The Toronto-Dominion Bank (TD) 40-F 2 Dec 21 2021 FY Annual report (Canada) Financial data

Cover

Cover	12 Months Ended
	Oct. 31, 2021shares
Document Information [Line Items]
Document Type	40-F
Amendment Flag	false
Document Registration Statement	false
Document Annual Report	true
Document Period End Date	Oct. 31, 2021
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--10-31
Entity File Number	1-14446
Entity Registrant Name	TORONTO DOMINION BANK
Entity Central Index Key	0000947263
Entity Tax Identification Number	13-5640479
Entity Incorporation, State or Country Code	CA
Entity Address, Address Line One	c/o General Counsel’s Office
Entity Address, Address Line Two	P.O. Box 1
Entity Address, Address Line Three	Toronto-Dominion Centre
Entity Address, City or Town	Toronto
Entity Address, State or Province	ON
Entity Address, Postal Zip Code	M5K 1A2
City Area Code	416
Local Phone Number	308-6963
Title of 12(b) Security	Common Shares
Trading Symbol	TD
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding	1,823,932,636
Annual Information Form	true
Audited Annual Financial Statements	true
Business Contact [Member]
Document Information [Line Items]
Entity Address, Address Line One	31 West 52nd Street
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10019-6101
City Area Code	212
Local Phone Number	827-7000
Contact Personnel Name	Glenn Gibson

Consolidated Balance Sheet

Consolidated Balance Sheet - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
ASSETS
Cash and due from banks	$ 5,931	$ 6,445
Interest-bearing deposits with banks	159,962	164,149
Cash and interest bearing deposits with banks	165,893	170,594
Trading loans, securities, and other (Note 5)	147,590	148,318
Non-trading financial assets at fair value through profit or loss (Note 5)	9,390	8,548
Derivatives (Note 5,11)	54,427	54,242
Financial assets designated at fair value through profit or loss (Note 5,7)	4,564	4,739
Financial assets at fair value through other comprehensive income (Note 5)	79,066	103,285
Total Trading and Non Trading Financial Assets	295,037	319,132
Debt securities at amortized cost, net of allowance for credit losses (Notes 5, 7)	268,939	227,679
Securities purchased under reverse repurchase agreements	167,284	169,162
Loans (Notes 5, 8)
Residential mortgages	268,340	252,219
Consumer instalment and other personal	189,864	185,460
Credit card	30,738	32,334
Business and government	240,070	255,799
Total loans	729,012	725,812
Allowance for loan losses (Note 8)	(6,390)	(8,289)
Loans, net of allowance for loan losses	722,622	717,523
Other
Customers' liability under acceptances	18,448	14,941
Goodwill (Note 14)	16,232	17,148
Other intangibles (Note 14)	2,123	2,125
Land, buildings, equipment, and other depreciable assets (Note 15)	9,181	10,136
Deferred tax assets (Note 25)	2,265	2,444
Amounts receivable from brokers, dealers, and clients	32,357	33,951
Other assets (Note 16)	17,179	18,856
Total other miscellaneous assets	108,897	111,775
Total assets	1,728,672	1,715,865
LIABILITIES
Trading deposits (Notes 5, 17)	22,891	19,177
Derivatives (Note 5, 11)	57,122	53,203
Securitization liabilities at fair value (Note 5, 9)	13,505	13,718
Financial liabilities designated at fair value through profit or loss (Notes 5, 17)	113,988	59,665
Total financial liabilities other than non-trading deposits and other	207,506	145,763
Deposits (Notes 5, 17)
Personal	633,498	625,200
Banks	20,917	28,969
Business and government	470,710	481,164
Total deposits, other than trading	1,125,125	1,135,333
Other
Acceptances	18,448	14,941
Obligations related to securities sold short (Note 5)	42,384	34,999
Obligations related to securities sold under repurchase agreements	144,097	188,876
Securitization liabilities at amortized cost (Note 5, 9)	15,262	15,768
Amounts payable to brokers, dealers, and clients	28,993	35,143
Insurance-related liabilities (Note 22)	7,676	7,590
Other liabilities (Note 18)	28,133	30,476
Total other miscellaneous liabilities	284,993	327,793
Subordinated notes and debentures (Note 5, 19)	11,230	11,477
Total liabilities	1,628,854	1,620,366
EQUITY
Contributed surplus	173	121
Retained earnings	63,944	53,845
Accumulated other comprehensive income (loss)	7,097	13,437
Total equity	99,818	95,499
Total liabilities and equity	1,728,672	1,715,865
Common shares [member]
EQUITY
Issued capital (Note 21)	23,066	22,487
Treasury shares (Note 21)	(152)	(37)
Preferred shares and other equity instruments [member]
EQUITY
Issued capital (Note 21)	5,700	5,650
Preference shares [member]
EQUITY
Treasury shares (Note 21)	(10)	(4)
Schwab [member]
Other
Investment in Schwab (Note 12)	$ 11,112	$ 12,174

Consolidated Statement of Incom

Consolidated Statement of Income - CAD ($) $ in Millions		12 Months Ended
		Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Interest income1 (Note 30)
Loans	[1]	$ 23,959	$ 28,337	$ 31,870
Securities
Interest	[1]	3,721	5,432	7,844
Dividends	[1]	1,594	1,714	1,547
Deposits with banks	[1]	307	350	683
Total interest income	[1]	29,581	35,833	41,944
Interest expense (Note 30)
Deposits		3,742	8,447	13,732
Securitization liabilities		343	379	522
Subordinated notes and debentures		374	426	395
Other		991	2,084	3,474
Total interest expense		5,450	11,336	18,123
Net interest income		24,131	24,497	23,821
Non-interest income
Investment and securities services		6,179	5,341	4,872
Credit fees		1,453	1,400	1,289
Net securities gain (loss) (Note 7)		14	40	78
Trading income (loss)		313	1,404	1,047
Income (loss) from non-trading financial instruments at fair value through profit or loss		228	14	121
Income (loss) from financial instruments designated at fair value through profit or loss		(401)	55	8
Service charges		2,655	2,593	2,885
Card services		2,435	2,154	2,465
Insurance revenue (Note 22)		4,877	4,565	4,282
Other income (loss) (Note 12)		809	1,583	197
Total non-interest income		18,562	19,149	17,244
Total revenue		42,693	43,646	41,065
Provision for (recovery of) credit losses (Note 8)		(224)	7,242	3,029
Insurance claims and related expenses (Note 22)		2,707	2,886	2,787
Non-interest expenses
Salaries and employee benefits		12,378	11,893	11,256
Occupancy, including depreciation		1,882	1,990	1,835
Technology and equipment, including depreciation		1,694	1,634	1,481
Amortization of other intangibles		706	817	800
Communication and marketing		1,203	1,187	1,202
Restructuring charges (recovery)		47	(16)	175
Brokerage-related and sub-advisory fees		427	362	336
Professional, advisory and outside services		1,620	1,451	1,666
Other		3,119	2,286	3,269
Total non-interest expenses		23,076	21,604	22,020
Income before income taxes and share of net income from investment in Schwab and TD Ameritrade		17,134	11,914	13,229
Provision for (recovery of) income taxes (Note 25)		3,621	1,152	2,735
Net income	[2]	14,298	11,895	11,686
Dividend		249	267	252
Net income available to common shareholders and non-controlling interests in subsidiaries		14,049	11,628	11,434
Attributable to:
Common shareholders		$ 14,049	$ 11,628	11,416
Non-controlling interests in subsidiaries				$ 18
Earnings per share (Canadian dollars) (Note 26)
Basic		$ 7.73	$ 6.43	$ 6.26
Diluted		7.72	6.43	6.25
Dividends per common share (Canadian dollars)		$ 3.16	$ 3.11	$ 2.89
Schwab and TD Ameritrade [member]
Non-interest expenses
Share of net income from investment in Schwab and TD Ameritrade (Note 12)		$ 785	$ 1,133	$ 1,192
[1]	Includes $26,217 million for the year ended October 31, 2021 (October 31, 2020 – $32,476 million; October 31, 2019 – $34,828 million), which has been calculated based on the effective interest rate method (EIRM).
[2]	The amounts are net of income tax provisions (recoveries) presented in the following table.

Consolidated Statement of Inc_2

Consolidated Statement of Income (Parenthetical) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Profit or loss [abstract]
Interest income calculated using effective interest rate method	$ 26,217	$ 32,476	$ 34,828

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income - CAD ($) $ in Millions		12 Months Ended
		Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
IFRS Statement [Line Items]
Net income	[1]	$ 14,298	$ 11,895	$ 11,686
Net change in unrealized gains (losses) on financial assets at fair value through other comprehensive income
Change in unrealized gains (losses)	[1]	25	257	73
Reclassification to earnings of net losses (gains)	[1]	(59)	(6)	(31)
Changes in allowance for credit losses recognized in earnings	[1]	1	2	(1)
Net change in unrealized gains (losses) on financial assets at fair value through other comprehensive income	[1]	(33)	253	41
Net change in unrealized foreign currency translation gains (losses) on investments in foreign operations, net of hedging activities
Unrealized gains (losses)	[1]	(6,082)	855	(165)
Reclassification to earnings of net losses (gains)	[1]		(1,531)
Net gains (losses) on hedges	[1]	1,955	(291)	132
Reclassification to earnings of net losses (gains) on hedges	[1]		1,531
Net change in unrealized foreign currency translation gains (losses) on Investments in foreign operations, net of hedging activities	[1]	(4,127)	564	(33)
Net change in gains (losses) on derivatives designated as cash flow hedges
Change in gains (losses)	[1]	(2,411)	3,565	3,459
Reclassification to earnings of losses (gains)	[1]	515	(1,236)	517
Net change in gains (losses) on derivatives designated as cash flow hedges	[1]	(1,896)	2,329	3,976
Items that will not be subsequently reclassified to net income
Actuarial gains (losses) on employee benefit plans	[1]	1,787	(390)	(921)
Change in net unrealized gains (losses) on equity securities designated at fair value through other comprehensive income	[1]	433	(212)	(95)
Gains (losses) from changes in fair value due to own credit risk on financial liabilities designated at fair value through profit or loss	[1]	51	(51)	14
Other comprehensive income that will not be reclassified to profit or loss net of tax	[1]	2,271	(653)	(1,002)
Total other comprehensive income (loss), net of income taxes	[1]	(4,553)	2,466	3,021
Total comprehensive income (loss), net of income taxes	[1]	9,745	14,361	14,707
Attributable to:
Comprehensive income (loss), attributable to shareholders	[1]	9,496	14,094	14,437
Preferred shareholders and other equity instrument holders	[1]	249	267	252
Non-controlling interests in subsidiaries	[1]			18
Income Tax Provisions (Recoveries) in the Interim Consolidated Statement of Comprehensive Income
Change in unrealized gains (losses) on financial assets at fair value through other comprehensive income		2	78	21
Less: Reclassification to earnings of net losses (gains) in respect of financial assets at fair value through other comprehensive income		16	1	(1)
Changes in allowance for credit losses on financial assets at fair value through other comprehensive income recognized in earnings			1
Net gains (losses) on hedges of investments in foreign operations		693	(102)	48
Less: Reclassification to earnings of net losses (gains) on hedges of investments in foreign operations			(545)
Change in gains (losses) on derivatives designated as cash flow hedges		(761)	947	1,235
Less: Reclassification to earnings of losses (gains) on cash flow hedges		(92)	121	(157)
Actuarial gains (losses) on employee benefit plans		635	(140)	(324)
Change in net unrealized gains (losses) on equity securities designated at fair value through other comprehensive income		154	(78)	(35)
Gains (losses) from changes in fair value due to own credit risk on financial liabilities designated at fair value through profit or loss		18	(18)	4
Total income taxes		817	1,111	1,107
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]	$ (768)	$ (27)	$ 39
[1]	The amounts are net of income tax provisions (recoveries) presented in the following table.

Consolidated Statement of Chang

Consolidated Statement of Changes in Equity - CAD ($) $ in Millions	Total		Schwab and TD Ameritrade [member]	[1]	Common shares [member]	Preferred shares and other equity instruments [member]	Issued capital [member]Common shares [member]	Issued capital [member]Preferred shares and other equity instruments [member]	Treasury shares [member]Common shares [member]	Treasury shares [member]Preferred shares and other equity instruments [member]	Contributed Surplus [Member]	Retained earnings [member]	Retained earnings [member]Common shares [member]	Retained earnings [member]Preferred shares and other equity instruments [member]	Accumulated other comprehensive income [member]	Accumulated other comprehensive income [member]Schwab and TD Ameritrade [member]	Accumulated other comprehensive income [member]Reserve of change in fair value of financial liability attributable to change in credit risk of liability [member]	Accumulated other comprehensive income [member]Reserve of exchange differences on translation [member]	Accumulated other comprehensive income [member]Reserve of cash flow hedges [member]	Accumulated other comprehensive income [member]Financial Assets At Fair Value Through Other Comprehensive Income [Member]	Accumulated other comprehensive income [member]Equity Securities At Fair Value Through Other Comprehensive Income [Member]	Equity attributable to owners of parent [member]	Non-controlling interests in subsidiaries [member]
Balance at beginning of year at Oct. 31, 2018							$ 21,221	$ 5,000	$ (144)	$ (7)	$ 193	$ 46,145					$ 0	$ 8,826	$ (2,479)	$ 249	$ 55		$ 993
Disclosure of classes of share capital [line items]
Net premium (discount) on sale of treasury instruments											(22)
Net income attributable to non-controlling interests in subsidiaries	$ 18																						18
Issue of shares and other equity instruments								800
Purchase of shares									(9,782)
Purchase of shares and other equity instruments										(151)
Other comprehensive income (loss)	14	[1]															14
Other comprehensive income (loss)	(33)	[1]																(33)
Other comprehensive income (loss)	3,976	[1]																	3,976
Impact on adoption of IFRS 15, Revenue from Contracts with Customers												(41)
Issuance of stock options, net of options exercised							124				(8)
Redemption of non-controlling interests in subsidiaries																							(1,000)
Sale of shares									9,885
Sale of shares and other equity instruments										152
Shares issued as a result of dividend reinvestment plan							357
Net income attributable to shareholders												11,668
Other comprehensive income (loss)	41	[1]																		42
Other comprehensive income (loss)																					(46)
Shares issued in connection with acquisitions							366
Common dividends													$ (5,262)	$ (252)
Allowance for credit losses	(1)	[1]																		(1)
Reclassification of loss (gain) to retained earnings																					(49)
Purchase of shares for cancellation and other							(355)
Other											(6)												(11)
Share and other equity instrument issue expenses												(9)
Net premium on repurchase of common shares,and redemption of preferred shares and other equity instruments												(1,880)
Actuarial gains (losses) on employee benefit plans	(921)	[1]										(921)
Realized gains (losses) on equity securities designated at fair value through other comprehensive income												49
Redemption of shares and other equity instruments						$ 0
Share of accumulated other comprehensive income (loss) from investment in Schwab and TD Ameritrade			$ 39													$ 27
Balance at end of year at Oct. 31, 2019	87,701						21,713	5,800	(41)	(6)	157	49,497			$ 10,581		14	8,793	1,497	290	(40)	$ 87,701	0
Disclosure of classes of share capital [line items]
Net premium (discount) on sale of treasury instruments											(31)
Net income attributable to non-controlling interests in subsidiaries																							0
Issue of shares and other equity instruments						$ 0
Purchase of shares									(8,752)
Purchase of shares and other equity instruments										(122)
Other comprehensive income (loss)	(51)	[1]															(51)
Other comprehensive income (loss)	564	[1]																564
Other comprehensive income (loss)	2,329	[1]																	2,329
Issuance of stock options, net of options exercised							79				0
Redemption of non-controlling interests in subsidiaries																							0
Sale of shares									8,756
Sale of shares and other equity instruments										124
Shares issued as a result of dividend reinvestment plan							838
Net income attributable to shareholders												11,895
Other comprehensive income (loss)	253	[1]																		251
Other comprehensive income (loss)																					(225)
Shares issued in connection with acquisitions					$ 0
Common dividends													(5,614)	(267)
Allowance for credit losses	2	[1]																		2
Reclassification of loss (gain) to retained earnings																					13
Purchase of shares for cancellation and other							(143)
Other											(5)												0
Net premium on repurchase of common shares,and redemption of preferred shares and other equity instruments												(710)
Actuarial gains (losses) on employee benefit plans	(390)	[1]										(390)
Realized gains (losses) on equity securities designated at fair value through other comprehensive income												(13)
Redemption of shares and other equity instruments								(150)
Impact on adoption of IFRS 16, Leases												(553)
Share of accumulated other comprehensive income (loss) from investment in Schwab and TD Ameritrade			(27)													0
Balance at end of year at Oct. 31, 2020	95,499						22,487	5,650	(37)	(4)	121	53,845			13,437		(37)	9,357	3,826	543	(252)	95,499	0
Disclosure of classes of share capital [line items]
Net premium (discount) on sale of treasury instruments											0
Net income attributable to non-controlling interests in subsidiaries																							0
Issue of shares and other equity instruments								1,750
Purchase of shares									(10,859)
Purchase of shares and other equity instruments										(205)
Other comprehensive income (loss)	51	[1]															51
Other comprehensive income (loss)	(4,127)	[1]																(4,127)
Other comprehensive income (loss)	(1,896)	[1]																	(1,896)
Issuance of stock options, net of options exercised							165				6
Redemption of non-controlling interests in subsidiaries																							0
Sale of shares									10,744
Sale of shares and other equity instruments										199
Shares issued as a result of dividend reinvestment plan							414
Net income attributable to shareholders												14,298
Other comprehensive income (loss)	(33)	[1]																		(34)
Other comprehensive income (loss)																					443
Shares issued in connection with acquisitions					$ 0
Common dividends													$ (5,741)	$ (249)
Allowance for credit losses	1	[1]																		1
Reclassification of loss (gain) to retained earnings																					(10)
Purchase of shares for cancellation and other							0
Other											46												0
Share and other equity instrument issue expenses												(5)
Net premium on repurchase of common shares,and redemption of preferred shares and other equity instruments												(1)
Actuarial gains (losses) on employee benefit plans	1,787	[1]										1,787
Realized gains (losses) on equity securities designated at fair value through other comprehensive income												10
Redemption of shares and other equity instruments								(1,700)
Share of accumulated other comprehensive income (loss) from investment in Schwab and TD Ameritrade			$ (768)													$ (768)
Balance at end of year at Oct. 31, 2021	$ 99,818						$ 23,066	$ 5,700	$ (152)	$ (10)	$ 173	$ 63,944			$ 7,097		$ 14	$ 5,230	$ 1,930	$ 510	$ 181	$ 99,818	$ 0
[1]	The amounts are net of income tax provisions (recoveries) presented in the following table.

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - CAD ($) $ in Millions		12 Months Ended
		Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Cash flows from (used in) operating activities
Net income	[1]	$ 14,298	$ 11,895	$ 11,686
Adjustments to determine net cash flows from (used in) operating activities
Provision for (recovery of) credit losses (Note 8)		(224)	7,242	3,029
Depreciation (Note 15)		1,360	1,324	605
Amortization of other intangibles		706	817	800
Net securities losses (gains) (Note 7)		(14)	(40)	(78)
Deferred taxes (Note 25)		258	(1,065)	(33)
Changes in operating assets and liabilities
Interest receivable and payable (Notes 16, 18)		(288)	(108)	(26)
Securities sold under repurchase agreements		(44,779)	63,020	32,467
Securities purchased under reverse repurchase agreements		1,878	(3,227)	(38,556)
Securities sold short		7,030	5,343	(9,822)
Trading loans and securities		1,177	(2,318)	(18,103)
Loans net of securitization and sales		(3,660)	(39,641)	(41,693)
Deposits		(6,494)	240,648	(52,281)
Derivatives		3,734	(2,196)	9,883
Non-trading financial assets at fair value through profit or loss		(842)	(2,045)	(2,397)
Financial assets and liabilities designated at fair value through profit or loss		54,498	(46,165)	104,693
Securitization liabilities		(719)	2,342	(157)
Current taxes		239	280	(771)
Brokers, dealers, and clients amounts receivable and payable		(4,592)	(1,979)	1,726
Other, including unrealized foreign currency translation (gains) losses		27,348	(1,896)	1,050
Net cash from (used in) operating activities		50,129	229,607	830
Cash flows from (used in) financing activities
Issuance of subordinated notes and debentures (Note 19)			3,000	1,749
Redemption or repurchase of subordinated notes and debentures		(7)	(2,530)	24
Common shares issued, net		145	68	105
Preferred shares and other equity instruments issued		1,745		791
Repurchase of common shares (Note 21)			(847)	(2,235)
Redemption of preferred shares and other equity instruments (Note 21)		(700)	(156)
Sale of treasury shares and other equity instruments		10,943	8,849	10,015
Purchase of treasury shares and other equity instruments (Note 21)		(11,064)	(8,874)	(9,933)
Dividends paid on shares and distributions paid on other equity instruments		(5,555)	(3,660)	(5,157)
Redemption of non-controlling interests in subsidiaries				(1,000)
Distributions to non-controlling interests in subsidiaries				(11)
Repayment of lease liabilities	[2]	(543)	(596)
Net cash from (used in) financing activities		(5,036)	(4,746)	(5,652)
Cash flows from (used in) investing activities
Interest-bearing deposits with banks		(729)	(138,266)	5,169
Activities in financial assets at fair value through other comprehensive income
Purchases		(21,056)	(50,569)	(24,898)
Proceeds from maturities		33,541	49,684	37,835
Proceeds from sales		5,363	11,005	10,158
Activities in debt securities at amortized cost
Purchases		(153,896)	(146,703)	(51,202)
Proceeds from maturities		92,131	51,400	28,392
Proceeds from sales		2,365	1,391	1,418
Net purchases of land, buildings, equipment, other depreciable assets, and other intangibles		(1,129)	(1,261)	(1,385)
Net cash acquired from (paid for) divestitures and acquisitions (Note 13)		(1,858)		(540)
Net cash from (used in) investing activities		(45,268)	(223,319)	4,947
Effect of exchange rate changes on cash and due from banks		(339)	40	3
Net increase (decrease) in cash and due from banks		(514)	1,582	128
Cash and due from banks at beginning of year		6,445	4,863	4,735
Cash and due from banks at end of year		5,931	6,445	4,863
Supplementary disclosure of cash flows from operating activities
Amount of income taxes paid (refunded) during the year		4,071	2,285	3,589
Amount of interest paid during the year		5,878	11,587	18,013
Amount of interest received during the year		28,127	34,262	40,261
Amount of dividends received during the year		1,614	1,675	1,583
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 12)		$ (785)	(1,133)	$ (1,192)
Net gain on sale of the investment in TD Ameritrade (Note 12)			$ (1,491)
[1]	The amounts are net of income tax provisions (recoveries) presented in the following table.
[2]	Prior to the adoption of IFRS 16, payments on finance lease liabilities were included in “Net cash from (used in) operating activities”.

IFRS 7 Disclosure

IFRS 7 Disclosure	12 Months Ended
	Oct. 31, 2021
IFRS 7 Disclosure [Abstract]
IFRS 7 Disclosure	The shaded areas of this MD&A represent a discussion on risk management policies and procedures relating to credit, market, and liquidity risks as required under IFRS 7, Financial Instruments: Disclosures Credit Risk Credit risk is the risk of loss if a borrower or counterparty in a transaction fails to meet its agreed payment obligations. Credit risk is one of the most significant and pervasive risks in banking. Every loan, extension of credit, or transaction that involves the transfer of payments between the Bank and other parties or financial institutions exposes the Bank to some degree of credit risk. The Bank’s primary objective is to be methodical in its credit risk assessment so that the Bank can understand, select, and manage its exposures to reduce significant fluctuations in earnings. The Bank’s strategy is to include central oversight of credit risk in each business, and reinforce a culture of transparency, accountability, independence, and balance. WHO MANAGES CREDIT RISK The responsibility for credit risk management is enterprise-wide. To reinforce ownership of credit risk, credit risk control functions are integrated into each business, but also report to Risk Management. Each business segment’s credit risk control unit is responsible for its credit decisions and must comply with established policies, exposure guidelines, credit approval limits, and policy/limit exception procedures. It must also adhere to established enterprise-wide standards of credit assessment and obtain Risk Management’s approval for credit decisions beyond its discretionary authority. Risk Management is accountable for oversight of credit risk by developing policies that govern and control portfolio risks, and approval of product-specific policies, as required. The Risk Committee oversees the management of credit risk and annually approves certain significant credit risk policies. HOW TD MANAGES CREDIT RISK The Bank’s Credit Risk Management Framework outlines the internal risk and control structure to manage credit risk and includes risk appetite, policies, processes, limits and governance. The Credit Risk Management Framework is maintained by Risk Management and supports alignment with the Bank’s risk appetite for credit risk. Credit risk policies and credit decision-making strategies, as well as the discretionary limits of officers throughout the Bank for extending lines of credit are centrally approved by Risk Management, and the Board where applicable. Limits are established to monitor and control country, industry, product, geographic, and group exposure risks in the portfolios in accordance with enterprise-wide policies. In the Bank’s Retail businesses, the Bank uses established underwriting guidelines (which include collateral and loan-to-value The Bank’s Commercial Banking and Wholesale Banking businesses use credit risk models and policies to establish borrower and facility risk ratings (BRR and FRR), quantify and monitor the level of risk, and facilitate the associated risk management. Risk ratings are also used to determine the amount of credit exposure the Bank is willing to extend to a particular borrower. Management processes are used to monitor country, industry, and borrower or counterparty risk ratings, which include daily, monthly, quarterly, and annual review requirements for credit exposures. The key parameters used in the Bank’s credit risk models are monitored on an ongoing basis. Unanticipated economic or political changes in a foreign country could affect cross-border payments for goods and services, loans, dividends, and trade-related As part of the Bank’s credit risk strategy, the Bank sets limits on the amount of credit it is prepared to extend to specific industry sectors. The Bank monitors its concentration to any given industry to provide for a diversified loan portfolio and to reduce the risk of undue concentration. The Bank manages this risk using limits based on an internal risk rating score that combines TD’s industry risk rating model and industry analysis, and regularly reviews industry risk ratings to assess whether internal ratings properly reflect the risk of the industry. The Bank assigns a maximum exposure limit or a concentration limit to each major industry segment which is a percentage of its total wholesale and commercial private sector exposure. The Bank may also set limits on the amount of credit it is prepared to extend to a particular entity or group of entities, also referred to as “entity risk”. All entity risk is approved by the appropriate decision-making authority using limits based on the entity’s BRR and, for certain portfolios, the risk rating of the industry in which the entity operates. This exposure is monitored on a regular basis. To determine the potential loss that could be incurred under a range of adverse scenarios, the Bank subjects its credit portfolios to stress tests. Stress tests assess vulnerability of the portfolios to the effects of severe but plausible situations, such as an economic downturn or a material market disruption. The Basel Framework The objective of the Basel Framework is to improve the consistency of capital requirements internationally and make required regulatory capital more risk-sensitive. Credit Risk and the Basel Framework The Bank received approval from OSFI to use the Basel AIRB Approach for credit risk, effective November 1, 2007, with certain exemptions. Effective the third quarter of 2020, OSFI approved the use of the AIRB approach for the non-retail To continue to qualify using the AIRB Approach for credit risk, the Bank must meet the ongoing conditions and requirements established by OSFI and the Basel Framework. The Bank regularly assesses its compliance with these requirements. Credit Risk Exposures Subject to the AIRB Approach Banks that adopt the AIRB Approach to credit risk must report credit risk exposures by counterparty type, each having different underlying risk characteristics. These counterparty types may differ from the presentation in the Bank’s 2021 Consolidated Financial Statements. The Bank’s credit risk exposures are divided into two main portfolios, retail and non-retail. Risk Parameters Under the AIRB Approach, credit risk is measured using the following risk parameters: • Probability of default (PD) – the likelihood that the borrower will not be able to meet its scheduled repayments within a one-year • Loss given default (LGD) – the amount of loss the Bank would likely incur when a borrower defaults on a loan, which is expressed as a percentage of exposure at default (EAD). • EAD – the total amount the Bank is exposed to at the time of default. By applying these risk parameters, the Bank can measure and monitor its credit risk to verify that it remains within pre-determined Retail Exposures In the retail portfolio, including individuals and small businesses, the Bank manages exposures on a pooled basis, using predictive credit scoring techniques. There are three sub-types The Bank calculates RWA for its retail exposures using the AIRB Approach. All retail PD, LGD, and EAD parameter models are based exclusively on the internal default and loss performance history for each of the three retail exposure sub-types. Account-level PD, LGD, and EAD models are built for each product portfolio and calibrated based on the observed account-level default and loss performance for the portfolio. Consistent with the AIRB Approach, the Bank defines default for exposures as delinquency of 90 days or more for the majority of retail credit portfolios. LGD estimates used in the RWA calculations reflect economic losses, such as, direct and indirect costs as well as any appropriate discount to account for time between default and ultimate recovery. EAD estimates reflect the historically observed utilization of credit limits at default. PD, LGD, and EAD models are calibrated using established statistical methods, such as logistic and linear regression techniques. Predictive attributes in the models may include account attributes, such as loan size, interest rate, and collateral, where applicable; an account’s previous history and current status; an account’s age on book; a customer’s credit bureau attributes; and a customer’s other holdings with the Bank, and macroeconomic inputs, such as unemployment rate. For secured products such as residential mortgages, property characteristics, loan-to-value All risk parameter estimates are updated on a quarterly basis based on the refreshed model inputs. Parameter estimation is fully automated based on approved formulas and is not subject to manual overrides. Exposures are then assigned to one of nine pre-defined long-run one-year The predictive power of the Bank’s retail credit models is assessed against the most recently available one-year Long-run long-run LGD estimates are required to reflect a downturn scenario. Downturn LGD estimates are generated by using macroeconomic inputs, such as changes in housing prices and unemployment rates expected in an appropriately severe downturn scenario. For unsecured products, downturn LGD estimates reflect the observed lower recoveries for exposures defaulted during the 2008 to 2009 recession. For products secured by residential real estate, such as mortgages and home equity lines of credit, downturn LGD reflects the potential impact of a severe housing downturn. EAD estimates similarly reflect a downturn scenario. The following table maps PD ranges to risk levels: Risk Assessment PD Segment PD Range Low Risk 1 0.00 to 0.15% Normal Risk 2 3 0.16 to 0.41 0.42 to 1.10 Medium Risk 4 5 1.11 to 2.93 2.94 to 4.74 High Risk 6 7 8 4.75 to 7.59 7.60 to 18.24 18.25 to 99.99 Default 9 100.00 Non-Retail In the non-retail non-retail non-retail. The Bank evaluates credit risk for non-retail Internal risk ratings (BRR and FRR) are key to portfolio monitoring and management, and are used to set exposure limits and loan pricing. Internal risk ratings are also used in the calculation of regulatory capital, economic capital, and allowance for credit losses . Borrower Risk Rating and PD Each borrower is assigned a BRR that reflects the PD of the borrower using proprietary models and expert judgment. In assessing borrower risk, the Bank reviews the borrower’s competitive position, financial performance, economic, and industry trends, management quality, and access to f u expected through-the-cycle To calibrate PDs for each BRR band, the Bank computes yearly transition matrices based on annual cohorts and then estimates the average annual PD for each BRR. The PD is set at the average estimation level plus an appropriate adjustment to cover statistical and model uncertainty. The calibration process for PD is a through-the-cycle 21-point Description Rating Category Standard & Poor’s Moody’s Investor Services Investment grade 0 to 1C AAA to AA- Aaa to Aa3 2A to 2C A+ to A- A1 to A3 3A to 3C BBB+ to BBB- Baa1 to Baa3 Non-investment 4A to 4C BB+ to BB- Ba1 to Ba3 5A to 5C B+ to B- B1 to B3 Watch and classified 6 to 8 CCC+ to CC and below Caa1 to Ca and below Impaired/default 9A to 9B Default Default Facility Risk Rating and LGD The FRR maps to LGD and takes into account facility-specific characteristics such as collateral, seniority ranking of debt, and loan structure. Different FRR models are used based on industry and obligor size. Data considered in the calibration of the LGD model includes variables such as collateral coverage, debt structure, and borrower enterprise value. Average LGD and the statistical uncertainty of LGD are estimated for each FRR grade. In some FRR models, lack of historical data requires the model to output a rank-ordering which is then mapped through expert judgment to the quantitative LGD scale. The AIRB Approach stipulates the use of downturn LGD, where the downturn period, as determined by internal and/or external experience, suggests higher than average loss rates or lower than average recovery. To reflect this, calibrated LGDs take into account both the statistical estimation uncertainty and the higher than average LGDs experienced during downturn periods. Exposure at Default The Bank calculates non-retail BRR and drawn ratio up to one-year Historical UGD experience is studied for any downturn impacts, similar to the LGD downturn analysis. The Bank has not found downturn UGD to be significantly different from average UGD, therefore the UGDs are set at the average calibrated level, by drawn ratio and/or BRR, plus an appropriate adjustment for statistical and model uncertainty. Credit Risk Exposures Subject to the Standardized Approach (SA) Currently SA to credit risk is used on exempted portfolios which are either immaterial or expected to wind down. Under SA, the assets are multiplied by risk weights prescribed by OSFI to determine RWA. These risk weights are assigned according to certain factors including counterparty type, product type, and the nature/extent of credit risk mitigation. The Bank uses external credit ratings, including Moody’s and S&P to determine the appropriate risk weight for its exposures to sovereigns (governments, central banks, and certain public sector entities) and banks (regulated deposit-taking institutions, securities firms, and certain public sector entities). The Bank applies the following risk weights to on-balance Sovereign 0 % 1 Bank 20 % 1 Corporate 100 % 1 The risk weight may vary according to the external risk rating. Lower risk weights apply where approved credit risk mitigants exist. Non-retail off-balance Derivative Exposures Credit risk on derivative financial instruments, also known as counterparty credit risk, is the risk of a financial loss occurring as a result of the failure of a counterparty to meet its obligation to the Bank. Derivative-related credit risks are subject to the same credit approval standards that the Bank uses for assessing loans. These standards include evaluating the creditworthiness of counterparties, measuring and monitoring exposures, including wrong-way The Bank uses various qualitative and quantitative methods to measure and manage counterparty credit risk. These include statistical methods to measure the current and future potential risk, as well as ongoing stress testing to identify and quantify exposure under a range of adverse scenarios. The Bank establishes various limits to manage business volumes and concentrations. Risk Management independently measures and monitors counterparty credit risk relative to established credit policies and limits. As part of the credit risk monitoring process, management periodically reviews all exposures, including exposures resulting from derivative financial instruments to higher risk counterparties, and to assess the valuation of underlying financial instruments and the impact evolving market conditions may have on the Bank. To reduce credit risk exposure, the Bank employs mitigation strategies that include master netting agreements, collateral pledging, central clearing houses and other credit risk mitigation techniques. Master netting agreements allow the Bank to offset and arrive at a net obligation amount, whereas collateral agreements allow the Bank to secure the Bank’s exposure. By taking the opposite position to each trade, central clearing houses also reduce bilateral credit risk. There are two types of wrong-way wrong-way wrong-way wrong-way The Bank uses the standardized approach for counterparty credit risk to calculate the EAD amount, which is defined by OSFI as a multiple of the summation of replacement cost and potential future exposure, to e Validation of the Credit Risk Rating System Credit risk rating systems and methodologies are independently validated on a regular basis to verify that they remain accurate predictors of risk. The validation process includes the following considerations: • Risk parameter estimates – PDs, LGDs, and EADs are reviewed and updated against actual loss experience to verify that estimates continue to be reasonable predictors of potential loss. • Model performance – Estimates continue to be discriminatory, stable, and predictive. • Data quality – Data used in the risk rating system is accurate, appropriate, and sufficient. • Assumptions – Key assumptions underlying the development of the model remain valid for the current portfolio and environment. Risk Management verifies that the credit risk rating system complies with the Bank’s Model Risk Policy. At least annually, the Risk Committee is informed of the performance of the credit risk rating system. The Risk Committee must approve any material changes to the Bank’s credit risk rating system. Credit Risk Mitigation The techniques the Bank uses to reduce or mitigate credit risk include written policies and procedures to value and manage financial and non-financial In the Retail and Commercial banking businesses, security for loans is primarily non-financial Non-investment The Bank also uses collateral, master netting agreements and central clearing houses to mitigate derivative counterparty exposure. Security for derivative exposures is primarily financial and includes cash and negotiable securities issued by highly rated governments and investment grade issuers. This approach includes pre-defined securities. In all but exceptional situations, the Bank secures collateral by taking possession and controlling it in a jurisdiction where it can legally enforce its collateral rights. In exceptional situations and when demanded by the Bank’s counterparty, the Bank holds or pledges collateral with an acceptable third-party custodian. The Bank documents all such third-party Occasionally, the Bank may take guarantees to reduce the risk in credit exposures. For credit risk exposures subject to the AIRB approach, the Bank only recognizes irrevocable guarantees for Commercial Banking and Wholesale Banking credit exposures that are provided by entities with a better risk rating than that of the borrower or counterparty to the transaction. The Bank makes use of credit derivatives to mitigate credit risk. The credit, legal, and other risks associated with these transactions are controlled through well-established procedures. The Bank’s policy is to enter into these transactions with investment grade financial institutions and transact on a collateralized basis. Credit risk to these counterparties is managed through the same approval, limit, and monitoring processes the Bank uses for all counterparties for which it has credit exposure. The Bank uses appraisals and automated valuation models (AVMs) to support property values when adjudicating loans collateralized by residential real property. AVMs are computer-based tools used to estimate or validate the market value of residential real property using market comparables and price trends for local market areas. The primary risk associated with the use of these tools is that the value of an individual property may vary significantly from the average for the market area. The Bank has specific risk management guidelines addressing the circumstances when they may be used, and processes to periodically validate AVMs including obtaining third-party appraisals. Other Credit Risk Exposures Non-trading The Bank applies the simple risk weight method under the market-based approach to calculate RWA on the non-trading Securitization Exposures Effective November 1, 2018, the Bank applies risk weights to all securitization exposures under the revised securitization framework published by OSFI. The revised securitization framework includes a hierarchy of approaches to determine capital treatment, and transactions that meet the simple, transparent, and comparable requirements that are eligible for preferential capital treatment. Effective the second quarter of 2021, the Bank began using the SEC-IRBA SEC-IRBA, SEC-IRBA For externally rated exposures that do not qualify for SEC-IRBA, (SEC-ERBA). SEC-ERBA For exposures that do not qualify for SEC-IRBA SEC-ERBA, Under the IAA, the Bank considers all relevant risk factors in assessing the credit quality of these exposures, including those published by the Moody’s and S&P rating agencies. The Bank also uses loss coverage models and policies to quantify and monitor the level of risk, and facilitate its management. The Bank’s IAA process includes an assessment of the extent by which the enhancement available for loss protection provides coverage of expected losses. The levels of stressed coverage the Bank requires for each internal risk rating are consistent with the rating agencies’ published stressed factor requirements for equivalent external ratings by asset class. Under the IAA, exposures are multiplied by OSFI prescribed risk weights to calculate RWA for capital purposes. For exposures that do not qualify for SEC-IRBA, SEC-ERBA (SEC-SA). SEC-SA, Irrespective of the approach being used to determine the risk weights, all exposures are assigned an internal risk rating based on the Bank’s assessment, which must be reviewed at least annually. The ratings scale TD uses corresponds to the long-term ratings scales used by the rating agencies. The Bank’s internal rating process is subject to all of the key elements and principles of the Bank’s risk governance structure, and is managed in the same way as outlined in this “Credit Risk” section. The Bank uses the results of the internal rating in all aspects of its credit risk management, including performance tracking, control mechanisms, and management reporting. Market Risk Trading Market Risk is the risk of loss in financial instruments held in trading positions due to adverse movements in market factors. These market factors include interest rates, foreign exchange rates, equity prices, commodity prices, credit spreads, and their respective volatilities. Non-Trading non-trading The Bank is exposed to market risk in its trading and investment portfolios, as well as through its non-trading non-trading The Bank complied with the Basel III market risk requirements as at October 31, 2021, using the Internal Models Approach. MARKET RISK IN TRADING ACTIVITIES The overall objective of the Bank’s trading businesses is to provide wholesale banking services, including facilitation and liquidity, to clients of the Bank. The Bank must take on risk in order to provide effective service in markets where its clients trade. In particular, the Bank needs to hold inventory, act as principal to facilitate client transactions, and underwrite new issues. The Bank also trades in order to have in-depth WHO MANAGES MARKET RISK IN TRADING ACTIVITIES Primary responsibility for managing market risk in trading activities lies with Wholesale Banking, with oversight from Market Risk Control within Risk Management. The Market Risk Control Committee meets regularly to conduct a review of the market risk profile, trading results of the Bank’s trading businesses as well as changes to market risk policies. The committee is chaired by the Senior Vice President, Market Risk and Model Development, and includes Wholesale Banking senior management. There were no significant reclassifications between trading and non-trading HOW TD MANAGES MARKET RISK IN TRADING ACTIVITIES Market risk plays a key part in the assessment of any trading business strategy. The Bank launches new trading initiatives or expands existing ones only if the risk has been thoroughly assessed, and is judged to be within the Bank’s risk appetite and business expertise, and if the appropriate infrastructure is in place to monitor, control, and manage the risk. The Trading Market Risk Framework outlines the management of trading market risk and incorporates risk appetite, risk governance structure, risk identification, measurement, and control. The Trading Market Risk Framework is maintained by Risk Management and supports alignment with the Bank’s Risk Appetite for trading market risk. Trading Limits The Bank sets trading limits that are consistent with the approved business strategy for each business and its tolerance for the associated market risk, aligned to its market risk appetite. In setting limits, the Bank takes into account market volatility, market liquidity, organizational experience, and business strategy. Limits are prescribed at the Wholesale Banking level in aggregate, as well as at more granular levels. The core market risk limits are based on the key risk drivers in the business and includes notional, credit spread, yield curve shift, price, and volatility limits. Another primary measure of trading limits is VaR, which the Bank uses to monitor and control overall risk levels and to calculate the regulatory capital required for market risk in trading activities. VaR measures the adverse impact that potential changes in market rates and prices could have on the value of a portfolio over a specified period of time. At the end of each day, risk positions are compared with risk limits, and any excesses are reported in accordance with established market risk policies and procedures. Calculating VaR The Bank computes total VaR on a daily basis by combining the General Market Risk (GMR) and Idiosyncratic Debt Specific Risk (IDSR) associated with 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 IDSR measures idiosyncratic (single-name) credit spread risk for credit exposures in the trading portfolio using Monte Carlo simulation. The IDSR model is based on the historical behaviour of five-year idiosyncratic credit spreads. Similar to GMR, IDSR is computed as the threshold level that portfolio losses are not expected to exceed more than one out of every 100 trading days. IDSR is measured for a ten-day The following graph discloses daily one-day VaR is a valuable risk measure but it should be used in the context of its limitations, for example: • VaR uses historical data to estimate future events, which limits its forecasting abilities; • it does not provide information on losses beyond the selected confidence level; and • it assumes that all positions can be liquidated during the holding period used for VaR calculation. The Bank continuously improves its VaR methodologies and incorporates new risk measures in line with market conventions, industry best practices, and regulatory requirements. In 2021, the Bank implemented infrastructure enhancements to its interest rate VaR modelling. To mitigate some of the shortcomings of VaR, the Bank uses additional metrics designed for risk management and capital purposes. These include Stressed VaR, Incremental Risk Charge (IRC), Stress Testing Framework, as well as limits based on the sensitivity to various market risk factors. Calculating Stressed VaR (SVaR) In addition to VaR, the Bank also calculates Stressed VaR, which includes Stressed GMR and Stressed IDSR. Stressed VaR is designed to measure the adverse impact that potential changes in market rates and prices could have on the value of a portfolio over a specified period of stressed market conditions. Stressed VaR is determined using similar techniques and assumptions in GMR and IDSR VaR. However, instead of using the most recent 259 trading days (one year), the Bank uses a selected year of stressed market conditions. In the fourth quarter of fiscal 2021, Stressed VaR was calculated using the one-year one-year 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. The Bank applies a Monte Carlo simulation with a one-year The following table presents the end of year, average, high, and low usage of TD’s portfolio metrics . TABLE 44: PORTFOLIO MARKET RISK MEASURES (millions of Canadian dollars) 2021 2020 As at Average High Low As at Average High Low Interest rate risk $ 11.9 $ 15.7 $ 33.5 $ 6.8 $ 20.6 $ 19.1 $ 36.8 $ 7.6 Credit spread risk 9.0 14.7 37.2 5.4 37.3 35.1 109.3 6.9 Equity risk 9.2 9.5 14.1 6.0 12.0 12.7 42.8 3.5 Foreign exchange risk 1.8 1.9 5.3 0.4 4.0 3.9 10.4 0.9 Commodity risk 4.7 4.7 9.4 1.9 3.8 3.7 7.9 1.2 Idiosyncratic debt specific risk 19.4 26.2 41.9 16.5 48.9 37.0 69.5 10.9 Diversification effect 1 (32.9 ) (42.8 ) n/m 2 n/m (75.2 ) (64.9 ) n/m n/m Total Value-at-Risk (one-day) 23.1 29.9 44.7 20.6 51.4 46.6 118.8 15.1 Stressed Value-at-Risk (one-day) 63.9 39.5 63.9 28.5 49.5 57.4 126.9 31.3 Incremental Risk Capital Charge (one-year) 338.3 349.5 424.3 265.1 301.6 325.2 482.9 164.8 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. Global roll-out COVID-19 259-day The Bank has effectively managed market risk by maintaining stable risk exposures, with daily VaR remaining well within approved limits during the year. Average VaR decreased year over year due to markets stabilizing and COVID-19 one-year Average IRC increased year over year driven by widening credit spreads impacting Government and Corporate bond positions. Validation of VaR Model The Bank uses a back-testing process to compare the actual and theoretical profit and losses to VaR to verify that they are consistent with the statistical results of the VaR model. The theoretical profit or loss is generated using the daily price movements on the assumption that there is no change in the composition of the portfolio. Validation of the IRC model must follow a different approach since the one-year Stress Testing The Bank’s trading business is subject to an overall global stress test limit. In addition, global businesses have stress test limits, and each broad risk class has an overall stress test threshold. Stress scenarios are designed to model extreme economic events, replicate worst-case historical experiences, or introduce severe, but plausible, hypothetical changes in key market risk factors. The stress testing program includes scenarios developed using actual historical market data during periods of market disruption, in addition to hypothetical scenarios developed by Risk Management. The events the Bank has modelled include the 1987 equity market crash, the 1998 Russian debt default crisis, the aftermath of September 11, 2001, the 2007 ABCP crisis, the credit crisis of Fall 2008, the Brexit referendum of June 2016, and the COVID-19 Stress tests are produced and reviewed regularly with the Market Risk Control Committee. MARKET RISK IN OTHER WHOLESALE BANKING ACTIVITIES The Bank is also exposed to market risk arising from its investment portfolio and other non-trading Structural (Non-Trading) Structural (Non-Trading) WHO MANAGES STRUCTURAL (NON-TRADING) The TBSM group measures and manages the market risks of the Bank’s non-trading non-trading HOW TD MANAGES STRUCTURAL (NON-TRADING) Non-trading non-productive Managing Structural Interest Rate Risk Interest rate risk is the impact that changes in interest rates could have on the Bank’s margins, earnings, and economic value. Interest rate risk management is designed to generate stable and predictable earnings over time. The Bank has adopted a disciplined hedging approach to manage the net interest income from its asset and liability positions. Key aspects of this approach are: • Evaluating and managing the impact of rising or falling interest rates on net interest income and economic value, and developing strategies to manage overall sensitivity to rates across varying interest rate scenarios; • Modelling the expected impact of customer behaviour on TD’s products (e.g., how actively customers exercise embedded options, such as prepaying a loan or redeeming a deposit before its maturity date); • Assigning target-modelled maturity profiles for non-maturity • Measuring the margins of TD’s banking products on a fully-hedged basis, including the impact of financial options that are granted to customers; and • Developing and implementing strategies to stabilize net interest income from all retail and commercial banking products. The Bank is exposed to interest rate risk from “mismatched positions” when asset and liability principal and interest cash fl

Nature of Operations

Nature of Operations	12 Months Ended
	Oct. 31, 2021
Nature Of Operations
Nature of Operations	NOTE 1: NATURE OF OPERATIONS CORPORATE INFORMATION The Toronto-Dominion Bank is a bank chartered under the Bank Act Bank Act BASIS OF PREPARATION The accompanying Consolidated Financial Statements and accounting principles followed by the Bank have been prepared in accordance with International Financial Reporting Standards (IFRS), as issued by the International Accounting Standards Board (IASB), including the accounting requirements of the Office of the Superintendent of Financial Institutions Canada (OSFI). The Consolidated Financial Statements are presented in Canadian dollars, unless otherwise indicated. These Consolidated Financial Statements were prepared using the accounting policies as described in Notes 2 and 4. Certain comparative amounts have been revised to conform with the presentation adopted in the current period. The preparation of the Consolidated Financial Statements requires that management make judgments, estimates, and assumptions regarding the reported amount of assets, liabilities, revenue and expenses, and disclosure of contingent assets and liabilities, as further described in Note 3. Accordingly, actual results may differ from estimated amounts as future confirming events occur. The accompanying Consolidated Financial Statements of the Bank were approved and authorized for issue by the Bank’s Board of Directors, in accordance with a recommendation of the Audit Committee, on December 1, 2021. Certain disclosures are included in the shaded sections of the “Managing Risk” section of the accompanying 2021 Management’s Discussion and Analysis (MD&A), as permitted by IFRS, and form an integral part of the Consolidated Financial Statements .

