Effective the third quarter of 2020, OSFI approved the use of the AIRB approach for the non-retail To continue to qualify using the AIRB Approach for credit risk, the Bank must meet the ongoing conditions and requirements established by OSFI and the Basel Framework. The Bank regularly assesses its compliance with these requirements. Credit Risk Exposures Subject to the AIRB Approach Banks that adopt the AIRB Approach to credit risk must report credit risk exposures by counterparty type, each having different underlying risk characteristics. These counterparty types may differ from the presentation in the Bank’s 2020 Consolidated Financial Statements. The Bank’s credit risk exposures are divided into two main portfolios, retail and non-retail. Risk Parameters Under the AIRB Approach, credit risk is measured using the following risk parameters: • Probability of default (PD) – the likelihood that the borrower will not be able to meet its scheduled repayments within a one-year time horizon. • Loss given default (LGD) – the amount of loss the Bank would likely incur when a borrower defaults on a loan, which is expressed as a percentage of exposure at default (EAD). • EAD – the total amount the Bank is exposed to at the time of default. By applying these risk parameters, the Bank can measure and monitor its credit risk to verify that it remains within pre-determined Retail Exposures In the retail portfolio, including individuals and small businesses, the Bank manages exposures on a pooled basis, using predictive credit scoring techniques. There are three sub-types The Bank calculates RWA for its retail exposures using the AIRB Approach. All retail PD, LGD, and EAD parameter models are based exclusively on the internal default and loss performance history for each of the three retail exposure sub-types. Account-level PD, LGD, and EAD models are built for each product portfolio and calibrated based on the observed account-level default and loss performance for the portfolio. Consistent with the AIRB Approach, the Bank defines default for exposures as delinquency of 90 days or more for the majority of retail credit portfolios. LGD estimates used in the RWA calculations reflect economic losses, such as, direct and indirect costs as well as any appropriate discount to account for time between default and ultimate recovery. EAD estimates reflect the historically observed utilization of credit limits at default. PD, LGD, and EAD models are calibrated using established statistical methods, such as logistic and linear regression techniques. Predictive attributes in the models may include account attributes, such as loan size, interest rate, and collateral, where applicable; an account’s previous history and current status; an account’s age on book; a customer’s credit bureau attributes; and a customer’s other holdings with the Bank, and macroeconomic inputs, such as unemployment rate. For secured products such as residential mortgages, property characteristics, loan-to-value All risk parameter estimates are updated on a quarterly basis based on the refreshed model inputs. Parameter estimation is fully automated based on approved formulas and is not subject to manual overrides. Exposures are then assigned to one of nine pre-defined long-run one-year The predictive power of the Bank’s retail credit models is assessed against the most recently available one-year Long-run long-run LGD estimates are required to reflect a downturn scenario. Downturn LGD estimates are generated by using macroeconomic inputs, such as changes in housing prices and unemployment rates expected in an appropriately severe downturn scenario. For unsecured products, downturn LGD estimates reflect the observed lower recoveries for exposures defaulted during the 2008 to 2009 recession. For products secured by residential real estate, such as mortgages and home equity lines of credit, downturn LGD reflects the potential impact of a severe housing downturn. EAD estimates similarly reflect a downturn scenario. The following table maps PD ranges to risk levels: Risk Assessment PD Segment PD Range Low Risk 1 0.00 to 0.15% Normal Risk 2 3 0.16 to 0.41 0.42 to 1.10 Medium Risk 4 5 1.11 to 2.93 2.94 to 4.74 High Risk 6 7 8 4.75 to 7.59 7.60 to 18.24 18.25 to 99.99 Default 9 100.00 Non-Retail In the non-retail non-retail non-retail. The Bank evaluates credit risk for non-retail Internal risk ratings (BRR and FRR) are key to portfolio monitoring and management, and are used to set exposure limits and loan pricing. Internal risk ratings are also used in the calculation of regulatory capital, economic capital, and allowance for credit losses. Borrower Risk Rating and PD Each borrower is assigned a BRR that reflects the PD of the borrower using proprietary models and expert judgment. In assessing borrower risk, the Bank reviews the borrower’s competitive position, financial performance, economic, and industry trends, management quality, and access to funds. Under the AIRB Approach, borrowers are grouped into BRR grades that have similar PD. Use of projections for model implied risk ratings is not permitted and BRRs may not incorporate a projected reversal, stabilization of negative trends, or the acceleration of existing positive trends. Historic financial results can however be sensitized to account for events that have occurred, or are about to occur, such as additional debt incurred by a borrower since the date of the last set of financial statements. In conducting an assessment of the BRR, all relevant and material information must be taken into account and the information being used must be current. Quantitative rating models are used to rank the expected through-the-cycle To calibrate PDs for each BRR band, the Bank computes yearly transition matrices based on annual cohorts and then estimates the average annual PD for each BRR. The PD is set at the average estimation level plus an appropriate adjustment to cover statistical and model uncertainty. The calibration process for PD is a through-the-cycle 21-point Description Rating Category Standard & Poor’s Moody’s Investor Services Investment grade 0 to 1C AAA to AA- Aaa to Aa3 2A to 2C A+ to A- A1 to A3 3A to 3C BBB+ to BBB- Baa1 to Baa3 Non-investment 4A to 4C BB+ to BB- Ba1 to Ba3 5A to 5C B+ to B- B1 to B3 Watch and classified 6 to 8 CCC+ to CC and below Caa1 to Ca and below Impaired/default 9A to 9B Default Default Facility Risk Rating and LGD The FRR maps to LGD and takes into account facility-specific characteristics such as collateral, seniority ranking of debt, and loan structure. Different FRR models are used based on industry and obligor size. Data considered in the calibration of the LGD model includes variables such as collateral coverage, debt structure, and borrower enterprise value. Average LGD and the statistical uncertainty of LGD are estimated for each FRR grade. In some FRR models, lack of historical data requires the model to output a rank-ordering which is then mapped through expert judgment to the quantitative LGD scale. The AIRB Approach stipulates the use of downturn LGD, where the downturn period, as determined by internal and/or external experience, suggests higher than average loss rates or lower than average recovery. To reflect this, calibrated LGDs take into account both the statistical estimation uncertainty and the higher than average LGDs experienced during downturn periods. Exposure at Default The Bank calculates non-retail BRR and drawn ratio up to one-year Historical UGD experience is studied for any downturn impacts, similar to the LGD downturn analysis. The Bank has not found downturn UGD to be significantly different from average UGD, therefore the UGDs are set at the average calibrated level, by drawn ratio and/or BRR, plus an appropriate adjustment for statistical and model uncertainty. Credit Risk Exposures Subject to the Standardized Approach (SA) Currently SA to credit risk is used on exempted portfolios which are either immaterial or expected to wind down. Under SA, the assets are multiplied by risk weights prescribed by OSFI to determine RWA. These risk weights are assigned according to certain factors including counterparty type, product type, and the nature/extent of credit risk mitigation. The Bank uses external credit ratings, including Moody’s and S&P to determine the appropriate risk weight for its exposures to sovereigns (governments, central banks, and certain public sector entities) and banks (regulated deposit-taking institutions, securities firms, and certain public sector entities). The Bank applies the following risk weights to on-balance Sovereign 0 % 1 Bank 20 % 1 Corporate 100 % 1 The risk weight may vary according to the external risk rating. Lower risk weights apply where approved credit risk mitigants exist. Non-retail off-balance Derivative Exposures Credit risk on derivative financial instruments, also known as counterparty credit risk, is the risk of a financial loss occurring as a result of the failure of a counterparty to meet its obligation to the Bank. The Bank uses the standardized approach for counterparty credit risk to calculate the EAD amount, which is defined by OSFI as a multiple of the summation of replacement cost and potential future exposure, to estimate the risk and determine regulatory capital requirements for derivative exposures. The Counterparty Credit Risk group within Capital Markets Risk Management is responsible for estimating and managing counterparty credit risk in accordance with credit policies established by Risk Management. The Bank uses various qualitative and quantitative methods to measure and manage counterparty credit risk. These include statistical methods to measure the current and future potential risk, as well as ongoing stress testing to identify and quantify exposure to extreme events. The Bank establishes various limits, including gross notional limits, to manage business volumes and concentrations. It also regularly assesses market conditions and the valuation of underlying financial instruments. Counterparty credit risk may increase during periods of receding market liquidity for certain instruments. Capital Markets Risk Management meets regularly with Market and Credit Risk Management and Trading businesses to discuss how evolving market conditions may impact the Bank’s market risk and counterparty credit risk. The Bank actively engages in risk mitigation strategies through the use of multi-product derivative master netting agreements, collateral pledging and other credit risk mitigation techniques. The Bank also executes certain derivatives through a central clearing house which reduces counterparty credit risk to bilateral counterparts due to the ability to net offsetting positions amongst counterparty participants that settle within clearing houses. Derivative-related credit risks are subject to the same credit approval, limit, monitoring, and exposure guideline standards that the Bank uses for managing other transactions that create credit risk exposure. These standards include evaluating the creditworthiness of counterparties, measuring and monitoring exposures, including wrong-way There are two types of wrong-way wrong-way wrong-way wrong-way As part of the credit risk monitoring process, management meets on a periodic basis to review all exposures, including exposures resulting from derivative financial instruments to higher risk counterparties. As at October 31, 2020, after taking into account risk mitigation strategies, the Bank does not have material derivative exposure to any counterparty considered higher risk as defined by the Bank’s credit policies. In addition, the Bank does not have a material credit risk valuation adjustment to any specific counterparty. Validation of the Credit Risk Rating System Credit risk rating systems and methodologies are independently validated on a regular basis to verify that they remain accurate predictors of risk. The validation process includes the following considerations: • Risk parameter estimates – PDs, LGDs, and EADs are reviewed and updated against actual loss experience to verify that estimates continue to be reasonable predictors of potential loss. • Model performance – Estimates continue to be discriminatory, stable, and predictive. • Data quality – Data used in the risk rating system is accurate, appropriate, and sufficient. • Assumptions – Key assumptions underlying the development of the model remain valid for the current portfolio and environment. Risk Management verifies that the credit risk rating system complies with the Bank’s Model Risk Policy. At least annually, the Risk Committee is informed of the performance of the credit risk rating system. The Risk Committee must approve any material changes to the Bank’s credit risk rating system. Credit Risk Mitigation The techniques the Bank uses to reduce or mitigate credit risk include written policies and procedures to value and manage financial and non-financial In the retail and commercial banking businesses, security for loans is primarily non-financial Non-investment The Bank also uses collateral and master netting agreements to mitigate derivative counterparty exposure. Security for derivative exposures is primarily financial and includes cash and negotiable securities issued by highly rated governments and investment grade issuers. This approach includes pre-defined In all but exceptional situations, the Bank secures collateral by taking possession and controlling it in a jurisdiction where it can legally enforce its collateral rights. In exceptional situations and when demanded by the Bank’s counterparty, the Bank holds or pledges collateral with an acceptable third-party custodian. The Bank documents all such third-party Occasionally, the Bank may take guarantees to reduce the risk in credit exposures. For credit risk exposures subject to the AIRB approach, the Bank only recognizes irrevocable guarantees for Commercial Banking and Wholesale Banking credit exposures that are provided by entities with a better risk rating than that of the borrower or counterparty to the transaction. The Bank makes use of credit derivatives to mitigate credit risk. The credit, legal, and other risks associated with these transactions are controlled through well-established procedures. The Bank’s policy is to enter into these transactions with investment grade financial institutions and transact on a collateralized basis. Credit risk to these counterparties is managed through the same approval, limit, and monitoring processes the Bank uses for all counterparties for which it has credit exposure. The Bank uses appraisals and automated valuation models (AVMs) to support property values when adjudicating loans collateralized by residential real property. AVMs are computer-based tools used to estimate or validate the market value of residential real property using market comparables and price trends for local market areas. The primary risk associated with the use of these tools is that the value of an individual property may vary significantly from the average for the market area. The Bank has specific risk management guidelines addressing the circumstances when they may be used, and processes to periodically validate AVMs including obtaining third-party appraisals. Other Credit Risk Exposures Non-trading Prior to the fourth quarter of 2020, the Bank’s non-trading non-trading Securitization Exposures Effective November 1, 2018, the Bank applies risk weights to all securitization exposures under the revised securitization framework published by OSFI. The revised securitization framework includes a hierarchy of approaches to determine capital treatment, and transactions that meet the simple, transparent, and comparable requirements that are eligible for preferential capital treatment. For externally rated exposures, the Bank uses an External Ratings-Based Approach (SEC-ERBA). SEC-ERBA For exposures that are not externally rated and are held by an ABCP issuing conduit, the Bank uses the Internal Assessment Approach (IAA). Under the IAA, the Bank considers all relevant risk factors in assessing the credit quality of these exposures, including those published by the Moody’s and S&P rating agencies. The Bank also uses loss coverage models and policies to quantify and monitor the level of risk, and facilitate its management. The Bank’s IAA process includes an assessment of the extent by which the enhancement available for loss protection provides coverage of expected losses. The levels of stressed coverage the Bank requires for each internal risk rating are consistent with the rating agencies’ published stressed factor requirements for equivalent external ratings by asset class. Under the IAA, exposures are multiplied by OSFI prescribed risk weights to calculate RWA for capital purposes. For exposures that are not externally rated and are not held by an ABCP-issuing conduit, the Bank uses the Standardized Approach (SEC-SA). SEC-SA, Irrespective of the approach being used to determine the risk weights, all exposures are assigned an internal risk rating based on the Bank’s assessment, which must be reviewed at least annually. The ratings scale TD uses corresponds to the long-term ratings scales used by the rating agencies. The Bank’s internal rating process is subject to all of the key elements and principles of the Bank’s risk governance structure, and is managed in the same way as outlined in this “Credit Risk” section. The Bank uses the results of the internal rating in all aspects of its credit risk management, including performance tracking, control mechanisms, and management reporting. Market Risk Trading Market Risk is the risk of loss in financial instruments held in trading positions due to adverse movements in market factors. These market factors include interest rates, foreign exchange rates, equity prices, commodity prices, credit spreads, and their respective volatilities. Non-Trading non-trading The Bank is exposed to market risk in its trading and investment portfolios, as well as through its non-trading non-trading The Bank complied with the Basel III market risk requirements as at October 31, 2020, using the Internal Models Approach. MARKET RISK IN TRADING ACTIVITIES The overall objective of the Bank’s trading businesses is to provide wholesale banking services, including facilitation and liquidity, to clients of the Bank. The Bank must take on risk in order to provide effective service in markets where its clients trade. In particular, the Bank needs to hold inventory, act as principal to facilitate client transactions, and underwrite new issues. The Bank also trades in order to have in-depth WHO MANAGES MARKET RISK IN TRADING ACTIVITIES Primary responsibility for managing market risk in trading activities lies with Wholesale Banking, with oversight from Market Risk Control within Risk Management. The Market Risk Control Committee meets regularly to conduct a review of the market risk profile, trading results of the Bank’s trading businesses as well as changes to market risk policies. The committee is chaired by the Senior Vice President, Market Risk and Model Development, and includes Wholesale Banking senior management. There were no significant reclassifications between trading and non-trading HOW TD MANAGES MARKET RISK IN TRADING ACTIVITIES Market risk plays a key part in the assessment of any trading business strategy. The Bank launches new trading initiatives or expands existing ones only if the risk has been thoroughly assessed, and is judged to be within the Bank’s risk appetite and business expertise, and if the appropriate infrastructure is in place to monitor, control, and manage the risk. The Trading Market Risk Framework outlines the management of trading market risk and incorporates risk appetite, risk governance structure, risk identification, measurement, and control. The Trading Market Risk Framework is maintained by Risk Management and supports alignment with the Bank’s Risk Appetite for trading market risk. Trading Limits The Bank sets trading limits that are consistent with the approved business strategy for each business and its tolerance for the associated market risk, aligned to its market risk appetite. In setting limits, the Bank takes into account market volatility, market liquidity, organizational experience, and business strategy. Limits are prescribed at the Wholesale Banking level in aggregate, as well as at more granular levels. The core market risk limits are based on the key risk drivers in the business and includes notional, credit spread, yield curve shift, price, and volatility limits. Another primary measure of trading limits is VaR, which the Bank uses to monitor and control overall risk levels and to calculate the regulatory capital required for market risk in trading activities. VaR measures the adverse impact that potential changes in market rates and prices could have on the value of a portfolio over a specified period of time. At the end of each day, risk positions are compared with risk limits, and any excesses are reported in accordance with established market risk policies and procedures. Calculating VaR The Bank computes total VaR on a daily basis by combining the General Market Risk (GMR) and Idiosyncratic Debt Specific Risk (IDSR) associated with its trading positions. GMR is determined by creating a distribution of potential changes in the market value of the current portfolio using historical simulation. The Bank values the current portfolio using the market price and rate changes of the most recent 259 trading days for equity, interest rate, foreign exchange, credit, and commodity products. GMR is computed as the threshold level that portfolio losses are not expected to exceed more than one out of every 100 trading days. A one-day IDSR measures idiosyncratic (single-name) credit spread risk for credit exposures in the trading portfolio using Monte Carlo simulation. The IDSR model is based on the historical behaviour of five-year idiosyncratic credit spreads. Similar to GMR, IDSR is computed as the threshold level that portfolio losses are not expected to exceed more than one out of every 100 trading days. IDSR is measured for a ten-day The following graph discloses daily one-day VaR is a valuable risk measure but it should be used in the context of its limitations, for example: • VaR uses historical data to estimate future events, which limits its forecasting abilities; • it does not provide information on losses beyond the selected confidence level; and • it assumes that all positions can be liquidated during the holding period used for VaR calculation. The Bank continuously improves its VaR methodologies and incorporates new risk measures in line with market conventions, industry best practices, and regulatory requirements. In 2020, the Bank implemented infrastructure enhancements that provided for improvements to its interest rate and foreign exchange VaR modelling. To mitigate some of the shortcomings of VaR, the Bank uses additional metrics designed for risk management and capital purposes. These include Stressed VaR, Incremental Risk Charge (IRC), Stress Testing Framework, as well as limits based on the sensitivity to various market risk factors. Calculating Stressed VaR (SVaR) In addition to VaR, the Bank also calculates Stressed VaR, which includes Stressed GMR and Stressed IDSR. Stressed VaR is designed to measure the adverse impact that potential changes in market rates and prices could have on the value of a portfolio over a specified period of stressed market conditions. Stressed VaR is determined using similar techniques and assumptions in GMR and IDSR VaR. However, instead of using the most recent 259 trading days (one year), the Bank uses a selected year of stressed market conditions. In the fourth quarter of fiscal 2020, Stressed VaR was calculated using the one-year COVID-19 one-year bi-weekly Calculating the Incremental Risk Charge (IRC) The IRC is applied to all instruments in the trading book subject to migration and default risk. Migration risk represents the risk of changes in the credit ratings of the Bank’s exposures. The Bank applies a Monte Carlo simulation with a one-year The following table presents the end of year, average, high, and low usage of TD’s portfolio metrics. TABLE 44: PORTFOLIO MARKET RISK MEASURES (millions of Canadian dollars) 2020 2019 As at Average High Low As at Average High Low Interest rate risk $ 20.6 $ 19.1 $ 36.8 $ 7.6 $ 8.6 $ 9.4 $ 17.2 $ 4.3 Credit spread risk 37.3 35.1 109.3 6.9 13.8 13.2 22.5 7.5 Equity risk 12.0 12.7 42.8 3.5 7.1 6.5 11.5 3.6 Foreign exchange risk 4.0 3.9 10.4 0.9 4.3 4.7 10.2 1.0 Commodity risk 3.8 3.7 7.9 1.2 2.2 2.1 4.8 1.0 Idiosyncratic debt specific risk 48.9 37.0 69.5 10.9 16.5 15.6 23.5 10.6 Diversification effect 1 (75.2 ) (64.9 ) n/m 2 n/m (32.1 ) (30.3 ) n/m n/m Total Value-at-Risk (one-day) 51.4 46.6 118.8 15.1 20.4 21.2 31.8 13.6 Stressed Value-at-Risk (one-day) 49.5 57.4 126.9 31.3 51.5 47.9 84.4 33.4 Incremental Risk Capital Charge (one-year) 301.6 325.2 482.9 164.8 230.7 225.0 279.6 173.1 1 The aggregate VaR is less than the sum of the VaR of the different risk types due to risk offsets resulting from portfolio diversification. 2 Not meaningful. It is not meaningful to compute a diversification effect because the high and low may occur on different days for different risk types. In March 2020, the COVID-19 259-day The Bank has effectively managed the market risk by maintaining stable risk exposures, with daily trading net revenue losses exceeding daily VaR in only a few instances amidst significant market volatility during the year. Average VaR and Average Stressed VaR increased compared to prior year. This was mainly due to an increase in the credit spread risk and equity risk due to credit spreads widening and significant equity market volatility experienced during the Covid-19 Average IRC increased year over year driven by widening credit spreads due to Government and Corporate bond positions. Validation of VaR Model The Bank uses a back-testing process to compare the actual and theoretical profit and losses to VaR to verify that they are consistent with the statistical results of the VaR model. The theoretical profit or loss is generated using the daily price movements on the assumption that there is no change in the composition of the portfolio. Validation of the IRC model must follow a different approach since the one-year Stress Testing The Bank’s trading business is subject to an overall global stress test limit. In addition, global businesses have stress test limits, and each broad risk class has an overall stress test threshold. Stress scenarios are designed to model extreme economic events, replicate worst-case historical experiences, or introduce severe, but plausible, hypothetical changes in key market risk factors. The stress testing program

Nature of Operations

Nature of Operations	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Nature of Operations	NOTE 1: NATURE OF OPERATIONS CORPORATE INFORMATION The Toronto-Dominion Bank is a bank chartered under the Bank Act Bank Act BASIS OF PREPARATION The accompanying Consolidated Financial Statements and accounting principles followed by the Bank have been prepared in accordance with International Financial Reporting Standards (IFRS), as issued by the International Accounting Standards Board (IASB), including the accounting requirements of the Office of the Superintendent of Financial Institutions Canada (OSFI). The Consolidated Financial Statements are presented in Canadian dollars, unless otherwise indicated. These Consolidated Financial Statements were prepared using the accounting policies as described in Notes 2 and 4. Certain comparative amounts have been revised to conform with the presentation adopted in the current period. The preparation of the Consolidated Financial Statements requires that management make estimates, assumptions, and judgments regarding the reported amount of assets, liabilities, revenue and expenses, and disclosure of contingent assets and liabilities, as further described in Note 3. Accordingly, actual results may differ from estimated amounts as future confirming events occur. The accompanying Consolidated Financial Statements of the Bank were approved and authorized for issue by the Bank’s Board of Directors, in accordance with a recommendation of the Audit Committee, on December 2, 2020. Certain disclosures are included in the shaded sections of the “Managing Risk” section of the accompanying 2020 Management’s Discussion and Analysis (MD&A), as permitted by IFRS, and form an integral part of the Consolidated Financial Statements.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Significant Accounting Policies	NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF CONSOLIDATION The Consolidated Financial Statements include the assets, liabilities, results of operations, and cash flows of the Bank and its subsidiaries including certain structured entities which it controls. The Bank’s Consolidated Financial Statements have been prepared using uniform accounting policies for like transactions and events in similar circumstances. All intercompany transactions, balances, and unrealized gains and losses on transactions are eliminated on consolidation. Subsidiaries Subsidiaries are corporations or other legal entities controlled by the Bank, generally through directly holding more than half of the voting power of the entity. Control of subsidiaries is determined based on the power exercisable through ownership of voting rights and is generally aligned with the risks and/or returns (collectively referred to as “variable returns”) absorbed from subsidiaries through those voting rights. As a result, the Bank controls and consolidates subsidiaries when it holds the majority of the voting rights of the subsidiary, unless there is evidence that another investor has control over the subsidiary. The existence and effect of potential voting rights that are currently exercisable or convertible are considered in assessing whether the Bank controls an entity. Subsidiaries are consolidated from the date the Bank obtains control and continue to be consolidated until the date when control ceases to exist. The Bank may consolidate certain subsidiaries where it owns 50% or less of the voting rights. Most of those subsidiaries are structured entities as described in the following section. Structured Entities Structured entities are entities that are created to accomplish a narrow and well-defined objective. Structured entities may take the form of a corporation, trust, partnership, or unincorporated entity. They are often created with legal arrangements that impose limits on the decision-making • The Bank has the power to direct the activities of the structured entity that have the most significant impact on the entity’s risks and/or returns; • The Bank is exposed to significant variable returns arising from the entity; and • The Bank has the ability to use its power to affect the risks and/or returns to which it is exposed. Consolidation conclusions are reassessed at the end of each financial reporting period. The Bank’s policy is to consider the impact on consolidation of all significant changes in circumstances, focusing on the following: • Substantive changes in ownership, such as the purchase or disposal of more than an insignificant additional interest in an entity; • Changes in contractual or governance arrangements of an entity; • Additional activities undertaken, such as providing a liquidity facility beyond the original terms or entering into a transaction not originally contemplated; or • Changes in the financing structure of an entity. Investments in Associates and Joint Ventures Entities over which the Bank has significant influence are associates and entities over which the Bank has joint control are joint ventures. Significant influence is the power to participate in the financial and operating policy decisions of an investee, but is not control or joint control over these entities. Significant influence is presumed to exist where the Bank holds between 20% and 50% of the voting rights of an entity. Significant influence may also exist where the Bank holds less than 20% of the voting rights and has influence over financial and operating policy-making processes, through board representation and significant commercial arrangements. Associates and joint ventures are accounted for using the equity method of accounting. Investments in associates and joint ventures are carried on the Consolidated Balance Sheet initially at cost and increased or decreased to recognize the Bank's share of the profit or loss of the associate or joint venture, capital transactions, including the receipt of any dividends, and write-downs to reflect any impairment in the value of such entities. These increases or decreases, together with any gains and losses realized on disposition, are reported on the Consolidated Statement of Income. The carrying amount of the investments also includes the Bank's share of the investee's other comprehensive income or loss, which is reported in the relevant section of the Consolidated Statement of Comprehensive Income. At each balance sheet date, the Bank assesses whether there is any objective evidence that the investment in an associate or joint venture is impaired. The Bank calculates the amount of impairment as the difference between the higher of fair value or value-in-use and its carrying value. Non-controlling Interests When the Bank does not own all of the equity of a consolidated entity, the minority shareholders’ interest is presented on the Consolidated Balance Sheet as Non-controlling CASH AND DUE FROM BANKS Cash and due from banks consist of cash and amounts due from banks which are issued by investment grade financial institutions. These amounts are due on demand or have an original maturity of three months or less. REVENUE RECOGNITION Revenue is recognized at an amount that reflects the consideration the Bank expects to be entitled to in exchange for transferring services to a customer, excluding amounts collected on behalf of third parties. The Bank recognizes revenue when it transfers control of a good or a service to a customer at a point in time or over time. The determination of when performance obligations are satisfied requires the use of judgment. Refer to Note 3 for further details. The Bank identifies contracts with customers subject to IFRS 15, which create enforceable rights and obligations. The Bank determines the performance obligations based on distinct services promised to the customers in the contracts. The Bank’s contracts generally have a term of one year or less, consist of a single performance obligation, and the performance obligations generally reflect services. For each contract, the Bank determines the transaction price, which includes estimating variable consideration and assessing whether the price is constrained. Variable consideration is included in the transaction price to the extent that it is highly probable that a significant reversal of the amount will not occur when the uncertainty associated with the amount of variable consideration is subsequently resolved. As such, the estimate of the variable consideration is constrained until the end of the invoicing period. The uncertainty is generally resolved at the end of the reporting period and as such, no significant judgment is required when recognizing variable consideration in revenues. The Bank’s receipt of payment from customers generally occurs subsequent to the satisfaction of performance obligations or a short time thereafter. As such, the Bank has not recognized any material contract assets (unbilled receivables) or contract liabilities (deferred revenues) and there is no significant financing component associated with the consideration due to the Bank. When another party is involved in the transfer of services to a customer, an assessment is made to evaluate whether the Bank is the principal such that revenues are reported on a gross basis or the agent such that revenues are reported on a net basis. The Bank is the principal when it controls the services in the contract promised to the customer before they are transferred. Control is demonstrated by the Bank being primarily responsible for fulfilling the transfer of the services to the customer, having discretion in establishing pricing of the services, or both. Interest from interest-bearing assets and liabilities not measured at fair value through profit or loss is recognized as net interest income using the effective interest rate (EIR). EIR is the rate that discounts expected future cash flows for the expected life of the financial instrument to its carrying value. The calculation takes into account the contractual interest rate, along with any fees or incremental costs that are directly attributable to the instrument and all other premiums or discounts. Investment and securities services Investment and securities services income include asset management fees, administration and commission fees, and investment banking fees. The Bank recognizes asset management and administration fees based on time elapsed, which depicts the rendering of investment management and related services over time. The fees are primarily calculated based on average daily or point in time assets under management (AUM) or assets under administration (AUA) depending on the investment mandate. Commission fees include sales, trailer and brokerage commissions. Sales and brokerage commissions are generally recognized at a point in time when the transaction is executed. Trailer commissions are recognized over time and are generally calculated based on the average daily net asset value of the fund during the period. Investment banking fees include advisory fees and underwriting fees and are generally recognized at a point in time upon successful completion of the engagement. Credit fees Credit fees include liquidity fees, restructuring fees, letter of credit fees, and loan syndication fees. Liquidity, restructuring, and letter of credit fees are recognized in income over the period in which the service is provided. Loan syndication fees are generally recognized at a point in time upon completion of the financing placement. Service charges Service charges income is earned on personal and commercial deposit accounts and consists of account fees and transaction-based service charges. Account fees relate to account maintenance activities and are recognized in income over the period in which the service is provided. Transaction-based service charges are recognized as earned at a point in time when the transaction is complete. Card services Card services income includes interchange income as well as card fees such as annual and transactional fees. Interchange income is recognized at a point in time when the transaction is authorized and funded. Card fees are recognized as earned at the transaction date with the exception of annual fees, which are recognized over a twelve-month period. IFRS 9 FINANCIAL INSTRUMENTS The Bank applies IFRS 9, Financial Instruments Financial Instruments: Recognition and Measurement Financial Instruments: Disclosures Various interest rates and other indices that are deemed to be “benchmarks” (including Interbank Offered Rate (IBOR) benchmarks) have been, and continue to be, the subject of international regulatory guidance and proposals for reform. Following the announcement by the U.K. Financial Conduct Authority (FCA) on July 27, 2017 indicating that the FCA would no longer compel banks to submit rates for the calculation of London Interbank Offered Rate (LIBOR) post December 31, 2021, efforts to transition away from IBORs to alternative reference rates (ARRs) have been continuing in various jurisdictions. These developments, and the related uncertainty over the potential variance in the timing and manner of implementation in each jurisdiction, introduce risks that may have adverse consequences on the Bank, its clients and the financial services industry. Moreover, the replacement of the IBORs or other benchmark rates could result in market dislocation and have other adverse consequences for market participants. The Bank has adopted Interest Rate Benchmark Reform, Amendments to IFRS 9, IAS 39 and IFRS 7 Refer to Note 4 for details of Interest Rate Benchmark Reform – Phase 2, Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 Classification and Measurement of Financial Assets The Bank classifies its financial assets into the following categories: • Amortized cost; • Fair value through other comprehensive income (FVOCI); • Held-for-trading; • Non-trading fair value through profit or loss (FVTPL); and • Designated at FVTPL. The Bank recognizes financial assets on a settlement date basis, except for derivatives and securities, which are recognized on a trade date basis. Debt Instruments The classification and measurement for debt instruments is based on the Bank’s business models for managing its financial assets and whether the contractual cash flows represent solely payments of principal and interest (SPPI). Refer to Note 3 for judgment with respect to the determination of the Bank's business models and whether contractual cashflows represent SPPI. The Bank has determined its business models as follows: • Held-to-collect: the objective is to collect contractual cash flows; • Held-to-collect-and-sell: the objective is both to collect contractual cash flows and sell the financial assets; and • Held-for-sale and other business models: the objective is neither of the above. The Bank performs the SPPI test for financial assets held within the held-to-collect and held-to-collect-and-sell business models. If these financial assets have contractual cash flows which are inconsistent with a basic lending arrangement, they are classified as non-trading financial assets measured at FVTPL. In a basic lending arrangement, interest includes only consideration for time value of money, credit risk, other basic lending risks, and a reasonable profit margin. Debt Securities and Loans Measured at Amortized Cost Debt securities and loans held within a held-to-collect business model where their contractual cash flows pass the SPPI test are measured at amortized cost. The carrying amount of these financial assets is adjusted by an allowance for credit losses recognized and measured as described in the Impairment – Expected Credit Loss Model Debt Securities and Loans Measured at Fair Value through Other Comprehensive Income Debt securities and loans held within a held-to-collect-and-sell business model where their contractual cash flows pass the SPPI test are measured at FVOCI. Fair value changes are recognized in other comprehensive income, except for impairment gains or losses, interest income and foreign exchange gains and losses on the instrument’s amortized cost, which are recognized in the Consolidated Statement of Income. The expected credit loss (ECL) allowance is recognized and measured as described in the Impairment – Expected Credit Loss Model Financial Assets Held-for-Trading The held-for-sale business model includes financial assets held within a trading portfolio, which have been originated, acquired, or incurred principally for the purpose of selling in the near term, or if they form part of a portfolio of identified financial instruments that are managed together and for which there is evidence of short-term profit-taking. Financial assets held within this business model consist of trading securities, trading loans, as well as certain debt securities and financing-type physical commodities that are recorded as securities purchased under reverse repurchase agreements on the Consolidated Balance Sheet. Trading portfolio assets are accounted for at fair value, with changes in fair value as well as any gains or losses realized on disposal recognized in trading income (loss). Transaction costs are expensed as incurred. Dividends are recognized on the ex-dividend date and interest is recognized on an accrual basis. Both dividends and interest are included in interest income. Non-Trading Financial Assets Measured at Fair Value through Profit or Loss Non-trading financial assets measured at FVTPL include financial assets held within the held-for-sale and other business models, for example debt securities and loans managed on a fair value basis. Financial assets held within the held-to-collect or held-to-collect-and-sell business models that do not pass the SPPI test are also classified as non-trading financial assets measured at FVTPL. Changes in fair value as well as any gains or losses realized on disposal are recognized in income (loss) from non-trading financial instruments at FVTPL. Interest income from debt instruments is included in interest income on an accrual basis. Financial Assets Designated at Fair Value through Profit or Loss Debt instruments in a held-to-collect or held-to-collect-and-sell business model can be designated at initial recognition as measured at FVTPL, provided the designation can eliminate or significantly reduce an accounting mismatch that would otherwise arise from measuring these financial assets on a different basis. The FVTPL designation is available only for those financial instruments for which a reliable estimate of fair value can be obtained. Once financial assets are designated at FVTPL, the designation is irrevocable. Changes in fair value as well as any gains or losses realized on disposal are recognized in income (loss) from financial instruments designated at FVTPL. Interest income from these financial assets is included in interest income on an accrual basis. Customers’ Liability under Acceptances Acceptances represent a form of negotiable short-term debt issued by customers, which the Bank guarantees for a fee. Revenue is recognized on an accrual basis. The potential obligation of the Bank is reported as a liability under Acceptances on the Consolidated Balance Sheet. The Bank’s recourse against the customer in the event of a call on any of these commitments is reported as an asset of the same amount. Equity Instruments Equity investments are required to be measured at FVTPL, except where the Bank has elected at initial recognition to irrevocably designate an equity investment, held for purposes other than trading, at FVOCI. If such an election is made, the fair value changes, including any associated foreign exchange gains or losses, are recognized in other comprehensive income and are not subsequently reclassified to net income, including upon disposal. Realized gains and losses are transferred directly to retained earnings upon disposal. Consequently, there is no review required for impairment. Dividends will normally be recognized in interest income unless the dividends represent a recovery of part of the cost of the investment. Gains and losses on trading and non-trading equity investments measured at FVTPL are included in trading income (loss) and income (loss) from non-trading financial instruments at FVTPL, respectively. Classification and Measurement for Financial Liabilities The Bank classifies its financial liabilities into the following categories: • Held-for-trading; • Designated at FVTPL; and • Other liabilities. Financial Liabilities Held-for-Trading Financial liabilities are held within a trading portfolio if they have been incurred principally for the purpose of repurchasing in the near term, or form part of a portfolio of identified financial instruments that are managed together and for which there is evidence of a recent actual pattern of short-term profit-taking. Financial liabilities held-for-trading are primarily trading deposits, securitization liabilities at fair value, obligations related to securities sold short and certain obligations related to securities sold under repurchase agreements. Trading portfolio liabilities are accounted for at fair value, with changes in fair value as well as any gains or losses realized on disposal recognized in trading income (loss). Transaction costs are expensed as incurred. Interest is recognized on an accrual basis and included in interest expense. Financial Liabilities Designated at Fair Value through Profit or Loss Certain financial liabilities may be designated at FVTPL at initial recognition. To be designated at FVTPL, financial liabilities must meet one of the following criteria: (1) the designation eliminates or significantly reduces a measurement or recognition inconsistency; (2) the financial liabilities or a group of financial assets and financial liabilities are managed, and its performance is evaluated, on a fair value basis in accordance with a documented risk management or investment strategy; or (3) the instrument contains one or more embedded derivatives unless a) the embedded derivative does not significantly modify the cash flows that otherwise would be required by the contract, or b) it is clear with little or no analysis that separation of the embedded derivative from the financial instrument is prohibited. In addition, the FVTPL designation is available only for those financial instruments for which a reliable estimate of fair value can be obtained. Once financial liabilities are designated at FVTPL, the designation is irrevocable. Financial liabilities designated at FVTPL are carried at fair value on the Consolidated Balance Sheet, with changes in fair value as well as any gains or losses realized on disposal recognized in income (loss) from financial instruments designated at FVTPL, except for the amount of change in fair value attributable to changes in the Bank’s own credit risk, which is presented in other comprehensive income. Amounts recognized in other comprehensive income are not subsequently reclassified to net income upon derecognition of the financial liability; instead, they are transferred directly to retained earnings. Changes in fair value attributable to changes in the Bank’s own credit risk are measured as the difference between: (i) the period-over-period change in the present value of the expected cash flows using an all-in discount curve reflecting both the interest rate benchmark curve and the Bank’s own credit risk; and (ii) the period-over-period change in the present value of the same expected cash flows using a discount curve based solely on the interest rate benchmark curve. Certain deposits are designated at FVTPL. For loan commitments and financial guarantee contracts that are designated at FVTPL, the full change in fair value of the liability is recognized in income (loss) from financial instruments designated at FVTPL. Interest is recognized on an accrual basis in interest expense. Other Financial Liabilities Deposits Deposits, other than deposits included in a trading portfolio and deposits designated at FVTPL, are accounted for at amortized cost. Accrued interest on deposits is included in Other liabilities on the Consolidated Balance Sheet. Interest, including capitalized transaction costs, is recognized on an accrual basis using EIRM as Interest expense on the Consolidated Statement of Income. Subordinated Notes and Debentures Subordinated notes and debentures are accounted for at amortized cost. Accrued interest on subordinated notes and debentures is included in Other liabilities on the Consolidated Balance Sheet. Interest, including capitalized transaction costs, is recognized on an accrual basis using EIRM as Interest expense on the Consolidated Statement of Income. Reclassification of Financial Assets and Liabilities Financial assets and financial liabilities are not reclassified subsequent to their initial recognition, except for financial assets for which the Bank changes its business model for managing financial assets. Such reclassifications of financial assets are expected to be rare in practice. Impairment – Expected Credit Loss Model The ECL model applies to financial assets, including loans and debt securities measured at amortized cost, loans and debt securities measured at FVOCI, loan commitments, and financial guarantees that are not measured at FVTPL. The ECL model consists of three stages: Stage 1 – twelve-month ECLs for performing financial assets, Stage 2 – Lifetime ECLs for financial assets that have experienced a significant increase in credit risk since initial recognition, and Stage 3 – Lifetime ECLs for financial assets that are credit-impaired. ECLs are the difference between all the contractual cash flows that are due to the Bank in accordance with the contract and all the cash flows the Bank expects to receive, discounted at the original EIR. If a significant increase in credit risk has occurred since initial recognition, impairment is measured as lifetime ECLs. Otherwise, impairment is measured as twelve-month ECLs which represent the portion of lifetime ECLs that are expected to occur based on default events that are possible within twelve months after the reporting date. If credit quality improves in a subsequent period such that the increase in credit risk since initial recognition is no longer considered significant, the loss allowance reverts to being measured based on twelve-month ECLs. Significant Increase in Credit Risk For retail exposures, significant increase in credit risk is assessed based on changes in the twelve-month probability of default (PD) since initial recognition, using a combination of individual and collective information that incorporates borrower and account specific attributes and relevant forward-looking macroeconomic variables. For non-retail exposures, significant increase in credit risk is assessed based on changes in the internal risk rating (borrower risk ratings (BRR)) since initial recognition. Refer to the shaded areas of the “Managing Risk” section of the 2020 MD&A for further details on the Bank’s 21-point BRR scale to risk levels. The Bank defines default as delinquency of 90 days or more for most retail products and BRR 9 for non-retail exposures. Exposures are considered credit-impaired and migrate to Stage 3 when the definition of default is met or when there is objective evidence that there has been a deterioration of credit quality to the extent the Bank no longer has reasonable assurance as to the timely collection of the full amount of principal and interest. When assessing whether there has been a significant increase in credit risk since initial recognition of a financial asset, the Bank considers all reasonable and supportable information that is available without undue cost or effort about past events, current conditions, and forecast of future economic conditions. Refer to Note 3 for additional details. Measurement of Expected Credit Losses ECLs are measured as the probability-weighted present value of expected cash shortfalls over the remaining expected life of the financial instrument and consider reasonable and supportable information about past events, current conditions, and forecasts of future events and economic conditions that impact the Bank’s credit risk assessment. Expected life is the maximum contractual period the Bank is exposed to credit risk, including extension options for which the borrower has unilateral right to exercise. For certain financial instruments that include both a loan and an undrawn commitment, and the Bank’s contractual ability to demand repayment and cancel the undrawn commitment does not limit the Bank’s exposure to credit losses to the contractual notice period, ECLs are measured over the period the Bank is exposed to credit risk. For example, ECLs for credit cards are measured over the borrowers’ expected behavioural life, incorporating survivorship assumptions and borrower-specific attributes. The Bank leverages its Advanced Internal Ratings-Based (AIRB) models used for regulatory capital purposes and incorporates adjustments where appropriate to calculate ECLs. Forward-Looking Information and Expert Credit Judgment Forward-looking information is considered when determining significant increase in credit risk and measuring ECLs. Forward-looking macroeconomic factors are incorporated in the risk parameters as relevant. Qualitative factors that are not already considered in the modelling are incorporated by exercising expert credit judgment in determining the final ECLs. Refer to Note 3 for additional details. Modified Loans In cases where a borrower experiences financial difficulties, the Bank may grant certain concessionary modifications to the terms and conditions of a loan. Modifications may include payment deferrals, extension of amortization periods, rate reductions, principal forgiveness, debt consolidation, forbearance and other modifications intended to minimize the economic loss and to avoid foreclosure or repossession of collateral. The Bank has policies in place to determine the appropriate remediation strategy based on the individual borrower. If the Bank determines that a modification results in expiry of cash flows, the original asset is derecognized while a new asset is recognized based on the new contractual terms. Significant increase in credit risk is assessed relative to the risk of default on the date of modification. If the Bank determines that a modification does not result in derecognition, significant increase in credit risk is assessed based on the risk of default at initial recognition of the original asset. Expected cash flows arising from the modified contractual terms are considered when calculating ECLs for the modified asset. For loans that were modified while having lifetime ECLs, the loans can revert to having twelve-month ECLs after a period of performance and improvement in the borrower’s financial condition. Allowance for Loan Losses, Excluding Acquired Credit-Impaired (ACI) Loans The allowance for loan losses represents management’s calculation of probability-weighted ECLs in the lending portfolios, including any off-balance sheet exposures, at the balance sheet date. The allowance for loan losses for lending portfolios reported on the Consolidated Balance Sheet, which includes credit-related allowances for residential mortgages, consumer instalment and other personal, credit card, and business and government loans, is deducted from Loans on the Consolidated Balance Sheet. The allowance for loan losses for loans measured at FVOCI is presented on the Consolidated Statement of Changes in Equity. The allowance for loan losses for off-balance sheet instruments, which relates to certain guarantees, letters of credit, and undrawn lines of credit, is recognized in Other liabilities on the Consolidated Balance Sheet. Allowances for lending portfolios reported on the balance sheet and off-balance sheet exposures are calculated using the same methodology. The allowance is increased by the provision for credit losses and decreased by write-offs net of recoveries and disposals. Each quarter, allowances are reassessed and adjusted based on any changes in management’s estimate of ECLs. Loan losses on impaired loans in Stage 3 continue to be recognized by means of an allowance for loan losses until a loan is written off. A loan is written off against the related allowance for loan losses when there is no realistic prospect of recovery. Non-retail loans are generally written off when all reasonable collection efforts have been exhausted, such as when a loan is sold, when all security has been realized, or when all security has been resolved with the receiver or bankruptcy court. Non-real estate retail loans are generally written off when contractual payments are 180 days past due, or when a loan is sold. Real-estate secured retail loans are generally written off when the security is realized. The time period over which the Bank performs collection activities of the contractual amount outstanding of financial assets that are written off varies from one jurisdiction to another and generally spans between less than one year to five years. Allowance for Credit Losses on Debt Securities The allowance for credit losses on debt securities represents management’s calculation of probability-weighted ECLs. Debt securities measured at amortized cost are presented net of the allowance for credit losses on the Consolidated Balance Sheet. The allowance for credit losses on debt securities measured at FVOCI are presented on the Consolidated Statement of Changes in Equity. The allowance for credit losses is increased by the provision for credit losses and decreased by write-offs net of recoveries and disposals. Each quarter, allowances are reassessed and adjusted based on any changes in management’s estimate of ECLs. Acquired Performing Loans Acquired performing loans are initially measured at fair value, which considers incurred and expected future credit losses estimated at the acquisition date and also reflects adjustments based on the acquired loan’s interest rate in comparison to current market rates. On acquisition, twelve-month ECLs are recognized on the acquired performing loans, resulting in the carrying amount being lower than fair value. Acquired performing loans are subsequently accounted for at amortized cost based on their contractual cash flows and any acquisition related discount or premium, including credit-related discounts, is considered to be an adjustment to the loan yield and is recognized in inte

Significant Accounting Judgment

Significant Accounting Judgments, Estimates, and Assumptions	12 Months Ended
	Oct. 31, 2020
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Significant Accounting Judgments, Estimates, and Assumptions	The estimates used in the Bank’s accounting policies are essential to understanding its results of operations and financial condition. Some of the Bank’s policies require subjective, complex judgments and estimates as they relate to matters that are inherently uncertain. Changes in these judgments or estimates and changes to accounting standards and policies could have a materially adverse impact on the Bank’s Consolidated Financial Statements. The Bank has established procedures to ensure that accounting policies are applied consistently and that the processes for changing methodologies, determining estimates, and adopting new accounting standards are well-controlled and occur in an appropriate and systematic manner. CLASSIFICATION AND MEASUREMENT OF FINANCIAL ASSETS Business Model Assessment The Bank determines its business models based on the objective under which its portfolios of financial assets are managed. Refer to Note 2 for details on the Bank’s business models. In determining its business models, the Bank considers the following: • Management’s intent and strategic objectives and the operation of the stated policies in practice; • The primary risks that affect the performance of the business model and how these risks are managed; • How the performance of the portfolio is evaluated and reported to management; and • The frequency and significance of financial asset sales in prior periods, the reasons for such sales and the expected future sales activities. Sales in themselves do not determine the business model and are not considered in isolation. Instead, sales provide evidence about how cash flows are realized. A held-to-collect business model will be reassessed by the Bank to determine whether any sales are consistent with an objective of collecting contractual cash flows if the sales are more than insignificant in value or more than infrequent. Solely Payments of Principal and Interest Test In assessing whether contractual cash flows represent SPPI, the Bank considers the contractual terms of the instrument. This includes assessing whether the financial asset contains a contractual term that could change the timing or amount of contractual cash flows such that they would not be consistent with a basic lending arrangement. In making the assessment, the Bank considers the primary terms as follows and assesses if the contractual cash flows of the instruments continue to meet the SPPI test: • Performance-linked features; • Terms that limit the Bank’s claim to cash flows from specified assets (non-recourse terms); • Prepayment and extension terms; • Leverage features; and • Features that modify elements of the time value of money. IMPAIRMENT OF FINANCIAL ASSETS Significant Increase in Credit Risk For retail exposures, criteria for assessing significant increase in credit risk are defined at the appropriate product or portfolio level and vary based on the exposure’s credit risk at origination. The criteria include relative changes in PD, absolute PD backstop, and delinquency backstop when contractual payments are more than 30 days past due. Significant increase in credit risk since initial recognition has occurred when one of the criteria is met. For non-retail exposures, BRR is determined on an individual borrower basis using industry and sector specific credit risk models that are based on historical data. Current and forward-looking information that is specific to the borrower, industry, and sector is considered based on expert credit judgment. Criteria for assessing significant increase in credit risk are defined at the appropriate segmentation level and vary based on the BRR of the exposure at origination. Criteria include relative changes in BRR, absolute BRR backstop, and delinquency backstop when contractual payments are more than 30 days past due. Significant increase in credit risk since initial recognition has occurred when one of the criteria is met. Refer to the Impact of COVID-19 Measurement of Expected Credit Loss For retail exposures, ECLs are calculated as the product of PD, loss given default (LGD), and exposure at default (EAD) at each time step over the remaining expected life of the financial asset and discounted to the reporting date at the effective interest rate. PD estimates represent the forward-looking PD, updated quarterly based on the Bank’s historical experience, current conditions, and relevant forward-looking expectations over the expected life of the exposure to determine the lifetime PD curve. LGD estimates are determined based on historical charge-off events and recovery payments, current information about attributes specific to the borrower, and direct costs. Expected cash flows from collateral, guarantees, and other credit enhancements are incorporated in LGD if integral to the contractual terms. Relevant macroeconomic variables are incorporated in determining expected LGD. EAD represents the expected balance at default across the remaining expected life of the exposure. EAD incorporates forward-looking expectations about repayments of drawn balances and expectations about future draws where applicable. For non-retail exposures, ECLs are calculated based on the present value of cash shortfalls determined as the difference between contractual cash flows and expected cash flows over the remaining expected life of the financial instrument. Lifetime PD is determined by mapping the exposure’s BRR to forward-looking PD over the expected life. LGD estimates are determined by mapping the exposure’s facility risk rating (FRR) to expected LGD which takes into account facility-specific characteristics such as collateral, seniority ranking of debt, and loan structure. Relevant macroeconomic variables are incorporated in determining expected PD and LGD. Expected cash flows are determined by applying the expected LGD to the contractual cash flows to calculate cash shortfalls over the expected life of the exposure. Forward-Looking Information In calculating ECLs, the Bank employs internally developed models that utilize parameters for PD, LGD, and EAD. Forward-looking macroeconomic factors including at the regional level are incorporated in the risk parameters as relevant. Additional risk factors that are industry or segment specific are also incorporated, where relevant. Forward-looking macroeconomic forecasts are generated by TD Economics as part of the ECL process: A base economic forecast is accompanied with upside and downside estimates of realistically possible economic conditions. All macroeconomic forecasts are updated quarterly for each variable on a regional basis where applicable and incorporated as relevant into the quarterly modelling of base, upside and downside risk parameters used in the calculation of ECL scenarios and probability-weighted ECLs. Macroeconomic variables are statistically derived relative to the base forecast based on the historical distribution of each variable. TD Economics will apply judgment to recommend probability weights to each forecast on a quarterly basis. The proposed macroeconomic forecasts and probability weightings are subject to robust management review and challenge process by a cross-functional committee that includes representation from TD Economics, Risk, Finance, and Business. ECLs calculated under each of the three forecasts are applied against the respective probability weightings to determine the probability-weighted ECLs. Refer to the Impact of COVID-19 Expert Credit Judgment ECLs are recognized on initial recognition of the financial assets. Allowance for credit losses represents management’s best estimate of the risk of default and ECLs on the financial assets, including any off-balance sheet exposures, at the balance sheet date. Management exercises expert credit judgment in assessing if an exposure has experienced significant increase in credit risk since initial recognition and in determining the amount of ECLs at each reporting date by considering reasonable and supportable information that is not already included in the quantitative models. Refer to the Impact of COVID-19 Management’s judgment is used to determine the point within the range that is the best estimate for the qualitative component contributing to ECLs, based on an assessment of business and economic conditions, historical loss experience, loan portfolio composition, and other relevant indicators and forward-looking information that are not fully incorporated into the model calculation. Changes in these assumptions would have a direct impact on the provision for credit losses and may result in a change in the allowance for credit losses. Impact of COVID-19 As a result of COVID-19, there is a higher degree of uncertainty in determining reasonable and supportable forward-looking information used in assessing significant increase in credit risk and measuring ECLs. The Bank introduced relief programs in the second quarter that allow borrowers to temporarily defer payments of principal and/or interest on their loans and is supporting various government-assistance programs which reduce the Bank’s exposure to expected losses. Under these retail and non-retail programs and notwithstanding any other changes in credit risk, opting into a payment deferral program does not in and of itself trigger a significant increase in credit risk since initial recognition (which would result in stage migration) and does not result in additional days past due. Macroeconomic variables for the upside scenario are statistically derived relative to the base forecast based on historical distributions for each variable. For the downside scenario, since the second quarter of 2020, macroeconomic variables were based on plausible scenario analysis of COVID-19 impacts, given the lack of comparable historical data for a shock of this nature. Refer to Note 8 for additional details on the macroeconomic variables used in the forward-looking macroeconomic forecasts. The current environment is subject to rapid change and to the extent that certain effects of COVID-19 are not fully incorporated into the model calculations, increased temporary quantitative and qualitative adjustments have been applied. This includes borrower credit scores, industry and geography specific COVID-19 impacts, payment support initiatives introduced by the Bank and governments, and the persistence of the economic shutdown, the effects of which are not yet fully reflected in the quantitative models. The Bank has performed certain additional qualitative portfolio and loan level assessments of significant increase in credit risk. LEASES The Bank applies judgment in determining the appropriate lease term on a lease-by-lease basis. All facts and circumstances that create an economic incentive to exercise a renewal option or not to exercise a termination option including investments in major leaseholds, branch performance and past business practice are considered. The periods covered by renewal or termination options are only included in the lease term if it is reasonably certain that the Bank will exercise the options; management considers “reasonably certain” to be a high threshold. Changes in the economic environment or changes in the industry may impact the Bank’s assessment of lease term, and any changes in the Bank’s estimate of lease terms may have a material impact on the Bank’s Consolidated Balance Sheet and Consolidated Statement of Income. In determining the carrying amount of right-of-use (ROU) assets and lease liabilities, the Bank is required to estimate the incremental borrowing rate specific to each leased asset or portfolio of leased assets if the interest rate implicit in the lease is not readily determinable. The Bank determines the incremental borrowing rate of each leased asset or portfolio of leased assets by incorporating the Bank’s creditworthiness, the security, term, and value of the ROU asset, and the economic environment in which the leased asset operates. The incremental borrowing rates are subject to change mainly due to changes in the macroeconomic environment. FAIR VALUE MEASUREMENTS The fair value of financial instruments traded in active markets at the balance sheet date is based on their quoted market prices. For all other financial instruments not traded in an active market, fair value may be based on other observable current market transactions involving the same or similar instruments, without modification or repackaging, or is based on a valuation technique which maximizes the use of observable market inputs. Observable market inputs may include interest rate yield curves, foreign exchange rates, and option volatilities. Valuation techniques include comparisons with similar instruments where observable market prices exist, discounted cash flow analysis, option pricing models, and other valuation techniques commonly used by market participants. For certain complex or illiquid financial instruments, fair value is determined using valuation techniques in which current market transactions or observable market inputs are not available. Determining which valuation technique to apply requires judgment. The valuation techniques themselves also involve some level of estimation and judgment. The judgments include liquidity considerations and model inputs such as volatilities, correlations, spreads, discount rates, pre-payment rates, and prices of underlying instruments. Any imprecision in these estimates can affect the resulting fair value. Judgment is also used in recording valuation adjustments to model fair values to account for system limitations or measurement uncertainty, such as when valuing complex and less actively traded financial instruments. If the market for a complex financial instrument develops, the pricing for this instrument may become more transparent, resulting in refinement of valuation models. For example, IBOR reform may also have an impact on the fair value of products that reference or use valuation models with IBOR inputs. An analysis of fair values of financial instruments and further details as to how they are measured are provided in Note 5. DERECOGNITION OF FINANCIAL INSTRUMENTS Certain assets transferred may qualify for derecognition from the Bank’s Consolidated Balance Sheet. To qualify for derecognition certain key determinations must be made. A decision must be made as to whether the rights to receive cash flows from the financial assets have been retained or transferred and the extent to which the risks and rewards of ownership of the financial assets have been retained or transferred. If the Bank neither transfers nor retains substantially all of the risks and rewards of ownership of the financial asset, a decision must be made as to whether the Bank has retained control of the financial asset. Upon derecognition, the Bank will record a gain or loss on sale of those assets which is calculated as the difference between the carrying amount of the asset transferred and the sum of any cash proceeds received, including any financial asset received or financial liability assumed, and any cumulative gain or loss allocated to the transferred asset that had been recognized in AOCI. In determining the fair value of any financial asset received, the Bank estimates future cash flows by relying on estimates of the amount of interest that will be collected on the securitized assets, the yield to be paid to investors, the portion of the securitized assets that will be prepaid before their scheduled maturity, ECLs, the cost of servicing the assets, and the rate at which to discount these expected future cash flows. Actual cash flows may differ significantly from those estimated by the Bank. Retained interests are classified as trading securities and are initially recognized at relative fair value on the Bank’s Consolidated Balance Sheet. Subsequently, the fair value of retained interests recognized by the Bank is determined by estimating the present value of future expected cash flows. Differences between the actual cash flows and the Bank’s estimate of future cash flows are recognized in trading income. These assumptions are subject to periodic review and may change due to significant changes in the economic environment. GOODWILL AND OTHER INTANGIBLES The recoverable amount of the Bank’s CGUs is determined from internally developed valuation models that consider various factors and assumptions such as forecasted earnings, growth rates, discount rates, and terminal values reflecting terminal growth rates or terminal price-earnings multiples. Management is required to use judgment in estimating the recoverable amount of CGUs, and the use of different assumptions and estimates in the calculations could influence the determination of the existence of impairment and the valuation of goodwill. Management believes that the assumptions and estimates used are reasonable and supportable. Where possible, assumptions generated internally are compared to relevant market information. The carrying amounts of the Bank’s CGUs are determined by management using risk based capital models to adjust net assets and liabilities by CGU. These models consider various factors including market risk, credit risk, and operational risk, including investment capital (comprised of goodwill and other intangibles). Any capital not directly attributable to the CGUs is held within the Corporate segment. The Bank’s capital oversight committees provide oversight to the Bank’s capital allocation methodologies. EMPLOYEE BENEFITS The projected benefit obligation and expense related to the Bank’s pension and non-pension post-retirement benefit plans are determined using multiple assumptions that may significantly influence the value of these amounts. Actuarial assumptions including discount rates, compensation increases, health care cost trend rates, and mortality rates are management’s best estimates and are reviewed annually with the Bank’s actuaries. The Bank develops each assumption using relevant historical experience of the Bank in conjunction with market-related data and considers if the market-related data indicates there is any prolonged or significant impact on the assumptions. The discount rate used to value liabilities is determined by reference to market yields on high-quality corporate bonds with terms matching the plans’ specific cash flows. The other assumptions are also long-term estimates. All assumptions are subject to a degree of uncertainty. Differences between actual experiences and the assumptions, as well as changes in the assumptions resulting from changes in future expectations, result in actuarial gains and losses which are recognized in other comprehensive income during the year and also impact expenses in future periods. INCOME TAXES The Bank is subject to taxation in numerous jurisdictions. There are many transactions and calculations in the ordinary course of business for which the ultimate tax determination is uncertain. The Bank maintains provisions for uncertain tax positions that it believes appropriately reflect the risk of tax positions under discussion, audit, dispute, or appeal with tax authorities, or which are otherwise considered to involve uncertainty. These provisions are made using the Bank’s best estimate of the amount expected to be paid based on an assessment of all relevant factors, which are reviewed at the end of each reporting period. However, it is possible that at some future date, an additional liability could result from audits by the relevant taxing authorities. Deferred tax assets are recognized only when it is probable that sufficient taxable profit will be available in future periods against which deductible temporary differences may be utilized. The amount of the deferred tax asset recognized and considered realizable could, however, be reduced if projected income is not achieved due to various factors, such as unfavourable business conditions. If projected income is not expected to be achieved, the Bank would decrease its deferred tax assets to the amount that it believes can be realized. The magnitude of the decrease is significantly influenced by the Bank’s forecast of future profit generation, which determines the extent to which it will be able to utilize the deferred tax assets. PROVISIONS Provisions arise when there is some uncertainty in the timing or amount of a loss in the future. Provisions are based on the Bank’s best estimate of all expenditures required to settle its present obligations, considering all relevant risks and uncertainties, as well as, when material, the effect of the time value of money. Many of the Bank’s provisions relate to various legal actions that the Bank is involved in during the ordinary course of business. Legal provisions require the involvement of both the Bank’s management and legal counsel when assessing the probability of a loss and estimating any monetary impact. Throughout the life of a provision, the Bank’s management or legal counsel may learn of additional information that may impact its assessments about the probability of loss or about the estimates of amounts involved. Changes in these assessments may lead to changes in the amount recorded for provisions. In addition, the actual costs of resolving these claims may be substantially higher or lower than the amounts recognized. The Bank reviews its legal provisions on a case-by-case basis after considering, among other factors, the progress of each case, the Bank’s experience, the experience of others in similar cases, and the opinions and views of legal counsel. Certain of the Bank’s provisions relate to restructuring initiatives initiated by the Bank. Restructuring provisions require management’s best estimate, including forecasts of economic conditions. Throughout the life of a provision, the Bank may become aware of additional information that may impact the assessment of amounts to be incurred. Changes in these assessments may lead to changes in the amount recorded for provisions. INSURANCE The assumptions used in establishing the Bank’s insurance claims and policy benefit liabilities are based on best estimates of possible outcomes. For property and casualty insurance, the ultimate cost of claims liabilities is estimated using a range of standard actuarial claims projection techniques in accordance with Canadian accepted actuarial practices. Additional qualitative judgment is used to assess the extent to which past trends may or may not apply in the future, in order to arrive at the estimated ultimate claims cost that present the most likely outcome taking into account all the uncertainties involved. For life and health insurance, actuarial liabilities consider all future policy cash flows, including premiums, claims, and expenses required to administer the policies. Critical assumptions used in the measurement of life and health insurance contract liabilities are determined by the appointed actuary. Further information on insurance risk assumptions is provided in Note 22. CONSOLIDATION OF STRUCTURED ENTITIES Management judgment is required when assessing whether the Bank should consolidate an entity. For instance, it may not be feasible to determine if the Bank controls an entity solely through an assessment of voting rights for certain structured entities. In this case, judgment is required to establish whether the Bank has decision-making power over the key relevant activities of the entity and whether the Bank has the ability to use that power to absorb significant variable returns from the entity. If it is determined that the Bank has both decision-making power and significant variable returns from the entity, judgment is also used to determine whether any such power is exercised by the Bank as principal, on its own behalf, or as agent, on behalf of another counterparty. Assessing whether the Bank has decision-making power includes understanding the purpose and design of the entity in order to determine its key economic activities. In this context, an entity’s key economic activities are those which predominantly impact the economic performance of the entity. When the Bank has the current ability to direct the entity’s key economic activities, it is considered to have decision-making power over the entity. The Bank also evaluates its exposure to the variable returns of a structured entity in order to determine if it absorbs a significant proportion of the variable returns the entity is designed to create. As part of this evaluation, the Bank considers the purpose and design of the entity in order to determine whether it absorbs variable returns from the structured entity through its contractual holdings, which may take the form of securities issued by the entity, derivatives with the entity, or other arrangements such as guarantees, liquidity facilities, or lending commitments. If the Bank has decision-making power over the entity and absorbs significant variable returns from the entity, it then determines if it is acting as principal or agent when exercising its decision-making power. Key factors considered include the scope of its decision-making powers; the rights of other parties involved with the entity, including any rights to remove the Bank as decision-maker or rights to participate in key decisions; whether the rights of other parties are exercisable in practice; and the variable returns absorbed by the Bank and by other parties involved with the entity. When assessing consolidation, a presumption exists that the Bank exercises decision-making power as principal if it is also exposed to significant variable returns, unless an analysis of the factors above indicates otherwise. The decisions above are made with reference to the specific facts and circumstances relevant for the structured entity and related transaction(s) under consideration. REVENUE FROM CONTRACTS WITH CUSTOMERS The Bank applies judgment to determine the timing of satisfaction of performance obligations which affects the timing of revenue recognition, by evaluating the pattern in which the Bank transfers control of services promised to the customer. A performance obligation is satisfied over time when the customer simultaneously receives and consumes the benefits as the Bank performs the service. For performance obligations satisfied over time, revenue is generally recognized using the time-elapsed method which is based on time elapsed in proportion to the period over which the service is provided, for example, personal deposit account bundle fees. The time-elapsed method is a faithful depiction of the transfer of control for these services as control is transferred evenly to the customer when the Bank provides a stand-ready service or effort is expended evenly by the Bank to provide a service over the contract period. In contracts where the Bank has a right to consideration from a customer in an amount that corresponds directly with the value to the customer of the Bank’s performance completed to date, the Bank recognizes revenue in the amount to which it has a right to invoice. The Bank satisfies a performance obligation at a point in time if the customer obtains control of the promised services at that date. Determining when control is transferred requires the use of judgment. For transaction-based services, the Bank determines that control is transferred to the customer at a point in time when the customer obtains substantially all of the benefits from the service rendered and the Bank has a present right to payment, which generally coincides with the moment the transaction is executed. The Bank exercises judgment in determining whether costs incurred in connection with acquiring new revenue contracts would meet the requirement to be capitalized as incremental costs to obtain or fulfil a contract with customers.

Current and Future Changes in A

Current and Future Changes in Accounting Policies	12 Months Ended
	Oct. 31, 2020
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Current and Future Changes in Accounting Policies	NOTE 4: CURRENT AND FUTURE CHANGES IN ACCOUNTING POLICIES CURRENT CHANGES IN ACCOUNTING POLICY The following new standards were adopted by the Bank on November 1, 2019. Leases In January 2016, the IASB issued IFRS 16, Leases Leases IFRS 16 introduces a single lessee accounting model for all leases by eliminating the distinction between operating and financing leases. IFRS 16 requires lessees to recognize ROU assets and lease liabilities for arrangements that meet the definition of a lease on the commencement date. The ROU asset is initially measured as the lease liability, subject to certain adjustments, if any, and is subsequently measured at such cost less accumulated depreciation and any related accumulated impairment. The lease liability is initially measured at the present value of the future lease payments over the remaining lease term and is discounted using the Bank’s incremental borrowing rate. The lease term includes renewal and termination options that the Bank is reasonably certain to exercise, and the lease liability is remeasured when there are adjustments to future lease payments, changes in the Bank’s assumptions or strategies relating to the exercise of purchase, extension, or termination options, or updates to the incremental borrowing rate. ROU assets are recorded in Land, buildings, equipment, and other depreciable assets and lease liabilities are included in Other liabilities on the Consolidated Balance Sheet. The Consolidated Statement of Income recognizes interest expense on lease liabilities, which is calculated on an EIR basis. Secondly, depreciation expense is recognized on the ROU assets and is calculated on a straight-line basis in non-interest expense. ROU assets are depreciated over the shorter of the useful life of the underlying asset and the lease term. Any changes in useful life are applied on a prospective basis. Previously, under IAS 17, net rental expense on operating leases was recorded in non-interest expense. The net impact of these changes shifts the timing and geography of expense recognition. Short-term leases, which are defined as those that have a lease term of twelve months or less, and leases of low-value assets are exempt, with their payments being recognized in Non-interest expense on a straight-line basis within the Bank’s Consolidated Statement of Income. Lessor accounting remains substantially unchanged. Upon transition to IFRS 16, the Bank adopted the new standard using the modified retrospective approach and recognized the cumulative effect of the transitional impact in opening retained earnings on November 1, 2019 with no restatement of comparative periods. The Bank has applied certain permitted practical expedients and elections including: using hindsight to determine the lease term where lease contracts contain options to extend or terminate; measuring the ROU asset retrospectively for certain leases; not reassessing contracts identified as leases under the previous accounting standards; not applying IFRS 16 to leases of intangible assets; and applying onerous lease provisions recognized as at October 31, 2019 as an alternative to performing an impairment review on the ROU assets as at November 1, 2019. The main impact of IFRS 16 was on the Bank’s real estate leases, which were previously classified as operating leases. The Bank also leases certain equipment and other assets. On November 1, 2019, the Bank recognized $4.46 billion of ROU assets, $5.66 billion of lease liabilities, and other balance sheet adjustments and reclassifications of $0.65 billion. The decrease in retained earnings was $0.55 billion after tax. The impact to Common Equity Tier 1 (CET1) capital was a decrease of 24 basis points (bps). The following table sets forth the adjustments to the Bank’s operating lease commitments disclosed under IAS 17 as at October 31, 2019, which were used to derive the lease liabilities recognized by the Bank as at November 1, 2019: (millions of Canadian dollars) Amount 1 Operating lease commitments disclosed as at October 31, 2019 $ 7,621 Commitments for leases that have not commenced at November 1, 2019, and commitments for non-lease payments 2 (2,577 ) Effect of recognition exemption for short-term and low value leases (29 ) Effect of extension and termination options reasonably certain to be exercised and other 4,732 Effect of discounting using the incremental borrowing rate 3 (4,083 ) Lease liabilities recognized as at November 1, 2019 $ 5,664 1 Certain amounts have been reclassified to conform with the presentation adopted in the current period. 2 Non-lease payments include taxes and estimated operating expenses. 3 The weighted average incremental borrowing rate was 2.8%. Uncertainty over Income Tax Treatments In June 2017, the IASB issued IFRIC (IFRS Interpretations Committee) Interpretation 23, Uncertainty over Income Tax Treatments, Income Taxes FUTURE CHANGES IN ACCOUNTING POLICIES The following standards and framework have been issued, but are not yet effective on the date of issuance of the Bank’s Consolidated Financial Statements. The Bank is currently assessing the impact of the application of these standards and framework on the Consolidated Financial Statements. IBOR Reform and its Effects on Financial Reporting The IASB finalized its standard setting relating to the effects of IBOR reform and on August 27, 2020, the IASB issued Interest Rate Benchmark Reform – Phase 2, Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 Interest Rate Benchmark Reform, Amendments to IFRS 9, IAS 39, and IFRS 7 Interest Rate Benchmark Reform Phase 2 addresses issues affecting financial reporting when changes are made to contractual cash flows of financial instruments or hedging relationships as a result of IBOR reform. The amendments are effective for annual periods beginning on or after January 1, 2021, with early adoption permitted. The changes relate to the modification of financial assets, financial liabilities and lessee lease liabilities, as well as providing specific hedge accounting relief and disclosure requirements. The amendments permit modification to financial assets, financial liabilities and lessee lease liabilities required as a direct consequence of IBOR reform made on an economically equivalent basis to be accounted for by updating the EIR prospectively. If the modification does not meet the practical expedient requirements, existing IFRS requirements are applied. Reliefs are also provided for an entity’s hedge accounting relationships in circumstances where changes to hedged items and hedging instruments arise as a result of IBOR reform. The amendments enable entities to amend the formal designation and documentation of a hedging relationship to reflect these changes without discontinuing the hedging relationship or designating a new hedging relationship. Permitted changes include redefining the hedged risk to reference an ARR (contractually or non-contractually specified), amending the description of the hedged item and hedging instrument to reflect the ARR, and amending the description of how the entity will assess hedge effectiveness. Additional reliefs are also provided for specific hedge accounting requirements if certain conditions are met. Hedging relationships within the scope of Interest Rate Benchmark Reform Phase 2 are the same as those within the scope of Interest Rate Benchmark Reform Phase 1. Interest Rate Benchmark Reform Phase 2 also amended IFRS 7, introducing expanded qualitative and quantitative disclosures about the risks arising from IBOR reform, how an entity is managing those risks, its progress in completing the transition to ARRs, and how it is managing the transition. Insurance Contracts The IASB issued IFRS 17, Insurance Contracts Insurance Contracts Conceptual Framework for Financial Reporting In March 2018, the IASB issued the revised Conceptual Framework for Financial Reporting (Revised Conceptual Framework), which provides a set of concepts to assist the IASB in developing standards and to help preparers consistently apply accounting policies where specific accounting standards do not exist. The framework is not an accounting standard and does not override the requirements that exist in other IFRS standards. The Revised Conceptual Framework describes that financial information must be relevant and faithfully represented to be useful, provides revised definitions and recognition criteria for assets and liabilities, and confirms that different measurement bases are useful and permitted. The Revised Conceptual Framework is effective for annual periods beginning on or after January 1, 2020, which will be November 1, 2020 for the Bank. The adoption of the Revised Conceptual Framework is not expected to have a significant impact on the Bank. Business Combinations In October 2018, the IASB issued a narrow-scope amendment to IFRS 3, Business Combinations

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Oct. 31, 2020
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Fair Value Measurements	Certain assets and liabilities, primarily financial instruments, are carried on the balance sheet at their fair value on a recurring basis. These financial instruments include trading loans and securities, non-trading financial assets at FVTPL, financial assets and liabilities designated at FVTPL, financial assets at FVOCI, derivatives, certain securities purchased under reverse repurchase agreements, certain deposits classified as trading, securitization liabilities at fair value, obligations related to securities sold short, and certain obligations related to securities sold under repurchase agreements. All other financial assets and financial liabilities are carried at amortized cost. VALUATION GOVERNANCE Valuation processes are guided by policies and procedures that are approved by senior management and subject matter experts. Senior Executive oversight over the valuation process is provided through various valuation-related committees. Further, the Bank has a number of additional controls in place, including an independent price verification process to ensure the accuracy of fair value measurements reported in the financial statements. The sources used for independent pricing comply with the standards set out in the approved valuation-related policies, which include consideration of the reliability, relevancy, and timeliness of data. METHODS AND ASSUMPTIONS The Bank calculates fair values for measurement and disclosure purposes based on the following methods of valuation and assumptions: Government and Government-Related Securities The fair value of Canadian government debt securities is based on quoted prices in active markets, where available. Where quoted prices are not available, valuation techniques such as discounted cash flow models may be used, which maximize the use of observable inputs such as government bond yield curves. The fair value of U.S. federal and state government, as well as agency debt securities, is determined by reference to recent transaction prices, broker quotes, or third-party vendor prices. Brokers or third-party vendors may use a pool-specific valuation model to value these securities. Observable market inputs to the model include to-be-announced market prices, the applicable indices, and metrics such as the coupon, maturity, and weighted-average maturity of the pool. Market inputs used in the valuation model include, but are not limited to, indexed yield curves and trading spreads. The fair value of other OECD government guaranteed debt is based on broker quotes and third-party vendor prices, or where these quotes or prices are not readily available, other valuation techniques, such as discounted cash flow models, may be used. Market inputs used in other valuation techniques or broker quotes and third-party vendor prices include government bond yield curves and trade execution data. The fair value of residential mortgage-backed securities (MBS) is based on broker quotes, third-party vendor prices, or other valuation techniques, such as the use of option-adjusted spread models which include inputs such as prepayment rate assumptions related to the underlying collateral. Observable inputs include, but are not limited to, indexed yield curves and bid-ask spreads. Other inputs may include volatility assumptions derived using Monte Carlo simulations and take into account factors such as counterparty credit quality and liquidity. Other Debt Securities The fair value of corporate and other debt securities is based on broker quotes, third-party vendor prices, or other valuation techniques, such as discounted cash flow techniques. Market inputs used in the other valuation techniques or underlying third-party vendor prices or broker quotes include benchmark and government bond yield curves, credit spreads, and trade execution data. Asset-backed securities are primarily fair valued using third-party vendor prices. The third-party vendor employs a valuation model which maximizes the use of observable inputs such as benchmark yield curves and bid-ask spreads. The model also takes into account relevant data about the underlying collateral, such as weighted-average terms to maturity and prepayment rate assumptions. Equity Securities The fair value of equity securities is based on quoted prices in active markets, where available. Where quoted prices in active markets are not readily available, such as for private equity securities, or where there is a wide bid-ask spread, fair value is determined based on quoted market prices for similar securities or through valuation techniques, including discounted cash flow analysis, multiples of earnings before taxes, depreciation and amortization, and other relevant valuation techniques. If there are trading restrictions on the equity security held, a valuation adjustment is recognized against available prices to reflect the nature of the restriction. However, restrictions that are not part of the security held and represent a separate contractual arrangement that has been entered into by the Bank and a third party do not impact the fair value of the original instrument. Retained Interests Retained interests are classified as trading securities and are initially recognized at their relative fair market value. Subsequently, the fair value of retained interests recognized by the Bank is determined by estimating the present value of future expected cash flows. Differences between the actual cash flows and the Bank’s estimate of future cash flows are recognized in income. These assumptions are subject to periodic review and may change due to significant changes in the economic environment. Loans The estimated fair value of loans carried at amortized cost reflects changes in market price that have occurred since the loans were originated or purchased. For fixed-rate performing loans, estimated fair value is determined by discounting the expected future cash flows related to these loans at current market interest rates for loans with similar credit risks. For floating-rate performing loans, changes in interest rates have minimal impact on fair value since loans reprice to market frequently. On that basis, fair value is assumed to approximate carrying value. The fair value of loans is not adjusted for the value of any credit protection the Bank has purchased to mitigate credit risk. The fair value of loans carried at FVTPL, which includes trading loans and non-trading loans at FVTPL, is determined using observable market prices, where available. Where the Bank is a market maker for loans traded in the secondary market, fair value is determined using executed prices, or prices for comparable trades. For those loans where the Bank is not a market maker, the Bank obtains broker quotes from other reputable dealers, and corroborates this information using valuation techniques or by obtaining consensus or composite prices from pricing services. The fair value of loans carried at FVOCI is assumed to approximate amortized cost as they are generally floating rate performing loans that are short term in nature. Commodities The fair value of commodities is based on quoted prices in active markets, where available. The Bank also transacts commodity derivative contracts which can be traded on an exchange or in OTC markets. Derivative Financial Instruments The fair value of exchange-traded derivative financial instruments is based on quoted market prices. The fair value of OTC derivative financial instruments is estimated using well established valuation techniques, such as discounted cash flow techniques, the Black-Scholes model, and Monte Carlo simulation. The valuation models incorporate inputs that are observable in the market or can be derived from observable market data. Prices derived by using models are recognized net of valuation adjustments. The inputs used in the valuation models depend on the type of derivative and the nature of the underlying instrument and are specific to the instrument being valued. Inputs can include, but are not limited to, interest rate yield curves, foreign exchange rates, dividend yield projections, commodity spot and forward prices, recovery rates, volatilities, spot prices, and correlation. A credit valuation adjustment (CVA) is recognized against the model value of OTC derivatives to account for the uncertainty that either counterparty in a derivative transaction may not be able to fulfil its obligations under the transaction. In determining CVA, the Bank takes into account master netting agreements and collateral, and considers the creditworthiness of the counterparty and of the Bank itself, using market observed or proxy credit spreads, in assessing potential future amounts owed to, or by the Bank. The fair value of a derivative is partly a function of collateralization. The Bank uses the relevant overnight index swap curve to discount the cash flows for collateralized derivatives as most collateral is posted in cash and can be funded at the overnight rate. A funding valuation adjustment (FVA) is recognized against the model value of OTC derivatives to recognize the market implied funding costs and benefits considered in the pricing and fair valuation of uncollateralized derivatives. Some of the key drivers of FVA include the market implied funding spread and the expected average exposure by counterparty. The Bank will continue to monitor industry practice on valuation adjustments and may refine the methodology as market practices evolve. Deposits The estimated fair value of term deposits is determined by discounting the contractual cash flows using interest rates currently offered for deposits with similar terms. For deposits with no defined maturities, the Bank considers fair value to equal carrying value, which is equivalent to the amount payable on the balance sheet date. For trading deposits and deposits designated at FVTPL, which is included in financial liabilities designated at FVTPL, fair value is determined using discounted cash flow valuation techniques which maximize the use of observable market inputs such as benchmark yield curves and foreign exchange rates. The Bank considers the impact of its own creditworthiness in the valuation of these deposits by reference to observable market inputs. Securitization Liabilities The fair value of securitization liabilities is based on quoted market prices or quoted market prices for similar financial instruments, where available. Where quoted prices are not available, fair value is determined using valuation techniques, which maximize the use of observable inputs, such as Canada Mortgage Bond (CMB) curves and MBS curves. Obligations Related to Securities Sold Short The fair value of these obligations is based on the fair value of the underlying securities, which can include equity or debt securities. As these obligations are fully collateralized, the method used to determine fair value would be the same as that of the relevant underlying equity or debt securities. Securities Purchased Under Reverse Repurchase Agreements and Obligations Related to Securities Sold under Repurchase Agreements Commodities and bonds purchased or sold with an agreement to sell or repurchase them at a later date at a fixed price are carried at fair value. The fair value of these agreements is based on valuation techniques such as discounted cash flow models which maximize the use of observable market inputs such as interest rate swap curves and commodity forward prices. Subordinated Notes and Debentures The fair value of subordinated notes and debentures are based on quoted market prices for similar issues or current rates offered to the Bank for debt of equivalent credit quality and remaining maturity. Portfolio Exception IFRS 13, Fair Value Measurement Fair Value of Assets and Liabilities not carried at Fair Value The fair value of assets and liabilities subsequently not carried at fair value include most loans, most deposits, certain debt securities, certain securitization liabilities, most securities purchased under reverse repurchase agreements, most obligations relating to securities sold under repurchase agreements, and subordinated notes and debentures. For these instruments, fair values are calculated for disclosure purposes only, and the valuation techniques are disclosed above. In addition, the Bank has determined that the carrying value approximates the fair value for the following assets and liabilities as they are usually liquid floating rate financial instruments and are generally short term in nature: cash and due from banks, interest-bearing deposits with banks, securities purchased under reverse repurchase agreements, customers’ liability under acceptances, amounts receivable from brokers, dealers, and clients, other assets, acceptances, obligations related to securities sold under repurchase agreements, amounts payable to brokers, dealers, and clients, and other liabilities. Carrying Value and Fair Value of Financial Instruments not carried at Fair Value The fair values in the following table exclude assets that are not financial instruments, such as land, buildings and equipment, as well as goodwill and other intangible assets, including customer relationships, which are of significant value to the Bank. Financial Assets and Liabilities not carried at Fair Value 1 (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Carrying Fair value Carrying Fair value FINANCIAL ASSETS Debt securities at amortized cost, net of allowance for credit losses Government and government-related securities $ 174,592 $ 175,500 $ 78,275 $ 78,374 Other debt securities 53,087 53,373 52,222 52,370 Total debt securities at amortized cost, net of allowance for credit losses 227,679 228,873 130,497 130,744 Total loans, net of allowance for loan losses 717,523 727,197 684,608 688,154 Total financial assets not carried at fair value $ 945,202 $ 956,070 $ 815,105 $ 818,898 FINANCIAL LIABILITIES Deposits $ 1,135,333 $ 1,137,624 $ 886,977 $ 892,597 Securitization liabilities at amortized cost 15,768 16,143 14,086 14,258 Subordinated notes and debentures 11,477 12,374 10,725 11,323 Total financial liabilities not carried at fair value $ 1,162,578 $ 1,166,141 $ 911,788 $ 918,178 1 This table excludes financial assets and liabilities where the carrying amount is a reasonable approximation of fair value. Fair Value Hierarchy IFRS requires disclosure of a three-level hierarchy for fair value measurements based upon the observability of inputs to the valuation of an asset or liability as of the measurement date. The three levels are defined as follows: Level 1 Level 2 Level 3 The following table presents the levels within the fair value hierarchy for each of the assets and liabilities measured at fair value on a recurring basis as at October 31, 2020 and October 31, 2019. Fair Value Hierarchy for Assets and Liabilities Measured at Fair Value on a Recurring Basis (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Level 1 Level 2 Level 3 Total 1 Level 1 Level 2 Level 3 Total 1 FINANCIAL ASSETS AND COMMODITIES Trading loans, securities, and other 2 Government and government-related securities Canadian government debt Federal $ 351 $ 21,141 $ – $ 21,492 $ 395 $ 10,521 $ – $ 10,916 Provinces – 8,468 – 8,468 – 8,510 8 8,518 U.S. federal, state, municipal governments, and agencies debt – 22,809 16 22,825 – 19,133 – 19,133 Other OECD government guaranteed debt – 4,563 – 4,563 – 4,132 – 4,132 Mortgage-backed securities – 1,690 – 1,690 – 1,746 – 1,746 Other debt securities Canadian issuers – 5,613 2 5,615 – 5,129 3 5,132 Other issuers – 13,352 1 13,353 – 13,547 1 13,548 Equity securities Common shares 43,803 39 – 43,842 56,058 61 – 56,119 Preferred shares 37 – – 37 57 – – 57 Trading loans – 12,959 – 12,959 – 12,482 – 12,482 Commodities 12,976 484 – 13,460 13,761 437 – 14,198 Retained interests – 14 – 14 – 19 – 19 57,167 91,132 19 148,318 70,271 75,717 12 146,000 Non-trading financial assets at fair value through profit or loss Securities 232 4,027 571 4,830 229 3,985 493 4,707 Loans – 3,715 3 3,718 – 1,791 5 1,796 232 7,742 574 8,548 229 5,776 498 6,503 Derivatives Interest rate contracts 22 17,937 – 17,959 22 14,794 – 14,816 Foreign exchange contracts 13 29,605 2 29,620 24 30,623 3 30,650 Credit contracts – 19 – 19 – 16 – 16 Equity contracts 5 3,855 370 4,230 1 1,298 589 1,888 Commodity contracts 383 2,022 9 2,414 266 1,246 12 1,524 423 53,438 381 54,242 313 47,977 604 48,894 Financial assets designated at fair value through profit or loss Securities 2 – 4,739 – 4,739 – 4,040 – 4,040 – 4,739 – 4,739 – 4,040 – 4,040 Financial assets at fair value through other comprehensive income Government and government-related securities Canadian government debt Federal – 14,126 – 14,126 – 9,663 – 9,663 Provinces – 16,502 – 16,502 – 12,927 – 12,927 U.S. federal, state, municipal governments, and agencies debt – 33,034 – 33,034 – 40,737 – 40,737 Other OECD government guaranteed debt – 10,756 – 10,756 – 14,407 – 14,407 Mortgage-backed securities – 3,865 – 3,865 – 5,437 – 5,437 Other debt securities Asset-backed securities – 10,006 – 10,006 – 15,888 – 15,888 Non-agency collateralized mortgage obligation portfolio – – – – – 247 – 247 Corporate and other debt – 9,875 20 9,895 – 7,810 24 7,834 Equity securities Common shares 819 15 1,553 2,387 89 2 1,507 1,598 Preferred shares 186 – 26 212 198 – 44 242 Loans – 2,502 – 2,502 – 2,124 – 2,124 1,005 100,681 1,599 103,285 287 109,242 1,575 111,104 Securities purchased under reverse repurchase agreements – 7,395 – 7,395 – 4,843 – 4,843 FINANCIAL LIABILITIES Trading deposits – 14,528 4,649 19,177 – 22,793 4,092 26,885 Derivatives Interest rate contracts 14 19,022 96 19,132 19 14,404 83 14,506 Foreign exchange contracts 14 27,300 – 27,314 21 29,374 4 29,399 Credit contracts – 327 – 327 – 420 – 420 Equity contracts – 3,360 1,077 4,437 – 2,877 1,514 4,391 Commodity contracts 355 1,611 27 1,993 266 1,040 29 1,335 383 51,620 1,200 53,203 306 48,115 1,630 50,051 Securitization liabilities at fair value – 13,718 – 13,718 – 13,058 – 13,058 Financial liabilities designated at fair value through profit or loss – 59,641 24 59,665 – 105,110 21 105,131 Obligations related to securities sold short 2 1,039 33,960 – 34,999 878 28,778 – 29,656 Obligations related to securities sold under repurchase agreements – 3,675 – 3,675 – 2,973 – 2,973 1 Fair value is the same as carrying value. 2 Balances reflect the reduction of securities owned (long positions) by the amount of identical securities sold but not yet purchased (short positions). The Bank’s policy is to record transfers of assets and liabilities between the different levels of the fair value hierarchy using the fair values as at the end of each reporting period. Assets are transferred between Level 1 and Level 2 depending on if there is sufficient frequency and volume in an active market. There were no significant transfers between Level 1 and Level 2 during the years ended October 31, 2020 and October 31, 2019. Movements of Level 3 instruments Significant transfers into and out of Level 3 occur mainly due to the following reasons: • Transfers from Level 3 to Level 2 occur when techniques used for valuing the instrument incorporate significant observable market inputs or broker-dealer quotes which were previously not observable. • Transfers from Level 2 to Level 3 occur when an instrument’s fair value, which was previously determined using valuation techniques with significant observable market inputs, is now determined using valuation techniques with significant unobservable inputs. Due to the unobservable nature of the inputs used to value Level 3 financial instruments there may be uncertainty about the valuation of these instruments. The fair value of Level 3 instruments may be drawn from a range of reasonably possible alternatives. In determining the appropriate levels for these unobservable inputs, parameters are chosen so that they are consistent with prevailing market evidence and management judgment. The following tables reconcile changes in fair value of all assets and liabilities measured at fair value using significant Level 3 unobservable inputs for the years ended October 31, 2020 and October 31, 2019. Reconciliation of Changes in Fair Value for Level 3 Assets and Liabilities (millions of Canadian dollars) Fair value as at Total realized and Movements Transfers Fair value as at Change in 5 Included 1 Included 2,3 Purchases/ Sales/ 4 Into Out of FINANCIAL ASSETS Trading loans, securities, Government and government- Canadian government debt Provinces $ 8 $ – $ – $ – $ (8 ) $ – $ – $ – $ – U.S. federal, state, municipal governments and agencies debt – (1 ) – – – 17 – 16 – Other debt securities Canadian issuers 3 – – – (1 ) 2 (2 ) 2 – Other issuers 1 – – 29 (40 ) 16 (5 ) 1 – 12 (1 ) – 29 (49 ) 35 (7 ) 19 – Non-trading financial assets at Securities 493 12 – 118 (52 ) – – 571 (2 ) Loans 5 – – – (2 ) – – 3 – 498 12 – 118 (54 ) – – 574 (2 ) Financial assets at fair value Government and government- Other OECD government – – – – – – – – – Other debt securities Asset-backed securities – – – – – – – – – Corporate and other debt 24 – (4 ) – – – – 20 (4 ) Equity securities Common shares 1,507 – (4 ) 48 2 – – 1,553 (4 ) Preferred shares 44 – (19 ) 2 (1 ) – – 26 (20 ) $ 1,575 $ – $ (27 ) $ 50 $ 1 $ – $ – $ 1,599 $ (28 ) FINANCIAL LIABILITIES Trading deposits 6 $ (4,092 ) $ 214 $ – $ (3,334 ) $ 2,558 $ (3 ) $ 8 $ (4,649 ) $ 328 Derivatives 7 Interest rate contracts (83 ) (43 ) – – 30 – – (96 ) (17 ) Foreign exchange contracts (1 ) 2 – – – 1 – 2 1 Equity contracts (925 ) 172 – (101 ) 146 (1 ) 2 (707 ) 172 Commodity contracts (17 ) (42 ) – – 41 – – (18 ) (16 ) (1,026 ) 89 – (101 ) 217 – 2 (819 ) 140 Financial liabilities (21 ) 112 – (202 ) 87 – – (24 ) 112 Obligations related to securities – – – – – (6 ) 6 – – 1 Gains/losses on financial assets and liabilities are recognized within Non-interest income on the Consolidated Statement of Income. 2 Other comprehensive income. 3 Includes realized gains/losses transferred to retained earnings on disposal of equities designated at FVOCI. Refer to Note 7 for further details. 4 Includes foreign exchange. 5 Changes in unrealized gains/losses on financial assets at FVOCI are recognized in AOCI. 6 Issuances and repurchases of trading deposits are reported on a gross basis. 7 As at October 31, 2020, consists of derivative assets of $0.4 billion (November 1, 2019 – $0.6 billion) and derivative liabilities of $1.2 billion (November 1, 2019 – $1.6 billion), which have been netted in this table for presentation purposes only. Reconciliation of Changes in Fair Value for Level 3 Assets and Liabilities (millions of Canadian dollars) Fair value as at November 1 Total realized and Movements Transfers Fair value as at October 31 Change in instruments 5 Included 1 Included 2,3 Purchases/ Sales/ 4 Into Out of FINANCIAL ASSETS Trading loans, securities, Government and government- Canadian government debt Provinces $ 3 $ – $ – $ – $ (50 ) $ 55 $ – $ 8 $ – Other debt securities Canadian issuers 1 – – 1 (2 ) 4 (1 ) 3 – Other issuers 16 1 – 2 (24 ) 20 (14 ) 1 – 20 1 – 3 (76 ) 79 (15 ) 12 – Non-trading Securities 408 97 – 317 (329 ) – – 493 20 Loans 19 4 – 5 (23 ) – – 5 1 427 101 – 322 (352 ) – – 498 21 Financial assets at fair value Government and government- Other OECD government 200 24 – – (224 ) – – – – Other debt securities Asset-backed securities 562 – – – – – (562 ) – – Corporate and other debt 24 – – – – – – 24 – Equity securities Common shares 1,492 – (3 ) 31 (13 ) – – 1,507 (4 ) Preferred shares 135 – (16 ) 1 (75 ) – (1 ) 44 (23 ) $ 2,413 $ 24 $ (19 ) $ 32 $ (312 ) $ – $ (563 ) $ 1,575 $ (27 ) FINANCIAL LIABILITIES Trading deposits 6 $ (3,024 ) $ (380 ) $ – $ (2,030 ) $ 1,342 $ – $ – $ (4,092 ) $ (243 ) Derivatives 7 Interest rate contracts (63 ) (22 ) – – 6 (4 ) – (83 ) (32 ) Foreign exchange contracts 1 – – – – (5 ) 3 (1 ) (1 ) Equity contracts (624 ) (472 ) – (127 ) 298 – – (925 ) (460 ) Commodity contracts 27 (33 ) – – (11 ) – – (17 ) (20 ) (659 ) (527 ) – (127 ) 293 (9 ) 3 (1,026 ) (513 ) Financial liabilities (14 ) 104 – (187 ) 76 – – (21 ) 65 Obligations related to securities – – – 1 – – (1 ) – – 1 Gains/losses on financial assets and liabilities are recognized within Non-interest income on the Consolidated Statement of Income. 2 Other comprehensive income. 3 Includes realized gains/losses transferred to retained earnings on disposal of equities designated at FVOCI. Refer to Note 7 for further details. 4 Includes foreign exchange. 5 Changes in unrealized gains/losses on financial assets at FVOCI are recognized in AOCI. 6 Issuances and repurchases of trading deposits are reported on a gross basis. 7 As at October 31, 2019, consists of derivative assets of $0.6 billion (November 1, 2018 – $0.5 billion) and derivative liabilities of $1.6 billion (November 1, 2018 – $1.2 billion), which have been netted in this table for presentation purposes only. VALUATION OF ASSETS AND LIABILITIES CLASSIFIED AS LEVEL 3 Significant unobservable inputs in Level 3 positions The following section discusses the significant unobservable inputs for Level 3 positions and assesses the potential effect that a change in each unobservable input may have on the fair value measurement. Price Equivalent Certain financial instruments, mainly debt and equity securities, are valued using price equivalents when market prices are not available, with fair value measured by comparison with observable pricing data from instruments with similar characteristics. For debt securities, the price equivalent is expressed in ‘points’, and represents a percentage of the par amount, and prices at the lower end of the range are generally a result of securities that are written down. For equity securities, the price equivalent is based on a percentage of a proxy price. There may be wide ranges depending on the liquidity of the securities. New issuances of debt and equity securities are priced at 100% of the issue price. Correlation The movements of inputs are not necessarily independent from other inputs. Such relationships, where material to the fair value of a given instrument, are captured via correlation inputs into the pricing models. The Bank includes correlation between the asset class, as well as across asset classes. For example, price correlation is the relationship between prices of equity securities in equity basket derivatives, and quanto correlation is the relationship between instruments which settle in one currency and the underlying securities which are denominated in another currency. Implied Volatility Implied volatility is the value of the volatility of the underlying instrument which, when input in an option pricing model, such as Black-Scholes, will return a theoretical value equal to the current market price of the option. Implied volatility is a forward-looking and subjective measure, and differs from historical volatility because the latter is calculated from known past returns of a security. Funding ratio The funding ratio is a significant unobservable input required to value loan commitments issued by the Bank. The funding ratio represents an estimate of the percentage of commitments that are ultimately funded by the Bank. The funding ratio is based on a number of factors such as observed historical funding percentages within the various lending channels and the future economic outlook, considering factors including, but not limited to, competitive pricing and fixed/variable mortgage rate gap. An increase/decrease in funding ratio will increase/decrease the value of the lending commitment in relationship to prevailing interest rates. Earnings Multiple, Discount Rate, and Liquidity Discount Earnings multiple, discount rate, and liquidity discount are significant inputs used when valuing certain equity securities and certain retained interests. Earnings multiples are selected based on comparable entities and a higher multiple will result in a higher fair value. Discount rates are applied to cash flow forecasts to reflect time value of money and the risks associated with the cash flows. A higher discount rate will result in a lower fair value. Liquidity discounts may be applied as a result of the difference in liquidity between the comparable entity and the equity securities being valued. Currency-Specific Swap Curve The fair value of foreign exchange contracts is determined using inputs such as foreign exchange spot rates and swap curves. Generally, swap curves are observable, but there may be certain durations or currency-specific foreign exchange spot and currency-specific swap curves that are not observable. Dividend Yield Dividend yield is a key input for valuing equity contracts and is generally expressed as a percentage of the current price of the stock. Dividend yields can be derived from the repo or forward price of the actual stock being fair valued. Spot dividend yields can also be obtained from pricing sources, if it can be demonstrated that spot yields are a good indication of future dividends. Inflation Rate Swap Curve The fair value of inflation rate swap contracts is a swap between the interest rate curve and the inflation index. The inflation rate swap spread is not observable and is determined using proxy inputs such as inflation index rates and Consumer Price Index (CPI) bond yields. Generally, swap curves are observable; however, there may be instances where certain specific swap curves are not observable. Net Asset Value The fair value of certain private funds is based on the net asset value determined by the fund managers based on valuation methodologies, as there are no observable prices for these instruments. Valuation techniques and inputs used in the fair value measurement of Level 3 assets and liabilities The following table presents the Bank’s assets and liabilities recognized at fair value and classified as Level 3, together with the valuation techniques used to measure fair value, the significant inputs used in the valuation technique that are considered unobservable, and a range of values for those unobservable inputs. The range of values represents the highest and lowest inputs used in calculating the fair value. Valuation Techniques and Inputs Used in the Fair Value Measurement of Level 3 Assets and Liabilities As at October 31, 2020 October 31, 2019 Valuation technique Significant unobservable Lower Upper Lower Upper range Unit Government and government-related securities Market comparable Bond price equivalent 19 116 101 158 points Other debt securities Market comparable Bond price equivalent – 111 – 113 points Equity securities 1 Market comparable New issue price 100 100 100 100 % Discounted cash flow Discount rate 9 9 9 9 % EBITDA multiple Earnings multiple n/a n/a 3.5 3.5 times Market comparable Price equivalent 23 23 79 80 % Non-trading financial assets at fair value through profit or loss Market comparable New issue price 100 100 100 100 % Discounted cash flow Discount rates 20 20 8 20 % EBITDA multiple Earnings multiple 1.5 16.0 1.1 6.7 times Price-based Net Asset Value 2 n/a n/a n/a n/a Derivatives Interest rate contracts Swaption model Currency-specific volatility n/a n/a 27 325 % Discounted cash flow Inflation rate swap curve 1 2 1 2 % Option model Funding ratio 60 75 60 75 % Foreign exchange contracts Option model Currency-specific volatility 4 18 4 12 % Equity contracts Option model Price correlation (16 ) 95 (19 ) 97 % Quanto correlation 10 68 10 68 % Dividend yield – 10 – 8 % Equity volatility 8 117 7 124 % Market comparable New issue price 100 100 100 100 % Commodity contracts Option model Quanto correlation (66 ) (46 ) (66 ) (46 ) % Swaption correlation 73 85 44 56 % Trading deposits Option model Price correlation (16 ) 98 (19 ) 97 % Quanto correlation (35 ) 68 (43 ) 68 % Dividend yield – 11 – 16 % Equity volatility 7 284 7 96 % Swaption model Currency-specific volatility 21 462 25 325 % Financial liabilities designated at fair value through profit or loss Option model Funding ratio 1 70 2 70 % 1 As at October 31, 2020, common shares exclude the fair value of Federal Reserve stock and Federal Home Loan Bank stock of $1.5 billion (October 31, 2019 – $1.5 billion) which are redeemable by the issuer at cost which approximates fair value. These securities cannot be traded in the market, hence, these securities have not been subjected to the sensitivity analysis. 2 Net asset value information for private funds has not been disclosed due to the wide range in prices for these instruments. The following table summarizes the potential effect of using reasonably possible alternative assumptions for financial as

Offsetting Financial Assets and

Offsetting Financial Assets and Financial Liabilities	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Offsetting Financial Assets and Financial Liabilities	The Bank enters into netting agreements with counterparties (such as clearing houses) to manage the credit risks associated primarily with repurchase and reverse repurchase transactions, securities borrowing and lending transactions, and OTC and exchange-traded derivatives. These netting agreements and similar arrangements generally allow the counterparties to set-off liabilities against available assets received. The right to set-off is a legal right to settle or otherwise eliminate all or a portion of an amount due by applying against that amount an amount receivable from the other party. These agreements effectively reduce the Bank’s credit exposure by what it would have been if those same counterparties were liable for the gross exposure on the same underlying contracts. Netting arrangements are typically constituted by a master netting agreement which specifies the general terms of the agreement between the counterparties, including information on the basis of the netting calculation, types of collateral, and the definition of default and other termination events for transactions executed under the agreement. The master netting agreements contain the terms and conditions by which all (or as many as possible) relevant transactions between the counterparties are governed. Multiple individual transactions are subsumed under this general master netting agreement, forming a single legal contract under which the counterparties conduct their relevant mutual business. In addition to the mitigation of credit risk, placing individual transactions under a single master netting agreement that provides for netting of transactions in scope also helps to mitigate settlement risks associated with transacting in multiple jurisdictions or across multiple contracts. These arrangements include clearing agreements, global master repurchase agreements, and global master securities lending agreements. In the normal course of business, the Bank enters into numerous contracts to buy and sell goods and services from various suppliers. Some of these contracts may have netting provisions that allow for the offset of various trade payables and receivables in the event of default of one of the parties. While these are not disclosed in the following table, the gross amount of all payables and receivables to and from the Bank’s vendors is disclosed in Note 16 in accounts receivable and other items, and in Note 18 in accounts payable, accrued expenses, and other items. The Bank also enters into regular way purchases and sales of stocks and bonds. Some of these transactions may have netting provisions that allow for the offset of broker payables and broker receivables related to these purchases and sales. While these are not disclosed in the following table, the amount of receivables are disclosed in amounts receivable from brokers, dealers, and clients and payables are disclosed in amounts payable to brokers, dealers, and clients. The following table provides a summary of the financial assets and liabilities which are subject to enforceable master netting agreements and similar arrangements, including amounts not otherwise set off on the Consolidated Balance Sheet, as well as financial collateral received to mitigate credit exposures for these financial assets and liabilities. The gross financial assets and liabilities are reconciled to the net amounts presented within the associated line on the Consolidated Balance Sheet, after giving effect to transactions with the same counterparties that have been offset on the Consolidated Balance Sheet. Related amounts and collateral received that are not offset on the Consolidated Balance Sheet, but are otherwise subject to the same enforceable netting agreements and similar arrangements, are then presented to arrive at a net amount. Offsetting Financial Assets and Financial Liabilities (millions of Canadian dollars) As at October 31, 2020 Amounts subject to an enforceable 1,2 Gross amounts balance sheet Gross amounts Net amount Amounts Collateral Net Amount Financial Assets Derivatives $ 55,732 $ 1,490 $ 54,242 $ 34,970 $ 8,914 $ 10,358 Securities purchased under 198,273 29,111 169,162 38,335 129,682 1,145 Total 254,005 30,601 223,404 73,305 138,596 11,503 Financial Liabilities Derivatives 54,693 1,490 53,203 34,970 16,998 1,235 Obligations related to securities sold 217,987 29,111 188,876 38,335 149,882 659 Total $ 272,680 $ 30,601 $ 242,079 $ 73,305 $ 166,880 $ 1,894 October 31, 2019 Financial Assets Derivatives $ 55,973 $ 7,079 $ 48,894 $ 32,664 $ 8,840 $ 7,390 Securities purchased under 180,054 14,119 165,935 14,430 141,903 9,602 Total 236,027 21,198 214,829 47,094 150,743 16,992 Financial Liabilities Derivatives 57,130 7,079 50,051 32,664 17,387 – Obligations related to securities sold 139,975 14,119 125,856 14,430 110,995 431 Total $ 197,105 $ 21,198 $ 175,907 $ 47,094 $ 128,382 $ 431 1 Excess collateral as a result of overcollateralization has not been reflected in the table. 2 Includes amounts where the contractual set-off rights are subject to uncertainty under the laws of the relevant jurisdiction.

Securities

Securities	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Securities	NOTE 7: SECURITIES Remaining Terms to Maturities of Securities The remaining terms to contractual maturities of the securities held by the Bank are shown on the following table. Securities Maturity Schedule 1 (millions of Canadian dollars) As at October 31 2020 October 31 2019 Remaining terms to maturities 2 Within Over 1 Over 3 Over 5 Over 10 With no specific maturity Total Total Trading securities Government and government-related securities Canadian government debt Federal $ 16,124 $ 1,774 $ 431 $ 2,335 $ 828 $ – $ 21,492 $ 10,916 Provinces 1,621 984 904 917 4,042 – 8,468 8,518 U.S. federal, state, municipal governments, and agencies debt 4,615 5,466 5,235 781 6,728 – 22,825 19,133 Other OECD government-guaranteed debt 1,085 915 554 1,460 549 – 4,563 4,132 Mortgage-backed securities Residential 299 575 653 – – – 1,527 1,603 Commercial – 16 80 67 – – 163 143 23,744 9,730 7,857 5,560 12,147 – 59,038 44,445 Other debt securities Canadian issuers 816 1,500 1,284 1,310 705 – 5,615 5,132 Other issuers 3,753 4,817 2,965 1,572 246 – 13,353 13,548 4,569 6,317 4,249 2,882 951 – 18,968 18,680 Equity securities Common shares – – – – – 43,842 43,842 56,119 Preferred shares – – – – – 37 37 57 – – – – – 43,879 43,879 56,176 Retained interests – 3 6 5 – – 14 19 Total trading securities $ 28,313 $ 16,050 $ 12,112 $ 8,447 $ 13,098 $ 43,879 $ 121,899 $ 119,320 Non-trading financial assets at fair value through profit or loss Government and government-related securities Canadian government debt Federal $ – $ – $ – $ – $ – $ – $ – $ 32 U.S. federal, state, municipal governments, and agencies debt – – – – 388 – 388 287 – – – – 388 – 388 319 Other debt securities Canadian issuers – 47 281 – – 324 652 587 Asset-backed securities 112 1,997 527 598 58 – 3,292 3,362 Other issuers – – – – – 170 170 132 112 2,044 808 598 58 494 4,114 4,081 Equity securities Common shares – – – – – 293 293 277 Preferred shares – – – – – 35 35 30 – – – – – 328 328 307 Total non-trading financial assets at fair value through profit or loss $ 112 $ 2,044 $ 808 $ 598 $ 446 $ 822 $ 4,830 $ 4,707 Financial assets designated at fair value through profit or loss Government and government-related Canadian government debt Federal $ 1,129 $ – $ – $ – $ – $ – $ 1,129 $ 164 Provinces 325 70 50 1 99 – 545 388 U.S. federal, state, municipal governments, and – 11 – – – – 11 67 Other OECD government-guaranteed debt 146 137 101 – – – 384 794 1,600 218 151 1 99 – 2,069 1,413 Other debt securities Canadian issuers 309 757 635 457 22 – 2,180 1,888 Other issuers 65 252 173 – – – 490 739 374 1,009 808 457 22 – 2,670 2,627 Total financial assets designated at fair value through profit or loss $ 1,974 $ 1,227 $ 959 $ 458 $ 121 $ – $ 4,739 $ 4,040 1 Certain comparative amounts have been added to conform with the presentation adopted in the current period. 2 Represents contractual maturities. Actual maturities may differ due to prepayment privileges in the applicable contract. Securities Maturity Schedule 1 (millions of Canadian dollars) As at October 31 October 31 Remaining terms to maturities 2 Within 1 year Over Over Over Over With no Total Total Securities at fair value through other comprehensive income Government and government-related Canadian government debt Federal $ 2,144 $ 2,922 $ 6,120 $ 2,434 $ 506 $ – $ 14,126 $ 9,663 Provinces 1,368 2,308 4,430 7,920 476 – 16,502 12,927 U.S. federal, state, municipal governments, and agencies debt 10,516 11,497 2,467 3,031 5,523 – 33,034 40,737 Other OECD government-guaranteed debt 3,988 6,025 539 204 – – 10,756 14,407 Mortgage-backed securities 1,166 2,699 – – – – 3,865 5,437 19,182 25,451 13,556 13,589 6,505 – 78,283 83,171 Other debt securities Asset-backed securities 954 1,978 1,906 1,649 3,519 – 10,006 15,888 Non-agency collateralized mortgage obligation – – – – – – – 247 Corporate and other debt 2,174 3,570 2,519 1,612 20 – 9,895 7,834 3,128 5,548 4,425 3,261 3,539 – 19,901 23,969 Equity securities Common shares – – – – – 2,387 2,387 1,598 Preferred shares – – – – – 212 212 242 – – – – – 2,599 2,599 1,840 Total securities at fair value through other comprehensive income $ 22,310 $ 30,999 $ 17,981 $ 16,850 $ 10,044 $ 2,599 $ 100,783 $ 108,980 Debt securities at amortized cost, net of allowance for credit losses Government and government-related securities Canadian government debt Federal $ 11,046 $ 1,201 $ 3,036 $ 643 $ 2,055 $ – $ 17,981 $ 4,771 Provinces 77 293 2,075 2,784 398 – 5,627 2,271 U.S. federal, state, municipal governments, and 36,788 7,987 12,045 23,086 33,939 – 113,845 43,214 Other OECD government guaranteed debt 8,105 16,438 11,077 1,520 – – 37,140 28,019 56,016 25,919 28,233 28,033 36,392 – 174,593 78,275 Other debt securities Asset-backed securities 9 5,856 8,811 2,102 10,419 – 27,197 28,763 Non-agency collateralized mortgage obligation – – – 80 16,912 – 16,992 16,236 Canadian issuers 203 49 54 573 8 – 887 99 Other issuers 1,059 3,788 1,746 1,415 2 – 8,010 7,124 1,271 9,693 10,611 4,170 27,341 – 53,086 52,222 Total debt securities at amortized cost, net of 57,287 35,612 38,844 32,203 63,733 – 227,679 130,497 Total securities $ 109,996 $ 85,932 $ 70,704 $ 58,556 $ 87,442 $ 47,300 $ 459,930 $ 367,544 1 Certain comparative amounts have been added to conform with the presentation adopted in the current period. 2 Represents contractual maturities. Actual maturities may differ due to prepayment privileges in the applicable contract. Unrealized Securities Gains (Losses) The following table summarizes the unrealized gains and losses as at October 31, 2020 and October 31, 2019. Unrealized Securities Gains (Losses) for Securities at Fair Value Through Other Comprehensive Income (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Cost/ 1 Gross Gross (losses ) Fair value Cost/ 1 Gross unrealized gains Gross unrealized (losses ) Fair value Government and government-related Canadian government debt Federal $ 13,967 $ 160 $ (1 ) $ 14,126 $ 9,603 $ 62 $ (2 ) $ 9,663 Provinces 16,342 181 (21 ) 16,502 12,890 77 (40 ) 12,927 U.S. federal, state, municipal governments, and 32,875 192 (33 ) 33,034 40,703 86 (52 ) 40,737 Other OECD government guaranteed debt 10,720 39 (3 ) 10,756 14,394 21 (8 ) 14,407 Mortgage-backed securities 3,855 11 (1 ) 3,865 5,407 31 (1 ) 5,437 77,759 583 (59 ) 78,283 82,997 277 (103 ) 83,171 Other debt securities Asset-backed securities 10,051 26 (71 ) 10,006 15,890 29 (31 ) 15,888 Non-agency collateralized mortgage obligation – – – – 247 – – 247 Corporate and other debt 9,853 79 (37 ) 9,895 7,832 27 (25 ) 7,834 19,904 105 (108 ) 19,901 23,969 56 (56 ) 23,969 Total debt securities 97,663 688 (167 ) 98,184 106,966 333 (159 ) 107,140 Equity securities Common shares 2,641 26 (280 ) 2,387 1,594 31 (27 ) 1,598 Preferred shares 303 – (91 ) 212 302 4 (64 ) 242 2,944 26 (371 ) 2,599 1,896 35 (91 ) 1,840 Total securities at fair value through other $ 100,607 $ 714 $ (538 ) $ 100,783 $ 108,862 $ 368 $ (250 ) $ 108,980 1 Includes the foreign exchange translation of amortized cost balances at the period-end spot rate. Equity Securities Designated at Fair Value Through Other Comprehensive Income The Bank designated certain equity securities shown in the following table as equity securities at FVOCI. The designation was made because the investments are held for purposes other than trading. Equity Securities Designated at Fair Value Through Other Comprehensive Income (millions of Canadian dollars) As at For the year ended October 31, 2020 October 31, 2019 October 31, 2020 October 31, 2019 Fair value Dividend income recognized Common shares $ 2,387 $ 1,598 $ 93 $ 64 Preferred shares 212 242 14 15 Total $ 2,599 $ 1,840 $ 107 $ 79 The Bank disposed of certain equity securities in line with the Bank’s investment strategy with a fair value of $40 million during the year ended October 31, 2020 (October 31, 2019 – $323 million). The Bank realized a cumulative gain (loss) of $(18) million during the year ended October 31, 2020 (October 31, 2019 – $68 million) on disposal of these equity securities and recognized dividend income of nil during the year ended October 31, 2020 (October 31, 2019 – $3 million). Securities Net Realized Gains (Losses) (millions of Canadian dollars) For the year ended October 31 2020 October 31 Debt securities at amortized cost $ 13 $ 49 Debt securities at fair value through other comprehensive income 27 29 Total $ 40 $ 78 Credit Quality of Debt Securities The Bank evaluates non-retail credit risk on an individual borrower basis, using both a BRR and FRR, as detailed in the shaded area of the “Managing Risk” section of the 2020 MD&A. This system is used to assess all non-retail exposures, including debt securities. The following table provides the gross carrying amounts of debt securities measured at amortized cost and debt securities at FVOCI by internal risk ratings for credit risk management purposes, presenting separately those debt securities that are subject to Stage 1, Stage 2, and Stage 3 allowances. Debt Securities by Risk Ratings (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Debt securities Investment grade $ 322,842 $ – $ n/a $ 322,842 $ 235,475 $ – $ n/a $ 235,475 Non-Investment 2,762 244 n/a 3,006 2,109 54 n/a 2,163 Watch and classified n/a 17 n/a 17 n/a – n/a – Default n/a n/a – – n/a n/a – – Total debt securities 325,604 261 – 325,865 237,584 54 – 237,638 Allowance for credit losses on debt securities at amortized cost 2 – – 2 1 – – 1 Debt securities, net of allowance $ 325,602 $ 261 $ – $ 325,863 $ 237,583 $ 54 $ – $ 237,637 As at October 31, 2020, the allowance for credit losses on debt securities was $7 million (October 31, 2019 – $4 million), comprising $2 million (October 31, 2019 – $1 million) for debt securities at amortized cost (DSAC) and $5 million (October 31, 2019 – $3 million) for debt securities at FVOCI. For the year ended October 31, 2020, the Bank reported a provision for credit losses of $1 million (October 31, 2019 – $1 million) on DSAC. For the year ended October 31, 2020, the Bank reported a provision for credit losses of $2 million (October 31, 2019 – recovery of credit losses of $2 million) on debt securities at FVOCI. The difference between probability-weighted ECLs and base ECLs on debt securities at FVOCI and at amortized cost as at both October 31, 2020 and October 31, 2019, was insignificant. Refer to Note 3 for further details.

