The Toronto-Dominion Bank (TD) 6-K 27 May 21 2021 Q2 TD Bank Group Reports Second Quarter 2021 Results Financial data

Cover

Cover	6 Months Ended
	Apr. 30, 2021
Cover page.
Document Type	6-K
Amendment Flag	false
Document Period End Date	Apr. 30, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Entity Registrant Name	TORONTO DOMINION BANK
Entity Central Index Key	0000947263
Current Fiscal Year End Date	--10-31

Interim Consolidated Balance Sh

Interim Consolidated Balance Sheet - CAD ($) $ in Millions	Apr. 30, 2021	Oct. 31, 2020
ASSETS
Cash and due from banks	$ 5,718	$ 6,445
Interest-bearing deposits with banks	188,409	164,149
Cash and interest bearing deposits with banks	194,127	170,594
Trading loans, securities, and other (Note 4)	141,490	148,318
Non-trading financial assets at fair value through profit or loss (Note 4)	9,215	8,548
Derivatives (Note 4)	53,621	54,242
Financial assets designated at fair value through profit or loss (Note 4)	4,832	4,739
Financial assets at fair value through other comprehensive income (Notes 4, 5, 6)	89,599	103,285
Total Trading and Non Trading Financial Assets	298,757	319,132
Debt securities at amortized cost, net of allowance for credit losses (Notes 4, 5)	215,905	227,679
Securities purchased under reverse repurchase agreements (Note 4)	155,375	169,162
Loans (Notes 4, 6)
Residential mortgages	256,277	252,219
Consumer instalment and other personal	184,466	185,460
Credit card	29,281	32,334
Business and government	245,410	255,799
Gross loans	715,434	725,812
Allowance for loan losses (Note 6)	(6,998)	(8,289)
Loans, net of allowance for loan losses	708,436	717,523
Other
Customers' liability under acceptances	19,070	14,941
Goodwill (Note 8)	15,979	17,148
Other intangibles	1,915	2,125
Land, buildings, equipment, and other depreciable assets	9,261	10,136
Deferred tax assets (Note 15)	1,938	2,444
Amounts receivable from brokers, dealers, and clients	21,535	33,951
Other assets (Note 9)	16,063	18,856
Total other miscellaneous assets	96,458	111,775
Total assets	1,669,058	1,715,865
LIABILITIES
Trading deposits (Notes 4, 10)	33,679	19,177
Derivatives (Note 4)	58,019	53,203
Securitization liabilities at fair value (Note 4)	13,622	13,718
Financial liabilities designated at fair value through profit or loss (Notes 4, 10)	66,253	59,665
Total financial liabilities other than non-trading deposits and other	171,573	145,763
Deposits (Notes 4, 10)
Personal	626,462	625,200
Banks	26,174	28,969
Business and government	465,852	481,164
Total deposits, other than trading	1,118,488	1,135,333
Other
Acceptances	19,070	14,941
Obligations related to securities sold short (Note 4)	39,080	34,999
Obligations related to securities sold under repurchase agreements (Note 4)	148,326	188,876
Securitization liabilities at amortized cost (Note 4)	15,346	15,768
Amounts payable to brokers, dealers, and clients	20,514	35,143
Insurance-related liabilities	7,334	7,590
Other liabilities (Note 11)	23,543	30,476
Total other miscellaneous liabilities	273,213	327,793
Subordinated notes and debentures (Note 4)	11,269	11,477
Total liabilities	1,574,543	1,620,366
EQUITY
Contributed surplus	126	121
Retained earnings	59,035	53,845
Accumulated other comprehensive income (loss)	7,742	13,437
Total equity	94,515	95,499
Total liabilities and equity	1,669,058	1,715,865
Common shares [member]
EQUITY
Issued capital (Note 12)	22,790	22,487
Treasury shares (Note 12)	(123)	(37)
Preferred shares [member]
EQUITY
Issued capital (Note 12)	4,950	5,650
Treasury shares (Note 12)	(5)	(4)
Schwab and TD Ameritrade [member]
Other
Investment in Schwab (Note 7)	$ 10,697	$ 12,174

Interim Consolidated Statement

Interim Consolidated Statement of Income - CAD ($) $ in Millions		3 Months Ended		6 Months Ended
		Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Interest income
Loans	[1]	$ 5,827	$ 7,376	$ 12,017	$ 15,392
Securities
Interest	[1]	875	1,578	1,824	3,295
Dividends	[1]	443	416	838	951
Deposits with banks	[1]	81	105	157	225
Total interest income	[1]	7,226	9,475	14,836	19,863
Interest expense (Note 19)
Deposits		964	2,454	2,095	5,654
Securitization liabilities		84	99	160	225
Subordinated notes and debentures		92	106	186	213
Other		251	616	530	1,402
Total interest expense		1,391	3,275	2,971	7,494
Net interest income		5,835	6,200	11,865	12,369
Non-interest income
Investment and securities services		1,550	1,353	3,060	2,632
Credit fees		357	352	715	687
Net securities gain (loss) (Note 5)		(47)	(12)	(27)	(2)
Trading income (loss)		69	368	341	684
Income (loss) from non-trading financial instruments at fair value through profit or loss		48	(90)	116	(78)
Income (loss) from financial instruments designated at fair value through profit or loss		(232)	(84)	(258)	(58)
Service charges		628	654	1,271	1,389
Card services		557	510	1,152	1,130
Insurance revenue		1,088	1,127	2,316	2,258
Other income (loss)		375	150	489	126
Total non-interest income		4,393	4,328	9,175	8,768
Total revenue		10,228	10,528	21,040	21,137
Provision for (recovery of) credit losses (Note 6)		(377)	3,218	(64)	4,137
Insurance claims and related expenses		441	671	1,221	1,451
Non-interest expenses
Salaries and employee benefits (Notes 13,14)		3,125	2,927	6,281	5,960
Occupancy, including depreciation		488	462	1,033	900
Technology and equipment, including depreciation		423	408	827	785
Amortization of other intangibles		173	205	353	407
Communication and marketing		272	278	539	591
Restructuring charges (recovery)		17	(3)	41	(8)
Brokerage-related and sub-advisory fees		108	94	206	179
Professional, advisory and outside services		349	361	662	699
Other		774	389	1,571	1,075
Total non-interest expenses		5,729	5,121	11,513	10,588
Income (loss) before income taxes and share of net income from investment in Schwab and TD Ameritrade		4,435	1,518	8,370	4,961
Provision for (recovery of) income taxes		962	250	1,789	909
Net income	[2],[3]	3,695	1,515	6,972	4,504
Preferred dividends		65	68	130	135
Net income available to common shareholders		$ 3,630	$ 1,447	$ 6,842	$ 4,369
Earnings per share (Canadian dollars) (Note 16)
Basic		$ 2	$ 0.80	$ 3.77	$ 2.42
Diluted		1.99	0.80	3.76	2.42
Dividends per common share (Canadian dollars)		$ 0.79	$ 0.79	$ 1.58	$ 1.53
Schwab and TD Ameritrade [member]
Non-interest expenses
Share of net income from investment in Schwab and TD Ameritrade (Note 7)		$ 222	$ 247	$ 391	$ 452
[1]	Includes $6,397 million and $13,185 million, for the three and six months ended April 30, 2021, respectively (three and six months ended April 30, 2020 - $7,967 million and $16,569 million, respectively) which have been calculated based on the effective interest rate method. Refer to Note 19.
[2]	Certain comparative amounts have been reclassified to conform with the presentation adopted in the current period.
[3]	The amounts are net of income tax provisions (recoveries) presented in the following table.

Interim Consolidated Statemen_2

Interim Consolidated Statement of Income (Parenthetical) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Profit or loss [abstract]
Interest income calculated using effective interest rate method	$ 6,397	$ 7,967	$ 13,185	$ 16,569

Interim Consolidated Statemen_3

Interim Consolidated Statement of Comprehensive Income - CAD ($) $ in Millions		3 Months Ended		6 Months Ended
		Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Statement [Line Items]
Net income	[1],[2]	$ 3,695	$ 1,515	$ 6,972	$ 4,504
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],[2]	(114)	(328)	105	(273)
Reclassification to earnings of net losses (gains) in respect of debt securities at fair value through other comprehensive income	[1],[2]	(11)	8	(28)	1
Reclassification to earnings of changes in allowance for credit losses on debt securities at fair value through other comprehensive income	[1],[2]	(3)	6	(2)	6
Net change in unrealized gains (losses) on financial assets at fair value through other comprehensive income	[1],[2]	(128)	(314)	75	(266)
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],[2]	(3,276)	4,191	(6,647)	4,536
Net gains (losses) on hedges of investments in foreign operations	[1],[2]	1,065	(1,279)	2,150	(1,423)
Net change in unrealized foreign currency translation gains (losses) on Investments in foreign operations, net of hedging activities	[1],[2]	(2,211)	2,912	(4,497)	3,113
Net change in gains (losses) on derivatives designated as cash flow hedges
Change in gains (losses) on derivatives designated as cash flow hedges	[1],[2]	(849)	3,657	(1,369)	4,142
Reclassification to earnings of losses (gains) on cash flow hedges	[1],[2]	359	(1,217)	618	(1,402)
Net change in gains (losses) on derivatives designated as cash flow hedges	[1],[2]	(490)	2,440	(751)	2,740
Items that will not be subsequently reclassified to net income
Actuarial gains (losses) on employee benefit plans	[1],[2]	808	9	1,216	(143)
Change in net unrealized gains (losses) on equity securities designated at fair value through other comprehensive income	[1],[2]	171	(238)	269	(206)
Gains (losses) from changes in fair value due to own credit risk on financial liabilities designated at fair value through profit or loss	[1],[2]	18	12	35	(49)
Other comprehensive income that will not be reclassified to profit or loss net of tax	[1],[2]	997	(217)	1,520	(398)
Total other comprehensive income (loss), net of income taxes	[1],[2]	(2,602)	4,892	(4,479)	5,246
Total comprehensive income	[1],[2]	1,093	6,407	2,493	9,750
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	[1]	(292)	(74)	(241)	(58)
Less: Reclassification to earnings of net losses (gains) in respect of debt securities at fair value through other comprehensive income	[1]	2	(3)	6
Reclassification to earnings of changes in allowance for credit losses on debt securities at fair value through other comprehensive income	[1]		(2)		(2)
Unrealized gains (losses) on investments in foreign operations	[1]	0	0	0	0
Net gains (losses) on hedges of investments in foreign operations	[1]	377	(459)	763	(510)
Change in gains (losses) on derivatives designated as cash flow hedges	[1]	(539)	1,519	(929)	1,704
Less: Reclassification to earnings of losses (gains) on cash flow hedges	[1]	(368)	666	(664)	749
Actuarial gains (losses) on employee benefit plans	[1]	288	3	433	(51)
Change in net unrealized gains (losses) on equity securities designated at fair value through other comprehensive income	[1]	59	(87)	96	(76)
Gains (losses) from changes in fair value due to own credit risk on financial liabilities designated at fair value through profit or loss	[1]	6	4	13	(18)
Total income taxes	[1]	265	241	793	240
Schwab and TD Ameritrade [member]
Net change in gains (losses) on derivatives designated as cash flow hedges
Share of other comprehensive income (loss) from investment in Schwab and TD Ameritrade	[1],[2]	(770)	71	(826)	57
Common shares [member]
Attributable to:
Attributable to shareholders	[1],[2]	1,028	6,339	2,363	9,615
Preferred shares [member]
Attributable to:
Attributable to shareholders	[1],[2]	$ 65	$ 68	$ 130	$ 135
[1]	Certain comparative amounts have been reclassified to conform with the presentation adopted in the current period.
[2]	The amounts are net of income tax provisions (recoveries) presented in the following table.

Interim Consolidated Statemen_4

Interim Consolidated Statement of Changes in Equity - CAD ($) $ in Millions		Total		Schwab and TD Ameritrade [member]	[2]	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 gain (loss) on derivatives designated as cash flow hedges [member]Schwab and TD Ameritrade [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]
Balance as at beginning of period at Nov. 01, 2019	[1]					$ 21,713		$ 5,800		$ (41)		$ (6)		$ 157		$ 49,497						$ 14		$ 8,793		$ 1,497			$ 290		$ (40)
Impact on adoption of IFRS 16, Leases	[1]															(553)
Net premium (discount) on sale of treasury shares	[1]													(37)
Purchase of shares	[1]									(4,635)		(69)
Other comprehensive income (loss)	[1]	$ (266)	[2]																										(272)
Other comprehensive income (loss)	[1]																														(210)
Redemption of shares								0
Other comprehensive income (loss)	[1]	(49)	[2]																			(49)
Other comprehensive income (loss)	[1]	3,113	[2]																					3,113
Other comprehensive income (loss)	[1]	2,740	[2]																							2,740
Net income attributable to shareholders	[1]															4,504
Issuance of stock options, net of options exercised	[1]					53
Sale of shares	[1]									4,651		72
Allowance for credit losses	[1]	6	[2]																										6
Reclassification of loss (gain) to retained earnings	[1]																														4
Dividends	[1]																	$ (2,760)	$ (135)
Shares issued as a result of dividend reinvestment plan	[1]					143
Other	[1]													4
Net premium on repurchase of common shares, redemption of preferred shares, and other	[1]															(704)
Purchase of shares for cancellation and other	[1]					(143)
Actuarial gains (losses) on employee benefit plans	[1]	(143)	[2]													(143)
Realized gains (losses) on equity securities designated at fair value through other comprehensive income	[1]															(4)
Balance as at end of period at Apr. 30, 2020	[1]					21,766		5,800		(25)		(3)		124		49,702				$ 15,970		(35)		11,906		4,237			24		(246)		$ 93,334
Share of accumulated other comprehensive income (loss) from investment in Schwab and TD Ameritrade	[1]			$ 57																								$ 84
Balance as at beginning of period at Feb. 01, 2020	[1]					21,773		5,800		(131)		(7)		161		50,119						(47)		8,994		1,797			338		(8)
Net premium (discount) on sale of treasury shares	[1]													(32)
Purchase of shares	[1]									(2,359)		(31)
Other comprehensive income (loss)	[1]	(314)	[2]																										(320)
Other comprehensive income (loss)	[1]																														(242)
Redemption of shares								0
Other comprehensive income (loss)	[1]	12	[2]																			12
Other comprehensive income (loss)	[1]	2,912	[2]																					2,912
Other comprehensive income (loss)	[1]	2,440	[2]																							2,440
Net income attributable to shareholders	[1]															1,515
Issuance of stock options, net of options exercised	[1]					12								1
Sale of shares	[1]									2,465		35
Allowance for credit losses	[1]	6	[2]																										6
Reclassification of loss (gain) to retained earnings	[1]																														4
Dividends	[1]																	(1,421)	(68)
Shares issued as a result of dividend reinvestment plan	[1]					74
Other	[1]													(6)
Net premium on repurchase of common shares, redemption of preferred shares, and other	[1]															(448)
Purchase of shares for cancellation and other	[1]					(93)
Actuarial gains (losses) on employee benefit plans	[1]	9	[2]													9
Realized gains (losses) on equity securities designated at fair value through other comprehensive income	[1]															(4)
Balance as at end of period at Apr. 30, 2020	[1]					21,766		5,800		(25)		(3)		124		49,702				15,970		(35)		11,906		4,237			24		(246)		93,334
Share of accumulated other comprehensive income (loss) from investment in Schwab and TD Ameritrade	[1]			71																								84
Balance as at beginning of period at Oct. 31, 2020		95,499				22,487	[1]	5,650	[1]	(37)	[1]	(4)	[1]	121	[1]	53,845	[1]					(37)	[1]	9,357	[1]	3,826	[1]		543	[1]	(252)	[1]
Net premium (discount) on sale of treasury shares	[1]													(6)
Purchase of shares	[1]									(5,833)		(79)
Other comprehensive income (loss)	[1]	75	[2]																										77
Other comprehensive income (loss)	[1]																														270
Redemption of shares	[1]							(700)
Other comprehensive income (loss)	[1]	35	[2]																			35
Other comprehensive income (loss)	[1]	(4,497)	[2]																					(4,497)
Other comprehensive income (loss)	[1]	(751)	[2]																							(751)
Net income attributable to shareholders	[1]															6,972
Issuance of stock options, net of options exercised	[1]					90								5
Sale of shares	[1]									5,747		78
Allowance for credit losses	[1]	(2)	[2]																										(2)
Reclassification of loss (gain) to retained earnings	[1]																														(1)
Dividends	[1]																	(2,868)	(130)
Shares issued as a result of dividend reinvestment plan	[1]					213
Other	[1]													6
Net premium on repurchase of common shares, redemption of preferred shares, and other	[1]															(1)
Actuarial gains (losses) on employee benefit plans	[1]	1,216	[2]													1,216
Realized gains (losses) on equity securities designated at fair value through other comprehensive income	[1]															1
Balance as at end of period at Apr. 30, 2021		94,515				22,790	[1]	4,950	[1]	(123)	[1]	(5)	[1]	126	[1]	59,035	[1]			7,742	[1]	(2)	[1]	4,860	[1]	3,075	[1]		618	[1]	17	[1]	94,515	[1]
Share of accumulated other comprehensive income (loss) from investment in Schwab and TD Ameritrade	[1]			(826)																								(826)
Balance as at beginning of period at Jan. 31, 2021	[1]					22,645		5,650		(171)		(4)		121		56,032						(20)		7,071		3,565			746		(154)
Net premium (discount) on sale of treasury shares	[1]													2
Purchase of shares	[1]									(2,688)		(45)
Other comprehensive income (loss)	[1]	(128)	[2]																										(125)
Other comprehensive income (loss)	[1]																														172
Redemption of shares	[1]							(700)
Other comprehensive income (loss)	[1]	18	[2]																			18
Other comprehensive income (loss)	[1]	(2,211)	[2]																					(2,211)
Other comprehensive income (loss)	[1]	(490)	[2]																							(490)
Net income attributable to shareholders	[1]															3,695
Issuance of stock options, net of options exercised	[1]					44								1
Sale of shares	[1]									2,736		44
Allowance for credit losses	[1]	(3)	[2]																										(3)
Reclassification of loss (gain) to retained earnings	[1]																														(1)
Dividends	[1]																	$ (1,435)	$ (65)
Shares issued as a result of dividend reinvestment plan	[1]					101
Other	[1]													2
Net premium on repurchase of common shares, redemption of preferred shares, and other	[1]															(1)
Actuarial gains (losses) on employee benefit plans	[1]	808	[2]													808
Realized gains (losses) on equity securities designated at fair value through other comprehensive income	[1]															1
Balance as at end of period at Apr. 30, 2021		$ 94,515				$ 22,790	[1]	$ 4,950	[1]	$ (123)	[1]	$ (5)	[1]	$ 126	[1]	$ 59,035	[1]			$ 7,742	[1]	$ (2)	[1]	$ 4,860	[1]	$ 3,075	[1]		$ 618	[1]	$ 17	[1]	$ 94,515	[1]
Share of accumulated other comprehensive income (loss) from investment in Schwab and TD Ameritrade	[1]			$ (770)																								$ (826)
[1]	Certain comparative amounts have been reclassified to conform with the presentation adopted in the current period.
[2]	The amounts are net of income tax provisions (recoveries) presented in the following table.

Interim Consolidated Statemen_5

Interim Consolidated Statement of Cash Flows - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Cash flows from (used in) operating activities
Net income before income taxes, including share of net income from investment in Schwab and TD Ameritrade	$ 4,657	$ 1,765	$ 8,761	$ 5,413
Adjustments to determine net cash flows from (used in) operating activities
Provision for (recovery of) credit losses (Note 6)	(377)	3,218	(64)	4,137
Depreciation	370	304	769	595
Amortization of other intangibles	173	205	353	407
Net securities losses (gains) (Note 5)	47	12	27	2
Deferred taxes	197	(542)	366	(416)
Changes in operating assets and liabilities
Interest receivable and payable (Notes 9, 11)	(128)	(76)	(144)	(155)
Securities sold under repurchase agreements	(27,346)	37,421	(40,550)	37,861
Securities purchased under reverse repurchase agreements	801	(1,996)	13,787	(1,856)
Securities sold short	(2,688)	(8,757)	4,081	(925)
Trading loans and securities	14,861	30,645	6,828	14,170
Loans net of securitization and sales	(2,084)	(56,653)	9,090	(66,101)
Deposits	(34,183)	168,943	(2,343)	190,842
Derivatives	1,267	(777)	5,437	(2,003)
Non-trading financial assets at fair value through profit or loss	(1,525)	(1,496)	(667)	(2,165)
Financial assets and liabilities designated at fair value through profit or loss	16,591	(17,841)	6,495	(10,506)
Securitization liabilities	133	817	(518)	845
Current taxes	338	(452)	805	(710)
Brokers, dealers and clients amounts receivable and payable	3,124	(3,832)	(2,213)	(5,179)
Other	9,258	(12,843)	16,377	(15,271)
Net cash from (used in) operating activities	16,736	137,818	26,286	148,533
Cash flows from (used in) financing activities
Issuance of subordinated notes and debentures		3,000		3,000
Redemption or repurchase of subordinated notes and debentures	8	(5)	10	(69)
Common shares issued (Note 12)	39	10	79	46
Repurchase of common shares (Note 12)		(541)		(847)
Redemption of preferred shares (Note 12)	(700)		(700)
Sale of treasury shares (Note 12)	2,782	2,468	5,819	4,686
Purchase of treasury shares (Note 12)	(2,733)	(2,390)	(5,912)	(4,704)
Dividends paid	(1,399)	(1,415)	(2,785)	(2,752)
Repayment of lease liabilities	(145)	(155)	(281)	(298)
Net cash from (used in) financing activities	(2,148)	972	(3,770)	(938)
Cash flows from (used in) investing activities
Interest-bearing deposits with banks	28,697	(112,703)	(24,260)	(121,177)
Activities in financial assets at fair value through other comprehensive income (Note 5)
Purchases	(5,456)	(22,094)	(11,608)	(29,509)
Proceeds from maturities	10,313	9,229	18,249	18,766
Proceeds from sales	548	5,106	1,153	6,901
Activities in debt securities at amortized cost (Note 5)
Purchases	(41,497)	(24,231)	(68,775)	(39,332)
Proceeds from maturities	25,006	6,325	61,122	17,469
Proceeds from sales	1,105	8	1,702	172
Net purchases of land, buildings, equipment, and other depreciable assets	(183)	(369)	(485)	(629)
Net cash from (used in) investing activities	18,533	(138,729)	(22,902)	(147,339)
Effect of exchange rate changes on cash and due from banks	(181)	163	(341)	178
Net increase (decrease) in cash and due from banks	(532)	224	(727)	434
Cash and due from banks at beginning of period	6,250	5,073	6,445	4,863
Cash and due from banks at end of period	5,718	5,297	5,718	5,297
Supplementary disclosure of cash flows from operating activities
Amount of income taxes paid (refunded) during the period	900	619	1,595	1,345
Amount of interest paid during the period	1,585	3,070	3,285	7,305
Amount of interest received during the period	6,849	9,038	14,168	18,960
Amount of dividends received during the period	438	440	830	930
Schwab and TD Ameritrade [member]
Adjustments to determine net cash flows from (used in) operating activities
Share of net income from investment in Schwab and TD Ameritrade (Note 7)	$ (222)	$ (247)	$ (391)	$ (452)

IFRS 7 Disclosure

IFRS 7 Disclosure	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
IFRS 7 Disclosure	MARKET RISK Market risk capital is calculated using internal models and comprises three components: (1) Value-at-Risk (VaR); (2) Stressed VaR; and (3) Incremental Risk Charge (IRC). In addition, the Bank calculates market risk capital using the Standardized approach for a limited number of portfolios. Calculating VaR TD computes total VaR on a daily basis by combining the General Market Risk (GMR) and Idiosyncratic Debt Specific Risk (IDSR) associated with the Bank’s 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 holding period is used for GMR calculation, which is scaled up to ten days for regulatory capital calculation purposes. 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 holding period. The following graph discloses daily one-day VaR usage and trading net revenue, reported on a taxable equivalent basis, within Wholesale Banking. Trading net revenue includes trading income and net interest income related to positions within the Bank’s market risk capital trading books. For the quarter ending April 30, 2021, there were 2 days of trading losses and trading net revenue was positive for 97% of the trading days, reflecting normal trading activity. Losses in the quarter did not exceed VaR on any trading 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. To mitigate some of the shortcomings of VaR, the Bank uses additional metrics designed for risk management and capital purposes. These include Stressed VaR, IRC, Stress Testing Framework, as well as limits based on the sensitivity to various market risk factors. Calculating Stressed VaR 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 second quarter of 2021, Stressed VaR was calculated using the one-year period that includes the COVID-19 Calculating the Incremental Risk Charge 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. TD applies a Monte Carlo simulation with a one-year horizon and a 99.9% confidence level to determine IRC, which is consistent with regulatory requirements. IRC is based on a “constant level of risk” assumption, which requires banks to assign a liquidity horizon to positions that are subject to IRC. IRC is a part of regulatory capital requirements. The following table presents the end of quarter, average, high, and low usage of TD’s portfolio metrics. TABLE 28: PORTFOLIO MARKET RISK MEASURES (millions of Canadian dollars) For the three months ended For the six months ended April 30 2021 January 31 April 30 April 30 April 30 As at Average High Low Average Average Average Average Interest rate risk $ 17.5 $ 18.6 $ 33.5 $ 11.0 $ 21.2 $ 19.7 $ 19.9 $ 16.7 Credit spread risk 6.9 19.4 34.0 5.7 24.6 47.9 22.0 28.7 Equity risk 8.7 10.2 14.1 8.2 10.1 10.5 10.2 8.7 Foreign exchange risk 2.7 2.0 3.9 0.8 3.0 4.8 2.5 4.6 Commodity risk 3.4 4.8 7.5 3.2 6.3 2.9 5.5 2.4 Idiosyncratic debt specific risk 28.0 31.1 37.9 26.1 30.8 34.2 31.0 24.3 Diversification effect 1 (34.6 ) (51.7 ) n/m 2 n/m (62.2 ) (68.6 ) (57.0 ) (50.0 ) Total Value-at-Risk (one-day) 32.6 34.4 41.3 28.2 33.8 51.4 34.1 35.4 Stressed Value-at-Risk (one-day) 36.2 35.0 39.3 28.5 33.4 76.6 34.2 60.8 Incremental Risk Capital Charge (one-year) $ 307.2 $ 363.0 $ 424.3 $ 307.2 $ 356.6 $ 338.0 $ 359.8 $ 273.9 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. VaR and Stressed VaR remained relatively stable quarter over quarter. Average VaR showed a significant decrease compared to the same quarter last year, mostly driven by COVID-19 related VaR scenarios dropping out of the one-year historical range and stabilization of credit spreads and equity volatilities. Average Stressed VaR also decreased compared to the same quarter last year mainly due to stronger capital markets. Average IRC increased compared to the same quarter last year due to wider credit spread shocks observed during COVID-19 as well as positions in corporate and government bonds. Average IRC remained relatively flat quarter over quarter. Validation of VaR Model The Bank uses a back-testing process to compare the actual and theoretical profit and losses to VaR to ensure 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 horizon and 99.9% confidence level preclude standard back-testing techniques. Instead, key parameters of the IRC model such as transition and correlation matrices are subject to independent validation by benchmarking against external study results or through analysis using internal or external data. Structural (Non-Trading) Interest Rate Risk The Bank’s structural interest rate risk arises from traditional personal and commercial banking activity and is generally the result of mismatches between the maturities and repricing dates of the Bank’s assets and liabilities. The measurement of interest rate risk in the banking book does not include exposures from TD’s Wholesale Banking or Insurance businesses. The primary measures for this risk are Economic Value of Shareholders’ Equity (EVE) Sensitivity and Net Interest Income Sensitivity (NIIS). The EVE Sensitivity measures the impact of a specified interest rate shock to the change in the net present value of the Bank’s banking book assets, liabilities, and certain off-balance sheet items. It reflects a measurement of the potential present value impact on shareholders’ equity without an assumed term profile for the management of the Bank’s own equity and excludes product margins. The NIIS measures the NII change over a twelve-month horizon for a specified change in interest rates for banking book assets, liabilities, and certain off-balance sheet items assuming a constant balance sheet over the period. The Bank’s Market Risk policy sets overall limits on the structural interest rate risk measures. These limits are periodically reviewed and approved by the Risk Committee of the Board. In addition to the Board policy limits, book-level risk limits are set for the Bank’s management of non-trading interest rate risk by Risk Management. Exposures against these limits are routinely monitored and reported, and breaches of the Board limits, if any, are escalated to both the Asset/Liability and Capital Committee (ALCO) and the Risk Committee of the Board. The following table shows the potential before-tax impact of an immediate and sustained 100 bps increase or decrease in interest rates on the EVE and NIIS measures. Interest rate floors are applied by currency to the decrease in rates such that they do not exceed expected lower bounds, with the most material currencies set to a floor of -25 TABLE 29: STRUCTURAL INTEREST RATE SENSITIVITY MEASURES (millions of Canadian dollars) As at April 30, 2021 January 31, 2021 October 31, 2020 EVE Sensitivity NII 1 Sensitivity EVE NII 1 EVE NII Canada U.S. Total Canada U.S. Total Total Total Total Total Before-tax impact of 100 bps increase in rates $ 49 $ (1,559 ) $ (1,510 ) $ 1,037 $ 1,064 $ 2,101 $ (1,625 ) $ 2,299 $ (1,876 ) $ 1,926 100 bps decrease in rates (189 ) 518 329 (551 ) (376 ) (927 ) 143 (934 ) 277 (872 ) 1 Represents the twelve-month net interest income (NII) exposure to an immediate and sustained shock in rates. As at April 30, 2021, an immediate and sustained 100 bps increase in interest rates would have had a negative impact to the Bank’s EVE of $1,510 million, a decrease of $115 million from last quarter, and a positive impact to the Bank’s NII of $2,101 million, a decrease of $198 million from last quarter. An immediate and sustained 100 bps decrease in interest rates would have had a positive impact to the Bank’s EVE of $329 million, an increase of $186 million from last quarter, and a negative impact to the Bank’s NII of $927 million, a decrease of $7 million from last quarter. The quarter-over-quarter decrease in up shock EVE was primarily driven by decreased sensitivity from U.S. mortgage prepayment optionality. NII Sensitivity was approximately flat compared with the prior quarter. Liquidity Risk Liquidity risk is the risk of having insufficient cash or collateral to meet financial obligations and an inability to, in a timely manner, raise funding or monetize assets at a non-distressed TD’S LIQUIDITY RISK APPETITE The Bank maintains a prudent and disciplined approach to managing its potential exposure to liquidity risk. The Bank targets a 90-day survival horizon under a combined bank-specific and market-wide stress scenario, and a minimum buffer over regulatory requirements prescribed by the OSFI Liquidity Adequacy Requirements (LAR) guidelines. Under the LAR guidelines, Canadian banks are required to maintain a Liquidity Coverage Ratio (LCR) at the minimum of 100% other than during periods of financial stress and to maintain a Net Stable Funding Ratio (NSFR) at the minimum of 100%. The Bank’s funding program emphasizes maximizing deposits as a core source of funding, and having ready access to wholesale funding markets across diversified terms, funding types, and currencies that is designed to ensure low exposure to a sudden contraction of wholesale funding capacity and to minimize structural liquidity gaps. The Bank also maintains a comprehensive contingency funding plan to enhance preparedness for recovery from potential liquidity stress events. The Bank’s strategies and actions comprise an integrated liquidity risk management program that is designed to ensure low exposure to liquidity risk and compliance with regulatory requirements. LIQUIDITY RISK MANAGEMENT RESPONSIBILITY The Bank’s ALCO oversees the Bank’s liquidity risk management program. It ensures there are effective management structures and practices in place to properly measure and manage liquidity risk. The Global Liquidity & Funding Committee, a subcommittee of the ALCO comprised of senior management from Treasury and Balance Sheet Management (TBSM), Risk Management and Wholesale Banking, identifies and monitors the Bank’s liquidity risks. The management of liquidity risk is the responsibility of the Head of TBSM, while oversight and challenge is provided by the ALCO and independently by Risk Management. The Risk Committee of the Board regularly reviews the Bank’s liquidity position and approves the Bank’s Liquidity Risk Management Framework bi-annually and the related policies annually. The Bank has established TDGUS as TD’s U.S. Intermediate Holding Company (IHC), as well as a Combined U.S. Operations (CUSO) reporting unit that consists of the IHC and TD’s U.S. branch and agency network. Both TDGUS and CUSO are managed to the U.S. Enhanced Prudential Standards liquidity requirements in addition to the Bank’s liquidity management framework. The Bank’s liquidity risk appetite and liquidity risk management approach have not substantially changed from that described in the Bank’s 2020 Annual Report. For a complete discussion of liquidity risk, refer to the “Liquidity Risk” section in the Bank’s 2020 Annual Report. Liquid assets The unencumbered liquid assets the Bank holds to meet its liquidity requirements must be high-quality securities that the Bank believes can be monetized quickly in stress conditions with minimum loss in market value. The liquidity value of unencumbered liquid assets considers estimated market or trading depths, settlement timing, and/or other identified impediments to potential sale or pledging. Overall, the Bank expects any reduction in market value of its liquid asset portfolio to be modest given the underlying high credit quality and demonstrated liquidity. Assets held by the Bank to meet liquidity requirements are summarized in the following tables. The tables do not include assets held within the Bank’s insurance businesses due to investment restrictions. TABLE 30: SUMMARY OF LIQUID ASSETS BY TYPE AND CURRENCY 1,2,3 (millions of Canadian dollars, except as noted) As at Bank-owned Securities Total % of Encumbered Unencumbered April 30, 2021 Cash and central bank reserves $ 72,909 $ – $ 72,909 9 % $ 1,107 $ 71,802 Canadian government obligations 27,281 84,610 111,891 13 72,112 39,779 National Housing Act Mortgage-Backed Securities (NHA MBS) 27,002 8 27,010 3 2,358 24,652 Obligations of provincial governments, public sector entities and multilateral development banks 4 26,160 23,402 49,562 6 33,328 16,234 Corporate issuer obligations 8,147 3,110 11,257 1 2,578 8,679 Equities 14,015 3,051 17,066 2 10,905 6,161 Total Canadian dollar-denominated 175,514 114,181 289,695 34 122,388 167,307 Cash and central bank reserves 113,900 – 113,900 13 21 113,879 U.S. government obligations 56,498 49,091 105,589 13 46,521 59,068 U.S. federal agency obligations, including U.S. federal agency mortgage-backed obligations 68,977 4,167 73,144 9 14,880 58,264 Obligations of other sovereigns, public sector entities and multilateral development banks 4 63,100 50,534 113,634 13 46,158 67,476 Corporate issuer obligations 72,718 2,587 75,305 9 8,551 66,754 Equities 40,151 32,205 72,356 9 35,182 37,174 Total non-Canadian dollar-denominated 415,344 138,584 553,928 66 151,313 402,615 Total $ 590,858 $ 252,765 $ 843,623 100 % $ 273,701 $ 569,922 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 NHA MBS 30,763 23 30,786 3 2,294 28,492 Obligations of provincial governments, public sector entities and multilateral development banks 4 22,999 24,441 47,440 6 34,990 12,450 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 Total Canadian dollar-denominated 211,866 113,181 325,047 37 130,486 194,561 Cash and central bank reserves 69,183 – 69,183 8 51 69,132 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 Obligations of other sovereigns, public sector entities and multilateral development banks 4 61,171 55,449 116,620 14 49,771 66,849 Corporate issuer obligations 78,238 2,108 80,346 9 8,297 72,049 Equities 31,258 38,684 69,942 8 36,716 33,226 Total non-Canadian dollar-denominated 396,682 159,562 556,244 63 169,915 386,329 Total $ 608,548 $ 272,743 $ 881,291 100 % $ 300,401 $ 580,890 1 Certain comparative amounts have been reclassified to conform with the presentation adopted in the current period. 2 Positions stated include gross asset values pertaining to securities financing transactions. 3 Liquid assets include collateral received that can be re-hypothecated or otherwise redeployed. 4 Includes debt obligations issued or guaranteed by these entities. Unencumbered liquid assets are held in The Toronto-Dominion Bank and multiple domestic and foreign subsidiaries and branches and are summarized in the following table. TABLE 31: SUMMARY OF UNENCUMBERED LIQUID ASSETS BY BANK, SUBSIDIARIES, AND BRANCHES (millions of Canadian dollars) As at April 30 2021 October 31 2020 The Toronto-Dominion Bank (Parent) $ 199,967 $ 230,369 Bank subsidiaries 348,044 334,308 Foreign branches 21,911 16,213 Total $ 569,922 $ 580,890 FUNDING The Bank has access to a variety of unsecured and secured funding sources. The Bank’s funding activities are conducted in accordance with the liquidity management policy that requires assets be funded to the appropriate term and to a prudent diversification profile. The Bank’s primary approach to managing funding activities is to maximize the use of deposits raised through personal and commercial banking channels. The following table illustrates the Bank’s large base of personal and commercial, wealth, and Schwab sweep deposits (collectively, “P&C deposits”) that make up over 75% of total funding. As a result of the economic impact of COVID-19, the Bank of Canada took a number of actions to help Canadians bridge this difficult period by making credit affordable and available. The Bank of Canada set up or expanded numerous programs which involve acquiring financial assets and lending to financial institutions to support the proper functioning of the financial system and the ability of financial institutions to continue lending. The Bank has used certain of these programs including the Term Repo operations, the Standing Term Liquidity Facility, the Bankers’ Acceptance Purchase Facility, and the Commercial Paper Purchase Facility. CMHC launched a revised Insured Mortgage Purchase Program (IMPP) as part of Canada’s COVID-19 Economic Response Plan. Under the IMPP, CMHC purchases insured mortgage pools to provide stable funding to banks and mortgage lenders to ensure continued lending to Canadians. The Bank used the IMPP during the second quarter of fiscal 2020 and has not participated in subsequent purchase operations. Globally, central banks and governments have made available similar asset purchase and lending programs to support market liquidity. Where appropriate, the Bank has accessed certain of these programs. TABLE 39: SUMMARY OF DEPOSIT FUNDING (millions of Canadian dollars) As at April 30 2021 October 31 2020 P&C deposits – Canadian Retail $ 492,396 $ 471,543 P&C deposits – U.S. Retail 466,019 477,738 Total $ 958,415 $ 949,281 WHOLESALE FUNDING The Bank actively maintains various registered external wholesale term (greater than 1 year) funding programs to provide access to diversified funding sources, including asset securitization, covered bonds, and unsecured wholesale debt. The Bank also raises term funding through Senior Notes, NHA MBS, CMB, and notes backed by credit card receivables (Evergreen Credit Card Trust). The Bank’s wholesale funding is diversified by geography, by currency, and by funding types. The Bank raises short-term (1 year and less) funding using certificates of deposit and commercial paper. The Bank maintains depositor concentration limits in respect of short-term wholesale deposits so that it is not overly reliant on individual depositors for funding. The Bank further limits short-term wholesale funding maturity concentration in an effort to mitigate refinancing risk during a stress event. MATURITY ANALYSIS OF ASSETS, LIABILITIES, AND OFF-BALANCE SHEET COMMITMENTS The following table summarizes on-balance sheet and off-balance sheet categories by remaining contractual maturity. Off-balance sheet commitments include contractual obligations to make future payments on operating capital lease commitments, certain purchase obligations, and other liabilities. The values of credit instruments reported in the following table represent the maximum amount of additional credit that the Bank could be obligated to extend should such instruments be fully drawn or utilized. Since a significant portion of guarantees and commitments are expected to expire without being drawn upon, the total of the contractual amounts is not representative of expected future liquidity requirements. These contractual obligations have an impact on the Bank’s short-term and long-term liquidity and capital resource needs. The maturity analysis presented does not depict the degree of the Bank’s maturity transformation or the Bank’s exposure to interest rate and liquidity risk. The Bank ensures that assets are appropriately funded to protect against borrowing cost volatility and potential reductions to funding market availability. The Bank utilizes stable non-maturity deposits (chequing and savings accounts) and term deposits as the primary source of long-term funding for the Bank’s non-trading assets including personal and business term loans and the stable balance of revolving lines of credit. The Bank issues long-term funding based primarily on the projected net growth of non-trading assets and raises short term funding primarily to finance trading assets. The liquidity of trading assets under stressed market conditions is considered when determining the appropriate term of the funding. TABLE 42: REMAINING CONTRACTUAL MATURITY (millions of Canadian dollars) As at April 30, 2021 Less than 1 1 to 3 months 3 to 6 months 6 to 9 9 months to 1 year Over 1 to 2 years Over 2 to 5 years Over 5 years No specific maturity Total Assets Cash and due from banks $ 5,709 $ 9 $ – $ – $ – $ – $ – $ – $ – $ 5,718 Interest-bearing deposits with banks 186,125 571 185 – – – – – 1,528 188,409 Trading loans, securities, and other 1 1,945 2,513 6,052 2,276 4,429 9,122 27,430 20,615 67,108 141,490 Non-trading financial assets at fair value through profit or loss 70 1,539 277 74 820 1,296 2,288 1,952 899 9,215 Derivatives 7,460 7,006 4,764 3,709 3,123 6,104 10,979 10,476 – 53,621 Financial assets designated at fair value through profit or loss 548 234 252 239 174 396 1,318 1,671 – 4,832 Financial assets at fair value through other comprehensive income 1,202 5,294 5,781 8,115 11,617 6,038 21,902 25,515 4,135 89,599 Debt securities at amortized cost, net of allowance for credit losses 3,944 5,191 5,989 5,064 6,323 15,800 63,637 109,959 (2 ) 215,905 Securities purchased under reverse repurchase agreements 2 97,059 31,931 9,562 7,463 8,825 96 334 105 – 155,375 Loans Residential mortgages 571 3,222 8,034 6,632 5,786 36,782 154,678 40,572 – 256,277 Consumer instalment and other personal 810 1,666 3,044 2,691 2,590 14,189 76,050 26,778 56,648 184,466 Credit card – – – – – – – – 29,281 29,281 Business and government 23,404 9,752 9,106 7,432 11,053 27,185 69,121 60,881 27,476 245,410 Total loans 24,785 14,640 20,184 16,755 19,429 78,156 299,849 128,231 113,405 715,434 Allowance for loan losses – – – – – – – – (6,998 ) (6,998 ) Loans, net of allowance for loan losses 24,785 14,640 20,184 16,755 19,429 78,156 299,849 128,231 106,407 708,436 Customers’ liability under acceptances 14,114 4,906 50 – – – – – – 19,070 Investment in Schwab – – – – – – – – 10,697 10,697 Goodwill 3 – – – – – – – – 15,979 15,979 Other intangibles 3 – – – – – – – – 1,915 1,915 Land, buildings, equipment, and other depreciable assets 3 1 1 1 6 4 24 324 3,930 4,970 9,261 Deferred tax assets – – – – – – – – 1,938 1,938 Amounts receivable from brokers, dealers, and clients 21,535 – – – – – – – – 21,535 Other assets 3,496 1,248 244 110 1,435 78 115 90 9,247 16,063 Total assets $ 367,993 $ 75,083 $ 53,341 $ 43,811 $ 56,179 $ 117,110 $ 428,176 $ 302,544 $ 224,821 $ 1,669,058 Liabilities Trading deposits $ 5,288 $ 5,654 $ 7,194 $ 5,035 $ 3,031 $ 2,823 $ 3,441 $ 1,213 $ – $ 33,679 Derivatives 8,800 6,865 4,920 3,957 2,350 6,386 11,635 13,106 – 58,019 Securitization liabilities at fair value – 620 344 643 1,022 2,252 6,235 2,506 – 13,622 Financial liabilities designated at fair value through profit or loss 12,451 19,487 14,067 8,664 11,452 123 3 6 – 66,253 Deposits 4,5 Personal 5,742 10,552 8,300 6,711 7,617 8,762 7,042 28 571,708 626,462 Banks 8,793 2,150 158 272 100 2 2 3 14,694 26,174 Business and government 24,216 22,871 10,087 6,532 7,142 16,927 45,711 4,653 327,713 465,852 Total deposits 38,751 35,573 18,545 13,515 14,859 25,691 52,755 4,684 914,115 1,118,488 Acceptances 14,114 4,906 50 – – – – – – 19,070 Obligations related to securities sold short 1 2,572 3,406 1,030 630 1,995 3,865 11,758 12,700 1,124 39,080 Obligations related to securities sold under repurchase agreements 2 119,778 11,063 8,936 1,862 3,102 1,483 1,380 722 – 148,326 Securitization liabilities at amortized cost – 422 404 340 419 1,872 7,747 4,142 – 15,346 Amounts payable to brokers, dealers, and clients 20,514 – – – – – – – – 20,514 Insurance-related liabilities 153 260 386 386 407 940 1,634 893 2,275 7,334 Other liabilities 5,148 1,257 1,820 1,329 553 1,676 1,238 4,980 5,542 23,543 Subordinated notes and debentures – – – – – – 200 11,069 – 11,269 Equity – – – – – – – – 94,515 94,515 Total liabilities and equity $ 227,569 $ 89,513 $ 57,696 $ 36,361 $ 39,190 $ 47,111 $ 98,026 $ 56,021 $ 1,017,571 $ 1,669,058 Off-balance sheet commitments Credit and liquidity commitments 6,7 $ 18,168 $ 32,868 $ 19,949 $ 18,995 $ 18,945 $ 39,193 $ 105,515 $ 4,041 $ 1,207 $ 258,881 Other commitments 8 103 113 180 238 154 659 932 910 – 3,289 Unconsolidated structured entity commitments – 1,008 384 1,640 270 544 – – – 3,846 Total off-balance sheet commitments $ 18,271 $ 33,989 $ 20,513 $ 20,873 $ 19,369 $ 40,396 $ 106,447 $ 4,951 $ 1,207 $ 266,016 1 Amount has been recorded according to the remaining contractual maturity of the underlying security. 2 Certain contracts considered short-term are presented in ‘less than 1 month’ category. 3 Certain non-financial assets have been recorded as having ‘no specific maturity’. 4 As the timing of demand deposits and notice deposits is non-specific and callable by the depositor, obligations have been included as having ‘no specific maturity’. 5 Includes $35 billion of covered bonds with remaining contractual maturities of $5 billion in ‘over 1 months to 3 months’, $4 billion in ‘over 3 months to 6 months’, $3 billion in ‘over 6 months to 9 months’, $2 billion in ‘over 9 months to 1 year’, $11 billion in ‘over 1 to 2 years’, $8 billion in ‘over 2 to 5 years’, and $2 billion in ‘over 5 years’. 6 Includes $309 million in commitments to extend credit to private equity investments. 7 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. 8 Includes various purchase commitments as well as commitments for leases not yet commenced, and lease-related payments. TABLE 42: REMAINING CONTRACTUAL MATURITY (millions of Canadian dollars) As at October 31, 2020 Less than 1 month 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 5 years 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 financial assets at fair value through profit or loss 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 sheet commitments 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 sheet commitments $ 20,548 $ 24,037 $ 27,468 $ 20,504 $ 14,862 $ 44,417 $ 108,826 $ 4,896 $ 1,309 $ 266,867 1 Amount has been recorded according to the remaining contractual maturity of the underlying security. 2 Certain contracts considered short-term are presented in ‘less than 1 month’ category. 3 Certain non-financial assets have been recorded as having ‘no specific maturity’. 4 Upon adoption of Leases 5 As the timing of demand deposits and notice deposits is non-specific and callable by the depositor, obligations have been included as having ‘no specific maturity’. 6 Includes $41 billion of covered bonds with remaining contractual maturities of $2 billion in ‘over 1 months to 3 months’, $3 billion in ‘over 3 months to 6 months’, $5 billion in ‘over 6 months to 9 months’, $4 billion in ‘over 9 months to 1 year’, $9 billion in ‘over 1 to 2 years’, $16 billion in ‘o