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Summary of Significant Accounting Policies	NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF CONSOLIDATION The Consolidated Financial Statements include the assets, liabilities, results of operations, and cash flows of the Bank and its subsidiaries including certain structured entities which it controls. The Bank’s Consolidated Financial Statements have been prepared using uniform accounting policies for like transactions and events in similar circumstances. All intercompany transactions, balances, and unrealized gains and losses on transactions are eliminated on consolidation. Subsidiaries Subsidiaries are corporations or other legal entities controlled by the Bank, generally through directly holding more than half of the voting power of the entity. Control of subsidiaries is determined based on the power exercisable through ownership of voting rights and is generally aligned with the risks and/or returns (collectively referred to as “variable returns”) absorbed from subsidiaries through those voting rights. As a result, the Bank controls and consolidates subsidiaries when it holds the majority of the voting rights of the subsidiary, unless there is evidence that another investor has control over the subsidiary. The existence and effect of potential voting rights that are currently exercisable or convertible are considered in assessing whether the Bank controls an entity. Subsidiaries are consolidated from the date the Bank obtains control and continue to be consolidated until the date when control ceases to exist. The Bank may consolidate certain subsidiaries where it owns 50% or less of the voting rights. Most of those subsidiaries are structured entities as described in the following section. Structured Entities Structured entities are entities that are created to accomplish a narrow and well-defined objective. Structured entities may take the form of a corporation, trust, partnership, or unincorporated entity. They are often created with legal arrangements that impose limits on the decision-making • The Bank has the power to direct the activities of the structured entity that have the most significant impact on the entity’s risks and/or returns; • The Bank is exposed to significant variable returns arising from the entity; and • The Bank has the ability to use its power to affect the risks and/or returns to which it is exposed. Consolidation conclusions are reassessed at the end of each financial reporting period. The Bank’s policy is to consider the impact on consolidation of all significant changes in circumstances, focusing on the following: • Substantive changes in ownership, such as the purchase or disposal of more than an insignificant additional interest in an entity; • Changes in contractual or governance arrangements of an entity; • Additional activities undertaken, such as providing a liquidity facility beyond the original terms or entering into a transaction not originally contemplated; or • Changes in the financing structure of an entity. Investments in Associates and Joint Ventures Entities over which the Bank has significant influence are associates and entities over which the Bank has joint control are joint ventures. Significant influence is the power to participate in the financial and operating policy decisions of an investee, but is not control or joint control over these entities. Significant influence is presumed to exist where the Bank holds between 20% and 50% of the voting rights of an entity. Significant influence may also exist where the Bank holds less than 20% of the voting rights and has influence over financial and operating policy-making processes, through board representation and significant commercial arrangements. Associates and joint ventures are accounted for using the equity method of accounting. Investments in associates and joint ventures are carried on the Consolidated Balance Sheet initially at cost and increased or decreased to recognize the Bank’s share of the profit or loss of the associate or joint venture, capital transactions, including the receipt of any dividends, and write-downs to reflect any impairment in the value of such entities. These increases or decreases, together with any gains and losses realized on disposition, are reported on the Consolidated Statement of Income. The carrying amount of the investments also includes the Bank’s share of the investee’s other comprehensive income or loss, which is reported in the relevant section of the Consolidated Statement of Comprehensive Income. At each balance sheet date, the Bank assesses whether there is any objective evidence that the investment in an associate or joint venture is impaired. The Bank calculates the amount of impairment as the difference between the higher of fair value or value-in-use Non-controlling When the Bank does not own all of the equity of a consolidated entity, the minority shareholders’ interest is presented on the Consolidated Balance Sheet as Non-controlling CASH AND DUE FROM BANKS Cash and due from banks consist of cash and amounts due from banks which are issued by investment grade financial institutions. These amounts are due on demand or have an original maturity of three months or less. REVENUE RECOGNITION Revenue is recognized at an amount that reflects the consideration the Bank expects to be entitled to in exchange for transferring services to a customer, excluding amounts collected on behalf of third parties. The Bank recognizes revenue when it transfers control of a good or a service to a customer at a point in time or over time. The determination of when performance obligations are satisfied requires the use of judgment. Refer to Note 3 for further details. The Bank identifies contracts with customers subject to IFRS 15, which create enforceable rights and obligations. The Bank determines the performance obligations based on distinct services promised to the customers in the contracts. The Bank’s contracts generally have a term of one year or less, consist of a single performance obligation, and the performance obligations generally reflect services. For each contract, the Bank determines the transaction price, which includes estimating variable consideration and assessing whether the price is constrained. Variable consideration is included in the transaction price to the extent that it is highly probable that a significant reversal of the amount will not occur when the uncertainty associated with the amount of variable consideration is subsequently resolved. As such, the estimate of the variable consideration is constrained until the end of the invoicing period. The uncertainty is generally resolved at the end of the reporting period and as such, no significant judgment is required when recognizing variable consideration in revenues. The Bank’s receipt of payment from customers generally occurs subsequent to the satisfaction of performance obligations or a short time thereafter. As such, the Bank has not recognized any material contract assets (unbilled receivables) or contract liabilities (deferred revenues) and there is no significant financing component associated with the consideration due to the Bank. When another party is involved in the transfer of services to a customer, an assessment is made to evaluate whether the Bank is the principal such that revenues are reported on a gross basis or the agent such that revenues are reported on a net basis. The Bank is the principal when it controls the services in the contract promised to the customer before they are transferred. Control is demonstrated by the Bank being primarily responsible for fulfilling the transfer of the services to the customer, having discretion in establishing pricing of the services, or both. Investment and securities services Investment and securities services income include asset management fees, administration and commission fees, and investment banking fees. The Bank recognizes asset management and administration fees based on time elapsed, which depicts the rendering of investment management and related services over time. The fees are primarily calculated based on average daily or point in time assets under management (AUM) or assets under administration (AUA) depending on the investment mandate. Commission fees include sales, trailer and brokerage commissions. Sales and brokerage commissions are generally recognized at a point in time when the transaction is executed. Trailer commissions are recognized over time and are generally calculated based on the average daily net asset value of the fund during the period. Investment banking fees include advisory fees and underwriting fees and are generally recognized at a point in time upon successful completion of the engagement. Credit fees Credit fees include liquidity fees, restructuring fees, letter of credit fees, and loan syndication fees. Liquidity, restructuring, and letter of credit fees are recognized in income over the period in which the service is provided. Loan syndication fees are generally recognized at a point in time upon completion of the financing placement. Service charges Service charges income is earned on personal and commercial deposit accounts and consists of account fees and transaction-based service charges. Account fees relate to account maintenance activities and are recognized in income over the period in which the service is provided. Transaction-based service charges are recognized as earned at a point in time when the transaction is complete. Card services Card services income includes interchange income as well as card fees such as annual and transactional fees. Interchange income is recognized at a point in time when the transaction is authorized and funded. Card fees are recognized as earned at the transaction date with the exception of annual fees, which are recognized over a twelve-month period. FINANCIAL INSTRUMENTS Interest Rate Benchmark Reform Phase 1 The Bank adopted Interest Rate Benchmark Reform, Amendments to IFRS 9, IAS 39 and IFRS 7 Refer to Note 4 for details of Interest Rate Benchmark Reform – Phase 2, Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 Classification and Measurement of Financial Assets The Bank classifies its financial assets into the following categories: • Amortized cost; • Fair value through other comprehensive income (FVOCI); • Held-for-trading; • Non-trading • Designated at FVTPL. The Bank recognizes financial assets on a settlement date basis, except for derivatives and securities, which are recognized on a trade date basis. Debt Instruments The classification and measurement for debt instruments is based on the Bank’s business models for managing its financial assets and whether the contractual cash flows represent solely payments of principal and interest (SPPI). Refer to Note 3 for judgment with respect to the determination of the Bank’s business models and whether contractual cashflows represent SPPI. The Bank has determined its business models as follows: • Held-to-collect: • Held-to-collect-and-sell: • Held-for-sale The Bank performs the SPPI test for financial assets held within the held-to-collect held-to-collect-and-sell non-trading Debt Securities and Loans Measured at Amortized Cost Debt securities and loans held within a held-to-collect Impairment – Expected Credit Loss Model Debt Securities and Loans Measured at Fair Value through Other Comprehensive Income Debt securities and loans held within a held-to-collect-and-sell Impairment – Expected Credit Loss Model Financial Assets Held-for-Trading The held-for-sale Trading portfolio assets are accounted for at fair value, with changes in fair value as well as any gains or losses realized on disposal recognized in trading income (loss). Transaction costs are expensed as incurred. Dividends are recognized on the ex-dividend Non-Trading Non-trading held-for-sale held-to-collect held-to-collect-and-sell non-trading non-trading Financial Assets Designated at Fair Value through Profit or Loss Debt instruments in a held-to-collect held-to-collect-and-sell Customers’ Liability under Acceptances Acceptances represent a form of negotiable short-term debt issued by customers, which the Bank guarantees for a fee. Revenue is recognized on an accrual basis. The potential obligation of the Bank is reported as a liability under Acceptances on the Consolidated Balance Sheet. The Bank’s recourse against the customer in the event of a call on any of these commitments is reported as an asset of the same amount. Equity Instruments Equity investments are required to be measured at FVTPL, except where the Bank has elected at initial recognition to irrevocably designate an equity investment, held for purposes other than trading, at FVOCI. If such an election is made, the fair value changes, including any associated foreign e non-trading non-trading Classification and Measurement for Financial Liabilities The Bank classifies its financial liabilities into the following categories: • Held-for-trading; • Designated at FVTPL; and • Other liabilities. Financial Liabilities Held-for-Trading Financial liabilities are held within a trading portfolio if they have been incurred principally for the purpose of repurchasing in the near term, or form part of a portfolio of identified financial instruments that are managed together and for which there is evidence of a recent actual pattern of short-term profit-taking. Financial liabilities held-for-trading Trading portfolio liabilities are accounted for at fair value, with changes in fair value as well as any gains or losses realized on disposal recognized in trading income (loss). Transaction costs are expensed as incurred. Interest is recognized on an accrual basis and included in interest expense. Financial Liabilities Designated at Fair Value through Profit or Loss Certain financial liabilities may be designated at FVTPL at initial recognition. To be designated at FVTPL, financial liabilities must meet one of the following criteria: (1) the designation eliminates or significantly reduces a measurement or recognition inconsistency; (2) the financial liabilities or a group of financial assets and financial liabilities are managed, and its performance is evaluated, on a fair value basis in accordance with a documented risk management or investment strategy; or (3) the instrument contains one or more embedded derivatives unless a) the embedded derivative does not significantly modify the cash flows that otherwise would be required by the contract, or b) it is clear with little or no analysis that separation of the embedded derivative from the financial instrument is prohibited. In addition, the FVTPL designation is available only for those financial instruments for which a reliable estimate of fair value can be obtained. Once financial liabilities are designated at FVTPL, the designation is irrevocable. Financial liabilities designated at FVTPL are carried at fair value on the Consolidated Balance Sheet, with changes in fair value as well as any gains or losses realized on disposal recognized in income (loss) from financial instruments designated at FVTPL, except for the amount of change in fair value attributable to changes in the Bank’s own credit risk, which is presented in other comprehensive income. Amounts recognized in other comprehensive income are not subsequently reclassified to net income upon derecognition of the financial liability; instead, they are transferred directly to retained earnings. Changes in fair value attributable to changes in the Bank’s own credit risk are measured as the difference between: (i) the period-over-period change in the present value of the expected cash flows using an all-in For loan commitments and financial guarantee contracts that are designated at FVTPL, the full change in fair value of the liability is recognized in income (loss) from financial instruments designated at FVTPL. Interest is recognized on an accrual basis in interest expense . Other Financial Liabilities Deposits Deposits, other than deposits included in a trading portfolio and deposits designated at FVTPL, are accounted for at amortized cost. Accrued interest on deposits is included in Other liabilities on the Consolidated Balance Sheet. Interest, including capitalized transaction costs, is recognized on an accrual basis using EIRM as Interest expense on the Consolidated Statement of Income. Subordinated Notes and Debentures Subordinated notes and debentures are accounted for at amortized cost. Accrued interest on subordinated notes and debentures is included in Other liabilities on the Consolidated Balance Sheet. Interest, including capitalized transaction costs, is recognized on an accrual basis using EIRM as Interest expense on the Consolidated Statement of Income. Reclassification of Financial Assets and Liabilities Financial assets and financial liabilities are not reclassified subsequent to their initial recognition, except for financial assets for which the Bank changes its business model for managing financial assets. Such reclassifications of financial assets are expected to be rare in practice. Impairment – Expected Credit Loss Model The ECL model applies to financial assets, including loans and debt securities measured at amortized cost, loans and debt securities measured at FVOCI, loan commitments, and financial guarantees that are not measured at FVTPL. The ECL model consists of three stages: Stage 1 – Twelve-month ECLs for performing financial assets, Stage 2 – Lifetime ECLs for financial assets that have experienced a significant increase in credit risk since initial recognition, and Stage 3 – Lifetime ECLs for financial assets that are credit-impaired. ECLs are the difference between all the contractual cash flows that are due to the Bank in accordance with the contract and all the cash flows the Bank expects to receive, discounted at the original EIR. If a significant increase in credit risk has occurred since initial recognition, impairment is measured as lifetime ECLs. Otherwise, impairment is measured as twelve-month ECLs which represent the portion of lifetime ECLs that are expected to occur based on default events that are possible within twelve months after the reporting date. If credit quality improves in a subsequent period such that the increase in credit risk since initial recognition is no longer considered significant, the loss allowance reverts to being measured based on twelve-month ECLs. Significant Increase in Credit Risk For retail exposures, significant increase in credit risk is assessed based on changes in the twelve-month probability of default (PD) since initial recognition, using a combination of individual and collective information that incorporates borrower and account specific attributes and relevant forward-looking macroeconomic variables. For non-retail 21-point For both retail and non-retail exposures, delinquency backstop when contractual payments are more than 30 days past due is also used in assessing significant increase in credit risk. The Bank defines default as delinquency of 90 days or more for most retail products and BRR 9 for non-retail When assessing whether there has been a significant increase in credit risk since initial recognition of a financial asset, the Bank considers all reasonable and supportable information that is available without undue cost or effort about past events, current conditions, and forecast of future economic conditions. Refer to Note 3 for additional details. Measurement of Expected Credit Losses ECLs are measured as the probability-weighted present value of expected cash shortfalls over the remaining expected life of the financial instrument and consider reasonable and supportable information about past events, current conditions, and forecasts of future events and economic conditions that impact the Bank’s credit risk assessment. Expected life is the maximum contractual period the Bank is exposed to credit risk, including extension options for which the borrower has unilateral right to exercise. For certain financial instruments that include both a loan and an undrawn commitment, and the Bank’s contractual ability to demand repayment and cancel the undrawn commitment does not limit the Bank’s exposure to credit losses to the contractual notice period, ECLs are measured over the period the Bank is exposed to credit risk. For example, ECLs for credit cards are measured over the borrowers’ expected behavioural life, incorporating survivorship assumptions and borrower-specific attributes. The Bank leverages its Advanced Internal Ratings-Based (AIRB) models used for regulatory capital purposes and incorporates adjustments where appropriate to calculate ECLs. Forward-Looking Information and Expert Credit Judgment Forward-looking information is considered when determining significant increase in credit risk and measuring ECLs. Forward-looking macroeconomic factors are incorporated in the risk parameters as relevant. Qualitative factors that are not already considered in the quantitative models are incorporated by applying expert credit judgment in determining the final ECLs. Refer to Note 3 for additional details. Modified Loans In cases where a borrower experiences financial difficulties, the Bank may grant certain concessionary modifications to the terms and conditions of a loan. Modifications may include payment deferrals, extension of amortization periods, rate reductions, principal forgiveness, debt consolidation, forbearance and other modifications intended to minimize the economic loss and to avoid foreclosure or repossession of collateral. The Bank has policies in place to determine the appropriate remediation strategy based on the individual borrower. If the Bank determines that a modification results in expiry of cash flows, the original asset is derecognized while a new asset is recognized based on the new contractual terms. Significant increase in credit risk is assessed relative to the risk of default on the date of modification. If the Bank determines that a modification does not result in derecognition, significant increase in credit risk is assessed based on the risk of default at initial recognition of the original asset. Expected cash flows arising from the modified contractual terms are considered when calculating ECLs for the modified asset. For loans that were modified while having lifetime ECLs, the loans can revert to having twelve-month ECLs after a period of performance and improvement in the borrower’s financial condition. Allowance for Loan Losses, Excluding Acquired Credit-Impaired Loans The allowance for loan losses represents management’s calculation of probability-weighted ECLs in the lending portfolios, including any off-balance off-balance sheet and off-balance A loan is written off against the related allowance for loan losses when there is no realistic prospect of recovery. Non-retail Non-real sold. Real-estate secured retail loans are generally written off when the security is realized. The time period over which the Bank performs collection activities on the contractual amount outstanding of financial assets that are written off varies from one jurisdiction to another and generally spans between less than one year to five years.​​​​​​​ Allowance for Credit Losses on Debt Securities The allowance for credit losses on debt securities represents management’s calculation of probability-weighted ECLs. Debt securities measured at amortized cost are presented net of the allowance for credit losses on the Consolidated Balance Sheet. The allowance for credit losses on debt securities measured at FVOCI are presented on the Consolidated Statement of Changes in Equity. The allowance for credit losses is increased by the provision for credit losses and decreased by write-offs net of recoveries and disposals. Each quarter, allowances are reassessed and adjusted based on any changes in management’s estimate of ECLs. Acquired Performing Loans Acquired performing loans are initially measured at fair value, which considers incurred and expected future credit losses estimated at the acquisition date and also reflects adjustments based on the acquired loan’s interest rate in comparison to current market rates. On acquisition, twelve-month ECLs are recognized on the acquired performing loans, resulting in the carrying amount being lower than fair value. Acquired performing loans are subsequently accounted for at amortized cost based on their contractual cash flows and any acquisition related discount or premium, including credit-related discounts, is considered to be an adjustment to the loan yield and is recognized in interest income using EIRM over the term of the loan, or the expected life of the loan for acquired performing loans with revolving terms. Acquired Credit-Impaired Loans When loans are acquired with evidence of incurred credit loss where it is probable at the purchase date that the Bank will be unable to collect all contractually required principal and interest payments, they are generally considered to be acquired credit-impaired (ACI) loans, with no ECLs recognized on acquisition. ACI loans are identified as impaired at acquisition based on specific risk characteristics of the loans, including past due status, performance history, and recent borrower credit scores. ACI loans are accounted for based on the present value of expected cash flows as opposed to their contractual cash flows. The Bank determines the fair value of these loans at the acquisition date by discounting expected cash flows at a discount rate that reflects factors a market participant would use when determining fair value, including management assumptions relating to default rates, loss severities, the amount and timing of prepayments, and other factors that are reflective of current market conditions. With respect to certain individually significant ACI loans, accounting is applied individually at the loan level. The remaining ACI loans are aggregated provided they are acquired in the same fiscal quarter and have common risk characteristics. Aggregated loans are accounted for as a single asset with aggregated cash flows and a single composite interest rate. Subsequent to acquisition, the Bank regularly reassesses and updates its cash flow estimates for changes to assumptions relating to default rates, loss severities, the amount and timing of prepayments, and other factors that are reflective of current market conditions. Probable decreases in expected cash flows trigger the recognition of additional impairment, which is measured based on the present value of the revised expected cash flows discounted at the loan’s EIR as compared to the carrying value of the loan. The ECL in excess of the initial credit-related discount is recorded through the provision for credit losses. Interest income on ACI loans is calculated by multiplying the credit-adjusted EIR to the amortized cost of ACI loans. SHARE CAPITAL AND OTHER EQUITY INSTRUMENTS The Bank classifies financial instruments that it issues as either financial liabilities, equity instruments, or compound instruments. Issued instruments that are mandatorily redeemable or convertible into a variable number of the Bank’s common shares at the holder’s option are classified as liabilities on the Consolidated Balance Sheet. Dividend or interest payments on these instruments are recognized in Interest expense on the Consolidated Statement of Income. Issued instruments are classified as equity when there is no contractual obligation to transfer cash or other financial assets. Further, issued instruments that are not mandatorily redeemable or that are not convertible into a variable number of the Bank’s common shares at the holder’s option are classified as equity on the Consolidated Balance Sheet. Incremental costs directly attributable to the issue of equity instruments are included in equity as a deduction from the proceeds, net of tax. Dividends and distributions on these instruments are recognized as a reduction in equity. Compound instruments are comprised of both liability and equity components in accordance with the substance of the contractual arrangement. The liability component is initially measured at fair value with any residual amount assigned to the equity component. Transaction costs are allocated proportionately to the liability and equity components. Common shares, preferred shares, or other equity instruments issued and held by the Bank are classified as treasury instruments in equity, and the cost of these instruments is recorded as a reduction in equity. Upon the sale of treasury instruments, the difference between the sale proceeds and the cost of the instruments is recorded in or against contributed surplus. GUARANTEES The Bank issues guarantee contracts that require payments to be made to guaranteed parties based on: (1) changes in the underlying economic characteristics relating to an asset or liability of the guaranteed party; (2) failure of another party to perform under an obligating agreement; or (3) failure of another third party to pay its indebtedness when due. Guarantees are initially measured and recorded at their fair value. The fair value of a guarantee liability at initial recognition is normally equal to the present value of the guarantee fees received over the life of contract. The Bank’s release from risk is recognized over the term of the guarantee using a systematic and rational amortization method. If a guarantee meets the definition of a derivative, it is carried at fair value on the Consolidated Balance Sheet and reported as a derivative asset or derivative liability at fair value. Guarantees that are considered derivatives are over-the-counter DERIVATIVES Derivatives are instruments that derive their value from changes in underlying interest rates, foreign exchange rates, credit spreads, commodity prices, equities, or other financial or non-financial non-trading Derivatives Held-for-Trading The Bank enters into trading derivative contracts to meet the needs of its customers, to provide liquidity and market-making related activities, and in certain cases, to manage risks related to its trading portfolios. The realized and unrealized gains or losses on trading derivatives are recognized in trading income (loss). Derivatives Held for Non-trading Non-trading non-trading Financial Instruments: Recognition and Measurement non-trading non-trading non-interest Hedging Relationships Hedge Accounting The Bank has an accounting policy choice to apply the h e Financial Instruments: Disclosures At the inception of a hedging relationship, the Bank documents the relationship between the hedging instrument and the hedged item, its risk management objective, and its strategy for undertaking the hedge. The Bank also requires a documented assessment, both at hedge inception and on an ongoing basis, of whether or not the derivatives that are used in hedging relationships are highly effective in offsetting the changes attributable to the hedged risks in the fair values or cash flows of the hedged items. In order to be considered effective, the hedging instrument and the hedged item must be highly and inversely correlated such that the changes in the fair value of the hedging instrument will substantially offset the effects of the hedged exposure throughout the term of the hedging relationship. If a hedging relationship becomes ineffective, it no longer qualifies for hedge accounting and any subsequent change in the fair value of the hedging instrument is recognized in Non-interest Changes in fair value relating to the derivative component excluded from the assessment of hedge effectiveness, are recognized in Net interest income or Non-interest When derivatives are designated as hedges, the Bank classifies them either as: (1) hedges of the changes in fair value of recognized assets or liabilities or firm commitments (fair value hedges); (2) hedges of the variability in highly probable future cash flows attributable to a recognized asset or liability, or a forecast transaction (cash flow hedges); or (3) hedges of net investments in a foreign operation (net investment hedges) . Interest Rate Benchmark Reform A hedging relationship is affected by IBOR reform if the reform gives rise to uncertainties about (a) the interest rate benchmark (contractually or non-contractually For such hedging relationships, the following temporary exceptions apply during the period of uncertainty: • when assessing whether a forecast transaction is highly probable or expected to occur, it is assumed that the interest rate benchmark on which the hedged cash flows (contractually or non-contractually specified) are based i

Current And Future Changes In A

Current And Future Changes In Accounting Policies	12 Months Ended
	Oct. 31, 2021
Disclosure of detailed information about financial instruments [abstract]
Current And Future Changes In Accounting Policies	NOTE 4: CURRENT AND FUTURE CHANGES IN ACCOUNTING POLICIES CURRENT CHANGES IN ACCOUNTING POLICY The following new standards and changes in accounting policies have been adopted by the Bank on November 1, 2020. Interest Rate Benchmark Reform Phase 2 On August 27, 2020, the IASB issued Interest Rate Benchmark Reform – Phase 2, Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 Interest Rate Benchmark Reform 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 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 global benchmark rate reform initiative to transition from IBORs to ARRs may result in market dislocation and have other adverse consequences to the Bank, its customers, market participants, and the financial services industry. Market risks arise because the new reference rates are likely to differ from the existing benchmark rates which could result in different financial performance for previously booked transactions, require alternative hedging strategies, or affect the Bank’s capital and liquidity planning and management. In order to manage these risks, the Bank has established an enterprise-wide, cross functional initiative with senior management and Board oversight to evaluate and monitor the impact of the market, financial, operational, legal, technology and other risks on its products, services, systems, models, documents, processes, and risk management frameworks with the intention of managing the impact through appropriate mitigating actions. The Bank is progressing on its transition plan and continues to monitor industry and regulatory developments while incorporating global working group and regulator best practice guidance on transition activities. Details related to certain market developments are noted below: • 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. • London Clearing House and the Chicago Mercantile Exchange (CME) Group have established a process with market participants to convert outstanding London Inter-Bank Offered Rate (LIBOR) swaps into corresponding market standard ARR-based contracts. • In July 2021, the Alternative Reference Rates Committee formally recommended CME Group’s forward-looking Secured Overnight Financing Rate (SOFR) term rates, following completion of a key change in interdealer trading conventions on July 26, 2021 under the SOFR First initiative. In March 2021, the ICE Benchmark Administration (IBA) announced that the publication of LIBOR settings will cease immediately after December 31, 2021 for all sterling, Japanese yen, Swiss franc, and euro settings as well as the 1-week and 2-month US LIBOR settings. The remaining US LIBOR settings will cease to be published immediately after June 30, 2023. In September 2021, the U.K. Financial Conduct Authority (FCA) confirmed that they will require the IBA to publish certain settings of sterling and Japanese yen LIBOR on a non-representative synthetic basis after December 31, 2021 to support an orderly wind down of legacy exposures in the marketplace. To support the global regulatory objective to transition away from LIBOR benchmarks, global regulators have issued guidance and policy statements to supervised institutions restricting the use of US LIBOR as a reference rate in new contracts written after December 31, 2021, subject to limited exceptions. 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 US LIBOR settings 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 (millions of Canadian dollars) As at October 31, 2021 Non-derivative financial assets 4 Non-derivative financial liabilities Derivatives Off-balance sheet commitments 5 Carrying amount Carrying amount Notional Positive fair value Negative fair value Contractual amount US LIBOR tenors ceasing 12/31/2021 $ 1,496 $ – $ 172 $ 1 $ 16 $ – US LIBOR tenors ceasing 06/30/2023 102,219 519 3,242,624 1,486 2,327 89,407 GBP LIBOR 748 – 254,009 10 2 1,870 Other IBORs 6 328 – 241,485 301 176 – 104,791 519 3,738,290 1,798 2,521 91,277 Cross-currency swaps 7 US LIBOR / other rates 8 n/a n/a 447,821 7,148 7,488 n/a US LIBOR / GBP LIBOR n/a n/a 122,832 438 408 n/a US LIBOR / JPY LIBOR n/a n/a 34,335 486 525 n/a Other IBORs 6 n/a n/a 37,277 1,072 890 n/a n/a n/a 642,265 9,144 9,311 n/a Total $ 104,791 $ 519 $ 4,380,555 $ 10,942 $ 11,832 $ 91,277 1 ARRs for major interest rate benchmarks include SOFR (Secured Overnight Financing Rate) for US LIBOR, SONIA (Sterling Overnight Index Average) for GBP LIBOR, and TONAR (Tokyo Overnight Average Rate) for JPY LIBOR. 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 October 31, 2021, the notional amount of derivatives indexed to EURIBOR was $1,811 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 October 31, 2021, the carrying amounts of demand loans and demand deposits indexed to US LIBOR with no specific maturity were $2 billion and $2 billion, respectively. 4 Loans reported under non-derivative non-derivative 5 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. 6 “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). 7 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) 8 “Other rates” refer to rates that are not subject to IBOR reform or have already been reformed. Hedging Relationships 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 component excluded from the assessment of hedge effectiveness from non-interest Non-interest Business Combinations In October 2018, the IASB issued narrow-scope amendments 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 Consolidated Financial Statements. The Bank is currently assessing the impact of applying the standard on the 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 subsidiary boards, Risk Committee and Audit Committee of the Bank. The Bank is proceeding with implementation of the software solution, including data preparation, system testing and configuration. In addition, the Bank is participating in industry consultations, including OSFI’s draft regulatory capital requirements.

Significant Accounting Judgment

Significant Accounting Judgments, Estimates, and Assumptions	12 Months Ended
	Oct. 31, 2021
Significant Accounting Judgments Estimates And Assumptions
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 to understanding its results of operations and financial condition. Some of the Bank’s policies require subjective, complex judgments and estimates as they relate to matters that are inherently uncertain. Changes in these judgments or estimates and changes to accounting standards and policies could have a materially adverse impact on the Bank’s Consolidated Financial Statements. The Bank has established procedures to ensure that accounting policies are applied consistently and that the processes for changing methodologies, determining estimates, and adopting new accounting standards are well-controlled and occur in an appropriate and systematic manner. CLASSIFICATION AND MEASUREMENT OF FINANCIAL ASSETS Business Model Assessment The Bank determines its business models based on the objective under which its portfolios of financial assets are managed. Refer to Note 2 for details on the Bank’s business models. In determining its business models, the Bank considers the following: • Management’s intent and strategic objectives and the operation of the stated policies in practice; • The primary risks that affect the performance of the business model and how these risks are managed; • How the performance of the portfolio is evaluated and reported to management; and • The frequency and significance of financial asset sales in prior periods, the reasons for such sales and the expected future sales activities. Sales in themselves do not determine the business model and are not considered in isolation. Instead, sales provide evidence about how cash flows are realized. A held-to-collect . Solely Payments of Principal and Interest Test In assessing whether contractual cash flows represent SPPI, the Bank considers the contractual terms of the instrument. This includes assessing whether the financial asset contains a contractual term that could change the timing or amount of contractual cash flows such that they would not be consistent with a basic lending arrangement. In making the assessment, the Bank considers the primary terms as follows and assesses if the contractual cash flows of the instruments continue to meet the SPPI test: • Performance-linked features; • Terms that limit the Bank’s claim to cash flows from specified assets (non-recourse • Prepayment and extension terms; • Leverage features; and • Features that modify elements of the time value of money. IMPAIRMENT OF FINANCIAL ASSETS Significant Increase in Credit Risk For retail exposures, criteria for assessing significant increase in credit risk are defined at the appropriate product or portfolio level and vary based on the exposure’s credit risk at origination. The criteria include relative changes in PD, absolute PD backstop, and delinquency backstop when contractual payments are more than 30 days past due. Significant increase in credit risk since initial recognition has occurred when one of the criteria is met. For non-retail Impact of COVID-19 COVID-19. Measurement of Expected Credit Loss For retail exposures, ECLs are calculated as the product of PD, loss given default (LGD), and exposure at default (EAD) at each time step over the remaining expected life of the financial asset and discounted to the reporting date based on the EIR. PD estimates represent the forward-looking PD, updated quarterly based on the Bank’s historical experience, current conditions, and relevant forward-looking expectations over the expected life of the exposure to determine the lifetime PD curve. LGD estimates are determined based on historical charge-off For non-retail Forward-Looking Information In calculating ECLs, the Bank employs internally developed models that utilize parameters for PD, LGD, and EAD. Forward-looking macroeconomic factors including at the regional level are incorporated in the risk parameters as relevant. Additional risk factors that are industry or segment specific are also incorporated, where relevant. Forward-looking macroeconomic forecasts are generated by TD Economics as part of the ECL process: A base economic forecast is accompanied with upside and downside estimates of realistically possible economic conditions by considering the sources of uncertainty around the base forecast. 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. TD Economics will apply judgment to recommend probability weights to each forecast on a quarterly basis. The proposed macroeconomic forecasts and probability weightings are subject to robust management review and challenge process by a cross-functional committee that includes representation from TD Economics, Risk, Finance, and Business. ECLs calculated under each of the three forecasts are applied against the respective probability weightings to determine the probability-weighted ECLs. Refer to the Impact of COVID-19 COVID-19 Expert Credit Judgment ECLs are recognized on the initial recognition of financial assets. Allowance for credit losses represents management’s best estimate of the risk of default and ECLs on the financial assets, including any off-balance Impact of COVID-19 COVID-19. Management’s judgment is used to determine the point within the range that is the best estimate for the qualitative component contributing to ECLs, based on an assessment of business and economic conditions, historical loss experience, loan portfolio composition, and other relevant indicators and forward-looking information that are not fully incorporated into the model calculation. Changes in these assumptions would have a direct impact on the provision for credit losses and may result in a change in the allowance for credit losses. Impact of COVID-19 The Bank introduced relief programs in 2020 that allowed borrowers to temporarily defer payments of principal and/or interest on their loans and supported various government assistance programs which reduced the Bank’s exposure to expected losses. Under these relief programs and notwithstanding any other changes in credit risk, opting into a payment deferral program did not in and of itself trigger a significant increase in credit risk since initial recognition (which would result in stage migration) and did not result in additional days past due. The majority of these relief programs have now ended. As a result of COVID-19, COVID-19 COVID-19 LEASES The Bank applies judgment in determining the appropriate lease term on a lease-by-lease In determining the carrying amount of ROU assets and lease liabilities, the Bank is required to estimate the incremental borrowing rate specific to each leased asset or portfolio of leased assets if the interest rate implicit in the lease is not readily determinable. The Bank determines the incremental borrowing rate of each leased asset or portfolio of leased assets by incorporating the Bank’s creditworthiness, the security, term, and value of the ROU asset, and the economic environment in which the leased asset operates. The incremental borrowing rates are subject to change mainly due to changes in the macroeconomic environment. FAIR VALUE MEASUREMENTS The fair value of financial instruments traded in active markets at the balance sheet date is based on their quoted market prices. For all other financial instruments not traded in an active market, fair value may be based on other observable current market transactions involving the same or similar instruments, without modification or repackaging, or is based on a valuation technique which maximizes the use of observable market inputs. Observable market inputs may include interest rate yield curves, foreign exchange rates, and option volatilities. Valuation techniques include comparisons with similar instruments where observable market prices exist, discounted cash flow analysis, option pricing models, and other valuation techniques commonly used by market participants. For certain complex or illiquid financial instruments, fair value is determined using valuation techniques in which current market transactions or observable market inputs are not available. The judgments include determining which valuation techniques to apply, liquidity considerations, and model inputs such as volatilities, correlations, spreads, discount rates, pre-payment Judgment is also used in recording valuation adjustments to model fair values to account for system limitations or measurement uncertainty, such as when valuing complex and less actively traded financial instruments. If the market for a complex financial instrument develops, the pricing for this instrument may become more transparent, resulting in refinement of valuation models. For example, IBOR reform may also have an impact on the fair value of products that reference or use valuation models with IBOR inputs. An analysis of fair values of financial instruments and further details as to how they are measured are provided in Note 5. DERECOGNITION OF FINANCIAL INSTRUMENTS Certain assets transferred may qualify for derecognition from the Bank’s Consolidated Balance Sheet. To qualify for derecognition certain key determinations must be made. A decision must be made as to whether the rights to receive cash flows from the financial assets have been retained or transferred and the extent to which the risks and rewards of ownership of the financial assets have been retained or transferred. If the Bank neither transfers nor retains substantially all of the risks and rewards of ownership of the financial asset, a decision must be made as to whether the Bank has retained control of the financial asset. Upon derecognition, the Bank will record a gain or loss on sale of those assets which is calculated as the difference between the carrying amount of the asset transferred and the sum of any cash proceeds received, including any financial asset received or financial liability assumed, and any cumulative gain or loss allocated to the transferred asset that had been recognized in AOCI. In determining the fair value of any financial asset received, the Bank estimates future cash flows by relying on estimates of the amount of interest that will be collected on the securitized assets, the yield to be paid to investors, the portion of the securitized assets that will be prepaid before their scheduled maturity, ECLs, the cost of servicing the assets, and the rate at which to discount these expected future cash flows. Actual cash flows may differ significantly from those estimated by the Bank. Retained interests are classified as trading securities and are initially recognized at relative fair value on the Bank’s Consolidated Balance Sheet. Subsequently, the fair value of retained interests recognized by the Bank is determined by estimating the present value of future expected cash flows. Differences between the actual cash flows and the Bank’s estimate of future cash flows are recognized in trading income. These assumptions are subject to periodic review and may change due to significant changes in the economic environment. GOODWILL AND OTHER INTANGIBLES The recoverable amount of the Bank’s CGUs is determined from internally developed valuation models that consider various factors and assumptions such as forecasted earnings, growth rates, discount rates, and terminal growth rates. Management is required to use judgment in estimating the recoverable amount of CGUs, and the use of different assumptions and estimates in the calculations could influence the determination of the existence of impairment and the valuation of goodwill. Management believes that the assumptions and estimates used are reasonable and supportable. Where possible, assumptions generated internally are compared to relevant market information. The carrying amounts of the Bank’s CGUs are determined by management using risk-based capital models to adjust net assets and liabilities by CGU. These models consider various factors including market risk, credit risk, and operational risk, including investment capital (comprised of goodwill and other intangibles). Any capital not directly attributable to the CGUs is held within the Corporate segment. The Bank’s capital oversight committees provide oversight to the Bank’s capital allocation methodologies. EMPLOYEE BENEFITS The projected benefit obligation and expense related to the Bank’s pension and post-retirement defined benefit plans are determined using multiple assumptions that may significantly influence the value of these amounts. Actuarial assumptions including discount rates, compensation increases, health care cost trend rates, and mortality rates are management’s best estimates and are reviewed annually with the Bank’s actuaries. The Bank develops each assumption using relevant historical experience of the Bank in conjunction with market-related data and considers if the market-related data indicates there is any prolonged or significant impact on the assumptions. The discount rate used to value the projected benefit obligation is determined by reference to market yields on high-quality corporate bonds with terms matching the plans’ specific cash flows. The other assumptions are also long-term estimates. All assumptions are subject to a degree of uncertainty. Differences between actual experiences and the assumptions, as well as changes in the assumptions resulting from changes in future expectations, result in actuarial gains and losses which are recognized in other comprehensive income during the year and also impact expenses in future periods. INCOME TAXES The Bank is subject to taxation in numerous jurisdictions. There are many transactions and calculations in the ordinary course of business for which the ultimate tax determination is uncertain. The Bank maintains provisions for uncertain tax positions that it believes appropriately reflect the risk of tax positions under discussion, audit, dispute, or appeal with tax authorities, or which are otherwise considered to involve uncertainty. These provisions are made using the Bank’s best estimate of the amount expected to be paid based on an assessment of all relevant factors, which are reviewed at the end of each reporting period. However, it is possible that at some future date, an additional liability could result from audits by the relevant taxing authorities. Deferred tax assets are recognized only when it is probable that sufficient taxable profit will be available in future periods against which deductible temporary differences may be utilized. The amount of the deferred tax asset recognized and considered realizable could, however, be reduced if projected income is not achieved due to various factors, such as unfavourable business conditions. If projected income is not expected to be achieved, the Bank would decrease its deferred tax assets to the amount that it believes can be realized. The magnitude of the decrease is significantly influenced by the Bank’s forecast of future profit generation, which determines the extent to which it will be able to utilize the deferred tax assets. PROVISIONS Provisions arise when there is some uncertainty in the timing or amount of a loss in the future. Provisions are based on the Bank’s best estimate of all expenditures required to settle its present obligations, considering all relevant risks and uncertainties, as well as, when material, the effect of the time value of money. Many of the Bank’s provisions relate to various legal actions that the Bank is involved in during the ordinary course of business. Legal provisions require the involvement of both the Bank’s management and legal counsel when assessing the probability of a loss and estimating any monetary impact. Throughout the life of a provision, the Bank’s management or legal counsel may learn of additional information that may impact its assessments about the probability of loss or about the estimates of amounts involved. Changes in these assessments may lead to changes in the amount recorded for provisions. In addition, the actual costs of resolving these claims may be substantially higher or lower than the amounts recognized. The Bank reviews its legal provisions on a case-by-case Certain of the Bank’s provisions relate to restructuring initiatives initiated by the Bank. Restructuring provisions require management’s best estimate, including forecasts of economic conditions. Throughout the life of a provision, the Bank may become aware of additional information that may impact the assessment of amounts to be incurred. Changes in these assessments may lead to changes in the amount recorded for provisions. INSURANCE The assumptions used in establishing the Bank’s insurance claims and policy benefit liabilities are based on best estimates of possible outcomes. For property and casualty insurance, the ultimate cost of claims liabilities is estimated using a range of standard actuarial claims projection techniques in accordance with Canadian accepted actuarial practices. Additional qualitative judgment is used to assess the extent to which past trends may or may not apply in the future, in order to arrive at the estimated ultimate claims cost that present the most likely outcome taking into account all the uncertainties involved. For life and health insurance, actuarial liabilities consider all future policy cash flows, including premiums, claims, and expenses required to administer the policies. Critical assumptions used in the measurement of life and health insurance contract liabilities are determined by the appointed actuary. Further information on insurance risk assumptions is provided in Note 22. CONSOLIDATION OF STRUCTURED ENTITIES Management judgment is required when assessing whether the Bank should consolidate an entity. For instance, it may not be feasible to determine if the Bank controls an entity solely through an assessment of voting rights for certain structured entities. In this case, judgment is required to establish whether the Bank has decision-making power over the key relevant activities of the entity and whether the Bank has the ability to use that power to absorb significant variable returns from the entity. If it is determined that the Bank has both decision-making power and significant variable returns from the entity, judgment is also used to determine whether any such power is exercised by the Bank as principal, on its own behalf, or as agent, on behalf of another counterparty. Assessing whether the Bank has decision-making power includes understanding the purpose and design of the entity in order to determine its key economic activities. In this context, an entity’s key economic activities are those which predominantly impact the economic performance of the entity. When the Bank has the current ability to direct the entity’s key economic activities, it is considered to have decision-making power over the entity. The Bank also evaluates its exposure to the variable returns of a structured entity in order to determine if it absorbs a significant proportion of the variable returns the entity is designed to create. As part of this evaluation, the Bank considers the purpose and design of the entity in order to determine whether it absorbs variable returns from the structured entity through its contractual holdings, which may take the form of securities issued by the entity, derivatives with the entity, or other arrangements such as guarantees, liquidity facilities, or lending commitments. If the Bank has decision-making power over the entity and absorbs significant variable returns from the entity, it then determines if it is acting as principal or agent when exercising its decision-making power. Key factors considered include the scope of its decision-making powers; the rights of other parties involved with the entity, including any rights to remove the Bank as decision-maker or rights to participate in key decisions; whether the rights of other parties are exercisable in practice; and the variable returns absorbed by the Bank and by other parties involved with the entity. When assessing consolidation, a presumption exists that the Bank exercises decision-making power as principal if it is also exposed to significant variable returns, unless an analysis of the factors above indicates otherwise. The decisions above are made with reference to the specific facts and circumstances relevant for the structured entity and related transaction(s) under consideration. REVENUE FROM CONTRACTS WITH CUSTOMERS The Bank applies judgment to determine the timing of satisfaction of performance obligations which affects the timing of revenue recognition, by evaluating the pattern in which the Bank transfers control of services promised to the customer. A performance obligation is satisfied over time when the customer simultaneously receives and consumes the benefits as the Bank performs the service. For performance obligations satisfied over time, revenue is generally recognized using the time-elapsed method which is based on time elapsed in proportion to the period over which the service is provided, for example, personal deposit account bundle fees. The time-elapsed method is a faithful depiction of the transfer of control for these services as control is transferred evenly to the customer when the Bank provides a stand-ready service or effort is expended evenly by the Bank to provide a service over the contract period. In contracts where the Bank has a right to consideration from a customer in an amount that corresponds directly with the value to the customer of the Bank’s performance completed to date, the Bank recognizes revenue in the amount to which it has a right to invoice. The Bank satisfies a performance obligation at a point in time if the customer obtains control of the promised services at that date. Determining when control is transferred requires the use of judgment. For transaction-based services, the Bank determines that control is transferred to the customer at a point in time when the customer obtains substantially all of the benefits from the service rendered and the Bank has a present right to payment, which generally coincides with the moment the transaction is executed. The Bank exercises judgment in determining whether costs incurred in connection with acquiring new revenue contracts would meet the requirement to be capitalized as incremental costs to obtain or fulfil a contract with customers .