Loans, Impaired Loans, and Allo

Loans, Impaired Loans, and Allowance for Credit Losses	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Loans, Impaired Loans, and Allowance for Credit Losses	NOTE 8: LOANS, IMPAIRED LOANS, AND ALLOWANCE FOR CREDIT LOSSES Credit Quality of Loans In the retail portfolio, including individuals and small businesses, the Bank manages exposures on a pooled basis, using predictive credit scoring techniques. For non-retail exposures, each borrower is assigned a BRR that reflects the PD of the borrower using proprietary industry and sector specific risk models and expert judgment. Refer to the shaded areas of the “Managing Risk” section of the 2020 MD&A for further details, including the mapping of PD ranges to risk levels for retail exposures as well as the Bank’s 21-point BRR scale to risk levels and external ratings for non-retail exposures. The following tables provide the gross carrying amounts of loans, acceptances, and credit risk exposures on loan commitments and financial guarantee contracts by internal risk ratings for credit risk management purposes, presenting separately those that are subject to Stage 1, Stage 2, and Stage 3 allowances. Loans and Acceptances by Risk Ratings (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Residential mortgages 1,2,3 Low Risk $ 169,710 $ 3,125 $ n/a $ 172,835 $ 181,748 $ 77 $ n/a $ 181,825 Normal Risk 56,663 9,938 n/a 66,601 43,988 248 n/a 44,236 Medium Risk – 7,690 n/a 7,690 5,817 433 n/a 6,250 High Risk – 4,120 443 4,563 964 1,454 366 2,784 Default n/a n/a 530 530 n/a n/a 545 545 Total 226,373 24,873 973 252,219 232,517 2,212 911 235,640 Allowance for loan losses 32 205 65 302 28 26 56 110 Loans, net of allowance 226,341 24,668 908 251,917 232,489 2,186 855 235,530 Consumer instalment and other personal 4 Low Risk 77,178 1,199 n/a 78,377 92,601 953 n/a 93,554 Normal Risk 59,349 1,360 n/a 60,709 46,878 973 n/a 47,851 Medium Risk 28,094 3,631 n/a 31,725 27,576 879 n/a 28,455 High Risk 3,700 9,940 638 14,278 6,971 2,435 618 10,024 Default n/a n/a 371 371 n/a n/a 450 450 Total 168,321 16,130 1,009 185,460 174,026 5,240 1,068 180,334 Allowance for loan losses 567 1,265 187 2,019 690 384 175 1,249 Loans, net of allowance 167,754 14,865 822 183,441 173,336 4,856 893 179,085 Credit card Low Risk 3,916 49 n/a 3,965 7,188 48 n/a 7,236 Normal Risk 7,027 129 n/a 7,156 10,807 82 n/a 10,889 Medium Risk 10,431 804 n/a 11,235 11,218 275 n/a 11,493 High Risk 3,493 6,180 206 9,879 4,798 1,670 355 6,823 Default n/a n/a 99 99 n/a n/a 123 123 Total 24,867 7,162 305 32,334 34,011 2,075 478 36,564 Allowance for loan losses 624 1,726 204 2,554 732 521 322 1,575 Loans, net of allowance 24,243 5,436 101 29,780 33,279 1,554 156 34,989 Business and government 1,2,3,5,6,7 Investment grade or Low/Normal Risk 120,106 250 n/a 120,356 111,763 81 n/a 111,844 Non-Investment grade or Medium Risk 126,509 11,818 n/a 138,327 128,263 5,540 n/a 133,803 Watch and classified or High Risk 890 12,567 120 13,577 951 4,649 158 5,758 Default n/a n/a 982 982 n/a n/a 730 730 Total 247,505 24,635 1,102 273,242 240,977 10,270 888 252,135 Allowance for loan and acceptances losses 1,321 1,706 388 3,415 672 648 193 1,513 Loans and acceptances, net of allowance 246,184 22,929 714 269,827 240,305 9,622 695 250,622 Total loans and acceptances 5,8 667,066 72,800 3,389 743,255 681,531 19,797 3,345 704,673 Total Allowance for loan losses 8 2,544 4,902 844 8,290 2,122 1,579 746 4,447 Total loans and acceptances, net of allowance 5,8 $ 664,522 $ 67,898 $ 2,545 $ 734,965 $ 679,409 $ 18,218 $ 2,599 $ 700,226 1 As at October 31, 2020, impaired loans with a balance of $111 million (October 31, 2019 – $127 million) did not have a related allowance for loan losses. An allowance was not required for these loans as the balance relates to loans where the realizable value of the collateral exceeded the loan amount. 2 As at October 31, 2020, excludes trading loans and non-trading loans at FVTPL with a fair value of $13 billion (October 31, 2019 – $12 billion) and $4 billion (October 31, 2019 – $2 billion), respectively. 3 As at October 31, 2020, includes insured mortgages of $86 billion (October 31, 2019 – $88 billion). 4 As at October 31, 2020, includes Canadian government-insured real estate personal loans of $12 billion (October 31, 2019 – $13 billion). 5 As at October 31, 2020, includes loans that are measured at FVOCI of $3 billion (October 31, 2019 – $2 billion) and customers’ liability under acceptances of $15 billion (October 31, 2019 – $13 billion). 6 As at October 31, 2020, includes loans guaranteed by government agencies of $27 billion (October 31, 2019 - $26 billion), which are primarily classified in Non-Investment grade or a lower risk rating based on the borrowers’ credit risk. 7 Certain comparative amounts have been reclassified to conform with the presentation adopted in the current year. 8 As at October 31, 2020, Stage 3 includes ACI loans of $232 million (October 31, 2019 – $313 million) and a related allowance for loan losses of $10 million (October 31, 2019 – $12 million), which have been included in the “Default” risk rating category as they were impaired at acquisition. Loans and Acceptances by Risk Ratings – Off-Balance Sheet Credit Instruments 1 (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Retail Exposures 2 Low Risk $ 200,226 $ 724 $ n/a $ 200,950 $ 227,757 $ 732 $ n/a $ 228,489 Normal Risk 78,448 1,124 n/a 79,572 67,245 570 n/a 67,815 Medium Risk 35,187 1,444 n/a 36,631 13,204 277 n/a 13,481 High Risk 2,004 3,025 – 5,029 1,869 854 – 2,723 Default n/a n/a – – n/a n/a – – Non-Retail Exposures 3 Investment grade 194,182 – n/a 194,182 179,650 – n/a 179,650 Non-Investment grade 76,280 6,553 n/a 82,833 64,553 3,397 n/a 67,950 Watch and classified 18 4,416 – 4,434 2 2,126 – 2,128 Default n/a n/a 144 144 n/a n/a 108 108 Total off-balance sheet credit instruments 586,345 17,286 144 603,775 554,280 7,956 108 562,344 Allowance for off-balance sheet credit instruments 381 672 34 1,087 293 277 15 585 Total off-balance sheet credit instruments, net of allowance $ 585,964 $ 16,614 $ 110 $ 602,688 $ 553,987 $ 7,679 $ 93 $ 561,759 1 Exclude mortgage commitments. 2 As at October 31, 2020, includes $321 billion (October 31, 2019 – $311 billion) of personal lines of credit and credit card lines, which are unconditionally cancellable at the Bank’s discretion at any time. 3 As at October 31, 2020, includes $43 billion (October 31, 2019 – $41 billion) of the undrawn component of uncommitted credit and liquidity facilities. The following table presents information related to the Bank’s impaired loans as at October 31, 2020 and October 31, 2019. Impaired Loans 1 (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Unpaid 2 Carrying Related Average Unpaid 2 Carrying Related Average Residential mortgages $ 885 $ 825 $ 67 $ 781 $ 788 $ 724 $ 53 $ 698 Consumer instalment and other personal 1,068 988 186 1,067 1,159 1,037 173 1,160 Credit card 305 305 204 446 478 478 322 465 Business and government 1,134 1,039 377 1,137 870 793 186 906 Total $ 3,392 $ 3,157 $ 834 $ 3,431 $ 3,295 $ 3,032 $ 734 $ 3,229 1 Balances exclude ACI loans. 2 Represents contractual amount of principal owed. The changes to the Bank’s allowance for loan losses, as at and for the years ended October 31, 2020 and October 31, 2019, are shown in the following table. Allowance for Loan Losses (millions of Canadian dollars) For the years ended October 31 2020 2019 Stage 1 Stage 2 Stage 3 1 Total Stage 1 Stage 2 Stage 3 1 Total Residential Mortgages Balance at beginning of period $ 28 $ 26 $ 56 $ 110 $ 24 $ 34 $ 52 $ 110 Provision for credit losses Transfer to Stage 1 2 66 (65 ) (1 ) – 35 (33 ) (2 ) – Transfer to Stage 2 (33 ) 46 (13 ) – (5 ) 13 (8 ) – Transfer to Stage 3 – (14 ) 14 – (2 ) (8 ) 10 – Net remeasurement due to transfers 3 (20 ) 29 – 9 (16 ) 6 – (10 ) New originations or purchases 4 15 n/a n/a 15 14 n/a n/a 14 Net repayments 5 – (1 ) – (1 ) – (1 ) – (1 ) Derecognition of financial assets (excluding disposals and write-offs) 6 (4 ) (11 ) (22 ) (37 ) (4 ) (5 ) (17 ) (26 ) Changes to risk, parameters, and models 7 (21 ) 196 53 228 (18 ) 20 49 51 Disposals – – – – – – – – Write-offs – – (26 ) (26 ) – – (31 ) (31 ) Recoveries 1 (1 ) 1 1 – – 1 1 Foreign exchange and other adjustments – – 3 3 – – 2 2 Balance at end of period $ 32 $ 205 $ 65 $ 302 $ 28 $ 26 $ 56 $ 110 Consumer Instalment and Other Personal Balance, including off-balance sheet instruments, at beginning of period $ 717 $ 417 $ 175 $ 1,309 $ 599 $ 392 $ 180 $ 1,171 Provision for credit losses Transfer to Stage 1 2 490 (473 ) (17 ) – 352 (333 ) (19 ) – Transfer to Stage 2 (438 ) 504 (66 ) – (121 ) 164 (43 ) – Transfer to Stage 3 (11 ) (147 ) 158 – (15 ) (164 ) 179 – Net remeasurement due to transfers 3 (216 ) 473 11 268 (149 ) 160 11 22 New originations or purchases 4 327 n/a n/a 327 326 n/a n/a 326 Net repayments 5 (92 ) (62 ) (11 ) (165 ) (88 ) (30 ) (12 ) (130 ) Derecognition of financial assets (excluding disposals and write-offs) 6 (95 ) (73 ) (31 ) (199 ) (81 ) (71 ) (49 ) (201 ) Changes to risk, parameters, and models 7 (83 ) 698 952 1,567 (105 ) 298 893 1,086 Disposals – – – – – – – – Write-offs – – (1,261 ) (1,261 ) – – (1,220 ) (1,220 ) Recoveries – – 278 278 – – 254 254 Foreign exchange and other adjustments (4 ) (7 ) (1 ) (12 ) (1 ) 1 1 1 Balance, including off-balance sheet instruments, at end of period 595 1,330 187 2,112 717 417 175 1,309 Less: Allowance for off-balance sheet instruments 8 28 65 – 93 27 33 – 60 Balance at end of period $ 567 $ 1,265 $ 187 $ 2,019 $ 690 $ 384 $ 175 $ 1,249 Credit Card 9 Balance, including off-balance sheet instruments, at beginning of period $ 934 $ 673 $ 322 $ 1,929 $ 819 $ 580 $ 341 $ 1,740 Provision for credit losses Transfer to Stage 1 2 1,000 (970 ) (30 ) – 705 (623 ) (82 ) – Transfer to Stage 2 (598 ) 673 (75 ) – (224 ) 288 (64 ) – Transfer to Stage 3 (19 ) (638 ) 657 – (30 ) (563 ) 593 – Net remeasurement due to transfers 3 (356 ) 830 22 496 (240 ) 314 41 115 New originations or purchases 4 174 n/a n/a 174 144 n/a n/a 144 Net repayments 5 (35 ) (7 ) 35 (7 ) 92 3 (22 ) 73 Derecognition of financial assets (excluding disposals and write-offs) 6 (145 ) (174 ) (378 ) (697 ) (96 ) (107 ) (439 ) (642 ) Changes to risk, parameters, and models 7 (152 ) 1,814 1,063 2,725 (236 ) 781 1,356 1,901 Disposals – – – – – – – – Write-offs – – (1,720 ) (1,720 ) – – (1,699 ) (1,699 ) Recoveries – – 306 306 – – 297 297 Foreign exchange and other adjustments (4 ) (20 ) 2 (22 ) – – – – Balance, including off-balance sheet instruments, at end of period 799 2,181 204 3,184 934 673 322 1,929 Less: Allowance for off-balance sheet instruments 8 175 455 – 630 202 152 – 354 Balance at end of period $ 624 $ 1,726 $ 204 $ 2,554 $ 732 $ 521 $ 322 $ 1,575 1 Includes allowance for loan losses related to ACI loans. 2 Transfers represent stage transfer movements prior to ECL remeasurement. 3 Represents the mechanical remeasurement between twelve-month (i.e., Stage 1) and lifetime ECLs (i.e., Stage 2 or 3) due to stage transfers necessitated by credit risk migration, as described in the “Significant Increase in Credit Risk” section of Note 2, Summary of Significant Accounting Policies , Significant Accounting Judgments, Estimates and Assumptions 4 Represents the increase in the allowance resulting from loans that were newly originated, purchased, or renewed. 5 Represents the changes in the allowance related to cash flow changes associated with new draws or repayments on loans outstanding. 6 Represents the decrease in the allowance resulting from loans that were fully repaid and excludes the decrease associated with loans that were disposed or fully written off. 7 Represents the changes in the allowance related to current period changes in risk (e.g. PD) caused by changes to macroeconomic factors, level of risk, parameters, and/or models, subsequent to stage migration. Refer to the “Measurement of Expected Credit Losses”, “Forward Looking Information” and “Expert Credit Judgment” sections of Note 2, Summary of Significant Accounting Policies Significant Accounting Judgments, Estimates and Assumptions 8 The allowance for loan losses for off-balance sheet instruments is recorded in Other liabilities on the Consolidated Balance Sheet. 9 Credit cards are considered impaired and migrate to Stage 3 when they are 90 days past due and written off at 180 days past due. Refer to Note 2 for further details. Allowance for Loan Losses (millions of Canadian dollars) For the years ended October 31 2020 2019 Stage 1 Stage 2 Stage 3 1 Total Stage 1 Stage 2 Stage 3 1 Total Business and Government 2 Balance, including off-balance sheet instruments, as beginning of period $ 736 $ 740 $ 208 $ 1,684 $ 736 $ 688 $ 133 $ 1,557 Provision for credit losses Transfer to Stage 1 3 255 (248 ) (7 ) – 214 (210 ) (4 ) – Transfer to Stage 2 (459 ) 482 (23 ) – (127 ) 138 (11 ) – Transfer to Stage 3 (14 ) (131 ) 145 – (18 ) (136 ) 154 – Net remeasurement due to transfers 3 (94 ) 256 (4 ) 158 (89 ) 115 2 28 New originations or purchases 3 871 n/a n/a 871 451 n/a n/a 451 Net repayments 3 (52 ) (68 ) (54 ) (174 ) (9 ) (35 ) (42 ) (86 ) Derecognition of financial assets (excluding disposals and write-offs) 3 (459 ) (503 ) (242 ) (1,204 ) (340 ) (382 ) (85 ) (807 ) Changes to risk, parameters, and models 3 727 1,334 827 2,888 (83 ) 564 241 722 Disposals – – (22 ) (22 ) – (3 ) – (3 ) Write-offs – – (430 ) (430 ) – – (228 ) (228 ) Recoveries – – 52 52 – – 57 57 Foreign exchange and other adjustments (12 ) (4 ) (28 ) (44 ) 1 1 (9 ) (7 ) Balance, including off-balance sheet instruments, at end of period 1,499 1,858 422 3,779 736 740 208 1,684 Less: Allowance for off-balance sheet instruments 3,4 178 152 34 364 64 92 15 171 Balance at end of period 1,321 1,706 388 3,415 672 648 193 1,513 Total Allowance for Loan Losses at end of period $ 2,544 $ 4,902 $ 844 $ 8,290 $ 2,122 $ 1,579 $ 746 $ 4,447 1 Includes allowance for loan losses related to ACI loans. 2 Includes the allowance for loan losses related to customers’ liability under acceptances. 3 For explanations regarding this line item, refer to the “Allowance for Loan Losses” table on the previous page in this Note. 4 The allowance for loan losses for off-balance sheet instruments is recorded in Other liabilities on the Consolidated Balance Sheet. The allowance for credit losses on all remaining financial assets is not significant. FORWARD-LOOKING INFORMATION Relevant macroeconomic factors are incorporated in risk parameters as appropriate. Additional risk factors that are industry or segment specific are also incorporated, where relevant. The key macroeconomic variables used in determining ECLs include regional unemployment rates for all retail exposures and regional housing price indices for residential mortgages and home equity lines of credit. For business and government loans, the key macroeconomic variables include GDP, unemployment rates, interest rates, and credit spreads. Refer to Note 3 for a discussion of how forward-looking information is considered in determining whether there has been a significant increase in credit risk and in measuring ECLs. Forward-looking macroeconomic forecasts are generated by TD Economics as part of the ECL process: A base economic forecast is accompanied with upside and downside estimates of realistically possible economic conditions. All macroeconomic forecasts are updated quarterly for each variable on a regional basis where applicable and incorporated as relevant into the quarterly modelling of base, upside and downside risk parameters used in the calculation of ECL scenarios and probability-weighted ECLs. Macroeconomic variables for the upside scenario are statistically derived relative to the base forecast based on historical distribution of each variable. For the downside scenario, since the second quarter of 2020, macroeconomic variables were based on plausible scenario analysis of COVID-19 impacts, given the lack of comparable historical data for a shock of this nature. Macroeconomic Variables Select macroeconomic variables are projected over the forecast period. The following table represents the average values of the macroeconomic variables over the next four calendar quarters and the remaining 4-year forecast period for the base, upside, and downside forecasts used in determining the Bank’s ECLs as at October 31, 2020. As the forecast period increases, information about the future becomes less readily available and projections are anchored on assumptions around structural relationships between economic parameters that are inherently much less certain. The economic outlook is particularly uncertain at present given the wide range of potential outcomes related to the pandemic and government decisions. Following the onset of the COVID-19 pandemic in North America in March 2020, the economy went through a sudden and severe downturn in the first half of the calendar year followed by a rapid rebound in the third calendar quarter. The base forecast reflects an ongoing economic recovery at a significantly slower pace due to persistent restrictions imposed on economic activity to mitigate health risks. This prevents real GDP and unemployment rates from returning to pre-pandemic Macroeconomic Variables Base Forecasts Upside Forecasts Downside Forecasts Calendar Quarters 1 Average Q4 2020- 2 Remaining 4-year 2 Average Q4 2020- 2 Remaining 4-year 2 Average Q4 2020- 2 Remaining 4-year 2 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Unemployment rate Canada 9.3 % 8.8 % 8.0 % 7.5 % 8.4 % 6.1 % 7.8 % 5.7 % 10.2 % 6.2 % United States 8.3 7.9 7.7 7.2 7.8 4.8 7.1 4.1 9.4 5.1 Real GDP Canada 2.1 2.6 2.9 4.0 2.4 2.2 3.2 2.8 (0.7 ) 2.9 United States 2.8 2.9 2.7 4.3 1.8 2.4 2.3 3.0 (1.5 ) 3.1 Home prices Canada (average existing price) 3 0.1 (19.3 ) (9.4 ) 0.7 6.0 1.1 7.4 3.1 (3.5 ) 3.5 United States (CoreLogic HPI) 4 1.0 0.5 – 0.5 2.9 2.9 3.4 4.1 (2.4 ) 4.1 Central bank policy interest rate Canada 0.25 0.25 0.25 0.25 0.25 0.50 0.25 0.64 0.25 0.39 United States 0.25 0.25 0.25 0.25 0.25 0.50 0.25 0.72 0.25 0.39 U.S. 10-year 0.75 0.88 1.03 1.18 0.96 1.82 1.39 2.78 0.69 1.71 U.S. 10-year (%-pts) 1.90 1.88 1.85 1.83 1.87 1.80 1.77 1.53 2.14 1.81 Exchange rate (U.S. dollar/ Canadian dollar) $ 0.77 $ 0.78 $ 0.78 $ 0.78 $ 0.78 $ 0.77 $ 0.78 $ 0.81 $ 0.76 $ 0.77 1 Quarterly figures for real GDP and home prices are presented as the quarter on quarter change, seasonally adjusted annualized rate. 2 The numbers represent average values for the quoted periods, and average of year-on-year 3 The average home price is the average transacted sale price of homes sold via the Multiple Listing Service; data is collected by the Canadian Real Estate Association. 4 The CoreLogic home price index (HPI) is a repeat-sales index which tracks increases and decreases in the same home’s sales price over time. The following table represents the average values of the macroeconomic variables over the next twelve months and the remaining 4-year forecast period for the base, upside, and downside forecasts used in determining the Bank’s ECLs as at October 31, 2019. Macroeconomic Variables As at October 31, 2019 Base Forecasts Upside Downside Next 12 1 Remaining 1 Next 12 1 Remaining 1 Next 12 1 Remaining 4-year period 1 Unemployment rate Canada 5.8 % 5.8 % 5.7 % 5.2 % 6.8 % 8.0 % United States 3.8 4.1 3.6 3.5 4.9 6.1 Real gross domestic product (GDP) 2 Canada 1.6 1.8 1.8 2.2 0.6 0.3 United States 1.9 1.8 2.0 2.1 0.7 0.2 Home prices 2 Canada (average home price) 3 7.1 2.7 8.9 5.9 2.7 (3.5 ) United States (CoreLogic HPI) 4 3.6 3.6 4.4 5.0 2.4 1.7 Central bank policy interest rate Canada 1.31 1.53 1.75 2.16 0.75 0.63 United States 1.75 2.20 2.00 2.86 1.06 1.00 U.S. 10-year treasury yield 1.76 2.50 2.25 3.44 1.32 1.79 U.S. 10-year BBB spread 1.80 1.80 1.73 1.59 1.96 2.19 Exchange rate (U.S. dollar/Canadian dollar) $ 0.76 $ 0.77 $ 0.78 $ 0.83 $ 0.74 $ 0.69 1 The numbers represent average values for the quoted periods. 2 The numbers represent annual % change. 3 The average home price is the average transacted sale price of homes sold via the Multiple Listing Service (MLS); data is collected by the Canadian Real Estate Association (CREA). 4 The CoreLogic home price index (HPI) is a repeat-sales index which tracks increases and decreases in the same home’s sales price over time. SENSITIVITY OF EXPECTED CREDIT LOSSES The ECLs are sensitive to the inputs used in internally developed models, the macroeconomic variables in the forward-looking forecasts and respective probability weightings in determining the probability-weighted ECLs, and other factors considered when applying expert credit judgment. Changes in these inputs, assumptions, models, and judgments would affect the assessment of significant increase in credit risk and the measurement of ECLs. Refer to Note 3 for further details and for significant judgments applied as a result of COVID-19. The following table presents the base ECL scenario compared to the probability-weighted ECLs, with the latter derived from three ECL scenarios for performing loans and off-balance sheet instruments. The difference reflects the impact of deriving multiple scenarios around the base ECLs and resultant change in ECLs due to non-linearity and sensitivity to using macroeconomic forecasts. Change from Base to Probability-Weighted ECLs (millions of Canadian dollars, except as noted) As at October 31, 2020 October 31, 2019 Probability-weighted ECLs $ 8,500 $ 4,271 Base ECLs 8,157 4,104 Difference – in amount $ 343 $ 167 Difference – in percentage 4.0 % 3.9 % The ECLs for performing loans and off-balance sheet instruments consist of an aggregate amount of Stage 1 and Stage 2 probability-weighted ECLs which are twelve-month ECLs and lifetime ECLs, respectively. Transfers from Stage 1 to Stage 2 ECLs result from a significant increase in credit risk since initial recognition of the loan. The following table shows the estimated impact of staging on ECLs by presenting all performing loans and off-balance sheet instruments calculated using twelve-month Incremental Lifetime ECLs Impact (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Aggregate Stage 1 and 2 probability-weighted ECLs $ 8,500 $ 4,271 All performing loans and off-balance sheet instruments using 12-month ECLs 6,482 3,672 Incremental lifetime ECLs impact $ 2,018 $ 599 FORECLOSED ASSETS Foreclosed assets are repossessed non-financial assets where the Bank gains title, ownership, or possession of individual properties, such as real estate properties, which are managed for sale in an orderly manner with the proceeds used to reduce or repay any outstanding debt. The Bank does not generally occupy foreclosed properties for its business use. The Bank predominantly relies on third-party appraisals to determine the carrying value of foreclosed assets. Foreclosed assets held for sale were $77 million as at October 31, 2020 (October 31, 2019 – $121 million), and were recorded in Other assets on the Consolidated Balance Sheet. LOANS PAST DUE BUT NOT IMPAIRED A loan is classified as past due when a borrower has failed to make a payment by the contractual due date. The following table summarizes loans that are contractually past due but not impaired as at October 31, 2020 and October 31, 2019. Loans Past Due but not Impaired 1,2,3 (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 1-30 31-60 61-89 Total 1-30 31-60 61-89 Total Residential mortgages $ 1,325 $ 221 $ 64 $ 1,610 $ 1,709 $ 404 $ 111 $ 2,224 Consumer instalment and other personal 5,623 590 200 6,413 6,038 845 266 7,149 Credit card 956 218 149 1,323 1,401 351 229 1,981 Business and government 2,521 723 329 3,573 1,096 858 60 2,014 Total $ 10,425 $ 1,752 $ 742 $ 12,919 $ 10,244 $ 2,458 $ 666 $ 13,368 1 Includes loans that are measured at FVOCI. 2 Balances exclude ACI loans. 3 Loans deferred under a Bank-led COVID-19 relief program were not considered past due. Where such loans were already past due, they were not aged further during the deferral period. Aging for deferred loans commences subsequent to the deferral period. MODIFIED FINANCIAL ASSETS To provide financial relief to customers affected by the economic consequences of COVID-19, the Bank offered certain relief programs, including payment deferral options for residential mortgages, home equity loans, personal loans, auto loans, and commercial and small business loans. Including the modifications under the COVID-19 relief programs, the amortized cost of financial assets with lifetime allowance that were modified during the year ended October 31, 2020, was $7.7 billion (October 31, 2019 – $407 million) before modification, with insignificant modification gain or loss. The gross carrying amount of modified financial assets for which the loss allowance changed from lifetime to twelve-month ECLs during the year ended October 31, 2020 was $609 million (October 31, 2019 – $243 million). COLLATERAL As at October 31, 2020, the collateral held against total gross impaired loans represents 86% (October 31, 2019 – 77%) of total gross impaired loans. The fair value of non-financial collateral is determined at the origination date of the loan. A revaluation of non-financial collateral is performed if there has been a significant change in the terms and conditions of the loan and/or the loan is considered impaired. Management considers the nature of the collateral, seniority ranking of the debt, and loan structure in assessing the value of collateral. These estimated cash flows are reviewed at least annually, or more frequently when new information indicates a change in the timing or amount expected to be received.

Transfers Of Financial Assets

Transfers Of Financial Assets	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Transfers Of Financial Assets	NOTE 9: TRANSFERS OF FINANCIAL ASSETS LOAN SECURITIZATIONS The Bank securitizes loans through structured entity or non-structured entity third parties. Most loan securitizations do not qualify for derecognition since in most circumstances, the Bank continues to be exposed to substantially all of the prepayment, interest rate, and/or credit risk associated with the securitized financial assets and has not transferred substantially all of the risk and rewards of ownership of the securitized assets. Where loans do not qualify for derecognition, they are not derecognized from the balance sheet, retained interests are not recognized, and a securitization liability is recognized for the cash proceeds received. Certain transaction costs incurred are also capitalized and amortized using EIRM. The Bank securitizes insured residential mortgages under the National Housing Act Mortgage-Backed Securities (NHA MBS) program sponsored by the Canada Mortgage and Housing Corporation (CMHC). The MBS that are created through the NHA MBS program are sold to the Canada Housing Trust (CHT) as part of the CMB program, sold to third-party investors, or are held by the Bank. The CHT issues CMB to third-party investors and uses resulting proceeds to purchase NHA MBS from the Bank and other mortgage issuers in the Canadian market. Assets purchased by the CHT are comingled in a single trust from which CMB are issued. The Bank continues to be exposed to substantially all of the risks of the underlying mortgages, through the retention of a seller swap which transfers principal and interest payment risk on the NHA MBS back to the Bank in return for coupon paid on the CMB issuance and as such, the sales do not qualify for derecognition. The Bank securitizes U.S. originated residential mortgages with U.S. government agencies which qualify for derecognition from the Bank’s Consolidated Balance Sheet. As part of the securitization, the Bank retains the right to service the transferred mortgage loans. The MBS that are created through the securitization are typically sold to third-party investors. The Bank also securitizes personal loans and business and government loans to entities which may be structured entities. These securitizations may give rise to derecognition of the financial assets depending on the individual arrangement of each transaction. In addition, the Bank transfers credit card receivables, consumer instalment and other personal loans to structured entities that the Bank consolidates. Refer to Note 10 for further details. The following table summarizes the securitized asset types that did not qualify for derecognition, along with their associated securitization liabilities as at October 31, 2020 and October 31, 2019. Financial Assets Not Qualifying for Derecognition Treatment as Part of the Bank’s Securitization Programs (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Fair value Carrying Fair value Carrying Nature of transaction Securitization of residential mortgage loans $ 25,622 $ 25,271 $ 23,705 $ 23,689 Other financial assets transferred related to securitization 1 4,101 4,084 3,525 3,524 Total 29,723 29,355 27,230 27,213 Associated liabilities 2 $ 29,861 $ 29,486 $ 27,316 $ 27,144 1 Includes asset-backed securities, asset-backed commercial paper (ABCP), cash, repurchase agreements, and Government of Canada securities used to fulfil funding requirements of the Bank’s securitization structures after the initial securitization of mortgage loans. 2 Includes securitization liabilities carried at amortized cost of $16 billion as at October 31, 2020 (October 31, 2019 – $14 billion), and securitization liabilities carried at fair value of $14 billion as at October 31, 2020 (October 31, 2019 – $13 billion). Other Financial Assets Not Qualifying for Derecognition The Bank enters into certain transactions where it transfers previously recognized commodities and financial assets, such as, debt and equity securities, but retains substantially all of the risks and rewards of those assets. These transferred assets are not derecognized and the transfers are accounted for as financing transactions. The most common transactions of this nature are repurchase agreements and securities lending agreements, in which the Bank retains substantially all of the associated credit, price, interest rate, and foreign exchange risks and rewards associated with the assets. The following table summarizes the carrying amount of financial assets and the associated transactions that did not qualify for derecognition, as well as their associated financial liabilities as at October 31, 2020 and October 31, 2019. Other Financial Assets Not Qualifying for Derecognition 1 (millions of Canadian dollars) As at October 31 October 31 Carrying amount of assets Nature of transaction Repurchase agreements 2,3 $ 28,549 $ 16,537 Securities lending agreements 38,934 39,128 Total 67,483 55,665 Carrying amount of associated liabilities 3 $ 27,855 $ 16,975 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current year. 2 Includes $2.4 billion, as at October 31, 2020, of assets related to repurchase agreements or swaps that are collateralized by physical precious metals (October 31, 2019 – $1.3 billion). 3 Associated liabilities are all related to repurchase agreements. TRANSFERS OF FINANCIAL ASSETS QUALIFYING FOR DERECOGNITION Transferred financial assets that are derecognized in their entirety where the Bank has a continuing involvement Continuing involvement may arise if the Bank retains any contractual rights or obligations subsequent to the transfer of financial assets. Certain business and government loans securitized by the Bank are derecognized from the Bank’s Consolidated Balance Sheet. In instances where the Bank fully derecognizes business and government loans, the Bank may be exposed to the risks of transferred loans through a retained interest. As at October 31, 2020, the fair value of retained interests was $14 million (October 31, 2019 – $19 million). There are no ECLs on the retained interests of the securitized business and government loans as the underlying mortgages are all government insured. A gain or loss on sale of the loans is recognized immediately in other income after considering the effect of hedge accounting on the assets sold, if applicable. The amount of the gain or loss recognized depends on the previous carrying values of the loans involved in the transfer, allocated between the assets sold and the retained interests based on their relative fair values at the date of transfer. For the year ended October 31, 2020, the trading income recognized on the retained interest was nil (October 31, 2019 – $1 million). Certain portfolios of U.S. residential mortgages originated by the Bank are sold and derecognized from the Bank’s Consolidated Balance Sheet. In certain instances, the Bank has a continuing involvement to service those loans. As at October 31, 2020, the carrying value of these servicing rights was $61 million (October 31, 2019 – $52 million) and the fair value was $56 million (October 31, 2019 – $51 million). A gain or loss on sale of the loans is recognized immediately in other income. The gain (loss) on sale of the loans for the year ended October 31, 2020 was $78 million (October 31, 2019 – $14 million). Canada Emergency Business Account Program Under the Canada Emergency Business Account (CEBA) Program, with funding provided by Her Majesty in Right of Canada (the “Government of Canada”) and Export Development Canada (EDC) as the Government of Canada’s agent, the Bank provides loans to its eligible business banking customers. Under the CEBA Program, eligible businesses receive a $40,000 interest-free loan until December 31, 2022. If $30,000 is repaid on or before December 31, 2022, the remaining amount of the loan is eligible for complete forgiveness. If the loan is not repaid by December 31, 2022, it will be extended for an additional 3-year term bearing an interest rate of 5% per annum. The funding provided to the Bank by the Government of Canada in respect of the CEBA Program represents an obligation to pass-through collections on the CEBA loans and is otherwise non-recourse to the Bank. Accordingly, the Bank is required to remit all collections of principal and interest on the CEBA loans to the Government of Canada but is not required to repay amounts that its customers fail to pay or that have been forgiven. The Bank receives an administration fee to recover the costs to administer the program for the Government of Canada. The Bank continues to work with the Government of Canada and EDC as further amendments to the CEBA Program are contemplated. Loans issued under the program are not recognized on the Bank’s Consolidated Balance Sheet, as the Bank transfers substantially all risks and rewards in respect of the loans to the Government of Canada. As of October 31, 2020, the Bank had provided approximately 184,000 customers with CEBA loans and had funded approximately $7.3 billion in loans under the program.

Structured Entities

Structured Entities	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Structured Entities	The Bank uses structured entities for a variety of purposes including: (1) to facilitate the transfer of specified risks to clients; (2) as financing vehicles for itself or for clients; or (3) to segregate assets on behalf of investors. The Bank is typically restricted from accessing the assets of the structured entity under the relevant arrangements. The Bank is involved with structured entities that it sponsors, as well as entities sponsored by third parties. Factors assessed when determining if the Bank is the sponsor of a structured entity include whether the Bank is the predominant user of the entity; whether the entity’s branding or marketing identity is linked with the Bank; and whether the Bank provides an implicit or explicit guarantee of the entity’s performance to investors or other third parties. The Bank is not considered to be the sponsor of a structured entity if it only provides arm’s-length services to the entity, for example, by acting as administrator, distributor, custodian, or loan servicer. Sponsorship of a structured entity may indicate that the Bank had power over the entity at inception; however, this is not sufficient to determine if the Bank consolidates the entity. Regardless of whether or not the Bank sponsors an entity, consolidation is determined on a case-by-case basis. SPONSORED STRUCTURED ENTITIES The following section outlines the Bank’s involvement with key sponsored structured entities. Securitizations The Bank securitizes its own assets and facilitates the securitization of client assets through structured entities, such as conduits, which issue ABCP or other securitization entities which issue longer-dated term securities. Securitizations are an important source of liquidity for the Bank, allowing it to diversify its funding sources and to optimize its balance sheet management approach. The Bank sponsors both single-seller and multi-seller securitization conduits. Depending on the specifics of the entity, the variable returns absorbed through ABCP may be significantly mitigated by variable returns retained by the sellers. The Bank provides liquidity facilities to certain conduits for the benefit of ABCP investors which are structured as loan facilities between the Bank, as the sole liquidity lender, and the Bank-sponsored entity. If an entity experiences difficulty issuing ABCP due to illiquidity in the commercial market, the entity may draw on the loan facility, and use the proceeds to pay maturing ABCP. The ABCP issued by each multi-seller conduit is in the conduit’s own name with recourse to the financial assets owned by the multi-seller conduit, and is non-recourse to the Bank except through our participation in liquidity facilities. The Bank’s exposure to the variable returns of these conduits from its provision of liquidity facilities and any related commitments is mitigated by the sellers’ continued exposure to variable returns, as described below. The Bank provides administration and securities distribution services to its sponsored securitization conduits, which may result in it holding an investment in the ABCP issued by these entities. In some cases, the Bank may also provide credit enhancements or may transact derivatives with securitization conduits. The Bank earns fees from the conduits which are recognized when earned. The Bank sells assets to single-seller conduits which it controls and consolidates. Control results from the Bank’s power over the entity’s key economic decisions, predominantly, the mix of assets sold into the conduit and exposure to the variable returns of the transferred assets, usually through a derivative or the provision of credit mitigation in the form of cash reserves, over-collateralization, or guarantees over the performance of the entity’s portfolio of assets. Multi-seller conduits provide customers with alternate sources of financing through the securitization of their assets. These conduits are similar to single-seller conduits except that financial assets are purchased from more than one seller and commingled into a single portfolio of assets. Each transaction is structured with transaction-specific first loss protection provided by the third-party seller. This enhancement can take various forms, including but not limited to overcollateralization, excess spread, subordinated classes of financial assets, guarantees or letters of credit. The Bank is typically deemed to have power over the entity’s key economic decisions, namely, the selection of sellers and related assets sold as well as other decisions related to the management of risk in the vehicle. The Bank’s exposure to the variable returns of multi-seller does not consolidate such entities. Where the Bank is exposed to variable returns of a multi-seller conduit from provision of liquidity facilities, together with power over the entity as well as the ability to use its power to influence significant variable returns, the Bank consolidates the conduit. Investment Funds and Other Asset Management Entities As part of its asset management business, the Bank creates investment funds and trusts (including mutual funds), enabling it to provide its clients with a broad range of diversified exposure to different risk profiles, in accordance with the client’s risk appetite. Such entities may be actively managed or may be passively directed, for example, through the tracking of a specified index, depending on the entity’s investment strategy. Financing for these entities is obtained through the issuance of securities to investors, typically in the form of fund units. Based on each entity’s specific strategy and risk profile, the proceeds from this issuance are used by the entity to purchase a portfolio of assets. An entity’s portfolio may contain investments in securities, derivatives, or other assets, including cash. At the inception of a new investment fund or trust, the Bank will typically invest an amount of seed capital in the entity, allowing it to establish a performance history in the market. Over time, the Bank sells its seed capital holdings to third-party investors, as the entity’s AUM increases. As a result, the Bank’s holding of seed capital investment in its own sponsored investment funds and trusts is typically not significant to the Consolidated Financial Statements. Aside from any seed capital investments, the Bank’s interest in these entities is generally limited to fees earned for the provision of asset management services. The Bank does not typically provide guarantees over the performance of these funds. The Bank is typically considered to have power over the key economic decisions of sponsored asset management entities; however, it does not consolidate an entity unless it is also exposed to significant variable returns of the entity. This determination is made on a case-by-case basis, in accordance with the Bank’s consolidation policy. Financing Vehicles The Bank may use structured entities to provide a cost-effective means of financing its operations, including raising capital or obtaining funding. These structured entities include: (1) TD Capital Trust IV (Trust IV) and (2) TD Covered Bond (Legislative) Guarantor Limited Partnership (the “Covered Bond Entity”). The Bank had previously issued TD Capital Trust III Securities – Series 2008 (TD CaTS III) through TD Capital Trust III (Trust III), which were included in Non-controlling interests in subsidiaries on the Consolidated Balance Sheet. The TD CaTS III were fully redeemed on December 31, 2018 at a price of $1 billion plus the unpaid distribution payable on the redemption date. On June 30, 2019, Trust IV redeemed all of the outstanding $550 million TD Capital Trust IV Notes – Series 1. Refer to Note 20 for additional details. Trust IV issued innovative capital securities which count as Tier 1 Capital of the Bank, but, under Basel III, are considered non-qualifying capital instruments and are subject to the Basel III phase-out rules. The proceeds from these issuances were invested in assets purchased from the Bank which generate income for distribution to investors. Trust IV holds assets which are only exposed to the Bank’s own credit risk. The Bank is considered to have decision-making power over the key economic activities of Trust IV; however, the Bank does not consolidate the trust because it does not absorb significant variable returns of the trust as it is ultimately exposed only to its own credit risk. Refer to Note 20 for further details. The Bank issues, or has issued, debt under its covered bond program where the principal and interest payments of the notes are guaranteed by the Covered Bond Entity. The Bank sold a portfolio of assets to the Covered Bond Entity and provided a loan to the Covered Bond Entity to facilitate the purchase. The Bank is restricted from accessing the Covered Bond Entity’s assets under the relevant agreement. Investors in the Bank’s covered bonds may have recourse to the Bank should the assets of the Covered Bond Entity be insufficient to satisfy the covered bond liabilities. The Bank consolidates the Covered Bond Entity as it has power over the key economic activities and retains all the variable returns in this entity. THIRD-PARTY SPONSORED STRUCTURED ENTITIES In addition to structured entities sponsored by the Bank, the Bank is also involved with structured entities sponsored by third parties. Key involvement with third-party Third-party Sponsored Securitization Programs The Bank participates in the securitization program of government-sponsored structured entities, including the CMHC, a Crown corporation of the Government of Canada, and similar U.S. government-sponsored entities. The CMHC guarantees CMB issued through the CHT. The Bank is exposed to the variable returns in the CHT, through its retention of seller swaps resulting from its participation in the CHT program. The Bank does not have power over the CHT as its key economic activities are controlled by the Government of Canada. The Bank’s exposure to the CHT is included in the balance of residential mortgage loans as noted in Note 9, and is not disclosed in the table accompanying this Note. The Bank participates in the securitization programs sponsored by U.S. government agencies. The Bank is not exposed to significant variable returns from these agencies and does not have power over the key economic activities of the agencies, which are controlled by the U.S. government. Investment Holdings and Derivatives The Bank may hold interests in third-party structured entities, predominantly in the form of direct investments in securities or partnership interests issued by those structured entities, or through derivatives transacted with counterparties which are structured entities. Investments in, and derivatives with, structured entities are recognized on the Bank’s Consolidated Balance Sheet. The Bank does not typically consolidate third-party structured entities where its involvement is limited to investment holdings and/or derivatives as the Bank would not generally have power over the key economic decisions of these entities. Financing Transactions In the normal course of business, the Bank may enter into financing transactions with third-party structured entities including commercial loans, reverse repurchase agreements, prime brokerage margin lending, and similar collateralized lending transactions. While such transactions expose the Bank to the structured entities’ counterparty credit risk, this exposure is mitigated by the collateral related to these transactions. The Bank typically has neither power nor significant variable returns due to financing transactions with structured entities and would not generally consolidate such entities. Financing transactions with third-party sponsored structured entities are included on the Bank’s Consolidated Financial Statements and have not been included in the table accompanying this Note. Arm’s-length Servicing Relationships In addition to the involvement outlined above, the Bank may also provide services to structured entities on an arm’s-length basis, for example as sub-advisor to an investment fund or asset servicer. Similarly, the Bank’s asset management services provided to institutional investors may include transactions with structured entities. As a consequence of providing these services, the Bank may be exposed to variable returns from these structured entities, for example, through the receipt of fees or short-term exposure to the structured entity’s securities. Any such exposure is typically mitigated by collateral or some other contractual arrangement with the structured entity or its sponsor. The Bank generally has neither power nor significant variable returns from the provision of arm’s-length services to a structured entity and, consequently does not consolidate such entities. Fees and other exposures through servicing relationships are included on the Bank’s Consolidated Financial Statements and have not been included in the table accompanying this Note. INVOLVEMENT WITH CONSOLIDATED STRUCTURED ENTITIES Securitizations The Bank securitizes consumer instalment, and other personal loans through securitization entities, predominantly single-seller conduits. These conduits are consolidated by the Bank based on the factors described above. Aside from the exposure resulting from its involvement as seller and sponsor of consolidated securitization conduits described above, including the liquidity facilities provided, the Bank has no contractual or non-contractual arrangements to provide financial support to consolidated securitization conduits. The Bank’s interests in securitization conduits generally rank senior to interests held by other parties, in accordance with the Bank’s investment and risk policies. As a result, the Bank has no significant obligations to absorb losses before other holders of securitization issuances. Other Structured Consolidated Structured Entities Depending on the specific facts and circumstances of the Bank’s involvement with structured entities, the Bank may consolidate asset management entities, financing vehicles, or third-party sponsored structured entities, based on the factors described above. Aside from its exposure resulting from its involvement as sponsor or investor in the structured entities as previously discussed, the Bank does not typically have other contractual or non-contractual arrangements to provide financial support to these consolidated structured entities. INVOLVEMENT WITH UNCONSOLIDATED STRUCTURED ENTITIES The following table presents information related to the Bank’s unconsolidated structured entities. Unconsolidated structured entities include both TD and third-party sponsored entities. Securitizations include holdings in TD-sponsored multi-seller conduits, as well as third-party sponsored mortgage and asset-backed securitizations, including government-sponsored agency securities such as CMBs, and U.S. government agency issuances. Investment Funds and Trusts include holdings in third-party funds and trusts, as well as holdings in TD-sponsored asset management funds and trusts and commitments to certain U.S. municipal funds. Amounts in Other are predominantly related to investments in community-based U.S. tax-advantage entities described in Note 12. These holdings do not result in the consolidation of these entities as TD does not have power over these entities. Carrying Amount and Maximum Exposure to Unconsolidated Structured Entities (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Securitizations Investment funds and Other Total Securitizations Investment funds and Other Total FINANCIAL ASSETS Trading loans, securities, and other $ 8,764 $ 845 $ – $ 9,609 $ 8,450 $ 1,096 $ – $ 9,546 Non-trading financial assets at fair value through profit or loss 3,680 513 68 4,261 3,649 488 – 4,137 Derivatives 1 – 368 6 374 – 64 6 70 Financial assets designated at fair value through profit or loss – 23 – 23 – 4 – 4 Financial assets at fair value through other comprehensive income 30,278 2,395 7 32,680 34,451 1,550 9 36,010 Debt securities at amortized cost, net of allowance for credit losses 104,914 28 – 104,942 85,456 – – 85,456 Loans 2,134 5 – 2,139 1,314 5 – 1,319 Other 8 – 3,098 3,106 6 – 3,027 3,033 Total assets 149,778 4,177 3,179 157,134 133,326 3,207 3,042 139,575 FINANCIAL LIABILITIES Derivatives 1 – 150 – 150 – 395 – 395 Obligations related to securities sold short 3,337 335 – 3,672 3,164 503 – 3,667 Total liabilities 3,337 485 – 3,822 3,164 898 – 4,062 Off-balance sheet exposure 2 16,431 5,105 1,289 22,825 17,233 4,234 1,222 22,689 Maximum exposure to loss from involvement with unconsolidated structured entities $ 162,872 $ 8,797 $ 4,468 $ 176,137 $ 147,395 $ 6,543 $ 4,264 $ 158,202 Size of sponsored unconsolidated structured entities 3 $ 10,862 $ 37,286 $ 1,200 $ 49,348 $ 10,068 $ 37,638 $ 1,200 $ 48,906 1 Derivatives primarily subject to vanilla interest rate or foreign exchange risk are not included in these amounts as those derivatives are designed to align the structured entity’s cash flows with risks absorbed by investors and are not predominantly designed to expose the Bank to variable returns created by the entity. 2 For the purposes of this disclosure, off-balance sheet exposure represents the notional value of liquidity facilities, guarantees, or other off-balance sheet commitments without considering the effect of collateral or other credit enhancements. 3 The size of sponsored unconsolidated structured entities is provided based on the most appropriate measure of size for the type of entity: (1) The par value of notes issued by securitization conduits and similar liability issuers; (2) the total AUM of investment funds and trusts; and (3) the total fair value of partnership or equity shares in issue for partnerships and similar equity issuers. Sponsored Unconsolidated Structured Entities in which the Bank has no Significant Investment at the End of the Period Sponsored unconsolidated structured entities in which the Bank has no significant investment at the end of the period are predominantly investment funds and trusts created for the asset management business. The Bank would not typically hold investments, with the exception of seed capital, in these structured entities. However, the Bank continues to earn fees from asset management services provided to these entities, some of which could be based on the performance of the fund. Fees payable are generally senior in the entity’s priority of payment and would also be backed by collateral, limiting the Bank’s exposure to loss from these entities. The Bank earned non-interest income of $2.1 billion (October 31, 2019 – $2.0 billion) from its involvement with these asset management entities for the year ended October 31, 2020, of which $1.8 billion (October 31, 2019 – $1.8 billion) was received directly from these entities. The total AUM in these entities as at October 31, 2020 was $241.4 billion (October 31, 2019 – $233.9 billion). Any assets transferred by the Bank during the period are co-mingled with assets obtained from third parties in the market. Except as previously disclosed, the Bank has no contractual or non-contractual arrangements to provide financial support to unconsolidated structured entities.

Derivatives

Derivatives	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Derivatives	NOTE 11: DERIVATIVES DERIVATIVE PRODUCT TYPES AND RISK EXPOSURES The majority of the Bank’s derivative contracts are OTC transactions that are bilaterally negotiated between the Bank and the counterparty to the contract. The remainder are exchange-traded contracts transacted through organized and regulated exchanges and consist primarily of certain options and futures. The Bank’s derivative transactions relate to trading and non-trading activities. The purpose of derivatives held for non-trading activities is primarily for managing interest rate, foreign exchange, and equity risk related to the Bank’s funding, lending, investment activities, and other structural market risk management activities. The Bank’s risk management strategy for these risks is discussed in shaded sections of the “Managing Risk” section of the MD&A. The Bank also enters into derivative transactions to economically hedge certain exposures that do not otherwise qualify for hedge accounting, or where hedge accounting is not considered feasible. Where hedge accounting is applied, only a specific or a combination of risk components are hedged, including benchmark interest rate, foreign exchange rate, and equity price components. All these risk components are observable in the relevant market environment and the change in the fair value or the variability in cash flows attributable to these risk components can be reliably measured for hedged items. Where the derivatives are in hedge relationships, the main sources of ineffectiveness can be attributed to differences between hedging instruments and hedged items: • Differences in fixed rates, when contractual coupons of the fixed rate hedged items are designated; • Differences in the discounting factors, when hedging derivatives are collateralized; • CVA on the hedging derivatives; and • Mismatch in critical terms such as tenor and timing of cash flows between hedging instruments and hedged items. To mitigate a portion of the ineffectiveness, the Bank designates the benchmark risk component of contractual cash flows of hedged items and executes hedging derivatives with high-quality counterparties. The majority of the Bank’s hedging derivatives are collateralized. Interest Rate Derivatives Interest rate swaps are OTC contracts in which two counterparties agree to exchange cash flows over a period of time based on rates applied to a specified notional amount. This includes interest rate swaps that are transacted and settled through a clearing house which acts as a central counterparty. A typical interest rate swap would require one counterparty to pay a fixed market interest rate in exchange for a variable market interest rate determined from time to time, with both calculated on a specified notional amount. No exchange of principal amount takes place. Forward rate agreements are OTC contracts that effectively fix a future interest rate for a period of time. A typical forward rate agreement provides that at a pre-determined future date, a cash settlement will be made between the counterparties based upon the difference between a contracted rate and a market rate to be determined in the future, calculated on a specified notional amount. No exchange of principal amount takes place. Interest rate options are contracts in which one party (the purchaser of an option) acquires from another party (the writer of an option), in exchange for a premium, the right, but not the obligation, either to buy or sell, on a specified future date or series of future dates or within a specified time, a specified financial instrument at a contracted price. The underlying financial instrument will have a market price which varies in response to changes in interest rates. In managing the Bank’s interest rate exposure, the Bank acts as both a writer and purchaser of these options. Options are transacted both OTC and through exchanges. Interest rate futures are standardized contracts transacted on an exchange. They are based upon an agreement to buy or sell a specified quantity of a financial instrument on a specified future date, at a contracted price. These contracts differ from forward rate agreements in that they are in standard amounts with standard settlement dates and are transacted on an exchange. The Bank uses interest rate swaps to hedge its exposure to benchmark interest rate risk by modifying the repricing or maturity characteristics of existing and/or forecasted assets and liabilities, including funding and investment activities. These swaps are designated in either fair value hedge against fixed rate asset/liability or cash flow hedge against floating rate asset/liability. For fair value hedges, the Bank assesses and measures the hedge effectiveness based on the change in the fair value or cash flows of the derivative hedging instrument relative to the change in the fair value or cash flows of the hedged item. For cash flow hedges, the Bank uses the hypothetical derivative having terms that identically match the critical terms of the hedged item as the proxy for measuring the change in fair value or cash flows of the hedged item. Foreign Exchange Derivatives Foreign exchange forwards are OTC contracts in which one counterparty contracts with another to exchange a specified amount of one currency for a specified amount of a second currency, at a future date or range of dates. Swap contracts comprise foreign exchange swaps and cross-currency interest rate swaps. Foreign exchange swaps are transactions in which a foreign currency is simultaneously purchased in the spot market and sold in the forward market, or vice-versa. Cross-currency interest rate swaps are transactions in which counterparties exchange principal and interest cash flows in different currencies over a period of time. These contracts are used to manage currency and/or interest rate exposures. Foreign exchange futures contracts are similar to foreign exchange forward contracts but differ in that they are in standard currency amounts with standard settlement dates and are transacted on an exchange. Where hedge accounting is applied, the Bank assesses and measures the hedge effectiveness based on the change in the fair value of the hedging instrument relative to translation gains and losses of net investment in foreign operations or the change in cash flows of the foreign currency denominated asset/liability attributable to foreign exchange risk, using the hypothetical derivative method. The Bank uses non-derivative instruments such as foreign currency deposit liabilities and derivative instruments such as cross-currency swaps and foreign exchange forwards to hedge its foreign currency exposure. These hedging instruments are designated in either net investment hedges or cash flow hedges. Credit Derivatives The Bank uses credit derivatives such as credit default swaps (CDS) and total return swaps in managing risks of the Bank’s corporate loan portfolio and other cash instruments, as well as managing counterparty credit risk on derivatives. Credit risk is the risk of loss if a borrower or counterparty in a transaction fails to meet its agreed payment obligations. The Bank uses credit derivatives to mitigate industry concentration and borrower-specific exposure as part of the Bank’s portfolio risk management techniques. The credit, legal, and other risks associated with these transactions are controlled through well established procedures. The Bank’s policy is to enter into these transactions with investment grade financial institutions. Credit risk to these counterparties is managed through the same approval, limit, and monitoring processes that is used for all counterparties to which the Bank has credit exposure. Credit derivatives are OTC contracts designed to transfer the credit risk in an underlying financial instrument (usually termed as a reference asset) from one counterparty to another. The most common credit derivatives are CDS (referred to as option contracts), which include contracts transacted through clearing houses, and total return swaps (referred to as swap contracts). In option contracts, an option purchaser acquires credit protection on a reference asset or group of assets from an option writer in exchange for a premium. The option purchaser may pay the agreed premium at inception or over a period of time. The credit protection compensates the option purchaser for deterioration in value of the reference asset or group of assets upon the occurrence of certain credit events such as bankruptcy, or changes in specified credit rating or credit index. Settlement may be cash based or physical, requiring the delivery of the reference asset to the option writer. In swap contracts, one counterparty agrees to pay or receive from the other cash amounts based on changes in the value of a reference asset or group of assets, including any returns such as interest earned on these assets in exchange for amounts that are based on prevailing market funding rates. These cash settlements are made regardless of whether there is a credit event. Other Derivatives The Bank also transacts in equity and commodity derivatives in both the exchange and OTC markets. Equity swaps are OTC contracts in which one counterparty agrees to pay, or receive from the other, cash amounts based on changes in the value of a stock index, a basket of stocks or a single stock. These contracts sometimes include a payment in respect of dividends. Equity options give the purchaser of the option, for a premium, the right, but not the obligation, to buy from or sell to the writer of an option, an underlying stock index, basket of stocks or single stock at a contracted price. Options are transacted both OTC and through exchanges. Equity index futures are standardized contracts transacted on an exchange. They are based on an agreement to pay or receive a cash amount based on the difference between the contracted price level of an underlying stock index and its corresponding market price level at a specified future date. There is no actual delivery of stocks that comprise the underlying index. These contracts are in standard amounts with standard settlement dates. Commodity contracts include commodity forwards, futures, swaps, and options, such as precious metals and energy-related products in both OTC and exchange markets. Where hedge accounting is applied, the Bank uses equity forwards and/or total return swaps to hedge its exposure to equity price risk. These derivatives are designated as cash flow hedges. The Bank assesses and measures the hedge effectiveness based on the change in the fair value of the hedging instrument relative to the change in the cash flows of the hedged item attributable to movement in equity price, using the hypothetical derivative method. Fair Value of Derivatives (millions of Canadian dollars) October 31, 2020 October 31, 2019 Fair value as Fair value as Positive Negative Positive Negative Derivatives held or issued for trading purposes Interest rate contracts Forward rate agreements $ 38 $ 71 $ 24 $ 149 Swaps 12,290 15,068 11,244 11,952 Options written – 1,321 – 1,099 Options purchased 1,322 – 1,168 – Total interest rate contracts 13,650 16,460 12,436 13,200 Foreign exchange contracts Forward contracts 818 1,361 713 1,540 Swaps 10,858 9,649 12,734 12,613 Cross-currency interest rate swaps 15,106 14,431 14,721 12,913 Options written – 286 – 302 Options purchased 256 – 289 – Total foreign exchange contracts 27,038 25,727 28,457 27,368 Credit derivative contracts Credit default swaps – protection purchased 3 165 – 241 Credit default swaps – protection sold 7 9 16 – Total credit derivative contracts 10 174 16 241 Other contracts Equity contracts 3,649 3,328 748 2,942 Commodity contracts 2,414 1,993 1,524 1,335 Total other contracts 6,063 5,321 2,272 4,277 Fair value – trading 46,761 47,682 43,181 45,086 Derivatives held or issued for non-trading purposes Interest rate contracts Forward rate agreements 2 1 – 2 Swaps 4,299 2,671 2,365 1,303 Options written – 2 – 1 Options purchased 9 – 15 – Total interest rate contracts 4,310 2,674 2,380 1,306 Foreign exchange contracts Forward contracts 608 187 660 90 Swaps 8 1 2 22 Cross-currency interest rate swaps 1,964 1,399 1,531 1,919 Total foreign exchange contracts 2,580 1,587 2,193 2,031 Credit derivative contracts Credit default swaps – protection purchased 9 153 – 179 Total credit derivative contracts 9 153 – 179 Other contracts Equity contracts 582 1,107 1,140 1,449 Total other contracts 582 1,107 1,140 1,449 Fair value – non-trading 7,481 5,521 5,713 4,965 Total fair value $ 54,242 $ 53,203 $ 48,894 $ 50,051 The following table distinguishes derivatives held or issued for non-trading purposes between those that have been designated in qualifying hedge accounting relationships and those which have not been designated in qualifying hedge accounting relationships as at October 31, 2020 and October 31, 2019. Fair Value of Non-Trading Derivatives 1 (millions of Canadian dollars) As at October 31, 2020 Derivative Assets Derivative Liabilities Derivatives in qualifying Derivatives hedging Derivatives in qualifying Derivatives hedging Fair Cash Net Total Fair value Cash flow Net investment Total Derivatives held or issued for non-trading purposes Interest rate contracts $ 1,624 $ 1,061 $ – $ 1,625 $ 4,310 $ 884 $ 81 $ – $ 1,709 $ 2,674 Foreign exchange contracts – 2,503 – 77 2,580 – 1,546 – 41 1,587 Credit derivative contracts – – – 9 9 – – – 153 153 Other contracts – 200 – 382 582 – 142 – 965 1,107 Fair value – non-trading $ 1,624 $ 3,764 $ – $ 2,093 $ 7,481 $ 884 $ 1,769 $ – $ 2,868 $ 5,521 October 31, 2019 Derivatives held or issued for non-trading purposes Interest rate contracts $ 882 $ 804 $ – $ 694 $ 2,380 $ 786 $ (46 ) $ – $ 566 $ 1,306 Foreign exchange contracts – 2,175 2 16 2,193 – 1,910 58 63 2,031 Credit derivative contracts – – – – – – – – 179 179 Other contracts – 531 – 609 1,140 – – – 1,449 1,449 Fair value – non-trading $ 882 $ 3,510 $ 2 $ 1,319 $ 5,713 $ 786 $ 1,864 $ 58 $ 2,257 $ 4,965 1 Certain derivative assets qualify to be offset with certain derivative liabilities on the Consolidated Balance Sheet. Refer to Note 6 for further details. Fair Value Hedges The following table presents the effects of fair value hedges on the Consolidated Balance Sheet and the Consolidated Statement of Income. Fair Value Hedges (millions of Canadian dollars) For the years ended or as at October 31 2020 Change in Change in fair Hedge Carrying Accumulated 1 Accumulated de-designated Assets Interest rate risk Debt securities at amortized cost $ 1,377 $ (1,384 ) $ (7 ) $ 59,095 $ 2,572 $ 215 Financial assets at fair value through other comprehensive income 1,413 (1,414 ) (1 ) 66,000 1,812 52 Loans 1,834 (1,838 ) (4 ) 36,019 2,059 37 Total assets 4,624 (4,636 ) (12 ) 161,114 6,443 304 Liabilities Interest rate risk Deposits (3,962 ) 3,922 (40 ) 142,464 4,703 72 Securitization liabilities at amortized cost (201 ) 202 1 3,519 230 – Subordinated notes and debentures (246 ) 246 – 2,658 111 (13 ) Total liabilities (4,409 ) 4,370 (39 ) 148,641 5,044 59 Total $ 215 $ (266 ) $ (51 ) 2019 Assets Interest rate risk Debt securities at amortized cost $ 2,144 $ (2,160 ) $ (16 ) $ 46,888 $ 1,502 $ – Financial assets at fair value through other comprehensive income 3,286 (3,299 ) (13 ) 78,688 580 (119 ) Loans 1,440 (1,458 ) (18 ) 59,270 741 (6 ) Total assets 6,870 (6,917 ) (47 ) 184,846 2,823 (125 ) Liabilities Interest rate risk Deposits (4,566 ) 4,584 18 125,602 2,214 (11 ) Securitization liabilities at amortized cost (149 ) 151 2 5,481 82 – Subordinated notes and debentures (189 ) 190 1 5,071 (28 ) (135 ) Total liabilities (4,904 ) 4,925 21 136,154 2,268 (146 ) Total $ 1,966 $ (1,992 ) $ (26 ) 2018 Total $ (802 ) $ 804 $ 2 1 The Bank has portfolios of fixed rate financial assets and liabilities whereby the notional amount changes frequently due to originations, issuances, maturities and prepayments. The interest rate risk hedges on these portfolios are rebalanced dynamically. Cash Flow Hedges and Net Investment Hedges The following table presents the effects of cash flow hedges and net investment hedges on the Bank’s Consolidated Statement of Income and the Consolidated Statement of Comprehensive Income. Cash Flow and Net Investment Hedges (millions of Canadian dollars) For the years ended October 31 2020 Change in value Change in fair Hedge Hedging 1 Amount reclassified 1 Net change 1 Cash flow hedges 2 Interest rate risk 3 $ (3,884 ) $ 3,891 $ 7 $ 4,222 $ 609 $ 3,613 Foreign exchange risk 4,5,6 (1,129 ) 1,122 (7 ) 650 1,043 (393 ) Equity price risk 364 (364 ) – (364 ) (294 ) (70 ) Total cash flow hedges $ (4,649 ) $ 4,649 $ – $ 4,508 $ 1,358 $ 3,150 Net investment hedges $ 394 $ (394 ) $ – $ (394 ) $ (2,077 ) $ 1,683 2019 Cash flow hedges 2 Interest rate risk 3 $ (5,087 ) $ 5,089 $ 2 $ 5,041 $ (218 ) $ 5,259 Foreign exchange risk 4,5,6 251 (250 ) 1 (466 ) (572 ) 106 Equity price risk (122 ) 122 – 122 117 5 Total cash flow hedges $ (4,958 ) $ 4,961 $ 3 $ 4,697 $ (673 ) $ 5,370 Net investment hedges $ (180 ) $ 180 $ – $ 180 $ – $ 180 2018 Total cash flow hedges 2 2,070 $ (2,072 ) $ (2 ) $ (2,100 ) $ 738 $ (2,838 ) Net investment hedges 392 $ (392 ) $ – $ (392 ) $ – $ (392 ) 1 Effects on other comprehensive income are presented on a pre-tax basis. 2 During the years ended October 31, 2020, October 31, 2019, and October 31, 2018, there were no instances where forecasted hedged transactions failed to occur. 3 Hedged items include forecasted interest cash flows on loans , 4 For non-derivative instruments designated as hedging foreign exchange risk, fair value change is measured as the gains and losses due to spot foreign exchange movements. 5 Cross-currency swaps may be used to hedge foreign exchange risk or a combination of interest rate risk and foreign exchange risk in a single hedging relationship. These hedges are disclosed in the above risk category (foreign exchange risk). 6 Hedged items include principal and interest cash flows on foreign denominated securities, loans, deposits, other liabilities, and subordinated notes and debentures. Reconciliation of Accumulated Other Comprehensive Income (Loss) 1 (millions of Canadian dollars) For the years ended October 31 2020 Accumulated other Net changes in other Accumulated other Accumulated other Accumulated other de-designated hedges Cash flow hedges Interest rate risk $ 1,603 $ 3,613 $ 5,216 $ 1,881 $ 3,335 Foreign exchange risk 353 (393 ) (40 ) (40 ) – Equity price risk 25 (70 ) (45 ) (45 ) – Total cash flow hedges $ 1,981 $ 3,150 $ 5,131 $ 1,796 $ 3,335 Net investment hedges Foreign translation risk $ (5,509 ) $ 1,683 $ (3,826 ) $ (3,826 ) $ – 2019 Cash flow hedges Interest rate risk $ (3,656 ) $ 5,259 $ 1,603 $ 1,226 $ 377 Foreign exchange risk 247 106 353 353 – Equity price risk 20 5 25 25 – Total cash flow hedges $ (3,389 ) $ 5,370 $ 1,981 $ 1,604 $ 377 Net investment hedges Foreign translation risk $ (5,689 ) $ 180 $ (5,509 ) $ (5,509 ) $ – 1 Presented on a pre-tax basis and excludes the Bank’s equity in the AOCI of an investment in TD Ameritrade. NOTIONAL AMOUNTS The notional amounts are not recorded as assets or liabilities as they represent the face amount of the contract to which a rate or price is applied to determine the amount of cash flows to be exchanged. Notional amounts do not represent the potential gain or loss associated with the market risk nor are they indicative of the credit risk associated with derivative financial instruments. The following table discloses the notional amount of over-the-counter and exchange-traded derivatives. Over-the-Counter and Exchange-Traded Derivatives (millions of Canadian dollars) As at October 31 October 31 Trading Over-the-Counter 1 Clearing 2 Non Exchange- Total Non- 3 Total Total Notional Interest rate contracts Futures $ – $ – $ 546,112 $ 546,112 $ – $ 546,112 $ 884,565 Forward rate agreements 1,468,217 9,035 – 1,477,252 1,497 1,478,749 1,846,927 Swaps 8,659,568 350,193 – 9,009,761 1,338,113 10,347,874 11,412,846 Options written – 89,499 275,160 364,659 1,649 366,308 246,268 Options purchased – 82,712 366,412 449,124 3,914 453,038 314,793 Total interest rate contracts 10,127,785 531,439 1,187,684 11,846,908 1,345,173 13,192,081 14,705,399 Foreign exchange contracts Futures – – – – – – 16 Forward contracts – 116,537 – 116,537 31,717 148,254 190,465 Swaps – 2,035,231 – 2,035,231 1,263 2,036,494 1,749,551 Cross-currency interest rate swaps – 896,278 – 896,278 97,182 993,460 858,701 Options written – 17,863 40 17,903 – 17,903 27,654 Options purchased – 17,894 26 17,920 – 17,920 27,295 Total foreign exchange contracts – 3,083,803 66 3,083,869 130,162 3,214,031 2,853,682 Credit derivative contracts Credit default swaps – protection purchased 8,444 102 – 8,546 4,196 12,742 12,670 Credit default swaps – protection sold 1,336 207 – 1,543 1 1,544 1,112 Total credit derivative contracts 9,780 309 – 10,089 4,197 14,286 13,782 Other contracts Equity contracts – 76,337 71,960 148,297 27,767 176,064 188,371 Commodity contracts 66 46,370 56,835 103,271 – 103,271 96,687 Total other contracts 66 122,707 128,795 251,568 27,767 279,335 285,058 Total $ 10,137,631 $ 3,738,258 $ 1,316,545 $ 15,192,434 $ 1,507,299 $ 16,699,733 $ 17,857,921 1 Collateral held under a Credit Support Annex to help reduce counterparty credit risk is in the form of high-quality and liquid assets such as cash and high-quality government securities. Acceptable collateral is governed by the Collateralized Trading Policy. 2 Derivatives executed through a central clearing house reduce settlement risk due to the ability to net settle offsetting positions for capital purposes and therefore receive preferential capital treatment compared to those settled with non-central clearing house counterparties. 3 As at October 31, 2020, includes $1,150 billion of OTC derivatives that are transacted with clearing houses (October 31, 2019 – $1,454 billion) and $357 billion of OTC derivatives that are transacted with non-clearing houses (October 31, 2019 – $352 billion). There were no exchange-traded derivatives both as at October 31, 2020 and October 31, 2019. The following table distinguishes the notional amount of derivatives held or issued for non-trading purposes between those that have been designated in qualifying hedge accounting relationships and those which have not been designated in qualifying hedge accounting relationships. Notional of Non-Trading Derivatives (millions of Canadian dollars) As at October 31, 2020 Derivatives in qualifying hedging relationships Derivatives not in qualifying hedging Derivatives held or issued for hedging (non-trading) purposes Fair Cash 1 Net 1 Total Interest rate contracts $ 313,461 $ 193,897 $ – $ 837,815 $ 1,345,173 Foreign exchange contracts – 121,263 44 8,855 130,162 Credit derivative contracts – – – 4,197 4,197 Other contracts – 1,630 – 26,137 27,767 Total notional non-trading $ 313,461 $ 316,790 $ 44 $ 877,004 $ 1,507,299 October 31, 2019 Interest rate contracts $ 337,374 $ 234,134 $ – $ 1,077,788 $ 1,649,296 Foreign exchange contracts – 117,532 1,292 4,525 123,349 Credit derivative contracts – – – 3,199 3,199 Other contracts – 2,079 – 27,375 29,454 Total notional non-trading $ 337,374 $ 353,745 $ 1,292 $ 1,112,887 $ 1,805,298 1 Certain cross-currency swaps are executed using multiple derivatives, including interest rate swaps. These derivatives are used to hedge foreign exchange rate risk in cash flow hedges and net investment hedges. The following table discloses the notional principal amount of over-the-counter derivatives and exchange-traded derivatives based on their contractual terms to maturity. Derivatives by Remaining Term-to-Maturity (millions of Canadian dollars) As at October 31 October 31 Notional Principal Within Over 1 year Over Total Total Interest rate contracts Futures $ 422,942 $ 123,170 $ – $ 546,112 $ 884,565 Forward rate agreements 1,431,511 46,454 784 1,478,749 1,846,927 Swaps 3,184,527 5,020,569 2,142,778 10,347,874 11,412,846 Options written 293,678 63,196 9,434 366,308 246,268 Options purchased 383,966 59,949 9,123 453,038 314,793 Total interest rate contracts 5,716,624 5,313,338 2,162,119 13,192,081 14,705,399 Foreign exchange contracts Futures – – – – 16 Forward contracts 137,409 10,761 84 148,254 190,465 Swaps 1,993,627 36,992 5,875 2,036,494 1,749,551 Cross-currency interest rate swaps 253,709 543,801 195,950 993,460 858,701 Options written 15,796 1,830 277 17,903 27,654 Options purchased 15,671 1,964 285 17,920 27,295 Total foreign exchange contracts 2,416,212 595,348 202,471 3,214,031 2,853,682 Credit derivative contracts Credit default swaps – protection purchased 1,869 4,526 6,347 12,742 12,670 Credit default swaps – protection sold 410 901 233 1,544 1,112 Total credit derivative contracts 2,279 5,427 6,580 14,286 13,782 Other contracts Equity contracts 132,950 43,103 11 176,064 188,371 Commodity contracts 87,727 15,333 211 103,271 96,687 Total other contracts 220,677 58,436 222 279,335 285,058 Total $ 8,355,792 $ 5,972,549 $ 2,371,392 $ 16,699,733 $ 17,857,921 The following table discloses the notional amount and average price of derivative instruments designated in qualifying hedge accounting relationships. Hedging Instruments by Remaining Term-to-Maturity (millions of Canadian dollars, except as noted) As at October 31 October 31 Notional Within Over 1 year Over Total Total Interest rate risk Interest rate swaps Notional – pay fixed $ 35,776 $ 76,270 $ 48,976 $ 161,022 $ 201,878 Average fixed interest rate % 1.29 1.54 1.53 Notional – received fixed 37,905 140,448 50,404 228,757 248,779 Average fixed interest rate % 0.93 1.58 0.89 Total notional – interest rate risk 73,681 216,718 99,380 389,779 450,657 Foreign exchange risk 1 Forward contracts Notional – USD/CAD 680 775 200 1,655 1,063 Average FX forward rate 1.32 1.33 1.34 Notional – EUR/CAD 4,240 12,471 316 17,027 17,009 Average FX forward rate 1.56 1.65 1.73 Notional – other 44 – – 44 1,292 Cross-currency swaps 2,3 Notional – USD/CAD 27,547 24,498 2,634 54,679 49,455 Average FX rate 1.30 1.32 1.33 Notional – EUR/CAD 2,327 16,691 2,898 21,916 23,474 Average FX rate 1.46 1.51 1.50 Notional – GBP/CAD 2,071 3,020 284 5,375 5,033 Average FX rate 1.72 1.70 1.71 Notional – other currency pairs 4 9,691 10,365 552 20,608 21,468 Total notional – foreign exchange risk 46,600 67,820 6,884 121,304 118,794 Equity Price Risk Notional – equity forward contracts 1,657 – – 1,657 2,092 Total notional $ 121,938 $ 284,538 $ 106,264 $ 512,740 $ 571,543 1 Foreign currency denominated deposit liabilities are also used to hedge foreign exchange risk. As at October 31, 2020, the carrying value of these non-derivative hedging instruments was $27.9 billion (October 31, 2019 – $23.9 billion) designated under net investment hedges. 2 Cross-currency swaps may be used to hedge foreign exchange risk or a combination of interest rate risk and foreign exchange risk in a single hedge relationship. Both these types of hedges are disclosed under the Foreign exchange risk as the risk category. 3 Certain cross-currency swaps are executed using multiple derivatives, including interest rate swaps. The notional amount of these interest rate swaps, excluded from the above, is $117.6 billion as at October 31, 2020 (October 31, 2019 – $120.9 billion). 4 Includes derivatives executed to manage non-trading foreign currency exposures, when more than one currency is involved prior to hedging to the Canadian dollar, when the functional currency of the entity is not the Canadian dollar, or when the currency pair is not a significant exposure for the Bank. Interest Rate Benchmark Reform The Bank’s hedging relationships have significant exposure to US LIBOR, EURIBOR and GBP LIBOR benchmark rates. Under IBOR reform, these benchmark rates may be subject to discontinuance, changes in methodology, or become illiquid when the adoption of ARRs as established benchmark rates increase. As a result of these developments, significant judgment is required in determining whether certain hedging relationships that hedge the variability of cash flows and interest rate or foreign exchange risk due to changes in IBORs continue to qualify for hedge accounting. Impacted hedging relationships will continue to be monitored for each significant benchmark rate subject to potential ARR transition. As the new ARRs are likely to differ from the prior benchmark rates, new or revised hedging strategies may be required to better align derivative hedging instruments with hedged items. However, given the market uncertainty, the assessment of the impact on the Bank’s hedging strategies and its mitigation plans is ongoing. The following table discloses the notional amount of derivative instruments designated in qualifying hedge accounting relationships, disaggregated by significant interest rate benchmark, that have yet to transition to an alternative benchmark rate for contracts maturing after December 31, 2021. EURIBOR underwent a methodology change in 2019 and will continue as a benchmark rate in the foreseeable future and is excluded from this table. As at October 31, 2020, the notional amount of derivative instruments indexed to EURIBOR in designated hedge accounting relationships is $46 billion (October 31, 2019 – $48 billion). As at October 31, 2020, none of the Bank’s derivative instruments in designated hedge accounting relationships have transitioned to an ARR. Derivative Instruments Designated in Qualifying Hedge Accounting Relationships 1,2 (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Notional Hedging derivatives maturing after December 31, 2021 Interest rate risk Interest rate swaps US LIBOR $ 210,352 $ 173,763 GBP LIBOR – – Foreign exchange risk Interest rate swaps US LIBOR 17,024 9,586 GBP LIBOR 1,726 1,706 Cross-currency swaps 3 US LIBOR 34,359 21,539 GBP LIBOR 2,589 2,559 Total $ 266,050 $ 209,153 1 US LIBOR transitioning to Secured Overnight Financing Rate (SOFR). GBP LIBOR transitioning to Sterling Overnight Interbank Average Rate (SONIA). 2 Excludes hedging derivatives which reference rates in multi-rate jurisdictions, including CDOR. Derivative instruments indexed to 6-month and 12-month CDOR tenors will be discontinued on May 17, 2021 while other tenors of CDOR will continue as a benchmark rate. As at October 31, 2020, the Bank does not have any derivative instruments indexed to 6-month or 12-month CDOR in designated hedge accounting relationships. 3 Cross-currency swaps may be used to hedge foreign exchange risk or a combination of interest rate risk and foreign exchange risk in a single hedge relationship. Both these types of hedges are disclosed under the Foreign exchange risk as the risk category. DERIVATIVE-RELATED RISKS Market Risk Derivatives, in the absence of any compensating upfront cash payments, generally have no market value at inception. They obtain value, positive or negative, as relevant interest rates, foreign exchange rates, equity, commodity or credit prices or indices change, such that the previously contracted terms of the derivative transactions have become more or less favourable than what can be negotiated under current market conditions for contracts with the same terms and the same remaining period to expiry. The potential for derivatives to increase or decrease in value as a result of the foregoing factors is generally referred to as market risk. Credit Risk Credit risk on derivatives, also known as counterparty credit risk, is the risk of a financial loss occurring as a result of the failure of a counterparty to meet its obligation to the Bank. Derivative-related credit risks are subject to the same credit approval, limit and monitoring standards that are used for managing other transactions that create credit exposure. This includes evaluating the creditworthiness of counterparties, and managing the size, diversification and maturity structure of the portfolios. The Bank actively engages in risk mitigation strategies through the use of multi-product derivative master netting agreements, collateral and other risk mitigation techniques. Master netting agreements reduce risk to the Bank by allowing the Bank to close out and net transactions with counterparties subject to such agreements upon the occurrence of certain events. The current replacement cost and credit equivalent amount shown in the following table are based on the standardized approach for counterparty credit risk. According to this approach, the current replacement cost accounts for the fair value of the positions, posted and received collateral, and master netting agreement clauses. The credit equivalent amount is the sum of the cu

Investment in Associates and Jo

Investment in Associates and Joint Ventures	12 Months Ended
	Oct. 31, 2020
Investments accounted for using equity method [abstract]
Investment in Associates and Joint Ventures	INVESTMENT IN THE CHARLES SCHWAB CORPORATION On October 6, 2020, The Charles Schwab Corporation (“Schwab”) completed its acquisition of TD Ameritrade Holding Corporation (“TD Ameritrade”), of which the Bank was a major shareholder (the “Schwab transaction”). Under the terms of the Schwab transaction, all TD Ameritrade shareholders, including the Bank, exchanged each TD Ameritrade share they owned for 1.0837 common shares of Schwab. Upon closing, the Bank exchanged its approximately 43% ownership in TD Ameritrade for an approximately 13.5% stake in Schwab, consisting of 9.9% voting common shares and the remainder in non-voting common shares, convertible into voting common shares upon transfer to a third party. The Bank recognized a net gain on sale of its investment in TD Ameritrade of $1.4 billion ($2.3 billion after-tax) in the fourth quarter of 2020, which was recorded in Other income (loss) on the Consolidated Statement of Income. The gain was primarily related to the revaluation on sale of the Bank’s investment in TD Ameritrade, after elimination of the unrealized portion relating to the Bank’s ownership in Schwab, and the release of a deferred tax liability related to the Bank’s investment in TD Ameritrade, and after transaction costs. The Bank also released the cumulative foreign currency translation gains (losses) from AOCI related to the Bank’s foreign investment in TD Ameritrade on the sale of its investment, with an offsetting AOCI release of the designated hedging items and related taxes against this foreign investment. The transaction had an approximately neutral impact on CET1 at closing. The Bank and Schwab are party to a stockholder agreement (the “Stockholder Agreement”) under which the Bank has the right to designate two members of Schwab’s Board of Directors and has representation on two Board Committees, subject to the Bank meeting certain conditions. As of October 31, 2020, the Bank’s designated directors were the Bank’s Group President and Chief Executive Officer and the Bank’s Chair of the Board. Under the Stockholder Agreement, the Bank is not permitted to own more than 9.9% voting common shares of Schwab, and the Bank is subject to customary standstill and lockup restrictions, including, subject to certain exceptions, transfer restrictions. In addition, the insured deposit account agreement between the Bank and Schwab (the “Schwab IDA Agreement”) became effective upon closing and has an initial expiration date of July 1, 2031. Refer to Note 28 for further details on the Schwab IDA Agreement. Through a combination of the Bank’s ownership, board representation and the Schwab IDA Agreement, the Bank has significant influence over Schwab and the ability to participate in the financial and operating policy-making decisions of Schwab. As such, the Bank accounts for its investment in Schwab using the equity method. The Bank’s share of Schwab’s earnings available to common shareholders is reported with a one-month lag, and the Bank will begin recording its share of Schwab’s earnings on this basis in the first quarter of fiscal 2021. As at October 31, 2020, the Bank’s reported investment in Schwab was 13.51% of the outstanding voting and non-voting common shares of Schwab with a fair value of $14 billion (US$10 billion) based on the closing price of US$41.11 on the New York Stock Exchange. INVESTMENT IN TD AMERITRADE HOLDING CORPORATION Prior to completion of the Schwab transaction on October 6, 2020, the Bank had significant influence over TD Ameritrade and accounted for its investment in TD Ameritrade using the equity method. The Bank’s share of TD Ameritrade’s earnings, excluding dividends, was reported with a one-month lag. The Bank’s reported investment in TD Ameritrade was 43.19% of the outstanding shares of TD Ameritrade on October 31, 2019 with a fair value of $12 billion (US$9 billion) based on the closing price of US$38.38 on the New York Stock Exchange. During the year ended October 31, 2020, TD Ameritrade repurchased 2.0 million shares (for the year ended October 31, 2019 – 21.5 million shares). Pursuant to the stockholders agreement in relation to the Bank’s equity investment in TD Ameritrade, if stock repurchases by TD Ameritrade caused the Bank’s ownership percentage of TD Ameritrade to exceed 45%, the Bank was required to use reasonable efforts to sell or dispose of such excess stock, subject to the Bank’s commercial judgment as to the optimal timing, amount, and method of sales with a view to maximizing proceeds from such sales. However, in the event that stock repurchases by TD Ameritrade caused the Bank’s ownership percentage of TD Ameritrade to exceed 45%, the Bank had no absolute obligation to reduce its ownership percentage to 45%. In addition, stock repurchases by TD Ameritrade could not result in the Bank’s ownership percentage of TD Ameritrade exceeding 47%. Pursuant to the stockholders agreement in relation to the Bank’s equity investment in TD Ameritrade, the Bank had the right to designate five of twelve members of TD Ameritrade’s Board of Directors. Immediately prior to completion of the Schwab transaction, the Bank’s designated directors were the Bank’s Group President and Chief Executive Officer and four independent directors of TD or TD’s U.S. subsidiaries. The condensed financial statements of TD Ameritrade, based on its consolidated financial statements, are included in the following tables. Condensed Consolidated Balance Sheets 1 (millions of Canadian dollars) As at September 30 September 30 Assets Receivables from brokers, dealers, and clearing organizations $ 2,070 $ 3,212 Receivables from clients, net 36,938 27,156 Other assets, net 36,223 27,303 Total assets $ 75,231 $ 57,671 Liabilities Payable to brokers, dealers, and clearing organizations $ 4,307 $ 4,357 Payable to clients 50,382 35,650 Other liabilities 7,174 6,205 Total liabilities 61,863 46,212 Stockholders’ equity 2 13,368 11,459 Total liabilities and stockholders’ equity $ 75,231 $ 57,671 1 Customers’ securities are reported on a settlement date basis whereas the Bank reports customers’ securities on a trade date basis. 2 As at October 31, 2019, the difference between the carrying value of the Bank’s investment in TD Ameritrade and the Bank’s share of TD Ameritrade’s stockholders’ equity was comprised of goodwill, other intangibles, and the cumulative translation adjustment. Condensed Consolidated Statements of Income (millions of Canadian dollars, except as noted) For the years ended September 30 2020 2019 2018 Revenues Net interest revenue $ 1,873 $ 2,036 $ 1,635 Fee-based and other revenue 6,202 5,947 5,365 Total revenues 8,075 7,983 7,000 Operating expenses Employee compensation and benefits 1,905 1,756 1,992 Other 2,388 2,245 2,434 Total operating expenses 4,293 4,001 4,426 Other expense (income) 143 94 142 Pre-tax income 3,639 3,888 2,432 Provision for income taxes 910 957 535 Net income 1,2 $ 2,729 $ 2,931 $ 1,897 Earnings per share – basic (Canadian dollars) $ 5.04 $ 5.27 $ 3.34 Earnings per share – diluted (Canadian dollars) 5.02 5.26 3.32 1 The Bank’s share of TD Ameritrade’s earnings is based on the published consolidated financial statements of TD Ameritrade after converting into Canadian dollars and is subject to adjustments relating to the amortization of certain intangibles. 2 The Bank’s share of TD Ameritrade’s earnings for the year ended October 31, 2018 included a net favourable adjustment of $41 million (US$32 million) primarily representing the Bank’s share of TD Ameritrade’s remeasurement of its deferred income tax balances as a result of the reduction in the U.S. federal corporate income tax rate. INVESTMENT IN IMMATERIAL ASSOCIATES OR JOINT VENTURES Except for Schwab and TD Ameritrade as disclosed above, no associate or joint venture was individually material to the Bank as of October 31, 2020, or October 31, 2019. The carrying amount of the Bank’s investment in individually immaterial associates and joint ventures during the period was $3.4 billion (October 31, 2019 – $3.2 billion). Individually immaterial associates and joint ventures consisted predominantly of investments in private funds or partnerships that make equity investments, provide debt financing or support community-based tax-advantaged investments. The investments in these entities generate a return primarily through the realization of U.S. federal and state income tax credits, including Low Income Housing Tax Credits, New Markets Tax Credits, and Historic Tax Credits. The Bank recorded an impairment loss during the year ended October 31, 2018 of $89 million representing the immediate impact of lower future tax deductions on Low Income Housing Tax Credit (LIHTC) investments as a result of the reduction in the U.S. federal corporate tax rate, which was recorded in Other income (loss) on the Consolidated Statement of Income. This impairment loss does not include losses taken upon tax credit-related investments including LIHTC on a normal course basis. Refer to Note 25 for further details on the reduction of the U.S. federal corporate tax rate.

Significant Acquisitions and Di

Significant Acquisitions and Disposals	12 Months Ended
	Oct. 31, 2020
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Significant Acquisitions and Disposals	NOTE 13: SIGNIFICANT ACQUISITIONS AND DISPOSALS Agreement for Air Canada Credit Card Loyalty Program On January 10, 2019, the Bank’s long-term loyalty program agreement (the “Loyalty Agreement”) with Air Canada became effective in conjunction with Air Canada completing its acquisition of Aimia Canada Inc., which operates the Aeroplan loyalty business (the “Transaction”). Under the terms of the Loyalty Agreement, the Bank became the primary credit card issuer for Air Canada’s new loyalty program when it launched in November 2020 through to 2030. TD Aeroplan cardholders became members of Air Canada’s new loyalty program and their miles were transitioned when Air Canada’s new loyalty program launched in 2020. In connection with the Transaction, the Bank paid $622 million plus applicable sales tax to Air Canada, of which $547 million ($446 million after sales and income taxes) was recognized in Non-interest expenses – Other on the Consolidated Statement of Income, and $75 million was recognized as an intangible asset which will be amortized over the Loyalty Agreement term. In addition, the Bank prepaid $308 million plus applicable sales tax for the future purchase of loyalty points over a ten-year period. Acquisition of Greystone Managed Investments Inc. On November 1, 2018, the Bank acquired 100% of the outstanding equity of Greystone Capital Management Inc., the parent company of Greystone Managed Investments Inc. (“Greystone”) for consideration of $821 million, of which $479 million was paid in cash and $342 million was paid in the Bank’s common shares. The value of 4.7 million common shares issued as consideration was based on the volume weighted-average market price of the Bank’s common shares over the 10 trading day period immediately preceding the fifth business day prior to the acquisition date and was recorded based on market price at close. Common shares of $167 million issued to employee shareholders in respect of the purchase price were held in escrow for two years post-acquisition up to November 1, 2020, subject to their continued employment, and were recorded as a compensation expense over the two-year The acquisition was accounted for as a business combination under the purchase method. As at November 1, 2018, the acquisition contributed $165 million of assets and $46 million of liabilities. The excess of accounting consideration over the fair value of the identifiable net assets was allocated to customer relationship intangibles of $140 million, deferred tax liability of $37 million, and goodwill of $432 million. Goodwill is not deductible for tax purposes. The results of the acquisition have been consolidated from the acquisition date and reported in the Canadian Retail segment. For the year ended October 31, 2020, the contribution of Greystone to the Bank’s revenue and net income was not significant.

Goodwill and Other Intangibles

Goodwill and Other Intangibles	12 Months Ended
	Oct. 31, 2020
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Goodwill and Other Intangibles	NOTE 14: GOODWILL AND OTHER INTANGIBLES The recoverable amount of the Bank’s CGUs is determined from internally developed valuation models that consider various factors and assumptions such as forecasted earnings, growth rates, discount rates, and terminal values reflecting terminal growth rates or terminal price-earnings multiples. Management is required to use judgment in estimating the recoverable amount of CGUs, and the use of different assumptions and estimates in the calculations could influence the determination of the existence of impairment and the valuation of goodwill. Management believes that the assumptions and estimates used are reasonable and supportable. Where possible, assumptions generated internally are compared to relevant market information. The carrying amounts of the Bank’s CGUs are determined by management using risk-based capital models to adjust net assets and liabilities by CGU. These models consider various factors including market risk, credit risk, and operational risk, including investment capital (comprised of goodwill and other intangibles). Any capital not directly attributable to the CGUs is held within the Corporate segment. As at the date of the last impairment test, the amount of capital was approximately $20.6 billion and primarily related to treasury assets and excess capital managed within the Corporate segment. The Bank’s capital oversight committees provide oversight to the Bank’s capital allocation methodologies. The Bank assessed whether market conditions and uncertainty about the macroeconomic impacts of COVID-19, including on gross domestic product (GDP) growth, unemployment rates and interest rates, have resulted in an impairment of its goodwill and intangible assets. Having considered these indicators, the Bank concluded that there is no impairment in the carrying amount of its goodwill and intangible assets as of October 31, 2020. Key Assumptions The recoverable amount of each CGU or group of CGUs has been determined based on its estimated value-in-use. In assessing value-in-use, estimated future cash flows based on the Bank’s internal forecast are discounted using an appropriate pre-tax discount rate. The following were the key assumptions applied in the goodwill impairment testing: Discount Rate The pre-tax discount rates used reflect current market assessments of the risks specific to each group of CGUs and are dependent on the risk profile and capital requirements of each group of CGUs. Terminal Value The earnings included in the goodwill impairment testing for each operating segment were based on the Bank’s internal forecast, which projects expected cash flows over the next five years. Beyond the Bank’s internal forecast, cash flows were assumed to grow at a steady terminal growth rate. Terminal growth rates were based on the expected long-term growth of gross domestic product and inflation and ranged from 2.0% to 4.0% (2019 – 2.0% to 4.0%). The pre-tax terminal multiples for the period after the Bank’s internal forecast were consistent with observable multiples of comparable financial institutions and ranged from 9 times to 14 times (2019 – 9 times to 13 times). In considering the sensitivity of the key assumptions discussed above, management determined that a reasonable change in any of the above would not result in the recoverable amount of any of the groups of CGUs to be less than their carrying amount. Goodwill by Segment (millions of Canadian dollars) Canadian U.S. 1 Wholesale Total Carrying amount of goodwill as at November 1, 2018 $ 2,403 $ 13,973 $ 160 $ 16,536 Additions 432 – – 432 Foreign currency translation adjustments and other 1 7 – 8 Carrying amount of goodwill as at October 31, 2019 $ 2,836 $ 13,980 $ 160 $ 16,976 Foreign currency translation adjustments and other 10 162 – 172 Carrying amount of goodwill as at October 31, 2020 2 $ 2,846 $ 14,142 $ 160 $ 17,148 Pre-tax discount rates 2019 9.7–11.0 % 9.6–11.8 % 12.7 % 2020 9.7–11.0 9.2–11.8 12.7 1 Goodwill predominantly relates to U.S. personal and commercial banking. 2 Accumulated impairment as at October 31, 2020 and October 31, 2019 was nil. OTHER INTANGIBLES The following table presents details of other intangibles as at October 31, 2020 and October 31, 2019. Other Intangibles (millions of Canadian dollars) Core deposit Credit card Internally Other Other Total Cost As at November 1, 2018 $ 2,575 $ 759 $ 2,760 $ 300 $ 586 $ 6,980 Additions – 83 541 63 163 850 Disposals – – (40 ) – – (40 ) Fully amortized intangibles – – (322 ) (79 ) – (401 ) Foreign currency translation adjustments and other 1 – (12 ) 11 (6 ) (6 ) As at October 31, 2019 $ 2,576 $ 842 $ 2,927 $ 295 $ 743 $ 7,383 Additions – – 327 44 41 412 Disposals – – (55 ) (25 ) – (80 ) Fully amortized intangibles – – (391 ) (37 ) – (428 ) Foreign currency translation adjustments and other 30 2 26 1 6 65 As at October 31, 2020 $ 2,606 $ 844 $ 2,834 $ 278 $ 790 $ 7,352 Amortization and impairment As at November 1, 2018 $ 2,404 $ 542 $ 1,031 $ 184 $ 360 $ 4,521 Disposals – – (14 ) – – (14 ) Impairment losses – – 4 – 1 5 Amortization charge for the year 76 86 474 82 58 776 Fully amortized intangibles – – (322 ) (79 ) – (401 ) Foreign currency translation adjustments and other 1 – (6 ) 4 (6 ) (7 ) As at October 31, 2019 $ 2,481 $ 628 $ 1,167 $ 191 $ 413 $ 4,880 Disposals – – (32 ) (25 ) – (57 ) Impairment losses – – 4 – 13 17 Amortization charge for the year 54 60 528 73 66 781 Fully amortized intangibles – – (391 ) (37 ) – (428 ) Foreign currency translation adjustments and other 28 2 (1 ) 2 3 34 As at October 31, 2020 $ 2,563 $ 690 $ 1,275 $ 204 $ 495 $ 5,227 Net Book Value: As at October 31, 2019 $ 95 $ 214 $ 1,760 $ 104 $ 330 $ 2,503 As at October 31, 2020 43 154 1,559 74 295 2,125

Land, Buildings, Equipment, and

Land, Buildings, Equipment, and Other Depreciable Assets	12 Months Ended
	Oct. 31, 2020
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Land, Buildings, Equipment, and Other Depreciable Assets	The following table presents details of the Bank’s land, buildings, equipment, and other depreciable assets as at October 31, 2019 and October 31, 2020. Land, Buildings, Equipment, and Other Depreciable Assets (millions of Canadian dollars) Land Buildings Computer Furniture, Leasehold Total Cost As at November 1, 2018 $ 971 $ 3,378 $ 829 $ 1,315 $ 1,993 $ 8,486 Additions 30 194 259 147 227 857 Acquisitions through business combinations – – – 1 2 3 Disposals (2 ) (29 ) (119 ) (35 ) (48 ) (233 ) Fully depreciated assets – (45 ) (156 ) (63 ) (53 ) (317 ) Foreign currency translation adjustments and other (12 ) (10 ) – (14 ) 18 (18 ) As at October 31, 2019 987 3,488 813 1,351 2,139 8,778 Impact on adoption of IFRS 16 1 – (71 ) (188 ) – – (259 ) As at November 1, 2019 987 3,417 625 1,351 2,139 8,519 Additions 1 217 233 149 315 915 Disposals (1 ) (16 ) (76 ) (74 ) (71 ) (238 ) Fully depreciated assets – (28 ) 17 (20 ) (69 ) (100 ) Foreign currency translation adjustments and other 2 (19 ) (105 ) 4 (10 ) 6 (124 ) As at October 31, 2020 $ 968 $ 3,485 $ 803 $ 1,396 $ 2,320 $ 8,972 Accumulated depreciation and impairment losses As at November 1, 2018 $ – $ 1,173 $ 449 $ 605 $ 935 $ 3,162 Depreciation charge for the year – 120 168 138 179 605 Disposals – (19 ) (85 ) (31 ) (38 ) (173 ) Fully depreciated assets – (45 ) (156 ) (63 ) (53 ) (317 ) Foreign currency translation adjustments and other – (11 ) 1 (1 ) (1 ) (12 ) As at October 31, 2019 – 1,218 377 648 1,022 3,265 Impact on adoption of IFRS 16 1 – 185 (129 ) – – 56 As at November 1, 2019 – 1,403 248 648 1,022 3,321 Depreciation charge for the year – 155 172 156 194 677 Disposals – (27 ) (48 ) (62 ) (43 ) (180 ) Impairment losses – 53 3 – – 56 Fully depreciated assets – (28 ) 17 (20 ) (69 ) (100 ) Foreign currency translation adjustments and other 2 – (122 ) (18 ) (3 ) 24 (119 ) As at October 31, 2020 $ – $ 1,434 $ 374 $ 719 $ 1,128 $ 3,655 Net Book Value Excluding Right of Use Assets: As at October 31, 2019 $ 987 $ 2,270 $ 436 $ 703 $ 1,117 $ 5,513 As at October 31, 2020 968 2,051 429 677 1,192 5,317 1 Refer to Note 4 for further details. 2 Includes adjustments to reclassify premises related non-current assets held-for-sale to other assets. The following table presents details of the Bank’s ROU assets as recorded in accordance with IFRS 16. Refer to Note 18: Other Liabilities Provisions, Contingent Liabilities, Commitments, Guarantees, Pledged Assets and Collateral Right of Use Assets Net Book Value (millions of Canadian dollars) Land Buildings Computer Total As at October 31, 2019 $ n/a $ n/a $ n/a $ n/a Impact on adoption of IFRS 16 1 1,027 3,377 59 4,463 As at November 1, 2019 1,027 3,377 59 4,463 Additions 2 733 – 735 Depreciation (98 ) (476 ) (17 ) (591 ) Reassessments, modifications, and variable lease payment adjustments 14 186 – 200 Terminations and impairment (2 ) (18 ) – (20 ) Foreign currency translation adjustments and other 13 19 – 32 As at October 31, 2020 $ 956 $ 3,821 $ 42 $ 4,819 1 Refer to Note 4 for further details. Total Land, Buildings, Equipment, and Other Depreciable Assets Net Book Value (millions of Canadian dollars) Land Buildings Computer Furniture, Leasehold Total As at October 31, 2019 $ 987 $ 2,270 $ 436 $ 703 $ 1,117 $ 5,513 As at October 31, 2020 1,924 5,872 471 677 1,192 10,136

Other Assets

Other Assets	12 Months Ended
	Oct. 31, 2020
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Other Assets	NOTE 16: OTHER ASSETS Other Assets (millions of Canadian dollars) As at October 31 October 31 Accounts receivable and other items $ 10,799 $ 9,069 Accrued interest 2,336 2,479 Current income tax receivable 2,294 2,468 Defined benefit asset 9 13 Insurance-related assets, excluding investments 2,268 1,761 Prepaid expenses 1,150 1,297 Total $ 18,856 $ 17,087

Deposits

Deposits	12 Months Ended
	Oct. 31, 2020
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Deposits	NOTE 17: DEPOSITS Demand deposits are those for which the Bank does not have the right to require notice prior to withdrawal. These deposits are in general chequing accounts. Notice deposits are those for which the Bank can legally require notice prior to withdrawal. These deposits are in general savings accounts. Term deposits are those payable on a fixed date of maturity purchased by customers to earn interest over a fixed period. The terms are from one day to ten years. The deposits are generally term deposits, guaranteed investment certificates, senior debt, and similar instruments. The aggregate amount of term deposits in denominations of $100,000 or more as at October 31, 2020 was $287 billion (October 31, 2019 – $309 billion). Certain deposit liabilities are classified as Trading deposits on the Consolidated Balance Sheet and accounted for at fair value with the change in fair value recognized on the Consolidated Statement of Income. Certain deposits have been designated at FVTPL on the Consolidated Balance Sheet to reduce an accounting mismatch from related economic hedges. These deposits are accounted for at fair value with the change in fair value recognized on the Consolidated Statement of Income, except for the amount of change in fair value attributable to changes in the Bank’s own credit risk, which is recognized on the Consolidated Statement of Comprehensive Income. For deposits designated at FVTPL, the estimated amount that the Bank would be contractually required to pay at maturity, which is based on notional amounts, was $155 million less than its fair value as at October 31, 2020 (October 31, 2019 – $328 million). Deposits (millions of Canadian dollars) As at By Type By Country October 31 October 31 Demand Notice Term 1 Canada United States International Total Total Personal $ 20,237 $ 545,695 $ 59,268 $ 274,953 $ 350,244 $ 3 $ 625,200 $ 503,430 Banks 2 13,974 126 14,869 19,735 4,692 4,542 28,969 16,751 Business and government 3 115,436 197,845 167,883 326,460 151,431 3,273 481,164 366,796 Trading 2 – – 19,177 11,842 2,657 4,678 19,177 26,885 Designatedat fair value through profit or loss 2,4 – – 59,626 27,555 26,080 5,991 59,626 105,100 Total $ 149,647 $ 743,666 $ 320,823 $ 660,545 $ 535,104 $ 18,487 $ 1,214,136 $ 1,018,962 Non-interest-bearing deposits included above In domestic offices $ 55,920 $ 43,887 In foreign offices 76,099 53,381 Interest-bearing deposits included above In domestic offices 604,625 530,608 In foreign offices 472,913 391,076 U.S. federal funds deposited 2 4,579 10 Total 3,5 $ 1,214,136 $ 1,018,962 1 Includes $27.58 billion (October 31, 2019 – $17 billion) of senior debt which is subject to the bank recapitalization “bail-in” regime. This regime provides certain statutory powers to the Canada Deposit Insurance Corporation, including the ability to convert specified eligible shares and liabilities into common shares in the event that the Bank becomes non-viable. 2 Includes deposits and advances with the Federal Home Loan Bank. 3 As at October 31, 2020, includes $40.5 billion relating to covered bondholders (October 31, 2019 – $39.9 billion) and $1.2 billion (October 31, 2019 – $1.2 billion) due to TD Capital Trust IV. 4 Financial liabilities designated at FVTPL consist of deposits designated at FVTPL and $39 million (October 31, 2019 – $31 million) of loan commitments and financial guarantees designated at FVTPL. 5 As at October 31, 2020, includes deposits of $708 billion (October 31, 2019 – $580 billion) denominated in U.S. dollars and $44 billion (October 31, 2019 – $52 billion) denominated in other foreign currencies. Term Deposits by Remaining Term-to-Maturity (millions of Canadian dollars) As at October 31 October 31 2019 Within 1 year Over 1 year to Over 2 years to Over 3 years to Over 4 years to Over 5 years Total Total Personal $ 41,213 $ 10,096 $ 5,065 $ 1,712 $ 1,145 $ 37 $ 59,268 $ 58,006 Banks 14,859 – 3 – 2 5 14,869 8,397 Business and government 97,278 14,382 25,761 18,166 8,911 3,385 167,883 145,258 Trading 10,993 3,510 1,349 1,254 851 1,220 19,177 26,885 Designated at fair value through profit or loss 59,626 – – – – – 59,626 105,100 Total $ 223,969 $ 27,988 $ 32,178 $ 21,132 $ 10,909 $ 4,647 $ 320,823 $ 343,646 Term Deposits due within a Year (millions of Canadian dollars) As at October 31 2020 October 31 2019 Within Over 3 Over 6 Total Total Personal $ 15,235 $ 9,139 $ 16,839 $ 41,213 $ 38,941 Banks 14,462 313 84 14,859 8,387 Business and government 50,090 24,700 22,488 97,278 57,346 Trading 4,232 2,065 4,696 10,993 18,819 Designated at fair value through profit or loss 25,919 12,563 21,144 59,626 104,744 Total $ 109,938 $ 48,780 $ 65,251 $ 223,969 $ 228,237

Other Liabilities

Other Liabilities	12 Months Ended
	Oct. 31, 2020
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Other Liabilities	Other Liabilities 1 (millions of Canadian dollars) As at October 31 2020 October 31 2019 Accounts payable, accrued expenses, and other items $ 6,571 $ 5,163 Accrued interest 1,142 1,393 Accrued salaries and employee benefits 2,900 3,245 Cheques and other items in transit 2,440 1,042 Current income tax payable 275 169 Deferred tax liabilities 284 193 Defined benefit liability 3,302 2,781 Lease liabilities 2 6,095 66 Liabilities related to structured entities 5,898 5,857 Provisions 1,569 1,095 Total $ 30,476 $ 21,004 1 Certain comparative amounts have been recast to conform with the presentation adopted in the current year. 2 Refer to Note 27 for lease liability maturity and lease payment details.