Nature of Operations

Nature of Operations	6 Months Ended
	Apr. 30, 2021
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 Interim 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 Interim Consolidated Financial Statements are presented in Canadian dollars, unless otherwise indicated. These Interim Consolidated Financial Statements were prepared on a condensed basis in accordance with International Accounting Standard 34, Interim Financial Reporting The preparation of the Interim 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 of the Bank’s 2020 Annual Consolidated Financial Statements and in Note 3 of this report. Accordingly, actual results may differ from estimated amounts as future confirming events occur. The Bank’s Interim 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. The Interim Consolidated Financial Statements for the three and six months ended April 30, 2021, were approved and authorized for issue by the Bank’s Board of Directors, in accordance with a recommendation of the Audit Committee, on May 26, 2021. As the Interim Consolidated Financial Statements do not include all of the disclosures normally provided in the Annual Consolidated Financial Statements, they should be read in conjunction with the Bank’s 2020 Annual Consolidated Financial Statements and the accompanying Notes, and the shaded sections of the 2020 Management’s Discussion and Analysis (MD&A). Certain disclosures are included in the shaded sections of the “Managing Risk” section of the MD&A in this report, as permitted by IFRS, and form an integral part of the Interim Consolidated Financial Statements.

Current And Future Changes In A

Current And Future Changes In Accounting Policies	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Current And Future Changes In Accounting Policies	NOTE 2: CURRENT AND FUTURE CHANGES IN ACCOUNTING POLICIES CURRENT CHANGES IN ACCOUNTING POLICY The following new standards and changes in accounting policies have been adopted by the Bank on November 1, 2020. IBOR Reform and its Effects on Financial Reporting 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) in July 2017 that it would no longer compel banks to submit London Interbank Offered Rates (LIBORs) after December 2021 (which was subsequently updated to June 2023 for certain tenors of US LIBOR), 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. Other transition risks may arise because the new ARRs, unlike LIBOR, are overnight near risk-free rates which could result in different financial performance for legacy transactions, require different hedging strategies, or affect the Bank’s capital and liquidity planning and management. Additionally, any adverse impacts on the value of and return on existing instruments and contracts for the Bank’s clients may present an increased risk of litigation, regulatory intervention, and possible reputational damage. To manage the transition to ARRs, the Bank has established an enterprise-wide, cross functional initiative with Board oversight and dedicated work streams to evaluate and address the key areas of impact on the Bank’s products, services, systems, documents, processes, models, funding and liquidity planning, risk management frameworks, and financial reporting with the intention of managing the impact through appropriate mitigating actions. The Bank is also actively participating in industry associations and incorporating best practice guidance from these working groups as well as regulatory bodies into the transition plan, such as incorporating appropriate fallback language in contracts, making available new products referencing ARRs, ceasing the issuance of IBOR based financial instruments, and preparing for overall operational readiness. To help support the transition of legacy derivative contracts, the Bank’s registered swap dealer and four additional Bank affiliates have adhered to the International Swaps and Derivatives Association IBOR Fallbacks Protocol (ISDA Protocol). The ISDA Protocol, which took effect on January 25, 2021, provides an efficient transition mechanism for mutually adhering counterparties to incorporate prescribed fallback rates into legacy derivative contracts. The Bank is progressing on its transition plan and incorporating market developments as they arise. On March 5, 2021, ICE Benchmark Administration (IBA), the administrator of LIBOR, announced that it will cease publication of: (i) GBP LIBOR (all tenors), EUR LIBOR (all tenors), CHF LIBOR (all tenors), JPY LIBOR (all tenors), and US LIBOR (1-week and 2-months) following December 31, 2021; and (ii) US LIBOR (overnight, 1-month, 3-months, 6-months, and 12-months) following June 30, 2023. Further to IBA’s confirmation of its timeline for LIBOR cessation, London Clearing House and the Chicago Mercantile Exchange Group are working with market participants to establish a process to convert outstanding LIBOR swaps into corresponding market standard ARR-based contracts. The Bank continues to monitor and participate in these and other industry developments to help support an orderly wind down of LIBOR. As a result of the decision taken by international regulators to transition from IBORs to ARRs, the IASB undertook standard setting activities related to the accounting issues of IBOR reform in two phases. On September 26, 2019, the IASB issued Interest Rate Benchmark Reform, Amendments to IFRS 9, IAS 39 and IFRS 7 Interest Rate Benchmark Reform – Phase 2, Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 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 permit modification to financial assets, financial liabilities and lessee lease liabilities required as a direct consequence of IBOR reform and made on an economically equivalent basis to be accounted for by updating the effective interest rate (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 The following table discloses the Bank’s exposures to significant interest rate benchmarks subject to IBOR reform that have yet to transition to an ARR and will be maturing after June 30, 2023 for certain tenors of US LIBOR and after December 31, 2021 for other IBORs subject to transition. This also includes exposures to interest rate benchmarks subject to IBOR reform that are not required to transition to an ARR. Exposures to Interest Rate Benchmarks Subject to IBOR Reform 1,2,3,4 (millions of Canadian dollars) As at April 30, 2021 Non-derivative 5 Non-derivative Derivatives Off-balance sheet 6 Carrying amount Carrying amount Notional Positive Negative Contractual US LIBOR tenors ceasing 12/31/2021 $ 1,548 $ – $ 175 $ 2 $ 16 $ – US LIBOR tenors ceasing 06/30/2023 101,356 505 2,544,614 1,131 2,119 70,013 GBP LIBOR 816 848 386,367 123 144 1,305 Other IBORs 7 571 154 272,189 227 420 – 104,291 1,507 3,203,345 1,483 2,699 71,318 Cross-currency swaps 8 US LIBOR / other rates 9 n/a n/a 371,008 5,457 7,461 n/a US LIBOR / GBP LIBOR n/a n/a 132,407 564 536 n/a US LIBOR / JPY LIBOR n/a n/a 33,779 409 335 n/a Other IBORs 7 n/a n/a 37,376 889 787 n/a n/a n/a 574,570 7,319 9,119 n/a Total $ 104,291 $ 1,507 $ 3,777,915 $ 8,802 $ 11,818 $ 71,318 1 US LIBOR transitioning to SOFR (Secured Overnight Financing Rate), GBP LIBOR transitioning to SONIA (Sterling Overnight Index Average), and JPY LIBOR transitioning to TONAR (Tokyo Overnight Average Rate). 2 EURIBOR (Euro Interbank Offered Rate) is excluded from the table as it underwent a methodology change in 2019 and will continue as an interest rate benchmark. As at April 30, 2021, the notional amount of derivatives indexed to EURIBOR was $1,642 billion, and the carrying amounts of non-derivative non-derivative 3 Certain demand facilities indexed to US LIBOR have no specific maturity and are therefore excluded from the table. As at April 30, 2021, the carrying amounts of demand loans and demand deposits indexed to US LIBOR with no specific maturity were $2 billion and $1 billion, respectively. 4 As at April 30, 2021, the notional amount of derivatives indexed to US LIBOR 1-month 3-month 5 Loans reported under non-derivative non-derivative 6 Many of the Bank’s corporate loan facilities permit the borrower to select the benchmark interest rate upon drawing on the facility. Based on the Bank’s historical experience, the benchmark interest rate selected by the borrower is often the same as the facility currency and therefore the Bank has assumed that the benchmark interest rate for its undrawn credit and liquidity commitments is the same as the facility currency for the purpose of this disclosure. 7 “Other IBORs” include the following interest rate benchmarks that are subject to IBOR reform: EUR LIBOR, CHF LIBOR, JPY LIBOR, EUR EONIA (Euro Overnight Index Average), NOK NIBOR (Norwegian Interbank Offered Rate), SGD SOR (Singapore Dollar Swap Offer Rate), HKD HIBOR (Hong Kong Interbank Offered Rate), ZAR JIBAR (Johannesburg Interbank Average Rate), SEK STIBOR (Stockholm Interbank Offered Rate), and MXN TIIE (Interbank Equilibrium Interest Rate). Also included are CDOR (Canadian Dollar Offered Rate) 6-month 12-month 8 US LIBOR presented in the table under cross-currency swaps refers to the tenors (overnight, 1-month, 3-months, 6-months, 12-months) (1-week 2-months) 9 “Other rates” refer to rates that are not subject to IBOR reform or have already been reformed. Hedging Relationships 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 Net interest income on the Interim 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 The cumulative adjustment to the carrying amount of the hedged item (the basis adjustment) is amortized to the Interim 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 On November 1, 2020, the Bank changed its accounting policy on a retrospective basis for the presentation of fair value changes on hedging instruments designated in certain fair value hedge accounting relationships, reclassifying the portion excluded from the hedge accounting designation to net interest income from non-interest Non-interest Business Combinations In October 2018, the IASB issued a narrow-scope amendment to IFRS 3, Business Combinations Revised 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 Bank adopted the Revised Conceptual Framework prospectively on November 1, 2020 and it did not have a significant impact on the Bank. FUTURE CHANGES IN ACCOUNTING POLICIES The following standard has been issued, but is not yet effective on the date of issuance of the Bank’s Interim Consolidated Financial Statements. The Bank is currently assessing the impact of applying the standard on the Interim Consolidated Financial Statements and will adopt the standard when it becomes effective. Insurance Contracts The IASB issued IFRS 17, Insurance Contracts Insurance Contracts The standard is effective for annual reporting periods beginning on or after January 1, 2023, which will be November 1, 2023 for the Bank. OSFI’s related Advisory precludes early adoption. The standard will be applied retrospectively with restatement of comparatives unless impracticable. The adoption of IFRS 17 is a significant initiative for the Bank and is supported by a robust governance structure. The Executive Steering Committee includes representation from the Insurance business, Finance, Actuaries, Risk, Technology, and project management teams. Updates are also provided to the TD Insurance Board, Risk Committee, and Audit Committee.

Significant Accounting Judgment

Significant Accounting Judgments, Estimates, and Assumptions	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Significant Accounting Judgments, Estimates, and Assumptions	NOTE 3: SIGNIFICANT ACCOUNTING JUDGMENTS, ESTIMATES, AND ASSUMPTIONS The estimates used in the Bank’s accounting policies are essential for understanding the results of its 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 Interim 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. Refer to Note 3 of the Bank’s 2020 Annual Consolidated Financial Statements for a description of significant accounting judgments, estimates, and assumptions. Impairment – Expected Credit Loss Model The expected credit loss (ECL) model requires the application of estimates and judgment in the assessment of the current and forward-looking economic environment. As a result of COVID-19, non-retail COVID-19 COVID-19 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. The current environment is subject to rapid change and to the extent that certain effects of COVID-19 COVID-19

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Fair Value Measurements	NOTE 4: FAIR VALUE MEASUREMENTS There have been no significant changes to the Bank’s approach and methodologies used to determine fair value measurements during the three and six months ended April 30, 2021. During the three and six months ended April 30, 2021, the Bank designated certain obligations related to securities sold under repurchase agreements at fair value through profit or loss (FVTPL) as the instruments are part of a portfolio that is managed on a fair value basis and have been included in Obligations related to securities sold under repurchase agreements on the Interim Consolidated Balance Sheet. Carrying Value and Fair Value of Financial Instruments not carried at Fair Value The following table reflects the fair value of the Bank’s 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 April 30, 2021 October 31, 2020 Carrying value Fair value Carrying value Fair value FINANCIAL ASSETS Debt securities at amortized cost, net of allowance for credit losses Government and government-related securities $ 162,405 $ 162,793 $ 174,592 $ 175,500 Other debt securities 53,500 53,887 53,087 53,373 Total debt securities at amortized cost, net of allowance for credit losses 215,905 216,680 227,679 228,873 Total loans, net of allowance for loan losses 708,436 715,048 717,523 727,197 Total financial assets not carried at fair value $ 924,341 $ 931,728 $ 945,202 $ 956,070 FINANCIAL LIABILITIES Deposits $ 1,118,488 $ 1,119,182 $ 1,135,333 $ 1,137,624 Securitization liabilities at amortized cost 15,346 15,503 15,768 16,143 Subordinated notes and debentures 11,269 12,130 11,477 12,374 Total financial liabilities not carried at fair value $ 1,145,103 $ 1,146,815 $ 1,162,578 $ 1,166,141 1 This table excludes financial assets and liabilities where the carrying amount is a reasonable approximation of fair value. Fair Value Hierarchy and Valuation of Assets and Liabilities Classified as Level 3 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. There have been no significant changes to the unobservable inputs and sensitivities for assets and liabilities classified as Level 3 during the three and six months ended April 30, 2021, except for the impact of the significant transfers described under the “Movements of Level 3 instruments” section of this Note. 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 April 30, 2021 and October 31, 2020. Fair Value Hierarchy for Assets and Liabilities Measured at Fair Value on a Recurring Basis (millions of Canadian dollars) As at April 30, 2021 October 31, 2020 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 $ 2,047 $ 11,741 $ – $ 13,788 $ 351 $ 21,141 $ – $ 21,492 Provinces – 7,325 – 7,325 – 8,468 – 8,468 U.S. federal, state, municipal governments, and agencies debt – 15,028 – 15,028 – 22,809 16 22,825 Other OECD government guaranteed debt – 5,990 – 5,990 – 4,563 – 4,563 Mortgage-backed securities – 1,595 – 1,595 – 1,690 – 1,690 Other debt securities Canadian issuers – 5,553 – 5,553 – 5,613 2 5,615 Other issuers – 12,172 3 12,175 – 13,352 1 13,353 Equity securities Common shares 54,797 32 – 54,829 43,803 39 – 43,842 Preferred shares 38 – – 38 37 – – 37 Trading loans – 12,759 – 12,759 – 12,959 – 12,959 Commodities 11,947 452 – 12,399 12,976 484 – 13,460 Retained interests – 11 – 11 – 14 – 14 68,829 72,658 3 141,490 57,167 91,132 19 148,318 Non-trading Securities 163 5,398 662 6,223 232 4,027 571 4,830 Loans – 2,989 3 2,992 – 3,715 3 3,718 163 8,387 665 9,215 232 7,742 574 8,548 Derivatives Interest rate contracts 6 11,846 – 11,852 22 17,937 – 17,959 Foreign exchange contracts 24 35,454 9 35,487 13 29,605 2 29,620 Credit contracts – 32 – 32 – 19 – 19 Equity contracts 1 4,566 5 4,572 5 3,855 370 4,230 Commodity contracts 385 1,279 14 1,678 383 2,022 9 2,414 416 53,177 28 53,621 423 53,438 381 54,242 Financial assets designated at fair value through profit or loss Securities 2 – 4,832 – 4,832 – 4,739 – 4,739 – 4,832 – 4,832 – 4,739 – 4,739 Financial assets at fair value through other comprehensive income Government and government-related securities Canadian government debt Federal – 13,013 – 13,013 – 14,126 – 14,126 Provinces – 17,845 – 17,845 – 16,502 – 16,502 U.S. federal, state, municipal governments, and agencies debt – 25,518 – 25,518 – 33,034 – 33,034 Other OECD government guaranteed debt – 8,131 – 8,131 – 10,756 – 10,756 Mortgage-backed securities – 2,912 – 2,912 – 3,865 – 3,865 Other debt securities Asset-backed securities – 7,657 – 7,657 – 10,006 – 10,006 Corporate and other debt – 8,516 24 8,540 – 9,875 20 9,895 Equity securities Common shares 2,290 1 1,442 3,733 819 15 1,553 2,387 Preferred shares 364 – 37 401 186 – 26 212 Loans – 1,849 – 1,849 – 2,502 – 2,502 2,654 85,442 1,503 89,599 1,005 100,681 1,599 103,285 Securities purchased under reverse repurchase agreements – 8,255 – 8,255 – 7,395 – 7,395 FINANCIAL LIABILITIES Trading deposits – 33,503 176 33,679 – 14,528 4,649 19,177 Derivatives Interest rate contracts 3 13,059 96 13,158 14 19,022 96 19,132 Foreign exchange contracts 35 36,246 – 36,281 14 27,300 – 27,314 Credit contracts – 354 – 354 – 327 – 327 Equity contracts – 6,543 94 6,637 – 3,360 1,077 4,437 Commodity contracts 249 1,337 3 1,589 355 1,611 27 1,993 287 57,539 193 58,019 383 51,620 1,200 53,203 Securitization liabilities at fair value – 13,622 – 13,622 – 13,718 – 13,718 Financial liabilities designated at fair value through profit or loss – 66,203 50 66,253 – 59,641 24 59,665 Obligations related to securities sold short 2 1,118 37,962 – 39,080 1,039 33,960 – 34,999 Obligations related to securities sold under repurchase agreements Held-for-trading – 5,674 – 5,674 – 3,675 – 3,675 Designated at fair value through profit or loss – 805 – 805 – – – – – 6,479 – 6,479 – 3,675 – 3,675 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 three months ended April 30, 2021. During the six months ended April 30, 2021, the Bank transferred $400 million of FVOCI Canadian government debt from Level 2 to Level 1 (three and six months ended April 30, 2020 – no significant transfers). 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. During the three months ended April 30, 2021, significant transfers out of Level 3 and into Level 2 included $3,635 million of trading deposits and $1,156 million (net liabilities) of equity contracts which comprised of $625 million of derivative related assets and $1,781 million of derivative related liabilities due to changes in the degree of observability of certain inputs in the fair value measurement of these instruments (three months ended April 30, 2020 – no significant transfers). 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 three and six months ended April 30, 2021 and April 30, 2020. 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, and other Government and government-related securities Canadian government debt Provinces $ – $ – $ – $ – $ – $ – $ – $ – $ – U.S. federal, state, municipal governments and agencies debt – – – – – – – – – Other debt securities Canadian issuers 1 – – – – – (1 ) – – Other issuers 1 (1 ) – – – 3 – 3 – 2 (1 ) – – – 3 (1 ) 3 – Non-trading Securities 595 26 – 46 (5 ) – – 662 23 Loans 3 – – – – – – 3 – 598 26 – 46 (5 ) – – 665 23 Financial assets at fair value through other comprehensive income Other debt securities Corporate and other debt 23 – 1 – – – – 24 1 Equity securities Common shares 1,503 – (1 ) 4 (64 ) – – 1,442 4 Preferred shares 32 – 5 – – – – 37 1 $ 1,558 $ – $ 5 $ 4 $ (64 ) $ – $ – $ 1,503 $ 6 FINANCIAL LIABILITIES Trading deposits 6 $ (5,024 ) $ (464 ) $ – $ (5 ) $ 1,682 $ – $ 3,635 $ (176 ) $ (21 ) Derivatives 7 Interest rate contracts (96 ) 4 – – (4 ) – – (96 ) 6 Foreign exchange contracts 5 5 – – – – (1 ) 9 6 Equity contracts (1,072 ) (310 ) – (23 ) 159 1 1,156 (89 ) (258 ) Commodity contracts 4 9 – – (2 ) – – 11 8 (1,159 ) (292 ) – (23 ) 153 1 1,155 (165 ) (238 ) Financial liabilities designated at fair value through profit or loss (31 ) (65 ) – (96 ) 142 – – (50 ) (65 ) Obligations related to securities sold short (1 ) – – – – – 1 – – 1 Gains/losses on financial assets and liabilities are recognized within Non-interest 2 Other comprehensive income. 3 Includes realized gains/losses transferred to retained earnings on disposal of equities designated at FVOCI. 4 Includes foreign exchange. 5 Changes in unrealized gains/losses on financial assets at FVOCI are recognized in accumulated other comprehensive income (AOCI). 6 Issuances and repurchases of trading deposits are reported on a gross basis. 7 As at April 30, 2021, consists of derivative assets of $28 million (February 1, 2021 – $576 million) and derivative liabilities of $193 million (February 1, 2021 – $1,735 million), 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 Total realized and Movements Transfers Fair Change in 4 Included 1 Included 2 Purchases/ Sales/ 3 Into Out of FINANCIAL ASSETS Trading loans, securities, and other Government and government-related securities Canadian government debt Provinces $ – $ – $ – $ – $ – $ – $ – $ – $ – U.S. federal, state, municipal governments and agencies debt 16 2 – – (18 ) – – – – Other debt securities Canadian issuers 2 – – – – – (2 ) – – Other issuers 1 – – 1 (1 ) 2 – 3 – 19 2 – 1 (19 ) 2 (2 ) 3 – Non-trading Securities 571 29 – 74 (11 ) – (1 ) 662 21 Loans 3 – – – – – – 3 – 574 29 – 74 (11 ) – (1 ) 665 21 Financial assets at fair value through other comprehensive income Other debt securities Corporate and other debt 20 – 4 – – – – 24 4 Equity securities Common shares 1,553 – (1 ) 24 (134 ) – – 1,442 4 Preferred shares 26 – 11 – – – – 37 6 $ 1,599 $ – $ 14 $ 24 $ (134 ) $ – $ – $ 1,503 $ 14 FINANCIAL LIABILITIES Trading deposits 5 $ (4,649 ) $ (998 ) $ – $ (749 ) $ 2,592 $ (7 ) $ 3,635 $ (176 ) $ (24 ) Derivatives 6 Interest rate contracts (96 ) 3 – – (3 ) – – (96 ) 7 Foreign exchange contracts 2 8 – – – – (1 ) 9 9 Equity contracts (707 ) (749 ) – (36 ) 239 8 1,156 (89 ) (661 ) Commodity contracts (18 ) 27 – – 1 – 1 11 13 (819 ) (711 ) – (36 ) 237 8 1,156 (165 ) (632 ) Financial liabilities designated at fair value through profit or loss (24 ) (61 ) – (142 ) 177 – – (50 ) (61 ) Obligations related to securities sold short – – – – – (1 ) 1 – – 1 Gains/losses on financial assets and liabilities are recognized within Non-interest 2 Includes realized gains/losses transferred to retained earnings on disposal of equities designated at FVOCI. 3 Includes foreign exchange. 4 Changes in unrealized gains/losses on financial assets at FVOCI are recognized in AOCI. 5 Issuances and repurchases of trading deposits are reported on a gross basis. 6 As at April 30, 2021, consists of derivative assets of $28 million (November 1, 2020 – $381 million) and derivative liabilities of $193 million (November 1, 2020 – $1,200 million), 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 Total realized and Movements Transfers Fair value as at Change in 4 Included 1 Included 2 Purchases/ Sales/ 3 Into Out of FINANCIAL ASSETS Trading loans, securities, and other Government and government-related securities Canadian government debt Provinces $ 8 $ – $ – $ – $ (8 ) $ – $ – $ – $ – Other debt securities Canadian issuers – – – – – – – – – Other issuers 9 – – 7 – 3 (4 ) 15 3 17 – – 7 (8 ) 3 (4 ) 15 3 Non-trading Securities 500 (12 ) – 28 (20 ) – – 496 (17 ) Loans 5 – – – (2 ) – – 3 – 505 (12 ) – 28 (22 ) – – 499 (17 ) Financial assets at fair value through other comprehensive income Other debt securities Corporate and other debt 24 – (4 ) – – – – 20 – Equity securities Common shares 1,518 – (1 ) 9 76 – – 1,602 – Preferred shares 45 – (19 ) 1 – – – 27 (19 ) $ 1,587 $ – $ (24 ) $ 10 $ 76 $ – $ – $ 1,649 $ (19 ) FINANCIAL LIABILITIES Trading deposits 5 $ (4,209 ) $ 628 $ – $ (1,083 ) $ 334 $ – $ 8 $ (4,322 ) $ 573 Derivatives 6 Interest rate contracts (85 ) (12 ) – – – – – (97 ) (10 ) Foreign exchange contracts – 11 – – 2 – – 13 11 Equity contracts (1,024 ) 490 – (27 ) 31 (1 ) – (531 ) 485 Commodity contracts (19 ) (66 ) – – 22 – – (63 ) (50 ) (1,128 ) 423 – (27 ) 55 (1 ) – (678 ) 436 Financial liabilities designated at fair value through profit or loss (5 ) 58 – (66 ) 6 – – (7 ) 58 Obligations related to securities sold short (3 ) – – – – – 3 – – 1 Gains/losses on financial assets and liabilities are recognized within Non-interest 2 Includes realized gains/losses transferred to retained earnings on disposal of equities designated at FVOCI. 3 Includes foreign exchange. 4 Changes in unrealized gains/losses on financial assets at FVOCI are recognized in AOCI. 5 Issuances and repurchases of trading deposits are reported on a gross basis. 6 As at April 30, 2020, consists of derivative assets of $337 million (February 1, 2020 – $630 million) and derivative liabilities of $1,015 million (February 1, 2020 – $1,758 million), 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 November 1 Total realized and Movements Transfers Fair value as at April 30 Change in instruments 4 Included 1 Included 2 Purchases/ Sales/ 3 Into Out of FINANCIAL ASSETS Trading loans, securities, and other Government and government-related securities Canadian government debt Provinces $ 8 $ – $ – $ – $ (8 ) $ – $ – $ – $ – Other debt securities Canadian issuers 3 – – – (1 ) – (2 ) – – Other issuers 1 – – 7 (1 ) 12 (4 ) 15 3 12 – – 7 (10 ) 12 (6 ) 15 3 Non-trading Securities 493 (4 ) – 53 (46 ) – – 496 (14 ) Loans 5 – – – (2 ) – – 3 – 498 (4 ) – 53 (48 ) – – 499 (14 ) Financial assets at fair value through other comprehensive income Other debt securities Corporate and other debt 24 – (4 ) – – – – 20 – Equity securities Common shares 1,507 – (1 ) 18 78 – – 1,602 1 Preferred shares 44 – (18 ) 1 – – – 27 (18 ) $ 1,575 $ – $ (23 ) $ 19 $ 78 $ – $ – $ 1,649 $ (17 ) FINANCIAL LIABILITIES Trading deposits 5 $ (4,092 ) $ 523 $ – $ (1,797 ) $ 1,036 $ – $ 8 $ (4,322 ) $ 494 Derivatives 6 Interest rate contracts (83 ) (22 ) – – 8 – – (97 ) (15 ) Foreign exchange contracts (1 ) 10 – – 3 1 – 13 11 Equity contracts (925 ) 357 – (58 ) 96 (1 ) – (531 ) 351 Commodity contracts (17 ) (69 ) – – 23 – – (63 ) (53 ) (1,026 ) 276 – (58 ) 130 – – (678 ) 294 Financial liabilities designated at fair value through profit or loss (21 ) 65 – (105 ) 54 – – (7 ) 65 Obligations related to securities sold short – – – – – (3 ) 3 – – 1 Gains/losses on financial assets and liabilities are recognized within Non-interest 2 Includes realized gains/losses transferred to retained earnings on disposal of equities designated at FVOCI. 3 Includes foreign exchange. 4 Changes in unrealized gains/losses on financial assets at FVOCI are recognized in AOCI. 5 Issuances and repurchases of trading deposits are reported on a gross basis. 6 As at April 30, 2020, consists of derivative assets of $337 million (November 1, 2019 – $604 million) and derivative liabilities of $1,015 million (November 1, 2019 – $1,630 million), which have been netted in this table for presentation purposes only.

Securities

Securities	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Securities	NOTE 5: SECURITIES Unrealized Securities Gains (Losses) The following table summarizes the unrealized gains and losses as at April 30, 2021 and October 31, 2020. Unrealized Gains (Losses) for Securities at Fair Value Through Other Comprehensive Income (millions of Canadian dollars) As at April 30, 2021 October 31, 2020 Cost/ 1 Gross Gross Fair Cost/ 1 Gross Gross Fair value Government and government-related securities Canadian government debt Federal $ 12,897 $ 122 $ (6 ) $ 13,013 $ 13,967 $ 160 $ (1 ) $ 14,126 Provinces 17,622 244 (21 ) 17,845 16,342 181 (21 ) 16,502 U.S. federal, state, municipal governments, and agencies debt 25,372 151 (5 ) 25,518 32,875 192 (33 ) 33,034 Other OECD government guaranteed debt 8,109 25 (3 ) 8,131 10,720 39 (3 ) 10,756 Mortgage-backed securities 2,906 6 – 2,912 3,855 11 (1 ) 3,865 66,906 548 (35 ) 67,419 77,759 583 (59 ) 78,283 Other debt securities Asset-backed securities 7,641 30 (14 ) 7,657 10,051 26 (71 ) 10,006 Corporate and other debt 8,466 82 (8 ) 8,540 9,853 79 (37 ) 9,895 16,107 112 (22 ) 16,197 19,904 105 (108 ) 19,901 Total debt securities 83,013 660 (57 ) 83,616 97,663 688 (167 ) 98,184 Equity securities Common shares 3,677 143 (87 ) 3,733 2,641 26 (280 ) 2,387 Preferred shares 436 12 (47 ) 401 303 – (91 ) 212 4,113 155 (134 ) 4,134 2,944 26 (371 ) 2,599 Total securities at fair value through other comprehensive income $ 87,126 $ 815 $ (191 ) $ 87,750 $ 100,607 $ 714 $ (538 ) $ 100,783 1 Includes the foreign exchange translation of amortized cost balances at the period-end 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 three months ended For the six months ended April 30, 2021 October 31, 2020 April 30, 2021 April 30, 2020 April 30, 2021 April 30, 2020 Fair value Dividend income recognized Dividend income recognized Common shares $ 3,733 $ 2,387 $ 40 $ 24 $ 70 $ 51 Preferred shares 401 212 4 4 7 7 Total $ 4,134 $ 2,599 $ 44 $ 28 $ 77 $ 58 The Bank disposed of equity securities in line with the Bank’s investment strategy with a fair value of $55 million and $59 million during the three and six months ended April 30, 2021, respectively (three and six months ended April 30, 2020 – $23 million and $28 million, respectively). The Bank realized a cumulative gain of $2 million during the three and six months ended April 30, 2021 (cumulative loss of $6 million during the three and six months ended April 30, 2020) on disposal of these equity securities and recognized dividend income of nil during the three and six months ended April 30, 2021 and April 30, 2020. Securities Net Realized Gains (Losses) The following table summarizes the net realized gains and losses for the three and six months ended April 30, 2021 and April 30, 2020. Securities Net Realized Gains (Losses) (millions of Canadian dollars) For the three months ended For the six months ended April 30 April 30 April 30 April 30 Debt securities at amortized cost $ (61 ) $ – $ (61 ) $ – Debt securities at fair value through other comprehensive income 14 (12 ) 34 (2 ) Total $ (47 ) $ (12 ) $ (27 ) $ (2 ) Credit Quality of Debt Securities The Bank evaluates non-retail non-retail 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 April 30, 2021 October 31, 2020 Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Debt securities Investment grade $ 297,170 $ – $ n/a $ 297,170 $ 322,842 $ – $ n/a $ 322,842 Non-Investment 2,245 82 n/a 2,327 2,762 244 n/a 3,006 Watch and classified n/a 26 n/a 26 n/a 17 n/a 17 Default n/a n/a – – n/a n/a – – Total debt securities 299,415 108 – 299,523 325,604 261 – 325,865 Allowance for credit losses on debt securities at amortized cost 2 – – 2 2 – – 2 Debt securities, net of allowance $ 299,413 $ 108 $ – $ 299,521 $ 325,602 $ 261 $ – $ 325,863 As at April 30, 2021, the allowance for credit losses on debt securities was $6 million (October 31, 2020 – $7 million), comprising of $2 million (October 31, 2020 – $2 million) for debt securities at amortized cost (DSAC) and $4 million (October 31, 2020 – $5 million) for debt securities at FVOCI. For the three and six months ended April 30, 2021, the Bank reported a provision for credit losses (PCL) of nil (three and six months ended April 30, 2020 – $1 million) on DSAC. For the three and six months ended April 30, 2021, the Bank reported a recovery of credit losses on debt securities at FVOCI of $3 million and $2 million, respectively (three and six months ended April 30, 2020 – PCL of $8 million).