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Oct. 31, 2021
Fair Value Measurements
Fair Value Measurements	NOTE 5: FAIR VALUE MEASUREMENTS Certain assets and liabilities, primarily financial instruments, are carried on the balance sheet at their fair value on a recurring basis. These financial instruments include trading loans and securities, non-trading (a) VALUATION GOVERNANCE Valuation processes are guided by policies and procedures that are approved by senior management and subject matter experts. Senior Executive oversight over the valuation process is provided through various valuation-related committees. Further, the Bank has a number of additional controls in place, including an independent price verification process to ensure the accuracy of fair value measurements reported in the financial statements. The sources used for independent pricing comply with the standards set out in the approved valuation-related policies, which include consideration of the reliability, relevancy, and timeliness of data. (b) METHODS AND ASSUMPTIONS The Bank calculates fair values for measurement and disclosure purposes based on the following methods of valuation and assumptions: Government and Government-Related Securities The fair value of Canadian government debt securities is based on quoted prices in active markets, where available. Where quoted prices are not available, valuation techniques such as discounted cash flow models may be used, which maximize the use of observable inputs such as government bond yield curves. The fair value of U.S. government and agency debt securities is determined by reference to recent transaction prices, broker quotes, or third-party vendor prices. Brokers or third-party vendors may use a pool-specific valuation model to value these securities. Observable market inputs to the model include to-be-announced The fair value of other Organisation for Economic Co-operation and Development (OECD) government guaranteed debt is based on broker quotes and third-party vendor prices, or where these quotes or prices are not readily available, other valuation techniques, such as discounted cash flow models, may be used. Market inputs used in other valuation techniques or broker quotes and third-party vendor prices include government bond yield curves and trade execution data. The fair value of residential mortgage-backed securities (MBS) is based on broker quotes, third-party vendor prices, or other valuation techniques, such as the use of option-adjusted spread models which include inputs such as prepayment rate assumptions related to the underlying collateral. Observable inputs include, but are not limited to, indexed yield curves and bid-ask Other Debt Securities The fair value of corporate and other debt securities is based on broker quotes, third-party vendor prices, or other valuation techniques, such as discounted cash flow techniques. Market inputs used in the other valuation techniques or underlying third-party vendor prices or broker quotes include benchmark and government bond yield curves, credit spreads, and trade execution data. Asset-backed securities are primarily fair valued using third-party vendor prices. The third-party vendor employs a valuation model which maximizes the use of observable inputs such as benchmark yield curves and bid-ask Equity Securities The fair value of equity securities is based on quoted prices in active markets, where available. Where quoted prices in active markets are not readily available, such as for private equity securities, or where there is a wide bid-ask If there are trading restrictions on the equity security held, a valuation adjustment is recognized against available prices to reflect the nature of the restriction. However, restrictions that are not part of the security held and represent a separate contractual arrangement that has been entered into by the Bank and a third party do not impact the fair value of the original instrument. Retained Interests Retained interests are classified as trading securities and are initially recognized at their relative fair mark e Loans The estimated fair value of loans carried at amortized cost reflects changes in market price that have occurred since the loans were originated or purchased. For fixed-rate performing loans, estimated fair value is determined by discounting the expected future cash flows related to these loans at current market interest rates for loans with similar credit risks. For floating-rate performing loans, changes in interest rates have minimal impact on fair value since loans reprice to market frequently. On that basis, fair value is assumed to approximate carrying value. The fair value of loans is not adjusted for the value of any credit protection the Bank has purchased to mitigate credit risk. The fair value of loans carried at FVTPL, which includes trading loans and non-trading . The fair value of loans carried at FVOCI is assumed to approximate amortized cost as they are generally floating rate performing loans that are short term in nature. Commodities The fair value of commodities is based on quoted prices in active markets, where available. The Bank also transacts commodity derivative contracts which can be traded on an exchange or in OTC markets. Derivative Financial Instruments The fair value of exchange-traded derivative financial instruments is based on quoted market prices. The fair value of OTC derivative financial instruments is estimated using well established valuation techniques, such as discounted cash flow techniques, the Black-Scholes model, and Monte Carlo simulation. The valuation models incorporate inputs that are observable in the market or can be derived from observable market data. Prices derived by using models are recognized net of valuation adjustments. The inputs used in the valuation models depend on the type of derivative and the nature of the underlying instrument and are specific to the instrument being valued. Inputs can include, but are not limited to, interest rate yield curves, foreign exchange rates, dividend yield projections, commodity spot and forward prices, recovery rates, volatilities, spot prices, and correlation. A credit valuation adjustment (CVA) is recognized against the model value of OTC derivatives to account for the uncertainty that either counterparty in a derivative transaction may not be able to fulfil its obligations under the transaction. In determining CVA, the Bank takes into account master netting agreements and collateral, and considers the creditworthiness of the counterparty and of the Bank itself, using market observed or proxy credit spreads, in assessing potential future amounts owed to, or by the Bank. The fair value of a derivative is partly a function of collateralization. The Bank uses the relevant overnight index swap curve to discount the cash flows for collateralized derivatives as most collateral is posted in cash and can be funded at the overnight rate. A funding valuation adjustment (FVA) is recognized against the model value of OTC derivatives to recognize the market implied unsecured funding costs and benefits considered in the pricing and fair value determination. Some of the key drivers of FVA include the market implied funding spread and the expected average exposure by counterparty. The Bank will continue to monitor industry practice on valuation adjustments and may refine the methodology as market practices evolve. Deposits The estimated fair value of term deposits is determined by discounting the contractual cash flows using interest rates currently offered for deposits with similar terms. For deposits with no defined maturities, the Bank considers fair value to equal carrying value, which is equivalent to the amount payable on the balance sheet date. For trading deposits and deposits designated at FVTPL, which is included in financial liabilities designated at FVTPL, fair value is determined using discounted cash flow valuation techniques which maximize the use of observable market inputs such as benchmark yield curves and foreign exchange rates. The Bank considers the impact of its own creditworthiness in the valuation of these deposits by reference to observable market inputs. Securitization Liabilities The fair value of securitization liabilities is based on quoted market prices or quoted market prices for similar financial instruments, where available. Where quoted prices are not available, fair value is determined using valuation techniques, which maximize the use of observable inputs, such as Canada Mortgage Bond (CMB) curves and MBS curves. Obligations Related to Securities Sold Short The fair value of these obligations is based on the fair value of the underlying securities, which can include equity or debt securities. As these obligations are fully collateralized, the method used to determine fair value would be the same as that of the relevant underlying equity or debt securities. Securities Purchased Under Reverse Repurchase Agreements and Obligations Related to Securities Sold under Repurchase Agreements Commodities and certain bonds and equities purchased or sold with an agreement to sell or repurchase them at a later date at a fixed price are carried at fair value. The fair value of these agreements is based on valuation techniques such as discounted cash flow models which maximize the use of observable market inputs such as interest rate swap curves and commodity forward prices. Subordinated Notes and Debentures The fair value of subordinated notes and debentures are based on quoted market prices for similar issues or current rates offered to the Bank for debt of equivalent credit quality and remaining maturity. Portfolio Exception IFRS 13, Fair Value Measurement mid-market bid-ask (c) FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES NOT CARRIED AT FAIR VALUE The carrying value and fair value of financial assets and liabilities not carried at fair value are disclosed in the table below. For these instruments, fair values are calculated for disclosure purposes only, using the valuation techniques used by the Bank. In addition, the Bank has determined that the carrying value of certain financial assets and liabilities approximates their fair value, which include: cash and due from banks, interest-bearing deposits with banks, customers’ liability under acceptances, amounts receivable from brokers, dealers, and clients, other assets, acceptances, amounts payable to brokers, dealers, and clients, and other liabilities. Substantially all securities purchased under reverse repurchase agreements and obligations related to securities sold under repurchase agreements are measured at amortized cost where the carrying value approximates their fair value. Financial Assets and Liabilities not carried at Fair Value 1 (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Carrying Fair value Carrying Fair value FINANCIAL ASSETS Debt securities at amortized cost, net of allowance for credit losses Government and government-related securities $ 208,559 $ 207,927 $ 174,592 $ 175,500 Other debt securities 60,380 60,525 53,087 53,373 Total debt securities at amortized cost, net of allowance for credit losses 268,939 268,452 227,679 228,873 Total loans, net of allowance for loan losses 722,622 725,177 717,523 727,197 Total financial assets not carried at fair value $ 991,561 $ 993,629 $ 945,202 $ 956,070 FINANCIAL LIABILITIES Deposits $ 1,125,125 $ 1,124,762 $ 1,135,333 $ 1,137,624 Securitization liabilities at amortized cost 15,262 15,202 15,768 16,143 Subordinated notes and debentures 11,230 11,838 11,477 12,374 Total financial liabilities not carried at fair value $ 1,151,617 $ 1,151,802 $ 1,162,578 $ 1,166,141 1 This table excludes financial assets and liabilities where the carrying value approximates their fair value. (d) FAIR VALUE HIERARCHY IFRS requires disclosure of a three-level hierarchy for fair value measurements based upon the observability of inputs to the valuation of an asset or liability as of the measurement date. The three levels are defined as follows: Level 1 Level 2 Level 3 non-observable Fair Value Hierarchy for Assets and Liabilities not carried at Fair Value The following table presents the levels within the fair value hierarchy for each of the financial assets and liabilities not carried at fair value as at October 31, 2021 and October 31, 2020, but for which fair value is disclosed. Fair Value Hierarchy for Assets and Liabilities not carried at Fair Value 1 (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total ASSETS Debt securities at amortized cost, net of allowance for credit losses Government and government-related securities $ 20 $ 207,897 $ 10 $ 207,927 $ 919 $ 174,571 $ 10 $ 175,500 Other debt securities – 60,524 1 60,525 – 53,371 2 53,373 Total debt securities at amortized cost, net of allowance for credit losses 20 268,421 11 268,452 919 227,942 12 228,873 Total loans, net of allowance for loan losses – 251,034 474,143 725,177 – 236,287 490,910 727,197 Total assets with fair value disclosures $ 20 $ 519,455 $ 474,154 $ 993,629 $ 919 $ 464,229 $ 490,922 $ 956,070 LIABILITIES Deposits $ – $ 1,124,762 $ – $ 1,124,762 $ – $ 1,137,624 $ – $ 1,137,624 Securitization liabilities at amortized cost – 15,202 – 15,202 – 16,143 – 16,143 Subordinated notes and debentures – 11,838 – 11,838 – 12,374 – 12,374 Total liabilities with fair value disclosures $ – $ 1,151,802 $ – $ 1,151,802 $ – $ 1,166,141 $ – $ 1,166,141 1 This table excludes financial assets and liabilities where the carrying amount is a reasonable approximation of fair value. The following tabl e Fair Value Hierarchy for Assets and Liabilities Measured at Fair Value on a Recurring Basis (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total FINANCIAL ASSETS AND COMMODITIES Trading loans, securities, and other 1 Government and government-related securities Canadian government debt Federal $ 294 $ 10,902 $ – $ 11,196 $ 351 $ 21,141 $ – $ 21,492 Provinces – 8,326 – 8,326 – 8,468 – 8,468 U.S. federal, state, municipal governments, and agencies debt – 13,241 – 13,241 – 22,809 16 22,825 Other OECD government-guaranteed debt – 7,785 – 7,785 – 4,563 – 4,563 Mortgage-backed securities – 1,500 – 1,500 – 1,690 – 1,690 Other debt securities Canadian issuers – 5,970 – 5,970 – 5,613 2 5,615 Other issuers – 12,389 6 12,395 – 13,352 1 13,353 Equity securities 59,933 158 33 60,124 43,840 39 – 43,879 Trading loans – 12,405 – 12,405 – 12,959 – 12,959 Commodities 13,919 720 – 14,639 12,976 484 – 13,460 Retained interests – 9 – 9 – 14 – 14 74,146 73,405 39 147,590 57,167 91,132 19 148,318 Non-trading Securities 166 6,127 760 7,053 232 4,027 571 4,830 Loans – 2,334 3 2,337 – 3,715 3 3,718 166 8,461 763 9,390 232 7,742 574 8,548 Derivatives Interest rate contracts 12 10,277 1 10,290 22 17,937 – 17,959 Foreign exchange contracts 26 35,786 7 35,819 13 29,605 2 29,620 Credit contracts – 57 – 57 – 19 – 19 Equity contracts 3 5,359 – 5,362 5 3,855 370 4,230 Commodity contracts 365 2,495 39 2,899 383 2,022 9 2,414 406 53,974 47 54,427 423 53,438 381 54,242 Financial assets designated at fair value through profit or loss Securities 1 – 4,564 – 4,564 – 4,739 – 4,739 – 4,564 – 4,564 – 4,739 – 4,739 Financial assets at fair value through other comprehensive income Government and government-related securities Canadian government debt Federal – 12,519 – 12,519 – 14,126 – 14,126 Provinces – 18,143 – 18,143 – 16,502 – 16,502 U.S. federal, state, municipal governments, and agencies debt – 19,300 – 19,300 – 33,034 – 33,034 Other OECD government-guaranteed debt – 6,564 – 6,564 – 10,756 – 10,756 Mortgage-backed securities – 1,254 – 1,254 – 3,865 – 3,865 Other debt securities Asset-backed securities – 6,981 – 6,981 – 10,006 – 10,006 Corporate and other debt – 8,040 64 8,104 – 9,875 20 9,895 Equity securities 2,989 1 1,609 4,599 1,005 15 1,579 2,599 Loans – 1,602 – 1,602 – 2,502 – 2,502 2,989 74,404 1,673 79,066 1,005 100,681 1,599 103,285 Securities purchased under reverse repurchase agreements – 7,992 – 7,992 – 7,395 – 7,395 FINANCIAL LIABILITIES Trading deposits – 22,750 141 22,891 – 14,528 4,649 19,177 Derivatives Interest rate contracts 14 11,580 89 11,683 14 19,022 96 19,132 Foreign exchange contracts 28 35,146 – 35,174 14 27,300 – 27,314 Credit contracts – 347 – 347 – 327 – 327 Equity contracts – 7,932 82 8,014 – 3,360 1,077 4,437 Commodity contracts 300 1,596 8 1,904 355 1,611 27 1,993 342 56,601 179 57,122 383 51,620 1,200 53,203 Securitization liabilities at fair value – 13,505 – 13,505 – 13,718 – 13,718 Financial liabilities designated at fair value through profit or loss – 113,912 76 113,988 – 59,641 24 59,665 Obligations related to securities sold short 1 2,015 40,360 9 42,384 1,039 33,960 – 34,999 Obligations related to securities sold under repurchase agreements – 5,126 – 5,126 – 3,675 – 3,675 1 Balances reflect the reduction of securities owned (long positions) by the amount of identical securities sold but not yet purchased (short positions). (e) TRANSFERS BETWEEN FAIR VALUE HIERARCHY LEVELS FOR ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON A RECURRING BASIS 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. During the year ended October 31, 2021, the Bank transferred $400 million of FVOCI Canadian government debt from Level 2 to Level 1, which subsequently matured (October 31, 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 year ended October 31, 2021, transfers were made out of Level 3 and into Level 2 for trading deposits and equity contracts due to changes in the degree of observability of certain inputs in the fair value measurement of these instruments (October 31, 2020 – no significant transfers). (f) RECONCILIATION OF CHANGES IN FAIR VALUE FOR LEVEL 3 ASSETS AND LIABILITIES The following tables reconcile changes in fair value of all assets and liabilities measured at fair value using significant Level 3 unobservable inputs for the years ended October 31, 2021 and October 31, 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, Government and government- $ 16 $ 2 $ – $ – $ (18 ) $ 1 $ (1 ) $ – $ – Other debt securities 3 – – 23 (3 ) 7 (24 ) 6 – Equity securities – – – 33 – – – 33 – 19 2 – 56 (21 ) 8 (25 ) 39 – Non-trading Securities 571 130 – 140 (81 ) – – 760 76 Loans 3 – – – – – – 3 – 574 130 – 140 (81 ) – – 763 76 Financial assets at fair value Other debt securities 20 – 4 – – 40 – 64 4 Equity securities 1,579 – 32 161 (163 ) – – 1,609 20 $ 1,599 $ – $ 36 $ 161 $ (163 ) $ 40 $ – $ 1,673 $ 24 FINANCIAL LIABILITIES Trading deposits 6 $ (4,649 ) $ (999 ) $ – $ (790 ) $ 2,636 $ (7 ) $ 3,668 $ (141 ) $ (5 ) Derivatives 7 Interest rate contracts (96 ) (9 ) – – 17 – – (88 ) 7 Foreign exchange contracts 2 5 – – – 1 (1 ) 7 6 Equity contracts (707 ) (729 ) – (36 ) 235 3 1,152 (82 ) 52 Commodity contracts (18 ) 55 – – (6 ) – – 31 32 (819 ) (678 ) – (36 ) 246 4 1,151 (132 ) 97 Financial liabilities (24 ) (51 ) – (263 ) 262 – – (76 ) (44 ) Obligations related to securities – – – (8 ) (1 ) (1 ) 1 (9 ) – Fair value as at November 1 Total realized and Movements Transfers Fair value as at October 31 Change in instruments 5 Included 1 Included 2,3 Purchases/ Sales/ 4 Into Out of FINANCIAL ASSETS Trading loans, securities, Government and government- $ 8 $ (1 ) $ – $ – $ (8 ) $ 17 $ – $ 16 $ – Other debt securities 4 – – 29 (41 ) 18 (7 ) 3 – 12 (1 ) – 29 (49 ) 35 (7 ) 19 – Non-trading Securities 493 12 – 118 (52 ) – – 571 (2 ) Loans 5 – – – (2 ) – – 3 – 498 12 – 118 (54 ) – – 574 (2 ) Financial assets at fair value Other debt securities 24 – (4 ) – – – – 20 (4 ) Equity securities 1,551 – (23 ) 50 1 – – 1,579 (24 ) $ 1,575 $ – $ (27 ) $ 50 $ 1 $ – $ – $ 1,599 $ (28 ) FINANCIAL LIABILITIES Trading deposits 6 $ (4,092 ) $ 214 $ – $ (3,334 ) $ 2,558 $ (3 ) $ 8 $ (4,649 ) $ 328 Derivatives 7 Interest rate contracts (83 ) (43 ) – – 30 – – (96 ) (17 ) Foreign exchange contracts (1 ) 2 – – – 1 – 2 1 Equity contracts (925 ) 172 – (101 ) 146 (1 ) 2 (707 ) 172 Commodity contracts (17 ) (42 ) – – 41 – – (18 ) (16 ) (1,026 ) 89 – (101 ) 217 – 2 (819 ) 140 Financial liabilities (21 ) 112 – (202 ) 87 – – (24 ) 112 Obligations related to securities – – – – – (6 ) 6 – – 1 Gains/losses on financial assets and liabilities are recognized within Non-interest 2 Other comprehensive income. 3 Includes realized gains/losses transferred to retained earnings on disposal of equities designated at FVOCI. Refer to Note 7 for further details. 4 Includes foreign exchange. 5 Changes in unrealized gains/losses on financial assets at FVOCI are recognized in AOCI. 6 Issuances and repurchases of trading deposits are reported on a gross basis. 7 As at October 31, 2021, consists of derivative assets of $47 million (October 31, 2020/November 1, 2020 – $381 million; November 1, 2019 – $604 million) and derivative liabilities of $179 million (October 31, 2020/November 1, 2020 – $1,200 million; November 1, 2019 – $1,630 million), which have been netted in this table for presentation purposes only. (g) VALUATION OF ASSETS AND LIABILITIES CLASSIFIED AS LEVEL 3 Significant unobservable inputs in Level 3 positions The following section discusses the significant unobservable inputs for Level 3 positions and assesses the potential effect that a change in each unobservable input may have on the fair value measurement. Price Equivalent Certain financial instruments, mainly debt and equity securities, are valued using price equivalents when market prices are not available, with fair value measured by comparison with observable pricing data from instruments with similar characteristics. For debt securities, the price equivalent is expressed in ‘points’, and represents a percentage of the par amount, and prices at the lower end of the range are generally a result of securities that are written down. For equity securities, the price equivalent is based on a percentage of a proxy price. There may be wide ranges depending on the liquidity of the securities. New issuances of debt and equity securities are priced at 100% of the issue price. Correlation The movements of inputs are not necessarily independent from other inputs. Such relationships, where material to the fair value of a given instrument, are captured via correlation inputs into the pricing models. The Bank includes correlation between the asset class, as well as across asset classes. For example, price correlation is the relationship between prices of equity securities in equity basket derivatives, and quanto correlation is the relationship between instruments which settle in one currency and the underlying securities which are denominated in another currency. Implied Volatility Implied volatility is the value of the volatility of the underlying instrument which, when input in an option pricing model, such as Black-Scholes, will return a theoretical value equal to the current market price of the option. Implied volatility is a forward-looking and subjective measure, and differs from historical volatility because the latter is calculated from known past returns of a security. Funding ratio The funding ratio is a significant unobservable input required to value loan commitments issued by the Bank. The funding ratio represents an estimate of the percentage of commitments that are ultimately funded by the Bank. The funding ratio is based on a number of factors such as observed historical funding percentages within the various lending channels and the future economic outlook, considering factors including, but not limited to, competitive pricing and fixed/variable mortgage rate gap. An increase/decrease in funding ratio will increase/decrease the value of the lending commitment in relationship to prevailing interest rates. Earnings Multiple, Discount Rate, and Liquidity Discount Earnings multiple, discount rate, and liquidity discount are significant inputs used when valuing certain equity securities and certain retained interests. Earnings multiples are selected based on comparable entities and a higher multiple will result in a higher fair value. Discount rates are applied to cash flow forecasts to reflect time value of money and the risks associated with the cash flows. A higher discount rate will result in a lower fair value. Liquidity discounts may be applied as a result of the difference in liquidity between the comparable entity and the equity securities being valued. Currency-Specific Swap Curve The fair value of foreign exchange contracts is determined using inputs such as foreign exchange spot rates and swap curves. Generally, swap curves are observable, but there may be certain durations or currency-specific foreign exchange spot and currency-specific swap curves that are not observable. Dividend Yield Dividend yield is a key input for valuing equity contracts and is generally expressed as a percentage of the current price of the stock. Dividend yields can be derived from the repo or forward price of the actual stock being fair valued. Spot dividend yields can also be obtained from pricing sources, if it can be demonstrated that spot yields are a good indication of future dividends. Inflation Rate Swap Curve The fair value of inflation rate swap contracts is a swap between the interest rate curve and the inflation index. The inflation rate swap spread is not observable and is determined using proxy inputs such as inflation index rates and Consumer Price Index (CPI) bond yields. Generally, swap curves are observable; however, there may be instances where certain specific swap curves are not observable. Net Asset Value The fair value of certain private funds is based on the net asset value determined by the fund managers based on valuation methodologies, as there are no observable prices for these instruments. Valuation techniques and inputs used in the fair value measurement of Level 3 assets and liabilities The following table presents the Bank’s assets and liabilities recognized at fair value and classified as Level 3, together with the valuation techniques used to measure fair value, the significant inputs used in the valuation technique that are considered unobservable, and a range of values for those unobservable inputs. The range of values represents the highest and lowest inputs used in calculating the fair value. Valuation Techniques and Inputs Used in the Fair Value Measurement of Level 3 Assets and Liabilities As at October 31, 2021 October 31, 2020 Valuation technique Significant unobservable inputs (Level 3) Lower Upper Lower Upper Unit Government and government-related securities Market comparable Bond price equivalent n/a n/a 19 116 points Other debt securities Market comparable Bond price equivalent – 102 – 111 points Equity securities 1 Market comparable New issue price 100 100 100 100 % Discounted cash flow Discount rate 9 9 9 9 % Market comparable Price equivalent 35 36 23 23 % Non-trading financial assets at fair value through profit or loss Market comparable New issue price 100 100 100 100 % Discounted cash flow Discount rates 11 13 20 20 % EBITDA multiple Earnings multiple 2.8 20.0 1.5 16.0 times Price-based Net Asset Value 2 n/a n/a n/a n/a Derivatives Interest rate contrac ts Discounted cash flow Inflation rate swap curve 1 3 1 2 % Option model Funding ratio 60 75 60 75 % Foreign exchange contracts Option model Currency-specific volatility 4 33 4 18 % Equity contracts Option model Price correlation – 93 (16 ) 95 % Quanto correlation 10 15 10 68 % Dividend yield – 7 – 10 % Equity volatility 27 240 8 117 % Market comparable New issue price n/a n/a 100 100 % Commodity contracts Option model Quanto correlation (67 ) (47 ) (66 ) (46 ) % Swaption correlation n/a n/a 73 85 % Trading deposits Option model Price correlation – 93 (16 ) 98 % Quanto correlation n/a n/a (35 ) 68 % Dividend yield – 2 – 11 % Equity volatility 22 114 7 284 % Swaption model Currency-specific volatility 35 484 21 462 % Financial liabilities designated at fair value through profit or loss Option model Funding ratio 3 89 1 70 % Obligations related to securities sold short Market comparable Bond Price Equivalent 100 100 n/a n/a points New issue price New issue price 100 100 n/a n/a % 1 As at October 31, 2021, common shares exclude the fair value of Federal Reserve stock and Federal Home Loan Bank (FHLB) stock of $1.5 billion (October 31, 2020 – $1.5 billion) which are redeemable by the issuer at cost which approximates fair value. These securities cannot be traded in the market, hence, these securities have not been subjected to the sensitivity analysis. 2 Net asset value information for private funds has not been disclosed due to the wide range in prices for these instruments. The following table summarizes the potential effect of using reasonably possible alternative assumptions for financial assets and financial liabilities held, that are classified in Level 3 of the fair value hierarchy as at October 31. For interest rate derivatives, the Bank performed a sensitivity analysis on the unobservable implied volatility. For equity derivatives, the sensitivity was calculated by using reasonably possible alternative assumptions by shocking dividends, correlation, or the price and volatility of the underlying equity instrument. For non-trading securities at FVTPL and equity securities at FVOCI, the sensitivity was calculated based on an upward and downward shock of the fair value reported. For trading deposits, the sensitivity was calculated by varying unobservable inputs which may include volatility, credit spreads, and correlation. Sensitivity Analysis of Level 3 Financial Assets and Liabilities (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Impact to net assets Impact to net assets Decrease in Increase in Decrease in Increase in FINANCIAL ASSETS Non-trading financial assets at fair value through profit or loss Securities $ 92 $ 38 $ 57 $ 27 Derivatives Equity contracts – – 18 27 Financial assets at fair value through other comprehensive income Equity securities 16 7 13 7 FINANCIAL LIABILITIES Trading deposits – – 33 72 Derivatives Interest rate contracts 12 10 12 10 Equity contracts 2 1 71 52 14 11 83 62 Financial liabilities designated at fair value through profit or loss 9 13 1 3 Total $ 131 $ 69 $ 205 $ 198 The following table summarizes the aggregate difference yet to be recognized in net income due to the difference between the transaction price and the amount determined using valuation techniques with significant non-observable inputs at initial recognition. (millions of Canadian dollars) For the years ended October 31 2021 2020 Balance as at beginning of year $ 36 $ 15 New transactions 47 87 Recognized in the Consolidated Statement of Income during the year (51 ) (66 ) Balance as at end of year $ 32 $ 36 ( h ) FINANCIAL INSTRUMENTS DESIGNATED AT FAIR VALUE Securities Designated at Fair Value through Profit or Loss Certain securities supporting insurance reserves within the Bank’s insurance underwriting subsidiaries have been designated at FVTPL to eliminate or significantly reduce an accounting mismatch. The actuarial valuation of the insurance reserve is measured using a discount factor which is b

Offsetting Financial Assets and

Offsetting Financial Assets and Financial Liabilities	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Offsetting Financial Assets and Financial Liabilities	NOTE 6: OFFSETTING FINANCIAL ASSETS AND FINANCIAL LIABILITIES The Bank enters into netting agreements with counterparties (such as clearing houses) to manage the credit risks associated primarily with repurchase and reverse repurchase transactions, securities borrowing and lending transactions, and OTC and exchange-traded derivatives. These netting agreements and similar arrangements generally allow the counterparties to set-off liabilities against available assets received. The right to set-off is a legal right to settle or otherwise eliminate all or a portion of an amount due by applying against that amount an amount receivable from the other party. These agreements effectively reduce the Bank’s credit exposure by what it would have been if those same counterparties were liable for the gross exposure on the same underlying contracts. Netting arrangements are typically constituted by a master netting agreement which specifies the general terms of the agreement between the counterparties, including information on the basis of the netting calculation, types of collateral, and the definition of default and other termination events for transactions executed under the agreement. The master netting agreements contain the terms and conditions by which all (or as many as possible) relevant transactions between the counterparties are governed. Multiple individual transactions are subsumed under this general master netting agreement, forming a single legal contract under which the counterparties conduct their relevant mutual business. In addition to the mitigation of credit risk, placing individual transactions under a single master netting agreement that provides for netting of transactions in scope also helps to mitigate settlement risks associated with transacting in multiple jurisdictions or across multiple contracts. These arrangements include clearing agreements, global master repurchase agreements, and global master securities lending agreements. In the normal course of business, the Bank enters into contracts to buy and sell goods and services from various suppliers. Some of these contracts may have netting provisions that allow for the offset of various trade payables and receivables in the event of default of one of the parties. While these are not disclosed in the following table, the gross amount of all payables and receivables to and from the Bank’s vendors is disclosed in Note 16 in accounts receivable and other items, and in Note 18 in accounts payable, accrued expenses, and other items. The Bank also enters into regular way purchases and sales of stocks and bonds. Some of these transactions may have netting provisions that allow for the offset of broker payables and broker receivables related to these purchases and sales. While these are not disclosed in the following table, the amount of receivables are disclosed in amounts receivable from brokers, dealers, and clients and payables are disclosed in amounts payable to brokers, dealers, and clients. The following table provides a summary of the financial assets and liabilities which are subject to enforceable master netting agreements and similar arrangements, including amounts not otherwise set off on the Consolidated Balance Sheet, as well as financial collateral received to mitigate credit exposures for these financial assets and liabilities. The gross financial assets and liabilities are reconciled to the net amounts presented within the associated line on the Consolidated Balance Sheet, after giving effect to transactions with the same counterparties that have been offset on the Consolidated Balance Sheet. Related amounts and collateral received that are not offset on the Consolidated Balance Sheet, but are otherwise subject to the same enforceable netting agreements and similar arrangements, are then presented to arrive at a net amount. Offsetting Financial Assets and Financial Liabilities (millions of Canadian dollars) As at October 31, 2021 Amounts subject to an enforceable 1,2 Gross amounts Gross amounts Net amount Amounts subject to an enforceable agreement Collateral Net Amount Financial Assets Derivatives $ 60,692 $ 6,265 $ 54,427 $ 34,239 $ 9,774 $ 10,414 Securities purchased under 191,818 24,534 167,284 10,130 156,505 649 Total 252,510 30,799 221,711 44,369 166,279 11,063 Financial Liabilities Derivatives 63,387 6,265 57,122 34,239 21,660 1,223 Obligations related to securities sold 168,631 24,534 144,097 10,130 133,626 341 Total $ 232,018 $ 30,799 $ 201,219 $ 44,369 $ 155,286 $ 1,564 October 31, 2020 Financial Assets Derivatives $ 55,732 $ 1,490 $ 54,242 $ 34,970 $ 8,914 $ 10,358 Securities purchased under 198,273 29,111 169,162 38,335 129,682 1,145 Total 254,005 30,601 223,404 73,305 138,596 11,503 Financial Liabilities Derivatives 54,693 1,490 53,203 34,970 16,998 1,235 Obligations related to securities sold 217,987 29,111 188,876 38,335 149,882 659 Total $ 272,680 $ 30,601 $ 242,079 $ 73,305 $ 166,880 $ 1,894 1 Excess collateral as a result of overcollateralization has not been reflected in the table. 2 Includes amounts where the contractual set-off rights are subject to uncertainty under the laws of the relevant jurisdiction.

Securities

Securities	12 Months Ended
	Oct. 31, 2021
Disclosure of detailed information about financial instruments [abstract]
Securities	NOTE 7: SECURITIES Securities are held by the Bank for both trading and non-trading activities. Trading securities are included in Trading loans, securities, and other on the Consolidated Balance Sheet. Non-trading securities are included in Non-trading financial assets at fair value through profit or loss, Financial assets designated at fair value through profit or loss, Financial assets at fair value through other comprehensive income, or Debt securities at amortized cost, net of allowance for credit losses on the Consolidated Balance Sheet. (a) REMAINING TERMS TO MATURITIES OF SECURITIES The remaining terms to contractual maturities of the securities held by the Bank are shown on the following table. Securities Maturity Schedule (millions of Canadian dollars) As at October 31 October 31 Remaining terms to maturities 1 Within Over 1 Over 3 Over 5 Over 10 With no Total Total Trading securities Government and government-related securities Canadian government debt Federal $ 3,219 $ 5,402 $ 514 $ 1,725 $ 336 $ – $ 11,196 $ 21,492 Provinces 1,542 1,710 959 1,396 2,719 – 8,326 8,468 U.S. federal, state, municipal governments, and agencies debt 1,206 3,742 1,072 1,319 5,902 – 13,241 22,825 Other OECD government-guaranteed debt 4,200 858 890 1,227 610 – 7,785 4,563 Mortgage-backed securities Residential 236 554 556 – – – 1,346 1,527 Commercial – 57 36 61 – – 154 163 10,403 12,323 4,027 5,728 9,567 – 42,048 59,038 Other debt securities Canadian issuers 698 1,597 1,312 1,510 853 – 5,970 5,615 Other issuers 3,724 4,039 2,554 1,762 316 – 12,395 13,353 4,422 5,636 3,866 3,272 1,169 – 18,365 18,968 Equity securities Common shares – – – – – 60,074 60,074 43,842 Preferred shares – – – – – 50 50 37 – – – – – 60,124 60,124 43,879 Retained interests – 4 2 3 – – 9 14 Total trading securities $ 14,825 $ 17,963 $ 7,895 $ 9,003 $ 10,736 $ 60,124 $ 120,546 $ 121,899 Non-trading financial assets at fair value through profit or loss Government and government-related securities U.S. federal, state, municipal governments, and agencies debt $ – $ – $ – $ – $ 155 $ – $ 155 $ 388 – – – – 155 – 155 388 Other debt securities Canadian issuers – 67 211 1 – 359 638 652 Asset-backed securities 131 3,555 699 1,056 174 – 5,615 3,292 Other issuers – – – – – 67 67 170 131 3,622 910 1,057 174 426 6,320 4,114 Equity securities Common shares – – – – – 561 561 293 Preferred shares – – – – – 17 17 35 – – – – – 578 578 328 Total non-trading financial assets at fair value through profit or loss $ 131 $ 3,622 $ 910 $ 1,057 $ 329 $ 1,004 $ 7,053 $ 4,830 Financial assets designated at fair value through profit or loss Government and government-related securities Canadian government debt Federal $ 247 $ – $ – $ – $ – $ – $ 247 $ 1,129 Provinces 322 45 8 1,049 101 – 1,525 545 U.S. federal, state, municipal governments, and agencies debt – – 22 – – – 22 11 Other OECD government-guaranteed debt 338 29 – – – – 367 384 907 74 30 1,049 101 – 2,161 2,069 Other debt securities Canadian issuers 262 852 734 460 10 – 2,318 2,180 Other issuers 25 20 16 24 – – 85 490 287 872 750 484 10 – 2,403 2,670 Total financial assets designated at fair value through profit or loss $ 1,194 $ 946 $ 780 $ 1,533 $ 111 $ – $ 4,564 $ 4,739 1 Represents contractual maturities. Actual maturities may differ due to prepayment privileges in the applicable contract. Securities Maturity Schedule (millions of Canadian dollars) As at October 31 October 31 Remaining terms to maturities 1 Within Over 1 Over 3 Over 5 Over 10 With no Total Total Securities at fair value through other comprehensive income Government and government-related securities Canadian government debt Federal $ 2,596 $ 2,005 $ 4,811 $ 2,684 $ 423 $ – $ 12,519 $ 14,126 Provinces 1,120 2,596 3,635 9,940 852 – 18,143 16,502 U.S. federal, state, municipal governments, and agencies debt 10,495 2,696 2,625 13 3,471 – 19,300 33,034 Other OECD government-guaranteed debt 5,302 286 784 192 – – 6,564 10,756 Mortgage-backed securities 1,161 93 – – – – 1,254 3,865 20,674 7,676 11,855 12,829 4,746 – 57,780 78,283 Other debt securities Asset-backed securities 1,682 538 1,432 684 2,645 – 6,981 10,006 Corporate and other debt 1,825 2,386 2,146 1,723 24 – 8,104 9,895 3,507 2,924 3,578 2,407 2,669 – 15,085 19,901 Equity securities Common shares – – – – – 4,117 4,117 2,387 Preferred shares – – – – – 482 482 212 – – – – – 4,599 4,599 2,599 Total securities at fair value through other comprehensive income $ 24,181 $ 10,600 $ 15,433 $ 15,236 $ 7,415 $ 4,599 $ 77,464 $ 100,783 Debt securities at amortized cost, net of allowance for credit losses Government and government-related securities Canadian government debt Federal $ 13,060 $ 1,079 $ 5,392 $ 1,288 $ 1,774 $ – $ 22,593 $ 17,981 Provinces 65 923 2,492 7,428 22 – 10,930 5,627 U.S. federal, state, municipal governments, and agencies debt 1,586 30,807 18,452 47,166 37,292 – 135,303 113,845 Other OECD government - 7,483 15,754 13,123 3,373 – – 39,733 37,140 22,194 48,563 39,459 59,255 39,088 – 208,559 174,593 Other debt securities Asset-backed securities 654 4,989 8,204 6,512 12,813 – 33,172 27,197 Non-agency collateralized mortgage obligation – – – – 16,214 – 16,214 16,992 Canadian issuers – 88 1,110 931 4 – 2,133 887 Other issuers 1,938 2,993 1,867 2,063 – – 8,861 8,010 2,592 8,070 11,181 9,506 29,031 – 60,380 53,086 Total debt securities at amortized cost, net of 24,786 56,633 50,640 68,761 68,119 – 268,939 227,679 Total securities $ 65,117 $ 89,764 $ 75,658 $ 95,590 $ 86,710 $ 65,727 $ 478,566 $ 459,930 1 Represents contractual maturities. Actual maturities may differ due to prepayment privileges in the applicable contract. (b) UNREALIZED SECURITIES GAINS (LOSSES) The following table summarizes the unrealized gains and losses as at October 31, 2021 and October 31, 2020. Unrealized Securities Gains (Losses) for Securities at Fair Value Through Other Comprehensive Income (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Cost/ 1 Gross Gross (losses ) Fair value Cost/ 1 Gross Gross (losses ) Fair value Government and government-related S Canadian government debt Federal $ 12,428 $ 98 $ (7 ) $ 12,519 $ 13,967 $ 160 $ (1 ) $ 14,126 Provinces 17,935 218 (10 ) 18,143 16,342 181 (21 ) 16,502 U.S. federal, state, municipal governments, and 19,232 83 (15 ) 19,300 32,875 192 (33 ) 33,034 Other OECD - 6,551 13 – 6,564 10,720 39 (3 ) 10,756 Mortgage-backed securities 1,251 3 – 1,254 3,855 11 (1 ) 3,865 57,397 415 (32 ) 57,780 77,759 583 (59 ) 78,283 Other debt securities Asset-backed securities 6,957 30 (6 ) 6,981 10,051 26 (71 ) 10,006 Corporate and other debt 8,054 68 (18 ) 8,104 9,853 79 (37 ) 9,895 15,011 98 (24 ) 15,085 19,904 105 (108 ) 19,901 Total debt securities 72,408 513 (56 ) 72,865 97,663 688 (167 ) 98,184 Equity securities Common shares 3,887 310 (80 ) 4,117 2,641 26 (280 ) 2,387 Preferred shares 470 43 (31 ) 482 303 – (91 ) 212 4,357 353 (111 ) 4,599 2,944 26 (371 ) 2,599 Total securities at fair value through other $ 76,765 $ 866 $ (167 ) $ 77,464 $ 100,607 $ 714 $ (538 ) $ 100,783 1 Includes the foreign exchange translation of amortized cost balances at the period-end spot rate. (c) EQUITY SECURITIES DESIGNATED AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME The Bank designated certain equity securities as equity securities at FVOCI. The following table summarizes the fair value and dividend income recognized on equity securities designated at FVOCI as at and for the years ended October 31, 2021 and October 31, 2020. Equity Securities Designated at Fair Value Through Other Comprehensive Income (millions of Canadian dollars) As at For the years ended October 31, 2021 October 31, 2020 October 31, 2021 October 31, 2020 Fair value Dividend income recognized Common shares $ 4,117 $ 2,387 $ 143 $ 93 Preferred shares 482 212 18 14 Total $ 4,599 $ 2,599 $ 161 $ 107 The Bank disposed of certain equity securities in line with the Bank’s investment strategy with a fair value of $146 million during the year ended October 31, 2021 (October 31, 2020 – $40 million). The Bank realized a cumulative gain (loss) of $15 million during the year ended October 31, 2021 (October 31, 2020 – $(18) million) on disposal of these equity securities and recognized dividend income of $2 million during the year ended October 31, 2021 (October 31, 2020 – nil). (d) DEBT SECURITIES NET REALIZED GAINS (LOSSES) The Bank disposed of certain debt securities measured at amortized cost and FVOCI during the year. The following table summarizes the net realized gains and losses on securities sold for the years ended October 31, 2021 and October 31, 2020. Debt Securities Net Realized Gains (Losses) (millions of Canadian dollars) For the years ended October 31 October 31 Debt securities at amortized cost $ (61 ) $ 13 Debt securities at fair value through other comprehensive income 75 27 Total $ 14 $ 40 (e) CREDIT QUALITY OF DEBT SECURITIES The Bank evaluates non-retail credit risk on an individual borrower basis, using both a BRR and FRR, as detailed in the shaded area of the “Managing Risk” section of the 2021 MD&A. This system is used to assess all non-retail exposures, including debt securities. The following table provides the gross carrying amounts of debt securities measured at amortized cost and debt securities at FVOCI by internal risk ratings for credit risk management purposes, presenting separately those debt securities that are subject to Stage 1, Stage 2, and Stage 3 allowances. Refer to the “Allowance for Credit Losses” table in Note 8 for details regarding the allowance and provision for credit losses on debt securities. Debt Securities by Risk Ratings (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Debt securities Investment grade $ 339,426 $ – $ n/a $ 339,426 $ 322,842 $ – $ n/a $ 322,842 Non-Investment grade 2,235 83 n/a 2,318 2,762 244 n/a 3,006 Watch and classified n/a 62 n/a 62 n/a 17 n/a 17 Default n/a n/a – – n/a n/a – – Total debt securities 341,661 145 – 341,806 325,604 261 – 325,865 Allowance for credit losses on debt securities at amortized cost 2 – – 2 2 – – 2 Total debt securities, net of allowance 341,659 145 – 341,804 325,602 261 – 325,863 As at October 31, 2021, total debt securities, net of allowance, in the table above, include debt securities measured at amortized cost, net of allowance, of $268,939 million (October 31, 2020 – $227,679 million), and debt securities measured at FVOCI of $72,865 million (October 31, 2020 – $98,184 million). The difference between probability-weighted ECLs and base ECLs on debt securities at FVOCI and at amortized cost as at both October 31, 2021 and October 31, 2020, was insignificant. Refer to Note 3 for further details.

Loans, Impaired Loans, and Allo

Loans, Impaired Loans, and Allowance for Credit Losses	12 Months Ended
	Oct. 31, 2021
Disclosure of detailed information about financial instruments [abstract]
Loans, Impaired Loans, and Allowance for Credit Losses	NOTE 8: LOANS, IMPAIRED LOANS, AND ALLOWANCE FOR CREDIT LOSSES (a) Loans and Acceptances (millions of Canadian dollars) As at October 31 2021 2020 Residential mortgages $ 268,340 $ 252,219 Consumer instalment and other personal 189,864 185,460 Credit card 30,738 32,334 Business and government 240,070 255,799 729,012 725,812 Customers’ liability under acceptances 18,448 14,941 Loans at FVOCI ( Note 5) 1,602 2,502 Total l a 749,062 743,255 Total allowance for loan losses 6,390 8,290 Total loans and acceptances, net of allowance 742,672 734,965 Business and government loans (including loans at FVOCI) and customers’ liability under acceptances are grouped together as reflected below for presentation in the Loans and Acceptances by Risk Rating table. Loans and Acceptances – Business and Government (millions of Canadian dollars) As at October 31 2021 2020 Loans at amortized cost $ 240,070 $ 255,799 Customers’ liability under acceptances 18,448 14,941 Loans at FVOCI (Note 5) 1,602 2,502 L a 260,120 273,242 Allowance for loan and acceptances losses 2,751 3,415 Loans and acceptances, net of allowance 257,369 269,827 (b) Credit Quality of Loans In the retail portfolio, including individuals and small businesses, the Bank manages exposures on a pooled basis, using predictive credit scoring techniques. For non-retail exposures, each borrower is assigned a BRR that reflects the PD of the borrower using proprietary industry and sector specific risk models and expert judgment. Refer to the shaded areas of the “Managing Risk” section of the 2021 MD&A for further details, including the mapping of PD ranges to risk levels for retail exposures as well as the Bank’s 21-point BRR scale to risk levels and external ratings for non-retail exposures. The following tables provide the gross carrying amounts of loans, acceptances, and credit risk exposures on loan commitments and financial guarantee contracts by internal risk ratings for credit risk management purposes, presenting separately those that are subject to Stage 1, Stage 2, and Stage 3 allowances. Loans and Acceptances by Risk Ratings (millions of Canadian dollars) As at October 31, 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 $ 208,030 $ 4,113 $ n/a $ 212,143 $ 169,710 $ 3,125 $ n/a $ 172,835 Normal Risk 38,922 9,768 n/a 48,690 56,663 9,938 n/a 66,601 Medium Risk – 4,405 n/a 4,405 – 7,690 n/a 7,690 High Risk – 2,380 266 2,646 – 4,120 443 4,563 Default n/a n/a 456 456 n/a n/a 530 530 Total loans 246,952 20,666 722 268,340 226,373 24,873 973 252,219 Allowance for loan losses 35 175 51 261 32 205 65 302 Loans, net of allowance 246,917 20,491 671 268,079 226,341 24,668 908 251,917 Consumer instalment and other personal 4 Low Risk 94,425 1,397 n/a 95,822 77,178 1,199 n/a 78,377 Normal Risk 62,484 1,255 n/a 63,739 59,349 1,360 n/a 60,709 Medium Risk 18,201 3,917 n/a 22,118 28,094 3,631 n/a 31,725 High Risk 1,073 6,346 379 7,798 3,700 9,940 638 14,278 Default n/a n/a 387 387 n/a n/a 371 371 Total loans 176,183 12,915 766 189,864 168,321 16,130 1,009 185,460 Allowance for loan losses 520 914 139 1,573 567 1,265 187 2,019 Loans, net of allowance 175,663 12,001 627 188,291 167,754 14,865 822 183,441 Credit card Low Risk 5,467 7 n/a 5,474 3,916 49 n/a 3,965 Normal Risk 10,109 68 n/a 10,177 7,027 129 n/a 7,156 Medium Risk 8,909 1,158 n/a 10,067 10,431 804 n/a 11,235 High Risk 476 4,319 149 4,944 3,493 6,180 206 9,879 Default n/a n/a 76 76 n/a n/a 99 99 Total loans 24,961 5,552 225 30,738 24,867 7,162 305 32,334 Allowance for loan losses 671 996 138 1,805 624 1,726 204 2,554 Loans, net of allowance 24,290 4,556 87 28,933 24,243 5,436 101 29,780 Business and government 1,2,3,5 Investment grade or Low/Normal Risk 110,129 699 n/a 110,828 120,106 250 n/a 120,356 Non-Investment grade or Medium Risk 125,638 12,149 n/a 137,787 126,509 11,818 n/a 138,327 Watch and classified or High Risk 108 10,547 70 10,725 890 12,567 120 13,577 Default n/a n/a 780 780 n/a n/a 982 982 Total loans and acceptances 235,875 23,395 850 260,120 247,505 24,635 1,102 273,242 Allowance for loan and acceptances losses 1,037 1,407 307 2,751 1,321 1,706 388 3,415 Loans and acceptances, net of allowance 234,838 21,988 543 257,369 246,184 22,929 714 269,827 Total loans and acceptances 6 683,971 62,528 2,563 749,062 667,066 72,800 3,389 743,255 Total allowance for loan losses 6,7 2,263 3,492 635 6,390 2,544 4,902 844 8,290 Total loans and acceptances, net of allowance 6 $ 681,708 $ 59,036 $ 1,928 $ 742,672 $ 664,522 $ 67,898 $ 2,545 $ 734,965 1 As at October 31, 2021, impaired loans with a balance of $86 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 October 31, 2021, excludes trading loans and non-trading loans at FVTPL with a fair value of $12 billion (October 31, 2020 – $13 billion) and $2 billion (October 31, 2020 – $4 billion), respectively. 3 As at October 31, 2021, includes insured mortgages of $82 billion (October 31, 2020 – $86 billion). 4 As at October 31, 2021, includes Canadian government-insured real estate personal loans of $10 billion (October 31, 2020 – $12 billion). 5 As at October 31, 2021, includes loans guaranteed by government agencies of $26 billion (October 31, 2020 – $27 billion), which are primarily classified in Non-Investment grade or a lower risk rating based on the borrowers’ credit risk. 6 As at October 31, 2021, Stage 3 includes ACI loans of $152 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. 7 Includes allowance for loan losses related to loans that are measured at FVOCI of nil as at October 31, 2021 (October 31, 2020 – $1 m TD BANK GROUP • • Page 4 7 Loans and Acceptances by Risk Ratings (Continued) – Off-Balance Sheet Credit Instruments 1 (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Retail Exposures 2 Low Risk $ 222,348 $ 232 $ n/a $ 222,580 $ 200,226 $ 724 $ n/a $ 200,950 Normal Risk 80,529 501 n/a 81,030 78,448 1,124 n/a 79,572 Medium Risk 13,993 551 n/a 14,544 35,187 1,444 n/a 36,631 High Risk 890 1,004 – 1,894 2,004 3,025 – 5,029 Default n/a n/a – – n/a n/a – – Non-Retail Exposures 3 Investment grade 195,293 – n/a 195,293 194,182 – n/a 194,182 Non-Investment grade 80,076 5,329 n/a 85,405 76,280 6,553 n/a 82,833 Watch and classified 38 5,097 – 5,135 18 4,416 – 4,434 Default n/a n/a 86 86 n/a n/a 144 144 Total off-balance sheet credit instruments 593,167 12,714 86 605,967 586,345 17,286 144 603,775 Allowance for off-balance sheet credit instruments 386 467 3 856 381 672 34 1,087 Total off-balance sheet credit instruments, net of allowance $ 592,781 $ 12,247 $ 83 $ 605,111 $ 585,964 $ 16,614 $ 110 $ 602,688 1 Exclude mortgage commitments. 2 As at October 31, 2021, includes $318 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 October 31, 2021, includes $48 billion (October 31, 2020 – $43 billion) of the undrawn component of uncommitted credit and liquidity facilities. (c) Impaired Loans 1 (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Unpaid 2 Carrying Related Average Unpaid 2 Carrying Related Average Residential mortgages $ 681 $ 630 $ 51 $ 717 $ 885 $ 825 $ 67 $ 781 Consumer instalment and other personal 799 746 139 850 1,068 988 186 1,067 Credit card 224 225 138 258 305 305 204 446 Business and government 912 810 301 968 1,134 1,039 377 1,137 Total $ 2,616 $ 2,411 $ 629 $ 2,793 $ 3,392 $ 3,157 $ 834 $ 3,431 1 Balances exclude ACI loans. 2 Represents contractual amount of principal owed. (d) Allowance for Credit Losses (millions of Canadian dollars) Foreign exchange, disposals, and other adjustments Foreign exchange, disposals, and other adjustments Balance at beginning of year Provision for credit losses Write-offs, net of recoveries Balance at end of year Balance at beginning of year Provision for credit losses Write-offs, Balance at end of year For the years ended October 31 2021 2020 Residential mortgages $ 302 $ (26 ) $ (10 ) $ (5 ) $ 261 $ 110 $ 214 $ (25 ) $ 3 $ 302 Consumer instalment and other personal 2,112 135 (531 ) (67 ) 1,649 1,309 1,798 (983 ) (12 ) 2,112 Credit card 3,184 (14 ) (708 ) (148 ) 2,314 1,929 2,691 (1,414 ) (22 ) 3,184 Business and government 3,779 (320 ) (249 ) (188 ) 3,022 1,684 2,539 (378 ) (66 ) 3,779 Total allowance for loan losses, including off-balance sheet instruments 9,377 (225 ) (1,498 ) (408 ) 7,246 5,032 7,242 (2,800 ) (97 ) 9,377 Debt securities at amortized cost 2 – – – 2 1 – – 1 2 Debt securities at FVOCI 5 1 – 1 7 3 – – 2 5 Total allowance for credit losses on debt securities 7 1 – 1 9 4 – – 3 7 Total allowance for credit losses $ 9,384 $ (224 ) $ (1,498 ) $ (407 ) $ 7,255 $ 5,036 $ 7,242 $ (2,800 ) $ (94 ) $ 9,384 Comprising: Allowance for credit losses on loans at amortized cost $ 8,289 $ 6,390 $ 4,447 $ 8,289 Allowance for credit losses on loans at FVOCI 1 – – 1 Allowance for loan losses 8,290 6,390 4,447 8,290 Allowance for off-balance sheet instruments 1,087 856 585 1,087 Allowance for credit losses on debt securities 7 9 4 7 (e) Allowance for Loan Losses by Stage (millions of Canadian dollars) For the years ended October 31 2021 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 2 126 (123 ) (3 ) – 66 (65 ) (1 ) – Transfer to Stage 2 (38 ) 56 (18 ) – (33 ) 46 (13 ) – Transfer to Stage 3 – (14 ) 14 – – (14 ) 14 – Net remeasurement due to transfers into stage 3 (20 ) 12 – (8 ) (20 ) 29 – 9 New originations or purchases 4 21 n/a n/a 21 15 n/a n/a 15 Net repayments 5 (4 ) (4 ) – (8 ) – (1 ) – (1 ) Derecognition of financial assets (excluding disposals and write-offs) 6 (6 ) (35 ) (55 ) (96 ) (4 ) (11 ) (22 ) (37 ) Changes to risk, parameters, and models 7 (74 ) 83 56 65 (21 ) 196 53 228 Disposals – – – – – – – – Write-offs – – (16 ) (16 ) – – (26 ) (26 ) Recoveries – – 6 6 1 (1 ) 1 1 Foreign exchange and other adjustments (2 ) (5 ) 2 (5 ) – – 3 3 Balance at end of period $ 35 $ 175 $ 51 $ 261 $ 32 $ 205 $ 65 $ 302 Consumer Instalment and Other Personal Balance, including off-balance sheet instruments, at beginning of period $ 595 $ 1,330 $ 187 $ 2,112 $ 717 $ 417 $ 175 $ 1,309 Provision for credit losses Transfer to Stage 1 2 1,154 (1,143 ) (11 ) – 490 (473 ) (17 ) – Transfer to Stage 2 (145 ) 201 (56 ) – (438 ) 504 (66 ) – Transfer to Stage 3 (7 ) (195 ) 202 – (11 ) (147 ) 158 – Net remeasurement due to transfers into stage 3 (332 ) 157 8 (167 ) (216 ) 473 11 268 New originations or purchases 4 221 n/a n/a 221 327 n/a n/a 327 Net repayments 5 (96 ) (96 ) (14 ) (206 ) (92 ) (62 ) (11 ) (165 ) Derecognition of financial assets (excluding disposals and write-offs) 6 (93 ) (159 ) (41 ) (293 ) (95 ) (73 ) (31 ) (199 ) Changes to risk, parameters, and models 7 (727 ) 901 406 580 (83 ) 698 952 1,567 Disposals – – – – – – – – Write-offs – – (848 ) (848 ) – – (1,261 ) (1,261 ) Recoveries – – 317 317 – – 278 278 Foreign exchange and other adjustments (20 ) (36 ) (11 ) (67 ) (4 ) (7 ) (1 ) (12 ) Balance, including off-balance sheet instruments, at end of period 550 960 139 1,649 595 1,330 187 2,112 Less: Allowance for off-balance sheet instruments 8 30 46 – 76 28 65 – 93 Balance at end of period $ 520 $ 914 $ 139 $ 1,573 $ 567 $ 1,265 $ 187 $ 2,019 Credit Card 9 Balance, including off-balance sheet instruments, at beginning of period $ 799 $ 2,181 $ 204 $ 3,184 $ 934 $ 673 $ 322 $ 1,929 Provision for credit losses Transfer to Stage 1 2 1,509 (1,488 ) (21 ) – 1,000 (970 ) (30 ) – Transfer to Stage 2 (180 ) 232 (52 ) – (598 ) 673 (75 ) – Transfer to Stage 3 (8 ) (632 ) 640 – (19 ) (638 ) 657 – Net remeasurement due to transfers into stage 3 (478 ) 277 10 (191 ) (356 ) 830 22 496 New originations or purchases 4 122 n/a n/a 122 174 n/a n/a 174 Net repayments 5 (98 ) (20 ) 20 (98 ) (35 ) (7 ) 35 (7 ) Derecognition of financial assets (excluding disposals and write-offs) 6 (50 ) (131 ) (219 ) (400 ) (145 ) (174 ) (378 ) (697 ) Changes to risk, parameters, and models 7 (696 ) 973 276 553 (152 ) 1,814 1,063 2,725 Disposals – – – – – – – – Write-offs – – (1,011 ) (1,011 ) – – (1,720 ) (1,720 ) Recoveries – – 303 303 – – 306 306 Foreign exchange and other adjustments (42 ) (94 ) (12 ) (148 ) (4 ) (20 ) 2 (22 ) Balance, including off-balance sheet instruments, at end of period 878 1,298 138 2,314 799 2,181 204 3,184 Less: Allowance for off-balance sheet instruments 8 207 302 – 509 175 455 – 630 Balance at end of period $ 671 $ 996 $ 138 $ 1,805 $ 624 $ 1,726 $ 204 $ 2,554 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 r e 5 Represents the changes in the allowance related to cash flow changes associated with new draws or repayments on loans outstanding. 6 Represents the decrease in the allowance resulting from loans that were fully repaid and excludes the decrease associated with loans that were disposed or fully written off. 7 Represents the changes in the allowance related to current period changes in risk (e.g. PD) caused by changes to macroeconomic factors, level of risk, parameters, and/or models, subsequent to stage migration. Refer to the “Measurement of Expected Credit Losses”, “Forward Looking Information” and “Expert Credit Judgment” sections of Note 2, Summary of Significant Accounting Policies Significant Accounting Judgments, Estimates and Assumptions 8 The allowance for loan losses for off-balance sheet instruments is recorded in Other liabilities on the Consolidated Balance Sheet. 9 Credit cards are considered impaired and migrate to Stage 3 when they are 90 days past due and written off at 180 days past due. Refer to Note 2 for further details. Allowance for Loan Losses by Stage (millions of Canadian dollars) For the years ended October 31 2021 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 sheet instruments, as beginning of period $ 1,499 $ 1,858 $ 422 $ 3,779 $ 736 $ 740 $ 208 $ 1,684 Provision for credit losses Transfer to Stage 1 3 476 (471 ) (5 ) – 255 (248 ) (7 ) – Transfer to Stage 2 (497 ) 508 (11 ) – (459 ) 482 (23 ) – Transfer to Stage 3 (5 ) (103 ) 108 – (14 ) (131 ) 145 – Net remeasurement due to transfers into stage 3 (117 ) 122 (2 ) 3 (94 ) 256 (4 ) 158 New originations or purchases 3 1,123 n/a n/a 1,123 871 n/a n/a 871 Net repayments 3 (24 ) (122 ) (92 ) (238 ) (52 ) (68 ) (54 ) (174 ) Derecognition of financial assets (excluding disposals and write-offs) 3 (813 ) (758 ) (358 ) (1,929 ) (459 ) (503 ) (242 ) (1,204 ) Changes to risk, parameters, and models 3 (384 ) 578 527 721 727 1,334 827 2,888 Disposals – – (4 ) (4 ) – – (22 ) (22 ) Write-offs – – (298 ) (298 ) – – (430 ) (430 ) Recoveries – – 49 49 – – 52 52 Foreign exchange and other adjustments (72 ) (86 ) (26 ) (184 ) (12 ) (4 ) (28 ) (44 ) Balance, including off-balance sheet instruments, at end of period 1,186 1,526 310 3,022 1,499 1,858 422 3,779 Less: Allowance for off-balance sheet instruments 4 149 119 3 271 178 152 34 364 Balance at end of period 1,037 1,407 307 2,751 1,321 1,706 388 3,415 Total Allowance, including off-balance sheet instruments, at end of period 2,649 3,959 638 7,246 2,925 5,574 878 9,377 Less: Total Allowance for off-balance sheet instruments 386 467 3 856 381 672 34 1,087 Total Allowance for Loan Losses at end of period $ 2,263 $ 3,492 $ 635 $ 6,390 $ 2,544 $ 4,902 $ 844 $ 8,290 1 Includes allowance for loan losses related to ACI loans. 2 Includes the allowance for loan losses related to customers’ liability under acceptances. 3 For explanations regarding this line item, refer to the “Allowance for Loan Losses” table on the previous page in this Note. 4 The allowance for loan losses for off-balance sheet instruments is recorded in Other liabilities on the Consolidated Balance Sheet. The allowance for credit losses on all remaining financial assets is not significant. ( f ) FORWARD-LOOKING INFORMATION Relevant macroeconomic factors are incorporat e 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 forecast period for the base forecast and upside and downside scenarios used in determining the Bank’s ECLs as at October 31, 2021 and October 31, 2020. As the forecast period increases, information about the future becomes less readily available and projections are anchored on assumptions around structural relationships between economic parameters that are inherently much less certain. Relative to a year ago, the economy has made substantial progress in recovering from the economic shock caused by the COVID-19 pandemic. As the economy moves farther away from the initial economic shocks of the pandemic, uncertainty around the economic forecast continues to decrease. Macroeconomic Variables As at October 31, 2021 Base Forecast Upside Scenario Downside Scenario Average 1 Remaining 1 Average 1 Remaining 1 Average 1 Remaining 1 Unemployment rate Canada 6.3 % 5.7 % 6.3 % 5.4 % 8.0 % 7.3 % United States 4.3 3.5 4.3 3.2 5.7 4.8 Real GDP Canada 4.0 2.1 5.1 2.1 (0.1 ) 2.5 United States 4.5 2.1 5.6 2.0 1.3 2.4 Home prices Canada (average existing price) 2 4.7 1.0 6.4 2.0 1.0 (0.4 ) United States (CoreLogic HPI) 3 10.6 3.1 13.5 3.2 7.4 1.9 Central bank policy interest rate Canada 0.25 1.52 0.44 1.84 0.25 0.86 United States 0.25 1.67 0.44 2.02 0.25 1.02 U.S. 10-year treasury yield 1.93 2.24 2.14 2.33 1.33 2.06 U.S. 10-year BBB spread (%-pts) 1.45 1.79 1.39 1.71 1.73 1.79 Exchange rate (U.S. dollar/Canadian dollar) $ 0.78 $ 0.79 $ 0.79 $ 0.80 $ 0.76 $ 0.77 October 31, 2020 Base Forecast Upside Scenario Downside Scenario Average Q4 2020- Q3 2021 1 Remaining 4-year 1 Average Q4 2020- Q3 2021 1 Remaining 4-year 1 Average Q4 2020- Q3 2021 1 Remaining 4-year 1 Unemployment rate Canada 8.4 % 6.1 % 7.8 % 5.7 % 10.2 % 6.2 % United States 7.8 4.8 7.1 4.1 9.4 5.1 Real GDP Canada 2.4 2.2 3.2 2.8 (0.7 ) 2.9 United States 1.8 2.4 2.3 3.0 (1.5 ) 3.1 Home prices Canada (average existing price) 2 6.0 1.1 7.4 3.1 (3.5 ) 3.5 United States (CoreLogic HPI) 3 2.9 2.9 3.4 4.1 (2.4 ) 4.1 Central bank policy interest rate Canada 0.25 0.50 0.25 0.64 0.25 0.39 United States 0.25 0.50 0.25 0.72 0.25 0.39 U.S. 10-year treasury yield 0.96 1.82 1.39 2.78 0.69 1.71 U.S. 10-year BBB spread (%-pts) 1.87 1.80 1.77 1.53 2.14 1.81 Exchange rate (U.S. dollar/Canadian dollar) $ 0.78 $ 0.77 $ 0.78 $ 0.81 $ 0.76 $ 0.77 1 The numbers represent average values for the quoted periods, and average of year-on-year growth for real GDP and home prices. 2 The average home price is the average transacted sale price of homes sold via the Multiple Listing Service; data is collected by the Canadian Real Estate Association. 3 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. (g) 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. Refer to Note 3 for further details and for significant judgments applied as a result of COVID-19. The following table presents the base ECL scenario compared to the probability-weighted ECLs, with the latter derived from three ECL scenarios for performing loans and off-balance sheet instruments. The difference reflects the impact of deriving multiple scenarios around the base ECLs and resultant change in ECLs due to non-linearity and sensitivity to using macroeconomic forecasts. Change from Base to Probability-Weighted ECLs (millions of Canadian dollars, except as noted) As at October 31, 2021 October 31, 2020 Probability-weighted ECLs $ 6,608 $ 8,500 Base ECLs 6,412 8,157 Difference – in amount $ 196 $ 343 Difference – in percentage 3.0 % 4.0 % ECLs for performing loans and off-balance sheet instruments consist of an aggregate amount of Stage 1 and Stage 2 probability-weighted ECLs which are twelve-month ECLs and lifetime ECLs, respectively. Transfers from Stage 1 to Stage 2 ECLs result from a significant increase in credit risk since initial recognition of the loan. The following table shows the estimated impact of staging on ECLs by presenting all performing loans and off-balance sheet instruments calculated using twelve-month Incremental Lifetime ECLs Impact (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Probability-weighted ECLs $ 6,608 $ 8,500 All performing loans and off-balance sheet instruments using 12-month ECLs 4,903 6,482 Incremental lifetime ECLs impact $ 1,705 $ 2,018 (h) FORECLOSED ASSETS Foreclosed assets are repossessed non-financial assets where the Bank gains title, ownership, or possession of individual properties, such as real estate properties, which are managed for sale in an orderly manner with the proceeds used to reduce or repay any outstanding debt. The Bank does not generally occupy foreclosed properties for its business use. The Bank predominantly relies on third-party appraisals to determine the carrying value of foreclosed assets. Foreclosed assets held for sale were $53 million as at October 31, 2021 (October 31, 2020 – $77 million), and were recorded in Other assets on the Consolidated Balance Sheet. (i) 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 (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 31-60 days 61-89 days Total 31-60 days 61-89 days Total Residential mortgages $ 229 $ 62 $ 291 $ 221 $ 64 $ 285 Consumer instalment and other personal 512 156 668 590 200 790 Credit card 186 113 299 218 149 367 Business and government 785 139 924 723 329 1,052 Total $ 1,712 $ 470 $ 2,182 $ 1,752 $ 742 $ 2,494 1 Includes loans that are measured at FVOCI. 2 Loans deferred under a Bank-led COVID-19 relief program were not considered past due. Where such loans were already past due, they were not aged further during the deferral period. Aging for deferred loans commences subsequent to the deferral period. (j) MODIFIED FINANCIAL ASSETS To provide financial relief to customers affected by the economic consequences of COVID-19, the Bank offered certain relief programs, including payment deferral options for residential mortgages, home equity loans, personal loans, auto loans, and commercial and small business loans. Including the modifications under the COVID-19 relief programs, the amortized cost of financial assets with lifetime allowance that were modified during the year ended October 31, 2021, was $489 million (October 31, 2020 – $7.7 billion) before modification, with insignificant modification gain or loss. The gross carrying amount of modified financial assets for which the loss allowance changed from lifetime to twelve-month ECLs during the year ended October 31, 2021 was $1.1 billion (October 31, 2020 – $609 million). (k) COLLATERAL As at October 31, 2021, the collateral held against total gross impaired loans represents 83% (October 31, 2020 – 86%) of total gross impaired loans. The fair value of non-financial collateral is determined at the origination date of the loan. A revaluation of non-financial collateral is performed if there has been a significant change in the terms and conditions of the loan and/or the loan is considered impaired. Management considers the nature of the collateral, seniority ranking of the debt, and loan structure in assessing the value of collateral. These estimated cash flows are reviewed at least annually, or more frequently when new information indicates a change in the timing or amount expected to be received.