Subordinated Notes And Debentur

Subordinated Notes And Debentures	12 Months Ended
	Oct. 31, 2020
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Subordinated Notes And Debentures	Subordinated notes and debentures are direct unsecured obligations of the Bank or its subsidiaries and are subordinated in right of payment to the claims of depositors and certain other creditors. Redemptions, cancellations, exchanges, and modifications of subordinated debentures qualifying as regulatory capital are subject to the consent and approval of OSFI. Subordinated Notes and Debentures (millions of Canadian dollars, except as noted) As at Maturity date Interest Reset spread (%) Earliest par redemption date October 31 2020 October 31 2019 May 26, 2025 9.150 n/a – $ 200 $ 198 June 24, 2025 1 2.692 2 1.210 2 June 24, 2020 3 – 1,496 September 30, 2025 1 2.982 2 1.830 2 September 30, 2020 4 – 996 September 14, 2028 1 3.589 2 1.060 2 September 14, 2023 1,743 1,738 July 25, 2029 1 3.224 2 1.250 2 July 25, 2024 1,561 1,509 April 22, 2030 1 3.105 2 2.160 2 April 22, 2025 5 2,974 – March 4, 2031 1 4.859 2 3.490 2 March 4, 2026 1,279 1,206 September 15, 2031 1 3.625 6 2.205 6 September 15, 2026 1,881 1,842 January 26, 2032 1 3.060 2 1.330 2 January 26, 2027 1,839 1,740 Total $ 11,477 $ 10,725 1 Non-viability contingent capital (NVCC). The subordinated notes and debentures qualify as regulatory capital under OSFI’s Capital Adequacy Requirements (CAR) guideline. If a NVCC conversion were to occur in accordance with the NVCC Provisions, the maximum number of common shares that could be issued based on the formula for conversion set out in the respective prospectus supplements, assuming there is no declared and unpaid interest on the respective subordinated notes, would be 525 million for the 3.589% subordinated debentures due September 14, 2028, 450 million for the 3.224% subordinated debentures due July 25, 2029, 900 million for the 3.105% subordinated debentures due April 22, 2030, 375 million for the 4.859% subordinated debentures due March 4, 2031, 450 million for the 3.625% subordinated debentures due September 15, 2031 (assuming a Canadian to U.S. dollar exchange rate of 1.00), and 525 million for the 3.060% subordinated debentures due January 26, 2032. 2 Interest rate is for the period to but excluding the earliest par redemption date, and thereafter, it will be reset at a rate of three-month Bankers’ Acceptance rate (as such term is defined in the applicable offering document) plus the reset spread noted. 3 On June 24, 2020, the Bank redeemed all of its outstanding $1.5 billion 2.692% NVCC subordinated debentures due June 24, 2025, at a redemption price of 100% of the principal amount plus accrued and unpaid interest to, but excluding, the redemption date. 4 On September 30, 2020, the Bank redeemed all of its outstanding $1 billion 2.982% NVCC subordinated debentures due September 30, 2025, at a redemption price of 100% of the principal amount plus accrued and unpaid interest to, but excluding, the redemption date. 5 On April 22, 2020, the Bank issued $3 billion of NVCC medium-term notes constituting subordinated indebtedness of the Bank (the “Notes”). The Notes bear interest at a fixed rate of 3.105% per annum (paid semi-annually) until April 22, 2025, and at the three-month Bankers’ Acceptance rate (as such term is defined in the applicable offering document) plus 2.16% thereafter (paid quarterly) until maturity on April 22, 2030. With the prior approval of OSFI, the Bank may, at its option, redeem the Notes on or after April 22, 2025, in whole or in part, at par plus accrued and unpaid interest. Not more than 60 nor less than 30 days’ notice is required to be given to the Notes’ holders for such redemptions. 6 Interest rate is for the period to but excluding the earliest par redemption date, and thereafter, it will be reset at a rate of 5-year Mid-Swap Rate plus the reset spread noted. The total change in subordinated notes and debentures for the year ended October 31, 2020 primarily relates to the issuance and redemption of subordinated debentures, foreign exchange translation, and the basis adjustment for fair value hedges. REPAYMENT SCHEDULE The aggregate remaining maturities of the Bank’s subordinated notes and debentures are as follows: Maturities (millions of Canadian dollars) As at October 31 2020 October 31 2019 Within 1 year $ – $ – Over 1 year to 3 years – – Over 3 years to 4 years – – Over 4 years to 5 years 200 – Over 5 years 11,277 10,725 Total $ 11,477 $ 10,725

Capital Trust Securities

Capital Trust Securities	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Capital Trust Securities	The Bank issued innovative capital securities through two structured entities: Trust III and Trust IV. TD CAPITAL TRUST III SECURITIES – SERIES 2008 On September 17, 2008, Trust III, a closed-end trust, issued TD CaTS III. The proceeds from the issuance were invested in trust assets purchased from the Bank. On December 31, 2018, Trust III redeemed all of the outstanding TD CaTS III at a price of $1 billion plus the unpaid distribution payable on the redemption date. TD CaTS III were reported on the Consolidated Balance Sheet as Non-controlling interests in subsidiaries. TD CAPITAL TRUST IV NOTES – SERIES 1 TO 3 On January 26, 2009, Trust IV issued TD Capital Trust IV Notes – Series 1 due June 30, 2108 (TD CaTS IV – 1) and TD Capital Trust IV Notes – Series 2 due June 30, 2108 (TD CaTS IV – 2) and on September 15, 2009, issued TD Capital Trust IV Notes – Series 3 due June 30, 2108 (TD CaTS IV – 3, and collectively TD CaTS IV Notes). The proceeds from the issuances were invested in bank deposit notes. On June 30, 2019, Trust IV redeemed all of the outstanding TD CaTS IV – 1. Each TD CaTS IV – 2 may be automatically exchanged into non-cumulative Class A First Preferred Shares, Series A10 of the Bank and each TD CaTS IV – 3 may be automatically exchanged into non-cumulative Class A First Preferred Shares, Series A11 of the Bank, in each case, without the consent of the holders, on the occurrence of certain events. On each interest payment date in respect of which certain events have occurred, holders of TD CaTS IV Notes will be required to invest interest paid on such TD CaTS IV Notes in a new series of non-cumulative Class A First Preferred Shares of the Bank. The Bank does not consolidate Trust IV because it does not absorb significant returns of Trust IV as it is ultimately exposed only to its own credit risk. Therefore, TD CaTS IV Notes are not reported on the Bank’s Consolidated Balance Sheet, but the deposit notes issued to Trust IV are reported in Deposits on the Consolidated Balance Sheet. Refer to Notes 10 and 17 for further details. Capital Trust Securities (millions of Canadian dollars, except as noted) As at Redemption Thousands Distribution/Interest Annual At the option October 31 October 31 TD CaTS IV Notes issued by Trust IV TD Capital Trust IV Notes – Series 2 450 June 30, Dec. 31 10.000 % 1 June 30, 2014 2 450 450 TD Capital Trust IV Notes – Series 3 750 June 30, Dec. 31 6.631 % 3 Dec. 31, 2014 2 750 750 1,200 $ 1,200 $ 1,200 1 From and including January 26, 2009, to but excluding June 30, 2039. Starting on June 30, 2039, and on every fifth anniversary thereafter, the interest rate will reset to equal the then 5-year 2 On or after the redemption date, Trust IV may, with regulatory approval, redeem the TD CaTS IV – 2 or TD CaTS IV – 3, respectively, in whole or in part, without the consent of the holders. On February 27, 2020, the Bank announced that, subject to regulatory approval, it expects to exercise a regulatory event redemption right in its fiscal 2022 year in respect of the TD CaTS IV – 2 outstanding at that time, meaning that this redemption right could occur as early as November 1, 2021. The Bank’s expectations regarding this redemption are based on a number of factors and assumptions, including the Bank’s current and expected future capital position and market conditions, which are subject to change and may result in a change in the Bank’s expectations regarding the redemption. 3 From and including September 15, 2009, to but excluding June 30, 2021. Starting on June 30, 2021, and on every fifth anniversary thereafter, the interest rate will reset to equal the then 5-year

Equity

Equity	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Equity	COMMON SHARES The Bank is authorized by its shareholders to issue an unlimited number of common shares, without par value, for unlimited consideration. The common shares are not redeemable or convertible. Dividends are typically declared by the Board of Directors of the Bank on a quarterly basis and the amount may vary from quarter to quarter. PREFERRED SHARES The Bank is authorized by its shareholders to issue, in one or more series, an unlimited number of Class A First Preferred Shares, without nominal or par value. Non-cumulative preferential dividends are payable quarterly, as and when declared by the Board of Directors of the Bank. All preferred shares include NVCC Provisions, necessary for the preferred shares to qualify as regulatory capital under OSFI’s CAR guideline. NVCC Provisions require the conversion of the preferred shares into a variable number of common shares of the Bank if OSFI determines that the Bank is, or is about to become, non-viable and that after conversion of all non-common capital instruments, the viability of the Bank is expected to be restored, or if the Bank has accepted or agreed to accept a capital injection or equivalent support from a federal or provincial government without which the Bank would have been determined by OSFI to be non-viable. The following table summarizes the changes to the shares issued and outstanding and treasury shares held as at and for the years ended October 31, 2020 and October 31, 2019. Common and Preferred Shares Issued and Outstanding and Treasury Shares Held (millions of shares and millions of Canadian dollars) October 31, 2020 October 31, 2019 Number Amount Number Amount Common Shares Balance as at beginning of year 1,812.5 $ 21,713 1,830.4 $ 21,221 Proceeds from shares issued on exercise of stock options 1.5 79 2.3 124 Shares issued as a result of dividend reinvestment plan 14.1 838 4.8 357 Shares issued in connection with acquisitions 1 – – 5.0 366 Purchase of shares for cancellation and other (12.0 ) (143 ) (30.0 ) (355 ) Balance as at end of year – common shares 1,816.1 $ 22,487 1,812.5 $ 21,713 Preferred Shares – Class A 2 Series 1 20.0 $ 500 20.0 $ 500 Series 3 20.0 500 20.0 500 Series 5 20.0 500 20.0 500 Series 7 14.0 350 14.0 350 Series 9 8.0 200 8.0 200 Series 11 3 – – 6.0 150 Series 12 28.0 700 28.0 700 Series 14 40.0 1,000 40.0 1,000 Series 16 14.0 350 14.0 350 Series 18 14.0 350 14.0 350 Series 20 16.0 400 16.0 400 Series 22 14.0 350 14.0 350 Series 24 18.0 450 18.0 450 Balance as at end of year – preferred shares 226.0 $ 5,650 232.0 $ 5,800 Treasury shares – common 4 Balance as at beginning of year 0.6 $ (41 ) 2.1 $ (144 ) Purchase of shares 135.6 (8,752 ) 132.3 (9,782 ) Sale of shares (135.7 ) 8,756 (133.8 ) 9,885 Balance as at end of year – treasury shares – common 0.5 $ (37 ) 0.6 $ (41 ) Treasury shares – preferred 4 Balance as at beginning of year 0.3 $ (6 ) 0.3 $ (7 ) Purchase of shares 6.0 (122 ) 7.0 (151 ) Sale of shares (6.2 ) 124 (7.0 ) 152 Balance as at end of year – treasury shares – preferred 0.1 $ (4 ) 0.3 $ (6 ) 1 On November 1, 2018, the Bank issued 4.7 million shares for $342 million that formed part of the consideration paid for Greystone, as well as 0.3 million shares issued for $24 million as share-based compensation to replace share-based payment awards of Greystone. Refer to Note 13 for a discussion on the acquisition of Greystone. 2 All series of preferred shares – Class A include NVCC Provisions and qualify as regulatory capital under OSFI’s CAR guideline. If a NVCC conversion were to occur in accordance with the NVCC Provisions, the maximum number of common shares that could be issued based on the formula for conversion set out in the respective terms and conditions applicable to each Series of shares, assuming there are no declared and unpaid dividends on the respective Series of shares at the time of conversion, as applicable, would be 100 million for Series 1, 100 million for Series 3, 100 million for Series 5, 70 million for Series 7, 40 million for Series 9, 140 million for Series 12, 200 million for Series 14, 70 million for Series 16, 70 million for Series 18, 80 million for Series 20, 70 million for Series 22, and 90 million for Series 24. 3 On October 31, 2020, the Bank redeemed all of its 6 million outstanding Non-Cumulative Fixed Rate Class A First Preferred Shares NVCC, Series 11 (“Series 11 Shares”), at a redemption price of $26.00 per Series 11 Share, for a total redemption cost of approximately $156 million. 4 When the Bank purchases its own shares as part of its trading business, they are classified as treasury shares and the cost of these shares is recorded as a reduction in equity. Preferred Shares Terms and Conditions Issue date Annual 1 Reset 1 Next redemption/ 1 Convertible 1 NVCC Rate Reset Preferred Shares 2 Series 1 June 4, 2014 3.662 2.24 October 31, 2024 Series 2 Series 3 July 31, 2014 3.681 2.27 July 31, 2024 Series 4 Series 5 3 December 16, 2014 3.876 2.25 January 31, 2025 Series 6 Series 7 4 March 10, 2015 3.201 2.79 July 31, 2025 Series 8 Series 9 5 April 24, 2015 3.242 2.87 October 31, 2025 Series 10 Series 12 January 14, 2016 5.5 4.66 April 30, 2021 Series 13 Series 14 September 8, 2016 4.85 4.12 October 31, 2021 Series 15 Series 16 July 14, 2017 4.50 3.01 October 31, 2022 Series 17 Series 18 March 14, 2018 4.70 2.70 April 30, 2023 Series 19 Series 20 September 13, 2018 4.75 2.59 October 31, 2023 Series 21 Series 22 January 28, 2019 5.20 3.27 April 30, 2024 Series 23 Series 24 June 4, 2019 5.10 3.56 July 31, 2024 Series 25 1 Non-cumulative preferred dividends for each Series are payable quarterly, as and when declared by the Board of Directors. The dividend rate of the Rate Reset Preferred Shares will reset on the next redemption/conversion date and every 5 years thereafter to equal the then 5-year Government of Canada bond yield plus the reset spread noted. Rate Reset Preferred Shares are convertible to the corresponding Series of Floating Rate Preferred Shares, and vice versa. If converted into a Series of Floating Rate Preferred Shares, the dividend rate for the quarterly period will be equal to the then 90-day Government of Canada Treasury bill yield plus the reset spread noted. 2 Subject to regulatory consent, redeemable on the redemption date noted and every 5 years thereafter, at $25 per share. Convertible on the conversion date noted and every 5 years thereafter if not redeemed. If converted, the holders have the option to convert back to the original Series of preferred shares every 5 years. 3 On January 16, 2020, the Bank announced that none of its 20 million Non-Cumulative 5-Year Rate Reset Preferred Shares NVCC, Series 5 (the “Series 5 Shares”) would be converted on January 31, 2020, into Non-Cumulative Floating Rate Preferred Shares NVCC, Series 6. On January 2, 2020, the Bank announced the dividend rate for the Series 5 Shares for the 5-year 4 On July 16, 2020, the Bank announced that none of its 14 million Non-Cumulative 5-Year Rate Reset Preferred Shares NVCC, Series 7 (the “Series 7 Shares”) would be converted on July 31, 2020, into Non-Cumulative Floating Rate Preferred Shares NVCC, Series 8. On July 2, 2020, the Bank announced the dividend rate for the Series 7 Shares for the 5-year 5 On October 16, 2020, the Bank announced that none of its 8 million Non-Cumulative 5-Year Rate Reset Preferred Shares NVCC, Series 9 (the “Series 9 Shares”) would be converted on October 31, 2020, into Non-Cumulative Floating Rate Preferred Shares NVCC, Series 10. On October 1, 2020, the Bank announced the dividend rate for the Series 9 Shares for the 5-year NORMAL COURSE ISSUER BID On December 19, 2019, the Bank announced that the Toronto Stock Exchange (TSX) and OSFI had approved the Bank’s previously announced normal course issuer bid (NCIB) to repurchase for cancellation up to 30 million of its common shares. The NCIB commenced on December 24, 2019. During the year ended October 31, 2020, the Bank repurchased 12 million common shares under its NCIB at an average price of $70.55 per share for a total amount of $847 million. During the year ended October 31, 2019, the Bank repurchased an aggregate of 30 million common shares under its then current NCIB and a prior NCIB, at an average price of $74.48 per share, for a total amount of $2.2 billion. On March 13, 2020, OSFI issued a news release announcing a series of measures to support the resilience of financial institutions in response to challenges posed by COVID-19 and current market conditions. One such measure was a decrease in the Domestic Stability Buffer (DSB) by 1.25% of risk-weighted assets (RWA). In the news release, OSFI stated its expectation that banks will use the additional lending capacity to support Canadian households and businesses and set the expectation for all federally regulated financial institutions that dividend increases and share buybacks should be halted for the time being. DIVIDEND REINVESTMENT PLAN The Bank offers a dividend reinvestment plan for its common shareholders. Participation in the plan is optional and under the terms of the plan, cash dividends on common shares are used to purchase additional common shares. At the option of the Bank, the common shares may be issued from the Bank’s treasury at an average market price based on the last five trading days before the date of the dividend payment, with a discount of between 0% to 5% at the Bank’s discretion, or from the open market at market price. During the year ended October 31, 2020, 4.1 million common shares were issued from the Bank’s treasury with no discount and 10.0 million common shares were issued from the Bank’s treasury with a 2% discount under the dividend reinvestment plan. During the year ended October 31, 2019, 4.8 million common shares were issued from the Bank’s treasury with no discount under the dividend reinvestment plan. DIVIDEND RESTRICTIONS The Bank is prohibited by the Bank Act Bank Act The Bank is also restricted from paying dividends in the event that Trust IV fails to pay interest in full to holders of its trust securities, TD CaTS IV Notes. In addition, the ability to pay dividends on common shares without the approval of the holders of the outstanding preferred shares is restricted unless all dividends on the preferred shares have been declared and paid or set apart for payment. Currently, these limitations do not restrict the payment of dividends on common shares or preferred shares. As noted above under “Normal Course Issuer Bid”, on March 13, 2020, OSFI issued a news release announcing a series of measures to support the resilience of financial institutions in response to challenges posed by COVID-19 and current market conditions. In that news release, among other things, OSFI set the expectation for all federally regulated financial institutions that dividend increases should be halted for the time being.

Insurance

Insurance	12 Months Ended
	Oct. 31, 2020
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Insurance	NOTE 22: INSURANCE INSURANCE REVENUE AND EXPENSES Insurance revenue and expenses are presented on the Consolidated Statement of Income under insurance revenue and insurance claims and related expenses, respectively, net of impact of reinsurance. This includes the results of property and casualty insurance, life and health insurance, as well as reinsurance assumed and ceded in Canada and internationally. Insurance Revenue and Insurance Claims and Related Expenses (millions of Canadian dollars) For the years ended October 31 2020 2019 2018 Insurance Revenue Earned Premiums Gross $ 4,845 $ 4,632 $ 4,398 Reinsurance ceded 643 915 915 Net earned premiums 4,202 3,717 3,483 Fee income and other revenue 1 363 565 562 Insurance Revenue 4,565 4,282 4,045 Insurance Claims and Related Expenses Gross 3,380 2,987 2,676 Reinsurance ceded 494 200 232 Insurance Claims and Related Expenses $ 2,886 $ 2,787 $ 2,444 1 Ceding commissions received and paid are included within fee income and other revenue. Ceding commissions paid and netted against fee income in 2020 were $92 million (2019 – $123 million; 2018 – $130 million). RECONCILIATION OF CHANGES IN INSURANCE LIABILITIES Insurance-related liabilities are comprised of provision for unpaid claims (section (a) below), unearned premiums (section (b) below) and other insurance liabilities (section (c) below). (a) Movement in Provision for Unpaid Claims The following table presents movements in the property and casualty insurance provision for unpaid claims during the year. Movement in Provision for Unpaid Claims (millions of Canadian dollars) October 31, 2020 October 31, 2019 Gross Reinsurance/ recoverable Net Gross Reinsurance/ Net Balance as at beginning of year $ 4,840 $ 141 $ 4,699 $ 4,812 $ 160 $ 4,652 Claims costs for current accident year 2,948 302 2,646 2,727 – 2,727 Prior accident years claims development (favourable) unfavourable (354 ) (5 ) (349 ) (410 ) (2 ) (408 ) Increase (decrease) due to changes in assumptions: Discount rate 123 – 123 95 1 94 Provision for adverse deviation 25 4 21 (7 ) (1 ) (6 ) Claims and related expenses 2,742 301 2,441 2,405 (2 ) 2,407 Claims paid during the year for: Current accident year (1,346 ) (179 ) (1,167 ) (1,239 ) – (1,239 ) Prior accident years (1,084 ) (7 ) (1,077 ) (1,147 ) (26 ) (1,121 ) (2,430 ) (186 ) (2,244 ) (2,386 ) (26 ) (2,360 ) Increase (decrease) in reinsurance/other recoverables (10 ) (10 ) – 9 9 – Balance as at end of year $ 5,142 $ 246 $ 4,896 $ 4,840 $ 141 $ 4,699 (b) Movement in Unearned Premiums The following table presents movements in the property and casualty insurance unearned premiums during the year. Movement in Provision for Unearned Premiums (millions of Canadian dollars) October 31, 2020 October 31, 2019 Gross Reinsurance Net Gross Reinsurance Net Balance as at beginning of year $ 1,869 $ 17 $ 1,852 $ 1,674 $ 19 $ 1,655 Written premiums 3,879 127 3,752 3,528 105 3,423 Earned premiums (3,625 ) (120 ) (3,505 ) (3,333 ) (107 ) (3,226 ) Balance as at end of year $ 2,123 $ 24 $ 2,099 $ 1,869 $ 17 $ 1,852 (c) Other Movements in Insurance Liabilities Other insurance liabilities were $325 million as at October 31, 2020 (October 31, 2019 – $211 million). The increase of $114 million (2019 – decrease of $1 million) is mainly due to business growth, interest rate movements and changes in life and health insurance actuarial assumptions impacting actuarial liabilities. PROPERTY AND CASUALTY CLAIMS DEVELOPMENT The following table shows the estimates of cumulative claims incurred, including IBNR, with subsequent developments during the periods and together with cumulative payments to date. The original reserve estimates are evaluated monthly for redundancy or deficiency. The evaluation is based on actual payments in full or partial settlement of claims and current estimates of claims liabilities for claims still open or claims still unreported. Incurred Claims by Accident Year (millions of Canadian dollars) Accident Year 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Total Net ultimate claims cost at end of accident year $ 4,230 $ 1,830 $ 2,245 $ 2,465 $ 2,409 $ 2,438 $ 2,425 $ 2,631 $ 2,727 $ 2,646 Revised estimates One year later 4,483 1,930 2,227 2,334 2,367 2,421 2,307 2,615 2,684 Two years later 4,794 1,922 2,191 2,280 2,310 2,334 2,258 2,573 Three years later 4,726 1,885 2,158 2,225 2,234 2,264 2,201 Four years later 4,758 1,860 2,097 2,147 2,162 2,200 Five years later 4,663 1,818 2,047 2,084 2,115 Six years later 4,577 1,793 2,004 2,044 Seven years later 4,556 1,761 1,982 Eight years later 4,493 1,754 Nine years later 4,466 Current estimates of cumulative claims 4,466 1,754 1,982 2,044 2,115 2,200 2,201 2,573 2,684 2,646 Cumulative payments to date (4,337 ) (1,695 ) (1,911 ) (1,914 ) (1,878 ) (1,831 ) (1,688 ) (1,866 ) (1,716 ) (1,167 ) Net undiscounted provision for unpaid claims 129 59 71 130 237 369 513 707 968 1,479 $ 4,662 Effect of discounting (195 ) Provision for adverse deviation 429 Net provision for unpaid claims $ 4,896 SENSITIVITY TO INSURANCE RISK A variety of assumptions are made related to the future level of claims, policyholder behaviour, expenses and sales levels when products are designed and priced, as well as when actuarial liabilities are determined. Such assumptions require a significant amount of professional judgment. The insurance claims provision is sensitive to certain assumptions. It has not been possible to quantify the sensitivity of certain assumptions such as legislative changes or uncertainty in the estimation process. Actual experience may differ from the assumptions made by the Bank. For property and casualty insurance, the main assumption underlying the claims liability estimates is that past claims development experience can be used to project future claims development and hence ultimate claims costs. As such, these methods extrapolate the development of paid and incurred losses, average costs per claim, and claim numbers based on the observed development of earlier years and expected loss ratios. Claims liabilities estimates are based on various quantitative and qualitative factors including the discount rate, the margin for adverse deviation, reinsurance, trends in claims severity and frequency, and other external drivers. Qualitative and other unforeseen factors could negatively impact the Bank’s ability to accurately assess the risk of the insurance policies that the Bank underwrites. In addition, there may be significant lags between the occurrence of an insured event and the time it is actually reported to the Bank and additional lags between the time of reporting and final settlements of claims. The following table outlines the sensitivity of the Bank’s property and casualty insurance claims liabilities to reasonably possible movements in the discount rate, the margin for adverse deviation, and the frequency and severity of claims, with all other assumptions held constant. Movements in the assumptions may be non-linear. Sensitivity of Critical Assumptions – Property and Casualty Insurance Contract Liabilities (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Impact on net Impact Impact on net before Impact Impact of a 1% change in key assumptions Discount rate Increase in assumption $ 130 $ 96 $ 122 $ 89 Decrease in assumption (140 ) (103 ) (131 ) (96 ) Margin for adverse deviation Increase in assumption (47 ) (35 ) (45 ) (33 ) Decrease in assumption 47 35 45 33 Impact of a 5% change in key assumptions Frequency of claims Increase in assumption $ (52 ) $ (39 ) $ (52 ) $ (38 ) Decrease in assumption 52 39 52 38 Severity of claims Increase in assumption (225 ) (166 ) (220 ) (161 ) Decrease in assumption 225 166 220 161 For life and health insurance, the processes used to determine critical assumptions are as follows: • Mortality, morbidity, and lapse assumptions are based on industry and historical company data. • Expense assumptions are based on an annually updated expense study that is used to determine expected expenses for future years. • Asset reinvestment rates are based on projected earned rates, and liabilities are calculated using the Canadian Asset Liability Method (CALM). A sensitivity analysis for possible movements in the life and health insurance business assumptions was performed and the impact is not significant to the Bank’s Consolidated Financial Statements. CONCENTRATION OF INSURANCE RISK Concentration risk is the risk resulting from large exposures to similar risks that are positively correlated. Risk associated with automobile, residential and other products may vary in relation to the geographical area of the risk insured. Exposure to concentrations of insurance risk, by type of risk, is mitigated by ceding these risks through reinsurance contracts, as well as careful selection and implementation of underwriting strategies, which is in turn largely achieved through diversification by line of business and geographical areas. For automobile insurance, legislation is in place at a provincial level and this creates differences in the benefits provided among the provinces. As at October 31, 2020, for the property and casualty insurance business, 66.3% of net written premiums were derived from automobile policies (October 31, 2019 – 66.0%) followed by residential with 33.3% (October 31, 2019 – 33.5%). The distribution by provinces show that business is mostly concentrated in Ontario with 52.3% of net written premiums (October 31, 2019 – 53.9%). The Western provinces represented 31.7% (October 31, 2019 – 31.2%), followed by the Atlantic provinces with 9.4% (October 31, 2019 – 8.8%), and Québec at 6.6% (October 31, 2019 – 6.1%). Concentration risk is not a major concern for the life and health insurance business as it does not have a material level of regional specific characteristics like those exhibited in the property and casualty insurance business. Reinsurance is used to limit the liability on a single claim. Concentration risk is further limited by diversification across uncorrelated risks. This limits the impact of a regional pandemic and other concentration risks. To improve understanding of exposure to this risk, a pandemic scenario is tested annually.

Share-Based Compensation

Share-Based Compensation	12 Months Ended
	Oct. 31, 2020
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Share-Based Compensation	STOCK OPTION PLAN The Bank maintains a stock option program for certain key employees. Options on common shares are periodically granted to eligible employees of the Bank under the plan for terms of ten years and vest over a four-year period. These options provide holders with the right to purchase common shares of the Bank at a fixed price equal to the closing market price of the shares on the day prior to the date the options were issued. Under this plan, 14 million common shares have been reserved for future issuance (October 31, 2019 – 16 million; October 31, 2018 – 18 million). The outstanding options expire on various dates to December 12, 2029. The following table summarizes the Bank’s stock option activity and related information, adjusted to reflect the impact of the stock dividend on a retrospective basis, for the years ended October 31, 2020, October 31, 2019, and October 31, 2018. Stock Option Activity (millions of shares and Canadian dollars) 2020 2019 2018 Number Weighted- Number Weighted- Number Weighted- Number outstanding, beginning of year 12.8 $ 57.35 13.1 $ 53.12 14.3 $ 48.17 Granted 2.1 72.84 2.2 69.39 1.9 72.64 Exercised (1.5 ) 43.60 (2.3 ) 44.07 (3.0 ) 41.21 Forfeited/expired (0.3 ) 65.99 (0.2 ) 66.59 (0.1 ) 60.46 Number outstanding, end of year 13.1 $ 61.27 12.8 $ 57.35 13.1 $ 53.12 Exercisable, end of year 5.4 $ 48.50 4.7 $ 44.77 4.7 $ 40.61 The weighted-average share price for the options exercised in 2020 was $70.21 (2019 – $74.15; 2018 – $74.99). The following table summarizes information relating to stock options outstanding and exercisable as at October 31, 2020. Range of Exercise Prices (millions of shares and Canadian dollars) Options outstanding Options exercisable Number Weighted- Weighted- Number Weighted- $36.63 – $36.64 0.5 1.0 36.63 0.5 36.63 $40.54 – $47.59 1.8 2.5 44.27 1.8 44.27 $52.46 – $53.15 3.1 4.6 52.87 3.1 52.87 $65.75 – $69.39 3.9 7.1 67.66 – – $72.64 – $72.84 3.8 8.1 72.75 – – For the year ended October 31, 2020, the Bank recognized compensation expense for stock option awards of $11.2 million (October 31, 2019 – $11.1 million; October 31, 2018 – $11.5 million). For the year ended October 31, 2020, 2.1 million (October 31, 2019 – 2.2 million; October 31, 2018 – 1.9 million) options were granted by the Bank at a weighted-average fair value of $5.55 per option (2019 – $5.64 per option; 2018 – $6.28 per option). The following table summarizes the assumptions used for estimating the fair value of options for the years ended October 31, 2020, October 31, 2019, and October 31, 2018. Assumptions Used for Estimating the Fair Value of Options (in Canadian dollars, except as noted) 2020 2019 2018 Risk-free interest rate 1.59 % 2.03 % 1.71 % Expected option life 6.3 years 6.3 years 6.3 years Expected volatility 1 12.90 % 12.64 % 13.91 % Expected dividend yield 3.50 % 3.48 % 3.50 % Exercise price/share price $ 72.84 $ 69.39 $ 72.64 1 Expected volatility is calculated based on the average daily volatility measured over a historical period corresponding to the expected option life. OTHER SHARE-BASED COMPENSATION PLANS The Bank operates restricted share unit and performance share unit plans which are offered to certain employees of the Bank. Under these plans, participants are awarded share units equivalent to the Bank’s common shares that generally vest over three years. During the vesting period, dividend equivalents accrue to the participants in the form of additional share units. At the maturity date, the participant receives cash representing the value of the share units. The final number of performance share units will typically vary from 80% to 120% of the number of units outstanding at maturity (consisting of initial units awarded plus additional units in lieu of dividends) based on the Bank’s total shareholder return relative to the average of a peer group of large financial institutions. The number of such share units outstanding under these plans as at October 31, 2020 was 22 million (2019 – 22 million). The Bank also offers deferred share unit plans to eligible employees and non-employee directors. Under these plans, a portion of the participant’s annual incentive award may be deferred, or in the case of non-employee directors, a portion of their annual compensation may be delivered as share units equivalent to the Bank’s common shares. The deferred share units are not redeemable by the participant until termination of employment or directorship. Once these conditions are met, the deferred share units must be redeemed for cash no later than the end of the next calendar year. Dividend equivalents accrue to the participants in the form of additional units. As at October 31, 2020, 6.8 million deferred share units were outstanding (October 31, 2019 – 6.6 million). Compensation expense for these plans is recorded in the year the incentive award is earned by the plan participant. Changes in the value of these plans are recorded, net of the effects of related hedges, on the Consolidated Statement of Income. For the year ended October 31, 2020, the Bank recognized compensation expense, net of the effects of hedges, for these plans of $500 million (2019 – $546 million; 2018 – $509 million). The compensation expense recognized before the effects of hedges was $206 million (2019 – $662 million; 2018 – $607 million). The carrying amount of the liability relating to these plans, based on the closing share price, was $1.5 billion at October 31, 2020 (October 31, 2019 – $2.0 billion), and is reported in Other liabilities on the Consolidated Balance Sheet. EMPLOYEE OWNERSHIP PLAN The Bank also operates a share purchase plan available to Canadian employees. Employees can contribute any amount of their eligible earnings (net of source deductions), subject to an annual cap of 10% of salary to the Employee Ownership Plan. For participating employees below the level of Vice President, the Bank matches 100% of the first $250 of employee contributions each year and the remainder of employee contributions at 50% to an overall maximum of 3.5% of the employee’s eligible earnings or $2,250, whichever comes first. The Bank’s contributions vest once an employee has completed two years of continuous service with the Bank. For the year ended October 31, 2020, the Bank’s contributions totalled $82 million (2019 – $74 million; 2018 – $72 million) and were expensed as salaries and employee benefits. As at October 31, 2020, an aggregate of 22 million common shares were held under the Employee Ownership Plan (October 31, 2019 – 20 million). The shares in the Employee Ownership Plan are purchased in the open market and are considered outstanding for computing the Bank’s basic and diluted earnings per share. Dividends earned on the Bank’s common shares held by the Employee Ownership Plan are used to purchase additional common shares for the Employee Ownership Plan in the open market.

Employee Benefits

Employee Benefits	12 Months Ended
	Oct. 31, 2020
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Employee Benefits	PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS The Bank’s principal defined benefit pension plans, consisting of The Pension Fund Society of The Toronto-Dominion Bank (the “Society”) and the defined benefit portion of the TD Pension Plan (Canada) (the “TDPP DB”), are for Canadian Bank employees. The Society was closed to new members on January 30, 2009, and the TDPP DB commenced on March 1, 2009. Effective December 31, 2018, the TDPP DB was closed to new employees hired after that date. All new permanent employees hired in Canada on or after January 1, 2019 are eligible to join the defined contribution portion of the TDPP (the “TDPP DC”) after one year of service. Benefits under the principal defined benefit pension plans are determined based upon the period of plan participation and the average salary of the member in the best consecutive five years in the last ten years of combined plan membership. Benefits under the TDPP DC are funded from the balance of the accumulated contributions of the member and the Bank plus the member’s investment earnings. Funding for the Bank’s principal defined benefit pension plans is provided by contributions from the Bank and members of the plans. In accordance with legislation, the Bank contributes amounts, as determined on an actuarial basis, to the plans and has the ultimate responsibility for ensuring that the liabilities of the plans are adequately funded over time. The Bank’s contributions to the principal defined benefit pension plans during 2020 were $463 million (2019 – $352 million). The 2020 and 2019 contributions were made in accordance with the actuarial valuation reports for funding purposes as at October 31, 2019 and October 31, 2018, respectively. Valuations for funding purposes are being prepared as of October 31, 2020. Annual expense for the TDPP DC is equal to the Bank’s contributions to the plan. The Bank also provides certain post-retirement benefits, which are generally unfunded. Post-retirement defined benefit plans, where offered, generally include health care and dental benefits or an annual discount amount to be used to reduce the cost of coverage. Employees must meet certain age and service requirements to be eligible for post-retirement benefits and are generally required to pay a portion of the cost of the benefits. Effective June 1, 2017, the Bank’s principal post-retirement defined benefit plan was closed to new employees hired on or after that date. INVESTMENT STRATEGY AND ASSET ALLOCATION The principal defined benefit plans are expected to each achieve a rate of return that meets or exceeds the change in value of the plan’s respective liabilities over rolling five-year periods. The investments are managed with the primary objective of providing reasonable rates of return, consistent with available market opportunities, consideration of plan liabilities, prudent portfolio management, and the target risk profiles for the plans. The investment policies for the principal defined benefit pension plans generally do not apply to the Pension Enhancement Account (PEA) assets, which are invested at the members’ discretion in certain mutual and pooled funds. The asset allocations by asset category for the principal defined benefit pension plans are as follows: Plan Asset Allocation 1 (millions of Canadian dollars except as noted) Society 2 TDPP 2 Target range % of total Fair value Target range % of total Fair value As at October 31, 2020 Quoted Unquoted Quoted Unquoted Debt 30-70 % 55 % $ – $ 3,670 25-50 % 40 % $ – $ 940 Equity 24-55 31 685 1,402 30-70 47 344 756 Alternative investments 3 6-35 14 – 899 5-35 13 – 301 Other 4 n/a n/a – (685 ) n/a n/a – (72 ) Total 100 % $ 685 $ 5,286 100 % $ 344 $ 1,925 As at October 31, 2019 Debt 40-70 % 55 % $ – $ 3,374 25-50 % 34 % $ – $ 634 Equity 24-42 32 1,002 976 30-70 54 368 639 Alternative investments 3 6-35 13 – 760 5-35 12 – 229 Other 4 n/a n/a – (276 ) n/a n/a – 111 Total 100 % $ 1,002 $ 4,834 100 % $ 368 $ 1,613 As at October 31, 2018 Debt 40-70 % 55 % $ – $ 2,885 25-50 % 34 % $ – $ 497 Equity 24-42 34 897 869 30-65 58 283 583 Alternative investments 3 6-35 11 – 551 3-25 8 – 122 Other 4 n/a n/a – (107 ) n/a n/a – 63 Total 100 % $ 897 $ 4,198 100 % $ 283 $ 1,265 1 Certain comparative amounts have been reclassified to conform with the presentation adopted in the current year. 2 The principal defined benefit pension plans invest in investment vehicles which may hold shares or debt issued by the Bank. 3 The principal defined benefit pension plans’ alternative investments are primarily private equity, infrastructure, and real estate funds. 4 Consists mainly of amounts due to and due from brokers for securities traded but not yet settled, PEA assets, and interest and dividends receivable. Public debt instruments of the Bank’s principal defined benefit pension plans must meet or exceed a credit rating of BBB- at the time of purchase. The equity portfolios of the principal defined benefit pension plans are broadly diversified primarily across medium to large capitalization quality companies with no individual holding exceeding 10% of the equity portfolio. Foreign equities are included to further diversify the portfolio. Derivatives can be utilized in the principal defined benefit pension plans provided they are not used to create financial leverage, unless the financial leverage is for risk management purposes. They are permitted to invest in alternative investments, such as private equity, infrastructure equity, and real estate. RISK MANAGEMENT PRACTICES The Bank’s principal defined benefit pension plans are overseen by a single retirement governance structure established by the Human Resources Committee of the Bank’s Board of Directors. The governance structure utilizes retirement governance committees who have responsibility to oversee plan operations and investments, acting in a fiduciary capacity. Strategic, material plan changes require the approval of the Bank’s Board of Directors. The principal defined benefit pension plans’ investments include financial instruments which are exposed to various risks. These risks include market risk (including foreign currency, interest rate, inflation, price, credit spread risks), credit risk, and liquidity risk. Key material risks faced by defined benefit plans are a decline in interest rates or credit spreads, which could increase the defined benefit obligation by more than the change in the value of plan assets, and from longevity risk (that is, lower mortality rates). Asset-liability matching strategies focus on obtaining an appropriate balance between earning an adequate return and having changes in liability values hedged by changes in asset values. The principal defined benefit pension plans manage these financial risks in accordance with the Pension Benefits Standards Act, 1985 OTHER PENSION AND POST-RETIREMENT BENEFIT PLANS CT Pension Plan As a result of the acquisition of CT Financial Services Inc. (CT), the Bank sponsors a defined benefit pension plan, which is closed to new members, but for which active members continue to accrue benefits. Funding for the plan is provided by contributions from the Bank and members of the plan. TD Bank, N.A. Retirement Plans TD Bank, N.A. and its subsidiaries maintain a defined contribution 401(k) plan covering all employees. Annual expense is equal to the Bank’s contributions to the plan. TD Bank, N.A. also has frozen defined benefit pension and post-retirement benefit plans covering certain legacy TD Banknorth and TD Auto Finance (legacy Chrysler Financial) employees. TD Bank, N.A. also has closed post-retirement benefit plans, which include limited medical coverage and life insurance benefits, covering certain groups of employees from legacy organizations. Supplemental Employee Pension Plans Supplemental employee pension plans for eligible employees are not funded by the Bank. Government Pension Plans The Bank also makes contributions to government pension plans, including the Canada Pension Plan, Quebec Pension Plan and U.S. Federal Insurance Contribution Act. The following table presents the financial position of the Bank’s principal defined benefit pension and post-retirement benefit plans and the Bank’s significant other defined benefit pension and post-retirement benefit plans. Other employee defined benefit plans operated by the Bank and certain of its subsidiaries are not considered material for disclosure purposes. Employee Defined Benefit Plans’ Obligations, Assets and Funded Status (millions of Canadian dollars, except as noted) Principal pension plans Principal post-retirement 1 Other pension and post-retirement benefit plans 2 2020 2019 2018 2020 2019 2018 2020 2019 2018 Change in projected benefit obligation Projected benefit obligation at beginning of year $ 8,558 $ 6,539 $ 7,082 $ 620 $ 535 $ 558 $ 2,948 $ 2,569 $ 2,750 Obligations included due to The Retirement Benefit Plan merger 3 – – 6 – – – – – – Service cost – benefits earned 467 326 407 17 14 15 9 9 10 Interest cost on projected benefit obligation 236 240 217 17 20 18 80 106 96 Remeasurement (gain) loss – financial 617 1,565 (969 ) (101 ) 92 (42 ) 128 430 (190 ) Remeasurement (gain) loss – demographic – – – (44 ) (26 ) – (80 ) 2 (8 ) Remeasurement (gain) loss – experience 56 83 22 9 – 2 9 6 14 Members’ contributions 107 107 104 – – – – – – Benefits paid (373 ) (303 ) (330 ) (12 ) (15 ) (16 ) (144 ) (143 ) (137 ) Change in foreign currency exchange rate – – – – – – 20 (1 ) 31 Past service cost (credit) 4 – 1 – – – – (3 ) (30 ) 3 Projected benefit obligation as at October 31 9,668 8,558 6,539 506 620 535 2,967 2,948 2,569 Change in plan assets Plan assets at fair value at beginning of year 7,817 6,643 6,536 – – – 1,959 1,733 1,855 Assets included due to The Retirement Benefit Plan merger 3 – – 10 – – – – – – Interest income on plan assets 221 253 209 – – – 52 73 66 Remeasurement gain (loss) – return on plan assets less interest income 15 773 (231 ) – – – 96 205 (109 ) Members’ contributions 107 107 104 – – – – – – Employer’s contributions 463 352 355 12 15 16 72 96 37 Benefits paid (373 ) (303 ) (330 ) (12 ) (15 ) (16 ) (144 ) (143 ) (137 ) Change in foreign currency exchange rate – – – – – – 18 (1 ) 27 Defined benefit administrative expenses (10 ) (8 ) (10 ) – – – (7 ) (4 ) (6 ) Plan assets at fair value as at October 31 8,240 7,817 6,643 – – – 2,046 1,959 1,733 Excess (deficit) of plan assets at fair value over projected benefit obligation (1,428 ) (741 ) 104 (506 ) (620 ) (535 ) (921 ) (989 ) (836 ) Effect of asset limitation and minimum funding requirement – – – – – – (14 ) (13 ) (13 ) Net defined benefit asset (liability) (1,428 ) (741 ) 104 (506 ) (620 ) (535 ) (935 ) (1,002 ) (849 ) Annual expense Net employee benefits expense includes the following: Service cost – benefits earned 467 326 407 17 14 15 9 9 10 Net interest cost (income) on net defined benefit liability (asset) 15 (13 ) 8 17 20 18 28 33 30 Past service cost (credit) 4 – 1 – – – – (3 ) (30 ) 3 Defined benefit administrative expenses 10 10 10 – – – 5 6 4 Total expense $ 492 $ 324 $ 425 $ 34 $ 34 $ 33 $ 39 $ 18 $ 47 Actuarial assumptions used to determine the annual expense Weighted-average discount rate for projected benefit obligation 3.08 % 4.10 % 3.60 % 3.07 % 4.10 % 3.60 % 3.12 % 4.37 % 3.74 % Weighted-average rate of compensation increase 2.57 2.54 2.54 3.00 3.00 3.00 1.00 1.03 1.16 Actuarial assumptions used to determine the projected benefit obligation as at October 31 Weighted-average discount rate for projected benefit obligation 2.85 % 3.08 % 4.10 % 2.76 % 3.07 % 4.10 % 2.74 % 3.12 % 4.37 % Weighted-average rate of compensation increase 2.53 2.57 2.54 3.00 3.00 3.00 1.03 1.00 1.03 1 The rate of increase for health care costs for the next year used to measure the expected cost of benefits covered for the principal post-retirement defined benefit plan is 3.26%. The rate is assumed to decrease gradually to 1.06% by the year 2040 and remain at that level thereafter (2019 – 4.18% grading to 2.42% by the year 2040 and remain at that level thereafter). 2 Includes CT defined benefit pension plan, TD Banknorth defined benefit pension plan, TD Auto Finance defined benefit pension and post-retirement benefit plans, and supplemental employee defined benefit pension plans. The TD Banknorth defined benefit pension plan was frozen as of December 31, 2008, and no service credits can be earned after that date. Certain TD Auto Finance defined benefit pension plans were frozen as of April 1, 2012, and no service credits can be earned after March 31, 2012. 3 During 2018, The Retirement Benefit Plan of The Toronto-Dominion Bank (the “RBP”) was deemed to be merged with the Society and previously undisclosed obligations and assets of the RBP are now included in fiscal 2018. 4 Includes a gain of $33 million related to the TD Auto Finance post-retirement benefit plan that was amended during fiscal 2019. During the year ended October 31, 2021, the Bank expects to contribute $550 million to its principal defined benefit pension plans, $18 million to its principal post-retirement defined benefit plan, and $42 million to its other defined benefit pension and post-retirement benefit plans. Future contribution amounts may change upon the Bank’s review of its contribution levels during the year. The following table summarizes expenses for the Bank’s defined contribution plans. Defined Contribution Plan Expenses (millions of Canadian dollars) For the years ended October 31 October 31 October 31 Defined contribution pension plans 1 $ 169 $ 150 $ 136 Government pension plans 2 347 324 293 Total $ 516 $ 474 $ 429 1 Includes defined contribution portion of the TD Pension Plan (Canada) and TD Bank, N.A. defined contribution 401(k) plan. 2 Includes Canada Pension Plan, Quebec Pension Plan, and U.S. Federal Insurance Contributions Act Assumptions related to future mortality which have been used to determine the defined benefit obligation and net benefit cost are as follows: Assumed Life Expectancy at Age 65 (number of years) Principal pension Principal post-retirement Other pension and post-retirement As at October 31 2020 2019 2018 2020 2019 2018 2020 2019 2018 Male aged 65 at measurement date 23.4 23.4 23.3 23.4 23.4 23.3 21.5 22.1 22.1 Female aged 65 at measurement date 24.2 24.1 24.1 24.2 24.1 24.1 23.1 23.7 23.7 Male aged 45 at measurement date 24.4 24.3 24.3 24.4 24.3 24.3 22.2 22.7 22.7 Female aged 45 at measurement date 25.1 25.1 25.0 25.1 25.1 25.0 23.9 24.5 24.5 The weighted-average duration of the defined benefit obligation for the Bank’s principal defined benefit pension plans, principal post-retirement defined benefit plan, and other defined benefit pension and post-retirement benefit plans at the end of the reporting period are 16 years (2019 – 16 years, 2018 – 15 years), 15 years (2019 – 18 years, 2018 – 17 years), and 13 years (2019 – 13 years, 2018 – 12 years), respectively. The following table provides the sensitivity of the projected benefit obligation for the Bank’s principal defined benefit pension plans, the principal post-retirement defined benefit plan, and the Bank’s significant other defined benefit pension and post-retirement benefit plans to actuarial assumptions considered significant by the Bank. These include discount rate, life expectancy, rates of compensation increase, and health care cost initial trend rates, as applicable. For each sensitivity test, the impact of a reasonably possible change in a single factor is shown with other assumptions left unchanged. Sensitivity of Significant Defined Benefit Plan Actuarial Assumptions (millions of Canadian dollars, except as noted) As at October 31, 2020 Obligation Increase (Decrease) Principal Principal Other pension Impact of an absolute change in significant actuarial assumptions Discount rate 1% decrease in assumption $ 1,718 $ 81 $ 391 1% increase in assumption (1,314 ) (65 ) (322) Rates of compensation increase 1% decrease in assumption (345 ) n/a – 1 1% increase in assumption 333 n/a – 1 Life expectancy 1 year decrease in assumption (203 ) (16 ) (99 ) 1 year increase in assumption 200 16 99 Health care cost initial trend rate 1% decrease in assumption n/a (13 ) n/a 1% increase in assumption n/a 15 n/a 1 An absolute change in this assumption is immaterial. The Bank recognized the following amounts on the Consolidated Balance Sheet. Amounts Recognized in the Consolidated Balance Sheet (millions of Canadian dollars) As at October 31 October 31 October 31 Other assets Principal defined benefit pension plans $ – $ – $ 104 Other defined benefit pension and post-retirement benefit plans 3 6 3 Other employee benefit plans 1 6 7 6 Total other assets 9 13 113 Other liabilities Principal defined benefit pension plans 1,428 741 – Principal post-retirement defined benefit plan 506 620 535 Other defined benefit pension and post-retirement benefit plans 938 1,008 852 Other employee benefit plans 1 430 412 360 Total other liabilities 3,302 2,781 1,747 Net amount recognized $ (3,293 ) $ (2,768 ) $ (1,634 ) 1 Consists of other pension and other post-retirement benefit plans operated by the Bank and its subsidiaries that are not considered material for disclosure purposes. The Bank recognized the following amounts in the Consolidated Statement of Other Comprehensive Income. Amounts Recognized in the Consolidated Statement of Other Comprehensive Income 1 (millions of Canadian dollars) For the years ended October 31 October 31 October 31 Actuarial gains (losses) recognized in Other Comprehensive Income Principal defined benefit pension plans $ (658 ) $ (873 ) $ 720 Principal post-retirement defined benefit plan 136 (66 ) 40 Other defined benefit pension and post-retirement benefit plans 36 (231 ) 60 Other employee benefit plans 2 (44 ) (75 ) 45 Total actuarial gains (losses) recognized in Other Comprehensive Income $ (530 ) $ (1,245 ) $ 865 1 Amounts are presented on pre-tax basis. 2 Consists of other pension and other post-retirement benefit plans operated by the Bank and its subsidiaries that are not considered material for disclosure purposes.

Income Taxes

Income Taxes	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Income Taxes	The provision for (recovery of) income taxes is comprised of the following: Provision for (Recovery of) Income Taxes (millions of Canadian dollars) For the years ended October 31 2020 2019 2018 Provision for income taxes – Consolidated Statement of Income Current income taxes Provision for (recovery of) income taxes for the current period $ 2,287 $ 2,675 $ 2,873 Adjustments in respect of prior years and other (70 ) 93 (76 ) Total current income taxes 2,217 2,768 2,797 Deferred income taxes Provision for (recovery of) deferred income taxes related to the origination and reversal of temporary differences (1,075 ) 54 76 Effect of changes in tax rates (1 ) 10 302 Adjustments in respect of prior years and other 11 (97 ) 7 Total deferred income taxes (1,065 ) (33 ) 385 Total provision for income taxes – Consolidated Statement of Income 1,152 2,735 3,182 Provision for (recovery of) income taxes – Statement of Other Comprehensive Income Current income taxes 406 37 (48 ) Deferred income taxes 705 1,070 (701 ) 1,111 1,107 (749 ) Income taxes – other non-income related items including business combinations and other adjustments Current income taxes (30 ) (7 ) (3 ) Deferred income taxes (194 ) (6 ) (2 ) (224 ) (13 ) (5 ) Total provision for (recovery of) income taxes 2,039 3,829 2,428 Current income taxes Federal 1,170 1,256 1,491 Provincial 818 891 1,055 Foreign 605 651 200 2,593 2,798 2,746 Deferred income taxes Federal (143 ) 127 (244 ) Provincial (96 ) 87 (160 ) Foreign (315 ) 817 86 (554 ) 1,031 (318 ) Total provision for (recovery of) income taxes $ 2,039 $ 3,829 $ 2,428 On December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act The reduction of the U.S. federal corporate tax rate enacted by the U.S. Tax Act resulted in an adjustment during 2018 to the Bank’s U.S. deferred tax assets and liabilities to the lower base rate of 21%. The impact for the year ended October 31, 2018 was a reduction in the value of the Bank’s net deferred tax assets resulting in a $366 million income tax expense recorded in the Provision for (recovery of) income taxes on the Consolidated Statement of Income, a $22 million deferred income tax benefit recorded in other comprehensive income and a $12 million deferred income tax expense recorded in retained earnings. The impact of the U.S. Tax Act on the Bank’s statutory and effective tax rate is outlined in the following table as part of the Rate differentials on international operations. The Bank’s statutory and effective tax rate is outlined in the following table. Reconciliation to Statutory Income Tax Rate (millions of Canadian dollars, except as noted) 2020 2019 2018 Income taxes at Canadian statutory income tax rate $ 3,141 26.4 % $ 3,502 26.5 % $ 3,648 26.5 % Increase (decrease) resulting from: Dividends received (120 ) (1.0 ) (104 ) (0.8 ) (142 ) (1.0) Rate differentials on international operations 1 (1,927 ) (16.2 ) (728 ) (5.5 ) (343 ) (2.5) Other – net 58 0.5 65 0.5 19 0.1 Provision for income taxes and effective income tax rate $ 1,152 9.7 % $ 2,735 20.7 % $ 3,182 23.1 % 1 Reflects the impact of the sale of the Bank’s investment in TD Ameritrade, including the non-taxable revaluation gain, the release of non-taxable cumulative currency translation gains from AOCI, and the release of a deferred tax liability. The Canada Revenue Agency (CRA), Revenu Québec Agency (RQA) and Alberta Tax and Revenue Administration (ATRA) are denying certain dividend deductions claimed by the Bank. During the year ended October 31, 2020, the CRA reassessed the Bank for $239 million of additional income tax and interest in respect of its 2015 taxation year, the RQA reassessed the Bank for $20 million of additional income tax and interest for the years 2011 to 2014, and the ATRA reassessed the Bank for $18 million of additional income tax and interest in respect of its 2014 taxation year. To date, the CRA has reassessed the Bank for $1,032 million of income tax and interest for the years 2011 to 2015, the RQA has reassessed the Bank for $26 million for the years 2011 to 2014, and the ATRA has reassessed the Bank for $33 million for the years 2011 to 2014. In total, the Bank has been reassessed for $1,091 million of income tax and interest. The Bank expects the CRA, RQA, and ATRA to reassess open years on the same basis. The Bank is of the view that its tax filing positions were appropriate and intends to challenge all reassessments. Deferred tax assets and liabilities comprise of the following: Deferred Tax Assets and Liabilities (millions of Canadian dollars) As at October 31 October 31 Deferred tax assets Allowance for credit losses $ 1,705 $ 965 Trading loans 43 50 Employee benefits 834 844 Pensions 516 344 Losses available for carry forward 96 95 Tax credits 133 228 Land, buildings, equipment, and other depreciable assets 111 – Intangibles 87 – Other 236 88 Total deferred tax assets 3,761 2,614 Deferred tax liabilities Securities 1,404 527 Land, buildings, equipment, and other depreciable assets – 242 Deferred (income) expense 73 91 Intangibles – 40 Goodwill 124 108 Total deferred tax liabilities 1,601 1,008 Net deferred tax assets 2,160 1,606 Reflected on the Consolidated Balance Sheet as follows: Deferred tax assets 2,444 1,799 Deferred tax liabilities 1 284 193 Net deferred tax assets $ 2,160 $ 1,606 1 Included in Other liabilities on the Consolidated Balance Sheet. The amount of temporary differences, unused tax losses, and unused tax credits for which no deferred tax asset is recognized on the Consolidated Balance Sheet was $669 million as at October 31, 2020 (October 31, 2019 – $461 million), of which $5 million (October 31, 2019 – $3 million) is scheduled to expire within five years. Certain taxable temporary differences associated with the Bank’s investments in subsidiaries, branches and associates, and interests in joint ventures did not result in the recognition of deferred tax liabilities as at October 31, 2020. The total amount of these temporary differences was $81 billion as at October 31, 2020 (October 31, 2019 – $71 billion). The movement in the net deferred tax asset for the years ended October 31 was as follows: Deferred Income Tax Expense (Recovery) (millions of Canadian dollars) 2020 2019 Consolidated Other Business Total Consolidated Other Business Total Deferred income tax expense (recovery) Allowance for credit losses $ (740 ) $ – $ – $ (740 ) $ (120 ) $ – $ – $ (120 ) Trading loans 7 – – 7 4 – – 4 Employee benefits (23 ) 33 – 10 (87 ) (18 ) – (105 ) Pensions (1 ) (171 ) – (172 ) 19 (303 ) – (284 ) Losses available for carry forward (1 ) – – (1 ) (1 ) – – (1 ) Tax credits 95 – – 95 98 – – 98 Land, buildings, equipment, and other depreciable assets (159 ) – (194 ) (353 ) 19 – – 19 Intangibles (127 ) – – (127 ) (123 ) – – (123 ) Other deferred tax assets (148 ) – – (148 ) 7 – (4 ) 3 Securities 34 843 – 877 56 1,391 – 1,447 Deferred (income) expense (18 ) – – (18 ) 79 – – 79 Goodwill 16 – – 16 16 – (2 ) 14 Total deferred income tax expense (recovery) $ (1,065 ) $ 705 $ (194 ) $ (554 ) $ (33 ) $ 1,070 $ (6 ) $ 1,031

Earnings Per Share

Earnings Per Share	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Earnings Per Share	NOTE 26: EARNINGS PER SHARE Basic earnings per share is calculated by dividing net income attributable to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted earnings per share is calculated using the same method as basic earnings per share except that certain adjustments are made to net income attributable to common shareholders and the weighted-average number of shares outstanding for the effects of all dilutive potential common shares that are assumed to be issued by the Bank. The following table presents the Bank’s basic and diluted earnings per share for the years ended October 31, 2020, October 31, 2019, and October 31, 2018. Basic and Diluted Earnings Per Share (millions of Canadian dollars, except as noted) For the years ended October 31 2020 2019 2018 Basic earnings per share Net income attributable to common shareholders $ 11,628 $ 11,416 $ 11,048 Weighted-average number of common shares outstanding (millions) 1,807.3 1,824.2 1,835.4 Basic earnings per share $ 6.43 $ 6.26 $ 6.02 Diluted earnings per share Net income attributable to common shareholders $ 11,628 $ 11,416 $ 11,048 Net income available to common shareholders including impact of dilutive securities 11,628 11,416 11,048 Weighted-average number of common shares outstanding (millions) 1,807.3 1,824.2 1,835.4 Effect of dilutive securities Stock options potentially exercisable (millions) 1 1.5 3.1 4.1 Weighted-average number of common shares outstanding – diluted (millions) 1,808.8 1,827.3 1,839.5 Diluted earnings per share 1 $ 6.43 $ 6.25 $ 6.01 1 For the year ended October 31, 2020, the computation of diluted earnings per share excluded average options outstanding of 7.5 million with a weighted-average exercise price of $70.04, as the option price was greater than the average market price of the Bank’s common shares. For the years ended October 31, 2019 and October 31, 2018, no outstanding options were excluded from the computation of diluted earnings per share.

Provisions, Contingent Liabilit

Provisions, Contingent Liabilities, Commitments, Guarantees, Pledged Assets, and Collateral	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Provisions, Contingent Liabilities, Commitments, Guarantees, Pledged Assets, and Collateral	NOTE 27: PROVISIONS, CONTINGENT LIABILITIES, COMMITMENTS, GUARANTEES, PLEDGED ASSETS, AND COLLATERAL PROVISIONS The following table summarizes the Bank’s provisions. Provisions (millions of Canadian dollars) Restructuring Litigation and 1 Total Balance as at October 31, 2019 $ 241 $ 269 $ 510 Impact on adoption of IFRS 16 2 (75 ) – (75 ) Balance as at November 1, 2019 166 269 435 Additions – 332 332 Amounts used (70 ) (194 ) (264 ) Release of unused amounts (16 ) (33 ) (49 ) Foreign currency translation adjustments and other 10 18 28 Balance as at October 31, 2020, before allowance for credit losses for off-balance sheet instruments $ 90 $ 392 $ 482 Add: Allowance for credit losses for off-balance sheet instruments 3 1,087 Balance as at October 31, 2020 $ 1,569 1 Includes onerous contracts for non-lease payments including taxes and estimated operating expenses which are included in Occupancy, including depreciation on the Consolidated Statement of Income. 2 Upon adoption of IFRS 16, provisions for onerous lease contracts were adjusted against the ROU assets. Refer to Notes 4 and 15 for further details. 3 Refer to Note 8 for further details. LEGAL AND REGULATORY MATTERS LITIGATION In the ordinary course of business, the Bank and its subsidiaries are involved in various legal and regulatory actions including but not limited to civil claims and lawsuits, regulatory examinations, investigations, audits and requests for information by various governmental regulatory agencies and law enforcement authorities in various jurisdictions. The Bank establishes provisions when it becomes probable that the Bank will incur a loss and the amount can be reliably estimated. The Bank also estimates the aggregate range of reasonably possible losses (RPL) in its legal and regulatory actions (that is, those which are neither probable nor remote), in excess of provisions. As at October 31, 2020, the Bank’s RPL is from zero to approximately $951 million (October 31, 2019 – from zero to approximately $606 million). The Bank’s provisions and RPL represent the Bank’s best estimates based upon currently available information for actions for which estimates can be made, but there are a number of factors that could cause the Bank’s provisions and/or RPL to be significantly different from its actual or RPL. For example, the Bank’s estimates involve significant judgment due to the varying stages of the proceedings, the existence of multiple defendants in many proceedings whose share of liability has yet to be determined, the numerous yet-unresolved issues in many of the proceedings, some of which are beyond the Bank’s control and/or involve novel legal theories and interpretations, the attendant uncertainty of the various potential outcomes of such proceedings, and the fact that the underlying matters will change from time to time. In addition, some actions seek very large or indeterminate damages. In management’s opinion, based on its current knowledge and after consultation with counsel, the ultimate disposition of these actions, individually or in the aggregate, will not have a material adverse effect on the consolidated financial condition or the consolidated cash flows of the Bank. However, because of the factors listed above, as well as other uncertainties inherent in litigation and regulatory matters, there is a possibility that the ultimate resolution of legal or regulatory actions may be material to the Bank’s consolidated results of operations for any particular reporting period. Stanford Litigation The Official Stanford Investors Committee (OSIC), a court-approved committee representing investors, received permission to intervene in the lawsuit and has brought similar claims against all the bank defendants. The court denied in part and granted in part the Bank’s motion to dismiss the lawsuit on April 21, 2015. The court also entered a class certification scheduling order requiring the parties to conduct discovery and submit briefing regarding class certification. The class certification motion was fully submitted on October 26, 2015. The class plaintiffs filed an amended complaint asserting certain additional state law claims against the Bank on June 23, 2015. The Bank’s motion to dismiss the newly amended complaint in its entirety was fully submitted on August 18, 2015. On April 22, 2016, the Bank filed a motion to reconsider the court’s April 2015 dismissal decision with respect to certain claims by OSIC under the Texas Uniform Fraudulent Transfer Act based on an intervening change in the law announced by the Texas Supreme Court on April 1, 2016. On July 28, 2016, the court issued a decision denying defendants’ motions to dismiss the class plaintiffs’ complaint and to reconsider with respect to OSIC’s complaint. The Bank filed its answer to the class plaintiffs’ complaint on August 26, 2016. OSIC filed an amended intervenor complaint against the Bank on November 4, 2016 and the Bank filed its answer to this amended complaint on December 19, 2016. On November 7, 2017, the Court issued a decision denying the class certification motion. The court found that the plaintiffs failed to show that common issues of fact would predominate given the varying sales presentations they allegedly received. On November 21, 2017, the class plaintiffs filed a Rule 23(f) petition seeking permission to appeal the District Court’s denial of class certification to the United States Court of Appeals for the Fifth Circuit. The Bank filed an opposition to the class plaintiffs’ petition on December 4, 2017. The Fifth Circuit denied the class plaintiffs’ petition on April 20, 2018. On February 28, 2019, the Bank, along with the other bank defendants, filed a motion for judgment on the pleadings in OSIC’s case seeking dismissal of three claims (aiding and abetting fraud, aiding and abetting conversion, and aiding and abetting breach of fiduciary duty). The motion was fully briefed as of April 4, 2019. On September 10, 2019, OSIC filed a motion for leave to amend its intervenor complaints against the Bank and the other bank defendants to insert additional factual allegations. The motion was fully briefed as of October 15, 2019. On June 15, 2020, the Northern District of Texas (N.D. Tex.) court granted OSIC’s motion for leave to amend its intervenor complaints against the Bank and the other bank defendants, and OSIC’s Second Amended Intervenor Complaint against the Bank and certain other bank defendants was filed on that same date. On July 10, 2020, the N.D. Tex. court so-ordered the parties’ agreed motion extending the Bank’s time to respond to the Second Amended Intervenor Complaint until July 31, 2020. On July 31, 2020, the Bank filed its answer to the Second Amended Intervenor Complaint. On July 7, 2020, the Bank, along with the other defendants, requested to withdraw the motion for judgment on the pleadings, and the court issued an order finding the motion moot on August 14, 2020. On May 3, 2019, two groups of plaintiffs comprising more than 950 investors in certificates of deposit issued by SIBL, and those who purchased one or more of such investors’ claims, filed motions to intervene in OSIC’s case against the Bank and the other bank defendants. On September 18, 2019, the Court denied the motions to intervene. On October 14, 2019, one group of plaintiffs (comprising 147 investors) filed a notice of appeal to the Fifth Circuit, and briefing was complete on the appeal as of April 8, 2020. On October 7, 2020, the Fifth Circuit heard oral argument on the appeal. Discovery against the bank defendants is ongoing, and the Court has set a ready-for-trial date of May 6, 2021. On November 1, 2019, a second group of plaintiffs (comprising 1,286 investors) filed a petition in Texas state court against the Bank and other bank defendants alleging claims similar to those alleged in the Rotstain v. Trustmark National Bank, et al. action. On November 26, 2019, the U.S. Receiver for the Stanford Receivership Estate filed a motion to enjoin the Texas state court action in the United States District Court for the N.D. Tex. On January 15, 2020, the Court granted the U.S. Receiver’s motion to enjoin the Texas state court action. On February 26, 2020, another defendant bank removed the Texas state court action to the United States District Court for the Southern District of Texas (S.D. Tex.). On April 13, 2020, the removing bank defendant and plaintiffs requested that the S.D. Tex. court stay the action for an initial period of 120 days. On April 20, 2020, the S.D. Tex. court stayed all case deadlines until August 14, 2020. On July 14, 2020, the removing bank defendant and plaintiffs requested that the S.D. Tex. court extend the stay of the action for an additional period of 90 days. On July 19, 2020, the S.D. Tex. court extended the stay until November 14, 2020. On October 30, 2020, the removing bank defendant and plaintiffs requested that the S.D. Tex. court extend the stay of the action for an additional period of 60 days. The Bank is also a defendant in two cases filed in the Ontario Superior Court of Justice: (1) Wide & Dickson v. The Toronto-Dominion Bank Dynasty Furniture Manufacturing Ltd., et al. v. The Toronto Dominion Bank Overdraft Litigation These actions were consolidated for pretrial proceedings as MDL 2613 in the United States District Court for the District of South Carolina: In re TD Bank, N.A. Debit Card Overdraft Fee Litigation, No. 6:15-MN-02613 (D.S.C.). On December 10, 2015, TD Bank, N.A.’s motion to dismiss the consolidated amended class action complaint was granted in part and denied in part. Discovery, briefing, and a hearing on class certification were complete as of May 24, 2017. On January 5, 2017, TD Bank, N.A. was named as a defendant in a twelfth class action complaint (Dorsey) challenging an overdraft practice that was already the subject of the consolidated amended class action complaint. The Dorsey action was consolidated into MDL 2613, and dismissed by the Court. The Dorsey plaintiff appealed the dismissal to the United States Court of Appeals for the Fourth Circuit. On December 5, 2017, TD Bank, N.A. was named as a defendant in a thirteenth class action complaint (Lawrence) challenging the Bank’s overdraft practices. The Lawrence action, which was also transferred to MDL 2613, concerns the Bank’s treatment of certain transactions as “recurring” for overdraft purposes. The Bank moved to dismiss the claims. On February 22, 2018, the Court issued an order certifying a class as to certain claims in the consolidated amended class action complaint and denying certification as to others. The Fourth Circuit denied the Bank’s 23(f) petition seeking permission to appeal certain portions of the district court’s order. On February 1, 2019, the parties filed a Joint Notice of Settlement of all claims consolidated in MDL 2613 on a class-wide basis. In response to the Notice of Settlement, on February 4, 2019, the Court issued an order suspending all deadlines. On June 26, 2019, the Court issued an order preliminarily approving settlement of all claims consolidated in MDL 2613 on a class-wide basis and directing notice to settlement class members. On January 9, 2020, the Court issued an order granting final approval of the settlement, certifying the six settlement classes for settlement purposes only, and overruling a class member objection. On January 24, 2020, the Court entered a final judgment dismissing with prejudice any and all cases and claims consolidated in MDL 2613. Credit Card Fees International Incorporated (MasterCard) (collectively, the “Networks”). While there is some variance, in most of the actions it is alleged that, from March 2001 to the present, the Networks conspired with their issuing banks and acquirers to fix excessive fees and that certain rules have the effect of increasing the merchant fees. The five actions that remain include claims of civil conspiracy, breach of the Competition Act, interference with economic relations, and unjust enrichment. Plaintiffs seek general and punitive damages. In the lead case proceeding in British Columbia, the decision to partially certify the action as a class proceeding was released on March 27, 2014. The certification decision was appealed by both plaintiff class representatives and defendants. The appeal hearing took place in December 2014 and the decision was released on August 19, 2015. While both the plaintiffs and defendants succeeded in part on their respective appeals, the class period for the plaintiffs’ key claims was shortened significantly. At a hearing in October 2016, the plaintiffs sought to amend their claims to reinstate the extended class period. The plaintiffs’ motion to amend their claims to reinstate the extended class period was denied by the motions judge and subsequently by the B.C. Court of Appeal. The plaintiffs have sought and were refused leave to appeal to the Supreme Court of Canada. The trial of the British Columbia action previously set for October 2020 has been lifted and no new date has been set at this time. In Québec, the motion for authorization proceeded on November 6-7, 2017 and the matter was authorized on similar grounds and for a similar period as in British Columbia. The plaintiffs appealed this decision. On July 25, 2019, the Quebec Court of Appeal granted the plaintiff’s appeal, thereby reinstating the extended class period for the Quebec proceeding. Consumer Class Actions U.S. Consumer Financial Protection Bureau (the “Bureau”) COMMITMENTS Credit-related Arrangements In the normal course of business, the Bank enters into various commitments and contingent liability contracts. The primary purpose of these contracts is to make funds available for the financing needs of customers. The Bank’s policy for requiring collateral security with respect to these contracts and the types of collateral security held is generally the same as for loans made by the Bank. Financial and performance standby letters of credit represent irrevocable assurances that the Bank will make payments in the event that a customer cannot meet its obligations to third parties and they carry the same credit risk, recourse, and collateral security requirements as loans extended to customers. Performance standby letters of credit are considered non-financial guarantees as payment does not depend on the occurrence of a credit event and is generally related to a non-financial trigger event. Documentary and commercial letters of credit are instruments issued on behalf of a customer authorizing a third party to draw drafts on the Bank up to a certain amount subject to specific terms and conditions. The Bank is at risk for any drafts drawn that are not ultimately settled by the customer, and the amounts are collateralized by the assets to which they relate. Commitments to extend credit represent unutilized portions of authorizations to extend credit in the form of loans and customers’ liability under acceptances. A discussion on the types of liquidity facilities the Bank provides to its securitization conduits is included in Note 10. The values of credit instruments reported as follows represent the maximum amount of additional credit that the Bank could be obligated to extend should contracts be fully utilized. Credit Instruments (millions of Canadian dollars) As at October 31 October 31 Financial and performance standby letters of credit $ 30,849 $ 26,887 Documentary and commercial letters of credit 107 107 Commitments to extend credit 1 Original term-to-maturity of one year or less 66,902 56,676 Original term-to-maturity of more than one year 166,142 150,170 Total $ 264,000 $ 233,840 1 Commitments to extend credit exclude personal lines of credit and credit card lines, which are unconditionally cancellable at the Bank’s discretion at any time. In addition, as at October 31, 2020, the Bank is committed to fund $290 million (October 31, 2019 – $374 million) of private equity investments. Long-term Commitments or Leases The Bank has obligations under long-term non-cancellable leases for premises and equipment. Future minimum commitments for IFRS 16 lease liabilities on an undiscounted basis are $30 million for 2021, $69 million for 2022, $88 million for 2023, $111 million for 2024, $302 million for 2025, $5,944 million for 2026, and thereafter. Total lease payments (including $19 million paid for short-term and low-value asset leases) for the year ended October 31, 2020 were $754 million. PLEDGED ASSETS AND COLLATERAL In the ordinary course of business, securities and other assets are pledged against liabilities or contingent liabilities, including repurchase agreements, securitization liabilities, covered bonds, obligations related to securities sold short, and securities borrowing transactions. Assets are also deposited for the purposes of participation in clearing and payment systems and depositories or to have access to the facilities of central banks in foreign jurisdictions, or as security for contract settlements with derivative exchanges or other derivative counterparties. Details of assets pledged against liabilities and collateral assets held or repledged are shown in the following table: Sources and Uses of Pledged Assets and Collateral 1 (millions of Canadian dollars) As at October 31 October 31 Sources of pledged assets and collateral Bank assets Cash and due from banks $ 1,894 $ 820 Interest-bearing deposits with banks 3,639 4,918 Loans 112,190 87,415 Securities 102,999 85,574 Other assets 642 850 221,364 179,577 Third-party assets 2 Collateral received and available for sale or repledging 319,817 274,775 Less: Collateral not repledged (93,647 ) (62,893 ) 226,170 211,882 447,534 391,459 Uses of pledged assets and collateral 3 Derivatives 12,002 11,468 Obligations related to securities sold under repurchase agreements 171,825 120,572 Securities borrowing and lending 101,826 105,255 Obligations related to securities sold short 32,770 28,402 Securitization 32,513 32,024 Covered bond 41,434 41,937 Clearing systems, payment systems, and depositories 8,976 8,338 Foreign governments and central banks 1,148 1,167 Other 45,040 42,296 Total $ 447,534 $ 391,459 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current year. 2 Includes collateral received from reverse repurchase agreements, securities borrowing, margin loans, and other client activity. 3 Includes $56.2 billion of on-balance sheet assets that the Bank has pledged and that the counterparty can subsequently repledge as at October 31, 2020 (October 31, 2019 – $45.9 billion). ASSETS SOLD WITH RECOURSE In connection with its securitization activities, the Bank typically makes customary representations and warranties about the underlying assets which may result in an obligation to repurchase the assets. These representations and warranties attest that the Bank, as the seller, has executed the sale of assets in good faith, and in compliance with relevant laws and contractual requirements. In the event that they do not meet these criteria, the loans may be required to be repurchased by the Bank. GUARANTEES In addition to financial and performance standby letters of credit, the following types of transactions represent the principal guarantees that the Bank has entered into. Credit Enhancements The Bank guarantees payments to counterparties in the event that third-party credit enhancements supporting asset pools are insufficient. Indemnification Agreements In the normal course of operations, the Bank provides indemnification agreements to various counterparties in transactions such as service agreements, leasing transactions, and agreements relating to acquisitions and dispositions. Under these agreements, the Bank is required to compensate counterparties for costs incurred as a result of various contingencies such as changes in laws and regulations and litigation claims. The nature of certain indemnification agreements prevent the Bank from making a reasonable estimate of the maximum potential amount that the Bank would be required to pay such counterparties. The Bank also indemnifies directors, officers, and other persons, to the extent permitted by law, against certain claims that may be made against them as a result of their services to the Bank or, at the Bank’s request, to another entity.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Related Party Transactions	Parties are considered to be related if one party has the ability to directly or indirectly control the other party or exercise significant influence over the other party in making financial or operational decisions. The Bank’s related parties include key management personnel, their close family members and their related entities, subsidiaries, associates, joint ventures, and post-employment benefit plans for the Bank’s employees. TRANSACTIONS WITH KEY MANAGEMENT PERSONNEL, THEIR CLOSE FAMILY MEMBERS, AND THEIR RELATED ENTITIES Key management personnel are those persons having authority and responsibility for planning, directing, and controlling the activities of the Bank, directly or indirectly. The Bank considers certain of its officers and directors to be key management personnel. The Bank makes loans to its key management personnel, their close family members, and their related entities on market terms and conditions with the exception of banking products and services for key management personnel, which are subject to approved policy guidelines that govern all employees. As at October 31, 2020, $449 million (October 31, 2019 – $121 million) of related party loans were outstanding from key management personnel, their close family members, and their related entities. COMPENSATION The remuneration of key management personnel was as follows: Compensation (millions of Canadian dollars) For the years ended October 31 2020 2019 2018 Short-term employee benefits $ 27 $ 33 $ 34 Post-employment benefits 1 2 3 Share-based payments 30 35 37 Total $ 58 $ 70 $ 74 In addition, the Bank offers deferred share and other plans to non-employee directors, executives, and certain other key employees. Refer to Note 23 for further details. In the ordinary course of business, the Bank also provides various banking services to associated and other related corporations on terms similar to those offered to non-related parties. TRANSACTIONS WITH SUBSIDIARIES, SCHWAB, TD AMERITRADE, AND SYMCOR INC. Transactions between the Bank and its subsidiaries meet the definition of related party transactions. If these transactions are eliminated on consolidation, they are not disclosed as related party transactions. Transactions between the Bank, Schwab, TD Ameritrade, and Symcor Inc. (Symcor) also qualify as related party transactions. There were no significant transactions between the Bank, Schwab, TD Ameritrade, and Symcor during the year ended October 31, 2020, other than as described in the following sections and in Note 12. i) TRANSACTIONS WITH SCHWAB AND TD AMERITRADE A description of significant transactions between the Bank and its affiliates with Schwab and TD Ameritrade is set forth below. Insured Deposit Account Agreement In connection with the Schwab transaction, the Bank and Schwab entered into the Schwab IDA Agreement which became effective on completion of the Schwab transaction on October 6, 2020 and has an initial expiration date of July 1, 2031. Pursuant to the Schwab IDA Agreement, the Bank makes FDIC-insured (up to specified limits) money market deposit accounts available to clients of Schwab. Schwab provides recordkeeping and support services with respect to the Schwab IDA Agreement. The servicing fee under the Schwab IDA Agreement is set at 15 bps per annum on the aggregate average daily balance in the sweep accounts. Starting on July 1, 2021, deposits under the Schwab IDA Agreement, which were $195 billion (US$146 billion) as at October 31, 2020, can be reduced at Schwab’s option by up to US$10 billion a year (subject to certain adjustments based on the change in the balance of the sweep deposits between closing and July 1, 2021), with a floor of US$50 billion. The Bank paid fees of $136 million to Schwab for the period from October 6, 2020 to October 31, 2020 related to sweep deposit accounts. The amount paid by the Bank is based on the average insured deposit balance of $194 billion for the period from October 6, 2020 to October 31, 2020 and yields based on agreed upon market benchmarks, less the actual interest paid to clients of Schwab. Prior to the Schwab IDA Agreement becoming effective on completion of the Schwab transaction, the Bank was party to an insured deposit account agreement with TD Ameritrade (the “TD Ameritrade IDA Agreement”). Pursuant to the TD Ameritrade IDA Agreement, the Bank made FDIC-insured (up to specified limits) money market deposit accounts available to clients of TD Ameritrade as either designated sweep vehicles or as non-sweep deposit accounts. TD Ameritrade provided marketing and support services with respect to the TD Ameritrade IDA Agreement. The Bank earned a servicing fee of 25 bps per annum on the aggregate average daily balance in the sweep accounts (subject to adjustment based on a specified formula). The Bank paid fees of $1.9 billion during the year ended October 31, 2020 prior to completion of the Schwab transaction (October 31, 2019 – $2.2 billion; October 31, 2018 – $1.9 billion) to TD Ameritrade related to sweep deposit accounts. The amount paid by the Bank was based on the average insured deposit balance of $176 billion for the year ended October 31, 2020 prior to completion of the Schwab transaction (October 31, 2019 – $140 billion; October 31, 2018 – $140 billion) and yields based on agreed upon market benchmarks, less the actual interest paid to clients of TD Ameritrade. As at October 31, 2020, amounts receivable from Schwab under the Schwab IDA Agreement were $75 million (amounts receivable from TD Ameritrade under the TD Ameritrade IDA Agreement as at October 31, 2019 – $41 million). As at October 31, 2020, amounts payable to Schwab under the Schwab IDA Agreement were $344 million (amounts payable to TD Ameritrade under the TD Ameritrade IDA Agreement as at October 31, 2019 – $168 million). The Bank and other financial institutions provided Schwab and its subsidiaries with unsecured revolving loan facilities. The total commitment provided by the Bank was $305 million, which was undrawn as at October 31, 2020 (unsecured revolving loan facilities to TD Ameritrade as at October 31, 2019 – $291 million undrawn). ii) TRANSACTIONS WITH SYMCOR The Bank has one-third ownership in Symcor, a Canadian provider of business process outsourcing services offering a diverse portfolio of integrated solutions in item processing, statement processing and production, and cash management services. The Bank accounts for Symcor’s results using the equity method of accounting. During the year ended October 31, 2020, the Bank paid $78 million (October 31, 2019 – $81 million; October 31, 2018 – $86 million) for these services. As at October 31, 2020, the amount payable to Symcor was $12 million (October 31, 2019 – $12 million). The Bank and two other shareholder banks have also provided a $100 million unsecured loan facility to Symcor which was undrawn as at October 31, 2020, and October 31, 2019.

Segmented Information

Segmented Information	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Segmented Information	For management reporting purposes, the Bank reports its results under three key business segments: Canadian Retail, which includes the results of the Canadian personal and commercial banking businesses, Canadian credit cards, TD Auto Finance Canada, and Canadian wealth and insurance businesses; U.S. Retail, which includes the results of the U.S. personal and business banking operations, U.S. credit cards, TD Auto Finance U.S., U.S. wealth business, and the Bank’s investment in TD Ameritrade (Schwab as of October 6, 2020); and Wholesale Banking. The Bank’s other activities are grouped into the Corporate segment. Canadian Retail is comprised of Canadian personal and commercial banking, which provides financial products and services to personal, small business, and commercial customers, TD Auto Finance Canada, the Canadian credit card business, the Canadian wealth business, which provides investment products and services to institutional and retail investors, and the insurance business. U.S. Retail is comprised of the personal and business banking operations in the U.S. operating under the brand TD Bank, America’s Most Convenient Bank ® The results of each business segment reflect revenue, expenses, and assets generated by the businesses in that segment. Due to the complexity of the Bank, its management reporting model uses various estimates, assumptions, allocations, and risk-based methodologies for funds transfer pricing, inter-segment revenue, income tax rates, capital, indirect expenses and cost transfers to measure business segment results. The basis of allocation and methodologies are reviewed periodically to align with management’s evaluation of the Bank’s business segments. Transfer pricing of funds is generally applied at market rates. Inter-segment revenue is negotiated between each business segment and approximates the fair value of the services provided. Income tax provision or recovery is generally applied to each segment based on a statutory tax rate and may be adjusted for items and activities unique to each segment. Amortization of intangibles acquired as a result of business combinations is included in the Corporate segment. Accordingly, net income for business segments is presented before amortization of these intangibles. Non-interest income is earned by the Bank primarily through investment and securities services, credit fees, trading income, service charges, card services, and insurance revenues. Revenues from investment and securities services are earned predominantly in the Canadian Retail segment with the remainder earned in Wholesale Banking and U.S. Retail. Revenues from credit fees are primarily earned in the Wholesale Banking and Canadian Retail segments. Trading income is earned within Wholesale Banking. Both service charges and card services revenue are mainly earned in the U.S. Retail and Canadian Retail segments. Insurance revenue is earned in the Canadian Retail segment. Net interest income within Wholesale Banking is calculated on a taxable equivalent basis (TEB), which means that the value of non-taxable or tax-exempt income, including dividends, is adjusted to its equivalent before-tax value. Using TEB allows the Bank to measure income from all securities and loans consistently and makes for a more meaningful comparison of net interest income with similar institutions. The TEB adjustment reflected in Wholesale Banking is reversed in the Corporate segment. The Bank purchases CDS to hedge the credit risk in Wholesale Banking’s corporate lending portfolio. These CDS do not qualify for hedge accounting treatment and are measured at fair value with changes in fair value recognized in current period’s earnings. The related loans are accounted for at amortized cost. Management believes that this asymmetry in the accounting treatment between CDS and loans would result in periodic profit and loss volatility which is not indicative of the economics of the corporate loan portfolio or the underlying business performance in Wholesale Banking. As a result, these CDS are accounted for on an accrual basis in Wholesale Banking and the gains and losses on these CDS, in excess of the accrued cost, are reported in the Corporate segment. The following table summarizes the segment results for the years ended October 31, 2020, October 31, 2019, and October 31, 2018. Results by Business Segment 1 (millions of Canadian dollars) For the years ended October 31 2020 Canadian U.S. Retail Wholesale 2 Corporate 2 Total Net interest income (loss) $ 12,061 $ 8,834 $ 1,990 $ 2,726 $ 25,611 Non-interest income (loss) 12,272 2,438 2,968 357 18,035 Total revenue 24,333 11,272 4,958 3,083 43,646 Provision for (recovery of) credit losses 2,746 2,925 508 1,063 7,242 Insurance claims and related expenses 2,886 – – – 2,886 Non-interest expenses 10,441 6,579 2,518 2,066 21,604 Income (loss) before income taxes and equity in net income 8,260 1,768 1,932 (46 ) 11,914 Provision for (recovery of) income taxes 2,234 (167 ) 514 (1,429 ) 1,152 Equity in net income of an investment in TD Ameritrade 3 – 1,091 – 42 1,133 Net income (loss) $ 6,026 $ 3,026 $ 1,418 $ 1,425 $ 11,895 Total assets as at October 31, 2020 $ 472,370 $ 566,629 $ 512,886 $ 163,980 $ 1,715,865 2019 Net interest income (loss) $ 12,349 $ 8,951 $ 911 $ 1,720 $ 23,931 Non-interest income (loss) 11,877 2,840 2,320 97 17,134 Total revenue 24,226 11,791 3,231 1,817 41,065 Provision for (recovery of) credit losses 1,306 1,082 44 597 3,029 Insurance claims and related expenses 2,787 – – – 2,787 Non-interest expenses 10,735 6,411 2,393 2,481 22,020 Income (loss) before income taxes and equity in net income 9,398 4,298 794 (1,261 ) 13,229 Provision for (recovery of) income taxes 2,535 471 186 (457 ) 2,735 Equity in net income of an investment in TD Ameritrade – 1,154 – 38 1,192 Net income (loss) $ 6,863 $ 4,981 $ 608 $ (766 ) $ 11,686 Total assets as at October 31, 2019 $ 452,163 $ 436,086 $ 458,420 $ 68,621 $ 1,415,290 2018 Net interest income (loss) $ 11,576 $ 8,176 $ 1,150 $ 1,337 $ 22,239 Non-interest income (loss) 11,137 2,768 2,367 381 16,653 Total revenue 22,713 10,944 3,517 1,718 38,892 Provision for (recovery of) credit losses 998 917 3 562 2,480 Insurance claims and related expenses 2,444 – – – 2,444 Non-interest expenses 9,473 6,100 2,125 2,497 20,195 Income (loss) before income taxes and equity in net income 9,798 3,927 1,389 (1,341 ) 13,773 Provision for (recovery of) income taxes 2,615 432 335 (200 ) 3,182 Equity in net income of an investment in TD Ameritrade – 693 – 50 743 Net income (loss) $ 7,183 $ 4,188 $ 1,054 $ (1,091 ) $ 11,334 Total assets as at October 31, 2018 $ 433,960 $ 417,292 $ 425,909 $ 57,742 $ 1,334,903 1 The retailer program partners’ share of revenues and credit losses is presented in the Corporate segment, with an offsetting amount (representing the partners’ net share) recorded in Non-interest expenses, resulting in no impact to Corporate reported Net income (loss). The Net income (loss) included in the U.S. Retail segment includes only the portion of revenue and credit losses attributable to the Bank under the agreements. 2 Net interest income within Wholesale Banking is calculated on a TEB. The TEB adjustment reflected in Wholesale Banking is reversed in the Corporate segment. 3 The Bank’s share of TD Ameritrade’s earnings is reported with a one-month lag. The same convention is being followed for Schwab, and the Bank will begin recording its share of Schwab’s earnings on this basis in the first quarter of fiscal 2021. Refer to Note 12 for further details. RESULTS BY GEOGRAPHY For reporting of geographic results, segments are grouped into Canada, United States, and Other international. Transactions are primarily recorded in the location responsible for recording the revenue or assets. This location frequently corresponds with the location of the legal entity through which the business is conducted and the location of the customer. (millions of Canadian dollars) For the years ended October 31 As at October 31 2020 2020 Total revenue Income before Net income Total assets Canada $ 24,198 $ 6,420 $ 5,070 $ 916,798 United States 15,076 1,941 2,015 679,369 Other international 4,372 3,553 4,810 119,698 Total $ 43,646 $ 11,914 $ 11,895 $ 1,715,865 2019 2019 Canada $ 23,599 $ 7,237 $ 5,208 $ 769,314 United States 15,557 4,827 4,180 524,397 Other international 1,909 1,165 2,298 121,579 Total $ 41,065 $ 13,229 $ 11,686 $ 1,415,290 2018 2018 Canada $ 23,332 $ 8,886 $ 6,523 $ 713,677 United States 13,751 3,768 2,993 514,263 Other international 1,809 1,119 1,818 106,963 Total $ 38,892 $ 13,773 $ 11,334 $ 1,334,903

Interest Income and Expense

Interest Income and Expense	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Interest Income and Expense	NOTE 30: INTEREST INCOME AND EXPENSE The following table presents interest income and interest expense by basis of accounting measurement. Refer to Note 2 for the type of instruments measured at amortized cost and FVOCI. Interest Income and Expense (millions of Canadian dollars) For the years ended October 31, 2020 October 31, 2019 Interest income Interest expense Interest income Interest expense Measured at amortized cost 1 $ 30,981 $ 6,547 $ 31,663 $ 11,294 Measured at FVOCI 1,543 – 3,165 – 32,524 6,547 34,828 11,294 Not measured at amortized cost or FVOCI 2 3,123 3,489 7,171 6,774 Total $ 35,647 $ 10,036 $ 41,999 $ 18,068 1 Includes interest expense on lease liabilities for the year ended October 31, 2020 of $153 million, upon adoption of IFRS 16 on November 1, 2019. 2 Includes interest income, interest expense, and dividend income for financial instruments that are measured or designated at FVTPL and equities designated at FVOCI.

Credit Risk

Credit Risk	12 Months Ended
	Oct. 31, 2020
Disclosure of credit risk exposure [abstract]
Credit Risk	NOTE 31: CREDIT RISK Concentration of credit risk exists where a number of borrowers or counterparties are engaged in similar activities, are located in the same geographic area or have comparable economic characteristics. Their ability to meet contractual obligations may be similarly affected by changing economic, political or other conditions. The Bank’s portfolio could be sensitive to changing conditions in particular geographic regions. Concentration of Credit Risk 1 (millions of Canadian dollars, As at except as noted) Loans and customers liability 2,3 Credit Instruments 4,5 Derivative financial 6,7 October 31 October 31 October 31 October 31 October 31 October 31 Canada 66 % 66 % 37 % 38 % 24 % 25 % United States 33 33 59 58 27 31 United Kingdom – – 1 1 22 17 Europe – other – – 2 2 18 20 Other international 1 1 1 1 9 7 Total 100 % 100 % 100 % 100 % 100 % 100 % $ 734,958 $ 700,226 $ 264,000 $ 233,840 $ 51,225 $ 46,829 1 Certain comparative numbers have been reclassified to conform with the presentation adopted in the current year. 2 Of the total loans and customers’ liability under acceptances, the only industry segment which equalled or exceeded 5% of the total concentration as at October 31, 2020 was real estate 10% (October 31, 2019 – 10%). 3 Includes loans that are measured at FVOCI. 4 As at October 31, 2020, the Bank had commitments and contingent liability contracts in the amount of $264 billion (October 31, 2019 – $234 billion). Included are commitments to extend credit totalling $233 billion (October 31, 2019 – $207 billion), of which the credit risk is dispersed as detailed in the table above. 5 Of the commitments to extend credit, industry segments which equalled or exceeded 5% of the total concentration were as follows as at October 31, 2020: financial institutions 21% (October 31, 2019 – 22%); pipelines, oil and gas 10% (October 31, 2019 – 9%); automotive 9% (October 31, 2019 – 9%); power and utilities 8% (October 31, 2019 – 8%); sundry manufacturing and wholesale 7% (October 31, 2019 – 7%); professional and other services 6% (October 31, 2019 – 6%); telecommunications, cable, and media 6% (October 31, 2019 – 6%); non-residential real estate development 5% (October 31, 2019 – 6%). 6 As at October 31, 2020, the current replacement cost of derivative financial instruments, excluding the impact of master netting agreements and collateral, amounted to $51 billion (October 31, 2019 – $47 billion). Based on the location of the ultimate counterparty, the credit risk was allocated as detailed in the table above. The table excludes the fair value of exchange traded derivatives. 7 The largest concentration by counterparty type was with financial institutions (including non-banking financial institutions), which accounted for 64% of the total as at October 31, 2020 (October 31, 2019 – 69%). The second largest concentration was with governments, which accounted for 24% of the total as at October 31, 2020 (October 31, 2019 – 22%). No other industry segment exceeded 5% of the total. The following table presents the maximum exposure to credit risk of financial instruments, before taking account of any collateral held or other credit enhancements. Gross Maximum Credit Risk Exposure (millions of Canadian dollars) As at October 31 October 31 Cash and due from banks $ 6,445 $ 4,863 Interest-bearing deposits with banks 164,149 25,583 Securities 1 Financial assets designated at fair value through profit or loss Government and government-insured securities 2,069 1,413 Other debt securities 2,668 2,627 Trading Government and government-insured securities 59,037 44,445 Other debt securities 18,968 18,680 Retained interest 14 19 Non-trading securities at fair value through profit or loss Government and government-insured securities 388 319 Other debt securities 4,114 4,081 Securities at fair value through other comprehensive income Government and government-insured securities 78,283 83,171 Other debt securities 19,901 23,969 Debt securities at amortized cost Government and government-insured securities 174,593 78,275 Other debt securities 53,086 52,222 Securities purchased under reverse purchase agreements 169,162 165,935 Derivatives 2 54,242 48,894 Loans Residential mortgages 251,915 235,530 Consumer instalment and other personal 183,440 179,085 Credit card 29,778 34,989 Business and government 252,390 235,004 Trading loans 12,959 12,482 Non-trading loans at fair value through profit or loss 3,718 1,796 Loans at fair value through other comprehensive income 2,502 2,124 Customers’ liability under acceptances 14,941 13,494 Amounts receivable from brokers, dealers, and clients 33,951 20,575 Other assets 7,326 5,913 Total assets 1,600,039 1,295,488 Credit instruments 3 264,000 233,840 Unconditionally cancellable commitments to extend credit relating to personal lines of credit and credit card lines 320,823 311,138 Total credit exposure $ 2,184,862 $ 1,840,466 1 Excludes equity securities. 2 The carrying amount of the derivative assets represents the maximum credit risk exposure related to derivative contracts. 3 The balance represents the maximum amount of additional funds that the Bank could be obligated to extend should the contracts be fully utilized. The actual maximum exposure may differ from the amount reported above. Refer to Note 27 for further details.

Regulatory Capital

Regulatory Capital	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Regulatory Capital	The Bank manages its capital under guidelines established by OSFI. The regulatory capital guidelines measure capital in relation to credit, trading market, and operational risks. The Bank has various capital policies, procedures, and controls which it utilizes to achieve its goals and objectives. The Bank’s capital management objectives are: • To be an appropriately capitalized financial institution as determined by: – the Bank’s Risk Appetite Statement; – capital requirements defined by relevant regulatory authorities; and – the Bank’s internal assessment of capital requirements, including stress test analysis, consistent with the Bank’s risk profile and risk tolerance levels. • To have the most economically achievable weighted-average cost of capital, consistent with preserving the appropriate mix of capital elements to meet targeted capitalization levels. • To ensure ready access to sources of appropriate capital, at reasonable cost, in order to: – insulate the Bank from unexpected loss events; and – support and facilitate business growth and/or acquisitions consistent with the Bank’s strategy and risk appetite. • To support strong external debt ratings, in order to manage the Bank’s overall cost of funds and to maintain accessibility to required funding. These objectives are applied in a manner consistent with the Bank’s overall objective of providing a satisfactory return on shareholders’ equity. Basel III Capital Framework Capital requirements of the Basel Committee on Banking Supervision are commonly referred to as Basel III. Under Basel III, Total Capital consists of three components, namely Common Equity Tier 1, Additional Tier 1, and Tier 2 Capital. Risk sensitive regulatory capital ratios are calculated by dividing CET1, Tier 1, and Total Capital by RWA, inclusive of any minimum requirements outlined under the regulatory floor. In 2015, Basel III also implemented a non-risk sensitive leverage ratio to act as a supplementary measure to the risk-sensitive capital requirements. The objective of the leverage ratio is to constrain the build-up of excess leverage in the banking sector. The leverage ratio is calculated by dividing Tier 1 Capital by leverage exposure which is primarily comprised of on-balance sheet assets with adjustments made to derivative and securities financing transaction exposures, and credit equivalent amounts of off-balance sheet exposures. Capital Position and Capital Ratios The Basel framework allows qualifying banks to determine capital levels consistent with the way they measure, manage, and mitigate risks. It specifies methodologies for the measurement of credit, trading market, and operational risks. The Bank uses the advanced internal ratings-based approach to credit risk for all material portfolios. In the third quarter of 2020, OSFI approved the Bank to calculate the non-retail portfolio credit RWA in U.S. Retail segment using the AIRB Approach. For accounting purposes, IFRS is followed for consolidation of subsidiaries and joint ventures. For regulatory capital purposes, all subsidiaries of the Bank are consolidated except for insurance subsidiaries which are deconsolidated and follow prescribed treatment per OSFI’s CAR guidelines. Insurance subsidiaries are subject to their own capital adequacy reporting, such as OSFI’s Life Insurance Capital Adequacy Test. Some of the Bank’s subsidiaries are individually regulated by either OSFI or other regulators. Many of these entities have minimum capital requirements which they must maintain and which may limit the Bank’s ability to extract capital or funds for other uses. During the year ended October 31, 2020, the Bank complied with the OSFI Basel III guidelines related to capital ratios and the leverage ratio. Effective January 1, 2016, OSFI’s target CET1, Tier 1, and Total Capital ratios for Canadian banks designated as domestic systemically important banks (D-SIBs) includes a 1% common equity capital surcharge bringing the targets to 8%, 9.5%, and 11.5%, respectively. On June 25, 2018, OSFI provided greater transparency related to previously undisclosed Pillar 2 CET1 capital buffers through the introduction of the public DSB which is held by D-SIBs against Pillar 2 risks. The current buffer is set at 1% of total RWA and must be met with CET1 Capital, effectively raising the CET1 minimum to 9%. In addition, on November 22, 2019, the Bank was designated a global systemically important bank (G-SIB). The OSFI target includes the greater of the D-SIB or G-SIB The following table summarizes the Bank’s regulatory capital position as at October 31, 2020 and October 31, 2019. Regulatory Capital Position 1 (millions of Canadian dollars, except as noted) As at October 31 October 31 Capital Common Equity Tier 1 Capital $ 62,616 $ 55,042 Tier 1 Capital 69,091 61,683 Total Capital 80,021 74,122 Risk-weighted assets used in the calculation of capital ratios 478,909 455,977 Capital and leverage ratios Common Equity Tier 1 Capital ratio 13.1 % 12.1 % Tier 1 Capital ratio 14.4 13.5 Total Capital ratio 16.7 16.3 Leverage ratio 4.5 4.0 1 Includes capital adjustments provided by OSFI in response to the COVID-19 pandemic in the year ended October 31, 2020. Refer to “Capital Position” section of the MD&A for additional detail.

Risk Management

Risk Management	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Risk Management	NOTE 33: RISK MANAGEMENT The risk management policies and procedures of the Bank are provided in the MD&A. The shaded sections of the “Managing Risk” section of the MD&A relating to credit, market, liquidity, and insurance risks are an integral part of the 2020 Consolidated Financial Statements.