Loans, Impaired Loans, and Allo

Loans, Impaired Loans, and Allowance for Credit Losses	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Loans, Impaired Loans, and Allowance for Credit Losses	NOTE 6: LOANS, IMPAIRED LOANS, AND ALLOWANCE FOR CREDIT LOSSES The following table provides the gross carrying amounts of loans 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 April 30, 2021 October 31, 2020 Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Residential mortgages 1,2,3 Low Risk $ 198,153 $ 3,457 $ n/a $ 201,610 $ 169,710 $ 3,125 $ n/a $ 172,835 Normal Risk 37,285 8,309 n/a 45,594 56,663 9,938 n/a 66,601 Medium Risk – 5,115 n/a 5,115 – 7,690 n/a 7,690 High Risk – 3,141 275 3,416 – 4,120 443 4,563 Default n/a n/a 542 542 n/a n/a 530 530 Total 235,438 20,022 817 256,277 226,373 24,873 973 252,219 Allowance for loan losses 23 166 56 245 32 205 65 302 Loans, net of allowance 235,415 19,856 761 256,032 226,341 24,668 908 251,917 Consumer instalment and other personal 4 Low Risk 88,019 1,219 n/a 89,238 77,178 1,199 n/a 78,377 Normal Risk 57,593 830 n/a 58,423 59,349 1,360 n/a 60,709 Medium Risk 22,633 4,017 n/a 26,650 28,094 3,631 n/a 31,725 High Risk 1,666 7,626 407 9,699 3,700 9,940 638 14,278 Default n/a n/a 456 456 n/a n/a 371 371 Total 169,911 13,692 863 184,466 168,321 16,130 1,009 185,460 Allowance for loan losses 562 994 147 1,703 567 1,265 187 2,019 Loans, net of allowance 169,349 12,698 716 182,763 167,754 14,865 822 183,441 Credit card Low Risk 4,165 – n/a 4,165 3,916 49 n/a 3,965 Normal Risk 8,978 47 n/a 9,025 7,027 129 n/a 7,156 Medium Risk 9,186 945 n/a 10,131 10,431 804 n/a 11,235 High Risk 606 5,106 177 5,889 3,493 6,180 206 9,879 Default n/a n/a 71 71 n/a n/a 99 99 Total 22,935 6,098 248 29,281 24,867 7,162 305 32,334 Allowance for loan losses 665 1,191 194 2,050 624 1,726 204 2,554 Loans, net of allowance 22,270 4,907 54 27,231 24,243 5,436 101 29,780 Business and government 1,2,3,5,6 Investment grade or Low/Normal Risk 113,366 394 n/a 113,760 120,106 250 n/a 120,356 Non-Investment 124,512 12,939 n/a 137,451 126,509 11,818 n/a 138,327 Watch and classified or High Risk 777 13,289 89 14,155 890 12,567 120 13,577 Default n/a n/a 963 963 n/a n/a 982 982 Total 238,655 26,622 1,052 266,329 247,505 24,635 1,102 273,242 Allowance for loan and acceptances losses 1,118 1,540 343 3,001 1,321 1,706 388 3,415 Loans and acceptances, net of allowance 237,537 25,082 709 263,328 246,184 22,929 714 269,827 Total loans and acceptances 5,7 666,939 66,434 2,980 736,353 667,066 72,800 3,389 743,255 Total Allowance for loan losses 7,8 2,368 3,891 740 6,999 2,544 4,902 844 8,290 Total loans and acceptances, net of allowance 5,7 $ 664,571 $ 62,543 $ 2,240 $ 729,354 $ 664,522 $ 67,898 $ 2,545 $ 734,965 1 As at April 30, 2021, impaired loans with a balance of $122 million (October 31, 2020 – $111 million) did not have a related allowance for loan losses, as the realizable value of the collateral exceeded the loan amount. 2 As at April 30, 2021, excludes trading loans and non-trading 3 As at April 30, 2021, includes insured mortgages of $84 billion (October 31, 2020 – $86 billion). 4 As at April 30, 2021, includes Canadian government-insured real estate personal loans of $11 billion (October 31, 2020 – $12 billion). 5 As at April 30, 2021, includes loans that are measured at FVOCI of $2 billion (October 31, 2020 – $3 billion) and customers’ liability under acceptances of $19 billion (October 31, 2020 – $15 billion). 6 As at April 30, 2021, includes loans guaranteed by government agencies of $26 billion (October 31, 2020 – $27 billion), which are primarily classified in Non-Investment 7 As at April 30, 2021, Stage 3 includes acquired credit-impaired (ACI) loans of $177 million (October 31, 2020 – $232 million) and a related allowance for loan losses of $6 million (October 31, 2020 – $10 million), which have been included in the “Default” risk rating category as they were impaired at acquisition. 8 Includes allowance for loan losses related to loans that are measured at FVOCI of $1 million as at April 30, 2021 (October 31, 2020 – $1 million). Loans and Acceptances by Risk Ratings – Off-Balance Sheet Credit Instruments 1 (millions of Canadian dollars) As at April 30, 2021 October 31, 2020 Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Retail Exposures 2 Low Risk $ 215,718 $ 170 $ n/a $ 215,888 $ 200,226 $ 724 $ n/a $ 200,950 Normal Risk 79,318 389 n/a 79,707 78,448 1,124 n/a 79,572 Medium Risk 14,973 503 n/a 15,476 35,187 1,444 n/a 36,631 High Risk 925 1,312 – 2,237 2,004 3,025 – 5,029 Default n/a n/a – – n/a n/a – – Non-Retail 3 Investment grade 192,349 – n/a 192,349 194,182 – n/a 194,182 Non-Investment 75,381 5,207 n/a 80,588 76,280 6,553 n/a 82,833 Watch and classified 38 5,718 – 5,756 18 4,416 – 4,434 Default n/a n/a 210 210 n/a n/a 144 144 Total off-balance 578,702 13,299 210 592,211 586,345 17,286 144 603,775 Allowance for off-balance 381 563 26 970 381 672 34 1,087 Total off-balance $ 578,321 $ 12,736 $ 184 $ 591,241 $ 585,964 $ 16,614 $ 110 $ 602,688 1 Exclude mortgage commitments. 2 As at April 30, 2021, includes $312 billion (October 31, 2020 – $321 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 April 30, 2021, includes $47 billion (October 31, 2020 – $43 billion) of the undrawn component of uncommitted credit and liquidity facilities. The changes to the Bank’s allowance for loan losses, as at and for the three and six months ended April 30, 2021 and April 30, 2020, are shown in the following tables. Allowance for Loan Losses (millions of Canadian dollars) For the three months ended April 30, 2021 April 30, 2020 Stage 1 Stage 2 Stage 3 1 Total Stage 1 Stage 2 Stage 3 1 Total Residential Mortgages Balance at beginning of period $ 26 $ 214 $ 61 $ 301 $ 30 $ 28 $ 56 $ 114 Provision for credit losses Transfer to Stage 1 2 36 (35 ) (1 ) – 4 (4 ) – – Transfer to Stage 2 (6 ) 12 (6 ) – (3 ) 6 (3 ) – Transfer to Stage 3 – (3 ) 3 – – (3 ) 3 – Net remeasurement due to transfers into stage 3 (7 ) 2 – (5 ) (2 ) 4 – 2 New originations or purchases 4 2 n/a n/a 2 4 n/a n/a 4 Net repayments 5 (1 ) (1 ) – (2 ) – – – – Derecognition of financial assets (excluding disposals and write-offs) 6 (3 ) (11 ) (35 ) (49 ) (1 ) (1 ) (5 ) (7 ) Changes to risk, parameters, and models 7 (24 ) (10 ) 39 5 3 25 14 42 Disposals – – – – – – – – Write-offs – – (4 ) (4 ) – – (9 ) (9 ) Recoveries – – 1 1 – – 1 1 Foreign exchange and other adjustments – (2 ) (2 ) (4 ) 2 1 2 5 Balance at end of period $ 23 $ 166 $ 56 $ 245 $ 37 $ 56 $ 59 $ 152 Consumer Instalment and Other Personal Balance, including off-balance $ 529 $ 1,333 $ 176 $ 2,038 $ 728 $ 440 $ 185 $ 1,353 Provision for credit losses Transfer to Stage 1 2 364 (362 ) (2 ) – 50 (45 ) (5 ) – Transfer to Stage 2 (24 ) 39 (15 ) – (136 ) 151 (15 ) – Transfer to Stage 3 (3 ) (53 ) 56 – (4 ) (40 ) 44 – Net remeasurement due to transfers into stage 3 (108 ) 30 3 (75 ) (20 ) 167 4 151 New originations or purchases 4 55 n/a n/a 55 99 n/a n/a 99 Net repayments 5 (25 ) (27 ) (5 ) (57 ) (20 ) (14 ) (3 ) (37 ) Derecognition of financial assets (excluding disposals and write-offs) 6 (19 ) (41 ) (12 ) (72 ) (22 ) (10 ) (6 ) (38 ) Changes to risk, parameters, and models 7 (171 ) 181 91 101 171 203 297 671 Disposals – – – – – – – – Write-offs – – (233 ) (233 ) – – (346 ) (346 ) Recoveries – – 91 91 – – 58 58 Foreign exchange and other adjustments (11 ) (18 ) (3 ) (32 ) 17 8 3 28 Balance, including off-balance 587 1,082 147 1,816 863 860 216 1,939 Less: Allowance for off-balance 8 25 88 – 113 30 55 – 85 Balance at end of period $ 562 $ 994 $ 147 $ 1,703 $ 833 $ 805 $ 216 $ 1,854 Credit Card 9 Balance, including off-balance $ 842 $ 1,867 $ 222 $ 2,931 $ 952 $ 728 $ 367 $ 2,047 Provision for credit losses Transfer to Stage 1 2 385 (380 ) (5 ) – 136 (130 ) (6 ) – Transfer to Stage 2 (41 ) 55 (14 ) – (156 ) 172 (16 ) – Transfer to Stage 3 (2 ) (175 ) 177 – (2 ) (134 ) 136 – Net remeasurement due to transfers into stage 3 (118 ) 70 3 (45 ) (48 ) 241 3 196 New originations or purchases 4 26 n/a n/a 26 55 n/a n/a 55 Net repayments 5 (52 ) (7 ) 6 (53 ) (18 ) 2 9 (7 ) Derecognition of financial assets (excluding disposals and write-offs) 6 (12 ) (36 ) (54 ) (102 ) (29 ) (33 ) (62 ) (124 ) Changes to risk, parameters, and models 7 (152 ) 166 65 79 205 667 304 1,176 Disposals – – – – – – – – Write-offs – – (288 ) (288 ) – – (486 ) (486 ) Recoveries – – 89 89 – – 78 78 Foreign exchange and other adjustments (24 ) (43 ) (7 ) (74 ) 32 17 16 65 Balance, including off-balance 852 1,517 194 2,563 1,127 1,530 343 3,000 Less: Allowance for off-balance 8 187 326 – 513 250 360 – 610 Balance at end of period $ 665 $ 1,191 $ 194 $ 2,050 $ 877 $ 1,170 $ 343 $ 2,390 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., Probability of Default (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 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 of the Bank’s 2020 Annual Consolidated Financial Statements for further details. Allowance for Loan Losses (Continued) (millions of Canadian dollars) For the three months ended April 30, 2021 April 30, 2020 Stage 1 Stage 2 Stage 3 1 Total Stage 1 Stage 2 Stage 3 1 Total Business and Government 2 Balance, including off-balance $ 1,450 $ 1,877 $ 340 $ 3,667 $ 756 $ 735 $ 291 $ 1,782 Provision for credit losses Transfer to Stage 1 3 127 (125 ) (2 ) – 36 (35 ) (1 ) – Transfer to Stage 2 (124 ) 127 (3 ) – (113 ) 116 (3 ) – Transfer to Stage 3 – (38 ) 38 – (1 ) (17 ) 18 – Net remeasurement due to transfers into stage 3 (31 ) 40 – 9 (14 ) 67 (1 ) 52 New originations or purchases 3 239 n/a n/a 239 209 n/a n/a 209 Net repayments 3 (13 ) (62 ) (18 ) (93 ) (4 ) (11 ) (10 ) (25 ) Derecognition of financial assets (excluding disposals and write-offs) 3 (181 ) (186 ) (112 ) (479 ) (86 ) (51 ) (79 ) (216 ) Changes to risk, parameters, and models 3 (143 ) 101 184 142 294 362 350 1,006 Disposals – – – – – – – – Write-offs – – (60 ) (60 ) – – (58 ) (58 ) Recoveries – – 11 11 – – 11 11 Foreign exchange and other adjustments (37 ) (45 ) (9 ) (91 ) 28 25 11 64 Balance, including off-balance 1,287 1,689 369 3,345 1,105 1,191 529 2,825 Less: Allowance for off-balance 4 169 149 26 344 127 123 46 296 Balance at end of period 1,118 1,540 343 3,001 978 1,068 483 2,529 Total Allowance, including off-balance 2,749 4,454 766 7,969 3,132 3,637 1,147 7,916 Less: Total Allowance for off-balance 381 563 26 970 407 538 46 991 Total Allowance for Loan Losses at end of period 5 $ 2,368 $ 3,891 $ 740 $ 6,999 $ 2,725 $ 3,099 $ 1,101 $ 6,925 1 Includes allowance for loan losses related to ACI loans. 2 Includes 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 5 Includes allowance for loan losses related to loans that are measured at FVOCI of $1 million as at April 30, 2021 (April 30, 2020 – nil). Allowance for Loan Losses (millions of Canadian dollars) For the six months ended April 30, 2021 April 30, 2020 Stage 1 Stage 2 Stage 3 1 Total Stage 1 Stage 2 Stage 3 1 Total Residential Mortgages Balance at beginning of period $ 32 $ 205 $ 65 $ 302 $ 28 $ 26 $ 56 $ 110 Provision for credit losses Transfer to Stage 1 2 52 (51 ) (1 ) – 10 (10 ) – – Transfer to Stage 2 (18 ) 29 (11 ) – (4 ) 10 (6 ) – Transfer to Stage 3 – (7 ) 7 – – (6 ) 6 – Net remeasurement due to transfers into stage 3 (10 ) 5 – (5 ) (5 ) 6 – 1 New originations or purchases 4 5 n/a n/a 5 9 n/a n/a 9 Net repayments 5 (4 ) (2 ) – (6 ) – – – – Derecognition of financial assets (excluding disposals and write-offs) 6 (4 ) (19 ) (40 ) (63 ) (2 ) (2 ) (10 ) (14 ) Changes to risk, parameters, and models 7 (28 ) 12 42 26 (1 ) 31 25 55 Disposals – – – – – – – – Write-offs – – (8 ) (8 ) – – (16 ) (16 ) Recoveries 1 (3 ) 4 2 – – 2 2 Foreign exchange and other adjustments (3 ) (3 ) (2 ) (8 ) 2 1 2 5 Balance at end of period $ 23 $ 166 $ 56 $ 245 $ 37 $ 56 $ 59 $ 152 Consumer Instalment and Other Personal Balance, including off-balance $ 595 $ 1,330 $ 187 $ 2,112 $ 717 $ 417 $ 175 $ 1,309 Provision for credit losses Transfer to Stage 1 2 633 (628 ) (5 ) – 134 (123 ) (11 ) – Transfer to Stage 2 (67 ) 98 (31 ) – (172 ) 199 (27 ) – Transfer to Stage 3 (5 ) (105 ) 110 – (7 ) (76 ) 83 – Net remeasurement due to transfers into stage 3 (210 ) 79 4 (127 ) (55 ) 210 7 162 New originations or purchases 4 106 n/a n/a 106 177 n/a n/a 177 Net repayments 5 (50 ) (54 ) (8 ) (112 ) (44 ) (22 ) (6 ) (72 ) Derecognition of financial assets (excluding disposals and write-offs) 6 (40 ) (79 ) (19 ) (138 ) (43 ) (21 ) (11 ) (75 ) Changes to risk, parameters, and models 7 (352 ) 481 245 374 138 267 553 958 Disposals – – – – – – – – Write-offs – – (491 ) (491 ) – – (688 ) (688 ) Recoveries – – 166 166 – – 137 137 Foreign exchange and other adjustments (23 ) (40 ) (11 ) (74 ) 18 9 4 31 Balance, including off-balance 587 1,082 147 1,816 863 860 216 1,939 Less: Allowance for off-balance 8 25 88 – 113 30 55 – 85 Balance at end of period $ 562 $ 994 $ 147 $ 1,703 $ 833 $ 805 $ 216 $ 1,854 Credit Card 9 Balance, including off-balance $ 799 $ 2,181 $ 204 $ 3,184 $ 934 $ 673 $ 322 $ 1,929 Provision for credit losses Transfer to Stage 1 2 763 (753 ) (10 ) – 297 (285 ) (12 ) – Transfer to Stage 2 (83 ) 112 (29 ) – (211 ) 240 (29 ) – Transfer to Stage 3 (4 ) (355 ) 359 – (10 ) (267 ) 277 – Net remeasurement due to transfers into stage 3 (279 ) 132 5 (142 ) (110 ) 325 15 230 New originations or purchases 4 53 n/a n/a 53 90 n/a n/a 90 Net repayments 5 (61 ) (9 ) 12 (58 ) 52 9 21 82 Derecognition of financial assets (excluding disposals and write-offs) 6 (24 ) (72 ) (99 ) (195 ) (54 ) (62 ) (165 ) (281 ) Changes to risk, parameters, and models 7 (267 ) 382 180 295 104 877 673 1,654 Disposals – – – – – – – – Write-offs – – (570 ) (570 ) – – (938 ) (938 ) Recoveries – – 156 156 – – 162 162 Foreign exchange and other adjustments (45 ) (101 ) (14 ) (160 ) 35 20 17 72 Balance, including off-balance 852 1,517 194 2,563 1,127 1,530 343 3,000 Less: Allowance for off-balance 8 187 326 – 513 250 360 – 610 Balance at end of period $ 665 $ 1,191 $ 194 $ 2,050 $ 877 $ 1,170 $ 343 $ 2,390 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 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 of the Bank’s 2020 Annual Consolidated Financial Statements for further details. Allowance for Loan Losses (Continued) (millions of Canadian dollars) For the six months ended April 30, 2021 April 30, 2020 Stage 1 Stage 2 Stage 3 1 Total Stage 1 Stage 2 Stage 3 1 Total Business and Government 2 Balance, including off-balance $ 1,499 $ 1,858 $ 422 $ 3,779 $ 736 $ 740 $ 208 $ 1,684 Provision for credit losses Transfer to Stage 1 3 230 (227 ) (3 ) – 78 (76 ) (2 ) – Transfer to Stage 2 (262 ) 269 (7 ) – (137 ) 145 (8 ) – Transfer to Stage 3 (3 ) (65 ) 68 – (10 ) (77 ) 87 – Net remeasurement due to transfers into stage 3 (57 ) 77 (2 ) 18 (32 ) 101 (4 ) 65 New originations or purchases 3 561 n/a n/a 561 319 n/a n/a 319 Net repayments 3 (6 ) (69 ) (67 ) (142 ) (12 ) (19 ) (18 ) (49 ) Derecognition of financial assets (excluding disposals and write-offs) 3 (380 ) (368 ) (174 ) (922 ) (167 ) (160 ) (119 ) (446 ) Changes to risk, parameters, and models 3 (216 ) 305 321 410 300 509 454 1,263 Disposals – – – – – – – – Write-offs – – (191 ) (191 ) – – (105 ) (105 ) Recoveries – – 25 25 – – 29 29 Foreign exchange and other adjustments (79 ) (91 ) (23 ) (193 ) 30 28 7 65 Balance, including off-balance 1,287 1,689 369 3,345 1,105 1,191 529 2,825 Less: Allowance for off-balance 4 169 149 26 344 127 123 46 296 Balance at end of period 1,118 1,540 343 3,001 978 1,068 483 2,529 Total Allowance, including off-balance 2,749 4,454 766 7,969 3,132 3,637 1,147 7,916 Less: Total Allowance for off-balance 381 563 26 970 407 538 46 991 Total Allowance for Loan Losses at end of period 5 $ 2,368 $ 3,891 $ 740 $ 6,999 $ 2,725 $ 3,099 $ 1,101 $ 6,925 1 Includes allowance for loan losses related to ACI loans. 2 Includes 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 5 Includes allowance for loan losses related to loans that are measured at FVOCI of $1 million as at April 30, 2021 (April 30, 2020 – nil). The allowance for loan 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. 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. Since the second quarter of 2020, macroeconomic variables for the downside scenario were based on plausible scenario analyses of COVID-19 COVID-19 Macroeconomic Variables Select macroeconomic variables are projected over the forecast period. The following table represents the average values of the macroeconomic variables over the four calendar quarters starting with the current quarter, and the remaining 4-year Macroeconomic Variables Base Forecast Upside Scenario Downside Scenario Calendar Quarters 1 Average Q2 2021- Q1 2022 2 Remaining 4-year period 2 Average Q2 2021- 2 Remaining 4-year period 2 Average Q2 2021- Q1 2022 2 Remaining 4-year period 2 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Unemployment rate Canada 7.6 % 6.6 % 6.3 % 6.2 % 6.7 % 5.9 % 6.3 % 5.6 % 7.2 % 6.4 % United States 5.9 5.5 5.0 4.5 5.2 3.9 4.7 3.8 5.8 4.5 Real GDP Canada 5.5 6.1 4.5 3.9 7.6 2.0 9.1 1.9 5.0 2.5 United States 7.0 6.8 5.1 4.1 7.3 2.3 9.0 2.1 4.7 2.8 Home prices Canada (average existing price) 3 12.5 (1.7 ) (3.4 ) (6.3 ) 15.8 (0.8 ) 17.7 (0.7 ) 13.2 (0.6 ) United States (CoreLogic HPI) 4 6.5 5.5 5.0 4.5 7.7 3.4 9.8 3.3 5.2 3.6 Central bank policy interest rate Canada 0.25 0.25 0.25 0.25 0.25 0.72 0.25 0.91 0.25 0.56 United States 0.25 0.25 0.25 0.25 0.25 0.81 0.25 1.02 0.25 0.64 U.S. 10-year 1.58 1.63 1.68 1.73 1.66 2.07 1.83 2.50 1.47 1.92 U.S. 10-year (%-pts) 1.40 1.55 1.70 1.80 1.61 1.80 1.52 1.76 1.78 1.82 Exchange rate (U.S. dollar/Canadian dollar) $ 0.80 $ 0.81 $ 0.81 $ 0.81 $ 0.81 $ 0.79 $ 0.83 $ 0.81 $ 0.78 $ 0.76 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 (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 ALLOWANCE FOR CREDIT LOSSES 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. 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 non-linearity Change from Base to Probability-Weighted ECLs (millions of Canadian dollars, except as noted) As at April 30, 2021 October 31, 2020 Probability-weighted ECLs $ 7,203 $ 8,500 Base ECLs 7,174 8,157 Difference – in amount $ 29 $ 343 Difference – in percentage 0.4 % 4.0 % ECLs for performing loans and off-balance off-balance twelve-month Incremental Lifetime ECLs Impact (millions of Canadian dollars) As at April 30, 2021 October 31, 2020 Aggregate Stage 1 and 2 probability-weighted ECLs $ 7,203 $ 8,500 All performing loans and off-balance 12-month 5,363 6,482 Incremental lifetime ECLs impact $ 1,840 $ 2,018 FORECLOSED ASSETS Foreclosed assets are repossessed non-financial 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 past due but not impaired. Loans less than 31 days contractually past due are excluded as they do not generally reflect a borrower’s ability to meet their payment obligations. Loans Past Due but not Impaired 1,2,3 (millions of Canadian dollars) As at April 30, 2021 October 31, 2020 31-60 days 61-89 days Total 31-60 days 61-89 days Total Residential mortgages $ 215 $ 81 $ 296 $ 221 $ 64 $ 285 Consumer instalment and other personal 383 153 536 590 200 790 Credit card 145 106 251 218 149 367 Business and government 648 187 835 723 329 1,052 Total $ 1,391 $ 527 $ 1,918 $ 1,752 $ 742 $ 2,494 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current period. 2 Includes loans that are measured at FVOCI. 3 Loans deferred under a bank-led COVID-19 MODIFIED FINANCIAL ASSETS To provide financial relief to customers affected by the economic consequences of COVID-19, TRANSFERS OF FINANCIAL ASSETS QUALIFYING FOR DERECOGNITION Canada Emergency Business Account Program Under the Canada Emergency Business Account (CEBA) Program, with funding provided by Her Majesty in Right of Canada (the “ ” 3-year

Investment in Associates and Jo

Investment in Associates and Joint Ventures	6 Months Ended
	Apr. 30, 2021
Investments accounted for using equity method [abstract]
Investment in Associates and Joint Ventures	NOTE 7: INVESTMENT IN ASSOCIATES AND JOINT VENTURES INVESTMENT IN THE CHARLES SCHWAB CORPORATION The Bank has significant influence over The Charles Schwab Corporation (“Schwab”) and the ability to participate in the financial and operating policy-making decisions of Schwab through a combination of the Bank’s ownership, board representation and the insured deposit account agreement between the Bank and Schwab (the “Schwab IDA Agreement”). 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 As at April 30, 2021, the Bank’s reported investment in Schwab was 13.44% (October 31, 2020 – 13.51%) of the outstanding voting and non-voting 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. The Bank’s designated directors currently are 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. The condensed financial statements of Schwab, based on its consolidated financial statements converted into Canadian dollars, are included in the following tables. Condensed Consolidated Balance Sheet (millions of Canadian dollars) As at March 31 Assets Receivables from brokerage clients, net $ 91,831 Available for sale securities 420,377 Other assets 180,365 Total assets $ 692,573 Liabilities Bank deposits $ 454,660 Payables to brokerage clients 124,561 Other liabilities 45,019 Total liabilities 624,240 Stockholders’ equity 1 68,333 Total liabilities and stockholders’ equity $ 692,573 1 The difference between the carrying value of the Bank’s investment in Schwab and the Bank’s share of Schwab’s stockholders’ equity is comprised of goodwill, other intangibles, and cumulative translation adjustment. Condensed Consolidated Statement of Income (millions of Canadian dollars, except as noted) For the three months ended For the six months ended March 31, 2021 March 31, 2021 Net Revenues Net interest revenue $2,420 $4,777 Asset management and administration fees 1,287 2,573 Trading revenue and other 2,265 4,063 Total net revenues 5,972 11,413 Expenses Excluding Interest Compensation and benefits 1,811 3,633 Other 1,678 3,375 Total expenses excluding interest 3,489 7,008 Income before taxes on income 2,483 4,405 Taxes on income 603 1,047 Net income 1,880 3,358 Preferred stock dividends and other 122 233 Net Income available to common stockholders 1 1,758 3,125 Other comprehensive income (loss) (5,720 ) (6,100 ) Total comprehensive income $(3,962 ) $(2,975 ) Earnings per common shares outstanding – basic (Canadian dollars) $0.93 $1.67 Earnings per common shares outstanding – diluted (Canadian dollars) 0.93 1.67 1 The Bank’s share of net income from the investment in Schwab is based on the published consolidated financial statements of Schwab after converting into Canadian dollars and is subject to adjustments relating to the amortization of certain intangibles.

Goodwill

Goodwill	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Goodwill	NOTE 8: GOODWILL Goodwill by Segment (millions of Canadian dollars) Canadian U.S. 1 Wholesale Total Carrying amount of goodwill as at November 1, 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 Additions (disposals) (3 ) – – (3 ) Foreign currency translation adjustments and other (67 ) (1,098 ) (1 ) (1,166 ) Carrying amount of goodwill as at April 30, 2021 2 $ 2,776 $ 13,044 $ 159 $ 15,979 1 Goodwill predominantly relates to U.S. personal and commercial banking. 2 Accumulated impairment as at April 30, 2021 and October 31, 2020 was nil.

Other Assets

Other Assets	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Other Assets	NOTE 9: OTHER ASSETS Other Assets (millions of Canadian dollars) As at April 30 October 31 Accounts receivable and other items $ 9,169 $ 10,799 Accrued interest 2,166 2,336 Current income tax receivable 1,356 2,294 Defined benefit asset 267 9 Insurance-related assets, excluding investments 1,959 2,268 Prepaid expenses 1,146 1,150 Total $ 16,063 $ 18,856

Deposits

Deposits	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Deposits	NOTE 10: DEPOSITS Demand deposits are those for which the Bank does not have the right to require notice prior to withdrawal and are in general chequing accounts. Notice deposits are those for which the Bank can legally require notice prior to withdrawal and are in general savings accounts. Term deposits are payable on a given date of maturity and are purchased by customers to earn interest over a fixed period, with terms ranging from one day to ten years and generally include fixed 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 April 30, 2021, was $274 billion (October 31, 2020 – $287 billion). Deposits (millions of Canadian dollars) As at By Type By Country April 30 2021 October 31 Demand Notice Term 1 Canada United International Total Total Personal $ 22,096 $ 549,612 $ 54,754 $ 285,399 $ 341,063 $ – $ 626,462 $ 625,200 Banks 2 14,008 418 11,748 19,850 36 6,288 26,174 28,969 Business and government 3 129,075 198,594 138,183 315,309 145,863 4,680 465,852 481,164 Trading 2 – – 33,679 15,602 4,461 13,616 33,679 19,177 Designated at fair value through profit or loss 2,4 – – 66,195 34,214 29,159 2,822 66,195 59,626 Total $ 165,179 $ 748,624 $ 304,559 $ 670,374 $ 520,582 $ 27,406 $ 1,218,362 $ 1,214,136 Non-interest-bearing In domestic offices $ 65,345 $ 55,920 In foreign offices 78,346 76,099 Interest-bearing deposits included above In domestic offices 605,029 604,625 In foreign offices 469,634 472,913 U.S. federal funds deposited 2 8 4,579 Total 3,5 $ 1,218,362 $ 1,214,136 1 Includes $33.54 billion (October 31, 2020 – $27.58 billion) of senior debt which is subject to the bank recapitalization “bail-in” non-viable. 2 Includes deposits and advances with the Federal Home Loan Bank. 3 As at April 30, 2021, includes $34.6 billion relating to covered bondholders (October 31, 2020 – $40.5 billion) and $1.2 billion (October 31, 2020 – $1.2 billion) due to TD Capital Trust lV. 4 Financial liabilities designated at FVTPL on the Interim Consolidated Balance Sheet consist of deposits designated at FVTPL and $58 million (October 31, 2020 – $39 million) of loan commitments and financial guarantees designated at FVTPL. 5 As at April 30, 2021, includes deposits of $692 billion (October 31, 2020 – $708 billion) denominated in U.S. dollars and $45 billion (October 31, 2020 – $44 billion) denominated in other foreign currencies. Redemption of TD Capital Trust IV Notes – Series 3 On May 17, 2021, TD Capital Trust IV announced its intention to redeem all of the outstanding TD Capital Trust IV Notes – Series 3 on June 30, 2021. The proceeds from the issuances of TD Capital Trust IV Notes were invested in Bank deposit notes and are reported in Deposits on the Interim Consolidated Balance Sheet.

Other Liabilities

Other Liabilities	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Other Liabilities	NOTE 11: OTHER LIABILITIES Other Liabilities (millions of Canadian dollars) As at April 30 2021 October 31 2020 Accounts payable, accrued expenses, and other items $ 4,454 $ 6,571 Accrued interest 828 1,142 Accrued salaries and employee benefits 2,966 2,900 Cheques and other items in transit 2,069 2,440 Current income tax payable 142 275 Deferred tax liabilities 265 284 Defined benefit liability 1,819 3,302 Lease liabilities 5,588 6,095 Liabilities related to structured entities 3,991 5,898 Provisions 1,421 1,569 Total $ 23,543 $ 30,476

Equity

Equity	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Equity	NOTE 12: EQUITY The following table summarizes the changes to the shares issued and outstanding, and treasury shares held as at and for the three and six months ended April 30, 2021 and April 30, 2020. Common and Preferred Shares Issued and Outstanding and Treasury Shares Held (millions of shares and millions of Canadian dollars) For the three months ended For the six months ended April 30, 2021 April 30, 2020 April 30, 2021 April 30, 2020 Number Amount Number Amount Number Amount Number Amount Common Shares Balance as at beginning of period 1,818.5 $ 22,645 1,810.0 $ 21,773 1,816.1 $ 22,487 1,812.5 $ 21,713 Proceeds from shares issued on exercise of stock options 0.7 44 0.2 12 1.6 90 1.0 53 Shares issued as a result of dividend reinvestment plan 1.2 101 1.3 74 2.7 213 2.2 143 Purchase of shares for cancellation and other – – (7.8 ) (93 ) – – (12.0 ) (143 ) Balance as at end of period 1,820.4 $ 22,790 1,803.7 $ 21,766 1,820.4 $ 22,790 1,803.7 $ 21,766 Preferred Shares – Class A Balance as at beginning of period 226.0 $ 5,650 232.0 $ 5,800 226.0 $ 5,650 232.0 $ 5,800 Redemption of shares 1 (28.0 ) (700 ) – – (28.0 ) (700 ) – – Balance as at end of period 198.0 $ 4,950 232.0 $ 5,800 198.0 $ 4,950 232.0 $ 5,800 Treasury shares – common 2 Balance as at beginning of period 2.5 $ (171 ) 1.8 $ (131 ) 0.5 $ (37 ) 0.6 $ (41 ) Purchase of shares 33.4 (2,688 ) 38.1 (2,359 ) 78.1 (5,833 ) 68.6 (4,635 ) Sale of shares (34.2 ) 2,736 (39.6 ) 2,465 (76.9 ) 5,747 (68.9 ) 4,651 Balance as at end of period 1.7 $ (123 ) 0.3 $ (25 ) 1.7 $ (123 ) 0.3 $ (25 ) Treasury shares – preferred 2 Balance as at beginning of period 0.2 $ (4 ) 0.3 $ (7 ) 0.1 $ (4 ) 0.3 $ (6 ) Purchase of shares 1.8 (45 ) 1.8 (31 ) 3.3 (79 ) 3.6 (69 ) Sale of shares (1.8 ) 44 (1.9 ) 35 (3.2 ) 78 (3.7 ) 72 Balance as at end of period 0.2 $ (5 ) 0.2 $ (3 ) 0.2 $ (5 ) 0.2 $ (3 ) 1 On April 30, 2021, the Bank redeemed all of its 28 million outstanding Non-Cumulative 5-Year 2 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.

Share-Based Compensation

Share-Based Compensation	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Share-Based Compensation	NOTE 13: SHARE-BASED COMPENSATION For the three and six months ended April 30, 2021, the Bank recognized compensation expense for stock option awards of $5.9 million and $15.9 million, respectively (three and six months ended April 30, 2020 – $3.1 million and $7.0 million, respectively). During the three months ended April 30, 2021 and April 30, 2020, nil stock options were granted by the Bank. During the six months ended April 30, 2021, 2.2 million (six months ended April 30, 2020 – 2.1 million) stock options were granted by the Bank at a weighted-average fair value of $8.90 per option (April 30, 2020 – $5.55 per option). The following table summarizes the assumptions used for estimating the fair value of options for the six months ended April 30, 2021 and April 30, 2020. Assumptions Used for Estimating the Fair Value of Options 1 (in Canadian dollars, except as noted) For the six months ended April 30 2021 April 30 2020 Risk-free interest rate 0.71 % 1.59 % Option contractual life 10 years 10 years Expected volatility 2 18.50 % 12.90 % Expected dividend yield 3.61 % 3.50 % Exercise price/share price $ 71.88 $ 72.84 1 Prior period disclosure has been updated to align with the current period disclosure. 2 Expected volatility is calculated based on the average daily volatility measured over a historical period.

Employee Benefits

Employee Benefits	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Employee Benefits	NOTE 14: EMPLOYEE BENEFITS The following table summarizes expenses for the Bank’s principal pension and non-pension Defined Benefit Plan Expenses (millions of Canadian dollars) Principal pension plans Principal post-retirement benefit plan Other pension and post-retirement 1 For the three months ended April 30 2021 April 30 2020 April 30 2021 April 30 2020 April 30 2021 April 30 2020 Service cost – benefits earned $ 131 $ 117 $ 3 $ 4 $ 2 $ 2 Net interest cost on net defined benefit liability 6 3 2 4 5 7 Past service cost (credit) – – – – – – Defined benefit administrative expenses 2 3 – – 1 2 Total $ 139 $ 123 $ 5 $ 8 $ 8 $ 11 For the six months ended April 30 2021 April 30 2020 April 30 2021 April 30 2020 April 30 2021 April 30 2020 Service cost – benefits earned $ 261 $ 234 $ 5 $ 8 $ 4 $ 4 Net interest cost on net defined benefit liability 12 7 5 9 10 14 Past service cost (credit) – – – – 1 – Defined benefit administrative expenses 5 5 – – 2 3 Total $ 278 $ 246 $ 10 $ 17 $ 17 $ 21 1 Includes Canada Trust defined benefit pension plan, TD Banknorth defined benefit pension plan, TD Auto Finance retirement plans, and supplemental employee retirement plans. Other employee benefit plans operated by the Bank and certain of its subsidiaries are not considered material for disclosure purposes. 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. The following table summarizes expenses for the Bank’s defined contribution plans for the three and six months ended April 30, 2021 and April 30, 2020. Defined Contribution Plan Expenses (millions of Canadian dollars) For the three months ended For the six months ended April 30 2021 April 30 2020 April 30 2021 April 30 2020 Defined contribution pension plans 1 $ 42 $ 41 $ 94 $ 85 Government pension plans 2 91 88 211 205 Total $ 133 $ 129 $ 305 $ 290 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 The following table summarizes the remeasurements recognized in other comprehensive income for the Bank’s principal pension and post-retirement defined benefit plans for the three and six months ended April 30, 2021 and April 30, 2020. Remeasurement of Defined Benefit Plans 1,2 ,3 (millions of Canadian dollars) Principal pension plans Principal post-retirement For the three months ended April 30 April 30 April 30 April 30 Actuarial gains (losses) – defined benefit plan obligations $ 1,143 $ 318 $ 38 $ 42 Actuarial gains (losses) – return on plan assets less interest income (85 ) (348 ) – – Total $ 1,058 $ (30 ) $ 38 $ 42 For the six months ended April 30 April 30 April 30 April 30 Actuarial gains (losses) – defined benefit plan obligations $ 1,390 $ (111 ) $ 42 $ 6 Actuarial gains (losses) – return on plan assets less interest income 217 (89 ) – – Total $ 1,607 $ (200 ) $ 42 $ 6 1 Excludes the Canada Trust defined benefit pension plan, TD Banknorth defined benefit pension plan, TD Auto Finance retirement plans, supplemental employee retirement plans, and other employee benefit plans as these plans are not remeasured on a quarterly basis. 2 Changes in discount rates and return on plan assets are reviewed and updated on a quarterly basis. All other assumptions are updated annually. 3 Amounts are presented on a pre-tax

Income Taxes

Income Taxes	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Income Taxes	NOTE 15: INCOME TAXES 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 this quarter, the RQA reassessed the Bank for $8 million of additional income tax and interest in respect to the Bank’s 2015 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 $34 million for the years 2011 to 2015, and the ATRA has reassessed the Bank for $33 million for the years 2011 to 2014. In total, the Bank has been reassessed for $1,099 million of income tax and interest for these periods. The Bank expects the CRA, RQA, and ATRA to continue 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.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Earnings Per Share	NOTE 16: 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 three and six months ended April 30, 2021 and April 30, 2020. Basic and Diluted Earnings Per Share (millions of Canadian dollars, except as noted) For the three months ended For the six months ended April 30 April 30 April 30 April 30 Basic earnings per share Net income attributable to common shareholders $ 3,630 $ 1,447 $ 6,842 $ 4,369 Weighted-average number of common shares outstanding (millions) 1,817.4 1,803.0 1,815.7 1,807.0 Basic earnings per share $ 2.00 $ 0.80 $ 3.77 $ 2.42 Diluted earnings per share Net income attributable to common shareholders $ 3,630 $ 1,447 $ 6,842 $ 4,369 Net income available to common shareholders including impact of dilutive securities 3,630 1,447 6,842 4,369 Weighted-average number of common shares outstanding (millions) 1,817.4 1,803.0 1,815.7 1,807.0 Effect of dilutive securities Stock options potentially exercisable (millions) 1 2.5 1.4 2.1 2.0 Weighted-average number of common shares outstanding – diluted (millions) 1,819.9 1,804.4 1,817.8 1,809.0 Diluted earnings per share 1 $ 1.99 $ 0.80 $ 3.76 $ 2.42 1 For the three and six months ended April 30, 2021, no outstanding options were excluded from the computation of diluted earnings per share. For the three and six months ended April 30, 2020, the computation of diluted earnings per share excluded average options outstanding of 7.8 million and 5.3 million, respectively, with a weighted-average exercise price of $70.16 and $71.42, respectively, as the option price was greater than the average market price of the Bank’s common shares.

Contingent Liabilities

Contingent Liabilities	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Contingent Liabilities	NOTE 17: CONTINGENT LIABILITIES Other than as described below, there have been no new significant events or transactions as previously identified in Note 27 of the Bank’s 2020 Annual Consolidated Financial Statements. 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 April 30, 2021, the Bank’s RPL is from zero to approximately $1.4 billion (October 31, 2020 – from zero to approximately $951 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 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 – Smith v. Independent Bank, et al. On March 19, 2021, plaintiffs in Rotstain v. Trustmark National Bank, et al. The trial in the Canadian action began on January 11, 2021 and closing arguments were heard at the end of April 2021. The trial judge has taken the case under reserve. Credit Card Fees – TD Ameritrade Stockholder Litigation Hawkes v. Bettino, et al.

Segmented Information

Segmented Information	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Segmented Information	NOTE 18: 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 the 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 Schwab; and Wholesale Banking. The Bank’s other activities are grouped into the Corporate segment. The following table summarizes the segment results for the three and six months ended April 30, 2021 and April 30, 2020. Results by Business Segment 1,2 (millions of Canadian dollars) Canadian Retail U.S. Retail Wholesale Banking 3 Corporate 3 Total For the three months ended April 30 April 30 April 30 April 30 April 30 April 30 April 30 April 30 April 30 April 30 Net interest income $ 2,873 $ 3,002 $ 1,950 $ 2,311 $ 648 $ 493 $ 364 $ 394 $ 5,835 $ 6,200 Non-interest 3,189 3,021 663 491 509 768 32 48 4,393 4,328 Total revenue 6,062 6,023 2,613 2,802 1,157 1,261 396 442 10,228 10,528 Provision for (recovery of) credit losses (37 ) 1,153 (213 ) 1,137 (63 ) 374 (64 ) 554 (377 ) 3,218 Insurance claims and related expenses 441 671 – – – – – – 441 671 Non-interest 2,689 2,588 1,594 1,680 705 616 741 237 5,729 5,121 Income (loss) before income taxes and share of net income from investment in Schwab and TD Ameritrade 2,969 1,611 1,232 (15 ) 515 271 (281 ) (349 ) 4,435 1,518 Provision for (recovery of) income taxes 787 439 162 (117 ) 132 62 (119 ) (134 ) 962 250 Share of net income from investment in Schwab and TD Ameritrade 4,5 – – 246 234 – – (24 ) 13 222 247 Net income (loss) $ 2,182 $ 1,172 $ 1,316 $ 336 $ 383 $ 209 $ (186 ) $ (202 ) $ 3,695 $ 1,515 For the six months ended April 30 April 30 April 30 April 30 April 30 April 30 April 30 April 30 April 30 April 30 Net interest income (loss) $ 5,851 $ 6,169 $ 3,981 $ 4,507 $ 1,309 $ 850 $ 724 $ 843 $ 11,865 $ 12,369 Non-interest 6,556 6,109 1,316 1,197 1,158 1,457 145 5 9,175 8,768 Total revenue 12,407 12,278 5,297 5,704 2,467 2,307 869 848 21,040 21,137 Provision for (recovery of) credit losses 105 1,544 (78 ) 1,456 (43 ) 391 (48 ) 746 (64 ) 4,137 Insurance claims and related expenses 1,221 1,451 – – – – – – 1,221 1,451 Non-interest 5,343 5,224 3,282 3,273 1,416 1,268 1,472 823 11,513 10,588 Income (loss) before income taxes and share of net income from investment in Schwab and TD Ameritrade 5,738 4,059 2,093 975 1,094 648 (555 ) (721 ) 8,370 4,961 Provision for (recovery of) income taxes 1,519 1,098 232 (72 ) 274 158 (236 ) (275 ) 1,789 909 Share of net income from investment in Schwab and TD Ameritrade 4,5 – – 455 435 – – (64 ) 17 391 452 Net income (loss) $ 4,219 $ 2,961 $ 2,316 $ 1,482 $ 820 $ 490 $ (383 ) $ (429 ) $ 6,972 $ 4,504 Total assets $ 486,910 $ 443,828 $ 550,878 $ 536,865 $ 487,415 $ 554,898 $ 143,855 $ 138,154 $ 1,669,058 $ 1,673,745 1 Certain comparative amounts have been reclassified to conform with the presentation adopted in the current period. 2 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 3 Net interest income within Wholesale Banking is calculated on a taxable equivalent basis (TEB). The TEB adjustment reflected in Wholesale Banking is reversed in the Corporate segment. 4 The after-tax 5 The Bank’s share of Schwab’s and TD Ameritrade’s earnings is reported with a one-month

Interest Income and Expense

Interest Income and Expense	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Interest Income and Expense	NOTE 19: INTEREST INCOME AND EXPENSE The following table presents interest income and interest expense by basis of accounting measurement. Interest Income and Expense 1 (millions of Canadian dollars) For the three months ended April 30, 2021 April 30, 2020 Interest income Interest expense Interest income Interest expense Measured at amortized cost $ 6,264 $ 873 $ 7,331 $ 1,823 Measured at FVOCI 133 – 636 – 6,397 873 7,967 1,823 Not measured at amortized cost or FVOCI 2 829 518 1,508 1,452 Total $ 7,226 $ 1,391 $ 9,475 $ 3,275 For the six months ended April 30, 2021 April 30, 2020 Interest income Interest expense Interest income Interest expense Measured at amortized cost $ 12,875 $ 1,915 $ 15,288 $ 4,340 Measured at FVOCI 310 – 1,281 – 13,185 1,915 16,569 4,340 Not measured at amortized cost or FVOCI 2 1,651 1,056 3,294 3,154 Total $ 14,836 $ 2,971 $ 19,863 $ 7,494 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current period. 2 Includes interest income, interest expense, and dividend income for financial instruments that are measured or designated at FVTPL and equities designated at FVOCI.

Regulatory Capital

Regulatory Capital	6 Months Ended
	Apr. 30, 2021
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, market, and operational risks. The Bank has various capital policies, procedures, and controls which it utilizes to achieve its goals and objectives. During the six months ended April 30, 2021, the Bank complied with the OSFI Basel III guidelines related to capital ratios and the leverage ratio. Effective January 1, 2016, OSFI’s target Common Equity Tier 1 (CET1), Tier 1, and Total Capital ratios for Canadian banks designated as domestic systemically important banks (D-SIBs) D-SIBs (G-SIB). D-SIB G-SIB The following table summarizes the Bank’s regulatory capital positions as at April 30, 2021 and October 31, 2020. Regulatory Capital Position 1 (millions of Canadian dollars, except as noted) As at April 30 October 31 Capital Common Equity Tier 1 Capital $ 64,628 $ 62,616 Tier 1 Capital 69,887 69,091 Total Capital 81,924 80,021 Risk-weighted assets used in the calculation of capital ratios 455,010 478,909 Capital and leverage ratios Common Equity Tier 1 Capital ratio 14.2 % 13.1 % Tier 1 Capital ratio 15.4 14.4 Total Capital ratio 18.0 16.7 Leverage ratio 4.6 4.5 1 Includes capital adjustments provided by OSFI in response to COVID-19

Risk Management

Risk Management	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Risk Management	NOTE 21: 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 market, liquidity, and insurance risks are an integral part of the Interim Consolidated Financial Statements.