Transfers Of Financial Assets

Transfers Of Financial Assets	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Transfers Of Financial Assets	NOTE 9: TRANSFERS OF FINANCIAL ASSETS LOAN SECURITIZATIONS The Bank securitizes loans through structured entity or non-structured entity third parties. Most loan securitizations do not qualify for derecognition since in most circumstances, the Bank continues to be exposed to substantially all of the prepayment, interest rate, and/or credit risk associated with the securitized financial assets and has not transferred substantially all of the risk and rewards of ownership of the securitized assets. Where loans do not qualify for derecognition, they are not derecognized from the balance sheet, retained interests are not recognized, and a securitization liability is recognized for the cash proceeds received. Certain transaction costs incurred are also capitalized and amortized using EIRM. The Bank securitizes insured residential mortgages under the National Housing Act Mortgage-Backed Securities (NHA MBS) program sponsored by the Canada Mortgage and Housing Corporation (CMHC). The MBS that are created through the NHA MBS program are sold to the Canada Housing Trust (CHT) as part of the CMB program, sold to third-party investors, or are held by the Bank. The CHT issues CMB to third-party investors and uses resulting proceeds to purchase NHA MBS from the Bank and other mortgage issuers in the Canadian market. Assets purchased by the CHT are comingled in a single trust from which CMB are issued. The Bank continues to be exposed to substantially all of the risks of the underlying mortgages, through the retention of a seller swap which transfers principal and interest payment risk on the NHA MBS back to the Bank in return for coupon paid on the CMB issuance and as such, the sales do not qualify for derecognition. The Bank securitizes U.S. originated residential mortgages with U.S. government agencies which qualify for derecognition from the Bank’s Consolidated Balance Sheet. As part of the securitization, the Bank retains the right to service the transferred mortgage loans. The MBS that are created through the securitization are typically sold to third-party investors. The Bank also securitizes personal loans and business and government loans to entities which may be structured entities. These securitizations may give rise to derecognition of the financial assets depending on the individual arrangement of each transaction. In addition, the Bank transfers credit card receivables, consumer instalment and other personal loans to structured entities that the Bank consolidates. Refer to Note 10 for further details. The following table summarizes the securitized asset types that did not qualify for derecognition, along with their associated securitization liabilities as at October 31, 2021 and October 31, 2020. Financial Assets Not Qualifying for Derecognition Treatment as Part of the Bank’s Securitization Programs (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Fair value Carrying Fair value Carrying Nature of transaction Securitization of residential mortgage loans $ 24,428 $ 24,367 $ 25,622 $ 25,271 Other financial assets transferred related to securitization 1 4,209 4,207 4,101 4,084 Total 28,637 28,574 29,723 29,355 Associated liabilities 2 $ 28,707 $ 28,767 $ 29,861 $ 29,486 1 Includes asset-backed securities, asset-backed commercial paper (ABCP), cash, repurchase agreements, and Government of Canada securities used to fulfil funding requirements of the Bank’s securitization structures after the initial securitization of mortgage loans. 2 Includes securitization liabilities carried at amortized cost of $15 billion as at October 31, 2021 (October 31, 2020 – $16 billion), and securitization liabilities carried at fair value of $14 billion as at October 31, 2021 (October 31, 2020 – $14 billion). Other Financial Assets Not Qualifying for Derecognition The Bank enters into certain transactions where it transfers previously recognized commodities and financial assets, such as debt and equity securities, but retains substantially all of the risks and rewards of those assets. These transferred assets are not derecognized and the transfers are accounted for as financing transactions. The most common transactions of this nature are repurchase agreements and securities lending agreements, in which the Bank retains substantially all of the associated credit, price, interest rate, and foreign exchange risks and rewards associated with the assets. The following table summarizes the carrying amount of financial assets and the associated transactions that did not qualify for derecognition, as well as their associated financial liabilities as at October 31, 2021 and October 31, 2020. Other Financial Assets Not Qualifying for Derecognition 1 (millions of Canadian dollars) As at October 31 2021 October 31 2020 Carrying amount of assets Nature of transaction Repurchase agreements 2,3 $ 20,849 $ 28,665 Securities lending agreements 44,234 38,934 Total 65,083 67,599 Carrying amount of associated liabilities 3 $ 20,871 $ 27,971 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current year. 2 Includes $2.0 billion, as at October 31, 2021 (October 31, 2020 – $2.4 billion) of assets related to repurchase agreements or swaps that are collateralized by physical precious metals. 3 Associated liabilities are all related to repurchase agreements. TRANSFERS OF FINANCIAL ASSETS QUALIFYING FOR DERECOGNITION Transferred financial assets that are derecognized in their entirety where the Bank has a continuing involvement Continuing involvement may arise if the Bank retains any contractual rights or obligations subsequent to the transfer of financial assets. Certain business and government loans securitized by the Bank are derecognized from the Bank’s Consolidated Balance Sheet. In instances where the Bank fully derecognizes business and government loans, the Bank may be exposed to the risks of transferred loans through a retained interest. As at October 31, 2021, the fair value of retained interests was $9 million (October 31, 2020 – $14 million). A gain or loss on sale of the loans is recognized immediately in other income after considering the effect of hedge accounting on the assets sold, if applicable. The amount of the gain or loss recognized depends on the previous carrying values of the loans involved in the transfer, allocated between the assets sold and the retained interests based on their relative fair values at the date of transfer. For the year ended October 31, 2021, the trading income recognized on the retained interest was nil (October 31, 2020 – nil). Certain portfolios of U.S. residential mortgages originated by the Bank are sold and derecognized from the Bank’s Consolidated Balance Sheet. In certain instances, the Bank has a continuing involvement to service those loans. As at October 31, 2021, the carrying value of these servicing rights was $87 million (October 31, 2020 – $61 million) and the fair value was $93 million (October 31, 2020 – $56 million). A gain or loss on sale of the loans is recognized immediately in income (loss) from non-trading financial instruments at fair value through profit or loss. The gain (loss) on sale of the loans for the year ended October 31, 2021 was $66 million (October 31, 2020 – $78 million). Canada Emergency Business Account Program Under the Canada Emergency Business Account (CEBA) Program, with funding provided by H er Majesty in Right of Canada (the “Government of Canada”) and Export Development Canada as the Government of Canada’s agent, the Bank provided 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 exten

Structured Entities

Structured Entities	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Structured Entities	NOTE 10: STRUCTURED ENTITIES The Bank uses structured entities for a variety of purposes including: (1) to facilitate the transfer of specified risks to clients; (2) as financing vehicles for itself or for clients; or (3) to segregate assets on behalf of investors. The Bank is typically restricted from accessing the assets of the structured entity under the relevant arrangements. The Bank is involved with structured entities that it sponsors, as well as entities sponsored by third parties. Factors assessed when determining if the Bank is the sponsor of a structured entity include whether the Bank is the predominant user of the entity; whether the entity’s branding or marketing identity is linked with the Bank; and whether the Bank provides an implicit or explicit guarantee of the entity’s performance to investors or other third parties. The Bank is not considered to be the sponsor of a structured entity if it only provides arm’s-length services to the entity, for example, by acting as administrator, distributor, custodian, asset manager, or loan servicer. Sponsorship of a structured entity may indicate that the Bank had power over the entity at inception; however, this is not sufficient to determine if the Bank consolidates the entity. Regardless of whether or not the Bank sponsors an entity, consolidation is determined on a case-by-case basis. ( a) SPONSORED STRUCTURED ENTITIES The following section outlines the Bank’s involvement with key sponsored structured entities. Securitizations The Bank securitizes its own assets and facilitates the securitization of client assets through structured entities, such as conduits, which issue ABCP or other securitization entities which issue longer-dated term securities. Securitizations are an important source of liquidity for the Bank, allowing it to diversify its funding sources and to optimize its balance sheet management approach. The Bank sponsors both single-seller and multi-seller securitization conduits. Depending on the specifics of the entity, the variable returns absorbed through ABCP may be significantly mitigated by variable returns retained by the sellers. The Bank provides liquidity facilities to certain conduits for the benefit of ABCP investors which are structured as loan facilities between the Bank, as the sole liquidity lender, and the Bank-sponsored entity. If an entity experiences difficulty issuing ABCP due to illiquidity in the commercial market, the entity may draw on the loan facility, and use the proceeds to pay maturing ABCP. The ABCP issued by each multi-seller conduit is in the conduit’s own name with recourse to the financial assets owned by the multi-seller conduit, and is non-recourse to the Bank except through our participation in liquidity facilities. The Bank’s exposure to the variable returns of these conduits from its provision of liquidity facilities and any related commitments is mitigated by the sellers’ continued exposure to variable returns, as described below. The Bank provides administration and securities distribution services to its sponsored securitization conduits, which may result in it holding an investment in the ABCP issued by these entities. In some cases, the Bank may also provide credit enhancements or may transact derivatives with securitization conduits. The Bank earns fees from the conduits which are recognized when earned. The Bank sells assets to single-seller conduits which it controls and consolidates. Control results from the Bank’s power over the entity’s key economic decisions, predominantly, the mix of assets sold into the conduit and exposure to the variable returns of the transferred assets, usually through a derivative or the provision of credit mitigation in the form of cash reserves, over-collateralization, or guarantees over the performance of the entity’s portfolio of assets. Multi-seller conduits provide customers with alternate sources of financing through the securitization of their assets. These conduits are similar to single-seller conduits except that financial assets are purchased from more than one seller and commingled into a single portfolio of assets. Each transaction is structured with transaction-specific first loss protection provided by the third-party seller. This enhancement can take various forms, including but not limited to overcollateralization, excess spread, subordinated classes of financial assets, guarantees or letters of credit. The Bank is typically deemed to have power over the entity’s key economic decisions, namely, the selection of sellers and related assets sold as well as other decisions related to the management of risk in the vehicle. The Bank’s exposure to the variable returns of multi-seller multi-seller Investment Funds and Other Asset Management Entities As part of its asset management business, the Bank creates investment funds and trusts (including mutual funds), enabling it to provide its clients with a broad range of diversified exposure to different risk profiles, in accordance with the client’s risk appetite. Such entities may be actively managed or may be passively directed, for example, through the tracking of a specified index, depending on the entity’s investment strategy. Financing for these entities is obtained through the issuance of securities to investors, typically in the form of fund units. Based on each entity’s specific strategy and risk profile, the proceeds from this issuance are used by the entity to purchase a portfolio of assets. An entity’s portfolio may contain investments in securities, derivatives, or other assets, including cash. At the inception of a new investment fund or trust, the Bank will typically invest an amount of seed capital in the entity, allowing it to establish a performance history in the market. Over time, the Bank sells its seed capital holdings to third-party investors, as the entity’s AUM increases. As a result, the Bank’s holding of seed capital investment in its own sponsored investment funds and trusts is typically not significant to the Consolidated Financial Statements. Aside from any seed capital investments, the Bank’s interest in these entities is generally limited to fees earned for the provision of asset management services. The Bank does not typically provide guarantees over the performance of these funds. The Bank is typically considered to have power over the key economic decisions of sponsored asset management entities; however, it does not consolidate an entity unless it is also exposed to significant variable returns of the entity. This determination is made on a case-by-case basis, in accordance with the Bank’s consolidation policy. Financing Vehicles The Bank may use structured entities to provide a cost-effective means of financing its operations, including raising capital or obtaining funding. These structured entities include: (1) TD Capital Trust IV (Trust IV) and (2) TD Covered Bond (Legislative) Guarantor Limited Partnership (the “Covered Bond Entity”). The Bank had previously issued TD Capital Trust III Securities – Series 2008 (TD CaTS III) through TD Capital Trust III (Trust III), which were included in Non-controlling interests in subsidiaries on the Consolidated Balance Sheet. The TD CaTS III were fully redeemed on December 31, 2018 at a price of $1 billion plus the unpaid distribution payable on the redemption date. Trust IV issued innovative capital securities which count as Tier 1 Capital of the Bank, but, under Basel III, are considered non-qualifying capital instruments and are subject to the Basel III phase-out rules. The proceeds from these issuances were invested in bank deposit notes which generate income for distribution to investors. Trust IV holds assets which are only exposed to the Bank’s own credit risk. The Bank is considered to have decision-making power over the key economic activities of Trust IV; however, the Bank does not consolidate the trust because it does not absorb significant variable returns of the trust as it is ultimately exposed only to its own credit risk. On June 30, 2019, Trust IV redeemed all of the outstanding $550 million TD Capital Trust IV Notes – Series 1 (TD CaTS IV – 1). On June 30, 2021, Trust IV redeemed all of the outstanding $750 million TD Capital Trust IV Notes – Series 3 (TD CaTS IV – 3). On November 1, 2021, Trust IV redeemed all of the outstanding $450 million TD Capital Trust IV Notes – Series 2 (TD CaTS IV – 2). Refer to Note 20 for further details. The Bank issues, or has issued, debt under its covered bond program where the principal and interest payments of the notes are guaranteed by the Covered Bond Entity. The Bank sold a portfolio of assets to the Covered Bond Entity and provided a loan to the Covered Bond Entity to facilitate the purchase. The Bank is restricted from accessing the Covered Bond Entity’s assets under the relevant agreement. Investors in the Bank’s covered bonds may have recourse to the Bank should the assets of the Covered Bond Entity be insufficient to satisfy the covered bond liabilities. The Bank consolidates the Covered Bond Entity as it has power over the key economic activities and retains all the variable returns in this entity. (b) THIRD-PARTY SPONSORED STRUCTURED ENTITIES In addition to structured entities sponsored by the Bank, the Bank is also involved with structured entities sponsored by third parties. Key involvement with third-party Third-party Sponsored Securitization Programs The Bank participates in the securitization program of government-sponsored structured entities, including the CMHC, a Crown corporation of the Government of Canada, and similar U.S. government-sponsored entities. The CMHC guarantees CMB issued through the CHT. The Bank is exposed to the variable returns in the CHT, through its retention of seller swaps resulting from its participation in the CHT program. The Bank does not have power over the CHT as its key economic activities are controlled by the Government of Canada. The Bank’s exposure to the CHT is included in the balance of residential mortgage loans as noted in Note 9, and is not disclosed in the table accompanying this Note. The Bank participates in the securitization programs sponsored by U.S. government agencies. The Bank is not exposed to significant variable returns from these agencies and does not have power over the key economic activities of the agencies, which are controlled by the U.S. government. Investment Holdings and Derivatives The Bank may hold interests in third-party structured entities, predominantly in the form of direct investments in securities or partnership interests issued by those structured entities, or through derivatives transacted with counterparties which are structured entities. Investments in, and derivatives with, structured entities are recognized on the Bank’s Consolidated Balance Sheet. The Bank does not typically consolidate third-party structured entities where its involvement is limited to investment holdings and/or derivatives as the Bank would not generally have power over the key economic decisions of these entities. Financing Transactions In the normal course of business, the Bank may enter into financing transactions with third-party structured entities including commercial loans, reverse repurchase agreements, prime brokerage margin lending, and similar collateralized lending transactions. While such transactions expose the Bank to the structured entities’ counterparty credit risk, this exposure is mitigated by the collateral related to these transactions. The Bank typically has neither power nor significant variable returns due to financing transactions with structured entities and would not generally consolidate such entities. Financing transactions with third-party sponsored structured entities are included on the Bank’s Consolidated Financial Statements and have not been included in the table accompanying this Note. Arm’s-length Servicing Relationships In addition to the involvement outlined above, the Bank may also provide services to structured entities on an arm’s-length basis, for example as sub-advisor to an investment fund or asset servicer. Similarly, the Bank’s asset management services provided to institutional investors may include transactions with structured entities. As a consequence of providing these services, the Bank may be exposed to variable returns from these structured entities, for example, through the receipt of fees or short-term exposure to the structured entity’s securities. Any such exposure is typically mitigated by collateral or some other contractual arrangement with the structured entity or its sponsor. The Bank generally has neither power nor significant variable returns from the provision of arm’s-length services to a structured entity and, consequently does not consolidate such entities. Fees and other exposures through servicing relationships are included on the Bank’s Consolidated Financial Statements and have not been included in the table accompanying this Note. (c) INVOLVEMENT WITH CONSOLIDATED STRUCTURED ENTITIES Securitizations The Bank securitizes credit card receivables, consumer instalment, and other personal loans through securitization entities, predominantly single-seller conduits. These conduits are consolidated by the Bank based on the factors described above. Aside from the exposure resulting from its involvement as seller and sponsor of consolidated securitization conduits described above, including the liquidity facilities provided, the Bank has no contractual or non-contractual arrangements to provide financial support to consolidated securitization conduits. The Bank’s interests in securitization conduits generally rank senior to interests held by other parties, in accordance with the Bank’s investment and risk policies. As a result, the Bank has no significant obligations to absorb losses before other holders of securitization issuances. Other Structured Consolidated Structured Entities Depending on the specific facts and circumstances of the Bank’s involvement with structured entities, the Bank may consolidate asset management entities, financing vehicles, or third-party sponsored structured entities, based on the factors described above. Aside from its exposure resulting from its involvement as sponsor or investor in the structured entities as previously discussed, the Bank does not typically have other contractual or non-contractual arrangements to provide financial support to these consolidated structured entities. (d) INVOLVEMENT WITH UNCONSOLIDATED STRUCTURED ENTITIES The following table presents information related to the Bank’s unconsolidated structured entities. Unconsolidated structured entities include both TD and third-party sponsored entities. Securitizations include holdings in TD-sponsored multi-seller conduits, as well as third-party sponsored mortgage and asset-backed securitizations, including government-sponsored agency securities such as CMBs, and U.S. government agency issuances. Investment Funds and Trusts include holdings in third-party funds and trusts, as well as holdings in TD-sponsored asset management funds and trusts and commitments to certain U.S. municipal funds. Amounts in Other are predominantly related to investments in community-based U.S. tax-advantage entities described in Note 12. These holdings do not result in the consolidation of these entities as TD does not have power over these entities. Carrying Amount and Maximum Exposure to Unconsolidated Structured Entities 1 (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Securitizations Investment Other Total Securitizations Investment Other Total FINANCIAL ASSETS Trading loans, securities, and other $ 10,060 $ 1,083 $ – $ 11,143 $ 7,810 $ 845 $ – $ 8,655 Non-trading financial assets at fair value through profit or loss 5,770 665 64 6,499 3,680 513 68 4,261 Derivatives 2 – 95 – 95 – 368 6 374 Financial assets designated at fair value through profit or loss – 6 – 6 – 23 – 23 Financial assets at fair value through other comprehensive income 23,446 2,247 3 25,696 30,278 2,395 7 32,680 Debt securities at amortized cost, net of allowance for credit losses 117,246 424 – 117,670 104,914 28 – 104,942 Loans 2,399 4 – 2,403 2,134 5 – 2,139 Other 4 – 3,021 3,025 8 – 3,098 3,106 Total assets 158,925 4,524 3,088 166,537 148,824 4,177 3,179 156,180 FINANCIAL LIABILITIES Derivatives 2 – 513 – 513 – 150 – 150 Obligations related to securities sold short 2,199 365 – 2,564 3,337 335 – 3,672 Total liabilities 2,199 878 – 3,077 3,337 485 – 3,822 Off-balance sheet exposure 3 13,372 5,962 1,299 20,633 16,431 5,105 1,289 22,825 Maximum exposure to loss from involvement with unconsolidated structured entities $ 170,098 $ 9,608 $ 4,387 $ 184,093 $ 161,918 $ 8,797 $ 4,468 $ 175,183 Size of sponsored unconsolidated structured entities 4 $ 10,266 $ 42,834 $ 450 $ 53,550 $ 10,862 $ 37,286 $ 1,200 $ 49,348 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current period. 2 Derivatives primarily subject to vanilla interest rate or foreign exchange risk are not included in these amounts as those derivatives are designed to align the structured entity’s cash flows with risks absorbed by investors and are not predominantly designed to expose the Bank to variable returns created by the entity. 3 For the purposes of this disclosure, off-balance sheet exposure represents the notional value of liquidity facilities, guarantees, or other off-balance sheet commitments without considering the effect of collateral or other credit enhancements. 4 The size of sponsored unconsolidated structured entities is provided based on the most appropriate measure of size for the type of entity: (1) The par value of notes issued by securitization conduits and similar liability issuers; (2) the total AUM of investment funds and trusts; and (3) the total fair value of partnership or equity shares in issue for partnerships and similar equity issuers. Sponsored Unconsolidated Structured Entities in which the Bank has no Significant Investment at the End of the Period Sponsored unconsolidated structured entities in which the Bank has no significant investment at the end of the period are predominantly investment funds and trusts created for the asset management business. The Bank would not typically hold investments, with the exception of seed capital, in these structured entities. However, the Bank continues to earn fees from asset management services provided to these entities, some of which could be based on the performance of the fund. Fees payable are generally senior in the entity’s priority of payment and would also be backed by collateral, limiting the Bank’s exposure to loss from these entities. The Bank earned non-interest income of $2.3 billion (October 31, 2020 – $2.1 billion) from its involvement with these asset management entities for the year ended October 31, 2021, of which $2.0 billion (October 31, 2020 – $1.8 billion) was received directly from these entities. The total AUM in these entities as at October 31, 2021 was $286.8 billion (October 31, 2020 – $241.4 billion). Any assets transferred by the Bank during the period are co-mingled with assets obtained from third parties in the market. Except as previously disclosed, the Bank has no contractual or non-contractual arrangements to provide financial support to unconsolidated structured entities.

Derivatives

Derivatives	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Derivatives	NOTE 11: DERIVATIVES (a) DERIVATIVE PRODUCT TYPES AND RISK EXPOSURES The majority of the Bank’s derivative contracts are OTC transactions that are bilaterally negotiated between the Bank and the counterparty to the contract. The remainder are exchange-traded contracts transacted through organized and regulated exchanges and consist primarily of certain options and futures. The Bank’s derivative transactions relate to trading and non-trading activities. The purpose of derivatives held for non-trading activities is primarily for managing interest rate, foreign exchange, and equity risk related to the Bank’s funding, lending, investment, and other structural market risk management activities. The Bank’s risk management strategy for these risks is discussed in shaded sections of the “Managing Risk” section of the MD&A. Where hedge accounting is applied, only a specific or a combination of risk components are hedged, including benchmark interest rate, foreign exchange rate, and equity price components. All these risk components are observable in the relevant market environment and the change in the fair value or the variability in cash flows attributable to these risk components can be reliably measured for hedged items. The Bank also enters into derivative transactions to economically hedge certain exposures that do not otherwise qualify for hedge accounting, or where hedge accounting is not considered feasible. Where the derivatives are in hedge relationships, the main sources of ineffectiveness can be attributed to differences between hedging instruments and hedged items: • Differences in fixed rates, when contractual coupons of the fixed rate hedged items are designated; • Differences in the discounting factors, when hedging derivatives are collateralized; • CVA on the hedging derivatives; and • Mismatch in critical terms such as tenor and timing of cash flows between hedging instruments and hedged items. To mitigate a portion of the ineffectiveness, the Bank designates the benchmark risk component of contractual cash flows of hedged items and executes hedging derivatives with high-quality counterparties. The majority of the Bank’s hedging derivatives are collateralized. Interest Rate Derivatives Interest rate swaps are OTC contracts in which two counterparties agree to exchange cash flows over a period of time based on rates applied to a specified notional amount. This includes interest rate swaps that are transacted and settled through a clearing house which acts as a central counterparty. A typical interest rate swap would require one counterparty to pay a fixed market interest rate in exchange for a variable market interest rate determined from time to time, with both calculated on a specified notional amount. No exchange of principal amount takes place. Forward rate agreements are OTC contracts that effectively fix a future interest rate for a period of time. A typical forward rate agreement provides that at a pre-determined future date, a cash settlement will be made between the counterparties based upon the difference between a contracted rate and a market rate to be determined in the future, calculated on a specified notional amount. No exchange of principal amount takes place. Interest rate options are contracts in which one party (the purchaser of an option) acquires from another party (the writer of an option), in exchange for a premium, the right, but not the obligation, either to buy or sell, on a specified future date or series of future dates or within a specified time, a specified financial instrument at a contracted price. The underlying financial instrument will have a market price which varies in response to changes in interest rates. In managing the Bank’s interest rate exposure, the Bank acts as both a writer and purchaser of these options. Options are transacted both OTC and through exchanges. Interest rate futures are standardized contracts transacted on an exchange. They are based upon an agreement to buy or sell a specified quantity of a financial instrument on a specified future date, at a contracted price. These contracts differ from forward rate agreements in that they are in standard amounts with standard settlement dates and are transacted on an exchange. The Bank uses interest rate swaps to hedge its exposure to benchmark interest rate risk by modifying the repricing or maturity characteristics of existing and/or forecast assets and liabilities, including funding and investment activities. These swaps are designated in either fair value hedges against fixed rate assets/liabilities or cash flow hedges against floating rate assets/liabilities. For fair value hedges, the Bank assesses and measures the hedge effectiveness based on the change in the fair value or cash flows of the derivative hedging instrument relative to the change in the fair value or cash flows of the hedged item. For cash flow hedges, the Bank uses a hypothetical derivative having terms that identically match the critical terms of the hedged item as the proxy for measuring the change in fair value or cash flows of the hedged item. Foreign Exchange Derivatives Foreign exchange forwards are OTC contracts in which one counterparty contracts with another to exchange a specified amount of one currency for a specified amount of a second currency, at a future date or range of dates. Swap contracts comprise foreign exchange swaps and cross-currency interest rate swaps. Foreign exchange swaps are transactions in which a foreign currency is simultaneously purchased in the spot market and sold in the forward market, or vice-versa. Cross-currency interest rate swaps are transactions in which counterparties exchange principal and interest cash flows in different currencies over a period of time. These contracts are used to manage currency and/or interest rate exposures. Foreign exchange futures contracts are similar to foreign exchange forward contracts but differ in that they are in standard currency amounts with standard settlement dates and are transacted on an exchange. The Bank uses non-derivative instruments such as foreign currency deposit liabilities and derivative instruments such as cross-currency swaps and foreign exchange forwards to hedge its foreign currency exposure. These hedging instruments are designated in either net investment hedges or cash flow hedges. For net investment hedges, the Bank assesses and measures the hedge effectiveness based on the change in the fair value of the hedging instrument relative to the translation gains and losses on the net investment in the foreign operation. For cash flow hedges, the Bank assesses and measures the hedge effectiveness based on the change in the fair value of the hedging instrument relative to the change in the cash flows of the foreign currency denominated asset/liability attributable to foreign exchange risk, using the hypothetical derivative method. Credit Derivatives The Bank uses credit derivatives such as credit default swaps (CDS) and total return swaps in managing risks of the Bank’s corporate loan portfolio and other cash instruments, as well as managing counterparty credit risk on derivatives. Credit risk is the risk of loss if a borrower or counterparty in a transaction fails to meet its agreed payment obligations. The Bank uses credit derivatives to mitigate industry concentration and borrower-specific exposure as part of the Bank’s portfolio risk management techniques. The credit, legal, and other risks associated with these transactions are controlled through well established procedures. The Bank’s policy is to enter into these transactions with investment grade financial institutions. Credit risk to these counterparties is managed through the same approval, limit, and monitoring processes that is used for all counterparties to which the Bank has credit exposure. Credit derivatives are OTC contracts designed to transfer the credit risk in an underlying financial instrument (usually termed as a reference asset) from one counterparty to another. The most common credit derivatives are CDS, which include contracts transacted through clearing houses, and total return swaps. In CDS contracts, the CDS purchaser acquires credit protection on a reference asset or group of assets from a writer of CDS in exchange for a premium. The purchaser may pay the agreed premium at inception or over a period of time. The credit protection compensates the purchaser for deterioration in value of the reference asset or group of assets upon the occurrence of certain credit events such as bankruptcy, or changes in specified credit rating or credit index. Settlement may be cash based or physical, requiring the delivery of the reference asset to the CDS writer. In total return swap contracts, one counterparty agrees to pay or receive from the other cash amounts based on changes in the value of a reference asset or group of assets, including any returns such as interest earned on these assets in exchange for amounts that are based on prevailing market funding rates. These cash settlements are made regardless of whether there is a credit event. Other Derivatives The Bank also transacts in equity and commodity derivatives in both the exchange and OTC markets. Equity swaps are OTC contracts in which one counterparty agrees to pay, or receive from the other, cash amounts based on changes in the value of a stock index, a basket of stocks or a single stock. These contracts sometimes include a payment in respect of dividends. Equity options give the purchaser of the option, for a premium, the right, but not the obligation, to buy from or sell to the writer of an option, an underlying stock index, basket of stocks or a single stock at a contracted price. Options are transacted both OTC and through exchanges. Equity index futures are standardized contracts transacted on an exchange. They are based on an agreement to pay or receive a cash amount based on the difference between the contracted price level of an underlying stock index and its corresponding market price level at a specified future date. There is no actual delivery of stocks that comprise the underlying index. These contracts are in standard amounts with standard settlement dates. Commodity contracts include commodity forwards, futures, swaps, and options, such as precious metals and energy-related products in both OTC and exchange markets. Where hedge accounting is applied, the Bank uses equity forwards and/or total return swaps to hedge its exposure to equity price risk. These derivatives are designated as cash flow hedges. The Bank assesses and measures the hedge effectiveness based on the change in the fair value of the hedging instrument relative to the change in the cash flows of the hedged item attributable to movement in equity price, using the hypothetical derivative method. Fair Value of Derivatives (millions of Canadian dollars) October 31, 2021 October 31, 2020 Fair value as at Fair value as Positive Negative Positive Negative Derivatives held or issued for trading purposes Interest rate contracts Forward rate agreements $ 37 $ 68 $ 38 $ 71 Swaps 7,430 9,450 12,290 15,068 Options written – 698 – 1,321 Options purchased 774 – 1,322 – Total interest rate contracts 8,241 10,216 13,650 16,460 Foreign exchange contracts Forward contracts 9 1,849 818 1,361 Swaps 16,638 14,947 10,858 9,649 Cross-currency interest rate swaps 16,279 15,061 15,106 14,431 Options written – 238 – 286 Options purchased 172 – 256 – Total foreign exchange contracts 33,098 32,095 27,038 25,727 Credit derivative contracts Credit default swaps – protection purchased 1 207 3 165 Credit default swaps – protection sold 67 – 7 9 Total credit derivative contracts 68 207 10 174 Other contracts Equity contracts 3,752 6,223 3,649 3,328 Commodity contracts 2,891 1,904 2,414 1,993 Total other contracts 6,643 8,127 6,063 5,321 Fair value – trading 48,050 50,645 46,761 47,682 Derivatives held or issued for non-trading purposes Interest rate contracts Forward rate agreements 2 1 2 1 Swaps 2,000 1,465 4,299 2,671 Options written 1 1 – 2 Options purchased 38 – 9 – Total interest rate contracts 2,041 1,467 4,310 2,674 Foreign exchange contracts Forward contracts 1,475 267 608 187 Swaps 5 1 8 1 Cross-currency interest rate swaps 1,238 2,812 1,964 1,399 Total foreign exchange contracts 2,718 3,080 2,580 1,587 Credit derivative contracts Credit default swaps – protection purchased 2 138 9 153 Total credit derivative contracts 2 138 9 153 Other contracts Equity contracts 1,616 1,792 582 1,107 Total other contracts 1,616 1,792 582 1,107 Fair value – non-trading 6,377 6,477 7,481 5,521 Total fair value $ 54,427 $ 57,122 $ 54,242 $ 53,203 The following table distinguishes derivatives held or issued for non-trading purposes between those that have been designated in qualifying hedge accounting relationships and those which have not been designated in qualifying hedge accounting relationships as at October 31, 2021 and October 31, 2020. Fair Value of Non-Trading Derivatives 1 (millions of Canadian dollars) As at October 31, 2021 Derivative Assets Derivative Liabilities Derivatives in qualifying Derivatives hedging Derivatives in qualifying Derivatives hedging Fair Cash Net Total Fair Cash Net Total Derivatives held or issued for non-trading purposes Interest rate contracts $ 548 $ 148 $ – $ 1,345 $ 2,041 $ 346 $ 213 $ – $ 908 $ 1,467 Foreign exchange contracts – 2,631 – 87 2,718 – 2,887 – 193 3,080 Credit derivative contracts – – – 2 2 – – – 138 138 Other contracts – 927 – 689 1,616 – – – 1,792 1,792 Fair value – non-trading $ 548 $ 3,706 $ – $ 2,123 $ 6,377 $ 346 $ 3,100 $ – $ 3,031 $ 6,477 October 31, 2020 Derivatives held or issued for non-trading purposes Interest rate contracts $ 1,624 $ 1,061 $ – $ 1,625 $ 4,310 $ 884 $ 81 $ – $ 1,709 $ 2,674 Foreign exchange contracts – 2,503 – 77 2,580 – 1,546 – 41 1,587 Credit derivative contracts – – – 9 9 – – – 153 153 Other contracts – 200 – 382 582 – 142 – 965 1,107 Fair value – non-trading $ 1,624 $ 3,764 $ – $ 2,093 $ 7,481 $ 884 $ 1,769 $ – $ 2,868 $ 5,521 1 Certain derivative assets qualify to be offset with certain derivative liabilities on the Consolidated Balance Sheet. Refer to Note 6 for further details. Fair Value Hedges The following table presents the effects of fair value hedges on the Consolidated Balance Sheet and the Consolidated Statement of Income. Fair Value Hedges (millions of Canadian dollars) For the years ended or as at October 31 2021 Change in Change in fair Hedge Carrying Accumulated 1 Accumulated Assets Interest rate risk Debt securities at amortized cost $ (2,039 ) $ 2,065 $ 26 $ 86,716 $ 466 $ 58 Financial assets at fair value through other comprehensive income (1,952 ) 1,981 29 47,306 (277 ) 30 Loans (1,603 ) 1,661 58 61,346 (95 ) 25 Total assets (5,594 ) 5,707 113 195,368 94 113 Liabilities Interest rate risk Deposits 2,529 (2,569 ) (40 ) 123,765 638 20 Securitization liabilities at amortized cost 20 (20 ) – 1,536 147 – Subordinated notes and debentures 91 (92 ) (1 ) 1,326 (16 ) 11 Total liabilities 2,640 (2,681 ) (41 ) 126,627 769 31 Total $ (2,954 ) $ 3,026 $ 72 2020 Assets Interest rate risk Debt securities at amortized cost $ 1,377 $ (1,384 ) $ (7 ) $ 59,095 $ 2,572 $ 215 Financial assets at fair value through other comprehensive income 1,413 (1,414 ) (1 ) 66,000 1,812 52 Loans 1,834 (1,838 ) (4 ) 36,019 2,059 37 Total assets 4,624 (4,636 ) (12 ) 161,114 6,443 304 Liabilities Interest rate risk Deposits (3,962 ) 3,922 (40 ) 142,464 4,703 72 Securitization liabilities at amortized cost (201 ) 202 1 3,519 230 – Subordinated notes and debentures (246 ) 246 – 2,658 111 (13 ) Total liabilities (4,409 ) 4,370 (39 ) 148,641 5,044 59 Total $ 215 $ (266 ) $ (51 ) 2019 Total $ 1,966 $ (1,992 ) $ (26 ) 1 The Bank has portfolios of fixed rate financial assets and liabilities whereby the principal amount changes frequently due to originations, issuances, maturities and prepayments. The interest rate risk hedges on these portfolios are rebalanced dynamically. Cash Flow Hedges and Net Investment Hedges The following table presents the effects of cash flow hedges and net investment hedges on the Bank’s Consolidated Statement of Income and the Consolidated Statement of Comprehensive Income. Cash Flow and Net Investment Hedges (millions of Canadian dollars) For the years ended October 31 2021 Change in value Change in fair Hedge Hedging 1 Amount reclassified 1 Net change 1 Cash flow hedges 2 Interest rate risk 3 $ 2,084 $ (2,087 ) $ (3 ) $ (1,682 ) $ 1,162 $ (2,844 ) Foreign exchange risk 4,5,6 1,962 (1,962 ) – (2,441 ) (2,604 ) 163 Equity price risk (952 ) 952 – 952 836 116 Total cash flow hedges $ 3,094 $ (3,097 ) $ (3 ) $ (3,171 ) $ (606 ) $ (2,565 ) Net investment hedges $ (2,649 ) $ 2,649 $ – $ 2,649 $ – $ 2,649 2020 Cash flow hedges 2 Interest rate risk 3 $ (3,884 ) $ 3,891 $ 7 $ 4,222 $ 609 $ 3,613 Foreign exchange risk 4,5,6 (1,129 ) 1,122 (7 ) 650 1,043 (393 ) Equity price risk 364 (364 ) – (364 ) (294 ) (70 ) Total cash flow hedges $ (4,649 ) $ 4,649 $ – $ 4,508 $ 1,358 $ 3,150 Net investment hedges $ 394 $ (394 ) $ – $ (394 ) $ (2,077 ) $ 1,683 2019 Total cash flow hedges 2 $ (4,958 ) $ 4,961 $ 3 $ 4,697 $ (673 ) $ 5,370 Net investment hedges $ (180 ) $ 180 $ – $ 180 $ – $ 180 1 Effects on other comprehensive income are presented on a pre-tax basis. 2 During the years ended October 31, 2021, October 31, 2020, and October 31, 2019, there were no instances where forecast hedged transactions failed to occur. 3 Hedged items include forecast interest cash flows on loans , 4 For non-derivative instruments designated as hedging foreign exchange risk, fair value change is measured as the gains and losses due to spot foreign exchange movements. 5 Cross-currency swaps may be used to hedge 1) foreign exchange risk, or 2) a combination of interest rate risk and foreign exchange risk in a single hedge relationship. Cross-currency swaps in both types of hedge relationships are disclosed in the above risk category (foreign exchange risk). 6 Hedged items include principal and interest cash flows on foreign denominated securities, loans, deposits, other liabilities, and subordinated notes and debentures. Reconciliation of Accumulated Other Comprehensive Income (Loss) 1 (millions of Canadian dollars) For the years ended October 31 2021 Accumulated other Net changes in other Accumulated other Accumulated other Accumulated other de-designated hedges Cash flow hedges Interest rate risk $ 5,216 $ (2,844 ) $ 2,372 $ (1,063 ) $ 3,435 Foreign exchange risk (40 ) 163 123 123 – Equity price risk (45 ) 116 71 71 – Total cash flow hedges $ 5,131 $ (2,565 ) $ 2,566 $ (869 ) $ 3,435 Net investment hedges Foreign translation risk $ (3,826 ) $ 2,649 $ (1,177 ) $ (1,177 ) $ – 2020 Cash flow hedges Interest rate risk $ 1,603 $ 3,613 $ 5,216 $ 1,881 $ 3,335 Foreign exchange risk 353 (393 ) (40 ) (40 ) – Equity price risk 25 (70 ) (45 ) (45 ) – Total cash flow hedges $ 1,981 $ 3,150 $ 5,131 $ 1,796 $ 3,335 Net investment hedges Foreign translation risk $ (5,509 ) $ 1,683 $ (3,826 ) $ (3,826 ) $ – 1 Presented on a pre-tax basis. (b) NOTIONAL AMOUNTS The notional amounts are not recorded as assets or liabilities as they represent the face amount of the contract to which a rate or price is applied to determine the amount of cash flows to be exchanged. Notional amounts do not represent the potential gain or loss associated with the market risk nor are they indicative of the credit risk associated with derivative financial instruments. The following table discloses the notional amount of OTC and exchange-traded derivatives. Over-the-Counter and Exchange-Traded Derivatives 1 (millions of Canadian dollars) As at October 31 October 31 Trading Over-the-Counter 2 Clearing 3 Non clearing Exchange- Total Non- 4 Total Total Notional Interest rate contracts Futures $ – $ – $ 896,396 $ 896,396 $ – $ 896,396 $ 546,034 Forward rate agreements 501,519 16,976 – 518,495 831 519,326 1,478,749 Swaps 10,575,475 358,754 – 10,934,229 1,586,445 12,520,674 10,366,800 Options written – 71,408 37,057 108,465 493 108,958 366,308 Options purchased – 74,010 41,807 115,817 3,133 118,950 453,038 Total interest rate contracts 11,076,994 521,148 975,260 12,573,402 1,590,902 14,164,304 13,210,929 Foreign exchange contracts Futures – – – – – – – Forward contracts – 189,096 – 189,096 32,500 221,596 148,254 Swaps – 2,366,501 – 2,366,501 589 2,367,090 2,036,494 Cross-currency interest rate swaps – 967,297 – 967,297 72,663 1,039,960 993,460 Options written – 19,156 17 19,173 – 19,173 17,903 Options purchased – 16,742 16 16,758 – 16,758 17,920 Total foreign exchange contracts – 3,558,792 33 3,558,825 105,752 3,664,577 3,214,031 Credit derivative contracts Credit default swaps – protection purchased 8,014 87 – 8,101 3,563 11,664 12,742 Credit default swaps – protection sold 2,805 158 – 2,963 – 2,963 1,544 Total credit derivative contracts 10,819 245 – 11,064 3,563 14,627 14,286 Other contracts Equity contracts – 90,810 99,190 190,000 25,716 215,716 176,064 Commodity contracts 265 52,231 50,847 103,343 – 103,343 103,271 Total other contracts 265 143,041 150,037 293,343 25,716 319,059 279,335 Total $ 11,088,078 $ 4,223,226 $ 1,125,330 $ 16,436,634 $ 1,725,933 $ 18,162,567 $ 16,718,581 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current year. 2 Collateral held under a Credit Support Annex to help reduce counterparty credit risk is in the form of high-quality and liquid assets such as cash and high-quality government securities. Acceptable collateral is governed by the Collateralized Trading Policy. 3 Derivatives executed through a central clearing house reduce settlement risk due to the ability to net settle offsetting positions for capital purposes and therefore receive preferential capital treatment compared to those settled with non-central clearing house counterparties. 4 As at October 31, 2021, includes $1,442 The following table distinguishes the notional amount of derivatives held or issued for non-trading purposes between those that have been designated in qualifying hedge accounting relationships and those which have not been designated in qualifying hedge accounting relationships. Notional of Non-Trading Derivatives 1 (millions of Canadian dollars) As at October 31, 2021 Derivatives in qualifying hedging relationships Derivatives not in qualifying hedging Derivatives held or issued for hedging (non-trading) purposes Fair value Cash flow 2 Net 2 Total Interest rate contracts $ 343,266 $ 196,272 $ – $ 1,051,364 $ 1,590,902 Foreign exchange contracts – 93,518 – 12,234 105,752 Credit derivative contracts – – – 3,563 3,563 Other contracts – 1,655 – 24,061 25,716 Total notional non-trading $ 343,266 $ 291,445 $ – $ 1,091,222 $ 1,725,933 October 31, 2020 Interest rate contracts $ 313,461 $ 193,897 $ – $ 878,784 $ 1,386,142 Foreign exchange contracts – 121,263 44 8,855 130,162 Credit derivative contracts – – – 4,197 4,197 Other contracts – 1,630 – 26,137 27,767 Total notional non-trading $ 313,461 $ 316,790 $ 44 $ 917,973 $ 1,548,268 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current year. 2 Certain cross-currency swaps are executed using multiple derivatives, including interest rate swaps. These derivatives are used to hedge foreign exchange rate risk in cash flow hedges and net investment hedges. The following table discloses the notional principal amount of OTC derivatives and exchange-traded derivatives based on their contractual terms to maturity. Derivatives by Remaining Term-to-Maturity 1 (millions of Canadian dollars) As at October 31 October 31 Notional Principal Within Over 1 year Over 5 years Total Total Interest rate contracts Futures $ 753,637 $ 142,759 $ – $ 896,396 $ 546,034 Forward rate agreements 511,577 6,975 774 519,326 1,478,749 Swaps 3,709,285 5,940,843 2,870,546 12,520,674 10,366,800 Options written 61,295 42,264 5,399 108,958 366,308 Options purchased 68,691 44,084 6,175 118,950 453,038 Total interest rate contracts 5,104,485 6,176,925 2,882,894 14,164,304 13,210,929 Foreign exchange contracts Futures – – – – – Forward contracts 209,208 10,872 1,516 221,596 148,254 Swaps 2,327,855 34,976 4,259 2,367,090 2,036,494 Cross-currency interest rate swaps 223,966 578,933 237,061 1,039,960 993,460 Options written 17,824 1,349 – 19,173 17,903 Options purchased 15,209 1,549 – 16,758 17,920 Total foreign exchange contracts 2,794,062 627,679 242,836 3,664,577 3,214,031 Credit derivative contracts Credit default swaps – protection purchased 1,887 3,807 5,970 11,664 12,742 Credit default swaps – protection sold 542 1,636 785 2,963 1,544 Total credit derivative contracts 2,429 5,443 6,755 14,627 14,286 Other contracts Equity contracts 155,105 60,539 72 215,716 176,064 Commodity contracts 86,102 16,996 245 103,343 103,271 Total other contracts 241,207 77,535 317 319,059 279,335 Total $ 8,142,183 $ 6,887,582 $ 3,132,802 $ 18,162,567 $ 16,718,581 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current year. The following table discloses the notional amount and av e Hedging Instruments by Remaining Term-to-Maturity (millions of Canadian dollars, except as noted) As at October 31 2021 October 31 2020 Notional Within Over 1 year Over Total Total Interest rate risk Interest rate swaps Notional – pay fixed $ 39,887 $ 78,361 $ 86,540 $ 204,788 $ 161,022 Average fixed interest rate % 1.14 1.41 1.50 Notional – received fixed 46,931 176,544 25,166 248,641 228,757 Average fixed interest rate % 0.64 1.27 1.24 Total notional – interest rate risk 86,818 254,905 111,706 453,429 389,779 Foreign exchange risk 1 Forward contracts Notional – USD/CAD 680 2,124 76 2,880 1,655 Average FX forward rate 1.27 1.29 1.28 Notional – EUR/CAD 2,625 10,834 613 14,072 17,027 Average FX forward rate 1.61 1.65 1.62 Notional – other – – – – 44 Cross-currency swaps 2,3 Notional – USD/CAD 17,567 21,476 1,287 40,330 54,679 Average FX rate 1.27 1.30 1.26 Notional – EUR/CAD 329 15,411 2,549 18,289 21,916 Average FX rate 1.43 1.51 1.50 Notional – GBP/CAD 2,117 847 334 3,298 5,375 Average FX rate 1.68 1.72 1.71 Notional – other currency pairs 4 6,509 7,698 457 14,664 20,608 Total notional – foreign exchange risk 29,827 58,390 5,316 93,533 121,304 Equity Price Risk Notional – equity contracts 1,655 – – 1,655 1,657 Total notional $ 118,300 $ 313,295 $ 117,022 $ 548,617 $ 512,740 1 Foreign currency denominated deposit liabilities are also used to hedge foreign exchange risk. As at October 31, 2021, the carrying value of these non-derivative hedging instruments was $32.4 billion (October 31, 2020 – $27.9 billion) designated under net investment hedges. 2 Cross-currency swaps may be used to hedge 1) foreign exchange risk, or 2) a combination of interest rate risk and foreign exchange risk in a single hedge relationship. Cross-currency swaps in both types of hedge relationships are disclosed in the above risk category (foreign exchange risk). 3 Certain cross-currency swaps are executed using multiple derivatives, including interest rate swaps. The notional amount of these interest rate swaps, excluded from the above, is $86.1 billion as at October 31, 2021 (October 31, 2020 – $117.6 billion). 4 Includes derivatives executed to manage non-trading foreign currency exposures, when more than one currency is involved prior to hedging to the Canadian dollar, or when the currency pair is not a significant exposure for the Bank. Interest Rate Benchmark Reform The Bank’s hedging relationships have significant exposure to US LIBOR and GBP LIBOR benchmark rates. As a result of IBOR reform, these benchmark rates are subject to discontinuance, changes in methodology, or can become illiquid when the adoption of ARRs as established benchmark rates increase. Judgment may be required in determining whether certain hedging relationships that involve hedging changes in fair value or variability of cash flows attributable to interest rate or foreign exchange risk continue to qualify for hedge accounting. Impacted hedging relationships will continue to be monitored for each significant benchmark rate subject to ARR transition. As the new ARRs are likely to differ from the prior benchmark rates, new or revised hedging strategies may be required to better align derivative hedging instruments with hedged items. Given ongoing market developments, the assessment of the impact on the Bank’s hedging strategies and its mitigation plans is progressing. The following table discloses the notional amount of derivative instruments designated in qualifying hedge accounting relationships, disaggregated by significant interest rate benchmark, that have yet to transition to an ARR for contracts maturing after December 31, 2021 for GBP LIBOR and after June 30, 2023 for US LIBOR. Derivative Instruments Designated in Qualifying Hedge Accounting Relationships 1,2 (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Notional Hedging derivatives maturing after December 31, 2021 (for GBP LIBOR) Interest rate risk Interest rate swaps US LIBOR $ 183,399 $ 158,428 GBP LIBOR – – Foreign exchange risk Interest rate swaps US LIBOR 13,347 9,792 GBP LIBOR 1,694 1,726 Cross-currency swaps 3 US LIBOR 18,288 14,301 GBP LIBOR 1,694 2,589 Total $ 218,422 $ 186,836 1 US LIBOR transitioning to SOFR. GBP LIBOR transitioning to SONIA. 2 Excludes hedging derivatives which reference rates in multi-rate jurisdictions, including Canadian Dollar Offered Rate. 3 Cross-currency swaps may be used to hedge foreign exchange risk or a combination of interest rate risk and foreign exchange risk in a single hedge relationship. Both these types of hedges are disclosed under the Foreign exchange risk as the risk category. (c) DERIVATIVE-RELATED RISKS Market Risk Derivatives, in the absence of any compensating upfront cash payments, generally have no market value at inception. They obtain value, positive or negative, as relevant interest rates, foreign exchange rates, equity, commodity or credit prices or indices change, such that the previously contracted terms of the derivative transactions have become more or less favourable than what can be negotiated under current market conditions for contracts with the same terms and the same remaining period to expiry. The potential for derivatives to increase or decrease in value as a result of the foregoing factors is generally referred to as market risk. Credit Risk Credit risk on derivatives, also known as counterparty credit risk, is the risk of a financial loss occurring as a result of the failure of a counterparty to meet its obligation to the Bank. Derivative-related credit risks are subject to the same credit approval, limit and monitoring standards that are used for managing other transactions that create credit exposure. This includes evaluating the creditworthiness of counterparties, and managing the size, diversification and maturity structure of the portfolios. The Bank actively engages in risk mitigation strategies through the use of multi-product derivative master netting agreements, collateral and other risk mitigation techniques. Master netting agreements reduce risk to the Bank by allowing the Bank to close out and net transactions with counterparties subject to such agreements upon the occurrence of certain events. The current replacement cost and credit equivalent amount shown in the following table are based on the standardized approach for counterparty credit risk. According to this approach, the current replacement cost accounts for the fair value of the positions, posted and received collateral, and master netting agreement clauses. The credit equivalent amount is the sum of the current replacement cost and the potential future exposure, which is calculated by applying factors determined by OSFI to the notional principal amount of the derivatives. The risk-weighted Credit Exposure of Derivatives (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Current Credit Risk- Current Credit Risk- Interest rate contracts Forward rate agreements $ 15 $ 275 $ 164 $ 20 $ 325 $ 229 Swaps 2,117 7,817 1,710 4,347 10,607 2,641 Options written 4 71 18 33 129 36 Options purchased 33 114 31 5 75 23 Total interest rate contracts 2,169 8,277 1,923 4,405 11,136 2,929 Foreign exchange contracts Forward contracts 558 2,799 465 465 2,364 353 Swaps 2,799 18,649 1,975 1,999 15,638 1,370 Cross-currency interest rate swaps 1,490 10,075 1,170 2,087 10,422 1,500 Options written 7 145 52 29 135 44 Options purchased 22 132 64 8 104 28 Total foreign exchange contracts 4,876 31,800 3,726 4,588 28,663