Information on Subsidiaries

Information on Subsidiaries	12 Months Ended
	Oct. 31, 2020
Investments accounted for using equity method [abstract]
Information on Subsidiaries	NOTE 34: INFORMATION ON SUBSIDIARIES The following is a list of the directly or indirectly held significant subsidiaries. SIGNIFICANT SUBSIDIARIES 1 (millions of Canadian dollars) As at October 31, 2020 North America Address of Head or Principal Office 2 Description Carrying value of shares 3 Meloche Monnex Inc. Montreal, Québec Holding Company $ 1,725 Security National Insurance Company Montreal, Québec Insurance Company Primmum Insurance Company Toronto, Ontario Insurance Company TD Direct Insurance Inc. Toronto, Ontario Insurance Company TD General Insurance Company Toronto, Ontario Insurance Company TD Home and Auto Insurance Company Toronto, Ontario Insurance Company TD Wealth Holdings Canada Limited Toronto, Ontario Holding Company 1,164 TD Asset Management Inc. Toronto, Ontario Dealing in Securities GMI Servicing Inc. Regina, Saskatchewan Mortgage Servicing Entity TD Waterhouse Private Investment Counsel Inc. Toronto, Ontario Investment Counselling and Portfolio Management TD Auto Finance (Canada) Inc. Toronto, Ontario Automotive Finance Entity 2,791 TD Group US Holdings LLC Wilmington, Delaware Holding Company 73,421 Toronto Dominion Holdings (U.S.A.), Inc. New York, New York Holding Company TD Prime Services LLC New York, New York Securities Dealer TD Securities (USA) LLC New York, New York Securities Dealer Toronto Dominion (Texas) LLC New York, New York Financial Services Entity Toronto Dominion (New York) LLC New York, New York Financial Services Entity Toronto Dominion Capital (U.S.A.), Inc. New York, New York Small Business Investment Company Toronto Dominion Investments, Inc. New York, New York Merchant Banking and Investments TD Bank US Holding Company Cherry Hill, New Jersey Holding Company Epoch Investment Partners, Inc. New York, New York Investment Counselling and Portfolio Management TDAM USA Inc. New York, New York Investment Counselling and Portfolio Management TD Bank USA, National Association Cherry Hill, New Jersey U.S. National Bank TD Bank, National Association Cherry Hill, New Jersey U.S. National Bank TD Auto Finance LLC Farmington Hills, Michigan Automotive Finance Entity TD Equipment Finance, Inc. Cherry Hill, New Jersey Financial Services Entity TD Private Client Wealth LLC New York, New York Broker-dealer and Registered Investment Advisor TD Wealth Management Services Inc. Cherry Hill, New Jersey Insurance Agency TD Investment Services Inc. Toronto, Ontario Mutual Fund Dealer 30 TD Life Insurance Company Toronto, Ontario Insurance Company 91 TD Mortgage Corporation Toronto, Ontario Deposit-Taking Entity 10,384 TD Pacific Mortgage Corporation Vancouver, British Columbia Deposit-Taking Entity The Canada Trust Company Toronto, Ontario Trust, Loans, and Deposit-Taking Entity TD Securities Inc. Toronto, Ontario Investment Dealer and Broker 2,086 TD Vermillion Holdings Limited Toronto, Ontario Holding Company 27,212 TD Financial International Ltd. Hamilton, Bermuda Holding Company TD Reinsurance (Barbados) Inc. St. James, Barbados Reinsurance Company TD Waterhouse Canada Inc. Toronto, Ontario Investment Dealer 3,104 International TD Bank N.V. Amsterdam, The Netherlands Dutch Bank 486 TD Ireland Unlimited Company Dublin, Ireland Holding Company 886 TD Global Finance Unlimited Company Dublin, Ireland Securities Dealer TD Securities (Japan) Co. Ltd. Tokyo, Japan Securities Dealer 13 Toronto Dominion Australia Limited Sydney, Australia Securities Dealer 100 Toronto Dominion Investments B.V. London, England Holding Company 1,165 TD Bank Europe Limited London, England UK Bank Toronto Dominion Holdings (U.K.) Limited London, England Holding Company TD Securities Limited London, England Securities Dealer Toronto Dominion (South East Asia) Limited Singapore, Singapore Financial Institution 1,067 1 Unless otherwise noted, The Toronto-Dominion Bank, either directly or through its subsidiaries, owns 100% of the entity and/or 100% of any issued and outstanding voting securities and non-voting securities of the entities listed. 2 Each subsidiary is incorporated or organized in the country in which its head or principal office is located, with the exception of Toronto Dominion Investments B.V., a company incorporated in The Netherlands, but with its principal office in the United Kingdom. 3 Carrying amounts are prepared for purposes of meeting the disclosure requirements of Section 308 (3)(a)(ii) of the Bank Act SUBSIDIARIES WITH RESTRICTIONS TO TRANSFER FUNDS Certain of the Bank’s subsidiaries have regulatory requirements to fulfil, in accordance with applicable law, in order to transfer funds, including paying dividends to, repaying loans to, or redeeming subordinated debentures issued to, the Bank. These customary requirements include, but are not limited to: • Local regulatory capital and/or surplus adequacy requirements; • Basel requirements under Pillar 1 and Pillar 2; • Local regulatory approval requirements; and • Local corporate and/or securities laws. As at October 31, 2020, the net assets of subsidiaries subject to regulatory or CAR was $95.0 billion (October 31, 2019 – $86.3 billion), before intercompany eliminations. In addition to regulatory requirements outlined above, the Bank may be subject to significant restrictions on its ability to use the assets or settle the liabilities of members of its group. Key contractual restrictions may arise from the provision of collateral to third parties in the normal course of business, for example through secured financing transactions; assets securitized which are not subsequently available for transfer by the Bank; and assets transferred into other consolidated and unconsolidated structured entities. The impact of these restrictions has been disclosed in Notes 9 and 27.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Oct. 31, 2020
Statement [LineItems]
Basis Of Consolidation	BASIS OF CONSOLIDATION The Consolidated Financial Statements include the assets, liabilities, results of operations, and cash flows of the Bank and its subsidiaries including certain structured entities which it controls. The Bank’s Consolidated Financial Statements have been prepared using uniform accounting policies for like transactions and events in similar circumstances. All intercompany transactions, balances, and unrealized gains and losses on transactions are eliminated on consolidation. Subsidiaries Subsidiaries are corporations or other legal entities controlled by the Bank, generally through directly holding more than half of the voting power of the entity. Control of subsidiaries is determined based on the power exercisable through ownership of voting rights and is generally aligned with the risks and/or returns (collectively referred to as “variable returns”) absorbed from subsidiaries through those voting rights. As a result, the Bank controls and consolidates subsidiaries when it holds the majority of the voting rights of the subsidiary, unless there is evidence that another investor has control over the subsidiary. The existence and effect of potential voting rights that are currently exercisable or convertible are considered in assessing whether the Bank controls an entity. Subsidiaries are consolidated from the date the Bank obtains control and continue to be consolidated until the date when control ceases to exist. The Bank may consolidate certain subsidiaries where it owns 50% or less of the voting rights. Most of those subsidiaries are structured entities as described in the following section. Structured Entities Structured entities are entities that are created to accomplish a narrow and well-defined objective. Structured entities may take the form of a corporation, trust, partnership, or unincorporated entity. They are often created with legal arrangements that impose limits on the decision-making • The Bank has the power to direct the activities of the structured entity that have the most significant impact on the entity’s risks and/or returns; • The Bank is exposed to significant variable returns arising from the entity; and • The Bank has the ability to use its power to affect the risks and/or returns to which it is exposed. Consolidation conclusions are reassessed at the end of each financial reporting period. The Bank’s policy is to consider the impact on consolidation of all significant changes in circumstances, focusing on the following: • Substantive changes in ownership, such as the purchase or disposal of more than an insignificant additional interest in an entity; • Changes in contractual or governance arrangements of an entity; • Additional activities undertaken, such as providing a liquidity facility beyond the original terms or entering into a transaction not originally contemplated; or • Changes in the financing structure of an entity. Investments in Associates and Joint Ventures Entities over which the Bank has significant influence are associates and entities over which the Bank has joint control are joint ventures. Significant influence is the power to participate in the financial and operating policy decisions of an investee, but is not control or joint control over these entities. Significant influence is presumed to exist where the Bank holds between 20% and 50% of the voting rights of an entity. Significant influence may also exist where the Bank holds less than 20% of the voting rights and has influence over financial and operating policy-making processes, through board representation and significant commercial arrangements. Associates and joint ventures are accounted for using the equity method of accounting. Investments in associates and joint ventures are carried on the Consolidated Balance Sheet initially at cost and increased or decreased to recognize the Bank's share of the profit or loss of the associate or joint venture, capital transactions, including the receipt of any dividends, and write-downs to reflect any impairment in the value of such entities. These increases or decreases, together with any gains and losses realized on disposition, are reported on the Consolidated Statement of Income. The carrying amount of the investments also includes the Bank's share of the investee's other comprehensive income or loss, which is reported in the relevant section of the Consolidated Statement of Comprehensive Income. At each balance sheet date, the Bank assesses whether there is any objective evidence that the investment in an associate or joint venture is impaired. The Bank calculates the amount of impairment as the difference between the higher of fair value or value-in-use and its carrying value. Non-controlling Interests When the Bank does not own all of the equity of a consolidated entity, the minority shareholders’ interest is presented on the Consolidated Balance Sheet as Non-controlling
Cash And Due From Banks	CASH AND DUE FROM BANKS Cash and due from banks consist of cash and amounts due from banks which are issued by investment grade financial institutions. These amounts are due on demand or have an original maturity of three months or less.
Revenue Recognition	REVENUE RECOGNITION Revenue is recognized at an amount that reflects the consideration the Bank expects to be entitled to in exchange for transferring services to a customer, excluding amounts collected on behalf of third parties. The Bank recognizes revenue when it transfers control of a good or a service to a customer at a point in time or over time. The determination of when performance obligations are satisfied requires the use of judgment. Refer to Note 3 for further details. The Bank identifies contracts with customers subject to IFRS 15, which create enforceable rights and obligations. The Bank determines the performance obligations based on distinct services promised to the customers in the contracts. The Bank’s contracts generally have a term of one year or less, consist of a single performance obligation, and the performance obligations generally reflect services. For each contract, the Bank determines the transaction price, which includes estimating variable consideration and assessing whether the price is constrained. Variable consideration is included in the transaction price to the extent that it is highly probable that a significant reversal of the amount will not occur when the uncertainty associated with the amount of variable consideration is subsequently resolved. As such, the estimate of the variable consideration is constrained until the end of the invoicing period. The uncertainty is generally resolved at the end of the reporting period and as such, no significant judgment is required when recognizing variable consideration in revenues. The Bank’s receipt of payment from customers generally occurs subsequent to the satisfaction of performance obligations or a short time thereafter. As such, the Bank has not recognized any material contract assets (unbilled receivables) or contract liabilities (deferred revenues) and there is no significant financing component associated with the consideration due to the Bank. When another party is involved in the transfer of services to a customer, an assessment is made to evaluate whether the Bank is the principal such that revenues are reported on a gross basis or the agent such that revenues are reported on a net basis. The Bank is the principal when it controls the services in the contract promised to the customer before they are transferred. Control is demonstrated by the Bank being primarily responsible for fulfilling the transfer of the services to the customer, having discretion in establishing pricing of the services, or both. Interest from interest-bearing assets and liabilities not measured at fair value through profit or loss is recognized as net interest income using the effective interest rate (EIR). EIR is the rate that discounts expected future cash flows for the expected life of the financial instrument to its carrying value. The calculation takes into account the contractual interest rate, along with any fees or incremental costs that are directly attributable to the instrument and all other premiums or discounts. Investment and securities services Investment and securities services income include asset management fees, administration and commission fees, and investment banking fees. The Bank recognizes asset management and administration fees based on time elapsed, which depicts the rendering of investment management and related services over time. The fees are primarily calculated based on average daily or point in time assets under management (AUM) or assets under administration (AUA) depending on the investment mandate. Commission fees include sales, trailer and brokerage commissions. Sales and brokerage commissions are generally recognized at a point in time when the transaction is executed. Trailer commissions are recognized over time and are generally calculated based on the average daily net asset value of the fund during the period. Investment banking fees include advisory fees and underwriting fees and are generally recognized at a point in time upon successful completion of the engagement. Credit fees Credit fees include liquidity fees, restructuring fees, letter of credit fees, and loan syndication fees. Liquidity, restructuring, and letter of credit fees are recognized in income over the period in which the service is provided. Loan syndication fees are generally recognized at a point in time upon completion of the financing placement. Service charges Service charges income is earned on personal and commercial deposit accounts and consists of account fees and transaction-based service charges. Account fees relate to account maintenance activities and are recognized in income over the period in which the service is provided. Transaction-based service charges are recognized as earned at a point in time when the transaction is complete. Card services Card services income includes interchange income as well as card fees such as annual and transactional fees. Interchange income is recognized at a point in time when the transaction is authorized and funded. Card fees are recognized as earned at the transaction date with the exception of annual fees, which are recognized over a twelve-month period.
Share Capital	SHARE CAPITAL The Bank classifies financial instruments that it issues as either financial liabilities, equity instruments, or compound instruments. Issued instruments that are mandatorily redeemable or convertible into a variable number of the Bank’s common shares at the holder’s option are classified as liabilities on the Consolidated Balance Sheet. Dividend or interest payments on these instruments are recognized in Interest expense on the Consolidated Statement of Income. Issued instruments are classified as equity when there is no contractual obligation to transfer cash or other financial assets. Further, issued instruments that are not mandatorily redeemable or that are not convertible into a variable number of the Bank’s common shares at the holder’s option, are classified as equity and presented in share capital. Incremental costs directly attributable to the issue of equity instruments are included in equity as a deduction from the proceeds, net of tax. Dividend payments on these instruments are recognized as a reduction in equity. Compound instruments are comprised of both liability and equity components in accordance with the substance of the contractual arrangement. At inception, the fair value of the liability component is initially measured with any residual amount assigned to the equity component. Transaction costs are allocated proportionately to the liability and equity components. Common or preferred shares held by the Bank are classified as treasury shares in equity, and the cost of these shares is recorded as a reduction in equity. Upon the sale of treasury shares, the difference between the sale proceeds and the cost of the shares is recorded in or against contributed surplus.
Guarantess	GUARANTEES The Bank issues guarantee contracts that require payments to be made to guaranteed parties based on: (1) changes in the underlying economic characteristics relating to an asset or liability of the guaranteed party; (2) failure of another party to perform under an obligating agreement; or (3) failure of another third party to pay its indebtedness when due. Guarantees are initially measured and recorded at their fair value. The fair value of a guarantee liability at initial recognition is normally equal to the present value of the guarantee fees received over the life of contract. The Bank’s release from risk is recognized over the term of the guarantee using a systematic and rational amortization method. If a guarantee meets the definition of a derivative, it is carried at fair value on the Consolidated Balance Sheet and reported as a derivative asset or derivative liability at fair value. Guarantees that are considered derivatives are a type of credit derivative contract which are over-the-counter (OTC) contracts designed to transfer the credit risk in an underlying financial instrument from one counterparty to another.
Derivatives	DERIVATIVES Derivatives are instruments that derive their value from changes in underlying interest rates, foreign exchange rates, credit spreads, commodity prices, equities, or other financial or non-financial measures. Such instruments include interest rate, foreign exchange, equity, commodity, and credit derivative contracts. The Bank uses these instruments for trading and non-trading purposes. Derivatives are carried at their fair value on the Consolidated Balance Sheet. Derivatives Held-for-Trading Purposes The Bank enters into trading derivative contracts to meet the needs of its customers, to provide liquidity and market-making related activities, and in certain cases, to manage risks related to its trading portfolios. The realized and unrealized gains or losses on trading derivatives are recognized in trading income (loss). Derivatives Held for Non-trading Purposes Non-trading derivatives are primarily used to manage interest rate, foreign exchange, and other market risks of the Bank’s traditional banking activities. When derivatives are held for non-trading purposes and when the transactions meet the hedge accounting requirements of IAS 39, they are presented as non-trading derivatives and receive hedge accounting treatment, as appropriate. Certain derivative instruments that are held for economic hedging purposes, and do not meet the hedge accounting requirements of IAS 39, are also presented as non-trading derivatives with the change in fair value of these derivatives recognized in non-interest income. Hedging Relationships Hedge Accounting At the inception of a hedging relationship, the Bank documents the relationship between the hedging instrument and the hedged item, its risk management objective, and its strategy for undertaking the hedge. The Bank also requires a documented assessment, both at hedge inception and on an ongoing basis, of whether or not the derivatives that are used in hedging relationships are highly effective in offsetting the changes attributable to the hedged risks in the fair values or cash flows of the hedged items. In order to be considered effective, the hedging instrument and the hedged item must be highly and inversely correlated such that the changes in the fair value of the hedging instrument will substantially offset the effects of the hedged exposure to the Bank throughout the term of the hedging relationship. If a hedging relationship becomes ineffective, it no longer qualifies for hedge accounting and any subsequent change in the fair value of the hedging instrument is recognized in Non-interest income on the Consolidated Statement of Income. Changes in fair value relating to the derivative component excluded from the assessment of hedge effectiveness, are recognized in Non-interest income on the Consolidated Statement of Income. When derivatives are designated as hedges, the Bank classifies them either as: (1) hedges of the changes in fair value of recognized assets or liabilities or firm commitments (fair value hedges); (2) hedges of the variability in highly probable future cash flows attributable to a recognized asset or liability, or a forecasted transaction (cash flow hedges); or (3) hedges of net investments in a foreign operation (net investment hedges). Interest Rate Benchmark Reform A hedging relationship is affected by interest rate benchmark reform if it gives rise to uncertainties about (a) the interest rate benchmark (contractually or non-contractually specified) designated as a hedged risk; and/or (b) the timing or the amount of interest rate benchmark-based cash flows of the hedged item or of the hedging instrument. For such hedging relationships, the following temporary exceptions apply during the period of uncertainty: • when assessing whether a forecast transaction is highly probable or expected to occur, it is assumed that the interest rate benchmark on which the hedged cash flows (contractually or noncontractually specified) are based is not altered as a result of interest rate benchmark reform; • when assessing whether a hedge is expected to be highly effective, it is assumed that the interest rate benchmark on which the hedged cash flows and/or the hedged risk (contractually or noncontractually specified) are based, or the interest rate benchmark on which the cash flows of the hedging instrument are based, is not altered as a result of interest rate benchmark reform; • a hedge is not required to be discontinued if the actual results of the hedge are outside of a range of 80–125 per cent as a result of interest rate benchmark reform; • for a hedge of a non-contractually specified benchmark portion of interest rate risk, the requirement that the risk component is separately identifiable need only be met at the inception of the hedging relationship. Fair Value Hedges The Bank’s fair value hedges principally consist of interest rate swaps that are used to protect against changes in the fair value of fixed-rate financial instruments due to movements in market interest rates. Changes in the fair value of derivatives that are designated and qualify as fair value hedging instruments are recognized in Non-interest income on the Consolidated Statement of Income, along with changes in the fair value of the assets, liabilities, or group thereof that are attributable to the hedged risk. Any change in fair value relating to the ineffective portion of the hedging relationship is recognized immediately in non-interest income. The cumulative adjustment to the carrying amount of the hedged item (the basis adjustment) is amortized to the Consolidated Statement of Income in Net interest income based on a recalculated EIR over the remaining expected life of the hedged item, with amortization beginning no later than when the hedged item ceases to be adjusted for changes in its fair value attributable to the hedged risk. Where the hedged item has been derecognized, the basis adjustment is immediately released to Net interest income or Non-interest income, as applicable, on the Consolidated Statement of Income. Cash Flow Hedges The Bank is exposed to variability in future cash flows attributable to interest rate, foreign exchange rate, and equity price risks. The amounts and timing of future cash flows are projected for each hedged exposure on the basis of their contractual terms and other relevant factors, including estimates of prepayments and defaults. The effective portion of the change in the fair value of the derivative that is designated and qualifies as a cash flow hedge is initially recognized in other comprehensive income. The change in fair value of the derivative relating to the ineffective portion is recognized immediately in non-interest income. Amounts in accumulated other comprehensive income (AOCI) attributable to interest rate, foreign exchange rate, and equity price components, as applicable, are reclassified to Net interest income or Non-interest income on the Consolidated Statement of Income in the period in which the hedged item affects income, and are reported in the same income statement line as the hedged item. When a hedging instrument expires or is sold, or when a hedge no longer meets the criteria for hedge accounting, any cumulative gain or loss existing in AOCI at that time remains in AOCI until the forecasted transaction impacts the Consolidated Statement of Income. When a forecasted transaction is no longer expected to occur, the cumulative gain or loss that was reported in AOCI is immediately reclassified to Net interest income or Non-interest income, as applicable, on the Consolidated Statement of Income. Net Investment Hedges Hedges of net investments in foreign operations are accounted for similar to cash flow hedges. The change in fair value on the hedging instrument relating to the effective portion is recognized in other comprehensive income. The change in fair value of the hedging instrument relating to the ineffective portion is recognized immediately in non-interest income. Gains and losses in AOCI are reclassified to the Consolidated Statement of Income upon the disposal or partial disposal of the investment in the foreign operation. The Bank designates derivatives and non-derivatives (such as foreign currency deposit liabilities) as hedging instruments in net investment hedges. Embedded Derivatives Derivatives may be embedded in financial liabilities or other host contracts. Embedded derivatives are treated as separate derivatives when their economic characteristics and risks are not closely related to those of the host instrument, a separate instrument with the same terms as the embedded derivative would meet the definition of a derivative, and the combined contract is not measured at fair value with changes in fair value recognized in income, such as held-for-trading or designated at FVTPL. These embedded derivatives, which are bifurcated from the host contract, are recognized on the Consolidated Balance Sheet as Derivatives and measured at fair value with subsequent changes in fair value recognized in Non-interest income on the Consolidated Statement of Income.
Translation And Presentation Of Foreign Currencies	TRANSLATION AND PRESENTATION OF FOREIGN CURRENCIES The Bank’s Consolidated Financial Statements are presented in Canadian dollars. Items included in the financial statements of each of the Bank’s entities are measured using their functional currency, which is the currency of the primary economic environment in which they operate. Monetary assets and liabilities denominated in a currency that differs from an entity’s functional currency are translated into the functional currency of the entity at exchange rates prevailing at the balance sheet date. Non-monetary assets and liabilities are translated at historical exchange rates. Income and expenses are translated into an entity’s functional currency at average exchange rates for the period. Translation gains and losses are included in non-interest income except for equity investments designated at FVOCI where unrealized translation gains and losses are recorded in other comprehensive income. Foreign operations are those with a functional currency other than Canadian dollars. For the purpose of translation into the Bank’s presentation currency, all assets and liabilities are first measured in the functional currency of the foreign operation and subsequently, translated at exchange rates prevailing at the balance sheet date. Income and expenses are translated at average exchange rates for the period. Unrealized translation gains and losses relating to these foreign operations, net of gains or losses arising from net investment hedges and applicable income taxes, are included in other comprehensive income. Translation gains and losses in AOCI are recognized on the Consolidated Statement of Income upon the disposal or partial disposal of the foreign operation. The investment balance of foreign entities accounted for by the equity method, including TD Ameritrade and The Charles Schwab Corporation, is translated into Canadian dollars using exchange rates prevailing at the balance sheet date with exchange gains or losses recognized in other comprehensive income.
Offsetting Of Financial Instruments	OFFSETTING OF FINANCIAL INSTRUMENTS Financial assets and liabilities are offset, with the net amount presented on the Consolidated Balance Sheet, only if the Bank currently has a legally enforceable right to set off the recognized amounts, and intends either to settle on a net basis or to realize the asset and settle the liability simultaneously. In all other situations, assets and liabilities are presented on a gross basis.
Determination Of Fair Value	DETERMINATION OF FAIR VALUE The fair value of a financial instrument on initial recognition is normally the transaction price, such as the fair value of the consideration given or received. The best evidence of fair value is quoted prices in active markets. When financial assets and liabilities have offsetting market risks or credit risks, the Bank applies a measurement exception, as described in Note 5 under Portfolio Exception. The value determined from application of the portfolio exception must be allocated to the individual financial instruments within the group to arrive at the fair value of an individual financial instrument. Balance sheet offsetting presentation requirements, as described above under the Offsetting of Financial Instruments Valuation adjustments reflect the Bank’s assessment of factors that market participants would use in pricing the asset or liability. The Bank recognizes various types of valuation adjustments including, but not limited to, adjustments for bid-offer spreads, adjustments for the unobservability of inputs used in pricing models, and adjustments for assumptions about risk, such as the creditworthiness of either counterparty and market implied funding costs for uncollateralized derivatives. If there is a difference between the initial transaction price and the value based on a valuation technique, the difference is referred to as inception profit or loss. Inception profit or loss is recognized upon initial recognition of the instrument only if the fair value is based on observable inputs. When an instrument is measured using a valuation technique that utilizes significant non-observable inputs, it is initially valued at the transaction price, which is considered the best estimate of fair value. Subsequent to initial recognition, any difference between the transaction price and the value determined by the valuation technique at initial recognition is recognized as non-observable inputs become observable. If the fair value of a financial asset measured at fair value becomes negative, it is recognized as a financial liability until either its fair value becomes positive, at which time it is recognized as a financial asset, or until it is extinguished.
Derecognition Of Financial Instruments	DERECOGNITION OF FINANCIAL INSTRUMENTS Financial Assets The Bank derecognizes a financial asset when the contractual rights to that asset have expired. Derecognition may also be appropriate where the contractual right to receive future cash flows from the asset have been transferred, or where the Bank retains the rights to future cash flows from the asset, but assumes an obligation to pay those cash flows to a third party subject to certain criteria. When the Bank transfers a financial asset, it is necessary to assess the extent to which the Bank has retained the risks and rewards of ownership of the transferred asset. If substantially all the risks and rewards of ownership of the financial asset have been retained, the Bank continues to recognize the financial asset and also recognizes a financial liability for the consideration received. Certain transaction costs incurred are also capitalized and amortized using EIRM. If substantially all the risks and rewards of ownership of the financial asset have been transferred, the Bank will derecognize the financial asset and recognize separately as assets or liabilities any rights and obligations created or retained in the transfer. The Bank determines whether substantially all the risks and rewards have been transferred by quantitatively comparing the variability in cash flows before and after the transfer. If the variability in cash flows does not change significantly as a result of the transfer, the Bank has retained substantially all of the risks and rewards of ownership. If the Bank neither transfers nor retains substantially all the risks and rewards of ownership of the financial asset, the Bank derecognizes the financial asset where it has relinquished control of the financial asset. The Bank is considered to have relinquished control of the financial asset where the transferee has the practical ability to sell the transferred financial asset. Where the Bank has retained control of the financial asset, it continues to recognize the financial asset to the extent of its continuing involvement in the financial asset. Under these circumstances, the Bank usually retains the rights to future cash flows relating to the asset through a residual interest and is exposed to some degree of risk associated with the financial asset. The derecognition criteria are also applied to the transfer of part of an asset, rather than the asset as a whole, or to a group of similar financial assets in their entirety, when applicable. If transferring a part of an asset, it must be a specifically identified cash flow, a fully proportionate share of the asset, or a fully proportionate share of a specifically identified cash flow. Securitization Securitization is the process by which financial assets are transformed into securities. The Bank securitizes financial assets by transferring those financial assets to a third party and as part of the securitization, certain financial assets may be retained and may consist of an interest-only strip and, in some cases, a cash reserve account (collectively referred to as “retained interests”). If the transfer qualifies for derecognition, a gain or loss is recognized immediately in other income after the effects of hedges on the assets sold, if applicable. The amount of the gain or loss is calculated as the difference between the carrying amount of the asset transferred and the sum of any cash proceeds received, including any financial asset received or financial liability assumed, and any cumulative gain or loss allocated to the transferred asset that had been recognized in AOCI. To determine the value of the retained interest initially recorded, the previous carrying value of the transferred asset is allocated between the amount derecognized from the balance sheet and the retained interest recorded, in proportion to their relative fair values on the date of transfer. Subsequent to initial recognition, as market prices are generally not available for retained interests, fair value is determined by estimating the present value of future expected cash flows using management’s best estimates of key assumptions that market participants would use in determining fair value. Refer to Note 3 for assumptions used by management in determining the fair value of retained interests. Retained interest is classified as trading securities with subsequent changes in fair value recorded in trading income. Where the Bank retains the servicing rights, the benefits of servicing are assessed against market expectations. When the benefits of servicing are more than adequate, a servicing asset is recognized. Similarly, when the benefits of servicing are less than adequate, a servicing liability is recognized. Servicing assets and servicing liabilities are initially recognized at fair value and subsequently carried at amortized cost. Financial Liabilities The Bank derecognizes a financial liability when the obligation under the liability is discharged, cancelled, or expires. If an existing financial liability is replaced by another financial liability from the same lender on substantially different terms or where the terms of the existing liability are substantially modified, the original liability is derecognized and a new liability is recognized with the difference in the respective carrying amounts recognized on the Consolidated Statement of Income. Securities Purchased Under Reverse Repurchase Agreements, Securities Sold Under Repurchase Agreements, and Securities Borrowing and Lending Securities purchased under reverse repurchase agreements involve the purchase of securities by the Bank under agreements to resell the securities at a future date. These agreements are treated as collateralized lending transactions whereby the Bank takes possession of the purchased securities, but does not acquire the risks and rewards of ownership. The Bank monitors the market value of the purchased securities relative to the amounts due under the reverse repurchase agreements, and when necessary, requires transfer of additional collateral. In the event of counterparty default, the agreements provide the Bank with the right to liquidate the collateral held and offset the proceeds against the amount owing from the counterparty. Obligations related to securities sold under repurchase agreements involve the sale of securities by the Bank to counterparties under agreements to repurchase the securities at a future date. These agreements do not result in the risks and rewards of ownership being relinquished and are treated as collateralized borrowing transactions. The Bank monitors the market value of the securities sold relative to the amounts due under the repurchase agreements, and when necessary, transfers additional collateral and may require counterparties to return collateral pledged. Certain transactions that do not meet derecognition criteria are also included in obligations related to securities sold under repurchase agreements. Refer to Note 9 for further details. Securities purchased under reverse repurchase agreements and obligations related to securities sold under repurchase agreements are initially recorded on the Consolidated Balance Sheet at the respective prices at which the securities were originally acquired or sold, plus accrued interest. Subsequently, the agreements are measured at amortized cost on the Consolidated Balance Sheet, plus accrued interest. Interest earned on reverse repurchase agreements and interest incurred on repurchase agreements is determined using EIRM and is included in Interest income and Interest expense, respectively, on the Consolidated Statement of Income. In securities lending transactions, the Bank lends securities to a counterparty and receives collateral in the form of cash or securities. If cash collateral is received, the Bank records the cash along with an obligation to return the cash as Obligations related to securities sold under repurchase agreements on the Consolidated Balance Sheet. Where securities are received as collateral, the Bank does not record the collateral on the Consolidated Balance Sheet. In securities borrowing transactions, the Bank borrows securities from a counterparty and pledges either cash or securities as collateral. If cash is pledged as collateral, the Bank records the transaction as Securities purchased under reverse repurchase agreements on the Consolidated Balance Sheet. Securities pledged as collateral remain on the Bank’s Consolidated Balance Sheet. Where securities are pledged or received as collateral, security borrowing fees and security lending income are recorded in Non-interest income on the Consolidated Statement of Income over the term of the transaction. Where cash is pledged or received as collateral, interest received or incurred is included in Interest income and Interest expense, respectively, on the Consolidated Statement of Income. Physical commodities purchased or sold with an agreement to sell or repurchase the physical commodities at a later date at a fixed price, are also included in securities purchased under reverse repurchase agreements and obligations related to securities sold under repurchase agreements, respectively, if the derecognition criteria are not met. These instruments are measured at fair value.
Goodwill	GOODWILL Goodwill represents the excess purchase price paid over the net fair value of identifiable assets and liabilities acquired in a business combination. Goodwill is carried at its initial cost less accumulated impairment losses. Goodwill is allocated to a cash-generating unit (CGU) or a group of CGUs that is expected to benefit from the synergies of the business combination, regardless of whether any assets acquired and liabilities assumed are assigned to the CGU or group of CGUs. A CGU is the smallest identifiable group of assets that generates cash flows largely independent of the cash inflows from other assets or groups of assets. Each CGU or group of CGUs, to which goodwill is allocated, represents the lowest level within the Bank at which the goodwill is monitored for internal management purposes and is not larger than an operating segment. If the composition of a CGU or group of CGUs to which goodwill has been allocated changes as a result of the sale of a business, restructuring or other changes, the goodwill is reallocated to the units affected using a relative value approach, unless the Bank can demonstrate that some other method better reflects the goodwill associated with the units affected. Goodwill is assessed for impairment at least annually and when an event or change in circumstances indicates that the carrying amount may be impaired. When impairment indicators are present, the recoverable amount of the CGU or group of CGUs, which is the higher of its estimated fair value less costs of disposal and its value-in-use, is determined. If the carrying amount of the CGU or group of CGUs is higher than its recoverable amount, an impairment loss exists. The impairment loss is recognized on the Consolidated Statement of Income and cannot be reversed in future periods.
Intangible Assets	INTANGIBLE ASSETS Intangible assets represent identifiable non-monetary assets and are acquired either separately or through a business combination, or internally generated software. The Bank’s intangible assets consist primarily of core deposit intangibles, credit card related intangibles, and software intangibles. Intangible assets are initially recognized at fair value and are amortized over their estimated useful lives (3 to 20 years) proportionate to their expected economic benefits, except for software which is amortized over its estimated useful life (3 to 7 years) on a straight-line basis. The Bank assesses its intangible assets for impairment on a quarterly basis. When impairment indicators are present, the recoverable amount of the asset, which is the higher of its estimated fair value less costs of disposal and its value-in-use, is determined. If the carrying amount of the asset is higher than its recoverable amount, the asset is written down to its recoverable amount. Where it is not possible to estimate the recoverable amount of an individual asset, the Bank estimates the recoverable amount of the CGU to which the asset belongs. If the CGU is not impaired, the useful life of the intangible asset is assessed with any changes applied on a prospective basis. An impairment loss is recognized on the Consolidated Statement of Income in the period in which the impairment is identified. Impairment losses recognized previously are assessed and reversed if the circumstances leading to the impairment are no longer present. Reversal of any impairment loss will not exceed the carrying amount of the intangible asset that would have been determined had no impairment loss been recognized for the asset in prior periods.
Land, Buildings, Equipments, And Other Depriciable Assets	LAND, BUILDINGS, EQUIPMENT, AND OTHER DEPRECIABLE ASSETS Land is recognized at cost. Buildings, computer equipment, furniture and fixtures, other equipment, and leasehold improvements are recognized at cost less accumulated depreciation and provisions for impairment, if any. Gains or losses on disposal are included in Non-interest income on the Consolidated Statement of Income. The Bank adopted IFRS 16, Leases The Bank records the obligation associated with the retirement of a long-lived asset at fair value in the period in which it is incurred and can be reasonably estimated, and records a corresponding increase to the carrying amount of the asset. The asset is depreciated on a straight-line basis over its remaining useful life while the liability is accreted to reflect the passage of time until the eventual settlement of the obligation. Depreciation is recognized on a straight-line basis over the useful lives of the assets estimated by asset category, as follows: Asset Useful Life Buildings 15 to 40 years Computer equipment 2 to 8 years Furniture and fixtures 3 to 15 years Other equipment 5 to 15 years Leasehold improvements Lesser of the remaining lease term and the remaining useful life of the asset The Bank assesses its depreciable assets for changes in useful life or impairment on a quarterly basis. Where an impairment indicator exists and the depreciable asset does not generate separate cash flows on a stand-alone basis, impairment is assessed based on the recoverable amount of the CGU to which the depreciable asset belongs. If the CGU is not impaired, the useful life of the depreciable asset is assessed with any changes applied on a prospective basis. Any impairment loss is recognized on the Consolidated Statement of Income in the period in which the impairment is identified. Impairment losses previously recognized are assessed and reversed if the circumstances leading to their impairment are no longer present. Reversal of any impairment loss will not exceed the carrying amount of the depreciable asset that would have been determined had no impairment loss been recognized for the asset in prior periods.
Non-Current Assets Held For Sale	NON-CURRENT ASSETS HELD-FOR-SALE Individual non-current assets or disposal groups are classified as held-for-sale if they are available for immediate sale in their present condition subject only to terms that are usual and customary for sales of such assets or disposal groups, and their sale must be highly probable to occur within one year. For a sale to be highly probable, management must be committed to a sales plan and initiate an active program to market the sale of the non-current assets or disposal groups. Non-current assets or disposal groups classified as held-for-sale are measured at the lower of their carrying amount and fair value less costs to sell on the Consolidated Balance Sheet. Write-downs on premises related non-current assets and write-downs on equipment on initial classification as held-for-sale are included in the line items Occupancy, including depreciation and Equipment, including depreciation, respectively; both of which are included in Non-interest expenses on the Consolidated Statement of Income. Subsequently, a non-current asset or disposal group that is held-for-sale is no longer depreciated or amortized, and any subsequent write-downs in fair value less costs to sell or such increases not in excess of cumulative write-downs, are recognized in Other income on the Consolidated Statement of Income.
Share-Based Compensation	SHARE-BASED COMPENSATION The Bank grants share options to certain employees as compensation for services provided to the Bank. The Bank uses a binomial tree-based valuation option pricing model to estimate fair value for all share option compensation awards. The cost of the share options is based on the fair value estimated at the grant date and is recognized as compensation expense and contributed surplus over the service period required for employees to become fully entitled to the awards. This period is generally equal to the vesting period in addition to a period prior to the grant date. For the Bank’s share options, this period is generally equal to five years. When options are exercised, the amount initially recognized in the contributed surplus balance is reduced, with a corresponding increase in common shares. The Bank has various other share-based compensation plans where certain employees are awarded share units equivalent to the Bank’s common shares as compensation for services provided to the Bank. The obligation related to share units is included in Other liabilities on the Consolidated Balance Sheet. Compensation expense is recognized based on the fair value of the share units at the grant date adjusted for changes in fair value between the grant date and the vesting date, net of hedging activities, over the service period required for employees to become fully entitled to the awards. This period is generally equal to the vesting period, in addition to a period prior to the grant date. For the Bank’s share units, this period is generally equal to four years.
Employee Benefits	EMPLOYEE BENEFITS Defined Benefit Plans Actuarial valuations are prepared at least every three years to determine the present value of the projected benefit obligation related to the Bank’s principal pension and non-pension The fair value of plan assets and the present value of the projected benefit obligation are measured as at October 31. The net defined benefit asset or liability represents the difference between the cumulative actuarial gains and losses, expenses, and recognized contributions and is reported in other assets or other liabilities. Net defined benefit assets recognized by the Bank are subject to a ceiling which limits the asset recognized on the Consolidated Balance Sheet to the amount that is recoverable through refunds of contributions or future contribution holidays. In addition, where a regulatory funding deficit exists related to a defined benefit plan, the Bank is required to record a liability equal to the present value of all future cash payments required to eliminate that deficit. Defined Contribution Plans For defined contribution plans, annual pension expense is equal to the Bank’s contributions to those plans.
Insurance	INSURANCE Premiums for short-duration insurance contracts are deferred as unearned premiums and reported in Non-interest income on the Consolidated Statement of Income on a straight-line basis over the contractual term of the underlying policies, usually twelve months. Such premiums are recognized net of amounts ceded for reinsurance and apply primarily to property and casualty contracts. Unearned premiums are reported in insurance-related liabilities, gross of premiums ceded to reinsurers which are recognized in other assets. Premiums from life and health insurance policies are recognized as income when earned in insurance revenue. For property and casualty insurance, insurance claims and policy benefit liabilities represent current claims and estimates for future claims related to insurable events occurring at or before the Consolidated Balance Sheet date. These are determined by the appointed actuary in accordance with accepted actuarial practices and are reported as other liabilities. Expected claims and policy benefit liabilities are determined on a case-by-case basis and consider such variables as past loss experience, current claims trends and changes in the prevailing social, economic, and legal environment. These liabilities are continually reviewed, and as experience develops and new information becomes known, the liabilities are adjusted as necessary. In addition to reported claims information, the liabilities recognized by the Bank include a provision to account for the future development of insurance claims, including insurance claims incurred but not reported by policyholders (IBNR). IBNR liabilities are evaluated based on historical development trends and actuarial methodologies for groups of claims with similar attributes. For life and health insurance, actuarial liabilities represent the present values of future policy cash flows as determined using standard actuarial valuation practices. Actuarial liabilities are reported in insurance-related liabilities with changes reported in insurance claims and related expenses.
Provisions	PROVISIONS Provisions are recognized when the Bank has a present obligation (legal or constructive) as a result of a past event, the amount of which can be reliably estimated, and it is probable that an outflow of resources will be required to settle the obligation. Provisions are measured based on management’s best estimate of the consideration required to settle the obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation. If the effect of the time value of money is material, provisions are measured at the present value of the expenditure expected to be required to settle the obligation, using a discount rate that reflects the current market assessment of the time value of money and the risks specific to the obligation.
Income Taxes	INCOME TAXES Income tax is comprised of current and deferred tax. Income tax is recognized in the Provision for (recovery of) income taxes on the Consolidated Statement of Income, except to the extent that it relates to items recognized in other comprehensive income or directly in equity, in which case the related taxes are also recognized in other comprehensive income or directly in equity, respectively. Deferred tax is recognized on temporary differences between the carrying amounts of assets and liabilities on the Consolidated Balance Sheet and the amounts attributed to such assets and liabilities for tax purposes. Deferred tax assets and liabilities are determined based on the tax rates that are expected to apply when the assets or liabilities are reported for tax purposes. Deferred tax assets are recognized only when it is probable that sufficient taxable profit will be available in future periods against which deductible temporary differences may be utilized. Deferred tax liabilities are not recognized on temporary differences arising on investments in subsidiaries, branches, and associates, and interests in joint ventures if the Bank controls the timing of the reversal of the temporary difference and it is probable that the temporary difference will not reverse in the foreseeable future. The Bank records a provision for uncertain tax positions if it is probable that the Bank will have to make a payment to tax authorities upon their examination of a tax position. This provision is measured at the Bank’s best estimate of the amount expected to be paid. Provisions are reversed in provision for (recovery of) income taxes in the period in which management determines they are no longer required or as determined by statute.
Leases	Leases In January 2016, the IASB issued IFRS 16, Leases Leases IFRS 16 introduces a single lessee accounting model for all leases by eliminating the distinction between operating and financing leases. IFRS 16 requires lessees to recognize ROU assets and lease liabilities for arrangements that meet the definition of a lease on the commencement date. The ROU asset is initially measured as the lease liability, subject to certain adjustments, if any, and is subsequently measured at such cost less accumulated depreciation and any related accumulated impairment. The lease liability is initially measured at the present value of the future lease payments over the remaining lease term and is discounted using the Bank’s incremental borrowing rate. The lease term includes renewal and termination options that the Bank is reasonably certain to exercise, and the lease liability is remeasured when there are adjustments to future lease payments, changes in the Bank’s assumptions or strategies relating to the exercise of purchase, extension, or termination options, or updates to the incremental borrowing rate. ROU assets are recorded in Land, buildings, equipment, and other depreciable assets and lease liabilities are included in Other liabilities on the Consolidated Balance Sheet. The Consolidated Statement of Income recognizes interest expense on lease liabilities, which is calculated on an EIR basis. Secondly, depreciation expense is recognized on the ROU assets and is calculated on a straight-line basis in non-interest expense. ROU assets are depreciated over the shorter of the useful life of the underlying asset and the lease term. Any changes in useful life are applied on a prospective basis. Previously, under IAS 17, net rental expense on operating leases was recorded in non-interest expense. The net impact of these changes shifts the timing and geography of expense recognition. Short-term leases, which are defined as those that have a lease term of twelve months or less, and leases of low-value assets are exempt, with their payments being recognized in Non-interest expense on a straight-line basis within the Bank’s Consolidated Statement of Income. Lessor accounting remains substantially unchanged. Upon transition to IFRS 16, the Bank adopted the new standard using the modified retrospective approach and recognized the cumulative effect of the transitional impact in opening retained earnings on November 1, 2019 with no restatement of comparative periods. The Bank has applied certain permitted practical expedients and elections including: using hindsight to determine the lease term where lease contracts contain options to extend or terminate; measuring the ROU asset retrospectively for certain leases; not reassessing contracts identified as leases under the previous accounting standards; not applying IFRS 16 to leases of intangible assets; and applying onerous lease provisions recognized as at October 31, 2019 as an alternative to performing an impairment review on the ROU assets as at November 1, 2019. The main impact of IFRS 16 was on the Bank’s real estate leases, which were previously classified as operating leases. The Bank also leases certain equipment and other assets. On November 1, 2019, the Bank recognized $4.46 billion of ROU assets, $5.66 billion of lease liabilities, and other balance sheet adjustments and reclassifications of $0.65 billion. The decrease in retained earnings was $0.55 billion after tax. The impact to Common Equity Tier 1 (CET1) capital was a decrease of 24 basis points (bps). The following table sets forth the adjustments to the Bank’s operating lease commitments disclosed under IAS 17 as at October 31, 2019, which were used to derive the lease liabilities recognized by the Bank as at November 1, 2019: (millions of Canadian dollars) Amount 1 Operating lease commitments disclosed as at October 31, 2019 $ 7,621 Commitments for leases that have not commenced at November 1, 2019, and commitments for non-lease payments 2 (2,577 ) Effect of recognition exemption for short-term and low value leases (29 ) Effect of extension and termination options reasonably certain to be exercised and other 4,732 Effect of discounting using the incremental borrowing rate 3 (4,083 ) Lease liabilities recognized as at November 1, 2019 $ 5,664 1 Certain amounts have been reclassified to conform with the presentation adopted in the current period. 2 Non-lease payments include taxes and estimated operating expenses. 3 The weighted average incremental borrowing rate was 2.8%.
Uncertainty over Income Tax Treatments	Uncertainty over Income Tax Treatments In June 2017, the IASB issued IFRIC (IFRS Interpretations Committee) Interpretation 23, Uncertainty over Income Tax Treatments, Income Taxes
IBOR Reform and its Effects on Financial Reporting	IBOR Reform and its Effects on Financial Reporting The IASB finalized its standard setting relating to the effects of IBOR reform and on August 27, 2020, the IASB issued Interest Rate Benchmark Reform – Phase 2, Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 Interest Rate Benchmark Reform, Amendments to IFRS 9, IAS 39, and IFRS 7 Interest Rate Benchmark Reform Phase 2 addresses issues affecting financial reporting when changes are made to contractual cash flows of financial instruments or hedging relationships as a result of IBOR reform. The amendments are effective for annual periods beginning on or after January 1, 2021, with early adoption permitted. The changes relate to the modification of financial assets, financial liabilities and lessee lease liabilities, as well as providing specific hedge accounting relief and disclosure requirements. The amendments permit modification to financial assets, financial liabilities and lessee lease liabilities required as a direct consequence of IBOR reform made on an economically equivalent basis to be accounted for by updating the EIR prospectively. If the modification does not meet the practical expedient requirements, existing IFRS requirements are applied. Reliefs are also provided for an entity’s hedge accounting relationships in circumstances when changes to hedged items and hedging instruments arise as a result of IBOR reform. The amendments enable entities to amend the formal designation and documentation of a hedging relationship to reflect these changes without discontinuing the hedging relationship or designating a new hedging relationship. Permitted changes include redefining the hedged risk to reference an ARR (contractually or non-contractually specified), amending the description of the hedged item and hedging instrument to reflect the ARR, and amending the description of how the entity will assess hedge effectiveness. Additional reliefs are also provided for specific hedge accounting requirements if certain conditions are met. Hedging relationships within the scope of Interest Rate Benchmark Reform Phase 2 are the same as those within the scope of Interest Rate Benchmark Reform Phase 1. Interest Rate Benchmark Reform Phase 2 also amended IFRS 7, introducing expanded qualitative and quantitative disclosures around the risks arising from IBOR reform, how an entity is managing those risks, its progress in completing the transition to ARRs, and how it is managing the transition.
Conceptual Framework for Financial Reporting	Conceptual Framework for Financial Reporting In March 2018, the IASB issued the revised Conceptual Framework for Financial Reporting (Revised Conceptual Framework), which provides a set of concepts to assist the IASB in developing standards and to help preparers consistently apply accounting policies where specific accounting standards do not exist. The framework is not an accounting standard and does not override the requirements that exist in other IFRS. The Revised Conceptual Framework describes that financial information must be relevant and faithfully represented to be useful, provides revised definitions and recognition criteria for assets and liabilities, and confirms that different measurement bases are useful and permitted. The Revised Conceptual Framework is effective for annual periods beginning on or after January 1, 2020, which will be November 1, 2020 for the Bank. The adoption of the Revised Conceptual Framework is not expected to have a significant impact on the Bank.
Business Combinations	Business Combinations In October 2018, the IASB issued a narrow-scope amendment to IFRS 3, Business Combinations business, not when acquiring a group of assets. The amendment to IFRS 3 are effective for annual reporting periods beginning on or after January 1, 2020, which will be November 1, 2020 for the Bank. These amendments will be applied prospectively and are not expected to have a significant impact on the Bank.
IFRS9 [member]
Statement [LineItems]
IFRS 9 Financial Instruments	IFRS 9 FINANCIAL INSTRUMENTS The Bank applies IFRS 9, Financial Instruments Financial Instruments: Recognition and Measurement Financial Instruments: Disclosures Various interest rates and other indices that are deemed to be “benchmarks” (including Interbank Offered Rate (IBOR) benchmarks) have been, and continue to be, the subject of international regulatory guidance and proposals for reform. Following the announcement by the U.K. Financial Conduct Authority (FCA) on July 27, 2017 indicating that the FCA would no longer compel banks to submit rates for the calculation of London Interbank Offered Rate (LIBOR) post December 31, 2021, efforts to transition away from IBORs to alternative reference rates (ARRs) have been continuing in various jurisdictions. These developments, and the related uncertainty over the potential variance in the timing and manner of implementation in each jurisdiction, introduce risks that may have adverse consequences on the Bank, its clients and the financial services industry. Moreover, the replacement of the IBORs or other benchmark rates could result in market dislocation and have other adverse consequences for market participants. The Bank has adopted Interest Rate Benchmark Reform, Amendments to IFRS 9, IAS 39 and IFRS 7 Refer to Note 4 for details of Interest Rate Benchmark Reform – Phase 2, Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 Classification and Measurement of Financial Assets The Bank classifies its financial assets into the following categories: • Amortized cost; • Fair value through other comprehensive income (FVOCI); • Held-for-trading; • Non-trading fair value through profit or loss (FVTPL); and • Designated at FVTPL. The Bank recognizes financial assets on a settlement date basis, except for derivatives and securities, which are recognized on a trade date basis. Debt Instruments The classification and measurement for debt instruments is based on the Bank’s business models for managing its financial assets and whether the contractual cash flows represent solely payments of principal and interest (SPPI). Refer to Note 3 for judgment with respect to the determination of the Bank's business models and whether contractual cashflows represent SPPI. The Bank has determined its business models as follows: • Held-to-collect: the objective is to collect contractual cash flows; • Held-to-collect-and-sell: the objective is both to collect contractual cash flows and sell the financial assets; and • Held-for-sale and other business models: the objective is neither of the above. The Bank performs the SPPI test for financial assets held within the held-to-collect and held-to-collect-and-sell business models. If these financial assets have contractual cash flows which are inconsistent with a basic lending arrangement, they are classified as non-trading financial assets measured at FVTPL. In a basic lending arrangement, interest includes only consideration for time value of money, credit risk, other basic lending risks, and a reasonable profit margin. Debt Securities and Loans Measured at Amortized Cost Debt securities and loans held within a held-to-collect business model where their contractual cash flows pass the SPPI test are measured at amortized cost. The carrying amount of these financial assets is adjusted by an allowance for credit losses recognized and measured as described in the Impairment – Expected Credit Loss Model Debt Securities and Loans Measured at Fair Value through Other Comprehensive Income Debt securities and loans held within a held-to-collect-and-sell business model where their contractual cash flows pass the SPPI test are measured at FVOCI. Fair value changes are recognized in other comprehensive income, except for impairment gains or losses, interest income and foreign exchange gains and losses on the instrument’s amortized cost, which are recognized in the Consolidated Statement of Income. The expected credit loss (ECL) allowance is recognized and measured as described in the Impairment – Expected Credit Loss Model Financial Assets Held-for-Trading The held-for-sale business model includes financial assets held within a trading portfolio, which have been originated, acquired, or incurred principally for the purpose of selling in the near term, or if they form part of a portfolio of identified financial instruments that are managed together and for which there is evidence of short-term profit-taking. Financial assets held within this business model consist of trading securities, trading loans, as well as certain debt securities and financing-type physical commodities that are recorded as securities purchased under reverse repurchase agreements on the Consolidated Balance Sheet. Trading portfolio assets are accounted for at fair value, with changes in fair value as well as any gains or losses realized on disposal recognized in trading income (loss). Transaction costs are expensed as incurred. Dividends are recognized on the ex-dividend date and interest is recognized on an accrual basis. Both dividends and interest are included in interest income. Non-Trading Financial Assets Measured at Fair Value through Profit or Loss Non-trading financial assets measured at FVTPL include financial assets held within the held-for-sale and other business models, for example debt securities and loans managed on a fair value basis. Financial assets held within the held-to-collect or held-to-collect-and-sell business models that do not pass the SPPI test are also classified as non-trading financial assets measured at FVTPL. Changes in fair value as well as any gains or losses realized on disposal are recognized in income (loss) from non-trading financial instruments at FVTPL. Interest income from debt instruments is included in interest income on an accrual basis. Financial Assets Designated at Fair Value through Profit or Loss Debt instruments in a held-to-collect or held-to-collect-and-sell business model can be designated at initial recognition as measured at FVTPL, provided the designation can eliminate or significantly reduce an accounting mismatch that would otherwise arise from measuring these financial assets on a different basis. The FVTPL designation is available only for those financial instruments for which a reliable estimate of fair value can be obtained. Once financial assets are designated at FVTPL, the designation is irrevocable. Changes in fair value as well as any gains or losses realized on disposal are recognized in income (loss) from financial instruments designated at FVTPL. Interest income from these financial assets is included in interest income on an accrual basis. Customers’ Liability under Acceptances Acceptances represent a form of negotiable short-term debt issued by customers, which the Bank guarantees for a fee. Revenue is recognized on an accrual basis. The potential obligation of the Bank is reported as a liability under Acceptances on the Consolidated Balance Sheet. The Bank’s recourse against the customer in the event of a call on any of these commitments is reported as an asset of the same amount. Equity Instruments Equity investments are required to be measured at FVTPL, except where the Bank has elected at initial recognition to irrevocably designate an equity investment, held for purposes other than trading, at FVOCI. If such an election is made, the fair value changes, including any associated foreign exchange gains or losses, are recognized in other comprehensive income and are not subsequently reclassified to net income, including upon disposal. Realized gains and losses are transferred directly to retained earnings upon disposal. Consequently, there is no review required for impairment. Dividends will normally be recognized in interest income unless the dividends represent a recovery of part of the cost of the investment. Gains and losses on trading and non-trading equity investments measured at FVTPL are included in trading income (loss) and income (loss) from non-trading financial instruments at FVTPL, respectively. Classification and Measurement for Financial Liabilities The Bank classifies its financial liabilities into the following categories: • Held-for-trading; • Designated at FVTPL; and • Other liabilities. Financial Liabilities Held-for-Trading Financial liabilities are held within a trading portfolio if they have been incurred principally for the purpose of repurchasing in the near term, or form part of a portfolio of identified financial instruments that are managed together and for which there is evidence of a recent actual pattern of short-term profit-taking. Financial liabilities held-for-trading are primarily trading deposits, securitization liabilities at fair value, obligations related to securities sold short and certain obligations related to securities sold under repurchase agreements. Trading portfolio liabilities are accounted for at fair value, with changes in fair value as well as any gains or losses realized on disposal recognized in trading income (loss). Transaction costs are expensed as incurred. Interest is recognized on an accrual basis and included in interest expense. Financial Liabilities Designated at Fair Value through Profit or Loss Certain financial liabilities may be designated at FVTPL at initial recognition. To be designated at FVTPL, financial liabilities must meet one of the following criteria: (1) the designation eliminates or significantly reduces a measurement or recognition inconsistency; (2) the financial liabilities or a group of financial assets and financial liabilities are managed, and its performance is evaluated, on a fair value basis in accordance with a documented risk management or investment strategy; or (3) the instrument contains one or more embedded derivatives unless a) the embedded derivative does not significantly modify the cash flows that otherwise would be required by the contract, or b) it is clear with little or no analysis that separation of the embedded derivative from the financial instrument is prohibited. In addition, the FVTPL designation is available only for those financial instruments for which a reliable estimate of fair value can be obtained. Once financial liabilities are designated at FVTPL, the designation is irrevocable. Financial liabilities designated at FVTPL are carried at fair value on the Consolidated Balance Sheet, with changes in fair value as well as any gains or losses realized on disposal recognized in income (loss) from financial instruments designated at FVTPL, except for the amount of change in fair value attributable to changes in the Bank’s own credit risk, which is presented in other comprehensive income. Amounts recognized in other comprehensive income are not subsequently reclassified to net income upon derecognition of the financial liability; instead, they are transferred directly to retained earnings. Changes in fair value attributable to changes in the Bank’s own credit risk are measured as the difference between: (i) the period-over-period change in the present value of the expected cash flows using an all-in discount curve reflecting both the interest rate benchmark curve and the Bank’s own credit risk; and (ii) the period-over-period change in the present value of the same expected cash flows using a discount curve based solely on the interest rate benchmark curve. Certain deposits are designated at FVTPL. For loan commitments and financial guarantee contracts that are designated at FVTPL, the full change in fair value of the liability is recognized in income (loss) from financial instruments designated at FVTPL. Interest is recognized on an accrual basis in interest expense. Other Financial Liabilities Deposits Deposits, other than deposits included in a trading portfolio and deposits designated at FVTPL, are accounted for at amortized cost. Accrued interest on deposits is included in Other liabilities on the Consolidated Balance Sheet. Interest, including capitalized transaction costs, is recognized on an accrual basis using EIRM as Interest expense on the Consolidated Statement of Income. Subordinated Notes and Debentures Subordinated notes and debentures are accounted for at amortized cost. Accrued interest on subordinated notes and debentures is included in Other liabilities on the Consolidated Balance Sheet. Interest, including capitalized transaction costs, is recognized on an accrual basis using EIRM as Interest expense on the Consolidated Statement of Income. Reclassification of Financial Assets and Liabilities Financial assets and financial liabilities are not reclassified subsequent to their initial recognition, except for financial assets for which the Bank changes its business model for managing financial assets. Such reclassifications of financial assets are expected to be rare in practice. Impairment – Expected Credit Loss Model The ECL model applies to financial assets, including loans and debt securities measured at amortized cost, loans and debt securities measured at FVOCI, loan commitments, and financial guarantees that are not measured at FVTPL. The ECL model consists of three stages: Stage 1 – twelve-month ECLs for performing financial assets, Stage 2 – Lifetime ECLs for financial assets that have experienced a significant increase in credit risk since initial recognition, and Stage 3 – Lifetime ECLs for financial assets that are credit-impaired. ECLs are the difference between all the contractual cash flows that are due to the Bank in accordance with the contract and all the cash flows the Bank expects to receive, discounted at the original EIR. If a significant increase in credit risk has occurred since initial recognition, impairment is measured as lifetime ECLs. Otherwise, impairment is measured as twelve-month ECLs which represent the portion of lifetime ECLs that are expected to occur based on default events that are possible within twelve months after the reporting date. If credit quality improves in a subsequent period such that the increase in credit risk since initial recognition is no longer considered significant, the loss allowance reverts to being measured based on twelve-month ECLs. Significant Increase in Credit Risk For retail exposures, significant increase in credit risk is assessed based on changes in the twelve-month probability of default (PD) since initial recognition, using a combination of individual and collective information that incorporates borrower and account specific attributes and relevant forward-looking macroeconomic variables. For non-retail exposures, significant increase in credit risk is assessed based on changes in the internal risk rating (borrower risk ratings (BRR)) since initial recognition. Refer to the shaded areas of the “Managing Risk” section of the 2020 MD&A for further details on the Bank’s 21-point BRR scale to risk levels. The Bank defines default as delinquency of 90 days or more for most retail products and BRR 9 for non-retail exposures. Exposures are considered credit-impaired and migrate to Stage 3 when the definition of default is met or when there is objective evidence that there has been a deterioration of credit quality to the extent the Bank no longer has reasonable assurance as to the timely collection of the full amount of principal and interest. When assessing whether there has been a significant increase in credit risk since initial recognition of a financial asset, the Bank considers all reasonable and supportable information that is available without undue cost or effort about past events, current conditions, and forecast of future economic conditions. Refer to Note 3 for additional details. Measurement of Expected Credit Losses ECLs are measured as the probability-weighted present value of expected cash shortfalls over the remaining expected life of the financial instrument and consider reasonable and supportable information about past events, current conditions, and forecasts of future events and economic conditions that impact the Bank’s credit risk assessment. Expected life is the maximum contractual period the Bank is exposed to credit risk, including extension options for which the borrower has unilateral right to exercise. For certain financial instruments that include both a loan and an undrawn commitment, and the Bank’s contractual ability to demand repayment and cancel the undrawn commitment does not limit the Bank’s exposure to credit losses to the contractual notice period, ECLs are measured over the period the Bank is exposed to credit risk. For example, ECLs for credit cards are measured over the borrowers’ expected behavioural life, incorporating survivorship assumptions and borrower-specific attributes. The Bank leverages its Advanced Internal Ratings-Based (AIRB) models used for regulatory capital purposes and incorporates adjustments where appropriate to calculate ECLs. Forward-Looking Information and Expert Credit Judgment Forward-looking information is considered when determining significant increase in credit risk and measuring ECLs. Forward-looking macroeconomic factors are incorporated in the risk parameters as relevant. Qualitative factors that are not already considered in the modelling are incorporated by exercising expert credit judgment in determining the final ECLs. Refer to Note 3 for additional details. Modified Loans In cases where a borrower experiences financial difficulties, the Bank may grant certain concessionary modifications to the terms and conditions of a loan. Modifications may include payment deferrals, extension of amortization periods, rate reductions, principal forgiveness, debt consolidation, forbearance and other modifications intended to minimize the economic loss and to avoid foreclosure or repossession of collateral. The Bank has policies in place to determine the appropriate remediation strategy based on the individual borrower. If the Bank determines that a modification results in expiry of cash flows, the original asset is derecognized while a new asset is recognized based on the new contractual terms. Significant increase in credit risk is assessed relative to the risk of default on the date of modification. If the Bank determines that a modification does not result in derecognition, significant increase in credit risk is assessed based on the risk of default at initial recognition of the original asset. Expected cash flows arising from the modified contractual terms are considered when calculating ECLs for the modified asset. For loans that were modified while having lifetime ECLs, the loans can revert to having twelve-month ECLs after a period of performance and improvement in the borrower’s financial condition. Allowance for Loan Losses, Excluding Acquired Credit-Impaired (ACI) Loans The allowance for loan losses represents management’s calculation of probability-weighted ECLs in the lending portfolios, including any off-balance sheet exposures, at the balance sheet date. The allowance for loan losses for lending portfolios reported on the Consolidated Balance Sheet, which includes credit-related allowances for residential mortgages, consumer instalment and other personal, credit card, and business and government loans, is deducted from Loans on the Consolidated Balance Sheet. The allowance for loan losses for loans measured at FVOCI is presented on the Consolidated Statement of Changes in Equity. The allowance for loan losses for off-balance sheet instruments, which relates to certain guarantees, letters of credit, and undrawn lines of credit, is recognized in Other liabilities on the Consolidated Balance Sheet. Allowances for lending portfolios reported on the balance sheet and off-balance sheet exposures are calculated using the same methodology. The allowance is increased by the provision for credit losses and decreased by write-offs net of recoveries and disposals. Each quarter, allowances are reassessed and adjusted based on any changes in management’s estimate of ECLs. Loan losses on impaired loans in Stage 3 continue to be recognized by means of an allowance for loan losses until a loan is written off. A loan is written off against the related allowance for loan losses when there is no realistic prospect of recovery. Non-retail loans are generally written off when all reasonable collection efforts have been exhausted, such as when a loan is sold, when all security has been realized, or when all security has been resolved with the receiver or bankruptcy court. Non-real estate retail loans are generally written off when contractual payments are 180 days past due, or when a loan is sold. Real-estate secured retail loans are generally written off when the security is realized. The time period over which the Bank performs collection activities of the contractual amount outstanding of financial assets that are written off varies from one jurisdiction to another and generally spans between less than one year to five years. Allowance for Credit Losses on Debt Securities The allowance for credit losses on debt securities represents management’s calculation of probability-weighted ECLs. Debt securities measured at amortized cost are presented net of the allowance for credit losses on the Consolidated Balance Sheet. The allowance for credit losses on debt securities measured at FVOCI are presented on the Consolidated Statement of Changes in Equity. The allowance for credit losses is increased by the provision for credit losses and decreased by write-offs net of recoveries and disposals. Each quarter, allowances are reassessed and adjusted based on any changes in management’s estimate of ECLs. Acquired Performing Loans Acquired performing loans are initially measured at fair value, which considers incurred and expected future credit losses estimated at the acquisition date and also reflects adjustments based on the acquired loan’s interest rate in comparison to current market rates. On acquisition, twelve-month ECLs are recognized on the acquired performing loans, resulting in the carrying amount being lower than fair value. Acquired performing loans are subsequently accounted for at amortized cost based on their contractual cash flows and any acquisition related discount or premium, including credit-related discounts, is considered to be an adjustment to the loan yield and is recognized in interest income using EIRM over the term of the loan, or the expected life of the loan for acquired performing loans with revolving terms. Acquired Credit-Impaired Loans When loans are acquired with evidence of incurred credit loss where it is probable at the purchase date that the Bank will be unable to collect all contractually required principal and interest payments, they are generally considered to be ACI loans, with no ECLs recognized on acquisition. ACI loans are identified as impaired at acquisition based on specific risk characteristics of the loans, including past due status, performance history, and recent borrower credit scores. ACI loans are accounted for based on the present value of expected cash flows as opposed to their contractual cash flows. The Bank determines the fair value of these loans at the acquisition date by discounting expected cash flows at a discount rate that reflects factors a market participant would use when determining fair value including management assumptions relating to default rates, loss severities, the amount and timing of prepayments, and other factors that are reflective of current market conditions. With respect to certain individually significant ACI loans, accounting is applied individually at the loan level. The remaining ACI loans are aggregated provided they are acquired in the same fiscal quarter and have common risk characteristics. Aggregated loans are accounted for as a single asset with aggregated cash flows and a single composite interest rate. Subsequent to acquisition, the Bank regularly reassesses and updates its cash flow estimates for changes to assumptions relating to default rates, loss severities, the amount and timing of prepayments, and other factors that are reflective of current market conditions. Probable decreases in expected cash flows trigger the recognition of additional impairment, which is measured based on the present value of the revised expected cash flows discounted at the loan’s effective interest rate as compared to the carrying value of the loan. The ECL in excess of the initial credit-related discount is recorded through the provision for credit losses. Interest income on ACI loans is calculated by multiplying the credit-adjusted EIR to the amortized cost of ACI loans.
IFRS 17 [member]
Statement [LineItems]
Insurance	Insurance Contracts The IASB issued IFRS 17, Insurance Contracts Insurance Contracts

IFRS 7 Disclosure (Tables)

IFRS 7 Disclosure (Tables)	12 Months Ended
	Oct. 31, 2020
Statement [LineItems]
Schedule of Probability Of Default Risk Ranges	The following table maps PD ranges to risk levels: Risk Assessment PD Segment PD Range Low Risk 1 0.00 to 0.15% Normal Risk 2 3 0.16 to 0.41 0.42 to 1.10 Medium Risk 4 5 1.11 to 2.93 2.94 to 4.74 High Risk 6 7 8 4.75 to 7.59 7.60 to 18.24 18.25 to 99.99 Default 9 100.00
Credit Risk Exposures Subject to the TSA	The Bank applies the following risk weights to on-balance Sovereign 0 % 1 Bank 20 % 1 Corporate 100 % 1 The risk weight may vary according to the external risk rating.
Portfolio Market Risk Measures	TABLE 44: PORTFOLIO MARKET RISK MEASURES (millions of Canadian dollars) 2020 2019 As at Average High Low As at Average High Low Interest rate risk $ 20.6 $ 19.1 $ 36.8 $ 7.6 $ 8.6 $ 9.4 $ 17.2 $ 4.3 Credit spread risk 37.3 35.1 109.3 6.9 13.8 13.2 22.5 7.5 Equity risk 12.0 12.7 42.8 3.5 7.1 6.5 11.5 3.6 Foreign exchange risk 4.0 3.9 10.4 0.9 4.3 4.7 10.2 1.0 Commodity risk 3.8 3.7 7.9 1.2 2.2 2.1 4.8 1.0 Idiosyncratic debt specific risk 48.9 37.0 69.5 10.9 16.5 15.6 23.5 10.6 Diversification effect 1 (75.2 ) (64.9 ) n/m 2 n/m (32.1 ) (30.3 ) n/m n/m Total Value-at-Risk (one-day) 51.4 46.6 118.8 15.1 20.4 21.2 31.8 13.6 Stressed Value-at-Risk (one-day) 49.5 57.4 126.9 31.3 51.5 47.9 84.4 33.4 Incremental Risk Capital Charge (one-year) 301.6 325.2 482.9 164.8 230.7 225.0 279.6 173.1 1 The aggregate VaR is less than the sum of the VaR of the different risk types due to risk offsets resulting from portfolio diversification. 2 Not meaningful. It is not meaningful to compute a diversification effect because the high and low may occur on different days for different risk types.
Structural Interest Rate Sensitivity Measures	TABLE 45: STRUCTURAL INTEREST RATE SENSITIVITY MEASURES (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 EVE Sensitivity NII 1 Sensitivity EVE NII Canada U.S. Total Canada U.S. Total Total Total Before-tax 100 bps increase in rates $ (19 ) $ (1,857 ) $ (1,876 ) $ 926 $ 1,000 $ 1,926 $ (1,832 ) $ 890 100 bps decrease in rates (244 ) 521 277 (459 ) (413 ) (872 ) 618 (1,231 ) 1 Represents the twelve-month NII exposure to an immediate and sustained shock in rates.
Summary of Liquid Assets by Type and Currency	TABLE 46: SUMMARY OF LIQUID ASSETS BY TYPE AND CURRENCY 1,2 (millions of Canadian dollars, except as noted) As at Bank-owned Securities Total % of Encumbered Unencumbered October 31, 2020 Cash and central bank reserves $ 94,640 $ – $ 94,640 11 % $ 1,689 $ 92,951 Canadian government obligations 39,008 83,258 122,266 14 80,934 41,332 National Housing Act Mortgage-Backed Securities (NHA MBS) 30,763 23 30,786 3 2,294 28,492 Provincial government obligations 18,862 24,141 43,003 5 32,812 10,191 Corporate issuer obligations 11,310 2,841 14,151 1 2,331 11,820 Equities 13,146 2,618 15,764 2 8,248 7,516 Other marketable securities and/or loans 4,137 300 4,437 1 2,178 2,259 Total Canadian dollar-denominated 211,866 113,181 325,047 37 130,486 194,561 Cash and central bank reserves 68,783 – 68,783 8 51 68,732 U.S. government obligations 82,701 53,755 136,456 15 53,585 82,871 U.S. federal agency obligations, including U.S. federal agency mortgage-backed obligations 74,131 9,566 83,697 9 21,495 62,202 Other sovereign obligations 56,533 55,432 111,965 13 49,546 62,419 Corporate issuer obligations 77,319 2,108 79,427 9 8,297 71,130 Equities 29,758 38,684 68,442 8 36,716 31,726 Other marketable securities and/or loans 7,457 17 7,474 1 225 7,249 Total non-Canadian 396,682 159,562 556,244 63 169,915 386,329 Total $ 608,548 $ 272,743 $ 881,291 100 % $ 300,401 $ 580,890 October 31, 2019 Cash and central bank reserves $ 5,140 $ – $ 5,140 1 % $ 566 $ 4,574 Canadian government obligations 13,872 77,275 91,147 14 56,337 34,810 NHA MBS 38,138 15 38,153 6 3,816 34,337 Provincial government obligations 15,679 25,151 40,830 6 31,287 9,543 Corporate issuer obligations 11,149 3,623 14,772 2 3,882 10,890 Equities 13,636 2,770 16,406 3 11,225 5,181 Other marketable securities and/or loans 2,512 311 2,823 – 1,078 1,745 Total Canadian dollar-denominated 100,126 109,145 209,271 32 108,191 101,080 Cash and central bank reserves 19,225 – 19,225 3 33 19,192 U.S. government obligations 34,103 47,803 81,906 13 37,367 44,539 U.S. federal agency obligations, including U.S. federal agency mortgage-backed obligations 58,222 11,873 70,095 11 20,939 49,156 Other sovereign obligations 47,854 49,304 97,158 15 39,500 57,658 Corporate issuer obligations 84,835 1,856 86,691 13 7,070 79,621 Equities 40,550 34,607 75,157 12 39,403 35,754 Other marketable securities and/or loans 4,658 667 5,325 1 712 4,613 Total non-Canadian 289,447 146,110 435,557 68 145,024 290,533 Total $ 389,573 $ 255,255 $ 644,828 100 % $ 253,215 $ 391,613 1 Positions stated include gross asset values pertaining to securities financing transactions. 2 Liquid assets include collateral received that can be re-hypothecated
Summary of Unencumbered Liquid Assets by Bank, Subsidiaries, and Branches	TABLE 47: SUMMARY OF UNENCUMBERED LIQUID ASSETS BY BANK, SUBSIDIARIES, AND BRANCHES (millions of Canadian dollars) As at October 31 October 31 The Toronto-Dominion Bank (Parent) $ 230,369 $ 139,550 Bank subsidiaries 334,308 228,978 Foreign branches 16,213 23,085 Total $ 580,890 $ 391,613
Summary of Deposit Funding	TABLE 54: SUMMARY OF DEPOSIT FUNDING (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 P&C deposits – Canadian Retail $ 471,543 $ 382,252 P&C deposits – U.S. Retail 477,738 360,761 Other deposits – 23 Total $ 949,281 $ 743,036
Summary of Remaining Contractual Maturity	TABLE 57: REMAINING CONTRACTUAL MATURITY (millions of Canadian dollars) As at October 31, 2020 Less than 1 to 3 months 3 to 6 months 6 to 9 months 9 months to 1 year Over 1 to 2 years Over 2 to 5 years Over No specific maturity Total Assets Cash and due from banks $ 6,437 $ 8 $ – $ – $ – $ – $ – $ – $ – $ 6,445 Interest-bearing deposits with banks 161,326 656 – – – – – – 2,167 164,149 Trading loans, securities, and other 1 4,363 6,920 7,866 6,913 3,867 9,732 23,624 27,554 57,479 148,318 Non-trading 80 – 600 2,271 69 1,430 1,425 1,879 794 8,548 Derivatives 5,299 7,167 4,554 2,810 2,525 6,314 10,004 15,569 – 54,242 Financial assets designated at fair value through profit or loss 820 183 631 234 107 930 1,253 581 – 4,739 Financial assets at fair value through other comprehensive income 2,501 2,799 8,490 6,101 4,886 25,305 23,667 26,957 2,579 103,285 Debt securities at amortized cost, net of allowance for credit losses 6,444 23,449 16,052 5,855 5,498 12,386 62,145 95,852 (2 ) 227,679 Securities purchased under reverse repurchase agreements 2 98,721 30,246 23,879 11,776 4,204 29 307 – – 169,162 Loans Residential mortgages 472 2,845 7,286 9,994 10,481 38,182 138,912 44,047 – 252,219 Consumer instalment and other personal 706 1,423 3,437 3,941 3,893 14,594 68,961 28,038 60,467 185,460 Credit card – – – – – – – – 32,334 32,334 Business and government 27,193 4,938 8,973 11,653 8,672 35,439 70,478 65,144 23,309 255,799 Total loans 28,371 9,206 19,696 25,588 23,046 88,215 278,351 137,229 116,110 725,812 Allowance for loan losses – – – – – – – – (8,289 ) (8,289 ) Loans, net of allowance for loan losses 28,371 9,206 19,696 25,588 23,046 88,215 278,351 137,229 107,821 717,523 Customers’ liability under acceptances 12,699 2,036 204 2 – – – – – 14,941 Investment in Schwab – – – – – – – – 12,174 12,174 Goodwill 3 – – – – – – – – 17,148 17,148 Other intangibles 3 – – – – – – – – 2,125 2,125 Land, buildings, equipment, and other depreciable assets 3,4 – 1 6 91 9 29 299 4,384 5,317 10,136 Deferred tax assets – – – – – – – – 2,444 2,444 Amounts receivable from brokers, dealers, and clients 33,951 – – – – – – – – 33,951 Other assets 3,521 1,060 643 2,783 470 150 125 171 9,933 18,856 Total assets $ 364,533 $ 83,731 $ 82,621 $ 64,424 $ 44,681 $ 144,520 $ 401,200 $ 310,176 $ 219,979 $ 1,715,865 Liabilities Trading deposits $ 1,802 $ 2,429 $ 2,065 $ 3,057 $ 1,639 $ 3,510 $ 3,455 $ 1,220 $ – $ 19,177 Derivatives 4,718 6,783 3,997 1,917 2,012 5,438 11,084 17,254 – 53,203 Securitization liabilities at fair value – 608 243 652 345 2,495 6,706 2,669 – 13,718 Financial liabilities designated at fair value through profit or loss 18,654 7,290 12,563 15,892 5,251 – 4 11 – 59,665 Deposits 5,6 Personal 6,240 8,996 9,139 9,550 7,288 10,095 7,923 37 565,932 625,200 Banks 12,870 1,592 313 56 28 – 4 5 14,101 28,969 Business and government 25,387 24,703 24,841 15,274 7,214 14,378 52,852 3,386 313,129 481,164 Total deposits 44,497 35,291 34,293 24,880 14,530 24,473 60,779 3,428 893,162 1,135,333 Acceptances 12,699 2,036 204 2 – – – – – 14,941 Obligations related to securities sold short 1 698 1,095 993 823 707 4,888 9,789 14,986 1,020 34,999 Obligations related to securities sold under repurchase agreements 2 122,433 23,944 30,879 1,791 4,952 4,873 4 – – 188,876 Securitization liabilities at amortized cost – 1,055 221 422 404 1,642 8,799 3,225 – 15,768 Amounts payable to brokers, dealers, and clients 35,143 – – – – – – – – 35,143 Insurance-related liabilities 306 350 382 316 305 963 1,676 1,033 2,259 7,590 Other liabilities 4 7,672 3,630 1,744 701 1,048 1,304 1,402 5,633 7,342 30,476 Subordinated notes and debentures – – – – – – 200 11,277 – 11,477 Equity – – – – – – – – 95,499 95,499 Total liabilities and equity $ 248,622 $ 84,511 $ 87,584 $ 50,453 $ 31,193 $ 49,586 $ 103,898 $ 60,736 $ 999,282 $ 1,715,865 Off-balance Credit and liquidity commitments 7,8 $ 19,568 $ 23,526 $ 25,918 $ 20,089 $ 14,289 $ 43,760 $ 107,951 $ 4,343 $ 1,309 $ 260,753 Other commitments 9 77 169 183 188 165 657 875 553 – 2,867 Unconsolidated structured entity commitments 903 342 1,367 227 408 – – – – 3,247 Total off-balance $ 20,548 $ 24,037 $ 27,468 $ 20,504 $ 14,862 $ 44,417 $ 108,826 $ 4,896 $ 1,309 $ 266,867 1   2   3   non-financial 4   5   non-specific 6   7   8   9                              TABLE 57: REMAINING CONTRACTUAL MATURITY 1 (millions of Canadian dollars) As at October 31, 2019 Less than 1 to 3 months 3 to 6 months 6 to 9 months 9 months to 1 year Over 1 to Over 2 to Over 5 years No specific maturity Total Assets Cash and due from banks $ 4,857 $ 6 $ – $ – $ – $ – $ – $ – $ – $ 4,863 Interest-bearing deposits with banks 23,412 1,137 77 – – – – – 957 25,583 Trading loans, securities, and other 2 1,197 3,990 3,916 3,171 2,873 15,672 25,939 19,014 70,228 146,000 Non-trading 147 2 37 668 314 1,301 1,803 1,488 743 6,503 Derivatives 5,786 8,472 3,255 2,109 2,222 5,610 8,652 12,788 – 48,894 Financial assets designated at fair value through profit or loss 195 696 156 82 83 404 1,725 699 – 4,040 Financial assets at fair value through other comprehensive income 1,431 3,818 4,161 6,339 6,426 18,205 40,289 28,594 1,841 111,104 Debt securities at amortized cost, net of allowance for credit losses 1,878 5,233 2,254 1,050 764 8,791 45,127 65,401 (1 ) 130,497 Securities purchased under reverse repurchase agreements 3 98,904 34,839 24,000 6,331 1,765 44 52 – – 165,935 Loans Residential mortgages 2,006 5,595 8,013 9,832 11,719 34,029 101,591 62,855 – 235,640 Consumer instalment and other personal 850 1,819 3,170 3,620 3,544 17,256 61,736 28,236 60,103 180,334 Credit card – – – – – – – – 36,564 36,564 Business and government 29,460 5,573 7,970 9,496 8,830 21,078 71,071 61,266 21,773 236,517 Total loans 32,316 12,987 19,153 22,948 24,093 72,363 234,398 152,357 118,440 689,055 Allowance for loan losses – – – – – – – – (4,447 ) (4,447 ) Loans, net of allowance for loan losses 32,316 12,987 19,153 22,948 24,093 72,363 234,398 152,357 113,993 684,608 Customers’ liability under acceptances 11,127 2,211 152 4 – – – – – 13,494 Investment in TD Ameritrade – – – – – – – – 9,316 9,316 Goodwill 4 – – – – – – – – 16,976 16,976 Other intangibles 4 – – – – – – – – 2,503 2,503 Land, buildings, equipment, and other depreciable assets 4 – – – – – – – – 5,513 5,513 Deferred tax assets – – – – – – – – 1,799 1,799 Amounts receivable from brokers, dealers, and clients 20,575 – – – – – – – – 20,575 Other assets 2,548 1,391 2,830 168 103 169 157 97 9,624 17,087 Total assets $ 204,373 $ 74,782 $ 59,991 $ 42,870 $ 38,643 $ 122,559 $ 358,142 $ 280,438 $ 233,492 $ 1,415,290 Liabilities Trading deposits $ 5,837 $ 3,025 $ 4,166 $ 2,606 $ 3,185 $ 2,430 $ 4,014 $ 1,622 $ – $ 26,885 Derivatives 7,180 7,968 3,603 2,062 1,763 5,546 8,148 13,781 – 50,051 Securitization liabilities at fair value – 668 412 494 387 1,656 7,499 1,942 – 13,058 Financial liabilities designated at fair value through profit or loss 22,193 25,370 15,799 20,496 20,907 356 1 9 – 105,131 Deposits 5,6 Personal 5,218 8,990 9,459 7,691 7,583 9,374 9,670 21 445,424 503,430 Banks 6,771 1,459 150 1 6 – 3 7 8,354 16,751 Business and government 7 18,576 10,049 7,569 10,482 10,670 34,130 46,188 7,594 221,538 366,796 Total deposits 30,565 20,498 17,178 18,174 18,259 43,504 55,861 7,622 675,316 886,977 Acceptances 11,127 2,211 152 4 – – – – – 13,494 Obligations related to securities sold short 2 384 654 398 819 1,171 3,351 9,882 12,115 882 29,656 Obligations related to securities sold under repurchase agreements 3 101,856 20,224 2,993 694 30 47 12 – – 125,856 Securitization liabilities at amortized cost – 513 1,274 355 342 2,098 6,586 2,918 – 14,086 Amounts payable to brokers, dealers, and clients 23,746 – – – – – – – – 23,746 Insurance-related liabilities 190 315 388 330 318 940 1,612 874 1,953 6,920 Other liabilities 8 2,845 3,142 1,334 1,293 641 3,339 1,663 138 6,609 21,004 Subordinated notes and debentures – – – – – – – 10,725 – 10,725 Equity – – – – – – – – 87,701 87,701 Total liabilities and equity $ 205,923 $ 84,588 $ 47,697 $ 47,327 $ 47,003 $ 63,267 $ 95,278 $ 51,746 $ 772,461 $ 1,415,290 Off-balance Credit and liquidity commitments 9,10 $ 19,388 $ 21,652 $ 18,391 $ 13,537 $ 12,034 $ 27,207 $ 111,281 $ 5,856 $ 1,294 $ 230,640 Operating lease commitments 11 82 165 250 247 244 936 2,332 3,365 – 7,621 Other purchase obligations 82 182 185 206 177 753 1,031 556 – 3,172 Unconsolidated structured entity commitments 408 793 1,360 461 97 81 – – – 3,200 Total off-balance $ 19,960 $ 22,792 $ 20,186 $ 14,451 $ 12,552 $ 28,977 $ 114,644 $ 9,777 $ 1,294 $ 244,633 1 Certain comparative amounts have been reclassified to conform with the presentation adopted in the current period. 2 Amount has been recorded according to the remaining contractual maturity of the underlying security. 3 Certain contracts considered short-term are presented in ‘less than 1 month’ category. 4 Certain non-financial 5 As the timing of demand deposits and notice deposits is non-specific 6 Includes $40 billion of covered bonds with remaining contractual maturities of $1 billion in less than 1 month, $2 billion in over 3 months to 6 months, $2 billion in over 6 months to 9 months, $14 billion in ‘over 1 to 2 years’, $18 billion in ‘over 2 to 5 years’, and $3 billion in ‘over 5 years’. 7 On June 30, 2019, TD Capital Trust IV redeemed all of the outstanding $550 million TD Capital Trust IV Notes – Series 1 at a redemption price of 100% of the principal amount plus any accrued and unpaid interest payable on the date of redemption. 8 Includes $83 million of capital lease commitments with remaining contractual maturities of $2 million in ‘less than 1 month’, $4 million in ‘1 month to 3 months’, $5 million in ‘3 months to 6 months’, $5 million in ‘6 months to 9 months’, $5 million in ‘9 months to 1 year’, $22 million in ‘over 1 to 2 years’, $39 million in ‘over 2 to 5 years’, and $1 million in ‘over 5 years’. 9 Includes $374 million in commitments to extend credit to private equity investments. 10 Commitments to extend credit exclude personal lines of credit and credit card lines, which are unconditionally cancellable at the Bank’s discretion at any time. 11 Includes rental payments, related taxes, and estimated operating expenses.
Borrower risk rating [member]
Statement [LineItems]
Schedule of BRR Scale Aligned to External Ratings	TD’s 21-point Description Rating Category Standard & Poor s Moody s Investor Services Investment grade 0 to 1C AAA to AA- Aaa to Aa3 2A to 2C A+ to A- A1 to A3 3A to 3C BBB+ to BBB- Baa1 to Baa3 Non-investment 4A to 4C BB+ to BB- Ba1 to Ba3 5A to 5C B+ to B- B1 to B3 Watch and classified 6 to 8 CCC+ to CC and below Caa1 to Ca and below Impaired/default 9A to 9B Default Default

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Schedule of Useful Lives of Assets Estimated by Asset Category	Depreciation is recognized on a straight-line basis over the useful lives of the assets estimated by asset category, as follows: Asset Useful Life Buildings 15 to 40 years Computer equipment 2 to 8 years Furniture and fixtures 3 to 15 years Other equipment 5 to 15 years Leasehold improvements Lesser of the remaining lease term and the remaining useful life of the asset

Current and Future Changes in_2

Current and Future Changes in Accounting Policies (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Transition of Operating Lease Commitments (IAS 17) to Lease Liabilities (IFRS 16)	The following table sets forth the adjustments to the Bank’s operating lease commitments disclosed under IAS 17 as at October 31, 2019, which were used to derive the lease liabilities recognized by the Bank as at November 1, 2019: (millions of Canadian dollars) Amount 1 Operating lease commitments disclosed as at October 31, 2019 $ 7,621 Commitments for leases that have not commenced at November 1, 2019, and commitments for non-lease payments 2 (2,577 ) Effect of recognition exemption for short-term and low value leases (29 ) Effect of extension and termination options reasonably certain to be exercised and other 4,732 Effect of discounting using the incremental borrowing rate 3 (4,083 ) Lease liabilities recognized as at November 1, 2019 $ 5,664 1 Certain amounts have been reclassified to conform with the presentation adopted in the current period. 2 Non-lease payments include taxes and estimated operating expenses. 3 The weighted average incremental borrowing rate was 2.8%.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Oct. 31, 2020
Statement [LineItems]
Schedule of Financial Assets and Liabilities not Carried at Fair Value	Financial Assets and Liabilities not carried at Fair Value 1 (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Carrying Fair value Carrying Fair value FINANCIAL ASSETS Debt securities at amortized cost, net of allowance for credit losses Government and government-related securities $ 174,592 $ 175,500 $ 78,275 $ 78,374 Other debt securities 53,087 53,373 52,222 52,370 Total debt securities at amortized cost, net of allowance for credit losses 227,679 228,873 130,497 130,744 Total loans, net of allowance for loan losses 717,523 727,197 684,608 688,154 Total financial assets not carried at fair value $ 945,202 $ 956,070 $ 815,105 $ 818,898 FINANCIAL LIABILITIES Deposits $ 1,135,333 $ 1,137,624 $ 886,977 $ 892,597 Securitization liabilities at amortized cost 15,768 16,143 14,086 14,258 Subordinated notes and debentures 11,477 12,374 10,725 11,323 Total financial liabilities not carried at fair value $ 1,162,578 $ 1,166,141 $ 911,788 $ 918,178 1 This table excludes financial assets and liabilities where the carrying amount is a reasonable approximation of fair value.
Schedule of Reconciliation of Changes in Fair Value for Level 3 Assets and Liabilities	Reconciliation of Changes in Fair Value for Level 3 Assets and Liabilities (millions of Canadian dollars) Fair value as at Total realized and Movements Transfers Fair value as at Change in 5 Included 1 Included 2,3 Purchases/ Sales/ 4 Into Out of FINANCIAL ASSETS Trading loans, securities, Government and government- Canadian government debt Provinces $ 8 $ – $ – $ – $ (8 ) $ – $ – $ – $ – U.S. federal, state, municipal governments and agencies debt – (1 ) – – – 17 – 16 – Other debt securities Canadian issuers 3 – – – (1 ) 2 (2 ) 2 – Other issuers 1 – – 29 (40 ) 16 (5 ) 1 – 12 (1 ) – 29 (49 ) 35 (7 ) 19 – Non-trading financial assets at Securities 493 12 – 118 (52 ) – – 571 (2 ) Loans 5 – – – (2 ) – – 3 – 498 12 – 118 (54 ) – – 574 (2 ) Financial assets at fair value Government and government- Other OECD government – – – – – – – – – Other debt securities Asset-backed securities – – – – – – – – – Corporate and other debt 24 – (4 ) – – – – 20 (4 ) Equity securities Common shares 1,507 – (4 ) 48 2 – – 1,553 (4 ) Preferred shares 44 – (19 ) 2 (1 ) – – 26 (20 ) $ 1,575 $ – $ (27 ) $ 50 $ 1 $ – $ – $ 1,599 $ (28 ) FINANCIAL LIABILITIES Trading deposits 6 $ (4,092 ) $ 214 $ – $ (3,334 ) $ 2,558 $ (3 ) $ 8 $ (4,649 ) $ 328 Derivatives 7 Interest rate contracts (83 ) (43 ) – – 30 – – (96 ) (17 ) Foreign exchange contracts (1 ) 2 – – – 1 – 2 1 Equity contracts (925 ) 172 – (101 ) 146 (1 ) 2 (707 ) 172 Commodity contracts (17 ) (42 ) – – 41 – – (18 ) (16 ) (1,026 ) 89 – (101 ) 217 – 2 (819 ) 140 Financial liabilities (21 ) 112 – (202 ) 87 – – (24 ) 112 Obligations related to securities – – – – – (6 ) 6 – – 1 Gains/losses on financial assets and liabilities are recognized within Non-interest income on the Consolidated Statement of Income. 2 Other comprehensive income. 3 Includes realized gains/losses transferred to retained earnings on disposal of equities designated at FVOCI. Refer to Note 7 for further details. 4 Includes foreign exchange. 5 Changes in unrealized gains/losses on financial assets at FVOCI are recognized in AOCI. 6 Issuances and repurchases of trading deposits are reported on a gross basis. 7 As at October 31, 2020, consists of derivative assets of $0.4 billion (November 1, 2019 – $0.6 billion) and derivative liabilities of $1.2 billion (November 1, 2019 – $1.6 billion), which have been netted in this table for presentation purposes only. Reconciliation of Changes in Fair Value for Level 3 Assets and Liabilities (millions of Canadian dollars) Fair value as at November 1 Total realized and Movements Transfers Fair value as at October 31 Change in instruments 5 Included 1 Included 2,3 Purchases/ Sales/ 4 Into Out of FINANCIAL ASSETS Trading loans, securities, Government and government- Canadian government debt Provinces $ 3 $ – $ – $ – $ (50 ) $ 55 $ – $ 8 $ – Other debt securities Canadian issuers 1 – – 1 (2 ) 4 (1 ) 3 – Other issuers 16 1 – 2 (24 ) 20 (14 ) 1 – 20 1 – 3 (76 ) 79 (15 ) 12 – Non-trading Securities 408 97 – 317 (329 ) – – 493 20 Loans 19 4 – 5 (23 ) – – 5 1 427 101 – 322 (352 ) – – 498 21 Financial assets at fair value Government and government- Other OECD government 200 24 – – (224 ) – – – – Other debt securities Asset-backed securities 562 – – – – – (562 ) – – Corporate and other debt 24 – – – – – – 24 – Equity securities Common shares 1,492 – (3 ) 31 (13 ) – – 1,507 (4 ) Preferred shares 135 – (16 ) 1 (75 ) – (1 ) 44 (23 ) $ 2,413 $ 24 $ (19 ) $ 32 $ (312 ) $ – $ (563 ) $ 1,575 $ (27 ) FINANCIAL LIABILITIES Trading deposits 6 $ (3,024 ) $ (380 ) $ – $ (2,030 ) $ 1,342 $ – $ – $ (4,092 ) $ (243 ) Derivatives 7 Interest rate contracts (63 ) (22 ) – – 6 (4 ) – (83 ) (32 ) Foreign exchange contracts 1 – – – – (5 ) 3 (1 ) (1 ) Equity contracts (624 ) (472 ) – (127 ) 298 – – (925 ) (460 ) Commodity contracts 27 (33 ) – – (11 ) – – (17 ) (20 ) (659 ) (527 ) – (127 ) 293 (9 ) 3 (1,026 ) (513 ) Financial liabilities (14 ) 104 – (187 ) 76 – – (21 ) 65 Obligations related to securities – – – 1 – – (1 ) – – 1 Gains/losses on financial assets and liabilities are recognized within Non-interest income on the Consolidated Statement of Income. 2 Other comprehensive income. 3 Includes realized gains/losses transferred to retained earnings on disposal of equities designated at FVOCI. Refer to Note 7 for further details. 4 Includes foreign exchange. 5 Changes in unrealized gains/losses on financial assets at FVOCI are recognized in AOCI. 6 Issuances and repurchases of trading deposits are reported on a gross basis. 7 As at October 31, 2019, consists of derivative assets of $0.6 billion (November 1, 2018 – $0.5 billion) and derivative liabilities of $1.6 billion (November 1, 2018 – $1.2 billion), which have been netted in this table for presentation purposes only.
Summary of Quantitative Information about Fair Value Measurements Using Significant Unobservable Inputs (Level 3 Instruments)	Valuation Techniques and Inputs Used in the Fair Value Measurement of Level 3 Assets and Liabilities As at October 31, 2020 October 31, 2019 Valuation technique Significant unobservable Lower Upper Lower Upper range Unit Government and government-related securities Market comparable Bond price equivalent 19 116 101 158 points Other debt securities Market comparable Bond price equivalent – 111 – 113 points Equity securities 1 Market comparable New issue price 100 100 100 100 % Discounted cash flow Discount rate 9 9 9 9 % EBITDA multiple Earnings multiple n/a n/a 3.5 3.5 times Market comparable Price equivalent 23 23 79 80 % Non-trading financial assets at fair value through profit or loss Market comparable New issue price 100 100 100 100 % Discounted cash flow Discount rates 20 20 8 20 % EBITDA multiple Earnings multiple 1.5 16.0 1.1 6.7 times Price-based Net Asset Value 2 n/a n/a n/a n/a Derivatives Interest rate contracts Swaption model Currency-specific volatility n/a n/a 27 325 % Discounted cash flow Inflation rate swap curve 1 2 1 2 % Option model Funding ratio 60 75 60 75 % Foreign exchange contracts Option model Currency-specific volatility 4 18 4 12 % Equity contracts Option model Price correlation (16 ) 95 (19 ) 97 % Quanto correlation 10 68 10 68 % Dividend yield – 10 – 8 % Equity volatility 8 117 7 124 % Market comparable New issue price 100 100 100 100 % Commodity contracts Option model Quanto correlation (66 ) (46 ) (66 ) (46 ) % Swaption correlation 73 85 44 56 % Trading deposits Option model Price correlation (16 ) 98 (19 ) 97 % Quanto correlation (35 ) 68 (43 ) 68 % Dividend yield – 11 – 16 % Equity volatility 7 284 7 96 % Swaption model Currency-specific volatility 21 462 25 325 % Financial liabilities designated at fair value through profit or loss Option model Funding ratio 1 70 2 70 % 1 As at October 31, 2020, common shares exclude the fair value of Federal Reserve stock and Federal Home Loan Bank stock of $1.5 billion (October 31, 2019 – $1.5 billion) which are redeemable by the issuer at cost which approximates fair value. These securities cannot be traded in the market, hence, these securities have not been subjected to the sensitivity analysis. 2 Net asset value information for private funds has not been disclosed due to the wide range in prices for these instruments.
Schedule of Sensitivity Analysis of Level 3 Financial Assets and Liabilities	Sensitivity Analysis of Level 3 Financial Assets and Liabilities (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Impact to net assets Impact to net assets Decrease in Increase in Decrease in Increase in FINANCIAL ASSETS Non-trading financial assets at fair value through profit or loss Securities $ 57 $ 27 $ 49 $ 23 Loans – – 1 1 57 27 50 24 Derivatives Equity contracts 18 27 14 17 Financial assets at fair value through other comprehensive income Other debt securities Corporate and other debt – – 2 2 Equity securities Common shares 6 3 6 3 Preferred shares 7 4 10 4 13 7 18 9 FINANCIAL LIABILITIES Trading deposits 33 72 23 32 Derivatives Interest rate contracts 12 10 20 14 Equity contracts 71 52 41 35 83 62 61 49 Financial liabilities designated at fair value through profit or loss 1 3 2 2 Total $ 205 $ 198 $ 168 $ 133
Summary of Aggregate Difference between Transaction Price and Valuation Technique	non-observable inputs used to value the instruments become observable. The following table summarizes the aggregate difference yet to be recognized in net income due to the difference between the transaction price and the amount determined using valuation techniques with significant non-observable inputs at initial recognition. (millions of Canadian dollars) For the years ended October 31 2020 2019 Balance as at beginning of year $ 15 $ 14 New transactions 87 38 Recognized in the Consolidated Statement of Income during the year (66 ) (37 ) Balance as at end of year $ 36 $ 15
At fair value [member]
Statement [LineItems]
Schedule of Fair Value Hierarchy for Assets and Liabilities	The following table presents the levels within the fair value hierarchy for each of the assets and liabilities measured at fair value on a recurring basis as at October 31, 2020 and October 31, 2019. Fair Value Hierarchy for Assets and Liabilities Measured at Fair Value on a Recurring Basis (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Level 1 Level 2 Level 3 Total 1 Level 1 Level 2 Level 3 Total 1 FINANCIAL ASSETS AND COMMODITIES Trading loans, securities, and other 2 Government and government-related securities Canadian government debt Federal $ 351 $ 21,141 $ – $ 21,492 $ 395 $ 10,521 $ – $ 10,916 Provinces – 8,468 – 8,468 – 8,510 8 8,518 U.S. federal, state, municipal governments, and agencies debt – 22,809 16 22,825 – 19,133 – 19,133 Other OECD government guaranteed debt – 4,563 – 4,563 – 4,132 – 4,132 Mortgage-backed securities – 1,690 – 1,690 – 1,746 – 1,746 Other debt securities Canadian issuers – 5,613 2 5,615 – 5,129 3 5,132 Other issuers – 13,352 1 13,353 – 13,547 1 13,548 Equity securities Common shares 43,803 39 – 43,842 56,058 61 – 56,119 Preferred shares 37 – – 37 57 – – 57 Trading loans – 12,959 – 12,959 – 12,482 – 12,482 Commodities 12,976 484 – 13,460 13,761 437 – 14,198 Retained interests – 14 – 14 – 19 – 19 57,167 91,132 19 148,318 70,271 75,717 12 146,000 Non-trading financial assets at fair value through profit or loss Securities 232 4,027 571 4,830 229 3,985 493 4,707 Loans – 3,715 3 3,718 – 1,791 5 1,796 232 7,742 574 8,548 229 5,776 498 6,503 Derivatives Interest rate contracts 22 17,937 – 17,959 22 14,794 – 14,816 Foreign exchange contracts 13 29,605 2 29,620 24 30,623 3 30,650 Credit contracts – 19 – 19 – 16 – 16 Equity contracts 5 3,855 370 4,230 1 1,298 589 1,888 Commodity contracts 383 2,022 9 2,414 266 1,246 12 1,524 423 53,438 381 54,242 313 47,977 604 48,894 Financial assets designated at fair value through profit or loss Securities 2 – 4,739 – 4,739 – 4,040 – 4,040 – 4,739 – 4,739 – 4,040 – 4,040 Financial assets at fair value through other comprehensive income Government and government-related securities Canadian government debt Federal – 14,126 – 14,126 – 9,663 – 9,663 Provinces – 16,502 – 16,502 – 12,927 – 12,927 U.S. federal, state, municipal governments, and agencies debt – 33,034 – 33,034 – 40,737 – 40,737 Other OECD government guaranteed debt – 10,756 – 10,756 – 14,407 – 14,407 Mortgage-backed securities – 3,865 – 3,865 – 5,437 – 5,437 Other debt securities Asset-backed securities – 10,006 – 10,006 – 15,888 – 15,888 Non-agency collateralized mortgage obligation portfolio – – – – – 247 – 247 Corporate and other debt – 9,875 20 9,895 – 7,810 24 7,834 Equity securities Common shares 819 15 1,553 2,387 89 2 1,507 1,598 Preferred shares 186 – 26 212 198 – 44 242 Loans – 2,502 – 2,502 – 2,124 – 2,124 1,005 100,681 1,599 103,285 287 109,242 1,575 111,104 Securities purchased under reverse repurchase agreements – 7,395 – 7,395 – 4,843 – 4,843 FINANCIAL LIABILITIES Trading deposits – 14,528 4,649 19,177 – 22,793 4,092 26,885 Derivatives Interest rate contracts 14 19,022 96 19,132 19 14,404 83 14,506 Foreign exchange contracts 14 27,300 – 27,314 21 29,374 4 29,399 Credit contracts – 327 – 327 – 420 – 420 Equity contracts – 3,360 1,077 4,437 – 2,877 1,514 4,391 Commodity contracts 355 1,611 27 1,993 266 1,040 29 1,335 383 51,620 1,200 53,203 306 48,115 1,630 50,051 Securitization liabilities at fair value – 13,718 – 13,718 – 13,058 – 13,058 Financial liabilities designated at fair value through profit or loss – 59,641 24 59,665 – 105,110 21 105,131 Obligations related to securities sold short 2 1,039 33,960 – 34,999 878 28,778 – 29,656 Obligations related to securities sold under repurchase agreements – 3,675 – 3,675 – 2,973 – 2,973 1 Fair value is the same as carrying value. 2 Balances reflect the reduction of securities owned (long positions) by the amount of identical securities sold but not yet purchased (short positions).
Not measured at fair value in statement of financial position but for which fair value is disclosed [member]
Statement [LineItems]
Schedule of Fair Value Hierarchy for Assets and Liabilities	The following table presents the levels within the fair value hierarchy for each of the financial assets and liabilities not carried at fair value as at October 31, 2020 and October 31, 2019, but for which fair value is disclosed. Fair Value Hierarchy for Assets and Liabilities not carried at Fair Value 1 (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total ASSETS Debt securities at amortized cost, net of allowance for credit losses Government and government-related securities $ 919 $ 174,571 $ 10 $ 175,500 $ 169 $ 78,195 $ 10 $ 78,374 Other debt securities – 53,371 2 53,373 – 52,368 2 52,370 Total debt securities at amortized cost, net of allowance for credit losses 919 227,942 12 228,873 169 130,563 12 130,744 Total loans, net of allowance for loan losses – 236,287 490,910 727,197 – 221,405 466,749 688,154 Total assets with fair value disclosures $ 919 $ 464,229 $ 490,922 $ 956,070 $ 169 $ 351,968 $ 466,761 $ 818,898 LIABILITIES Deposits $ – $ 1,137,624 $ – $ 1,137,624 $ – $ 892,597 $ – $ 892,597 Securitization liabilities at amortized cost – 16,143 – 16,143 – 14,258 – 14,258 Subordinated notes and debentures – 12,374 – 12,374 – 11,323 – 11,323 Total liabilities with fair value disclosures $ – $ 1,166,141 $ – $ 1,166,141 $ – $ 918,178 $ – $ 918,178 1 This table excludes financial assets and liabilities where the carrying amount is a reasonable approximation of fair value.

Offsetting Financial Assets a_2

Offsetting Financial Assets and Financial Liabilities (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Offsetting Financial Assets and Financial Liabilities	The following table provides a summary of the financial assets and liabilities which are subject to enforceable master netting agreements and similar arrangements, including amounts not otherwise set off on the Consolidated Balance Sheet, as well as financial collateral received to mitigate credit exposures for these financial assets and liabilities. The gross financial assets and liabilities are reconciled to the net amounts presented within the associated line on the Consolidated Balance Sheet, after giving effect to transactions with the same counterparties that have been offset on the Consolidated Balance Sheet. Related amounts and collateral received that are not offset on the Consolidated Balance Sheet, but are otherwise subject to the same enforceable netting agreements and similar arrangements, are then presented to arrive at a net amount. Offsetting Financial Assets and Financial Liabilities (millions of Canadian dollars) As at October 31, 2020 Amounts subject to an enforceable 1,2 Gross amounts balance sheet Gross amounts Net amount Amounts Collateral Net Amount Financial Assets Derivatives $ 55,732 $ 1,490 $ 54,242 $ 34,970 $ 8,914 $ 10,358 Securities purchased under 198,273 29,111 169,162 38,335 129,682 1,145 Total 254,005 30,601 223,404 73,305 138,596 11,503 Financial Liabilities Derivatives 54,693 1,490 53,203 34,970 16,998 1,235 Obligations related to securities sold 217,987 29,111 188,876 38,335 149,882 659 Total $ 272,680 $ 30,601 $ 242,079 $ 73,305 $ 166,880 $ 1,894 October 31, 2019 Financial Assets Derivatives $ 55,973 $ 7,079 $ 48,894 $ 32,664 $ 8,840 $ 7,390 Securities purchased under 180,054 14,119 165,935 14,430 141,903 9,602 Total 236,027 21,198 214,829 47,094 150,743 16,992 Financial Liabilities Derivatives 57,130 7,079 50,051 32,664 17,387 – Obligations related to securities sold 139,975 14,119 125,856 14,430 110,995 431 Total $ 197,105 $ 21,198 $ 175,907 $ 47,094 $ 128,382 $ 431 1 Excess collateral as a result of overcollateralization has not been reflected in the table. 2 Includes amounts where the contractual set-off rights are subject to uncertainty under the laws of the relevant jurisdiction.

Securities (Tables)

Securities (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Securities Maturity Schedule	The remaining terms to contractual maturities of the securities held by the Bank are shown on the following table. Securities Maturity Schedule 1 (millions of Canadian dollars) As at October 31 2020 October 31 2019 Remaining terms to maturities 2 Within Over 1 Over 3 Over 5 Over 10 With no specific maturity Total Total Trading securities Government and government-related securities Canadian government debt Federal $ 16,124 $ 1,774 $ 431 $ 2,335 $ 828 $ – $ 21,492 $ 10,916 Provinces 1,621 984 904 917 4,042 – 8,468 8,518 U.S. federal, state, municipal governments, and agencies debt 4,615 5,466 5,235 781 6,728 – 22,825 19,133 Other OECD government-guaranteed debt 1,085 915 554 1,460 549 – 4,563 4,132 Mortgage-backed securities Residential 299 575 653 – – – 1,527 1,603 Commercial – 16 80 67 – – 163 143 23,744 9,730 7,857 5,560 12,147 – 59,038 44,445 Other debt securities Canadian issuers 816 1,500 1,284 1,310 705 – 5,615 5,132 Other issuers 3,753 4,817 2,965 1,572 246 – 13,353 13,548 4,569 6,317 4,249 2,882 951 – 18,968 18,680 Equity securities Common shares – – – – – 43,842 43,842 56,119 Preferred shares – – – – – 37 37 57 – – – – – 43,879 43,879 56,176 Retained interests – 3 6 5 – – 14 19 Total trading securities $ 28,313 $ 16,050 $ 12,112 $ 8,447 $ 13,098 $ 43,879 $ 121,899 $ 119,320 Non-trading financial assets at fair value through profit or loss Government and government-related securities Canadian government debt Federal $ – $ – $ – $ – $ – $ – $ – $ 32 U.S. federal, state, municipal governments, and agencies debt – – – – 388 – 388 287 – – – – 388 – 388 319 Other debt securities Canadian issuers – 47 281 – – 324 652 587 Asset-backed securities 112 1,997 527 598 58 – 3,292 3,362 Other issuers – – – – – 170 170 132 112 2,044 808 598 58 494 4,114 4,081 Equity securities Common shares – – – – – 293 293 277 Preferred shares – – – – – 35 35 30 – – – – – 328 328 307 Total non-trading financial assets at fair value through profit or loss $ 112 $ 2,044 $ 808 $ 598 $ 446 $ 822 $ 4,830 $ 4,707 Financial assets designated at fair value through profit or loss Government and government-related Canadian government debt Federal $ 1,129 $ – $ – $ – $ – $ – $ 1,129 $ 164 Provinces 325 70 50 1 99 – 545 388 U.S. federal, state, municipal governments, and – 11 – – – – 11 67 Other OECD government-guaranteed debt 146 137 101 – – – 384 794 1,600 218 151 1 99 – 2,069 1,413 Other debt securities Canadian issuers 309 757 635 457 22 – 2,180 1,888 Other issuers 65 252 173 – – – 490 739 374 1,009 808 457 22 – 2,670 2,627 Total financial assets designated at fair value through profit or loss $ 1,974 $ 1,227 $ 959 $ 458 $ 121 $ – $ 4,739 $ 4,040 1 Certain comparative amounts have been added to conform with the presentation adopted in the current period. 2 Represents contractual maturities. Actual maturities may differ due to prepayment privileges in the applicable contract. Securities Maturity Schedule 1 (millions of Canadian dollars) As at October 31 October 31 Remaining terms to maturities 2 Within 1 year Over Over Over Over With no Total Total Securities at fair value through other comprehensive income Government and government-related Canadian government debt Federal $ 2,144 $ 2,922 $ 6,120 $ 2,434 $ 506 $ – $ 14,126 $ 9,663 Provinces 1,368 2,308 4,430 7,920 476 – 16,502 12,927 U.S. federal, state, municipal governments, and agencies debt 10,516 11,497 2,467 3,031 5,523 – 33,034 40,737 Other OECD government-guaranteed debt 3,988 6,025 539 204 – – 10,756 14,407 Mortgage-backed securities 1,166 2,699 – – – – 3,865 5,437 19,182 25,451 13,556 13,589 6,505 – 78,283 83,171 Other debt securities Asset-backed securities 954 1,978 1,906 1,649 3,519 – 10,006 15,888 Non-agency collateralized mortgage obligation – – – – – – – 247 Corporate and other debt 2,174 3,570 2,519 1,612 20 – 9,895 7,834 3,128 5,548 4,425 3,261 3,539 – 19,901 23,969 Equity securities Common shares – – – – – 2,387 2,387 1,598 Preferred shares – – – – – 212 212 242 – – – – – 2,599 2,599 1,840 Total securities at fair value through other comprehensive income $ 22,310 $ 30,999 $ 17,981 $ 16,850 $ 10,044 $ 2,599 $ 100,783 $ 108,980 Debt securities at amortized cost, net of allowance for credit losses Government and government-related securities Canadian government debt Federal $ 11,046 $ 1,201 $ 3,036 $ 643 $ 2,055 $ – $ 17,981 $ 4,771 Provinces 77 293 2,075 2,784 398 – 5,627 2,271 U.S. federal, state, municipal governments, and 36,788 7,987 12,045 23,086 33,939 – 113,845 43,214 Other OECD government guaranteed debt 8,105 16,438 11,077 1,520 – – 37,140 28,019 56,016 25,919 28,233 28,033 36,392 – 174,593 78,275 Other debt securities Asset-backed securities 9 5,856 8,811 2,102 10,419 – 27,197 28,763 Non-agency collateralized mortgage obligation – – – 80 16,912 – 16,992 16,236 Canadian issuers 203 49 54 573 8 – 887 99 Other issuers 1,059 3,788 1,746 1,415 2 – 8,010 7,124 1,271 9,693 10,611 4,170 27,341 – 53,086 52,222 Total debt securities at amortized cost, net of 57,287 35,612 38,844 32,203 63,733 – 227,679 130,497 Total securities $ 109,996 $ 85,932 $ 70,704 $ 58,556 $ 87,442 $ 47,300 $ 459,930 $ 367,544 1 Certain comparative amounts have been added to conform with the presentation adopted in the current period. 2 Represents contractual maturities. Actual maturities may differ due to prepayment privileges in the applicable contract.
Summary of Unrealized Gains and Losses	Unrealized Securities Gains (Losses) for Securities at Fair Value Through Other Comprehensive Income (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Cost/ 1 Gross Gross (losses ) Fair value Cost/ 1 Gross unrealized gains Gross unrealized (losses ) Fair value Government and government-related Canadian government debt Federal $ 13,967 $ 160 $ (1 ) $ 14,126 $ 9,603 $ 62 $ (2 ) $ 9,663 Provinces 16,342 181 (21 ) 16,502 12,890 77 (40 ) 12,927 U.S. federal, state, municipal governments, and 32,875 192 (33 ) 33,034 40,703 86 (52 ) 40,737 Other OECD government guaranteed debt 10,720 39 (3 ) 10,756 14,394 21 (8 ) 14,407 Mortgage-backed securities 3,855 11 (1 ) 3,865 5,407 31 (1 ) 5,437 77,759 583 (59 ) 78,283 82,997 277 (103 ) 83,171 Other debt securities Asset-backed securities 10,051 26 (71 ) 10,006 15,890 29 (31 ) 15,888 Non-agency collateralized mortgage obligation – – – – 247 – – 247 Corporate and other debt 9,853 79 (37 ) 9,895 7,832 27 (25 ) 7,834 19,904 105 (108 ) 19,901 23,969 56 (56 ) 23,969 Total debt securities 97,663 688 (167 ) 98,184 106,966 333 (159 ) 107,140 Equity securities Common shares 2,641 26 (280 ) 2,387 1,594 31 (27 ) 1,598 Preferred shares 303 – (91 ) 212 302 4 (64 ) 242 2,944 26 (371 ) 2,599 1,896 35 (91 ) 1,840 Total securities at fair value through other $ 100,607 $ 714 $ (538 ) $ 100,783 $ 108,862 $ 368 $ (250 ) $ 108,980 1 Includes the foreign exchange translation of amortized cost balances at the period-end spot rate.
Summary of Equity Securities Designated at Fair Value Through Other Comprehensive Income	Equity Securities Designated at Fair Value Through Other Comprehensive Income (millions of Canadian dollars) As at For the year ended October 31, 2020 October 31, 2019 October 31, 2020 October 31, 2019 Fair value Dividend income recognized Common shares $ 2,387 $ 1,598 $ 93 $ 64 Preferred shares 212 242 14 15 Total $ 2,599 $ 1,840 $ 107 $ 79
Summary of Securities Net Realized Gains (Losses)	Securities Net Realized Gains (Losses) (millions of Canadian dollars) For the year ended October 31 2020 October 31 Debt securities at amortized cost $ 13 $ 49 Debt securities at fair value through other comprehensive income 27 29 Total $ 40 $ 78
Summary of Debt Securities by Risk Rating	The following table provides the gross carrying amounts of debt securities measured at amortized cost and debt securities at FVOCI by internal risk ratings for credit risk management purposes, presenting separately those debt securities that are subject to Stage 1, Stage 2, and Stage 3 allowances. Debt Securities by Risk Ratings (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Debt securities Investment grade $ 322,842 $ – $ n/a $ 322,842 $ 235,475 $ – $ n/a $ 235,475 Non-Investment 2,762 244 n/a 3,006 2,109 54 n/a 2,163 Watch and classified n/a 17 n/a 17 n/a – n/a – Default n/a n/a – – n/a n/a – – Total debt securities 325,604 261 – 325,865 237,584 54 – 237,638 Allowance for credit losses on debt securities at amortized cost 2 – – 2 1 – – 1 Debt securities, net of allowance $ 325,602 $ 261 $ – $ 325,863 $ 237,583 $ 54 $ – $ 237,637

Loans, Impaired Loans, and Al_2

Loans, Impaired Loans, and Allowance for Credit Losses (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Gross Carrying Amounts of Loans and Credit Risk Exposures on Loan Commitments and Financial Guarantee Contracts by Internal Risk Ratings	The following tables provide the gross carrying amounts of loans, acceptances, and credit risk exposures on loan commitments and financial guarantee contracts by internal risk ratings for credit risk management purposes, presenting separately those that are subject to Stage 1, Stage 2, and Stage 3 allowances. Loans and Acceptances by Risk Ratings (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Residential mortgages 1,2,3 Low Risk $ 169,710 $ 3,125 $ n/a $ 172,835 $ 181,748 $ 77 $ n/a $ 181,825 Normal Risk 56,663 9,938 n/a 66,601 43,988 248 n/a 44,236 Medium Risk – 7,690 n/a 7,690 5,817 433 n/a 6,250 High Risk – 4,120 443 4,563 964 1,454 366 2,784 Default n/a n/a 530 530 n/a n/a 545 545 Total 226,373 24,873 973 252,219 232,517 2,212 911 235,640 Allowance for loan losses 32 205 65 302 28 26 56 110 Loans, net of allowance 226,341 24,668 908 251,917 232,489 2,186 855 235,530 Consumer instalment and other personal 4 Low Risk 77,178 1,199 n/a 78,377 92,601 953 n/a 93,554 Normal Risk 59,349 1,360 n/a 60,709 46,878 973 n/a 47,851 Medium Risk 28,094 3,631 n/a 31,725 27,576 879 n/a 28,455 High Risk 3,700 9,940 638 14,278 6,971 2,435 618 10,024 Default n/a n/a 371 371 n/a n/a 450 450 Total 168,321 16,130 1,009 185,460 174,026 5,240 1,068 180,334 Allowance for loan losses 567 1,265 187 2,019 690 384 175 1,249 Loans, net of allowance 167,754 14,865 822 183,441 173,336 4,856 893 179,085 Credit card Low Risk 3,916 49 n/a 3,965 7,188 48 n/a 7,236 Normal Risk 7,027 129 n/a 7,156 10,807 82 n/a 10,889 Medium Risk 10,431 804 n/a 11,235 11,218 275 n/a 11,493 High Risk 3,493 6,180 206 9,879 4,798 1,670 355 6,823 Default n/a n/a 99 99 n/a n/a 123 123 Total 24,867 7,162 305 32,334 34,011 2,075 478 36,564 Allowance for loan losses 624 1,726 204 2,554 732 521 322 1,575 Loans, net of allowance 24,243 5,436 101 29,780 33,279 1,554 156 34,989 Business and government 1,2,3,5,6,7 Investment grade or Low/Normal Risk 120,106 250 n/a 120,356 111,763 81 n/a 111,844 Non-Investment grade or Medium Risk 126,509 11,818 n/a 138,327 128,263 5,540 n/a 133,803 Watch and classified or High Risk 890 12,567 120 13,577 951 4,649 158 5,758 Default n/a n/a 982 982 n/a n/a 730 730 Total 247,505 24,635 1,102 273,242 240,977 10,270 888 252,135 Allowance for loan and acceptances losses 1,321 1,706 388 3,415 672 648 193 1,513 Loans and acceptances, net of allowance 246,184 22,929 714 269,827 240,305 9,622 695 250,622 Total loans and acceptances 5,8 667,066 72,800 3,389 743,255 681,531 19,797 3,345 704,673 Total Allowance for loan losses 8 2,544 4,902 844 8,290 2,122 1,579 746 4,447 Total loans and acceptances, net of allowance 5,8 $ 664,522 $ 67,898 $ 2,545 $ 734,965 $ 679,409 $ 18,218 $ 2,599 $ 700,226 1 As at October 31, 2020, impaired loans with a balance of $111 million (October 31, 2019 – $127 million) did not have a related allowance for loan losses. An allowance was not required for these loans as the balance relates to loans where the realizable value of the collateral exceeded the loan amount. 2 As at October 31, 2020, excludes trading loans and non-trading loans at FVTPL with a fair value of $13 billion (October 31, 2019 – $12 billion) and $4 billion (October 31, 2019 – $2 billion), respectively. 3 As at October 31, 2020, includes insured mortgages of $86 billion (October 31, 2019 – $88 billion). 4 As at October 31, 2020, includes Canadian government-insured real estate personal loans of $12 billion (October 31, 2019 – $13 billion). 5 As at October 31, 2020, includes loans that are measured at FVOCI of $3 billion (October 31, 2019 – $2 billion) and customers’ liability under acceptances of $15 billion (October 31, 2019 – $13 billion). 6 As at October 31, 2020, includes loans guaranteed by government agencies of $27 billion (October 31, 2019 - $26 billion), which are primarily classified in Non-Investment grade or a lower risk rating based on the borrowers’ credit risk. 7 Certain comparative amounts have been reclassified to conform with the presentation adopted in the current year. 8 As at October 31, 2020, Stage 3 includes ACI loans of $232 million (October 31, 2019 – $313 million) and a related allowance for loan losses of $10 million (October 31, 2019 – $12 million), which have been included in the “Default” risk rating category as they were impaired at acquisition. Loans and Acceptances by Risk Ratings – Off-Balance Sheet Credit Instruments 1 (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Retail Exposures 2 Low Risk $ 200,226 $ 724 $ n/a $ 200,950 $ 227,757 $ 732 $ n/a $ 228,489 Normal Risk 78,448 1,124 n/a 79,572 67,245 570 n/a 67,815 Medium Risk 35,187 1,444 n/a 36,631 13,204 277 n/a 13,481 High Risk 2,004 3,025 – 5,029 1,869 854 – 2,723 Default n/a n/a – – n/a n/a – – Non-Retail Exposures 3 Investment grade 194,182 – n/a 194,182 179,650 – n/a 179,650 Non-Investment grade 76,280 6,553 n/a 82,833 64,553 3,397 n/a 67,950 Watch and classified 18 4,416 – 4,434 2 2,126 – 2,128 Default n/a n/a 144 144 n/a n/a 108 108 Total off-balance sheet credit instruments 586,345 17,286 144 603,775 554,280 7,956 108 562,344 Allowance for off-balance sheet credit instruments 381 672 34 1,087 293 277 15 585 Total off-balance sheet credit instruments, net of allowance $ 585,964 $ 16,614 $ 110 $ 602,688 $ 553,987 $ 7,679 $ 93 $ 561,759 1 Exclude mortgage commitments. 2 As at October 31, 2020, includes $321 billion (October 31, 2019 – $311 billion) of personal lines of credit and credit card lines, which are unconditionally cancellable at the Bank’s discretion at any time. 3 As at October 31, 2020, includes $43 billion (October 31, 2019 – $41 billion) of the undrawn component of uncommitted credit and liquidity facilities.
Summary of Information Related to Bank's Impaired Loans	The following table presents information related to the Bank’s impaired loans as at October 31, 2020 and October 31, 2019. Impaired Loans 1 (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Unpaid 2 Carrying Related Average Unpaid 2 Carrying Related Average Residential mortgages $ 885 $ 825 $ 67 $ 781 $ 788 $ 724 $ 53 $ 698 Consumer instalment and other personal 1,068 988 186 1,067 1,159 1,037 173 1,160 Credit card 305 305 204 446 478 478 322 465 Business and government 1,134 1,039 377 1,137 870 793 186 906 Total $ 3,392 $ 3,157 $ 834 $ 3,431 $ 3,295 $ 3,032 $ 734 $ 3,229 1 Balances exclude ACI loans. 2 Represents contractual amount of principal owed.
Summary of Allowance for Credit Losses	The changes to the Bank’s allowance for loan losses, as at and for the years ended October 31, 2020 and October 31, 2019, are shown in the following table. Allowance for Loan Losses (millions of Canadian dollars) For the years ended October 31 2020 2019 Stage 1 Stage 2 Stage 3 1 Total Stage 1 Stage 2 Stage 3 1 Total Residential Mortgages Balance at beginning of period $ 28 $ 26 $ 56 $ 110 $ 24 $ 34 $ 52 $ 110 Provision for credit losses Transfer to Stage 1 2 66 (65 ) (1 ) – 35 (33 ) (2 ) – Transfer to Stage 2 (33 ) 46 (13 ) – (5 ) 13 (8 ) – Transfer to Stage 3 – (14 ) 14 – (2 ) (8 ) 10 – Net remeasurement due to transfers 3 (20 ) 29 – 9 (16 ) 6 – (10 ) New originations or purchases 4 15 n/a n/a 15 14 n/a n/a 14 Net repayments 5 – (1 ) – (1 ) – (1 ) – (1 ) Derecognition of financial assets (excluding disposals and write-offs) 6 (4 ) (11 ) (22 ) (37 ) (4 ) (5 ) (17 ) (26 ) Changes to risk, parameters, and models 7 (21 ) 196 53 228 (18 ) 20 49 51 Disposals – – – – – – – – Write-offs – – (26 ) (26 ) – – (31 ) (31 ) Recoveries 1 (1 ) 1 1 – – 1 1 Foreign exchange and other adjustments – – 3 3 – – 2 2 Balance at end of period $ 32 $ 205 $ 65 $ 302 $ 28 $ 26 $ 56 $ 110 Consumer Instalment and Other Personal Balance, including off-balance sheet instruments, at beginning of period $ 717 $ 417 $ 175 $ 1,309 $ 599 $ 392 $ 180 $ 1,171 Provision for credit losses Transfer to Stage 1 2 490 (473 ) (17 ) – 352 (333 ) (19 ) – Transfer to Stage 2 (438 ) 504 (66 ) – (121 ) 164 (43 ) – Transfer to Stage 3 (11 ) (147 ) 158 – (15 ) (164 ) 179 – Net remeasurement due to transfers 3 (216 ) 473 11 268 (149 ) 160 11 22 New originations or purchases 4 327 n/a n/a 327 326 n/a n/a 326 Net repayments 5 (92 ) (62 ) (11 ) (165 ) (88 ) (30 ) (12 ) (130 ) Derecognition of financial assets (excluding disposals and write-offs) 6 (95 ) (73 ) (31 ) (199 ) (81 ) (71 ) (49 ) (201 ) Changes to risk, parameters, and models 7 (83 ) 698 952 1,567 (105 ) 298 893 1,086 Disposals – – – – – – – – Write-offs – – (1,261 ) (1,261 ) – – (1,220 ) (1,220 ) Recoveries – – 278 278 – – 254 254 Foreign exchange and other adjustments (4 ) (7 ) (1 ) (12 ) (1 ) 1 1 1 Balance, including off-balance sheet instruments, at end of period 595 1,330 187 2,112 717 417 175 1,309 Less: Allowance for off-balance sheet instruments 8 28 65 – 93 27 33 – 60 Balance at end of period $ 567 $ 1,265 $ 187 $ 2,019 $ 690 $ 384 $ 175 $ 1,249 Credit Card 9 Balance, including off-balance sheet instruments, at beginning of period $ 934 $ 673 $ 322 $ 1,929 $ 819 $ 580 $ 341 $ 1,740 Provision for credit losses Transfer to Stage 1 2 1,000 (970 ) (30 ) – 705 (623 ) (82 ) – Transfer to Stage 2 (598 ) 673 (75 ) – (224 ) 288 (64 ) – Transfer to Stage 3 (19 ) (638 ) 657 – (30 ) (563 ) 593 – Net remeasurement due to transfers 3 (356 ) 830 22 496 (240 ) 314 41 115 New originations or purchases 4 174 n/a n/a 174 144 n/a n/a 144 Net repayments 5 (35 ) (7 ) 35 (7 ) 92 3 (22 ) 73 Derecognition of financial assets (excluding disposals and write-offs) 6 (145 ) (174 ) (378 ) (697 ) (96 ) (107 ) (439 ) (642 ) Changes to risk, parameters, and models 7 (152 ) 1,814 1,063 2,725 (236 ) 781 1,356 1,901 Disposals – – – – – – – – Write-offs – – (1,720 ) (1,720 ) – – (1,699 ) (1,699 ) Recoveries – – 306 306 – – 297 297 Foreign exchange and other adjustments (4 ) (20 ) 2 (22 ) – – – – Balance, including off-balance sheet instruments, at end of period 799 2,181 204 3,184 934 673 322 1,929 Less: Allowance for off-balance sheet instruments 8 175 455 – 630 202 152 – 354 Balance at end of period $ 624 $ 1,726 $ 204 $ 2,554 $ 732 $ 521 $ 322 $ 1,575 1 Includes allowance for loan losses related to ACI loans. 2 Transfers represent stage transfer movements prior to ECL remeasurement. 3 Represents the mechanical remeasurement between twelve-month (i.e., Stage 1) and lifetime ECLs (i.e., Stage 2 or 3) due to stage transfers necessitated by credit risk migration, as described in the “Significant Increase in Credit Risk” section of Note 2, Summary of Significant Accounting Policies , Significant Accounting Judgments, Estimates and Assumptions 4 Represents the increase in the allowance resulting from loans that were newly originated, purchased, or renewed. 5 Represents the changes in the allowance related to cash flow changes associated with new draws or repayments on loans outstanding. 6 Represents the decrease in the allowance resulting from loans that were fully repaid and excludes the decrease associated with loans that were disposed or fully written off. 7 Represents the changes in the allowance related to current period changes in risk (e.g. PD) caused by changes to macroeconomic factors, level of risk, parameters, and/or models, subsequent to stage migration. Refer to the “Measurement of Expected Credit Losses”, “Forward Looking Information” and “Expert Credit Judgment” sections of Note 2, Summary of Significant Accounting Policies Significant Accounting Judgments, Estimates and Assumptions 8 The allowance for loan losses for off-balance sheet instruments is recorded in Other liabilities on the Consolidated Balance Sheet. 9 Credit cards are considered impaired and migrate to Stage 3 when they are 90 days past due and written off at 180 days past due. Refer to Note 2 for further details. Allowance for Loan Losses (millions of Canadian dollars) For the years ended October 31 2020 2019 Stage 1 Stage 2 Stage 3 1 Total Stage 1 Stage 2 Stage 3 1 Total Business and Government 2 Balance, including off-balance sheet instruments, as beginning of period $ 736 $ 740 $ 208 $ 1,684 $ 736 $ 688 $ 133 $ 1,557 Provision for credit losses Transfer to Stage 1 3 255 (248 ) (7 ) – 214 (210 ) (4 ) – Transfer to Stage 2 (459 ) 482 (23 ) – (127 ) 138 (11 ) – Transfer to Stage 3 (14 ) (131 ) 145 – (18 ) (136 ) 154 – Net remeasurement due to transfers 3 (94 ) 256 (4 ) 158 (89 ) 115 2 28 New originations or purchases 3 871 n/a n/a 871 451 n/a n/a 451 Net repayments 3 (52 ) (68 ) (54 ) (174 ) (9 ) (35 ) (42 ) (86 ) Derecognition of financial assets (excluding disposals and write-offs) 3 (459 ) (503 ) (242 ) (1,204 ) (340 ) (382 ) (85 ) (807 ) Changes to risk, parameters, and models 3 727 1,334 827 2,888 (83 ) 564 241 722 Disposals – – (22 ) (22 ) – (3 ) – (3 ) Write-offs – – (430 ) (430 ) – – (228 ) (228 ) Recoveries – – 52 52 – – 57 57 Foreign exchange and other adjustments (12 ) (4 ) (28 ) (44 ) 1 1 (9 ) (7 ) Balance, including off-balance sheet instruments, at end of period 1,499 1,858 422 3,779 736 740 208 1,684 Less: Allowance for off-balance sheet instruments 3,4 178 152 34 364 64 92 15 171 Balance at end of period 1,321 1,706 388 3,415 672 648 193 1,513 Total Allowance for Loan Losses at end of period $ 2,544 $ 4,902 $ 844 $ 8,290 $ 2,122 $ 1,579 $ 746 $ 4,447 1 Includes allowance for loan losses related to ACI loans. 2 Includes the allowance for loan losses related to customers’ liability under acceptances. 3 For explanations regarding this line item, refer to the “Allowance for Loan Losses” table on the previous page in this Note. 4 The allowance for loan losses for off-balance sheet instruments is recorded in Other liabilities on the Consolidated Balance Sheet.
Summary of Macroeconomic Variables Impacted in Determining ECLs	Macroeconomic Variables Base Forecasts Upside Forecasts Downside Forecasts Calendar Quarters 1 Average Q4 2020- 2 Remaining 4-year 2 Average Q4 2020- 2 Remaining 4-year 2 Average Q4 2020- 2 Remaining 4-year 2 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Unemployment rate Canada 9.3 % 8.8 % 8.0 % 7.5 % 8.4 % 6.1 % 7.8 % 5.7 % 10.2 % 6.2 % United States 8.3 7.9 7.7 7.2 7.8 4.8 7.1 4.1 9.4 5.1 Real GDP Canada 2.1 2.6 2.9 4.0 2.4 2.2 3.2 2.8 (0.7 ) 2.9 United States 2.8 2.9 2.7 4.3 1.8 2.4 2.3 3.0 (1.5 ) 3.1 Home prices Canada (average existing price) 3 0.1 (19.3 ) (9.4 ) 0.7 6.0 1.1 7.4 3.1 (3.5 ) 3.5 United States (CoreLogic HPI) 4 1.0 0.5 – 0.5 2.9 2.9 3.4 4.1 (2.4 ) 4.1 Central bank policy interest rate Canada 0.25 0.25 0.25 0.25 0.25 0.50 0.25 0.64 0.25 0.39 United States 0.25 0.25 0.25 0.25 0.25 0.50 0.25 0.72 0.25 0.39 U.S. 10-year 0.75 0.88 1.03 1.18 0.96 1.82 1.39 2.78 0.69 1.71 U.S. 10-year (%-pts) 1.90 1.88 1.85 1.83 1.87 1.80 1.77 1.53 2.14 1.81 Exchange rate (U.S. dollar/ Canadian dollar) $ 0.77 $ 0.78 $ 0.78 $ 0.78 $ 0.78 $ 0.77 $ 0.78 $ 0.81 $ 0.76 $ 0.77 1 Quarterly figures for real GDP and home prices are presented as the quarter on quarter change, seasonally adjusted annualized rate. 2 The numbers represent average values for the quoted periods, and average of year-on-year 3 The average home price is the average transacted sale price of homes sold via the Multiple Listing Service; data is collected by the Canadian Real Estate Association. 4 The CoreLogic home price index (HPI) is a repeat-sales index which tracks increases and decreases in the same home’s sales price over time. The following table represents the average values of the macroeconomic variables over the next twelve months and the remaining 4-year forecast period for the base, upside, and downside forecasts as at October 31, 2019. Macroeconomic Variables As at October 31, 2019 Base Forecasts Upside Downside Next 12 1 Remaining 1 Next 12 1 Remaining 1 Next 12 1 Remaining 4-year period 1 Unemployment rate Canada 5.8 % 5.8 % 5.7 % 5.2 % 6.8 % 8.0 % United States 3.8 4.1 3.6 3.5 4.9 6.1 Real gross domestic product (GDP) 2 Canada 1.6 1.8 1.8 2.2 0.6 0.3 United States 1.9 1.8 2.0 2.1 0.7 0.2 Home prices 2 Canada (average home price) 3 7.1 2.7 8.9 5.9 2.7 (3.5 ) United States (CoreLogic HPI) 4 3.6 3.6 4.4 5.0 2.4 1.7 Central bank policy interest rate Canada 1.31 1.53 1.75 2.16 0.75 0.63 United States 1.75 2.20 2.00 2.86 1.06 1.00 U.S. 10-year treasury yield 1.76 2.50 2.25 3.44 1.32 1.79 U.S. 10-year BBB spread 1.80 1.80 1.73 1.59 1.96 2.19 Exchange rate (U.S. dollar/Canadian dollar) $ 0.76 $ 0.77 $ 0.78 $ 0.83 $ 0.74 $ 0.69 1 The numbers represent average values for the quoted periods. 2 The numbers represent annual % change. 3 The average home price is the average transacted sale price of homes sold via the Multiple Listing Service (MLS); data is collected by the Canadian Real Estate Association (CREA). 4 The CoreLogic home price index (HPI) is a repeat-sales index which tracks increases and decreases in the same home’s sales price over time.
Schedule of Change from Base to Probability-Weighted ECL	The following table presents the base ECL scenario compared to the probability-weighted ECLs, with the latter derived from three ECL scenarios for performing loans and off-balance sheet instruments. The difference reflects the impact of deriving multiple scenarios around the base ECLs and resultant change in ECLs due to non-linearity and sensitivity to using macroeconomic forecasts. Change from Base to Probability-Weighted ECLs (millions of Canadian dollars, except as noted) As at October 31, 2020 October 31, 2019 Probability-weighted ECLs $ 8,500 $ 4,271 Base ECLs 8,157 4,104 Difference – in amount $ 343 $ 167 Difference – in percentage 4.0 % 3.9 %
Schedule of Incremental Lifetime ECL Impact	The following table shows the estimated impact of staging on ECLs by presenting all performing loans and off-balance sheet instruments calculated using twelve-month Incremental Lifetime ECLs Impact (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Aggregate Stage 1 and 2 probability-weighted ECLs $ 8,500 $ 4,271 All performing loans and off-balance sheet instruments using 12-month ECLs 6,482 3,672 Incremental lifetime ECLs impact $ 2,018 $ 599
Summary of Loans Past Due but Not Impaired	The following table summarizes loans that are contractually past due but not impaired as at October 31, 2020 and October 31, 2019. Loans Past Due but not Impaired 1,2,3 (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 1-30 31-60 61-89 Total 1-30 31-60 61-89 Total Residential mortgages $ 1,325 $ 221 $ 64 $ 1,610 $ 1,709 $ 404 $ 111 $ 2,224 Consumer instalment and other personal 5,623 590 200 6,413 6,038 845 266 7,149 Credit card 956 218 149 1,323 1,401 351 229 1,981 Business and government 2,521 723 329 3,573 1,096 858 60 2,014 Total $ 10,425 $ 1,752 $ 742 $ 12,919 $ 10,244 $ 2,458 $ 666 $ 13,368 1 Includes loans that are measured at FVOCI. 2 Balances exclude ACI loans. 3 Loans deferred under a Bank-led COVID-19 relief program were not considered past due. Where such loans were already past due, they were not aged further during the deferral period. Aging for deferred loans commences subsequent to the deferral period.