Significant and Subsequent Even

Significant and Subsequent Events, and Pending Acquisitions	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Significant and Subsequent Events, and Pending Acquisitions	NOTE 22: SIGNIFICANT AND SUBSEQUENT EVENTS, AND PENDING ACQUISITIONS Acquisition of Wells Fargo’s Canadian Direct Equipment Finance Business On May 1, 2021, the Bank acquired the Canadian Direct Equipment Finance business of Wells Fargo & Company (“Wells Fargo”) which had a net book value of approximately $1.4 billion, for consideration of approximately $1.5 billion. The acquisition is accounted for as a business combination under the purchase method. On finalization of the purchase price allocation, the excess of accounting consideration over the fair value of the identifiable net assets acquired will be allocated to goodwill. The results of the acquired business will be consolidated from the acquisition date and will be included in the Canadian Retail segment. Announced Acquisition of Headlands Tech Global Markets, LLC On March 23, 2021, the Bank and Headlands Tech Holdings, LLC announced a definitive agreement for the Bank to acquire Headlands Tech Global Markets, LLC, a Chicago-based quantitative fixed income trading company. The transaction is expected to close in the second half of calendar 2021, subject to receipt of regulatory approvals and satisfaction of other customary closing conditions. The results of the acquired business will be consolidated from the acquisition date and will be included in the Wholesale Banking segment.

Current And Future Changes In_2

Current And Future Changes In Accounting Policies (Policies)	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
IBOR Reform and its Effects on Financial Reporting	IBOR Reform and its Effects on Financial Reporting 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) in July 2017 that it would no longer compel banks to submit London Interbank Offered Rates (LIBORs) after December 2021 (which was subsequently updated to June 2023 for certain tenors of US LIBOR), 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. Other transition risks may arise because the new ARRs, unlike LIBOR, are overnight near risk-free rates which could result in different financial performance for legacy transactions, require different hedging strategies, or affect the Bank’s capital and liquidity planning and management. Additionally, any adverse impacts on the value of and return on existing instruments and contracts for the Bank’s clients may present an increased risk of litigation, regulatory intervention, and possible reputational damage. To manage the transition to ARRs, the Bank has established an enterprise-wide, cross functional initiative with Board oversight and dedicated work streams to evaluate and address the key areas of impact on the Bank’s products, services, systems, documents, processes, models, funding and liquidity planning, risk management frameworks, and financial reporting with the intention of managing the impact through appropriate mitigating actions. The Bank is also actively participating in industry associations and incorporating best practice guidance from these working groups as well as regulatory bodies into the transition plan, such as incorporating appropriate fallback language in contracts, making available new products referencing ARRs, ceasing the issuance of IBOR based financial instruments, and preparing for overall operational readiness. To help support the transition of legacy derivative contracts, the Bank’s registered swap dealer and four additional Bank affiliates have adhered to the International Swaps and Derivatives Association IBOR Fallbacks Protocol (ISDA Protocol). The ISDA Protocol, which took effect on January 25, 2021, provides an efficient transition mechanism for mutually adhering counterparties to incorporate prescribed fallback rates into legacy derivative contracts. The Bank is progressing on its transition plan and incorporating market developments as they arise. On March 5, 2021, ICE Benchmark Administration (IBA), the administrator of LIBOR, announced that it will cease publication of: (i) GBP LIBOR (all tenors), EUR LIBOR (all tenors), CHF LIBOR (all tenors), JPY LIBOR (all tenors), and US LIBOR (1-week and 2-months) following December 31, 2021; and (ii) US LIBOR (overnight, 1-month, 3-months, 6-months, and 12-months) following June 30, 2023. Further to IBA’s confirmation of its timeline for LIBOR cessation, London Clearing House and the Chicago Mercantile Exchange Group are working with market participants to establish a process to convert outstanding LIBOR swaps into corresponding market standard ARR-based contracts. The Bank continues to monitor and participate in these and other industry developments to help support an orderly wind down of LIBOR. As a result of the decision taken by international regulators to transition from IBORs to ARRs, the IASB undertook standard setting activities related to the accounting issues of IBOR reform in two phases. On September 26, 2019, the IASB issued Interest Rate Benchmark Reform, Amendments to IFRS 9, IAS 39 and IFRS 7 Interest Rate Benchmark Reform – Phase 2, Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 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 permit modification to financial assets, financial liabilities and lessee lease liabilities required as a direct consequence of IBOR reform and made on an economically equivalent basis to be accounted for by updating the effective interest rate (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 The following table discloses the Bank’s exposures to significant interest rate benchmarks subject to IBOR reform that have yet to transition to an ARR and will be maturing after June 30, 2023 for certain tenors of US LIBOR and after December 31, 2021 for other IBORs subject to transition. This also includes exposures to interest rate benchmarks subject to IBOR reform that are not required to transition to an ARR. Exposures to Interest Rate Benchmarks Subject to IBOR Reform 1,2,3,4 (millions of Canadian dollars) As at April 30, 2021 Non-derivative 5 Non-derivative Derivatives Off-balance sheet 6 Carrying amount Carrying amount Notional Positive Negative Contractual US LIBOR tenors ceasing 12/31/2021 $ 1,548 $ – $ 175 $ 2 $ 16 $ – US LIBOR tenors ceasing 06/30/2023 101,356 505 2,544,614 1,131 2,119 70,013 GBP LIBOR 816 848 386,367 123 144 1,305 Other IBORs 7 571 154 272,189 227 420 – 104,291 1,507 3,203,345 1,483 2,699 71,318 Cross-currency swaps 8 US LIBOR / other rates 9 n/a n/a 371,008 5,457 7,461 n/a US LIBOR / GBP LIBOR n/a n/a 132,407 564 536 n/a US LIBOR / JPY LIBOR n/a n/a 33,779 409 335 n/a Other IBORs 7 n/a n/a 37,376 889 787 n/a n/a n/a 574,570 7,319 9,119 n/a Total $ 104,291 $ 1,507 $ 3,777,915 $ 8,802 $ 11,818 $ 71,318 1 US LIBOR transitioning to SOFR (Secured Overnight Financing Rate), GBP LIBOR transitioning to SONIA (Sterling Overnight Index Average), and JPY LIBOR transitioning to TONAR (Tokyo Overnight Average Rate). 2 EURIBOR (Euro Interbank Offered Rate) is excluded from the table as it underwent a methodology change in 2019 and will continue as an interest rate benchmark. As at April 30, 2021, the notional amount of derivatives indexed to EURIBOR was $1,642 billion, and the carrying amounts of non-derivative non-derivative 3 Certain demand facilities indexed to US LIBOR have no specific maturity and are therefore excluded from the table. As at April 30, 2021, the carrying amounts of demand loans and demand deposits indexed to US LIBOR with no specific maturity were $2 billion and $1 billion, respectively. 4 As at April 30, 2021, the notional amount of derivatives indexed to US LIBOR 1-month 3-month 5 Loans reported under non-derivative non-derivative 6 Many of the Bank’s corporate loan facilities permit the borrower to select the benchmark interest rate upon drawing on the facility. Based on the Bank’s historical experience, the benchmark interest rate selected by the borrower is often the same as the facility currency and therefore the Bank has assumed that the benchmark interest rate for its undrawn credit and liquidity commitments is the same as the facility currency for the purpose of this disclosure. 7 “Other IBORs” include the following interest rate benchmarks that are subject to IBOR reform: EUR LIBOR, CHF LIBOR, JPY LIBOR, EUR EONIA (Euro Overnight Index Average), NOK NIBOR (Norwegian Interbank Offered Rate), SGD SOR (Singapore Dollar Swap Offer Rate), HKD HIBOR (Hong Kong Interbank Offered Rate), ZAR JIBAR (Johannesburg Interbank Average Rate), SEK STIBOR (Stockholm Interbank Offered Rate), and MXN TIIE (Interbank Equilibrium Interest Rate). Also included are CDOR (Canadian Dollar Offered Rate) 6-month 12-month 8 US LIBOR presented in the table under cross-currency swaps refers to the tenors (overnight, 1-month, 3-months, 6-months, 12-months) (1-week 2-months) 9 “Other rates” refer to rates that are not subject to IBOR reform or have already been reformed.
Hedging Relationships	Hedging Relationships 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 Net interest income on the Interim 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 The cumulative adjustment to the carrying amount of the hedged item (the basis adjustment) is amortized to the Interim 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 On November 1, 2020, the Bank changed its accounting policy on a retrospective basis for the presentation of fair value changes on hedging instruments designated in certain fair value hedge accounting relationships, reclassifying the portion excluded from the hedge accounting designation to net interest income from non-interest Non-interest
Business Combinations	Business Combinations In October 2018, the IASB issued a narrow-scope amendment to IFRS 3, Business Combinations
Revised Conceptual Framework for Financial Reporting	Revised 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 Bank adopted the Revised Conceptual Framework prospectively on November 1, 2020 and it did not have a significant impact on the Bank.
Insurance Contracts	Insurance Contracts The IASB issued IFRS 17, Insurance Contracts Insurance Contracts The standard is effective for annual reporting periods beginning on or after January 1, 2023, which will be November 1, 2023 for the Bank. OSFI’s related Advisory precludes early adoption. The standard will be applied retrospectively with restatement of comparatives unless impracticable. The adoption of IFRS 17 is a significant initiative for the Bank and is supported by a robust governance structure. The Executive Steering Committee includes representation from the Insurance business, Finance, Actuaries, Risk, Technology, and project management teams. Updates are also provided to the TD Insurance Board, Risk Committee, and Audit Committee.

IFRS 7 Disclosure (Tables)

IFRS 7 Disclosure (Tables)	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Portfolio Market Risk Measures	TABLE 28: PORTFOLIO MARKET RISK MEASURES (millions of Canadian dollars) For the three months ended For the six months ended April 30 2021 January 31 April 30 April 30 April 30 As at Average High Low Average Average Average Average Interest rate risk $ 17.5 $ 18.6 $ 33.5 $ 11.0 $ 21.2 $ 19.7 $ 19.9 $ 16.7 Credit spread risk 6.9 19.4 34.0 5.7 24.6 47.9 22.0 28.7 Equity risk 8.7 10.2 14.1 8.2 10.1 10.5 10.2 8.7 Foreign exchange risk 2.7 2.0 3.9 0.8 3.0 4.8 2.5 4.6 Commodity risk 3.4 4.8 7.5 3.2 6.3 2.9 5.5 2.4 Idiosyncratic debt specific risk 28.0 31.1 37.9 26.1 30.8 34.2 31.0 24.3 Diversification effect 1 (34.6 ) (51.7 ) n/m 2 n/m (62.2 ) (68.6 ) (57.0 ) (50.0 ) Total Value-at-Risk (one-day) 32.6 34.4 41.3 28.2 33.8 51.4 34.1 35.4 Stressed Value-at-Risk (one-day) 36.2 35.0 39.3 28.5 33.4 76.6 34.2 60.8 Incremental Risk Capital Charge (one-year) $ 307.2 $ 363.0 $ 424.3 $ 307.2 $ 356.6 $ 338.0 $ 359.8 $ 273.9 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 29: STRUCTURAL INTEREST RATE SENSITIVITY MEASURES (millions of Canadian dollars) As at April 30, 2021 January 31, 2021 October 31, 2020 EVE Sensitivity NII 1 Sensitivity EVE NII 1 EVE NII Canada U.S. Total Canada U.S. Total Total Total Total Total Before-tax impact of 100 bps increase in rates $ 49 $ (1,559 ) $ (1,510 ) $ 1,037 $ 1,064 $ 2,101 $ (1,625 ) $ 2,299 $ (1,876 ) $ 1,926 100 bps decrease in rates (189 ) 518 329 (551 ) (376 ) (927 ) 143 (934 ) 277 (872 ) 1 Represents the twelve-month net interest income (NII) exposure to an immediate and sustained shock in rates.
Summary of Liquid Assets by Type and Currency	TABLE 30: SUMMARY OF LIQUID ASSETS BY TYPE AND CURRENCY 1,2,3 (millions of Canadian dollars, except as noted) As at Bank-owned Securities Total % of Encumbered Unencumbered April 30, 2021 Cash and central bank reserves $ 72,909 $ – $ 72,909 9 % $ 1,107 $ 71,802 Canadian government obligations 27,281 84,610 111,891 13 72,112 39,779 National Housing Act Mortgage-Backed Securities (NHA MBS) 27,002 8 27,010 3 2,358 24,652 Obligations of provincial governments, public sector entities and multilateral development banks 4 26,160 23,402 49,562 6 33,328 16,234 Corporate issuer obligations 8,147 3,110 11,257 1 2,578 8,679 Equities 14,015 3,051 17,066 2 10,905 6,161 Total Canadian dollar-denominated 175,514 114,181 289,695 34 122,388 167,307 Cash and central bank reserves 113,900 – 113,900 13 21 113,879 U.S. government obligations 56,498 49,091 105,589 13 46,521 59,068 U.S. federal agency obligations, including U.S. federal agency mortgage-backed obligations 68,977 4,167 73,144 9 14,880 58,264 Obligations of other sovereigns, public sector entities and multilateral development banks 4 63,100 50,534 113,634 13 46,158 67,476 Corporate issuer obligations 72,718 2,587 75,305 9 8,551 66,754 Equities 40,151 32,205 72,356 9 35,182 37,174 Total non-Canadian dollar-denominated 415,344 138,584 553,928 66 151,313 402,615 Total $ 590,858 $ 252,765 $ 843,623 100 % $ 273,701 $ 569,922 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 NHA MBS 30,763 23 30,786 3 2,294 28,492 Obligations of provincial governments, public sector entities and multilateral development banks 4 22,999 24,441 47,440 6 34,990 12,450 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 Total Canadian dollar-denominated 211,866 113,181 325,047 37 130,486 194,561 Cash and central bank reserves 69,183 – 69,183 8 51 69,132 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 Obligations of other sovereigns, public sector entities and multilateral development banks 4 61,171 55,449 116,620 14 49,771 66,849 Corporate issuer obligations 78,238 2,108 80,346 9 8,297 72,049 Equities 31,258 38,684 69,942 8 36,716 33,226 Total non-Canadian dollar-denominated 396,682 159,562 556,244 63 169,915 386,329 Total $ 608,548 $ 272,743 $ 881,291 100 % $ 300,401 $ 580,890 1 Certain comparative amounts have been reclassified to conform with the presentation adopted in the current period. 2 Positions stated include gross asset values pertaining to securities financing transactions. 3 Liquid assets include collateral received that can be re-hypothecated or otherwise redeployed. 4 Includes debt obligations issued or guaranteed by these entities.
Summary of Unencumbered Liquid Assets by Bank, Subsidiaries, and Branches	TABLE 31: SUMMARY OF UNENCUMBERED LIQUID ASSETS BY BANK, SUBSIDIARIES, AND BRANCHES (millions of Canadian dollars) As at April 30 2021 October 31 2020 The Toronto-Dominion Bank (Parent) $ 199,967 $ 230,369 Bank subsidiaries 348,044 334,308 Foreign branches 21,911 16,213 Total $ 569,922 $ 580,890
Summary of Deposit Funding	TABLE 39: SUMMARY OF DEPOSIT FUNDING (millions of Canadian dollars) As at April 30 2021 October 31 2020 P&C deposits – Canadian Retail $ 492,396 $ 471,543 P&C deposits – U.S. Retail 466,019 477,738 Total $ 958,415 $ 949,281
Summary of Remaining Contractual Maturity	TABLE 42: REMAINING CONTRACTUAL MATURITY (millions of Canadian dollars) As at April 30, 2021 Less than 1 1 to 3 months 3 to 6 months 6 to 9 9 months to 1 year Over 1 to 2 years Over 2 to 5 years Over 5 years No specific maturity Total Assets Cash and due from banks $ 5,709 $ 9 $ – $ – $ – $ – $ – $ – $ – $ 5,718 Interest-bearing deposits with banks 186,125 571 185 – – – – – 1,528 188,409 Trading loans, securities, and other 1 1,945 2,513 6,052 2,276 4,429 9,122 27,430 20,615 67,108 141,490 Non-trading financial assets at fair value through profit or loss 70 1,539 277 74 820 1,296 2,288 1,952 899 9,215 Derivatives 7,460 7,006 4,764 3,709 3,123 6,104 10,979 10,476 – 53,621 Financial assets designated at fair value through profit or loss 548 234 252 239 174 396 1,318 1,671 – 4,832 Financial assets at fair value through other comprehensive income 1,202 5,294 5,781 8,115 11,617 6,038 21,902 25,515 4,135 89,599 Debt securities at amortized cost, net of allowance for credit losses 3,944 5,191 5,989 5,064 6,323 15,800 63,637 109,959 (2 ) 215,905 Securities purchased under reverse repurchase agreements 2 97,059 31,931 9,562 7,463 8,825 96 334 105 – 155,375 Loans Residential mortgages 571 3,222 8,034 6,632 5,786 36,782 154,678 40,572 – 256,277 Consumer instalment and other personal 810 1,666 3,044 2,691 2,590 14,189 76,050 26,778 56,648 184,466 Credit card – – – – – – – – 29,281 29,281 Business and government 23,404 9,752 9,106 7,432 11,053 27,185 69,121 60,881 27,476 245,410 Total loans 24,785 14,640 20,184 16,755 19,429 78,156 299,849 128,231 113,405 715,434 Allowance for loan losses – – – – – – – – (6,998 ) (6,998 ) Loans, net of allowance for loan losses 24,785 14,640 20,184 16,755 19,429 78,156 299,849 128,231 106,407 708,436 Customers’ liability under acceptances 14,114 4,906 50 – – – – – – 19,070 Investment in Schwab – – – – – – – – 10,697 10,697 Goodwill 3 – – – – – – – – 15,979 15,979 Other intangibles 3 – – – – – – – – 1,915 1,915 Land, buildings, equipment, and other depreciable assets 3 1 1 1 6 4 24 324 3,930 4,970 9,261 Deferred tax assets – – – – – – – – 1,938 1,938 Amounts receivable from brokers, dealers, and clients 21,535 – – – – – – – – 21,535 Other assets 3,496 1,248 244 110 1,435 78 115 90 9,247 16,063 Total assets $ 367,993 $ 75,083 $ 53,341 $ 43,811 $ 56,179 $ 117,110 $ 428,176 $ 302,544 $ 224,821 $ 1,669,058 Liabilities Trading deposits $ 5,288 $ 5,654 $ 7,194 $ 5,035 $ 3,031 $ 2,823 $ 3,441 $ 1,213 $ – $ 33,679 Derivatives 8,800 6,865 4,920 3,957 2,350 6,386 11,635 13,106 – 58,019 Securitization liabilities at fair value – 620 344 643 1,022 2,252 6,235 2,506 – 13,622 Financial liabilities designated at fair value through profit or loss 12,451 19,487 14,067 8,664 11,452 123 3 6 – 66,253 Deposits 4,5 Personal 5,742 10,552 8,300 6,711 7,617 8,762 7,042 28 571,708 626,462 Banks 8,793 2,150 158 272 100 2 2 3 14,694 26,174 Business and government 24,216 22,871 10,087 6,532 7,142 16,927 45,711 4,653 327,713 465,852 Total deposits 38,751 35,573 18,545 13,515 14,859 25,691 52,755 4,684 914,115 1,118,488 Acceptances 14,114 4,906 50 – – – – – – 19,070 Obligations related to securities sold short 1 2,572 3,406 1,030 630 1,995 3,865 11,758 12,700 1,124 39,080 Obligations related to securities sold under repurchase agreements 2 119,778 11,063 8,936 1,862 3,102 1,483 1,380 722 – 148,326 Securitization liabilities at amortized cost – 422 404 340 419 1,872 7,747 4,142 – 15,346 Amounts payable to brokers, dealers, and clients 20,514 – – – – – – – – 20,514 Insurance-related liabilities 153 260 386 386 407 940 1,634 893 2,275 7,334 Other liabilities 5,148 1,257 1,820 1,329 553 1,676 1,238 4,980 5,542 23,543 Subordinated notes and debentures – – – – – – 200 11,069 – 11,269 Equity – – – – – – – – 94,515 94,515 Total liabilities and equity $ 227,569 $ 89,513 $ 57,696 $ 36,361 $ 39,190 $ 47,111 $ 98,026 $ 56,021 $ 1,017,571 $ 1,669,058 Off-balance sheet commitments Credit and liquidity commitments 6,7 $ 18,168 $ 32,868 $ 19,949 $ 18,995 $ 18,945 $ 39,193 $ 105,515 $ 4,041 $ 1,207 $ 258,881 Other commitments 8 103 113 180 238 154 659 932 910 – 3,289 Unconsolidated structured entity commitments – 1,008 384 1,640 270 544 – – – 3,846 Total off-balance sheet commitments $ 18,271 $ 33,989 $ 20,513 $ 20,873 $ 19,369 $ 40,396 $ 106,447 $ 4,951 $ 1,207 $ 266,016 1 Amount has been recorded according to the remaining contractual maturity of the underlying security. 2 Certain contracts considered short-term are presented in ‘less than 1 month’ category. 3 Certain non-financial assets have been recorded as having ‘no specific maturity’. 4 As the timing of demand deposits and notice deposits is non-specific and callable by the depositor, obligations have been included as having ‘no specific maturity’. 5 Includes $35 billion of covered bonds with remaining contractual maturities of $5 billion in ‘over 1 months to 3 months’, $4 billion in ‘over 3 months to 6 months’, $3 billion in ‘over 6 months to 9 months’, $2 billion in ‘over 9 months to 1 year’, $11 billion in ‘over 1 to 2 years’, $8 billion in ‘over 2 to 5 years’, and $2 billion in ‘over 5 years’. 6 Includes $309 million in commitments to extend credit to private equity investments. 7 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. 8 Includes various purchase commitments as well as commitments for leases not yet commenced, and lease-related payments. TABLE 42: REMAINING CONTRACTUAL MATURITY (millions of Canadian dollars) As at October 31, 2020 Less than 1 month 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 5 years 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 financial assets at fair value through profit or loss 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 sheet commitments 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 sheet commitments $ 20,548 $ 24,037 $ 27,468 $ 20,504 $ 14,862 $ 44,417 $ 108,826 $ 4,896 $ 1,309 $ 266,867 1 Amount has been recorded according to the remaining contractual maturity of the underlying security. 2 Certain contracts considered short-term are presented in ‘less than 1 month’ category. 3 Certain non-financial assets have been recorded as having ‘no specific maturity’. 4 Upon adoption of Leases 5 As the timing of demand deposits and notice deposits is non-specific and callable by the depositor, obligations have been included as having ‘no specific maturity’. 6 Includes $41 billion of covered bonds with remaining contractual maturities of $2 billion in ‘over 1 months to 3 months’, $3 billion in ‘over 3 months to 6 months’, $5 billion in ‘over 6 months to 9 months’, $4 billion in ‘over 9 months to 1 year’, $9 billion in ‘over 1 to 2 years’, $16 billion in ‘over 2 to 5 years’, and $2 billion in ‘over 5 years’. 7 Includes $290 million in commitments to extend credit to private equity investments. 8 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. 9 Includes various purchase commitments as well as commitments for leases not yet commenced, and lease-related payments.

Current And Future Changes In_3

Current And Future Changes In Accounting Policies (Tables)	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Summary of Exposures to Significant Interest Rate Benchmarks Subject to IBOR Reform	The following table discloses the Bank’s exposures to significant interest rate benchmarks subject to IBOR reform that have yet to transition to an ARR and will be maturing after June 30, 2023 for certain tenors of US LIBOR and after December 31, 2021 for other IBORs subject to transition. This also includes exposures to interest rate benchmarks subject to IBOR reform that are not required to transition to an ARR. Exposures to Interest Rate Benchmarks Subject to IBOR Reform 1,2,3,4 (millions of Canadian dollars) As at April 30, 2021 Non-derivative 5 Non-derivative Derivatives Off-balance sheet 6 Carrying amount Carrying amount Notional Positive Negative Contractual US LIBOR tenors ceasing 12/31/2021 $ 1,548 $ – $ 175 $ 2 $ 16 $ – US LIBOR tenors ceasing 06/30/2023 101,356 505 2,544,614 1,131 2,119 70,013 GBP LIBOR 816 848 386,367 123 144 1,305 Other IBORs 7 571 154 272,189 227 420 – 104,291 1,507 3,203,345 1,483 2,699 71,318 Cross-currency swaps 8 US LIBOR / other rates 9 n/a n/a 371,008 5,457 7,461 n/a US LIBOR / GBP LIBOR n/a n/a 132,407 564 536 n/a US LIBOR / JPY LIBOR n/a n/a 33,779 409 335 n/a Other IBORs 7 n/a n/a 37,376 889 787 n/a n/a n/a 574,570 7,319 9,119 n/a Total $ 104,291 $ 1,507 $ 3,777,915 $ 8,802 $ 11,818 $ 71,318 1 US LIBOR transitioning to SOFR (Secured Overnight Financing Rate), GBP LIBOR transitioning to SONIA (Sterling Overnight Index Average), and JPY LIBOR transitioning to TONAR (Tokyo Overnight Average Rate). 2 EURIBOR (Euro Interbank Offered Rate) is excluded from the table as it underwent a methodology change in 2019 and will continue as an interest rate benchmark. As at April 30, 2021, the notional amount of derivatives indexed to EURIBOR was $1,642 billion, and the carrying amounts of non-derivative non-derivative 3 Certain demand facilities indexed to US LIBOR have no specific maturity and are therefore excluded from the table. As at April 30, 2021, the carrying amounts of demand loans and demand deposits indexed to US LIBOR with no specific maturity were $2 billion and $1 billion, respectively. 4 As at April 30, 2021, the notional amount of derivatives indexed to US LIBOR 1-month 3-month 5 Loans reported under non-derivative non-derivative 6 Many of the Bank’s corporate loan facilities permit the borrower to select the benchmark interest rate upon drawing on the facility. Based on the Bank’s historical experience, the benchmark interest rate selected by the borrower is often the same as the facility currency and therefore the Bank has assumed that the benchmark interest rate for its undrawn credit and liquidity commitments is the same as the facility currency for the purpose of this disclosure. 7 “Other IBORs” include the following interest rate benchmarks that are subject to IBOR reform: EUR LIBOR, CHF LIBOR, JPY LIBOR, EUR EONIA (Euro Overnight Index Average), NOK NIBOR (Norwegian Interbank Offered Rate), SGD SOR (Singapore Dollar Swap Offer Rate), HKD HIBOR (Hong Kong Interbank Offered Rate), ZAR JIBAR (Johannesburg Interbank Average Rate), SEK STIBOR (Stockholm Interbank Offered Rate), and MXN TIIE (Interbank Equilibrium Interest Rate). Also included are CDOR (Canadian Dollar Offered Rate) 6-month 12-month 8 US LIBOR presented in the table under cross-currency swaps refers to the tenors (overnight, 1-month, 3-months, 6-months, 12-months) (1-week 2-months) 9 “Other rates” refer to rates that are not subject to IBOR reform or have already been reformed.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Apr. 30, 2021
Statement [Line Items]
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 April 30, 2021 October 31, 2020 Carrying value Fair value Carrying value Fair value FINANCIAL ASSETS Debt securities at amortized cost, net of allowance for credit losses Government and government-related securities $ 162,405 $ 162,793 $ 174,592 $ 175,500 Other debt securities 53,500 53,887 53,087 53,373 Total debt securities at amortized cost, net of allowance for credit losses 215,905 216,680 227,679 228,873 Total loans, net of allowance for loan losses 708,436 715,048 717,523 727,197 Total financial assets not carried at fair value $ 924,341 $ 931,728 $ 945,202 $ 956,070 FINANCIAL LIABILITIES Deposits $ 1,118,488 $ 1,119,182 $ 1,135,333 $ 1,137,624 Securitization liabilities at amortized cost 15,346 15,503 15,768 16,143 Subordinated notes and debentures 11,269 12,130 11,477 12,374 Total financial liabilities not carried at fair value $ 1,145,103 $ 1,146,815 $ 1,162,578 $ 1,166,141 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, and other Government and government-related securities Canadian government debt Provinces $ – $ – $ – $ – $ – $ – $ – $ – $ – U.S. federal, state, municipal governments and agencies debt – – – – – – – – – Other debt securities Canadian issuers 1 – – – – – (1 ) – – Other issuers 1 (1 ) – – – 3 – 3 – 2 (1 ) – – – 3 (1 ) 3 – Non-trading Securities 595 26 – 46 (5 ) – – 662 23 Loans 3 – – – – – – 3 – 598 26 – 46 (5 ) – – 665 23 Financial assets at fair value through other comprehensive income Other debt securities Corporate and other debt 23 – 1 – – – – 24 1 Equity securities Common shares 1,503 – (1 ) 4 (64 ) – – 1,442 4 Preferred shares 32 – 5 – – – – 37 1 $ 1,558 $ – $ 5 $ 4 $ (64 ) $ – $ – $ 1,503 $ 6 FINANCIAL LIABILITIES Trading deposits 6 $ (5,024 ) $ (464 ) $ – $ (5 ) $ 1,682 $ – $ 3,635 $ (176 ) $ (21 ) Derivatives 7 Interest rate contracts (96 ) 4 – – (4 ) – – (96 ) 6 Foreign exchange contracts 5 5 – – – – (1 ) 9 6 Equity contracts (1,072 ) (310 ) – (23 ) 159 1 1,156 (89 ) (258 ) Commodity contracts 4 9 – – (2 ) – – 11 8 (1,159 ) (292 ) – (23 ) 153 1 1,155 (165 ) (238 ) Financial liabilities designated at fair value through profit or loss (31 ) (65 ) – (96 ) 142 – – (50 ) (65 ) Obligations related to securities sold short (1 ) – – – – – 1 – – 1 Gains/losses on financial assets and liabilities are recognized within Non-interest 2 Other comprehensive income. 3 Includes realized gains/losses transferred to retained earnings on disposal of equities designated at FVOCI. 4 Includes foreign exchange. 5 Changes in unrealized gains/losses on financial assets at FVOCI are recognized in accumulated other comprehensive income (AOCI). 6 Issuances and repurchases of trading deposits are reported on a gross basis. 7 As at April 30, 2021, consists of derivative assets of $28 million (February 1, 2021 – $576 million) and derivative liabilities of $193 million (February 1, 2021 – $1,735 million), 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 Total realized and Movements Transfers Fair Change in 4 Included 1 Included 2 Purchases/ Sales/ 3 Into Out of FINANCIAL ASSETS Trading loans, securities, and other Government and government-related securities Canadian government debt Provinces $ – $ – $ – $ – $ – $ – $ – $ – $ – U.S. federal, state, municipal governments and agencies debt 16 2 – – (18 ) – – – – Other debt securities Canadian issuers 2 – – – – – (2 ) – – Other issuers 1 – – 1 (1 ) 2 – 3 – 19 2 – 1 (19 ) 2 (2 ) 3 – Non-trading Securities 571 29 – 74 (11 ) – (1 ) 662 21 Loans 3 – – – – – – 3 – 574 29 – 74 (11 ) – (1 ) 665 21 Financial assets at fair value through other comprehensive income Other debt securities Corporate and other debt 20 – 4 – – – – 24 4 Equity securities Common shares 1,553 – (1 ) 24 (134 ) – – 1,442 4 Preferred shares 26 – 11 – – – – 37 6 $ 1,599 $ – $ 14 $ 24 $ (134 ) $ – $ – $ 1,503 $ 14 FINANCIAL LIABILITIES Trading deposits 5 $ (4,649 ) $ (998 ) $ – $ (749 ) $ 2,592 $ (7 ) $ 3,635 $ (176 ) $ (24 ) Derivatives 6 Interest rate contracts (96 ) 3 – – (3 ) – – (96 ) 7 Foreign exchange contracts 2 8 – – – – (1 ) 9 9 Equity contracts (707 ) (749 ) – (36 ) 239 8 1,156 (89 ) (661 ) Commodity contracts (18 ) 27 – – 1 – 1 11 13 (819 ) (711 ) – (36 ) 237 8 1,156 (165 ) (632 ) Financial liabilities designated at fair value through profit or loss (24 ) (61 ) – (142 ) 177 – – (50 ) (61 ) Obligations related to securities sold short – – – – – (1 ) 1 – – 1 Gains/losses on financial assets and liabilities are recognized within Non-interest 2 Includes realized gains/losses transferred to retained earnings on disposal of equities designated at FVOCI. 3 Includes foreign exchange. 4 Changes in unrealized gains/losses on financial assets at FVOCI are recognized in AOCI. 5 Issuances and repurchases of trading deposits are reported on a gross basis. 6 As at April 30, 2021, consists of derivative assets of $28 million (November 1, 2020 – $381 million) and derivative liabilities of $193 million (November 1, 2020 – $1,200 million), 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 Total realized and Movements Transfers Fair value as at Change in 4 Included 1 Included 2 Purchases/ Sales/ 3 Into Out of FINANCIAL ASSETS Trading loans, securities, and other Government and government-related securities Canadian government debt Provinces $ 8 $ – $ – $ – $ (8 ) $ – $ – $ – $ – Other debt securities Canadian issuers – – – – – – – – – Other issuers 9 – – 7 – 3 (4 ) 15 3 17 – – 7 (8 ) 3 (4 ) 15 3 Non-trading Securities 500 (12 ) – 28 (20 ) – – 496 (17 ) Loans 5 – – – (2 ) – – 3 – 505 (12 ) – 28 (22 ) – – 499 (17 ) Financial assets at fair value through other comprehensive income Other debt securities Corporate and other debt 24 – (4 ) – – – – 20 – Equity securities Common shares 1,518 – (1 ) 9 76 – – 1,602 – Preferred shares 45 – (19 ) 1 – – – 27 (19 ) $ 1,587 $ – $ (24 ) $ 10 $ 76 $ – $ – $ 1,649 $ (19 ) FINANCIAL LIABILITIES Trading deposits 5 $ (4,209 ) $ 628 $ – $ (1,083 ) $ 334 $ – $ 8 $ (4,322 ) $ 573 Derivatives 6 Interest rate contracts (85 ) (12 ) – – – – – (97 ) (10 ) Foreign exchange contracts – 11 – – 2 – – 13 11 Equity contracts (1,024 ) 490 – (27 ) 31 (1 ) – (531 ) 485 Commodity contracts (19 ) (66 ) – – 22 – – (63 ) (50 ) (1,128 ) 423 – (27 ) 55 (1 ) – (678 ) 436 Financial liabilities designated at fair value through profit or loss (5 ) 58 – (66 ) 6 – – (7 ) 58 Obligations related to securities sold short (3 ) – – – – – 3 – – 1 Gains/losses on financial assets and liabilities are recognized within Non-interest 2 Includes realized gains/losses transferred to retained earnings on disposal of equities designated at FVOCI. 3 Includes foreign exchange. 4 Changes in unrealized gains/losses on financial assets at FVOCI are recognized in AOCI. 5 Issuances and repurchases of trading deposits are reported on a gross basis. 6 As at April 30, 2020, consists of derivative assets of $337 million (February 1, 2020 – $630 million) and derivative liabilities of $1,015 million (February 1, 2020 – $1,758 million), 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 November 1 Total realized and Movements Transfers Fair value as at April 30 Change in instruments 4 Included 1 Included 2 Purchases/ Sales/ 3 Into Out of FINANCIAL ASSETS Trading loans, securities, and other Government and government-related securities Canadian government debt Provinces $ 8 $ – $ – $ – $ (8 ) $ – $ – $ – $ – Other debt securities Canadian issuers 3 – – – (1 ) – (2 ) – – Other issuers 1 – – 7 (1 ) 12 (4 ) 15 3 12 – – 7 (10 ) 12 (6 ) 15 3 Non-trading Securities 493 (4 ) – 53 (46 ) – – 496 (14 ) Loans 5 – – – (2 ) – – 3 – 498 (4 ) – 53 (48 ) – – 499 (14 ) Financial assets at fair value through other comprehensive income Other debt securities Corporate and other debt 24 – (4 ) – – – – 20 – Equity securities Common shares 1,507 – (1 ) 18 78 – – 1,602 1 Preferred shares 44 – (18 ) 1 – – – 27 (18 ) $ 1,575 $ – $ (23 ) $ 19 $ 78 $ – $ – $ 1,649 $ (17 ) FINANCIAL LIABILITIES Trading deposits 5 $ (4,092 ) $ 523 $ – $ (1,797 ) $ 1,036 $ – $ 8 $ (4,322 ) $ 494 Derivatives 6 Interest rate contracts (83 ) (22 ) – – 8 – – (97 ) (15 ) Foreign exchange contracts (1 ) 10 – – 3 1 – 13 11 Equity contracts (925 ) 357 – (58 ) 96 (1 ) – (531 ) 351 Commodity contracts (17 ) (69 ) – – 23 – – (63 ) (53 ) (1,026 ) 276 – (58 ) 130 – – (678 ) 294 Financial liabilities designated at fair value through profit or loss (21 ) 65 – (105 ) 54 – – (7 ) 65 Obligations related to securities sold short – – – – – (3 ) 3 – – 1 Gains/losses on financial assets and liabilities are recognized within Non-interest 2 Includes realized gains/losses transferred to retained earnings on disposal of equities designated at FVOCI. 3 Includes foreign exchange. 4 Changes in unrealized gains/losses on financial assets at FVOCI are recognized in AOCI. 5 Issuances and repurchases of trading deposits are reported on a gross basis. 6 As at April 30, 2020, consists of derivative assets of $337 million (November 1, 2019 – $604 million) and derivative liabilities of $1,015 million (November 1, 2019 – $1,630 million), which have been netted in this table for presentation purposes only.
At fair value [member]
Statement [Line Items]
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 April 30, 2021 and October 31, 2020. Fair Value Hierarchy for Assets and Liabilities Measured at Fair Value on a Recurring Basis (millions of Canadian dollars) As at April 30, 2021 October 31, 2020 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 $ 2,047 $ 11,741 $ – $ 13,788 $ 351 $ 21,141 $ – $ 21,492 Provinces – 7,325 – 7,325 – 8,468 – 8,468 U.S. federal, state, municipal governments, and agencies debt – 15,028 – 15,028 – 22,809 16 22,825 Other OECD government guaranteed debt – 5,990 – 5,990 – 4,563 – 4,563 Mortgage-backed securities – 1,595 – 1,595 – 1,690 – 1,690 Other debt securities Canadian issuers – 5,553 – 5,553 – 5,613 2 5,615 Other issuers – 12,172 3 12,175 – 13,352 1 13,353 Equity securities Common shares 54,797 32 – 54,829 43,803 39 – 43,842 Preferred shares 38 – – 38 37 – – 37 Trading loans – 12,759 – 12,759 – 12,959 – 12,959 Commodities 11,947 452 – 12,399 12,976 484 – 13,460 Retained interests – 11 – 11 – 14 – 14 68,829 72,658 3 141,490 57,167 91,132 19 148,318 Non-trading Securities 163 5,398 662 6,223 232 4,027 571 4,830 Loans – 2,989 3 2,992 – 3,715 3 3,718 163 8,387 665 9,215 232 7,742 574 8,548 Derivatives Interest rate contracts 6 11,846 – 11,852 22 17,937 – 17,959 Foreign exchange contracts 24 35,454 9 35,487 13 29,605 2 29,620 Credit contracts – 32 – 32 – 19 – 19 Equity contracts 1 4,566 5 4,572 5 3,855 370 4,230 Commodity contracts 385 1,279 14 1,678 383 2,022 9 2,414 416 53,177 28 53,621 423 53,438 381 54,242 Financial assets designated at fair value through profit or loss Securities 2 – 4,832 – 4,832 – 4,739 – 4,739 – 4,832 – 4,832 – 4,739 – 4,739 Financial assets at fair value through other comprehensive income Government and government-related securities Canadian government debt Federal – 13,013 – 13,013 – 14,126 – 14,126 Provinces – 17,845 – 17,845 – 16,502 – 16,502 U.S. federal, state, municipal governments, and agencies debt – 25,518 – 25,518 – 33,034 – 33,034 Other OECD government guaranteed debt – 8,131 – 8,131 – 10,756 – 10,756 Mortgage-backed securities – 2,912 – 2,912 – 3,865 – 3,865 Other debt securities Asset-backed securities – 7,657 – 7,657 – 10,006 – 10,006 Corporate and other debt – 8,516 24 8,540 – 9,875 20 9,895 Equity securities Common shares 2,290 1 1,442 3,733 819 15 1,553 2,387 Preferred shares 364 – 37 401 186 – 26 212 Loans – 1,849 – 1,849 – 2,502 – 2,502 2,654 85,442 1,503 89,599 1,005 100,681 1,599 103,285 Securities purchased under reverse repurchase agreements – 8,255 – 8,255 – 7,395 – 7,395 FINANCIAL LIABILITIES Trading deposits – 33,503 176 33,679 – 14,528 4,649 19,177 Derivatives Interest rate contracts 3 13,059 96 13,158 14 19,022 96 19,132 Foreign exchange contracts 35 36,246 – 36,281 14 27,300 – 27,314 Credit contracts – 354 – 354 – 327 – 327 Equity contracts – 6,543 94 6,637 – 3,360 1,077 4,437 Commodity contracts 249 1,337 3 1,589 355 1,611 27 1,993 287 57,539 193 58,019 383 51,620 1,200 53,203 Securitization liabilities at fair value – 13,622 – 13,622 – 13,718 – 13,718 Financial liabilities designated at fair value through profit or loss – 66,203 50 66,253 – 59,641 24 59,665 Obligations related to securities sold short 2 1,118 37,962 – 39,080 1,039 33,960 – 34,999 Obligations related to securities sold under repurchase agreements Held-for-trading – 5,674 – 5,674 – 3,675 – 3,675 Designated at fair value through profit or loss – 805 – 805 – – – – – 6,479 – 6,479 – 3,675 – 3,675 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).