Investment in Associates and Jo

Investment in Associates and Joint Ventures	12 Months Ended
	Oct. 31, 2021
Investments accounted for using equity method [abstract]
Investment in Associates and Joint Ventures	NOTE 12: 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 lag. The Bank takes into account changes in the subsequent period that would significantly affect the results. As at October 31, 2021, the Bank’s reported investment in Schwab was 13.41% (October 31, 2020 – 13.51%) of the outstanding voting and non-voting common shares of Schwab with a fair value of $26 billion (US$21 billion) (October 31, 2020 – $14 billion (US$10 billion)) based on the closing price of US$82.03 (October 31, 2020 – US$41.11) on the New York Stock Exchange. 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 restrictions and, subject to certain exceptions, transfer restrictions. In addition, the Schwab IDA Agreement has an initial expiration date of July 1, 2031. Refer to Note 28 for further details on the Schwab IDA Agreement. The condensed financial statements of Schwab, based on its most recent published consolidated financial statements, are included in the following tables. The carrying value of the Bank’s investment in Schwab of $11.1 billion as at October 31, 2021 (October 31, 2020 – $12.2 billion) represents the Bank’s share of Schwab’s stockholders’ equity, adjusted for goodwill, other intangibles, and cumulative translation adjustment. The Bank’s share of net income from its investment in Schwab of $785 million during the year ended October 31, 2021 (October 31, 2020 – n/a), reflects net income after adjustments for amortization of certain intangibles net of tax. Condensed Consolidated Balance Sheet (millions of Canadian dollars) As at September 30 Assets Receivables from brokerage clients, net $ 107,118 Available for sale securities 466,536 Other assets 178,247 Total assets $ 751,901 Liabilities Bank deposits $ 489,192 Payable to brokerage clients 139,913 Other liabilities 51,706 Total liabilities 680,811 Stockholders’ equity 71,090 Total liabilities and stockholders’ equity $ 751,901 Condensed Consolidated Statement of Income (millions of Canadian dollars, except as noted) For the year ended September 30, 2021 Net Revenues Net interest revenue $ 9,726 Asset management and administration fees 5,246 Trading revenue and other 7,759 Total net revenues 22,731 Expenses Excluding Interest Compensation and benefits 6,894 Other 6,788 Total expenses excluding interest 13,682 Income before taxes on income 9,049 Taxes on income 2,216 Net income 6,833 Preferred stock dividends and other 566 Net Income available to common stockholders 6,267 Other comprehensive income (loss) (5,676 ) Total comprehensive income $ 591 Earnings per common shares outstanding – basic (Canadian dollars) $ 3.34 Earnings per common shares outstanding – diluted (Canadian dollars) 3.32 INVESTMENT IN TD AMERITRADE HOLDING CORPORATION On October 6, 2020, Schwab completed its acquisition of TD Ameritrade Holding Corporation (“TD Ameritrade”), of which the Bank was a major shareholder (the “Schwab transaction”). Under the terms of the Schwab transaction, all TD Ameritrade shareholders, including the Bank, exchanged each TD Ameritrade share they owned for 1.0837 common shares of Schwab. Upon closing, the Bank exchanged its approximately 43% ownership in TD Ameritrade for an approximately 13.5% stake in Schwab, consisting of 9.9% voting common shares and the remainder in non-voting common shares, convertible into voting common shares upon transfer to a third party. The Bank recognized a net gain on sale of its investment in TD Ameritrade of $1.4 billion ($2.3 billion after-tax) in the fourth quarter of 2020, which was recorded in Other income (loss) on the Consolidated Statement of Income. The gain was primarily related to the revaluation on sale of the Bank’s investment in TD Ameritrade, after elimination of the unrealized portion relating to the Bank’s ownership in Schwab, and the release of a deferred tax liability related to the Bank’s investment in TD Ameritrade, and after transaction costs. The Bank also released the cumulative foreign currency translation gains (losses) from AOCI related to the Bank’s foreign investment in TD Ameritrade on the sale of its investment, with an offsetting AOCI release of the designated hedging items and related taxes against this foreign investment. The transaction had an approximately neutral impact on Common Equity Tier 1 (CET1) at closing. Prior to completion of the Schwab transaction, the Bank had significant influence over TD Ameritrade and accounted for its investment in TD Ameritrade using the equity method. The Bank’s share of TD Ameritrade’s earnings, excluding dividends, was reported with a one-month lag. Pursuant to the stockholders agreement in relation to the Bank’s equity investment in TD Ameritrade, the Bank had the right to designate five of twelve members of TD Ameritrade’s Board of Directors. Immediately prior to completion of the Schwab transaction, the Bank’s designated directors were the Bank’s Group President and Chief Executive Officer and four independent directors of TD or TD’s U.S. subsidiaries. The condensed financial statements of TD Ameritrade, based on its consolidated financial statements, are included in the following tables. Condensed Consolidated Balance Sheet 1 (millions of Canadian dollars) As at September 30 Assets Receivables from brokers, dealers, and clearing organizations $ 2,070 Receivables from clients, net 36,938 Other assets, net 36,223 Total assets $ 75,231 Liabilities Payable to brokers, dealers, and clearing organizations $ 4,307 Payable to clients 50,382 Other liabilities 7,174 Total liabilities 61,863 Stockholders’ equity 13,368 Total liabilities and stockholders’ equity $ 75,231 1 Customers’ securities are reported on a settlement date basis whereas the Bank reports customers’ securities on a trade date basis. Condensed Consolidated Statements of Income (millions of Canadian dollars, except as noted) For the years ended September 30 2020 2019 Revenues Net interest revenue $ 1,873 $ 2,036 Fee-based and other revenue 6,202 5,947 Total revenues 8,075 7,983 Operating expenses Employee compensation and benefits 1,905 1,756 Other 2,388 2,245 Total operating expenses 4,293 4,001 Other expense (income) 143 94 Pre-tax income 3,639 3,888 Provision for income taxes 910 957 Net income 1 $ 2,729 $ 2,931 Earnings per share – basic (Canadian dollars) $ 5.04 $ 5.27 Earnings per share – diluted (Canadian dollars) 5.02 5.26 1 The Bank’s share of TD Ameritrade’s earnings is based on the published consolidated financial statements of TD Ameritrade after converting into Canadian dollars and is subject to adjustments relating to the amortization of certain intangibles. INVESTMENT IN OTHER ASSOCIATES OR JOINT VENTURES Except for Schwab as disclosed above, the Bank did not have investments in associates or joint ventures which were individually material as of October 31, 2021, or October 31, 2020. The carrying amount of the Bank’s investment in other associates and joint ventures as at October 31, 2021 was $3.3 billion (October 31, 2020 – $3.4 billion). Other associates and joint ventures consisted predominantly of investments in private funds or partnerships that make equity investments, provide debt financing or support community-based tax-advantaged investments. The investments in these entities generate a return primarily through the realization of U.S. federal and state income tax credits, including Low Income Housing Tax Credits, New Markets Tax Credits, and Historic Tax Credits.

Significant Acquisitions and Di

Significant Acquisitions and Disposals	12 Months Ended
	Oct. 31, 2021
Intangible assets and goodwill [abstract]
Significant Acquisitions and Disposals	NOTE 13: SIGNIFICANT ACQUISITIONS AND DISPOSALS The Bank completed two acquisitions during fiscal 2021: Acquisition of Wells Fargo & Company’s Canadian Direct Equipment Finance Business On May 1, 2021, the Bank acquired the Canadian Direct Equipment Finance business of Wells Fargo & Company. The results of the acquired business have been consolidated from the acquisition date and included in the Canadian Retail segment. Acquisition of Headlands Tech Global Markets, LLC On July 1, 2021, the Bank acquired Headlands Tech Global Markets, LLC, a Chicago based quantitative fixed income trading company. The results of the acquired business have been consolidated from the acquisition date and included in the Wholesale segment. These acquisitions were accounted for as business combinations under the purchase method. The excess of accounting consideration over the fair value of tangible net assets acquired is allocated to other intangibles and goodwill. Agreement for Air Canada Credit Card Loyalty Program On January 10, 2019, the Bank’s long-term loyalty program agreement (the “Loyalty Agreement”) with Air Canada became effective in conjunction with Air Canada completing its acquisition of Aimia Canada Inc., which operates the Aeroplan loyalty business (the “Transaction”). Under the terms of the Loyalty Agreement, the Bank became the primary credit card issuer for Air Canada’s new loyalty program when it launched in November 2020 through to 2030. TD Aeroplan cardholders became members of Air Canada’s new loyalty program and their miles were transitioned when Air Canada’s new loyalty program launched in 2020. In connection with the Transaction, the Bank paid $622 million plus applicable sales tax to Air Canada, of which $547 million ($446 million after sales and income taxes) was recognized in Non-interest expenses – Other on the Consolidated Statement of Income, and $75 million was recognized as an intangible asset which will be amortized over the Loyalty Agreement term. In addition, the Bank prepaid $308 million plus applicable sales tax for the future purchase of loyalty points over a ten-year period. Acquisition of Greystone Managed Investments Inc. On November 1, 2018, the Bank acquired 100% of the outstanding equity of Greystone Capital Management Inc., the parent company of Greystone Managed Investments Inc. (“Greystone”) for consideration of $821 million, of which $479 million was paid in cash and $342 million was paid in the Bank’s common shares. The value of 4.7 million common shares issued as consideration was based on the volume weighted-average market price of the Bank’s common shares over the 10 trading day period immediately preceding the fifth business day prior to the acquisition date and was recorded based on market price at close. Common shares of $167 million issued to employee shareholders in respect of the purchase price were held in escrow for two years post-acquisition up to November 1, 2020, subject to their continued employment, and were recorded as a compensation expense over the two-year escrow period. The acquisition was accounted for as a business combination under the purchase method. As at November 1, 2018, the acquisition contributed $165 million of assets and $46 million of liabilities. The excess of accounting consideration over the fair value of the identifiable net assets was allocated to customer relationship intangibles of $140 million, deferred tax liability of $37 million, and goodwill of $432 million. Goodwill is not deductible for tax purposes. The results of the acquisition have been consolidated from the acquisition date and reported in the Canadian Retail segment.

Goodwill and Other Intangibles

Goodwill and Other Intangibles	12 Months Ended
	Oct. 31, 2021
Intangible assets and goodwill [abstract]
Goodwill and Other Intangibles	NOTE 14: GOODWILL AND OTHER INTANGIBLES The recoverable amount of the Bank’s CGUs is determined from internally developed valuation models that consider various factors and assumptions such as forecasted earnings, growth rates, discount rates, and terminal growth rates. Management is required to use judgment in estimating the recoverable amount of CGUs, and the use of different assumptions and estimates in the calculations could influence the determination of the existence of impairment and the valuation of goodwill. Management believes that the assumptions and estimates used are reasonable and supportable. Where possible, assumptions generated internally are compared to relevant market information. The carrying amounts of the Bank’s CGUs are determined by management using risk-based capital models to adjust net assets and liabilities by CGU. These models consider various factors including market risk, credit risk, and operational risk, including investment capital (comprised of goodwill and other intangibles). Any capital not directly attributable to the CGUs is held within the Corporate segment. As at the date of the last impairment test, the amount of capital was approximately $25.3 billion and primarily related to treasury assets and excess capital managed within the Corporate segment. The Bank’s capital oversight committees provide oversight to the Bank’s capital allocation methodologies. Key Assumptions The recoverable amount of each CGU or group of CGUs has been determined based on its estimated value-in-use. In assessing value-in-use, estimated future cash flows based on the Bank’s internal forecast are discounted using an appropriate pre-tax discount rate. The following were the key assumptions applied in the goodwill impairment testing: Discount Rate The pre-tax discount rates used reflect current market assessments of the risks specific to each group of CGUs and are dependent on the risk profile and capital requirements of each group of CGUs. Terminal Value The earnings included in the goodwill impairment testing for each operating segment were based on the Bank’s internal forecast, which projects expected cash flows over the next five years. Beyond the Bank’s internal forecast, cash flows were assumed to grow at a steady terminal growth rate. Terminal growth rates were based on the expected long-term growth of gross domestic product and inflation and ranged from 2.0% to 3.8% (2020 – 2.0% to 4.0%). In considering the sensitivity of the key assumptions discussed above, management determined that a reasonable change in any of the above would not result in the recoverable amount of any of the groups of CGUs to be less than their carrying amount. Goodwill by Segment (millions of Canadian dollars) Canadian U.S. Retail 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) 40 – 116 156 Foreign currency translation adjustments and other (62 ) (1,008 ) (2 ) (1,072 ) Carrying amount of goodwill as at October 31, 2021 2 $ 2,824 $ 13,134 $ 274 $ 16,232 Pre-tax discount rates 2020 9.7–11.0 % 9.2–11.8 % 12.7 % 2021 9.6–11.0 9.4–10.0 13.3 1 Goodwill predominantly relates to U.S. personal and commercial banking. 2 Accumulated impairment as at October 31, 2021 and October 31, 2020 was nil. OTHER INTANGIBLES The following table presents details of other intangibles as at October 31, 2021 and October 31, 2020. Other Intangibles (millions of Canadian dollars) Core deposit Credit card Internally Other Other Total Cost As at November 1, 2019 $ 2,576 $ 842 $ 2,927 $ 295 $ 743 $ 7,383 Additions – – 327 44 41 412 Disposals – – (55 ) (25 ) – (80 ) Fully amortized intangibles – – (391 ) (37 ) – (428 ) Foreign currency translation adjustments and other 30 2 26 1 6 65 As at October 31, 2020 $ 2,606 $ 844 $ 2,834 $ 278 $ 790 $ 7,352 Additions – – 401 58 310 769 Disposals – – (275 ) (5 ) – (280 ) Fully amortized intangibles – – (251 ) (75 ) – (326 ) Foreign currency translation adjustments and other (186 ) (10 ) (84 ) (11 ) (41 ) (332 ) As at October 31, 2021 $ 2,420 $ 834 $ 2,625 $ 245 $ 1,059 $ 7,183 Amortization and impairment As at November 1, 2019 $ 2,481 $ 628 $ 1,167 $ 191 $ 413 $ 4,880 Disposals – – (32 ) (25 ) – (57 ) Impairment losses (reversals) – – 4 – 13 17 Amortization charge for the year 54 60 528 73 66 781 Fully amortized intangibles – – (391 ) (37 ) – (428 ) Foreign currency translation adjustments and other 28 2 (1 ) 2 3 34 As at October 31, 2020 $ 2,563 $ 690 $ 1,275 $ 204 $ 495 $ 5,227 Disposals – – (272 ) (5 ) – (277 ) Impairment losses (reversals) – – – – (4 ) (4 ) Amortization charge for the year 29 61 487 53 76 706 Fully amortized intangibles – – (251 ) (75 ) – (326 ) Foreign currency translation adjustments and other (184 ) (11 ) (32 ) (12 ) (27 ) (266 ) As at October 31, 2021 $ 2,408 $ 740 $ 1,207 $ 165 $ 540 $ 5,060 Net Book Value: As at October 31, 2020 $ 43 $ 154 $ 1,559 $ 74 $ 295 $ 2,125 As at October 31, 2021 12 94 1,418 80 519 2,123

Land, Buildings, Equipment, and

Land, Buildings, Equipment, and Other Depreciable Assets	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Land, Buildings, Equipment, and Other Depreciable Assets	NOTE 15: LAND, BUILDINGS, EQUIPMENT, AND OTHER DEPRECIABLE ASSETS The following table presents details of the Bank’s land, buildings, equipment, and other depreciable assets as at October 31, 2021 and October 31, 2020. Land, Buildings, Equipment, and Other Depreciable Assets 1 (millions of Canadian dollars) Land Buildings Computer Furniture, Leasehold Total Cost As at November 1, 2019 $ 987 $ 2,510 $ 732 $ 1,351 $ 3,062 $ 8,642 Additions 1 152 233 149 380 915 Disposals (1 ) (16 ) (76 ) (74 ) (71 ) (238 ) Fully depreciated assets – (44 ) (90 ) (20 ) (69 ) (223 ) Foreign currency translation adjustments and other (19 ) (107 ) 4 (10 ) 8 (124 ) As at October 31, 2020 968 2,495 803 1,396 3,310 8,972 Additions 2 144 179 131 235 691 Disposals (1 ) (87 ) (31 ) (67 ) (137 ) (323 ) Fully depreciated assets – (27 ) (126 ) (68 ) (108 ) (329 ) Foreign currency translation adjustments and other 2 (93 ) (171 ) (7 ) (50 ) (143 ) (464 ) As at October 31, 2021 $ 876 $ 2,354 $ 818 $ 1,342 $ 3,157 $ 8,547 Accumulated depreciation and impairment losses As at November 1, 2019 $ – $ 939 $ 355 $ 648 $ 1,502 $ 3,444 Depreciation charge for the year – 179 172 156 170 677 Disposals – (28 ) (48 ) (62 ) (42 ) (180 ) Impairment losses – 53 3 – – 56 Fully depreciated assets – (44 ) (90 ) (20 ) (69 ) (223 ) Foreign currency translation adjustments and other – (123 ) (18 ) (3 ) 25 (119 ) As at October 31, 2020 – 976 374 719 1,586 3,655 Depreciation charge for the year – 103 157 153 256 669 Disposals – (84 ) (28 ) (66 ) (135 ) (313 ) Impairment losses – 54 – – – 54 Fully depreciated assets – (27 ) (126 ) (68 ) (108 ) (329 ) Foreign currency translation adjustments and other 2 – (115 ) (2 ) (17 ) (66 ) (200 ) As at October 31, 2021 $ – $ 907 $ 375 $ 721 $ 1,533 $ 3,536 Net Book Value Excluding Right-of-Use Assets: As at October 31, 2020 $ 968 $ 1,519 $ 429 $ 677 $ 1,724 $ 5,317 As at October 31, 2021 876 1,447 443 621 1,624 5,011 1 Certain comparative amounts have been reclassified to conform with the presentation adopted in the current year. 2 Includes adjustments to reclassify premises related non-current assets held-for-sale to other assets. The following table presents details of the Bank’s ROU assets as recorded in accordance with IFRS 16. Refer to Note 18: Other Liabilities, and Note 27: Provisions, Contingent Liabilities, Commitments, Guarantees, Pledged Assets and Collateral for the related lease liabilities details. Right-of-Use Assets Net Book Value (millions of Canadian dollars) Land Buildings Computer Total As at November 1, 2019 $ 1,027 $ 3,377 $ 59 $ 4,463 Additions 2 733 – 735 Depreciation (98 ) (476 ) (17 ) (591 ) Reassessments, modifications, and variable lease payment adjustments 14 186 – 200 Terminations and impairment (2 ) (18 ) – (20 ) Foreign currency translation adjustments and other 13 19 – 32 As at October 31, 2020 $ 956 $ 3,821 $ 42 $ 4,819 Additions – 119 52 171 Depreciation (87 ) (534 ) (16 ) (637 ) Reassessments, modifications, and variable lease payment adjustments 19 84 – 103 Terminations and impairment (38 ) (83 ) (24 ) (145 ) Foreign currency translation adjustments and other (70 ) (71 ) – (141 ) As at October 31, 2021 $ 780 $ 3,336 $ 54 $ 4,170 Total Land, Buildings, Equipment, and Other Depreciable Assets Net Book Value (millions of Canadian dollars) Land Buildings Computer Furniture, Leasehold Total As at October 31, 2020 $ 1,924 $ 5,340 $ 471 $ 677 $ 1,724 $ 10,136 As at October 31, 2021 1,656 4,783 497 621 1,624 9,181 1 Certain comparative amounts have been reclassified to conform with the presentation adopted in the current year.

Other Assets

Other Assets	12 Months Ended
	Oct. 31, 2021
Other Assets
Other Assets	NOTE 16: OTHER ASSETS Other Assets (millions of Canadian dollars) As at October 31 October 31 Accounts receivable and other items $ 9,144 $ 10,799 Accrued interest 2,196 2,336 Current income tax receivable 1,862 2,294 Defined benefit asset 637 9 Insurance-related assets, excluding investments 2,040 2,268 Prepaid expenses 1,300 1,150 Total $ 17,179 $ 18,856

Deposits

Deposits	12 Months Ended
	Oct. 31, 2021
Deposits
Deposits	NOTE 17: DEPOSITS Demand deposits are those for which the Bank does not have the right to require notice prior to withdrawal. These deposits are in general chequing accounts. Notice deposits are those for which the Bank can legally require notice prior to withdrawal. These deposits are in general savings accounts. Term deposits are those payable on a fixed date of maturity purchased by customers to earn interest over a fixed period. The terms are from one day to ten years. The deposits are generally term deposits, guaranteed investment certificates, senior debt, and similar instruments. The aggregate amount of term deposits in denominations of $100,000 or more as at October 31, 2021 was $283 billion (October 31, 2020 – $287 billion). Deposits (millions of Canadian dollars) As at By Type By Country October 31 October 31 Demand Notice Term 1 Canada United States International Total Total Personal $ 23,116 $ 559,301 $ 51,081 $ 296,487 $ 337,011 $ – $ 633,498 $ 625,200 Banks 2 11,312 196 9,409 18,082 25 2,810 20,917 28,969 Business and government 3 135,764 219,845 115,101 316,879 151,584 2,247 470,710 481,164 170,192 779,342 175,591 631,448 488,620 5,057 1,125,125 1,135,333 Trading 2 – – 22,891 11,812 3,567 7,512 22,891 19,177 Designated 2,4 – – 113,905 56,007 36,050 21,848 113,905 59,626 Total $ 170,192 $ 779,342 $ 312,387 $ 699,267 $ 528,237 $ 34,417 $ 1,261,921 $ 1,214,136 Non-interest-bearing deposits included above In domestic offices $ 72,705 $ 55,920 In foreign offices 82,756 76,099 Interest-bearing deposits included above In domestic offices 626,562 604,625 In foreign offices 479,890 472,913 U.S. federal funds deposited 2 8 4,579 Total 3,5 $ 1,261,921 $ 1,214,136 1 Includes $43.1 billion (October 31, 2020 – $27.6 billion) of senior debt which is subject to the bank recapitalization “bail-in” regime. This regime provides certain statutory powers to the Canada Deposit Insurance Corporation, including the ability to convert specified eligible shares and liabilities into common shares in the event that the Bank becomes non-viable. 2 Includes deposits and advances with the FHLB. 3 Includes $25.1 billion relating to covered bondholders (October 31, 2020 – $40.5 billion) and $0.5 billion (October 31, 2020 – $1.2 billion) due to TD Capital Trust IV. 4 Financial liabilities designated at FVTPL on the Consolidated Balance Sheet also includes $83 million (October 31, 2020 – $39 million) of loan commitments and financial guarantees designated at FVTPL. 5 Includes deposits of $719 billion (October 31, 2020 – $708 billion) denominated in U.S. dollars and $44 billion (October 31, 2020 – $44 billion) denominated in other foreign currencies. Term Deposits by Remaining Term-to-Maturity (millions of Canadian dollars) As at October 31 October 31 2020 Within 1 year Over 1 year to Over 2 years to Over 3 years to Over 4 years to Over 5 years Total Total Personal $ 36,187 $ 7,611 $ 4,570 $ 1,099 $ 1,585 $ 29 $ 51,081 $ 59,268 Banks 9,401 2 – – 2 4 9,409 14,869 Business and government 42,887 28,880 21,276 8,488 7,491 6,079 115,101 167,883 Trading 16,086 2,135 1,598 1,087 831 1,154 22,891 19,177 Designated at fair value through profit or loss 112,778 1,127 – – – – 113,905 59,626 Total $ 217,339 $ 39,755 $ 27,444 $ 10,674 $ 9,909 $ 7,266 $ 312,387 $ 320,823 Term Deposits due within a Year (millions of Canadian dollars) As at October 31 2021 October 31 2020 Within Over 3 Over 6 Total Total Personal $ 15,549 $ 8,491 $ 12,147 $ 36,187 $ 41,213 Banks 9,241 135 25 9,401 14,859 Business and government 27,875 8,268 6,744 42,887 97,278 Trading 7,070 4,867 4,149 16,086 10,993 Designated at fair value through profit or loss 36,375 33,708 42,695 112,778 59,626 Total $ 96,110 $ 55,469 $ 65,760 $ 217,339 $ 223,969

Other Liabilities

Other Liabilities	12 Months Ended
	Oct. 31, 2021
Disclosure of financial liabilities [abstract]
Other Liabilities	NOTE 18: OTHER LIABILITIES Other Liabilities (millions of Canadian dollars) As at October 31 2021 October 31 2020 Accounts payable, accrued expenses, and other items 1 $ 7,499 $ 6,571 Accrued interest 714 1,142 Accrued salaries and employee benefits 4,151 2,900 Cheques and other items in transit 2,667 2,440 Current income tax payable 82 275 Deferred tax liabilities 244 284 Defined benefit liability 1,592 3,302 Lease liabilities 2 5,473 6,095 Liabilities related to structured entities 4,407 5,898 Provisions 1,304 1,569 Total $ 28,133 $ 30,476 1 Includes dividends and distributions payable of $ 1,404 2 Refer to Note 27 for lease liability maturity and lease payment details.

Subordinated Notes And Debentur

Subordinated Notes And Debentures	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Subordinated Notes And Debentures	NOTE 19: SUBORDINATED NOTES AND DEBENTURES Subordinated notes and debentures are direct unsecured obligations of Subordinated Notes and Debentures (millions of Canadian dollars, except as noted) As at Maturity date Interest Reset spread (%) Earliest par redemption date October 31 2021 October 31 2020 May 26, 2025 9.150 n/a – $ 200 $ 200 September 14, 2028 1 3.589 2 1.060 2 September 14, 2023 1,749 1,743 July 25, 2029 1 3.224 2 1.250 2 July 25, 2024 1,550 1,561 April 22, 2030 1 3.105 2 2.160 2 April 22, 2025 2,952 2,974 March 4, 2031 1 4.859 2 3.490 2 March 4, 2026 1,271 1,279 September 15, 2031 1 3.625 3 2.205 3 September 15, 2026 1,765 1,881 January 26, 2032 1 3.060 2 1.330 2 January 26, 2027 1,743 1,839 Total $ 11,230 $ 11,477 1 The subordinated notes and debentures include non-viability contingent capital (NVCC) provisions and qualify as regulatory capital under OSFI’s Capital Adequacy Requirements (CAR) guideline. Refer to Note 21 for further details. 2 Interest rate is for the period to but excluding the earliest par redemption date, and thereafter, it will be reset at a rate of three-month Bankers’ Acceptance rate (as such term is defined in the applicable offering document) plus the reset spread noted. 3 Interest rate is for the period to but excluding the earliest par redemption date, and thereafter, it will be reset at a rate of 5-year Mid-Swap Rate plus the reset spread noted.

Capital Trust Securities

Capital Trust Securities	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Capital Trust Securities	NOTE 20: The Bank issued innovative capital securities through Trust IV. TD CAPITAL TRUST IV NOTES – SERIES 1 TO 3 On January 26, 2009, Trust IV issued TD CaTS IV – 1 due June 30, 2108 and TD CaTS IV – 2 due June 30, 2108 and on September 15, 2009, issued TD Capital Trust Securities (millions of Canadian dollars, except as noted) As at Redemption Thousands Distribution/Interest Annual At the option October 31 October 31 TD CaTS IV Notes issued by Trust IV TD Capital Trust IV Notes – Series 2 450 June 30, Dec. 31 10.000 % 1 June 30, 2014 450 450 TD Capital Trust IV Notes – Series 3 750 June 30, Dec. 31 6.631 % Dec. 31, 2014 – 750 1,200 $ 450 $ 1,200 1 From and including January 26, 2009, to but excluding June 30, 2039. Starting on June 30, 2039, and on every fifth anniversary thereafter, the interest rate will reset to equal the then 5-year

Equity

Equity	12 Months Ended
	Oct. 31, 2021
Disclosure of classes of share capital [abstract]
Equity	NOTE 21: EQUITY COMMON SHARES The Bank is authorized by its shareholders to issue an unlimited number of common shares, without par value, for unlimited consideration. The common shares are not redeemable or convertible. Dividends are typically declared by the Board of Directors of the Bank on a quarterly basis and the amount may vary from quarter to quarter. PREFERRED SHARES AND OTHER EQUITY INSTRUMENTS Preferred Shares The Bank is authorized by its shareholders to issue, in one or more series, an unlimited number of Class A First Preferred Shares, without nominal or par value. Non-cumulative preferential dividends are payable quarterly, as and when declared by the Board of Directors of the Bank. All preferred shares include NVCC Provisions, necessary for the preferred shares to qualify as regulatory capital under OSFI’s CAR guideline. NVCC Provisions require the conversion of the preferred shares into a variable number of common shares upon the occurrence of a Trigger Event. A Trigger Event is defined as an event where OSFI determines that the Bank is, or is about to become, non-viable and that after conversion of all non-common capital instruments, the viability of the Bank is expected to be restored, or if the Bank has accepted or agreed to accept a capital injection or equivalent support from a federal or provincial government of Canada without which the Bank would have been determined by OSFI to be non-viable. Limited Recourse Capital Notes On July 29, 2021, the Bank issued $1,750 million of Limited Recourse Capital Notes NVCC, Series 1 (the “LRCNs”) with recourse limited to assets held in a trust consolidated by the Bank (the “Limited Recourse Trust”). The Limited Recourse Trust’s assets consist of $1,750 million of the Bank’s Non-Cumulative 5-Year Fixed Rate Reset Preferred Shares NVCC, Series 26 (“Preferred Shares Series 26”) at a price of $1,000 per share, issued concurrently with the LRCNs. The Preferred Shares Series 26 are eliminated on the Bank’s consolidated financial statements. The LRCNs bear interest at a fixed rate of 3.6% per annum, payable semi-annually, until October 31, 2026 and thereafter at a rate per annum, reset every five years, equal to the prevailing 5-year Government of Canada Yield plus 2.747% until maturity on October 31, 2081. The Bank may redeem the LRCNs, in whole or in part, during the period from October 1 to and including October 31, commencing in 2026 and every five years thereafter, with the prior written approval of OSFI. In the event of (i) non-payment of interest following any interest payment date, (ii) non-payment of the redemption price in case of a redemption of the LRCNs, (iii) non-payment of principal plus accrued and unpaid interest at the maturity of the LRCNs, (iv) an event of default on the LRCNs, or (v) a Trigger Event, the recourse of each LRCN holder will be limited to that holder’s pro rata share of the Limited Recourse Trust’s assets. The LRCNs, by virtue of the recourse to the Preferred Shares Series 26, include standard NVCC provisions necessary for them to qualify as Additional Tier 1 Capital under OSFI’s CAR guideline. NVCC provisions require the conversion of the instrument into a variable number of common shares upon the occurrence of a Trigger Event. In such an event, each Preferred Share Series 26 held in the Limited Recourse Trust will automatically and immediately be converted into a variable number of common shares which will be delivered to LRCN holders in satisfaction of the principal amount of, and accrued and unpaid interest on, the LRCNs. The number of common shares issued will be determined based on the conversion formula set out in the terms of the Preferred Shares Series 26. The LRCNs are compound instruments with both equity and liability features as payments of interest and principal in cash are made at the Bank’s discretion. Non-payment of interest and principal in cash does not constitute an event of default and will trigger the delivery of Preferred Shares Series 26. The liability component has a nominal value and, therefore, the proceeds received upon issuance have been presented as equity, and any interest payments are accounted for as distributions on other equity instruments. The following table summarizes the changes to the shares and other equity instruments issued and outstanding and treasury instruments held as at and for the years ended October , and October , . Shares and Other Equity Instruments Issued and Outstanding and Treasury Instruments Held (millions of shares or other equity instrum en t s October 31, 2021 October 31, 2020 Number Amount Number Amount Common Shares Balance as at beginning of year 1,816.1 $ 22,487 1,812.5 $ 21,713 Proceeds from shares issued on exercise of stock options 2.8 165 1.5 79 Shares issued as a result of dividend reinvestment plan 5.0 414 14.1 838 Purchase of shares for cancellation and other – – (12.0 ) (143 ) Balance as at end of year – common shares 1,823.9 $ 23,066 1,816.1 $ 22,487 Preferred Shares and Other Equity Instruments Preferred Shares – Class A Series 1 20.0 $ 500 20.0 $ 500 Series 3 20.0 500 20.0 500 Series 5 20.0 500 20.0 500 Series 7 14.0 350 14.0 350 Series 9 8.0 200 8.0 200 Series 12 1 – – 28.0 700 Series 14 2 – – 40.0 1,000 Series 16 14.0 350 14.0 350 Series 18 14.0 350 14.0 350 Series 20 16.0 400 16.0 400 Series 22 14.0 350 14.0 350 Series 24 18.0 450 18.0 450 158.0 $ 3,950 226.0 $ 5,650 Other Equity Instruments Limited Recourse Capital Notes – Series 1 3 1.8 $ 1,750 – $ – Balance as at end of year – preferred shares and other equity instruments 159.8 $ 5,700 226.0 $ 5,650 Treasury – common shares 4 Balance as at beginning of year 0.5 $ (37 ) 0.6 $ (41 ) Purchase of shares 136.8 (10,859 ) 135.6 (8,752 ) Sale of shares (135.4 ) 10,744 (135.7 ) 8,756 Balance as at end of year – treasury – common shares 1.9 $ (152 ) 0.5 $ (37 ) Treasury – preferred shares and other equity instruments 4 Balance as at beginning of year 0.1 $ (4 ) 0.3 $ (6 ) Purchase of shares and other equity instruments 5.3 (205 ) 6.0 (122 ) Sale of shares and other equity instruments (5.3 ) 199 (6.2 ) 124 Balance as at end of year – treasury – preferred shares and other equity instruments 0.1 $ (10 ) 0.1 $ (4 ) 1 On April 30, 2021, the Bank redeemed all of its 28 million outstanding Non-Cumulative 5-Year Rate Reset Class A First Preferred Shares NVCC, Series 12 (“Series 12 Preferred Shares”), at a redemption price of $25.00 per Series 12 Preferred Share, for a total redemption cost of $700 million. 2 On October 31, 2021, the Bank redeemed all of its 40 million outstanding Non-Cumulative 5-Year Rate Reset Class A First Preferred Shares NVCC, Series 14 (“Series 14 Preferred Shares”), at a redemption price of $25.00 per Series 14 Preferred Share, for a total redemption cost of $1 billion; the redemption proceeds were paid after October 31, 2021. 3 For Limited Recourse Capital Notes, the number of shares represents the number of notes issued. Concurrently with issue of the LRCNs, the Bank issued 1.75 million Preferred Shares Series 26 at a price of $1,000 per share. 4 When the Bank purchases its own equity instruments Preferred Shares Terms and Conditions Issue date Annual 1 Reset 1 Next redemption/ 1 Convertible 1 NVCC Rate Reset Preferred Shares 2 Series 1 June 4, 2014 3.662 2.24 October 31, 2024 Series 2 Series 3 July 31, 2014 3.681 2.27 July 31, 2024 Series 4 Series 5 December 16, 2014 3.876 2.25 January 31, 2025 Series 6 Series 7 March 10, 2015 3.201 2.79 July 31, 2025 Series 8 Series 9 April 24, 2015 3.242 2.87 October 31, 2025 Series 10 Series 16 July 14, 2017 4.50 3.01 October 31, 2022 Series 17 Series 18 March 14, 2018 4.70 2.70 April 30, 2023 Series 19 Series 20 September 13, 2018 4.75 2.59 October 31, 2023 Series 21 Series 22 January 28, 2019 5.20 3.27 April 30, 2024 Series 23 Series 24 June 4, 2019 5.10 3.56 July 31, 2024 Series 25 1 Non-cumulative preferred dividends for each Series are payable quarterly, as and when declared by the Board of Directors. The dividend rate of the Rate Reset Preferred Shares will reset on the next redemption/conversion date and every 5 years thereafter to equal the then 5-year Government of Canada bond yield plus the reset spread noted. Rate Reset Preferred Shares are convertible to the corresponding Series of Floating Rate Preferred Shares, and vice versa. If converted into a Series of Floating Rate Preferred Shares, the dividend rate for the quarterly period will be equal to the then 90-day Government of Canada Treasury bill yield plus the reset spread noted. 2 Subject to regulatory consent, redeemable on the redemption date noted and every 5 years thereafter, at $25 per share. Convertible on the conversion date noted and every 5 years thereafter if not redeemed. If converted, the holders have the option to convert back to the original Series of preferred shares every 5 years. NVCC PROVISION All series of preferred shares – Class A include NVCC provisions. If a NVCC trigger event were to occur and excluding the Preferred Shares Series 26 issued with respect to LRCNs, the maximum number of common shares that could be issued, assuming there are no declared and unpaid dividends on the respective series of preferred shares at the time of conversion, would be 790 million in aggregate. The LRCNs, by virtue of the recourse to the Preferred Shares Series 26, include NVCC provisions. For LRCNs, if a NVCC trigger were to occur, the maximum number of common shares that could be issued, assuming there are no declared and unpaid dividends on the Preferred Shares Series 26, would be 350 million. For NVCC subordinated notes and debentures, if a NVCC trigger event were to occur, the maximum number of common shares that could be issued, assuming there is no accrued and unpaid interest on the respective subordinated notes and debentures, would be 3.2 billion in aggregate. DIVIDEND RESTRICTIONS The Bank is prohibited by the Bank Act Bank Act In addition, the ability to pay dividends on common shares without the approval of the holders of the outstanding preferred shares is restricted unless all dividends on the preferred shares have been declared and paid or set apart for payment. Currently, these limitations do not restrict the payment of dividends on common shares or preferred shares. On March 13, 2020, OSFI issued a news release announcing a series of measures to support the resilience of financial institutions in response to challenges posed by COVID-19. These measures included the expectation that all federally regulated financial institutions halt dividend increases and share buybacks. On November 4, 2021, OSFI lifted the temporary expectation that financial institutions not increase regular dividends or undertake share repurchases, effective immediately. DIVIDENDS On December 1, 2021, the Board approved a dividend in an amount of eighty-nine cents (89 cents) per fully paid common share in the capital stock of the Bank for the quarter ending January 31, 2022, payable on and after January 31, 2022, to shareholders of record at the close of business on January 10, 2022. DIVIDEND REINVESTMENT PLAN The Bank offers a dividend reinvestment plan for its common shareholders. Participation in the plan is optional and under the terms of the plan, cash dividends on common shares are used to purchase additional common shares. At the option of the Bank, the common shares may be issued from the Bank’s treasury at an average market price based on the last five trading days before the date of the dividend payment, with a discount of between % to % at the Bank’s discretion, or purchase d in the open market at market price. During the year ended October 31, 2021, all 5.1 million common shares issued from the Bank’s treasury, under the dividend reinvestment plan, were issued with no discount. During the year ended October 31, 2020, 4.1 million common shares were issued from the Bank’s treasury with no discount and 10.0 million common shares were issued from the Bank’s treasury with a 2% discount under the dividend reinvestment plan . NORMAL COURSE ISSUER BID On December 1, 2021, the Board approved the initiation of a normal course issuer bid for up to 50