Transfers Of Financial Assets (

Transfers Of Financial Assets (Tables)	12 Months Ended
	Oct. 31, 2020
Securitization Programs [member]
Statement [LineItems]
Summary of Carrying Amount and Fair Value of Transferred Financial Assets Not Qualifying for Derecognition	The following table summarizes the securitized asset types that did not qualify for derecognition, along with their associated securitization liabilities as at October 31, 2020 and October 31, 2019. Financial Assets Not Qualifying for Derecognition Treatment as Part of the Bank’s Securitization Programs (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Fair value Carrying Fair value Carrying Nature of transaction Securitization of residential mortgage loans $ 25,622 $ 25,271 $ 23,705 $ 23,689 Other financial assets transferred related to securitization 1 4,101 4,084 3,525 3,524 Total 29,723 29,355 27,230 27,213 Associated liabilities 2 $ 29,861 $ 29,486 $ 27,316 $ 27,144 1 Includes asset-backed securities, asset-backed commercial paper (ABCP), cash, repurchase agreements, and Government of Canada securities used to fulfil funding requirements of the Bank’s securitization structures after the initial securitization of mortgage loans. 2 Includes securitization liabilities carried at amortized cost of $16 billion as at October 31, 2020 (October 31, 2019 – $14 billion), and securitization liabilities carried at fair value of $14 billion as at October 31, 2020 (October 31, 2019 – $13 billion).
Other Financial Assets [member]
Statement [LineItems]
Summary of Carrying Amount and Fair Value of Transferred Financial Assets Not Qualifying for Derecognition	The following table summarizes the carrying amount of financial assets and the associated transactions that did not qualify for derecognition, as well as their associated financial liabilities as at October 31, 2020 and October 31, 2019. Other Financial Assets Not Qualifying for Derecognition 1 (millions of Canadian dollars) As at October 31 October 31 Carrying amount of assets Nature of transaction Repurchase agreements 2,3 $ 28,549 $ 16,537 Securities lending agreements 38,934 39,128 Total 67,483 55,665 Carrying amount of associated liabilities 3 $ 27,855 $ 16,975 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current year. 2 Includes $2.4 billion, as at October 31, 2020, of assets related to repurchase agreements or swaps that are collateralized by physical precious metals (October 31, 2019 – $1.3 billion). 3 Associated liabilities are all related to repurchase agreements.

Structured Entities (Tables)

Structured Entities (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Carrying Amount and Maximum Exposure to Unconsolidated Structured Entities	Carrying Amount and Maximum Exposure to Unconsolidated Structured Entities (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Securitizations Investment funds and Other Total Securitizations Investment funds and Other Total FINANCIAL ASSETS Trading loans, securities, and other $ 8,764 $ 845 $ – $ 9,609 $ 8,450 $ 1,096 $ – $ 9,546 Non-trading financial assets at fair value through profit or loss 3,680 513 68 4,261 3,649 488 – 4,137 Derivatives 1 – 368 6 374 – 64 6 70 Financial assets designated at fair value through profit or loss – 23 – 23 – 4 – 4 Financial assets at fair value through other comprehensive income 30,278 2,395 7 32,680 34,451 1,550 9 36,010 Debt securities at amortized cost, net of allowance for credit losses 104,914 28 – 104,942 85,456 – – 85,456 Loans 2,134 5 – 2,139 1,314 5 – 1,319 Other 8 – 3,098 3,106 6 – 3,027 3,033 Total assets 149,778 4,177 3,179 157,134 133,326 3,207 3,042 139,575 FINANCIAL LIABILITIES Derivatives 1 – 150 – 150 – 395 – 395 Obligations related to securities sold short 3,337 335 – 3,672 3,164 503 – 3,667 Total liabilities 3,337 485 – 3,822 3,164 898 – 4,062 Off-balance sheet exposure 2 16,431 5,105 1,289 22,825 17,233 4,234 1,222 22,689 Maximum exposure to loss from involvement with unconsolidated structured entities $ 162,872 $ 8,797 $ 4,468 $ 176,137 $ 147,395 $ 6,543 $ 4,264 $ 158,202 Size of sponsored unconsolidated structured entities 3 $ 10,862 $ 37,286 $ 1,200 $ 49,348 $ 10,068 $ 37,638 $ 1,200 $ 48,906 1 Derivatives primarily subject to vanilla interest rate or foreign exchange risk are not included in these amounts as those derivatives are designed to align the structured entity’s cash flows with risks absorbed by investors and are not predominantly designed to expose the Bank to variable returns created by the entity. 2 For the purposes of this disclosure, off-balance sheet exposure represents the notional value of liquidity facilities, guarantees, or other off-balance sheet commitments without considering the effect of collateral or other credit enhancements. 3 The size of sponsored unconsolidated structured entities is provided based on the most appropriate measure of size for the type of entity: (1) The par value of notes issued by securitization conduits and similar liability issuers; (2) the total AUM of investment funds and trusts; and (3) the total fair value of partnership or equity shares in issue for partnerships and similar equity issuers.

Derivatives (Tables)

Derivatives (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Fair Value of Derivatives	The Bank assesses and measures the hedge effectiveness based on the change in the fair value of the hedging instrument relative to the change in the cash flows of the hedged item attributable to movement in equity price, using the hypothetical derivative method. Fair Value of Derivatives (millions of Canadian dollars) October 31, 2020 October 31, 2019 Fair value as Fair value as Positive Negative Positive Negative Derivatives held or issued for trading purposes Interest rate contracts Forward rate agreements $ 38 $ 71 $ 24 $ 149 Swaps 12,290 15,068 11,244 11,952 Options written – 1,321 – 1,099 Options purchased 1,322 – 1,168 – Total interest rate contracts 13,650 16,460 12,436 13,200 Foreign exchange contracts Forward contracts 818 1,361 713 1,540 Swaps 10,858 9,649 12,734 12,613 Cross-currency interest rate swaps 15,106 14,431 14,721 12,913 Options written – 286 – 302 Options purchased 256 – 289 – Total foreign exchange contracts 27,038 25,727 28,457 27,368 Credit derivative contracts Credit default swaps – protection purchased 3 165 – 241 Credit default swaps – protection sold 7 9 16 – Total credit derivative contracts 10 174 16 241 Other contracts Equity contracts 3,649 3,328 748 2,942 Commodity contracts 2,414 1,993 1,524 1,335 Total other contracts 6,063 5,321 2,272 4,277 Fair value – trading 46,761 47,682 43,181 45,086 Derivatives held or issued for non-trading purposes Interest rate contracts Forward rate agreements 2 1 – 2 Swaps 4,299 2,671 2,365 1,303 Options written – 2 – 1 Options purchased 9 – 15 – Total interest rate contracts 4,310 2,674 2,380 1,306 Foreign exchange contracts Forward contracts 608 187 660 90 Swaps 8 1 2 22 Cross-currency interest rate swaps 1,964 1,399 1,531 1,919 Total foreign exchange contracts 2,580 1,587 2,193 2,031 Credit derivative contracts Credit default swaps – protection purchased 9 153 – 179 Total credit derivative contracts 9 153 – 179 Other contracts Equity contracts 582 1,107 1,140 1,449 Total other contracts 582 1,107 1,140 1,449 Fair value – non-trading 7,481 5,521 5,713 4,965 Total fair value $ 54,242 $ 53,203 $ 48,894 $ 50,051
Summary of Fair Values of Non-Trading Derivative Instruments Categorized by Hedging Relationships	The following table distinguishes derivatives held or issued for non-trading purposes between those that have been designated in qualifying hedge accounting relationships and those which have not been designated in qualifying hedge accounting relationships as at October 31, 2020 and October 31, 2019. Fair Value of Non-Trading Derivatives 1 (millions of Canadian dollars) As at October 31, 2020 Derivative Assets Derivative Liabilities Derivatives in qualifying Derivatives hedging Derivatives in qualifying Derivatives hedging Fair Cash Net Total Fair value Cash flow Net investment Total Derivatives held or issued for non-trading purposes Interest rate contracts $ 1,624 $ 1,061 $ – $ 1,625 $ 4,310 $ 884 $ 81 $ – $ 1,709 $ 2,674 Foreign exchange contracts – 2,503 – 77 2,580 – 1,546 – 41 1,587 Credit derivative contracts – – – 9 9 – – – 153 153 Other contracts – 200 – 382 582 – 142 – 965 1,107 Fair value – non-trading $ 1,624 $ 3,764 $ – $ 2,093 $ 7,481 $ 884 $ 1,769 $ – $ 2,868 $ 5,521 October 31, 2019 Derivatives held or issued for non-trading purposes Interest rate contracts $ 882 $ 804 $ – $ 694 $ 2,380 $ 786 $ (46 ) $ – $ 566 $ 1,306 Foreign exchange contracts – 2,175 2 16 2,193 – 1,910 58 63 2,031 Credit derivative contracts – – – – – – – – 179 179 Other contracts – 531 – 609 1,140 – – – 1,449 1,449 Fair value – non-trading $ 882 $ 3,510 $ 2 $ 1,319 $ 5,713 $ 786 $ 1,864 $ 58 $ 2,257 $ 4,965 1 Certain derivative assets qualify to be offset with certain derivative liabilities on the Consolidated Balance Sheet. Refer to Note 6 for further details.
Summary of Effect of Fair Value Hedges and Cash Flow and Net Investment Hedges	The following table presents the effects of fair value hedges on the Consolidated Balance Sheet and the Consolidated Statement of Income. Fair Value Hedges (millions of Canadian dollars) For the years ended or as at October 31 2020 Change in Change in fair Hedge Carrying Accumulated 1 Accumulated de-designated Assets Interest rate risk Debt securities at amortized cost $ 1,377 $ (1,384 ) $ (7 ) $ 59,095 $ 2,572 $ 215 Financial assets at fair value through other comprehensive income 1,413 (1,414 ) (1 ) 66,000 1,812 52 Loans 1,834 (1,838 ) (4 ) 36,019 2,059 37 Total assets 4,624 (4,636 ) (12 ) 161,114 6,443 304 Liabilities Interest rate risk Deposits (3,962 ) 3,922 (40 ) 142,464 4,703 72 Securitization liabilities at amortized cost (201 ) 202 1 3,519 230 – Subordinated notes and debentures (246 ) 246 – 2,658 111 (13 ) Total liabilities (4,409 ) 4,370 (39 ) 148,641 5,044 59 Total $ 215 $ (266 ) $ (51 ) 2019 Assets Interest rate risk Debt securities at amortized cost $ 2,144 $ (2,160 ) $ (16 ) $ 46,888 $ 1,502 $ – Financial assets at fair value through other comprehensive income 3,286 (3,299 ) (13 ) 78,688 580 (119 ) Loans 1,440 (1,458 ) (18 ) 59,270 741 (6 ) Total assets 6,870 (6,917 ) (47 ) 184,846 2,823 (125 ) Liabilities Interest rate risk Deposits (4,566 ) 4,584 18 125,602 2,214 (11 ) Securitization liabilities at amortized cost (149 ) 151 2 5,481 82 – Subordinated notes and debentures (189 ) 190 1 5,071 (28 ) (135 ) Total liabilities (4,904 ) 4,925 21 136,154 2,268 (146 ) Total $ 1,966 $ (1,992 ) $ (26 ) 2018 Total $ (802 ) $ 804 $ 2 1 The Bank has portfolios of fixed rate financial assets and liabilities whereby the notional amount changes frequently due to originations, issuances, maturities and prepayments. The interest rate risk hedges on these portfolios are rebalanced dynamically. Cash Flow Hedges and Net Investment Hedges The following table presents the effects of cash flow hedges and net investment hedges on the Bank’s Consolidated Statement of Income and the Consolidated Statement of Comprehensive Income. Cash Flow and Net Investment Hedges (millions of Canadian dollars) For the years ended October 31 2020 Change in value Change in fair Hedge Hedging 1 Amount reclassified 1 Net change 1 Cash flow hedges 2 Interest rate risk 3 $ (3,884 ) $ 3,891 $ 7 $ 4,222 $ 609 $ 3,613 Foreign exchange risk 4,5,6 (1,129 ) 1,122 (7 ) 650 1,043 (393 ) Equity price risk 364 (364 ) – (364 ) (294 ) (70 ) Total cash flow hedges $ (4,649 ) $ 4,649 $ – $ 4,508 $ 1,358 $ 3,150 Net investment hedges $ 394 $ (394 ) $ – $ (394 ) $ (2,077 ) $ 1,683 2019 Cash flow hedges 2 Interest rate risk 3 $ (5,087 ) $ 5,089 $ 2 $ 5,041 $ (218 ) $ 5,259 Foreign exchange risk 4,5,6 251 (250 ) 1 (466 ) (572 ) 106 Equity price risk (122 ) 122 – 122 117 5 Total cash flow hedges $ (4,958 ) $ 4,961 $ 3 $ 4,697 $ (673 ) $ 5,370 Net investment hedges $ (180 ) $ 180 $ – $ 180 $ – $ 180 2018 Total cash flow hedges 2 2,070 $ (2,072 ) $ (2 ) $ (2,100 ) $ 738 $ (2,838 ) Net investment hedges 392 $ (392 ) $ – $ (392 ) $ – $ (392 ) 1 Effects on other comprehensive income are presented on a pre-tax basis. 2 During the years ended October 31, 2020, October 31, 2019, and October 31, 2018, there were no instances where forecasted hedged transactions failed to occur. 3 Hedged items include forecasted interest cash flows on loans , 4 For non-derivative instruments designated as hedging foreign exchange risk, fair value change is measured as the gains and losses due to spot foreign exchange movements. 5 Cross-currency swaps may be used to hedge foreign exchange risk or a combination of interest rate risk and foreign exchange risk in a single hedging relationship. These hedges are disclosed in the above risk category (foreign exchange risk). 6 Hedged items include principal and interest cash flows on foreign denominated securities, loans, deposits, other liabilities, and subordinated notes and debentures.
Summary of Reconciliation of Accumulated Other Comprehensive Income (Loss)	Reconciliation of Accumulated Other Comprehensive Income (Loss) 1 (millions of Canadian dollars) For the years ended October 31 2020 Accumulated other Net changes in other Accumulated other Accumulated other Accumulated other de-designated hedges Cash flow hedges Interest rate risk $ 1,603 $ 3,613 $ 5,216 $ 1,881 $ 3,335 Foreign exchange risk 353 (393 ) (40 ) (40 ) – Equity price risk 25 (70 ) (45 ) (45 ) – Total cash flow hedges $ 1,981 $ 3,150 $ 5,131 $ 1,796 $ 3,335 Net investment hedges Foreign translation risk $ (5,509 ) $ 1,683 $ (3,826 ) $ (3,826 ) $ – 2019 Cash flow hedges Interest rate risk $ (3,656 ) $ 5,259 $ 1,603 $ 1,226 $ 377 Foreign exchange risk 247 106 353 353 – Equity price risk 20 5 25 25 – Total cash flow hedges $ (3,389 ) $ 5,370 $ 1,981 $ 1,604 $ 377 Net investment hedges Foreign translation risk $ (5,689 ) $ 180 $ (5,509 ) $ (5,509 ) $ – 1 Presented on a pre-tax basis and excludes the Bank’s equity in the AOCI of an investment in TD Ameritrade.
Summary of Notional Amounts of Over the Counter and Exchange Traded Derivatives	Over-the-Counter and Exchange-Traded Derivatives (millions of Canadian dollars) As at October 31 October 31 Trading Over-the-Counter 1 Clearing 2 Non Exchange- Total Non- 3 Total Total Notional Interest rate contracts Futures $ – $ – $ 546,112 $ 546,112 $ – $ 546,112 $ 884,565 Forward rate agreements 1,468,217 9,035 – 1,477,252 1,497 1,478,749 1,846,927 Swaps 8,659,568 350,193 – 9,009,761 1,338,113 10,347,874 11,412,846 Options written – 89,499 275,160 364,659 1,649 366,308 246,268 Options purchased – 82,712 366,412 449,124 3,914 453,038 314,793 Total interest rate contracts 10,127,785 531,439 1,187,684 11,846,908 1,345,173 13,192,081 14,705,399 Foreign exchange contracts Futures – – – – – – 16 Forward contracts – 116,537 – 116,537 31,717 148,254 190,465 Swaps – 2,035,231 – 2,035,231 1,263 2,036,494 1,749,551 Cross-currency interest rate swaps – 896,278 – 896,278 97,182 993,460 858,701 Options written – 17,863 40 17,903 – 17,903 27,654 Options purchased – 17,894 26 17,920 – 17,920 27,295 Total foreign exchange contracts – 3,083,803 66 3,083,869 130,162 3,214,031 2,853,682 Credit derivative contracts Credit default swaps – protection purchased 8,444 102 – 8,546 4,196 12,742 12,670 Credit default swaps – protection sold 1,336 207 – 1,543 1 1,544 1,112 Total credit derivative contracts 9,780 309 – 10,089 4,197 14,286 13,782 Other contracts Equity contracts – 76,337 71,960 148,297 27,767 176,064 188,371 Commodity contracts 66 46,370 56,835 103,271 – 103,271 96,687 Total other contracts 66 122,707 128,795 251,568 27,767 279,335 285,058 Total $ 10,137,631 $ 3,738,258 $ 1,316,545 $ 15,192,434 $ 1,507,299 $ 16,699,733 $ 17,857,921 1 Collateral held under a Credit Support Annex to help reduce counterparty credit risk is in the form of high-quality and liquid assets such as cash and high-quality government securities. Acceptable collateral is governed by the Collateralized Trading Policy. 2 Derivatives executed through a central clearing house reduce settlement risk due to the ability to net settle offsetting positions for capital purposes and therefore receive preferential capital treatment compared to those settled with non-central clearing house counterparties. 3 As at October 31, 2020, includes $1,150 billion of OTC derivatives that are transacted with clearing houses (October 31, 2019 – $1,454 billion) and $357 billion of OTC derivatives that are transacted with non-clearing houses (October 31, 2019 – $352 billion). There were no exchange-traded derivatives both as at October 31, 2020 and October 31, 2019.
Schedule of Notional Amount of Non-trading Derivatives	The following table distinguishes the notional amount of derivatives held or issued for non-trading purposes between those that have been designated in qualifying hedge accounting relationships and those which have not been designated in qualifying hedge accounting relationships. Notional of Non-Trading Derivatives (millions of Canadian dollars) As at October 31, 2020 Derivatives in qualifying hedging relationships Derivatives not in qualifying hedging Derivatives held or issued for hedging (non-trading) purposes Fair Cash 1 Net 1 Total Interest rate contracts $ 313,461 $ 193,897 $ – $ 837,815 $ 1,345,173 Foreign exchange contracts – 121,263 44 8,855 130,162 Credit derivative contracts – – – 4,197 4,197 Other contracts – 1,630 – 26,137 27,767 Total notional non-trading $ 313,461 $ 316,790 $ 44 $ 877,004 $ 1,507,299 October 31, 2019 Interest rate contracts $ 337,374 $ 234,134 $ – $ 1,077,788 $ 1,649,296 Foreign exchange contracts – 117,532 1,292 4,525 123,349 Credit derivative contracts – – – 3,199 3,199 Other contracts – 2,079 – 27,375 29,454 Total notional non-trading $ 337,374 $ 353,745 $ 1,292 $ 1,112,887 $ 1,805,298 1 Certain cross-currency swaps are executed using multiple derivatives, including interest rate swaps. These derivatives are used to hedge foreign exchange rate risk in cash flow hedges and net investment hedges.
Summary of Notional Amounts of Over-the-counter Derivatives and Exchange-traded Derivatives Based on Their Contractual Terms to Maturity	Derivatives by Remaining Term-to-Maturity (millions of Canadian dollars) As at October 31 October 31 Notional Principal Within Over 1 year Over Total Total Interest rate contracts Futures $ 422,942 $ 123,170 $ – $ 546,112 $ 884,565 Forward rate agreements 1,431,511 46,454 784 1,478,749 1,846,927 Swaps 3,184,527 5,020,569 2,142,778 10,347,874 11,412,846 Options written 293,678 63,196 9,434 366,308 246,268 Options purchased 383,966 59,949 9,123 453,038 314,793 Total interest rate contracts 5,716,624 5,313,338 2,162,119 13,192,081 14,705,399 Foreign exchange contracts Futures – – – – 16 Forward contracts 137,409 10,761 84 148,254 190,465 Swaps 1,993,627 36,992 5,875 2,036,494 1,749,551 Cross-currency interest rate swaps 253,709 543,801 195,950 993,460 858,701 Options written 15,796 1,830 277 17,903 27,654 Options purchased 15,671 1,964 285 17,920 27,295 Total foreign exchange contracts 2,416,212 595,348 202,471 3,214,031 2,853,682 Credit derivative contracts Credit default swaps – protection purchased 1,869 4,526 6,347 12,742 12,670 Credit default swaps – protection sold 410 901 233 1,544 1,112 Total credit derivative contracts 2,279 5,427 6,580 14,286 13,782 Other contracts Equity contracts 132,950 43,103 11 176,064 188,371 Commodity contracts 87,727 15,333 211 103,271 96,687 Total other contracts 220,677 58,436 222 279,335 285,058 Total $ 8,355,792 $ 5,972,549 $ 2,371,392 $ 16,699,733 $ 17,857,921
Summary of Hedging Instruments by Term to Maturity	The following table discloses the notional amount and average price of derivative instruments designated in qualifying hedge accounting relationships. Hedging Instruments by Remaining Term-to-Maturity (millions of Canadian dollars, except as noted) As at October 31 October 31 Notional Within Over 1 year Over Total Total Interest rate risk Interest rate swaps Notional – pay fixed $ 35,776 $ 76,270 $ 48,976 $ 161,022 $ 201,878 Average fixed interest rate % 1.29 1.54 1.53 Notional – received fixed 37,905 140,448 50,404 228,757 248,779 Average fixed interest rate % 0.93 1.58 0.89 Total notional – interest rate risk 73,681 216,718 99,380 389,779 450,657 Foreign exchange risk 1 Forward contracts Notional – USD/CAD 680 775 200 1,655 1,063 Average FX forward rate 1.32 1.33 1.34 Notional – EUR/CAD 4,240 12,471 316 17,027 17,009 Average FX forward rate 1.56 1.65 1.73 Notional – other 44 – – 44 1,292 Cross-currency swaps 2,3 Notional – USD/CAD 27,547 24,498 2,634 54,679 49,455 Average FX rate 1.30 1.32 1.33 Notional – EUR/CAD 2,327 16,691 2,898 21,916 23,474 Average FX rate 1.46 1.51 1.50 Notional – GBP/CAD 2,071 3,020 284 5,375 5,033 Average FX rate 1.72 1.70 1.71 Notional – other currency pairs 4 9,691 10,365 552 20,608 21,468 Total notional – foreign exchange risk 46,600 67,820 6,884 121,304 118,794 Equity Price Risk Notional – equity forward contracts 1,657 – – 1,657 2,092 Total notional $ 121,938 $ 284,538 $ 106,264 $ 512,740 $ 571,543 1 Foreign currency denominated deposit liabilities are also used to hedge foreign exchange risk. As at October 31, 2020, the carrying value of these non-derivative hedging instruments was $27.9 billion (October 31, 2019 – $23.9 billion) designated under net investment hedges. 2 Cross-currency swaps may be used to hedge foreign exchange risk or a combination of interest rate risk and foreign exchange risk in a single hedge relationship. Both these types of hedges are disclosed under the Foreign exchange risk as the risk category. 3 Certain cross-currency swaps are executed using multiple derivatives, including interest rate swaps. The notional amount of these interest rate swaps, excluded from the above, is $117.6 billion as at October 31, 2020 (October 31, 2019 – $120.9 billion). 4 Includes derivatives executed to manage non-trading foreign currency exposures, when more than one currency is involved prior to hedging to the Canadian dollar, when the functional currency of the entity is not the Canadian dollar, or when the currency pair is not a significant exposure for the Bank.
Summary of Derivative Instruments Designated in Qualifying Hedge Accounting Relationships	The following table discloses the notional amount of derivative instruments designated in qualifying hedge accounting relationships, disaggregated by significant interest rate benchmark, that have yet to transition to an alternative benchmark rate for contracts maturing after December 31, 2021. EURIBOR underwent a methodology change in 2019 and will continue as a benchmark rate in the foreseeable future and is excluded from this table. As at October 31, 2020, the notional amount of derivative instruments indexed to EURIBOR in designated hedge accounting relationships is $46 billion (October 31, 2019 – $48 billion). As at October 31, 2020, none of the Bank’s derivative instruments in designated hedge accounting relationships have transitioned to an ARR. Derivative Instruments Designated in Qualifying Hedge Accounting Relationships 1,2 (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Notional Hedging derivatives maturing after December 31, 2021 Interest rate risk Interest rate swaps US LIBOR $ 210,352 $ 173,763 GBP LIBOR – – Foreign exchange risk Interest rate swaps US LIBOR 17,024 9,586 GBP LIBOR 1,726 1,706 Cross-currency swaps 3 US LIBOR 34,359 21,539 GBP LIBOR 2,589 2,559 Total $ 266,050 $ 209,153 1 US LIBOR transitioning to Secured Overnight Financing Rate (SOFR). GBP LIBOR transitioning to Sterling Overnight Interbank Average Rate (SONIA). 2 Excludes hedging derivatives which reference rates in multi-rate jurisdictions, including CDOR. Derivative instruments indexed to 6-month and 12-month CDOR tenors will be discontinued on May 17, 2021 while other tenors of CDOR will continue as a benchmark rate. As at October 31, 2020, the Bank does not have any derivative instruments indexed to 6-month or 12-month CDOR in designated hedge accounting relationships. 3 Cross-currency swaps may be used to hedge foreign exchange risk or a combination of interest rate risk and foreign exchange risk in a single hedge relationship. Both these types of hedges are disclosed under the Foreign exchange risk as the risk category.
Credit Exposure of Derivatives	Credit Exposure of Derivatives 1 (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Current Credit Risk- Current Credit Risk- Interest rate contracts Forward rate agreements $ 20 $ 325 $ 229 $ 31 $ 536 $ 449 Swaps 4,347 10,607 2,641 3,210 9,635 1,809 Options written 33 129 36 64 224 60 Options purchased 5 75 23 69 235 42 Total interest rate contracts 4,405 11,136 2,929 3,374 10,630 2,360 Foreign exchange contracts Forward contracts 465 2,364 353 434 2,555 375 Swaps 1,999 15,638 1,370 1,961 14,286 1,635 Cross-currency interest rate swaps 2,087 10,422 1,500 1,812 10,288 1,183 Options written 29 135 44 29 193 45 Options purchased 8 104 28 19 170 38 Total foreign exchange contracts 4,588 28,663 3,295 4,255 27,492 3,276 Other contracts Credit derivatives 3 508 123 6 634 149 Equity contracts 689 8,513 1,376 151 5,706 667 Commodity contracts 714 3,610 975 383 3,083 627 Total other contracts 1,406 12,631 2,474 540 9,423 1,443 Total derivatives 10,399 52,430 8,698 8,169 47,545 7,079 Qualifying Central Counterparty (QCCP) Contracts 3,274 14,150 410 3,085 12,967 349 Total $ 13,673 $ 66,580 $ 9,108 $ 11,254 $ 60,512 $ 7,428 1 Certain comparative amounts have been reclassified to conform with the presentation adopted in the current year.
Summary of Current Replacement Cost of Derivatives by Sector	Current Replacement Cost of Derivatives (millions of Canadian dollars, except as noted) As at Canada 1 United States 1 Other international 1 Total By sector October 31 October 31 October 31 October 31 October 31 October 31 October 31 October 31 Financial $ 2,562 $ 2,416 $ 123 $ 80 $ 309 $ 245 $ 2,994 $ 2,741 Government 2,156 1,836 26 43 116 221 2,298 2,100 Other 2,092 1,279 2,397 1,531 618 518 5,107 3,328 Total current replacement cost $ 6,810 $ 5,531 $ 2,546 $ 1,654 $ 1,043 $ 984 $ 10,399 $ 8,169
Summary of Current Replacement Cost of Derivatives by Location	By location of risk October 31 October 31 October 31 October 31 % mix Canada $ 3,752 $ 2,768 36.1 % 33.9 % United States 4,078 2,936 39.2 36.0 Other international United Kingdom 371 501 3.6 6.1 Europe – other 1,414 1,211 13.6 14.8 Other 784 753 7.5 9.2 Total Other international 2,569 2,465 24.7 30.1 Total current replacement cost $ 10,399 $ 8,169 100.0 % 100.0 % 1 Based on geographic location of unit responsible for recording revenue.

Investment in Associates and _2

Investment in Associates and Joint Ventures (Tables)	12 Months Ended
	Oct. 31, 2020
TD Ameritrade Holding Corporation [member]
Statement [LineItems]
Summary of Condensed Financial Statements	The condensed financial statements of TD Ameritrade, based on its consolidated financial statements, are included in the following tables. Condensed Consolidated Balance Sheets 1 (millions of Canadian dollars) As at September 30 September 30 Assets Receivables from brokers, dealers, and clearing organizations $ 2,070 $ 3,212 Receivables from clients, net 36,938 27,156 Other assets, net 36,223 27,303 Total assets $ 75,231 $ 57,671 Liabilities Payable to brokers, dealers, and clearing organizations $ 4,307 $ 4,357 Payable to clients 50,382 35,650 Other liabilities 7,174 6,205 Total liabilities 61,863 46,212 Stockholders’ equity 2 13,368 11,459 Total liabilities and stockholders’ equity $ 75,231 $ 57,671 1 Customers’ securities are reported on a settlement date basis whereas the Bank reports customers’ securities on a trade date basis. 2 As at October 31, 2019, the difference between the carrying value of the Bank’s investment in TD Ameritrade and the Bank’s share of TD Ameritrade’s stockholders’ equity was comprised of goodwill, other intangibles, and the cumulative translation adjustment. Condensed Consolidated Statements of Income (millions of Canadian dollars, except as noted) For the years ended September 30 2020 2019 2018 Revenues Net interest revenue $ 1,873 $ 2,036 $ 1,635 Fee-based and other revenue 6,202 5,947 5,365 Total revenues 8,075 7,983 7,000 Operating expenses Employee compensation and benefits 1,905 1,756 1,992 Other 2,388 2,245 2,434 Total operating expenses 4,293 4,001 4,426 Other expense (income) 143 94 142 Pre-tax income 3,639 3,888 2,432 Provision for income taxes 910 957 535 Net income 1,2 $ 2,729 $ 2,931 $ 1,897 Earnings per share – basic (Canadian dollars) $ 5.04 $ 5.27 $ 3.34 Earnings per share – diluted (Canadian dollars) 5.02 5.26 3.32 1 The Bank’s share of TD Ameritrade’s earnings is based on the published consolidated financial statements of TD Ameritrade after converting into Canadian dollars and is subject to adjustments relating to the amortization of certain intangibles. 2 The Bank’s share of TD Ameritrade’s earnings for the year ended October 31, 2018 included a net favourable adjustment of $41 million (US$32 million) primarily representing the Bank’s share of TD Ameritrade’s remeasurement of its deferred income tax balances as a result of the reduction in the U.S. federal corporate income tax rate.

Goodwill and Other Intangibles

Goodwill and Other Intangibles (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Goodwill by Segment	Goodwill by Segment (millions of Canadian dollars) Canadian U.S. 1 Wholesale Total Carrying amount of goodwill as at November 1, 2018 $ 2,403 $ 13,973 $ 160 $ 16,536 Additions 432 – – 432 Foreign currency translation adjustments and other 1 7 – 8 Carrying amount of goodwill as at October 31, 2019 $ 2,836 $ 13,980 $ 160 $ 16,976 Foreign currency translation adjustments and other 10 162 – 172 Carrying amount of goodwill as at October 31, 2020 2 $ 2,846 $ 14,142 $ 160 $ 17,148 Pre-tax discount rates 2019 9.7–11.0 % 9.6–11.8 % 12.7 % 2020 9.7–11.0 9.2–11.8 12.7 1 Goodwill predominantly relates to U.S. personal and commercial banking. 2 Accumulated impairment as at October 31, 2020 and October 31, 2019 was nil.
Summary of Other Intangibles	The following table presents details of other intangibles as at October 31, 2020 and October 31, 2019. Other Intangibles (millions of Canadian dollars) Core deposit Credit card Internally Other Other Total Cost As at November 1, 2018 $ 2,575 $ 759 $ 2,760 $ 300 $ 586 $ 6,980 Additions – 83 541 63 163 850 Disposals – – (40 ) – – (40 ) Fully amortized intangibles – – (322 ) (79 ) – (401 ) Foreign currency translation adjustments and other 1 – (12 ) 11 (6 ) (6 ) As at October 31, 2019 $ 2,576 $ 842 $ 2,927 $ 295 $ 743 $ 7,383 Additions – – 327 44 41 412 Disposals – – (55 ) (25 ) – (80 ) Fully amortized intangibles – – (391 ) (37 ) – (428 ) Foreign currency translation adjustments and other 30 2 26 1 6 65 As at October 31, 2020 $ 2,606 $ 844 $ 2,834 $ 278 $ 790 $ 7,352 Amortization and impairment As at November 1, 2018 $ 2,404 $ 542 $ 1,031 $ 184 $ 360 $ 4,521 Disposals – – (14 ) – – (14 ) Impairment losses – – 4 – 1 5 Amortization charge for the year 76 86 474 82 58 776 Fully amortized intangibles – – (322 ) (79 ) – (401 ) Foreign currency translation adjustments and other 1 – (6 ) 4 (6 ) (7 ) As at October 31, 2019 $ 2,481 $ 628 $ 1,167 $ 191 $ 413 $ 4,880 Disposals – – (32 ) (25 ) – (57 ) Impairment losses – – 4 – 13 17 Amortization charge for the year 54 60 528 73 66 781 Fully amortized intangibles – – (391 ) (37 ) – (428 ) Foreign currency translation adjustments and other 28 2 (1 ) 2 3 34 As at October 31, 2020 $ 2,563 $ 690 $ 1,275 $ 204 $ 495 $ 5,227 Net Book Value: As at October 31, 2019 $ 95 $ 214 $ 1,760 $ 104 $ 330 $ 2,503 As at October 31, 2020 43 154 1,559 74 295 2,125

Land, Buildings, Equipment, a_2

Land, Buildings, Equipment, and Other Depreciable Assets (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Land, Buildings, Equipment, and Other Depreciable Assets	The following table presents details of the Bank’s land, buildings, equipment, and other depreciable assets as at October 31, 2019 and October 31, 2020. Land, Buildings, Equipment, and Other Depreciable Assets (millions of Canadian dollars) Land Buildings Computer Furniture, Leasehold Total Cost As at November 1, 2018 $ 971 $ 3,378 $ 829 $ 1,315 $ 1,993 $ 8,486 Additions 30 194 259 147 227 857 Acquisitions through business combinations – – – 1 2 3 Disposals (2 ) (29 ) (119 ) (35 ) (48 ) (233 ) Fully depreciated assets – (45 ) (156 ) (63 ) (53 ) (317 ) Foreign currency translation adjustments and other (12 ) (10 ) – (14 ) 18 (18 ) As at October 31, 2019 987 3,488 813 1,351 2,139 8,778 Impact on adoption of IFRS 16 1 – (71 ) (188 ) – – (259 ) As at November 1, 2019 987 3,417 625 1,351 2,139 8,519 Additions 1 217 233 149 315 915 Disposals (1 ) (16 ) (76 ) (74 ) (71 ) (238 ) Fully depreciated assets – (28 ) 17 (20 ) (69 ) (100 ) Foreign currency translation adjustments and other 2 (19 ) (105 ) 4 (10 ) 6 (124 ) As at October 31, 2020 $ 968 $ 3,485 $ 803 $ 1,396 $ 2,320 $ 8,972 Accumulated depreciation and impairment losses As at November 1, 2018 $ – $ 1,173 $ 449 $ 605 $ 935 $ 3,162 Depreciation charge for the year – 120 168 138 179 605 Disposals – (19 ) (85 ) (31 ) (38 ) (173 ) Fully depreciated assets – (45 ) (156 ) (63 ) (53 ) (317 ) Foreign currency translation adjustments and other – (11 ) 1 (1 ) (1 ) (12 ) As at October 31, 2019 – 1,218 377 648 1,022 3,265 Impact on adoption of IFRS 16 1 – 185 (129 ) – – 56 As at November 1, 2019 – 1,403 248 648 1,022 3,321 Depreciation charge for the year – 155 172 156 194 677 Disposals – (27 ) (48 ) (62 ) (43 ) (180 ) Impairment losses – 53 3 – – 56 Fully depreciated assets – (28 ) 17 (20 ) (69 ) (100 ) Foreign currency translation adjustments and other 2 – (122 ) (18 ) (3 ) 24 (119 ) As at October 31, 2020 $ – $ 1,434 $ 374 $ 719 $ 1,128 $ 3,655 Net Book Value Excluding Right of Use Assets: As at October 31, 2019 $ 987 $ 2,270 $ 436 $ 703 $ 1,117 $ 5,513 As at October 31, 2020 968 2,051 429 677 1,192 5,317 1 Refer to Note 4 for further details. 2 Includes adjustments to reclassify premises related non-current assets held-for-sale to other assets. Total Land, Buildings, Equipment, and Other Depreciable Assets Net Book Value (millions of Canadian dollars) Land Buildings Computer Furniture, Leasehold Total As at October 31, 2019 $ 987 $ 2,270 $ 436 $ 703 $ 1,117 $ 5,513 As at October 31, 2020 1,924 5,872 471 677 1,192 10,136
Summary of Right of Use Assets	The following table presents details of the Bank’s ROU assets as recorded in accordance with IFRS 16. Refer to Note 18: Other Liabilities Provisions, Contingent Liabilities, Commitments, Guarantees, Pledged Assets and Collateral Right of Use Assets Net Book Value (millions of Canadian dollars) Land Buildings Computer Total As at October 31, 2019 $ n/a $ n/a $ n/a $ n/a Impact on adoption of IFRS 16 1 1,027 3,377 59 4,463 As at November 1, 2019 1,027 3,377 59 4,463 Additions 2 733 – 735 Depreciation (98 ) (476 ) (17 ) (591 ) Reassessments, modifications, and variable lease payment adjustments 14 186 – 200 Terminations and impairment (2 ) (18 ) – (20 ) Foreign currency translation adjustments and other 13 19 – 32 As at October 31, 2020 $ 956 $ 3,821 $ 42 $ 4,819 1 Refer to Note 4 for further details.

Other Assets (Tables)

Other Assets (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Schedule of Other Assets	Other Assets (millions of Canadian dollars) As at October 31 October 31 Accounts receivable and other items $ 10,799 $ 9,069 Accrued interest 2,336 2,479 Current income tax receivable 2,294 2,468 Defined benefit asset 9 13 Insurance-related assets, excluding investments 2,268 1,761 Prepaid expenses 1,150 1,297 Total $ 18,856 $ 17,087

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Oct. 31, 2020
Statement [LineItems]
Summary of Deposit Liabilities	Deposits (millions of Canadian dollars) As at By Type By Country October 31 October 31 Demand Notice Term 1 Canada United States International Total Total Personal $ 20,237 $ 545,695 $ 59,268 $ 274,953 $ 350,244 $ 3 $ 625,200 $ 503,430 Banks 2 13,974 126 14,869 19,735 4,692 4,542 28,969 16,751 Business and government 3 115,436 197,845 167,883 326,460 151,431 3,273 481,164 366,796 Trading 2 – – 19,177 11,842 2,657 4,678 19,177 26,885 Designatedat fair value through profit or loss 2,4 – – 59,626 27,555 26,080 5,991 59,626 105,100 Total $ 149,647 $ 743,666 $ 320,823 $ 660,545 $ 535,104 $ 18,487 $ 1,214,136 $ 1,018,962 Non-interest-bearing deposits included above In domestic offices $ 55,920 $ 43,887 In foreign offices 76,099 53,381 Interest-bearing deposits included above In domestic offices 604,625 530,608 In foreign offices 472,913 391,076 U.S. federal funds deposited 2 4,579 10 Total 3,5 $ 1,214,136 $ 1,018,962 1 Includes $27.58 billion (October 31, 2019 – $17 billion) of senior debt which is subject to the bank recapitalization “bail-in” regime. This regime provides certain statutory powers to the Canada Deposit Insurance Corporation, including the ability to convert specified eligible shares and liabilities into common shares in the event that the Bank becomes non-viable. 2 Includes deposits and advances with the Federal Home Loan Bank. 3 As at October 31, 2020, includes $40.5 billion relating to covered bondholders (October 31, 2019 – $39.9 billion) and $1.2 billion (October 31, 2019 – $1.2 billion) due to TD Capital Trust IV. 4 Financial liabilities designated at FVTPL consist of deposits designated at FVTPL and $39 million (October 31, 2019 – $31 million) of loan commitments and financial guarantees designated at FVTPL. 5 As at October 31, 2020, includes deposits of $708 billion (October 31, 2019 – $580 billion) denominated in U.S. dollars and $44 billion (October 31, 2019 – $52 billion) denominated in other foreign currencies.
Maturity Schedule of Term Deposits	Term Deposits by Remaining Term-to-Maturity (millions of Canadian dollars) As at October 31 October 31 2019 Within 1 year Over 1 year to Over 2 years to Over 3 years to Over 4 years to Over 5 years Total Total Personal $ 41,213 $ 10,096 $ 5,065 $ 1,712 $ 1,145 $ 37 $ 59,268 $ 58,006 Banks 14,859 – 3 – 2 5 14,869 8,397 Business and government 97,278 14,382 25,761 18,166 8,911 3,385 167,883 145,258 Trading 10,993 3,510 1,349 1,254 851 1,220 19,177 26,885 Designated at fair value through profit or loss 59,626 – – – – – 59,626 105,100 Total $ 223,969 $ 27,988 $ 32,178 $ 21,132 $ 10,909 $ 4,647 $ 320,823 $ 343,646
Within 1 year [member]
Statement [LineItems]
Maturity Schedule of Term Deposits	Term Deposits due within a Year (millions of Canadian dollars) As at October 31 2020 October 31 2019 Within Over 3 Over 6 Total Total Personal $ 15,235 $ 9,139 $ 16,839 $ 41,213 $ 38,941 Banks 14,462 313 84 14,859 8,387 Business and government 50,090 24,700 22,488 97,278 57,346 Trading 4,232 2,065 4,696 10,993 18,819 Designated at fair value through profit or loss 25,919 12,563 21,144 59,626 104,744 Total $ 109,938 $ 48,780 $ 65,251 $ 223,969 $ 228,237

Other Liabilities (Tables)

Other Liabilities (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Other Liabilities	Other Liabilities 1 (millions of Canadian dollars) As at October 31 2020 October 31 2019 Accounts payable, accrued expenses, and other items $ 6,571 $ 5,163 Accrued interest 1,142 1,393 Accrued salaries and employee benefits 2,900 3,245 Cheques and other items in transit 2,440 1,042 Current income tax payable 275 169 Deferred tax liabilities 284 193 Defined benefit liability 3,302 2,781 Lease liabilities 2 6,095 66 Liabilities related to structured entities 5,898 5,857 Provisions 1,569 1,095 Total $ 30,476 $ 21,004 1 Certain comparative amounts have been recast to conform with the presentation adopted in the current year. 2 Refer to Note 27 for lease liability maturity and lease payment details.

Subordinated Notes And Debent_2

Subordinated Notes And Debentures (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Subordinated Notes and Debentures	Subordinated Notes and Debentures (millions of Canadian dollars, except as noted) As at Maturity date Interest Reset spread (%) Earliest par redemption date October 31 2020 October 31 2019 May 26, 2025 9.150 n/a – $ 200 $ 198 June 24, 2025 1 2.692 2 1.210 2 June 24, 2020 3 – 1,496 September 30, 2025 1 2.982 2 1.830 2 September 30, 2020 4 – 996 September 14, 2028 1 3.589 2 1.060 2 September 14, 2023 1,743 1,738 July 25, 2029 1 3.224 2 1.250 2 July 25, 2024 1,561 1,509 April 22, 2030 1 3.105 2 2.160 2 April 22, 2025 5 2,974 – March 4, 2031 1 4.859 2 3.490 2 March 4, 2026 1,279 1,206 September 15, 2031 1 3.625 6 2.205 6 September 15, 2026 1,881 1,842 January 26, 2032 1 3.060 2 1.330 2 January 26, 2027 1,839 1,740 Total $ 11,477 $ 10,725 1 Non-viability contingent capital (NVCC). The subordinated notes and debentures qualify as regulatory capital under OSFI’s Capital Adequacy Requirements (CAR) guideline. If a NVCC conversion were to occur in accordance with the NVCC Provisions, the maximum number of common shares that could be issued based on the formula for conversion set out in the respective prospectus supplements, assuming there is no declared and unpaid interest on the respective subordinated notes, would be 525 million for the 3.589% subordinated debentures due September 14, 2028, 450 million for the 3.224% subordinated debentures due July 25, 2029, 900 million for the 3.105% subordinated debentures due April 22, 2030, 375 million for the 4.859% subordinated debentures due March 4, 2031, 450 million for the 3.625% subordinated debentures due September 15, 2031 (assuming a Canadian to U.S. dollar exchange rate of 1.00), and 525 million for the 3.060% subordinated debentures due January 26, 2032. 2 Interest rate is for the period to but excluding the earliest par redemption date, and thereafter, it will be reset at a rate of three-month Bankers’ Acceptance rate (as such term is defined in the applicable offering document) plus the reset spread noted. 3 On June 24, 2020, the Bank redeemed all of its outstanding $1.5 billion 2.692% NVCC subordinated debentures due June 24, 2025, at a redemption price of 100% of the principal amount plus accrued and unpaid interest to, but excluding, the redemption date. 4 On September 30, 2020, the Bank redeemed all of its outstanding $1 billion 2.982% NVCC subordinated debentures due September 30, 2025, at a redemption price of 100% of the principal amount plus accrued and unpaid interest to, but excluding, the redemption date. 5 On April 22, 2020, the Bank issued $3 billion of NVCC medium-term notes constituting subordinated indebtedness of the Bank (the “Notes”). The Notes bear interest at a fixed rate of 3.105% per annum (paid semi-annually) until April 22, 2025, and at the three-month Bankers’ Acceptance rate (as such term is defined in the applicable offering document) plus 2.16% thereafter (paid quarterly) until maturity on April 22, 2030. With the prior approval of OSFI, the Bank may, at its option, redeem the Notes on or after April 22, 2025, in whole or in part, at par plus accrued and unpaid interest. Not more than 60 nor less than 30 days’ notice is required to be given to the Notes’ holders for such redemptions. 6 Interest rate is for the period to but excluding the earliest par redemption date, and thereafter, it will be reset at a rate of 5-year Mid-Swap Rate plus the reset spread noted.
Maturities of Subordinated Notes and Debentures	The aggregate remaining maturities of the Bank’s subordinated notes and debentures are as follows: Maturities (millions of Canadian dollars) As at October 31 2020 October 31 2019 Within 1 year $ – $ – Over 1 year to 3 years – – Over 3 years to 4 years – – Over 4 years to 5 years 200 – Over 5 years 11,277 10,725 Total $ 11,477 $ 10,725

Capital Trust Securities (Table

Capital Trust Securities (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Capital Trust Securities	Capital Trust Securities (millions of Canadian dollars, except as noted) As at Redemption Thousands Distribution/Interest Annual At the option October 31 October 31 TD CaTS IV Notes issued by Trust IV TD Capital Trust IV Notes – Series 2 450 June 30, Dec. 31 10.000 % 1 June 30, 2014 2 450 450 TD Capital Trust IV Notes – Series 3 750 June 30, Dec. 31 6.631 % 3 Dec. 31, 2014 2 750 750 1,200 $ 1,200 $ 1,200 1 From and including January 26, 2009, to but excluding June 30, 2039. Starting on June 30, 2039, and on every fifth anniversary thereafter, the interest rate will reset to equal the then 5-year 2 On or after the redemption date, Trust IV may, with regulatory approval, redeem the TD CaTS IV – 2 or TD CaTS IV – 3, respectively, in whole or in part, without the consent of the holders. On February 27, 2020, the Bank announced that, subject to regulatory approval, it expects to exercise a regulatory event redemption right in its fiscal 2022 year in respect of the TD CaTS IV – 2 outstanding at that time, meaning that this redemption right could occur as early as November 1, 2021. The Bank’s expectations regarding this redemption are based on a number of factors and assumptions, including the Bank’s current and expected future capital position and market conditions, which are subject to change and may result in a change in the Bank’s expectations regarding the redemption. 3 From and including September 15, 2009, to but excluding June 30, 2021. Starting on June 30, 2021, and on every fifth anniversary thereafter, the interest rate will reset to equal the then 5-year

Equity (Tables)

Equity (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Classes of Share Capital	The following table summarizes the changes to the shares issued and outstanding and treasury shares held as at and for the years ended October 31, 2020 and October 31, 2019. Common and Preferred Shares Issued and Outstanding and Treasury Shares Held (millions of shares and millions of Canadian dollars) October 31, 2020 October 31, 2019 Number Amount Number Amount Common Shares Balance as at beginning of year 1,812.5 $ 21,713 1,830.4 $ 21,221 Proceeds from shares issued on exercise of stock options 1.5 79 2.3 124 Shares issued as a result of dividend reinvestment plan 14.1 838 4.8 357 Shares issued in connection with acquisitions 1 – – 5.0 366 Purchase of shares for cancellation and other (12.0 ) (143 ) (30.0 ) (355 ) Balance as at end of year – common shares 1,816.1 $ 22,487 1,812.5 $ 21,713 Preferred Shares – Class A 2 Series 1 20.0 $ 500 20.0 $ 500 Series 3 20.0 500 20.0 500 Series 5 20.0 500 20.0 500 Series 7 14.0 350 14.0 350 Series 9 8.0 200 8.0 200 Series 11 3 – – 6.0 150 Series 12 28.0 700 28.0 700 Series 14 40.0 1,000 40.0 1,000 Series 16 14.0 350 14.0 350 Series 18 14.0 350 14.0 350 Series 20 16.0 400 16.0 400 Series 22 14.0 350 14.0 350 Series 24 18.0 450 18.0 450 Balance as at end of year – preferred shares 226.0 $ 5,650 232.0 $ 5,800 Treasury shares – common 4 Balance as at beginning of year 0.6 $ (41 ) 2.1 $ (144 ) Purchase of shares 135.6 (8,752 ) 132.3 (9,782 ) Sale of shares (135.7 ) 8,756 (133.8 ) 9,885 Balance as at end of year – treasury shares – common 0.5 $ (37 ) 0.6 $ (41 ) Treasury shares – preferred 4 Balance as at beginning of year 0.3 $ (6 ) 0.3 $ (7 ) Purchase of shares 6.0 (122 ) 7.0 (151 ) Sale of shares (6.2 ) 124 (7.0 ) 152 Balance as at end of year – treasury shares – preferred 0.1 $ (4 ) 0.3 $ (6 ) 1 On November 1, 2018, the Bank issued 4.7 million shares for $342 million that formed part of the consideration paid for Greystone, as well as 0.3 million shares issued for $24 million as share-based compensation to replace share-based payment awards of Greystone. Refer to Note 13 for a discussion on the acquisition of Greystone. 2 All series of preferred shares – Class A include NVCC Provisions and qualify as regulatory capital under OSFI’s CAR guideline. If a NVCC conversion were to occur in accordance with the NVCC Provisions, the maximum number of common shares that could be issued based on the formula for conversion set out in the respective terms and conditions applicable to each Series of shares, assuming there are no declared and unpaid dividends on the respective Series of shares at the time of conversion, as applicable, would be 100 million for Series 1, 100 million for Series 3, 100 million for Series 5, 70 million for Series 7, 40 million for Series 9, 140 million for Series 12, 200 million for Series 14, 70 million for Series 16, 70 million for Series 18, 80 million for Series 20, 70 million for Series 22, and 90 million for Series 24. 3 On October 31, 2020, the Bank redeemed all of its 6 million outstanding Non-Cumulative Fixed Rate Class A First Preferred Shares NVCC, Series 11 (“Series 11 Shares”), at a redemption price of $26.00 per Series 11 Share, for a total redemption cost of approximately $156 million. 4 When the Bank purchases its own shares as part of its trading business, they are classified as treasury shares and the cost of these shares is recorded as a reduction in equity. Preferred Shares Terms and Conditions Issue date Annual 1 Reset 1 Next redemption/ 1 Convertible 1 NVCC Rate Reset Preferred Shares 2 Series 1 June 4, 2014 3.662 2.24 October 31, 2024 Series 2 Series 3 July 31, 2014 3.681 2.27 July 31, 2024 Series 4 Series 5 3 December 16, 2014 3.876 2.25 January 31, 2025 Series 6 Series 7 4 March 10, 2015 3.201 2.79 July 31, 2025 Series 8 Series 9 5 April 24, 2015 3.242 2.87 October 31, 2025 Series 10 Series 12 January 14, 2016 5.5 4.66 April 30, 2021 Series 13 Series 14 September 8, 2016 4.85 4.12 October 31, 2021 Series 15 Series 16 July 14, 2017 4.50 3.01 October 31, 2022 Series 17 Series 18 March 14, 2018 4.70 2.70 April 30, 2023 Series 19 Series 20 September 13, 2018 4.75 2.59 October 31, 2023 Series 21 Series 22 January 28, 2019 5.20 3.27 April 30, 2024 Series 23 Series 24 June 4, 2019 5.10 3.56 July 31, 2024 Series 25 1 Non-cumulative preferred dividends for each Series are payable quarterly, as and when declared by the Board of Directors. The dividend rate of the Rate Reset Preferred Shares will reset on the next redemption/conversion date and every 5 years thereafter to equal the then 5-year Government of Canada bond yield plus the reset spread noted. Rate Reset Preferred Shares are convertible to the corresponding Series of Floating Rate Preferred Shares, and vice versa. If converted into a Series of Floating Rate Preferred Shares, the dividend rate for the quarterly period will be equal to the then 90-day Government of Canada Treasury bill yield plus the reset spread noted. 2 Subject to regulatory consent, redeemable on the redemption date noted and every 5 years thereafter, at $25 per share. Convertible on the conversion date noted and every 5 years thereafter if not redeemed. If converted, the holders have the option to convert back to the original Series of preferred shares every 5 years. 3 On January 16, 2020, the Bank announced that none of its 20 million Non-Cumulative 5-Year Rate Reset Preferred Shares NVCC, Series 5 (the “Series 5 Shares”) would be converted on January 31, 2020, into Non-Cumulative Floating Rate Preferred Shares NVCC, Series 6. On January 2, 2020, the Bank announced the dividend rate for the Series 5 Shares for the 5-year 4 On July 16, 2020, the Bank announced that none of its 14 million Non-Cumulative 5-Year Rate Reset Preferred Shares NVCC, Series 7 (the “Series 7 Shares”) would be converted on July 31, 2020, into Non-Cumulative Floating Rate Preferred Shares NVCC, Series 8. On July 2, 2020, the Bank announced the dividend rate for the Series 7 Shares for the 5-year 5 On October 16, 2020, the Bank announced that none of its 8 million Non-Cumulative 5-Year Rate Reset Preferred Shares NVCC, Series 9 (the “Series 9 Shares”) would be converted on October 31, 2020, into Non-Cumulative Floating Rate Preferred Shares NVCC, Series 10. On October 1, 2020, the Bank announced the dividend rate for the Series 9 Shares for the 5-year

Insurance (Tables)

Insurance (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Amounts Arising from Insurance Contracts	Insurance Revenue and Insurance Claims and Related Expenses (millions of Canadian dollars) For the years ended October 31 2020 2019 2018 Insurance Revenue Earned Premiums Gross $ 4,845 $ 4,632 $ 4,398 Reinsurance ceded 643 915 915 Net earned premiums 4,202 3,717 3,483 Fee income and other revenue 1 363 565 562 Insurance Revenue 4,565 4,282 4,045 Insurance Claims and Related Expenses Gross 3,380 2,987 2,676 Reinsurance ceded 494 200 232 Insurance Claims and Related Expenses $ 2,886 $ 2,787 $ 2,444 1 Ceding commissions received and paid are included within fee income and other revenue. Ceding commissions paid and netted against fee income in 2020 were $92 million (2019 – $123 million; 2018 – $130 million).
Summary of Movement in Provisions for Unpaid Claims	The following table presents movements in the property and casualty insurance provision for unpaid claims during the year. Movement in Provision for Unpaid Claims (millions of Canadian dollars) October 31, 2020 October 31, 2019 Gross Reinsurance/ recoverable Net Gross Reinsurance/ Net Balance as at beginning of year $ 4,840 $ 141 $ 4,699 $ 4,812 $ 160 $ 4,652 Claims costs for current accident year 2,948 302 2,646 2,727 – 2,727 Prior accident years claims development (favourable) unfavourable (354 ) (5 ) (349 ) (410 ) (2 ) (408 ) Increase (decrease) due to changes in assumptions: Discount rate 123 – 123 95 1 94 Provision for adverse deviation 25 4 21 (7 ) (1 ) (6 ) Claims and related expenses 2,742 301 2,441 2,405 (2 ) 2,407 Claims paid during the year for: Current accident year (1,346 ) (179 ) (1,167 ) (1,239 ) – (1,239 ) Prior accident years (1,084 ) (7 ) (1,077 ) (1,147 ) (26 ) (1,121 ) (2,430 ) (186 ) (2,244 ) (2,386 ) (26 ) (2,360 ) Increase (decrease) in reinsurance/other recoverables (10 ) (10 ) – 9 9 – Balance as at end of year $ 5,142 $ 246 $ 4,896 $ 4,840 $ 141 $ 4,699
Summary of Movement in Provisions for Unearned Premiums	The following table presents movements in the property and casualty insurance unearned premiums during the year. Movement in Provision for Unearned Premiums (millions of Canadian dollars) October 31, 2020 October 31, 2019 Gross Reinsurance Net Gross Reinsurance Net Balance as at beginning of year $ 1,869 $ 17 $ 1,852 $ 1,674 $ 19 $ 1,655 Written premiums 3,879 127 3,752 3,528 105 3,423 Earned premiums (3,625 ) (120 ) (3,505 ) (3,333 ) (107 ) (3,226 ) Balance as at end of year $ 2,123 $ 24 $ 2,099 $ 1,869 $ 17 $ 1,852
Incurred Claims by Accident Year	Incurred Claims by Accident Year (millions of Canadian dollars) Accident Year 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Total Net ultimate claims cost at end of accident year $ 4,230 $ 1,830 $ 2,245 $ 2,465 $ 2,409 $ 2,438 $ 2,425 $ 2,631 $ 2,727 $ 2,646 Revised estimates One year later 4,483 1,930 2,227 2,334 2,367 2,421 2,307 2,615 2,684 Two years later 4,794 1,922 2,191 2,280 2,310 2,334 2,258 2,573 Three years later 4,726 1,885 2,158 2,225 2,234 2,264 2,201 Four years later 4,758 1,860 2,097 2,147 2,162 2,200 Five years later 4,663 1,818 2,047 2,084 2,115 Six years later 4,577 1,793 2,004 2,044 Seven years later 4,556 1,761 1,982 Eight years later 4,493 1,754 Nine years later 4,466 Current estimates of cumulative claims 4,466 1,754 1,982 2,044 2,115 2,200 2,201 2,573 2,684 2,646 Cumulative payments to date (4,337 ) (1,695 ) (1,911 ) (1,914 ) (1,878 ) (1,831 ) (1,688 ) (1,866 ) (1,716 ) (1,167 ) Net undiscounted provision for unpaid claims 129 59 71 130 237 369 513 707 968 1,479 $ 4,662 Effect of discounting (195 ) Provision for adverse deviation 429 Net provision for unpaid claims $ 4,896
Summary of Sensitivity Analysis for Actuarial Assumptions	Sensitivity of Critical Assumptions – Property and Casualty Insurance Contract Liabilities (millions of Canadian dollars) As at October 31, 2020 October 31, 2019 Impact on net Impact Impact on net before Impact Impact of a 1% change in key assumptions Discount rate Increase in assumption $ 130 $ 96 $ 122 $ 89 Decrease in assumption (140 ) (103 ) (131 ) (96 ) Margin for adverse deviation Increase in assumption (47 ) (35 ) (45 ) (33 ) Decrease in assumption 47 35 45 33 Impact of a 5% change in key assumptions Frequency of claims Increase in assumption $ (52 ) $ (39 ) $ (52 ) $ (38 ) Decrease in assumption 52 39 52 38 Severity of claims Increase in assumption (225 ) (166 ) (220 ) (161 ) Decrease in assumption 225 166 220 161

Share-Based Compensation (Table

Share-Based Compensation (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Stock Option Activity	Stock Option Activity (millions of shares and Canadian dollars) 2020 2019 2018 Number Weighted- Number Weighted- Number Weighted- Number outstanding, beginning of year 12.8 $ 57.35 13.1 $ 53.12 14.3 $ 48.17 Granted 2.1 72.84 2.2 69.39 1.9 72.64 Exercised (1.5 ) 43.60 (2.3 ) 44.07 (3.0 ) 41.21 Forfeited/expired (0.3 ) 65.99 (0.2 ) 66.59 (0.1 ) 60.46 Number outstanding, end of year 13.1 $ 61.27 12.8 $ 57.35 13.1 $ 53.12 Exercisable, end of year 5.4 $ 48.50 4.7 $ 44.77 4.7 $ 40.61
Range of Exercise Prices	Range of Exercise Prices (millions of shares and Canadian dollars) Options outstanding Options exercisable Number Weighted- Weighted- Number Weighted- $36.63 – $36.64 0.5 1.0 36.63 0.5 36.63 $40.54 – $47.59 1.8 2.5 44.27 1.8 44.27 $52.46 – $53.15 3.1 4.6 52.87 3.1 52.87 $65.75 – $69.39 3.9 7.1 67.66 – – $72.64 – $72.84 3.8 8.1 72.75 – –
Schedule of Assumptions Used for Estimating the Fair Value of Options	The following table summarizes the assumptions used for estimating the fair value of options for the years ended October 31, 2020, October 31, 2019, and October 31, 2018. Assumptions Used for Estimating the Fair Value of Options (in Canadian dollars, except as noted) 2020 2019 2018 Risk-free interest rate 1.59 % 2.03 % 1.71 % Expected option life 6.3 years 6.3 years 6.3 years Expected volatility 1 12.90 % 12.64 % 13.91 % Expected dividend yield 3.50 % 3.48 % 3.50 % Exercise price/share price $ 72.84 $ 69.39 $ 72.64 1 Expected volatility is calculated based on the average daily volatility measured over a historical period corresponding to the expected option life.

Employee Benefits (Tables)

Employee Benefits (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Plan Asset Allocation	The asset allocations by asset category for the principal defined benefit pension plans are as follows: Plan Asset Allocation 1 (millions of Canadian dollars except as noted) Society 2 TDPP 2 Target range % of total Fair value Target range % of total Fair value As at October 31, 2020 Quoted Unquoted Quoted Unquoted Debt 30-70 % 55 % $ – $ 3,670 25-50 % 40 % $ – $ 940 Equity 24-55 31 685 1,402 30-70 47 344 756 Alternative investments 3 6-35 14 – 899 5-35 13 – 301 Other 4 n/a n/a – (685 ) n/a n/a – (72 ) Total 100 % $ 685 $ 5,286 100 % $ 344 $ 1,925 As at October 31, 2019 Debt 40-70 % 55 % $ – $ 3,374 25-50 % 34 % $ – $ 634 Equity 24-42 32 1,002 976 30-70 54 368 639 Alternative investments 3 6-35 13 – 760 5-35 12 – 229 Other 4 n/a n/a – (276 ) n/a n/a – 111 Total 100 % $ 1,002 $ 4,834 100 % $ 368 $ 1,613 As at October 31, 2018 Debt 40-70 % 55 % $ – $ 2,885 25-50 % 34 % $ – $ 497 Equity 24-42 34 897 869 30-65 58 283 583 Alternative investments 3 6-35 11 – 551 3-25 8 – 122 Other 4 n/a n/a – (107 ) n/a n/a – 63 Total 100 % $ 897 $ 4,198 100 % $ 283 $ 1,265 1 Certain comparative amounts have been reclassified to conform with the presentation adopted in the current year. 2 The principal defined benefit pension plans invest in investment vehicles which may hold shares or debt issued by the Bank. 3 The principal defined benefit pension plans’ alternative investments are primarily private equity, infrastructure, and real estate funds. 4 Consists mainly of amounts due to and due from brokers for securities traded but not yet settled, PEA assets, and interest and dividends receivable.
Summary of Employee Benefit Plans' Obligations, Assets and Funded Status	The following table presents the financial position of the Bank’s principal defined benefit pension and post-retirement benefit plans and the Bank’s significant other defined benefit pension and post-retirement benefit plans. Other employee defined benefit plans operated by the Bank and certain of its subsidiaries are not considered material for disclosure purposes. Employee Defined Benefit Plans’ Obligations, Assets and Funded Status (millions of Canadian dollars, except as noted) Principal pension plans Principal post-retirement 1 Other pension and post-retirement benefit plans 2 2020 2019 2018 2020 2019 2018 2020 2019 2018 Change in projected benefit obligation Projected benefit obligation at beginning of year $ 8,558 $ 6,539 $ 7,082 $ 620 $ 535 $ 558 $ 2,948 $ 2,569 $ 2,750 Obligations included due to The Retirement Benefit Plan merger 3 – – 6 – – – – – – Service cost – benefits earned 467 326 407 17 14 15 9 9 10 Interest cost on projected benefit obligation 236 240 217 17 20 18 80 106 96 Remeasurement (gain) loss – financial 617 1,565 (969 ) (101 ) 92 (42 ) 128 430 (190 ) Remeasurement (gain) loss – demographic – – – (44 ) (26 ) – (80 ) 2 (8 ) Remeasurement (gain) loss – experience 56 83 22 9 – 2 9 6 14 Members’ contributions 107 107 104 – – – – – – Benefits paid (373 ) (303 ) (330 ) (12 ) (15 ) (16 ) (144 ) (143 ) (137 ) Change in foreign currency exchange rate – – – – – – 20 (1 ) 31 Past service cost (credit) 4 – 1 – – – – (3 ) (30 ) 3 Projected benefit obligation as at October 31 9,668 8,558 6,539 506 620 535 2,967 2,948 2,569 Change in plan assets Plan assets at fair value at beginning of year 7,817 6,643 6,536 – – – 1,959 1,733 1,855 Assets included due to The Retirement Benefit Plan merger 3 – – 10 – – – – – – Interest income on plan assets 221 253 209 – – – 52 73 66 Remeasurement gain (loss) – return on plan assets less interest income 15 773 (231 ) – – – 96 205 (109 ) Members’ contributions 107 107 104 – – – – – – Employer’s contributions 463 352 355 12 15 16 72 96 37 Benefits paid (373 ) (303 ) (330 ) (12 ) (15 ) (16 ) (144 ) (143 ) (137 ) Change in foreign currency exchange rate – – – – – – 18 (1 ) 27 Defined benefit administrative expenses (10 ) (8 ) (10 ) – – – (7 ) (4 ) (6 ) Plan assets at fair value as at October 31 8,240 7,817 6,643 – – – 2,046 1,959 1,733 Excess (deficit) of plan assets at fair value over projected benefit obligation (1,428 ) (741 ) 104 (506 ) (620 ) (535 ) (921 ) (989 ) (836 ) Effect of asset limitation and minimum funding requirement – – – – – – (14 ) (13 ) (13 ) Net defined benefit asset (liability) (1,428 ) (741 ) 104 (506 ) (620 ) (535 ) (935 ) (1,002 ) (849 ) Annual expense Net employee benefits expense includes the following: Service cost – benefits earned 467 326 407 17 14 15 9 9 10 Net interest cost (income) on net defined benefit liability (asset) 15 (13 ) 8 17 20 18 28 33 30 Past service cost (credit) 4 – 1 – – – – (3 ) (30 ) 3 Defined benefit administrative expenses 10 10 10 – – – 5 6 4 Total expense $ 492 $ 324 $ 425 $ 34 $ 34 $ 33 $ 39 $ 18 $ 47 Actuarial assumptions used to determine the annual expense Weighted-average discount rate for projected benefit obligation 3.08 % 4.10 % 3.60 % 3.07 % 4.10 % 3.60 % 3.12 % 4.37 % 3.74 % Weighted-average rate of compensation increase 2.57 2.54 2.54 3.00 3.00 3.00 1.00 1.03 1.16 Actuarial assumptions used to determine the projected benefit obligation as at October 31 Weighted-average discount rate for projected benefit obligation 2.85 % 3.08 % 4.10 % 2.76 % 3.07 % 4.10 % 2.74 % 3.12 % 4.37 % Weighted-average rate of compensation increase 2.53 2.57 2.54 3.00 3.00 3.00 1.03 1.00 1.03 1 The rate of increase for health care costs for the next year used to measure the expected cost of benefits covered for the principal post-retirement defined benefit plan is 3.26%. The rate is assumed to decrease gradually to 1.06% by the year 2040 and remain at that level thereafter (2019 – 4.18% grading to 2.42% by the year 2040 and remain at that level thereafter). 2 Includes CT defined benefit pension plan, TD Banknorth defined benefit pension plan, TD Auto Finance defined benefit pension and post-retirement benefit plans, and supplemental employee defined benefit pension plans. The TD Banknorth defined benefit pension plan was frozen as of December 31, 2008, and no service credits can be earned after that date. Certain TD Auto Finance defined benefit pension plans were frozen as of April 1, 2012, and no service credits can be earned after March 31, 2012. 3 During 2018, The Retirement Benefit Plan of The Toronto-Dominion Bank (the “RBP”) was deemed to be merged with the Society and previously undisclosed obligations and assets of the RBP are now included in fiscal 2018. 4 Includes a gain of $33 million related to the TD Auto Finance post-retirement benefit plan that was amended during fiscal 2019.
Summary of Defined Benefit Plan Expense	The following table summarizes expenses for the Bank’s defined contribution plans. Defined Contribution Plan Expenses (millions of Canadian dollars) For the years ended October 31 October 31 October 31 Defined contribution pension plans 1 $ 169 $ 150 $ 136 Government pension plans 2 347 324 293 Total $ 516 $ 474 $ 429 1 Includes defined contribution portion of the TD Pension Plan (Canada) and TD Bank, N.A. defined contribution 401(k) plan. 2 Includes Canada Pension Plan, Quebec Pension Plan, and U.S. Federal Insurance Contributions Act
Summary of Assumed Life Expectancy at Age 65	Assumptions related to future mortality which have been used to determine the defined benefit obligation and net benefit cost are as follows: Assumed Life Expectancy at Age 65 (number of years) Principal pension Principal post-retirement Other pension and post-retirement As at October 31 2020 2019 2018 2020 2019 2018 2020 2019 2018 Male aged 65 at measurement date 23.4 23.4 23.3 23.4 23.4 23.3 21.5 22.1 22.1 Female aged 65 at measurement date 24.2 24.1 24.1 24.2 24.1 24.1 23.1 23.7 23.7 Male aged 45 at measurement date 24.4 24.3 24.3 24.4 24.3 24.3 22.2 22.7 22.7 Female aged 45 at measurement date 25.1 25.1 25.0 25.1 25.1 25.0 23.9 24.5 24.5
Summary of Sensitivity of Significant Actuarial Assumptions	Sensitivity of Significant Defined Benefit Plan Actuarial Assumptions (millions of Canadian dollars, except as noted) As at October 31, 2020 Obligation Increase (Decrease) Principal Principal Other pension Impact of an absolute change in significant actuarial assumptions Discount rate 1% decrease in assumption $ 1,718 $ 81 $ 391 1% increase in assumption (1,314 ) (65 ) (322) Rates of compensation increase 1% decrease in assumption (345 ) n/a – 1 1% increase in assumption 333 n/a – 1 Life expectancy 1 year decrease in assumption (203 ) (16 ) (99 ) 1 year increase in assumption 200 16 99 Health care cost initial trend rate 1% decrease in assumption n/a (13 ) n/a 1% increase in assumption n/a 15 n/a 1 An absolute change in this assumption is immaterial.
Summary of Amounts Recognized in the Consolidated Balance Sheet	The Bank recognized the following amounts on the Consolidated Balance Sheet. Amounts Recognized in the Consolidated Balance Sheet (millions of Canadian dollars) As at October 31 October 31 October 31 Other assets Principal defined benefit pension plans $ – $ – $ 104 Other defined benefit pension and post-retirement benefit plans 3 6 3 Other employee benefit plans 1 6 7 6 Total other assets 9 13 113 Other liabilities Principal defined benefit pension plans 1,428 741 – Principal post-retirement defined benefit plan 506 620 535 Other defined benefit pension and post-retirement benefit plans 938 1,008 852 Other employee benefit plans 1 430 412 360 Total other liabilities 3,302 2,781 1,747 Net amount recognized $ (3,293 ) $ (2,768 ) $ (1,634 ) 1 Consists of other pension and other post-retirement benefit plans operated by the Bank and its subsidiaries that are not considered material for disclosure purposes.
Summary of Amounts Recognized in the Consolidated Statement of Other Comprehensive Income	The Bank recognized the following amounts in the Consolidated Statement of Other Comprehensive Income. Amounts Recognized in the Consolidated Statement of Other Comprehensive Income 1 (millions of Canadian dollars) For the years ended October 31 October 31 October 31 Actuarial gains (losses) recognized in Other Comprehensive Income Principal defined benefit pension plans $ (658 ) $ (873 ) $ 720 Principal post-retirement defined benefit plan 136 (66 ) 40 Other defined benefit pension and post-retirement benefit plans 36 (231 ) 60 Other employee benefit plans 2 (44 ) (75 ) 45 Total actuarial gains (losses) recognized in Other Comprehensive Income $ (530 ) $ (1,245 ) $ 865 1 Amounts are presented on pre-tax basis. 2 Consists of other pension and other post-retirement benefit plans operated by the Bank and its subsidiaries that are not considered material for disclosure purposes.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Provision for (Recovery of) Income Taxes	The provision for (recovery of) income taxes is comprised of the following: Provision for (Recovery of) Income Taxes (millions of Canadian dollars) For the years ended October 31 2020 2019 2018 Provision for income taxes – Consolidated Statement of Income Current income taxes Provision for (recovery of) income taxes for the current period $ 2,287 $ 2,675 $ 2,873 Adjustments in respect of prior years and other (70 ) 93 (76 ) Total current income taxes 2,217 2,768 2,797 Deferred income taxes Provision for (recovery of) deferred income taxes related to the origination and reversal of temporary differences (1,075 ) 54 76 Effect of changes in tax rates (1 ) 10 302 Adjustments in respect of prior years and other 11 (97 ) 7 Total deferred income taxes (1,065 ) (33 ) 385 Total provision for income taxes – Consolidated Statement of Income 1,152 2,735 3,182 Provision for (recovery of) income taxes – Statement of Other Comprehensive Income Current income taxes 406 37 (48 ) Deferred income taxes 705 1,070 (701 ) 1,111 1,107 (749 ) Income taxes – other non-income related items including business combinations and other adjustments Current income taxes (30 ) (7 ) (3 ) Deferred income taxes (194 ) (6 ) (2 ) (224 ) (13 ) (5 ) Total provision for (recovery of) income taxes 2,039 3,829 2,428 Current income taxes Federal 1,170 1,256 1,491 Provincial 818 891 1,055 Foreign 605 651 200 2,593 2,798 2,746 Deferred income taxes Federal (143 ) 127 (244 ) Provincial (96 ) 87 (160 ) Foreign (315 ) 817 86 (554 ) 1,031 (318 ) Total provision for (recovery of) income taxes $ 2,039 $ 3,829 $ 2,428
Summary of Reconciliation to Statutory Income Tax Rate	Reconciliation to Statutory Income Tax Rate (millions of Canadian dollars, except as noted) 2020 2019 2018 Income taxes at Canadian statutory income tax rate $ 3,141 26.4 % $ 3,502 26.5 % $ 3,648 26.5 % Increase (decrease) resulting from: Dividends received (120 ) (1.0 ) (104 ) (0.8 ) (142 ) (1.0) Rate differentials on international operations 1 (1,927 ) (16.2 ) (728 ) (5.5 ) (343 ) (2.5) Other – net 58 0.5 65 0.5 19 0.1 Provision for income taxes and effective income tax rate $ 1,152 9.7 % $ 2,735 20.7 % $ 3,182 23.1 % 1 Reflects the impact of the sale of the Bank’s investment in TD Ameritrade, including the non-taxable revaluation gain, the release of non-taxable cumulative currency translation gains from AOCI, and the release of a deferred tax liability.
Summary of Deferred Tax Assets and Liabilities	Deferred tax assets and liabilities comprise of the following: Deferred Tax Assets and Liabilities (millions of Canadian dollars) As at October 31 October 31 Deferred tax assets Allowance for credit losses $ 1,705 $ 965 Trading loans 43 50 Employee benefits 834 844 Pensions 516 344 Losses available for carry forward 96 95 Tax credits 133 228 Land, buildings, equipment, and other depreciable assets 111 – Intangibles 87 – Other 236 88 Total deferred tax assets 3,761 2,614 Deferred tax liabilities Securities 1,404 527 Land, buildings, equipment, and other depreciable assets – 242 Deferred (income) expense 73 91 Intangibles – 40 Goodwill 124 108 Total deferred tax liabilities 1,601 1,008 Net deferred tax assets 2,160 1,606 Reflected on the Consolidated Balance Sheet as follows: Deferred tax assets 2,444 1,799 Deferred tax liabilities 1 284 193 Net deferred tax assets $ 2,160 $ 1,606 1 Included in Other liabilities on the Consolidated Balance Sheet.
Summary of Deferred Income Tax Expense (Recovery)	The movement in the net deferred tax asset for the years ended October 31 was as follows: Deferred Income Tax Expense (Recovery) (millions of Canadian dollars) 2020 2019 Consolidated Other Business Total Consolidated Other Business Total Deferred income tax expense (recovery) Allowance for credit losses $ (740 ) $ – $ – $ (740 ) $ (120 ) $ – $ – $ (120 ) Trading loans 7 – – 7 4 – – 4 Employee benefits (23 ) 33 – 10 (87 ) (18 ) – (105 ) Pensions (1 ) (171 ) – (172 ) 19 (303 ) – (284 ) Losses available for carry forward (1 ) – – (1 ) (1 ) – – (1 ) Tax credits 95 – – 95 98 – – 98 Land, buildings, equipment, and other depreciable assets (159 ) – (194 ) (353 ) 19 – – 19 Intangibles (127 ) – – (127 ) (123 ) – – (123 ) Other deferred tax assets (148 ) – – (148 ) 7 – (4 ) 3 Securities 34 843 – 877 56 1,391 – 1,447 Deferred (income) expense (18 ) – – (18 ) 79 – – 79 Goodwill 16 – – 16 16 – (2 ) 14 Total deferred income tax expense (recovery) $ (1,065 ) $ 705 $ (194 ) $ (554 ) $ (33 ) $ 1,070 $ (6 ) $ 1,031

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Earnings Per Share	The following table presents the Bank’s basic and diluted earnings per share for the years ended October 31, 2020, October 31, 2019, and October 31, 2018. Basic and Diluted Earnings Per Share (millions of Canadian dollars, except as noted) For the years ended October 31 2020 2019 2018 Basic earnings per share Net income attributable to common shareholders $ 11,628 $ 11,416 $ 11,048 Weighted-average number of common shares outstanding (millions) 1,807.3 1,824.2 1,835.4 Basic earnings per share $ 6.43 $ 6.26 $ 6.02 Diluted earnings per share Net income attributable to common shareholders $ 11,628 $ 11,416 $ 11,048 Net income available to common shareholders including impact of dilutive securities 11,628 11,416 11,048 Weighted-average number of common shares outstanding (millions) 1,807.3 1,824.2 1,835.4 Effect of dilutive securities Stock options potentially exercisable (millions) 1 1.5 3.1 4.1 Weighted-average number of common shares outstanding – diluted (millions) 1,808.8 1,827.3 1,839.5 Diluted earnings per share 1 $ 6.43 $ 6.25 $ 6.01 1 For the year ended October 31, 2020, the computation of diluted earnings per share excluded average options outstanding of 7.5 million with a weighted-average exercise price of $70.04, as the option price was greater than the average market price of the Bank’s common shares. For the years ended October 31, 2019 and October 31, 2018, no outstanding options were excluded from the computation of diluted earnings per share.

Provisions, Contingent Liabil_2

Provisions, Contingent Liabilities, Commitments, Guarantees, Pledged Assets, and Collateral (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Bank's Provisions	The following table summarizes the Bank’s provisions. Provisions (millions of Canadian dollars) Restructuring Litigation and 1 Total Balance as at October 31, 2019 $ 241 $ 269 $ 510 Impact on adoption of IFRS 16 2 (75 ) – (75 ) Balance as at November 1, 2019 166 269 435 Additions – 332 332 Amounts used (70 ) (194 ) (264 ) Release of unused amounts (16 ) (33 ) (49 ) Foreign currency translation adjustments and other 10 18 28 Balance as at October 31, 2020, before allowance for credit losses for off-balance sheet instruments $ 90 $ 392 $ 482 Add: Allowance for credit losses for off-balance sheet instruments 3 1,087 Balance as at October 31, 2020 $ 1,569 1 Includes onerous contracts for non-lease payments including taxes and estimated operating expenses which are included in Occupancy, including depreciation on the Consolidated Statement of Income. 2 Upon adoption of IFRS 16, provisions for onerous lease contracts were adjusted against the ROU assets. Refer to Notes 4 and 15 for further details. 3 Refer to Note 8 for further details.
Summary of Credit Instruments	Credit Instruments (millions of Canadian dollars) As at October 31 October 31 Financial and performance standby letters of credit $ 30,849 $ 26,887 Documentary and commercial letters of credit 107 107 Commitments to extend credit 1 Original term-to-maturity of one year or less 66,902 56,676 Original term-to-maturity of more than one year 166,142 150,170 Total $ 264,000 $ 233,840 1 Commitments to extend credit exclude personal lines of credit and credit card lines, which are unconditionally cancellable at the Bank’s discretion at any time.
Details of Assets Pledged Against Liabilities and Collateral Assets Held or Re-pledged	Details of assets pledged against liabilities and collateral assets held or repledged are shown in the following table: Sources and Uses of Pledged Assets and Collateral 1 (millions of Canadian dollars) As at October 31 October 31 Sources of pledged assets and collateral Bank assets Cash and due from banks $ 1,894 $ 820 Interest-bearing deposits with banks 3,639 4,918 Loans 112,190 87,415 Securities 102,999 85,574 Other assets 642 850 221,364 179,577 Third-party assets 2 Collateral received and available for sale or repledging 319,817 274,775 Less: Collateral not repledged (93,647 ) (62,893 ) 226,170 211,882 447,534 391,459 Uses of pledged assets and collateral 3 Derivatives 12,002 11,468 Obligations related to securities sold under repurchase agreements 171,825 120,572 Securities borrowing and lending 101,826 105,255 Obligations related to securities sold short 32,770 28,402 Securitization 32,513 32,024 Covered bond 41,434 41,937 Clearing systems, payment systems, and depositories 8,976 8,338 Foreign governments and central banks 1,148 1,167 Other 45,040 42,296 Total $ 447,534 $ 391,459 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current year. 2 Includes collateral received from reverse repurchase agreements, securities borrowing, margin loans, and other client activity. 3 Includes $56.2 billion of on-balance sheet assets that the Bank has pledged and that the counterparty can subsequently repledge as at October 31, 2020 (October 31, 2019 – $45.9 billion).

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Compensation of Key Management Personnel and Directors	The remuneration of key management personnel was as follows: Compensation (millions of Canadian dollars) For the years ended October 31 2020 2019 2018 Short-term employee benefits $ 27 $ 33 $ 34 Post-employment benefits 1 2 3 Share-based payments 30 35 37 Total $ 58 $ 70 $ 74

Segmented Information (Tables)

Segmented Information (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Results by Business Segment	The following table summarizes the segment results for the years ended October 31, 2020, October 31, 2019, and October 31, 2018. Results by Business Segment 1 (millions of Canadian dollars) For the years ended October 31 2020 Canadian U.S. Retail Wholesale 2 Corporate 2 Total Net interest income (loss) $ 12,061 $ 8,834 $ 1,990 $ 2,726 $ 25,611 Non-interest income (loss) 12,272 2,438 2,968 357 18,035 Total revenue 24,333 11,272 4,958 3,083 43,646 Provision for (recovery of) credit losses 2,746 2,925 508 1,063 7,242 Insurance claims and related expenses 2,886 – – – 2,886 Non-interest expenses 10,441 6,579 2,518 2,066 21,604 Income (loss) before income taxes and equity in net income 8,260 1,768 1,932 (46 ) 11,914 Provision for (recovery of) income taxes 2,234 (167 ) 514 (1,429 ) 1,152 Equity in net income of an investment in TD Ameritrade 3 – 1,091 – 42 1,133 Net income (loss) $ 6,026 $ 3,026 $ 1,418 $ 1,425 $ 11,895 Total assets as at October 31, 2020 $ 472,370 $ 566,629 $ 512,886 $ 163,980 $ 1,715,865 2019 Net interest income (loss) $ 12,349 $ 8,951 $ 911 $ 1,720 $ 23,931 Non-interest income (loss) 11,877 2,840 2,320 97 17,134 Total revenue 24,226 11,791 3,231 1,817 41,065 Provision for (recovery of) credit losses 1,306 1,082 44 597 3,029 Insurance claims and related expenses 2,787 – – – 2,787 Non-interest expenses 10,735 6,411 2,393 2,481 22,020 Income (loss) before income taxes and equity in net income 9,398 4,298 794 (1,261 ) 13,229 Provision for (recovery of) income taxes 2,535 471 186 (457 ) 2,735 Equity in net income of an investment in TD Ameritrade – 1,154 – 38 1,192 Net income (loss) $ 6,863 $ 4,981 $ 608 $ (766 ) $ 11,686 Total assets as at October 31, 2019 $ 452,163 $ 436,086 $ 458,420 $ 68,621 $ 1,415,290 2018 Net interest income (loss) $ 11,576 $ 8,176 $ 1,150 $ 1,337 $ 22,239 Non-interest income (loss) 11,137 2,768 2,367 381 16,653 Total revenue 22,713 10,944 3,517 1,718 38,892 Provision for (recovery of) credit losses 998 917 3 562 2,480 Insurance claims and related expenses 2,444 – – – 2,444 Non-interest expenses 9,473 6,100 2,125 2,497 20,195 Income (loss) before income taxes and equity in net income 9,798 3,927 1,389 (1,341 ) 13,773 Provision for (recovery of) income taxes 2,615 432 335 (200 ) 3,182 Equity in net income of an investment in TD Ameritrade – 693 – 50 743 Net income (loss) $ 7,183 $ 4,188 $ 1,054 $ (1,091 ) $ 11,334 Total assets as at October 31, 2018 $ 433,960 $ 417,292 $ 425,909 $ 57,742 $ 1,334,903 1 The retailer program partners’ share of revenues and credit losses is presented in the Corporate segment, with an offsetting amount (representing the partners’ net share) recorded in Non-interest expenses, resulting in no impact to Corporate reported Net income (loss). The Net income (loss) included in the U.S. Retail segment includes only the portion of revenue and credit losses attributable to the Bank under the agreements. 2 Net interest income within Wholesale Banking is calculated on a TEB. The TEB adjustment reflected in Wholesale Banking is reversed in the Corporate segment. 3 The Bank’s share of TD Ameritrade’s earnings is reported with a one-month lag. The same convention is being followed for Schwab, and the Bank will begin recording its share of Schwab’s earnings on this basis in the first quarter of fiscal 2021. Refer to Note 12 for further details.
Summary of Results by Geographic Location	(millions of Canadian dollars) For the years ended October 31 As at October 31 2020 2020 Total revenue Income before Net income Total assets Canada $ 24,198 $ 6,420 $ 5,070 $ 916,798 United States 15,076 1,941 2,015 679,369 Other international 4,372 3,553 4,810 119,698 Total $ 43,646 $ 11,914 $ 11,895 $ 1,715,865 2019 2019 Canada $ 23,599 $ 7,237 $ 5,208 $ 769,314 United States 15,557 4,827 4,180 524,397 Other international 1,909 1,165 2,298 121,579 Total $ 41,065 $ 13,229 $ 11,686 $ 1,415,290 2018 2018 Canada $ 23,332 $ 8,886 $ 6,523 $ 713,677 United States 13,751 3,768 2,993 514,263 Other international 1,809 1,119 1,818 106,963 Total $ 38,892 $ 13,773 $ 11,334 $ 1,334,903

Interest Income and Expense (Ta

Interest Income and Expense (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Interest Income and Expense by Basis of Accounting Classification	The following table presents interest income and interest expense by basis of accounting measurement. Refer to Note 2 for the type of instruments measured at amortized cost and FVOCI. Interest Income and Expense (millions of Canadian dollars) For the years ended October 31, 2020 October 31, 2019 Interest income Interest expense Interest income Interest expense Measured at amortized cost 1 $ 30,981 $ 6,547 $ 31,663 $ 11,294 Measured at FVOCI 1,543 – 3,165 – 32,524 6,547 34,828 11,294 Not measured at amortized cost or FVOCI 2 3,123 3,489 7,171 6,774 Total $ 35,647 $ 10,036 $ 41,999 $ 18,068 1 Includes interest expense on lease liabilities for the year ended October 31, 2020 of $153 million, upon adoption of IFRS 16 on November 1, 2019. 2 Includes interest income, interest expense, and dividend income for financial instruments that are measured or designated at FVTPL and equities designated at FVOCI.

Credit Risk (Tables)

Credit Risk (Tables)	12 Months Ended
	Oct. 31, 2020
Disclosure of credit risk exposure [abstract]
Summary of Concentration of Credit Risk	Concentration of Credit Risk 1 (millions of Canadian dollars, As at except as noted) Loans and customers liability 2,3 Credit Instruments 4,5 Derivative financial 6,7 October 31 October 31 October 31 October 31 October 31 October 31 Canada 66 % 66 % 37 % 38 % 24 % 25 % United States 33 33 59 58 27 31 United Kingdom – – 1 1 22 17 Europe – other – – 2 2 18 20 Other international 1 1 1 1 9 7 Total 100 % 100 % 100 % 100 % 100 % 100 % $ 734,958 $ 700,226 $ 264,000 $ 233,840 $ 51,225 $ 46,829 1 Certain comparative numbers have been reclassified to conform with the presentation adopted in the current year. 2 Of the total loans and customers’ liability under acceptances, the only industry segment which equalled or exceeded 5% of the total concentration as at October 31, 2020 was real estate 10% (October 31, 2019 – 10%). 3 Includes loans that are measured at FVOCI. 4 As at October 31, 2020, the Bank had commitments and contingent liability contracts in the amount of $264 billion (October 31, 2019 – $234 billion). Included are commitments to extend credit totalling $233 billion (October 31, 2019 – $207 billion), of which the credit risk is dispersed as detailed in the table above. 5 Of the commitments to extend credit, industry segments which equalled or exceeded 5% of the total concentration were as follows as at October 31, 2020: financial institutions 21% (October 31, 2019 – 22%); pipelines, oil and gas 10% (October 31, 2019 – 9%); automotive 9% (October 31, 2019 – 9%); power and utilities 8% (October 31, 2019 – 8%); sundry manufacturing and wholesale 7% (October 31, 2019 – 7%); professional and other services 6% (October 31, 2019 – 6%); telecommunications, cable, and media 6% (October 31, 2019 – 6%); non-residential real estate development 5% (October 31, 2019 – 6%). 6 As at October 31, 2020, the current replacement cost of derivative financial instruments, excluding the impact of master netting agreements and collateral, amounted to $51 billion (October 31, 2019 – $47 billion). Based on the location of the ultimate counterparty, the credit risk was allocated as detailed in the table above. The table excludes the fair value of exchange traded derivatives. 7 The largest concentration by counterparty type was with financial institutions (including non-banking financial institutions), which accounted for 64% of the total as at October 31, 2020 (October 31, 2019 – 69%). The second largest concentration was with governments, which accounted for 24% of the total as at October 31, 2020 (October 31, 2019 – 22%). No other industry segment exceeded 5% of the total.
Summary of Gross Maximum Credit Risk Exposure	The following table presents the maximum exposure to credit risk of financial instruments, before taking account of any collateral held or other credit enhancements. Gross Maximum Credit Risk Exposure (millions of Canadian dollars) As at October 31 October 31 Cash and due from banks $ 6,445 $ 4,863 Interest-bearing deposits with banks 164,149 25,583 Securities 1 Financial assets designated at fair value through profit or loss Government and government-insured securities 2,069 1,413 Other debt securities 2,668 2,627 Trading Government and government-insured securities 59,037 44,445 Other debt securities 18,968 18,680 Retained interest 14 19 Non-trading securities at fair value through profit or loss Government and government-insured securities 388 319 Other debt securities 4,114 4,081 Securities at fair value through other comprehensive income Government and government-insured securities 78,283 83,171 Other debt securities 19,901 23,969 Debt securities at amortized cost Government and government-insured securities 174,593 78,275 Other debt securities 53,086 52,222 Securities purchased under reverse purchase agreements 169,162 165,935 Derivatives 2 54,242 48,894 Loans Residential mortgages 251,915 235,530 Consumer instalment and other personal 183,440 179,085 Credit card 29,778 34,989 Business and government 252,390 235,004 Trading loans 12,959 12,482 Non-trading loans at fair value through profit or loss 3,718 1,796 Loans at fair value through other comprehensive income 2,502 2,124 Customers’ liability under acceptances 14,941 13,494 Amounts receivable from brokers, dealers, and clients 33,951 20,575 Other assets 7,326 5,913 Total assets 1,600,039 1,295,488 Credit instruments 3 264,000 233,840 Unconditionally cancellable commitments to extend credit relating to personal lines of credit and credit card lines 320,823 311,138 Total credit exposure $ 2,184,862 $ 1,840,466 1 Excludes equity securities. 2 The carrying amount of the derivative assets represents the maximum credit risk exposure related to derivative contracts. 3 The balance represents the maximum amount of additional funds that the Bank could be obligated to extend should the contracts be fully utilized. The actual maximum exposure may differ from the amount reported above. Refer to Note 27 for further details.

Regulatory Capital (Tables)

Regulatory Capital (Tables)	12 Months Ended
	Oct. 31, 2020
Text Block [Abstract]
Summary of Regulatory Capital Position	The following table summarizes the Bank’s regulatory capital position as at October 31, 2020 and October 31, 2019. Regulatory Capital Position 1 (millions of Canadian dollars, except as noted) As at October 31 October 31 Capital Common Equity Tier 1 Capital $ 62,616 $ 55,042 Tier 1 Capital 69,091 61,683 Total Capital 80,021 74,122 Risk-weighted assets used in the calculation of capital ratios 478,909 455,977 Capital and leverage ratios Common Equity Tier 1 Capital ratio 13.1 % 12.1 % Tier 1 Capital ratio 14.4 13.5 Total Capital ratio 16.7 16.3 Leverage ratio 4.5 4.0 1 Includes capital adjustments provided by OSFI in response to the COVID-19 pandemic in the year ended October 31, 2020. Refer to “Capital Position” section of the MD&A for additional detail.