Securities (Tables)

Securities (Tables)	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Summary of Unrealized Gains and Losses	The following table summarizes the unrealized gains and losses as at April 30, 2021 and October 31, 2020. Unrealized Gains (Losses) for Securities at Fair Value Through Other Comprehensive Income (millions of Canadian dollars) As at April 30, 2021 October 31, 2020 Cost/ 1 Gross Gross Fair Cost/ 1 Gross Gross Fair value Government and government-related securities Canadian government debt Federal $ 12,897 $ 122 $ (6 ) $ 13,013 $ 13,967 $ 160 $ (1 ) $ 14,126 Provinces 17,622 244 (21 ) 17,845 16,342 181 (21 ) 16,502 U.S. federal, state, municipal governments, and agencies debt 25,372 151 (5 ) 25,518 32,875 192 (33 ) 33,034 Other OECD government guaranteed debt 8,109 25 (3 ) 8,131 10,720 39 (3 ) 10,756 Mortgage-backed securities 2,906 6 – 2,912 3,855 11 (1 ) 3,865 66,906 548 (35 ) 67,419 77,759 583 (59 ) 78,283 Other debt securities Asset-backed securities 7,641 30 (14 ) 7,657 10,051 26 (71 ) 10,006 Corporate and other debt 8,466 82 (8 ) 8,540 9,853 79 (37 ) 9,895 16,107 112 (22 ) 16,197 19,904 105 (108 ) 19,901 Total debt securities 83,013 660 (57 ) 83,616 97,663 688 (167 ) 98,184 Equity securities Common shares 3,677 143 (87 ) 3,733 2,641 26 (280 ) 2,387 Preferred shares 436 12 (47 ) 401 303 – (91 ) 212 4,113 155 (134 ) 4,134 2,944 26 (371 ) 2,599 Total securities at fair value through other comprehensive income $ 87,126 $ 815 $ (191 ) $ 87,750 $ 100,607 $ 714 $ (538 ) $ 100,783 1 Includes the foreign exchange translation of amortized cost balances at the period-end
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 three months ended For the six months ended April 30, 2021 October 31, 2020 April 30, 2021 April 30, 2020 April 30, 2021 April 30, 2020 Fair value Dividend income recognized Dividend income recognized Common shares $ 3,733 $ 2,387 $ 40 $ 24 $ 70 $ 51 Preferred shares 401 212 4 4 7 7 Total $ 4,134 $ 2,599 $ 44 $ 28 $ 77 $ 58
Summary of Securities Net Realized Gains (Losses)	The following table summarizes the net realized gains and losses for the three and six months ended April 30, 2021 and April 30, 2020. Securities Net Realized Gains (Losses) (millions of Canadian dollars) For the three months ended For the six months ended April 30 April 30 April 30 April 30 Debt securities at amortized cost $ (61 ) $ – $ (61 ) $ – Debt securities at fair value through other comprehensive income 14 (12 ) 34 (2 ) Total $ (47 ) $ (12 ) $ (27 ) $ (2 )
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 April 30, 2021 October 31, 2020 Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Debt securities Investment grade $ 297,170 $ – $ n/a $ 297,170 $ 322,842 $ – $ n/a $ 322,842 Non-Investment 2,245 82 n/a 2,327 2,762 244 n/a 3,006 Watch and classified n/a 26 n/a 26 n/a 17 n/a 17 Default n/a n/a – – n/a n/a – – Total debt securities 299,415 108 – 299,523 325,604 261 – 325,865 Allowance for credit losses on debt securities at amortized cost 2 – – 2 2 – – 2 Debt securities, net of allowance $ 299,413 $ 108 $ – $ 299,521 $ 325,602 $ 261 $ – $ 325,863

Loans, Impaired Loans, and Al_2

Loans, Impaired Loans, and Allowance for Credit Losses (Tables)	6 Months Ended
	Apr. 30, 2021
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 table provides the gross carrying amounts of loans 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 April 30, 2021 October 31, 2020 Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Residential mortgages 1,2,3 Low Risk $ 198,153 $ 3,457 $ n/a $ 201,610 $ 169,710 $ 3,125 $ n/a $ 172,835 Normal Risk 37,285 8,309 n/a 45,594 56,663 9,938 n/a 66,601 Medium Risk – 5,115 n/a 5,115 – 7,690 n/a 7,690 High Risk – 3,141 275 3,416 – 4,120 443 4,563 Default n/a n/a 542 542 n/a n/a 530 530 Total 235,438 20,022 817 256,277 226,373 24,873 973 252,219 Allowance for loan losses 23 166 56 245 32 205 65 302 Loans, net of allowance 235,415 19,856 761 256,032 226,341 24,668 908 251,917 Consumer instalment and other personal 4 Low Risk 88,019 1,219 n/a 89,238 77,178 1,199 n/a 78,377 Normal Risk 57,593 830 n/a 58,423 59,349 1,360 n/a 60,709 Medium Risk 22,633 4,017 n/a 26,650 28,094 3,631 n/a 31,725 High Risk 1,666 7,626 407 9,699 3,700 9,940 638 14,278 Default n/a n/a 456 456 n/a n/a 371 371 Total 169,911 13,692 863 184,466 168,321 16,130 1,009 185,460 Allowance for loan losses 562 994 147 1,703 567 1,265 187 2,019 Loans, net of allowance 169,349 12,698 716 182,763 167,754 14,865 822 183,441 Credit card Low Risk 4,165 – n/a 4,165 3,916 49 n/a 3,965 Normal Risk 8,978 47 n/a 9,025 7,027 129 n/a 7,156 Medium Risk 9,186 945 n/a 10,131 10,431 804 n/a 11,235 High Risk 606 5,106 177 5,889 3,493 6,180 206 9,879 Default n/a n/a 71 71 n/a n/a 99 99 Total 22,935 6,098 248 29,281 24,867 7,162 305 32,334 Allowance for loan losses 665 1,191 194 2,050 624 1,726 204 2,554 Loans, net of allowance 22,270 4,907 54 27,231 24,243 5,436 101 29,780 Business and government 1,2,3,5,6 Investment grade or Low/Normal Risk 113,366 394 n/a 113,760 120,106 250 n/a 120,356 Non-Investment 124,512 12,939 n/a 137,451 126,509 11,818 n/a 138,327 Watch and classified or High Risk 777 13,289 89 14,155 890 12,567 120 13,577 Default n/a n/a 963 963 n/a n/a 982 982 Total 238,655 26,622 1,052 266,329 247,505 24,635 1,102 273,242 Allowance for loan and acceptances losses 1,118 1,540 343 3,001 1,321 1,706 388 3,415 Loans and acceptances, net of allowance 237,537 25,082 709 263,328 246,184 22,929 714 269,827 Total loans and acceptances 5,7 666,939 66,434 2,980 736,353 667,066 72,800 3,389 743,255 Total Allowance for loan losses 7,8 2,368 3,891 740 6,999 2,544 4,902 844 8,290 Total loans and acceptances, net of allowance 5,7 $ 664,571 $ 62,543 $ 2,240 $ 729,354 $ 664,522 $ 67,898 $ 2,545 $ 734,965 1 As at April 30, 2021, impaired loans with a balance of $122 million (October 31, 2020 – $111 million) did not have a related allowance for loan losses, as the realizable value of the collateral exceeded the loan amount. 2 As at April 30, 2021, excludes trading loans and non-trading 3 As at April 30, 2021, includes insured mortgages of $84 billion (October 31, 2020 – $86 billion). 4 As at April 30, 2021, includes Canadian government-insured real estate personal loans of $11 billion (October 31, 2020 – $12 billion). 5 As at April 30, 2021, includes loans that are measured at FVOCI of $2 billion (October 31, 2020 – $3 billion) and customers’ liability under acceptances of $19 billion (October 31, 2020 – $15 billion). 6 As at April 30, 2021, includes loans guaranteed by government agencies of $26 billion (October 31, 2020 – $27 billion), which are primarily classified in Non-Investment 7 As at April 30, 2021, Stage 3 includes acquired credit-impaired (ACI) loans of $177 million (October 31, 2020 – $232 million) and a related allowance for loan losses of $6 million (October 31, 2020 – $10 million), which have been included in the “Default” risk rating category as they were impaired at acquisition. 8 Includes allowance for loan losses related to loans that are measured at FVOCI of $1 million as at April 30, 2021 (October 31, 2020 – $1 million). Loans and Acceptances by Risk Ratings – Off-Balance Sheet Credit Instruments 1 (millions of Canadian dollars) As at April 30, 2021 October 31, 2020 Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Retail Exposures 2 Low Risk $ 215,718 $ 170 $ n/a $ 215,888 $ 200,226 $ 724 $ n/a $ 200,950 Normal Risk 79,318 389 n/a 79,707 78,448 1,124 n/a 79,572 Medium Risk 14,973 503 n/a 15,476 35,187 1,444 n/a 36,631 High Risk 925 1,312 – 2,237 2,004 3,025 – 5,029 Default n/a n/a – – n/a n/a – – Non-Retail 3 Investment grade 192,349 – n/a 192,349 194,182 – n/a 194,182 Non-Investment 75,381 5,207 n/a 80,588 76,280 6,553 n/a 82,833 Watch and classified 38 5,718 – 5,756 18 4,416 – 4,434 Default n/a n/a 210 210 n/a n/a 144 144 Total off-balance 578,702 13,299 210 592,211 586,345 17,286 144 603,775 Allowance for off-balance 381 563 26 970 381 672 34 1,087 Total off-balance $ 578,321 $ 12,736 $ 184 $ 591,241 $ 585,964 $ 16,614 $ 110 $ 602,688 1 Exclude mortgage commitments. 2 As at April 30, 2021, includes $312 billion (October 31, 2020 – $321 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 April 30, 2021, includes $47 billion (October 31, 2020 – $43 billion) of the undrawn component of uncommitted credit and liquidity facilities.
Summary of Allowance for Credit Losses	The changes to the Bank’s allowance for loan losses, as at and for the three and six months ended April 30, 2021 and April 30, 2020, are shown in the following tables. Allowance for Loan Losses (millions of Canadian dollars) For the three months ended April 30, 2021 April 30, 2020 Stage 1 Stage 2 Stage 3 1 Total Stage 1 Stage 2 Stage 3 1 Total Residential Mortgages Balance at beginning of period $ 26 $ 214 $ 61 $ 301 $ 30 $ 28 $ 56 $ 114 Provision for credit losses Transfer to Stage 1 2 36 (35 ) (1 ) – 4 (4 ) – – Transfer to Stage 2 (6 ) 12 (6 ) – (3 ) 6 (3 ) – Transfer to Stage 3 – (3 ) 3 – – (3 ) 3 – Net remeasurement due to transfers into stage 3 (7 ) 2 – (5 ) (2 ) 4 – 2 New originations or purchases 4 2 n/a n/a 2 4 n/a n/a 4 Net repayments 5 (1 ) (1 ) – (2 ) – – – – Derecognition of financial assets (excluding disposals and write-offs) 6 (3 ) (11 ) (35 ) (49 ) (1 ) (1 ) (5 ) (7 ) Changes to risk, parameters, and models 7 (24 ) (10 ) 39 5 3 25 14 42 Disposals – – – – – – – – Write-offs – – (4 ) (4 ) – – (9 ) (9 ) Recoveries – – 1 1 – – 1 1 Foreign exchange and other adjustments – (2 ) (2 ) (4 ) 2 1 2 5 Balance at end of period $ 23 $ 166 $ 56 $ 245 $ 37 $ 56 $ 59 $ 152 Consumer Instalment and Other Personal Balance, including off-balance $ 529 $ 1,333 $ 176 $ 2,038 $ 728 $ 440 $ 185 $ 1,353 Provision for credit losses Transfer to Stage 1 2 364 (362 ) (2 ) – 50 (45 ) (5 ) – Transfer to Stage 2 (24 ) 39 (15 ) – (136 ) 151 (15 ) – Transfer to Stage 3 (3 ) (53 ) 56 – (4 ) (40 ) 44 – Net remeasurement due to transfers into stage 3 (108 ) 30 3 (75 ) (20 ) 167 4 151 New originations or purchases 4 55 n/a n/a 55 99 n/a n/a 99 Net repayments 5 (25 ) (27 ) (5 ) (57 ) (20 ) (14 ) (3 ) (37 ) Derecognition of financial assets (excluding disposals and write-offs) 6 (19 ) (41 ) (12 ) (72 ) (22 ) (10 ) (6 ) (38 ) Changes to risk, parameters, and models 7 (171 ) 181 91 101 171 203 297 671 Disposals – – – – – – – – Write-offs – – (233 ) (233 ) – – (346 ) (346 ) Recoveries – – 91 91 – – 58 58 Foreign exchange and other adjustments (11 ) (18 ) (3 ) (32 ) 17 8 3 28 Balance, including off-balance 587 1,082 147 1,816 863 860 216 1,939 Less: Allowance for off-balance 8 25 88 – 113 30 55 – 85 Balance at end of period $ 562 $ 994 $ 147 $ 1,703 $ 833 $ 805 $ 216 $ 1,854 Credit Card 9 Balance, including off-balance $ 842 $ 1,867 $ 222 $ 2,931 $ 952 $ 728 $ 367 $ 2,047 Provision for credit losses Transfer to Stage 1 2 385 (380 ) (5 ) – 136 (130 ) (6 ) – Transfer to Stage 2 (41 ) 55 (14 ) – (156 ) 172 (16 ) – Transfer to Stage 3 (2 ) (175 ) 177 – (2 ) (134 ) 136 – Net remeasurement due to transfers into stage 3 (118 ) 70 3 (45 ) (48 ) 241 3 196 New originations or purchases 4 26 n/a n/a 26 55 n/a n/a 55 Net repayments 5 (52 ) (7 ) 6 (53 ) (18 ) 2 9 (7 ) Derecognition of financial assets (excluding disposals and write-offs) 6 (12 ) (36 ) (54 ) (102 ) (29 ) (33 ) (62 ) (124 ) Changes to risk, parameters, and models 7 (152 ) 166 65 79 205 667 304 1,176 Disposals – – – – – – – – Write-offs – – (288 ) (288 ) – – (486 ) (486 ) Recoveries – – 89 89 – – 78 78 Foreign exchange and other adjustments (24 ) (43 ) (7 ) (74 ) 32 17 16 65 Balance, including off-balance 852 1,517 194 2,563 1,127 1,530 343 3,000 Less: Allowance for off-balance 8 187 326 – 513 250 360 – 610 Balance at end of period $ 665 $ 1,191 $ 194 $ 2,050 $ 877 $ 1,170 $ 343 $ 2,390 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., Probability of Default (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 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 of the Bank’s 2020 Annual Consolidated Financial Statements for further details. Allowance for Loan Losses (Continued) (millions of Canadian dollars) For the three months ended April 30, 2021 April 30, 2020 Stage 1 Stage 2 Stage 3 1 Total Stage 1 Stage 2 Stage 3 1 Total Business and Government 2 Balance, including off-balance $ 1,450 $ 1,877 $ 340 $ 3,667 $ 756 $ 735 $ 291 $ 1,782 Provision for credit losses Transfer to Stage 1 3 127 (125 ) (2 ) – 36 (35 ) (1 ) – Transfer to Stage 2 (124 ) 127 (3 ) – (113 ) 116 (3 ) – Transfer to Stage 3 – (38 ) 38 – (1 ) (17 ) 18 – Net remeasurement due to transfers into stage 3 (31 ) 40 – 9 (14 ) 67 (1 ) 52 New originations or purchases 3 239 n/a n/a 239 209 n/a n/a 209 Net repayments 3 (13 ) (62 ) (18 ) (93 ) (4 ) (11 ) (10 ) (25 ) Derecognition of financial assets (excluding disposals and write-offs) 3 (181 ) (186 ) (112 ) (479 ) (86 ) (51 ) (79 ) (216 ) Changes to risk, parameters, and models 3 (143 ) 101 184 142 294 362 350 1,006 Disposals – – – – – – – – Write-offs – – (60 ) (60 ) – – (58 ) (58 ) Recoveries – – 11 11 – – 11 11 Foreign exchange and other adjustments (37 ) (45 ) (9 ) (91 ) 28 25 11 64 Balance, including off-balance 1,287 1,689 369 3,345 1,105 1,191 529 2,825 Less: Allowance for off-balance 4 169 149 26 344 127 123 46 296 Balance at end of period 1,118 1,540 343 3,001 978 1,068 483 2,529 Total Allowance, including off-balance 2,749 4,454 766 7,969 3,132 3,637 1,147 7,916 Less: Total Allowance for off-balance 381 563 26 970 407 538 46 991 Total Allowance for Loan Losses at end of period 5 $ 2,368 $ 3,891 $ 740 $ 6,999 $ 2,725 $ 3,099 $ 1,101 $ 6,925 1 Includes allowance for loan losses related to ACI loans. 2 Includes 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 5 Includes allowance for loan losses related to loans that are measured at FVOCI of $1 million as at April 30, 2021 (April 30, 2020 – nil). Allowance for Loan Losses (millions of Canadian dollars) For the six months ended April 30, 2021 April 30, 2020 Stage 1 Stage 2 Stage 3 1 Total Stage 1 Stage 2 Stage 3 1 Total Residential Mortgages Balance at beginning of period $ 32 $ 205 $ 65 $ 302 $ 28 $ 26 $ 56 $ 110 Provision for credit losses Transfer to Stage 1 2 52 (51 ) (1 ) – 10 (10 ) – – Transfer to Stage 2 (18 ) 29 (11 ) – (4 ) 10 (6 ) – Transfer to Stage 3 – (7 ) 7 – – (6 ) 6 – Net remeasurement due to transfers into stage 3 (10 ) 5 – (5 ) (5 ) 6 – 1 New originations or purchases 4 5 n/a n/a 5 9 n/a n/a 9 Net repayments 5 (4 ) (2 ) – (6 ) – – – – Derecognition of financial assets (excluding disposals and write-offs) 6 (4 ) (19 ) (40 ) (63 ) (2 ) (2 ) (10 ) (14 ) Changes to risk, parameters, and models 7 (28 ) 12 42 26 (1 ) 31 25 55 Disposals – – – – – – – – Write-offs – – (8 ) (8 ) – – (16 ) (16 ) Recoveries 1 (3 ) 4 2 – – 2 2 Foreign exchange and other adjustments (3 ) (3 ) (2 ) (8 ) 2 1 2 5 Balance at end of period $ 23 $ 166 $ 56 $ 245 $ 37 $ 56 $ 59 $ 152 Consumer Instalment and Other Personal Balance, including off-balance $ 595 $ 1,330 $ 187 $ 2,112 $ 717 $ 417 $ 175 $ 1,309 Provision for credit losses Transfer to Stage 1 2 633 (628 ) (5 ) – 134 (123 ) (11 ) – Transfer to Stage 2 (67 ) 98 (31 ) – (172 ) 199 (27 ) – Transfer to Stage 3 (5 ) (105 ) 110 – (7 ) (76 ) 83 – Net remeasurement due to transfers into stage 3 (210 ) 79 4 (127 ) (55 ) 210 7 162 New originations or purchases 4 106 n/a n/a 106 177 n/a n/a 177 Net repayments 5 (50 ) (54 ) (8 ) (112 ) (44 ) (22 ) (6 ) (72 ) Derecognition of financial assets (excluding disposals and write-offs) 6 (40 ) (79 ) (19 ) (138 ) (43 ) (21 ) (11 ) (75 ) Changes to risk, parameters, and models 7 (352 ) 481 245 374 138 267 553 958 Disposals – – – – – – – – Write-offs – – (491 ) (491 ) – – (688 ) (688 ) Recoveries – – 166 166 – – 137 137 Foreign exchange and other adjustments (23 ) (40 ) (11 ) (74 ) 18 9 4 31 Balance, including off-balance 587 1,082 147 1,816 863 860 216 1,939 Less: Allowance for off-balance 8 25 88 – 113 30 55 – 85 Balance at end of period $ 562 $ 994 $ 147 $ 1,703 $ 833 $ 805 $ 216 $ 1,854 Credit Card 9 Balance, including off-balance $ 799 $ 2,181 $ 204 $ 3,184 $ 934 $ 673 $ 322 $ 1,929 Provision for credit losses Transfer to Stage 1 2 763 (753 ) (10 ) – 297 (285 ) (12 ) – Transfer to Stage 2 (83 ) 112 (29 ) – (211 ) 240 (29 ) – Transfer to Stage 3 (4 ) (355 ) 359 – (10 ) (267 ) 277 – Net remeasurement due to transfers into stage 3 (279 ) 132 5 (142 ) (110 ) 325 15 230 New originations or purchases 4 53 n/a n/a 53 90 n/a n/a 90 Net repayments 5 (61 ) (9 ) 12 (58 ) 52 9 21 82 Derecognition of financial assets (excluding disposals and write-offs) 6 (24 ) (72 ) (99 ) (195 ) (54 ) (62 ) (165 ) (281 ) Changes to risk, parameters, and models 7 (267 ) 382 180 295 104 877 673 1,654 Disposals – – – – – – – – Write-offs – – (570 ) (570 ) – – (938 ) (938 ) Recoveries – – 156 156 – – 162 162 Foreign exchange and other adjustments (45 ) (101 ) (14 ) (160 ) 35 20 17 72 Balance, including off-balance 852 1,517 194 2,563 1,127 1,530 343 3,000 Less: Allowance for off-balance 8 187 326 – 513 250 360 – 610 Balance at end of period $ 665 $ 1,191 $ 194 $ 2,050 $ 877 $ 1,170 $ 343 $ 2,390 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 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 of the Bank’s 2020 Annual Consolidated Financial Statements for further details. Allowance for Loan Losses (Continued) (millions of Canadian dollars) For the six months ended April 30, 2021 April 30, 2020 Stage 1 Stage 2 Stage 3 1 Total Stage 1 Stage 2 Stage 3 1 Total Business and Government 2 Balance, including off-balance $ 1,499 $ 1,858 $ 422 $ 3,779 $ 736 $ 740 $ 208 $ 1,684 Provision for credit losses Transfer to Stage 1 3 230 (227 ) (3 ) – 78 (76 ) (2 ) – Transfer to Stage 2 (262 ) 269 (7 ) – (137 ) 145 (8 ) – Transfer to Stage 3 (3 ) (65 ) 68 – (10 ) (77 ) 87 – Net remeasurement due to transfers into stage 3 (57 ) 77 (2 ) 18 (32 ) 101 (4 ) 65 New originations or purchases 3 561 n/a n/a 561 319 n/a n/a 319 Net repayments 3 (6 ) (69 ) (67 ) (142 ) (12 ) (19 ) (18 ) (49 ) Derecognition of financial assets (excluding disposals and write-offs) 3 (380 ) (368 ) (174 ) (922 ) (167 ) (160 ) (119 ) (446 ) Changes to risk, parameters, and models 3 (216 ) 305 321 410 300 509 454 1,263 Disposals – – – – – – – – Write-offs – – (191 ) (191 ) – – (105 ) (105 ) Recoveries – – 25 25 – – 29 29 Foreign exchange and other adjustments (79 ) (91 ) (23 ) (193 ) 30 28 7 65 Balance, including off-balance 1,287 1,689 369 3,345 1,105 1,191 529 2,825 Less: Allowance for off-balance 4 169 149 26 344 127 123 46 296 Balance at end of period 1,118 1,540 343 3,001 978 1,068 483 2,529 Total Allowance, including off-balance 2,749 4,454 766 7,969 3,132 3,637 1,147 7,916 Less: Total Allowance for off-balance 381 563 26 970 407 538 46 991 Total Allowance for Loan Losses at end of period 5 $ 2,368 $ 3,891 $ 740 $ 6,999 $ 2,725 $ 3,099 $ 1,101 $ 6,925 1 Includes allowance for loan losses related to ACI loans. 2 Includes 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 5 Includes allowance for loan losses related to loans that are measured at FVOCI of $1 million as at April 30, 2021 (April 30, 2020 – nil).
Summary of Macroeconomic Variables Impacted in Determining ECLs	Macroeconomic Variables Base Forecast Upside Scenario Downside Scenario Calendar Quarters 1 Average Q2 2021- Q1 2022 2 Remaining 4-year period 2 Average Q2 2021- 2 Remaining 4-year period 2 Average Q2 2021- Q1 2022 2 Remaining 4-year period 2 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Unemployment rate Canada 7.6 % 6.6 % 6.3 % 6.2 % 6.7 % 5.9 % 6.3 % 5.6 % 7.2 % 6.4 % United States 5.9 5.5 5.0 4.5 5.2 3.9 4.7 3.8 5.8 4.5 Real GDP Canada 5.5 6.1 4.5 3.9 7.6 2.0 9.1 1.9 5.0 2.5 United States 7.0 6.8 5.1 4.1 7.3 2.3 9.0 2.1 4.7 2.8 Home prices Canada (average existing price) 3 12.5 (1.7 ) (3.4 ) (6.3 ) 15.8 (0.8 ) 17.7 (0.7 ) 13.2 (0.6 ) United States (CoreLogic HPI) 4 6.5 5.5 5.0 4.5 7.7 3.4 9.8 3.3 5.2 3.6 Central bank policy interest rate Canada 0.25 0.25 0.25 0.25 0.25 0.72 0.25 0.91 0.25 0.56 United States 0.25 0.25 0.25 0.25 0.25 0.81 0.25 1.02 0.25 0.64 U.S. 10-year 1.58 1.63 1.68 1.73 1.66 2.07 1.83 2.50 1.47 1.92 U.S. 10-year (%-pts) 1.40 1.55 1.70 1.80 1.61 1.80 1.52 1.76 1.78 1.82 Exchange rate (U.S. dollar/Canadian dollar) $ 0.80 $ 0.81 $ 0.81 $ 0.81 $ 0.81 $ 0.79 $ 0.83 $ 0.81 $ 0.78 $ 0.76 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 (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 non-linearity Change from Base to Probability-Weighted ECLs (millions of Canadian dollars, except as noted) As at April 30, 2021 October 31, 2020 Probability-weighted ECLs $ 7,203 $ 8,500 Base ECLs 7,174 8,157 Difference – in amount $ 29 $ 343 Difference – in percentage 0.4 % 4.0 %
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 twelve-month Incremental Lifetime ECLs Impact (millions of Canadian dollars) As at April 30, 2021 October 31, 2020 Aggregate Stage 1 and 2 probability-weighted ECLs $ 7,203 $ 8,500 All performing loans and off-balance 12-month 5,363 6,482 Incremental lifetime ECLs impact $ 1,840 $ 2,018
Summary of Loans Past Due but Not Impaired	The following table summarizes loans that are past due but not impaired. Loans less than 31 days contractually past due are excluded as they do not generally reflect a borrower’s ability to meet their payment obligations. Loans Past Due but not Impaired 1,2,3 (millions of Canadian dollars) As at April 30, 2021 October 31, 2020 31-60 days 61-89 days Total 31-60 days 61-89 days Total Residential mortgages $ 215 $ 81 $ 296 $ 221 $ 64 $ 285 Consumer instalment and other personal 383 153 536 590 200 790 Credit card 145 106 251 218 149 367 Business and government 648 187 835 723 329 1,052 Total $ 1,391 $ 527 $ 1,918 $ 1,752 $ 742 $ 2,494 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current period. 2 Includes loans that are measured at FVOCI. 3 Loans deferred under a bank-led COVID-19

Investment in Associates and _2

Investment in Associates and Joint Ventures (Tables)	6 Months Ended
	Apr. 30, 2021
Charles Schwab Corporation [member]
Statement [Line Items]
Summary of Condensed Financial Statements	The condensed financial statements of Schwab, based on its consolidated financial statements converted into Canadian dollars, are included in the following tables. Condensed Consolidated Balance Sheet (millions of Canadian dollars) As at March 31 Assets Receivables from brokerage clients, net $ 91,831 Available for sale securities 420,377 Other assets 180,365 Total assets $ 692,573 Liabilities Bank deposits $ 454,660 Payables to brokerage clients 124,561 Other liabilities 45,019 Total liabilities 624,240 Stockholders’ equity 1 68,333 Total liabilities and stockholders’ equity $ 692,573 1 The difference between the carrying value of the Bank’s investment in Schwab and the Bank’s share of Schwab’s stockholders’ equity is comprised of goodwill, other intangibles, and cumulative translation adjustment. Condensed Consolidated Statement of Income (millions of Canadian dollars, except as noted) For the three months ended For the six months ended March 31, 2021 March 31, 2021 Net Revenues Net interest revenue $2,420 $4,777 Asset management and administration fees 1,287 2,573 Trading revenue and other 2,265 4,063 Total net revenues 5,972 11,413 Expenses Excluding Interest Compensation and benefits 1,811 3,633 Other 1,678 3,375 Total expenses excluding interest 3,489 7,008 Income before taxes on income 2,483 4,405 Taxes on income 603 1,047 Net income 1,880 3,358 Preferred stock dividends and other 122 233 Net Income available to common stockholders 1 1,758 3,125 Other comprehensive income (loss) (5,720 ) (6,100 ) Total comprehensive income $(3,962 ) $(2,975 ) Earnings per common shares outstanding – basic (Canadian dollars) $0.93 $1.67 Earnings per common shares outstanding – diluted (Canadian dollars) 0.93 1.67 1 The Bank’s share of net income from the investment in Schwab is based on the published consolidated financial statements of Schwab after converting into Canadian dollars and is subject to adjustments relating to the amortization of certain intangibles.

Goodwill (Tables)

Goodwill (Tables)	6 Months Ended
	Apr. 30, 2021
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, 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 Additions (disposals) (3 ) – – (3 ) Foreign currency translation adjustments and other (67 ) (1,098 ) (1 ) (1,166 ) Carrying amount of goodwill as at April 30, 2021 2 $ 2,776 $ 13,044 $ 159 $ 15,979 1 Goodwill predominantly relates to U.S. personal and commercial banking. 2 Accumulated impairment as at April 30, 2021 and October 31, 2020 was nil.

Other Assets (Tables)

Other Assets (Tables)	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Schedule of Other Assets	Other Assets (millions of Canadian dollars) As at April 30 October 31 Accounts receivable and other items $ 9,169 $ 10,799 Accrued interest 2,166 2,336 Current income tax receivable 1,356 2,294 Defined benefit asset 267 9 Insurance-related assets, excluding investments 1,959 2,268 Prepaid expenses 1,146 1,150 Total $ 16,063 $ 18,856

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Summary of Deposit Liabilities	Deposits (millions of Canadian dollars) As at By Type By Country April 30 2021 October 31 Demand Notice Term 1 Canada United International Total Total Personal $ 22,096 $ 549,612 $ 54,754 $ 285,399 $ 341,063 $ – $ 626,462 $ 625,200 Banks 2 14,008 418 11,748 19,850 36 6,288 26,174 28,969 Business and government 3 129,075 198,594 138,183 315,309 145,863 4,680 465,852 481,164 Trading 2 – – 33,679 15,602 4,461 13,616 33,679 19,177 Designated at fair value through profit or loss 2,4 – – 66,195 34,214 29,159 2,822 66,195 59,626 Total $ 165,179 $ 748,624 $ 304,559 $ 670,374 $ 520,582 $ 27,406 $ 1,218,362 $ 1,214,136 Non-interest-bearing In domestic offices $ 65,345 $ 55,920 In foreign offices 78,346 76,099 Interest-bearing deposits included above In domestic offices 605,029 604,625 In foreign offices 469,634 472,913 U.S. federal funds deposited 2 8 4,579 Total 3,5 $ 1,218,362 $ 1,214,136 1 Includes $33.54 billion (October 31, 2020 – $27.58 billion) of senior debt which is subject to the bank recapitalization “bail-in” non-viable. 2 Includes deposits and advances with the Federal Home Loan Bank. 3 As at April 30, 2021, includes $34.6 billion relating to covered bondholders (October 31, 2020 – $40.5 billion) and $1.2 billion (October 31, 2020 – $1.2 billion) due to TD Capital Trust lV. 4 Financial liabilities designated at FVTPL on the Interim Consolidated Balance Sheet consist of deposits designated at FVTPL and $58 million (October 31, 2020 – $39 million) of loan commitments and financial guarantees designated at FVTPL. 5 As at April 30, 2021, includes deposits of $692 billion (October 31, 2020 – $708 billion) denominated in U.S. dollars and $45 billion (October 31, 2020 – $44 billion) denominated in other foreign currencies.

Other Liabilities (Tables)

Other Liabilities (Tables)	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Summary of Other Liabilities	Other Liabilities (millions of Canadian dollars) As at April 30 2021 October 31 2020 Accounts payable, accrued expenses, and other items $ 4,454 $ 6,571 Accrued interest 828 1,142 Accrued salaries and employee benefits 2,966 2,900 Cheques and other items in transit 2,069 2,440 Current income tax payable 142 275 Deferred tax liabilities 265 284 Defined benefit liability 1,819 3,302 Lease liabilities 5,588 6,095 Liabilities related to structured entities 3,991 5,898 Provisions 1,421 1,569 Total $ 23,543 $ 30,476

Equity (Tables)

Equity (Tables)	6 Months Ended
	Apr. 30, 2021
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 three and six months ended April 30, 2021 and April 30, 2020. Common and Preferred Shares Issued and Outstanding and Treasury Shares Held (millions of shares and millions of Canadian dollars) For the three months ended For the six months ended April 30, 2021 April 30, 2020 April 30, 2021 April 30, 2020 Number Amount Number Amount Number Amount Number Amount Common Shares Balance as at beginning of period 1,818.5 $ 22,645 1,810.0 $ 21,773 1,816.1 $ 22,487 1,812.5 $ 21,713 Proceeds from shares issued on exercise of stock options 0.7 44 0.2 12 1.6 90 1.0 53 Shares issued as a result of dividend reinvestment plan 1.2 101 1.3 74 2.7 213 2.2 143 Purchase of shares for cancellation and other – – (7.8 ) (93 ) – – (12.0 ) (143 ) Balance as at end of period 1,820.4 $ 22,790 1,803.7 $ 21,766 1,820.4 $ 22,790 1,803.7 $ 21,766 Preferred Shares – Class A Balance as at beginning of period 226.0 $ 5,650 232.0 $ 5,800 226.0 $ 5,650 232.0 $ 5,800 Redemption of shares 1 (28.0 ) (700 ) – – (28.0 ) (700 ) – – Balance as at end of period 198.0 $ 4,950 232.0 $ 5,800 198.0 $ 4,950 232.0 $ 5,800 Treasury shares – common 2 Balance as at beginning of period 2.5 $ (171 ) 1.8 $ (131 ) 0.5 $ (37 ) 0.6 $ (41 ) Purchase of shares 33.4 (2,688 ) 38.1 (2,359 ) 78.1 (5,833 ) 68.6 (4,635 ) Sale of shares (34.2 ) 2,736 (39.6 ) 2,465 (76.9 ) 5,747 (68.9 ) 4,651 Balance as at end of period 1.7 $ (123 ) 0.3 $ (25 ) 1.7 $ (123 ) 0.3 $ (25 ) Treasury shares – preferred 2 Balance as at beginning of period 0.2 $ (4 ) 0.3 $ (7 ) 0.1 $ (4 ) 0.3 $ (6 ) Purchase of shares 1.8 (45 ) 1.8 (31 ) 3.3 (79 ) 3.6 (69 ) Sale of shares (1.8 ) 44 (1.9 ) 35 (3.2 ) 78 (3.7 ) 72 Balance as at end of period 0.2 $ (5 ) 0.2 $ (3 ) 0.2 $ (5 ) 0.2 $ (3 ) 1 On April 30, 2021, the Bank redeemed all of its 28 million outstanding Non-Cumulative 5-Year 2 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.

Share-Based Compensation (Table

Share-Based Compensation (Tables)	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
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 six months ended April 30, 2021 and April 30, 2020. Assumptions Used for Estimating the Fair Value of Options 1 (in Canadian dollars, except as noted) For the six months ended April 30 2021 April 30 2020 Risk-free interest rate 0.71 % 1.59 % Option contractual life 10 years 10 years Expected volatility 2 18.50 % 12.90 % Expected dividend yield 3.61 % 3.50 % Exercise price/share price $ 71.88 $ 72.84 1 Prior period disclosure has been updated to align with the current period disclosure. 2 Expected volatility is calculated based on the average daily volatility measured over a historical period.

Employee Benefits (Tables)

Employee Benefits (Tables)	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Summary of Employee Benefit Plans Expenses	The following table summarizes expenses for the Bank’s principal pension and non-pension Defined Benefit Plan Expenses (millions of Canadian dollars) Principal pension plans Principal post-retirement benefit plan Other pension and post-retirement 1 For the three months ended April 30 2021 April 30 2020 April 30 2021 April 30 2020 April 30 2021 April 30 2020 Service cost – benefits earned $ 131 $ 117 $ 3 $ 4 $ 2 $ 2 Net interest cost on net defined benefit liability 6 3 2 4 5 7 Past service cost (credit) – – – – – – Defined benefit administrative expenses 2 3 – – 1 2 Total $ 139 $ 123 $ 5 $ 8 $ 8 $ 11 For the six months ended April 30 2021 April 30 2020 April 30 2021 April 30 2020 April 30 2021 April 30 2020 Service cost – benefits earned $ 261 $ 234 $ 5 $ 8 $ 4 $ 4 Net interest cost on net defined benefit liability 12 7 5 9 10 14 Past service cost (credit) – – – – 1 – Defined benefit administrative expenses 5 5 – – 2 3 Total $ 278 $ 246 $ 10 $ 17 $ 17 $ 21 1 Includes Canada Trust defined benefit pension plan, TD Banknorth defined benefit pension plan, TD Auto Finance retirement plans, and supplemental employee retirement plans. Other employee benefit plans operated by the Bank and certain of its subsidiaries are not considered material for disclosure purposes. 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.
Summary of Expenses for Bank's Defined Contribution Plans	The following table summarizes expenses for the Bank’s defined contribution plans for the three and six months ended April 30, 2021 and April 30, 2020. Defined Contribution Plan Expenses (millions of Canadian dollars) For the three months ended For the six months ended April 30 2021 April 30 2020 April 30 2021 April 30 2020 Defined contribution pension plans 1 $ 42 $ 41 $ 94 $ 85 Government pension plans 2 91 88 211 205 Total $ 133 $ 129 $ 305 $ 290 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 Remeasurement of Defined Benefit Plans	The following table summarizes the remeasurements recognized in other comprehensive income for the Bank’s principal pension and post-retirement defined benefit plans for the three and six months ended April 30, 2021 and April 30, 2020. Remeasurement of Defined Benefit Plans 1,2 ,3 (millions of Canadian dollars) Principal pension plans Principal post-retirement For the three months ended April 30 April 30 April 30 April 30 Actuarial gains (losses) – defined benefit plan obligations $ 1,143 $ 318 $ 38 $ 42 Actuarial gains (losses) – return on plan assets less interest income (85 ) (348 ) – – Total $ 1,058 $ (30 ) $ 38 $ 42 For the six months ended April 30 April 30 April 30 April 30 Actuarial gains (losses) – defined benefit plan obligations $ 1,390 $ (111 ) $ 42 $ 6 Actuarial gains (losses) – return on plan assets less interest income 217 (89 ) – – Total $ 1,607 $ (200 ) $ 42 $ 6 1 Excludes the Canada Trust defined benefit pension plan, TD Banknorth defined benefit pension plan, TD Auto Finance retirement plans, supplemental employee retirement plans, and other employee benefit plans as these plans are not remeasured on a quarterly basis. 2 Changes in discount rates and return on plan assets are reviewed and updated on a quarterly basis. All other assumptions are updated annually. 3 Amounts are presented on a pre-tax

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Summary of Earnings Per Share	The following table presents the Bank’s basic and diluted earnings per share for the three and six months ended April 30, 2021 and April 30, 2020. Basic and Diluted Earnings Per Share (millions of Canadian dollars, except as noted) For the three months ended For the six months ended April 30 April 30 April 30 April 30 Basic earnings per share Net income attributable to common shareholders $ 3,630 $ 1,447 $ 6,842 $ 4,369 Weighted-average number of common shares outstanding (millions) 1,817.4 1,803.0 1,815.7 1,807.0 Basic earnings per share $ 2.00 $ 0.80 $ 3.77 $ 2.42 Diluted earnings per share Net income attributable to common shareholders $ 3,630 $ 1,447 $ 6,842 $ 4,369 Net income available to common shareholders including impact of dilutive securities 3,630 1,447 6,842 4,369 Weighted-average number of common shares outstanding (millions) 1,817.4 1,803.0 1,815.7 1,807.0 Effect of dilutive securities Stock options potentially exercisable (millions) 1 2.5 1.4 2.1 2.0 Weighted-average number of common shares outstanding – diluted (millions) 1,819.9 1,804.4 1,817.8 1,809.0 Diluted earnings per share 1 $ 1.99 $ 0.80 $ 3.76 $ 2.42 1 For the three and six months ended April 30, 2021, no outstanding options were excluded from the computation of diluted earnings per share. For the three and six months ended April 30, 2020, the computation of diluted earnings per share excluded average options outstanding of 7.8 million and 5.3 million, respectively, with a weighted-average exercise price of $70.16 and $71.42, respectively, as the option price was greater than the average market price of the Bank’s common shares.