Insurance

Insurance	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Insurance	NOTE 22: INSURANCE INSURANCE REVENUE AND EXPENSES Insurance revenue and expenses are presented on the Consolidated Statement of Income under insurance revenue and insurance claims and related expenses, respectively, net of impact of reinsurance. This includes the results of property and casualty insurance, life and health insurance, as well as reinsurance assumed and ceded in Canada and internationally. Insurance Revenue and Insurance Claims and Related Expenses (millions of Canadian dollars) For the years ended October 31 2021 2020 2019 Insurance Revenue Earned Premiums Gross $ 5,186 $ 4,845 $ 4,632 Reinsurance ceded 652 643 915 Net earned premiums 4,534 4,202 3,717 Fee income and other revenue 1 343 363 565 Insurance Revenue 4,877 4,565 4,282 Insurance Claims and Related Expenses Gross 2,841 3,380 2,987 Reinsurance ceded 134 494 200 Insurance Claims and Related Expenses $ 2,707 $ 2,886 $ 2,787 1 Ceding commissions received and paid are included within fee income and other revenue. Ceding commissions paid and netted against fee income in 2021 were $85 million (2020 – $92 million; 2019 – $123 million). RECONCILIATION OF CHANGES IN INSURANCE LIABILITIES Insurance-related liabilities are comprised of gross amounts related to provision for unpaid claims (section (a) below), unearned premiums (section (b) below) and other insurance liabilities (section (c) below). (a) Movement in Provision for Unpaid Claims The following table presents movements in the property and casualty insurance provision for unpaid claims during the year. Movement in Provision for Unpaid Claims (millions of Canadian dollars) October 31, 2021 October 31, 2020 Gross Reinsurance/ recoverable Net Gross Reinsurance/ Net Balance as at beginning of year $ 5,142 $ 246 $ 4,896 $ 4,840 $ 141 $ 4,699 Claims costs for current accident year 2,629 100 2,529 2,948 302 2,646 Prior accident years claims development (favourable) unfavourable (354 ) (13 ) (341 ) (354 ) (5 ) (349 ) Increase (decrease) due to changes in assumptions: Discount rate (84 ) (1 ) (83 ) 123 – 123 Provision for adverse deviation (3 ) (1 ) (2 ) 25 4 21 Claims and related expenses 2,188 85 2,103 2,742 301 2,441 Claims paid during the year for: Current accident year (1,085 ) (33 ) (1,052 ) (1,346 ) (179 ) (1,167 ) Prior accident years (1,136 ) (68 ) (1,068 ) (1,084 ) (7 ) (1,077 ) (2,221 ) (101 ) (2,120 ) (2,430 ) (186 ) (2,244 ) Increase (decrease) in reinsurance/other recoverables (13 ) (13 ) – (10 ) (10 ) – Balance as at end of year $ 5,096 $ 217 $ 4,879 $ 5,142 $ 246 $ 4,896 (b) Movement in Unearned Premiums The following table presents movements in the prop e Movement in Provision for Unearned Premiums (millions of Canadian dollars) October 31, 2021 October 31, 2020 Gross Reinsurance Net Gross Reinsurance Net Balance as at beginning of year $ 2,123 $ 24 $ 2,099 $ 1,869 $ 17 $ 1,852 Written premiums 4,044 146 3,898 3,879 127 3,752 Earned premiums (3,824 ) (145 ) (3,679 ) (3,625 ) (120 ) (3,505 ) Balance as at end of year $ 2,343 $ 25 $ 2,318 $ 2,123 $ 24 $ 2,099 (c) Movements in other insurance liabilities Other insurance liabilities were $237 million as at October 31, 2021 (October 31, 2020 – $325 million). The decrease of $88 million (2020 – increase of $114 million) is mainly due to model refinements and interest rate movements, partially offs e PROPERTY AND CASUALTY CLAIMS DEVELOPMENT The following table shows the estimates of cumulative claims incurred, including IBNR, with subsequent developments during the periods and together with cumulative payments to date. The original reserve estimates are evaluated monthly for redundancy or deficiency. The evaluation is based on actual payments in full or partial settlement of claims and current estimates of claims liabilities for claims still open or claims still unreported. Incurred Claims by Accident Year (millions of Canadian dollars) Accident Year 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Total Net ultimate claims cost at end of accident year $ 4,622 $ 2,245 $ 2,465 $ 2,409 $ 2,438 $ 2,425 $ 2,631 $ 2,727 $ 2,646 $ 2,529 Revised estimates One year later 5,033 2,227 2,334 2,367 2,421 2,307 2,615 2,684 2,499 Two years later 4,957 2,191 2,280 2,310 2,334 2,258 2,573 2,654 Three years later 4,952 2,158 2,225 2,234 2,264 2,201 2,522 Four years later 4,832 2,097 2,147 2,162 2,200 2,151 Five years later 4,704 2,047 2,084 2,115 2,159 Six years later 4,658 2,004 2,044 2,100 Seven years later 4,563 1,982 2,037 Eight years later 4,529 1,974 Nine years later 4,537 Current estimates of cumulative claims 4,537 1,974 2,037 2,100 2,159 2,151 2,522 2,654 2,499 2,529 Cumulative payments to date (4,380 ) (1,931 ) (1,946 ) (1,941 ) (1,925 ) (1,808 ) (1,978 ) (1,883 ) (1,588 ) (1,052 ) Net undiscounted provision for unpaid claims 157 43 91 159 234 343 544 771 911 1,477 $ 4,730 Effect of discounting (278 ) Provision for adverse deviation 427 Net provision for unpaid claims $ 4,879 SENSITIVITY TO INSURANCE RISK A variety of assumptions are made related to the future level of claims, policyholder behaviour, expenses and sales levels when products are designed and priced, as well as when actuarial liabilities are determined. Such assumptions require a significant amount of professional judgment. The insurance claims provision is sensitive to certain assumptions. It has not been possible to quantify the sensitivity of certain assumptions such as legislative changes or uncertainty in the estimation process. Actual experience may differ from the assumptions made by the Bank. For property and casualty insurance, the main assumption underlying the claims liability estimates is that past claims development experience can be used to project future claims development and hence ultimate claims costs. As such, these methods extrapolate the development of paid and incurred losses, average costs per claim, and claim numbers based on the observed development of earlier years and expected loss ratios. Claims liabilities estimates are based on various quantitative and qualitative factors including the discount rate, the margin for adverse deviation, reinsurance, trends in claims severity and frequency, and other external drivers. Qualitative and other unforeseen factors could negatively impact the Bank’s ability to accurately assess the risk of the insurance policies that the Bank underwrites. In addition, there may be significant lags between the occurrence of an insured event and the time it is actually reported to the Bank and additional lags between the time of reporting and final settlements of claims. The following table outlines the sensitivity of the Bank’s property and casualty insurance claims liabilities to reasonably possible movements in the discount rate, the margin for adverse deviation, and the frequency and severity of claims, with all other assumptions held constant. Movements in the assumptions may be non-linear. Sensitivity of Critical Assumptions – Property and Casualty Insurance Contract Liabilities (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Impact on net Impact Impact on net before Impact Impact of a 1% change in key assumptions Discount rate Increase in assumption $ 126 $ 93 $ 130 $ 96 Decrease in assumption (135 ) (100 ) (140 ) (103 ) Margin for adverse deviation Increase in assumption (47 ) (35 ) (47 ) (35 ) Decrease in assumption 47 35 47 35 Impact of a 5% change in key assumptions Frequency of claims Increase in assumption $ (56 ) $ (42 ) $ (52 ) $ (39 ) Decrease in assumption 56 42 52 39 Severity of claims Increase in assumption (226 ) (167 ) (225 ) (166 ) Decrease in assumption 226 167 225 166 For life and health insurance, the processes used to determine critical assumptions are as follows: • Mortality, morbidity, and lapse assumptions are based on industry and historical company data. • Expense assumptions are based on an annually updated expense study that is used to determine expected expenses for future years. • Asset reinvestment rates are based on projected earned rates, and liabilities are calculated using the Canadian Asset Liability Method (CALM). A sensitivity analysis for possible movements in the life and health insurance business assumptions was performed and the impact is not significant to the Bank’s Consolidated Financial Statements. CONCENTRATION OF INSURANCE RISK Concentration risk is the risk resulting from large exposures to similar risks that are positively correlated. Risk associated with automobile, residential and other products may vary in relation to the geographical area of the risk insured. Exposure to concentrations of insurance risk, by type of risk, is mitigated by ceding these risks through reinsurance contracts, as well as careful selection and implementation of underwriting strategies, which is in turn largely achieved through diversification by line of business and geographical areas. For automobile insurance, legislation is in place at a provincial level and this creates differences in the benefits provided among the provinces. As at October 31, 2021, for the property and casualty insurance business, 65.8% of net written premiums were derived from automobile policies (October 31, 2020 – 66.3%) followed by residential with 33.8% (October 31, 2020 – 33.3%). The distribution by provinces show that business is mostly concentrated in Ontario with 49.8% of net written premiums (October 31, 2020 – 52.3%). The Western provinces represented 32.5% (October 31, 2020 – 31.7%), followed by the Atlantic provinces with 10.8% (October 31, 2020 – 9.4%), and Québec at 6.9% (October 31, 2020 – 6.6%). Concentration risk is not a major concern for the life and health insurance business as it does not have a material level of regional specific characteristics like those exhibited in the property and casualty insurance business. Reinsurance is used to limit the liability on a single claim. Concentration risk is further limited by diversification across uncorrelated risks. This limits the impact of a regional pandemic and other concentration risks. To improve understanding of exposure to this risk, a pandemic scenario is tested annually.

Share-Based Compensation

Share-Based Compensation	12 Months Ended
	Oct. 31, 2021
Disclosure of sensitivity analysis for actuarial assumptions [abstract]
Share-Based Compensation	NOTE 23: SHARE-BASED COMPENSATION STOCK OPTION PLAN The Bank maintains a stock option program for certain key employees. Options on common shares are granted to eligible employees of the Bank under the plan for terms of ten years and vest over a four-year period. These options provide holders with the right to purchase common shares of the Bank at a fixed price equal to the closing market price of the shares on the TSX on the day prior to the date the options were issued. Under this plan, 12 million common shares have been reserved for future issuance (October 31, 2020 – 14 million; October 31, 2019 – 16 million). The outstanding options expire on various dates to December 12, 2030. The following table summarizes the Bank’s stock option activity and related information, adjusted to reflect the impact of the 2 0 stock Stock Option Activity (millions of shares and Canadian dollars) 2021 2020 2019 Number Weighted- average Number Weighted- Number Weighted- Number outstanding, beginning of year 13.1 $ 61.27 12.8 $ 57.35 13.1 $ 53.12 Granted 2.2 71.88 2.1 72.84 2.2 69.39 Exercised (2.8 ) 50.67 (1.5 ) 43.60 (2.3 ) 44.07 Forfeited/expired (0.3 ) 71.50 (0.3 ) 65.99 (0.2 ) 66.59 Number outstanding, end of year 12.2 $ 65.36 13.1 $ 61.27 12.8 $ 57.35 Exercisable, end of year 4.4 $ 54.36 5.4 $ 48.50 4.7 $ 44.77 The weighted-average share price for the options exercised in 2021 was $80.95 (2020 – $70.21; 2019 – $74.15). The following table summarizes information relating to stock options outstanding and exercisable as at October 31, 2021. Range of Exercise Prices (millions of shares and Canadian dollars) Options outstanding Options exercisable Number Weighted- Weighted- Number Weighted- $36.64 – $40.54 0.5 0.9 40.26 0.5 40.26 $47.59 – $52.46 1.5 2.6 50.33 1.5 50.33 $53.15 – $65.75 2.4 4.5 59.79 2.4 59.79 $69.39 – $71.88 4.1 8.0 70.67 – – $72.64 – $72.84 3.7 7.1 72.75 – – For the year ended October 31, 2021, the Bank recognized compensation expense for stock option awards of $25.6 million (October 31, 2020 – $11.2 million; October 31, 2019 – $11.1 million). For the year ended October 31, 2021, 2.2 million (October 31, 2020 – 2.1 million; October 31, 2019 – 2.2 million) options were granted by the Bank at a weighted-average fair value of $8.90 per option (2020 – $5.55 per option; 2019 – $5.64 per option) estimated using a binomial tree-based valuation option pricing model. The following table summarizes the assumptions used for estimating the fair value of options for the years ended October 31, 2021, October 31, 2020, and October 31, 2019. Assumptions Used for Estimating the Fair Value of Options 1 (in Canadian dollars, except as noted) 2021 2020 2019 Risk-free interest rate 0.71 % 1.59 % 2.03 % Option contractual life 10 years 10 years 10 years Expected volatility 2 18.50 % 12.90 % 12.64 % Expected dividend yield 3.61 % 3.50 % 3.48 % Exercise price/share price $ 71.88 $ 72.84 $ 69.39 1 Prior years’ disclosures have been updated to align with the current year disclosure. 2 Expected volatility is calculated based on the average daily volatility measured over a historical period. OTHER SHARE-BASED COMPENSATION PLANS The Bank operates restricted share unit and performance share unit plans which are offered to certain employees of the Bank. Under these plans, participants are awarded share units equivalent to the Bank’s common shares that generally vest over three years. During the vesting period, dividend equivalents accrue to the participants in the form of additional share units. At the maturity date, the participant receives cash representing the value of the share units. The final number of performance share units will typically vary from 80% to 120% of the number of units outstanding at maturity (consisting of initial units awarded plus additional units in lieu of dividends) based on the Bank’s total shareholder return relative to the average of a peer group of large Canadian financial institutions. The number of such share units outstanding under these plans as at October 31, 2021 was 22 million (2020 – 22 million). The Bank also offers deferred share unit plans to eligible employees and non-employee directors. Under these plans, a portion of the participant’s annual incentive award may be deferred, or in the case of non-employee directors, a portion of their annual compensation may be delivered as share units equivalent to the Bank’s common shares. The deferred share units are not redeemable by the participant until termination of employment or directorship. Once these conditions are met, the deferred share units must be redeemed for cash no later than the end of the next calendar year. Dividend equivalents accrue to the participants in the form of additional units. As at October 31, 2021, 6.5 million deferred share units were outstanding (October 31, 2020 – 6.8 million). Compensation expense for these plans is recorded in the year the incentive award is earned by the plan participant. Changes in the value of these plans are recorded, net of the effects of related hedges, on the Consolidated Statement of Income. For the year ended October 31, 2021, the Bank recognized compensation expense, net of the effects of hedges, for these plans of $511 million (2020 – $500 million; 2019 – $546 million). The compensation expense recognized before the effects of hedges was $1.3 billion (2020 – $206 million; 2019 – $662 million). The carrying amount of the liability relating to these plans, based on the closing share price, was $2.4 billion at October 31, 2021 (October 31, 2020 – $1.5 billion), and is reported in Other liabilities on the Consolidated Balance Sheet. EMPLOYEE OWNERSHIP PLAN The Bank also operates a share purchase plan available to Canadian employees. Employees can contribute any amount of their eligible earnings (net of source deductions), subject to an annual cap of 10% of salary to the Employee Ownership Plan. For participating employees below the level of Vice President, the Bank matches 100% of the first $250 of employee contributions each year and the remainder of employee contributions at 50% to an overall maximum of 3.5% of the employee’s eligible earnings or $2,250, whichever comes first. The Bank’s contributions vest once an employee has completed two years of continuous service with the Bank. For the year ended October 31, 2021, the Bank’s contributions totalled $81 million (2020 – $82 million; 2019 – $74 million) and were expensed as salaries and employee benefits. As at October 31, 2021, an aggregate of 22 million (October 31, 2020 – 22 million) common shares were held under the Employee Ownership Plan. The shares in the Employee Ownership Plan are purchased in the open market and are considered outstanding for computing the Bank’s basic and diluted earnings per share. Dividends earned on the Bank’s common shares held by the Employee Ownership Plan are used to purchase additional common shares for the Employee Ownership Plan in the open market.

Employee Benefits

Employee Benefits	12 Months Ended
	Oct. 31, 2021
Employee Benefits
Employee Benefits	NOTE 24: PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS The Bank sponsors a number of pension and post-retirement benefit plans for current eligible and former employees. Pension arrangements include defined benefit pension plans, defined contribution pension plans and supplementary arrangements that provide pension benefits in excess of statutory limits. The Bank also provides certain post-retirement benefits. The Bank’s principal defined benefit pension plans, consisting of The Pension Fund Society of The Toronto-Dominion Bank (the “Society”) and the defined benefit portion of the TD Pension Plan (Canada) (the “TDPP DB”), are for eligible Canadian Bank employees who elected to join the Society or the TDPP DB. The Society was closed to new members on January 30, 2009, and the TDPP DB commenced on March 1, 2009. Effective December 31, 2018, the TDPP DB was closed to new employees hired after that date. All new permanent employees hired in Canada on or after January 1, 2019 are eligible to join the defined contribution portion of the TDPP (the “TDPP DC”) after one year of service. Benefits under the principal defined benefit pension plans are determined based upon the period of plan participation and the average salary of the member in the best consecutive five years in the last ten years of combined plan membership. Benefits under the TDPP DC are funded from the balance of the accumulated contributions of the member and the Bank plus the member’s investment earnings. Annual expense for the TDPP DC is equal to the Bank’s contributions to the plan. Funding for the Bank’s principal defined benefit pension plans is provided by contributions from the Bank and members of the plans through a separate trust. In accordance with legislation, the Bank contributes amounts, as determined on an actuarial basis, to the plans and has the ultimate responsibility for ensuring that the liabilities of the plans are adequately funded over time. Any deficits determined in the funding valuations must generally be funded over a period not exceeding fifteen years. The Bank’s funding policy is to make at least the minimum annual contributions required by legislation. Any contributions in excess of the minimum requirements are discretionary. The principal defined benefit pension plans are registered with OSFI and the Canada Revenue Agency and are subject to the acts and regulations that govern federally regulated pension plans. The 2021, 2020, and 2019 contributions were made in accordance with the actuarial valuation reports for funding purposes as at October 31, 2020, October 31, 2019, and October 31, 2018, respectively. Valuations for funding purposes are being prepared as of October 31, 2021. Post-retirement defined benefit plans are unfunded and, where offered, generally include health care and dental benefits or an annual discount amount to be used to reduce the cost of coverage. Employees must meet certain age and service requirements to be eligible for post-retirement benefits and are generally required to pay a portion of the cost of the benefits. Effective June 1, 2017, the Bank’s principal post-retirement defined benefit plan, covering eligible Canadian employees, was closed to new employees hired on or after that date. (a) INVESTMENT STRATEGY AND ASSET ALLOCATION The principal defined benefit pension plans are expected to each achieve a rate of return that meets or exceeds the change in value of the plan’s respective liabilities over rolling five-year periods. The investments are managed with the primary objective of providing reasonable rates of return, consistent with available market opportunities, economic conditions, consideration of plan liabilities, prudent portfolio management, and the target risk profiles for the plans. The asset allocations by asset category for the principal defined benefit pension plans are as follows: Plan Asset Allocation (millions of Canadian dollars except as noted) Society 1 TDPP DB 1 Target range % of total Fair value Target range % of total Fair value As at October 31, 2021 Quoted Unquoted Quoted Unquoted Debt 40-70 % 56 % $ – $ 3,877 20-50 % 34 % $ – $ 1,023 Equity 19-45 26 589 1,238 30-60 51 461 1,055 Alternative investments 2 1-30 18 – 1,279 5-40 15 – 431 Other 3 n/a n/a – (532 ) n/a n/a – (79 ) Total 100 % $ 589 $ 5,862 100 % $ 461 $ 2,430 As at October 31, 2020 Debt 30-70 % 55 % $ – $ 3,670 25-50 % 40 % $ – $ 940 Equity 24-55 31 685 1,402 30-70 47 344 756 Alternative investments 2 6-35 14 – 899 5-35 13 – 301 Other 3 n/a n/a – (685 ) n/a n/a – (72 ) Total 100 % $ 685 $ 5,286 100 % $ 344 $ 1,925 As at October 31, 2019 Debt 40-70 % 55 % $ – $ 3,374 25-50 % 34 % $ – $ 634 Equity 24-42 32 1,002 976 30-70 54 368 639 Alternative investments 2 6-35 13 – 760 5-35 12 – 229 Other 3 n/a n/a – (276 ) n/a n/a – 111 Total 100 % $ 1,002 $ 4,834 100 % $ 368 $ 1,613 1 The principal defined benefit pension plans invest in investment vehicles which may hold shares or debt issued by the Bank. 2 The principal defined benefit pension plans’ alternative investments are primarily private equity, infrastructure, and real estate funds. 3 Consists mainly of amounts due to and due from brokers for securities traded but not yet settled, bond repurchase agreements, interest and dividends receivable, and Pension Enhancement Account assets, which are invested at the members’ discretion in certain mutual and pooled funds. Public debt instruments of the Bank’s principal defined benefit pension plans must meet or exceed a credit rating of BBB- at the time of purchase. The equity portfolios of the principal defined benefit pension plans are broadly diversified primarily across medium to large capitalization quality companies with no individual holding exceeding 10% of the equity portfolio. Foreign equities are included to further diversify the portfolio. Derivatives can be utilized by the principal defined benefit pension plans provided they are not used to create financial leverage, unless the financial leverage is for risk management purposes. The principal defined benefit pension plans are permitted to invest in alternative investments, such as private equity, infrastructure equity, and real estate. (b) RISK MANAGEMENT PRACTICES The Bank’s principal defined benefit pension plans are overseen by a single retirement governance structure established by the Human Resources Committee of the Bank’s Board of Directors. The governance structure utilizes retirement governance committees who have responsibility to oversee plan operations and investments, acting in a fiduciary capacity. Strategic, material plan changes require the approval of the Bank’s Board of Directors. The principal defined benefit pension plans’ investments include financial instruments which are exposed to various risks. These risks include market risk (including foreign currency, interest rate, inflation, price, and credit spread risks), credit risk, and liquidity risk. Key material risks faced by defined benefit plans are a decline in interest rates or credit spreads, which could increase the present value of the projected benefit obligation by more than the change in the value of plan assets, and from longevity risk (that is, lower mortality rates). Asset-liability matching strategies are employed to focus on obtaining an appropriate balance between earning an adequate return and having changes in liability values hedged by changes in asset values. The principal defined benefit pension plans manage these financial risks in accordance with the Pension Benefits Standards Act, 1985 (c) OTHER SIGNIFICANT PENSION AND POST-RETIREMENT BENEFIT PLANS Canada Trust (CT) Pension Plan As a result of the acquisition of CT Financial Services Inc., the Bank sponsors a defined benefit pension plan, which is closed to new members, but for which active members continue to accrue benefits. Funding for the plan is provided by contributions from the Bank and members of the plan. TD Bank, N.A. Retirement Plans TD Bank, N.A. and its subsidiaries maintain a defined contribution 401(k) plan covering all employees. Annual expense is equal to the Bank’s contributions to the plan. TD Bank, N.A. also has frozen defined benefit pension plans covering certain legacy TD Banknorth and TD Auto Finance (legacy Chrysler Financial) employees. TD Bank, N.A. also has closed post-retirement benefit plans, which include limited medical coverage and life insurance benefits, covering certain groups of employees from legacy organizations. Government Pension Plans The Bank also makes contributions to government pension plans, including the Canada Pension Plan, Quebec Pension Plan and Social Security under the U.S. Federal Insurance Contribution Act (d) DEFINED CONTRIBUTION PLAN EXPENSE The following table summarizes expenses for the Bank’s defined contribution plans. Defined Contribution Plan Expenses (millions of Canadian dollars) For the years ended October 31 October 31 October 31 2019 Defined contribution pension plans 1 $ 178 $ 169 $ 150 Government pension plans 2 355 347 324 Total $ 533 $ 516 $ 474 1 Includes the TDPP DC and the TD Bank, N.A. defined contribution 401(k) plan. 2 Includes Canada Pension Plan, Quebec Pension Plan, and Social Security under the U.S. Federal Insurance Contributions Act (e) DEFINED BENEFIT PLAN FINANCIAL INFORMATION The following table presents the financial position of the Bank’s principal pe Employee Defined Benefit Plans’ Obligations, Assets, Funded Status, and Expense (millions of Canadian dollars, except as noted) Principal pension plans Principal post-retirement 1 Other pension and post-retirement benefit plans 2 2021 2020 2019 2021 2020 2019 2021 2020 2019 Change in projected benefit obligation Projected benefit obligation at beginning of year $ 9,668 $ 8,558 $ 6,539 $ 506 $ 620 $ 535 $ 2,967 $ 2,948 $ 2,569 Service cost – benefits earned 522 467 326 9 17 14 8 9 9 Interest cost on projected benefit obligation 210 236 240 11 17 20 56 80 106 Remeasurement (gain) loss – financial (1,460 ) 617 1,565 (45 ) (101 ) 92 (86 ) 128 430 Remeasurement (gain) loss – demographic – – – – (44 ) (26 ) 5 (80 ) 2 Remeasurement (gain) loss – experience 137 56 83 (1 ) 9 – (1 ) 9 6 Members’ contributions 107 107 107 – – – – – – Benefits paid (396 ) (373 ) (303 ) (14 ) (12 ) (15 ) (139 ) (144 ) (143 ) Change in foreign currency exchange rate – – – – – – (130 ) 20 (1 ) Past service cost (credit) 3 – – 1 – – – 11 (3 ) (30 ) Projected benefit obligation as at October 31 8,788 9,668 8,558 466 506 620 2,691 2,967 2,948 Wholly or partially funded projected benefit obligation 8,788 9,668 8,558 – – – 1,879 2,067 2,073 Unfunded projected benefit obligation – – – 466 506 620 812 900 875 Total projected benefit obligation as at October 31 8,788 9,668 8,558 466 506 620 2,691 2,967 2,948 Change in plan assets Plan assets at fair value at beginning of year 8,240 7,817 6,643 – – – 2,046 1,959 1,733 Interest income on plan assets 186 221 253 – – – 37 52 73 Remeasurement gain (loss) – return on plan assets less interest income 740 15 773 – – – 106 96 205 Members’ contributions 107 107 107 – – – – – – Employer’s contributions 474 463 352 14 12 15 38 72 96 Benefits paid (396 ) (373 ) (303 ) (14 ) (12 ) (15 ) (139 ) (144 ) (143 ) Change in foreign currency exchange rate – – – – – – (118 ) 18 (1 ) Defined benefit administrative expenses (9 ) (10 ) (8 ) – – – (3 ) (7 ) (4 ) Plan assets at fair value as at October 31 9,342 8,240 7,817 – – – 1,967 2,046 1,959 Excess (deficit) of plan assets at fair value over projected benefit obligation 554 (1,428 ) (741 ) (466 ) (506 ) (620 ) (724 ) (921 ) (989 ) Effect of asset limitation and minimum funding requirement – – – – – – (12 ) (14 ) (13 ) Net defined benefit asset (liability) 554 (1,428 ) (741 ) (466 ) (506 ) (620 ) (736 ) (935 ) (1,002 ) Recorded in Other assets in the Bank’s Consolidated Balance Sheet 554 – – – – – 79 3 6 Other liabilities in the Bank’s Consolidated Balance Sheet – (1,428 ) (741 ) (466 ) (506 ) (620 ) (815 ) (938 ) (1,008 ) Net defined benefit asset (liability) 554 (1,428 ) (741 ) (466 ) (506 ) (620 ) (736 ) (935 ) (1,002 ) Annual expense Net employee benefits expense includes the following: Service cost – benefits earned 522 467 326 9 17 14 8 9 9 Net interest cost (income) on net defined benefit liability (asset) 24 15 (13 ) 11 17 20 19 28 33 Past service cost (credit) 3 – – 1 – – – 11 (3 ) (30 ) Defined benefit administrative expenses 11 10 10 – – – 3 5 6 Total $ 557 $ 492 $ 324 $ 20 $ 34 $ 34 $ 41 $ 39 $ 18 Actuarial assumptions used to determine the annual expense Weighted-average discount rate for projected benefit obligation 2.85 % 3.08 % 4.10 % 2.76 % 3.07 % 4.10 % 2.74 % 3.12 % 4.37 % Weighted-average rate of compensation increase 2.53 % 2.57 % 2.54 % 3.00 % 3.00 % 3.00 % 1.03 % 1.00 % 1.03 % Assumed life expectancy at age 65, in years Male aged 65 23.4 23.4 23.3 23.4 23.4 23.3 21.5 22.1 22.1 Female aged 65 24.2 24.1 24.1 24.2 24.1 24.1 23.1 23.7 23.7 Male aged 45 24.4 24.3 24.3 24.4 24.3 24.3 22.2 22.7 22.7 Female aged 45 25.1 25.1 25.0 25.1 25.1 25.0 23.9 24.5 24.5 Actuarial assumptions used to determine the projected benefit obligation as at October 31 Weighted-average discount rate for projected benefit obligation 3.50 % 2.85 % 3.08 % 3.43 % 2.76 % 3.07 % 2.99 % 2.74 % 3.12 % Weighted-average rate of compensation increase 2.46 % 2.53 % 2.57 % 2.80 % 3.00 % 3.00 % 0.98 % 1.03 % 1.00 % Assumed life expectancy at age 65, in years Male aged 65 23.5 23.4 23.4 23.5 23.4 23.4 21.6 21.5 22.1 Female aged 65 24.2 24.2 24.1 24.2 24.2 24.1 23.1 23.1 23.7 Male aged 45 24.4 24.4 24.3 24.4 24.4 24.3 22.3 22.2 22.7 Female aged 45 25.1 25.1 25.1 25.1 25.1 25.1 24.0 23.9 24.5 1 The rate of increase for health care costs for the next year used to measure the expected cost of benefits covered for the principal post-retirement defined benefit plan is 3.13%. The rate is assumed to decrease gradually to 1.08% by the year 2040 and remain at that level thereafter (2020 – 3.26% grading to 1.06% by the year 2040 and remain at that level thereafter). 2 Includes CT defined benefit pension plan, TD Banknorth defined benefit pension plan, TD Auto Finance defined benefit pension and post-retirement benefit plans, and supplemental employee defined benefit pension plans. 3 Includes a gain of $33 million related to the TD Auto Finance post-retirement benefit plan that was amended during fiscal 2019. The Bank recognized the following amounts on the Consolidated Balance Sheet. Amounts Recognized in the Consolidated Balance Sheet (millions of Canadian dollars) As at October 31 October 31 October 31 Other assets Principal defined benefit pension plans $ 554 $ – $ – Other defined benefit pension and post-retirement benefit plans 79 3 6 Other employee benefit plans 1 4 6 7 Total 637 9 13 Other liabilities Principal defined benefit pension plans – 1,428 741 Principal post-retirement defined benefit plan 466 506 620 Other defined benefit pension and post-retirement benefit plans 815 938 1,008 Other employee benefit plans 1 311 430 412 Total 1,592 3,302 2,781 Net amount recognized $ (955 ) $ (3,293 ) $ (2,768 ) 1 Consists of other pension and other post-retirement benefit plans operated by the Bank and its subsidiaries that are not considered material for disclosure purposes. The following table summarizes the remeasurements recognized in OCI for the Bank’s principal p e Amounts Recognized in Other Comprehensive Income for Remeasurement of Defined Benefit Plans 1,2 (millions of Canadian dollars) Principal pension plans Principal post-retirement benefit plan Other pension and post-retirement benefit plans For the years ended October 31 2021 2020 2019 2021 2020 2019 2021 2020 2019 Remeasurement gains (losses) – financial $ 1,460 $ (617 ) $ (1,565 ) $ 45 $ 101 $ (92 ) $ 86 $ (128 ) $ (430 ) Remeasurement gains (losses) – demographic – – – – 44 26 (5 ) 80 (2 ) Remeasurement gains (losses) – experience (137 ) (56 ) (83 ) 1 (9 ) – 1 (9 ) (6 ) Remeasurement gains (losses) – return on plan assets less interest 742 15 775 – – – 108 93 207 Total $ 2,065 $ (658 ) $ (873 ) $ 46 $ 136 $ (66 ) $ 190 $ 36 $ (231 ) 1 Amounts are presented on a pre-tax 2 Excludes net remeasurement gains (losses) recognized in OCI in respect of other employee defined benefit plans operated by the Bank and certain of its subsidiaries not considered material for disclosure purposes totaling $121 million (2020 – $ ( ) ( ) (f) CASH FLOWS During the year ended October 31, 2022, the Bank expects to contribute $465 million to its principal defined benefit pension plans, $20 million to its principal post-retirement defined benefit plan, and $40 million to its other defined benefit pension and post-retirement benefit plans. Future contribution amounts may change upon the Bank’s review of its contribution levels during the year. The following table summarizes the expected future benefit payments for the next 10 years. Expected Future Benefit Payments (millions of Canadian dollars) Principal pension plans Principal post-retirement benefit plan Other pension and post-retirement benefit plans Benefit payments expected to be paid in: 2022 $ 410 $ 20 $ 144 2023 433 21 145 2024 453 22 148 2025 472 23 150 2026 490 24 150 2027-2031 2,672 131 750 Total $ 4,930 $ 241 $ 1,487 (g) MATURITY PROFILE The breakdown of the projected benefit obligations between active, deferred, and retired members is as follows: Disaggregation of Projected Benefit Obligation (millions of Canadian dollars) Principal pension plans Principal post-retirement benefit plan Other pension and post-retirement benefit plans As at October 31 2021 2020 2019 2021 2020 2019 2021 2020 2019 Active members $ 6,048 $ 6,812 $ 5,925 $ 191 $ 209 $ 318 $ 375 $ 503 $ 494 Deferred members 596 650 577 – – – 497 579 588 Retired members 2,144 2,206 2,056 275 297 302 1,819 1,885 1,866 Total $ 8,788 $ 9,668 $ 8,558 $ 466 $ 506 $ 620 $ 2,691 $ 2,967 $ 2,948 The weighted-average duration of the projected benefit obligations is as follows: Duration of Projected Benefit Obligation (number of years) Principal pension plans Principal post-retirement benefit plan Other pension and post-retirement benefit plan s As at October 31 2021 2020 2019 2021 2020 2019 2021 2020 2019 Weighted-average duration 15 16 16 14 15 18 12 13 13 (h) SENSITIVITY ANALYSIS The following table provides the sensitivity of the projected benefit obligation for the Bank’s principal defined benefit pension plans, the principal post-retirement defined benefit plan, and the Bank’s significant other defined benefit pension and post-retirement benefit plans to actuarial assumptions considered significant by the Bank. These include discount rate, rates of compensation increase, life expectancy, and health care cost initial trend rates, as applicable. The sensitivity analysis provided in the table should be used with caution, as it is hypothetical and the impact of changes in each significant assumption may not be linear. For each sensitivity test, the impact of a reasonably possible change in a single factor is shown with other assumptions left unchanged. Actual experience may result in simultaneous changes in a number of key assumptions, which could magnify or diminish certain sensitivities. Sensitivity of Significant Defined Benefit Plan Actuarial Assumptions (millions of Canadian dollars, except as noted) As at October 31, 2021 Obligation Increase (Decrease) Principal Principal Other pension Impact of an absolute change in significant actuarial assumptions Discount rate 1% decrease in assumption $ 1,467 $ 69 $ 352 1% increase in assumption (1,136 ) (56 ) (292) Rates of compensation increase 1% decrease in assumption (287 ) – 1 – 1 1% increase in assumption 276 – 1 – 1 Life expectancy 1 year decrease in assumption (176 ) (14 ) (89 ) 1 year increase in assumption 173 14 89 Health care cost initial trend rate 1% decrease in assumption n/a (11 ) n/a 1% increase in assumption n/a 13 n/a 1 An absolute change in this assumption is immaterial.

Income Taxes

Income Taxes	12 Months Ended
	Oct. 31, 2021
Income Taxes
Income Taxes	NOTE 25: INCOME TAXES The provision for (recovery of) income taxes is comprised of the following: Provision for (Recovery of) Income Taxes (millions of Canadian dollars) For the years ended October 31 2021 2020 2019 Provision for (recovery of) Current income taxes Provision for (recovery of) income taxes for the current period $ 3,370 $ 2,287 $ 2,675 Adjustments in respect of prior years and other (7 ) (70 ) 93 Total current income taxes 3,363 2,217 2,768 Deferred income taxes Provision for (recovery of) deferred income taxes related to the origination and reversal of temporary differences 332 (1,075 ) 54 Effect of changes in tax rates 2 (1 ) 10 Adjustments in respect of prior years and other (76 ) 11 (97 ) Total deferred income taxes 258 (1,065 ) (33 ) Total provision for (recovery of) income taxes – Consolidated Statement of Income 3,621 1,152 2,735 Provision for (recovery of) income taxes – Statement of Other Comprehensive Income Current income taxes 916 406 37 Deferred income taxes (99 ) 705 1,070 Total provision for (recovery of) income taxes – Statement of Other Comprehensive Income 817 1,111 1,107 Income taxes – other non-income related items including business combinations and other adjustments Current income taxes (13 ) (30 ) (7 ) Deferred income taxes (20 ) (194 ) (6 ) (33 ) (224 ) (13 ) Total provision for (recovery of) income taxes 4,405 2,039 3,829 Current income taxes Federal 2,226 1,170 1,256 Provincial 1,548 818 891 Foreign 492 605 651 4,266 2,593 2,798 Deferred income taxes Federal 232 (143 ) 127 Provincial 160 (96 ) 87 Foreign (253 ) (315 ) 817 139 (554 ) 1,031 Total provision for (recovery of) income taxes $ 4,405 $ 2,039 $ 3,829 The Bank’s statutory and effective tax rate is outlined in the following table. Reconciliation to Statutory Income Tax Rate (millions of Canadian dollars, except as noted) 2021 2020 2019 Income taxes at Canadian statutory income tax rate $ 4,498 26.3 % $ 3,141 26.4 % $ 3,502 26.5 % Increase (decrease) resulting from: Dividends received (120 ) (0.7 ) (120 ) (1.0 ) (104 ) (0.8 ) Rate differentials on international operations 1 (787 ) (4.6 ) (1,927 ) (16.2 ) (728 ) (5.5 ) Other – net 30 0.1 58 0.5 65 0.5 Provision for income taxes and effective income tax rate $ 3,621 21.1 % $ 1,152 9.7 % $ 2,735 20.7 % 1 Reflects the impact of the 2020 sale of the Bank’s investment in TD Ameritrade, including the non-taxable revaluation gain, the release of non-taxable cumulative currency translation gains from AOCI, and the release of a deferred tax liability. The Canada Revenue Agency (CRA), Revenu Québec Agency (RQA) and Alberta Tax and Revenue Administration (ATRA) are denying certain dividend deductions claimed by the Bank. During the year ended October 31, 2021, the RQA reassessed the Bank for $8 million of additional income tax and interest in respect of its 2015 taxation year. As at October 31, 2021, the CRA reassessed the Bank fo r $1,032 million of income tax and interest for the years 2011 to 2015, the RQA reassessed the Bank for $34 million for the years 2011 to 2015, and the ATRA reassessed the Bank fo r $33 million for the years 2011 to 2014. On November 30, 2021, the CRA reassessed the Bank for $154 million of additional income tax and interest in respect of its 2016 taxation year. In total, the Bank has been reassessed for $1,253 million of income tax and interest. 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. Deferred tax assets and liabilities comprise of the following: Deferred Tax Assets and Liabilities (millions of Canadian dollars) As at October 31 October 31 Deferred tax assets Allowance for credit losses $ 1,371 $ 1,705 Trading loans 35 43 Employee benefits 863 834 Pensions – 516 Losses available for carry forward 69 96 Tax credits 35 133 Land, buildings, equipment, and other depreciable assets 146 111 Intangibles 182 87 Other 230 236 Total deferred tax assets 2,931 3,761 Deferred tax liabilities Securities 657 1,404 Pensions 75 – Deferred (income) expense 48 73 Goodwill 130 124 Total deferred tax liabilities 910 1,601 Net deferred tax assets 2,021 2,160 Reflected on the Consolidated Balance Sheet as follows: Deferred tax assets 2,265 2,444 Deferred tax liabilities 1 244 284 Net deferred tax assets $ 2,021 $ 2,160 1 Included in Other liabilities on the Consolidated Balance Sheet. The amount of temporary differences, unused tax losses, and unused tax credits for which no deferred tax asset is recognized on the Consolidated Balance Sheet was $668 million as at October 31, 2021 (October 31, 2020 – $669 million), of which $25 million (October 31, 2020 – $5 million) is scheduled to expire within five years. Certain taxable temporary differences associated with the Bank’s investments in subsidiaries, branch e The movement in the net deferred tax asset for the y e Deferred Income Tax Expense (Recovery) (millions of Canadian dollars) 2021 2020 Consolidated Other Business Total Consolidated Other Business Total Deferred income tax expense (recovery) Allowance for credit losses $ 335 $ – $ – $ 335 $ (740 ) $ – $ – $ (740 ) Trading loans 9 – – 9 7 – – 7 Employee benefits (46 ) 17 – (29 ) (23 ) 33 – 10 Pensions (26 ) 617 – 591 (1 ) (171 ) – (172 ) Losses available for carry forward 27 – – 27 (1 ) – – (1 ) Tax credits 98 – – 98 95 – – 95 Land, buildings, equipment, and other depreciable assets (35 ) – – (35 ) (159 ) – (194 ) (353 ) Intangibles (95 ) – – (95 ) (127 ) – – (127 ) Other deferred tax assets 25 – (20 ) 5 (148 ) – – (148 ) Securities (14 ) (733 ) – (747 ) 34 843 – 877 Deferred (income) expense (25 ) – – (25 ) (18 ) – – (18 ) Goodwill 5 – – 5 16 – – 16 Total deferred income tax expense (recovery) $ 258 $ (99 ) $ (20 ) $ 139 $ (1,065 ) $ 705 $ (194 ) $ (554 )

Earnings per Share

Earnings per Share	12 Months Ended
	Oct. 31, 2021
Earnings per share [abstract]
Earnings per Share	NOTE 26: EARNINGS PER SHARE Basic earnings per share is calculated by dividing net income attributable to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted earnings per share is calculated using the same method as basic earnings per share except that certain adjustments are made to net income attributable to common shareholders and the weighted-average number of shares outstanding for the effects of all dilutive potential common shares that are assumed to be issued by the Bank. The following table presents the Bank’s basic and diluted earnings per share for the years ended October 31, 2021, October 31, 2020, and October 31, 2019. Basic and Diluted Earnings Per Share (millions of Canadian dollars, except as noted) For the years ended October 31 2021 2020 2019 Basic earnings per share Net income attributable to common shareholders $ 14,049 $ 11,628 $ 11,416 Weighted-average number of common shares outstanding (millions) 1,817.7 1,807.3 1,824.2 Basic earnings per share $ 7.73 $ 6.43 $ 6.26 Diluted earnings per share Net income attributable to common shareholders $ 14,049 $ 11,628 $ 11,416 Net income available to common shareholders including impact of dilutive securities 14,049 11,628 11,416 Weighted-average number of common shares outstanding (millions) 1,817.7 1,807.3 1,824.2 Effect of dilutive securities Stock options potentially exercisable (millions) 1 2.5 1.5 3.1 Weighted-average number of common shares outstanding – diluted (millions) 1,820.2 1,808.8 1,827.3 Diluted earnings per share 1 $ 7.72 $ 6.43 $ 6.25 1 For the years ended October 31, 2021 and October 31, 2019, no outstanding options were excluded from the computation of diluted earnings per share. For the year ended October 31, 2020, the computation of diluted earnings per share excluded average options outstanding of 7.5 million with a weighted-average exercise price of $70.04, as the option price was greater than the average market price of the Bank’s common shares.

Provisions, Contingent Liabilit

Provisions, Contingent Liabilities, Commitments, Guarantees, Pledged Assets, and Collateral	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Provisions, Contingent Liabilities, Commitments, Guarantees, Pledged Assets, and Collateral	NOTE 27: PROVISIONS, CONTINGENT LIABILITIES, COMMITMENTS, GUARANTEES, PLEDGED ASSETS, AND COLLATERAL (a) PROVISIONS The following table summarizes the Bank’s provisions recorded in other liabilities. Provisions (millions of Canadian dollars) Restructuring Litigation and 1 Total Balance as at November 1, 2020 $ 90 $ 392 $ 482 Additions 58 203 261 Amounts used (72 ) (187 ) (259 ) Release of unused amounts (11 ) (8 ) (19 ) Foreign currency translation adjustments and other (8 ) (9 ) (17 ) Balance as at October 31, 2021, before allowance for credit losses for off-balance sheet instruments $ 57 $ 391 $ 448 Add: Allowance for credit losses for off-balance sheet instruments 2 856 Balance as at October 31, 2021 $ 1,304 1 Includes onerous contracts for non-lease payments including taxes and estimated operating expenses which are included in Occupancy, including depreciation on the Consolidated Statement of Income. 2 Refer to Note 8 for further details. (b) LEGAL AND REGULATORY MATTERS LITIGATION In the ordinary course of business, the Bank and its subsidiaries are involved in various legal and regulatory actions including but not limited to civil claims and lawsuits, regulatory examinations, investigations, audits and requests for information by various governmental regulatory agencies and law enforcement authorities in various jurisdictions. The Bank establishes provisions when it becomes probable that the Bank will incur a loss and the amount can be reliably estimated. The Bank also estimates the aggregate range of reasonably possible losses (RPL) in its legal and regulatory actions (that is, those which are neither probable nor remote), in excess of provisions. As at October 31, 2021, the Bank’s RPL is from zero to approximately $1.45 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 issues in many of the proceedings, some of which are beyond the Bank’s control and/or involve novel legal theories and interpretations, the attendant uncertainty of the various potential outcomes of such proceedings, and the fact that the underlying matters will change from time to time. In addition, some actions seek very large or indeterminate damages. In management’s opinion, based on its current knowledge and after consultation with counsel, the ultimate disposition of these actions, individually or in the aggregate, will not have a material adverse effect on the consolidated financial condition or the consolidated cash flows of the Bank. However, because of the factors listed above, as well as other uncertainties inherent in litigation and regulatory matters, there is a possibility that the ultimate resolution of legal or regulatory actions may be material to the Bank’s consolidated results of operations for any particular reporting period. Stanford Litigation Rotstain v. Trustmark National Bank, et al. The Official Stanford Investors Committee (OSIC), a court-approved committee representing investors, received permission to intervene in the lawsuit and has brought similar claims against all the bank defendants. The court denied in part and granted in part the Bank’s motion to dismiss the lawsuit on April 21, 2015. The court also entered a class certification scheduling order requiring the parties to conduct discovery and submit briefing regarding class certification. The class certification motion was fully submitted on October 26, 2015. The class plaintiffs filed an amended complaint asserting certain additional state law claims against the Bank on June 23, 2015. The Bank’s motion to dismiss the newly amended complaint in its entirety was fully submitted on August 18, 2015. On April 22, 2016, the Bank filed a motion to reconsider the court’s April 2015 dismissal decision with respect to certain claims by OSIC under the Texas Uniform Fraudulent Transfer Act On November 7, 2017, the Court issued a decision denying the class certification motion. The court found that the plaintiffs failed to show that common issues of fact would predominate given the varying sales presentations they allegedly received. On November 21, 2017, the class plaintiffs filed a Rule 23(f) petition seeking permission to appeal the District Court’s denial of class certification to the United States Court of Appeals for the Fifth Circuit. The Bank filed an opposition to the class plaintiffs’ petition on December 4, 2017. The Fifth Circuit denied the class plaintiffs’ petition on April 20, 2018. On February 28, 2019, the Bank, along with the other bank defendants, filed a motion for judgment on the pleadings in OSIC’s case seeking dismissal of three claims (aiding and abetting fraud, aiding and abetting conversion, and aiding and abetting breach of fiduciary duty). The motion was fully briefed as of April 4, 2019. On September 10, 2019, OSIC filed a motion for leave to amend its intervenor complaints against the Bank and the other bank defendants to insert additional factual allegations. The motion was fully briefed as of October 15, 2019. On June 15, 2020, the Northern District of Texas (N.D. Tex.) court granted OSIC’s motion for leave to amend its intervenor complaints against the Bank and the other bank defendants, and OSIC’s Second Amended Intervenor Complaint against the Bank and certain other bank defendants was filed on that same date. On July 10, 2020, the N.D. Tex. court so-ordered the parties’ agreed motion extending the Bank’s time to respond to the Second Amended Intervenor Complaint until July 31, 2020. On July 31, 2020, the Bank filed its answer to the Second Amended Intervenor Complaint. On July 7, 2020, the Bank, along with the other defendants, requested to withdraw the motion for judgment on the pleadings, and the court issued an order finding the motion moot on August 14, 2020. On May 3, 2019, two groups of plaintiffs comprising more than 950 investors in certificates of deposit issued by SIBL, and those who purchased one or more of such investors’ claims, filed motions to intervene in OSIC’s case against the Bank and the other bank defendants. On September 18, 2019, the Court denied the motions to intervene. On October 14, 2019, one group of plaintiffs (comprising 147 investors) filed a notice of appeal to the Fifth Circuit, and briefing was complete on the appeal as of April 8, 2020. On October 7, 2020, the Fifth Circuit heard oral argument on the appeal. On February 3, 2021, the Fifth Circuit affirmed the Court’s denial of intervention. On February 17, 2021, the Bank and the other bank appellees filed a petition for rehearing of the Fifth Circuit’s decision regarding OSIC’s standing to pursue the intervenors’ claims. On March 12, 2021, the Fifth Circuit denied the petition for rehearing, but clarified its prior holding regarding OSIC’s standing to pursue the intervenors’ claims. On November 1, 2019, a second group of plaintiffs (comprising 1,286 investors) filed a petition in Texas state court against the Bank and other bank defendants, captioned Smith v. Independent Bank, et al. Rotstain v. Trustmark National Bank, et al. On February 12, 2021, the Bank and the other bank defendants filed motions for summary judgment in Rotstain v. Trustmark National Bank, et al. On March 19, 2021, plaintiffs in Rotstain v. Trustmark National Bank, et al. filed a notice abandoning four of the seven claims asserted against the Bank: (i) aiding, abetting, or participation in fraudulent transfers; (ii) aiding, abetting or participation in a fraudulent scheme; (iii) aiding, abetting or participation in conversion; and (iv) civil conspiracy. On March 25, 2021, the N.D. Tex. court struck the May 6, 2021 ready-for-trial date to allow the trial court to set appropriate deadlines after remand. On August 9, 2021, the Bank filed a motion for leave to file a second motion for summary judgment on the grounds that the remaining claims asserted by OSIC are precluded by the Ontario Superior Court of Justice’s June 8, 2021 judgment. The motion was fully briefed as of September 13, 2021. The Bank was also a defendant in two cases filed in the Ontario Superior Court of Justice: (1) McDonald v. The Toronto-Dominion Bank Dynasty Furniture Manufacturing Ltd., et al. v. The Toronto Dominion Bank Credit Card Fees Coburn and Watson’s Metropolitan Home v. Bank of America Corporation, et al Macaronies Hair Club v. BOFA Canada Bank, et al Hello Baby Equipment Inc. v. BOFA Canada Bank, et al.; Bancroft-Snell, et al. v. Visa Canada Corporation, et al.; and 9085-4886 Québec Inc. v. Visa Canada Corporation, et al The plaintiff class members are Canadian merchants who accept payment for products and services by Visa Canada Corporation (Visa) and/or MasterCard International Incorporated (MasterCard) (collectively, the “Networks”). While there is some variance, in most of the actions it is alleged that, from March 2001 to the present, the Networks conspired with their issuing banks and acquirers to fix excessive fees and that certain rules have the effect of increasing the merchant fees. The Bank, together with the remaining bank defendants, have collectively entered into a national settlement with the class. They will collectively pay a total of $120 million in exchange for the dismissal of the Credit Card Actions and other related litigation. The settlement must be approved by the five courts in which actions were filed. A joint settlement approval hearing of all five courts is scheduled for December 6, 2021. Consumer Class Actions TD Ameritrade Stockholder Litigation Hawkes v. Bettino, et al. 66 2/3 (c) COMMITMENTS Credit-related Arrangements In the normal course of business, the Bank enters into various commitments and contingent liability contracts. The primary purpose of these contracts is to make funds available for the financing needs of customers. The Bank’s policy for requiring collateral security with respect to these contracts and the types of collateral security held is generally the same as for loans made by the Bank. Financial and performance standby letters of credit represent irrevocable assurances that the Bank will make payments in the event that a customer cannot meet its obligations to third parties and they carry the same credit risk, recourse, and collateral security requirements as loans extended to customers. Performance standby letters of credit are considered non-financial guarantees as payment does not depend on the occurrence of a credit event and is generally related to a non-financial trigger event. Documentary and commercial letters of credit are instruments issued on behalf of a customer authorizing a third party to draw drafts on the Bank up to a certain amount subject to specific terms and conditions. The Bank is at risk for any drafts drawn that are not ultimately settled by the customer, and the amounts are collateralized by the assets to which they relate. Commitments to extend credit represent unutilized portions of authorizations to extend credit in the form of loans and customers’ liability under acceptances. A discussion on the types of liquidity facilities the Bank provides to its securitization conduits is included in Note 10. The values of credit instruments reported as follows represent the maximum amount of additional credit that the Bank could be obligated to extend should contracts be fully utilized. Credit Instruments (millions of Canadian dollars) As at October 31 October 31 Financial and performance standby letters of credit $ 31,153 $ 30,849 Documentary and commercial letters of credit 209 107 Commitments to extend credit 1 Original term-to-maturity of one year or less 54,563 66,902 Original term-to-maturity of more than one year 173,489 166,142 Total $ 259,414 $ 264,000 1 Commitments to extend credit exclude personal lines of credit and credit card lines, which are unconditionally cancellable at the Bank’s discretion at any time. In addition, as at October 31, 2021, the Bank is committed to fund $326 million (October 31, 2020 – $290 million) of private equity investments. Long-term Commitments or Leases The Bank has obligations under long-term non-cancellable leases for premises and equipment. The maturity profile for undiscounted lease liabilities is $35 million for 2022, $45 million for 2023, $110 million for 2024, $233 million for 2025, $345 million for 2026, $6,115 million for 2027, and thereafter. Total lease payments, including $14 million (October 31, 2020 – $19 million) paid for short-term and low-value asset leases, for the year ended October 31, 2021 were $746 million (October 31, 2020 – $754 million). (d) ASSETS SOLD WITH RECOURSE In connection with its securitization activities, the Bank typically makes customary representations and warranties about the underlying assets which may result in an obligation to repurchase the assets. These representations and warranties attest that the Bank, as the seller, has executed the sale of assets in good faith, and in compliance with relevant laws and contractual requirements. In the event that they do not meet these criteria, the loans may be required to be repurchased by the Bank. (e) GUARANTEES In addition to financial and performance standby letters of credit, the following types of transactions represent the principal guarantees that the Bank has entered into. Credit Enhancements The Bank guarantees payments to counterparties in the event that third-party credit enhancements supporting asset pools are insufficient. Indemnification Agreements In the normal course of operations, the Bank provides indemnification agreements to various counterparties in transactions such as service agreements, leasing transactions, and agreements relating to acquisitions and dispositions. Under these agreements, the Bank is required to compensate counterparties for costs incurred as a result of various contingencies such as changes in laws and regulations and litigation claims. The nature of certain indemnification agreements prevent the Bank from making a reasonable estimate of the maximum potential amount that the Bank would be required to pay such counterparties. The Bank also indemnifies directors, officers, and other persons, to the extent permitted by law, against certain claims that may be made against them as a result of their services to the Bank or, at the Bank’s request, to another entity. (f) PLEDGED ASSETS AND COLLATERAL In the ordinary course of business, securities and other assets are pledged against liabilities or contingent liabilities, including repurchase agreements, securitization liabilities, covered bonds, obligations related to securities sold short, and securities borrowing transactions. Assets are also deposited for the purposes of participation in clearing and payment systems and depositories or to have access to the facilities of central banks in foreign jurisdictions, or as security for contract settlements with derivative exchanges or other derivative counterparties. Details of assets pledged against liabilities and collateral assets held or repledged are shown in the following table: Sources and Uses of Pledged Assets and Collateral 1 (millions of Canadian dollars) As at October 31 October 31 Sources of pledged assets and collateral Bank assets Cash and due from banks $ 223 $ 205 Interest-bearing deposits with banks 6,580 5,328 Loans 85,698 112,190 Securities 98,199 103,334 Other assets 475 422 191,175 221,479 Third-party assets 2 Collateral received and available for sale or repledging 354,873 336,325 Less: Collateral not repledged (85,248 ) (90,177 ) 269,625 246,148 460,800 467,627 Uses of pledged assets and collateral 3 Derivatives 14,864 12,002 Obligations related to securities sold under repurchase agreements 170,314 189,659 Securities borrowing and lending 119,916 104,085 Obligations related to securities sold short 34,424 32,770 Securitization 29,030 32,513 Covered bond 31,152 41,434 Clearing systems, payment systems, and depositories 9,261 8,976 Foreign governments and central banks 1,010 1,148 Other 50,829 45,040 Total $ 460,800 $ 467,627 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current year. 2 Includes collateral received from reverse repurchase agreements, securities borrowing, margin loans, and other client activity. 3 Includes $ 48.7