Information on Subsidiaries (Ta

Information on Subsidiaries (Tables)	12 Months Ended
	Oct. 31, 2020
Investments accounted for using equity method [abstract]
List of the Directly or Indirectly Held Significant Subsidiaries	The following is a list of the directly or indirectly held significant subsidiaries. SIGNIFICANT SUBSIDIARIES 1 (millions of Canadian dollars) As at October 31, 2020 North America Address of Head or Principal Office 2 Description Carrying value of shares 3 Meloche Monnex Inc. Montreal, Québec Holding Company $ 1,725 Security National Insurance Company Montreal, Québec Insurance Company Primmum Insurance Company Toronto, Ontario Insurance Company TD Direct Insurance Inc. Toronto, Ontario Insurance Company TD General Insurance Company Toronto, Ontario Insurance Company TD Home and Auto Insurance Company Toronto, Ontario Insurance Company TD Wealth Holdings Canada Limited Toronto, Ontario Holding Company 1,164 TD Asset Management Inc. Toronto, Ontario Dealing in Securities GMI Servicing Inc. Regina, Saskatchewan Mortgage Servicing Entity TD Waterhouse Private Investment Counsel Inc. Toronto, Ontario Investment Counselling and Portfolio Management TD Auto Finance (Canada) Inc. Toronto, Ontario Automotive Finance Entity 2,791 TD Group US Holdings LLC Wilmington, Delaware Holding Company 73,421 Toronto Dominion Holdings (U.S.A.), Inc. New York, New York Holding Company TD Prime Services LLC New York, New York Securities Dealer TD Securities (USA) LLC New York, New York Securities Dealer Toronto Dominion (Texas) LLC New York, New York Financial Services Entity Toronto Dominion (New York) LLC New York, New York Financial Services Entity Toronto Dominion Capital (U.S.A.), Inc. New York, New York Small Business Investment Company Toronto Dominion Investments, Inc. New York, New York Merchant Banking and Investments TD Bank US Holding Company Cherry Hill, New Jersey Holding Company Epoch Investment Partners, Inc. New York, New York Investment Counselling and Portfolio Management TDAM USA Inc. New York, New York Investment Counselling and Portfolio Management TD Bank USA, National Association Cherry Hill, New Jersey U.S. National Bank TD Bank, National Association Cherry Hill, New Jersey U.S. National Bank TD Auto Finance LLC Farmington Hills, Michigan Automotive Finance Entity TD Equipment Finance, Inc. Cherry Hill, New Jersey Financial Services Entity TD Private Client Wealth LLC New York, New York Broker-dealer and Registered Investment Advisor TD Wealth Management Services Inc. Cherry Hill, New Jersey Insurance Agency TD Investment Services Inc. Toronto, Ontario Mutual Fund Dealer 30 TD Life Insurance Company Toronto, Ontario Insurance Company 91 TD Mortgage Corporation Toronto, Ontario Deposit-Taking Entity 10,384 TD Pacific Mortgage Corporation Vancouver, British Columbia Deposit-Taking Entity The Canada Trust Company Toronto, Ontario Trust, Loans, and Deposit-Taking Entity TD Securities Inc. Toronto, Ontario Investment Dealer and Broker 2,086 TD Vermillion Holdings Limited Toronto, Ontario Holding Company 27,212 TD Financial International Ltd. Hamilton, Bermuda Holding Company TD Reinsurance (Barbados) Inc. St. James, Barbados Reinsurance Company TD Waterhouse Canada Inc. Toronto, Ontario Investment Dealer 3,104 International TD Bank N.V. Amsterdam, The Netherlands Dutch Bank 486 TD Ireland Unlimited Company Dublin, Ireland Holding Company 886 TD Global Finance Unlimited Company Dublin, Ireland Securities Dealer TD Securities (Japan) Co. Ltd. Tokyo, Japan Securities Dealer 13 Toronto Dominion Australia Limited Sydney, Australia Securities Dealer 100 Toronto Dominion Investments B.V. London, England Holding Company 1,165 TD Bank Europe Limited London, England UK Bank Toronto Dominion Holdings (U.K.) Limited London, England Holding Company TD Securities Limited London, England Securities Dealer Toronto Dominion (South East Asia) Limited Singapore, Singapore Financial Institution 1,067 1 Unless otherwise noted, The Toronto-Dominion Bank, either directly or through its subsidiaries, owns 100% of the entity and/or 100% of any issued and outstanding voting securities and non-voting securities of the entities listed. 2 Each subsidiary is incorporated or organized in the country in which its head or principal office is located, with the exception of Toronto Dominion Investments B.V., a company incorporated in The Netherlands, but with its principal office in the United Kingdom. 3 Carrying amounts are prepared for purposes of meeting the disclosure requirements of Section 308 (3)(a)(ii) of the Bank Act

IFRS 7 - Disclosure - Credit Ri

IFRS 7 - Disclosure - Credit Risk - Schedule of Probability Of Default Risk Ranges (Detail) - Credit risk [member]	12 Months Ended
	Oct. 31, 2020
Default [member] | PD segment 9 [member]
Disclosure of credit risk exposure [line items]
PD Range	100.00%
Bottom of range [member] | Low risk [member] | PD segment 1 [member]
Disclosure of credit risk exposure [line items]
PD Range	0.00%
Bottom of range [member] | Normal risk [member] | PD segment 2 [member]
Disclosure of credit risk exposure [line items]
PD Range	0.16%
Bottom of range [member] | Normal risk [member] | PD segment 3 [member]
Disclosure of credit risk exposure [line items]
PD Range	0.42%
Bottom of range [member] | Medium risk [member] | PD segment 4 [member]
Disclosure of credit risk exposure [line items]
PD Range	1.11%
Bottom of range [member] | Medium risk [member] | PD segment 5 [member]
Disclosure of credit risk exposure [line items]
PD Range	2.94%
Bottom of range [member] | High risk [member] | PD segment 6 [member]
Disclosure of credit risk exposure [line items]
PD Range	4.75%
Bottom of range [member] | High risk [member] | PD segment 7 [member]
Disclosure of credit risk exposure [line items]
PD Range	7.60%
Bottom of range [member] | High risk [member] | PD segment 8 [member]
Disclosure of credit risk exposure [line items]
PD Range	18.25%
Top of range [member] | Low risk [member] | PD segment 1 [member]
Disclosure of credit risk exposure [line items]
PD Range	0.15%
Top of range [member] | Normal risk [member] | PD segment 2 [member]
Disclosure of credit risk exposure [line items]
PD Range	0.41%
Top of range [member] | Normal risk [member] | PD segment 3 [member]
Disclosure of credit risk exposure [line items]
PD Range	1.10%
Top of range [member] | Medium risk [member] | PD segment 4 [member]
Disclosure of credit risk exposure [line items]
PD Range	2.93%
Top of range [member] | Medium risk [member] | PD segment 5 [member]
Disclosure of credit risk exposure [line items]
PD Range	4.74%
Top of range [member] | High risk [member] | PD segment 6 [member]
Disclosure of credit risk exposure [line items]
PD Range	7.59%
Top of range [member] | High risk [member] | PD segment 7 [member]
Disclosure of credit risk exposure [line items]
PD Range	18.24%
Top of range [member] | High risk [member] | PD segment 8 [member]
Disclosure of credit risk exposure [line items]
PD Range	99.99%

IFRS 7 - Disclosure - Credit _2

IFRS 7 - Disclosure - Credit Risk -Schedule of BRR Scale Aligned to External Ratings (Detail) - Credit risk [member]	12 Months Ended
	Oct. 31, 2020
Investment grade [member] | Rating category 0 to 1C [member]
Disclosure of credit risk exposure [line items]
Standard and Poor's	AAA to AA-
Moody's Investor Services	Aaa to Aa3
Investment grade [member] | Rating category 2A to 2C [member]
Disclosure of credit risk exposure [line items]
Standard and Poor's	A+ to A-
Moody's Investor Services	A1 to A3
Investment grade [member] | Rating category 3A to 3C [member]
Disclosure of credit risk exposure [line items]
Standard and Poor's	BBB+ to BBB-
Moody's Investor Services	Baa1 to Baa3
Non investment grade [member] | Rating category 4A to 4C [member]
Disclosure of credit risk exposure [line items]
Standard and Poor's	BB+ to BB-
Moody's Investor Services	Ba1 to Ba3
Non investment grade [member] | Rating category 5A to 5C [member]
Disclosure of credit risk exposure [line items]
Standard and Poor's	B+ to B-
Moody's Investor Services	B1 to B3
Watch and classified [member] | Rating category 6 to 8 [member]
Disclosure of credit risk exposure [line items]
Standard and Poor's	CCC+ to CC and below
Moody's Investor Services	Caa1 to Ca and below
Impaired/default [member] | Rating category 9A to 9B [member]
Disclosure of credit risk exposure [line items]
Standard and Poor's	Default
Moody's Investor Services	Default

IFRS 7 - Disclosure - Credit _3

IFRS 7 - Disclosure - Credit Risk - Credit Risk Exposures Subject to the TSA (Detail) - Credit risk [member]	12 Months Ended
	Oct. 31, 2020
Disclosure of credit risk exposure [line items]
Risk weights under TSA, Sovereign	0.00%
Risk weights under TSA, Bank	20.00%
Risk weights under TSA, Corporate	100.00%

IFRS 7 - Disclosure - Credit _4

IFRS 7 - Disclosure - Credit Risk - Additional Information (Detail)	12 Months Ended
	Oct. 31, 2020
Later than three months [member]
Disclosure of credit risk exposure [line items]
Risk weight of non-retail loans that are more than 90 days past due	150.00%
Credit risk [member]
Disclosure of credit risk exposure [line items]
Risk weights Under the simple risk weight method to equity holding	300.00%
Risk weights Under the simple risk weight method to other equity holding	400.00%
Risk weights under TSA, Sovereign	0.00%
Risk weights under TSA, Bank	20.00%
Risk weights under TSA, Corporate	100.00%

IFRS 7 - Disclosure - Market Ri

IFRS 7 - Disclosure - Market Risk - Additional Information (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Market Risk [line items]
Number of trading days used to value current portfolio using market price and rate changes	259 days
Loss trading days	32 days
Positive trading days	88.00%
Number of day losses exceeding VaR	4 days
Percentage of P&C deposits in total funding	70.00%
100 bps increase [member]
Market Risk [line items]
EVE Sensitivity	$ (1,876)	$ (1,832)
Increase (decrease) to economic value of shareholders equity from prior period	44
NII Sensitivity	1,926	890
Increase (decrease) to net interest income from last period	1,036
100 bps decrease [member]
Market Risk [line items]
EVE Sensitivity	277	618
Increase (decrease) to economic value of shareholders equity from prior period	(341)
NII Sensitivity	(872)	$ (1,231)
Increase (decrease) to net interest income from last period	$ (359)

IFRS 7 - Disclosure - Market _2

IFRS 7 - Disclosure - Market Risk - Portfolio Market Risk Measures (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Market Risk [line items]
Total VaR (one-day measure)	$ 51.4	$ 20.4
Stressed Value-at-Risk (one-day)	49.5	51.5
Incremental Risk Capital Charge (one-year)	301.6	230.7
Interest rate risk [member]
Market Risk [line items]
Total VaR (one-day measure)	20.6	8.6
Credit risk [member]
Market Risk [line items]
Total VaR (one-day measure)	37.3	13.8
Equity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	12	7.1
Currency risk [member]
Market Risk [line items]
Total VaR (one-day measure)	4	4.3
Commodity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	3.8	2.2
Idiosyncratic debt specific risk [member]
Market Risk [line items]
Total VaR (one-day measure)	48.9	16.5
Risk diversification effect [member]
Market Risk [line items]
Total VaR (one-day measure)	(75.2)	(32.1)
Average risk [member]
Market Risk [line items]
Total VaR (one-day measure)	46.6	21.2
Stressed Value-at-Risk (one-day)	57.4	47.9
Incremental Risk Capital Charge (one-year)	325.2	225
Average risk [member] | Interest rate risk [member]
Market Risk [line items]
Total VaR (one-day measure)	19.1	9.4
Average risk [member] | Credit risk [member]
Market Risk [line items]
Total VaR (one-day measure)	35.1	13.2
Average risk [member] | Equity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	12.7	6.5
Average risk [member] | Currency risk [member]
Market Risk [line items]
Total VaR (one-day measure)	3.9	4.7
Average risk [member] | Commodity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	3.7	2.1
Average risk [member] | Idiosyncratic debt specific risk [member]
Market Risk [line items]
Total VaR (one-day measure)	37	15.6
Average risk [member] | Risk diversification effect [member]
Market Risk [line items]
Total VaR (one-day measure)	(64.9)	(30.3)
High risk [member]
Market Risk [line items]
Total VaR (one-day measure)	118.8	31.8
Stressed Value-at-Risk (one-day)	126.9	84.4
Incremental Risk Capital Charge (one-year)	482.9	279.6
High risk [member] | Interest rate risk [member]
Market Risk [line items]
Total VaR (one-day measure)	36.8	17.2
High risk [member] | Credit risk [member]
Market Risk [line items]
Total VaR (one-day measure)	109.3	22.5
High risk [member] | Equity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	42.8	11.5
High risk [member] | Currency risk [member]
Market Risk [line items]
Total VaR (one-day measure)	10.4	10.2
High risk [member] | Commodity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	7.9	4.8
High risk [member] | Idiosyncratic debt specific risk [member]
Market Risk [line items]
Total VaR (one-day measure)	69.5	23.5
Low risk [member]
Market Risk [line items]
Total VaR (one-day measure)	15.1	13.6
Stressed Value-at-Risk (one-day)	31.3	33.4
Incremental Risk Capital Charge (one-year)	164.8	173.1
Low risk [member] | Interest rate risk [member]
Market Risk [line items]
Total VaR (one-day measure)	7.6	4.3
Low risk [member] | Credit risk [member]
Market Risk [line items]
Total VaR (one-day measure)	6.9	7.5
Low risk [member] | Equity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	3.5	3.6
Low risk [member] | Currency risk [member]
Market Risk [line items]
Total VaR (one-day measure)	0.9	1
Low risk [member] | Commodity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	1.2	1
Low risk [member] | Idiosyncratic debt specific risk [member]
Market Risk [line items]
Total VaR (one-day measure)	$ 10.9	$ 10.6

IFRS 7 - Disclosure - Market _3

IFRS 7 - Disclosure - Market Risk - Sensitivity of Pre-Tax Economic Value at Risk by Currency (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
100 bps increase [member]
Structural Interest Rate Sensitivity Measures [line items]
EVE Sensitivity	$ (1,876)	$ (1,832)
NII Sensitivity	1,926	890
100 bps decrease [member]
Structural Interest Rate Sensitivity Measures [line items]
EVE Sensitivity	277	618
NII Sensitivity	(872)	$ (1,231)
Canada [member] | 100 bps increase [member]
Structural Interest Rate Sensitivity Measures [line items]
EVE Sensitivity	(19)
NII Sensitivity	926
Canada [member] | 100 bps decrease [member]
Structural Interest Rate Sensitivity Measures [line items]
EVE Sensitivity	(244)
NII Sensitivity	(459)
United States [member] | 100 bps increase [member]
Structural Interest Rate Sensitivity Measures [line items]
EVE Sensitivity	(1,857)
NII Sensitivity	1,000
United States [member] | 100 bps decrease [member]
Structural Interest Rate Sensitivity Measures [line items]
EVE Sensitivity	521
NII Sensitivity	$ (413)

IFRS 7 - Disclosure - Liquidity

IFRS 7 - Disclosure - Liquidity Risk - Summary of Liquid Assets by Type and Currency (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	$ 608,548	$ 389,573
Securities received as collateral from securities financing and derivative transactions	272,743	255,255
Total liquid assets	$ 881,291	$ 644,828
% of total	100.00%	100.00%
Encumbered liquid assets	$ 300,401	$ 253,215
Unencumbered liquid assets	580,890	391,613
Canadian Dollar [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	211,866	100,126
Securities received as collateral from securities financing and derivative transactions	113,181	109,145
Total liquid assets	$ 325,047	$ 209,271
% of total	37.00%	32.00%
Encumbered liquid assets	$ 130,486	$ 108,191
Unencumbered liquid assets	194,561	101,080
Canadian Dollar [member] | Cash and central bank reserves [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	94,640	5,140
Total liquid assets	$ 94,640	$ 5,140
% of total	11.00%	1.00%
Encumbered liquid assets	$ 1,689	$ 566
Unencumbered liquid assets	92,951	4,574
Canadian Dollar [member] | Canadian government obligations [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	39,008	13,872
Securities received as collateral from securities financing and derivative transactions	83,258	77,275
Total liquid assets	$ 122,266	$ 91,147
% of total	14.00%	14.00%
Encumbered liquid assets	$ 80,934	$ 56,337
Unencumbered liquid assets	41,332	34,810
Canadian Dollar [member] | National Housing Act mortgage backed securities [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	30,763	38,138
Securities received as collateral from securities financing and derivative transactions	23	15
Total liquid assets	$ 30,786	$ 38,153
% of total	3.00%	6.00%
Encumbered liquid assets	$ 2,294	$ 3,816
Unencumbered liquid assets	28,492	34,337
Canadian Dollar [member] | Provincial government obligations [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	18,862	15,679
Securities received as collateral from securities financing and derivative transactions	24,141	25,151
Total liquid assets	$ 43,003	$ 40,830
% of total	5.00%	6.00%
Encumbered liquid assets	$ 32,812	$ 31,287
Unencumbered liquid assets	10,191	9,543
Canadian Dollar [member] | Corporate issuer obligations [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	11,310	11,149
Securities received as collateral from securities financing and derivative transactions	2,841	3,623
Total liquid assets	$ 14,151	$ 14,772
% of total	1.00%	2.00%
Encumbered liquid assets	$ 2,331	$ 3,882
Unencumbered liquid assets	11,820	10,890
Canadian Dollar [member] | Equities [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	13,146	13,636
Securities received as collateral from securities financing and derivative transactions	2,618	2,770
Total liquid assets	$ 15,764	$ 16,406
% of total	2.00%	3.00%
Encumbered liquid assets	$ 8,248	$ 11,225
Unencumbered liquid assets	7,516	5,181
Canadian Dollar [member] | Other marketable securities and/or loans [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	4,137	2,512
Securities received as collateral from securities financing and derivative transactions	300	311
Total liquid assets	$ 4,437	2,823
% of total	1.00%
Encumbered liquid assets	$ 2,178	1,078
Unencumbered liquid assets	2,259	1,745
Other than Canadian dollar [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	396,682	289,447
Securities received as collateral from securities financing and derivative transactions	159,562	146,110
Total liquid assets	$ 556,244	$ 435,557
% of total	63.00%	68.00%
Encumbered liquid assets	$ 169,915	$ 145,024
Unencumbered liquid assets	386,329	290,533
Other than Canadian dollar [member] | Cash and central bank reserves [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	68,783	19,225
Total liquid assets	$ 68,783	$ 19,225
% of total	8.00%	3.00%
Encumbered liquid assets	$ 51	$ 33
Unencumbered liquid assets	68,732	19,192
Other than Canadian dollar [member] | Corporate issuer obligations [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	77,319	84,835
Securities received as collateral from securities financing and derivative transactions	2,108	1,856
Total liquid assets	$ 79,427	$ 86,691
% of total	9.00%	13.00%
Encumbered liquid assets	$ 8,297	$ 7,070
Unencumbered liquid assets	71,130	79,621
Other than Canadian dollar [member] | Equities [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	29,758	40,550
Securities received as collateral from securities financing and derivative transactions	38,684	34,607
Total liquid assets	$ 68,442	$ 75,157
% of total	8.00%	12.00%
Encumbered liquid assets	$ 36,716	$ 39,403
Unencumbered liquid assets	31,726	35,754
Other than Canadian dollar [member] | Other marketable securities and/or loans [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	7,457	4,658
Securities received as collateral from securities financing and derivative transactions	17	667
Total liquid assets	$ 7,474	$ 5,325
% of total	1.00%	1.00%
Encumbered liquid assets	$ 225	$ 712
Unencumbered liquid assets	7,249	4,613
Other than Canadian dollar [member] | U.S. government obligations [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	82,701	34,103
Securities received as collateral from securities financing and derivative transactions	53,755	47,803
Total liquid assets	$ 136,456	$ 81,906
% of total	15.00%	13.00%
Encumbered liquid assets	$ 53,585	$ 37,367
Unencumbered liquid assets	82,871	44,539
Other than Canadian dollar [member] | U.S. federal agency obligations [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	74,131	58,222
Securities received as collateral from securities financing and derivative transactions	9,566	11,873
Total liquid assets	$ 83,697	$ 70,095
% of total	9.00%	11.00%
Encumbered liquid assets	$ 21,495	$ 20,939
Unencumbered liquid assets	62,202	49,156
Other than Canadian dollar [member] | Other sovereign obligations [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	56,533	47,854
Securities received as collateral from securities financing and derivative transactions	55,432	49,304
Total liquid assets	$ 111,965	$ 97,158
% of total	13.00%	15.00%
Encumbered liquid assets	$ 49,546	$ 39,500
Unencumbered liquid assets	$ 62,419	$ 57,658

IFRS 7 - Disclosure - Liquidi_2

IFRS 7 - Disclosure - Liquidity Risk - Additional Information (Detail) $ in Billions	12 Months Ended
	Oct. 31, 2019CAD ($)
Liquidity risk [abstract]
Increase in unencumbered liquid assets	$ 189

IFRS 7 - Disclosure - Liquidi_3

IFRS 7 - Disclosure - Liquidity Risk - Summary of Unencumbered Liquid Assets by Bank, Subsidiaries, and Branches (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure Of Unencumbered Assets [line items]
Unencumbered liquid assets	$ 580,890	$ 391,613
Toronto-Dominion Bank [member]
Disclosure Of Unencumbered Assets [line items]
Unencumbered liquid assets	230,369	139,550
Bank subsidiaries [member]
Disclosure Of Unencumbered Assets [line items]
Unencumbered liquid assets	334,308	228,978
Foreign branches [member]
Disclosure Of Unencumbered Assets [line items]
Unencumbered liquid assets	$ 16,213	$ 23,085

IFRS 7 - Disclosure - Liquidi_4

IFRS 7 - Disclosure - Liquidity Risk - Summary Of Deposit Funding (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure Of Deposits [line items]
Funds from Deposits	$ 949,281	$ 743,036
Other Deposits [member]
Disclosure Of Deposits [line items]
Funds from Deposits		23
Canadian Retail [member] | P&C Deposits [member]
Disclosure Of Deposits [line items]
Funds from Deposits	471,543	382,252
U.S. Retail [member] | P&C Deposits [member]
Disclosure Of Deposits [line items]
Funds from Deposits	$ 477,738	$ 360,761

IFRS 7 - Disclosure - Liquidi_5

IFRS 7 - Disclosure - Liquidity Risk - Summary of Remaining Contractual Maturity (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Sep. 30, 2020	Oct. 31, 2019	Sep. 30, 2019	Oct. 31, 2018	Nov. 01, 2017
ASSETS
Cash and due from banks	$ 6,445		$ 4,863		$ 4,735	$ 3,971
Interest-bearing deposits with banks	164,149		25,583
Trading loans, securities, and other	148,318		146,000
Non-trading financial assets at fair value through profit or loss	8,548		6,503
Derivatives	54,242		48,894
Financial assets designated at fair value through profit or loss	4,739		4,040
Financial assets at fair value through other comprehensive income	103,285		111,104
Debt securities at amortized cost, net of allowance for credit losses	227,679		130,497
Securities purchased under reverse repurchase agreements	169,162		165,935
Loans
Residential mortgages	252,219		235,640
Consumer instalment and other personal	185,460		180,334
Credit card	32,334		36,564
Business and government	255,799		236,517
Total loans	725,812		689,055
Allowance for loan losses	(8,289)		(4,447)
Loans, net of allowance for loan losses	717,523		684,608
Customers' liability under acceptances	14,941		13,494
Goodwill	17,148		16,976		16,536
Other intangibles	2,125		2,503
Land, buildings, equipment, and other depreciable assets	10,136		5,513
Deferred tax assets	2,444		1,799
Amounts receivable from brokers, dealers, and clients	33,951		20,575
Other assets	18,856		17,087
Total assets	1,715,865		1,415,290		1,334,903
LIABILITIES
Trading deposits	19,177		26,885
Derivatives	53,203		50,051
Securitization liabilities at fair value	13,718		13,058
Financial liabilities designated at fair value through profit or loss	59,665		105,131
Deposits
Personal	625,200		503,430
Banks	28,969		16,751
Business and government	481,164		366,796
Total deposits	1,135,333		886,977
Acceptances	14,941		13,494
Obligations related to securities sold short	34,999		29,656
Obligations related to securities sold under repurchase agreements	188,876		125,856
Securitization liabilities at amortized cost	15,768		14,086
Amounts payable to brokers, dealers, and clients	35,143		23,746
Insurance-related liabilities	7,590		6,920
Other liabilities	30,476		21,004
Subordinated notes and debentures	11,477		10,725
Equity	95,499		87,701		$ 80,040
Total liabilities and equity	1,715,865	$ 75,231	1,415,290	$ 57,671
Off-balance sheet commitments
Total off-balance sheet commitments	266,867		244,633
Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	260,753		230,640
Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	2,867
Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	3,247		3,200
Operating lease commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments			7,621
Other purchase obligations [member]
Off-balance sheet commitments
Total off-balance sheet commitments			3,172
TD Schwab [member]
Loans
Investment	12,174
TD Ameritrade [member]
Loans
Investment			9,316
Other assets		36,223		27,303
Total assets		75,231		57,671
Deposits
Other liabilities		7,174		6,205
Equity		$ 13,368		$ 11,459
Not later than one month [member]
ASSETS
Cash and due from banks	6,437		4,857
Interest-bearing deposits with banks	161,326		23,412
Trading loans, securities, and other	4,363		1,197
Non-trading financial assets at fair value through profit or loss	80		147
Derivatives	5,299		5,786
Financial assets designated at fair value through profit or loss	820		195
Financial assets at fair value through other comprehensive income	2,501		1,431
Debt securities at amortized cost, net of allowance for credit losses	6,444		1,878
Securities purchased under reverse repurchase agreements	98,721		98,904
Loans
Residential mortgages	472		2,006
Consumer instalment and other personal	706		850
Business and government	27,193		29,460
Total loans	28,371		32,316
Loans, net of allowance for loan losses	28,371		32,316
Customers' liability under acceptances	12,699		11,127
Amounts receivable from brokers, dealers, and clients	33,951		20,575
Other assets	3,521		2,548
Total assets	364,533		204,373
LIABILITIES
Trading deposits	1,802		5,837
Derivatives	4,718		7,180
Financial liabilities designated at fair value through profit or loss	18,654		22,193
Deposits
Personal	6,240		5,218
Banks	12,870		6,771
Business and government	25,387		18,576
Total deposits	44,497		30,565
Acceptances	12,699		11,127
Obligations related to securities sold short	698		384
Obligations related to securities sold under repurchase agreements	122,433		101,856
Amounts payable to brokers, dealers, and clients	35,143		23,746
Insurance-related liabilities	306		190
Other liabilities	7,672		2,845
Total liabilities and equity	248,622		205,923
Off-balance sheet commitments
Total off-balance sheet commitments	20,548		19,960
Not later than one month [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	19,568		19,388
Not later than one month [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	77
Not later than one month [member] | Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	903		408
Not later than one month [member] | Operating lease commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments			82
Not later than one month [member] | Other purchase obligations [member]
Off-balance sheet commitments
Total off-balance sheet commitments			82
Over 1 month to 3 months [member]
ASSETS
Cash and due from banks	8		6
Interest-bearing deposits with banks	656		1,137
Trading loans, securities, and other	6,920		3,990
Non-trading financial assets at fair value through profit or loss			2
Derivatives	7,167		8,472
Financial assets designated at fair value through profit or loss	183		696
Financial assets at fair value through other comprehensive income	2,799		3,818
Debt securities at amortized cost, net of allowance for credit losses	23,449		5,233
Securities purchased under reverse repurchase agreements	30,246		34,839
Loans
Residential mortgages	2,845		5,595
Consumer instalment and other personal	1,423		1,819
Business and government	4,938		5,573
Total loans	9,206		12,987
Loans, net of allowance for loan losses	9,206		12,987
Customers' liability under acceptances	2,036		2,211
Land, buildings, equipment, and other depreciable assets	1
Other assets	1,060		1,391
Total assets	83,731		74,782
LIABILITIES
Trading deposits	2,429		3,025
Derivatives	6,783		7,968
Securitization liabilities at fair value	608		668
Financial liabilities designated at fair value through profit or loss	7,290		25,370
Deposits
Personal	8,996		8,990
Banks	1,592		1,459
Business and government	24,703		10,049
Total deposits	35,291		20,498
Acceptances	2,036		2,211
Obligations related to securities sold short	1,095		654
Obligations related to securities sold under repurchase agreements	23,944		20,224
Securitization liabilities at amortized cost	1,055		513
Insurance-related liabilities	350		315
Other liabilities	3,630		3,142
Total liabilities and equity	84,511		84,588
Off-balance sheet commitments
Total off-balance sheet commitments	24,037		22,792
Over 1 month to 3 months [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	23,526		21,652
Over 1 month to 3 months [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	169
Over 1 month to 3 months [member] | Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	342		793
Over 1 month to 3 months [member] | Operating lease commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments			165
Over 1 month to 3 months [member] | Other purchase obligations [member]
Off-balance sheet commitments
Total off-balance sheet commitments			182
Over 3 months to 6 months [member]
ASSETS
Interest-bearing deposits with banks			77
Trading loans, securities, and other	7,866		3,916
Non-trading financial assets at fair value through profit or loss	600		37
Derivatives	4,554		3,255
Financial assets designated at fair value through profit or loss	631		156
Financial assets at fair value through other comprehensive income	8,490		4,161
Debt securities at amortized cost, net of allowance for credit losses	16,052		2,254
Securities purchased under reverse repurchase agreements	23,879		24,000
Loans
Residential mortgages	7,286		8,013
Consumer instalment and other personal	3,437		3,170
Business and government	8,973		7,970
Total loans	19,696		19,153
Loans, net of allowance for loan losses	19,696		19,153
Customers' liability under acceptances	204		152
Land, buildings, equipment, and other depreciable assets	6
Other assets	643		2,830
Total assets	82,621		59,991
LIABILITIES
Trading deposits	2,065		4,166
Derivatives	3,997		3,603
Securitization liabilities at fair value	243		412
Financial liabilities designated at fair value through profit or loss	12,563		15,799
Deposits
Personal	9,139		9,459
Banks	313		150
Business and government	24,841		7,569
Total deposits	34,293		17,178
Acceptances	204		152
Obligations related to securities sold short	993		398
Obligations related to securities sold under repurchase agreements	30,879		2,993
Securitization liabilities at amortized cost	221		1,274
Insurance-related liabilities	382		388
Other liabilities	1,744		1,334
Total liabilities and equity	87,584		47,697
Off-balance sheet commitments
Total off-balance sheet commitments	27,468		20,186
Over 3 months to 6 months [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	25,918		18,391
Over 3 months to 6 months [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	183
Over 3 months to 6 months [member] | Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	1,367		1,360
Over 3 months to 6 months [member] | Operating lease commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments			250
Over 3 months to 6 months [member] | Other purchase obligations [member]
Off-balance sheet commitments
Total off-balance sheet commitments			185
Later than six months and not later than nine months [member]
ASSETS
Trading loans, securities, and other	6,913		3,171
Non-trading financial assets at fair value through profit or loss	2,271		668
Derivatives	2,810		2,109
Financial assets designated at fair value through profit or loss	234		82
Financial assets at fair value through other comprehensive income	6,101		6,339
Debt securities at amortized cost, net of allowance for credit losses	5,855		1,050
Securities purchased under reverse repurchase agreements	11,776		6,331
Loans
Residential mortgages	9,994		9,832
Consumer instalment and other personal	3,941		3,620
Business and government	11,653		9,496
Total loans	25,588		22,948
Loans, net of allowance for loan losses	25,588		22,948
Customers' liability under acceptances	2		4
Land, buildings, equipment, and other depreciable assets	91
Other assets	2,783		168
Total assets	64,424		42,870
LIABILITIES
Trading deposits	3,057		2,606
Derivatives	1,917		2,062
Securitization liabilities at fair value	652		494
Financial liabilities designated at fair value through profit or loss	15,892		20,496
Deposits
Personal	9,550		7,691
Banks	56		1
Business and government	15,274		10,482
Total deposits	24,880		18,174
Acceptances	2		4
Obligations related to securities sold short	823		819
Obligations related to securities sold under repurchase agreements	1,791		694
Securitization liabilities at amortized cost	422		355
Insurance-related liabilities	316		330
Other liabilities	701		1,293
Total liabilities and equity	50,453		47,327
Off-balance sheet commitments
Total off-balance sheet commitments	20,504		14,451
Later than six months and not later than nine months [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	20,089		13,537
Later than six months and not later than nine months [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	188
Later than six months and not later than nine months [member] | Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	227		461
Later than six months and not later than nine months [member] | Operating lease commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments			247
Later than six months and not later than nine months [member] | Other purchase obligations [member]
Off-balance sheet commitments
Total off-balance sheet commitments			206
Later than nine months and not later than one year [member]
ASSETS
Trading loans, securities, and other	3,867		2,873
Non-trading financial assets at fair value through profit or loss	69		314
Derivatives	2,525		2,222
Financial assets designated at fair value through profit or loss	107		83
Financial assets at fair value through other comprehensive income	4,886		6,426
Debt securities at amortized cost, net of allowance for credit losses	5,498		764
Securities purchased under reverse repurchase agreements	4,204		1,765
Loans
Residential mortgages	10,481		11,719
Consumer instalment and other personal	3,893		3,544
Business and government	8,672		8,830
Total loans	23,046		24,093
Loans, net of allowance for loan losses	23,046		24,093
Land, buildings, equipment, and other depreciable assets	9
Other assets	470		103
Total assets	44,681		38,643
LIABILITIES
Trading deposits	1,639		3,185
Derivatives	2,012		1,763
Securitization liabilities at fair value	345		387
Financial liabilities designated at fair value through profit or loss	5,251		20,907
Deposits
Personal	7,288		7,583
Banks	28		6
Business and government	7,214		10,670
Total deposits	14,530		18,259
Obligations related to securities sold short	707		1,171
Obligations related to securities sold under repurchase agreements	4,952		30
Securitization liabilities at amortized cost	404		342
Insurance-related liabilities	305		318
Other liabilities	1,048		641
Total liabilities and equity	31,193		47,003
Off-balance sheet commitments
Total off-balance sheet commitments	14,862		12,552
Later than nine months and not later than one year [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	14,289		12,034
Later than nine months and not later than one year [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	165
Later than nine months and not later than one year [member] | Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	408		97
Later than nine months and not later than one year [member] | Operating lease commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments			244
Later than nine months and not later than one year [member] | Other purchase obligations [member]
Off-balance sheet commitments
Total off-balance sheet commitments			177
Over 1 year to 2 years [member]
ASSETS
Trading loans, securities, and other	9,732		15,672
Non-trading financial assets at fair value through profit or loss	1,430		1,301
Derivatives	6,314		5,610
Financial assets designated at fair value through profit or loss	930		404
Financial assets at fair value through other comprehensive income	25,305		18,205
Debt securities at amortized cost, net of allowance for credit losses	12,386		8,791
Securities purchased under reverse repurchase agreements	29		44
Loans
Residential mortgages	38,182		34,029
Consumer instalment and other personal	14,594		17,256
Business and government	35,439		21,078
Total loans	88,215		72,363
Loans, net of allowance for loan losses	88,215		72,363
Land, buildings, equipment, and other depreciable assets	29
Other assets	150		169
Total assets	144,520		122,559
LIABILITIES
Trading deposits	3,510		2,430
Derivatives	5,438		5,546
Securitization liabilities at fair value	2,495		1,656
Financial liabilities designated at fair value through profit or loss			356
Deposits
Personal	10,095		9,374
Business and government	14,378		34,130
Total deposits	24,473		43,504
Obligations related to securities sold short	4,888		3,351
Obligations related to securities sold under repurchase agreements	4,873		47
Securitization liabilities at amortized cost	1,642		2,098
Insurance-related liabilities	963		940
Other liabilities	1,304		3,339
Total liabilities and equity	49,586		63,267
Off-balance sheet commitments
Total off-balance sheet commitments	44,417		28,977
Over 1 year to 2 years [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	43,760		27,207
Over 1 year to 2 years [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	657
Over 1 year to 2 years [member] | Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments			81
Over 1 year to 2 years [member] | Operating lease commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments			936
Over 1 year to 2 years [member] | Other purchase obligations [member]
Off-balance sheet commitments
Total off-balance sheet commitments			753
Over 2 years to 5 years [member]
ASSETS
Trading loans, securities, and other	23,624		25,939
Non-trading financial assets at fair value through profit or loss	1,425		1,803
Derivatives	10,004		8,652
Financial assets designated at fair value through profit or loss	1,253		1,725
Financial assets at fair value through other comprehensive income	23,667		40,289
Debt securities at amortized cost, net of allowance for credit losses	62,145		45,127
Securities purchased under reverse repurchase agreements	307		52
Loans
Residential mortgages	138,912		101,591
Consumer instalment and other personal	68,961		61,736
Business and government	70,478		71,071
Total loans	278,351		234,398
Loans, net of allowance for loan losses	278,351		234,398
Land, buildings, equipment, and other depreciable assets	299
Other assets	125		157
Total assets	401,200		358,142
LIABILITIES
Trading deposits	3,455		4,014
Derivatives	11,084		8,148
Securitization liabilities at fair value	6,706		7,499
Financial liabilities designated at fair value through profit or loss	4		1
Deposits
Personal	7,923		9,670
Banks	4		3
Business and government	52,852		46,188
Total deposits	60,779		55,861
Obligations related to securities sold short	9,789		9,882
Obligations related to securities sold under repurchase agreements	4		12
Securitization liabilities at amortized cost	8,799		6,586
Insurance-related liabilities	1,676		1,612
Other liabilities	1,402		1,663
Subordinated notes and debentures	200
Total liabilities and equity	103,898		95,278
Off-balance sheet commitments
Total off-balance sheet commitments	108,826		114,644
Over 2 years to 5 years [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	107,951		111,281
Over 2 years to 5 years [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	875
Over 2 years to 5 years [member] | Operating lease commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments			2,332
Over 2 years to 5 years [member] | Other purchase obligations [member]
Off-balance sheet commitments
Total off-balance sheet commitments			1,031
Over 5 years [member]
ASSETS
Trading loans, securities, and other	27,554		19,014
Non-trading financial assets at fair value through profit or loss	1,879		1,488
Derivatives	15,569		12,788
Financial assets designated at fair value through profit or loss	581		699
Financial assets at fair value through other comprehensive income	26,957		28,594
Debt securities at amortized cost, net of allowance for credit losses	95,852		65,401
Loans
Residential mortgages	44,047		62,855
Consumer instalment and other personal	28,038		28,236
Business and government	65,144		61,266
Total loans	137,229		152,357
Loans, net of allowance for loan losses	137,229		152,357
Land, buildings, equipment, and other depreciable assets	4,384
Other assets	171		97
Total assets	310,176		280,438
LIABILITIES
Trading deposits	1,220		1,622
Derivatives	17,254		13,781
Securitization liabilities at fair value	2,669		1,942
Financial liabilities designated at fair value through profit or loss	11		9
Deposits
Personal	37		21
Banks	5		7
Business and government	3,386		7,594
Total deposits	3,428		7,622
Obligations related to securities sold short	14,986		12,115
Securitization liabilities at amortized cost	3,225		2,918
Insurance-related liabilities	1,033		874
Other liabilities	5,633		138
Subordinated notes and debentures	11,277		10,725
Total liabilities and equity	60,736		51,746
Off-balance sheet commitments
Total off-balance sheet commitments	4,896		9,777
Over 5 years [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	4,343		5,856
Over 5 years [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	553
Over 5 years [member] | Operating lease commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments			3,365
Over 5 years [member] | Other purchase obligations [member]
Off-balance sheet commitments
Total off-balance sheet commitments			556
No specific maturity [member]
ASSETS
Interest-bearing deposits with banks	2,167		957
Trading loans, securities, and other	57,479		70,228
Non-trading financial assets at fair value through profit or loss	794		743
Financial assets at fair value through other comprehensive income	2,579		1,841
Debt securities at amortized cost, net of allowance for credit losses	(2)		(1)
Loans
Consumer instalment and other personal	60,467		60,103
Credit card	32,334		36,564
Business and government	23,309		21,773
Total loans	116,110		118,440
Allowance for loan losses	(8,289)		(4,447)
Loans, net of allowance for loan losses	107,821		113,993
Goodwill	17,148		16,976
Other intangibles	2,125		2,503
Land, buildings, equipment, and other depreciable assets	5,317		5,513
Deferred tax assets	2,444		1,799
Other assets	9,933		9,624
Total assets	219,979		233,492
Deposits
Personal	565,932		445,424
Banks	14,101		8,354
Business and government	313,129		221,538
Total deposits	893,162		675,316
Obligations related to securities sold short	1,020		882
Insurance-related liabilities	2,259		1,953
Other liabilities	7,342		6,609
Equity	95,499		87,701
Total liabilities and equity	999,282		772,461
Off-balance sheet commitments
Total off-balance sheet commitments	1,309		1,294
No specific maturity [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	1,309		1,294
No specific maturity [member] | TD Schwab [member]
Loans
Investment	$ 12,174
No specific maturity [member] | TD Ameritrade [member]
Loans
Investment			$ 9,316

IFRS 7 - Disclosure - Liquidi_6

IFRS 7 - Disclosure - Liquidity Risk - Summary of Remaining Contractual Maturity (Parenthetical) (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019	Jun. 30, 2019
Disclosure of assets and liabilities according to their remaining contractual maturities [line items]
Covered bonds	$ 41,000	$ 40,000
Commitments to extend credit to private equity investments	290	374
Capital lease commitments		83
Not later than one month [member]
Disclosure of assets and liabilities according to their remaining contractual maturities [line items]
Capital lease commitments		2
Over 1 month to 3 months [member]
Disclosure of assets and liabilities according to their remaining contractual maturities [line items]
Covered bonds	2,000
Capital lease commitments		4
Over 3 months to 6 months [member]
Disclosure of assets and liabilities according to their remaining contractual maturities [line items]
Covered bonds	3,000	2,000
Capital lease commitments		5
Later than six months and not later than nine months [member]
Disclosure of assets and liabilities according to their remaining contractual maturities [line items]
Covered bonds	5,000	2,000
Capital lease commitments		5
Later than nine months and not later than one year [member]
Disclosure of assets and liabilities according to their remaining contractual maturities [line items]
Covered bonds	4,000
Capital lease commitments		5
Over 1 year to 2 years [member]
Disclosure of assets and liabilities according to their remaining contractual maturities [line items]
Covered bonds	9,000	14,000
Capital lease commitments		22
Over 2 years to 5 years [member]
Disclosure of assets and liabilities according to their remaining contractual maturities [line items]
Covered bonds	16,000	18,000
Capital lease commitments		39
Over 5 years [member]
Disclosure of assets and liabilities according to their remaining contractual maturities [line items]
Covered bonds	$ 2,000	3,000
Capital lease commitments		1
Less than one month [member]
Disclosure of assets and liabilities according to their remaining contractual maturities [line items]
Covered bonds		$ 1,000
TD Capital Trust IV Notes [member] | Business and government [member]
Disclosure of assets and liabilities according to their remaining contractual maturities [line items]
Redemption of capital Trust IV Notes			$ 550
Redemption price percentage of principal amount			100.00%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Detail)	12 Months Ended
	Oct. 31, 2020
Employee Stock Options [member]
Disclosure of initial application of standards or interpretations [line items]
Share options period	The cost of the share options is based on the fair value estimated at the grant date and is recognized as compensation expense and contributed surplus over the service period required for employees to become fully entitled to the awards. This period is generally equal to the vesting period in addition to a period prior to the grant date. For the Bank's share options, this period is generally equal to five years. When options are exercised, the amount initially recognized in the contributed surplus balance is reduced, with a corresponding increase in common shares.
Vesting period	Compensation expense is recognized based on the fair value of the share units at the grant date adjusted for changes in fair value between the grant date and the vesting date, net of hedging activities, over the service period required for employees to become fully entitled to the awards. This period is generally equal to the vesting period, in addition to a period prior to the grant date. For the Bank's share units, this period is generally equal to four years.
Bottom of range [member]
Disclosure of initial application of standards or interpretations [line items]
Estimated useful lives of intangible assets	3 years
Bottom of range [member] | Computer software [member]
Disclosure of initial application of standards or interpretations [line items]
Estimated useful lives of intangible assets	3 years
Top of range [member]
Disclosure of initial application of standards or interpretations [line items]
Estimated useful lives of intangible assets	20 years
Top of range [member] | Computer software [member]
Disclosure of initial application of standards or interpretations [line items]
Estimated useful lives of intangible assets	7 years
Minimum [Member] | Associates [member]
Disclosure of initial application of standards or interpretations [line items]
Significant Influence percentage of voting rights	20.00%
Maximum [Member] | Associates [member]
Disclosure of initial application of standards or interpretations [line items]
Significant Influence percentage of voting rights	50.00%

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Useful Lives of Assets Estimated by Asset Category (Detail)	12 Months Ended
	Oct. 31, 2020
Buildings [member] | Bottom of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	15 years
Buildings [member] | Top of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	40 years
Computer equipment [member] | Bottom of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	2 years
Computer equipment [member] | Top of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	8 years
Furniture and fixtures [member] | Bottom of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	3 years
Furniture and fixtures [member] | Top of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	15 years
Other equipment [member] | Bottom of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	5 years
Other equipment [member] | Top of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	15 years
Leasehold improvements [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	Lesser of the remaining lease term and the remaining useful life of the asset

Current and Future Changes in_3

Current and Future Changes in Accounting Policies - Additional Information (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Nov. 01, 2019	Oct. 31, 2019
Disclosure of changes in accounting policies [line items]
Lease liabilities	$ 6,095		$ 66
Retained earnings	$ 53,845		$ 49,497
Common Equity Tier 1 Capital	13.10%		12.10%
Increase (decrease) due to application of IFRS 16 [member]
Disclosure of changes in accounting policies [line items]
Right of use assets		$ 4,460
Lease liabilities		5,664
Other balance sheet adjustments		650
Retained earnings		$ (550)
Common Equity Tier 1 Capital		(0.24%)

Current and Future Changes in_4

Current and Future Changes in Accounting Policies - Schedule of Recognized Lease Liabilities (Detail) - CAD ($) $ in Millions	Nov. 01, 2019	Oct. 31, 2020	Oct. 31, 2019
Disclosure of changes in accounting policies [line items]
Lease liabilities recognized		$ 6,095	$ 66
Increase (decrease) due to application of IFRS 16 [member]
Disclosure of changes in accounting policies [line items]
Operating lease commitments disclosed as at October 31, 2019			$ 7,621
Commitments for leases that have not commenced at November 1, 2019, and commitments for non-lease payments	$ (2,577)
Effect of recognition exemption for short-term and low value leases	(29)
Effect of extension and termination options reasonably certain to be exercised and other	4,732
Effect of discounting using the incremental borrowing rate	(4,083)
Lease liabilities recognized	$ 5,664

Current and Future Changes in_5

Current and Future Changes in Accounting Policies - Schedule of Recognized Lease Liabilities (Parenthetical) (Detail)	Nov. 01, 2019
Increase (decrease) due to application of IFRS 16 [member]
Disclosure of changes in accounting policies [line items]
Weighted average incremental borrowing rate	2.80%

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Liabilities Not Carried at Fair Value (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	$ 227,679	$ 130,497
Total loans, net of allowance for loan losses	717,523	684,608
FINANCIAL LIABILITIES
Total deposits, other than trading	1,135,333	886,977
Securitization liabilities at amortized cost	15,768	14,086
Subordinated notes and debentures	11,477	10,725
Carrying value [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	227,679	130,497
Total loans, net of allowance for loan losses	717,523	684,608
Total financial assets not carried at fair value	945,202	815,105
FINANCIAL LIABILITIES
Total deposits, other than trading	1,135,333	886,977
Securitization liabilities at amortized cost	15,768	14,086
Subordinated notes and debentures	11,477	10,725
Total financial liabilities not carried at fair value	1,162,578	911,788
Carrying value [member] | Government and government-related securities [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	174,592	78,275
Carrying value [member] | Other debt securities [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	53,087	52,222
Not measured at fair value in statement of financial position but for which fair value is disclosed [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	228,873	130,744
Total loans, net of allowance for loan losses	727,197	688,154
Total financial assets not carried at fair value	956,070	818,898
FINANCIAL LIABILITIES
Total deposits, other than trading	1,137,624	892,597
Securitization liabilities at amortized cost	16,143	14,258
Subordinated notes and debentures	12,374	11,323
Total financial liabilities not carried at fair value	1,166,141	918,178
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Government and government-related securities [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	175,500	78,374
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Other debt securities [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	$ 53,373	$ 52,370

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value Hierarchy for Assets and Liabilities Measured at Fair Value on a Recurring Basis (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Trading loans, securities, and other
Trading loans, securities, and other	$ 148,318	$ 146,000
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	8,548	6,503
Derivatives
Derivative financial assets	54,242	48,894
Financial assets designated at fair value through profit or loss
Financial assets designated at fair value through profit or loss	4,739	4,040
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	103,285	111,104
Securities purchased under reverse repurchase agreements	169,162	165,935
FINANCIAL LIABILITIES
Trading deposits	19,177	26,885
Derivatives
Derivative financial liabilities	53,203	50,051
Securitization liabilities at fair value	13,718	13,058
Financial liabilities designated at fair value through profit or loss	59,665	105,131
Obligations related to securities sold short	34,999	29,656
Obligations related to securities sold under repurchase agreements	188,876	125,856
Recurring fair value measurement [member]
Trading loans, securities, and other
Trading loans, securities, and other	148,318	146,000
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	8,548	6,503
Derivatives
Derivative financial assets	54,242	48,894
Financial assets designated at fair value through profit or loss
Financial assets designated at fair value through profit or loss	4,739	4,040
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	103,285	111,104
Securities purchased under reverse repurchase agreements	7,395	4,843
FINANCIAL LIABILITIES
Trading deposits	19,177	26,885
Derivatives
Derivative financial liabilities	53,203	50,051
Securitization liabilities at fair value	13,718	13,058
Financial liabilities designated at fair value through profit or loss	59,665	105,131
Obligations related to securities sold short	34,999	29,656
Obligations related to securities sold under repurchase agreements	3,675	2,973
Recurring fair value measurement [member] | Level 1 of fair value hierarchy [member]
Trading loans, securities, and other
Trading loans, securities, and other	57,167	70,271
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	232	229
Derivatives
Derivative financial assets	423	313
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	1,005	287
Derivatives
Derivative financial liabilities	383	306
Obligations related to securities sold short	1,039	878
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member]
Trading loans, securities, and other
Trading loans, securities, and other	91,132	75,717
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	7,742	5,776
Derivatives
Derivative financial assets	53,438	47,977
Financial assets designated at fair value through profit or loss
Financial assets designated at fair value through profit or loss	4,739	4,040
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	100,681	109,242
Securities purchased under reverse repurchase agreements	7,395	4,843
FINANCIAL LIABILITIES
Trading deposits	14,528	22,793
Derivatives
Derivative financial liabilities	51,620	48,115
Securitization liabilities at fair value	13,718	13,058
Financial liabilities designated at fair value through profit or loss	59,641	105,110
Obligations related to securities sold short	33,960	28,778
Obligations related to securities sold under repurchase agreements	3,675	2,973
Recurring fair value measurement [member] | Level 3 of fair value hierarchy [member]
Trading loans, securities, and other
Trading loans, securities, and other	19	12
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	574	498
Derivatives
Derivative financial assets	381	604
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	1,599	1,575
FINANCIAL LIABILITIES
Trading deposits	4,649	4,092
Derivatives
Derivative financial liabilities	1,200	1,630
Financial liabilities designated at fair value through profit or loss	24	21
Recurring fair value measurement [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Trading loans, securities, and other
Trading loans, securities, and other	21,492	10,916
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	14,126	9,663
Recurring fair value measurement [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Trading loans, securities, and other
Trading loans, securities, and other	8,468	8,518
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	16,502	12,927
Recurring fair value measurement [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Trading loans, securities, and other
Trading loans, securities, and other	22,825	19,133
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	33,034	40,737
Recurring fair value measurement [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Trading loans, securities, and other
Trading loans, securities, and other	4,563	4,132
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	10,756	14,407
Recurring fair value measurement [member] | Government and government-related securities [member] | Mortgage-backed securities [member]
Trading loans, securities, and other
Trading loans, securities, and other	1,690	1,746
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	3,865	5,437
Recurring fair value measurement [member] | Government and government-related securities [member] | Level 1 of fair value hierarchy [member] | Canadian Government Federal Debt [member]
Trading loans, securities, and other
Trading loans, securities, and other	351	395
Recurring fair value measurement [member] | Government and government-related securities [member] | Level 2 of fair value hierarchy [member] | Canadian Government Federal Debt [member]
Trading loans, securities, and other
Trading loans, securities, and other	21,141	10,521
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	14,126	9,663
Recurring fair value measurement [member] | Government and government-related securities [member] | Level 2 of fair value hierarchy [member] | Canadian government provincial debt [member]
Trading loans, securities, and other
Trading loans, securities, and other	8,468	8,510
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	16,502	12,927
Recurring fair value measurement [member] | Government and government-related securities [member] | Level 2 of fair value hierarchy [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Trading loans, securities, and other
Trading loans, securities, and other	22,809	19,133
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	33,034	40,737
Recurring fair value measurement [member] | Government and government-related securities [member] | Level 2 of fair value hierarchy [member] | Other OECD government-guaranteed debt [member]
Trading loans, securities, and other
Trading loans, securities, and other	4,563	4,132
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	10,756	14,407
Recurring fair value measurement [member] | Government and government-related securities [member] | Level 2 of fair value hierarchy [member] | Mortgage-backed securities [member]
Trading loans, securities, and other
Trading loans, securities, and other	1,690	1,746
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	3,865	5,437
Recurring fair value measurement [member] | Government and government-related securities [member] | Level 3 of fair value hierarchy [member] | Canadian government provincial debt [member]
Trading loans, securities, and other
Trading loans, securities, and other		8
Recurring fair value measurement [member] | Government and government-related securities [member] | Level 3 of fair value hierarchy [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Trading loans, securities, and other
Trading loans, securities, and other	16
Recurring fair value measurement [member] | Other debt securities [member] | Canadian issuers [member]
Trading loans, securities, and other
Trading loans, securities, and other	5,615	5,132
Recurring fair value measurement [member] | Other debt securities [member] | Other issuers [member]
Trading loans, securities, and other
Trading loans, securities, and other	13,353	13,548
Recurring fair value measurement [member] | Other debt securities [member] | Assets backed security [member]
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	10,006	15,888
Recurring fair value measurement [member] | Other debt securities [member] | Non Agency Collateralized Mortgage Obligation Portfolio [member]
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income		247
Recurring fair value measurement [member] | Other debt securities [member] | Corporate and other debt [member]
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	9,895	7,834
Recurring fair value measurement [member] | Other debt securities [member] | Level 2 of fair value hierarchy [member] | Canadian issuers [member]
Trading loans, securities, and other
Trading loans, securities, and other	5,613	5,129
Recurring fair value measurement [member] | Other debt securities [member] | Level 2 of fair value hierarchy [member] | Other issuers [member]
Trading loans, securities, and other
Trading loans, securities, and other	13,352	13,547
Recurring fair value measurement [member] | Other debt securities [member] | Level 2 of fair value hierarchy [member] | Assets backed security [member]
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	10,006	15,888
Recurring fair value measurement [member] | Other debt securities [member] | Level 2 of fair value hierarchy [member] | Non Agency Collateralized Mortgage Obligation Portfolio [member]
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income		247
Recurring fair value measurement [member] | Other debt securities [member] | Level 2 of fair value hierarchy [member] | Corporate and other debt [member]
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	9,875	7,810
Recurring fair value measurement [member] | Other debt securities [member] | Level 3 of fair value hierarchy [member] | Canadian issuers [member]
Trading loans, securities, and other
Trading loans, securities, and other	2	3
Recurring fair value measurement [member] | Other debt securities [member] | Level 3 of fair value hierarchy [member] | Other issuers [member]
Trading loans, securities, and other
Trading loans, securities, and other	1	1
Recurring fair value measurement [member] | Other debt securities [member] | Level 3 of fair value hierarchy [member] | Corporate and other debt [member]
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	20	24
Recurring fair value measurement [member] | Equity securities [member] | Common shares [member]
Trading loans, securities, and other
Trading loans, securities, and other	43,842	56,119
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	2,387	1,598
Recurring fair value measurement [member] | Equity securities [member] | Preferred shares [member]
Trading loans, securities, and other
Trading loans, securities, and other	37	57
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	212	242
Recurring fair value measurement [member] | Equity securities [member] | Level 1 of fair value hierarchy [member] | Common shares [member]
Trading loans, securities, and other
Trading loans, securities, and other	43,803	56,058
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	819	89
Recurring fair value measurement [member] | Equity securities [member] | Level 1 of fair value hierarchy [member] | Preferred shares [member]
Trading loans, securities, and other
Trading loans, securities, and other	37	57
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	186	198
Recurring fair value measurement [member] | Equity securities [member] | Level 2 of fair value hierarchy [member] | Common shares [member]
Trading loans, securities, and other
Trading loans, securities, and other	39	61
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	15	2
Recurring fair value measurement [member] | Equity securities [member] | Level 3 of fair value hierarchy [member] | Common shares [member]
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	1,553	1,507
Recurring fair value measurement [member] | Equity securities [member] | Level 3 of fair value hierarchy [member] | Preferred shares [member]
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	26	44
Recurring fair value measurement [member] | Trading loans [member]
Trading loans, securities, and other
Trading loans, securities, and other	12,959	12,482
Recurring fair value measurement [member] | Trading loans [member] | Level 2 of fair value hierarchy [member]
Trading loans, securities, and other
Trading loans, securities, and other	12,959	12,482
Recurring fair value measurement [member] | Commodities [member]
Trading loans, securities, and other
Trading loans, securities, and other	13,460	14,198
Recurring fair value measurement [member] | Commodities [member] | Level 1 of fair value hierarchy [member]
Trading loans, securities, and other
Trading loans, securities, and other	12,976	13,761
Recurring fair value measurement [member] | Commodities [member] | Level 2 of fair value hierarchy [member]
Trading loans, securities, and other
Trading loans, securities, and other	484	437
Recurring fair value measurement [member] | Retained interests [member]
Trading loans, securities, and other
Trading loans, securities, and other	14	19
Recurring fair value measurement [member] | Retained interests [member] | Level 2 of fair value hierarchy [member]
Trading loans, securities, and other
Trading loans, securities, and other	14	19
Recurring fair value measurement [member] | Securities [member]
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	4,830	4,707
Financial assets designated at fair value through profit or loss
Financial assets designated at fair value through profit or loss	4,739	4,040
Recurring fair value measurement [member] | Securities [member] | Level 1 of fair value hierarchy [member]
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	232	229
Recurring fair value measurement [member] | Securities [member] | Level 2 of fair value hierarchy [member]
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	4,027	3,985
Financial assets designated at fair value through profit or loss
Financial assets designated at fair value through profit or loss	4,739	4,040
Recurring fair value measurement [member] | Securities [member] | Level 3 of fair value hierarchy [member]
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	571	493
Recurring fair value measurement [member] | Loans [member]
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	3,718	1,796
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	2,502	2,124
Recurring fair value measurement [member] | Loans [member] | Level 2 of fair value hierarchy [member]
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	3,715	1,791
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	2,502	2,124
Recurring fair value measurement [member] | Loans [member] | Level 3 of fair value hierarchy [member]
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	3	5
Recurring fair value measurement [member] | Interest rate contracts [member]
Derivatives
Derivative financial assets	17,959	14,816
Derivatives
Derivative financial liabilities	19,132	14,506
Recurring fair value measurement [member] | Interest rate contracts [member] | Level 1 of fair value hierarchy [member]
Derivatives
Derivative financial assets	22	22
Derivatives
Derivative financial liabilities	14	19
Recurring fair value measurement [member] | Interest rate contracts [member] | Level 2 of fair value hierarchy [member]
Derivatives
Derivative financial assets	17,937	14,794
Derivatives
Derivative financial liabilities	19,022	14,404
Recurring fair value measurement [member] | Interest rate contracts [member] | Level 3 of fair value hierarchy [member]
Derivatives
Derivative financial liabilities	96	83
Recurring fair value measurement [member] | Foreign exchange contracts [member]
Derivatives
Derivative financial assets	29,620	30,650
Derivatives
Derivative financial liabilities	27,314	29,399
Recurring fair value measurement [member] | Foreign exchange contracts [member] | Level 1 of fair value hierarchy [member]
Derivatives
Derivative financial assets	13	24
Derivatives
Derivative financial liabilities	14	21
Recurring fair value measurement [member] | Foreign exchange contracts [member] | Level 2 of fair value hierarchy [member]
Derivatives
Derivative financial assets	29,605	30,623
Derivatives
Derivative financial liabilities	27,300	29,374
Recurring fair value measurement [member] | Foreign exchange contracts [member] | Level 3 of fair value hierarchy [member]
Derivatives
Derivative financial assets	2	3
Derivatives
Derivative financial liabilities		4
Recurring fair value measurement [member] | Credit Derivative Contracts [member]
Derivatives
Derivative financial assets	19	16
Derivatives
Derivative financial liabilities	327	420
Recurring fair value measurement [member] | Credit Derivative Contracts [member] | Level 2 of fair value hierarchy [member]
Derivatives
Derivative financial assets	19	16
Derivatives
Derivative financial liabilities	327	420
Recurring fair value measurement [member] | Equity contracts [member]
Derivatives
Derivative financial assets	4,230	1,888
Derivatives
Derivative financial liabilities	4,437	4,391
Recurring fair value measurement [member] | Equity contracts [member] | Level 1 of fair value hierarchy [member]
Derivatives
Derivative financial assets	5	1
Recurring fair value measurement [member] | Equity contracts [member] | Level 2 of fair value hierarchy [member]
Derivatives
Derivative financial assets	3,855	1,298
Derivatives
Derivative financial liabilities	3,360	2,877
Recurring fair value measurement [member] | Equity contracts [member] | Level 3 of fair value hierarchy [member]
Derivatives
Derivative financial assets	370	589
Derivatives
Derivative financial liabilities	1,077	1,514
Recurring fair value measurement [member] | Commodity contracts [member]
Derivatives
Derivative financial assets	2,414	1,524
Derivatives
Derivative financial liabilities	1,993	1,335
Recurring fair value measurement [member] | Commodity contracts [member] | Level 1 of fair value hierarchy [member]
Derivatives
Derivative financial assets	383	266
Derivatives
Derivative financial liabilities	355	266
Recurring fair value measurement [member] | Commodity contracts [member] | Level 2 of fair value hierarchy [member]
Derivatives
Derivative financial assets	2,022	1,246
Derivatives
Derivative financial liabilities	1,611	1,040
Recurring fair value measurement [member] | Commodity contracts [member] | Level 3 of fair value hierarchy [member]
Derivatives
Derivative financial assets	9	12
Derivatives
Derivative financial liabilities	$ 27	$ 29

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Reconciliation of Changes in Fair Value for Level 3 Assets and Liabilities (Detail) - Level 3 of fair value hierarchy [member] - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Trading deposits [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	$ (4,092)	$ (3,024)
Total realized and unrealized gains (losses) included in income	214	(380)
Total realized and unrealized gains (losses) included in OCI	0	0
Movements purchases/Issuances	(3,334)	(2,030)
Movements Sales/Settlements	2,558	1,342
Transfer Into Level 3	(3)
Transfers Out of Level 3	8
Fair value ending balance	(4,649)	(4,092)
Change in Unrealized gain (losses) on instruments still held	328	(243)
Derivative financial liabilities [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	(1,026)	(659)
Total realized and unrealized gains (losses) included in income	89	(527)
Total realized and unrealized gains (losses) included in OCI	0	0
Movements purchases/Issuances	(101)	(127)
Movements Sales/Settlements	217	293
Transfer Into Level 3		(9)
Transfers Out of Level 3	2	3
Fair value ending balance	(819)	(1,026)
Change in Unrealized gain (losses) on instruments still held	140	(513)
Derivative financial liabilities [member] | Interest rate contracts [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	(83)	(63)
Total realized and unrealized gains (losses) included in income	(43)	(22)
Total realized and unrealized gains (losses) included in OCI	0	0
Movements Sales/Settlements	30	6
Transfer Into Level 3		(4)
Fair value ending balance	(96)	(83)
Change in Unrealized gain (losses) on instruments still held	(17)	(32)
Derivative financial liabilities [member] | Foreign exchange contracts [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	(1)	1
Total realized and unrealized gains (losses) included in income	2
Total realized and unrealized gains (losses) included in OCI	0	0
Transfer Into Level 3	1	(5)
Transfers Out of Level 3		3
Fair value ending balance	2	(1)
Change in Unrealized gain (losses) on instruments still held	1	(1)
Derivative financial liabilities [member] | Equity contracts [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	(925)	(624)
Total realized and unrealized gains (losses) included in income	172	(472)
Total realized and unrealized gains (losses) included in OCI	0	0
Movements purchases/Issuances	(101)	(127)
Movements Sales/Settlements	146	298
Transfer Into Level 3	(1)
Transfers Out of Level 3	2
Fair value ending balance	(707)	(925)
Change in Unrealized gain (losses) on instruments still held	172	(460)
Derivative financial liabilities [member] | Commodity contracts [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	(17)	27
Total realized and unrealized gains (losses) included in income	(42)	(33)
Total realized and unrealized gains (losses) included in OCI	0	0
Movements Sales/Settlements	41	(11)
Fair value ending balance	(18)	(17)
Change in Unrealized gain (losses) on instruments still held	(16)	(20)
Financial liabilities designated at fair value through profit or loss [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	(21)	(14)
Total realized and unrealized gains (losses) included in income	112	104
Total realized and unrealized gains (losses) included in OCI	0	0
Movements purchases/Issuances	(202)	(187)
Movements Sales/Settlements	87	76
Fair value ending balance	(24)	(21)
Change in Unrealized gain (losses) on instruments still held	112	65
Obligations Related to Securities Sold Short [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Total realized and unrealized gains (losses) included in OCI	0	0
Movements purchases/Issuances		1
Transfer Into Level 3	(6)
Transfers Out of Level 3	6	(1)
Trading loans, securities, and other [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	12	20
Total realized and unrealized gains (losses) included in income	(1)	1
Movements purchases/Issuances	29	3
Movements Sales/ Settlements	(49)	(76)
Transfer Into Level 3	35	79
Transfers Out of Level 3	(7)	(15)
Fair value ending balance	19	12
Trading loans, securities, and other [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	8	3
Movements Sales/ Settlements	(8)	(50)
Transfer Into Level 3		55
Fair value ending balance		8
Trading loans, securities, and other [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	3	1
Movements purchases/Issuances		1
Movements Sales/ Settlements	(1)	(2)
Transfer Into Level 3	2	4
Transfers Out of Level 3	(2)	(1)
Fair value ending balance	2	3
Trading loans, securities, and other [member] | Other debt securities [member] | Other issuers [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	1	16
Total realized and unrealized gains (losses) included in income		1
Movements purchases/Issuances	29	2
Movements Sales/ Settlements	(40)	(24)
Transfer Into Level 3	16	20
Transfers Out of Level 3	(5)	(14)
Fair value ending balance	1	1
Trading loans, securities, and other [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Total realized and unrealized gains (losses) included in income	(1)
Transfer Into Level 3	17
Fair value ending balance	16
Non trading financial assets at fair value through profit or loss [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	498	427
Total realized and unrealized gains (losses) included in income	12	101
Movements purchases/Issuances	118	322
Movements Sales/ Settlements	(54)	(352)
Fair value ending balance	574	498
Change in Unrealized gain (losses) on instruments still held	(2)	21
Non trading financial assets at fair value through profit or loss [member] | Securities [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	493	408
Total realized and unrealized gains (losses) included in income	12	97
Movements purchases/Issuances	118	317
Movements Sales/ Settlements	(52)	(329)
Fair value ending balance	571	493
Change in Unrealized gain (losses) on instruments still held	(2)	20
Non trading financial assets at fair value through profit or loss [member] | Loans [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	5	19
Total realized and unrealized gains (losses) included in income		4
Movements purchases/Issuances		5
Movements Sales/ Settlements	(2)	(23)
Fair value ending balance	3	5
Change in Unrealized gain (losses) on instruments still held		1
Financial assets at fair value through other comprehensive income [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	1,575	2,413
Total realized and unrealized gains (losses) included in income		24
Total realized and unrealized gains (losses) included in OCI	(27)	(19)
Movements purchases/Issuances	50	32
Movements Sales/ Settlements	1	(312)
Transfers Out of Level 3		(563)
Fair value ending balance	1,599	1,575
Change in Unrealized gain (losses) on instruments still held	(28)	(27)
Financial assets at fair value through other comprehensive income [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance		200
Total realized and unrealized gains (losses) included in income		24
Movements Sales/ Settlements		(224)
Financial assets at fair value through other comprehensive income [member] | Other debt securities [member] | Asset-backed securities [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance		562
Transfers Out of Level 3		(562)
Financial assets at fair value through other comprehensive income [member] | Other debt securities [member] | Corporate and other debt [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	24	24
Total realized and unrealized gains (losses) included in OCI	(4)
Fair value ending balance	20	24
Change in Unrealized gain (losses) on instruments still held	(4)
Financial assets at fair value through other comprehensive income [member] | Equity securities [member] | Common shares [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	1,507	1,492
Total realized and unrealized gains (losses) included in OCI	(4)	(3)
Movements purchases/Issuances	48	31
Movements Sales/ Settlements	2	(13)
Fair value ending balance	1,553	1,507
Change in Unrealized gain (losses) on instruments still held	(4)	(4)
Financial assets at fair value through other comprehensive income [member] | Equity securities [member] | Preferred shares [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	44	135
Total realized and unrealized gains (losses) included in OCI	(19)	(16)
Movements purchases/Issuances	2	1
Movements Sales/ Settlements	(1)	(75)
Transfers Out of Level 3		(1)
Fair value ending balance	26	44
Change in Unrealized gain (losses) on instruments still held	$ (20)	$ (23)

Fair Value Measurements - Sch_2

Fair Value Measurements - Schedule of Reconciliation of Changes in Fair Value for Level 3 Assets and Liabilities (Parenthetical) (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Nov. 01, 2019	Oct. 31, 2019	Nov. 01, 2018
Disclosure of fair value measurement of assets and liabilities [Line Items]
Derivative assets	$ 54,242		$ 48,894
Derivative liabilities	53,203		50,051
Level 3 of fair value hierarchy [member] | Netted Derivatives [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Derivative assets	400	$ 600	600	$ 500
Derivative liabilities	$ 1,200	$ 1,600	$ 1,600	$ 1,200

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Quantitative Information about Fair Value Measurements Using Significant Unobservable Inputs (Level 3 Instruments) (Detail) - Level 3 of fair value hierarchy [member]	12 Months Ended
	Oct. 31, 2020PointTimes	Oct. 31, 2019PointTimes
Bottom of range [member] | Market comparable [member] | Equity contracts [member] | Derivatives [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
New issue price	100.00%	100.00%
Bottom of range [member] | Discounted cash flow [member] | Interest rate contracts [member] | Derivatives [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Inflation rate swap curve	1.00%	1.00%
Bottom of range [member] | Swaption Model [member] | Interest rate contracts [member] | Derivatives [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Currency specific volatility		27.00%
Bottom of range [member] | Swaption Model [member] | Trading deposits [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Currency specific volatility	21.00%	25.00%
Bottom of range [member] | Option model [member] | Interest rate contracts [member] | Derivatives [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Funding ratio	60.00%	60.00%
Bottom of range [member] | Option model [member] | Foreign exchange contracts [member] | Derivatives [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Currency specific volatility	4.00%	4.00%
Bottom of range [member] | Option model [member] | Equity contracts [member] | Derivatives [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Price correlation	(16.00%)	(19.00%)
Quanto correlation	10.00%	10.00%
Equity volatility	8.00%	7.00%
Bottom of range [member] | Option model [member] | Commodity contracts [member] | Derivatives [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Quanto correlation	(66.00%)	(66.00%)
Swaption correlation	73.00%	44.00%
Bottom of range [member] | Option model [member] | Trading deposits [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Price correlation	(16.00%)	(19.00%)
Quanto correlation	(35.00%)	(43.00%)
Equity volatility	7.00%	7.00%
Bottom of range [member] | Option model [member] | Financial liabilities designated at fair value through profit or loss [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Funding ratio	1.00%	2.00%
Bottom of range [member] | Government and government-related securities [member] | Market comparable [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Bond price equivalent | Point	19	101
Bottom of range [member] | Equity securities [member] | Market comparable [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
New issue price	100.00%	100.00%
Price equivalent	23.00%	79.00%
Bottom of range [member] | Equity securities [member] | Discounted cash flow [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Discount rate	9.00%	9.00%
Bottom of range [member] | Equity securities [member] | EBITDA Multiple [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Earnings multiple		3.5
Bottom of range [member] | Non trading financial assets at fair value through profit and loss [member] | Market comparable [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
New issue price	100.00%	100.00%
Bottom of range [member] | Non trading financial assets at fair value through profit and loss [member] | Discounted cash flow [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Discount rate	20.00%	8.00%
Bottom of range [member] | Non trading financial assets at fair value through profit and loss [member] | EBITDA Multiple [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Earnings multiple	1.5	1.1
Bottom of range [member] | Non trading financial assets at fair value through profit and loss [member] | Price-based [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Net Asset Value	n/a	n/a
Top of range [member] | Market comparable [member] | Equity contracts [member] | Derivatives [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
New issue price	100.00%	100.00%
Top of range [member] | Discounted cash flow [member] | Interest rate contracts [member] | Derivatives [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Inflation rate swap curve	2.00%	2.00%
Top of range [member] | Swaption Model [member] | Interest rate contracts [member] | Derivatives [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Currency specific volatility		325.00%
Top of range [member] | Swaption Model [member] | Trading deposits [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Currency specific volatility	462.00%	325.00%
Top of range [member] | Option model [member] | Interest rate contracts [member] | Derivatives [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Funding ratio	75.00%	75.00%
Top of range [member] | Option model [member] | Foreign exchange contracts [member] | Derivatives [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Currency specific volatility	18.00%	12.00%
Top of range [member] | Option model [member] | Equity contracts [member] | Derivatives [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Price correlation	95.00%	97.00%
Quanto correlation	68.00%	68.00%
Dividend yield	10.00%	8.00%
Equity volatility	117.00%	124.00%
Top of range [member] | Option model [member] | Commodity contracts [member] | Derivatives [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Quanto correlation	(46.00%)	(46.00%)
Swaption correlation	85.00%	56.00%
Top of range [member] | Option model [member] | Trading deposits [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Price correlation	98.00%	97.00%
Quanto correlation	68.00%	68.00%
Dividend yield	11.00%	16.00%
Equity volatility	284.00%	96.00%
Top of range [member] | Option model [member] | Financial liabilities designated at fair value through profit or loss [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Funding ratio	70.00%	70.00%
Top of range [member] | Government and government-related securities [member] | Market comparable [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Bond price equivalent | Point	116	158
Top of range [member] | Other debt securities [member] | Market comparable [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Bond price equivalent | Point	111	113
Top of range [member] | Equity securities [member] | Market comparable [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
New issue price	100.00%	100.00%
Price equivalent	23.00%	80.00%
Top of range [member] | Equity securities [member] | Discounted cash flow [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Discount rate	9.00%	9.00%
Top of range [member] | Equity securities [member] | EBITDA Multiple [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Earnings multiple		3.5
Top of range [member] | Non trading financial assets at fair value through profit and loss [member] | Market comparable [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
New issue price	100.00%	100.00%
Top of range [member] | Non trading financial assets at fair value through profit and loss [member] | Discounted cash flow [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Discount rate	20.00%	20.00%
Top of range [member] | Non trading financial assets at fair value through profit and loss [member] | EBITDA Multiple [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Earnings multiple	16	6.7
Top of range [member] | Non trading financial assets at fair value through profit and loss [member] | Price-based [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Net Asset Value	n/a	n/a

Fair Value Measurements - Sum_2

Fair Value Measurements - Summary of Quantitative Information about Fair Value Measurements Using Significant Unobservable Inputs (Level 3 Instruments) (Parenthetical) (Detail) - CAD ($) $ in Billions	Oct. 31, 2020	Oct. 31, 2019
Other equity securities [member] | Federal Reserve stock and Federal Home Loan Bank stock [member]
Disclosure of significant unobservable inputs used in fair value measurement of assets and liabilities [line items]
Available-for-sale securities	$ 1.5	$ 1.5

Fair Value Measurements - Sch_3

Fair Value Measurements - Schedule of Sensitivity Analysis of Level 3 Financial Assets and Liabilities (Detail) - Level 3 of fair value hierarchy [member] - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilitie [line items]
Decrease in fair value	$ 205	$ 168
Increase in fair value	198	133
Non trading financial assets at fair value through profit and loss [member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilitie [line items]
Decrease in fair value	57	50
Increase in fair value	27	24
Non trading financial assets at fair value through profit and loss [member] | Securities [member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilitie [line items]
Decrease in fair value	57	49
Increase in fair value	27	23
Non trading financial assets at fair value through profit and loss [member] | Loans [member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilitie [line items]
Decrease in fair value		1
Increase in fair value		1
Derivatives [member] | Equity contracts [member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilitie [line items]
Decrease in fair value	18	14
Increase in fair value	27	17
Financial Assets Available-for-sale, Category [Member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilitie [line items]
Decrease in fair value	13	18
Increase in fair value	7	9
Financial Assets Available-for-sale, Category [Member] | Corporate and other debt [member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilitie [line items]
Decrease in fair value		2
Increase in fair value		2
Financial Assets Available-for-sale, Category [Member] | Equity securities [member] | Common shares [member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilitie [line items]
Decrease in fair value	6	6
Increase in fair value	3	3
Financial Assets Available-for-sale, Category [Member] | Equity securities [member] | Preferred shares [member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilitie [line items]
Decrease in fair value	7	10
Increase in fair value	4	4
Trading deposits [member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilitie [line items]
Decrease in fair value, liabilities	33	23
Increase in fair value, liabilities	72	32
Derivatives [member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilitie [line items]
Decrease in fair value, liabilities	83	61
Increase in fair value, liabilities	62	49
Derivatives [member] | Interest rate contracts [member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilitie [line items]
Decrease in fair value, liabilities	12	20
Increase in fair value, liabilities	10	14
Derivatives [member] | Equity contracts [member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilitie [line items]
Decrease in fair value, liabilities	71	41
Increase in fair value, liabilities	52	35
Financial liabilities designated at fair value through profit or loss [member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilitie [line items]
Decrease in fair value, liabilities	1	2
Increase in fair value, liabilities	$ 3	$ 2

Fair Value Measurements - Sum_3

Fair Value Measurements - Summary of Aggregate Difference between Transaction Price and Valuation Technique (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Disclosure of Fair Value Measurement Fair Value Transaction Recognized In Net Income [abstract]
Balance as at beginning of year	$ 15	$ 14
New transactions	87	38
Recognized in the Consolidated Statement of Income during the year	(66)	(37)
Balance as at end of year	$ 36	$ 15

Fair Value Measurements - Sch_4

Fair Value Measurements - Schedule Of Fair Value Hierarchy For Assets And Liabilities Not Carrried At Fair Value (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	$ 227,679	$ 130,497
Total assets	1,715,865	1,415,290	$ 1,334,903
LIABILITIES
Securitization liabilities at amortized cost	15,768	14,086
Subordinated notes and debentures	11,477	10,725
Total liabilities	1,620,366	1,327,589
Not measured at fair value in statement of financial position but for which fair value is disclosed [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	228,873	130,744
Total loans, net of allowance for loan losses	727,197	688,154
Total assets	956,070	818,898
LIABILITIES
Deposits	1,137,624	892,597
Securitization liabilities at amortized cost	16,143	14,258
Subordinated notes and debentures	12,374	11,323
Total liabilities	1,166,141	918,178
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Government and government-related securities [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	175,500	78,374
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Other debt securities [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	53,373	52,370
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Level 1 of fair value hierarchy [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	919	169
Total assets	919	169
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Level 1 of fair value hierarchy [member] | Government and government-related securities [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	919	169
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Level 2 of fair value hierarchy [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	227,942	130,563
Total loans, net of allowance for loan losses	236,287	221,405
Total assets	464,229	351,968
LIABILITIES
Deposits	1,137,624	892,597
Securitization liabilities at amortized cost	16,143	14,258
Subordinated notes and debentures	12,374	11,323
Total liabilities	1,166,141	918,178
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Level 2 of fair value hierarchy [member] | Government and government-related securities [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	174,571	78,195
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Level 2 of fair value hierarchy [member] | Other debt securities [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	53,371	52,368
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Level 3 of fair value hierarchy [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	12	12
Total loans, net of allowance for loan losses	490,910	466,749
Total assets	490,922	466,761
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Level 3 of fair value hierarchy [member] | Government and government-related securities [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	10	10
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Level 3 of fair value hierarchy [member] | Other debt securities [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	$ 2	$ 2

Offsetting Financial Assets a_3

Offsetting Financial Assets and Financial Liabilities - Summary of Offsetting Financial Assets and Financial Liabilities (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure Of Off Setting Of Financial Assets And Liabilities [line items]
Gross amounts of recognized financial instruments before balance sheet netting	$ 254,005	$ 236,027
Gross amounts of recognized financial instruments offset in the Consolidated Balance Sheet	30,601	21,198
Net amount of financial instruments presented in the Consolidated Balance Sheet	223,404	214,829
Amounts subject to an enforceable master netting agreement	73,305	47,094
Collateral	138,596	150,743
Net Amount	11,503	16,992
Gross amounts of recognized financial instruments before balance sheet netting	272,680	197,105
Gross amounts of recognized financial instruments offset in the Consolidated Balance Sheet	30,601	21,198
Net amount of financial instruments presented in the Consolidated Balance Sheet	242,079	175,907
Amounts subject to an enforceable master netting agreement	73,305	47,094
Collateral	166,880	128,382
Net Amount	1,894	431
Derivative Financial Assets [member]
Disclosure Of Off Setting Of Financial Assets And Liabilities [line items]
Gross amounts of recognized financial instruments before balance sheet netting	55,732	55,973
Gross amounts of recognized financial instruments offset in the Consolidated Balance Sheet	1,490	7,079
Net amount of financial instruments presented in the Consolidated Balance Sheet	54,242	48,894
Amounts subject to an enforceable master netting agreement	34,970	32,664
Collateral	8,914	8,840
Net Amount	10,358	7,390
Securities purchased under reverse repurchase agreements [member]
Disclosure Of Off Setting Of Financial Assets And Liabilities [line items]
Gross amounts of recognized financial instruments before balance sheet netting	198,273	180,054
Gross amounts of recognized financial instruments offset in the Consolidated Balance Sheet	29,111	14,119
Net amount of financial instruments presented in the Consolidated Balance Sheet	169,162	165,935
Amounts subject to an enforceable master netting agreement	38,335	14,430
Collateral	129,682	141,903
Net Amount	1,145	9,602
Derivative financial liabilities [member]
Disclosure Of Off Setting Of Financial Assets And Liabilities [line items]
Gross amounts of recognized financial instruments before balance sheet netting	54,693	57,130
Gross amounts of recognized financial instruments offset in the Consolidated Balance Sheet	1,490	7,079
Net amount of financial instruments presented in the Consolidated Balance Sheet	53,203	50,051
Amounts subject to an enforceable master netting agreement	34,970	32,664
Collateral	16,998	17,387
Net Amount	1,235
Obligations related to securities sold under repurchase agreements [member]
Disclosure Of Off Setting Of Financial Assets And Liabilities [line items]
Gross amounts of recognized financial instruments before balance sheet netting	217,987	139,975
Gross amounts of recognized financial instruments offset in the Consolidated Balance Sheet	29,111	14,119
Net amount of financial instruments presented in the Consolidated Balance Sheet	188,876	125,856
Amounts subject to an enforceable master netting agreement	38,335	14,430
Collateral	149,882	110,995
Net Amount	$ 659	$ 431

Securities - Summary of Securit

Securities - Summary of Securities Maturity Schedule (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	$ 459,930	$ 367,544
Trading securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	121,899	119,320
Trading securities [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	59,038	44,445
Trading securities [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	21,492	10,916
Trading securities [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	22,825	19,133
Trading securities [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,563	4,132
Trading securities [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	8,468	8,518
Trading securities [member] | Government and government-related securities [member] | Residential Mortgage Backed Securities 1 [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,527	1,603
Trading securities [member] | Government and government-related securities [member] | Commercial Mortgage Backed Securities 1 [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	163	143
Trading securities [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	18,968	18,680
Trading securities [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	5,615	5,132
Trading securities [member] | Other debt securities [member] | Other issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	13,353	13,548
Trading securities [member] | Equity securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	43,879	56,176
Trading securities [member] | Equity securities [member] | Common shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	43,842	56,119
Trading securities [member] | Equity securities [member] | Preferred shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	37	57
Trading securities [member] | Retained interests [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	14	19
Non trading financial assets at fair value through profit or loss [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,830	4,707
Non trading financial assets at fair value through profit or loss [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	388	319
Non trading financial assets at fair value through profit or loss [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities		32
Non trading financial assets at fair value through profit or loss [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	388	287
Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,114	4,081
Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,292	3,362
Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	652	587
Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Other issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	170	132
Non trading financial assets at fair value through profit or loss [member] | Equity securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	328	307
Non trading financial assets at fair value through profit or loss [member] | Equity securities [member] | Common shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	293	277
Non trading financial assets at fair value through profit or loss [member] | Equity securities [member] | Preferred shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	35	30
Financial assets designated at fair value through profit or loss (FVO securities) [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,739	4,040
Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,069	1,413
Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,129	164
Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	11	67
Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	384	794
Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	545	388
Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,670	2,627
Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,180	1,888
Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Other issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	490	739
Securities at fair value through other comprehensive income [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	100,783	108,980
Securities at fair value through other comprehensive income [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	78,283	83,171
Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	14,126	9,663
Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	33,034	40,737
Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	10,756	14,407
Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	16,502	12,927
Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Mortgage Backed Securiy [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,865	5,437
Securities at fair value through other comprehensive income [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	19,901	23,969
Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	10,006	15,888
Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Non Agency Collateralized Mortgage Obligation Portfolio [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities		247
Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Corporate and other debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	9,895	7,834
Securities at fair value through other comprehensive income [member] | Equity securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,599	1,840
Securities at fair value through other comprehensive income [member] | Equity securities [member] | Common shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,387	1,598
Securities at fair value through other comprehensive income [member] | Equity securities [member] | Preferred shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	212	242
Debt securities carried at amortized cost net of allowance for credit losses [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	227,679	130,497
Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	174,593	78,275
Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	17,981	4,771
Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	113,845	43,214
Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	37,140	28,019
Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	5,627	2,271
Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	53,086	52,222
Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	27,197	28,763
Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Non Agency Collateralized Mortgage Obligation Portfolio [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	16,992	16,236
Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	887	99
Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Other issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	8,010	$ 7,124
Within 1 year [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	109,996
Within 1 year [member] | Trading securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	28,313
Within 1 year [member] | Trading securities [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	23,744
Within 1 year [member] | Trading securities [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	16,124
Within 1 year [member] | Trading securities [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,615
Within 1 year [member] | Trading securities [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,085
Within 1 year [member] | Trading securities [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,621
Within 1 year [member] | Trading securities [member] | Government and government-related securities [member] | Residential Mortgage Backed Securities 1 [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	299
Within 1 year [member] | Trading securities [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,569
Within 1 year [member] | Trading securities [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	816
Within 1 year [member] | Trading securities [member] | Other debt securities [member] | Other issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,753
Within 1 year [member] | Non trading financial assets at fair value through profit or loss [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	112
Within 1 year [member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	112
Within 1 year [member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	112
Within 1 year [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,974
Within 1 year [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,600
Within 1 year [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,129
Within 1 year [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	146
Within 1 year [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	325
Within 1 year [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	374
Within 1 year [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	309
Within 1 year [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Other issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	65
Within 1 year [member] | Securities at fair value through other comprehensive income [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	22,310
Within 1 year [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	19,182
Within 1 year [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,144
Within 1 year [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	10,516
Within 1 year [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,988
Within 1 year [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,368
Within 1 year [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Mortgage Backed Securiy [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,166
Within 1 year [member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,128
Within 1 year [member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	954
Within 1 year [member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Corporate and other debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,174
Within 1 year [member] | Debt securities carried at amortized cost net of allowance for credit losses [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	57,287
Within 1 year [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	56,016
Within 1 year [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	11,046
Within 1 year [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	36,788
Within 1 year [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	8,105
Within 1 year [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	77
Within 1 year [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,271
Within 1 year [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	9
Within 1 year [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	203
Within 1 year [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Other issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,059
One to Three Year [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	85,932
One to Three Year [Member] | Trading securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	16,050
One to Three Year [Member] | Trading securities [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	9,730
One to Three Year [Member] | Trading securities [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,774
One to Three Year [Member] | Trading securities [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	5,466
One to Three Year [Member] | Trading securities [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	915
One to Three Year [Member] | Trading securities [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	984
One to Three Year [Member] | Trading securities [member] | Government and government-related securities [member] | Residential Mortgage Backed Securities 1 [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	575
One to Three Year [Member] | Trading securities [member] | Government and government-related securities [member] | Commercial Mortgage Backed Securities 1 [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	16
One to Three Year [Member] | Trading securities [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	6,317
One to Three Year [Member] | Trading securities [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,500
One to Three Year [Member] | Trading securities [member] | Other debt securities [member] | Other issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,817
One to Three Year [Member] | Trading securities [member] | Retained interests [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3
One to Three Year [Member] | Non trading financial assets at fair value through profit or loss [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,044
One to Three Year [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,044
One to Three Year [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,997
One to Three Year [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	47
One to Three Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,227
One to Three Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	218
One to Three Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	11
One to Three Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	137
One to Three Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	70
One to Three Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,009
One to Three Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	757
One to Three Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Other issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	252
One to Three Year [Member] | Securities at fair value through other comprehensive income [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	30,999
One to Three Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	25,451
One to Three Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,922
One to Three Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	11,497
One to Three Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	6,025
One to Three Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,308
One to Three Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Mortgage Backed Securiy [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,699
One to Three Year [Member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	5,548
One to Three Year [Member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,978
One to Three Year [Member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Corporate and other debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,570
One to Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	35,612
One to Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	25,919
One to Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,201
One to Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	7,987
One to Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	16,438
One to Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	293
One to Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	9,693
One to Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	5,856
One to Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	49
One to Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Other issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,788
Three to Five Year [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	70,704
Three to Five Year [Member] | Trading securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	12,112
Three to Five Year [Member] | Trading securities [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	7,857
Three to Five Year [Member] | Trading securities [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	431
Three to Five Year [Member] | Trading securities [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	5,235
Three to Five Year [Member] | Trading securities [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	554
Three to Five Year [Member] | Trading securities [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	904
Three to Five Year [Member] | Trading securities [member] | Government and government-related securities [member] | Residential Mortgage Backed Securities 1 [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	653
Three to Five Year [Member] | Trading securities [member] | Government and government-related securities [member] | Commercial Mortgage Backed Securities 1 [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	80
Three to Five Year [Member] | Trading securities [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,249
Three to Five Year [Member] | Trading securities [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,284
Three to Five Year [Member] | Trading securities [member] | Other debt securities [member] | Other issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,965
Three to Five Year [Member] | Trading securities [member] | Retained interests [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	6
Three to Five Year [Member] | Non trading financial assets at fair value through profit or loss [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	808
Three to Five Year [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	808
Three to Five Year [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	527
Three to Five Year [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	281
Three to Five Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	959
Three to Five Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	151
Three to Five Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	101
Three to Five Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	50
Three to Five Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	808
Three to Five Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	635
Three to Five Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Other issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	173
Three to Five Year [Member] | Securities at fair value through other comprehensive income [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	17,981
Three to Five Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	13,556
Three to Five Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	6,120
Three to Five Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,467
Three to Five Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	539
Three to Five Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,430
Three to Five Year [Member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,425
Three to Five Year [Member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,906
Three to Five Year [Member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Corporate and other debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,519
Three to Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	38,844
Three to Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	28,233
Three to Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,036
Three to Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	12,045
Three to Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	11,077
Three to Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,075
Three to Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	10,611
Three to Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	8,811
Three to Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	54
Three to Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Other issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,746
Five To Ten Years [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	58,556
Five To Ten Years [member] | Trading securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	8,447
Five To Ten Years [member] | Trading securities [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	5,560
Five To Ten Years [member] | Trading securities [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,335
Five To Ten Years [member] | Trading securities [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	781
Five To Ten Years [member] | Trading securities [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,460
Five To Ten Years [member] | Trading securities [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	917
Five To Ten Years [member] | Trading securities [member] | Government and government-related securities [member] | Commercial Mortgage Backed Securities 1 [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	67
Five To Ten Years [member] | Trading securities [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,882
Five To Ten Years [member] | Trading securities [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,310
Five To Ten Years [member] | Trading securities [member] | Other debt securities [member] | Other issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,572
Five To Ten Years [member] | Trading securities [member] | Retained interests [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	5
Five To Ten Years [member] | Non trading financial assets at fair value through profit or loss [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	598
Five To Ten Years [member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	598
Five To Ten Years [member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	598
Five To Ten Years [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	458
Five To Ten Years [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1
Five To Ten Years [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1
Five To Ten Years [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	457
Five To Ten Years [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	457
Five To Ten Years [member] | Securities at fair value through other comprehensive income [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	16,850
Five To Ten Years [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	13,589
Five To Ten Years [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,434
Five To Ten Years [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,031
Five To Ten Years [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	204
Five To Ten Years [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	7,920
Five To Ten Years [member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,261
Five To Ten Years [member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,649
Five To Ten Years [member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Corporate and other debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,612
Five To Ten Years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	32,203
Five To Ten Years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	28,033
Five To Ten Years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	643
Five To Ten Years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	23,086
Five To Ten Years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,520
Five To Ten Years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,784
Five To Ten Years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,170
Five To Ten Years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,102
Five To Ten Years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Non Agency Collateralized Mortgage Obligation Portfolio [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	80
Five To Ten Years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	573
Five To Ten Years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Other issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,415
Over 10 years [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	87,442
Over 10 years [member] | Trading securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	13,098
Over 10 years [member] | Trading securities [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	12,147
Over 10 years [member] | Trading securities [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	828
Over 10 years [member] | Trading securities [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	6,728
Over 10 years [member] | Trading securities [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	549
Over 10 years [member] | Trading securities [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,042
Over 10 years [member] | Trading securities [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	951
Over 10 years [member] | Trading securities [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	705
Over 10 years [member] | Trading securities [member] | Other debt securities [member] | Other issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	246
Over 10 years [member] | Non trading financial assets at fair value through profit or loss [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	446
Over 10 years [member] | Non trading financial assets at fair value through profit or loss [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	388
Over 10 years [member] | Non trading financial assets at fair value through profit or loss [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	388
Over 10 years [member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	58
Over 10 years [member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	58
Over 10 years [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	121
Over 10 years [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	99
Over 10 years [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	99
Over 10 years [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	22
Over 10 years [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	22
Over 10 years [member] | Securities at fair value through other comprehensive income [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	10,044
Over 10 years [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	6,505
Over 10 years [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	506
Over 10 years [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	5,523
Over 10 years [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	476
Over 10 years [member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,539
Over 10 years [member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,519
Over 10 years [member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Corporate and other debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	20
Over 10 years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	63,733
Over 10 years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	36,392
Over 10 years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,055
Over 10 years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	33,939
Over 10 years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	398
Over 10 years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	27,341
Over 10 years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	10,419
Over 10 years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Non Agency Collateralized Mortgage Obligation Portfolio [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	16,912
Over 10 years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	8
Over 10 years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Other issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2
With no Specific Maturity [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	47,300
With no Specific Maturity [Member] | Trading securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	43,879
With no Specific Maturity [Member] | Trading securities [member] | Equity securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	43,879
With no Specific Maturity [Member] | Trading securities [member] | Equity securities [member] | Common shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	43,842
With no Specific Maturity [Member] | Trading securities [member] | Equity securities [member] | Preferred shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	37
With no Specific Maturity [Member] | Non trading financial assets at fair value through profit or loss [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	822
With no Specific Maturity [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	494
With no Specific Maturity [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	324
With no Specific Maturity [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Other issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	170
With no Specific Maturity [Member] | Non trading financial assets at fair value through profit or loss [member] | Equity securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	328
With no Specific Maturity [Member] | Non trading financial assets at fair value through profit or loss [member] | Equity securities [member] | Common shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	293
With no Specific Maturity [Member] | Non trading financial assets at fair value through profit or loss [member] | Equity securities [member] | Preferred shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	35
With no Specific Maturity [Member] | Securities at fair value through other comprehensive income [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,599
With no Specific Maturity [Member] | Securities at fair value through other comprehensive income [member] | Equity securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,599
With no Specific Maturity [Member] | Securities at fair value through other comprehensive income [member] | Equity securities [member] | Common shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,387
With no Specific Maturity [Member] | Securities at fair value through other comprehensive income [member] | Equity securities [member] | Preferred shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	$ 212

Securities - Summary of Unreali

Securities - Summary of Unrealized Gains and Losses (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure Of Contractual Repricing And Maturity Schedule [line items]
Financial assets at fair value through other comprehensive income	$ 103,285	$ 111,104
Securities [member]
Disclosure Of Contractual Repricing And Maturity Schedule [line items]
Cost/amortized cost	100,607	108,862
Gross unrealized gains	714	368
Gross unrealized (losses)	(538)	(250)
Financial assets at fair value through other comprehensive income	100,783	108,980
Securities [member] | Government and government-related securities [member]
Disclosure Of Contractual Repricing And Maturity Schedule [line items]
Cost/amortized cost	77,759	82,997
Gross unrealized gains	583	277
Gross unrealized (losses)	(59)	(103)
Financial assets at fair value through other comprehensive income	78,283	83,171
Securities [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Disclosure Of Contractual Repricing And Maturity Schedule [line items]
Cost/amortized cost	13,967	9,603
Gross unrealized gains	160	62
Gross unrealized (losses)	(1)	(2)
Financial assets at fair value through other comprehensive income	14,126	9,663
Securities [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure Of Contractual Repricing And Maturity Schedule [line items]
Cost/amortized cost	16,342	12,890
Gross unrealized gains	181	77
Gross unrealized (losses)	(21)	(40)
Financial assets at fair value through other comprehensive income	16,502	12,927
Securities [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure Of Contractual Repricing And Maturity Schedule [line items]
Cost/amortized cost	32,875	40,703
Gross unrealized gains	192	86
Gross unrealized (losses)	(33)	(52)
Financial assets at fair value through other comprehensive income	33,034	40,737
Securities [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure Of Contractual Repricing And Maturity Schedule [line items]
Cost/amortized cost	10,720	14,394
Gross unrealized gains	39	21
Gross unrealized (losses)	(3)	(8)
Financial assets at fair value through other comprehensive income	10,756	14,407
Securities [member] | Government and government-related securities [member] | Mortgage- backed securities [member]
Disclosure Of Contractual Repricing And Maturity Schedule [line items]
Cost/amortized cost	3,855	5,407
Gross unrealized gains	11	31
Gross unrealized (losses)	(1)	(1)
Financial assets at fair value through other comprehensive income	3,865	5,437
Securities [member] | Other debt securities [member]
Disclosure Of Contractual Repricing And Maturity Schedule [line items]
Cost/amortized cost	19,904	23,969
Gross unrealized gains	105	56
Gross unrealized (losses)	(108)	(56)
Financial assets at fair value through other comprehensive income	19,901	23,969
Securities [member] | Other debt securities [member] | Asset-backed financings [member]
Disclosure Of Contractual Repricing And Maturity Schedule [line items]
Cost/amortized cost	10,051	15,890
Gross unrealized gains	26	29
Gross unrealized (losses)	(71)	(31)
Financial assets at fair value through other comprehensive income	10,006	15,888
Securities [member] | Other debt securities [member] | Non Agency Collateralized Mortgage Obligation Portfolio [member]
Disclosure Of Contractual Repricing And Maturity Schedule [line items]
Cost/amortized cost		247
Financial assets at fair value through other comprehensive income		247
Securities [member] | Other debt securities [member] | Corporate and other debt [member]
Disclosure Of Contractual Repricing And Maturity Schedule [line items]
Cost/amortized cost	9,853	7,832
Gross unrealized gains	79	27
Gross unrealized (losses)	(37)	(25)
Financial assets at fair value through other comprehensive income	9,895	7,834
Securities [member] | Debt securities [member]
Disclosure Of Contractual Repricing And Maturity Schedule [line items]
Cost/amortized cost	97,663	106,966
Gross unrealized gains	688	333
Gross unrealized (losses)	(167)	(159)
Financial assets at fair value through other comprehensive income	98,184	107,140
Securities [member] | Equity securities [member]
Disclosure Of Contractual Repricing And Maturity Schedule [line items]
Cost/amortized cost	2,944	1,896
Gross unrealized gains	26	35
Gross unrealized (losses)	(371)	(91)
Financial assets at fair value through other comprehensive income	2,599	1,840
Securities [member] | Equity securities [member] | Common shares [member]
Disclosure Of Contractual Repricing And Maturity Schedule [line items]
Cost/amortized cost	2,641	1,594
Gross unrealized gains	26	31
Gross unrealized (losses)	(280)	(27)
Financial assets at fair value through other comprehensive income	2,387	1,598
Securities [member] | Equity securities [member] | Preferred shares [member]
Disclosure Of Contractual Repricing And Maturity Schedule [line items]
Cost/amortized cost	303	302
Gross unrealized gains		4
Gross unrealized (losses)	(91)	(64)
Financial assets at fair value through other comprehensive income	$ 212	$ 242

Securities - Summary of Equity

Securities - Summary of Equity Securities Designated at Fair Value Through Other Comprehensive Income (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Disclosure of fair value of investments in equity instruments designated at fair value through other comprehensive income [line items]
Fair value	$ 2,599	$ 1,840
Dividend Income recognized	107	79
Common shares [member]
Disclosure of fair value of investments in equity instruments designated at fair value through other comprehensive income [line items]
Fair value	2,387	1,598
Dividend Income recognized	93	64
Preferred shares [member]
Disclosure of fair value of investments in equity instruments designated at fair value through other comprehensive income [line items]
Fair value	212	242
Dividend Income recognized	$ 14	$ 15

Securities - Additional Informa

Securities - Additional Information (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Disclosure of detailed information about financial instruments [line items]
Dividend Income recognized	$ 107	$ 79
Allowance for credit losses on debt securities	8,290	4,447
Provision (recovery) of credit losses	(7,242)	(3,029)	$ (2,480)
Debt securities [member]
Disclosure of detailed information about financial instruments [line items]
Allowance for credit losses on debt securities	7	4
Debt securities at amortized cost [member]
Disclosure of detailed information about financial instruments [line items]
Allowance for credit losses on debt securities	2	1
Provision (recovery) of credit losses	1	1
Debt securities FVOCI [member]
Disclosure of detailed information about financial instruments [line items]
Allowance for credit losses on debt securities	5	3
Provision (recovery) of credit losses	2	(2)
Securities disposed [member] | Securities [member]
Disclosure of detailed information about financial instruments [line items]
Disposal of equity securities	40	323
Gain (loss) on sale of equity securities measured at fair value	$ (18)	68
Dividend Income recognized		$ 3

Securities - Summary of Secur_2

Securities - Summary of Securities Net Realized Gains (Losses) (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Disclosure of financial assets [line items]
Net realized gains (losses)	$ 40	$ 78	$ 111
Debt securities [member] | Financial assets amortized cost [member]
Disclosure of financial assets [line items]
Net realized gains (losses)	13	49
Debt securities [member] | Financial assets at fair value through other comprehensive income, category [member]
Disclosure of financial assets [line items]
Net realized gains (losses)	$ 27	$ 29

Securities - Summary of Debt Se

Securities - Summary of Debt Securities by Risk Rating (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of financial assets [line items]
Debt securities	$ 325,865	$ 237,638
Allowance for credit losses on debt securities at amortized cost	2	1
Debt securities, net of allowance	325,863	237,637
Investment grade [member]
Disclosure of financial assets [line items]
Debt securities	322,842	235,475
Non investment grade [member]
Disclosure of financial assets [line items]
Debt securities	3,006	2,163
Watch and classified [member]
Disclosure of financial assets [line items]
Debt securities	17
Stage 1 [member]
Disclosure of financial assets [line items]
Debt securities	325,604	237,584
Allowance for credit losses on debt securities at amortized cost	2	1
Debt securities, net of allowance	325,602	237,583
Stage 1 [member] | Investment grade [member]
Disclosure of financial assets [line items]
Debt securities	322,842	235,475
Stage 1 [member] | Non investment grade [member]
Disclosure of financial assets [line items]
Debt securities	2,762	2,109
Stage 2 [member]
Disclosure of financial assets [line items]
Debt securities	261	54
Debt securities, net of allowance	261	54
Stage 2 [member] | Non investment grade [member]
Disclosure of financial assets [line items]
Debt securities	244	$ 54
Stage 2 [member] | Watch and classified [member]
Disclosure of financial assets [line items]
Debt securities	$ 17

Loans, Impaired Loans, and Al_3

Loans, Impaired Loans, and Allowance For Credit Losses - Summary of Gross Carrying Amounts of Loans and Credit Risk Exposures on Loan Commitments and Financial Guarantee Contracts by Internal Risk Ratings (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of detailed information about financial instruments [line items]
Total loans	$ 743,255	$ 704,673
Allowance for loan losses	8,290	4,447
Loans and acceptances, net of allowance	734,965	700,226
Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	252,219	235,640
Allowance for loan losses	302	110
Loans and acceptances, net of allowance	251,917	235,530
Residential mortgages [member] | Low risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	172,835	181,825
Residential mortgages [member] | Normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	66,601	44,236
Residential mortgages [member] | Medium risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	7,690	6,250
Residential mortgages [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	4,563	2,784
Residential mortgages [member] | Default [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	530	545
Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	185,460	180,334
Allowance for loan losses	2,019	1,249
Loans and acceptances, net of allowance	183,441	179,085
Consumer instalment and other personal [member] | Low risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	78,377	93,554
Consumer instalment and other personal [member] | Normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	60,709	47,851
Consumer instalment and other personal [member] | Medium risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	31,725	28,455
Consumer instalment and other personal [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	14,278	10,024
Consumer instalment and other personal [member] | Default [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	371	450
Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	32,334	36,564
Allowance for loan losses	2,554	1,575
Loans and acceptances, net of allowance	29,780	34,989
Credit card [member] | Low risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	3,965	7,236
Credit card [member] | Normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	7,156	10,889
Credit card [member] | Medium risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	11,235	11,493
Credit card [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	9,879	6,823
Credit card [member] | Default [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	99	123
Business and government [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	273,242	252,135
Allowance for loan losses	3,415	1,513
Loans and acceptances, net of allowance	269,827	250,622
Business and government [member] | Default [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	982	730
Business and government [member] | Investment grade or low/normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	120,356	111,844
Business and government [member] | Non investment grade or medium risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	138,327	133,803
Business and government [member] | Watch and classified or high risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	13,577	5,758
Off-balance sheet credit risks [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	603,775	562,344
Allowance for off-balance sheet credit instruments	1,087	585
Total off-balance sheet credit instruments, net of allowance	602,688	561,759
Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	667,066	681,531
Allowance for loan losses	2,544	2,122
Loans and acceptances, net of allowance	664,522	679,409
Stage 1 [member] | Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	226,373	232,517
Allowance for loan losses	32	28
Loans and acceptances, net of allowance	226,341	232,489
Stage 1 [member] | Residential mortgages [member] | Low risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	169,710	181,748
Stage 1 [member] | Residential mortgages [member] | Normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	56,663	43,988
Stage 1 [member] | Residential mortgages [member] | Medium risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans		5,817
Stage 1 [member] | Residential mortgages [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans		964
Stage 1 [member] | Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	168,321	174,026
Allowance for loan losses	567	690
Loans and acceptances, net of allowance	167,754	173,336
Stage 1 [member] | Consumer instalment and other personal [member] | Low risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	77,178	92,601
Stage 1 [member] | Consumer instalment and other personal [member] | Normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	59,349	46,878
Stage 1 [member] | Consumer instalment and other personal [member] | Medium risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	28,094	27,576
Stage 1 [member] | Consumer instalment and other personal [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	3,700	6,971
Stage 1 [member] | Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	24,867	34,011
Allowance for loan losses	624	732
Loans and acceptances, net of allowance	24,243	33,279
Stage 1 [member] | Credit card [member] | Low risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	3,916	7,188
Stage 1 [member] | Credit card [member] | Normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	7,027	10,807
Stage 1 [member] | Credit card [member] | Medium risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	10,431	11,218
Stage 1 [member] | Credit card [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	3,493	4,798
Stage 1 [member] | Business and government [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	247,505	240,977
Allowance for loan losses	1,321	672
Loans and acceptances, net of allowance	246,184	240,305
Stage 1 [member] | Business and government [member] | Investment grade or low/normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	120,106	111,763
Stage 1 [member] | Business and government [member] | Non investment grade or medium risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	126,509	128,263
Stage 1 [member] | Business and government [member] | Watch and classified or high risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	890	951
Stage 1 [member] | Off-balance sheet credit risks [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	586,345	554,280
Allowance for off-balance sheet credit instruments	381	293
Total off-balance sheet credit instruments, net of allowance	585,964	553,987
Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	72,800	19,797
Allowance for loan losses	4,902	1,579
Loans and acceptances, net of allowance	67,898	18,218
Stage 2 [member] | Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	24,873	2,212
Allowance for loan losses	205	26
Loans and acceptances, net of allowance	24,668	2,186
Stage 2 [member] | Residential mortgages [member] | Low risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	3,125	77
Stage 2 [member] | Residential mortgages [member] | Normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	9,938	248
Stage 2 [member] | Residential mortgages [member] | Medium risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	7,690	433
Stage 2 [member] | Residential mortgages [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	4,120	1,454
Stage 2 [member] | Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	16,130	5,240
Allowance for loan losses	1,265	384
Loans and acceptances, net of allowance	14,865	4,856
Stage 2 [member] | Consumer instalment and other personal [member] | Low risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	1,199	953
Stage 2 [member] | Consumer instalment and other personal [member] | Normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	1,360	973
Stage 2 [member] | Consumer instalment and other personal [member] | Medium risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	3,631	879
Stage 2 [member] | Consumer instalment and other personal [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	9,940	2,435
Stage 2 [member] | Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	7,162	2,075
Allowance for loan losses	1,726	521
Loans and acceptances, net of allowance	5,436	1,554
Stage 2 [member] | Credit card [member] | Low risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	49	48
Stage 2 [member] | Credit card [member] | Normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	129	82
Stage 2 [member] | Credit card [member] | Medium risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	804	275
Stage 2 [member] | Credit card [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	6,180	1,670
Stage 2 [member] | Business and government [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	24,635	10,270
Allowance for loan losses	1,706	648
Loans and acceptances, net of allowance	22,929	9,622
Stage 2 [member] | Business and government [member] | Investment grade or low/normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	250	81
Stage 2 [member] | Business and government [member] | Non investment grade or medium risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	11,818	5,540
Stage 2 [member] | Business and government [member] | Watch and classified or high risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	12,567	4,649
Stage 2 [member] | Off-balance sheet credit risks [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	17,286	7,956
Allowance for off-balance sheet credit instruments	672	277
Total off-balance sheet credit instruments, net of allowance	16,614	7,679
Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	3,389	3,345
Allowance for loan losses	844	746
Loans and acceptances, net of allowance	2,545	2,599
Stage 3 [member] | Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	973	911
Allowance for loan losses	65	56
Loans and acceptances, net of allowance	908	855
Stage 3 [member] | Residential mortgages [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	443	366
Stage 3 [member] | Residential mortgages [member] | Default [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	530	545
Stage 3 [member] | Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	1,009	1,068
Allowance for loan losses	187	175
Loans and acceptances, net of allowance	822	893
Stage 3 [member] | Consumer instalment and other personal [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	638	618
Stage 3 [member] | Consumer instalment and other personal [member] | Default [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	371	450
Stage 3 [member] | Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	305	478
Allowance for loan losses	204	322
Loans and acceptances, net of allowance	101	156
Stage 3 [member] | Credit card [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	206	355
Stage 3 [member] | Credit card [member] | Default [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	99	123
Stage 3 [member] | Business and government [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	1,102	888
Allowance for loan losses	388	193
Loans and acceptances, net of allowance	714	695
Stage 3 [member] | Business and government [member] | Default [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	982	730
Stage 3 [member] | Business and government [member] | Watch and classified or high risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	120	158
Stage 3 [member] | Off-balance sheet credit risks [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	144	108
Allowance for off-balance sheet credit instruments	34	15
Total off-balance sheet credit instruments, net of allowance	110	93
Retail exposures [member] | Off-balance sheet credit risks [member] | Low risk [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	200,950	228,489
Retail exposures [member] | Off-balance sheet credit risks [member] | Normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	79,572	67,815
Retail exposures [member] | Off-balance sheet credit risks [member] | Medium risk [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	36,631	13,481
Retail exposures [member] | Off-balance sheet credit risks [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	5,029	2,723
Retail exposures [member] | Stage 1 [member] | Off-balance sheet credit risks [member] | Low risk [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	200,226	227,757
Retail exposures [member] | Stage 1 [member] | Off-balance sheet credit risks [member] | Normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	78,448	67,245
Retail exposures [member] | Stage 1 [member] | Off-balance sheet credit risks [member] | Medium risk [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	35,187	13,204
Retail exposures [member] | Stage 1 [member] | Off-balance sheet credit risks [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	2,004	1,869
Retail exposures [member] | Stage 2 [member] | Off-balance sheet credit risks [member] | Low risk [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	724	732
Retail exposures [member] | Stage 2 [member] | Off-balance sheet credit risks [member] | Normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	1,124	570
Retail exposures [member] | Stage 2 [member] | Off-balance sheet credit risks [member] | Medium risk [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	1,444	277
Retail exposures [member] | Stage 2 [member] | Off-balance sheet credit risks [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	3,025	854
Non retail exposures [member] | Off-balance sheet credit risks [member] | Default [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	144	108
Non retail exposures [member] | Off-balance sheet credit risks [member] | Investment grade [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	194,182	179,650
Non retail exposures [member] | Off-balance sheet credit risks [member] | Non investment grade [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	82,833	67,950
Non retail exposures [member] | Off-balance sheet credit risks [member] | Watch and classified [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	4,434	2,128
Non retail exposures [member] | Stage 1 [member] | Off-balance sheet credit risks [member] | Investment grade [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	194,182	179,650
Non retail exposures [member] | Stage 1 [member] | Off-balance sheet credit risks [member] | Non investment grade [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	76,280	64,553
Non retail exposures [member] | Stage 1 [member] | Off-balance sheet credit risks [member] | Watch and classified [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	18	2
Non retail exposures [member] | Stage 2 [member] | Off-balance sheet credit risks [member] | Non investment grade [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	6,553	3,397
Non retail exposures [member] | Stage 2 [member] | Off-balance sheet credit risks [member] | Watch and classified [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	4,416	2,126
Non retail exposures [member] | Stage 3 [member] | Off-balance sheet credit risks [member] | Default [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	$ 144	$ 108

Loans, Impaired Loans, and Al_4

Loans, Impaired Loans, and Allowance For Credit Losses - Summary of Gross Carrying Amounts of Loans and Credit Risk Exposures on Loan Commitments and Financial Guarantee Contracts by Internal Risk Ratings (Parenthetical) (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of detailed information about financial instruments [line items]
Total loans	$ 743,255	$ 704,673
Financial assets at fair value through other comprehensive income	103,285	111,104
Customers' liability under acceptances	14,941	13,494
Allowance for loan losses	8,289	4,447
Acquired credit-impaired loans [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	232	313
Allowance for loan losses	10	12
Business and government and Residential Mortgage [member]
Disclosure of detailed information about financial instruments [line items]
Trading loans at fair value	13,000	12,000
Non-trading loans at fair value	4,000	2,000
Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	185,460	180,334
Business and government [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	273,242	252,135
Business and government [member] | Non investment grade or lower risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	27,000	26,000
Business and government and Residential Mortgage [member] | Insured [member] | Mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	86,000	88,000
Loans [member]
Disclosure of detailed information about financial instruments [line items]
Financial assets at fair value through other comprehensive income	3,000	2,000
Customers' liability under acceptances	15,000	13,000
Off-balance sheet credit risks [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	603,775	562,344
Off-balance sheet credit risks [member] | Retail exposures [member] | Personal lines of credit and credit card lines cancellable and bank's discretion [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	321,000	311,000
Undrawn component of uncommitted credit and liquidity commitments [member] | Off-balance sheet credit risks [member] | Non retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	43,000	41,000
Canadian Government Insured [member] | Consumer instalment and other personal [member] | Real estate secured personal lending [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	12,000	13,000
Impaired loans [member] | Business and government and Residential Mortgage [member] | With no allowance for loan losses [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	$ 111	$ 127