Segmented Information (Tables)

Segmented Information (Tables)	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Summary of Results by Business Segment	The following table summarizes the segment results for the three and six months ended April 30, 2021 and April 30, 2020. Results by Business Segment 1,2 (millions of Canadian dollars) Canadian Retail U.S. Retail Wholesale Banking 3 Corporate 3 Total For the three months ended April 30 April 30 April 30 April 30 April 30 April 30 April 30 April 30 April 30 April 30 Net interest income $ 2,873 $ 3,002 $ 1,950 $ 2,311 $ 648 $ 493 $ 364 $ 394 $ 5,835 $ 6,200 Non-interest 3,189 3,021 663 491 509 768 32 48 4,393 4,328 Total revenue 6,062 6,023 2,613 2,802 1,157 1,261 396 442 10,228 10,528 Provision for (recovery of) credit losses (37 ) 1,153 (213 ) 1,137 (63 ) 374 (64 ) 554 (377 ) 3,218 Insurance claims and related expenses 441 671 – – – – – – 441 671 Non-interest 2,689 2,588 1,594 1,680 705 616 741 237 5,729 5,121 Income (loss) before income taxes and share of net income from investment in Schwab and TD Ameritrade 2,969 1,611 1,232 (15 ) 515 271 (281 ) (349 ) 4,435 1,518 Provision for (recovery of) income taxes 787 439 162 (117 ) 132 62 (119 ) (134 ) 962 250 Share of net income from investment in Schwab and TD Ameritrade 4,5 – – 246 234 – – (24 ) 13 222 247 Net income (loss) $ 2,182 $ 1,172 $ 1,316 $ 336 $ 383 $ 209 $ (186 ) $ (202 ) $ 3,695 $ 1,515 For the six months ended April 30 April 30 April 30 April 30 April 30 April 30 April 30 April 30 April 30 April 30 Net interest income (loss) $ 5,851 $ 6,169 $ 3,981 $ 4,507 $ 1,309 $ 850 $ 724 $ 843 $ 11,865 $ 12,369 Non-interest 6,556 6,109 1,316 1,197 1,158 1,457 145 5 9,175 8,768 Total revenue 12,407 12,278 5,297 5,704 2,467 2,307 869 848 21,040 21,137 Provision for (recovery of) credit losses 105 1,544 (78 ) 1,456 (43 ) 391 (48 ) 746 (64 ) 4,137 Insurance claims and related expenses 1,221 1,451 – – – – – – 1,221 1,451 Non-interest 5,343 5,224 3,282 3,273 1,416 1,268 1,472 823 11,513 10,588 Income (loss) before income taxes and share of net income from investment in Schwab and TD Ameritrade 5,738 4,059 2,093 975 1,094 648 (555 ) (721 ) 8,370 4,961 Provision for (recovery of) income taxes 1,519 1,098 232 (72 ) 274 158 (236 ) (275 ) 1,789 909 Share of net income from investment in Schwab and TD Ameritrade 4,5 – – 455 435 – – (64 ) 17 391 452 Net income (loss) $ 4,219 $ 2,961 $ 2,316 $ 1,482 $ 820 $ 490 $ (383 ) $ (429 ) $ 6,972 $ 4,504 Total assets $ 486,910 $ 443,828 $ 550,878 $ 536,865 $ 487,415 $ 554,898 $ 143,855 $ 138,154 $ 1,669,058 $ 1,673,745 1 Certain comparative amounts have been reclassified to conform with the presentation adopted in the current period. 2 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 3 Net interest income within Wholesale Banking is calculated on a taxable equivalent basis (TEB). The TEB adjustment reflected in Wholesale Banking is reversed in the Corporate segment. 4 The after-tax 5 The Bank’s share of Schwab’s and TD Ameritrade’s earnings is reported with a one-month

Interest Income and Expense (Ta

Interest Income and Expense (Tables)	6 Months Ended
	Apr. 30, 2021
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 of the 2020 Annual Consolidated Financial Statements for the type of instruments measured at amortized cost and FVOCI. Interest Income and Expense 1 (millions of Canadian dollars) For the three months ended April 30, 2021 April 30, 2020 Interest income Interest expense Interest income Interest expense Measured at amortized cost $ 6,264 $ 873 $ 7,331 $ 1,823 Measured at FVOCI 133 – 636 – 6,397 873 7,967 1,823 Not measured at amortized cost or FVOCI 2 829 518 1,508 1,452 Total $ 7,226 $ 1,391 $ 9,475 $ 3,275 For the six months ended April 30, 2021 April 30, 2020 Interest income Interest expense Interest income Interest expense Measured at amortized cost $ 12,875 $ 1,915 $ 15,288 $ 4,340 Measured at FVOCI 310 – 1,281 – 13,185 1,915 16,569 4,340 Not measured at amortized cost or FVOCI 2 1,651 1,056 3,294 3,154 Total $ 14,836 $ 2,971 $ 19,863 $ 7,494 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current period. 2 Includes interest income, interest expense, and dividend income for financial instruments that are measured or designated at FVTPL and equities designated at FVOCI.

Regulatory Capital (Tables)

Regulatory Capital (Tables)	6 Months Ended
	Apr. 30, 2021
Text Block [Abstract]
Summary of Regulatory Capital Position	The following table summarizes the Bank’s regulatory capital positions as at April 30, 2021 and October 31, 2020. Regulatory Capital Position 1 (millions of Canadian dollars, except as noted) As at April 30 October 31 Capital Common Equity Tier 1 Capital $ 64,628 $ 62,616 Tier 1 Capital 69,887 69,091 Total Capital 81,924 80,021 Risk-weighted assets used in the calculation of capital ratios 455,010 478,909 Capital and leverage ratios Common Equity Tier 1 Capital ratio 14.2 % 13.1 % Tier 1 Capital ratio 15.4 14.4 Total Capital ratio 18.0 16.7 Leverage ratio 4.6 4.5 1 Includes capital adjustments provided by OSFI in response to COVID-19

IFRS 7 - Disclosure - Market Ri

IFRS 7 - Disclosure - Market Risk - Additional Information (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended	12 Months Ended
	Apr. 30, 2021	Jan. 31, 2021	Apr. 30, 2021	Oct. 31, 2020
Market Risk [line items]
Number of trading days used to value current portfolio using market price and rate changes	259 days
Loss trading days	2 days
Positive trading days	97.00%
Percentage of P&C deposits in total funding	75.00%		75.00%
100 bps increase [member]
Market Risk [line items]
EVE Sensitivity	$ (1,510)	$ (1,625)	$ (1,510)	$ (1,876)
Increase (decrease) to economic value of shareholders equity from prior period	(115)
NII Sensitivity	2,101	2,299	2,101	1,926
Increase (decrease) to net interest income from last period	(198)
100 bps decrease [member]
Market Risk [line items]
EVE Sensitivity	329	143	329	277
Increase (decrease) to economic value of shareholders equity from prior period	186
NII Sensitivity	(927)	$ (934)	$ (927)	$ (872)
Increase (decrease) to net interest income from last period	$ (7)

IFRS 7 - Disclosure - Market _2

IFRS 7 - Disclosure - Market Risk - Portfolio Market Risk Measures (Detail) - CAD ($) $ in Millions	3 Months Ended			6 Months Ended
	Apr. 30, 2021	Jan. 31, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Market Risk [line items]
Total VaR (one-day measure)	$ 32.6
Stressed Value-at-Risk (one-day)	36.2
Incremental Risk Capital Charge (one-year)	307.2
Interest rate risk [member]
Market Risk [line items]
Total VaR (one-day measure)	17.5
Credit risk [member]
Market Risk [line items]
Total VaR (one-day measure)	6.9
Equity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	8.7
Currency risk [member]
Market Risk [line items]
Total VaR (one-day measure)	2.7
Commodity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	3.4
Idiosyncratic debt specific risk [member]
Market Risk [line items]
Total VaR (one-day measure)	28
Risk diversification effect [member]
Market Risk [line items]
Total VaR (one-day measure)	(34.6)
Average risk [member]
Market Risk [line items]
Total VaR (one-day measure)	34.4	$ 33.8	$ 51.4	$ 34.1	$ 35.4
Stressed Value-at-Risk (one-day)	35	33.4	76.6	34.2	60.8
Incremental Risk Capital Charge (one-year)	363	356.6	338	359.8	273.9
Average risk [member] | Interest rate risk [member]
Market Risk [line items]
Total VaR (one-day measure)	18.6	21.2	19.7	19.9	16.7
Average risk [member] | Credit risk [member]
Market Risk [line items]
Total VaR (one-day measure)	19.4	24.6	47.9	22	28.7
Average risk [member] | Equity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	10.2	10.1	10.5	10.2	8.7
Average risk [member] | Currency risk [member]
Market Risk [line items]
Total VaR (one-day measure)	2	3	4.8	2.5	4.6
Average risk [member] | Commodity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	4.8	6.3	2.9	5.5	2.4
Average risk [member] | Idiosyncratic debt specific risk [member]
Market Risk [line items]
Total VaR (one-day measure)	31.1	30.8	34.2	31	24.3
Average risk [member] | Risk diversification effect [member]
Market Risk [line items]
Total VaR (one-day measure)	(51.7)	$ (62.2)	$ (68.6)	$ (57)	$ (50)
High risk [member]
Market Risk [line items]
Total VaR (one-day measure)	41.3
Stressed Value-at-Risk (one-day)	39.3
Incremental Risk Capital Charge (one-year)	424.3
High risk [member] | Interest rate risk [member]
Market Risk [line items]
Total VaR (one-day measure)	33.5
High risk [member] | Credit risk [member]
Market Risk [line items]
Total VaR (one-day measure)	34
High risk [member] | Equity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	14.1
High risk [member] | Currency risk [member]
Market Risk [line items]
Total VaR (one-day measure)	3.9
High risk [member] | Commodity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	7.5
High risk [member] | Idiosyncratic debt specific risk [member]
Market Risk [line items]
Total VaR (one-day measure)	37.9
Low risk [member]
Market Risk [line items]
Total VaR (one-day measure)	28.2
Stressed Value-at-Risk (one-day)	28.5
Incremental Risk Capital Charge (one-year)	307.2
Low risk [member] | Interest rate risk [member]
Market Risk [line items]
Total VaR (one-day measure)	11
Low risk [member] | Credit risk [member]
Market Risk [line items]
Total VaR (one-day measure)	5.7
Low risk [member] | Equity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	8.2
Low risk [member] | Currency risk [member]
Market Risk [line items]
Total VaR (one-day measure)	0.8
Low risk [member] | Commodity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	3.2
Low risk [member] | Idiosyncratic debt specific risk [member]
Market Risk [line items]
Total VaR (one-day measure)	$ 26.1

IFRS 7 - Disclosure - Market _3

IFRS 7 - Disclosure - Market Risk - Sensitivity of Pre-Tax Economic Value at Risk by Currency (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended	12 Months Ended
	Apr. 30, 2021	Jan. 31, 2021	Apr. 30, 2021	Oct. 31, 2020
100 bps increase [member]
Structural Interest Rate Sensitivity Measures [line items]
EVE Sensitivity	$ (1,510)	$ (1,625)	$ (1,510)	$ (1,876)
NII Sensitivity	2,101	2,299	2,101	1,926
100 bps decrease [member]
Structural Interest Rate Sensitivity Measures [line items]
EVE Sensitivity	329	143	329	277
NII Sensitivity	$ (927)	$ (934)	(927)	$ (872)
Canada [member] | 100 bps increase [member]
Structural Interest Rate Sensitivity Measures [line items]
EVE Sensitivity			49
NII Sensitivity			1,037
Canada [member] | 100 bps decrease [member]
Structural Interest Rate Sensitivity Measures [line items]
EVE Sensitivity			(189)
NII Sensitivity			(551)
United States [member] | 100 bps increase [member]
Structural Interest Rate Sensitivity Measures [line items]
EVE Sensitivity			(1,559)
NII Sensitivity			1,064
United States [member] | 100 bps decrease [member]
Structural Interest Rate Sensitivity Measures [line items]
EVE Sensitivity			518
NII Sensitivity			$ (376)

IFRS 7 - Disclosure - Liquidity

IFRS 7 - Disclosure - Liquidity Risk - Summary of Liquid Assets by Type and Currency (Detail) - CAD ($) $ in Millions	Apr. 30, 2021	Oct. 31, 2020
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	$ 590,858	$ 608,548
Securities received as collateral from securities financing and derivative transactions	252,765	272,743
Total liquid assets	$ 843,623	$ 881,291
% of total	100.00%	100.00%
Encumbered liquid assets	$ 273,701	$ 300,401
Unencumbered liquid assets	569,922	580,890
Canadian Dollar [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	175,514	211,866
Securities received as collateral from securities financing and derivative transactions	114,181	113,181
Total liquid assets	$ 289,695	$ 325,047
% of total	34.00%	37.00%
Encumbered liquid assets	$ 122,388	$ 130,486
Unencumbered liquid assets	167,307	194,561
Canadian Dollar [member] | Cash and central bank reserves [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	72,909	94,640
Total liquid assets	$ 72,909	$ 94,640
% of total	9.00%	11.00%
Encumbered liquid assets	$ 1,107	$ 1,689
Unencumbered liquid assets	71,802	92,951
Canadian Dollar [member] | Canadian government obligations [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	27,281	39,008
Securities received as collateral from securities financing and derivative transactions	84,610	83,258
Total liquid assets	$ 111,891	$ 122,266
% of total	13.00%	14.00%
Encumbered liquid assets	$ 72,112	$ 80,934
Unencumbered liquid assets	39,779	41,332
Canadian Dollar [member] | National Housing Act mortgage backed securities [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	27,002	30,763
Securities received as collateral from securities financing and derivative transactions	8	23
Total liquid assets	$ 27,010	$ 30,786
% of total	3.00%	3.00%
Encumbered liquid assets	$ 2,358	$ 2,294
Unencumbered liquid assets	24,652	28,492
Canadian Dollar [member] | Provincial government obligations [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	26,160	22,999
Securities received as collateral from securities financing and derivative transactions	23,402	24,441
Total liquid assets	$ 49,562	$ 47,440
% of total	6.00%	6.00%
Encumbered liquid assets	$ 33,328	$ 34,990
Unencumbered liquid assets	16,234	12,450
Canadian Dollar [member] | Corporate issuer obligations [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	8,147	11,310
Securities received as collateral from securities financing and derivative transactions	3,110	2,841
Total liquid assets	$ 11,257	$ 14,151
% of total	1.00%	1.00%
Encumbered liquid assets	$ 2,578	$ 2,331
Unencumbered liquid assets	8,679	11,820
Canadian Dollar [member] | Equities [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	14,015	13,146
Securities received as collateral from securities financing and derivative transactions	3,051	2,618
Total liquid assets	$ 17,066	$ 15,764
% of total	2.00%	2.00%
Encumbered liquid assets	$ 10,905	$ 8,248
Unencumbered liquid assets	6,161	7,516
Other than Canadian dollar [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	415,344	396,682
Securities received as collateral from securities financing and derivative transactions	138,584	159,562
Total liquid assets	$ 553,928	$ 556,244
% of total	66.00%	63.00%
Encumbered liquid assets	$ 151,313	$ 169,915
Unencumbered liquid assets	402,615	386,329
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	113,900	69,183
Total liquid assets	$ 113,900	$ 69,183
% of total	13.00%	8.00%
Encumbered liquid assets	$ 21	$ 51
Unencumbered liquid assets	113,879	69,132
Other than Canadian dollar [member] | Corporate issuer obligations [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	72,718	78,238
Securities received as collateral from securities financing and derivative transactions	2,587	2,108
Total liquid assets	$ 75,305	$ 80,346
% of total	9.00%	9.00%
Encumbered liquid assets	$ 8,551	$ 8,297
Unencumbered liquid assets	66,754	72,049
Other than Canadian dollar [member] | Equities [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	40,151	31,258
Securities received as collateral from securities financing and derivative transactions	32,205	38,684
Total liquid assets	$ 72,356	$ 69,942
% of total	9.00%	8.00%
Encumbered liquid assets	$ 35,182	$ 36,716
Unencumbered liquid assets	37,174	33,226
Other than Canadian dollar [member] | U.S. government obligations [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	56,498	82,701
Securities received as collateral from securities financing and derivative transactions	49,091	53,755
Total liquid assets	$ 105,589	$ 136,456
% of total	13.00%	15.00%
Encumbered liquid assets	$ 46,521	$ 53,585
Unencumbered liquid assets	59,068	82,871
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	68,977	74,131
Securities received as collateral from securities financing and derivative transactions	4,167	9,566
Total liquid assets	$ 73,144	$ 83,697
% of total	9.00%	9.00%
Encumbered liquid assets	$ 14,880	$ 21,495
Unencumbered liquid assets	58,264	62,202
Other than Canadian dollar [member] | Other sovereign obligations [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	63,100	61,171
Securities received as collateral from securities financing and derivative transactions	50,534	55,449
Total liquid assets	$ 113,634	$ 116,620
% of total	13.00%	14.00%
Encumbered liquid assets	$ 46,158	$ 49,771
Unencumbered liquid assets	$ 67,476	$ 66,849

IFRS 7 - Disclosure - Liquidi_2

IFRS 7 - Disclosure - Liquidity Risk - Summary of Unencumbered Liquid Assets by Bank, Subsidiaries, and Branches (Detail) - CAD ($) $ in Millions	Apr. 30, 2021	Oct. 31, 2020
Disclosure Of Unencumbered Assets [line items]
Unencumbered liquid assets	$ 569,922	$ 580,890
Toronto-Dominion Bank [member]
Disclosure Of Unencumbered Assets [line items]
Unencumbered liquid assets	199,967	230,369
Bank subsidiaries [member]
Disclosure Of Unencumbered Assets [line items]
Unencumbered liquid assets	348,044	334,308
Foreign branches [member]
Disclosure Of Unencumbered Assets [line items]
Unencumbered liquid assets	$ 21,911	$ 16,213

IFRS 7 - Disclosure - Liquidi_3

IFRS 7 - Disclosure - Liquidity Risk - Summary Of Deposit Funding (Detail) - CAD ($) $ in Millions	Apr. 30, 2021	Oct. 31, 2020
Disclosure Of Deposits [line items]
Funds from Deposits	$ 958,415	$ 949,281
Canadian Retail [member] | P&C Deposits [member]
Disclosure Of Deposits [line items]
Funds from Deposits	492,396	471,543
U.S. Retail [member] | P&C Deposits [member]
Disclosure Of Deposits [line items]
Funds from Deposits	$ 466,019	$ 477,738

IFRS 7 - Disclosure - Liquidi_4

IFRS 7 - Disclosure - Liquidity Risk - Summary of Remaining Contractual Maturity (Detail) - CAD ($) $ in Millions	Apr. 30, 2021	Jan. 31, 2021	Oct. 31, 2020	Apr. 30, 2020	Feb. 01, 2020	Nov. 01, 2019
ASSETS
Cash and due from banks	$ 5,718	$ 6,250	$ 6,445	$ 5,297	$ 5,073	$ 4,863
Interest-bearing deposits with banks	188,409		164,149
Trading loans, securities, and other	141,490		148,318
Non-trading financial assets at fair value through profit or loss	9,215		8,548
Derivatives	53,621		54,242
Financial assets designated at fair value through profit or loss	4,832		4,739
Financial assets at fair value through other comprehensive income	89,599		103,285
Debt securities at amortized cost, net of allowance for credit losses	215,905		227,679
Securities purchased under reverse repurchase agreements	155,375		169,162
Loans
Residential mortgages	256,277		252,219
Consumer instalment and other personal	184,466		185,460
Credit card	29,281		32,334
Business and government	245,410		255,799
Total loans	715,434		725,812
Allowance for loan losses	(6,998)		(8,289)
Loans, net of allowance for loan losses	708,436		717,523
Customers' liability under acceptances	19,070		14,941
Goodwill	15,979		17,148			$ 16,976
Other intangibles	1,915		2,125
Land, buildings, equipment, and other depreciable assets	9,261		10,136
Deferred tax assets	1,938		2,444
Amounts receivable from brokers, dealers, and clients	21,535		33,951
Other assets	16,063		18,856
Total assets	1,669,058		1,715,865	$ 1,673,745
LIABILITIES
Trading deposits	33,679		19,177
Derivatives	58,019		53,203
Securitization liabilities at fair value	13,622		13,718
Financial liabilities designated at fair value through profit or loss	66,253		59,665
Deposits
Personal	626,462		625,200
Banks	26,174		28,969
Business and government	465,852		481,164
Total deposits	1,118,488		1,135,333
Acceptances	19,070		14,941
Obligations related to securities sold short	39,080		34,999
Obligations related to securities sold under repurchase agreements	148,326		188,876
Securitization liabilities at amortized cost	15,346		15,768
Amounts payable to brokers, dealers, and clients	20,514		35,143
Insurance-related liabilities	7,334		7,590
Other liabilities	23,543		30,476
Subordinated notes and debentures	11,269		11,477
Equity	94,515		95,499
Total liabilities and equity	1,669,058		1,715,865
Off-balance sheet commitments
Total off-balance sheet commitments	266,016		266,867
Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	258,881		260,753
Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	3,289		2,867
Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	3,846		3,247
TD Schwab [member]
Loans
Investment in Schwab	10,697		12,174
Not later than one month [member]
ASSETS
Cash and due from banks	5,709		6,437
Interest-bearing deposits with banks	186,125		161,326
Trading loans, securities, and other	1,945		4,363
Non-trading financial assets at fair value through profit or loss	70		80
Derivatives	7,460		5,299
Financial assets designated at fair value through profit or loss	548		820
Financial assets at fair value through other comprehensive income	1,202		2,501
Debt securities at amortized cost, net of allowance for credit losses	3,944		6,444
Securities purchased under reverse repurchase agreements	97,059		98,721
Loans
Residential mortgages	571		472
Consumer instalment and other personal	810		706
Business and government	23,404		27,193
Total loans	24,785		28,371
Loans, net of allowance for loan losses	24,785		28,371
Customers' liability under acceptances	14,114		12,699
Land, buildings, equipment, and other depreciable assets	1
Amounts receivable from brokers, dealers, and clients	21,535		33,951
Other assets	3,496		3,521
Total assets	367,993		364,533
LIABILITIES
Trading deposits	5,288		1,802
Derivatives	8,800		4,718
Financial liabilities designated at fair value through profit or loss	12,451		18,654
Deposits
Personal	5,742		6,240
Banks	8,793		12,870
Business and government	24,216		25,387
Total deposits	38,751		44,497
Acceptances	14,114		12,699
Obligations related to securities sold short	2,572		698
Obligations related to securities sold under repurchase agreements	119,778		122,433
Amounts payable to brokers, dealers, and clients	20,514		35,143
Insurance-related liabilities	153		306
Other liabilities	5,148		7,672
Total liabilities and equity	227,569		248,622
Off-balance sheet commitments
Total off-balance sheet commitments	18,271		20,548
Not later than one month [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	18,168		19,568
Not later than one month [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	103		77
Not later than one month [member] | Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments			903
Over 1 month to 3 months [member]
ASSETS
Cash and due from banks	9		8
Interest-bearing deposits with banks	571		656
Trading loans, securities, and other	2,513		6,920
Non-trading financial assets at fair value through profit or loss	1,539
Derivatives	7,006		7,167
Financial assets designated at fair value through profit or loss	234		183
Financial assets at fair value through other comprehensive income	5,294		2,799
Debt securities at amortized cost, net of allowance for credit losses	5,191		23,449
Securities purchased under reverse repurchase agreements	31,931		30,246
Loans
Residential mortgages	3,222		2,845
Consumer instalment and other personal	1,666		1,423
Business and government	9,752		4,938
Total loans	14,640		9,206
Loans, net of allowance for loan losses	14,640		9,206
Customers' liability under acceptances	4,906		2,036
Land, buildings, equipment, and other depreciable assets	1		1
Other assets	1,248		1,060
Total assets	75,083		83,731
LIABILITIES
Trading deposits	5,654		2,429
Derivatives	6,865		6,783
Securitization liabilities at fair value	620		608
Financial liabilities designated at fair value through profit or loss	19,487		7,290
Deposits
Personal	10,552		8,996
Banks	2,150		1,592
Business and government	22,871		24,703
Total deposits	35,573		35,291
Acceptances	4,906		2,036
Obligations related to securities sold short	3,406		1,095
Obligations related to securities sold under repurchase agreements	11,063		23,944
Securitization liabilities at amortized cost	422		1,055
Insurance-related liabilities	260		350
Other liabilities	1,257		3,630
Total liabilities and equity	89,513		84,511
Off-balance sheet commitments
Total off-balance sheet commitments	33,989		24,037
Over 1 month to 3 months [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	32,868		23,526
Over 1 month to 3 months [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	113		169
Over 1 month to 3 months [member] | Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	1,008		342
Over 3 months to 6 months [member]
ASSETS
Interest-bearing deposits with banks	185
Trading loans, securities, and other	6,052		7,866
Non-trading financial assets at fair value through profit or loss	277		600
Derivatives	4,764		4,554
Financial assets designated at fair value through profit or loss	252		631
Financial assets at fair value through other comprehensive income	5,781		8,490
Debt securities at amortized cost, net of allowance for credit losses	5,989		16,052
Securities purchased under reverse repurchase agreements	9,562		23,879
Loans
Residential mortgages	8,034		7,286
Consumer instalment and other personal	3,044		3,437
Business and government	9,106		8,973
Total loans	20,184		19,696
Loans, net of allowance for loan losses	20,184		19,696
Customers' liability under acceptances	50		204
Land, buildings, equipment, and other depreciable assets	1		6
Other assets	244		643
Total assets	53,341		82,621
LIABILITIES
Trading deposits	7,194		2,065
Derivatives	4,920		3,997
Securitization liabilities at fair value	344		243
Financial liabilities designated at fair value through profit or loss	14,067		12,563
Deposits
Personal	8,300		9,139
Banks	158		313
Business and government	10,087		24,841
Total deposits	18,545		34,293
Acceptances	50		204
Obligations related to securities sold short	1,030		993
Obligations related to securities sold under repurchase agreements	8,936		30,879
Securitization liabilities at amortized cost	404		221
Insurance-related liabilities	386		382
Other liabilities	1,820		1,744
Total liabilities and equity	57,696		87,584
Off-balance sheet commitments
Total off-balance sheet commitments	20,513		27,468
Over 3 months to 6 months [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	19,949		25,918
Over 3 months to 6 months [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	180		183
Over 3 months to 6 months [member] | Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	384		1,367
Later than six months and not later than nine months [member]
ASSETS
Trading loans, securities, and other	2,276		6,913
Non-trading financial assets at fair value through profit or loss	74		2,271
Derivatives	3,709		2,810
Financial assets designated at fair value through profit or loss	239		234
Financial assets at fair value through other comprehensive income	8,115		6,101
Debt securities at amortized cost, net of allowance for credit losses	5,064		5,855
Securities purchased under reverse repurchase agreements	7,463		11,776
Loans
Residential mortgages	6,632		9,994
Consumer instalment and other personal	2,691		3,941
Business and government	7,432		11,653
Total loans	16,755		25,588
Loans, net of allowance for loan losses	16,755		25,588
Customers' liability under acceptances			2
Land, buildings, equipment, and other depreciable assets	6		91
Other assets	110		2,783
Total assets	43,811		64,424
LIABILITIES
Trading deposits	5,035		3,057
Derivatives	3,957		1,917
Securitization liabilities at fair value	643		652
Financial liabilities designated at fair value through profit or loss	8,664		15,892
Deposits
Personal	6,711		9,550
Banks	272		56
Business and government	6,532		15,274
Total deposits	13,515		24,880
Acceptances			2
Obligations related to securities sold short	630		823
Obligations related to securities sold under repurchase agreements	1,862		1,791
Securitization liabilities at amortized cost	340		422
Insurance-related liabilities	386		316
Other liabilities	1,329		701
Total liabilities and equity	36,361		50,453
Off-balance sheet commitments
Total off-balance sheet commitments	20,873		20,504
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	18,995		20,089
Later than six months and not later than nine months [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	238		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	1,640		227
Later than nine months and not later than one year [member]
ASSETS
Trading loans, securities, and other	4,429		3,867
Non-trading financial assets at fair value through profit or loss	820		69
Derivatives	3,123		2,525
Financial assets designated at fair value through profit or loss	174		107
Financial assets at fair value through other comprehensive income	11,617		4,886
Debt securities at amortized cost, net of allowance for credit losses	6,323		5,498
Securities purchased under reverse repurchase agreements	8,825		4,204
Loans
Residential mortgages	5,786		10,481
Consumer instalment and other personal	2,590		3,893
Business and government	11,053		8,672
Total loans	19,429		23,046
Loans, net of allowance for loan losses	19,429		23,046
Land, buildings, equipment, and other depreciable assets	4		9
Other assets	1,435		470
Total assets	56,179		44,681
LIABILITIES
Trading deposits	3,031		1,639
Derivatives	2,350		2,012
Securitization liabilities at fair value	1,022		345
Financial liabilities designated at fair value through profit or loss	11,452		5,251
Deposits
Personal	7,617		7,288
Banks	100		28
Business and government	7,142		7,214
Total deposits	14,859		14,530
Obligations related to securities sold short	1,995		707
Obligations related to securities sold under repurchase agreements	3,102		4,952
Securitization liabilities at amortized cost	419		404
Insurance-related liabilities	407		305
Other liabilities	553		1,048
Total liabilities and equity	39,190		31,193
Off-balance sheet commitments
Total off-balance sheet commitments	19,369		14,862
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	18,945		14,289
Later than nine months and not later than one year [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	154		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	270		408
Over 1 year to 2 years [member]
ASSETS
Trading loans, securities, and other	9,122		9,732
Non-trading financial assets at fair value through profit or loss	1,296		1,430
Derivatives	6,104		6,314
Financial assets designated at fair value through profit or loss	396		930
Financial assets at fair value through other comprehensive income	6,038		25,305
Debt securities at amortized cost, net of allowance for credit losses	15,800		12,386
Securities purchased under reverse repurchase agreements	96		29
Loans
Residential mortgages	36,782		38,182
Consumer instalment and other personal	14,189		14,594
Business and government	27,185		35,439
Total loans	78,156		88,215
Loans, net of allowance for loan losses	78,156		88,215
Land, buildings, equipment, and other depreciable assets	24		29
Other assets	78		150
Total assets	117,110		144,520
LIABILITIES
Trading deposits	2,823		3,510
Derivatives	6,386		5,438
Securitization liabilities at fair value	2,252		2,495
Financial liabilities designated at fair value through profit or loss	123
Deposits
Personal	8,762		10,095
Banks	2
Business and government	16,927		14,378
Total deposits	25,691		24,473
Obligations related to securities sold short	3,865		4,888
Obligations related to securities sold under repurchase agreements	1,483		4,873
Securitization liabilities at amortized cost	1,872		1,642
Insurance-related liabilities	940		963
Other liabilities	1,676		1,304
Total liabilities and equity	47,111		49,586
Off-balance sheet commitments
Total off-balance sheet commitments	40,396		44,417
Over 1 year to 2 years [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	39,193		43,760
Over 1 year to 2 years [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	659		657
Over 1 year to 2 years [member] | Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	544
Over 2 years to 5 years [member]
ASSETS
Trading loans, securities, and other	27,430		23,624
Non-trading financial assets at fair value through profit or loss	2,288		1,425
Derivatives	10,979		10,004
Financial assets designated at fair value through profit or loss	1,318		1,253
Financial assets at fair value through other comprehensive income	21,902		23,667
Debt securities at amortized cost, net of allowance for credit losses	63,637		62,145
Securities purchased under reverse repurchase agreements	334		307
Loans
Residential mortgages	154,678		138,912
Consumer instalment and other personal	76,050		68,961
Business and government	69,121		70,478
Total loans	299,849		278,351
Loans, net of allowance for loan losses	299,849		278,351
Land, buildings, equipment, and other depreciable assets	324		299
Other assets	115		125
Total assets	428,176		401,200
LIABILITIES
Trading deposits	3,441		3,455
Derivatives	11,635		11,084
Securitization liabilities at fair value	6,235		6,706
Financial liabilities designated at fair value through profit or loss	3		4
Deposits
Personal	7,042		7,923
Banks	2		4
Business and government	45,711		52,852
Total deposits	52,755		60,779
Obligations related to securities sold short	11,758		9,789
Obligations related to securities sold under repurchase agreements	1,380		4
Securitization liabilities at amortized cost	7,747		8,799
Insurance-related liabilities	1,634		1,676
Other liabilities	1,238		1,402
Subordinated notes and debentures	200		200
Total liabilities and equity	98,026		103,898
Off-balance sheet commitments
Total off-balance sheet commitments	106,447		108,826
Over 2 years to 5 years [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	105,515		107,951
Over 2 years to 5 years [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	932		875
Over 5 years [member]
ASSETS
Trading loans, securities, and other	20,615		27,554
Non-trading financial assets at fair value through profit or loss	1,952		1,879
Derivatives	10,476		15,569
Financial assets designated at fair value through profit or loss	1,671		581
Financial assets at fair value through other comprehensive income	25,515		26,957
Debt securities at amortized cost, net of allowance for credit losses	109,959		95,852
Securities purchased under reverse repurchase agreements	105
Loans
Residential mortgages	40,572		44,047
Consumer instalment and other personal	26,778		28,038
Business and government	60,881		65,144
Total loans	128,231		137,229
Loans, net of allowance for loan losses	128,231		137,229
Land, buildings, equipment, and other depreciable assets	3,930		4,384
Other assets	90		171
Total assets	302,544		310,176
LIABILITIES
Trading deposits	1,213		1,220
Derivatives	13,106		17,254
Securitization liabilities at fair value	2,506		2,669
Financial liabilities designated at fair value through profit or loss	6		11
Deposits
Personal	28		37
Banks	3		5
Business and government	4,653		3,386
Total deposits	4,684		3,428
Obligations related to securities sold short	12,700		14,986
Obligations related to securities sold under repurchase agreements	722
Securitization liabilities at amortized cost	4,142		3,225
Insurance-related liabilities	893		1,033
Other liabilities	4,980		5,633
Subordinated notes and debentures	11,069		11,277
Total liabilities and equity	56,021		60,736
Off-balance sheet commitments
Total off-balance sheet commitments	4,951		4,896
Over 5 years [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	4,041		4,343
Over 5 years [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	910		553
No specific maturity [member]
ASSETS
Interest-bearing deposits with banks	1,528		2,167
Trading loans, securities, and other	67,108		57,479
Non-trading financial assets at fair value through profit or loss	899		794
Financial assets at fair value through other comprehensive income	4,135		2,579
Debt securities at amortized cost, net of allowance for credit losses	(2)		(2)
Loans
Consumer instalment and other personal	56,648		60,467
Credit card	29,281		32,334
Business and government	27,476		23,309
Total loans	113,405		116,110
Allowance for loan losses	(6,998)		(8,289)
Loans, net of allowance for loan losses	106,407		107,821
Goodwill	15,979		17,148
Other intangibles	1,915		2,125
Land, buildings, equipment, and other depreciable assets	4,970		5,317
Deferred tax assets	1,938		2,444
Other assets	9,247		9,933
Total assets	224,821		219,979
Deposits
Personal	571,708		565,932
Banks	14,694		14,101
Business and government	327,713		313,129
Total deposits	914,115		893,162
Obligations related to securities sold short	1,124		1,020
Insurance-related liabilities	2,275		2,259
Other liabilities	5,542		7,342
Equity	94,515		95,499
Total liabilities and equity	1,017,571		999,282
Off-balance sheet commitments
Total off-balance sheet commitments	1,207		1,309
No specific maturity [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	1,207		1,309
No specific maturity [member] | TD Schwab [member]
Loans
Investment in Schwab	$ 10,697		$ 12,174

IFRS 7 - Disclosure - Liquidi_5

IFRS 7 - Disclosure - Liquidity Risk - Summary of Remaining Contractual Maturity (Parenthetical) (Detail) - CAD ($) $ in Millions	Apr. 30, 2021	Oct. 31, 2020
Disclosure of assets and liabilities according to their remaining contractual maturities [line items]
Covered bonds	$ 35,000	$ 41,000
Commitments to extend credit to private equity investments	309	290
Over 1 month to 3 months [member]
Disclosure of assets and liabilities according to their remaining contractual maturities [line items]
Covered bonds	5,000	2,000
Over 3 months to 6 months [member]
Disclosure of assets and liabilities according to their remaining contractual maturities [line items]
Covered bonds	4,000	3,000
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	3,000	5,000
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	2,000	4,000
Over 1 year to 2 years [member]
Disclosure of assets and liabilities according to their remaining contractual maturities [line items]
Covered bonds	11,000	9,000
Over 2 years to 5 years [member]
Disclosure of assets and liabilities according to their remaining contractual maturities [line items]
Covered bonds	8,000	16,000
Over 5 years [member]
Disclosure of assets and liabilities according to their remaining contractual maturities [line items]
Covered bonds	$ 2,000	$ 2,000

Current and Future Changes Acco

Current and Future Changes Accounting policies - Summary of Exposures to Interest Rate Benchmarks Subject to IBOR Reform (Detail) - CAD ($) $ in Millions	Apr. 30, 2021	Oct. 31, 2020
Disclosure Of Financial Assets and Financial Liabilities [line items]
Derivatives Positive fair value	$ 53,621	$ 54,242
Derivatives Negative fair value	58,019	$ 53,203
Interest Rate Benchmarks Subject to IBOR Reform [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Non-derivative financial assets	104,291
Non-derivative financial liabilities	1,507
Notional	3,777,915
Derivatives Positive fair value	8,802
Derivatives Negative fair value	11,818
Off-balance sheet commitments	71,318
Interest Rate Benchmarks Subject to IBOR Reform [member] | Cross currency swaps [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Notional	574,570
Derivatives Positive fair value	7,319
Derivatives Negative fair value	9,119
US LIBOR [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Non-derivative financial assets	101,000
US LIBOR [member] | Tenors ceasing 12/31/2021 [member] | Interest Rate Benchmarks Subject to IBOR Reform [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Non-derivative financial assets	1,548
Notional	175
Derivatives Positive fair value	2
Derivatives Negative fair value	16
US LIBOR [member] | Tenors ceasing 6/30/2023 [member] | Interest Rate Benchmarks Subject to IBOR Reform [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Non-derivative financial assets	101,356
Non-derivative financial liabilities	505
Notional	2,544,614
Derivatives Positive fair value	1,131
Derivatives Negative fair value	2,119
Off-balance sheet commitments	70,013
GBP LIBOR [member] | Interest Rate Benchmarks Subject to IBOR Reform [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Non-derivative financial assets	816
Non-derivative financial liabilities	848
Notional	386,367
Derivatives Positive fair value	123
Derivatives Negative fair value	144
Off-balance sheet commitments	1,305
Other IBORs [member] | Interest Rate Benchmarks Subject to IBOR Reform [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Non-derivative financial assets	571
Non-derivative financial liabilities	154
Notional	272,189
Derivatives Positive fair value	227
Derivatives Negative fair value	420
Other IBORs [member] | Interest Rate Benchmarks Subject to IBOR Reform [member] | Cross currency swaps [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Notional	37,376
Derivatives Positive fair value	889
Derivatives Negative fair value	787
IBORs [member] | Interest Rate Benchmarks Subject to IBOR Reform [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Non-derivative financial assets	104,291
Non-derivative financial liabilities	1,507
Notional	3,203,345
Derivatives Positive fair value	1,483
Derivatives Negative fair value	2,699
Off-balance sheet commitments	71,318
US LIBOR And Other Rates [member] | Interest Rate Benchmarks Subject to IBOR Reform [member] | Cross currency swaps [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Notional	371,008
Derivatives Positive fair value	5,457
Derivatives Negative fair value	7,461
US LIBOR And GBP LIBOR [member] | Interest Rate Benchmarks Subject to IBOR Reform [member] | Cross currency swaps [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Notional	132,407
Derivatives Positive fair value	564
Derivatives Negative fair value	536
USLIBORAndJPYLIBOR [member] | Interest Rate Benchmarks Subject to IBOR Reform [member] | Cross currency swaps [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Notional	33,779
Derivatives Positive fair value	409
Derivatives Negative fair value	$ 335

Current and Future Changes Ac_2

Current and Future Changes Accounting policies - Summary of Exposures to Interest Rate Benchmarks Subject to IBOR Reform (Parenthetical) (Detail) $ in Millions	Apr. 30, 2021CAD ($)
EURIBOR [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Notional amount of derivatives	$ 1,642,000
Carrying amounts of non-derivative financial assets	364
Non-derivative financial liabilities	3
US LIBOR [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Carrying amounts of non-derivative financial assets	101,000
US LIBOR [member] | Financial assets at fair value through other comprehensive income, category [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Carrying amounts of non-derivative financial assets	7,000
US LIBOR [member] | Loans [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Carrying amounts of non-derivative financial assets	56,000
US LIBOR [member] | Debt securities at amortized cost [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Carrying amounts of non-derivative financial assets	39,000
US LIBOR [member] | Interest rate risk [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Notional amount of derivatives	164,000
US LIBOR [member] | Foreign exchange risk [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Notional amount of derivatives	17,000
US LIBOR [member] | No maturity [member]
Disclosure Of Financial Assets and Financial Liabilities [line items]
Carrying amounts of non-derivative financial assets	2,000
Non-derivative financial liabilities	$ 1,000

Current and Future Changes Ac_3

Current and Future Changes Accounting policies - Additional Information (Detail) - CAD ($) $ in Millions	3 Months Ended	6 Months Ended
	Apr. 30, 2020	Apr. 30, 2020
Disclosure of detailed information about financial instruments [abstract]
Amounts of loss reclassified from non-interest income to net interest income	$ 260	$ 392

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Liabilities Not Carried at Fair Value (Detail) - CAD ($) $ in Millions	Apr. 30, 2021	Oct. 31, 2020
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	$ 215,905	$ 227,679
Total loans, net of allowance for loan losses	708,436	717,523
FINANCIAL LIABILITIES
Deposits	1,118,488	1,135,333
Securitization liabilities at amortized cost	15,346	15,768
Subordinated notes and debentures	11,269	11,477
Carrying value [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	215,905	227,679
Total loans, net of allowance for loan losses	708,436	717,523
Total financial assets not carried at fair value	924,341	945,202
FINANCIAL LIABILITIES
Deposits	1,118,488	1,135,333
Securitization liabilities at amortized cost	15,346	15,768
Subordinated notes and debentures	11,269	11,477
Total financial liabilities not carried at fair value	1,145,103	1,162,578
Carrying value [member] | Government and government-related securities [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	162,405	174,592
Carrying value [member] | Other debt securities [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses	53,500	53,087
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	216,680	228,873
Total loans, net of allowance for loan losses	715,048	727,197
Total financial assets not carried at fair value	931,728	956,070
FINANCIAL LIABILITIES
Deposits	1,119,182	1,137,624
Securitization liabilities at amortized cost	15,503	16,143
Subordinated notes and debentures	12,130	12,374
Total financial liabilities not carried at fair value	1,146,815	1,166,141
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	162,793	175,500
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	$ 53,887	$ 53,373