Related Party Transactions

Related Party Transactions	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Related Party Transactions	NOTE 28: RELATED PARTY TRANSACTIONS Parties are considered to be related if one party has the ability to directly or indirectly control the other party or exercise significant influence over the other party in making financial or operational decisions. The Bank’s related parties include key management personnel, their close family members and their related entities, subsidiaries, associates, joint ventures, and post-employment benefit plans for the Bank’s employees. TRANSACTIONS WITH KEY MANAGEMENT PERSONNEL, THEIR CLOSE FAMILY MEMBERS, AND THEIR RELATED ENTITIES Key management personnel are those persons having authority and responsibility for planning, directing, and controlling the activities of the Bank, directly or indirectly. The Bank considers certain of its officers and directors to be key management personnel. The Bank makes loans to its key management personnel, their close family members, and their related entities on market terms and conditions with the exception of banking products and services for key management personnel, which are subject to approved policy guidelines that govern all employees. As at October 31, 2021, $150 million (October 31, 2020 – $449 million) of related party loans were outstanding from key management personnel, their close family members, and their related entities. COMPENSATION The remuneration of key management personnel was as follows: Compensation (millions of Canadian dollars) For the years ended October 31 2021 2020 2019 Short-term employee benefits $ 31 $ 27 $ 33 Post-employment benefits 1 1 2 Share-based payments 39 30 35 Total $ 71 $ 58 $ 70 In addition, the Bank offers deferred share and other plans to non-employee directors, executives, and certain other key employees. Refer to Note 23 for further details. In the ordinary course of business, the Bank also provides various banking services to associated and other related corporations on terms similar to those offered to non-related parties. TRANSACTIONS WITH SUBSIDIARIES, SCHWAB, TD AMERITRADE, AND SYMCOR INC. Transactions between the Bank and its subsidiaries meet the definition of related party transactions. If these transactions are eliminated on consolidation, they are not disclosed as related party transactions. Transactions between the Bank, Schwab, TD Ameritrade, and Symcor Inc. (Symcor) also qualify as related party transactions. There were no significant transactions between the Bank, Schwab, TD Ameritrade, and Symcor during the year ended October 31, 2021, other than as described in the following sections and in Note 12. i) TRANSACTIONS WITH SCHWAB AND TD AMERITRADE A description of significant transactions between the Bank and its affiliates with Schwab and TD Ameritrade is set forth below. Insured Deposit Account Agreement The Bank is party to the Schwab IDA Agreement which became effective on the completion of the Schwab transaction on October 6, 2020 and has an initial expiration date of July 1, 2031. Pursuant to the Schwab IDA Agreement, the Bank makes Federal Deposit Insurance Corporation (FDIC)-insured (up to specified limits) deposit accounts available to clients of Schwab. Schwab provides recordkeeping and support services with respect to the Schwab IDA Agreement. The servicing fee under the Schwab IDA Agreement is set at 15 basis points (bps) per annum on the aggregate average daily balance in the sweep accounts. Starting on July 1, 2021, deposits under the Schwab IDA Agreement, which were $176 billion (US$142 billion) as at October 31, 2021, can be reduced at Schwab’s option by up to US$10 billion in a year (subject to certain adjustments), with a floor of US$50 billion. The Bank paid fees of $1.6 billion during the year ended October 31, 2021 to Schwab related to sweep deposit accounts (for the period from October 6, 2020 to October 31, 2020 – $136 million). The amount paid by the Bank is based on the average insured deposit balance of $186 billion for the year ended October 31, 2021 (for the period from October 6, 2020 to October 31, 2020 – $194 billion) and yields based on agreed upon market benchmarks, less the actual interest paid to clients of Schwab. Prior to the Schwab IDA Agreement becoming effective on completion of the Schwab transaction, the Bank was party to an insured deposit account agreement with TD Ameritrade (the “TD Ameritrade IDA Agreement”). Pursuant to the TD Ameritrade IDA Agreement, the Bank made FDIC-insured (up to specified limits) deposit accounts available to clients of TD Ameritrade as either designated sweep vehicles or as non-sweep deposit accounts. TD Ameritrade provided marketing and support services with respect to the TD Ameritrade IDA Agreement. The Bank earned a servicing fee of 25 bps per annum on the aggregate average daily balance in the sweep accounts (subject to adjustment based on a specified formula). The Bank paid fees of $1.9 billion during the year ended October 31, 2020 prior to completion of the Schwab transaction (October 31, 2019 – $2.2 billion) to TD Ameritrade related to sweep deposit accounts. The amount paid by the Bank was based on the average insured deposit balance of $176 billion for the year ended October 31, 2020 prior to completion of the Schwab transaction (October 31, 2019 – $140 billion) and yields based on agreed upon market benchmarks, less the actual interest paid to clients of TD Ameritrade. As at October 31, 2021, amounts receivable from Schwab were $26 million (October 31, 2020 – $75 million). As at October 31, 2021, amounts payable to Schwab were $195 million (October 31, 2020 – $344 million). The Bank and other financial institutions provided Schwab and its subsidiaries with unsecured revolving loan facilities. The total commitment provided by the Bank was $95 million, which was undrawn as at October 31, 2021 (October 31, 2020 – $305 million undrawn). ii) TRANSACTIONS WITH SYMCOR The Bank has one-third ownership in Symcor, a Canadian provider of business process outsourcing services offering a diverse portfolio of integrated solutions in item processing, statement processing and production, and cash management services. The Bank accounts for Symcor’s results using the equity method of accounting. During the year ended October 31, 2021, the Bank paid $76 million (October 31, 2020 – $78 million; October 31, 2019 – $81 million) for these services. As at October 31, 2021, the amount payable to Symcor was $12 million (October 31, 2020 – $12 million). The Bank and two other shareholder banks have also provided a $100 million unsecured loan facility to Symcor which was undrawn as at October 31, 2021, and October 31, 2020.

Segmented Information

Segmented Information	12 Months Ended
	Oct. 31, 2021
Disclosure of operating segments [abstract]
Segmented Information	NOTE 29: SEGMENTED INFORMATION For management reporting purposes, the Bank reports its results under three key business segments: Canadian Retail, which includes the results of the Canadian personal and commercial banking businesses, Canadian credit cards, TD Auto Finance Canada, and Canadian wealth and insurance businesses; U.S. Retail, which includes the results of the U.S. personal and business banking operations, U.S. credit cards, TD Auto Finance U.S., U.S. wealth business, and the Bank’s investment in Schwab; and Wholesale Banking. The Bank’s other activities are grouped into the Corporate segment. Canadian Retail is comprised of Canadian personal and commercial banking, which provides financial products and services to personal, small business, and commercial customers, TD Auto Finance Canada, the Canadian credit card business, the Canadian wealth business, which provides investment products and services to institutional and retail investors, and the insurance business. U.S. Retail is comprised of the personal and business banking operations in the U.S. operating under the brand TD Bank, America’s Most Convenient Bank ® The results of each business segment reflect revenue, expenses, and assets generated by the businesses in that segment. Due to the complexity of the Bank, its management reporting model uses various estimates, assumptions, allocations, and risk-based methodologies for funds transfer pricing, inter-segment revenue, income tax rates, capital, indirect expenses and cost transfers to measure business segment results. The basis of allocation and methodologies are reviewed periodically to align with management’s evaluation of the Bank’s business segments. Transfer pricing of funds is generally applied at market rates. Inter-segment revenue is negotiated between each business segment and approximates the fair value of the services provided. Income tax provision or recovery is generally applied to each segment based on a statutory tax rate and may be adjusted for items and activities unique to each segment. Amortization of intangibles acquired as a result of business combinations is included in the Corporate segment. Accordingly, net income for business segments is presented before amortization of these intangibles. Non-interest income is earned by the Bank primarily through investment and securities services, credit fees, trading income, service charges, card services, and insurance revenues. Revenues from investment and securities services are earned predominantly in the Canadian Retail segment with the remainder earned in Wholesale Banking and U.S. Retail. Revenues from credit fees are primarily earned in the Wholesale Banking and Canadian Retail segments. Trading income is earned within Wholesale Banking. Both service charges and card services revenue are mainly earned in the U.S. Retail and Canadian Retail segments. Insurance revenue is earned in the Canadian Retail segment. Net interest income within Wholesale Banking is calculated on a taxable equivalent basis (TEB), which means that the value of non-taxable or tax-exempt income, including dividends, is adjusted to its equivalent before-tax value. Using TEB allows the Bank to measure income from all securities and loans consistently and makes for a more meaningful comparison of net interest income with similar institutions. The TEB adjustment reflected in Wholesale Banking is reversed in the Corporate segment. The following table summarizes the segment results for the years ended October 31, 2021, October 31, 2020, and October 31, 2019. Results by Business Segment 1,2 (millions of Canadian dollars) For the years ended October 31 2021 Canadian U.S. Retail Wholesale 3 Corporate 3 Total Net interest income (loss) $ 11,957 $ 8,074 $ 2,630 $ 1,470 $ 24,131 Non-interest income (loss) 13,549 2,684 2,070 259 18,562 Total revenue 25,506 10,758 4,700 1,729 42,693 Provision for (recovery of) credit losses 258 (250 ) (118 ) (114 ) (224 ) Insurance claims and related expenses 2,707 – – – 2,707 Non-interest expenses 11,003 6,417 2,709 2,947 23,076 Income (loss) before income taxes and share of net income from investment in Schwab 11,538 4,591 2,109 (1,104 ) 17,134 Provision for (recovery of) income taxes 3,057 504 539 (479 ) 3,621 Share of net income from investment in Schwab 4,5 – 898 – (113 ) 785 Net income (loss) $ 8,481 $ 4,985 $ 1,570 $ (738 ) $ 14,298 Total assets as at October 31, 2021 $ 509,436 $ 559,503 $ 514,681 $ 145,052 $ 1,728,672 2020 Net interest income (loss) $ 12,061 $ 8,834 $ 1,990 $ 1,612 $ 24,497 Non-interest income (loss) 12,272 2,438 2,968 1,471 19,149 Total revenue 24,333 11,272 4,958 3,083 43,646 Provision for (recovery of) credit losses 2,746 2,925 508 1,063 7,242 Insurance claims and related expenses 2,886 – – – 2,886 Non-interest expenses 10,441 6,579 2,518 2,066 21,604 Income (loss) before income taxes and share of net income from investment in TD Ameritrade 8,260 1,768 1,932 (46 ) 11,914 Provision for (recovery of) income taxes 2,234 (167 ) 514 (1,429 ) 1,152 Share of net income from investment in TD Ameritrade 5 – 1,091 – 42 1,133 Net income (loss) $ 6,026 $ 3,026 $ 1,418 $ 1,425 $ 11,895 Total assets as at October 31, 2020 $ 472,370 $ 566,629 $ 512,886 $ 163,980 $ 1,715,865 2019 Net interest income (loss) $ 12,349 $ 8,951 $ 911 $ 1,610 $ 23,821 Non-interest income (loss) 11,877 2,840 2,320 207 17,244 Total revenue 24,226 11,791 3,231 1,817 41,065 Provision for (recovery of) credit losses 1,306 1,082 44 597 3,029 Insurance claims and related expenses 2,787 – – – 2,787 Non-interest expenses 10,735 6,411 2,393 2,481 22,020 Income (loss) before income taxes and share of net income from investment in TD Ameritrade 9,398 4,298 794 (1,261 ) 13,229 Provision for (recovery of) income taxes 2,535 471 186 (457 ) 2,735 Share of net income from investment in TD Ameritrade 5 – 1,154 – 38 1,192 Net income (loss) $ 6,863 $ 4,981 $ 608 $ (766 ) $ 11,686 Total assets as at October 31, 2019 $ 452,163 $ 436,086 $ 458,420 $ 68,621 $ 1,415,290 1 Certain comparative amounts have been reclassified to conform with the presentation adopted in the current year. 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 expenses, resulting in no impact to Corporate reported Net income (loss). The Net income (loss) included in the U.S. Retail segment includes only the portion of revenue and credit losses attributable to the Bank under the agreements. 3 Net interest income within Wholesale Banking is calculated on a TEB. The TEB adjustment reflected in Wholesale Banking is reversed in the Corporate segment. 4 The after-tax amounts for amortization of acquired intangibles and the Bank’s share of acquisition and integration charges associated with Schwab’s acquisition of TD Ameritrade are recorded in the Corporate segment. 5 The Bank’s share of Schwab’s and TD Ameritrade’s earnings is reported with a one-month lag. Refer to Note 12 for further details. RESULTS BY GEOGRAPHY For reporting of geographic results, segments are grouped into Canada, United States, and Other international. Transactions are primarily recorded in the location responsible for recording the revenue or assets. This location frequently corresponds with the location of the legal entity through which the business is conducted and the location of the customer. Results by Geography 1 (millions of Canadian dollars) For the years As at October 31 2021 2021 Total revenue Total assets Canada $ 26,664 $ 935,856 United States 14,091 652,829 Other international 1,938 139,987 Total $ 42,693 $ 1,728,672 2020 2020 Canada $ 24,141 $ 916,798 United States 15,213 679,369 Other international 4,292 119,698 Total $ 43,646 $ 1,715,865 2019 2019 Canada $ 23,681 $ 769,314 United States 15,396 524,397 Other international 1,988 121,579 Total $ 41,065 $ 1,415,290 1 Certain comparative amounts have been reclassified to conform with the presentation adopted in the current year.

Interest Income and Expense

Interest Income and Expense	12 Months Ended
	Oct. 31, 2021
Analysis of income and expense [abstract]
Interest Income and Expense	NOTE 30: INTEREST INCOME AND EXPENSE The following table presents interest income and interest expense by basis of accounting measurement. Interest Income and Expense 1 (millions of Canadian dollars) For the years ended October 31 2021 2020 Interest income Interest expense Interest income Interest expense Measured at amortized cost 2 $ 25,641 $ 3,394 $ 30,933 $ 6,547 Measured at FVOCI 576 n/a 1,543 n/a 26,217 3,394 32,476 6,547 Not measured at amortized cost or FVOCI 3 3,364 2,056 3,357 4,789 Total $ 29,581 $ 5,450 $ 35,833 $ 11,336 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current year. 2 Includes interest expense on lease liabilities for the year ended October 31, 2021 of $ 144 153 . 3 Includes interest income, interest expense, and dividend income for financial instruments that are measured or designated at FVTPL and equities designated at FVOCI.

Credit Risk

Credit Risk	12 Months Ended
	Oct. 31, 2021
Disclosure of credit risk exposure [abstract]
Credit Risk	NOTE 31: CREDIT RISK Concentration of credit risk exists where a number of borrowers or counterparties are engaged in similar activities, are located in the same geographic area or have comparable economic characteristics. Their ability to meet contractual obligations may be similarly affected by changing economic, political or other conditions. The Bank’s portfolio could be sensitive to changing conditions in particular geographic regions. Concentration of Credit Risk (millions of Canadian dollars, As at except as noted) Loans and customers liability 1,2 Credit Instruments 3,4 Derivative financial 5,6 October 31 October 31 October 31 October 31 October 31 October 31 Canada 70 % 66 % 36 % 37 % 25 % 24 % United States 29 33 59 59 34 27 United Kingdom – – 1 1 13 22 Europe – other – – 3 2 18 18 Other international 1 1 1 1 10 9 Total 100 % 100 % 100 % 100 % 100 % 100 % $ 742,672 $ 734,958 $ 259,414 $ 264,000 $ 49,929 $ 51,225 1 Of the total loans and customers’ liability under acceptances, the only industry segment which equalled or exceeded 5 2 Includes loans that are measured at FVOCI. 3 As at October 31, 2021, the Bank had commitments and contingent liability contracts in the amount of $259 billion (October 31, 2020 – $264 billion). Included are commitments to extend credit totalling $228 billion (October 31, 2020 – $233 billion), of which the credit risk is dispersed as detailed in the table above. 4 Of the commitments to extend credit, industry segments which equalled or exceeded 5% of the total concentration were as follows as at October 31, 2021: financial institutions 21% (October 31, 2020 – 21%); automotive 9% (October 31, 2020 – 9%); pipelines, oil and gas 8% (October 31, 2020 – 10%); power and utilities 7% (October 31, 2020 – 8%); sundry manufacturing and wholesale 7% (October 31, 2020 – 7%); professional and other services 7% (October 31, 2020 – 6%); telecommunications, cable, and media 6% (October 31, 2020 – 6%). 5 As at October 31, 2021, the current replacement cost of derivative financial instruments, excluding the impact of master netting agreements and collateral, amounted to $50 billion (October 31, 2020 – $51 billion). Based on the location of the ultimate counterparty, the credit risk was allocated as detailed in the table above. The table excludes the fair value of exchange traded derivatives. 6 The largest concentration by counterparty type was with financial institutions (including non-banking financial institutions), which accounted for 70% of the total as at October 31, 2021 (October 31, 2020 – 64%). The second largest concentration was with governments, which accounted for 19% of the total as at October 31, 2021 (October 31, 2020 – 24%). No other industry segment exceeded 5% of the total. The following table presents the maximum exposure to credit risk of financial instruments, before taking account of any collateral held or other credit enhancements. Gross Maximum Credit Risk Exposure (millions of Canadian dollars) As at October 31 October 31 Cash and due from banks $ 5,931 $ 6,445 Interest-bearing deposits with banks 159,962 164,149 Securities 1 Financial assets designated at fair value through profit or loss Government and government-insured securities 2,161 2,069 Other debt securities 2,403 2,668 Trading Government and government-insured securities 42,048 59,037 Other debt securities 18,365 18,968 Retained interest 9 14 Non-trading securities at fair value through profit or loss Government and government-insured securities 155 388 Other debt securities 6,320 4,114 Securities at fair value through other comprehensive income Government and government-insured securities 57,780 78,283 Other debt securities 15,085 19,901 Debt securities at amortized cost Government and government-insured securities 208,559 174,593 Other debt securities 60,380 53,086 Securities purchased under reverse purchase agreements 167,284 169,162 Derivatives 2 54,427 54,242 Loans Residential mortgages 268,079 251,915 Consumer instalment and other personal 188,291 183,440 Credit card 28,933 29,778 Business and government 237,319 252,390 Trading loans 12,405 12,959 Non-trading loans at fair value through profit or loss 2,337 3,718 Loans at fair value through other comprehensive income 1,602 2,502 Customers’ liability under acceptances 18,448 14,941 Amounts receivable from brokers, dealers, and clients 32,357 33,951 Other assets 5,927 7,326 Total assets 1,596,567 1,600,039 Credit instruments 3 259,414 264,000 Unconditionally cancellable commitments to extend credit relating to personal lines of credit and credit card lines 318,025 320,823 Total credit exposure $ 2,174,006 $ 2,184,862 1 Excludes equity securities. 2 The carrying amount of the derivative assets represents the maximum credit risk exposure related to derivative contracts. 3 The balance represents the maximum amount of additional funds that the Bank could be obligated to extend should the contracts be fully utilized. The actual maximum exposure may differ from the amount reported above. Refer to Note 27 for further details.

Regulatory Capital

Regulatory Capital	12 Months Ended
	Oct. 31, 2021
Regulatory Capital
Regulatory Capital	NOTE 32: REGULATORY CAPITAL The Bank manages its capital under guidelines established by OSFI. The regulatory capital guidelines measure capital in relation to credit, trading market, and operational risks. The Bank has various capital policies, procedures, and controls which it utilizes to achieve its goals and objectives. The Bank’s capital management objectives are: • To be an appropriately capitalized financial institution as determined by: – the Bank’s Risk Appetite Statement; – capital requirements defined by relevant regulatory authorities; and – the Bank’s internal assessment of capital requirements, including stress test analysis, consistent with the Bank’s risk profile and risk tolerance levels. • To have the most economic weighted-average cost of capital achievable, while preserving the appropriate mix of capital elements to meet targeted capitalization levels. • To ensure ready access to sources of appropriate capital, at reasonable cost, in order to: – insulate the Bank from unexpected loss events; and – support and facilitate business growth and/or acquisitions consistent with the Bank’s strategy and risk appetite. • To support strong external debt ratings, in order to manage the Bank’s overall cost of funds and to maintain access to required funding. These objectives are applied in a manner consistent with the Bank’s overall objective of providing a satisfactory return on shareholders’ equity. Basel III Capital Framework Capital requirements of the Basel Committee on Banking Supervision are commonly referred to as Basel III. Under Basel III, Total Capital consists of three components, namely CET1, Additional Tier 1, and Tier 2 Capital. Risk sensitive regulatory capital ratios are calculated by dividing CET1, Tier 1, and Total Capital by RWA, inclusive of any minimum requirements outlined under the regulatory floor. In 2015, Basel III also implemented a non-risk sensitive leverage ratio to act as a supplementary measure to the risk-sensitive capital requirements. The objective of the leverage ratio is to constrain the build-up of excess leverage in the banking sector. The leverage ratio is calculated by dividing Tier 1 Capital by leverage exposure which is primarily comprised of on-balance Capital Position and Capital Ratios The Basel framework allows qualifying banks to determine capital levels consistent with the way they measure, manage, and mitigate risks. It specifies methodologies for the measurement of credit, trading market, and operational risks. The Bank uses the AIRB approach to credit risk for all material portfolios. In the third quarter of 2020, OSFI approved the Bank to calculate the non-retail portfolio credit RWA in U.S. Retail segment using the AIRB approach. For accounting purposes, IFRS is followed for consolidation of subsidiaries and joint ventures. For regulatory capital purposes, all subsidiaries of the Bank are consolidated except for insurance subsidiaries which are deconsolidated and follow prescribed treatment per OSFI’s CAR guidelines. Insurance subsidiaries are subject to their own capital adequacy reporting, such as OSFI’s Life Insurance Capital Adequacy Test. Some of the Bank’s subsidiaries are individually regulated by either OSFI or other regulators. Many of these entities have minimum capital requirements which may limit the Bank’s ability to extract capital or funds for other uses. During the year ended October 31, 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 CET1, Tier 1, and Total Capital ratios for Canadian banks designated as domestic systemically important banks (D-SIBs) includes a 1% common equity capital surcharge bringing the targets to 8%, 9.5%, and 11.5%, respectively. On June 25, 2018, OSFI provided greater transparency related to previously undisclosed Pillar 2 CET1 capital buffers through the introduction of the public DSB which is held by D-SIBs against Pillar 2 risks. The current buffer is set at 2.5% of total RWA and must be met with CET1 Capital, effectively raising the OSFI CET1 minimum target to 10.5%. In addition, on November 22, 2019, the Bank was designated a global systemically important bank (G-SIB). The OSFI target includes the greater of the D-SIB or G-SIB The following table summarizes the Bank’s regulatory capital position as at October 31, 2021 and October 31, 2020. Regulatory Capital Position 1 (millions of Canadian dollars, except as noted) As at October 31 October 31 Capital Common Equity Tier 1 Capital $ 69,937 $ 62,616 Tier 1 Capital 75,716 69,091 Total Capital 87,987 80,021 Risk-weighted assets used in the calculation of capital ratios 460,270 478,909 Capital and leverage ratios Common Equity Tier 1 Capital ratio 15.2 % 13.1 % Tier 1 Capital ratio 16.5 14.4 Total Capital ratio 19.1 16.7 Leverage ratio 4.8 4.5 1 Includes capital adjustments provided by OSFI in response to the COVID-19 pandemic. Refer to “Capital Position” section of the MD&A for additional detail.

Risk Management

Risk Management	12 Months Ended
	Oct. 31, 2021
Risk Management
Risk Management	NOTE 33: RISK MANAGEMENT The risk management policies and procedures of the Bank are provided in the MD&A. The shaded sections of the “Managing Risk” section of the MD&A relating to credit, market, liquidity, and insurance risks are an integral part of the 2021 Consolidated Financial Statements.