Loans, Impaired Loans, and Al_5

Loans, Impaired Loans, and Allowance for Credit Losses - Summary of Impaired Loans (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of detailed information about financial instruments [line items]
Unpaid principal balance	$ 3,392	$ 3,295
Carrying value	3,157	3,032
Related allowance for credit losses	834	734
Average gross impaired loans	3,431	3,229
Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Unpaid principal balance	885	788
Carrying value	825	724
Related allowance for credit losses	67	53
Average gross impaired loans	781	698
Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Unpaid principal balance	1,068	1,159
Carrying value	988	1,037
Related allowance for credit losses	186	173
Average gross impaired loans	1,067	1,160
Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Unpaid principal balance	305	478
Carrying value	305	478
Related allowance for credit losses	204	322
Average gross impaired loans	446	465
Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Unpaid principal balance	1,134	870
Carrying value	1,039	793
Related allowance for credit losses	377	186
Average gross impaired loans	$ 1,137	$ 906

Loans, Impaired Loans, and Al_6

Loans, Impaired Loans, and Allowance for Credit Losses - Summary of Allowances for Loan Losses (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Disclosure of detailed information about financial instruments [line items]
Balance at beginning of period	$ 4,447
Balance at end of period	8,290	$ 4,447
Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Balance at beginning of period	110	110
Net remeasurement due to transfers	9	(10)
New originations or purchases	15	14
Net repayments	(1)	(1)
Derecognition of financial assets (excluding disposals and write-offs)	(37)	(26)
Changes to risk, parameters, and models	228	51
Write-offs	(26)	(31)
Recoveries	1	1
Foreign exchange and other adjustments	3	2
Balance at end of period	302	110
Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, as beginning of period	1,309	1,171
Balance at beginning of period	1,249
Net remeasurement due to transfers	268	22
New originations or purchases	327	326
Net repayments	(165)	(130)
Derecognition of financial assets (excluding disposals and write-offs)	(199)	(201)
Changes to risk, parameters, and models	1,567	1,086
Write-offs	(1,261)	(1,220)
Recoveries	278	254
Foreign exchange and other adjustments	(12)	1
Balance, including off-balance sheet instruments, at end of period	2,112	1,309
Less: Allowance for off-balance sheet instruments	93	60
Balance at end of period	2,019	1,249
Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, as beginning of period	1,929	1,740
Balance at beginning of period	1,575
Net remeasurement due to transfers	496	115
New originations or purchases	174	144
Net repayments	(7)	73
Derecognition of financial assets (excluding disposals and write-offs)	(697)	(642)
Changes to risk, parameters, and models	2,725	1,901
Write-offs	(1,720)	(1,699)
Recoveries	306	297
Foreign exchange and other adjustments	(22)
Balance, including off-balance sheet instruments, at end of period	3,184	1,929
Less: Allowance for off-balance sheet instruments	630	354
Balance at end of period	2,554	1,575
Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, as beginning of period	1,684	1,557
Balance at beginning of period	1,513
Net remeasurement due to transfers	158	28
New originations or purchases	871	451
Net repayments	(174)	(86)
Derecognition of financial assets (excluding disposals and write-offs)	(1,204)	(807)
Changes to risk, parameters, and models	2,888	722
Disposals	(22)	(3)
Write-offs	(430)	(228)
Recoveries	52	57
Foreign exchange and other adjustments	(44)	(7)
Balance, including off-balance sheet instruments, at end of period	3,779	1,684
Less: Allowance for off-balance sheet instruments	364	171
Balance at end of period	3,415	1,513
Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Balance at beginning of period	2,122
Balance at end of period	2,544	2,122
Stage 1 [member] | Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Balance at beginning of period	28	24
Net remeasurement due to transfers	(20)	(16)
New originations or purchases	15	14
Derecognition of financial assets (excluding disposals and write-offs)	(4)	(4)
Changes to risk, parameters, and models	(21)	(18)
Recoveries	1
Balance at end of period	32	28
Stage 1 [member] | Residential mortgages [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	66	35
Stage 1 [member] | Residential mortgages [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(33)	(5)
Stage 1 [member] | Residential mortgages [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage		(2)
Stage 1 [member] | Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, as beginning of period	717	599
Balance at beginning of period	690
Net remeasurement due to transfers	(216)	(149)
New originations or purchases	327	326
Net repayments	(92)	(88)
Derecognition of financial assets (excluding disposals and write-offs)	(95)	(81)
Changes to risk, parameters, and models	(83)	(105)
Foreign exchange and other adjustments	(4)	(1)
Balance, including off-balance sheet instruments, at end of period	595	717
Less: Allowance for off-balance sheet instruments	28	27
Balance at end of period	567	690
Stage 1 [member] | Consumer instalment and other personal [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	490	352
Stage 1 [member] | Consumer instalment and other personal [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(438)	(121)
Stage 1 [member] | Consumer instalment and other personal [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(11)	(15)
Stage 1 [member] | Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, as beginning of period	934	819
Balance at beginning of period	732
Net remeasurement due to transfers	(356)	(240)
New originations or purchases	174	144
Net repayments	(35)	92
Derecognition of financial assets (excluding disposals and write-offs)	(145)	(96)
Changes to risk, parameters, and models	(152)	(236)
Foreign exchange and other adjustments	(4)
Balance, including off-balance sheet instruments, at end of period	799	934
Less: Allowance for off-balance sheet instruments	175	202
Balance at end of period	624	732
Stage 1 [member] | Credit card [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	1,000	705
Stage 1 [member] | Credit card [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(598)	(224)
Stage 1 [member] | Credit card [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(19)	(30)
Stage 1 [member] | Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, as beginning of period	736	736
Balance at beginning of period	672
Net remeasurement due to transfers	(94)	(89)
New originations or purchases	871	451
Net repayments	(52)	(9)
Derecognition of financial assets (excluding disposals and write-offs)	(459)	(340)
Changes to risk, parameters, and models	727	(83)
Foreign exchange and other adjustments	(12)	1
Balance, including off-balance sheet instruments, at end of period	1,499	736
Less: Allowance for off-balance sheet instruments	178	64
Balance at end of period	1,321	672
Stage 1 [member] | Businesses and government [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	255	214
Stage 1 [member] | Businesses and government [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(459)	(127)
Stage 1 [member] | Businesses and government [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(14)	(18)
Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Balance at beginning of period	1,579
Balance at end of period	4,902	1,579
Stage 2 [member] | Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Balance at beginning of period	26	34
Net remeasurement due to transfers	29	6
Net repayments	(1)	(1)
Derecognition of financial assets (excluding disposals and write-offs)	(11)	(5)
Changes to risk, parameters, and models	196	20
Recoveries	(1)
Balance at end of period	205	26
Stage 2 [member] | Residential mortgages [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(65)	(33)
Stage 2 [member] | Residential mortgages [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	46	13
Stage 2 [member] | Residential mortgages [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(14)	(8)
Stage 2 [member] | Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, as beginning of period	417	392
Balance at beginning of period	384
Net remeasurement due to transfers	473	160
Net repayments	(62)	(30)
Derecognition of financial assets (excluding disposals and write-offs)	(73)	(71)
Changes to risk, parameters, and models	698	298
Foreign exchange and other adjustments	(7)	1
Balance, including off-balance sheet instruments, at end of period	1,330	417
Less: Allowance for off-balance sheet instruments	65	33
Balance at end of period	1,265	384
Stage 2 [member] | Consumer instalment and other personal [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(473)	(333)
Stage 2 [member] | Consumer instalment and other personal [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	504	164
Stage 2 [member] | Consumer instalment and other personal [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(147)	(164)
Stage 2 [member] | Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, as beginning of period	673	580
Balance at beginning of period	521
Net remeasurement due to transfers	830	314
Net repayments	(7)	3
Derecognition of financial assets (excluding disposals and write-offs)	(174)	(107)
Changes to risk, parameters, and models	1,814	781
Foreign exchange and other adjustments	(20)
Balance, including off-balance sheet instruments, at end of period	2,181	673
Less: Allowance for off-balance sheet instruments	455	152
Balance at end of period	1,726	521
Stage 2 [member] | Credit card [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(970)	(623)
Stage 2 [member] | Credit card [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	673	288
Stage 2 [member] | Credit card [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(638)	(563)
Stage 2 [member] | Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, as beginning of period	740	688
Balance at beginning of period	648
Net remeasurement due to transfers	256	115
Net repayments	(68)	(35)
Derecognition of financial assets (excluding disposals and write-offs)	(503)	(382)
Changes to risk, parameters, and models	1,334	564
Disposals		(3)
Foreign exchange and other adjustments	(4)	1
Balance, including off-balance sheet instruments, at end of period	1,858	740
Less: Allowance for off-balance sheet instruments	152	92
Balance at end of period	1,706	648
Stage 2 [member] | Businesses and government [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(248)	(210)
Stage 2 [member] | Businesses and government [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	482	138
Stage 2 [member] | Businesses and government [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(131)	(136)
Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Balance at beginning of period	746
Balance at end of period	844	746
Stage 3 [member] | Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Balance at beginning of period	56	52
Derecognition of financial assets (excluding disposals and write-offs)	(22)	(17)
Changes to risk, parameters, and models	53	49
Write-offs	(26)	(31)
Recoveries	1	1
Foreign exchange and other adjustments	3	2
Balance at end of period	65	56
Stage 3 [member] | Residential mortgages [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(1)	(2)
Stage 3 [member] | Residential mortgages [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(13)	(8)
Stage 3 [member] | Residential mortgages [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	14	10
Stage 3 [member] | Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, as beginning of period	175	180
Balance at beginning of period	175
Net remeasurement due to transfers	11	11
Net repayments	(11)	(12)
Derecognition of financial assets (excluding disposals and write-offs)	(31)	(49)
Changes to risk, parameters, and models	952	893
Write-offs	(1,261)	(1,220)
Recoveries	278	254
Foreign exchange and other adjustments	(1)	1
Balance, including off-balance sheet instruments, at end of period	187	175
Balance at end of period	187	175
Stage 3 [member] | Consumer instalment and other personal [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(17)	(19)
Stage 3 [member] | Consumer instalment and other personal [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(66)	(43)
Stage 3 [member] | Consumer instalment and other personal [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	158	179
Stage 3 [member] | Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, as beginning of period	322	341
Balance at beginning of period	322
Net remeasurement due to transfers	22	41
Net repayments	35	(22)
Derecognition of financial assets (excluding disposals and write-offs)	(378)	(439)
Changes to risk, parameters, and models	1,063	1,356
Write-offs	(1,720)	(1,699)
Recoveries	306	297
Foreign exchange and other adjustments	2
Balance, including off-balance sheet instruments, at end of period	204	322
Balance at end of period	204	322
Stage 3 [member] | Credit card [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(30)	(82)
Stage 3 [member] | Credit card [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(75)	(64)
Stage 3 [member] | Credit card [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	657	593
Stage 3 [member] | Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, as beginning of period	208	133
Balance at beginning of period	193
Net remeasurement due to transfers	(4)	2
Net repayments	(54)	(42)
Derecognition of financial assets (excluding disposals and write-offs)	(242)	(85)
Changes to risk, parameters, and models	827	241
Disposals	(22)
Write-offs	(430)	(228)
Recoveries	52	57
Foreign exchange and other adjustments	(28)	(9)
Balance, including off-balance sheet instruments, at end of period	422	208
Less: Allowance for off-balance sheet instruments	34	15
Balance at end of period	388	193
Stage 3 [member] | Businesses and government [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(7)	(4)
Stage 3 [member] | Businesses and government [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(23)	(11)
Stage 3 [member] | Businesses and government [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	$ 145	$ 154

Loans, Impaired Loans, and Al_7

Loans, Impaired Loans, and Allowance for Credit Losses - Summary of Macroeconomic Variables Impacted in Determining ECLs (Detail)	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Base Forecasts [member] | Q4 2020 [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)	0.77
Base Forecasts [member] | Q1 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)	0.78
Base Forecasts [member] | Q2 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)	0.78
Base Forecasts [member] | Q3 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)	0.78
Base Forecasts [member] | Average Q4 2020 - Q4 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)	0.78
Base Forecasts [member] | Remaining 4 year period [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)	0.77
Base Forecasts [member] | 12-month ECL [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)		0.76
Base Forecasts [member] | Remaining 4-year forecast period [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)		0.77
Base Forecasts [member] | Canada [member] | Q4 2020 [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	9.30%
Real GDP	2.10%
Home prices	0.10%
Central bank policy interest rate	0.25%
Base Forecasts [member] | Canada [member] | Q1 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	8.80%
Real GDP	2.60%
Home prices	(19.30%)
Central bank policy interest rate	0.25%
Base Forecasts [member] | Canada [member] | Q2 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	8.00%
Real GDP	2.90%
Home prices	(9.40%)
Central bank policy interest rate	0.25%
Base Forecasts [member] | Canada [member] | Q3 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	7.50%
Real GDP	4.00%
Home prices	0.70%
Central bank policy interest rate	0.25%
Base Forecasts [member] | Canada [member] | Average Q4 2020 - Q4 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	8.40%
Real GDP	2.40%
Home prices	6.00%
Central bank policy interest rate	0.25%
Base Forecasts [member] | Canada [member] | Remaining 4 year period [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	6.10%
Real GDP	2.20%
Home prices	1.10%
Central bank policy interest rate	0.50%
Base Forecasts [member] | Canada [member] | 12-month ECL [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate		5.80%
Real GDP		1.60%
Home prices		7.10%
Central bank policy interest rate		1.31%
Base Forecasts [member] | Canada [member] | Remaining 4-year forecast period [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate		5.80%
Real GDP		1.80%
Home prices		2.70%
Central bank policy interest rate		1.53%
Base Forecasts [member] | United States [member] | Q4 2020 [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	8.30%
Real GDP	2.80%
Home prices	1.00%
Central bank policy interest rate	0.25%
U.S. 10-year treasury yield	0.75%
U.S. 10-year BBB spread	1.90%
Base Forecasts [member] | United States [member] | Q1 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	7.90%
Real GDP	2.90%
Home prices	0.50%
Central bank policy interest rate	0.25%
U.S. 10-year treasury yield	0.88%
U.S. 10-year BBB spread	1.88%
Base Forecasts [member] | United States [member] | Q2 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	7.70%
Real GDP	2.70%
Central bank policy interest rate	0.25%
U.S. 10-year treasury yield	1.03%
U.S. 10-year BBB spread	1.85%
Base Forecasts [member] | United States [member] | Q3 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	7.20%
Real GDP	4.30%
Home prices	0.50%
Central bank policy interest rate	0.25%
U.S. 10-year treasury yield	1.18%
U.S. 10-year BBB spread	1.83%
Base Forecasts [member] | United States [member] | Average Q4 2020 - Q4 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	7.80%
Real GDP	1.80%
Home prices	2.90%
Central bank policy interest rate	0.25%
U.S. 10-year treasury yield	0.96%
U.S. 10-year BBB spread	1.87%
Base Forecasts [member] | United States [member] | Remaining 4 year period [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	4.80%
Real GDP	2.40%
Home prices	2.90%
Central bank policy interest rate	0.50%
U.S. 10-year treasury yield	1.82%
U.S. 10-year BBB spread	1.80%
Base Forecasts [member] | United States [member] | 12-month ECL [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate		3.80%
Real GDP		1.90%
Home prices		3.60%
Central bank policy interest rate		1.75%
U.S. 10-year treasury yield		1.76%
U.S. 10-year BBB spread		1.80%
Base Forecasts [member] | United States [member] | Remaining 4-year forecast period [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate		4.10%
Real GDP		1.80%
Home prices		3.60%
Central bank policy interest rate		2.20%
U.S. 10-year treasury yield		2.50%
U.S. 10-year BBB spread		1.80%
Upside scenario [member] | Average Q4 2020 - Q4 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)	0.78
Upside scenario [member] | Remaining 4 year period [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)	0.81
Upside scenario [member] | 12-month ECL [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)		0.78
Upside scenario [member] | Remaining 4-year forecast period [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)		0.83
Upside scenario [member] | Canada [member] | Average Q4 2020 - Q4 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	7.80%
Real GDP	3.20%
Home prices	7.40%
Central bank policy interest rate	0.25%
Upside scenario [member] | Canada [member] | Remaining 4 year period [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	5.70%
Real GDP	2.80%
Home prices	3.10%
Central bank policy interest rate	0.64%
Upside scenario [member] | Canada [member] | 12-month ECL [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate		5.70%
Real GDP		1.80%
Home prices		8.90%
Central bank policy interest rate		1.75%
Upside scenario [member] | Canada [member] | Remaining 4-year forecast period [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate		5.20%
Real GDP		2.20%
Home prices		5.90%
Central bank policy interest rate		2.16%
Upside scenario [member] | United States [member] | Average Q4 2020 - Q4 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	7.10%
Real GDP	2.30%
Home prices	3.40%
Central bank policy interest rate	0.25%
U.S. 10-year treasury yield	1.39%
U.S. 10-year BBB spread	1.77%
Upside scenario [member] | United States [member] | Remaining 4 year period [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	4.10%
Real GDP	3.00%
Home prices	4.10%
Central bank policy interest rate	0.72%
U.S. 10-year treasury yield	2.78%
U.S. 10-year BBB spread	1.53%
Upside scenario [member] | United States [member] | 12-month ECL [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate		3.60%
Real GDP		2.00%
Home prices		4.40%
Central bank policy interest rate		2.00%
U.S. 10-year treasury yield		2.25%
U.S. 10-year BBB spread		1.73%
Upside scenario [member] | United States [member] | Remaining 4-year forecast period [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate		3.50%
Real GDP		2.10%
Home prices		5.00%
Central bank policy interest rate		2.86%
U.S. 10-year treasury yield		3.44%
U.S. 10-year BBB spread		1.59%
Downside scenario [member] | Average Q4 2020 - Q4 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)	0.76
Downside scenario [member] | Remaining 4 year period [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)	0.77
Downside scenario [member] | 12-month ECL [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)		0.74
Downside scenario [member] | Remaining 4-year forecast period [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)		0.69
Downside scenario [member] | Canada [member] | Average Q4 2020 - Q4 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	10.20%
Real GDP	(0.70%)
Home prices	(3.50%)
Central bank policy interest rate	0.25%
Downside scenario [member] | Canada [member] | Remaining 4 year period [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	6.20%
Real GDP	2.90%
Home prices	3.50%
Central bank policy interest rate	0.39%
Downside scenario [member] | Canada [member] | 12-month ECL [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate		6.80%
Real GDP		0.60%
Home prices		2.70%
Central bank policy interest rate		0.75%
Downside scenario [member] | Canada [member] | Remaining 4-year forecast period [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate		8.00%
Real GDP		0.30%
Home prices		(3.50%)
Central bank policy interest rate		0.63%
Downside scenario [member] | United States [member] | Average Q4 2020 - Q4 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	9.40%
Real GDP	(1.50%)
Home prices	(2.40%)
Central bank policy interest rate	0.25%
U.S. 10-year treasury yield	0.69%
U.S. 10-year BBB spread	2.14%
Downside scenario [member] | United States [member] | Remaining 4 year period [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	5.10%
Real GDP	3.10%
Home prices	4.10%
Central bank policy interest rate	0.39%
U.S. 10-year treasury yield	1.71%
U.S. 10-year BBB spread	1.81%
Downside scenario [member] | United States [member] | 12-month ECL [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate		4.90%
Real GDP		0.70%
Home prices		2.40%
Central bank policy interest rate		1.06%
U.S. 10-year treasury yield		1.32%
U.S. 10-year BBB spread		1.96%
Downside scenario [member] | United States [member] | Remaining 4-year forecast period [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate		6.10%
Real GDP		0.20%
Home prices		1.70%
Central bank policy interest rate		1.00%
U.S. 10-year treasury yield		1.79%
U.S. 10-year BBB spread		2.19%

Loans, Impaired Loans, and Al_8

Loans, Impaired Loans, and Allowance for Credit Losses - Schedule of Change from Base to Probability-Weighted ECLs (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Disclosure of detailed information about financial instruments [line items]
Difference - in amount	$ 343	$ 167
Difference - in percentage	4.00%	3.90%
Probability weighted method [member]
Disclosure of detailed information about financial instruments [line items]
Probability-weighted ECLs	$ 8,500	$ 4,271
Base scenario [member]
Disclosure of detailed information about financial instruments [line items]
Base ECLs	$ 8,157	$ 4,104

Loans, Impaired Loans, and Al_9

Loans, Impaired Loans, and Allowance for Credit Losses - Schedule of Incremental Lifetime ECLs Impact (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Disclosure of detailed information about financial instruments [line items]
Incremental lifetime ECLs impact	$ 2,018	$ 599
12-month ECL [member]
Disclosure of detailed information about financial instruments [line items]
All performing loans and off-balance sheet instruments using 12-month ECLs	6,482	3,672
Stage One and Two [member]
Disclosure of detailed information about financial instruments [line items]
Aggregate Stage 1 and 2 probability-weighted ECLs	$ 8,500	$ 4,271

Loans, Impaired Loans, and A_10

Loans, Impaired Loans, and Allowance for Credit Losses - Additional Information (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Disclosure of detailed information about financial instruments [line items]
Foreclosed assets held for sale	$ 77	$ 121
Collateral held against impaired loans	86.00%	77.00%
Modified Loans [member]
Disclosure of detailed information about financial instruments [line items]
Financial assets, amortized cost	$ 7,700	$ 407
Gross carrying amount	$ 609	$ 243

Loans, Impaired Loans, and A_11

Loans, Impaired Loans, and Allowance for Credit Losses - Summary of Loans Past Due but Not Impaired (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of detailed information about financial instruments [line items]
Gross Loans	$ 725,812	$ 689,055
Financial assets past due but not impaired [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	12,919	13,368
Financial assets past due but not impaired [member] | Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	1,610	2,224
Financial assets past due but not impaired [member] | Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	6,413	7,149
Financial assets past due but not impaired [member] | Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	1,323	1,981
Financial assets past due but not impaired [member] | Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	3,573	2,014
1-30 days [member] | Financial assets past due but not impaired [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	10,425	10,244
1-30 days [member] | Financial assets past due but not impaired [member] | Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	1,325	1,709
1-30 days [member] | Financial assets past due but not impaired [member] | Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	5,623	6,038
1-30 days [member] | Financial assets past due but not impaired [member] | Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	956	1,401
1-30 days [member] | Financial assets past due but not impaired [member] | Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	2,521	1,096
31-60 days [member] | Financial assets past due but not impaired [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	1,752	2,458
31-60 days [member] | Financial assets past due but not impaired [member] | Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	221	404
31-60 days [member] | Financial assets past due but not impaired [member] | Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	590	845
31-60 days [member] | Financial assets past due but not impaired [member] | Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	218	351
31-60 days [member] | Financial assets past due but not impaired [member] | Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	723	858
61 - 89 days [member] | Financial assets past due but not impaired [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	742	666
61 - 89 days [member] | Financial assets past due but not impaired [member] | Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	64	111
61 - 89 days [member] | Financial assets past due but not impaired [member] | Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	200	266
61 - 89 days [member] | Financial assets past due but not impaired [member] | Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	149	229
61 - 89 days [member] | Financial assets past due but not impaired [member] | Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	$ 329	$ 60

Transfers of Financial Assets -

Transfers of Financial Assets - Summary of Carrying Amount and Fair Value of Transferred Financial Assets Not Qualifying for Derecognition (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Other Financial Assets [member]
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	$ 67,483	$ 55,665
Associated liabilities	27,855	16,975
Gross carrying amount [member] | Securitisations [member]
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	29,355	27,213
Associated liabilities	29,486	27,144
Gross carrying amount [member] | Securitisations [member] | Residential mortgage loans [member]
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	25,271	23,689
Gross carrying amount [member] | Securitisations [member] | Other Financial Assets [member]
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	4,084	3,524
At fair value [member] | Securitisations [member]
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	29,723	27,230
Associated liabilities	29,861	27,316
At fair value [member] | Securitisations [member] | Residential mortgage loans [member]
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	25,622	23,705
At fair value [member] | Securitisations [member] | Other Financial Assets [member]
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	$ 4,101	$ 3,525

Transfers of Financial Assets_2

Transfers of Financial Assets - Summary of Carrying Amount and Fair Value of Transferred Financial Assets Not Qualifying for Derecognition (Parenthetical) (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of transferred financial assets that are not derecognised in their entirety [abstract]
Securitization of liabilities at amortized cost	$ 15,768	$ 14,086
Securitization of liabilities at fair value	$ 13,718	$ 13,058

Transfers of Financial Assets_3

Transfers of Financial Assets - Summary of Carrying Amount and Fair Value of Transferred Other Financial Assets Not Qualifying for Derecognition (Detail) - Other Financial Assets [member] - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	$ 67,483	$ 55,665
Associated liabilities	27,855	16,975
Repurchase agreements [member]
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	28,549	16,537
Securities lending agreements [member]
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	$ 38,934	$ 39,128

Transfers of Financial Assets_4

Transfers of Financial Assets - Summary of Carrying Amount and Fair Value of Transferred Other Financial Assets Not Qualifying for Derecognition (Parenthetical) (Detail) - CAD ($) $ in Billions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of other financial assets not qualifying for derecognition [abstract]
Other assets related to repurchase agreements collateralized by precious metals	$ 2.4	$ 1.3

Transfers of Financial Assets_5

Transfers of Financial Assets - Additional Information (Detail)	12 Months Ended
	Oct. 31, 2020CAD ($)Customer	Oct. 31, 2019CAD ($)	Oct. 31, 2018CAD ($)
Disclosure of continuing involvement in derecognised financial assets [line items]
Trading income recognized	$ 1,404,000,000	$ 1,047,000,000	$ 1,052,000,000
Retained interests [member]
Disclosure of continuing involvement in derecognised financial assets [line items]
Fair value of financial assets the Bank has continuing involvement	$ 14,000,000	19,000,000
Trading income recognized		1,000,000
Canada Emergency Business Account Program [member]
Disclosure of continuing involvement in derecognised financial assets [line items]
Canada emergency business account loan description	Under the Canada Emergency Business Account (CEBA) Program, with funding provided by Her Majesty in Right of Canada (the "Government of Canada") and Export Development Canada (EDC) as the Government of Canada's agent, the Bank provides loans to its eligible business banking customers. Under the CEBA Program, eligible businesses receive a $40,000 interest-free loan until December 31, 2022. If $30,000 is repaid on or before December 31, 2022, the remaining amount of the loan is eligible for complete forgiveness. If the loan is not repaid by December 31, 2022, it will be extended for an additional 3-year term bearing an interest rate of 5% per annum. The funding provided to the Bank by the Government of Canada in respect of the CEBA Program represents an obligation to pass-through collections on the CEBA loans and is otherwise non-recourse to the Bank. Accordingly, the Bank is required to remit all collections of principal and interest on the CEBA loans to the Government of Canada but is not required to repay amounts that its customers fail to pay or that have been forgiven. The Bank receives an administration fee to recover the costs to administer the program for the Government of Canada. The Bank continues to work with the Government of Canada as further amendments to the CEBA Program are contemplated. Loans issued under the program are not recognized on the Bank's Consolidated Balance Sheet, as the Bank transfers substantially all risks and rewards in respect of the loans to the Government of Canada. As of October 31, 2020, the Bank had provided approximately 184,000 customers with CEBA loans and had funded approximately $7.3 billion in loans under the program.
Enrolled customers | Customer	184,000
Funded loans outstanding	$ 7,300,000,000
Canada Emergency Business Account Program [member] | Top of range [member]
Disclosure of continuing involvement in derecognised financial assets [line items]
CEBA Loan Eligible Amount	40,000
Servicing rights [member] | U.S. residential mortgages originated by the Bank [member]
Disclosure of continuing involvement in derecognised financial assets [line items]
Fair value of financial assets the Bank has continuing involvement	56,000,000	51,000,000
Carrying value of assets the Bank has continuing involvement	61,000,000	52,000,000
Gain or loss on sale of the loans	$ 78,000,000	$ 14,000,000

Structured Entities - Additiona

Structured Entities - Additional Information (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Jun. 30, 2019	Dec. 31, 2018
TD Capital Trust III [member]
Disclosure of unconsolidated structured entities [line items]
Redemption of outstanding amount				$ 1,000
TD Capital Trust IV Notes [member]
Disclosure of unconsolidated structured entities [line items]
Redemption of outstanding amount			$ 550
Asset management entities [member] | Unconsolidated structured entities [member]
Disclosure of unconsolidated structured entities [line items]
Non-interest income received from involvement with these asset management entities	$ 2,100	$ 2,000
Income received from structured entities	1,800	1,800
Total assets under management	$ 241,400	$ 233,900

Structured Entities - Summary o

Structured Entities - Summary of Carrying Amount and Maximum Exposure to Unconsolidated Structured Entities (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
FINANCIAL ASSETS
Trading loans, securities, and other	$ 148,318	$ 146,000
Non-trading financial assets at fair value through profit or loss	8,548	6,503
Derivatives	54,242	48,894
Financial assets designated at fair value through profit or loss	4,739	4,040
Financial assets at fair value through other comprehensive income	103,285	111,104
Debt securities at amortized cost, net of allowance for credit losses	227,679	130,497
Loans	717,523	684,608
Other	18,856	17,087
FINANCIAL LIABILITIES
Derivatives	53,203	50,051
Obligations related to securities sold short	34,999	29,656
Unconsolidated structured entities [member]
FINANCIAL ASSETS
Trading loans, securities, and other	9,609	9,546
Non-trading financial assets at fair value through profit or loss	4,261	4,137
Derivatives	374	70
Financial assets designated at fair value through profit or loss	23	4
Financial assets at fair value through other comprehensive income	32,680	36,010
Debt securities at amortized cost, net of allowance for credit losses	104,942	85,456
Loans	2,139	1,319
Other	3,106	3,033
Total assets	157,134	139,575
FINANCIAL LIABILITIES
Derivatives	150	395
Obligations related to securities sold short	3,672	3,667
Total liabilities	3,822	4,062
Off-balance sheet exposure	22,825	22,689
Maximum exposure to loss from involvement with unconsolidated structured entities	176,137	158,202
Size of sponsored unconsolidated structured entities	49,348	48,906
Securitisation vehicles [member] | Unconsolidated structured entities [member]
FINANCIAL ASSETS
Trading loans, securities, and other	8,764	8,450
Non-trading financial assets at fair value through profit or loss	3,680	3,649
Financial assets at fair value through other comprehensive income	30,278	34,451
Debt securities at amortized cost, net of allowance for credit losses	104,914	85,456
Loans	2,134	1,314
Other	8	6
Total assets	149,778	133,326
FINANCIAL LIABILITIES
Obligations related to securities sold short	3,337	3,164
Total liabilities	3,337	3,164
Off-balance sheet exposure	16,431	17,233
Maximum exposure to loss from involvement with unconsolidated structured entities	162,872	147,395
Size of sponsored unconsolidated structured entities	10,862	10,068
Investment funds and trusts [member] | Unconsolidated structured entities [member]
FINANCIAL ASSETS
Trading loans, securities, and other	845	1,096
Non-trading financial assets at fair value through profit or loss	513	488
Derivatives	368	64
Financial assets designated at fair value through profit or loss	23	4
Financial assets at fair value through other comprehensive income	2,395	1,550
Debt securities at amortized cost, net of allowance for credit losses	28
Loans	5	5
Total assets	4,177	3,207
FINANCIAL LIABILITIES
Derivatives	150	395
Obligations related to securities sold short	335	503
Total liabilities	485	898
Off-balance sheet exposure	5,105	4,234
Maximum exposure to loss from involvement with unconsolidated structured entities	8,797	6,543
Size of sponsored unconsolidated structured entities	37,286	37,638
Structured entities other [member] | Unconsolidated structured entities [member]
FINANCIAL ASSETS
Non-trading financial assets at fair value through profit or loss	68
Derivatives	6	6
Financial assets at fair value through other comprehensive income	7	9
Other	3,098	3,027
Total assets	3,179	3,042
FINANCIAL LIABILITIES
Off-balance sheet exposure	1,289	1,222
Maximum exposure to loss from involvement with unconsolidated structured entities	4,468	4,264
Size of sponsored unconsolidated structured entities	$ 1,200	$ 1,200

Derivatives - Summary of Fair V

Derivatives - Summary of Fair Value of Derivatives (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	$ 54,242	$ 48,894
Derivative financial liabilities	53,203	50,051
Trading Derivatives [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	46,761	43,181
Derivative financial liabilities	47,682	45,086
Trading Derivatives [member] | Interest rate contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	13,650	12,436
Derivative financial liabilities	16,460	13,200
Trading Derivatives [member] | Interest rate contracts [member] | Forward rate agreement [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	38	24
Trading Derivatives [member] | Interest rate contracts [member] | Swaps [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	12,290	11,244
Trading Derivatives [member] | Interest rate contracts [member] | Options purchased [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	1,322	1,168
Trading Derivatives [member] | Interest rate contracts [member] | Forward rate agreement [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial liabilities	71	149
Trading Derivatives [member] | Interest rate contracts [member] | Swaps [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial liabilities	15,068	11,952
Trading Derivatives [member] | Interest rate contracts [member] | Options written [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial liabilities	1,321	1,099
Trading Derivatives [member] | Foreign exchange contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	27,038	28,457
Derivative financial liabilities	25,727	27,368
Trading Derivatives [member] | Foreign exchange contracts [member] | Options purchased [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	256	289
Trading Derivatives [member] | Foreign exchange contracts [member] | Forward contract [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	818	713
Trading Derivatives [member] | Foreign exchange contracts [member] | Swaps [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	10,858	12,734
Trading Derivatives [member] | Foreign exchange contracts [member] | Cross-currency interest rate swaps [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	15,106	14,721
Trading Derivatives [member] | Foreign exchange contracts [member] | Options written [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial liabilities	286	302
Trading Derivatives [member] | Foreign exchange contracts [member] | Forward contract [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial liabilities	1,361	1,540
Trading Derivatives [member] | Foreign exchange contracts [member] | Swaps [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial liabilities	9,649	12,613
Trading Derivatives [member] | Foreign exchange contracts [member] | Cross-currency interest rate swaps [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial liabilities	14,431	12,913
Trading Derivatives [member] | Credit Derivative Contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	10	16
Derivative financial liabilities	174	241
Trading Derivatives [member] | Credit Derivative Contracts [member] | Credit default swaps-protection purchased [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	3
Trading Derivatives [member] | Credit Derivative Contracts [member] | Credit default swap-protection sold [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	7	16
Trading Derivatives [member] | Credit Derivative Contracts [member] | Credit default swaps-protection purchased [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial liabilities	165	241
Trading Derivatives [member] | Credit Derivative Contracts [member] | Credit default swap-protection sold [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial liabilities	9
Trading Derivatives [member] | Other contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	6,063	2,272
Derivative financial liabilities	5,321	4,277
Trading Derivatives [member] | Other contracts [member] | Equity contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	3,649	748
Trading Derivatives [member] | Other contracts [member] | Commodity Derivatives [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	2,414	1,524
Trading Derivatives [member] | Other contracts [member] | Equity contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial liabilities	3,328	2,942
Trading Derivatives [member] | Other contracts [member] | Commodity Derivatives [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial liabilities	1,993	1,335
Non Trading Derivatives [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	7,481	5,713
Derivative financial liabilities	5,521	4,965
Non Trading Derivatives [member] | Interest rate contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	4,310	2,380
Derivative financial liabilities	2,674	1,306
Non Trading Derivatives [member] | Interest rate contracts [member] | Forward rate agreement [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	2
Non Trading Derivatives [member] | Interest rate contracts [member] | Swaps [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	4,299	2,365
Non Trading Derivatives [member] | Interest rate contracts [member] | Options purchased [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	9	15
Non Trading Derivatives [member] | Interest rate contracts [member] | Forward rate agreement [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial liabilities	1	2
Non Trading Derivatives [member] | Interest rate contracts [member] | Swaps [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial liabilities	2,671	1,303
Non Trading Derivatives [member] | Interest rate contracts [member] | Options written [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial liabilities	2	1
Non Trading Derivatives [member] | Foreign exchange contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	2,580	2,193
Derivative financial liabilities	1,587	2,031
Non Trading Derivatives [member] | Foreign exchange contracts [member] | Forward contract [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	608	660
Non Trading Derivatives [member] | Foreign exchange contracts [member] | Swaps [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	8	2
Non Trading Derivatives [member] | Foreign exchange contracts [member] | Cross-currency interest rate swaps [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	1,964	1,531
Non Trading Derivatives [member] | Foreign exchange contracts [member] | Forward contract [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial liabilities	187	90
Non Trading Derivatives [member] | Foreign exchange contracts [member] | Swaps [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial liabilities	1	22
Non Trading Derivatives [member] | Foreign exchange contracts [member] | Cross-currency interest rate swaps [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial liabilities	1,399	1,919
Non Trading Derivatives [member] | Credit Derivative Contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	9
Derivative financial liabilities	153	179
Non Trading Derivatives [member] | Credit Derivative Contracts [member] | Credit default swaps-protection purchased [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	9
Non Trading Derivatives [member] | Credit Derivative Contracts [member] | Credit default swaps-protection purchased [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial liabilities	153	179
Non Trading Derivatives [member] | Other contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	582	1,140
Derivative financial liabilities	1,107	1,449
Non Trading Derivatives [member] | Other contracts [member] | Equity contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	582	1,140
Non Trading Derivatives [member] | Other contracts [member] | Equity contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial liabilities	$ 1,107	$ 1,449

Derivatives - Summary of Fair_2

Derivatives - Summary of Fair Values of Non-Trading Derivative Instruments Categorized by Hedging Relationships (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	$ 54,242	$ 48,894
Derivative financial liabilities	53,203	50,051
Derivatives held or issued for non-trading purposes [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	7,481	5,713
Derivative financial liabilities	5,521	4,965
Derivatives held or issued for non-trading purposes [member] | Interest rate contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	4,310	2,380
Derivative financial liabilities	2,674	1,306
Derivatives held or issued for non-trading purposes [member] | Foreign exchange contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	2,580	2,193
Derivative financial liabilities	1,587	2,031
Derivatives held or issued for non-trading purposes [member] | Credit Derivative Contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	9
Derivative financial liabilities	153	179
Derivatives held or issued for non-trading purposes [member] | Other contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	582	1,140
Derivative financial liabilities	1,107	1,449
Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Fair value hedges [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	1,624	882
Derivative financial liabilities	884	786
Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Fair value hedges [member] | Interest rate contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	1,624	882
Derivative financial liabilities	884	786
Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Cash flow hedges [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	3,764	3,510
Derivative financial liabilities	1,769	1,864
Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Cash flow hedges [member] | Interest rate contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	1,061	804
Derivative financial liabilities	81	(46)
Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Cash flow hedges [member] | Foreign exchange contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	2,503	2,175
Derivative financial liabilities	1,546	1,910
Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Cash flow hedges [member] | Other contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	200	531
Derivative financial liabilities	142
Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Net investment hedges [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets		2
Derivative financial liabilities		58
Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Net investment hedges [member] | Foreign exchange contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets		2
Derivative financial liabilities		58
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	2,093	1,319
Derivative financial liabilities	2,868	2,257
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member] | Interest rate contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	1,625	694
Derivative financial liabilities	1,709	566
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member] | Foreign exchange contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	77	16
Derivative financial liabilities	41	63
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member] | Credit Derivative Contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	9
Derivative financial liabilities	153	179
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member] | Other contracts [member]
Disclosure Of Derivative Financial Instruments [line items]
Derivative financial assets	382	609
Derivative financial liabilities	$ 965	$ 1,449

Derivatives - Summary of Effect

Derivatives - Summary of Effect of Fair Value Hedges and Cash Flow and Net Investment Hedges (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Change in value of hedged items for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
Total assets	$ 4,624	$ 6,870
Total liabilities	(4,409)	(4,904)
TOTAL	215	1,966	$ (802)
Change in value of hedged items for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Deposits 1 [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	(3,962)	(4,566)
Change in value of hedged items for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Securitization liabilities at amortised cost, category [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	(201)	(149)
Change in value of hedged items for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Subordinated notes and debentures [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	(246)	(189)
Change in value of hedged items for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Debt securities amortized cost [member]
Disclosure of detailed information about hedges [line items]
Total assets	1,377	2,144
Change in value of hedged items for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Financial assets at fair value through other comprehensive income, category [member]
Disclosure of detailed information about hedges [line items]
Total assets	1,413	3,286
Change in value of hedged items for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Loans [member]
Disclosure of detailed information about hedges [line items]
Total assets	1,834	1,440
Change in value of hedged items for ineffectiveness measurement [member] | Cash flow hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(4,649)	(4,958)	2,070
Change in value of hedged items for ineffectiveness measurement [member] | Cash flow hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(3,884)	(5,087)
Change in value of hedged items for ineffectiveness measurement [member] | Cash flow hedges [member] | Currency risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(1,129)	251
Change in value of hedged items for ineffectiveness measurement [member] | Cash flow hedges [member] | Equity price risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	364	(122)
Change in value of hedged items for ineffectiveness measurement [member] | Net investment hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	394	(180)	392
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
Total assets	(4,636)	(6,917)
Total liabilities	4,370	4,925
TOTAL	(266)	(1,992)	804
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Deposits 1 [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	3,922	4,584
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Securitization liabilities at amortised cost, category [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	202	151
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Subordinated notes and debentures [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	246	190
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Debt securities amortized cost [member]
Disclosure of detailed information about hedges [line items]
Total assets	(1,384)	(2,160)
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Financial assets at fair value through other comprehensive income, category [member]
Disclosure of detailed information about hedges [line items]
Total assets	(1,414)	(3,299)
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Loans [member]
Disclosure of detailed information about hedges [line items]
Total assets	(1,838)	(1,458)
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Cash flow hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	4,649	4,961	(2,072)
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Cash flow hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	3,891	5,089
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Cash flow hedges [member] | Currency risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	1,122	(250)
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Cash flow hedges [member] | Equity price risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(364)	122
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Net investment hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(394)	180	(392)
Hedge ineffectiveness [member] | Fair value hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
Total assets	(12)	(47)
Total liabilities	(39)	21
TOTAL	(51)	(26)	2
Hedge ineffectiveness [member] | Fair value hedges [member] | Interest rate risk [member] | Deposits 1 [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	(40)	18
Hedge ineffectiveness [member] | Fair value hedges [member] | Interest rate risk [member] | Securitization liabilities at amortised cost, category [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	1	2
Hedge ineffectiveness [member] | Fair value hedges [member] | Interest rate risk [member] | Subordinated notes and debentures [member]
Disclosure of detailed information about hedges [line items]
Total liabilities		1
Hedge ineffectiveness [member] | Fair value hedges [member] | Interest rate risk [member] | Debt securities amortized cost [member]
Disclosure of detailed information about hedges [line items]
Total assets	(7)	(16)
Hedge ineffectiveness [member] | Fair value hedges [member] | Interest rate risk [member] | Financial assets at fair value through other comprehensive income, category [member]
Disclosure of detailed information about hedges [line items]
Total assets	(1)	(13)
Hedge ineffectiveness [member] | Fair value hedges [member] | Interest rate risk [member] | Loans [member]
Disclosure of detailed information about hedges [line items]
Total assets	(4)	(18)
Hedge ineffectiveness [member] | Cash flow hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL		3	(2)
Hedge ineffectiveness [member] | Cash flow hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	7	2
Hedge ineffectiveness [member] | Cash flow hedges [member] | Currency risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(7)	1
Hedging gain losses recognized in other comprehensive income [member] | Cash flow hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	4,508	4,697	(2,100)
Hedging gain losses recognized in other comprehensive income [member] | Cash flow hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	4,222	5,041
Hedging gain losses recognized in other comprehensive income [member] | Cash flow hedges [member] | Currency risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	650	(466)
Hedging gain losses recognized in other comprehensive income [member] | Cash flow hedges [member] | Equity price risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(364)	122
Hedging gain losses recognized in other comprehensive income [member] | Net investment hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(394)	180	(392)
Amounts reclassified from accumulated other comprehensive income loss to earnings [member] | Cash flow hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	1,358	(673)	738
Amounts reclassified from accumulated other comprehensive income loss to earnings [member] | Cash flow hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	609	(218)
Amounts reclassified from accumulated other comprehensive income loss to earnings [member] | Cash flow hedges [member] | Currency risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	1,043	(572)
Amounts reclassified from accumulated other comprehensive income loss to earnings [member] | Cash flow hedges [member] | Equity price risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(294)	117
Amounts reclassified from accumulated other comprehensive income loss to earnings [member] | Net investment hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(2,077)
Net Change In Other Comprehensive Income Loss [member] | Cash flow hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	3,150	5,370	(2,838)
Net Change In Other Comprehensive Income Loss [member] | Cash flow hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	3,613	5,259
Net Change In Other Comprehensive Income Loss [member] | Cash flow hedges [member] | Currency risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(393)	106
Net Change In Other Comprehensive Income Loss [member] | Cash flow hedges [member] | Equity price risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(70)	5
Net Change In Other Comprehensive Income Loss [member] | Net investment hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	1,683	180	$ (392)
Carrying amounts hedged items [member] | Fair value hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
Total assets	161,114	184,846
Total liabilities	148,641	136,154
Carrying amounts hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Deposits 1 [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	142,464	125,602
Carrying amounts hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Securitization liabilities at amortised cost, category [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	3,519	5,481
Carrying amounts hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Subordinated notes and debentures [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	2,658	5,071
Carrying amounts hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Debt securities amortized cost [member]
Disclosure of detailed information about hedges [line items]
Total assets	59,095	46,888
Carrying amounts hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Financial assets at fair value through other comprehensive income, category [member]
Disclosure of detailed information about hedges [line items]
Total assets	66,000	78,688
Carrying amounts hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Loans [member]
Disclosure of detailed information about hedges [line items]
Total assets	36,019	59,270
Accumulated amount of fair value hedge adjustments on hedged items [member] | Fair value hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
Total assets	6,443	2,823
Total liabilities	5,044	2,268
Accumulated amount of fair value hedge adjustments on hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Deposits 1 [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	4,703	2,214
Accumulated amount of fair value hedge adjustments on hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Securitization liabilities at amortised cost, category [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	230	82
Accumulated amount of fair value hedge adjustments on hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Subordinated notes and debentures [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	111	(28)
Accumulated amount of fair value hedge adjustments on hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Debt securities amortized cost [member]
Disclosure of detailed information about hedges [line items]
Total assets	2,572	1,502
Accumulated amount of fair value hedge adjustments on hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Financial assets at fair value through other comprehensive income, category [member]
Disclosure of detailed information about hedges [line items]
Total assets	1,812	580
Accumulated amount of fair value hedge adjustments on hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Loans [member]
Disclosure of detailed information about hedges [line items]
Total assets	2,059	741
Accumulated amount of fair value hedge adjustments on de-designated hedged items [member] | Fair value hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
Total assets	304	(125)
Total liabilities	59	(146)
Accumulated amount of fair value hedge adjustments on de-designated hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Deposits 1 [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	72	(11)
Accumulated amount of fair value hedge adjustments on de-designated hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Subordinated notes and debentures [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	(13)	(135)
Accumulated amount of fair value hedge adjustments on de-designated hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Debt securities amortized cost [member]
Disclosure of detailed information about hedges [line items]
Total assets	215
Accumulated amount of fair value hedge adjustments on de-designated hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Financial assets at fair value through other comprehensive income, category [member]
Disclosure of detailed information about hedges [line items]
Total assets	52	(119)
Accumulated amount of fair value hedge adjustments on de-designated hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Loans [member]
Disclosure of detailed information about hedges [line items]
Total assets	$ 37	$ (6)

Derivatives - Summary of Reconc

Derivatives - Summary of Reconciliation of Accumulated Other Comprehensive Income (Loss) (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Cash flow hedges [member] | Accumulated other comprehensive income (loss) [member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	$ 5,131	$ 1,981	$ (3,389)
Cash flow hedges [member] | Net Change In Other Comprehensive Income Loss [member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	3,150	5,370
Cash flow hedges [member] | Accumulated Other Comprehensive Income Designated Hedge [Member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	1,796	1,604
Cash flow hedges [member] | Accumulated Other Comprehensive Income De-Designated Hedge [Member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	3,335	377
Cash flow hedges [member] | Interest rate risk [member] | Accumulated other comprehensive income (loss) [member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	5,216	1,603	(3,656)
Cash flow hedges [member] | Interest rate risk [member] | Net Change In Other Comprehensive Income Loss [member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	3,613	5,259
Cash flow hedges [member] | Interest rate risk [member] | Accumulated Other Comprehensive Income Designated Hedge [Member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	1,881	1,226
Cash flow hedges [member] | Interest rate risk [member] | Accumulated Other Comprehensive Income De-Designated Hedge [Member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	3,335	377
Cash flow hedges [member] | Currency risk [member] | Accumulated other comprehensive income (loss) [member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	(40)	353	247
Cash flow hedges [member] | Currency risk [member] | Net Change In Other Comprehensive Income Loss [member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	(393)	106
Cash flow hedges [member] | Currency risk [member] | Accumulated Other Comprehensive Income Designated Hedge [Member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	(40)	353
Cash flow hedges [member] | Equity price risk [member] | Accumulated other comprehensive income (loss) [member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	(45)	25	20
Cash flow hedges [member] | Equity price risk [member] | Net Change In Other Comprehensive Income Loss [member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	(70)	5
Cash flow hedges [member] | Equity price risk [member] | Accumulated Other Comprehensive Income Designated Hedge [Member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	(45)	25
Net investment hedges [member] | Accumulated other comprehensive income (loss) [member]
Disclosure of detailed information about hedges [line items]
Foreign translation risk	(3,826)	(5,509)	$ (5,689)
Net investment hedges [member] | Net Change In Other Comprehensive Income Loss [member]
Disclosure of detailed information about hedges [line items]
Foreign translation risk	1,683	180
Net investment hedges [member] | Accumulated Other Comprehensive Income Designated Hedge [Member]
Disclosure of detailed information about hedges [line items]
Foreign translation risk	$ (3,826)	$ (5,509)

Derivatives - Summary of Notion

Derivatives - Summary of Notional Amounts of Over the Counter and Exchange Traded Derivatives (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of financial assets [line items]
Notional amount	$ 512,740	$ 571,543
Trading Derivatives [member]
Disclosure of financial assets [line items]
Notional amount	15,192,434
Trading Derivatives [member] | Over -the-counter clearing houses [member]
Disclosure of financial assets [line items]
Notional amount	10,137,631
Trading Derivatives [member] | Over-the-counter non-clearing house [member]
Disclosure of financial assets [line items]
Notional amount	3,738,258
Trading Derivatives [member] | Exchange traded contracts [member]
Disclosure of financial assets [line items]
Notional amount	1,316,545
Trading Derivatives [member] | Interest rate contracts [member]
Disclosure of financial assets [line items]
Notional amount	11,846,908
Trading Derivatives [member] | Interest rate contracts [member] | Futures contract [member]
Disclosure of financial assets [line items]
Notional amount	546,112
Trading Derivatives [member] | Interest rate contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	1,477,252
Trading Derivatives [member] | Interest rate contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	9,009,761
Trading Derivatives [member] | Interest rate contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	364,659
Trading Derivatives [member] | Interest rate contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	449,124
Trading Derivatives [member] | Interest rate contracts [member] | Over -the-counter clearing houses [member]
Disclosure of financial assets [line items]
Notional amount	10,127,785
Trading Derivatives [member] | Interest rate contracts [member] | Over -the-counter clearing houses [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	1,468,217
Trading Derivatives [member] | Interest rate contracts [member] | Over -the-counter clearing houses [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	8,659,568
Trading Derivatives [member] | Interest rate contracts [member] | Over-the-counter non-clearing house [member]
Disclosure of financial assets [line items]
Notional amount	531,439
Trading Derivatives [member] | Interest rate contracts [member] | Over-the-counter non-clearing house [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	9,035
Trading Derivatives [member] | Interest rate contracts [member] | Over-the-counter non-clearing house [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	350,193
Trading Derivatives [member] | Interest rate contracts [member] | Over-the-counter non-clearing house [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	89,499
Trading Derivatives [member] | Interest rate contracts [member] | Over-the-counter non-clearing house [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	82,712
Trading Derivatives [member] | Interest rate contracts [member] | Exchange traded contracts [member]
Disclosure of financial assets [line items]
Notional amount	1,187,684
Trading Derivatives [member] | Interest rate contracts [member] | Exchange traded contracts [member] | Futures contract [member]
Disclosure of financial assets [line items]
Notional amount	546,112
Trading Derivatives [member] | Interest rate contracts [member] | Exchange traded contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	275,160
Trading Derivatives [member] | Interest rate contracts [member] | Exchange traded contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	366,412
Trading Derivatives [member] | Foreign exchange contracts [member]
Disclosure of financial assets [line items]
Notional amount	3,083,869
Trading Derivatives [member] | Foreign exchange contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	116,537
Trading Derivatives [member] | Foreign exchange contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	17,903
Trading Derivatives [member] | Foreign exchange contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	17,920
Trading Derivatives [member] | Foreign exchange contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	2,035,231
Trading Derivatives [member] | Foreign exchange contracts [member] | Cross-currency interest rate swaps [member]
Disclosure of financial assets [line items]
Notional amount	896,278
Trading Derivatives [member] | Foreign exchange contracts [member] | Over-the-counter non-clearing house [member]
Disclosure of financial assets [line items]
Notional amount	3,083,803
Trading Derivatives [member] | Foreign exchange contracts [member] | Over-the-counter non-clearing house [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	116,537
Trading Derivatives [member] | Foreign exchange contracts [member] | Over-the-counter non-clearing house [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	17,863
Trading Derivatives [member] | Foreign exchange contracts [member] | Over-the-counter non-clearing house [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	17,894
Trading Derivatives [member] | Foreign exchange contracts [member] | Over-the-counter non-clearing house [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	2,035,231
Trading Derivatives [member] | Foreign exchange contracts [member] | Over-the-counter non-clearing house [member] | Cross-currency interest rate swaps [member]
Disclosure of financial assets [line items]
Notional amount	896,278
Trading Derivatives [member] | Foreign exchange contracts [member] | Exchange traded contracts [member]
Disclosure of financial assets [line items]
Notional amount	66
Trading Derivatives [member] | Foreign exchange contracts [member] | Exchange traded contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	40
Trading Derivatives [member] | Foreign exchange contracts [member] | Exchange traded contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	26
Trading Derivatives [member] | Credit Derivative Contracts [member]
Disclosure of financial assets [line items]
Notional amount	10,089
Trading Derivatives [member] | Credit Derivative Contracts [member] | Credit default swaps-protection purchased [member]
Disclosure of financial assets [line items]
Notional amount	8,546
Trading Derivatives [member] | Credit Derivative Contracts [member] | Credit default swap-protection sold [member]
Disclosure of financial assets [line items]
Notional amount	1,543
Trading Derivatives [member] | Credit Derivative Contracts [member] | Over -the-counter clearing houses [member]
Disclosure of financial assets [line items]
Notional amount	9,780
Trading Derivatives [member] | Credit Derivative Contracts [member] | Over -the-counter clearing houses [member] | Credit default swaps-protection purchased [member]
Disclosure of financial assets [line items]
Notional amount	8,444
Trading Derivatives [member] | Credit Derivative Contracts [member] | Over -the-counter clearing houses [member] | Credit default swap-protection sold [member]
Disclosure of financial assets [line items]
Notional amount	1,336
Trading Derivatives [member] | Credit Derivative Contracts [member] | Over-the-counter non-clearing house [member]
Disclosure of financial assets [line items]
Notional amount	309
Trading Derivatives [member] | Credit Derivative Contracts [member] | Over-the-counter non-clearing house [member] | Credit default swaps-protection purchased [member]
Disclosure of financial assets [line items]
Notional amount	102
Trading Derivatives [member] | Credit Derivative Contracts [member] | Over-the-counter non-clearing house [member] | Credit default swap-protection sold [member]
Disclosure of financial assets [line items]
Notional amount	207
Trading Derivatives [member] | Other contracts [member]
Disclosure of financial assets [line items]
Notional amount	251,568
Trading Derivatives [member] | Other contracts [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Notional amount	148,297
Trading Derivatives [member] | Other contracts [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Notional amount	103,271
Trading Derivatives [member] | Other contracts [member] | Over -the-counter clearing houses [member]
Disclosure of financial assets [line items]
Notional amount	66
Trading Derivatives [member] | Other contracts [member] | Over -the-counter clearing houses [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Notional amount	66
Trading Derivatives [member] | Other contracts [member] | Over-the-counter non-clearing house [member]
Disclosure of financial assets [line items]
Notional amount	122,707
Trading Derivatives [member] | Other contracts [member] | Over-the-counter non-clearing house [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Notional amount	76,337
Trading Derivatives [member] | Other contracts [member] | Over-the-counter non-clearing house [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Notional amount	46,370
Trading Derivatives [member] | Other contracts [member] | Exchange traded contracts [member]
Disclosure of financial assets [line items]
Notional amount	128,795
Trading Derivatives [member] | Other contracts [member] | Exchange traded contracts [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Notional amount	71,960
Trading Derivatives [member] | Other contracts [member] | Exchange traded contracts [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Notional amount	56,835
Non Trading Derivatives [member]
Disclosure of financial assets [line items]
Notional amount	1,507,299
Non Trading Derivatives [member] | Over -the-counter clearing houses [member]
Disclosure of financial assets [line items]
Notional amount	1,150,000	1,454,000
Non Trading Derivatives [member] | Over-the-counter non-clearing house [member]
Disclosure of financial assets [line items]
Notional amount	357,000	352,000
Non Trading Derivatives [member] | Exchange traded contracts [member]
Disclosure of financial assets [line items]
Notional amount	0	0
Non Trading Derivatives [member] | Interest rate contracts [member]
Disclosure of financial assets [line items]
Notional amount	1,345,173
Non Trading Derivatives [member] | Interest rate contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	1,497
Non Trading Derivatives [member] | Interest rate contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	1,338,113
Non Trading Derivatives [member] | Interest rate contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	1,649
Non Trading Derivatives [member] | Interest rate contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	3,914
Non Trading Derivatives [member] | Foreign exchange contracts [member]
Disclosure of financial assets [line items]
Notional amount	130,162
Non Trading Derivatives [member] | Foreign exchange contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	31,717
Non Trading Derivatives [member] | Foreign exchange contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	1,263
Non Trading Derivatives [member] | Foreign exchange contracts [member] | Cross-currency interest rate swaps [member]
Disclosure of financial assets [line items]
Notional amount	97,182
Non Trading Derivatives [member] | Credit Derivative Contracts [member]
Disclosure of financial assets [line items]
Notional amount	4,197
Non Trading Derivatives [member] | Credit Derivative Contracts [member] | Credit default swaps-protection purchased [member]
Disclosure of financial assets [line items]
Notional amount	4,196
Non Trading Derivatives [member] | Credit Derivative Contracts [member] | Credit default swap-protection sold [member]
Disclosure of financial assets [line items]
Notional amount	1
Non Trading Derivatives [member] | Other contracts [member]
Disclosure of financial assets [line items]
Notional amount	27,767
Non Trading Derivatives [member] | Other contracts [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Notional amount	27,767
Derivatives [member]
Disclosure of financial assets [line items]
Notional amount	16,699,733	17,857,921
Derivatives [member] | Interest rate contracts [member]
Disclosure of financial assets [line items]
Notional amount	13,192,081	14,705,399
Derivatives [member] | Interest rate contracts [member] | Futures contract [member]
Disclosure of financial assets [line items]
Notional amount	546,112	884,565
Derivatives [member] | Interest rate contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	1,478,749	1,846,927
Derivatives [member] | Interest rate contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	10,347,874	11,412,846
Derivatives [member] | Interest rate contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	366,308	246,268
Derivatives [member] | Interest rate contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	453,038	314,793
Derivatives [member] | Foreign exchange contracts [member]
Disclosure of financial assets [line items]
Notional amount	3,214,031	2,853,682
Derivatives [member] | Foreign exchange contracts [member] | Futures contract [member]
Disclosure of financial assets [line items]
Notional amount		16
Derivatives [member] | Foreign exchange contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	148,254	190,465
Derivatives [member] | Foreign exchange contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	17,903	27,654
Derivatives [member] | Foreign exchange contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	17,920	27,295
Derivatives [member] | Foreign exchange contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	2,036,494	1,749,551
Derivatives [member] | Foreign exchange contracts [member] | Cross-currency interest rate swaps [member]
Disclosure of financial assets [line items]
Notional amount	993,460	858,701
Derivatives [member] | Credit Derivative Contracts [member]
Disclosure of financial assets [line items]
Notional amount	14,286	13,782
Derivatives [member] | Credit Derivative Contracts [member] | Credit default swaps-protection purchased [member]
Disclosure of financial assets [line items]
Notional amount	12,742	12,670
Derivatives [member] | Credit Derivative Contracts [member] | Credit default swap-protection sold [member]
Disclosure of financial assets [line items]
Notional amount	1,544	1,112
Derivatives [member] | Other contracts [member]
Disclosure of financial assets [line items]
Notional amount	279,335	285,058
Derivatives [member] | Other contracts [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Notional amount	176,064	188,371
Derivatives [member] | Other contracts [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Notional amount	$ 103,271	$ 96,687

Derivatives - Summary of Noti_2

Derivatives - Summary of Notional Amounts of Over the Counter and Exchange Traded Derivatives (Parenthetical) (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of financial assets [line items]
Notional amount	$ 512,740	$ 571,543
Non Trading Derivatives [member]
Disclosure of financial assets [line items]
Notional amount	1,507,299
Non Trading Derivatives [member] | Over -the-counter clearing houses [member]
Disclosure of financial assets [line items]
Notional amount	1,150,000	1,454,000
Non Trading Derivatives [member] | Over-the-counter non-clearing house [member]
Disclosure of financial assets [line items]
Notional amount	357,000	352,000
Non Trading Derivatives [member] | Exchange traded contracts [member]
Disclosure of financial assets [line items]
Notional amount	$ 0	$ 0

Derivatives - Schedule of Notio

Derivatives - Schedule of Notional Amount of Non-trading Derivatives (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of financial assets [line items]
Total notional non-trading	$ 512,740	$ 571,543
Derivatives held or issued for non-trading purposes [member]
Disclosure of financial assets [line items]
Total notional non-trading	1,507,299	1,805,298
Derivatives held or issued for non-trading purposes [member] | Interest rate contracts [member]
Disclosure of financial assets [line items]
Total notional non-trading	1,345,173	1,649,296
Derivatives held or issued for non-trading purposes [member] | Foreign exchange contracts [member]
Disclosure of financial assets [line items]
Total notional non-trading	130,162	123,349
Derivatives held or issued for non-trading purposes [member] | Credit Derivative Contracts [member]
Disclosure of financial assets [line items]
Total notional non-trading	4,197	3,199
Derivatives held or issued for non-trading purposes [member] | Other contracts [member]
Disclosure of financial assets [line items]
Total notional non-trading	27,767	29,454
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member]
Disclosure of financial assets [line items]
Total notional non-trading	877,004	1,112,887
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member] | Interest rate contracts [member]
Disclosure of financial assets [line items]
Total notional non-trading	837,815	1,077,788
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member] | Foreign exchange contracts [member]
Disclosure of financial assets [line items]
Total notional non-trading	8,855	4,525
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member] | Credit Derivative Contracts [member]
Disclosure of financial assets [line items]
Total notional non-trading	4,197	3,199
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member] | Other contracts [member]
Disclosure of financial assets [line items]
Total notional non-trading	26,137	27,375
Fair value hedges [member] | Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member]
Disclosure of financial assets [line items]
Total notional non-trading	313,461	337,374
Fair value hedges [member] | Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Interest rate contracts [member]
Disclosure of financial assets [line items]
Total notional non-trading	313,461	337,374
Cash flow hedges [member] | Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member]
Disclosure of financial assets [line items]
Total notional non-trading	316,790	353,745
Cash flow hedges [member] | Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Interest rate contracts [member]
Disclosure of financial assets [line items]
Total notional non-trading	193,897	234,134
Cash flow hedges [member] | Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Foreign exchange contracts [member]
Disclosure of financial assets [line items]
Total notional non-trading	121,263	117,532
Cash flow hedges [member] | Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Other contracts [member]
Disclosure of financial assets [line items]
Total notional non-trading	1,630	2,079
Net investment hedges [member] | Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member]
Disclosure of financial assets [line items]
Total notional non-trading	44	1,292
Net investment hedges [member] | Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Foreign exchange contracts [member]
Disclosure of financial assets [line items]
Total notional non-trading	$ 44	$ 1,292

Derivatives - Summary of Noti_3

Derivatives - Summary of Notional Amounts of Over-the-counter Derivatives and Exchange-traded Derivatives Based on Their Contractual Terms to Maturity (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of financial assets [line items]
Notional amount	$ 512,740	$ 571,543
Within 1 year [member]
Disclosure of financial assets [line items]
Notional amount	121,938
Over 1 year to 5 years [member]
Disclosure of financial assets [line items]
Notional amount	284,538
Over 5 years [member]
Disclosure of financial assets [line items]
Notional amount	106,264
Derivatives [member]
Disclosure of financial assets [line items]
Notional amount	16,699,733	17,857,921
Derivatives [member] | Within 1 year [member]
Disclosure of financial assets [line items]
Notional amount	8,355,792
Derivatives [member] | Over 1 year to 5 years [member]
Disclosure of financial assets [line items]
Notional amount	5,972,549
Derivatives [member] | Over 5 years [member]
Disclosure of financial assets [line items]
Notional amount	2,371,392
Derivatives [member] | Interest rate contracts [member]
Disclosure of financial assets [line items]
Notional amount	13,192,081	14,705,399
Derivatives [member] | Interest rate contracts [member] | Futures contract [member]
Disclosure of financial assets [line items]
Notional amount	546,112	884,565
Derivatives [member] | Interest rate contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	1,478,749	1,846,927
Derivatives [member] | Interest rate contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	10,347,874	11,412,846
Derivatives [member] | Interest rate contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	366,308	246,268
Derivatives [member] | Interest rate contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	453,038	314,793
Derivatives [member] | Interest rate contracts [member] | Within 1 year [member]
Disclosure of financial assets [line items]
Notional amount	5,716,624
Derivatives [member] | Interest rate contracts [member] | Within 1 year [member] | Futures contract [member]
Disclosure of financial assets [line items]
Notional amount	422,942
Derivatives [member] | Interest rate contracts [member] | Within 1 year [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	1,431,511
Derivatives [member] | Interest rate contracts [member] | Within 1 year [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	3,184,527
Derivatives [member] | Interest rate contracts [member] | Within 1 year [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	293,678
Derivatives [member] | Interest rate contracts [member] | Within 1 year [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	383,966
Derivatives [member] | Interest rate contracts [member] | Over 1 year to 5 years [member]
Disclosure of financial assets [line items]
Notional amount	5,313,338
Derivatives [member] | Interest rate contracts [member] | Over 1 year to 5 years [member] | Futures contract [member]
Disclosure of financial assets [line items]
Notional amount	123,170
Derivatives [member] | Interest rate contracts [member] | Over 1 year to 5 years [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	46,454
Derivatives [member] | Interest rate contracts [member] | Over 1 year to 5 years [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	5,020,569
Derivatives [member] | Interest rate contracts [member] | Over 1 year to 5 years [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	63,196
Derivatives [member] | Interest rate contracts [member] | Over 1 year to 5 years [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	59,949
Derivatives [member] | Interest rate contracts [member] | Over 5 years [member]
Disclosure of financial assets [line items]
Notional amount	2,162,119
Derivatives [member] | Interest rate contracts [member] | Over 5 years [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	784
Derivatives [member] | Interest rate contracts [member] | Over 5 years [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	2,142,778
Derivatives [member] | Interest rate contracts [member] | Over 5 years [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	9,434
Derivatives [member] | Interest rate contracts [member] | Over 5 years [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	9,123
Derivatives [member] | Foreign exchange contracts [member]
Disclosure of financial assets [line items]
Notional amount	3,214,031	2,853,682
Derivatives [member] | Foreign exchange contracts [member] | Futures contract [member]
Disclosure of financial assets [line items]
Notional amount		16
Derivatives [member] | Foreign exchange contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	148,254	190,465
Derivatives [member] | Foreign exchange contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	17,903	27,654
Derivatives [member] | Foreign exchange contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	17,920	27,295
Derivatives [member] | Foreign exchange contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	2,036,494	1,749,551
Derivatives [member] | Foreign exchange contracts [member] | Cross-currency interest rate swaps [member]
Disclosure of financial assets [line items]
Notional amount	993,460	858,701
Derivatives [member] | Foreign exchange contracts [member] | Within 1 year [member]
Disclosure of financial assets [line items]
Notional amount	2,416,212
Derivatives [member] | Foreign exchange contracts [member] | Within 1 year [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	137,409
Derivatives [member] | Foreign exchange contracts [member] | Within 1 year [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	15,796
Derivatives [member] | Foreign exchange contracts [member] | Within 1 year [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	15,671
Derivatives [member] | Foreign exchange contracts [member] | Within 1 year [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	1,993,627
Derivatives [member] | Foreign exchange contracts [member] | Within 1 year [member] | Cross-currency interest rate swaps [member]
Disclosure of financial assets [line items]
Notional amount	253,709
Derivatives [member] | Foreign exchange contracts [member] | Over 1 year to 5 years [member]
Disclosure of financial assets [line items]
Notional amount	595,348
Derivatives [member] | Foreign exchange contracts [member] | Over 1 year to 5 years [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	10,761
Derivatives [member] | Foreign exchange contracts [member] | Over 1 year to 5 years [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	1,830
Derivatives [member] | Foreign exchange contracts [member] | Over 1 year to 5 years [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	1,964
Derivatives [member] | Foreign exchange contracts [member] | Over 1 year to 5 years [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	36,992
Derivatives [member] | Foreign exchange contracts [member] | Over 1 year to 5 years [member] | Cross-currency interest rate swaps [member]
Disclosure of financial assets [line items]
Notional amount	543,801
Derivatives [member] | Foreign exchange contracts [member] | Over 5 years [member]
Disclosure of financial assets [line items]
Notional amount	202,471
Derivatives [member] | Foreign exchange contracts [member] | Over 5 years [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	84
Derivatives [member] | Foreign exchange contracts [member] | Over 5 years [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	277
Derivatives [member] | Foreign exchange contracts [member] | Over 5 years [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	285
Derivatives [member] | Foreign exchange contracts [member] | Over 5 years [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	5,875
Derivatives [member] | Foreign exchange contracts [member] | Over 5 years [member] | Cross-currency interest rate swaps [member]
Disclosure of financial assets [line items]
Notional amount	195,950
Derivatives [member] | Credit Derivative Contracts [member]
Disclosure of financial assets [line items]
Notional amount	14,286	13,782
Derivatives [member] | Credit Derivative Contracts [member] | Credit default swaps-protection purchased [member]
Disclosure of financial assets [line items]
Notional amount	12,742	12,670
Derivatives [member] | Credit Derivative Contracts [member] | Credit default swap-protection sold [member]
Disclosure of financial assets [line items]
Notional amount	1,544	1,112
Derivatives [member] | Credit Derivative Contracts [member] | Within 1 year [member]
Disclosure of financial assets [line items]
Notional amount	2,279
Derivatives [member] | Credit Derivative Contracts [member] | Within 1 year [member] | Credit default swaps-protection purchased [member]
Disclosure of financial assets [line items]
Notional amount	1,869
Derivatives [member] | Credit Derivative Contracts [member] | Within 1 year [member] | Credit default swap-protection sold [member]
Disclosure of financial assets [line items]
Notional amount	410
Derivatives [member] | Credit Derivative Contracts [member] | Over 1 year to 5 years [member]
Disclosure of financial assets [line items]
Notional amount	5,427
Derivatives [member] | Credit Derivative Contracts [member] | Over 1 year to 5 years [member] | Credit default swaps-protection purchased [member]
Disclosure of financial assets [line items]
Notional amount	4,526
Derivatives [member] | Credit Derivative Contracts [member] | Over 1 year to 5 years [member] | Credit default swap-protection sold [member]
Disclosure of financial assets [line items]
Notional amount	901
Derivatives [member] | Credit Derivative Contracts [member] | Over 5 years [member]
Disclosure of financial assets [line items]
Notional amount	6,580
Derivatives [member] | Credit Derivative Contracts [member] | Over 5 years [member] | Credit default swaps-protection purchased [member]
Disclosure of financial assets [line items]
Notional amount	6,347
Derivatives [member] | Credit Derivative Contracts [member] | Over 5 years [member] | Credit default swap-protection sold [member]
Disclosure of financial assets [line items]
Notional amount	233
Derivatives [member] | Other contracts [member]
Disclosure of financial assets [line items]
Notional amount	279,335	285,058
Derivatives [member] | Other contracts [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Notional amount	176,064	188,371
Derivatives [member] | Other contracts [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Notional amount	103,271	$ 96,687
Derivatives [member] | Other contracts [member] | Within 1 year [member]
Disclosure of financial assets [line items]
Notional amount	220,677
Derivatives [member] | Other contracts [member] | Within 1 year [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Notional amount	132,950
Derivatives [member] | Other contracts [member] | Within 1 year [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Notional amount	87,727
Derivatives [member] | Other contracts [member] | Over 1 year to 5 years [member]
Disclosure of financial assets [line items]
Notional amount	58,436
Derivatives [member] | Other contracts [member] | Over 1 year to 5 years [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Notional amount	43,103
Derivatives [member] | Other contracts [member] | Over 1 year to 5 years [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Notional amount	15,333
Derivatives [member] | Other contracts [member] | Over 5 years [member]
Disclosure of financial assets [line items]
Notional amount	222
Derivatives [member] | Other contracts [member] | Over 5 years [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Notional amount	11
Derivatives [member] | Other contracts [member] | Over 5 years [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Notional amount	$ 211

Derivatives - Summary of Hedgin

Derivatives - Summary of Hedging Instruments by Term to Maturity (Detail) $ in Millions	12 Months Ended
	Oct. 31, 2020CAD ($)€ / CAD€ / CAD_per_EUR£ / CAD$ / CAD	Oct. 31, 2019CAD ($)
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 512,740	$ 571,543
Interest rate risk [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	389,779	450,657
Interest rate risk [member] | Swaps [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	46,000	48,000
Interest rate risk [member] | Swaps [member] | Pay fixed [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	161,022	201,878
Interest rate risk [member] | Swaps [member] | Receive fixed [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	228,757	248,779
Foreign exchange risk [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	121,304	118,794
Foreign exchange risk [member] | Forward contract [member] | U.S. Dollar [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	1,655	1,063
Foreign exchange risk [member] | Forward contract [member] | EUR [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	17,027	17,009
Foreign exchange risk [member] | Forward contract [member] | Others [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	44	1,292
Foreign exchange risk [member] | Cross currency swaps [member] | U.S. Dollar [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	54,679	49,455
Foreign exchange risk [member] | Cross currency swaps [member] | EUR [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	21,916	23,474
Foreign exchange risk [member] | Cross currency swaps [member] | Others [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	20,608	21,468
Foreign exchange risk [member] | Cross currency swaps [member] | GBP [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	5,375	5,033
Equity price risk [member] | Equity derivatives forwards contracts [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	1,657	$ 2,092
Within 1 year [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	121,938
Within 1 year [member] | Interest rate risk [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	73,681
Within 1 year [member] | Interest rate risk [member] | Swaps [member] | Pay fixed [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 35,776
Average fixed interest rate	1.29
Within 1 year [member] | Interest rate risk [member] | Swaps [member] | Receive fixed [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 37,905
Average fixed interest rate	0.93
Within 1 year [member] | Foreign exchange risk [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 46,600
Within 1 year [member] | Foreign exchange risk [member] | Forward contract [member] | U.S. Dollar [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 680
Average foreign exchange rate | $ / CAD	1.32
Within 1 year [member] | Foreign exchange risk [member] | Forward contract [member] | EUR [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 4,240
Average foreign exchange rate | € / CAD	1.56
Within 1 year [member] | Foreign exchange risk [member] | Forward contract [member] | Others [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 44
Within 1 year [member] | Foreign exchange risk [member] | Cross currency swaps [member] | U.S. Dollar [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 27,547
Average foreign exchange rate | $ / CAD	1.30
Within 1 year [member] | Foreign exchange risk [member] | Cross currency swaps [member] | EUR [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 2,327
Average foreign exchange rate | € / CAD_per_EUR	1.46
Within 1 year [member] | Foreign exchange risk [member] | Cross currency swaps [member] | Others [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 9,691
Within 1 year [member] | Foreign exchange risk [member] | Cross currency swaps [member] | GBP [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 2,071
Average foreign exchange rate | £ / CAD	1.72
Within 1 year [member] | Equity price risk [member] | Equity derivatives forwards contracts [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 1,657
Over 1 year to 5 years [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	284,538
Over 1 year to 5 years [member] | Interest rate risk [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	216,718
Over 1 year to 5 years [member] | Interest rate risk [member] | Swaps [member] | Pay fixed [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 76,270
Average fixed interest rate	1.54
Over 1 year to 5 years [member] | Interest rate risk [member] | Swaps [member] | Receive fixed [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 140,448
Average fixed interest rate	1.58
Over 1 year to 5 years [member] | Foreign exchange risk [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 67,820
Over 1 year to 5 years [member] | Foreign exchange risk [member] | Forward contract [member] | U.S. Dollar [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 775
Average foreign exchange rate | $ / CAD	1.33
Over 1 year to 5 years [member] | Foreign exchange risk [member] | Forward contract [member] | EUR [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 12,471
Average foreign exchange rate | € / CAD	1.65
Over 1 year to 5 years [member] | Foreign exchange risk [member] | Cross currency swaps [member] | U.S. Dollar [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 24,498
Average foreign exchange rate | $ / CAD	1.32
Over 1 year to 5 years [member] | Foreign exchange risk [member] | Cross currency swaps [member] | EUR [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 16,691
Average foreign exchange rate | € / CAD_per_EUR	1.51
Over 1 year to 5 years [member] | Foreign exchange risk [member] | Cross currency swaps [member] | Others [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 10,365
Over 1 year to 5 years [member] | Foreign exchange risk [member] | Cross currency swaps [member] | GBP [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 3,020
Average foreign exchange rate | £ / CAD	1.70
Over 5 years [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 106,264
Over 5 years [member] | Interest rate risk [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	99,380
Over 5 years [member] | Interest rate risk [member] | Swaps [member] | Pay fixed [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 48,976
Average fixed interest rate	1.53
Over 5 years [member] | Interest rate risk [member] | Swaps [member] | Receive fixed [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 50,404
Average fixed interest rate	0.89
Over 5 years [member] | Foreign exchange risk [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 6,884
Over 5 years [member] | Foreign exchange risk [member] | Forward contract [member] | U.S. Dollar [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 200
Average foreign exchange rate | $ / CAD	1.34
Over 5 years [member] | Foreign exchange risk [member] | Forward contract [member] | EUR [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 316
Average foreign exchange rate | € / CAD	1.73
Over 5 years [member] | Foreign exchange risk [member] | Cross currency swaps [member] | U.S. Dollar [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 2,634
Average foreign exchange rate | $ / CAD	1.33
Over 5 years [member] | Foreign exchange risk [member] | Cross currency swaps [member] | EUR [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 2,898
Average foreign exchange rate | € / CAD_per_EUR	1.50
Over 5 years [member] | Foreign exchange risk [member] | Cross currency swaps [member] | Others [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 552
Over 5 years [member] | Foreign exchange risk [member] | Cross currency swaps [member] | GBP [member]
Disclosure of hedging instruments by term to maturity [line items]
Derivative notional amount	$ 284
Average foreign exchange rate | £ / CAD	1.71

Derivatives - Summary of Hedg_2

Derivatives - Summary of Hedging Instruments by Term to Maturity (Parenthetical) (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of hedging instruments by term to maturity [line items]
Notional amount	$ 512,740	$ 571,543
Foreign exchange risk [member]
Disclosure of hedging instruments by term to maturity [line items]
Notional amount	121,304	118,794
Net investment hedges [member] | Foreign exchange risk [member]
Disclosure of hedging instruments by term to maturity [line items]
Carrying value of foreign currency denominated deposit liabilities	27,900	23,900
Multiple derivatives including interest rate swaps [member] | Cross-currency interest rate swaps [member]
Disclosure of hedging instruments by term to maturity [line items]
Notional amount	$ 117,600	$ 120,900

Derivatives - Additional Inform

Derivatives - Additional Information (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Derivative Financial Instruments [line items]
Derivative notional amount	$ 512,740	$ 571,543
Master derivative agreement - net liability position [member]
Derivative Financial Instruments [line items]
Posting of collateral or other acceptable remedy	120	102
Funding totaling	0	0.5
Master derivative agreements - credit support provisions [member]
Derivative Financial Instruments [line items]
Fair value of derivative instruments with credit risk related contingent features in a net liability position	11,000	11,000
Banks collateral for normal course of business	14,000	14,000
Master derivative agreements - credit support provisions [member] | One-notch downgrade credit rating [member]
Derivative Financial Instruments [line items]
Additional banks collateral for normal course of business	202	147
Master derivative agreements - credit support provisions [member] | Two-notch downgrade credit rating [member]
Derivative Financial Instruments [line items]
Additional banks collateral for normal course of business	249	192
Interest rate risk [member]
Derivative Financial Instruments [line items]
Derivative notional amount	389,779	450,657
Interest rate risk [member] | Swaps [member]
Derivative Financial Instruments [line items]
Derivative notional amount	$ 46,000	$ 48,000

Derivatives - Summary of Deriva

Derivatives - Summary of Derivative Instruments Designated in Qualifying Hedge Accounting Relationships (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Statement [LineItems]
Derivative notional amount	$ 512,740	$ 571,543
Interest rate risk [member]
Statement [LineItems]
Derivative notional amount	389,779	450,657
Interest rate risk [member] | Swaps [member]
Statement [LineItems]
Derivative notional amount	46,000	48,000
Foreign exchange risk [member]
Statement [LineItems]
Derivative notional amount	121,304	118,794
Contracts maturing after December 31, 2021 [member]
Statement [LineItems]
Derivative notional amount	266,050,000	209,153,000
Contracts maturing after December 31, 2021 [member] | Interest rate risk [member] | Swaps [member] | US LIBOR [member]
Statement [LineItems]
Derivative notional amount	210,352,000	173,763,000
Contracts maturing after December 31, 2021 [member] | Foreign exchange risk [member] | Swaps [member] | US LIBOR [member]
Statement [LineItems]
Derivative notional amount	17,024,000	9,586,000
Contracts maturing after December 31, 2021 [member] | Foreign exchange risk [member] | Swaps [member] | GBP LIBOR [member]
Statement [LineItems]
Derivative notional amount	1,726,000	1,706,000
Contracts maturing after December 31, 2021 [member] | Foreign exchange risk [member] | Cross currency swaps [member] | US LIBOR [member]
Statement [LineItems]
Derivative notional amount	34,359,000	21,539,000
Contracts maturing after December 31, 2021 [member] | Foreign exchange risk [member] | Cross currency swaps [member] | GBP LIBOR [member]
Statement [LineItems]
Derivative notional amount	$ 2,589,000	$ 2,559,000

Derivatives - Credit Exposure o

Derivatives - Credit Exposure of Derivatives (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of financial assets [line items]
Current replacement cost	$ 13,673	$ 11,254
Credit equivalent amount	66,580	60,512
Risk-weighted amount	9,108	7,428
Interest rate contracts [member]
Disclosure of financial assets [line items]
Current replacement cost	4,405	3,374
Credit equivalent amount	11,136	10,630
Risk-weighted amount	2,929	2,360
Interest rate contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Current replacement cost	20	31
Credit equivalent amount	325	536
Risk-weighted amount	229	449
Interest rate contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Current replacement cost	4,347	3,210
Credit equivalent amount	10,607	9,635
Risk-weighted amount	2,641	1,809
Interest rate contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Current replacement cost	33	64
Credit equivalent amount	129	224
Risk-weighted amount	36	60
Interest rate contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Current replacement cost	5	69
Credit equivalent amount	75	235
Risk-weighted amount	23	42
Foreign exchange contracts [member]
Disclosure of financial assets [line items]
Current replacement cost	4,588	4,255
Credit equivalent amount	28,663	27,492
Risk-weighted amount	3,295	3,276
Foreign exchange contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Current replacement cost	465	434
Credit equivalent amount	2,364	2,555
Risk-weighted amount	353	375
Foreign exchange contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Current replacement cost	1,999	1,961
Credit equivalent amount	15,638	14,286
Risk-weighted amount	1,370	1,635
Foreign exchange contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Current replacement cost	29	29
Credit equivalent amount	135	193
Risk-weighted amount	44	45
Foreign exchange contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Current replacement cost	8	19
Credit equivalent amount	104	170
Risk-weighted amount	28	38
Foreign exchange contracts [member] | Cross-currency interest rate swaps [member]
Disclosure of financial assets [line items]
Current replacement cost	2,087	1,812
Credit equivalent amount	10,422	10,288
Risk-weighted amount	1,500	1,183
Other contracts [member]
Disclosure of financial assets [line items]
Current replacement cost	1,406	540
Credit equivalent amount	12,631	9,423
Risk-weighted amount	2,474	1,443
Other contracts [member] | Credit Derivative Contracts [member]
Disclosure of financial assets [line items]
Current replacement cost	3	6
Credit equivalent amount	508	634
Risk-weighted amount	123	149
Other contracts [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Current replacement cost	689	151
Credit equivalent amount	8,513	5,706
Risk-weighted amount	1,376	667
Other contracts [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Current replacement cost	714	383
Credit equivalent amount	3,610	3,083
Risk-weighted amount	975	627
Before master netting agreements [member]
Disclosure of financial assets [line items]
Current replacement cost	10,399	8,169
Credit equivalent amount	52,430	47,545
Risk-weighted amount	8,698	7,079
Derivatives qualifying central counterparty contracts [member]
Disclosure of financial assets [line items]
Current replacement cost	3,274	3,085
Credit equivalent amount	14,150	12,967
Risk-weighted amount	$ 410	$ 349

Derivatives - Summary of Curren

Derivatives - Summary of Current Replacement Cost of Derivatives by Sector (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Current replacement cost of derivatives [line items]
Derivatives, gross	$ 254,005	$ 236,027
Current replacement cost [member]
Current replacement cost of derivatives [line items]
Derivatives, gross	10,399	8,169
Current replacement cost [member] | Financial [member]
Current replacement cost of derivatives [line items]
Derivatives, gross	2,994	2,741
Current replacement cost [member] | Government [member]
Current replacement cost of derivatives [line items]
Derivatives, gross	2,298	2,100
Current replacement cost [member] | Other deferred tax assets [member]
Current replacement cost of derivatives [line items]
Derivatives, gross	5,107	3,328
Canada [member] | Current replacement cost [member]
Current replacement cost of derivatives [line items]
Derivatives, gross	6,810	5,531
Canada [member] | Current replacement cost [member] | Financial [member]
Current replacement cost of derivatives [line items]
Derivatives, gross	2,562	2,416
Canada [member] | Current replacement cost [member] | Government [member]
Current replacement cost of derivatives [line items]
Derivatives, gross	2,156	1,836
Canada [member] | Current replacement cost [member] | Other deferred tax assets [member]
Current replacement cost of derivatives [line items]
Derivatives, gross	2,092	1,279
United States [member] | Current replacement cost [member]
Current replacement cost of derivatives [line items]
Derivatives, gross	2,546	1,654
United States [member] | Current replacement cost [member] | Financial [member]
Current replacement cost of derivatives [line items]
Derivatives, gross	123	80
United States [member] | Current replacement cost [member] | Government [member]
Current replacement cost of derivatives [line items]
Derivatives, gross	26	43
United States [member] | Current replacement cost [member] | Other deferred tax assets [member]
Current replacement cost of derivatives [line items]
Derivatives, gross	2,397	1,531
Other international [member] | Current replacement cost [member]
Current replacement cost of derivatives [line items]
Derivatives, gross	1,043	984
Other international [member] | Current replacement cost [member] | Financial [member]
Current replacement cost of derivatives [line items]
Derivatives, gross	309	245
Other international [member] | Current replacement cost [member] | Government [member]
Current replacement cost of derivatives [line items]
Derivatives, gross	116	221
Other international [member] | Current replacement cost [member] | Other deferred tax assets [member]
Current replacement cost of derivatives [line items]
Derivatives, gross	$ 618	$ 518

Derivatives - Summary of Curr_2

Derivatives - Summary of Current Replacement Cost of Derivatives by Location (Detail) - Current replacement cost [member] - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Current replacement cost of derivatives [line items]
Derivatives, net	$ 10,399	$ 8,169
After master netting agreements, percentage mix	100.00%	100.00%
Canada [member]
Current replacement cost of derivatives [line items]
Derivatives, net	$ 3,752	$ 2,768
After master netting agreements, percentage mix	36.10%	33.90%
United States [member]
Current replacement cost of derivatives [line items]
Derivatives, net	$ 4,078	$ 2,936
After master netting agreements, percentage mix	39.20%	36.00%
Other international [member]
Current replacement cost of derivatives [line items]
Derivatives, net	$ 2,569	$ 2,465
After master netting agreements, percentage mix	24.70%	30.10%
Other international [member] | United Kingdom [member]
Current replacement cost of derivatives [line items]
Derivatives, net	$ 371	$ 501
After master netting agreements, percentage mix	3.60%	6.10%
Other international [member] | Europe [Member]
Current replacement cost of derivatives [line items]
Derivatives, net	$ 1,414	$ 1,211
After master netting agreements, percentage mix	13.60%	14.80%
Other international [member] | All other countries [member]
Current replacement cost of derivatives [line items]
Derivatives, net	$ 784	$ 753
After master netting agreements, percentage mix	7.50%	9.20%

Investment in Associates and _3

Investment in Associates and Joint Ventures - Additional Information (Detail) $ / shares in Units, $ in Millions, $ in Billions	Oct. 06, 2020shares	Oct. 31, 2020CAD ($)	Oct. 31, 2020CAD ($)shares	Oct. 31, 2019CAD ($)shares	Oct. 31, 2018CAD ($)	Oct. 31, 2020USD ($)$ / shares	Oct. 31, 2019USD ($)$ / shares
Other income (loss) [member] | Low Income Housing Tax Credit [member]
Disclosure of investments in associates and joint ventures [line items]
Impairment loss					$ 89
TD Ameritrade [member]
Disclosure of investments in associates and joint ventures [line items]
Equity investment percentage	43.00%			43.19%
Gain on Sale on investment in TD Ameritrade		$ 1,400
Gain on Sale on investment in TD Ameritrade after tax		2,300
Fair value of outstanding shares				$ 12,000			$ 9
Closing price of shares | $ / shares							$ 38.38
Stock repurchased | shares			2,000,000	21,500,000
Ownership percentage threshold after stock repurchases that requires the bank to use reasonable effort to sell or dispose excess stock			45.00%
Maximum ownership percentage of the bank that is allowed to result after stock repurchases			47.00%
Aggregated individually immaterial associates excluding TD Ameritrade [member]
Disclosure of investments in associates and joint ventures [line items]
Investment in associates and joint venture		3,400	$ 3,400	$ 3,200
Charles Schwab Corporate [member]
Disclosure of investments in associates and joint ventures [line items]
Number of common shares exchanged for each share | shares	1.0837
Equity investment percentage			13.51%
Percentage of acquired stake	13.50%
Percentage of voting common shares	9.90%
Fair value of outstanding shares		$ 14,000	$ 14,000			$ 10
Closing price of shares | $ / shares						$ 41.11

Investment in Associates and _4

Investment in Associates and Joint Ventures - Summary of Condensed Consolidated Balance Sheets (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Sep. 30, 2020	Oct. 31, 2019	Sep. 30, 2019	Oct. 31, 2018
ASSETS
Other assets, net	$ 18,856		$ 17,087
Total assets	1,715,865		1,415,290		$ 1,334,903
LIABILITIES
Other liabilities	30,476		21,004
Total liabilities	1,620,366		1,327,589
Stockholders' equity	95,499		87,701		$ 80,040
Total liabilities and stockholders' equity	$ 1,715,865	$ 75,231	$ 1,415,290	$ 57,671
TD Ameritrade [member]
ASSETS
Receivables from brokers, dealers, and clearing organizations		2,070		3,212
Receivables from clients, net		36,938		27,156
Other assets, net		36,223		27,303
Total assets		75,231		57,671
LIABILITIES
Payable to brokers, dealers, and clearing organizations		4,307		4,357
Payable to clients		50,382		35,650
Other liabilities		7,174		6,205
Total liabilities		61,863		46,212
Stockholders' equity		$ 13,368		$ 11,459

Investment in Associates and _5

Investment in Associates and Joint Ventures - Summary of Condensed Consolidated Statements of Income (Detail) - CAD ($) $ / shares in Units, $ in Millions		12 Months Ended
		Oct. 31, 2020	Sep. 30, 2020	Oct. 31, 2019	Sep. 30, 2019	Oct. 31, 2018	Sep. 30, 2018
Revenues
Net interest revenue	[1]	$ 35,647		$ 41,999		$ 36,422
Total revenue		43,646		41,065		38,892
Operating expenses
Employee compensation and benefits		11,891		11,244		10,377
Provision for income taxes		1,152		2,735		3,182
Net income	[2]	$ 11,895		$ 11,686		$ 11,334
Earnings per share - basic (Canadian dollars)		$ 6.43		$ 6.26		$ 6.02
Earnings per share - diluted (Canadian dollars)		$ 6.43		$ 6.25		$ 6.01
TD Ameritrade [member]
Revenues
Net interest revenue			$ 1,873		$ 2,036		$ 1,635
Fee-based and other revenue			6,202		5,947		5,365
Total revenue			8,075		7,983		7,000
Operating expenses
Employee compensation and benefits			1,905		1,756		1,992
Other			2,388		2,245		2,434
Total operating expenses			4,293		4,001		4,426
Other expense (income)			143		94		142
Pre-tax income			3,639		3,888		2,432
Provision for income taxes			910		957		535
Net income			$ 2,729		$ 2,931		$ 1,897
Earnings per share - basic (Canadian dollars)			$ 5.04		$ 5.27		$ 3.34
Earnings per share - diluted (Canadian dollars)			$ 5.02		$ 5.26		$ 3.32
[1]	Includes $32,524 million, for the year ended October 31, 2020 (October 31, 2019 - $34,828 million; October 31, 2018 - $30,639 million), which has been calculated based on the effective interest rate method (EIRM). Refer to Note 30.
[2]	The amounts are net of income tax provisions (recoveries) presented in the following table.

Investment in Associates and _6

Investment in Associates and Joint Ventures - Summary of Condensed Consolidated Statements of Income (Parenthetical) (Detail) - 12 months ended Oct. 31, 2018 $ in Millions, $ in Millions	CAD ($)	USD ($)
TD Ameritrade [member] | U.S. Tax Act [member]
Disclosure of general information about financial statements [line items]
Deferred income tax benefit	$ 41	$ 32

Significant Acquisitions and _2

Significant Acquisitions and Disposals - Agreement for Air Canada Credit Card Loyalty Program - Additional Information (Detail) - Agreement for Air Canada Credit Card Loyalty Program [member] $ in Millions	Jan. 10, 2019CAD ($)
Disclosure of agreement for credit card loyalty program [line items]
Cash transferred, pending completion of transaction	$ 622
Expense recognized, pending completion of transaction	547
Expense recognized, pending completion of transaction	446
Intangible assets amortized, pending completion of transaction	75
Prepayment plus applicable sales tax future purchase of loyalty points over tens year period, pending completion of transaction	$ 308

Significant Acquisitions and _3

Significant Acquisitions and Disposals - Additional Information (Detail) - CAD ($) shares in Millions, $ in Millions	Oct. 31, 2020	Oct. 31, 2019	Nov. 01, 2018	Oct. 31, 2018
Disclosure of detailed information about business combination [line items]
Goodwill	$ 17,148	$ 16,976		$ 16,536
Greystone Capital Management Inc. [member]
Disclosure of detailed information about business combination [line items]
Acquisition of outstanding equity percentage			100.00%
Acquisition, net purchase consideration			$ 821
Purchase consideration paid in cash			479
Deferred purchase consideration in common shares held in escrow			167
Purchase consideration paid in cash			165
Liabilities acquired			46
Purchase consideration allocated to customer relationship			140
Goodwill			432
Deferred tax liability			37
Greystone Capital Management Inc. [member] | Common shares [member]
Disclosure of detailed information about business combination [line items]
Purchase consideration paid in shares, value			$ 342
Common shares issued			4.7

Goodwill and Other Intangible_2

Goodwill and Other Intangibles - Additional Information (Detail) $ in Billions	12 Months Ended
	Oct. 31, 2020CAD ($)	Oct. 31, 2019
Disclosure of detailed information about intangible assets [line items]
Amount of capital	$ 20.6
Goodwill and impairment testing [member] | Terminal Value [member]
Disclosure of detailed information about intangible assets [line items]
Cash flow projection period	5 years	5 years
Goodwill and impairment testing [member] | Terminal Value [member] | Bottom of range [member]
Disclosure of detailed information about intangible assets [line items]
Observable terminal multiples of comparable financial institutions	9	9
Terminal growth rates	2.00%	2.00%
Goodwill and impairment testing [member] | Terminal Value [member] | Top of range [member]
Disclosure of detailed information about intangible assets [line items]
Observable terminal multiples of comparable financial institutions	14	13
Terminal growth rates	4.00%	4.00%

Goodwill and Other Intangible_3

Goodwill and Other Intangibles - Summary of Goodwill by Segment (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Disclosure of reconciliation of changes in goodwill [line items]
Beginning balance	$ 16,976	$ 16,536
Additions		432
Foreign currency translation adjustments and other	172	8
Ending balance	17,148	16,976
Canadian Retail [member]
Disclosure of reconciliation of changes in goodwill [line items]
Beginning balance	2,836	2,403
Additions		432
Foreign currency translation adjustments and other	10	1
Ending balance	$ 2,846	$ 2,836
Canadian Retail [member] | Bottom of range [member]
Disclosure of reconciliation of changes in goodwill [line items]
Pre-tax discount rates	9.70%	9.70%
Canadian Retail [member] | Top of range [member]
Disclosure of reconciliation of changes in goodwill [line items]
Pre-tax discount rates	11.00%	11.00%
U.S. Retail [member]
Disclosure of reconciliation of changes in goodwill [line items]
Beginning balance	$ 13,980	$ 13,973
Foreign currency translation adjustments and other	162	7
Ending balance	$ 14,142	$ 13,980
U.S. Retail [member] | Bottom of range [member]
Disclosure of reconciliation of changes in goodwill [line items]
Pre-tax discount rates	9.20%	9.60%
U.S. Retail [member] | Top of range [member]
Disclosure of reconciliation of changes in goodwill [line items]
Pre-tax discount rates	11.80%	11.80%
Wholesale Banking [member]
Disclosure of reconciliation of changes in goodwill [line items]
Beginning balance	$ 160	$ 160
Ending balance	$ 160	$ 160
Pre-tax discount rates	12.70%	12.70%

Goodwill and Other Intangible_4

Goodwill and Other Intangibles - Summary of Goodwill by Segment (Parenthetical) (Detail) - CAD ($)	Oct. 31, 2020	Oct. 31, 2019
Disclosure of reconciliation of changes in goodwill [abstract]
Accumulated impairment	$ 0	$ 0

Goodwill and Other Intangible_5

Goodwill and Other Intangibles - Summary of Other Intangibles (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	$ 2,503
Amortization charge for the year	817	$ 800	$ 815
Balance at end of year	2,125	2,503
Gross carrying amount [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	7,383	6,980
Additions	412	850
Disposals	(80)	(40)
Fully amortized intangibles	(428)	(401)
Foreign currency translation adjustments and other	65	(6)
Balance at end of year	7,352	7,383	6,980
Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	(4,888)	(4,521)
Disposals	57	14
Impairment losses	17	5
Amortization charge for the year	781	776
Fully amortized intangibles	428	401
Foreign currency translation adjustments and other	34	(7)
Balance at end of year	(5,227)	(4,888)	(4,521)
Core deposit intangibles [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	95
Balance at end of year	43	95
Core deposit intangibles [member] | Gross carrying amount [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	2,576	2,575
Foreign currency translation adjustments and other	30	1
Balance at end of year	2,606	2,576	2,575
Core deposit intangibles [member] | Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	(2,481)	(2,404)
Amortization charge for the year	54	76
Foreign currency translation adjustments and other	28	1
Balance at end of year	(2,563)	(2,481)	(2,404)
Credit card related intangibles [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	214
Balance at end of year	154	214
Credit card related intangibles [member] | Gross carrying amount [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	842	759
Additions		83
Foreign currency translation adjustments and other	2
Balance at end of year	844	842	759
Credit card related intangibles [member] | Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	(628)	(542)
Amortization charge for the year	60	86
Foreign currency translation adjustments and other	2
Balance at end of year	(690)	(628)	(542)
Internally generated software [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	1,760
Balance at end of year	1,559	1,760
Internally generated software [member] | Gross carrying amount [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	2,927	2,760
Additions	327	541
Disposals	(55)	(40)
Fully amortized intangibles	(391)	(322)
Foreign currency translation adjustments and other	26	(12)
Balance at end of year	2,834	2,927	2,760
Internally generated software [member] | Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	(1,167)	(1,031)
Disposals	32	14
Impairment losses	4	4
Amortization charge for the year	528	474
Fully amortized intangibles	391	322
Foreign currency translation adjustments and other	(1)	(6)
Balance at end of year	(1,275)	(1,167)	(1,031)
Other software [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	104
Balance at end of year	74	104
Other software [member] | Gross carrying amount [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	295	300
Additions	44	63
Disposals	(25)
Fully amortized intangibles	(37)	(79)
Foreign currency translation adjustments and other	1	11
Balance at end of year	278	295	300
Other software [member] | Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	(191)	(184)
Disposals	25
Amortization charge for the year	73	82
Fully amortized intangibles	37	79
Foreign currency translation adjustments and other	2	4
Balance at end of year	(204)	(191)	(184)
Other intangible [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	330
Balance at end of year	295	330
Other intangible [member] | Gross carrying amount [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	743	586
Additions	41	163
Foreign currency translation adjustments and other	6	(6)
Balance at end of year	790	743	586
Other intangible [member] | Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	(413)	(360)
Impairment losses	13	1
Amortization charge for the year	66	58
Foreign currency translation adjustments and other	3	(6)
Balance at end of year	$ (495)	$ (413)	$ (360)

Land, Buildings, Equipment, a_3

Land, Buildings, Equipment, and Other Depreciable Assets - Summary of Land, Buildings, Equipment, and Other Depreciable Assets (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	$ 5,513
Balance at end of year	5,317
Balance at end of year	10,136	$ 5,513
Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	8,778	8,486
Additions	915	857
Acquisitions through business combinations		3
Disposals	(238)	(233)
Fully depreciated assets	(100)	(317)
Foreign currency translation adjustments and other	(124)	(18)
Balance at end of year	8,972	8,778
Gross carrying amount [member] | Impact on Initial Application of IFRS16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	259
Balance at end of year		259
Gross carrying amount [member] | Increase (decrease) due to application of IFRS 16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	8,519
Balance at end of year		8,519
Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	(3,265)	(3,162)
Depreciation charge for the year	677	605
Disposals	180	173
Impairment losses	56
Fully depreciated assets	100	317
Foreign currency translation adjustments and other	(119)	(12)
Balance at end of year	(3,655)	(3,265)
Accumulated depreciation and impairment/losses [member] | Impact on Initial Application of IFRS16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	(56)
Balance at end of year		(56)
Accumulated depreciation and impairment/losses [member] | Increase (decrease) due to application of IFRS 16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	(3,321)
Balance at end of year		(3,321)
Land [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	987
Balance at end of year	968
Balance at end of year	1,924	987
Land [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	987	971
Additions	1	30
Disposals	(1)	(2)
Foreign currency translation adjustments and other	(19)	(12)
Balance at end of year	968	987
Land [member] | Gross carrying amount [member] | Increase (decrease) due to application of IFRS 16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	987
Balance at end of year		987
Buildings [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	2,270
Balance at end of year	2,051
Balance at end of year	5,872	2,270
Buildings [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	3,488	3,378
Additions	217	194
Disposals	(16)	(29)
Fully depreciated assets	(28)	(45)
Foreign currency translation adjustments and other	(105)	(10)
Balance at end of year	3,485	3,488
Buildings [member] | Gross carrying amount [member] | Impact on Initial Application of IFRS16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	71
Balance at end of year		71
Buildings [member] | Gross carrying amount [member] | Increase (decrease) due to application of IFRS 16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	3,417
Balance at end of year		3,417
Buildings [member] | Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	(1,218)	(1,173)
Depreciation charge for the year	155	120
Disposals	27	19
Impairment losses	53
Fully depreciated assets	28	45
Foreign currency translation adjustments and other	(122)	(11)
Balance at end of year	(1,434)	(1,218)
Buildings [member] | Accumulated depreciation and impairment/losses [member] | Impact on Initial Application of IFRS16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	(185)
Balance at end of year		(185)
Buildings [member] | Accumulated depreciation and impairment/losses [member] | Increase (decrease) due to application of IFRS 16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	(1,403)
Balance at end of year		(1,403)
Computer equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	436
Balance at end of year	429
Balance at end of year	471	436
Computer equipment [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	813	829
Additions	233	259
Disposals	(76)	(119)
Fully depreciated assets	(17)	(156)
Foreign currency translation adjustments and other	4
Balance at end of year	803	813
Computer equipment [member] | Gross carrying amount [member] | Impact on Initial Application of IFRS16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	188
Balance at end of year		188
Computer equipment [member] | Gross carrying amount [member] | Increase (decrease) due to application of IFRS 16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	625
Balance at end of year		625
Computer equipment [member] | Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	(377)	(449)
Depreciation charge for the year	172	168
Disposals	48	85
Impairment losses	3
Fully depreciated assets	17	156
Foreign currency translation adjustments and other	(18)	1
Balance at end of year	(374)	(377)
Computer equipment [member] | Accumulated depreciation and impairment/losses [member] | Impact on Initial Application of IFRS16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	(129)
Balance at end of year		(129)
Computer equipment [member] | Accumulated depreciation and impairment/losses [member] | Increase (decrease) due to application of IFRS 16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	(248)
Balance at end of year		(248)
Furniture fixtures, and other depreciable assets [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	703
Balance at end of year	677
Balance at end of year	677	703
Furniture fixtures, and other depreciable assets [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	1,351	1,315
Additions	149	147
Acquisitions through business combinations		1
Disposals	(74)	(35)
Fully depreciated assets	(20)	(63)
Foreign currency translation adjustments and other	(10)	(14)
Balance at end of year	1,396	1,351
Furniture fixtures, and other depreciable assets [member] | Gross carrying amount [member] | Increase (decrease) due to application of IFRS 16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	1,351
Balance at end of year		1,351
Furniture fixtures, and other depreciable assets [member] | Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	(648)	(605)
Depreciation charge for the year	156	138
Disposals	62	31
Fully depreciated assets	20	63
Foreign currency translation adjustments and other	(3)	(1)
Balance at end of year	(719)	(648)
Furniture fixtures, and other depreciable assets [member] | Accumulated depreciation and impairment/losses [member] | Increase (decrease) due to application of IFRS 16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	(648)
Balance at end of year		(648)
Leasehold improvements [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	1,117
Balance at end of year	1,192
Balance at end of year	1,192	1,117
Leasehold improvements [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	2,139	1,993
Additions	315	227
Acquisitions through business combinations		2
Disposals	(71)	(48)
Fully depreciated assets	(69)	(53)
Foreign currency translation adjustments and other	6	18
Balance at end of year	2,320	2,139
Leasehold improvements [member] | Gross carrying amount [member] | Increase (decrease) due to application of IFRS 16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	2,139
Balance at end of year		2,139
Leasehold improvements [member] | Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	(1,022)	(935)
Depreciation charge for the year	194	179
Disposals	43	38
Fully depreciated assets	69	53
Foreign currency translation adjustments and other	24	(1)
Balance at end of year	(1,128)	(1,022)
Leasehold improvements [member] | Accumulated depreciation and impairment/losses [member] | Increase (decrease) due to application of IFRS 16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	$ (1,022)
Balance at end of year		$ (1,022)

Land, Buildings, Equipment, a_4

Land, Buildings, Equipment, and Other Depreciable Assets - Summary of Right of Use Assets (Detail) - Gross carrying amount [member] - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Disclosure of detailed information about property, plant and equipment [line items]
Additions	$ 735
Depreciation	(591)
Reassessments, modifications, and variable lease payment adjustments	200
Foreign currency translation adjustments and other	(124)	$ (18)
Balance at end of year	4,819
Right-of-use assets [member]
Disclosure of detailed information about property, plant and equipment [line items]
Terminations and impairment	(20)
Foreign currency translation adjustments and other	32
Impact on Initial Application of IFRS16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	4,463
Balance at end of year		4,463
Increase (decrease) due to application of IFRS 16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	4,463
Balance at end of year		4,463
Land [member]
Disclosure of detailed information about property, plant and equipment [line items]
Additions	2
Depreciation	(98)
Reassessments, modifications, and variable lease payment adjustments	14
Foreign currency translation adjustments and other	(19)	(12)
Balance at end of year	956
Land [member] | Right-of-use assets [member]
Disclosure of detailed information about property, plant and equipment [line items]
Terminations and impairment	(2)
Foreign currency translation adjustments and other	13
Land [member] | Impact on Initial Application of IFRS16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	1,027
Balance at end of year		1,027
Land [member] | Increase (decrease) due to application of IFRS 16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	1,027
Balance at end of year		1,027
Buildings [member]
Disclosure of detailed information about property, plant and equipment [line items]
Additions	733
Depreciation	(476)
Reassessments, modifications, and variable lease payment adjustments	186
Foreign currency translation adjustments and other	(105)	(10)
Balance at end of year	3,821
Buildings [member] | Right-of-use assets [member]
Disclosure of detailed information about property, plant and equipment [line items]
Terminations and impairment	(18)
Foreign currency translation adjustments and other	19
Buildings [member] | Impact on Initial Application of IFRS16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	3,377
Balance at end of year		3,377
Buildings [member] | Increase (decrease) due to application of IFRS 16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	3,377
Balance at end of year		3,377
Computer equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Depreciation	(17)
Foreign currency translation adjustments and other	4
Balance at end of year	42
Computer equipment [member] | Impact on Initial Application of IFRS16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	59
Balance at end of year		59
Computer equipment [member] | Increase (decrease) due to application of IFRS 16 [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	$ 59
Balance at end of year		$ 59

Other Assets - Schedule of Othe

Other Assets - Schedule of Other Assets (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of other assets [abstract]
Accounts receivable and other items	$ 10,799	$ 9,069
Accrued interest	2,336	2,479
Current income tax receivable	2,294	2,468
Defined benefit asset	9	13
Insurance-related assets, excluding investments	2,268	1,761
Prepaid expenses	1,150	1,297
Total	$ 18,856	$ 17,087

Deposits - Additional Informati

Deposits - Additional Information (Detail) - CAD ($)	Oct. 31, 2020	Oct. 31, 2019
Disclosure Of Deposits [line items]
Aggregate amount of term deposits in denominations of $100,000 or more	$ 287,000,000,000	$ 309,000,000,000
Deposits designated at fair value through profit or loss [member]
Disclosure Of Deposits [line items]
Contractual Obligation at Maturity	$ 155,000,000	$ 328,000,000