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	Apr. 30, 2021	Oct. 31, 2020
Trading loans, securities, and other
Trading loans, securities, and other	$ 141,490	$ 148,318
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	9,215	8,548
Derivatives
Derivative financial assets	53,621	54,242
Financial assets designated at fair value through profit or loss
Financial assets designated at fair value through profit or loss	4,832	4,739
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	89,599	103,285
Securities purchased under reverse repurchase agreements	155,375	169,162
FINANCIAL LIABILITIES
Trading deposits	33,679	19,177
Derivatives
Derivative financial liabilities	58,019	53,203
Securitization liabilities at fair value	13,622	13,718
Financial liabilities designated at fair value through profit or loss	66,253	59,665
Obligations related to securities sold short	39,080	34,999
Obligations related to securities sold under repurchase agreements
Obligations related to securities sold under repurchase agreements	148,326	188,876
Recurring fair value measurement [member]
Trading loans, securities, and other
Trading loans, securities, and other	141,490	148,318
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	9,215	8,548
Derivatives
Derivative financial assets	53,621	54,242
Financial assets designated at fair value through profit or loss
Financial assets designated at fair value through profit or loss	4,832	4,739
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	89,599	103,285
Securities purchased under reverse repurchase agreements	8,255	7,395
FINANCIAL LIABILITIES
Trading deposits	33,679	19,177
Derivatives
Derivative financial liabilities	58,019	53,203
Securitization liabilities at fair value	13,622	13,718
Financial liabilities designated at fair value through profit or loss	66,253	59,665
Obligations related to securities sold short	39,080	34,999
Obligations related to securities sold under repurchase agreements
Obligations related to securities sold under repurchase agreements	6,479	3,675
Recurring fair value measurement [member] | Level 1 of fair value hierarchy [member]
Trading loans, securities, and other
Trading loans, securities, and other	68,829	57,167
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	163	232
Derivatives
Derivative financial assets	416	423
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	2,654	1,005
Derivatives
Derivative financial liabilities	287	383
Obligations related to securities sold short	1,118	1,039
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member]
Trading loans, securities, and other
Trading loans, securities, and other	72,658	91,132
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	8,387	7,742
Derivatives
Derivative financial assets	53,177	53,438
Financial assets designated at fair value through profit or loss
Financial assets designated at fair value through profit or loss	4,832	4,739
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	85,442	100,681
Securities purchased under reverse repurchase agreements	8,255	7,395
FINANCIAL LIABILITIES
Trading deposits	33,503	14,528
Derivatives
Derivative financial liabilities	57,539	51,620
Securitization liabilities at fair value	13,622	13,718
Financial liabilities designated at fair value through profit or loss	66,203	59,641
Obligations related to securities sold short	37,962	33,960
Obligations related to securities sold under repurchase agreements
Obligations related to securities sold under repurchase agreements	6,479	3,675
Recurring fair value measurement [member] | Level 3 of fair value hierarchy [member]
Trading loans, securities, and other
Trading loans, securities, and other	3	19
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	665	574
Derivatives
Derivative financial assets	28	381
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	1,503	1,599
FINANCIAL LIABILITIES
Trading deposits	176	4,649
Derivatives
Derivative financial liabilities	193	1,200
Financial liabilities designated at fair value through profit or loss	50	24
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	13,788	21,492
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	13,013	14,126
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	7,325	8,468
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	17,845	16,502
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	15,028	22,825
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	25,518	33,034
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	5,990	4,563
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	8,131	10,756
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	1,595	1,690
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	2,912	3,865
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	2,047	351
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	11,741	21,141
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	13,013	14,126
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	7,325	8,468
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	17,845	16,502
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	15,028	22,809
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	25,518	33,034
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	5,990	4,563
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	8,131	10,756
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	1,595	1,690
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	2,912	3,865
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	5,553	5,615
Recurring fair value measurement [member] | Other debt securities [member] | Other issuers [member]
Trading loans, securities, and other
Trading loans, securities, and other	12,175	13,353
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	7,657	10,006
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	8,540	9,895
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	5,553	5,613
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	12,172	13,352
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	7,657	10,006
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	8,516	9,875
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
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	3	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	24	20
Recurring fair value measurement [member] | Equity securities [member] | Common shares [member]
Trading loans, securities, and other
Trading loans, securities, and other	54,829	43,842
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	3,733	2,387
Recurring fair value measurement [member] | Equity securities [member] | Preferred shares [member]
Trading loans, securities, and other
Trading loans, securities, and other	38	37
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	401	212
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	54,797	43,803
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	2,290	819
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	38	37
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	364	186
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	32	39
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	1	15
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	1,442	1,553
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	37	26
Recurring fair value measurement [member] | Trading loans [member]
Trading loans, securities, and other
Trading loans, securities, and other	12,759	12,959
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	12,759	12,959
Recurring fair value measurement [member] | Commodities [member]
Trading loans, securities, and other
Trading loans, securities, and other	12,399	13,460
Recurring fair value measurement [member] | Commodities [member] | Level 1 of fair value hierarchy [member]
Trading loans, securities, and other
Trading loans, securities, and other	11,947	12,976
Recurring fair value measurement [member] | Commodities [member] | Level 2 of fair value hierarchy [member]
Trading loans, securities, and other
Trading loans, securities, and other	452	484
Recurring fair value measurement [member] | Retained interests [member]
Trading loans, securities, and other
Trading loans, securities, and other	11	14
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	11	14
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	6,223	4,830
Financial assets designated at fair value through profit or loss
Financial assets designated at fair value through profit or loss	4,832	4,739
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	163	232
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	5,398	4,027
Financial assets designated at fair value through profit or loss
Financial assets designated at fair value through profit or loss	4,832	4,739
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	662	571
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	2,992	3,718
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	1,849	2,502
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	2,989	3,715
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	1,849	2,502
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	3
Recurring fair value measurement [member] | Interest rate contracts [member]
Derivatives
Derivative financial assets	11,852	17,959
Derivatives
Derivative financial liabilities	13,158	19,132
Recurring fair value measurement [member] | Interest rate contracts [member] | Level 1 of fair value hierarchy [member]
Derivatives
Derivative financial assets	6	22
Derivatives
Derivative financial liabilities	3	14
Recurring fair value measurement [member] | Interest rate contracts [member] | Level 2 of fair value hierarchy [member]
Derivatives
Derivative financial assets	11,846	17,937
Derivatives
Derivative financial liabilities	13,059	19,022
Recurring fair value measurement [member] | Interest rate contracts [member] | Level 3 of fair value hierarchy [member]
Derivatives
Derivative financial liabilities	96	96
Recurring fair value measurement [member] | Foreign exchange contracts [member]
Derivatives
Derivative financial assets	35,487	29,620
Derivatives
Derivative financial liabilities	36,281	27,314
Recurring fair value measurement [member] | Foreign exchange contracts [member] | Level 1 of fair value hierarchy [member]
Derivatives
Derivative financial assets	24	13
Derivatives
Derivative financial liabilities	35	14
Recurring fair value measurement [member] | Foreign exchange contracts [member] | Level 2 of fair value hierarchy [member]
Derivatives
Derivative financial assets	35,454	29,605
Derivatives
Derivative financial liabilities	36,246	27,300
Recurring fair value measurement [member] | Foreign exchange contracts [member] | Level 3 of fair value hierarchy [member]
Derivatives
Derivative financial assets	9	2
Recurring fair value measurement [member] | Credit Derivative Contracts [member]
Derivatives
Derivative financial assets	32	19
Derivatives
Derivative financial liabilities	354	327
Recurring fair value measurement [member] | Credit Derivative Contracts [member] | Level 2 of fair value hierarchy [member]
Derivatives
Derivative financial assets	32	19
Derivatives
Derivative financial liabilities	354	327
Recurring fair value measurement [member] | Equity contracts [member]
Derivatives
Derivative financial assets	4,572	4,230
Derivatives
Derivative financial liabilities	6,637	4,437
Recurring fair value measurement [member] | Equity contracts [member] | Level 1 of fair value hierarchy [member]
Derivatives
Derivative financial assets	1	5
Recurring fair value measurement [member] | Equity contracts [member] | Level 2 of fair value hierarchy [member]
Derivatives
Derivative financial assets	4,566	3,855
Derivatives
Derivative financial liabilities	6,543	3,360
Recurring fair value measurement [member] | Equity contracts [member] | Level 3 of fair value hierarchy [member]
Derivatives
Derivative financial assets	5	370
Derivatives
Derivative financial liabilities	94	1,077
Recurring fair value measurement [member] | Commodity contracts [member]
Derivatives
Derivative financial assets	1,678	2,414
Derivatives
Derivative financial liabilities	1,589	1,993
Recurring fair value measurement [member] | Commodity contracts [member] | Level 1 of fair value hierarchy [member]
Derivatives
Derivative financial assets	385	383
Derivatives
Derivative financial liabilities	249	355
Recurring fair value measurement [member] | Commodity contracts [member] | Level 2 of fair value hierarchy [member]
Derivatives
Derivative financial assets	1,279	2,022
Derivatives
Derivative financial liabilities	1,337	1,611
Recurring fair value measurement [member] | Commodity contracts [member] | Level 3 of fair value hierarchy [member]
Derivatives
Derivative financial assets	14	9
Derivatives
Derivative financial liabilities	3	27
Recurring fair value measurement [member] | Held For Trading [member]
Obligations related to securities sold under repurchase agreements
Obligations related to securities sold under repurchase agreements	5,674	3,675
Recurring fair value measurement [member] | Held For Trading [member] | Level 2 of fair value hierarchy [member]
Obligations related to securities sold under repurchase agreements
Obligations related to securities sold under repurchase agreements	5,674	$ 3,675
Recurring fair value measurement [member] | Financial liabilities designated at fair value through profit or loss [member]
Obligations related to securities sold under repurchase agreements
Obligations related to securities sold under repurchase agreements	805
Recurring fair value measurement [member] | Financial liabilities designated at fair value through profit or loss [member] | Level 2 of fair value hierarchy [member]
Obligations related to securities sold under repurchase agreements
Obligations related to securities sold under repurchase agreements	$ 805

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - CAD ($) $ in Millions	3 Months Ended	6 Months Ended
	Apr. 30, 2021	Apr. 30, 2021
Trading deposits [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Transfers out of Level 3 to Level 2	$ 3,635
Netted Derivatives [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Transfers out of Level 3 to Level 2	1,156
Derivatives [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Transfers out of Level 3 to Level 2	625
Transfers out of Level 3 to Level 2	$ 1,781
Debt securities FVOCI [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Transfers out of Level 2 to Level 1		$ 400

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	3 Months Ended		6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Trading deposits [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	$ (5,024)	$ (4,209)	$ (4,649)	$ (4,092)
Total realized and unrealized gains (losses) included in income	(464)	628	(998)	523
Total realized and unrealized gains (losses) included in OCI	0	0	0	0
Movements purchases/Issuances	(5)	(1,083)	(749)	(1,797)
Movements Sales/Settlements	1,682	334	2,592	1,036
Transfer Into Level 3			(7)
Transfers Out of Level 3	3,635	8	3,635	8
Fair value ending balance	(176)	(4,322)	(176)	(4,322)
Change in Unrealized gain (losses) on instruments still held	(21)	573	(24)	494
Derivative financial liabilities [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	(1,159)	(1,128)	(819)	(1,026)
Total realized and unrealized gains (losses) included in income	(292)	423	(711)	276
Total realized and unrealized gains (losses) included in OCI	0	0	0	0
Movements purchases/Issuances	(23)	(27)	(36)	(58)
Movements Sales/Settlements	153	55	237	130
Transfer Into Level 3	1	(1)	8
Transfers Out of Level 3	1,155		1,156
Fair value ending balance	(165)	(678)	(165)	(678)
Change in Unrealized gain (losses) on instruments still held	(238)	436	(632)	294
Derivative financial liabilities [member] | Interest rate contracts [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	(96)	(85)	(96)	(83)
Total realized and unrealized gains (losses) included in income	4	(12)	3	(22)
Total realized and unrealized gains (losses) included in OCI	0	0	0	0
Movements Sales/Settlements	(4)		(3)	8
Fair value ending balance	(96)	(97)	(96)	(97)
Change in Unrealized gain (losses) on instruments still held	6	(10)	7	(15)
Derivative financial liabilities [member] | Foreign exchange contracts [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	5		2	(1)
Total realized and unrealized gains (losses) included in income	5	11	8	10
Total realized and unrealized gains (losses) included in OCI	0	0	0	0
Movements Sales/Settlements		2		3
Transfer Into Level 3				1
Transfers Out of Level 3	(1)		(1)
Fair value ending balance	9	13	9	13
Change in Unrealized gain (losses) on instruments still held	6	11	9	11
Derivative financial liabilities [member] | Equity contracts [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	(1,072)	(1,024)	(707)	(925)
Total realized and unrealized gains (losses) included in income	(310)	490	(749)	357
Total realized and unrealized gains (losses) included in OCI	0	0	0	0
Movements purchases/Issuances	(23)	(27)	(36)	(58)
Movements Sales/Settlements	159	31	239	96
Transfer Into Level 3	1	(1)	8	(1)
Transfers Out of Level 3	1,156		1,156
Fair value ending balance	(89)	(531)	(89)	(531)
Change in Unrealized gain (losses) on instruments still held	(258)	485	(661)	351
Derivative financial liabilities [member] | Commodity contracts [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	4	(19)	(18)	(17)
Total realized and unrealized gains (losses) included in income	9	(66)	27	(69)
Total realized and unrealized gains (losses) included in OCI	0	0	0	0
Movements Sales/Settlements	(2)	22	1	23
Transfers Out of Level 3			1
Fair value ending balance	11	(63)	11	(63)
Change in Unrealized gain (losses) on instruments still held	8	(50)	13	(53)
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	(31)	(5)	(24)	(21)
Total realized and unrealized gains (losses) included in income	(65)	58	(61)	65
Total realized and unrealized gains (losses) included in OCI	0	0	0	0
Movements purchases/Issuances	(96)	(66)	(142)	(105)
Movements Sales/Settlements	142	6	177	54
Fair value ending balance	(50)	(7)	(50)	(7)
Change in Unrealized gain (losses) on instruments still held	(65)	58	(61)	65
Obligations Related to Securities Sold Short [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	(1)	(3)
Total realized and unrealized gains (losses) included in OCI	0	0	0	0
Transfer Into Level 3			(1)	(3)
Transfers Out of Level 3	1	3	1	3
Trading loans, securities, and other [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Fair value beginning balance	2	17	19	12
Total realized and unrealized gains (losses) included in income	(1)		2
Movements purchases/Issuances		7	1	7
Movements Sales/ Settlements		(8)	(19)	(10)
Transfer Into Level 3	3	3	2	12
Transfers Out of Level 3	(1)	(4)	(2)	(6)
Fair value ending balance	3	15	3	15
Change in Unrealized gain (losses) on instruments still held		3		3
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		8
Movements Sales/ Settlements		(8)		(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	1		2	3
Movements Sales/ Settlements				(1)
Transfers Out of Level 3	(1)		(2)	(2)
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	9	1	1
Total realized and unrealized gains (losses) included in income	(1)
Movements purchases/Issuances		7	1	7
Movements Sales/ Settlements			(1)	(1)
Transfer Into Level 3	3	3	2	12
Transfers Out of Level 3		(4)		(4)
Fair value ending balance	3	15	3	15
Change in Unrealized gain (losses) on instruments still held		3		3
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]
Fair value beginning balance			16
Total realized and unrealized gains (losses) included in income			2
Movements Sales/ Settlements			(18)
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	598	505	574	498
Total realized and unrealized gains (losses) included in income	26	(12)	29	(4)
Movements purchases/Issuances	46	28	74	53
Movements Sales/ Settlements	(5)	(22)	(11)	(48)
Transfers Out of Level 3			(1)
Fair value ending balance	665	499	665	499
Change in Unrealized gain (losses) on instruments still held	23	(17)	21	(14)
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	595	500	571	493
Total realized and unrealized gains (losses) included in income	26	(12)	29	(4)
Movements purchases/Issuances	46	28	74	53
Movements Sales/ Settlements	(5)	(20)	(11)	(46)
Transfers Out of Level 3			(1)
Fair value ending balance	662	496	662	496
Change in Unrealized gain (losses) on instruments still held	23	(17)	21	(14)
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	3	5	3	5
Movements Sales/ Settlements		(2)		(2)
Fair value ending balance	3	3	3	3
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	1,558	1,587	1,599	1,575
Total realized and unrealized gains (losses) included in OCI	5	(24)	14	(23)
Movements purchases/Issuances	4	10	24	19
Movements Sales/ Settlements	(64)	76	(134)	78
Fair value ending balance	1,503	1,649	1,503	1,649
Change in Unrealized gain (losses) on instruments still held	6	(19)	14	(17)
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	23	24	20	24
Total realized and unrealized gains (losses) included in OCI	1	(4)	4	(4)
Fair value ending balance	24	20	24	20
Change in Unrealized gain (losses) on instruments still held	1		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	1,503	1,518	1,553	1,507
Total realized and unrealized gains (losses) included in OCI	(1)	(1)	(1)	(1)
Movements purchases/Issuances	4	9	24	18
Movements Sales/ Settlements	(64)	76	(134)	78
Fair value ending balance	1,442	1,602	1,442	1,602
Change in Unrealized gain (losses) on instruments still held	4		4	1
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	32	45	26	44
Total realized and unrealized gains (losses) included in OCI	5	(19)	11	(18)
Movements purchases/Issuances		1		1
Fair value ending balance	37	27	37	27
Change in Unrealized gain (losses) on instruments still held	$ 1	$ (19)	$ 6	$ (18)

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	Apr. 30, 2021	Feb. 01, 2021	Nov. 01, 2020	Oct. 31, 2020	Apr. 30, 2020	Feb. 01, 2020	Nov. 01, 2019
Disclosure of fair value measurement of assets and liabilities [Line Items]
Derivative assets	$ 53,621			$ 54,242
Derivative liabilities	58,019			$ 53,203
Level 3 of fair value hierarchy [member] | Netted Derivatives [member]
Disclosure of fair value measurement of assets and liabilities [Line Items]
Derivative assets	28	$ 576	$ 381		$ 337	$ 630	$ 604
Derivative liabilities	$ 193	$ 1,735	$ 1,200		$ 1,015	$ 1,758	$ 1,630

Securities - Summary of Unreali

Securities - Summary of Unrealized Gains (Losses) for securities at FVOCI (Detail) - CAD ($) $ in Millions	Apr. 30, 2021	Oct. 31, 2020
Disclosure of securities according to their remaining contractual maturities [line Items]
Financial assets at fair value through other comprehensive income	$ 89,599	$ 103,285
Securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Cost/amortized cost	87,126	100,607
Gross unrealized gains	815	714
Gross unrealized (losses)	(191)	(538)
Financial assets at fair value through other comprehensive income	87,750	100,783
Securities [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Cost/amortized cost	66,906	77,759
Gross unrealized gains	548	583
Gross unrealized (losses)	(35)	(59)
Financial assets at fair value through other comprehensive income	67,419	78,283
Securities [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Cost/amortized cost	12,897	13,967
Gross unrealized gains	122	160
Gross unrealized (losses)	(6)	(1)
Financial assets at fair value through other comprehensive income	13,013	14,126
Securities [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Cost/amortized cost	17,622	16,342
Gross unrealized gains	244	181
Gross unrealized (losses)	(21)	(21)
Financial assets at fair value through other comprehensive income	17,845	16,502
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]
Cost/amortized cost	25,372	32,875
Gross unrealized gains	151	192
Gross unrealized (losses)	(5)	(33)
Financial assets at fair value through other comprehensive income	25,518	33,034
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]
Cost/amortized cost	8,109	10,720
Gross unrealized gains	25	39
Gross unrealized (losses)	(3)	(3)
Financial assets at fair value through other comprehensive income	8,131	10,756
Securities [member] | Government and government-related securities [member] | Mortgage- backed securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Cost/amortized cost	2,906	3,855
Gross unrealized gains	6	11
Gross unrealized (losses)		(1)
Financial assets at fair value through other comprehensive income	2,912	3,865
Securities [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Cost/amortized cost	16,107	19,904
Gross unrealized gains	112	105
Gross unrealized (losses)	(22)	(108)
Financial assets at fair value through other comprehensive income	16,197	19,901
Securities [member] | Other debt securities [member] | Asset-backed financings [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Cost/amortized cost	7,641	10,051
Gross unrealized gains	30	26
Gross unrealized (losses)	(14)	(71)
Financial assets at fair value through other comprehensive income	7,657	10,006
Securities [member] | Other debt securities [member] | Corporate and other debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Cost/amortized cost	8,466	9,853
Gross unrealized gains	82	79
Gross unrealized (losses)	(8)	(37)
Financial assets at fair value through other comprehensive income	8,540	9,895
Securities [member] | Debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Cost/amortized cost	83,013	97,663
Gross unrealized gains	660	688
Gross unrealized (losses)	(57)	(167)
Financial assets at fair value through other comprehensive income	83,616	98,184
Securities [member] | Equity securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Cost/amortized cost	4,113	2,944
Gross unrealized gains	155	26
Gross unrealized (losses)	(134)	(371)
Financial assets at fair value through other comprehensive income	4,134	2,599
Securities [member] | Equity securities [member] | Common shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Cost/amortized cost	3,677	2,641
Gross unrealized gains	143	26
Gross unrealized (losses)	(87)	(280)
Financial assets at fair value through other comprehensive income	3,733	2,387
Securities [member] | Equity securities [member] | Preferred shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Cost/amortized cost	436	303
Gross unrealized gains	12
Gross unrealized (losses)	(47)	(91)
Financial assets at fair value through other comprehensive income	$ 401	$ 212

Securities - Summary of Equity

Securities - Summary of Equity Securities Designated at Fair Value Through Other Comprehensive Income (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020	Oct. 31, 2020
Disclosure of fair value of investments in equity instruments designated at fair value through other comprehensive income [line items]
Fair value	$ 4,134		$ 4,134		$ 2,599
Dividend Income recognized	44	$ 28	77	$ 58
Common shares [member]
Disclosure of fair value of investments in equity instruments designated at fair value through other comprehensive income [line items]
Fair value	3,733		3,733		2,387
Dividend Income recognized	40	24	70	51
Preferred shares [member]
Disclosure of fair value of investments in equity instruments designated at fair value through other comprehensive income [line items]
Fair value	401		401		$ 212
Dividend Income recognized	$ 4	$ 4	$ 7	$ 7

Securities - Additional Informa

Securities - Additional Information (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020	Oct. 31, 2020
Disclosure of detailed information about financial instruments [line items]
Dividend Income recognized	$ 44	$ 28	$ 77	$ 58
Provision (recovery) of credit losses	377	(3,218)	64	(4,137)
Debt securities [member]
Disclosure of detailed information about financial instruments [line items]
Allowance for credit losses on debt securities	6		6		$ 7
Debt securities at amortized cost [member]
Disclosure of detailed information about financial instruments [line items]
Allowance for credit losses on debt securities	2		2		2
Provision (recovery) of credit losses	0	1	0	1
Debt securities FVOCI [member]
Disclosure of detailed information about financial instruments [line items]
Allowance for credit losses on debt securities	4		4		$ 5
Provision (recovery) of credit losses	3	8	2	8
Securities disposed [member] | Securities [member]
Disclosure of detailed information about financial instruments [line items]
Disposal of equity securities	55	23	59	28
Gain (loss) on sale of equity securities measured at fair value	2	(6)	2	(6)
Dividend Income recognized	$ 0	$ 0	$ 0	$ 0

Securities - Summary of Securit

Securities - Summary of Securities Net Realized Gains (Losses) (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Disclosure of financial assets [line items]
Net realized gains (losses)	$ (47)	$ (12)	$ (27)	$ (2)
Debt securities [member] | Financial assets amortized cost [member]
Disclosure of financial assets [line items]
Net realized gains (losses)	(61)		(61)
Debt securities [member] | Financial assets at fair value through other comprehensive income, category [member]
Disclosure of financial assets [line items]
Net realized gains (losses)	$ 14	$ (12)	$ 34	$ (2)

Securities - Summary of Debt Se

Securities - Summary of Debt Securities by Risk Rating (Detail) - CAD ($) $ in Millions	Apr. 30, 2021	Oct. 31, 2020
Disclosure of financial assets [line items]
Debt securities	$ 299,523	$ 325,865
Allowance for credit losses on debt securities at amortized cost	2	2
Debt securities, net of allowance	299,521	325,863
Investment grade [member]
Disclosure of financial assets [line items]
Debt securities	297,170	322,842
Non investment grade [member]
Disclosure of financial assets [line items]
Debt securities	2,327	3,006
Watch and classified [member]
Disclosure of financial assets [line items]
Debt securities	26	17
Stage 1 [member]
Disclosure of financial assets [line items]
Debt securities	299,415	325,604
Allowance for credit losses on debt securities at amortized cost	2	2
Debt securities, net of allowance	299,413	325,602
Stage 1 [member] | Investment grade [member]
Disclosure of financial assets [line items]
Debt securities	297,170	322,842
Stage 1 [member] | Non investment grade [member]
Disclosure of financial assets [line items]
Debt securities	2,245	2,762
Stage 2 [member]
Disclosure of financial assets [line items]
Debt securities	108	261
Debt securities, net of allowance	108	261
Stage 2 [member] | Non investment grade [member]
Disclosure of financial assets [line items]
Debt securities	82	244
Stage 2 [member] | Watch and classified [member]
Disclosure of financial assets [line items]
Debt securities	$ 26	$ 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	Apr. 30, 2021	Jan. 31, 2021	Oct. 31, 2020	Apr. 30, 2020	Feb. 01, 2020	Nov. 01, 2019
Disclosure of detailed information about financial instruments [line items]
Total loans	$ 736,353		$ 743,255
Allowance for loan losses	6,999		8,290	$ 6,925
Loans and acceptances, net of allowance	729,354		734,965
Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	666,939		667,066
Allowance for loan losses	2,368		2,544	2,725
Loans and acceptances, net of allowance	664,571		664,522
Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	66,434		72,800
Allowance for loan losses	3,891		4,902	3,099
Loans and acceptances, net of allowance	62,543		67,898
Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	2,980		3,389
Allowance for loan losses	740		844	1,101
Loans and acceptances, net of allowance	2,240		2,545
Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	184,466		185,460
Allowance for loan losses	1,703		2,019	1,854
Loans and acceptances, net of allowance	182,763		183,441
Consumer instalment and other personal [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	169,911		168,321
Allowance for loan losses	562		567	833
Loans and acceptances, net of allowance	169,349		167,754
Consumer instalment and other personal [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	13,692		16,130
Allowance for loan losses	994		1,265	805
Loans and acceptances, net of allowance	12,698		14,865
Consumer instalment and other personal [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	863		1,009
Allowance for loan losses	147		187	216
Loans and acceptances, net of allowance	716		822
Consumer instalment and other personal [member] | Low risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	89,238		78,377
Consumer instalment and other personal [member] | Low risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	88,019		77,178
Consumer instalment and other personal [member] | Low risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	1,219		1,199
Consumer instalment and other personal [member] | Normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	58,423		60,709
Consumer instalment and other personal [member] | Normal risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	57,593		59,349
Consumer instalment and other personal [member] | Normal risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	830		1,360
Consumer instalment and other personal [member] | Medium risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	26,650		31,725
Consumer instalment and other personal [member] | Medium risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	22,633		28,094
Consumer instalment and other personal [member] | Medium risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	4,017		3,631
Consumer instalment and other personal [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	9,699		14,278
Consumer instalment and other personal [member] | High risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	1,666		3,700
Consumer instalment and other personal [member] | High risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	7,626		9,940
Consumer instalment and other personal [member] | High risk [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	407		638
Consumer instalment and other personal [member] | Default [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	456		371
Consumer instalment and other personal [member] | Default [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	456		371
Business and government [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	266,329		273,242
Allowance for loan losses	3,001		3,415
Loans and acceptances, net of allowance	263,328		269,827
Business and government [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	238,655		247,505
Allowance for loan losses	1,118		1,321
Loans and acceptances, net of allowance	237,537		246,184
Business and government [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	26,622		24,635
Allowance for loan losses	1,540		1,706
Loans and acceptances, net of allowance	25,082		22,929
Business and government [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	1,052		1,102
Allowance for loan losses	343		388
Loans and acceptances, net of allowance	709		714
Business and government [member] | Default [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	963		982
Business and government [member] | Default [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	963		982
Business and government [member] | Investment grade or low/normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	113,760		120,356
Business and government [member] | Investment grade or low/normal risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	113,366		120,106
Business and government [member] | Investment grade or low/normal risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	394		250
Business and government [member] | Non investment grade or medium risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	137,451		138,327
Business and government [member] | Non investment grade or medium risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	124,512		126,509
Business and government [member] | Non investment grade or medium risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	12,939		11,818
Business and government [member] | Watch and classified or high risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	14,155		13,577
Business and government [member] | Watch and classified or high risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	777		890
Business and government [member] | Watch and classified or high risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	13,289		12,567
Business and government [member] | Watch and classified or high risk [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	89		120
Off-balance sheet credit risks [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	592,211		603,775
Allowance for off-balance sheet credit instruments	970		1,087
Total off-balancesheet credit instruments, net of allowance	591,241		602,688
Off-balance sheet credit risks [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	578,702		586,345
Allowance for off-balance sheet credit instruments	381		381
Total off-balancesheet credit instruments, net of allowance	578,321		585,964
Off-balance sheet credit risks [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	13,299		17,286
Allowance for off-balance sheet credit instruments	563		672
Total off-balancesheet credit instruments, net of allowance	12,736		16,614
Off-balance sheet credit risks [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	210		144
Allowance for off-balance sheet credit instruments	26		34
Total off-balancesheet credit instruments, net of allowance	184		110
Off-balance sheet credit risks [member] | Low risk [member] | Retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	215,888		200,950
Off-balance sheet credit risks [member] | Low risk [member] | Stage 1 [member] | Retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	215,718		200,226
Off-balance sheet credit risks [member] | Low risk [member] | Stage 2 [member] | Retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	170		724
Off-balance sheet credit risks [member] | Normal risk [member] | Retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	79,707		79,572
Off-balance sheet credit risks [member] | Normal risk [member] | Stage 1 [member] | Retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	79,318		78,448
Off-balance sheet credit risks [member] | Normal risk [member] | Stage 2 [member] | Retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	389		1,124
Off-balance sheet credit risks [member] | Medium risk [member] | Retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	15,476		36,631
Off-balance sheet credit risks [member] | Medium risk [member] | Stage 1 [member] | Retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	14,973		35,187
Off-balance sheet credit risks [member] | Medium risk [member] | Stage 2 [member] | Retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	503		1,444
Off-balance sheet credit risks [member] | High risk [member] | Retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	2,237		5,029
Off-balance sheet credit risks [member] | High risk [member] | Stage 1 [member] | Retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	925		2,004
Off-balance sheet credit risks [member] | High risk [member] | Stage 2 [member] | Retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	1,312		3,025
Off-balance sheet credit risks [member] | Default [member] | Non retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	210		144
Off-balance sheet credit risks [member] | Default [member] | Stage 3 [member] | Non retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	210		144
Off-balance sheet credit risks [member] | Investment grade [member] | Non retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	192,349		194,182
Off-balance sheet credit risks [member] | Investment grade [member] | Stage 1 [member] | Non retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	192,349		194,182
Off-balance sheet credit risks [member] | Non investment grade [member] | Non retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	80,588		82,833
Off-balance sheet credit risks [member] | Non investment grade [member] | Stage 1 [member] | Non retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	75,381		76,280
Off-balance sheet credit risks [member] | Non investment grade [member] | Stage 2 [member] | Non retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	5,207		6,553
Off-balance sheet credit risks [member] | Watch and classified [member] | Non retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	5,756		4,434
Off-balance sheet credit risks [member] | Watch and classified [member] | Stage 1 [member] | Non retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	38		18
Off-balance sheet credit risks [member] | Watch and classified [member] | Stage 2 [member] | Non retail exposures [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	5,718		4,416
Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	256,277		252,219
Allowance for loan losses	245	$ 301	302	152	$ 114	$ 110
Loans and acceptances, net of allowance	256,032		251,917
Residential mortgages [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	235,438		226,373
Allowance for loan losses	23	26	32	37	30	28
Loans and acceptances, net of allowance	235,415		226,341
Residential mortgages [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	20,022		24,873
Allowance for loan losses	166	214	205	56	28	26
Loans and acceptances, net of allowance	19,856		24,668
Residential mortgages [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	817		973
Allowance for loan losses	56	$ 61	65	59	$ 56	$ 56
Loans and acceptances, net of allowance	761		908
Residential mortgages [member] | Low risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	201,610		172,835
Residential mortgages [member] | Low risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	198,153		169,710
Residential mortgages [member] | Low risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	3,457		3,125
Residential mortgages [member] | Normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	45,594		66,601
Residential mortgages [member] | Normal risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	37,285		56,663
Residential mortgages [member] | Normal risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	8,309		9,938
Residential mortgages [member] | Medium risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	5,115		7,690
Residential mortgages [member] | Medium risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	5,115		7,690
Residential mortgages [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	3,416		4,563
Residential mortgages [member] | High risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	3,141		4,120
Residential mortgages [member] | High risk [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	275		443
Residential mortgages [member] | Default [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	542		530
Residential mortgages [member] | Default [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	542		530
Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	29,281		32,334
Allowance for loan losses	2,050		2,554	2,390
Loans and acceptances, net of allowance	27,231		29,780
Credit card [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	22,935		24,867
Allowance for loan losses	665		624	877
Loans and acceptances, net of allowance	22,270		24,243
Credit card [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	6,098		7,162
Allowance for loan losses	1,191		1,726	1,170
Loans and acceptances, net of allowance	4,907		5,436
Credit card [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	248		305
Allowance for loan losses	194		204	$ 343
Loans and acceptances, net of allowance	54		101
Credit card [member] | Low risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	4,165		3,965
Credit card [member] | Low risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	4,165		3,916
Credit card [member] | Low risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans			49
Credit card [member] | Normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	9,025		7,156
Credit card [member] | Normal risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	8,978		7,027
Credit card [member] | Normal risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	47		129
Credit card [member] | Medium risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	10,131		11,235
Credit card [member] | Medium risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	9,186		10,431
Credit card [member] | Medium risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	945		804
Credit card [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	5,889		9,879
Credit card [member] | High risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	606		3,493
Credit card [member] | High risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	5,106		6,180
Credit card [member] | High risk [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	177		206
Credit card [member] | Default [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	71		99
Credit card [member] | Default [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	$ 71		$ 99

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	Apr. 30, 2021	Oct. 31, 2020	Apr. 30, 2020
Disclosure of detailed information about financial instruments [line items]
Total loans	$ 736,353	$ 743,255
Financial assets at fair value through other comprehensive income	89,599	103,285
Customers' liability under acceptances	19,070	14,941
Allowance for loan losses	6,998	8,289
Acquired credit-impaired loans [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	177	232
Allowance for loan losses	6	10
Business and government and Residential Mortgage [member]
Disclosure of detailed information about financial instruments [line items]
Trading loans at fair value	13,000	13,000
Non-trading loans at fair value	3,000	4,000
Financial assets at fair value through other comprehensive income, category [member]
Disclosure of detailed information about financial instruments [line items]
Allowance for loan losses	1	1	$ 0
Business and government and Residential Mortgage [member] | Insured [member] | Mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	84,000	86,000
Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	184,466	185,460
Loans [member]
Disclosure of detailed information about financial instruments [line items]
Financial assets at fair value through other comprehensive income	2,000	3,000
Customers' liability under acceptances	19,000	15,000
Business and government [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	266,329	273,242
Business and government [member] | Non investment grade or lower risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	26,000	27,000
Off-balance sheet credit risks [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	592,211	603,775
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	312,000	321,000
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	47,000	43,000
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	122	111
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	$ 11,000	$ 12,000

Loans, Impaired Loans, and Al_5

Loans, Impaired Loans, and Allowance for Credit Losses - Summary of Allowances for Loan Losses (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Disclosure of detailed information about financial instruments [line items]
Balance at beginning of period			$ 8,290
Balance, including off-balance sheet instruments, at end of period	$ 7,969	$ 7,916	7,969	$ 7,916
Less: Allowance for off-balance sheet instruments	970	991	970	991
Balance at end of period	6,999	6,925	6,999	6,925
Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Balance at beginning of period	301	114	302	110
Net remeasurement due to transfers	(5)	2	(5)	1
New originations or purchases	2	4	5	9
Net repayments	(2)		(6)
Derecognition of financial assets (excluding disposals and write-offs)	(49)	(7)	(63)	(14)
Changes to risk, parameters, and models	5	42	26	55
Disposals	0	0	0	0
Write-offs	(4)	(9)	(8)	(16)
Recoveries	1	1	2	2
Foreign exchange and other adjustments	(4)	5	(8)	5
Balance at end of period	245	152	245	152
Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, at beginning of period	2,038	1,353	2,112	1,309
Balance at beginning of period			2,019
Net remeasurement due to transfers	(75)	151	(127)	162
New originations or purchases	55	99	106	177
Net repayments	(57)	(37)	(112)	(72)
Derecognition of financial assets (excluding disposals and write-offs)	(72)	(38)	(138)	(75)
Changes to risk, parameters, and models	101	671	374	958
Disposals	0	0	0	0
Write-offs	(233)	(346)	(491)	(688)
Recoveries	91	58	166	137
Foreign exchange and other adjustments	(32)	28	(74)	31
Balance, including off-balance sheet instruments, at end of period	1,816	1,939	1,816	1,939
Less: Allowance for off-balance sheet instruments	113	85	113	85
Balance at end of period	1,703	1,854	1,703	1,854
Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, at beginning of period	2,931	2,047	3,184	1,929
Balance at beginning of period			2,554
Net remeasurement due to transfers	(45)	196	(142)	230
New originations or purchases	26	55	53	90
Net repayments	(53)	(7)	(58)	82
Derecognition of financial assets (excluding disposals and write-offs)	(102)	(124)	(195)	(281)
Changes to risk, parameters, and models	79	1,176	295	1,654
Disposals	0	0	0	0
Write-offs	(288)	(486)	(570)	(938)
Recoveries	89	78	156	162
Foreign exchange and other adjustments	(74)	65	(160)	72
Balance, including off-balance sheet instruments, at end of period	2,563	3,000	2,563	3,000
Less: Allowance for off-balance sheet instruments	513	610	513	610
Balance at end of period	2,050	2,390	2,050	2,390
Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, at beginning of period	3,667	1,782	3,779	1,684
Net remeasurement due to transfers	9	52	18	65
New originations or purchases	239	209	561	319
Net repayments	(93)	(25)	(142)	(49)
Derecognition of financial assets (excluding disposals and write-offs)	(479)	(216)	(922)	(446)
Changes to risk, parameters, and models	142	1,006	410	1,263
Disposals	0	0	0	0
Write-offs	(60)	(58)	(191)	(105)
Recoveries	11	11	25	29
Foreign exchange and other adjustments	(91)	64	(193)	65
Balance, including off-balance sheet instruments, at end of period	3,345	2,825	3,345	2,825
Less: Allowance for off-balance sheet instruments	344	296	344	296
Balance at end of period	3,001	2,529	3,001	2,529
Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Balance at beginning of period			2,544
Balance, including off-balance sheet instruments, at end of period	2,749	3,132	2,749	3,132
Less: Allowance for off-balance sheet instruments	381	407	381	407
Balance at end of period	2,368	2,725	2,368	2,725
Stage 1 [member] | Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Balance at beginning of period	26	30	32	28
Net remeasurement due to transfers	(7)	(2)	(10)	(5)
New originations or purchases	2	4	5	9
Net repayments	(1)		(4)
Derecognition of financial assets (excluding disposals and write-offs)	(3)	(1)	(4)	(2)
Changes to risk, parameters, and models	(24)	3	(28)	(1)
Disposals	0	0	0	0
Recoveries			1
Foreign exchange and other adjustments		2	(3)	2
Balance at end of period	23	37	23	37
Stage 1 [member] | Residential mortgages [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	36	4	52	10
Stage 1 [member] | Residential mortgages [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(6)	(3)	(18)	(4)
Stage 1 [member] | Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, at beginning of period	529	728	595	717
Balance at beginning of period			567
Net remeasurement due to transfers	(108)	(20)	(210)	(55)
New originations or purchases	55	99	106	177
Net repayments	(25)	(20)	(50)	(44)
Derecognition of financial assets (excluding disposals and write-offs)	(19)	(22)	(40)	(43)
Changes to risk, parameters, and models	(171)	171	(352)	138
Disposals	0	0	0	0
Foreign exchange and other adjustments	(11)	17	(23)	18
Balance, including off-balance sheet instruments, at end of period	587	863	587	863
Less: Allowance for off-balance sheet instruments	25	30	25	30
Balance at end of period	562	833	562	833
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	364	50	633	134
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	(24)	(136)	(67)	(172)
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	(3)	(4)	(5)	(7)
Stage 1 [member] | Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, at beginning of period	842	952	799	934
Balance at beginning of period			624
Net remeasurement due to transfers	(118)	(48)	(279)	(110)
New originations or purchases	26	55	53	90
Net repayments	(52)	(18)	(61)	52
Derecognition of financial assets (excluding disposals and write-offs)	(12)	(29)	(24)	(54)
Changes to risk, parameters, and models	(152)	205	(267)	104
Disposals	0	0	0	0
Foreign exchange and other adjustments	(24)	32	(45)	35
Balance, including off-balance sheet instruments, at end of period	852	1,127	852	1,127
Less: Allowance for off-balance sheet instruments	187	250	187	250
Balance at end of period	665	877	665	877
Stage 1 [member] | Credit card [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	385	136	763	297
Stage 1 [member] | Credit card [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(41)	(156)	(83)	(211)
Stage 1 [member] | Credit card [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(2)	(2)	(4)	(10)
Stage 1 [member] | Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, at beginning of period	1,450	756	1,499	736
Net remeasurement due to transfers	(31)	(14)	(57)	(32)
New originations or purchases	239	209	561	319
Net repayments	(13)	(4)	(6)	(12)
Derecognition of financial assets (excluding disposals and write-offs)	(181)	(86)	(380)	(167)
Changes to risk, parameters, and models	(143)	294	(216)	300
Disposals	0	0	0	0
Foreign exchange and other adjustments	(37)	28	(79)	30
Balance, including off-balance sheet instruments, at end of period	1,287	1,105	1,287	1,105
Less: Allowance for off-balance sheet instruments	169	127	169	127
Balance at end of period	1,118	978	1,118	978
Stage 1 [member] | Businesses and government [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	127	36	230	78
Stage 1 [member] | Businesses and government [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(124)	(113)	(262)	(137)
Stage 1 [member] | Businesses and government [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage		(1)	(3)	(10)
Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Balance at beginning of period			4,902
Balance, including off-balance sheet instruments, at end of period	4,454	3,637	4,454	3,637
Less: Allowance for off-balance sheet instruments	563	538	563	538
Balance at end of period	3,891	3,099	3,891	3,099
Stage 2 [member] | Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Balance at beginning of period	214	28	205	26
Net remeasurement due to transfers	2	4	5	6
Net repayments	(1)		(2)
Derecognition of financial assets (excluding disposals and write-offs)	(11)	(1)	(19)	(2)
Changes to risk, parameters, and models	(10)	25	12	31
Disposals	0	0	0	0
Recoveries			(3)
Foreign exchange and other adjustments	(2)	1	(3)	1
Balance at end of period	166	56	166	56
Stage 2 [member] | Residential mortgages [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(35)	(4)	(51)	(10)
Stage 2 [member] | Residential mortgages [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	12	6	29	10
Stage 2 [member] | Residential mortgages [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(3)	(3)	(7)	(6)
Stage 2 [member] | Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, at beginning of period	1,333	440	1,330	417
Balance at beginning of period			1,265
Net remeasurement due to transfers	30	167	79	210
Net repayments	(27)	(14)	(54)	(22)
Derecognition of financial assets (excluding disposals and write-offs)	(41)	(10)	(79)	(21)
Changes to risk, parameters, and models	181	203	481	267
Disposals	0	0	0	0
Foreign exchange and other adjustments	(18)	8	(40)	9
Balance, including off-balance sheet instruments, at end of period	1,082	860	1,082	860
Less: Allowance for off-balance sheet instruments	88	55	88	55
Balance at end of period	994	805	994	805
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	(362)	(45)	(628)	(123)
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	39	151	98	199
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	(53)	(40)	(105)	(76)
Stage 2 [member] | Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, at beginning of period	1,867	728	2,181	673
Balance at beginning of period			1,726
Net remeasurement due to transfers	70	241	132	325
Net repayments	(7)	2	(9)	9
Derecognition of financial assets (excluding disposals and write-offs)	(36)	(33)	(72)	(62)
Changes to risk, parameters, and models	166	667	382	877
Disposals	0	0	0	0
Foreign exchange and other adjustments	(43)	17	(101)	20
Balance, including off-balance sheet instruments, at end of period	1,517	1,530	1,517	1,530
Less: Allowance for off-balance sheet instruments	326	360	326	360
Balance at end of period	1,191	1,170	1,191	1,170
Stage 2 [member] | Credit card [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(380)	(130)	(753)	(285)
Stage 2 [member] | Credit card [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	55	172	112	240
Stage 2 [member] | Credit card [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(175)	(134)	(355)	(267)
Stage 2 [member] | Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, at beginning of period	1,877	735	1,858	740
Net remeasurement due to transfers	40	67	77	101
Net repayments	(62)	(11)	(69)	(19)
Derecognition of financial assets (excluding disposals and write-offs)	(186)	(51)	(368)	(160)
Changes to risk, parameters, and models	101	362	305	509
Disposals	0	0	0	0
Foreign exchange and other adjustments	(45)	25	(91)	28
Balance, including off-balance sheet instruments, at end of period	1,689	1,191	1,689	1,191
Less: Allowance for off-balance sheet instruments	149	123	149	123
Balance at end of period	1,540	1,068	1,540	1,068
Stage 2 [member] | Businesses and government [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(125)	(35)	(227)	(76)
Stage 2 [member] | Businesses and government [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	127	116	269	145
Stage 2 [member] | Businesses and government [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(38)	(17)	(65)	(77)
Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Balance at beginning of period			844
Balance, including off-balance sheet instruments, at end of period	766	1,147	766	1,147
Less: Allowance for off-balance sheet instruments	26	46	26	46
Balance at end of period	740	1,101	740	1,101
Stage 3 [member] | Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Balance at beginning of period	61	56	65	56
Derecognition of financial assets (excluding disposals and write-offs)	(35)	(5)	(40)	(10)
Changes to risk, parameters, and models	39	14	42	25
Disposals	0	0	0	0
Write-offs	(4)	(9)	(8)	(16)
Recoveries	1	1	4	2
Foreign exchange and other adjustments	(2)	2	(2)	2
Balance at end of period	56	59	56	59
Stage 3 [member] | Residential mortgages [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(1)		(1)
Stage 3 [member] | Residential mortgages [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(6)	(3)	(11)	(6)
Stage 3 [member] | Residential mortgages [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	3	3	7	6
Stage 3 [member] | Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, at beginning of period	176	185	187	175
Balance at beginning of period			187
Net remeasurement due to transfers	3	4	4	7
Net repayments	(5)	(3)	(8)	(6)
Derecognition of financial assets (excluding disposals and write-offs)	(12)	(6)	(19)	(11)
Changes to risk, parameters, and models	91	297	245	553
Disposals	0	0	0	0
Write-offs	(233)	(346)	(491)	(688)
Recoveries	91	58	166	137
Foreign exchange and other adjustments	(3)	3	(11)	4
Balance, including off-balance sheet instruments, at end of period	147	216	147	216
Balance at end of period	147	216	147	216
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	(2)	(5)	(5)	(11)
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	(15)	(15)	(31)	(27)
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	56	44	110	83
Stage 3 [member] | Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, at beginning of period	222	367	204	322
Balance at beginning of period			204
Net remeasurement due to transfers	3	3	5	15
Net repayments	6	9	12	21
Derecognition of financial assets (excluding disposals and write-offs)	(54)	(62)	(99)	(165)
Changes to risk, parameters, and models	65	304	180	673
Disposals	0	0	0	0
Write-offs	(288)	(486)	(570)	(938)
Recoveries	89	78	156	162
Foreign exchange and other adjustments	(7)	16	(14)	17
Balance, including off-balance sheet instruments, at end of period	194	343	194	343
Balance at end of period	194	343	194	343
Stage 3 [member] | Credit card [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(5)	(6)	(10)	(12)
Stage 3 [member] | Credit card [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(14)	(16)	(29)	(29)
Stage 3 [member] | Credit card [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	177	136	359	277
Stage 3 [member] | Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Balance, including off-balance sheet instruments, at beginning of period	340	291	422	208
Net remeasurement due to transfers		(1)	(2)	(4)
Net repayments	(18)	(10)	(67)	(18)
Derecognition of financial assets (excluding disposals and write-offs)	(112)	(79)	(174)	(119)
Changes to risk, parameters, and models	184	350	321	454
Disposals	0	0	0	0
Write-offs	(60)	(58)	(191)	(105)
Recoveries	11	11	25	29
Foreign exchange and other adjustments	(9)	11	(23)	7
Balance, including off-balance sheet instruments, at end of period	369	529	369	529
Less: Allowance for off-balance sheet instruments	26	46	26	46
Balance at end of period	343	483	343	483
Stage 3 [member] | Businesses and government [member] | Transfer to stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(2)	(1)	(3)	(2)
Stage 3 [member] | Businesses and government [member] | Transfer to stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	(3)	(3)	(7)	(8)
Stage 3 [member] | Businesses and government [member] | Transfer to stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Transfer to Stage	$ 38	$ 18	$ 68	$ 87

Loans, Impaired Loans, and Al_6

Loans, Impaired Loans, and Allowance for Credit Losses - Summary of Allowances for Loan Losses (Parenthetical) (Detail) - CAD ($) $ in Millions	Apr. 30, 2021	Oct. 31, 2020	Apr. 30, 2020
Disclosure of detailed information about financial instruments [line items]
Allowance for loan losses	$ 6,998	$ 8,289
Financial assets at fair value through other comprehensive income, category [member]
Disclosure of detailed information about financial instruments [line items]
Allowance for loan losses	$ 1	$ 1	$ 0

Loans, Impaired Loans, and Al_7

Loans, Impaired Loans, and Allowance for Credit Losses - Summary of Macroeconomic Variables Impacted in Determining ECLs (Detail)	6 Months Ended
	Apr. 30, 2021
Base Forecasts [member] | Q2 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)	0.80
Base Forecasts [member] | Q2 2021 [member] | Canada [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	7.60%
Real GDP	5.50%
Home prices	12.50%
Central bank policy interest rate	0.25%
Base Forecasts [member] | Q2 2021 [member] | United States [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	5.90%
Real GDP	7.00%
Home prices	6.50%
Central bank policy interest rate	0.25%
U.S. 10-year treasury yield	1.58%
U.S. 10-year BBB spread	1.40%
Base Forecasts [member] | Q3 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)	0.81
Base Forecasts [member] | Q3 2021 [member] | Canada [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	6.60%
Real GDP	6.10%
Home prices	(1.70%)
Central bank policy interest rate	0.25%
Base Forecasts [member] | Q3 2021 [member] | United States [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	5.50%
Real GDP	6.80%
Home prices	5.50%
Central bank policy interest rate	0.25%
U.S. 10-year treasury yield	1.63%
U.S. 10-year BBB spread	1.55%
Base Forecasts [member] | Q4 2021 [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)	0.81
Base Forecasts [member] | Q4 2021 [member] | Canada [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	6.30%
Real GDP	4.50%
Home prices	(3.40%)
Central bank policy interest rate	0.25%
Base Forecasts [member] | Q4 2021 [member] | United States [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	5.00%
Real GDP	5.10%
Home prices	5.00%
Central bank policy interest rate	0.25%
U.S. 10-year treasury yield	1.68%
U.S. 10-year BBB spread	1.70%
Base Forecasts [member] | Q1 2022 [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)	0.81
Base Forecasts [member] | Q1 2022 [member] | Canada [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	6.20%
Real GDP	3.90%
Home prices	(6.30%)
Central bank policy interest rate	0.25%
Base Forecasts [member] | Q1 2022 [member] | United States [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	4.50%
Real GDP	4.10%
Home prices	4.50%
Central bank policy interest rate	0.25%
U.S. 10-year treasury yield	1.73%
U.S. 10-year BBB spread	1.80%
Base Forecasts [member] | Average Q2 2021 - Q1 2022 [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)	0.81
Base Forecasts [member] | Average Q2 2021 - Q1 2022 [member] | Canada [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	6.70%
Real GDP	7.60%
Home prices	15.80%
Central bank policy interest rate	0.25%
Base Forecasts [member] | Average Q2 2021 - Q1 2022 [member] | United States [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	5.20%
Real GDP	7.30%
Home prices	7.70%
Central bank policy interest rate	0.25%
U.S. 10-year treasury yield	1.66%
U.S. 10-year BBB spread	1.61%
Base Forecasts [member] | Remaining 4 year period [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)	0.79
Base Forecasts [member] | Remaining 4 year period [member] | Canada [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	5.90%
Real GDP	2.00%
Home prices	(0.80%)
Central bank policy interest rate	0.72%
Base Forecasts [member] | Remaining 4 year period [member] | United States [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	3.90%
Real GDP	2.30%
Home prices	3.40%
Central bank policy interest rate	0.81%
U.S. 10-year treasury yield	2.07%
U.S. 10-year BBB spread	1.80%
Upside scenario [member] | Average Q2 2021 - Q1 2022 [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)	0.83
Upside scenario [member] | Average Q2 2021 - Q1 2022 [member] | Canada [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	6.30%
Real GDP	9.10%
Home prices	17.70%
Central bank policy interest rate	0.25%
Upside scenario [member] | Average Q2 2021 - Q1 2022 [member] | United States [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	4.70%
Real GDP	9.00%
Home prices	9.80%
Central bank policy interest rate	0.25%
U.S. 10-year treasury yield	1.83%
U.S. 10-year BBB spread	1.52%
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] | Remaining 4 year period [member] | Canada [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	5.60%
Real GDP	1.90%
Home prices	(0.70%)
Central bank policy interest rate	0.91%
Upside scenario [member] | Remaining 4 year period [member] | United States [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	3.80%
Real GDP	2.10%
Home prices	3.30%
Central bank policy interest rate	1.02%
U.S. 10-year treasury yield	2.50%
U.S. 10-year BBB spread	1.76%
Downside scenario [member] | Average Q2 2021 - Q1 2022 [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)	0.78
Downside scenario [member] | Average Q2 2021 - Q1 2022 [member] | Canada [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	7.20%
Real GDP	5.00%
Home prices	13.20%
Central bank policy interest rate	0.25%
Downside scenario [member] | Average Q2 2021 - Q1 2022 [member] | United States [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	5.80%
Real GDP	4.70%
Home prices	5.20%
Central bank policy interest rate	0.25%
U.S. 10-year treasury yield	1.47%
U.S. 10-year BBB spread	1.78%
Downside scenario [member] | Remaining 4 year period [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/ Canadian dollar)	0.76
Downside scenario [member] | Remaining 4 year period [member] | Canada [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	6.40%
Real GDP	2.50%
Home prices	(0.60%)
Central bank policy interest rate	0.56%
Downside scenario [member] | Remaining 4 year period [member] | United States [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	4.50%
Real GDP	2.80%
Home prices	3.60%
Central bank policy interest rate	0.64%
U.S. 10-year treasury yield	1.92%
U.S. 10-year BBB spread	1.82%

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	Apr. 30, 2021	Oct. 31, 2020
Disclosure of detailed information about financial instruments [line items]
Difference - in amount	$ 29	$ 343
Difference - in percentage	0.40%	4.00%
Probability weighted method [member]
Disclosure of detailed information about financial instruments [line items]
Probability-weighted ECLs	$ 7,203	$ 8,500
Base scenario [member]
Disclosure of detailed information about financial instruments [line items]
Base ECLs	$ 7,174	$ 8,157

Loans, Impaired Loans, and Al_9

Loans, Impaired Loans, and Allowance for Credit Losses - Schedule of Incremental Lifetime ECLs Impact (Detail) - CAD ($) $ in Millions	Apr. 30, 2021	Oct. 31, 2020
Disclosure of detailed information about financial instruments [line items]
Incremental lifetime ECLs impact	$ 1,840	$ 2,018
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	5,363	6,482
Stage One and Two [member]
Disclosure of detailed information about financial instruments [line items]
Aggregate Stage 1 and 2 probability-weighted ECLs	$ 7,203	$ 8,500

Loans, Impaired Loans, and A_10

Loans, Impaired Loans, and Allowance for Credit Losses - Additional Information (Detail)	6 Months Ended	12 Months Ended
	Apr. 30, 2021CAD ($)Customer	Oct. 31, 2020CAD ($)Customer
Disclosure of detailed information about financial instruments [line items]
Foreclosed assets held for sale	$ 62,000,000	$ 77,000,000
Canada Emergency Business Account Program [member]
Disclosure of detailed information about financial instruments [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 eligible business banking customers with an interest-free, partially forgivable loan of up to $60,000 until December 31, 2022. 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.
Due Date for eligible remaining loan waiver	Dec. 31, 2022
Interest Rate	5.00%
Enrolled customers | Customer	206,000	184,000
Funded loans outstanding	$ 11,000,000,000	$ 7,300,000,000
Canada Emergency Business Account Program [member] | Top of range [member]
Disclosure of detailed information about financial instruments [line items]
CEBA Loan Eligible Amount	$ 60,000

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	Apr. 30, 2021	Oct. 31, 2020
Disclosure of detailed information about financial instruments [line items]
Gross loans	$ 715,434	$ 725,812
Financial assets past due but not impaired [member]
Disclosure of detailed information about financial instruments [line items]
Gross loans	1,918	2,494
Financial assets past due but not impaired [member] | Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Gross loans	296	285
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	536	790
Financial assets past due but not impaired [member] | Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Gross loans	251	367
Financial assets past due but not impaired [member] | Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Gross loans	835	1,052
Financial assets past due but not impaired [member] | 31-60 days [member]
Disclosure of detailed information about financial instruments [line items]
Gross loans	1,391	1,752
Financial assets past due but not impaired [member] | 31-60 days [member] | Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Gross loans	215	221
Financial assets past due but not impaired [member] | 31-60 days [member] | Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Gross loans	383	590
Financial assets past due but not impaired [member] | 31-60 days [member] | Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Gross loans	145	218
Financial assets past due but not impaired [member] | 31-60 days [member] | Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Gross loans	648	723
Financial assets past due but not impaired [member] | 61 - 89 days [member]
Disclosure of detailed information about financial instruments [line items]
Gross loans	527	742
Financial assets past due but not impaired [member] | 61 - 89 days [member] | Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Gross loans	81	64
Financial assets past due but not impaired [member] | 61 - 89 days [member] | Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Gross loans	153	200
Financial assets past due but not impaired [member] | 61 - 89 days [member] | Credit card [member]
Disclosure of detailed information about financial instruments [line items]
Gross loans	106	149
Financial assets past due but not impaired [member] | 61 - 89 days [member] | Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Gross loans	$ 187	$ 329

Investment in Associates and _3

Investment in Associates and Joint Ventures - Additional Information (Detail) - Charles Schwab Corporation [member] $ / shares in Units, $ in Billions, $ in Billions	6 Months Ended	12 Months Ended
	Apr. 30, 2021CAD ($)	Oct. 31, 2020CAD ($)	Apr. 30, 2021USD ($)$ / shares	Oct. 31, 2020USD ($)$ / shares
Disclosure of investments in associates and joint ventures [line items]
Percentage of voting common shares	9.90%
Equity investment percentage	13.44%	13.51%
Fair value of outstanding shares	$ 22	$ 14	$ 18	$ 10
Closing price of shares			$ 70.40	$ 41.11

Investment in Associates and _4

Investment in Associates and Joint Ventures - Summary of Condensed Consolidated Balance Sheets (Detail) - CAD ($) $ in Millions	Apr. 30, 2021	Mar. 31, 2021	Oct. 31, 2020	Apr. 30, 2020
ASSETS
Receivables from brokerage clients, net	$ 21,535		$ 33,951
Other assets	16,063		18,856
Total assets	1,669,058		1,715,865	$ 1,673,745
LIABILITIES
Bank deposits	26,174		28,969
Payables to brokerage clients	20,514		35,143
Other liabilities	23,543		30,476
Total liabilities	1,574,543		1,620,366
Stockholders' equity	94,515		95,499
Total liabilities and equity	$ 1,669,058		$ 1,715,865
Charles Schwab Corporation [member]
ASSETS
Receivables from brokerage clients, net		$ 91,831
Available for sale securities		420,377
Other assets		180,365
Total assets		692,573
LIABILITIES
Bank deposits		454,660
Payables to brokerage clients		124,561
Other liabilities		45,019
Total liabilities		624,240
Stockholders' equity		68,333
Total liabilities and equity		$ 692,573

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		3 Months Ended			6 Months Ended
		Apr. 30, 2021	Mar. 31, 2021	Apr. 30, 2020	Apr. 30, 2021	Mar. 31, 2021	Apr. 30, 2020
Net Revenues
Net interest revenue	[1]	$ 7,226		$ 9,475	$ 14,836		$ 19,863
Total revenue		10,228		10,528	21,040		21,137
Expenses Excluding Interest
Compensation and benefits		3,125		2,927	6,281		5,960
Taxes on income		962		250	1,789		909
Net income	[2],[3]	3,695		1,515	6,972		4,504
Preferred stock dividends and other		65		68	130		135
Net Income available to common stockholders		3,630		1,447	6,842		4,369
Other comprehensive income (loss)	[2],[3]	(2,602)		4,892	(4,479)		5,246
Total comprehensive income	[2],[3]	$ 1,093		$ 6,407	$ 2,493		$ 9,750
Earnings per common shares outstanding - basic (Canadian dollars)		$ 2		$ 0.80	$ 3.77		$ 2.42
Earnings per common shares outstanding - diluted (Canadian dollars)		$ 1.99		$ 0.80	$ 3.76		$ 2.42
Charles Schwab Corporation [member]
Net Revenues
Net interest revenue			$ 2,420			$ 4,777
Asset management and administration fees			1,287			2,573
Trading revenue and other			2,265			4,063
Total revenue			5,972			11,413
Expenses Excluding Interest
Compensation and benefits			1,811			3,633
Other			1,678			3,375
Total expenses excluding interest			3,489			7,008
Income before taxes on income			2,483			4,405
Taxes on income			603			1,047
Net income			1,880			3,358
Preferred stock dividends and other			122			233
Net Income available to common stockholders			1,758			3,125
Other comprehensive income (loss)			(5,720)			(6,100)
Total comprehensive income			$ (3,962)			$ (2,975)
Earnings per common shares outstanding - basic (Canadian dollars)			$ 0.93			$ 1.67
Earnings per common shares outstanding - diluted (Canadian dollars)			$ 0.93			$ 1.67
[1]	Includes $6,397 million and $13,185 million, for the three and six months ended April 30, 2021, respectively (three and six months ended April 30, 2020 - $7,967 million and $16,569 million, respectively) which have been calculated based on the effective interest rate method. Refer to Note 19.
[2]	Certain comparative amounts have been reclassified to conform with the presentation adopted in the current period.
[3]	The amounts are net of income tax provisions (recoveries) presented in the following table.

Goodwill and Other Intangibles

Goodwill and Other Intangibles - Summary of Goodwill by Segment (Detail) - CAD ($) $ in Millions	6 Months Ended	12 Months Ended
	Apr. 30, 2021	Oct. 31, 2020
Disclosure of reconciliation of changes in goodwill [line items]
Beginning balance	$ 17,148	$ 16,976
Additions	(3)
Foreign currency translation adjustments and other	(1,166)	172
Ending balance	15,979	17,148
Canadian Retail [member]
Disclosure of reconciliation of changes in goodwill [line items]
Beginning balance	2,846	2,836
Additions	(3)
Foreign currency translation adjustments and other	(67)	10
Ending balance	2,776	2,846
U.S. Retail [member]
Disclosure of reconciliation of changes in goodwill [line items]
Beginning balance	14,142	13,980
Foreign currency translation adjustments and other	(1,098)	162
Ending balance	13,044	14,142
Wholesale Banking [member]
Disclosure of reconciliation of changes in goodwill [line items]
Beginning balance	160	160
Foreign currency translation adjustments and other	(1)
Ending balance	$ 159	$ 160

Other Assets - Schedule of Othe

Other Assets - Schedule of Other Assets (Detail) - CAD ($) $ in Millions	Apr. 30, 2021	Oct. 31, 2020
Disclosure of other assets [abstract]
Accounts receivable and other items	$ 9,169	$ 10,799
Accrued interest	2,166	2,336
Current income tax receivable	1,356	2,294
Defined benefit asset	267	9
Insurance-related assets, excluding investments	1,959	2,268
Prepaid expenses	1,146	1,150
Total	$ 16,063	$ 18,856

Deposits - Additional Informati

Deposits - Additional Information (Detail) - CAD ($) $ in Billions	Apr. 30, 2021	Oct. 31, 2020
Disclosure of deposits [abstract]
Aggregate amount of term deposits in denominations of $100,000 or more	$ 274	$ 287

Deposits - Summary of Deposit L

Deposits - Summary of Deposit Liabilities (Detail) - CAD ($) $ in Millions	Apr. 30, 2021	Oct. 31, 2020
Disclosure of deposits from customers [line items]
Demand	$ 165,179
Notice	748,624
Term	304,559
Total	1,218,362	$ 1,214,136
Personal [member]
Disclosure of deposits from customers [line items]
Demand	22,096
Notice	549,612
Term	54,754
Total	626,462	625,200
Bank Deposits [member]
Disclosure of deposits from customers [line items]
Demand	14,008
Notice	418
Term	11,748
Total	26,174	28,969
Business and government [member]
Disclosure of deposits from customers [line items]
Demand	129,075
Notice	198,594
Term	138,183
Total	465,852	481,164
Trading deposits [member]
Disclosure of deposits from customers [line items]
Term	33,679
Total	33,679	19,177
Deposits designated at fair value through profit or loss [member]
Disclosure of deposits from customers [line items]
Term	66,195
Total	66,195	59,626
Canada [member]
Disclosure of deposits from customers [line items]
Total	670,374
Canada [member] | Personal [member]
Disclosure of deposits from customers [line items]
Total	285,399
Canada [member] | Bank Deposits [member]
Disclosure of deposits from customers [line items]
Total	19,850
Canada [member] | Business and government [member]
Disclosure of deposits from customers [line items]
Total	315,309
Canada [member] | Trading deposits [member]
Disclosure of deposits from customers [line items]
Total	15,602
Canada [member] | Deposits designated at fair value through profit or loss [member]
Disclosure of deposits from customers [line items]
Total	34,214
United States [member]
Disclosure of deposits from customers [line items]
Total	520,582
United States [member] | Personal [member]
Disclosure of deposits from customers [line items]
Total	341,063
United States [member] | Bank Deposits [member]
Disclosure of deposits from customers [line items]
Total	36
United States [member] | Business and government [member]
Disclosure of deposits from customers [line items]
Total	145,863
United States [member] | Trading deposits [member]
Disclosure of deposits from customers [line items]
Total	4,461
United States [member] | Deposits designated at fair value through profit or loss [member]
Disclosure of deposits from customers [line items]
Total	29,159
International [member]
Disclosure of deposits from customers [line items]
Total	27,406
International [member] | Bank Deposits [member]
Disclosure of deposits from customers [line items]
Total	6,288
International [member] | Business and government [member]
Disclosure of deposits from customers [line items]
Total	4,680
International [member] | Trading deposits [member]
Disclosure of deposits from customers [line items]
Total	13,616
International [member] | Deposits designated at fair value through profit or loss [member]
Disclosure of deposits from customers [line items]
Total	2,822
Domestic Offices [member] | Non interest bearing deposits [member]
Disclosure of deposits from customers [line items]
Total	65,345	55,920
Domestic Offices [member] | Interest bearing deposits 1 [member]
Disclosure of deposits from customers [line items]
Total	605,029	604,625
Foreign Offices [member] | Non interest bearing deposits [member]
Disclosure of deposits from customers [line items]
Total	78,346	76,099
Foreign Offices [member] | Interest bearing deposits 1 [member]
Disclosure of deposits from customers [line items]
Total	469,634	472,913
US federal funds deposited [member] | Interest bearing deposits 1 [member]
Disclosure of deposits from customers [line items]
Total	$ 8	$ 4,579

Deposits - Summary of Deposit_2

Deposits - Summary of Deposit Liabilities (Parenthetical) (Detail) - CAD ($) $ in Millions	Apr. 30, 2021	Oct. 31, 2020
Disclosure of deposits from customers [line items]
Deposits subject to bank recapitalization Bail-in	$ 33,540	$ 27,580
Deposits	465,852	481,164
Financial liabilities designated at fair value through profit or loss	66,253	59,665
Total	1,218,362	1,214,136
Business and government [member]
Disclosure of deposits from customers [line items]
Total	465,852	481,164
Loan commitments and financial guarantees [member]
Disclosure of deposits from customers [line items]
Financial liabilities designated at fair value through profit or loss	58	39
Covered Bondholders [member] | Business and government [member]
Disclosure of deposits from customers [line items]
Deposits	34,600	40,500
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	692,000	708,000
Other Currency [member]
Disclosure of deposits from customers [line items]
Total	$ 45,000	$ 44,000

Other Liabilities - Summary of

Other Liabilities - Summary of Other Liabilities (Detail) - CAD ($) $ in Millions	Apr. 30, 2021	Oct. 31, 2020
Disclosure of financial liabilities [abstract]
Accounts payable, accrued expenses, and other items	$ 4,454	$ 6,571
Accrued interest	828	1,142
Accrued salaries and employee benefits	2,966	2,900
Cheques and other items in transit	2,069	2,440
Current income tax payable	142	275
Deferred tax liabilities	265	284
Defined benefit liability	1,819	3,302
Lease liabilities	5,588	6,095
Liabilities related to structured entities	3,991	5,898
Provisions	1,421	1,569
Total	$ 23,543	$ 30,476

Equity - Summary of Classes of

Equity - Summary of Classes of Share Capital - Common Shares (Detail) - CAD ($) shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Disclosure of classes of share capital [line items]
Balance as at beginning of period				$ 95,499
Balance as at end of period		$ 94,515		$ 94,515
Issued capital [member] | Common shares [member]
Disclosure of classes of share capital [line items]
Balance as at beginning of period		1,818.5	1,810	1,816.1	1,812.5
Proceeds from shares issued on exercise of stock options, Number of shares		0.7	0.2	1.6	1
Shares issued as a result of dividend reinvestment plan, Number of shares		1.2	1.3	2.7	2.2
Purchase of shares for cancellation and other, Number of Shares			(7.8)		(12)
Balance as at end of period		1,820.4	1,803.7	1,820.4	1,803.7
Balance as at beginning of period	[1]	$ 22,645	$ 21,773	$ 22,487	$ 21,713
Proceeds from shares issued on exercise of stock options, Amount	[1]	44	12	90	53
Shares issued as a result of dividend reinvestment plan, Amount		101	74	213	143
Purchase of shares for cancellation and other, Amount	[1]		(93)		(143)
Balance as at end of period	[1]	$ 22,790	$ 21,766	$ 22,790	$ 21,766
[1]	Certain comparative amounts have been reclassified to conform with the presentation adopted in the current period.

Equity - Summary of Classes o_2

Equity - Summary of Classes of Share Capital - Preferred Shares (Detail) - CAD ($) shares in Millions, $ in Millions		3 Months Ended			6 Months Ended
		Apr. 30, 2021		Apr. 30, 2020	Apr. 30, 2021		Apr. 30, 2020
Disclosure of classes of share capital [line items]
Balance as at beginning of period					$ 95,499
Balance as at end of period		$ 94,515			$ 94,515
Issued capital [member] | Preferred shares [member]
Disclosure of classes of share capital [line items]
Balance as at beginning of period		226		232	226		232
Redemption of shares, Number of shares		(28)		0	(28)		0
Balance as at end of period		198		232	198		232
Balance as at beginning of period	[1]	$ 5,650		$ 5,800	$ 5,650		$ 5,800
Redemption of shares, amount		(700)	[1]	0	(700)	[1]	0
Balance as at end of period	[1]	$ 4,950		$ 5,800	$ 4,950		$ 5,800
[1]	Certain comparative amounts have been reclassified to conform with the presentation adopted in the current period.

Equity - Summary of Classes o_3

Equity - Summary of Classes of Share Capital - Treasure Shares (Detail) - CAD ($) shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Disclosure of classes of share capital [line items]
Balance as at beginning of period				$ 95,499
Balance as at end of period		$ 94,515		$ 94,515
Treasury shares [member] | Common shares [member]
Disclosure of classes of share capital [line items]
Beginning balance, Number of shares		2.5	1.8	0.5	0.6
Purchase of shares, Number of shares		33.4	38.1	78.1	68.6
Sale of shares, Number of shares		(34.2)	(39.6)	(76.9)	(68.9)
Ending balance, Number of shares		1.7	0.3	1.7	0.3
Balance as at beginning of period	[1]	$ (171)	$ (131)	$ (37)	$ (41)
Purchase of shares, Amount	[1]	(2,688)	(2,359)	(5,833)	(4,635)
Sale of shares, Amount	[1]	2,736	2,465	5,747	4,651
Balance as at end of period	[1]	$ (123)	$ (25)	$ (123)	$ (25)
Treasury shares [member] | Preferred shares [member]
Disclosure of classes of share capital [line items]
Beginning balance, Number of shares		0.2	0.3	0.1	0.3
Purchase of shares, Number of shares		1.8	1.8	3.3	3.6
Sale of shares, Number of shares		(1.8)	(1.9)	(3.2)	(3.7)
Ending balance, Number of shares		0.2	0.2	0.2	0.2
Balance as at beginning of period	[1]	$ (4)	$ (7)	$ (4)	$ (6)
Purchase of shares, Amount	[1]	(45)	(31)	(79)	(69)
Sale of shares, Amount	[1]	44	35	78	72
Balance as at end of period	[1]	$ (5)	$ (3)	$ (5)	$ (3)
[1]	Certain comparative amounts have been reclassified to conform with the presentation adopted in the current period.

Equity - Summary of Classes o_4

Equity - Summary of Classes of Share Capital - Preferred Shares (Parenthetical) (Detail) - Preferred shares class A series 12 [member] $ / shares in Units, shares in Millions, $ in Millions	6 Months Ended
	Apr. 30, 2021CAD ($)$ / sharesshares
Disclosure of classes of share capital [line items]
Number of shares | shares	28
Redemption price per share | $ / shares	$ 25
Total redemption costs | $	$ 700

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Detail) - Stock Option Awards [member] $ / shares in Units, pure in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2021USD ($)	Apr. 30, 2020USD ($)	Apr. 30, 2021USD ($)$ / shares	Apr. 30, 2020USD ($)$ / shares
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Compensation Expense | $	$ 5.9	$ 3.1	$ 15.9	$ 7
Granted	0	0	2.2	2.1
Weighted average fair value of options granted | $ / shares			$ 8.90	$ 5.55

Share-based Compensation - Sche

Share-based Compensation - Schedule of Assumptions Used for Estimating the Fair Value of Options (Detail) - Options [member]	6 Months Ended
	Apr. 30, 2021yr$ / shares	Apr. 30, 2020yr$ / shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Risk-free interest rate	0.71%	1.59%
Option contractual life | yr	10	10
Expected volatility	18.50%	12.90%
Expected dividend yield	3.61%	3.50%
Exercise price/share price | $ / shares	$ 71.88	$ 72.84

Employee Benefits - Summary of

Employee Benefits - Summary of Employee Benefit Plans' Obligations, Assets and Funded Status (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Disclosure of defined benefit plans [line items]
Total	$ 133	$ 129	$ 305	$ 290
Principal pension plans [member]
Disclosure of defined benefit plans [line items]
Service cost - benefits earned	131	117	261	234
Net interest cost on net defined benefit liability	6	3	12	7
Defined benefit administrative expenses	2	3	5	5
Total	139	123	278	246
Principal post retirement benefit plan [member]
Disclosure of defined benefit plans [line items]
Service cost - benefits earned	3	4	5	8
Net interest cost on net defined benefit liability	2	4	5	9
Total	5	8	10	17
Other pension and post retirement benefit plans [member]
Disclosure of defined benefit plans [line items]
Service cost - benefits earned	2	2	4	4
Net interest cost on net defined benefit liability	5	7	10	14
Past service cost (credit)			1
Defined benefit administrative expenses	1	2	2	3
Total	$ 8	$ 11	$ 17	$ 21

Employee Benefits - Summary o_2

Employee Benefits - Summary of Expenses for Bank's Defined Contribution Plans (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Disclosure of defined benefit plans [line items]
Defined Contribution Plan Expenses	$ 133	$ 129	$ 305	$ 290
Defined contribution pension plans [member]
Disclosure of defined benefit plans [line items]
Defined Contribution Plan Expenses	42	41	94	85
Government pension plans [member]
Disclosure of defined benefit plans [line items]
Defined Contribution Plan Expenses	$ 91	$ 88	$ 211	$ 205

Employee Benefits - Summary o_3

Employee Benefits - Summary of Remeasurement of Defined Benefit Plans (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Principal pension plans [member]
Disclosure of defined benefit plans [line items]
Actuarial gains (losses) - defined benefit plan obligations	$ 1,143	$ 318	$ 1,390	$ (111)
Actuarial gains (losses) - return on plan assets less interest income	(85)	(348)	217	(89)
Total	1,058	(30)	1,607	(200)
Principal post retirement benefit plan [member]
Disclosure of defined benefit plans [line items]
Actuarial gains (losses) - defined benefit plan obligations	38	42	42	6
Total	$ 38	$ 42	$ 42	$ 6

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) $ in Millions	6 Months Ended
	Apr. 30, 2021CAD ($)
Disclosure of Income Tax [Line items]
Additional Income Tax and Interest reassessed	$ 1,099
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 [member] | Two thousand eleven to two thousand fifteen taxation years [member]
Disclosure of Income Tax [Line items]
Additional Income Tax and Interest reassessed	34
Revenu Quebec Agency [member] | Two thousand fifteen taxation years [member]
Disclosure of Income Tax [Line items]
Additional Income Tax and Interest reassessed	8
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

Earnings Per Share - Summary of

Earnings Per Share - Summary of Earnings Per Share (Detail) - CAD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Basic earnings per share
Net income attributable to common shareholders	$ 3,630	$ 1,447	$ 6,842	$ 4,369
Weighted-average number of common shares outstanding (millions)	1,817.4	1,803	1,815.7	1,807
Basic earnings per share (Canadian dollars)	$ 2	$ 0.80	$ 3.77	$ 2.42
Diluted earnings per share
Net income attributable to common shareholders	$ 3,630	$ 1,447	$ 6,842	$ 4,369
Net income available to common shareholders including impact of dilutive securities	$ 3,630	$ 1,447	$ 6,842	$ 4,369
Weighted-average number of common shares outstanding (millions)	1,817.4	1,803	1,815.7	1,807
Stock options potentially exercisable (millions)	2.5	1.4	2.1	2
Weighted-average number of common shares outstanding - diluted (millions)	1,819.9	1,804.4	1,817.8	1,809
Diluted earnings per share (Canadian dollars)	$ 1.99	$ 0.80	$ 3.76	$ 2.42

Earnings Per Share - Summary _2

Earnings Per Share - Summary of Earnings Per Share (Parenthetical) (Detail) - $ / shares shares in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Earnings per share [abstract]
Average outstanding options excluded from calculation of diluted earnings per share	0	7.8	0	5.3
Weighted-average exercise price of average outstanding options excluded from the calculation of diluted earnings per share	$ 0	$ 70.16	$ 0	$ 71.42

Contingent Liabilities - Additi

Contingent Liabilities - Additional Information (Detail) - Litigation and other provision [member] - CAD ($)	Apr. 30, 2021	Oct. 31, 2020
Bottom of range [member]
Disclosure of contingent liabilities [line items]
Bank's reasonable possible losses	$ 0	$ 0
Top of range [member]
Disclosure of contingent liabilities [line items]
Bank's reasonable possible losses	$ 1,400,000,000	$ 951,000,000

Segmented Information - Summary

Segmented Information - Summary of Results by Business Segment (Detail) - CAD ($) $ in Millions		3 Months Ended		6 Months Ended
		Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020	Oct. 31, 2020
Disclosure of operating segments [line items]
Net interest income (loss)		$ 5,835	$ 6,200	$ 11,865	$ 12,369
Non-interest income (loss)		4,393	4,328	9,175	8,768
Total revenue		10,228	10,528	21,040	21,137
Provision for (recovery of) credit losses		(377)	3,218	(64)	4,137
Insurance claims and related expenses		441	671	1,221	1,451
Non-interest expenses		5,729	5,121	11,513	10,588
Income (loss) before income taxes and share of net income from investment in Schwab and TD Ameritrade		4,435	1,518	8,370	4,961
Provision for (recovery of) income taxes		962	250	1,789	909
Net income	[1],[2]	3,695	1,515	6,972	4,504
Total assets		1,669,058	1,673,745	1,669,058	1,673,745	$ 1,715,865
Schwab and TD Ameritrade [member]
Disclosure of operating segments [line items]
Share of net income from investment in Schwab and TD Ameritrade		222	247	391	452
Canadian Retail [member]
Disclosure of operating segments [line items]
Net interest income (loss)		2,873	3,002	5,851	6,169
Non-interest income (loss)		3,189	3,021	6,556	6,109
Total revenue		6,062	6,023	12,407	12,278
Provision for (recovery of) credit losses		(37)	1,153	105	1,544
Insurance claims and related expenses		441	671	1,221	1,451
Non-interest expenses		2,689	2,588	5,343	5,224
Income (loss) before income taxes and share of net income from investment in Schwab and TD Ameritrade		2,969	1,611	5,738	4,059
Provision for (recovery of) income taxes		787	439	1,519	1,098
Net income		2,182	1,172	4,219	2,961
Total assets		486,910	443,828	486,910	443,828
U.S. Retail [member]
Disclosure of operating segments [line items]
Net interest income (loss)		1,950	2,311	3,981	4,507
Non-interest income (loss)		663	491	1,316	1,197
Total revenue		2,613	2,802	5,297	5,704
Provision for (recovery of) credit losses		(213)	1,137	(78)	1,456
Non-interest expenses		1,594	1,680	3,282	3,273
Income (loss) before income taxes and share of net income from investment in Schwab and TD Ameritrade		1,232	(15)	2,093	975
Provision for (recovery of) income taxes		162	(117)	232	(72)
Net income		1,316	336	2,316	1,482
Total assets		550,878	536,865	550,878	536,865
U.S. Retail [member] | Schwab and TD Ameritrade [member]
Disclosure of operating segments [line items]
Share of net income from investment in Schwab and TD Ameritrade		246	234	455	435
Wholesale Banking [member]
Disclosure of operating segments [line items]
Net interest income (loss)		648	493	1,309	850
Non-interest income (loss)		509	768	1,158	1,457
Total revenue		1,157	1,261	2,467	2,307
Provision for (recovery of) credit losses		(63)	374	(43)	391
Non-interest expenses		705	616	1,416	1,268
Income (loss) before income taxes and share of net income from investment in Schwab and TD Ameritrade		515	271	1,094	648
Provision for (recovery of) income taxes		132	62	274	158
Net income		383	209	820	490
Total assets		487,415	554,898	487,415	554,898
Corporate [member]
Disclosure of operating segments [line items]
Net interest income (loss)		364	394	724	843
Non-interest income (loss)		32	48	145	5
Total revenue		396	442	869	848
Provision for (recovery of) credit losses		(64)	554	(48)	746
Non-interest expenses		741	237	1,472	823
Income (loss) before income taxes and share of net income from investment in Schwab and TD Ameritrade		(281)	(349)	(555)	(721)
Provision for (recovery of) income taxes		(119)	(134)	(236)	(275)
Net income		(186)	(202)	(383)	(429)
Total assets		143,855	138,154	143,855	138,154
Corporate [member] | Schwab and TD Ameritrade [member]
Disclosure of operating segments [line items]
Share of net income from investment in Schwab and TD Ameritrade		$ (24)	$ 13	$ (64)	$ 17
[1]	Certain comparative amounts have been reclassified to conform with the presentation adopted in the current period.
[2]	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		3 Months Ended		6 Months Ended
		Apr. 30, 2021	Apr. 30, 2020	Apr. 30, 2021	Apr. 30, 2020
Disclosure of Interest Income Expense [line items]
Interest income	[1]	$ 7,226	$ 9,475	$ 14,836	$ 19,863
Interest expense		1,391	3,275	2,971	7,494
Financial assets amortized cost [member]
Disclosure of Interest Income Expense [line items]
Interest income		6,264	7,331	12,875	15,288
Interest expense		873	1,823	1,915	4,340
Financial assets at fair value through other comprehensive income [member]
Disclosure of Interest Income Expense [line items]
Interest income		133	636	310	1,281
Financial instruments measure at amortized cost and FVOCI [member]
Disclosure of Interest Income Expense [line items]
Interest income		6,397	7,967	13,185	16,569
Interest expense		873	1,823	1,915	4,340
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		829	1,508	1,651	3,294
Interest expense		$ 518	$ 1,452	$ 1,056	$ 3,154
[1]	Includes $6,397 million and $13,185 million, for the three and six months ended April 30, 2021, respectively (three and six months ended April 30, 2020 - $7,967 million and $16,569 million, respectively) which have been calculated based on the effective interest rate method. Refer to Note 19.

Regulatory Capital - Additional

Regulatory Capital - Additional Information (Detail) - Basel III [member]	Apr. 30, 2021	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	Apr. 30, 2021	Oct. 31, 2020
Capital
Common Equity Tier 1 Capital	$ 64,628	$ 62,616
Tier 1 Capital	69,887	69,091
Total Capital	81,924	80,021
Risk-weighted assets used in the calculation of capital ratios	$ 455,010	$ 478,909
Capital and leverage ratios
Common Equity Tier 1 Capital ratio	14.20%	13.10%
Tier 1 Capital ratio	15.40%	14.40%
Total Capital ratio	18.00%	16.70%
Leverage ratio	4.60%	4.50%

Significant and Subsequent Ev_2

Significant and Subsequent Events, and Pending Acquisitions - Additional Information (Detail) - Wells Fargo's Canadian Direct Equipment Finance Business [member] $ in Billions	May 01, 2021CAD ($)
Disclosure of non-adjusting events after reporting period [line items]
Acquisition through business combination, consideration amount	$ 1.5
Net assets	$ 1.4