Deposits - Summary of Deposit L

Deposits - Summary of Deposit Liabilities (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of deposits from customers [line items]
Demand	$ 149,647
Notice	743,666
Term	320,823	$ 343,646
Total	1,214,136	1,018,962
Personal [member]
Disclosure of deposits from customers [line items]
Demand	20,237
Notice	545,695
Term	59,268	58,006
Total	625,200	503,430
Bank Deposits [member]
Disclosure of deposits from customers [line items]
Demand	13,974
Notice	126
Term	14,869
Total	28,969	16,751
Business and government [member]
Disclosure of deposits from customers [line items]
Demand	115,436
Notice	197,845
Term	167,883	145,258
Total	481,164	366,796
Trading deposits [member]
Disclosure of deposits from customers [line items]
Term	19,177	26,885
Total	19,177	26,885
Deposits designated at fair value through profit or loss [member]
Disclosure of deposits from customers [line items]
Term	59,626	105,100
Total	59,626	105,100
Canada [member]
Disclosure of deposits from customers [line items]
Total	660,545
Canada [member] | Personal [member]
Disclosure of deposits from customers [line items]
Total	274,953
Canada [member] | Bank Deposits [member]
Disclosure of deposits from customers [line items]
Total	19,735
Canada [member] | Business and government [member]
Disclosure of deposits from customers [line items]
Total	326,460
Canada [member] | Trading deposits [member]
Disclosure of deposits from customers [line items]
Total	11,842
Canada [member] | Deposits designated at fair value through profit or loss [member]
Disclosure of deposits from customers [line items]
Total	27,555
United States [member]
Disclosure of deposits from customers [line items]
Total	535,104
United States [member] | Personal [member]
Disclosure of deposits from customers [line items]
Total	350,244
United States [member] | Bank Deposits [member]
Disclosure of deposits from customers [line items]
Total	4,692
United States [member] | Business and government [member]
Disclosure of deposits from customers [line items]
Total	151,431
United States [member] | Trading deposits [member]
Disclosure of deposits from customers [line items]
Total	2,657
United States [member] | Deposits designated at fair value through profit or loss [member]
Disclosure of deposits from customers [line items]
Total	26,080
International [member]
Disclosure of deposits from customers [line items]
Total	18,487
International [member] | Personal [member]
Disclosure of deposits from customers [line items]
Total	3
International [member] | Bank Deposits [member]
Disclosure of deposits from customers [line items]
Total	4,542
International [member] | Business and government [member]
Disclosure of deposits from customers [line items]
Total	3,273
International [member] | Trading deposits [member]
Disclosure of deposits from customers [line items]
Total	4,678
International [member] | Deposits designated at fair value through profit or loss [member]
Disclosure of deposits from customers [line items]
Total	5,991
Domestic Offices [member] | Non interest bearing deposits [member]
Disclosure of deposits from customers [line items]
Total	55,920	43,887
Domestic Offices [member] | Interest bearing deposits 1 [member]
Disclosure of deposits from customers [line items]
Total	604,625	530,608
Foreign Offices [member] | Non interest bearing deposits [member]
Disclosure of deposits from customers [line items]
Total	76,099	53,381
Foreign Offices [member] | Interest bearing deposits 1 [member]
Disclosure of deposits from customers [line items]
Total	472,913	391,076
US federal funds deposited [member] | Interest bearing deposits 1 [member]
Disclosure of deposits from customers [line items]
Total	$ 4,579	$ 10

Deposits - Summary of Deposit_2

Deposits - Summary of Deposit Liabilities (Parenthetical) (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of deposits from customers [line items]
Deposits subject to bank recapitalization Bail-in	$ 27,580	$ 17,000
Deposits	481,164	366,796
Financial liabilities designated at fair value through profit or loss	59,665	105,131
Total deposits	1,214,136	1,018,962
Business and government [member]
Disclosure of deposits from customers [line items]
Total deposits	481,164	366,796
Loan commitments and financial guarantees [member]
Disclosure of deposits from customers [line items]
Financial liabilities designated at fair value through profit or loss	39	31
Covered Bondholders [member] | Business and government [member]
Disclosure of deposits from customers [line items]
Deposits	40,500	39,900
TD Capital Trust IV [member] | Business and government [member]
Disclosure of deposits from customers [line items]
Deposits	1,200	1,200
U.S. Dollar [member]
Disclosure of deposits from customers [line items]
Total deposits	708,000	580,000
Other Currency [member]
Disclosure of deposits from customers [line items]
Total deposits	$ 44,000	$ 52,000

Deposits - Maturity Schedule of

Deposits - Maturity Schedule of Term Deposits (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of deposits from customers [line items]
Term deposits	$ 320,823	$ 343,646
Personal [member]
Disclosure of deposits from customers [line items]
Term deposits	59,268	58,006
Banks [member]
Disclosure of deposits from customers [line items]
Term deposits	14,869	8,397
Business and government [member]
Disclosure of deposits from customers [line items]
Term deposits	167,883	145,258
Trading deposits [member]
Disclosure of deposits from customers [line items]
Term deposits	19,177	26,885
Deposits designated at fair value through profit or loss [member]
Disclosure of deposits from customers [line items]
Term deposits	59,626	105,100
Within 1 year [member]
Disclosure of deposits from customers [line items]
Term deposits	223,969	228,237
Within 1 year [member] | Personal [member]
Disclosure of deposits from customers [line items]
Term deposits	41,213	38,941
Within 1 year [member] | Banks [member]
Disclosure of deposits from customers [line items]
Term deposits	14,859	8,387
Within 1 year [member] | Business and government [member]
Disclosure of deposits from customers [line items]
Term deposits	97,278	57,346
Within 1 year [member] | Trading deposits [member]
Disclosure of deposits from customers [line items]
Term deposits	10,993	18,819
Within 1 year [member] | Deposits designated at fair value through profit or loss [member]
Disclosure of deposits from customers [line items]
Term deposits	59,626	$ 104,744
Over 1 year to 2 years [member]
Disclosure of deposits from customers [line items]
Term deposits	27,988
Over 1 year to 2 years [member] | Personal [member]
Disclosure of deposits from customers [line items]
Term deposits	10,096
Over 1 year to 2 years [member] | Business and government [member]
Disclosure of deposits from customers [line items]
Term deposits	14,382
Over 1 year to 2 years [member] | Trading deposits [member]
Disclosure of deposits from customers [line items]
Term deposits	3,510
Over 2 years to 3 years [member]
Disclosure of deposits from customers [line items]
Term deposits	32,178
Over 2 years to 3 years [member] | Personal [member]
Disclosure of deposits from customers [line items]
Term deposits	5,065
Over 2 years to 3 years [member] | Banks [member]
Disclosure of deposits from customers [line items]
Term deposits	3
Over 2 years to 3 years [member] | Business and government [member]
Disclosure of deposits from customers [line items]
Term deposits	25,761
Over 2 years to 3 years [member] | Trading deposits [member]
Disclosure of deposits from customers [line items]
Term deposits	1,349
Over 3 years to 4 years [member]
Disclosure of deposits from customers [line items]
Term deposits	21,132
Over 3 years to 4 years [member] | Personal [member]
Disclosure of deposits from customers [line items]
Term deposits	1,712
Over 3 years to 4 years [member] | Business and government [member]
Disclosure of deposits from customers [line items]
Term deposits	18,166
Over 3 years to 4 years [member] | Trading deposits [member]
Disclosure of deposits from customers [line items]
Term deposits	1,254
Over 4 years to 5 years [member]
Disclosure of deposits from customers [line items]
Term deposits	10,909
Over 4 years to 5 years [member] | Personal [member]
Disclosure of deposits from customers [line items]
Term deposits	1,145
Over 4 years to 5 years [member] | Banks [member]
Disclosure of deposits from customers [line items]
Term deposits	2
Over 4 years to 5 years [member] | Business and government [member]
Disclosure of deposits from customers [line items]
Term deposits	8,911
Over 4 years to 5 years [member] | Trading deposits [member]
Disclosure of deposits from customers [line items]
Term deposits	851
Over 5 years [member]
Disclosure of deposits from customers [line items]
Term deposits	4,647
Over 5 years [member] | Personal [member]
Disclosure of deposits from customers [line items]
Term deposits	37
Over 5 years [member] | Banks [member]
Disclosure of deposits from customers [line items]
Term deposits	5
Over 5 years [member] | Business and government [member]
Disclosure of deposits from customers [line items]
Term deposits	3,385
Over 5 years [member] | Trading deposits [member]
Disclosure of deposits from customers [line items]
Term deposits	1,220
Within 3 months [member]
Disclosure of deposits from customers [line items]
Term deposits	109,938
Within 3 months [member] | Personal [member]
Disclosure of deposits from customers [line items]
Term deposits	15,235
Within 3 months [member] | Banks [member]
Disclosure of deposits from customers [line items]
Term deposits	14,462
Within 3 months [member] | Business and government [member]
Disclosure of deposits from customers [line items]
Term deposits	50,090
Within 3 months [member] | Trading deposits [member]
Disclosure of deposits from customers [line items]
Term deposits	4,232
Within 3 months [member] | Deposits designated at fair value through profit or loss [member]
Disclosure of deposits from customers [line items]
Term deposits	25,919
Over 3 months to 6 months [member]
Disclosure of deposits from customers [line items]
Term deposits	48,780
Over 3 months to 6 months [member] | Personal [member]
Disclosure of deposits from customers [line items]
Term deposits	9,139
Over 3 months to 6 months [member] | Banks [member]
Disclosure of deposits from customers [line items]
Term deposits	313
Over 3 months to 6 months [member] | Business and government [member]
Disclosure of deposits from customers [line items]
Term deposits	24,700
Over 3 months to 6 months [member] | Trading deposits [member]
Disclosure of deposits from customers [line items]
Term deposits	2,065
Over 3 months to 6 months [member] | Deposits designated at fair value through profit or loss [member]
Disclosure of deposits from customers [line items]
Term deposits	12,563
Over 6 months to 12 months [member]
Disclosure of deposits from customers [line items]
Term deposits	65,251
Over 6 months to 12 months [member] | Personal [member]
Disclosure of deposits from customers [line items]
Term deposits	16,839
Over 6 months to 12 months [member] | Banks [member]
Disclosure of deposits from customers [line items]
Term deposits	84
Over 6 months to 12 months [member] | Business and government [member]
Disclosure of deposits from customers [line items]
Term deposits	22,488
Over 6 months to 12 months [member] | Trading deposits [member]
Disclosure of deposits from customers [line items]
Term deposits	4,696
Over 6 months to 12 months [member] | Deposits designated at fair value through profit or loss [member]
Disclosure of deposits from customers [line items]
Term deposits	$ 21,144

Other Liabilities - Summary of

Other Liabilities - Summary of Other Liabilities (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of financial liabilities [abstract]
Accounts payable, accrued expenses, and other items	$ 6,571	$ 5,163
Accrued interest	1,142	1,393
Accrued salaries and employee benefits	2,900	3,245
Cheques and other items in transit	2,440	1,042
Current income tax payable	275	169
Deferred tax liabilities	284	193
Defined benefit liability	3,302	2,781
Lease liabilities	6,095	66
Liabilities related to structured entities	5,898	5,857
Provisions	1,569	1,095
Total	$ 30,476	$ 21,004

Subordinated Notes And Debent_3

Subordinated Notes And Debentures - Summary of Subordinated Notes and Debentures (Detail) - CAD ($) $ in Millions	Apr. 22, 2020	Oct. 31, 2020	Oct. 31, 2019
Disclosure of detailed information about borrowings [line items]
Subordinated notes and debentures		$ 11,477	$ 10,725
9.15% subordinated notes due May 26, 2025 [member]
Disclosure of detailed information about borrowings [line items]
Maturity date		May 26, 2025
Interest rate (%)		9.15%
Subordinated notes and debentures		$ 200	198
2.692% subordinated debentures due June 24, 2025 [member]
Disclosure of detailed information about borrowings [line items]
Maturity date		June 24, 2025
Interest rate (%)		2.692%
Reset spread (%)		1.21%
Earliest par redemption date		Jun. 24, 2020
Subordinated notes and debentures			1,496
2.982% subordinated debentures due September 30, 2025 [member]
Disclosure of detailed information about borrowings [line items]
Maturity date		September 30, 2025
Interest rate (%)		2.982%
Reset spread (%)		1.83%
Earliest par redemption date		Sep. 30, 2020
Subordinated notes and debentures			996
3.589% Subordinated Debentures due September 14, 2028 [member]
Disclosure of detailed information about borrowings [line items]
Maturity date		September 14, 2028
Interest rate (%)		3.589%
Reset spread (%)		1.06%
Earliest par redemption date		Sep. 14, 2023
Subordinated notes and debentures		$ 1,743	1,738
3.224% subordinated debentures due July 25, 2029 [member]
Disclosure of detailed information about borrowings [line items]
Maturity date		July 25, 2029
Interest rate (%)		3.224%
Reset spread (%)		1.25%
Earliest par redemption date		Jul. 25, 2024
Subordinated notes and debentures		$ 1,561	1,509
3.105% Subordinated Debentures due April 22, 2030 [member]
Disclosure of detailed information about borrowings [line items]
Maturity date		April 22, 2030
Interest rate (%)	3.105%	3.105%
Reset spread (%)	2.16%	2.16%
Earliest par redemption date	Apr. 22, 2025	Apr. 22, 2025
Subordinated notes and debentures	$ 3,000	$ 2,974
4.859% subordinated debentures due March 4, 2031 [member]
Disclosure of detailed information about borrowings [line items]
Maturity date		March 4, 2031
Interest rate (%)		4.859%
Reset spread (%)		3.49%
Earliest par redemption date		Mar. 4, 2026
Subordinated notes and debentures		$ 1,279	1,206
3.625% subordinated debentures due September 15, 2031 [member]
Disclosure of detailed information about borrowings [line items]
Maturity date		September 15, 2031
Interest rate (%)		3.625%
Reset spread (%)		2.205%
Earliest par redemption date		Sep. 15, 2026
Subordinated notes and debentures		$ 1,881	1,842
3.06% Subordinated Debentures due January 26, 2032 [member]
Disclosure of detailed information about borrowings [line items]
Maturity date		January 26, 2032
Interest rate (%)		3.06%
Reset spread (%)		1.33%
Earliest par redemption date		Jan. 26, 2027
Subordinated notes and debentures		$ 1,839	$ 1,740

Subordinated Notes And Debent_4

Subordinated Notes And Debentures - Summary of Subordinated Notes and Debentures (Parenthetical) (Detail) - CAD ($) shares in Millions, $ in Millions	Sep. 30, 2020	Jun. 24, 2020	Apr. 22, 2020	Oct. 31, 2020	Oct. 31, 2019
Disclosure of detailed information about borrowings [line items]
Notes issued				$ 11,477	$ 10,725
3.625% subordinated debentures due September 15, 2031 [member] | Earliest Redemption Date September 15, 2026 to September 15, 2031 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate basis				5-year Mid-Swap Rate
2.692% subordinated debentures due June 24, 2025 [member]
Disclosure of detailed information about borrowings [line items]
Interest rate				2.692%
Maturity date				June 24, 2025
Notes issued					1,496
Earliest par redemption date				Jun. 24, 2020
Reset spread (%)				1.21%
2.692% subordinated debentures due June 24, 2025 [member] | Subordinated debenture [member]
Disclosure of detailed information about borrowings [line items]
Subordinated debentures		$ 1,500
Interest rate		2.692%
Redemption percentage		100.00%
Maturity date		June 24, 2025
2.982% subordinated debentures due September 30, 2025 [member]
Disclosure of detailed information about borrowings [line items]
Interest rate				2.982%
Maturity date				September 30, 2025
Notes issued					996
Earliest par redemption date				Sep. 30, 2020
Reset spread (%)				1.83%
2.982% subordinated debentures due September 30, 2025 [member] | Subordinated debenture [member]
Disclosure of detailed information about borrowings [line items]
Subordinated debentures	$ 1,000
Interest rate	2.982%
Redemption percentage	100.00%
Maturity date	September 30, 2025
3.589% Subordinated Debentures due September 14, 2028 [member]
Disclosure of detailed information about borrowings [line items]
NVCC Provisions, maximum number of common shares that could be issued				525
Interest rate				3.589%
Maturity date				September 14, 2028
Notes issued				$ 1,743	1,738
Earliest par redemption date				Sep. 14, 2023
Reset spread (%)				1.06%
3.224% subordinated debentures due July 25, 2029 [member]
Disclosure of detailed information about borrowings [line items]
NVCC Provisions, maximum number of common shares that could be issued				450
Interest rate				3.224%
Maturity date				July 25, 2029
Notes issued				$ 1,561	1,509
Earliest par redemption date				Jul. 25, 2024
Reset spread (%)				1.25%
3.105% Subordinated Debentures due April 22, 2030 [member]
Disclosure of detailed information about borrowings [line items]
NVCC Provisions, maximum number of common shares that could be issued				900
Interest rate			3.105%	3.105%
Maturity date				April 22, 2030
Notes issued			$ 3,000	$ 2,974
Earliest par redemption date			Apr. 22, 2025	Apr. 22, 2025
Reset spread (%)			2.16%	2.16%
Borrowings interest rate basis			Three-month Bankers' Acceptance rate
4.859% subordinated debentures due March 4, 2031 [member]
Disclosure of detailed information about borrowings [line items]
NVCC Provisions, maximum number of common shares that could be issued				375
Interest rate				4.859%
Maturity date				March 4, 2031
Notes issued				$ 1,279	1,206
Earliest par redemption date				Mar. 4, 2026
Reset spread (%)				3.49%
3.625% subordinated debentures due September 15, 2031 [member]
Disclosure of detailed information about borrowings [line items]
NVCC Provisions, maximum number of common shares that could be issued				450
NVCC Provisions, key assumption				Canadian to U.S. dollar exchange rate of 1.00
Interest rate				3.625%
Maturity date				September 15, 2031
Notes issued				$ 1,881	1,842
Earliest par redemption date				Sep. 15, 2026
Reset spread (%)				2.205%
3.06% Subordinated Debentures due January 26, 2032 [member]
Disclosure of detailed information about borrowings [line items]
NVCC Provisions, maximum number of common shares that could be issued				525
Interest rate				3.06%
Maturity date				January 26, 2032
Notes issued				$ 1,839	$ 1,740
Earliest par redemption date				Jan. 26, 2027
Reset spread (%)				1.33%
Top of range [member] | 3.105% Subordinated Debentures due April 22, 2030 [member]
Disclosure of detailed information about borrowings [line items]
Number of days of notice required to redemption			60 days
Bottom of range [member] | 3.105% Subordinated Debentures due April 22, 2030 [member]
Disclosure of detailed information about borrowings [line items]
Number of days of notice required to redemption			30 days

Subordinated Notes And Debent_5

Subordinated Notes And Debentures - Maturities of Subordinated Notes and Debentures (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Subordinated notes and debentures	$ 11,477	$ 10,725
Over 4 years to 5 years [member]
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Subordinated notes and debentures	200
Over 5 years [member]
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Subordinated notes and debentures	$ 11,277	$ 10,725

Capital Trust Securities - Addi

Capital Trust Securities - Additional Information (Detail) $ in Billions	1 Months Ended
	Dec. 31, 2018CAD ($)
TD Capital Trust III [member] | TD Capital Trust III Securities - Series 2008 [member]
Disclosure of trust capital securities [line items]
Redemption of non-controlling interests in subsidiaries	$ 1

Capital Trust Securities - Summ

Capital Trust Securities - Summary of Capital Trust Securities (Detail) - TD Capital Trust IV [member] Securities in Thousands, $ in Millions	12 Months Ended
	Oct. 31, 2020CAD ($)Securities	Oct. 31, 2019CAD ($)
Disclosure of trust capital securities [line items]
Number of capital trust securities | Securities	1,200
Principal amount | $	$ 1,200	$ 1,200
TD Capital Trust IV Notes - Series 2 [member]
Disclosure of trust capital securities [line items]
Number of capital trust securities | Securities	450
Distribution/Interest payment dates	June 30, Dec. 31
Annual yield	10.00%
Redemption date at the option issuer	Jun. 30, 2014
Principal amount | $	$ 450	450
TD Capital Trust IV Notes - Series 3 [member]
Disclosure of trust capital securities [line items]
Number of capital trust securities | Securities	750
Distribution/Interest payment dates	June 30, Dec. 31
Annual yield	6.631%
Redemption date at the option issuer	Dec. 31, 2014
Principal amount | $	$ 750	$ 750

Capital Trust Securities - Su_2

Capital Trust Securities - Summary of Capital Trust Securities (Parenthetical) (Detail) - TD Capital Trust IV [member]	12 Months Ended
	Oct. 31, 2020
TD Capital Trust IV Notes - Series 2 [member] | Starting on June 30, 2039 [Member]
Disclosure of trust capital securities [line items]
Capital Trust, reset period	5 years
TD Capital Trust IV Notes - Series 2 [member] | Five Year Government of Canada Yield [member] | Starting on June 30, 2039 [Member]
Disclosure of trust capital securities [line items]
Capital Trust Securities, interest rate plus on base rate	9.735%
TD Capital Trust IV Notes - Series 3 [member] | Starting on June 30, 2021 [Member]
Disclosure of trust capital securities [line items]
Capital Trust, reset period	5 years
TD Capital Trust IV Notes - Series 3 [member] | Five Year Government of Canada Yield [member] | Starting on June 30, 2021 [Member]
Disclosure of trust capital securities [line items]
Capital Trust Securities, interest rate plus on base rate	4.00%

Equity - Summary of Classes of

Equity - Summary of Classes of Share Capital - Common Shares (Detail) - CAD ($) shares in Millions, $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Disclosure of classes of share capital [line items]
Balance at beginning of year	$ 87,701	$ 80,040
Balance at end of period	$ 95,499	$ 87,701	$ 80,040
Issued capital [member] | Common shares [member]
Disclosure of classes of share capital [line items]
Beginning balance, Number of shares	1,812.5	1,830.4
Proceeds from shares issued on exercise of stock options, Number of shares	1.5	2.3
Shares issued as a result of dividend reinvestment plan, Number of shares	14.1	4.8
Shares issued in connection with acquisitions		5
Purchase of shares for cancellation and other, Number of Shares	(12)	(30)
Ending balance, Number of shares	1,816.1	1,812.5	1,830.4
Balance at beginning of year	$ 21,713	$ 21,221	$ 20,931
Proceeds from shares issued on exercise of stock options, Amount	79	124	152
Shares issued as a result of dividend reinvestment plan	838	357
Shares issued in connection with acquisitions, Amount		366
Purchase of shares for cancellation and other, Amount	(143)	(355)	(228)
Balance at end of period	$ 22,487	$ 21,713	$ 21,221

Equity - Summary of Classes o_2

Equity - Summary of Classes of Share Capital - Preferred Shares (Detail) - CAD ($) shares in Millions, $ in Millions	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018	Nov. 01, 2017
Disclosure of classes of share capital [line items]
Amount	$ 95,499	$ 87,701	$ 80,040
Preferred shares [member] | Issued capital [member]
Disclosure of classes of share capital [line items]
Number of shares	226	232
Amount	$ 5,650	$ 5,800	$ 5,000	$ 4,750
Preferred shares [member] | Issued capital [member] | Preferred shares class A series 1 [member]
Disclosure of classes of share capital [line items]
Number of shares	20	20
Amount	$ 500	$ 500
Preferred shares [member] | Issued capital [member] | Preferred shares class A series 3 [member]
Disclosure of classes of share capital [line items]
Number of shares	20	20
Amount	$ 500	$ 500
Preferred shares [member] | Issued capital [member] | Preferred shares class A series 5 [member]
Disclosure of classes of share capital [line items]
Number of shares	20	20
Amount	$ 500	$ 500
Preferred shares [member] | Issued capital [member] | Preferred shares class A series 7 [member]
Disclosure of classes of share capital [line items]
Number of shares	14	14
Amount	$ 350	$ 350
Preferred shares [member] | Issued capital [member] | Preferred shares class A series 9 [member]
Disclosure of classes of share capital [line items]
Number of shares	8	8
Amount	$ 200	$ 200
Preferred shares [member] | Issued capital [member] | Preferred shares class A series 11 [member]
Disclosure of classes of share capital [line items]
Number of shares		6
Amount		$ 150
Preferred shares [member] | Issued capital [member] | Preferred shares class A series 12 [member]
Disclosure of classes of share capital [line items]
Number of shares	28	28
Amount	$ 700	$ 700
Preferred shares [member] | Issued capital [member] | Preferred shares class A series 14 [member]
Disclosure of classes of share capital [line items]
Number of shares	40	40
Amount	$ 1,000	$ 1,000
Preferred shares [member] | Issued capital [member] | Preferred shares class A series 16 [member]
Disclosure of classes of share capital [line items]
Number of shares	14	14
Amount	$ 350	$ 350
Preferred shares [member] | Issued capital [member] | Preferred shares class A series 18 [member]
Disclosure of classes of share capital [line items]
Number of shares	14	14
Amount	$ 350	$ 350
Preferred shares [member] | Issued capital [member] | Preferred shares class A series 20 [member]
Disclosure of classes of share capital [line items]
Number of shares	16	16
Amount	$ 400	$ 400
Preferred shares [member] | Issued capital [member] | Preferred Shares Class Series Twenty Two [member]
Disclosure of classes of share capital [line items]
Number of shares	14	14
Amount	$ 350	$ 350
Preferred shares [member] | Issued capital [member] | Preferred Shares Class Series Twenty Four [member]
Disclosure of classes of share capital [line items]
Number of shares	18	18
Amount	$ 450	$ 450

Equity - Summary of Classes o_3

Equity - Summary of Classes of Share Capital - Treasury Shares (Detail) - CAD ($) shares in Millions, $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Disclosure of classes of share capital [line items]
Balance at beginning of year	$ 87,701	$ 80,040
Balance at end of period	$ 95,499	$ 87,701	$ 80,040
Treasury shares [member] | Common shares [member]
Disclosure of classes of share capital [line items]
Beginning balance, Number of shares	0.6	2.1
Purchase of shares, Number of shares	135.6	132.3
Sale of shares, Number of shares	(135.7)	(133.8)
Ending balance, Number of shares	0.5	0.6	2.1
Balance at beginning of year	$ (41)	$ (144)	$ (176)
Purchase of shares, Amount	(8,752)	(9,782)	(8,295)
Sale of shares, Amount	8,756	9,885	8,327
Balance at end of period	$ (37)	$ (41)	$ (144)
Treasury shares [member] | Preferred shares [member]
Disclosure of classes of share capital [line items]
Beginning balance, Number of shares	0.3	0.3
Purchase of shares, Number of shares	6	7
Sale of shares, Number of shares	(6.2)	(7)
Ending balance, Number of shares	0.1	0.3	0.3
Balance at beginning of year	$ (6)	$ (7)	$ (7)
Purchase of shares, Amount	(122)	(151)	(129)
Sale of shares, Amount	124	152	129
Balance at end of period	$ (4)	$ (6)	$ (7)

Equity - Summary of Classes o_4

Equity - Summary of Classes of Share Capital - Common Shares (Parenthetical) (Detail) - Common shares [member] - Greystone Capital Management Inc. [member] shares in Millions, $ in Millions	Nov. 01, 2018CAD ($)shares
Disclosure of classes of share capital [line items]
Common shares issued | shares	4.7
Purchase consideration paid in shares, value | $	$ 342
Stock based compensation [member]
Disclosure of classes of share capital [line items]
Common shares issued | shares	0.3
Share-based compensation replacement number of shares value | $	$ 24

Equity - Summary of Classes o_5

Equity - Summary of Classes of Share Capital - Preferred Shares (Parenthetical) (Detail) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Oct. 31, 2020CAD ($)$ / sharesshares
Non viability contingent capital series one [member]
Disclosure of classes of share capital [line items]
Maximum number of common shares that could be issued if a NVCC conversion were to occur in accordance with the NVCC Provisions	100
Non Viability Contingent Capital Series 3 [member]
Disclosure of classes of share capital [line items]
Maximum number of common shares that could be issued if a NVCC conversion were to occur in accordance with the NVCC Provisions	100
Non viability contingent capital series five [member]
Disclosure of classes of share capital [line items]
Maximum number of common shares that could be issued if a NVCC conversion were to occur in accordance with the NVCC Provisions	100
Non viability contingent capital series seven [member]
Disclosure of classes of share capital [line items]
Maximum number of common shares that could be issued if a NVCC conversion were to occur in accordance with the NVCC Provisions	70
Non viability contingent capital series nine [member]
Disclosure of classes of share capital [line items]
Maximum number of common shares that could be issued if a NVCC conversion were to occur in accordance with the NVCC Provisions	40
Non viability contingent capital series twelve [member]
Disclosure of classes of share capital [line items]
Maximum number of common shares that could be issued if a NVCC conversion were to occur in accordance with the NVCC Provisions	140
Non viability contingent capital series fourteen [member]
Disclosure of classes of share capital [line items]
Maximum number of common shares that could be issued if a NVCC conversion were to occur in accordance with the NVCC Provisions	200
Non viability contingent capital series sixteen [member]
Disclosure of classes of share capital [line items]
Maximum number of common shares that could be issued if a NVCC conversion were to occur in accordance with the NVCC Provisions	70
Non Viability Contingent Capital Series Eighteen [member]
Disclosure of classes of share capital [line items]
Maximum number of common shares that could be issued if a NVCC conversion were to occur in accordance with the NVCC Provisions	70
Non Viability Contingent Capital Series Twenty [member]
Disclosure of classes of share capital [line items]
Maximum number of common shares that could be issued if a NVCC conversion were to occur in accordance with the NVCC Provisions	80
Non-viability Contingent Capital Series 22 [member]
Disclosure of classes of share capital [line items]
Maximum number of common shares that could be issued if a NVCC conversion were to occur in accordance with the NVCC Provisions	70
Non Viability Contingent Capital Series 24 [member]
Disclosure of classes of share capital [line items]
Maximum number of common shares that could be issued if a NVCC conversion were to occur in accordance with the NVCC Provisions	90
Preferred shares class A series 11 [member]
Disclosure of classes of share capital [line items]
Number of shares	6
Redemption price per share | $ / shares	$ 26
Total redemption costs | $	$ 156

Equity - Preferred Shares Terms

Equity - Preferred Shares Terms and Conditions (Detail)	12 Months Ended
	Oct. 31, 2020
Rate reset preferred shares series 1 [member]
Disclosure of classes of share capital [line items]
Issue date	Jun. 4, 2014
Annual yield	3.662%
Reset spread	2.24%
Next redemption/ conversion date	Oct. 31, 2024
Convertible into	Series 2
Rate reset preferred shares series 3 [member]
Disclosure of classes of share capital [line items]
Issue date	Jul. 31, 2014
Annual yield	3.681%
Reset spread	2.27%
Next redemption/ conversion date	Jul. 31, 2024
Convertible into	Series 4
Rate reset preferred shares series 5 [member]
Disclosure of classes of share capital [line items]
Issue date	Dec. 16, 2014
Annual yield	3.876%
Reset spread	2.25%
Next redemption/ conversion date	Jan. 31, 2025
Convertible into	Series 6
Rate reset preferred shares series 7 [member]
Disclosure of classes of share capital [line items]
Issue date	Mar. 10, 2015
Annual yield	3.201%
Reset spread	2.79%
Next redemption/ conversion date	Jul. 31, 2025
Convertible into	Series 8
Rate reset preferred shares series 9 [member]
Disclosure of classes of share capital [line items]
Issue date	Apr. 24, 2015
Annual yield	3.242%
Reset spread	2.87%
Next redemption/ conversion date	Oct. 31, 2025
Convertible into	Series 10
Rate reset preferred shares series 12 [member]
Disclosure of classes of share capital [line items]
Issue date	Jan. 14, 2016
Annual yield	5.50%
Reset spread	4.66%
Next redemption/ conversion date	Apr. 30, 2021
Convertible into	Series 13
Rate reset preferred shares series 14 [member]
Disclosure of classes of share capital [line items]
Issue date	Sep. 8, 2016
Annual yield	4.85%
Reset spread	4.12%
Next redemption/ conversion date	Oct. 31, 2021
Convertible into	Series 15
Rate reset preferred shares series 16 [member]
Disclosure of classes of share capital [line items]
Issue date	Jul. 14, 2017
Annual yield	4.50%
Reset spread	3.01%
Next redemption/ conversion date	Oct. 31, 2022
Convertible into	Series 17
Rate reset preferred shares series 18 [member]
Disclosure of classes of share capital [line items]
Issue date	Mar. 14, 2018
Annual yield	4.70%
Reset spread	2.70%
Next redemption/ conversion date	Apr. 30, 2023
Convertible into	Series 19
Rate reset preferred shares series twenty [member]
Disclosure of classes of share capital [line items]
Issue date	Sep. 13, 2018
Annual yield	4.75%
Reset spread	2.59%
Next redemption/ conversion date	Oct. 31, 2023
Convertible into	Series 21
Rate reset preferred shares series twenty two[member]
Disclosure of classes of share capital [line items]
Issue date	Jan. 28, 2019
Annual yield	5.20%
Reset spread	3.27%
Next redemption/ conversion date	Apr. 30, 2024
Convertible into	Series 23
Rate reset preferred shares series twenty four [member]
Disclosure of classes of share capital [line items]
Issue date	Jun. 4, 2019
Annual yield	5.10%
Reset spread	3.56%
Next redemption/ conversion date	Jul. 31, 2024
Convertible into	Series 25

Equity - Preferred Shares Ter_2

Equity - Preferred Shares Terms and Conditions (Parenthetical) (Detail) - $ / shares shares in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 16, 2020	Jul. 16, 2020	Jan. 16, 2020
Rate reset preferred shares series 5 [member]
Disclosure of classes of share capital [line items]
Number of shares				20
Dividend rate				3.876%
Rate reset preferred shares series 7 [member]
Disclosure of classes of share capital [line items]
Number of shares			14
Dividend rate			3.201%
Rate reset preferred shares series 9 [member]
Disclosure of classes of share capital [line items]
Number of shares		8
Dividend rate		3.242%
Rate Reset Preferred Shares [member]
Disclosure of classes of share capital [line items]
Redemption price per share	$ 25
Rate Reset Preferred Shares [member] | Floating Rate Preferred Shares [member]
Disclosure of classes of share capital [line items]
Next redemption/conversion date, period	5 years
Floating Rate Preferred Shares [member]
Disclosure of classes of share capital [line items]
Redemption price per share	$ 25

Equity - Additional Information

Equity - Additional Information (Detail) - CAD ($) $ / shares in Units, shares in Millions, $ in Millions	Mar. 13, 2020	Dec. 19, 2019	Oct. 31, 2020	Oct. 31, 2019
Disclosure of classes of share capital [line items]
Percentages of risk-weighted assets decrease in domestic stability buffer	1.25%
Normal Course Issuer Bid [member] | Share repurchase program December 24, 2019 to December 23, 2020 [member]
Disclosure of classes of share capital [line items]
Maximum number of shares approved for repurchase		30
Normal Course Issuer Bid [member] | Share repurchase program June 18, 2019 to December 23, 2019 [member]
Disclosure of classes of share capital [line items]
Common shares repurchase programs			12	30
Repurchased average price per share			$ 70.55	$ 74.48
Repurchases amount			$ 847	$ 2,200
Dividend reinvestment plan [member] | Discount at 2% [member]
Disclosure of classes of share capital [line items]
Common shares at a discount			10
Dividend reinvestment plan [member] | Discount at 0% [member]
Disclosure of classes of share capital [line items]
Common shares at a discount			4.1	4.8
Bottom of range [member] | Dividend reinvestment plan [member]
Disclosure of classes of share capital [line items]
Percentage of discount reinvestment of dividend in to common shares			0.00%
Top of range [member] | Dividend reinvestment plan [member]
Disclosure of classes of share capital [line items]
Percentage of discount reinvestment of dividend in to common shares			5.00%

Insurance - Summary of Amounts

Insurance - Summary of Amounts Arising from Insurance Contracts (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Disclosure of amounts arising from insurance contracts [line items]
Earned premiums	$ 4,202	$ 3,717	$ 3,483
Fee income and other revenue	363	565	562
Insurance Claims and Related Expenses	2,886	2,787	2,444
Insurance Revenue	4,565	4,282	4,045
Gross amount arising from insurance contracts [member]
Disclosure of amounts arising from insurance contracts [line items]
Earned premiums	4,845	4,632	4,398
Insurance Claims and Related Expenses	3,380	2,987	2,676
Reinsurer's share of amount arising from insurance contracts [member]
Disclosure of amounts arising from insurance contracts [line items]
Earned premiums	643	915	915
Insurance Claims and Related Expenses	$ 494	$ 200	$ 232

Insurance - Summary of Amount_2

Insurance - Summary of Amounts Arising from Insurance Contracts (Parenthetical) (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Disclosure of amounts arising from insurance contracts [abstract]
Ceding commissions paid and netted against fee income	$ 92	$ 123	$ 130

Insurance - Summary of Movement

Insurance - Summary of Movement in Provisions for Unpaid Claims (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Disclosure Of Movement In Provisions For Unpaid Claims [line items]
Balance as at beginning of year	$ 4,699	$ 4,652
Claims costs for current accident year	2,646	2,727
Prior accident years claims development (favourable) unfavourable	(349)	(408)
Discount rate	123	94
Provision for adverse deviation	21	(6)
Claims and related expenses	2,441	2,407
Current accident year	(1,167)	(1,239)
Prior accident years	(1,077)	(1,121)
Cash paid for claims	(2,244)	(2,360)
Balance as at end of year	4,896	4,699
Gross amount arising from insurance contracts [member]
Disclosure Of Movement In Provisions For Unpaid Claims [line items]
Balance as at beginning of year	4,840	4,812
Claims costs for current accident year	2,948	2,727
Prior accident years claims development (favourable) unfavourable	(354)	(410)
Discount rate	123	95
Provision for adverse deviation	25	(7)
Claims and related expenses	2,742	2,405
Current accident year	(1,346)	(1,239)
Prior accident years	(1,084)	(1,147)
Cash paid for claims	(2,430)	(2,386)
Increase (decrease) in reinsurance/other recoverables	(10)	9
Balance as at end of year	5,142	4,840
Reinsurance/ other recoverable [member]
Disclosure Of Movement In Provisions For Unpaid Claims [line items]
Balance as at beginning of year	141	160
Claims costs for current accident year	302
Prior accident years claims development (favourable) unfavourable	(5)	(2)
Discount rate		1
Provision for adverse deviation	4	(1)
Claims and related expenses	301	(2)
Current accident year	(179)
Prior accident years	(7)	(26)
Cash paid for claims	(186)	(26)
Increase (decrease) in reinsurance/other recoverables	(10)	9
Balance as at end of year	$ 246	$ 141

Insurance - Summary of Moveme_2

Insurance - Summary of Movement in Provisions for Unearned Premiums (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Disclosure Of Movement In Provisions For Unearned Premiums [line items]
Earned premiums	$ 4,202	$ 3,717	$ 3,483
Property liability and casualty insurance segment [member]
Disclosure Of Movement In Provisions For Unearned Premiums [line items]
Balance as at beginning of year	1,852	1,655
Written premiums	3,752	3,423
Earned premiums	(3,505)	(3,226)
Balance as at end of year	2,099	1,852	1,655
Gross amount arising from insurance contracts [member]
Disclosure Of Movement In Provisions For Unearned Premiums [line items]
Earned premiums	4,845	4,632	4,398
Gross amount arising from insurance contracts [member] | Property liability and casualty insurance segment [member]
Disclosure Of Movement In Provisions For Unearned Premiums [line items]
Balance as at beginning of year	1,869	1,674
Written premiums	3,879	3,528
Earned premiums	(3,625)	(3,333)
Balance as at end of year	2,123	1,869	1,674
Reinsurer's share of amount arising from insurance contracts [member]
Disclosure Of Movement In Provisions For Unearned Premiums [line items]
Earned premiums	643	915	915
Reinsurer's share of amount arising from insurance contracts [member] | Property liability and casualty insurance segment [member]
Disclosure Of Movement In Provisions For Unearned Premiums [line items]
Balance as at beginning of year	17	19
Written premiums	127	105
Earned premiums	(120)	(107)
Balance as at end of year	$ 24	$ 17	$ 19

Insurance - Additional Informat

Insurance - Additional Information (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Disclosure Of Other Movements In Insurance Liabilities [line items]
Other insurance liabilities	$ 325	$ 211
Increase Decrease of due to business growth	$ 114	$ 1
Ontario [member]
Disclosure Of Other Movements In Insurance Liabilities [line items]
Percentage of net written premiums	52.30%	53.90%
Western Provinces [member]
Disclosure Of Other Movements In Insurance Liabilities [line items]
Percentage of net written premiums	31.70%	31.20%
Atlantic Provinces [member]
Disclosure Of Other Movements In Insurance Liabilities [line items]
Percentage of net written premiums	9.40%	8.80%
Quebec [member]
Disclosure Of Other Movements In Insurance Liabilities [line items]
Percentage of net written premiums	6.60%	6.10%
Automobile policies [member]
Disclosure Of Other Movements In Insurance Liabilities [line items]
Percentage of net written premiums	66.30%	66.00%
Residential [member]
Disclosure Of Other Movements In Insurance Liabilities [line items]
Percentage of net written premiums	33.30%	33.50%

Insurance - Incurred Claims by

Insurance - Incurred Claims by Accident Year (Detail) $ in Millions	12 Months Ended
	Oct. 31, 2020CAD ($)
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net undiscounted provision for unpaid claims	$ 4,662
Effect of discounting	(195)
Provision for adverse deviation	429
Net provision for unpaid claims	4,896
2011And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	4,230
Current estimates of cumulative claims	4,466
Cumulative payments to date	(4,337)
Net undiscounted provision for unpaid claims	129
2012 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	1,830
Current estimates of cumulative claims	1,754
Cumulative payments to date	(1,695)
Net undiscounted provision for unpaid claims	59
2013 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	2,245
Current estimates of cumulative claims	1,982
Cumulative payments to date	(1,911)
Net undiscounted provision for unpaid claims	71
2014 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	2,465
Current estimates of cumulative claims	2,044
Cumulative payments to date	(1,914)
Net undiscounted provision for unpaid claims	130
2015 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	2,409
Current estimates of cumulative claims	2,115
Cumulative payments to date	(1,878)
Net undiscounted provision for unpaid claims	237
2016 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	2,438
Current estimates of cumulative claims	2,200
Cumulative payments to date	(1,831)
Net undiscounted provision for unpaid claims	369
2017 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	2,425
Current estimates of cumulative claims	2,201
Cumulative payments to date	(1,688)
Net undiscounted provision for unpaid claims	513
Two thousand eighteen [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	2,631
Current estimates of cumulative claims	2,573
Cumulative payments to date	(1,866)
Net undiscounted provision for unpaid claims	707
Two Thousand and Nineteen [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	2,727
Current estimates of cumulative claims	2,684
Cumulative payments to date	(1,716)
Net undiscounted provision for unpaid claims	968
2020 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	2,646
Current estimates of cumulative claims	2,646
Cumulative payments to date	(1,167)
Net undiscounted provision for unpaid claims	1,479
Later than 1 year [member] | 2011And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	4,483
Later than 1 year [member] | 2012 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	1,930
Later than 1 year [member] | 2013 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,227
Later than 1 year [member] | 2014 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,334
Later than 1 year [member] | 2015 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,367
Later than 1 year [member] | 2016 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,421
Later than 1 year [member] | 2017 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,307
Later than 1 year [member] | Two thousand eighteen [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,615
Later than 1 year [member] | Two Thousand and Nineteen [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,684
Later than Two Years [member] | 2011And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	4,794
Later than Two Years [member] | 2012 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	1,922
Later than Two Years [member] | 2013 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,191
Later than Two Years [member] | 2014 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,280
Later than Two Years [member] | 2015 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,310
Later than Two Years [member] | 2016 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,334
Later than Two Years [member] | 2017 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,258
Later than Two Years [member] | Two thousand eighteen [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,573
Later than three years [member] | 2011And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	4,726
Later than three years [member] | 2012 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	1,885
Later than three years [member] | 2013 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,158
Later than three years [member] | 2014 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,225
Later than three years [member] | 2015 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,234
Later than three years [member] | 2016 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,264
Later than three years [member] | 2017 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,201
Later than four year [member] | 2011And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	4,758
Later than four year [member] | 2012 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	1,860
Later than four year [member] | 2013 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,097
Later than four year [member] | 2014 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,147
Later than four year [member] | 2015 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,162
Later than four year [member] | 2016 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,200
Over 5 years [member] | 2011And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	4,663
Over 5 years [member] | 2012 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	1,818
Over 5 years [member] | 2013 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,047
Over 5 years [member] | 2014 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,084
Over 5 years [member] | 2015 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,115
Later Than Six Years [member] | 2011And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	4,577
Later Than Six Years [member] | 2012 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	1,793
Later Than Six Years [member] | 2013 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,004
Later Than Six Years [member] | 2014 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,044
Later Than Seven Years [member] | 2011And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	4,556
Later Than Seven Years [member] | 2012 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	1,761
Later Than Seven Years [member] | 2013 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	1,982
Later Than Eight Years [member] | 2011And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	4,493
Later Than Eight Years [member] | 2012 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	1,754
Later Than Nine Years [member] | 2011And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	$ 4,466

Insurance - Sensitivity of Crit

Insurance - Sensitivity of Critical Assumptions - Property and Casualty insurance Contract Liabilities (Detail) - Property liability and casualty insurance segment [member] - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Impact of one percent change in discount rate in key assumptions[member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Increase in assumption	$ 130	$ 122
Decrease in assumption	(140)	(131)
Increase in assumption	96	89
Decrease in assumption	(103)	(96)
Impact of one percent change in margin for adverse deviation in key assumptions[member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Increase in assumption	(47)	(45)
Decrease in assumption	47	45
Increase in assumption	(35)	(33)
Decrease in assumption	35	33
Impact of five percent change in frequency of claims in key assumptions [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Increase in assumption	(52)	(52)
Decrease in assumption	52	52
Increase in assumption	(39)	(38)
Decrease in assumption	39	38
Impact of five percent change in severity of claims in key assumptions [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Increase in assumption	(225)	(220)
Decrease in assumption	225	220
Increase in assumption	(166)	(161)
Decrease in assumption	$ 166	$ 161

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Detail) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Oct. 31, 2020CAD ($)$ / sharesshares	Oct. 31, 2019CAD ($)$ / sharesshares	Oct. 31, 2018CAD ($)$ / sharesshares
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Compensation expense, net of effects of related hedges	$ 500	$ 546	$ 509
Compensation expense, before effects of related hedges	206	662	607
Liabilities related to share based compensation plans	1,500	2,000
Contribution from employer	463	352
Stock Option Awards [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Compensation expense	$ 11.2	$ 11.1	$ 11.5
Granted	2,100,000	2,200,000	1,900,000
Weighted average fair value of options granted | $ / shares	$ 5.55	$ 5.64	$ 6.28
Employee Stock Options [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Options vesting period	Compensation expense is recognized based on the fair value of the share units at the grant date adjusted for changes in fair value between the grant date and the vesting date, net of hedging activities, over the service period required for employees to become fully entitled to the awards. This period is generally equal to the vesting period, in addition to a period prior to the grant date. For the Bank's share units, this period is generally equal to four years.
Options, term	The cost of the share options is based on the fair value estimated at the grant date and is recognized as compensation expense and contributed surplus over the service period required for employees to become fully entitled to the awards. This period is generally equal to the vesting period in addition to a period prior to the grant date. For the Bank's share options, this period is generally equal to five years. When options are exercised, the amount initially recognized in the contributed surplus balance is reduced, with a corresponding increase in common shares.
Weighted average share price for the options exercised | $ / shares	$ 70.21	$ 74.15	$ 74.99
Granted	2,100,000	2,200,000	1,900,000
Employee Stock Options [member] | Key management personnel of entity or parent [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Common shares reserved for future issuance | shares	14	16	18
Options vesting period	P10Y
Options, term	P4Y
Restricted Share Unit And Performance Share Unit Plans [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Number of other equity instruments outstanding in share based payment arrangement	22,000,000	22,000,000
Restricted Share Unit And Performance Share Unit Plans [member] | Bottom of range [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Percentage of number of units outstanding at maturity determining final number of performance share units	80.00%
Restricted Share Unit And Performance Share Unit Plans [member] | Top of range [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Percentage of number of units outstanding at maturity determining final number of performance share units	120.00%
Deferred share unit plans [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Number of other equity instruments outstanding in share based payment arrangement	6,800,000	6,600,000
Employee ownership plan [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Description of employee ownership plan contribution	Employees can contribute any amount of their eligible earnings (net of source deductions), subject to an annual cap of 10% of salary to the Employee Ownership Plan. For participating employees below the level of Vice President, the Bank matches 100% of the first $250 of employee contributions each year and the remainder of employee contributions at 50% to an overall maximum of 3.5% of the employee's eligible earnings or $2,250, whichever comes first.
Contribution from employer	$ 82	$ 74	$ 72
Common shares held under employee ownership plan	22,000,000	20,000,000

Share-Based Compensation - Stoc

Share-Based Compensation - Stock Option Activity (Detail) - Employee Stock Options [member] $ / shares in Units, pure in Millions	12 Months Ended
	Oct. 31, 2020CAD ($)$ / shares	Oct. 31, 2019CAD ($)$ / shares	Oct. 31, 2018CAD ($)$ / shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number outstanding, beginning of year	12.8	13.1	14.3
Granted	2.1	2.2	1.9
Exercised	(1.5)	(2.3)	(3)
Forfeited/expired	(0.3)	(0.2)	(0.1)
Number outstanding, end of year	13.1	12.8	13.1
Exercisable, end of year	5.4	4.7	4.7
Number outstanding, beginning of year, Weighted average exercise price | $	$ 57.35	$ 53.12	$ 48.17
Granted, Weighted average exercise price	$ 72.84	$ 69.39	$ 72.64
Exercised, Weighted average exercise price	43.60	44.07	41.21
Forfeited/expired, Weighted average exercise price	$ 65.99	$ 66.59	$ 60.46
Number outstanding, end of year, Weighted average exercise price | $	$ 61.27	$ 57.35	$ 53.12
Exercisable, end of year, Weighted average exercise price	$ 48.50	$ 44.77	$ 40.61

Share-Based Compensation - Rang

Share-Based Compensation - Range of Exercise Prices (Detail) - Employee Stock Options [member] pure in Millions	12 Months Ended
	Oct. 31, 2020$ / shares	Oct. 31, 2019$ / shares	Oct. 31, 2018$ / shares	Nov. 01, 2017
Disclosure of range of exercise prices of outstanding share options [line items]
Number of shares options outstanding	13.1	12.8	13.1	14.3
Number of shares exercisable	5.4	4.7	4.7
Weighted- average exercise price	$ 48.50	$ 44.77	$ 40.61
$36.63 - $36.64 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number of shares options outstanding	0.5
Weighted- average remaining contractual life (years)	1 year
Weighted- average exercise price	$ 36.63
Number of shares exercisable	0.5
Weighted- average exercise price	$ 36.63
$40.54 - $47.59 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number of shares options outstanding	1.8
Weighted- average remaining contractual life (years)	2 years 6 months
Weighted- average exercise price	$ 44.27
Number of shares exercisable	1.8
Weighted- average exercise price	$ 44.27
$52.46 - $53.15 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number of shares options outstanding	3.1
Weighted- average remaining contractual life (years)	4 years 7 months 6 days
Weighted- average exercise price	$ 52.87
Number of shares exercisable	3.1
Weighted- average exercise price	$ 52.87
$65.75 - $69.39 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number of shares options outstanding	3.9
Weighted- average remaining contractual life (years)	7 years 1 month 6 days
Weighted- average exercise price	$ 67.66
$72.64 - $72.84 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number of shares options outstanding	3.8
Weighted- average remaining contractual life (years)	8 years 1 month 6 days
Weighted- average exercise price	$ 72.75

Share-based Compensation - Sche

Share-based Compensation - Schedule of Assumptions Used for Estimating the Fair Value of Options (Detail) - Options [member]	12 Months Ended
	Oct. 31, 2020yr$ / shares	Oct. 31, 2019yr$ / shares	Oct. 31, 2018yr$ / shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Risk-free interest rate	1.59%	2.03%	1.71%
Expected option life, years | yr	0	0	0
Expected volatility	12.90%	12.64%	13.91%
Expected dividend yield	3.50%	3.48%	3.50%
Exercise price/share price | $ / shares	$ 72.84	$ 69.39	$ 72.64

Employee Benefits - Additional

Employee Benefits - Additional Information (Detail) Years in Millions, $ in Millions	12 Months Ended
	Oct. 31, 2020CAD ($)Years	Oct. 31, 2019CAD ($)Years	Oct. 31, 2018Years
Disclosure of defined benefit plans [line items]
Contributions to plan	$ 463	$ 352
Investments of principal pension plans	The principal defined benefit plans are expected to each achieve a rate of return that meets or exceeds the change in value of the plan's respective liabilities over rolling five-year periods. The investments are managed with the primary objective of providing reasonable rates of return, consistent with available market opportunities, consideration of plan liabilities, prudent portfolio management, and the target risk profiles for the plans. The investment policies for the principal defined benefit pension plans generally do not apply to the Pension Enhancement Account (PEA) assets, which are invested at the members' discretion in certain mutual and pooled funds.
Society and TD Pension Plan [member]
Disclosure of defined benefit plans [line items]
Description of equity portfolio of pension plans	The equity portfolios of the principal defined benefit pension plans are broadly diversified primarily across medium to large capitalization quality companies with no individual holding exceeding 10% of the equity portfolio. Foreign equities are included to further diversify the portfolio.
Percentage of maximum possible fund invested in emerging market equities	10.00%
Principal pension plans [member]
Disclosure of defined benefit plans [line items]
Weighted-average duration of the defined benefit obligation | Years	16	16	15
Principal pension plans [member] | Expected additional contribution for remainder of year [member]
Disclosure of defined benefit plans [line items]
Contributions to plan	$ 550
Principal non-pension post-retirement benefit plan [member]
Disclosure of defined benefit plans [line items]
Weighted-average duration of the defined benefit obligation | Years	15	18	17
Principal non-pension post-retirement benefit plan [member] | Expected additional contribution for remainder of year [member]
Disclosure of defined benefit plans [line items]
Contributions to plan	$ 18
Other pension and retirement plans [member]
Disclosure of defined benefit plans [line items]
Weighted-average duration of the defined benefit obligation | Years	13	13	12
Other pension and retirement plans [member] | Expected additional contribution for remainder of year [member]
Disclosure of defined benefit plans [line items]
Contributions to plan	$ 42

Employee Benefits - Summary of

Employee Benefits - Summary of Plan Asset Allocation Plan Asset Allocation (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Society [Member]
Disclosure of fair value of plan assets [line items]
Percentage of total	100.00%	100.00%	100.00%
Society [Member] | Fair Value Quoted [member]
Disclosure of fair value of plan assets [line items]
Equity	$ 685	$ 1,002	$ 897
Total	685	1,002	897
Society [Member] | Fair Value Unquoted [member]
Disclosure of fair value of plan assets [line items]
Debt	3,670	3,374	2,885
Equity	1,402	976	869
Alternative investments	899	760	551
Other	(685)	(276)	(107)
Total	$ 5,286	$ 4,834	$ 4,198
Society [Member] | Debt securities [member]
Disclosure of fair value of plan assets [line items]
Percentage of total	55.00%	55.00%	55.00%
Society [Member] | Debt securities [member] | Minimum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	30.00%	40.00%	40.00%
Society [Member] | Debt securities [member] | Maximum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	(70.00%)	(70.00%)	(70.00%)
Society [Member] | Equity [member]
Disclosure of fair value of plan assets [line items]
Percentage of total	31.00%	32.00%	34.00%
Society [Member] | Equity [member] | Minimum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	24.00%	24.00%	24.00%
Society [Member] | Equity [member] | Maximum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	(55.00%)	(42.00%)	(42.00%)
Society [Member] | Investment funds and trusts [member]
Disclosure of fair value of plan assets [line items]
Percentage of total	14.00%	13.00%	11.00%
Society [Member] | Investment funds and trusts [member] | Minimum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	6.00%	6.00%	6.00%
Society [Member] | Investment funds and trusts [member] | Maximum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	(35.00%)	(35.00%)	(35.00%)
TD Pension Plan [member]
Disclosure of fair value of plan assets [line items]
Percentage of total	100.00%	100.00%	100.00%
TD Pension Plan [member] | Fair Value Quoted [member]
Disclosure of fair value of plan assets [line items]
Equity	$ 344	$ 368	$ 283
Total	344	368	283
TD Pension Plan [member] | Fair Value Unquoted [member]
Disclosure of fair value of plan assets [line items]
Debt	940	634	497
Equity	756	639	583
Alternative investments	301	229	122
Other	(72)	111	63
Total	$ 1,925	$ 1,613	$ 1,265
TD Pension Plan [member] | Debt securities [member]
Disclosure of fair value of plan assets [line items]
Percentage of total	40.00%	34.00%	34.00%
TD Pension Plan [member] | Debt securities [member] | Minimum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	25.00%	25.00%	25.00%
TD Pension Plan [member] | Debt securities [member] | Maximum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	(50.00%)	(50.00%)	(50.00%)
TD Pension Plan [member] | Equity [member]
Disclosure of fair value of plan assets [line items]
Percentage of total	47.00%	54.00%	58.00%
TD Pension Plan [member] | Equity [member] | Minimum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	30.00%	30.00%	30.00%
TD Pension Plan [member] | Equity [member] | Maximum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	(70.00%)	(70.00%)	(65.00%)
TD Pension Plan [member] | Investment funds and trusts [member]
Disclosure of fair value of plan assets [line items]
Percentage of total	13.00%	12.00%	8.00%
TD Pension Plan [member] | Investment funds and trusts [member] | Minimum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	5.00%	5.00%	3.00%
TD Pension Plan [member] | Investment funds and trusts [member] | Maximum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	(35.00%)	(35.00%)	(25.00%)

Employee Benefits - Summary o_2

Employee Benefits - Summary of Employee Benefit Plans' Obligations, Assets and Funded Status (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Disclosure of defined benefit plans [line items]
Employer's contributions	$ 463	$ 352
Total expense	516	474	$ 429
Principal pension plans [member]
Disclosure of defined benefit plans [line items]
Excess (deficit) of plan assets at fair value over projected benefit obligation	(1,428)	(741)	104
Net defined benefit asset (liability)	(1,428)	(741)	104
Service cost - benefits earned	467	326	407
Net interest cost (income) on net defined benefit liability (asset)	15	(13)	8
Past service cost (credit)		1
Defined benefit administrative expenses	10	10	10
Total expense	$ 492	$ 324	$ 425
Principal pension plans [member] | Annual Expense [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 (percentage) [Abstract]
Weighted-average discount rate for projected benefit obligation	3.08%	4.10%	3.60%
Weighted-average rate of compensation increase	2.57%	2.54%	2.54%
Principal pension plans [member] | Projected Benefit Obligation [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 (percentage) [Abstract]
Weighted-average discount rate for projected benefit obligation	2.85%	3.08%	4.10%
Weighted-average rate of compensation increase	2.53%	2.57%	2.54%
Principal pension plans [member] | Change in projected benefit obligation [member]
Disclosure of defined benefit plans [line items]
Defined benefit obligation at beginning of year	$ 8,558	$ 6,539	$ 7,082
Obligations/Asset included due to The Retirement Benefit Plan merger			6
Service cost - benefits earned	467	326	407
Net interest cost (income) on net defined benefit liability (asset)	236	240	217
Remeasurement (gain) loss - financial	617	1,565	(969)
Remeasurement (gain) loss - experience	56	83	22
Members' contributions	107	107	104
Benefits paid	(373)	(303)	(330)
Past service cost (credit)		1
Defined benefit obligation at end of year	9,668	8,558	6,539
Principal pension plans [member] | Change in plan assets [member]
Disclosure of defined benefit plans [line items]
Defined benefit obligation at beginning of year	7,817	6,643	6,536
Obligations/Asset included due to The Retirement Benefit Plan merger			10
Net interest cost (income) on net defined benefit liability (asset)	221	253	209
Remeasurement gain (loss) - return on plan assets less interest income	15	773	(231)
Members' contributions	107	107	104
Employer's contributions	463	352	355
Benefits paid	(373)	(303)	(330)
Defined benefit administrative expenses	(10)	(8)	(10)
Defined benefit obligation at end of year	8,240	7,817	6,643
Principal non-pension post-retirement benefit plan [member]
Disclosure of defined benefit plans [line items]
Excess (deficit) of plan assets at fair value over projected benefit obligation	(506)	(620)	(535)
Net defined benefit asset (liability)	(506)	(620)	(535)
Service cost - benefits earned	17	14	15
Net interest cost (income) on net defined benefit liability (asset)	17	20	18
Total expense	$ 34	$ 34	$ 33
Principal non-pension post-retirement benefit plan [member] | Annual Expense [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 (percentage) [Abstract]
Weighted-average discount rate for projected benefit obligation	3.07%	4.10%	3.60%
Weighted-average rate of compensation increase	3.00%	3.00%	3.00%
Principal non-pension post-retirement benefit plan [member] | Projected Benefit Obligation [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 (percentage) [Abstract]
Weighted-average discount rate for projected benefit obligation	2.76%	3.07%	4.10%
Weighted-average rate of compensation increase	3.00%	3.00%	3.00%
Principal non-pension post-retirement benefit plan [member] | Change in projected benefit obligation [member]
Disclosure of defined benefit plans [line items]
Defined benefit obligation at beginning of year	$ 620	$ 535	$ 558
Service cost - benefits earned	17	14	15
Net interest cost (income) on net defined benefit liability (asset)	17	20	18
Remeasurement (gain) loss - financial	(101)	92	(42)
Remeasurement (gain) loss - demographic	(44)	(26)
Remeasurement (gain) loss - experience	9		2
Benefits paid	(12)	(15)	(16)
Defined benefit obligation at end of year	506	620	535
Principal non-pension post-retirement benefit plan [member] | Change in plan assets [member]
Disclosure of defined benefit plans [line items]
Employer's contributions	12	15	16
Benefits paid	(12)	(15)	(16)
Other pension and retirement plans [member]
Disclosure of defined benefit plans [line items]
Excess (deficit) of plan assets at fair value over projected benefit obligation	(921)	(989)	(836)
Effect of asset limitation and minimum funding requirement	(14)	(13)	(13)
Net defined benefit asset (liability)	(935)	(1,002)	(849)
Service cost - benefits earned	9	9	10
Net interest cost (income) on net defined benefit liability (asset)	28	33	30
Past service cost (credit)	(3)	(30)	3
Defined benefit administrative expenses	5	6	4
Total expense	$ 39	$ 18	$ 47
Other pension and retirement plans [member] | Annual Expense [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 (percentage) [Abstract]
Weighted-average discount rate for projected benefit obligation	3.12%	4.37%	3.74%
Weighted-average rate of compensation increase	1.00%	1.03%	1.16%
Other pension and retirement plans [member] | Projected Benefit Obligation [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 (percentage) [Abstract]
Weighted-average discount rate for projected benefit obligation	2.74%	3.12%	4.37%
Weighted-average rate of compensation increase	1.03%	1.00%	1.03%
Other pension and retirement plans [member] | Change in projected benefit obligation [member]
Disclosure of defined benefit plans [line items]
Defined benefit obligation at beginning of year	$ 2,948	$ 2,569	$ 2,750
Service cost - benefits earned	9	9	10
Net interest cost (income) on net defined benefit liability (asset)	80	106	96
Remeasurement (gain) loss - financial	128	430	(190)
Remeasurement (gain) loss - demographic	(80)	2	(8)
Remeasurement (gain) loss - experience	9	6	14
Benefits paid	(144)	(143)	(137)
Change in foreign currency exchange rate	20	(1)	31
Past service cost (credit)	(3)	(30)	3
Defined benefit obligation at end of year	2,967	2,948	2,569
Other pension and retirement plans [member] | Change in plan assets [member]
Disclosure of defined benefit plans [line items]
Defined benefit obligation at beginning of year	1,959	1,733	1,855
Net interest cost (income) on net defined benefit liability (asset)	52	73	66
Remeasurement gain (loss) - return on plan assets less interest income	96	205	(109)
Employer's contributions	72	96	37
Benefits paid	(144)	(143)	(137)
Change in foreign currency exchange rate	18	(1)	27
Defined benefit administrative expenses	(7)	(4)	(6)
Defined benefit obligation at end of year	$ 2,046	$ 1,959	$ 1,733

Employee Benefits - Summary o_3

Employee Benefits - Summary of Employee Benefit Plans' Obligations, Assets and Funded Status (Parenthetical) (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2019	Oct. 31, 2020
Disclosure of defined benefit plans [line items]
Assumed overall health care cost trend rate	4.18%	3.26%
Past service cost [member] | TD Auto Finance LLC [member]
Disclosure of defined benefit plans [line items]
Gains (losses) on pension plan amendments	$ 33
Assumed to gradually decline by the year 2040 and remain at that level thereafter [Member]
Disclosure of defined benefit plans [line items]
Assumed overall health care cost trend rate	2.42%	1.06%

Employee Benefits - Summary o_4

Employee Benefits - Summary of Expenses for the Bank's Defined Contribution Plans (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Defined contribution pension plan expenses	$ 516	$ 474	$ 429
Defined contribution pension plans [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Defined contribution pension plan expenses	169	150	136
Government pension plans [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Defined contribution pension plan expenses	$ 347	$ 324	$ 293

Employee Benefits - Summary o_5

Employee Benefits - Summary of Assumed Life Expectancy at Age 65 (Detail) - yr	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Principal pension plans [member] | Retiring currently at age 65 [member] | Male [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Life expectancy for members	23.4	23.4	23.3
Principal pension plans [member] | Retiring currently at age 65 [member] | Female [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Life expectancy for members	24.2	24.1	24.1
Principal pension plans [member] | Currently aged 45 and retiring at 65 [member] | Male [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Life expectancy for members	24.4	24.3	24.3
Principal pension plans [member] | Currently aged 45 and retiring at 65 [member] | Female [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Life expectancy for members	25.1	25.1	25
Principal post retirement benefit plans [member] | Retiring currently at age 65 [member] | Male [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Life expectancy for members	23.4	23.4	23.3
Principal post retirement benefit plans [member] | Retiring currently at age 65 [member] | Female [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Life expectancy for members	24.2	24.1	24.1
Principal post retirement benefit plans [member] | Currently aged 45 and retiring at 65 [member] | Male [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Life expectancy for members	24.4	24.3	24.3
Principal post retirement benefit plans [member] | Currently aged 45 and retiring at 65 [member] | Female [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Life expectancy for members	25.1	25.1	25
Other pension and post retirement benefit plans [member] | Retiring currently at age 65 [member] | Male [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Life expectancy for members	21.5	22.1	22.1
Other pension and post retirement benefit plans [member] | Retiring currently at age 65 [member] | Female [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Life expectancy for members	23.1	23.7	23.7
Other pension and post retirement benefit plans [member] | Currently aged 45 and retiring at 65 [member] | Male [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Life expectancy for members	22.2	22.7	22.7
Other pension and post retirement benefit plans [member] | Currently aged 45 and retiring at 65 [member] | Female [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Life expectancy for members	23.9	24.5	24.5

Employee Benefits - Summary o_6

Employee Benefits - Summary of Sensitivity of Significant Actuarial Assumptions (Detail) $ in Millions	Oct. 31, 2020CAD ($)
Principal pension plans [member] | Actuarial assumption of discount rates [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
1 year/percentage decrease in assumption	$ 1,718
1 year/percentage increase in assumption	(1,314)
Principal pension plans [member] | Actuarial assumption of expected rates of salary increases [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
1 year/percentage decrease in assumption	(345)
1 year/percentage increase in assumption	333
Principal pension plans [member] | Actuarial assumption of life expectancy after retirement [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
1 year/percentage decrease in assumption	(203)
1 year/percentage increase in assumption	200
Principal post retirement benefit plans [member] | Actuarial assumption of discount rates [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
1 year/percentage decrease in assumption	81
1 year/percentage increase in assumption	(65)
Principal post retirement benefit plans [member] | Actuarial assumption of life expectancy after retirement [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
1 year/percentage decrease in assumption	(16)
1 year/percentage increase in assumption	16
Principal post retirement benefit plans [member] | Actuarial assumption of medical cost trend rates [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
1 year/percentage decrease in assumption	(13)
1 year/percentage increase in assumption	15
Other pension and post retirement benefit plans [member] | Actuarial assumption of discount rates [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
1 year/percentage decrease in assumption	391
1 year/percentage increase in assumption	(322)
Other pension and post retirement benefit plans [member] | Actuarial assumption of life expectancy after retirement [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
1 year/percentage decrease in assumption	(99)
1 year/percentage increase in assumption	$ 99

Employee Benefits - Summary o_7

Employee Benefits - Summary of Amounts Recognized in the Consolidated Balance Sheet (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Assets	$ 9	$ 13
Defined Benefit plan recognized in Other Liabilities	3,302	2,781
Other assets [member]
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Assets	9	13	$ 113
Other assets [member] | Principal pension plans [member]
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Assets			104
Other assets [member] | Other pension and retirement plans [member]
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Assets	3	6	3
Other assets [member] | Other employee benefit plans [member]
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Assets	6	7	6
Other liabilities [member]
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Liabilities	3,302	2,781	1,747
Other liabilities [member] | Principal pension plans [member]
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Liabilities	1,428	741
Other liabilities [member] | Other pension and retirement plans [member]
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Liabilities	938	1,008	852
Other liabilities [member] | Other employee benefit plans [member]
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Liabilities	430	412	360
Other liabilities [member] | Principal non-pension post-retirement benefit plan [member]
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Liabilities	506	620	535
Other assets and liabilities [member]
Disclosure of net defined benefit liability (asset) [line items]
Net amount recognized	$ (3,293)	$ (2,768)	$ (1,634)

Employee Benefits - Summary o_8

Employee Benefits - Summary of Amounts Recognized in the Consolidated Statement of Other Comprehensive Income (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Disclosure of defined benefit plans [line items]
Total actuarial gains (losses) recognized in Other Comprehensive Income	$ (530)	$ (1,245)	$ 865
Principal pension plans [member]
Disclosure of defined benefit plans [line items]
Total actuarial gains (losses) recognized in Other Comprehensive Income	(658)	(873)	720
Principal non-pension post-retirement benefit plan [member]
Disclosure of defined benefit plans [line items]
Total actuarial gains (losses) recognized in Other Comprehensive Income	136	(66)	40
Other pension and retirement plans [member]
Disclosure of defined benefit plans [line items]
Total actuarial gains (losses) recognized in Other Comprehensive Income	36	(231)	60
Other employee benefit plans [member]
Disclosure of defined benefit plans [line items]
Total actuarial gains (losses) recognized in Other Comprehensive Income	$ (44)	$ (75)	$ 45

Income Taxes - Provision for (R

Income Taxes - Provision for (Recoveries) (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Current income taxes
Provision for (recovery of) income taxes for the current period	$ 2,287	$ 2,675	$ 2,873
Adjustments in respect of prior years and other	(70)	93	(76)
Total current income taxes	2,217	2,768	2,797
Deferred income taxes
Provision for (recovery of) deferred income taxes related to the origination and reversal of temporary differences	(1,075)	54	76
Effect of changes in tax rates	(1)	10	302
Adjustments in respect of prior years and other	11	(97)	7
Total deferred income taxes	(1,065)	(33)	385
Provision for income taxes - Consolidated Statement of Income	1,152	2,735	3,182
Provision for (recovery of) income taxes - Statement of Other Comprehensive Income
Current income taxes	406	37	(48)
Deferred income taxes	705	1,070	(701)
Total income taxes	1,111	1,107	(749)
Income taxes - other non-income related items including business combinations and other adjustments
Current income taxes	(30)	(7)	(3)
Deferred income taxes	(194)	(6)	(2)
Income Taxes On Other Non-income Related Items Including Business Combinations And Other Adjustments	(224)	(13)	(5)
Total provision for (recovery of) income taxes	2,039	3,829	2,428
Current income taxes
Federal	1,170	1,256	1,491
Provincial	818	891	1,055
Foreign	605	651	200
Current income tax expense benefit	2,593	2,798	2,746
Deferred income taxes
Federal	(143)	127	(244)
Provincial	(96)	87	(160)
Foreign	(315)	817	86
Deferred income taxes	(554)	1,031	(318)
Total provision for (recovery of) income taxes	$ 2,039	$ 3,829	$ 2,428

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2018	Oct. 31, 2019
Disclosure of Income Tax [Line items]
Additional Income Tax and Interest reassessed	$ 1,091
Temporary differences, unused tax losses and unused tax credits for which no deferred tax asset is recognized	669		$ 461
Amount of temporary differences associated with investments in subsidiaries, branches and associates and interests in joint ventures for which deferred tax liabilities is unrecognized	81,000		71,000
Not Later Than Five Years [member]
Disclosure of Income Tax [Line items]
Temporary differences, unused tax losses and unused tax credits for which no deferred tax asset is recognized to expire	5		$ 3
U.S. Tax Act [member]
Disclosure of Income Tax [Line items]
U.S. federal corporate tax rate		21.00%
Provision for (recovery of) income taxes		$ 366
U.S. Tax Act [member] | Other comprehensive income [member]
Disclosure of Income Tax [Line items]
Deferred income tax benefit (expense)		22
U.S. Tax Act [member] | Retained earnings [member]
Disclosure of Income Tax [Line items]
Deferred income tax benefit (expense)		$ 12
Canada Revenue Agency Reassessment [member] | Two thousand fifteen taxation years [member]
Disclosure of Income Tax [Line items]
Additional Income Tax and Interest reassessed	239
Canada Revenue Agency Reassessment [member] | Two thousand eleven to two thousand fifteen taxation years [member]
Disclosure of Income Tax [Line items]
Additional Income Tax and Interest reassessed	1,032
Revenu Quebec Agency Reassessment [member] | Two Thousand Eleven to Two Thousand Fourteen Taxation Years [member]
Disclosure of Income Tax [Line items]
Additional Income Tax and Interest reassessed	20
Alberta Tax and Revenue Administration Reassessment [member] | Two Thousand Eleven to Two Thousand Fourteen Taxation Years [member]
Disclosure of Income Tax [Line items]
Additional Income Tax and Interest reassessed	33
Alberta Tax and Revenue Administration Reassessment [member] | Two thousand fourteen taxation years [member]
Disclosure of Income Tax [Line items]
Additional Income Tax and Interest reassessed	18
Revenu Quebec Agency [member] | Two Thousand Eleven to Two Thousand Fourteen Taxation Years [member]
Disclosure of Income Tax [Line items]
Additional Income Tax and Interest reassessed	$ 26

Income taxes - Summary of Recon

Income taxes - Summary of Reconciliation to Statutory Income Tax Rate (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Reconciliation of average effective tax rate and applicable tax rate [abstract]
Income taxes at Canadian statutory income tax rate	$ 3,141	$ 3,502	$ 3,648
Increase (decrease) resulting from:
Dividends received	(120)	(104)	(142)
Rate differentials on international operations	(1,927)	(728)	(343)
Other - net	58	65	19
Provision for income taxes - Consolidated Statement of Income	$ 1,152	$ 2,735	$ 3,182
Income taxes at Canadian statutory income tax rate	26.40%	26.50%	26.50%
Dividends received	(1.00%)	(0.80%)	(1.00%)
Rate differentials on international operations	(16.20%)	(5.50%)	(2.50%)
Other - net	0.50%	0.50%	0.10%
Provision for income taxes and effective income tax rate	9.70%	20.70%	23.10%

Income Taxes - Summary of Defer

Income Taxes - Summary of Deferred Tax Assets and Liabilities (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	$ 3,761	$ 2,614
Total deferred tax liabilities	1,601	1,008
Net deferred tax assets	2,160	1,606
Deferred tax assets	2,444	1,799
Deferred tax liabilities	284	193
Net deferred tax assets	2,160	1,606
Allowance for credit losses [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	1,705	965
Trading loans [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	43	50
Employee Benefits [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	834	844
Pensions [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	516	344
Losses available for carry forward [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	96	95
Tax credits [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	133	228
Land, buildings, equipment, and other depreciable assets [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	111
Total deferred tax liabilities		242
Intangibles [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	87
Total deferred tax liabilities		40
Other deferred tax assets [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	236	88
Securities [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax liabilities	1,404	527
Deferred income expense [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax liabilities	73	91
Goodwill [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax liabilities	$ 124	$ 108

Income Taxes - Summary of Def_2

Income Taxes - Summary of Deferred Income Tax Expense (Recovery) (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	$ (1,065)	$ (33)
Deferred income tax expense (recovery), other comprehensive income	705	1,070
Deferred income tax expense (recovery), business combination and other	(194)	(6)
Total deferred income tax expense (recovery)	(554)	1,031	$ (318)
Allowance for credit losses [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	(740)	(120)
Total deferred income tax expense (recovery)	(740)	(120)
Trading loans [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	7	4
Total deferred income tax expense (recovery)	7	4
Employee Benefits [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	(23)	(87)
Deferred income tax expense (recovery), other comprehensive income	33	(18)
Total deferred income tax expense (recovery)	10	(105)
Pensions [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	(1)	19
Deferred income tax expense (recovery), other comprehensive income	(171)	(303)
Total deferred income tax expense (recovery)	(172)	(284)
Losses available for carry forward [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	(1)	(1)
Total deferred income tax expense (recovery)	(1)	(1)
Tax credits [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	95	98
Total deferred income tax expense (recovery)	95	98
Other deferred tax assets [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	(148)	7
Deferred income tax expense (recovery), business combination and other		(4)
Total deferred income tax expense (recovery)	(148)	3
Securities [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	34	56
Deferred income tax expense (recovery), other comprehensive income	843	1,391
Total deferred income tax expense (recovery)	877	1,447
Land, buildings, equipment, and other depreciable assets [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	(159)	19
Deferred income tax expense (recovery), business combination and other	(194)
Total deferred income tax expense (recovery)	(353)	19
Deferred income expense [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	(18)	79
Total deferred income tax expense (recovery)	(18)	79
Intangibles [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	(127)	(123)
Total deferred income tax expense (recovery)	(127)	(123)
Goodwill [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	16	16
Deferred income tax expense (recovery), business combination and other		(2)
Total deferred income tax expense (recovery)	$ 16	$ 14

Earnings Per Share - Summary of

Earnings Per Share - Summary of Earnings Per Share (Detail) - CAD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Basic earnings per share
Net income attributable to common shareholders	$ 11,628	$ 11,416	$ 11,048
Weighted-average number of common shares outstanding (millions)	1,807.3	1,824.2	1,835.4
Basic earnings per share (Canadian dollars)	$ 6.43	$ 6.26	$ 6.02
Diluted earnings per share
Net income attributable to common shareholders	$ 11,628	$ 11,416	$ 11,048
Net income available to common shareholders including impact of dilutive securities	$ 11,628	$ 11,416	$ 11,048
Weighted-average number of common shares outstanding (millions)	1,807.3	1,824.2	1,835.4
Stock options potentially exercisable (millions)	1.5	3.1	4.1
Weighted-average number of common shares outstanding - diluted (millions)	1,808.8	1,827.3	1,839.5
Diluted earnings per share (Canadian dollars)	$ 6.43	$ 6.25	$ 6.01

Earnings Per Share - Summary _2

Earnings Per Share - Summary of Earnings Per Share (Parenthetical) (Detail) - $ / shares shares in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Earnings per share [abstract]
Average outstanding options excluded from calculation of diluted earnings per share	7.5	0	0
Weighted-average exercise price of average outstanding options excluded from the calculation of diluted earnings per share	$ 70.04	$ 0	$ 0

Provisions, Contingent Liabil_3

Provisions, Contingent Liabilities, Commitments, Guarantees, Pledged Assets, and Collateral - Summary of Bank's Provisions (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Disclosure of other provisions [line items]
Beginning Balance	$ 510
Additions	332
Amounts used	(264)
Release of unused amounts	(49)
Foreign currency translation adjustments and other	28
Ending balance before allowance for credit losses for off-balance sheet instruments	482
Add: Allowance for credit losses for off-balance sheet instruments2	8,290	$ 4,447
Balance as at October 31, 2020	1,569
Impact on Initial Application of IFRS16 [member]
Disclosure of other provisions [line items]
Beginning Balance	(75)
Increase (decrease) due to application of IFRS 16 [member]
Disclosure of other provisions [line items]
Beginning Balance	435
Off balance sheet instruments [member]
Disclosure of other provisions [line items]
Add: Allowance for credit losses for off-balance sheet instruments2	1,087
Restructuring provision [member]
Disclosure of other provisions [line items]
Beginning Balance	241
Amounts used	(70)
Release of unused amounts	(16)
Foreign currency translation adjustments and other	10
Ending balance before allowance for credit losses for off-balance sheet instruments	90
Restructuring provision [member] | Impact on Initial Application of IFRS16 [member]
Disclosure of other provisions [line items]
Beginning Balance	(75)
Restructuring provision [member] | Increase (decrease) due to application of IFRS 16 [member]
Disclosure of other provisions [line items]
Beginning Balance	166
Litigation and other [member]
Disclosure of other provisions [line items]
Beginning Balance	269
Additions	332
Amounts used	(194)
Release of unused amounts	(33)
Foreign currency translation adjustments and other	18
Ending balance before allowance for credit losses for off-balance sheet instruments	392
Litigation and other [member] | Increase (decrease) due to application of IFRS 16 [member]
Disclosure of other provisions [line items]
Beginning Balance	$ 269

Provisions, Contingent Liabil_4

Provisions, Contingent Liabilities, Commitments, Guarantees, Pledged Assets, and Collateral - Additional Information (Detail) $ in Billions	12 Months Ended
	Oct. 31, 2020CAD ($)ClassAction	Oct. 31, 2020USD ($)ClassAction	Oct. 31, 2019CAD ($)
Disclosure of contingent liabilities [line items]
Commitment to fund private equity investments	$ 290,000,000		$ 374,000,000
Litigation and other provision [member] | StanfordLitigation [member]
Disclosure of contingent liabilities [line items]
Amount on Ponzi scheme		$ 7.2
Number of other Plaintiffs	4	4
Bottom of range [member] | Litigation and other provision [member]
Disclosure of contingent liabilities [line items]
Bank's reasonable possible losses	$ 0		0
Top of range [member] | Litigation and other provision [member]
Disclosure of contingent liabilities [line items]
Bank's reasonable possible losses	951,000,000		$ 606,000,000
Premises and equipment under long-term non-cancellable leases [member] | Within 1 year [member]
Disclosure of contingent liabilities [line items]
Future minimum operating lease commitments where annual rental is in excess of $100 thousand	30
Premises and equipment under long-term non-cancellable leases [member] | Over 1 year to 2 years [member]
Disclosure of contingent liabilities [line items]
Future minimum operating lease commitments where annual rental is in excess of $100 thousand	69
Premises and equipment under long-term non-cancellable leases [member] | Over 2 years to 3 years [member]
Disclosure of contingent liabilities [line items]
Future minimum operating lease commitments where annual rental is in excess of $100 thousand	88
Premises and equipment under long-term non-cancellable leases [member] | Over 3 years to 4 years [member]
Disclosure of contingent liabilities [line items]
Future minimum operating lease commitments where annual rental is in excess of $100 thousand	111
Premises and equipment under long-term non-cancellable leases [member] | Over 4 years to 5 years [member]
Disclosure of contingent liabilities [line items]
Future minimum operating lease commitments where annual rental is in excess of $100 thousand	302
Premises and equipment under long-term non-cancellable leases [member] | Over 5 years [member]
Disclosure of contingent liabilities [line items]
Future minimum operating lease commitments where annual rental is in excess of $100 thousand	5,944
Premises and equipment under long-term non-cancellable leases [member] | Bottom of range [member]
Disclosure of contingent liabilities [line items]
Operating lease commitments annual payment	$ 754
Credit Card Fees Member
Disclosure of contingent liabilities [line items]
Number of proposed class actions | ClassAction	7	7
Number of remaining class actions | ClassAction	5	5

Provisions, Contingent Liabil_5

Provisions, Contingent Liabilities, Commitments, Guarantees, Pledged Assets, and Collateral - Summary of Credit Instruments (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of credit risk exposure [line items]
Maximum amount of additional credit to be obligated by bank	$ 264,000	$ 233,840
Financial and performance standby letters of credit [member]
Disclosure of credit risk exposure [line items]
Maximum amount of additional credit to be obligated by bank	30,849	26,887
Documentary and commercial letters of credit [member]
Disclosure of credit risk exposure [line items]
Maximum amount of additional credit to be obligated by bank	107	107
Commitments to extend credit [member] | Within 1 year [member]
Disclosure of credit risk exposure [line items]
Maximum amount of additional credit to be obligated by bank	66,902	56,676
Commitments to extend credit [member] | Later than 1 year [member]
Disclosure of credit risk exposure [line items]
Maximum amount of additional credit to be obligated by bank	$ 166,142	$ 150,170

Provisions, Contingent Liabil_6

Provisions, Contingent Liabilities, Commitments, Guarantees, Pledged Assets, and Collateral - Details of Assets Pledged Against Liabilities and Collateral Assets Held or Re-pledged (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Sources of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Sources of pledged assets and collateral	$ 447,534	$ 391,459
Bank assets [member] | Sources of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Sources of pledged assets and collateral	221,364	179,577
Third-party asset [member] | Sources of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Collateral received and available for sale or repledging	319,817	274,775
Less: Collateral not repledged	(93,647)	(62,893)
Sources of pledged assets and collateral	226,170	211,882
Third-party asset [member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	447,534	391,459
Derivatives [member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	12,002	11,468
Obligations related to securities lent or sold under repurchase agreements [member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	171,825	120,572
Securities borrowing and lending [member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	101,826	105,255
Obligations Related to Securities Sold Short [member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	32,770	28,402
Securitization [member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	32,513	32,024
Covered bonds [member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	41,434	41,937
Clearing systems, payment systems, and depositories [member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	8,976	8,338
Foreign governments and central banks [member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	1,148	1,167
Other uses [member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	45,040	42,296
Cash and due from banks [member] | Bank assets [member] | Sources of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Sources of pledged assets and collateral	1,894	820
Interest bearing deposits with banks [member] | Bank assets [member] | Sources of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Sources of pledged assets and collateral	3,639	4,918
Loans [member] | Bank assets [member] | Sources of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Sources of pledged assets and collateral	112,190	87,415
Securities [member] | Bank assets [member] | Sources of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Sources of pledged assets and collateral	102,999	85,574
Other assets [member] | Bank assets [member] | Sources of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Sources of pledged assets and collateral	$ 642	$ 850

Provisions, Contingent Liabil_7

Provisions, Contingent Liabilities, Commitments, Guarantees, Pledged Assets, and Collateral - Details of Assets Pledged Against Liabilities and Collateral Assets Held or Re-pledged (Parenthetical) (Detail) - CAD ($) $ in Billions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of detailed information about financial instruments [abstract]
Assets pledged and that the counterparty can subsequently repledge	$ 56.2	$ 45.9

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) $ in Millions, $ in Millions	1 Months Ended	12 Months Ended
	Oct. 31, 2020USD ($)	Oct. 31, 2020CAD ($)	Oct. 31, 2020USD ($)	Oct. 31, 2019CAD ($)	Oct. 31, 2018CAD ($)	Oct. 31, 2020USD ($)
Key management personnel of entity or parent [member]
Disclosure of transactions between related parties [line items]
Amount receivable from related party		$ 449		$ 121
Symcor [member]
Disclosure of transactions between related parties [line items]
Cash paid to related party		78		81	$ 86
Amount payable to related party		$ 12		12
Description of ownership interest in related party		One-third ownership	One-third ownership
Unsecured loan facility		$ 100		100
Charles Schwab Corporate [member]
Disclosure of transactions between related parties [line items]
Amount receivable from related party		75
Amount payable to related party		344
Undrawn borrowing facilities		$ 305
Charles Schwab Corporate [member] | Insured Deposit Account Agreement [member]
Disclosure of transactions between related parties [line items]
Banking service fee		0.15%	0.15%
Deposits under the Schwab IDA Agreement		$ 195,000				$ 146,000
Allowable maximum annual adjustment to sweep deposits			$ 10,000
Average insured deposit						194,000
Cash paid to related party	$ 136
Charles Schwab Corporate [member] | Insured Deposit Account Agreement [member] | Bottom of range [member]
Disclosure of transactions between related parties [line items]
Allowable maximum adjustment to sweep deposits						$ 50,000
TD Ameritrade Holding Corporation [member]
Disclosure of transactions between related parties [line items]
Amount receivable from related party				41
Amount payable to related party				168
Undrawn borrowing facilities				291
TD Ameritrade Holding Corporation [member] | Insured Deposit Account Agreement [member]
Disclosure of transactions between related parties [line items]
Banking service fee		0.25%	0.25%
Average insured deposit		$ 176,000		140,000	140,000
Cash paid to related party		$ 1,900		$ 2,200	$ 1,900

Related Party Transactions - Su

Related Party Transactions - Summary of Compensation of Key Management Personnel and Directors (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Disclosure of amounts incurred by entity for provision of key management personnel services provided by separate management entities [abstract]
Short-term employee benefits	$ 27	$ 33	$ 34
Post-employment benefits	1	2	3
Share-based payments	30	35	37
Total	$ 58	$ 70	$ 74

Segmented Information - Summary

Segmented Information - Summary of Results by Business Segment (Detail) - CAD ($) $ in Millions		12 Months Ended
		Oct. 31, 2020	Sep. 30, 2020	Oct. 31, 2019	Sep. 30, 2019	Oct. 31, 2018	Sep. 30, 2018
Disclosure of operating segments [line items]
Net interest income (loss)		$ 25,611		$ 23,931		$ 22,239
Non-interest income (loss)		18,035		17,134		16,653
Total revenue		43,646		41,065		38,892
Provision for (recovery of) credit losses		7,242		3,029		2,480
Insurance claims and related expenses		2,886		2,787		2,444
Non-interest expenses		21,604		22,020		20,195
Income (loss) before income taxes and equity in net income of an investment in TD Ameritrade		11,914		13,229		13,773
Provision for (recovery of) income taxes		1,152		2,735		3,182
Net income (loss)	[1]	11,895		11,686		11,334
Total assets		1,715,865		1,415,290		1,334,903
TD Ameritrade [member]
Disclosure of operating segments [line items]
Total revenue			$ 8,075		$ 7,983		$ 7,000
Provision for (recovery of) income taxes			910		957		535
Equity in net income of an investment in TD Ameritrade		1,133		1,192		743
Net income (loss)			2,729		2,931		$ 1,897
Total assets			$ 75,231		$ 57,671
Canadian Retail [member]
Disclosure of operating segments [line items]
Net interest income (loss)		12,061		12,349		11,576
Non-interest income (loss)		12,272		11,877		11,137
Total revenue		24,333		24,226		22,713
Provision for (recovery of) credit losses		2,746		1,306		998
Insurance claims and related expenses		2,886		2,787		2,444
Non-interest expenses		10,441		10,735		9,473
Income (loss) before income taxes and equity in net income of an investment in TD Ameritrade		8,260		9,398		9,798
Provision for (recovery of) income taxes		2,234		2,535		2,615
Net income (loss)		6,026		6,863		7,183
Total assets		472,370		452,163		433,960
U.S. Retail [member]
Disclosure of operating segments [line items]
Net interest income (loss)		8,834		8,951		8,176
Non-interest income (loss)		2,438		2,840		2,768
Total revenue		11,272		11,791		10,944
Provision for (recovery of) credit losses		2,925		1,082		917
Non-interest expenses		6,579		6,411		6,100
Income (loss) before income taxes and equity in net income of an investment in TD Ameritrade		1,768		4,298		3,927
Provision for (recovery of) income taxes		(167)		471		432
Net income (loss)		3,026		4,981		4,188
Total assets		566,629		436,086		417,292
U.S. Retail [member] | TD Ameritrade [member]
Disclosure of operating segments [line items]
Equity in net income of an investment in TD Ameritrade		1,091		1,154		693
Wholesale Banking [member]
Disclosure of operating segments [line items]
Net interest income (loss)		1,990		911		1,150
Non-interest income (loss)		2,968		2,320		2,367
Total revenue		4,958		3,231		3,517
Provision for (recovery of) credit losses		508		44		3
Non-interest expenses		2,518		2,393		2,125
Income (loss) before income taxes and equity in net income of an investment in TD Ameritrade		1,932		794		1,389
Provision for (recovery of) income taxes		514		186		335
Net income (loss)		1,418		608		1,054
Total assets		512,886		458,420		425,909
Corporate [member]
Disclosure of operating segments [line items]
Net interest income (loss)		2,726		1,720		1,337
Non-interest income (loss)		357		97		381
Total revenue		3,083		1,817		1,718
Provision for (recovery of) credit losses		1,063		597		562
Non-interest expenses		2,066		2,481		2,497
Income (loss) before income taxes and equity in net income of an investment in TD Ameritrade		(46)		(1,261)		(1,341)
Provision for (recovery of) income taxes		(1,429)		(457)		(200)
Net income (loss)		1,425		(766)		(1,091)
Total assets		163,980		68,621		57,742
Corporate [member] | TD Ameritrade [member]
Disclosure of operating segments [line items]
Equity in net income of an investment in TD Ameritrade		$ 42		$ 38		$ 50
[1]	The amounts are net of income tax provisions (recoveries) presented in the following table.

Segmented Information - Summa_2

Segmented Information - Summary of Results by Geographic Location (Detail) - CAD ($) $ in Millions		12 Months Ended
		Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Disclosure of geographical areas [line items]
Total revenue		$ 43,646	$ 41,065	$ 38,892
Income before income taxes		11,914	13,229	13,773
Net income	[1]	11,895	11,686	11,334
Total assets		1,715,865	1,415,290	1,334,903
Canada [member]
Disclosure of geographical areas [line items]
Total revenue		24,198	23,599	23,332
Income before income taxes		6,420	7,237	8,886
Net income		5,070	5,208	6,523
Total assets		916,798	769,314	713,677
United States [member]
Disclosure of geographical areas [line items]
Total revenue		15,076	15,557	13,751
Income before income taxes		1,941	4,827	3,768
Net income		2,015	4,180	2,993
Total assets		679,369	524,397	514,263
Other international [member]
Disclosure of geographical areas [line items]
Total revenue		4,372	1,909	1,809
Income before income taxes		3,553	1,165	1,119
Net income		4,810	2,298	1,818
Total assets		$ 119,698	$ 121,579	$ 106,963
[1]	The amounts are net of income tax provisions (recoveries) presented in the following table.

Interest Income and Expense - S

Interest Income and Expense - Summary of Interest Income and Expense by Basis of Accounting Classification (Detail) - CAD ($) $ in Millions		12 Months Ended
		Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Disclosure of Interest Income Expense [line items]
Interest income	[1]	$ 35,647	$ 41,999	$ 36,422
Interest expense		10,036	18,068	$ 14,183
Financial assets amortized cost [member]
Disclosure of Interest Income Expense [line items]
Interest income		30,981	31,663
Interest expense		6,547	11,294
Financial assets at fair value through other comprehensive income [member]
Disclosure of Interest Income Expense [line items]
Interest income		1,543	3,165
Interest expense			0
Financial instruments measure at amortized cost and FVOCI [member]
Disclosure of Interest Income Expense [line items]
Interest income		32,524	34,828
Interest expense		6,547	11,294
Financial instruments measured or designated at fair value through profit or loss [member] | Equities designated at fair value through other comprehensive income [member]
Disclosure of Interest Income Expense [line items]
Interest income		3,123	7,171
Interest expense		$ 3,489	$ 6,774
[1]	Includes $32,524 million, for the year ended October 31, 2020 (October 31, 2019 - $34,828 million; October 31, 2018 - $30,639 million), which has been calculated based on the effective interest rate method (EIRM). Refer to Note 30.

Interest Income and Expense -_2

Interest Income and Expense - Summary of Interest Income and Expense by Basis of Accounting Classification (Parenthetical) (Detail) $ in Millions	12 Months Ended
	Oct. 31, 2020CAD ($)
Analysis of income and expense [abstract]
Interest expense of lease liabilities	$ 153

Credit Risk - Summary of Concen

Credit Risk - Summary of Concentration of Credit Risk (Detail) - Credit risk [member] - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Loans and customers' liability under acceptances [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	100.00%	100.00%
Credit risk concentrations	$ 734,958	$ 700,226
Loans and customers' liability under acceptances [member] | Canada [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	66.00%	66.00%
Loans and customers' liability under acceptances [member] | United States [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	33.00%	33.00%
Loans and customers' liability under acceptances [member] | Other international [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	1.00%	1.00%
Credit instruments [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	100.00%	100.00%
Credit risk concentrations	$ 264,000	$ 233,840
Credit instruments [member] | Canada [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	37.00%	38.00%
Credit instruments [member] | United States [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	59.00%	58.00%
Credit instruments [member] | United Kingdom [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	1.00%	1.00%
Credit instruments [member] | Europe - other [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	2.00%	2.00%
Credit instruments [member] | Other international [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	1.00%	1.00%
Derivative financial instruments [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	100.00%	100.00%
Credit risk concentrations	$ 51,225	$ 46,829
Derivative financial instruments [member] | Canada [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	24.00%	25.00%
Derivative financial instruments [member] | United States [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	27.00%	31.00%
Derivative financial instruments [member] | United Kingdom [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	22.00%	17.00%
Derivative financial instruments [member] | Europe - other [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	18.00%	20.00%
Derivative financial instruments [member] | Other international [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	9.00%	7.00%

Credit Risk - Summary of Conc_2

Credit Risk - Summary of Concentration of Credit Risk (Parenthetical) (Detail) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Disclosure of credit risk exposure [line items]
Commitments to extend credit totalling	$ 290	$ 374
Loans and customers' liability under acceptances [member]
Disclosure of credit risk exposure [line items]
Description of concentration of credit risk	Of the total loans and customers' liability under acceptances, the only industry segment which equalled or exceeded 5% of the total concentration as at October 31, 2020 was real estate 10% (October 31, 2019 - 10%).
Loans and customers' liability under acceptances [member] | Real estate segment [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	10.00%	10.00%
Credit instruments [member]
Disclosure of credit risk exposure [line items]
Commitment and contingent liability	$ 264,000	$ 234,000
Commitments to extend credit totalling	$ 233,000	$ 207,000
Credit instruments [member] | Financial institutions [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	21.00%	22.00%
Credit instruments [member] | Pipelines oil and gas [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	10.00%	9.00%
Credit instruments [member] | Power and utilities [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	8.00%	8.00%
Credit instruments [member] | Automotive [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	9.00%	9.00%
Credit instruments [member] | Telecommunications cable and media [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	6.00%	6.00%
Credit instruments [member] | Sundry manufacturing and wholesale [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	7.00%	7.00%
Credit instruments [member] | Professional and other services [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	6.00%	6.00%
Credit instruments [member] | Non residential real estate development [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	5.00%	6.00%
Derivative financial instruments [member]
Disclosure of credit risk exposure [line items]
Current replacement cost	$ 51,000	$ 47,000
Derivative financial instruments [member] | Financial institutions [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	64.00%	69.00%
Derivative financial instruments [member] | Government sector [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	24.00%	22.00%

Credit Risk - Summary of Gross

Credit Risk - Summary of Gross Maximum Credit Risk Exposure (Detail) - Credit risk [member] - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	$ 1,600,039	$ 1,295,488
Credit exposure	2,184,862	1,840,466
Non trading loans at fair value through profit or loss [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	3,718	1,796
Loans at fair value through other comprehensive income [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	2,502	2,124
Cash and due from banks [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	6,445	4,863
Interest bearing deposits with banks [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	164,149	25,583
Securities excluding equity securities [member] | Financial assets at fair value through profit or loss, designated upon initial recognition or subsequently, category [member] | Government and government insured securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	2,069	1,413
Securities excluding equity securities [member] | Financial assets at fair value through profit or loss, designated upon initial recognition or subsequently, category [member] | Other debt securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	2,668	2,627
Securities excluding equity securities [member] | Trading securities [member] | Government and government insured securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	59,037	44,445
Securities excluding equity securities [member] | Trading securities [member] | Other debt securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	18,968	18,680
Securities excluding equity securities [member] | Trading securities [member] | Retained interests [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	14	19
Securities excluding equity securities [member] | Non trading financial assets at fair value through profit or loss [member] | Government and government insured securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	388	319
Securities excluding equity securities [member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	4,114	4,081
Securities excluding equity securities [member] | Financial Assets Available-for-sale, Category [Member] | Government and government insured securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	78,283	83,171
Securities excluding equity securities [member] | Financial Assets Available-for-sale, Category [Member] | Other debt securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	19,901	23,969
Securities excluding equity securities [member] | Debt securities carried at amortized cost[member] | Government and government insured securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	174,593	78,275
Securities excluding equity securities [member] | Debt securities carried at amortized cost[member] | Other debt securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	53,086	52,222
Securities purchased under reverse repurchase agreements [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	169,162	165,935
Derivatives [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	54,242	48,894
Loans [member] | Residential mortgages [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	251,915	235,530
Loans [member] | Consumer instalment and other personal [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	183,440	179,085
Loans [member] | Credit card [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	29,778	34,989
Loans [member] | Business and government [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	252,390	235,004
Trading loans [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	12,959	12,482
Customers' liability under acceptances [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	14,941	13,494
Amounts receivable from brokers dealers and clients [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	33,951	20,575
Other assets [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	7,326	5,913
Credit instruments [member]
Disclosure of credit risk exposure [line items]
Credit exposure	264,000	233,840
Unconditionally cancellable commitments to extend credit relating to personal lines of credit and credit card lines [member]
Disclosure of credit risk exposure [line items]
Credit exposure	$ 320,823	$ 311,138

Regulatory Capital - Additional

Regulatory Capital - Additional Information (Detail) - Basel III [member]	Oct. 31, 2020	Nov. 22, 2019	Jan. 01, 2016
Disclosure of regulatory capital [line items]
Common equity capital surcharge	1.00%		1.00%
Target common equity tier 1 capital ratio	8.00%		8.00%
Target tier 1 capital ratio	9.50%		9.50%
Target total capital ratio	11.50%		11.50%
D-SIB surcharge percentage		1.00%
G-SIB surcharge percentage		1.00%
Domestic Stability Buffer	1.00%
Target Common Equity tier 1 Capital Ratio including Domestic Stability Buffer	9.00%

Regulatory Capital - Summary of

Regulatory Capital - Summary of Regulatory Capital Position (Detail) - CAD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Capital
Common Equity Tier 1 Capital	$ 62,616	$ 55,042
Tier 1 Capital	69,091	61,683
Total Capital	80,021	74,122
Risk-weighted assets used in the calculation of capital ratios	$ 478,909	$ 455,977
Capital and leverage ratios
Common Equity Tier 1 Capital ratio	13.10%	12.10%
Tier 1 Capital ratio	14.40%	13.50%
Total Capital ratio	16.70%	16.30%
Leverage ratio	4.50%	4.00%

Information on Subsidiaries - L

Information on Subsidiaries - List of Directly or Indirectly Held Significant Subsidiaries (Detail) $ in Millions	12 Months Ended
	Oct. 31, 2020CAD ($)
North America [Member] | Meloche Monnex Inc. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Meloche Monnex Inc.
Head or principal office	Montreal, Québec
Description	Holding Company
Carrying value of shares owned by the Bank	$ 1,725
North America [Member] | Meloche Monnex Inc. [member] | Security National Insurance Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Security National Insurance Company
Head or principal office	Montreal, Québec
Description	Insurance Company
North America [Member] | Meloche Monnex Inc. [member] | Primmum Insurance Company [member] | Security National Insurance Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Primmum Insurance Company
Head or principal office	Toronto, Ontario
Description	Insurance Company
North America [Member] | Meloche Monnex Inc. [member] | TD Direct Insurance Inc. [member] | Security National Insurance Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Direct Insurance Inc.
Head or principal office	Toronto, Ontario
Description	Insurance Company
North America [Member] | Meloche Monnex Inc. [member] | TD General Insurance Company [member] | Security National Insurance Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD General Insurance Company
Head or principal office	Toronto, Ontario
Description	Insurance Company
North America [Member] | Meloche Monnex Inc. [member] | TD Home and Auto Insurance Company [member] | Security National Insurance Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Home and Auto Insurance Company
Head or principal office	Toronto, Ontario
Description	Insurance Company
North America [Member] | TD Wealth Holdings Canada Limited [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Wealth Holdings Canada Limited
Head or principal office	Toronto, Ontario
Description	Holding Company
Carrying value of shares owned by the Bank	$ 1,164
North America [Member] | TD Asset Management Inc. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Asset Management Inc.
Head or principal office	Toronto, Ontario
Description	Dealing in Securities
North America [Member] | TD Asset Management Inc. [member] | GMI Servicing Inc. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	GMI Servicing Inc.
Head or principal office	Regina, Saskatchewan
Description	Mortgage Servicing Entity
North America [Member] | TD Asset Management Inc. [member] | TD Waterhouse Private Investment Counsel Inc. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Waterhouse Private Investment Counsel Inc.
Head or principal office	Toronto, Ontario
Description	Investment Counselling and Portfolio Management
North America [Member] | TD Auto Finance (Canada) Inc. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Auto Finance (Canada) Inc.
Head or principal office	Toronto, Ontario
Description	Automotive Finance Entity
Carrying value of shares owned by the Bank	$ 2,791
North America [Member] | TD Group US Holdings LLC [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Group US Holdings LLC
Head or principal office	Wilmington, Delaware
Description	Holding Company
Carrying value of shares owned by the Bank	$ 73,421
North America [Member] | TD Group US Holdings LLC [member] | Toronto Dominion Holdings (U.S.A.), Inc [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Toronto Dominion Holdings (U.S.A.), Inc.
Head or principal office	New York, New York
Description	Holding Company
North America [Member] | TD Group US Holdings LLC [member] | TD Bank US Holding Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Bank US Holding Company
Head or principal office	Cherry Hill, New Jersey
Description	Holding Company
North America [Member] | TD Group US Holdings LLC [member] | TD Prime Services LLC [member] | Toronto Dominion Holdings (U.S.A.), Inc [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Prime Services LLC
Head or principal office	New York, New York
Description	Securities Dealer
North America [Member] | TD Group US Holdings LLC [member] | TD Securities (USA) LLC [member] | Toronto Dominion Holdings (U.S.A.), Inc [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Securities (USA) LLC
Head or principal office	New York, New York
Description	Securities Dealer
North America [Member] | TD Group US Holdings LLC [member] | Toronto Dominion (Texas) LLC [member] | Toronto Dominion Holdings (U.S.A.), Inc [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Toronto Dominion (Texas) LLC
Head or principal office	New York, New York
Description	Financial Services Entity
North America [Member] | TD Group US Holdings LLC [member] | Toronto Dominion (New York) LLC [member] | Toronto Dominion Holdings (U.S.A.), Inc [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Toronto Dominion (New York) LLC
Head or principal office	New York, New York
Description	Financial Services Entity
North America [Member] | TD Group US Holdings LLC [member] | Toronto Dominion Capital (U.S.A.), Inc. [member] | Toronto Dominion Holdings (U.S.A.), Inc [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Toronto Dominion Capital (U.S.A.), Inc.
Head or principal office	New York, New York
Description	Small Business Investment Company
North America [Member] | TD Group US Holdings LLC [member] | Toronto Dominion Investments, Inc. [member] | Toronto Dominion Holdings (U.S.A.), Inc [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Toronto Dominion Investments, Inc.
Head or principal office	New York, New York
Description	Merchant Banking and Investments
North America [Member] | TD Group US Holdings LLC [member] | Epoch Investment Partners, Inc [member] | TD Bank US Holding Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Epoch Investment Partners, Inc.
Head or principal office	New York, New York
Description	Investment Counselling and Portfolio Management
North America [Member] | TD Group US Holdings LLC [member] | TDAM USA Inc. [member] | TD Bank US Holding Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TDAM USA Inc.
Head or principal office	New York, New York
Description	Investment Counselling and Portfolio Management
North America [Member] | TD Group US Holdings LLC [member] | TD Bank USA, National Association [member] | TD Bank US Holding Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Bank USA, National Association
Head or principal office	Cherry Hill, New Jersey
Description	U.S. National Bank
North America [Member] | TD Group US Holdings LLC [member] | TD Bank, National Association [member] | TD Bank US Holding Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Bank, National Association
Head or principal office	Cherry Hill, New Jersey
Description	U.S. National Bank
North America [Member] | TD Group US Holdings LLC [member] | TD Bank, National Association [member] | TD Bank US Holding Company [member] | TD Auto Finance LLC [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Auto Finance LLC
Head or principal office	Farmington Hills, Michigan
Description	Automotive Finance Entity
North America [Member] | TD Group US Holdings LLC [member] | TD Bank, National Association [member] | TD Bank US Holding Company [member] | TD Equipment Finance, Inc. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Equipment Finance, Inc.
Head or principal office	Cherry Hill, New Jersey
Description	Financial Services Entity
North America [Member] | TD Group US Holdings LLC [member] | TD Bank, National Association [member] | TD Bank US Holding Company [member] | TD Private Client Wealth LLC [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Private Client Wealth LLC
Head or principal office	New York, New York
Description	Broker-dealer and Registered Investment Advisor
North America [Member] | TD Group US Holdings LLC [member] | TD Bank, National Association [member] | TD Bank US Holding Company [member] | TD Wealth Management Services Inc. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Wealth Management Services Inc.
Head or principal office	Cherry Hill, New Jersey
Description	Insurance Agency
North America [Member] | TD Investment Services Inc. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Investment Services Inc.
Head or principal office	Toronto, Ontario
Description	Mutual Fund Dealer
Carrying value of shares owned by the Bank	$ 30
North America [Member] | TD Life Insurance Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Life Insurance Company
Head or principal office	Toronto, Ontario
Description	Insurance Company
Carrying value of shares owned by the Bank	$ 91
North America [Member] | TD Mortgage Corporation [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Mortgage Corporation
Head or principal office	Toronto, Ontario
Description	Deposit-Taking Entity
Carrying value of shares owned by the Bank	$ 10,384
North America [Member] | TD Mortgage Corporation [member] | TD Pacific Mortgage Corporation [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Pacific Mortgage Corporation
Head or principal office	Vancouver, British Columbia
Description	Deposit-Taking Entity
North America [Member] | TD Mortgage Corporation [member] | The Canada Trust Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	The Canada Trust Company
Head or principal office	Toronto, Ontario
Description	Trust, Loans, and Deposit-Taking Entity
North America [Member] | TD Securities Inc. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Securities Inc.
Head or principal office	Toronto, Ontario
Description	Investment Dealer and Broker
Carrying value of shares owned by the Bank	$ 2,086
North America [Member] | TD Vermillion Holdings Limited [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Vermillion Holdings Limited
Head or principal office	Toronto, Ontario
Description	Holding Company
Carrying value of shares owned by the Bank	$ 27,212
North America [Member] | TD Vermillion Holdings Limited [member] | TD Financial International Ltd. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Financial International Ltd.
Head or principal office	Hamilton, Bermuda
Description	Holding Company
North America [Member] | TD Vermillion Holdings Limited [member] | TD Reinsurance (Barbados) Inc. [member] | TD Financial International Ltd. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Reinsurance (Barbados) Inc.
Head or principal office	St. James, Barbados
Description	Reinsurance Company
North America [Member] | TD Waterhouse Canada Inc. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Waterhouse Canada Inc.
Head or principal office	Toronto, Ontario
Description	Investment Dealer
Carrying value of shares owned by the Bank	$ 3,104
International [member] | TD Bank N.V. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Bank N.V.
Head or principal office	Amsterdam, The Netherlands
Description	Dutch Bank
Carrying value of shares owned by the Bank	$ 486
International [member] | TD Ireland Unlimited Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Ireland Unlimited Company
Head or principal office	Dublin, Ireland
Description	Holding Company
Carrying value of shares owned by the Bank	$ 886
International [member] | TD Ireland Unlimited Company [member] | TD Global Finance Unlimited Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Global Finance Unlimited Company
Head or principal office	Dublin, Ireland
Description	Securities Dealer
International [member] | TD Securities (Japan) Co. Ltd. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Securities (Japan) Co. Ltd.
Head or principal office	Tokyo, Japan
Description	Securities Dealer
Carrying value of shares owned by the Bank	$ 13
International [member] | Toronto Dominion Australia Limited [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Toronto Dominion Australia Limited
Head or principal office	Sydney, Australia
Description	Securities Dealer
Carrying value of shares owned by the Bank	$ 100
International [member] | Toronto Dominion Investments B.V. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Toronto Dominion Investments B.V.
Head or principal office	London, England
Description	Holding Company
Carrying value of shares owned by the Bank	$ 1,165
International [member] | Toronto Dominion Investments B.V. [member] | TD Bank Europe Limited [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Bank Europe Limited
Head or principal office	London, England
Description	UK Bank
International [member] | Toronto Dominion Investments B.V. [member] | Toronto Dominion Holdings (U.K.) Limited [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Toronto Dominion Holdings (U.K.) Limited
Head or principal office	London, England
Description	Holding Company
International [member] | Toronto Dominion Investments B.V. [member] | TD Securities Limited [member] | Toronto Dominion Holdings (U.K.) Limited [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Securities Limited
Head or principal office	London, England
Description	Securities Dealer
International [member] | Toronto Dominion (South East Asia) Limited [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Toronto Dominion (South East Asia) Limited
Head or principal office	Singapore, Singapore
Description	Financial Institution
Carrying value of shares owned by the Bank	$ 1,067

Information on Subsidiaries -_2

Information on Subsidiaries - List of Directly or Indirectly Held Significant Subsidiaries (Parenthetical) (Detail) - Toronto-Dominion Bank [member]	12 Months Ended
	Oct. 31, 2020
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100.00%
Proportion of voting rights held in subsidiary	100.00%

Information on Subsidiaries - A

Information on Subsidiaries - Additional Information (Detail) - CAD ($) $ in Billions	Oct. 31, 2020	Oct. 31, 2019
Disclosure of subsidiaries [abstract]
Net assets of subsidiaries subject to regulatory or capital adequacy requirements	$ 95	$ 86.3