Information on Subsidiaries

Information on Subsidiaries	12 Months Ended
	Oct. 31, 2021
Investments accounted for using equity method [abstract]
Information on Subsidiaries	NOTE 34: INFORMATION ON SUBSIDIARIES The following is a list of the directly or indirectly held significant subsidiaries. SIGNIFICANT SUBSIDIARIES 1 (millions of Canadian dollars) October 31, 2021 North America Address of Head or Principal Office 2 Carrying value of shares 3 Meloche Monnex Inc. Montreal, Québec $ 2,354 Security National Insurance Company Montreal, Québec Primmum Insurance Company Toronto, Ontario TD Direct Insurance Inc. Toronto, Ontario TD General Insurance Company Toronto, Ontario TD Home and Auto Insurance Company Toronto, Ontario TD Wealth Holdings Canada Limited Toronto, Ontario 5,085 TD Asset Management Inc. Toronto, Ontario GMI Servicing Inc. Regina, Saskatchewan TD Waterhouse Private Investment Counsel Inc. Toronto, Ontario TD Waterhouse Canada Inc. Toronto, Ontario TD Auto Finance (Canada) Inc. Toronto, Ontario 3,321 TD Group US Holdings LLC Wilmington, Delaware 68,575 Toronto Dominion Holdings (U.S.A.), Inc. New York, New York TD Prime Services LLC New York, New York TD Securities Automated Trading LLC Chicago, Illinois TD Securities (USA) LLC New York, New York Toronto Dominion (Texas) LLC New York, New York Toronto Dominion (New York) LLC New York, New York Toronto Dominion Capital (U.S.A.), Inc. New York, New York Toronto Dominion Investments, Inc. New York, New York TD Bank US Holding Company Cherry Hill, New Jersey Epoch Investment Partners, Inc. New York, New York TDAM USA Inc. New York, New York TD Bank USA, National Association Cherry Hill, New Jersey TD Bank, National Association Cherry Hill, New Jersey TD Auto Finance LLC Farmington Hills, Michigan TD Equipment Finance, Inc. Cherry Hill, New Jersey TD Private Client Wealth LLC New York, New York TD Wealth Management Services Inc. Mt. Laurel, New Jersey TD Investment Services Inc. Toronto, Ontario 38 TD Life Insurance Company Toronto, Ontario 93 TD Mortgage Corporation Toronto, Ontario 11,041 TD Pacific Mortgage Corporation Vancouver, British Columbia The Canada Trust Company Toronto, Ontario TD Securities Inc. Toronto, Ontario 2,656 TD Vermillion Holdings Limited Toronto, Ontario 27,487 TD Financial International Ltd. Hamilton, Bermuda TD Reinsurance (Barbados) Inc. St. James, Barbados International TD Ireland Unlimited Company Dublin, Ireland 1,322 TD Global Finance Unlimited Company Dublin, Ireland TD Securities (Japan) Co. Ltd. Tokyo, Japan 12 Toronto Dominion Australia Limited Sydney, Australia 100 Toronto Dominion Investments B.V. London, England 1,022 TD Bank Europe Limited London, England Toronto Dominion Holdings (U.K.) Limited London, England TD Securities Limited London, England Toronto Dominion (South East Asia) Limited Singapore, Singapore 1,054 1 Unless otherwise noted, The Toronto-Dominion Bank, either directly or through its subsidiaries, owns 100% of the entity and/or 100% of any issued and outstanding voting securities and non-voting securities of the entities listed. 2 Each subsidiary is incorporated or organized in the country in which its head or principal office is located, with the exception of Toronto Dominion Investments B.V., a company incorporated in The Netherlands, but with its principal office in the United Kingdom. 3 Carrying amounts are prepared for purposes of meeting the disclosure requirements of Section 308 (3)(a)(ii) of the Bank Act SUBSIDIARIES WITH RESTRICTIONS TO TRANSFER FUNDS Certain of the Bank’s subsidiaries have regulatory requirements to fulfil, in accordance with applicable law, in order to transfer funds, including paying dividends to, repaying loans to, or redeeming subordinated debentures issued to, the Bank. These customary requirements include, but are not limited to: • Local regulatory capital and/or surplus adequacy requirements; • Basel requirements under Pillar 1 and Pillar 2; • Local regulatory approval requirements; and • Local corporate and/or securities laws. As at October 31, 2021, the net assets of subsidiaries subject to regulatory or CAR was $90.5 billion (October 31, 2020 – $95.0 billion), before intercompany eliminations. In addition to regulatory requirements outlined above, the Bank may be subject to significant restrictions on its ability to use the assets or settle the liabilities of members of its group. Key contractual restrictions may arise from the provision of collateral to third parties in the normal course of business, for example through secured financing transactions; assets securitized which are not subsequently available for transfer by the Bank; and assets transferred into other consolidated and unconsolidated structured entities. The impact of these restrictions has been disclosed in Notes 9 and 27.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Oct. 31, 2021
Statement [Line Items]
Basis Of Consolidation	BASIS OF CONSOLIDATION The Consolidated Financial Statements include the assets, liabilities, results of operations, and cash flows of the Bank and its subsidiaries including certain structured entities which it controls. The Bank’s Consolidated Financial Statements have been prepared using uniform accounting policies for like transactions and events in similar circumstances. All intercompany transactions, balances, and unrealized gains and losses on transactions are eliminated on consolidation. Subsidiaries Subsidiaries are corporations or other legal entities controlled by the Bank, generally through directly holding more than half of the voting power of the entity. Control of subsidiaries is determined based on the power exercisable through ownership of voting rights and is generally aligned with the risks and/or returns (collectively referred to as “variable returns”) absorbed from subsidiaries through those voting rights. As a result, the Bank controls and consolidates subsidiaries when it holds the majority of the voting rights of the subsidiary, unless there is evidence that another investor has control over the subsidiary. The existence and effect of potential voting rights that are currently exercisable or convertible are considered in assessing whether the Bank controls an entity. Subsidiaries are consolidated from the date the Bank obtains control and continue to be consolidated until the date when control ceases to exist. The Bank may consolidate certain subsidiaries where it owns 50% or less of the voting rights. Most of those subsidiaries are structured entities as described in the following section. Structured Entities Structured entities are entities that are created to accomplish a narrow and well-defined objective. Structured entities may take the form of a corporation, trust, partnership, or unincorporated entity. They are often created with legal arrangements that impose limits on the decision-making • The Bank has the power to direct the activities of the structured entity that have the most significant impact on the entity’s risks and/or returns; • The Bank is exposed to significant variable returns arising from the entity; and • The Bank has the ability to use its power to affect the risks and/or returns to which it is exposed. Consolidation conclusions are reassessed at the end of each financial reporting period. The Bank’s policy is to consider the impact on consolidation of all significant changes in circumstances, focusing on the following: • Substantive changes in ownership, such as the purchase or disposal of more than an insignificant additional interest in an entity; • Changes in contractual or governance arrangements of an entity; • Additional activities undertaken, such as providing a liquidity facility beyond the original terms or entering into a transaction not originally contemplated; or • Changes in the financing structure of an entity. Investments in Associates and Joint Ventures Entities over which the Bank has significant influence are associates and entities over which the Bank has joint control are joint ventures. Significant influence is the power to participate in the financial and operating policy decisions of an investee, but is not control or joint control over these entities. Significant influence is presumed to exist where the Bank holds between 20% and 50% of the voting rights of an entity. Significant influence may also exist where the Bank holds less than 20% of the voting rights and has influence over financial and operating policy-making processes, through board representation and significant commercial arrangements. Associates and joint ventures are accounted for using the equity method of accounting. Investments in associates and joint ventures are carried on the Consolidated Balance Sheet initially at cost and increased or decreased to recognize the Bank’s share of the profit or loss of the associate or joint venture, capital transactions, including the receipt of any dividends, and write-downs to reflect any impairment in the value of such entities. These increases or decreases, together with any gains and losses realized on disposition, are reported on the Consolidated Statement of Income. The carrying amount of the investments also includes the Bank’s share of the investee’s other comprehensive income or loss, which is reported in the relevant section of the Consolidated Statement of Comprehensive Income. At each balance sheet date, the Bank assesses whether there is any objective evidence that the investment in an associate or joint venture is impaired. The Bank calculates the amount of impairment as the difference between the higher of fair value or value-in-use Non-controlling When the Bank does not own all of the equity of a consolidated entity, the minority shareholders’ interest is presented on the Consolidated Balance Sheet as Non-controlling
Cash And Due From Banks	CASH AND DUE FROM BANKS Cash and due from banks consist of cash and amounts due from banks which are issued by investment grade financial institutions. These amounts are due on demand or have an original maturity of three months or less.
Revenue Recognition	REVENUE RECOGNITION Revenue is recognized at an amount that reflects the consideration the Bank expects to be entitled to in exchange for transferring services to a customer, excluding amounts collected on behalf of third parties. The Bank recognizes revenue when it transfers control of a good or a service to a customer at a point in time or over time. The determination of when performance obligations are satisfied requires the use of judgment. Refer to Note 3 for further details. The Bank identifies contracts with customers subject to IFRS 15, which create enforceable rights and obligations. The Bank determines the performance obligations based on distinct services promised to the customers in the contracts. The Bank’s contracts generally have a term of one year or less, consist of a single performance obligation, and the performance obligations generally reflect services. For each contract, the Bank determines the transaction price, which includes estimating variable consideration and assessing whether the price is constrained. Variable consideration is included in the transaction price to the extent that it is highly probable that a significant reversal of the amount will not occur when the uncertainty associated with the amount of variable consideration is subsequently resolved. As such, the estimate of the variable consideration is constrained until the end of the invoicing period. The uncertainty is generally resolved at the end of the reporting period and as such, no significant judgment is required when recognizing variable consideration in revenues. The Bank’s receipt of payment from customers generally occurs subsequent to the satisfaction of performance obligations or a short time thereafter. As such, the Bank has not recognized any material contract assets (unbilled receivables) or contract liabilities (deferred revenues) and there is no significant financing component associated with the consideration due to the Bank. When another party is involved in the transfer of services to a customer, an assessment is made to evaluate whether the Bank is the principal such that revenues are reported on a gross basis or the agent such that revenues are reported on a net basis. The Bank is the principal when it controls the services in the contract promised to the customer before they are transferred. Control is demonstrated by the Bank being primarily responsible for fulfilling the transfer of the services to the customer, having discretion in establishing pricing of the services, or both. Investment and securities services Investment and securities services income include asset management fees, administration and commission fees, and investment banking fees. The Bank recognizes asset management and administration fees based on time elapsed, which depicts the rendering of investment management and related services over time. The fees are primarily calculated based on average daily or point in time assets under management (AUM) or assets under administration (AUA) depending on the investment mandate. Commission fees include sales, trailer and brokerage commissions. Sales and brokerage commissions are generally recognized at a point in time when the transaction is executed. Trailer commissions are recognized over time and are generally calculated based on the average daily net asset value of the fund during the period. Investment banking fees include advisory fees and underwriting fees and are generally recognized at a point in time upon successful completion of the engagement. Credit fees Credit fees include liquidity fees, restructuring fees, letter of credit fees, and loan syndication fees. Liquidity, restructuring, and letter of credit fees are recognized in income over the period in which the service is provided. Loan syndication fees are generally recognized at a point in time upon completion of the financing placement. Service charges Service charges income is earned on personal and commercial deposit accounts and consists of account fees and transaction-based service charges. Account fees relate to account maintenance activities and are recognized in income over the period in which the service is provided. Transaction-based service charges are recognized as earned at a point in time when the transaction is complete. Card services Card services income includes interchange income as well as card fees such as annual and transactional fees. Interchange income is recognized at a point in time when the transaction is authorized and funded. Card fees are recognized as earned at the transaction date with the exception of annual fees, which are recognized over a twelve-month period.
Share Capital	SHARE CAPITAL AND OTHER EQUITY INSTRUMENTS The Bank classifies financial instruments that it issues as either financial liabilities, equity instruments, or compound instruments. Issued instruments that are mandatorily redeemable or convertible into a variable number of the Bank’s common shares at the holder’s option are classified as liabilities on the Consolidated Balance Sheet. Dividend or interest payments on these instruments are recognized in Interest expense on the Consolidated Statement of Income. Issued instruments are classified as equity when there is no contractual obligation to transfer cash or other financial assets. Further, issued instruments that are not mandatorily redeemable or that are not convertible into a variable number of the Bank’s common shares at the holder’s option are classified as equity on the Consolidated Balance Sheet. Incremental costs directly attributable to the issue of equity instruments are included in equity as a deduction from the proceeds, net of tax. Dividends and distributions on these instruments are recognized as a reduction in equity. Compound instruments are comprised of both liability and equity components in accordance with the substance of the contractual arrangement. The liability component is initially measured at fair value with any residual amount assigned to the equity component. Transaction costs are allocated proportionately to the liability and equity components. Common shares, preferred shares, or other equity instruments issued and held by the Bank are classified as treasury instruments in equity, and the cost of these instruments is recorded as a reduction in equity. Upon the sale of treasury instruments, the difference between the sale proceeds and the cost of the instruments is recorded in or against contributed surplus.
Guarantess	GUARANTEES The Bank issues guarantee contracts that require payments to be made to guaranteed parties based on: (1) changes in the underlying economic characteristics relating to an asset or liability of the guaranteed party; (2) failure of another party to perform under an obligating agreement; or (3) failure of another third party to pay its indebtedness when due. Guarantees are initially measured and recorded at their fair value. The fair value of a guarantee liability at initial recognition is normally equal to the present value of the guarantee fees received over the life of contract. The Bank’s release from risk is recognized over the term of the guarantee using a systematic and rational amortization method. If a guarantee meets the definition of a derivative, it is carried at fair value on the Consolidated Balance Sheet and reported as a derivative asset or derivative liability at fair value. Guarantees that are considered derivatives are over-the-counter
Derivatives	DERIVATIVES Derivatives are instruments that derive their value from changes in underlying interest rates, foreign exchange rates, credit spreads, commodity prices, equities, or other financial or non-financial non-trading Derivatives Held-for-Trading The Bank enters into trading derivative contracts to meet the needs of its customers, to provide liquidity and market-making related activities, and in certain cases, to manage risks related to its trading portfolios. The realized and unrealized gains or losses on trading derivatives are recognized in trading income (loss). Derivatives Held for Non-trading Non-trading non-trading Financial Instruments: Recognition and Measurement non-trading non-trading non-interest Hedging Relationships Hedge Accounting The Bank has an accounting policy choice to apply the h e Financial Instruments: Disclosures At the inception of a hedging relationship, the Bank documents the relationship between the hedging instrument and the hedged item, its risk management objective, and its strategy for undertaking the hedge. The Bank also requires a documented assessment, both at hedge inception and on an ongoing basis, of whether or not the derivatives that are used in hedging relationships are highly effective in offsetting the changes attributable to the hedged risks in the fair values or cash flows of the hedged items. In order to be considered effective, the hedging instrument and the hedged item must be highly and inversely correlated such that the changes in the fair value of the hedging instrument will substantially offset the effects of the hedged exposure throughout the term of the hedging relationship. If a hedging relationship becomes ineffective, it no longer qualifies for hedge accounting and any subsequent change in the fair value of the hedging instrument is recognized in Non-interest Changes in fair value relating to the derivative component excluded from the assessment of hedge effectiveness, are recognized in Net interest income or Non-interest When derivatives are designated as hedges, the Bank classifies them either as: (1) hedges of the changes in fair value of recognized assets or liabilities or firm commitments (fair value hedges); (2) hedges of the variability in highly probable future cash flows attributable to a recognized asset or liability, or a forecast transaction (cash flow hedges); or (3) hedges of net investments in a foreign operation (net investment hedges) . Interest Rate Benchmark Reform A hedging relationship is affected by IBOR reform if the reform gives rise to uncertainties about (a) the interest rate benchmark (contractually or non-contractually For such hedging relationships, the following temporary exceptions apply during the period of uncertainty: • when assessing whether a forecast transaction is highly probable or expected to occur, it is assumed that the interest rate benchmark on which the hedged cash flows (contractually or non-contractually specified) are based is not altered as a result of IBOR reform; • when assessing whether a hedge is expected to be highly effective, it is assumed that the interest rate benchmark on which the hedged cash flows and/or the hedged risk (contractually or non-contractually specified) are based, or the interest rate benchmark on which the cash flows of the hedging instrument are based, is not altered as a result of IBOR reform; • a hedge is not required to be discontinued if the actual results of the hedge are outside of a range of 80–125 per cent as a result of IBOR reform; • for a hedge of a non-contractually 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 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 Net interest income on the Consolidated Statement of 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 Cash Flow Hedges The Bank is exposed to variability in future cash flows attributable to interest rate, foreign exchange rate, and equity price risks. The amounts and timing of future cash flows are projected for each hedged exposure on the basis of their contractual terms and other relevant factors, including estimates of prepayments and defaults. The effective portion of the change in the fair value of the derivative that is designated and qualifies as a cash flow hedge is initially recognized in other comprehensive income. The change in fair value of the derivative relating to the ineffective portion is recognized immediately in non-interest When a hedging instrument expires or is sold, or when a hedge no longer meets the criteria for hedge accounting, any cumulative gain or loss existing in AOCI at that time remains in AOCI until the forecast transaction impacts the Consolidated Statement of Income. When a forecast transaction is no longer expected to occur, the cumulative gain or loss that was reported in AOCI is immediately reclassified to Net interest income or Non-interest Net Investment Hedges Hedges of net investments in foreign operations are accounted for similar to cash flow hedges. The change in fair value on the hedging instrument relating to the effective portion is recognized in other comprehensive income. The change in fair value of the hedging instrument relating to the ineffective portion is recognized immediately in non-interest non-derivatives Embedded Derivatives Derivatives may be embedded in financial liabilities or other host contracts. Embedded derivatives are treated as separate derivatives when their economic characteristics and risks are not closely related to those of the host instrument, a separate instrument with the same terms as the embedded derivative would meet the definition of a derivative, and the combined contract is not measured at fair value with changes in fair value recognized in income, such as held-for-trading Non-interest
Translation And Presentation Of Foreign Currencies	TRANSLATION AND PRESENTATION OF FOREIGN CURRENCIES The Bank’s Consolidated Financial Statements are presented in Canadian dollars. Items included in the financial statements of each of the Bank’s entities are measured using their functional currency, which is the currency of the primary economic environment in which they operate. Monetary assets and liabilities denominated in a currency that differs from an entity’s functional currency are translated into the functional currency of the entity at exchange rates prevailing at the balance sheet date. Non-monetary non-interest Foreign operations are those with a functional currency other than Canadian dollars. For the purpose of translation into the Bank’s presentation currency, all assets and liabilities are first measured in the functional currency of the foreign operation and subsequently, translated at exchange rates prevailing at the balance sheet date. Income and expenses are translated at average exchange rates for the period. Unrealized translation gains and losses relating to these foreign operations, net of gains or losses arising from net investment hedges and applicable income taxes, are included in other comprehensive income. Translation gains and losses in AOCI are recognized on the Consolidated Statement of Income upon the disposal or partial disposal of the foreign operation. The investment balance of foreign entities accounted for by the equity method, including the Bank’s investment in The Charles Schwab Corporation and TD Ameritrade, is translated into Canadian dollars using exchange rates prevailing at the balance sheet date with exchange gains or losses recognized in other comprehensive income.
Offsetting Of Financial Instruments	OFFSETTING OF FINANCIAL INSTRUMENTS Financial assets and liabilities are offset, with the net amount presented on the Consolidated Balance Sheet, only if the Bank currently has a legally enforceable right to set off the recognized amounts, and intends either to settle on a net basis or to realize the asset and settle the liability simultaneously. In all other situations, assets and liabilities are presented on a gross basis.
Determination Of Fair Value	DETERMINATION OF FAIR VALUE The fair value of a financial instrument on initial recognition is normally the transaction price, such as the fair value of the consideration given or received. The best evidence of fair value is quoted prices in active markets. When there is no active market for the instrument, the fair value may be based on other observable current market transactions involving the same or similar instrument, without modification or repackaging, or is based on a valuation technique which maximizes the use of observable market inputs. When financial assets and liabilities have offsetting market risks or credit risks, the Bank applies a measurement exception, as described in Note 5 under Portfolio Exception. The value determined from application of the portfolio exception must be allocated to the individual financial instruments within the group to arrive at the fair value of an individual financial instrument. Balance sheet offsetting presentation requirements, as described above under the Offsetting of Financial Instruments Valuation adjustments reflect the Bank’s assessment of factors that market participants would use in pricing the asset or liability. The Bank recognizes various types of valuation adjustments including, but not limited to, adjustments for bid-offer If there is a difference between the initial transaction price and the value based on a valuation technique, the difference is referred to as inception profit or loss. Inception profit or loss is recognized upon initial recognition of the instrument only if the fair value is based on observable inputs. When an instrument is measured using a valuation technique that utilizes significant non-observable non-observable If the fair value of a financial asset measured at fair value becomes negative, it is recognized as a financial liability until either its fair value becomes positive, at which time it is recognized as a financial asset, or until it is extinguished.
Derecognition Of Financial Instruments	DERECOGNITION OF FINANCIAL INSTRUMENTS Financial Assets The Bank derecognizes a financial asset when the contractual rights to that asset have expired. Derecognition may also be appropriate where the contractual right to receive future cash flows from the asset have been transferred, or where the Bank retains the rights to future cash flows from the asset, but assumes an obligation to pay those cash flows to a third party subject to certain criteria. When the Bank transfers a financial asset, it is necessary to assess the extent to which the Bank has retained the risks and rewards of ownership of the transferred asset. If substantially all the risks and rewards of ownership of the financial asset have been retained, the Bank continues to recognize the financial asset and also recognizes a financial liability for the consideration received. Certain transaction costs incurred are also capitalized and amortized using EIRM. If substantially all the risks and rewards of ownership of the financial asset have been transferred, the Bank will derecognize the financial asset and recognize separately as assets or liabilities any rights and obligations created or retained in the transfer. The Bank determines whether substantially all the risks and rewards have been transferred by quantitatively comparing the variability in cash flows before and after the transfer. If the variability in cash flows does not change significantly as a result of the transfer, the Bank has retained substantially all of the risks and rewards of ownership. If the Bank neither transfers nor retains substantially all the risks and rewards of ownership of the financial asset, the Bank derecognizes the financial asset where it has relinquished control of the financial asset. The Bank is considered to have relinquished control of the financial asset where the transferee has the practical ability to sell the transferred financial asset. Where the Bank has retained control of the financial asset, it continues to recognize the financial asset to the extent of its continuing involvement in the financial asset. Under these circumstances, the Bank usually retains the rights to future cash flows relating to the asset through a residual interest and is exposed to some degree of risk associated with the financial asset. The derecognition criteria are also applied to the transfer of part of an asset, rather than the asset as a whole, or to a group of similar financial assets in their entirety, when applicable. If transferring a part of an asset, it must be a specifically identified cash flow, a fully proportionate share of the asset, or a fully proportionate share of a specifically identified cash flow. Securitization Securitization is the process by which financial assets are transformed into securities. The Bank securitizes financial assets by transferring those financial assets to a third party and as part of the securitization, certain financial assets may be retained and may consist of an interest-only strip and, in some cases, a cash reserve account (collectively referred to as “retained interests”). If the transfer qualifies for derecognition, a gain or loss is recognized immediately in other income after the effects of hedges on the assets sold, if applicable. The amount of the gain or loss is calculated as the difference between the carrying amount of the asset transferred and the sum of any cash proceeds received, the fair value of any financial asset received or financial liability assumed, and any cumulative gain or loss allocated to the transferred asset that had been recognized in AOCI. To determine the value of the retained interest initially recorded, the previous carrying value of the transferred asset is allocated between the amount derecognized from the balance sheet and the retained interest recorded, in proportion to their relative fair values on the date of transfer. Subsequent to initial recognition, as market prices are generally not available for retained interests, fair value is determined by estimating the present value of future expected cash flows using management’s best estimates of key assumptions that market participants would use in determining fair value. Refer to Note 3 for assumptions used by management in determining the fair value of retained interests. Retained interest is classified as trading securities with subsequent changes in fair value recorded in trading income. Where the Bank retains the servicing rights, the benefits of servicing are assessed against market expectations. When the benefits of servicing are more than adequate, a servicing asset is recognized. Similarly, when the benefits of servicing are less than adequate, a servicing liability is recognized. Servicing assets and servicing liabilities are initially recognized at fair value and subsequently carried at amortized cost. Financial Liabilities The Bank derecognizes a financial liability when the obligation under the liability is discharged, cancelled, or expires. If an existing financial liability is replaced by another financial liability from the same lender on substantially different terms or where the terms of the existing liability are substantially modified, the original liability is derecognized and a new liability is recognized with the difference in the respective carrying amounts recognized on the Consolidated Statement of Income. Securities Purchased Under Reverse Repurchase Agreements, Securities Sold Under Repurchase Agreements, and Securities Borrowing and Lending Securities purchased under reverse repurchase agreements involve the purchase of securities by the Bank under agreements to resell the securities at a future date. These agreements are treated as collateralized lending transactions whereby the Bank takes possession of the purchased securities, but does not acquire the risks and rewards of ownership. The Bank monitors the market value of the purchased securities relative to the amounts due under the reverse repurchase agreements, and when necessary, requires transfer of additional collateral. In the event of counterparty default, the agreements provide the Bank with the right to liquidate the collateral held and offset the proceeds against the amount owing from the counterparty. Obligations related to securities sold under repurchase agreements involve the sale of securities by the Bank to counterparties under agreements to repurchase the securities at a future date. These agreements do not result in the risks and rewards of ownership being relinquished and are treated as collateralized borrowing transactions. The Bank monitors the market value of the securities sold relative to the amounts due under the repurchase agreements, and when necessary, transfers additional collateral and may require counterparties to return collateral pledged. Certain transactions that do not meet derecognition criteria are also included in obligations related to securities sold under repurchase agreements. Refer to Note 9 for further details. Securities purchased under reverse repurchase agreements and obligations related to securities sold under repurchase agreements are initially recorded on the Consolidated Balance Sheet at the respective prices at which the securities were originally acquired or sold, plus accrued interest. Subsequently, the agreements are measured at amortized cost on the Consolidated Balance Sheet, plus accrued interest, except when they are held-for-trading Interest earned on reverse repurchase agreements and interest incurred on repurchase agreements is determined using EIRM and is included in Interest income and Interest expense, respectively, on the Consolidated Statement of Income. Changes in fair value on reverse repurchase agreements and repurchase agreements that are held-for-trading In securities lending transactions, the Bank lends securities to a counterparty and receives collateral in the form of cash or securities. If cash collateral is received, the Bank records the cash along with an obligation to return the cash as Obligations related to securities sold under repurchase agreements on the Consolidated Balance Sheet. Where securities are received as collateral, the Bank does not record the collateral on the Consolidated Balance Sheet. In securities borrowing transactions, the Bank borrows securities from a counterparty and pledges either cash or securities as collateral. If cash is pledged as collateral, the Bank records the transaction as Securities purchased under reverse repurchase agreements on the Consolidated Balance Sheet. Securities pledged as collateral remain on the Bank’s Consolidated Balance Sheet. Where securities are pledged or received as collateral, security borrowing fees and security lending income are recorded in Non-interest Physical commodities purchased or sold with an agreement to sell or repurchase the physical commodities at a later date at a fixed price, are also included in securities purchased under reverse repurchase agreements and obligations related to securities sold under repurchase agreements, respectively, if the derecognition criteria are not met. These instruments are measured at fair value.
Goodwill	GOODWILL Goodwill represents the excess purchase price paid over the net fair value of identifiable assets and liabilities acquired in a business combination. Goodwill is carried at its initial cost less accumulated impairment losses. Goodwill is allocated to a cash-generating unit (CGU) or a group of CGUs that is expected to benefit from the synergies of the business combination, regardless of whether any assets acquired and liabilities assumed are assigned to the CGU or group of CGUs. A CGU is the smallest identifiable group of assets that generates cash flows largely independent of the cash inflows from other assets or groups of assets. Each CGU or group of CGUs, to which goodwill is allocated, represents the lowest level within the Bank at which the goodwill is monitored for internal management purposes and is not larger than an operating segment. If the composition of a CGU or group of CGUs to which goodwill has been allocated changes as a result of the sale of a business, restructuring or other changes, the goodwill is reallocated to the units affected using a relative value approach, unless the Bank can demonstrate that some other method better reflects the goodwill associated with the units affected. Goodwill is assessed for impairment at least annually and when an event or change in circumstances indicates that the carrying amount may be impaired. When impairment indicators are present, the recoverable amount of the CGU or group of CGUs, which is the higher of its estimated fair value less costs of disposal and its value-in-use,
Intangible Assets	INTANGIBLE ASSETS Intangible assets represent identifiable non-monetary The Bank assesses its intangible assets for impairment on a quarterly basis. When impairment indicators are present, the recoverable amount of the asset, which is the higher of its estimated fair value less costs of disposal and its value-in-use,
Land, Buildings, Equipments, And Other Depriciable Assets	LAND, BUILDINGS, EQUIPMENT, AND OTHER DEPRECIABLE ASSETS Land is recognized at cost. Buildings, computer equipment, furniture and fixtures, other equipment, and leasehold improvements are recognized at cost less accumulated depreciation and provisions for impairment, if any. Gains or losses on disposal are included in Non-interest The Bank adopted IFRS 16, Leases , The Bank records the obligation associated with the retirement of a long-lived asset at fair value in the period in which it is incurred and can be reasonably estimated, and records a corresponding increase to the carrying amount of the asset. The asset is depreciated on a straight-line basis over its remaining useful life while the liability is accreted to reflect the passage of time until the eventual settlement of the obligation. Depreciation is recognized on a straight-line basis over the useful lives of the assets estimated by asset category, as follows: Asset Useful Life Buildings 15 to 40 years Computer equipment 2 to 8 years Furniture and fixtures 3 to 15 years Other equipment 5 to 15 years Leasehold improvements Lesser of the remaining lease term and the remaining useful life of the asset The Bank assesses its depreciable assets for changes in useful life or impairment on a quarterly basis. Where an impairment indicator exists and the depreciable asset does not generate separate cash flows on a stand-alone basis, impairment is assessed based on the recoverable amount of the CGU to which the depreciable asset belongs. If the CGU is not impaired, the useful life of the depreciable asset is assessed with any changes applied on a prospective basis. Any impairment loss is recognized on the Consolidated Statement of Income in the period in which the impairment is identified. Impairment losses previously recognized are assessed and reversed if the circumstances leading to their impairment are no longer present. Reversal of any impairment loss will not exceed the carrying amount of the depreciable asset that would have been determined had no impairment loss been recognized for the asset in prior periods.
Non-Current Assets Held For Sale	NON-CURRENT HELD-FOR-SALE Individual non-current held-for-sale non-current Non-current held-for-sale non-current held-for-sale Non-interest non-current held-for-sale
Share-Based Compensation	SHARE-BASED COMPENSATION The Bank grants share options to certain employees as compensation for services provided to the Bank. The Bank uses a binomial tree-based valuation option pricing model to estimate fair value for all share option compensation awards. The cost of the share options is based on the fair value estimated at the grant date and is recognized as compensation expense and contributed surplus over the service period required for employees to become fully entitled to the awards. This period is generally equal to the vesting period in addition to a period prior to the grant date. For the Bank’s share options, this period is generally equal to five years. When options are exercised, the amount initially recognized in the contributed surplus balance is reduced, with a corresponding increase in common shares. The Bank has various other share-based compensation plans where certain employees are awarded share units equivalent to the Bank’s common shares as compensation for services provided to the Bank. The obligation related to share units is included in Other liabilities on the Consolidated Balance Sheet. Compensation expense is recognized based on the fair value of the share units at the grant date adjusted for changes in fair value between the grant date and the vesting date, net of hedging activities, over the service period required for employees to become fully entitled to the awards. This period is generally equal to the vesting period, in addition to a period prior to the grant date. For the Bank’s share units, this period is generally equal to four years.
Employee Benefits	EMPLOYEE BENEFITS Defined Benefit Plans Actuarial valuations are prepared at least every three years to determine the present value of the projected benefit obligation related to the Bank’s defined benefit plans. In periods between actuarial valuations, an extrapolation is performed based on the most recent valuation completed. All actuarial gains and losses are recognized immediately in other comprehensive income, with cumulative gains and losses reclassified to retained earnings. Pension and post-retirement defined benefit plan expenses are determined based upon separate actuarial valuations using the projected benefit method pro-rated . The fair value of plan assets and the present value of the projected benefit obligation are measured as at October 31. The net defined benefit asset or liability represents the difference between the cumulative actuarial gains and losses, expenses, and recognized contributions and is reported in other assets or other liabilities. Net defined benefit assets recognized by the Bank are subject to a ceiling which limits the asset recognized on the Consolidated Balance Sheet to the amount that is recoverable through refunds of contributions or future contribution holidays. In addition, where a regulatory funding deficit exists related to a defined benefit plan, the Bank is required to record a liability equal to the present value of all future cash payments required to eliminate that deficit. Defined Contribution Plans For defined contribution plans, annual pension expense is equal to the Bank’s contributions to those plans.
Insurance	INSURANCE Premiums for short-duration insurance contracts are deferred as unearned premiums and reported in Non-interest For property and casualty insurance, insurance claims and policy benefit liabilities represent current claims and estimates for future claims related to insurable events occurring at or before the Consolidated Balance Sheet date. These are determined by the appointed actuary in accordance with accepted actuarial practices and are reported as other liabilities. Expected claims and policy benefit liabilities are determined on a case-by-case 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 subsidiary boards, Risk Committee and Audit Committee of the Bank. The Bank is proceeding with implementation of the software solution, including data preparation, system testing and configuration. In addition, the Bank is participating in industry consultations, including OSFI’s draft regulatory capital requirements.
Provisions	PROVISIONS Provisions are recognized when the Bank has a present obligation (legal or constructive) as a result of a past event, the amount of which can be reliably estimated, and it is probable that an outflow of resources will be required to settle the obligation. Provisions are measured based on management’s best estimate of the consideration required to settle the obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation. If the effect of the time value of money is material, provisions are measured at the present value of the expenditure expected to be required to settle the obligation, using a discount rate that reflects the current market assessment of the time value of money and the risks specific to the obligation.
Income Taxes	INCOME TAXES Income tax is comprised of current and deferred tax. Income tax is recognized in the Provision for (recovery of) income taxes on the Consolidated Statement of Income, except to the extent that it relates to items recognized in other comprehensive income or directly in equity, in which case the related taxes are also recognized in other comprehensive income or directly in equity, respectively. Deferred tax is recognized on temporary differences between the carrying amounts of assets and liabilities on the Consolidated Balance Sheet and the amounts attributed to such assets and liabilities for tax purposes. Deferred tax assets and liabilities are determined based on the tax rates that are expected to apply when the assets or liabilities are reported for tax purposes. Deferred tax assets are recognized only when it is probable that sufficient taxable profit will be available in future periods against which deductible temporary differences may be utilized. Deferred tax liabilities are not recognized on temporary differences arising on investments in subsidiaries, branches, and associates, and interests in joint ventures if the Bank controls the timing of the reversal of the temporary difference and it is probable that the temporary difference will not reverse in the foreseeable future. The Bank records a provision for uncertain tax positions if it is probable that the Bank will have to make a payment to tax authorities upon their examination of a tax position. This provision is measured at the Bank’s best estimate of the amount expected to be paid. Provisions are reversed in provision for (recovery of) income taxes in the period in which management determines they are no longer required or as determined by statute.
Leases	LEASES An arrangement contains a lease if there is an identified asset and the Bank has a right to control that asset for a period of time in exchange for consideration. A right-of-use The Bank’s leases consist primarily of real estate, equipment and other asset leases. ROU assets are recorded in Land, Buildings, Equipment, and Other depreciable assets, and lease liabilities are included in Other liabilities on the Consolidated Balance Sheet. Interest expense on lease liabilities is included in Net interest income and depreciation expense on the ROU assets is recognized in Non-interest Short-term leases, which have a lease term of twelve months or less, and leases of low-value Non-interest .
Hedging Relationships	Hedging Relationships 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 component excluded from the assessment of hedge effectiveness from non-interest Non-interest
Business Combinations	Business Combinations In October 2018, the IASB issued narrow-scope amendments to IFRS 3, Business Combinations
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.
Future Changes in Accounting Policies	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 Consolidated Financial Statements. The Bank is currently assessing the impact of applying the standard on the Consolidated Financial Statements and will adopt the standard when it becomes effective.
IFRS 9 [Member]
Statement [Line Items]
IFRS 9 Financial Instruments	FINANCIAL INSTRUMENTS Interest Rate Benchmark Reform Phase 1 The Bank adopted Interest Rate Benchmark Reform, Amendments to IFRS 9, IAS 39 and IFRS 7 Refer to Note 4 for details of Interest Rate Benchmark Reform – Phase 2, Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 Classification and Measurement of Financial Assets The Bank classifies its financial assets into the following categories: • Amortized cost; • Fair value through other comprehensive income (FVOCI); • Held-for-trading; • Non-trading • Designated at FVTPL. The Bank recognizes financial assets on a settlement date basis, except for derivatives and securities, which are recognized on a trade date basis. Debt Instruments The classification and measurement for debt instruments is based on the Bank’s business models for managing its financial assets and whether the contractual cash flows represent solely payments of principal and interest (SPPI). Refer to Note 3 for judgment with respect to the determination of the Bank’s business models and whether contractual cashflows represent SPPI. The Bank has determined its business models as follows: • Held-to-collect: • Held-to-collect-and-sell: • Held-for-sale The Bank performs the SPPI test for financial assets held within the held-to-collect held-to-collect-and-sell non-trading Debt Securities and Loans Measured at Amortized Cost Debt securities and loans held within a held-to-collect Impairment – Expected Credit Loss Model Debt Securities and Loans Measured at Fair Value through Other Comprehensive Income Debt securities and loans held within a held-to-collect-and-sell Impairment – Expected Credit Loss Model Financial Assets Held-for-Trading The held-for-sale Trading portfolio assets are accounted for at fair value, with changes in fair value as well as any gains or losses realized on disposal recognized in trading income (loss). Transaction costs are expensed as incurred. Dividends are recognized on the ex-dividend Non-Trading Non-trading held-for-sale held-to-collect held-to-collect-and-sell non-trading non-trading Financial Assets Designated at Fair Value through Profit or Loss Debt instruments in a held-to-collect held-to-collect-and-sell Customers’ Liability under Acceptances Acceptances represent a form of negotiable short-term debt issued by customers, which the Bank guarantees for a fee. Revenue is recognized on an accrual basis. The potential obligation of the Bank is reported as a liability under Acceptances on the Consolidated Balance Sheet. The Bank’s recourse against the customer in the event of a call on any of these commitments is reported as an asset of the same amount. Equity Instruments Equity investments are required to be measured at FVTPL, except where the Bank has elected at initial recognition to irrevocably designate an equity investment, held for purposes other than trading, at FVOCI. If such an election is made, the fair value changes, including any associated foreign e non-trading non-trading Classification and Measurement for Financial Liabilities The Bank classifies its financial liabilities into the following categories: • Held-for-trading; • Designated at FVTPL; and • Other liabilities. Financial Liabilities Held-for-Trading Financial liabilities are held within a trading portfolio if they have been incurred principally for the purpose of repurchasing in the near term, or form part of a portfolio of identified financial instruments that are managed together and for which there is evidence of a recent actual pattern of short-term profit-taking. Financial liabilities held-for-trading Trading portfolio liabilities are accounted for at fair value, with changes in fair value as well as any gains or losses realized on disposal recognized in trading income (loss). Transaction costs are expensed as incurred. Interest is recognized on an accrual basis and included in interest expense. Financial Liabilities Designated at Fair Value through Profit or Loss Certain financial liabilities may be designated at FVTPL at initial recognition. To be designated at FVTPL, financial liabilities must meet one of the following criteria: (1) the designation eliminates or significantly reduces a measurement or recognition inconsistency; (2) the financial liabilities or a group of financial assets and financial liabilities are managed, and its performance is evaluated, on a fair value basis in accordance with a documented risk management or investment strategy; or (3) the instrument contains one or more embedded derivatives unless a) the embedded derivative does not significantly modify the cash flows that otherwise would be required by the contract, or b) it is clear with little or no analysis that separation of the embedded derivative from the financial instrument is prohibited. In addition, the FVTPL designation is available only for those financial instruments for which a reliable estimate of fair value can be obtained. Once financial liabilities are designated at FVTPL, the designation is irrevocable. Financial liabilities designated at FVTPL are carried at fair value on the Consolidated Balance Sheet, with changes in fair value as well as any gains or losses realized on disposal recognized in income (loss) from financial instruments designated at FVTPL, except for the amount of change in fair value attributable to changes in the Bank’s own credit risk, which is presented in other comprehensive income. Amounts recognized in other comprehensive income are not subsequently reclassified to net income upon derecognition of the financial liability; instead, they are transferred directly to retained earnings. Changes in fair value attributable to changes in the Bank’s own credit risk are measured as the difference between: (i) the period-over-period change in the present value of the expected cash flows using an all-in For loan commitments and financial guarantee contracts that are designated at FVTPL, the full change in fair value of the liability is recognized in income (loss) from financial instruments designated at FVTPL. Interest is recognized on an accrual basis in interest expense . Other Financial Liabilities Deposits Deposits, other than deposits included in a trading portfolio and deposits designated at FVTPL, are accounted for at amortized cost. Accrued interest on deposits is included in Other liabilities on the Consolidated Balance Sheet. Interest, including capitalized transaction costs, is recognized on an accrual basis using EIRM as Interest expense on the Consolidated Statement of Income. Subordinated Notes and Debentures Subordinated notes and debentures are accounted for at amortized cost. Accrued interest on subordinated notes and debentures is included in Other liabilities on the Consolidated Balance Sheet. Interest, including capitalized transaction costs, is recognized on an accrual basis using EIRM as Interest expense on the Consolidated Statement of Income. Reclassification of Financial Assets and Liabilities Financial assets and financial liabilities are not reclassified subsequent to their initial recognition, except for financial assets for which the Bank changes its business model for managing financial assets. Such reclassifications of financial assets are expected to be rare in practice. Impairment – Expected Credit Loss Model The ECL model applies to financial assets, including loans and debt securities measured at amortized cost, loans and debt securities measured at FVOCI, loan commitments, and financial guarantees that are not measured at FVTPL. The ECL model consists of three stages: Stage 1 – Twelve-month ECLs for performing financial assets, Stage 2 – Lifetime ECLs for financial assets that have experienced a significant increase in credit risk since initial recognition, and Stage 3 – Lifetime ECLs for financial assets that are credit-impaired. ECLs are the difference between all the contractual cash flows that are due to the Bank in accordance with the contract and all the cash flows the Bank expects to receive, discounted at the original EIR. If a significant increase in credit risk has occurred since initial recognition, impairment is measured as lifetime ECLs. Otherwise, impairment is measured as twelve-month ECLs which represent the portion of lifetime ECLs that are expected to occur based on default events that are possible within twelve months after the reporting date. If credit quality improves in a subsequent period such that the increase in credit risk since initial recognition is no longer considered significant, the loss allowance reverts to being measured based on twelve-month ECLs. Significant Increase in Credit Risk For retail exposures, significant increase in credit risk is assessed based on changes in the twelve-month probability of default (PD) since initial recognition, using a combination of individual and collective information that incorporates borrower and account specific attributes and relevant forward-looking macroeconomic variables. For non-retail 21-point For both retail and non-retail exposures, delinquency backstop when contractual payments are more than 30 days past due is also used in assessing significant increase in credit risk. The Bank defines default as delinquency of 90 days or more for most retail products and BRR 9 for non-retail When assessing whether there has been a significant increase in credit risk since initial recognition of a financial asset, the Bank considers all reasonable and supportable information that is available without undue cost or effort about past events, current conditions, and forecast of future economic conditions. Refer to Note 3 for additional details. Measurement of Expected Credit Losses ECLs are measured as the probability-weighted present value of expected cash shortfalls over the remaining expected life of the financial instrument and consider reasonable and supportable information about past events, current conditions, and forecasts of future events and economic conditions that impact the Bank’s credit risk assessment. Expected life is the maximum contractual period the Bank is exposed to credit risk, including extension options for which the borrower has unilateral right to exercise. For certain financial instruments that include both a loan and an undrawn commitment, and the Bank’s contractual ability to demand repayment and cancel the undrawn commitment does not limit the Bank’s exposure to credit losses to the contractual notice period, ECLs are measured over the period the Bank is exposed to credit risk. For example, ECLs for credit cards are measured over the borrowers’ expected behavioural life, incorporating survivorship assumptions and borrower-specific attributes. The Bank leverages its Advanced Internal Ratings-Based (AIRB) models used for regulatory capital purposes and incorporates adjustments where appropriate to calculate ECLs. Forward-Looking Information and Expert Credit Judgment Forward-looking information is considered when determining significant increase in credit risk and measuring ECLs. Forward-looking macroeconomic factors are incorporated in the risk parameters as relevant. Qualitative factors that are not already considered in the quantitative models are incorporated by applying expert credit judgment in determining the final ECLs. Refer to Note 3 for additional details. Modified Loans In cases where a borrower experiences financial difficulties, the Bank may grant certain concessionary modifications to the terms and conditions of a loan. Modifications may include payment deferrals, extension of amortization periods, rate reductions, principal forgiveness, debt consolidation, forbearance and other modifications intended to minimize the economic loss and to avoid foreclosure or repossession of collateral. The Bank has policies in place to determine the appropriate remediation strategy based on the individual borrower. If the Bank determines that a modification results in expiry of cash flows, the original asset is derecognized while a new asset is recognized based on the new contractual terms. Significant increase in credit risk is assessed relative to the risk of default on the date of modification. If the Bank determines that a modification does not result in derecognition, significant increase in credit risk is assessed based on the risk of default at initial recognition of the original asset. Expected cash flows arising from the modified contractual terms are considered when calculating ECLs for the modified asset. For loans that were modified while having lifetime ECLs, the loans can revert to having twelve-month ECLs after a period of performance and improvement in the borrower’s financial condition. Allowance for Loan Losses, Excluding Acquired Credit-Impaired Loans The allowance for loan losses represents management’s calculation of probability-weighted ECLs in the lending portfolios, including any off-balance off-balance sheet and off-balance A loan is written off against the related allowance for loan losses when there is no realistic prospect of recovery. Non-retail Non-real sold. Real-estate secured retail loans are generally written off when the security is realized. The time period over which the Bank performs collection activities on the contractual amount outstanding of financial assets that are written off varies from one jurisdiction to another and generally spans between less than one year to five years.​​​​​​​ Allowance for Credit Losses on Debt Securities The allowance for credit losses on debt securities represents management’s calculation of probability-weighted ECLs. Debt securities measured at amortized cost are presented net of the allowance for credit losses on the Consolidated Balance Sheet. The allowance for credit losses on debt securities measured at FVOCI are presented on the Consolidated Statement of Changes in Equity. The allowance for credit losses is increased by the provision for credit losses and decreased by write-offs net of recoveries and disposals. Each quarter, allowances are reassessed and adjusted based on any changes in management’s estimate of ECLs. Acquired Performing Loans Acquired performing loans are initially measured at fair value, which considers incurred and expected future credit losses estimated at the acquisition date and also reflects adjustments based on the acquired loan’s interest rate in comparison to current market rates. On acquisition, twelve-month ECLs are recognized on the acquired performing loans, resulting in the carrying amount being lower than fair value. Acquired performing loans are subsequently accounted for at amortized cost based on their contractual cash flows and any acquisition related discount or premium, including credit-related discounts, is considered to be an adjustment to the loan yield and is recognized in interest income using EIRM over the term of the loan, or the expected life of the loan for acquired performing loans with revolving terms. Acquired Credit-Impaired Loans When loans are acquired with evidence of incurred credit loss where it is probable at the purchase date that the Bank will be unable to collect all contractually required principal and interest payments, they are generally considered to be acquired credit-impaired (ACI) loans, with no ECLs recognized on acquisition. ACI loans are identified as impaired at acquisition based on specific risk characteristics of the loans, including past due status, performance history, and recent borrower credit scores. ACI loans are accounted for based on the present value of expected cash flows as opposed to their contractual cash flows. The Bank determines the fair value of these loans at the acquisition date by discounting expected cash flows at a discount rate that reflects factors a market participant would use when determining fair value, including management assumptions relating to default rates, loss severities, the amount and timing of prepayments, and other factors that are reflective of current market conditions. With respect to certain individually significant ACI loans, accounting is applied individually at the loan level. The remaining ACI loans are aggregated provided they are acquired in the same fiscal quarter and have common risk characteristics. Aggregated loans are accounted for as a single asset with aggregated cash flows and a single composite interest rate. Subsequent to acquisition, the Bank regularly reassesses and updates its cash flow estimates for changes to assumptions relating to default rates, loss severities, the amount and timing of prepayments, and other factors that are reflective of current market conditions. Probable decreases in expected cash flows trigger the recognition of additional impairment, which is measured based on the present value of the revised expected cash flows discounted at the loan’s EIR as compared to the carrying value of the loan. The ECL in excess of the initial credit-related discount is recorded through the provision for credit losses. Interest income on ACI loans is calculated by multiplying the credit-adjusted EIR to the amortized cost of ACI loans.

IFRS 7 Disclosure (Tables)

IFRS 7 Disclosure (Tables)	12 Months Ended
	Oct. 31, 2021
Statement [Line Items]
Schedule of Probability Of Default Risk Ranges	For unsecured products, downturn LGD estimates reflect the observed lower recoveries for exposures defaulted during the 2008 to 2009 recession. For products secured by residential real estate, such as mortgages and home equity lines of credit, downturn LGD reflects the potential impact of a severe housing downturn. EAD estimates similarly reflect a downturn scenario. The following table maps PD ranges to risk levels: Risk Assessment PD Segment PD Range Low Risk 1 0.00 to 0.15% Normal Risk 2 3 0.16 to 0.41 0.42 to 1.10 Medium Risk 4 5 1.11 to 2.93 2.94 to 4.74 High Risk 6 7 8 4.75 to 7.59 7.60 to 18.24 18.25 to 99.99 Default 9 100.00
Credit Risk Exposures Subject to the SA	The Bank applies the following risk weights to on-balance Sovereign 0 % 1 Bank 20 % 1 Corporate 100 % 1 The risk weight may vary according to the external risk rating.
Portfolio Market Risk Measures	TABLE 44: PORTFOLIO MARKET RISK MEASURES (millions of Canadian dollars) 2021 2020 As at Average High Low As at Average High Low Interest rate risk $ 11.9 $ 15.7 $ 33.5 $ 6.8 $ 20.6 $ 19.1 $ 36.8 $ 7.6 Credit spread risk 9.0 14.7 37.2 5.4 37.3 35.1 109.3 6.9 Equity risk 9.2 9.5 14.1 6.0 12.0 12.7 42.8 3.5 Foreign exchange risk 1.8 1.9 5.3 0.4 4.0 3.9 10.4 0.9 Commodity risk 4.7 4.7 9.4 1.9 3.8 3.7 7.9 1.2 Idiosyncratic debt specific risk 19.4 26.2 41.9 16.5 48.9 37.0 69.5 10.9 Diversification effect 1 (32.9 ) (42.8 ) n/m 2 n/m (75.2 ) (64.9 ) n/m n/m Total Value-at-Risk (one-day) 23.1 29.9 44.7 20.6 51.4 46.6 118.8 15.1 Stressed Value-at-Risk (one-day) 63.9 39.5 63.9 28.5 49.5 57.4 126.9 31.3 Incremental Risk Capital Charge (one-year) 338.3 349.5 424.3 265.1 301.6 325.2 482.9 164.8 1 The aggregate VaR is less than the sum of the VaR of the different risk types due to risk offsets resulting from portfolio diversification. 2 Not meaningful. It is not meaningful to compute a diversification effect because the high and low may occur on different days for different risk types.
Structural Interest Rate Sensitivity Measures	TABLE 45: STRUCTURAL INTEREST RATE SENSITIVITY MEASURES (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 EVE Sensitivity NII 1 Sensitivity EVE Sensitivity NII Canada U.S. Total Canada U.S. Total Total Total Before-tax 100 bps increase in rates $ 75 $ (1,443 ) $ (1,368 ) $ 872 $ 985 $ 1,857 $ (1,876 ) $ 1,926 100 bps decrease in rates (189 ) 527 338 (663 ) (438 ) (1,101 ) 277 (872 ) 1 Represents the twelve-month NII exposure to an immediate and sustained shock in rates.
Summary of Liquid Assets by Type and Currency	TABLE 46: SUMMARY OF LIQUID ASSETS BY TYPE AND CURRENCY 1,2,3 (millions of Canadian dollars, except as noted) As at Bank-owned Securities received as Total % of Encumbered Unencumbered October 31, 2021 Cash and central bank reserves $ 70,271 $ – $ 70,271 8 % $ 798 $ 69,473 Canadian government obligations 26,176 92,825 119,001 14 83,456 35,545 National Housing Act Mortgage-Backed Securities (NHA MBS) 23,615 2 23,617 3 1,104 22,513 Obligations of provincial governments, public sector entities and multilateral development banks 4 30,213 24,808 55,021 6 37,142 17,879 Corporate issuer obligations 9,062 3,775 12,837 1 2,542 10,295 Equities 14,558 3,589 18,147 2 9,110 9,037 Total Canadian dollar-denominated 173,895 124,999 298,894 34 134,152 164,742 Cash and central bank reserves 84,956 – 84,956 10 120 84,836 U.S. government obligations 83,386 44,924 128,310 15 34,903 93,407 U.S. federal agency obligations, including U.S. federal agency mortgage-backed obligations 74,898 5,082 79,980 9 18,949 61,031 Obligations of other sovereigns, public sector entities and multilateral development banks 4 63,400 60,623 124,023 14 57,530 66,493 Corporate issuer obligations 79,108 3,143 82,251 9 10,268 71,983 Equities 41,961 33,280 75,241 9 38,077 37,164 Total non-Canadian 427,709 $ 147,052 $ 574,761 66 % $ 159,847 $ 414,914 Total $ 601,604 $ 272,051 $ 873,655 100 % $ 293,999 $ 579,656 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 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 4 Includes debt obligations issued or guaranteed by these entities.
Summary of Unencumbered Liquid Assets by Bank, Subsidiaries, and Branches	TABLE 47: SUMMARY OF UNENCUMBERED LIQUID ASSETS BY BANK, SUBSIDIARIES, AND BRANCHES (millions of Canadian dollars) As at October 31 October 31 The Toronto-Dominion Bank (Parent) $ 204,543 $ 230,369 Bank subsidiaries 360,569 334,308 Foreign branches 14,544 16,213 Total $ 579,656 $ 580,890
Summary of Deposit Funding	TABLE 55: SUMMARY OF DEPOSIT FUNDING (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 P&C deposits – Canadian Retail $ 519,466 $ 471,543 P&C deposits – U.S. Retail 1 472,742 477,738 Total $ 992,208 $ 949,281 1 P&C deposits in U.S. Retail are presented on a CAD equivalent basis and therefore period-over-period movements reflect both underlying growth and changes in the foreign exchange rate.
Summary of Remaining Contractual Maturity	TABLE 58: REMAINING CONTRACTUAL MATURITY (millions of Canadian dollars) As at October 31, 2021 Less than 1 to 3 3 to 6 6 to 9 9 months Over 1 to Over 2 to Over No specific Total Assets Cash and due from banks $ 5,931 $ – $ – $ – $ – $ – $ – $ – $ – $ 5,931 Interest-bearing deposits with banks 158,039 373 185 – – – – – 1,365 159,962 Trading loans, securities, and other 1 2,020 4,382 5,059 2,275 2,874 12,293 21,299 23,119 74,269 147,590 Non-trading 58 3 543 1,250 53 745 3,803 1,931 1,004 9,390 Derivatives 6,146 9,393 5,289 2,885 1,818 7,172 10,895 10,829 – 54,427 Financial assets designated at fair value through profit or loss 441 311 187 167 363 851 624 1,620 – 4,564 Financial assets at fair value through other comprehensive income 1,030 6,532 11,881 3,381 2,914 4,089 21,983 22,658 4,598 79,066 Debt securities at amortized cost, net of allowance for credit losses 1,235 6,567 8,180 4,889 4,030 27,819 79,375 136,846 (2 ) 268,939 Securities purchased under reverse repurchase agreements 2 92,356 30,580 22,332 14,191 7,441 140 244 – – 167,284 Loans Residential mortgages 930 2,389 5,050 10,061 10,077 34,004 166,855 38,974 – 268,340 Consumer instalment and other personal 641 987 2,029 4,049 3,254 14,333 81,413 27,126 56,032 189,864 Credit card – – – – – – – – 30,738 30,738 Business and government 27,691 5,390 6,707 10,533 8,503 23,332 71,025 61,647 25,242 240,070 Total loans 29,262 8,766 13,786 24,643 21,834 71,669 319,293 127,747 112,012 729,012 Allowance for loan losses – – – – – – – – (6,390 ) (6,390 ) Loans, net of allowance for loan losses 29,262 8,766 13,786 24,643 21,834 71,669 319,293 127,747 105,622 722,622 Customers’ liability under acceptances 16,039 2,327 76 2 4 – – – – 18,448 Investment in Schwab – – – – – – – – 11,112 11,112 Goodwill 3 – – – – – – – – 16,232 16,232 Other intangibles 3 – – – – – – – – 2,123 2,123 Land, buildings, equipment, and other depreciable assets 3 – 3 10 4 4 19 466 3,664 5,011 9,181 Deferred tax assets – – – – – – – – 2,265 2,265 Amounts receivable from brokers, dealers, and clients 32,357 – – – – – – – – 32,357 Other assets 3,100 1,049 2,204 159 150 74 112 73 10,258 17,179 Total assets $ 348,014 $ 70,286 $ 69,732 $ 53,846 $ 41,485 $ 124,871 $ 458,094 $ 328,487 $ 233,857 $ 1,728,672 Liabilities Trading deposits $ 1,697 $ 5,373 $ 4,867 $ 2,953 $ 1,196 $ 2,135 $ 3,516 $ 1,154 $ – $ 22,891 Derivatives 7,387 9,392 4,581 2,969 2,244 7,403 10,792 12,354 – 57,122 Securitization liabilities at fair value – 538 1,013 514 301 2,814 5,737 2,588 – 13,505 Financial liabilities designated at fair value through profit or loss 23,923 12,526 33,712 28,017 14,678 1,127 1 4 – 113,988 Deposits 4,5 Personal 5,799 9,750 8,491 5,999 6,148 7,611 7,254 29 582,417 633,498 Banks 8,903 338 135 25 – 2 2 4 11,508 20,917 Business and government 15,795 12,080 8,268 5,433 1,311 28,880 37,255 6,079 355,609 470,710 Total deposits 30,497 22,168 16,894 11,457 7,459 36,493 44,511 6,112 949,534 1,125,125 Acceptances 16,039 2,327 76 2 4 – – – – 18,448 Obligations related to securities sold short 1 1,096 729 1,753 1,648 432 4,574 12,640 17,505 2,007 42,384 Obligations related to securities sold under repurchase agreements 2 120,938 13,904 7,255 1,700 272 28 – – – 144,097 Securitization liabilities at amortized cost – 344 414 475 403 3,448 7,043 3,135 – 15,262 Amounts payable to brokers, dealers, and clients 28,993 – – – – – – – – 28,993 Insurance-related liabilities 158 273 405 405 425 982 1,673 872 2,483 7,676 Other liabilities 9,008 3,106 925 228 767 1,522 1,796 4,815 5,966 28,133 Subordinated notes and debentures – – – – – – 200 11,030 – 11,230 Equity – – – – – – – – 99,818 99,818 Total liabilities and equity $ 239,736 $ 70,680 $ 71,895 $ 50,368 $ 28,181 $ 60,526 $ 87,909 $ 59,569 $ 1,059,808 $ 1,728,672 Off-balance Credit and liquidity commitments 6,7 $ 14,788 $ 24,189 $ 23,482 $ 19,887 $ 15,616 $ 38,639 $ 115,624 $ 3,789 $ 1,327 $ 257,341 Other commitments 8 59 170 185 244 170 591 1,303 541 – 3,263 Unconsolidated structured entity commitments – 859 20 557 – 127 510 – – 2,073 Total off-balance $ 14,847 $ 25,218 $ 23,687 $ 20,688 $ 15,786 $ 39,357 $ 117,437 $ 4,330 $ 1,327 $ 262,677 1 Amount has been recorded according to the remaining contractual maturity of the underlying security. 2    3    non-financial 4    As non-specific 5    Includes $25 billion of covered bonds with remaining contractual maturities of $2 billion in ‘over 1 months to 3 months’, $2 billion in ‘over 3 months to 6 months’, $4 billion in ‘over 6 months to 9 months’, $8 billion in ‘over 1 to 2 years’, $7 billion in ‘over 2 to 5 years’, and $2 billion in ‘over 5 years’. 6   Includes $326 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 58: REMAINING CONTRACTUAL MATURITY (millions of Canadian dollars) As at October 31, 2020 Less than 1 to 3 3 to 6 6 to 9 9 months Over 1 to Over 2 to 5 Over 5 No specific Total Assets Cash and due from banks $ 6,437 $ 8 $ – $ – $ – $ – $ – $ – $ – $ 6,445 Interest-bearing deposits with banks 161,326 656 – – – – – – 2,167 164,149 Trading loans, securities, and other 1 4,363 6,920 7,866 6,913 3,867 9,732 23,624 27,554 57,479 148,318 Non-trading 80 – 600 2,271 69 1,430 1,425 1,879 794 8,548 Derivatives 5,299 7,167 4,554 2,810 2,525 6,314 10,004 15,569 – 54,242 Financial assets designated at fair value through profit or loss 820 183 631 234 107 930 1,253 581 – 4,739 Financial assets at fair value through other comprehensive income 2,501 2,799 8,490 6,101 4,886 25,305 23,667 26,957 2,579 103,285 Debt securities at amortized cost, net of allowance for credit losses 6,444 23,449 16,052 5,855 5,498 12,386 62,145 95,852 (2 ) 227,679 Securities purchased under reverse repurchase agreements 2 98,721 30,246 23,879 11,776 4,204 29 307 – – 169,162 Loans Residential mortgages 472 2,845 7,286 9,994 10,481 38,182 138,912 44,047 – 252,219 Consumer instalment and other personal 706 1,423 3,437 3,941 3,893 14,594 68,961 28,038 60,467 185,460 Credit card – – – – – – – – 32,334 32,334 Business and government 27,193 4,938 8,973 11,653 8,672 35,439 70,478 65,144 23,309 255,799 Total loans 28,371 9,206 19,696 25,588 23,046 88,215 278,351 137,229 116,110 725,812 Allowance for loan losses – – – – – – – – (8,289 ) (8,289 ) Loans, net of allowance for loan losses 28,371 9,206 19,696 25,588 23,046 88,215 278,351 137,229 107,821 717,523 Customers’ liability under acceptances 12,699 2,036 204 2 – – – – – 14,941 Investment in Schwab – – – – – – – – 12,174 12,174 Goodwill 3 – – – – – – – – 17,148 17,148 Other intangibles 3 – – – – – – – – 2,125 2,125 Land, buildings, equipment, and other depreciable assets 3,4 – 1 6 91 9 29 299 4,384 5,317 10,136 Deferred tax assets – – – – – – – – 2,444 2,444 Amounts receivable from brokers, dealers, and clients 33,951 – – – – – – – – 33,951 Other assets 3,521 1,060 643 2,783 470 150 125 171 9,933 18,856 Total assets $ 364,533 $ 83,731 $ 82,621 $ 64,424 $ 44,681 $ 144,520 $ 401,200 $ 310,176 $ 219,979 $ 1,715,865 Liabilities Trading deposits $ 1,802 $ 2,429 $ 2,065 $ 3,057 $ 1,639 $ 3,510 $ 3,455 $ 1,220 $ – $ 19,177 Derivatives 4,718 6,783 3,997 1,917 2,012 5,438 11,084 17,254 – 53,203 Securitization liabilities at fair value – 608 243 652 345 2,495 6,706 2,669 – 13,718 Financial liabilities designated at fair value through profit or loss 18,654 7,290 12,563 15,892 5,251 – 4 11 – 59,665 Deposits 5,6 Personal 6,240 8,996 9,139 9,550 7,288 10,095 7,923 37 565,932 625,200 Banks 12,870 1,592 313 56 28 – 4 5 14,101 28,969 Business and government 25,387 24,703 24,841 15,274 7,214 14,378 52,852 3,386 313,129 481,164 Total deposits 44,497 35,291 34,293 24,880 14,530 24,473 60,779 3,428 893,162 1,135,333 Acceptances 12,699 2,036 204 2 – – – – – 14,941 Obligations related to securities sold short 1 698 1,095 993 823 707 4,888 9,789 14,986 1,020 34,999 Obligations related to securities sold under repurchase agreements 2 122,433 23,944 30,879 1,791 4,952 4,873 4 – – 188,876 Securitization liabilities at amortized cost – 1,055 221 422 404 1,642 8,799 3,225 – 15,768 Amounts payable to brokers, dealers, and clients 35,143 – – – – – – – – 35,143 Insurance-related liabilities 306 350 382 316 305 963 1,676 1,033 2,259 7,590 Other liabilities 4 7,672 3,630 1,744 701 1,048 1,304 1,402 5,633 7,342 30,476 Subordinated notes and debentures – – – – – – 200 11,277 – 11,477 Equity – – – – – – – – 95,499 95,499 Total liabilities and equity $ 248,622 $ 84,511 $ 87,584 $ 50,453 $ 31,193 $ 49,586 $ 103,898 $ 60,736 $ 999,282 $ 1,715,865 Off-balance Credit and liquidity commitments 7,8 $ 19,568 $ 23,526 $ 25,918 $ 20,089 $ 14,289 $ 43,760 $ 107,951 $ 4,343 $ 1,309 $ 260,753 Other commitments 9 77 169 183 188 165 657 875 553 – 2,867 Unconsolidated structured entity commitments 903 342 1,367 227 408 – – – – 3,247 Total off-balance $ 20,548 $ 24,037 $ 27,468 $ 20,504 $ 14,862 $ 44,417 $ 108,826 $ 4,896 $ 1,309 $ 266,867 1 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 4 Upon adoption of IFRS 16, ROU assets recognized are included in ‘Land, buildings, equipment, and other depreciable assets’ and lease liabilities recognized are included in ‘Other liabilities’. 5 As the timing of demand deposits and notice deposits is non-specific 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.
Borrower risk rating [member]
Statement [Line Items]
Schedule of BRR Scale Aligned to External Ratings	TD’s 21-point Description Rating Category Standard & Poor’s Moody’s Investor Services Investment grade 0 to 1C AAA to AA- Aaa to Aa3 2A to 2C A+ to A- A1 to A3 3A to 3C BBB+ to BBB- Baa1 to Baa3 Non-investment 4A to 4C BB+ to BB- Ba1 to Ba3 5A to 5C B+ to B- B1 to B3 Watch and classified 6 to 8 CCC+ to CC and below Caa1 to Ca and below Impaired/default 9A to 9B Default Default

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Schedule of Useful Lives of Assets Estimated by Asset Category	Depreciation is recognized on a straight-line basis over the useful lives of the assets estimated by asset category, as follows: Asset Useful Life Buildings 15 to 40 years Computer equipment 2 to 8 years Furniture and fixtures 3 to 15 years Other equipment 5 to 15 years Leasehold improvements Lesser of the remaining lease term and the remaining useful life of the asset

Current And Future Changes In_2

Current And Future Changes In Accounting Policies (Tables)	12 Months Ended
	Oct. 31, 2021
Disclosure of detailed information about financial instruments [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 US LIBOR settings 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 (millions of Canadian dollars) As at October 31, 2021 Non-derivative financial assets 4 Non-derivative financial liabilities Derivatives Off-balance sheet commitments 5 Carrying amount Carrying amount Notional Positive fair value Negative fair value Contractual amount US LIBOR tenors ceasing 12/31/2021 $ 1,496 $ – $ 172 $ 1 $ 16 $ – US LIBOR tenors ceasing 06/30/2023 102,219 519 3,242,624 1,486 2,327 89,407 GBP LIBOR 748 – 254,009 10 2 1,870 Other IBORs 6 328 – 241,485 301 176 – 104,791 519 3,738,290 1,798 2,521 91,277 Cross-currency swaps 7 US LIBOR / other rates 8 n/a n/a 447,821 7,148 7,488 n/a US LIBOR / GBP LIBOR n/a n/a 122,832 438 408 n/a US LIBOR / JPY LIBOR n/a n/a 34,335 486 525 n/a Other IBORs 6 n/a n/a 37,277 1,072 890 n/a n/a n/a 642,265 9,144 9,311 n/a Total $ 104,791 $ 519 $ 4,380,555 $ 10,942 $ 11,832 $ 91,277 1 ARRs for major interest rate benchmarks include SOFR (Secured Overnight Financing Rate) for US LIBOR, SONIA (Sterling Overnight Index Average) for GBP LIBOR, and TONAR (Tokyo Overnight Average Rate) for JPY LIBOR. 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 October 31, 2021, the notional amount of derivatives indexed to EURIBOR was $1,811 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 October 31, 2021, the carrying amounts of demand loans and demand deposits indexed to US LIBOR with no specific maturity were $2 billion and $2 billion, respectively. 4 Loans reported under non-derivative non-derivative 5 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. 6 “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). 7 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) 8 “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)	12 Months Ended
	Oct. 31, 2021
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [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 October 31, 2021 October 31, 2020 Carrying Fair value Carrying Fair value FINANCIAL ASSETS Debt securities at amortized cost, net of allowance for credit losses Government and government-related securities $ 208,559 $ 207,927 $ 174,592 $ 175,500 Other debt securities 60,380 60,525 53,087 53,373 Total debt securities at amortized cost, net of allowance for credit losses 268,939 268,452 227,679 228,873 Total loans, net of allowance for loan losses 722,622 725,177 717,523 727,197 Total financial assets not carried at fair value $ 991,561 $ 993,629 $ 945,202 $ 956,070 FINANCIAL LIABILITIES Deposits $ 1,125,125 $ 1,124,762 $ 1,135,333 $ 1,137,624 Securitization liabilities at amortized cost 15,262 15,202 15,768 16,143 Subordinated notes and debentures 11,230 11,838 11,477 12,374 Total financial liabilities not carried at fair value $ 1,151,617 $ 1,151,802 $ 1,162,578 $ 1,166,141 1 This table excludes financial assets and liabilities where the carrying value approximates their fair value.
Schedule of Reconciliation of Changes in Fair Value for Level 3 Assets and Liabilities	Reconciliation of Changes in Fair Value for Level 3 Assets and Liabilities (millions of Canadian dollars) Fair value as at Total realized and Movements Transfers Fair value as at Change in 5 Included 1 Included 2,3 Purchases/ Sales/ 4 Into Out of FINANCIAL ASSETS Trading loans, securities, Government and government- $ 16 $ 2 $ – $ – $ (18 ) $ 1 $ (1 ) $ – $ – Other debt securities 3 – – 23 (3 ) 7 (24 ) 6 – Equity securities – – – 33 – – – 33 – 19 2 – 56 (21 ) 8 (25 ) 39 – Non-trading Securities 571 130 – 140 (81 ) – – 760 76 Loans 3 – – – – – – 3 – 574 130 – 140 (81 ) – – 763 76 Financial assets at fair value Other debt securities 20 – 4 – – 40 – 64 4 Equity securities 1,579 – 32 161 (163 ) – – 1,609 20 $ 1,599 $ – $ 36 $ 161 $ (163 ) $ 40 $ – $ 1,673 $ 24 FINANCIAL LIABILITIES Trading deposits 6 $ (4,649 ) $ (999 ) $ – $ (790 ) $ 2,636 $ (7 ) $ 3,668 $ (141 ) $ (5 ) Derivatives 7 Interest rate contracts (96 ) (9 ) – – 17 – – (88 ) 7 Foreign exchange contracts 2 5 – – – 1 (1 ) 7 6 Equity contracts (707 ) (729 ) – (36 ) 235 3 1,152 (82 ) 52 Commodity contracts (18 ) 55 – – (6 ) – – 31 32 (819 ) (678 ) – (36 ) 246 4 1,151 (132 ) 97 Financial liabilities (24 ) (51 ) – (263 ) 262 – – (76 ) (44 ) Obligations related to securities – – – (8 ) (1 ) (1 ) 1 (9 ) – Fair value as at November 1 Total realized and Movements Transfers Fair value as at October 31 Change in instruments 5 Included 1 Included 2,3 Purchases/ Sales/ 4 Into Out of FINANCIAL ASSETS Trading loans, securities, Government and government- $ 8 $ (1 ) $ – $ – $ (8 ) $ 17 $ – $ 16 $ – Other debt securities 4 – – 29 (41 ) 18 (7 ) 3 – 12 (1 ) – 29 (49 ) 35 (7 ) 19 – Non-trading Securities 493 12 – 118 (52 ) – – 571 (2 ) Loans 5 – – – (2 ) – – 3 – 498 12 – 118 (54 ) – – 574 (2 ) Financial assets at fair value Other debt securities 24 – (4 ) – – – – 20 (4 ) Equity securities 1,551 – (23 ) 50 1 – – 1,579 (24 ) $ 1,575 $ – $ (27 ) $ 50 $ 1 $ – $ – $ 1,599 $ (28 ) FINANCIAL LIABILITIES Trading deposits 6 $ (4,092 ) $ 214 $ – $ (3,334 ) $ 2,558 $ (3 ) $ 8 $ (4,649 ) $ 328 Derivatives 7 Interest rate contracts (83 ) (43 ) – – 30 – – (96 ) (17 ) Foreign exchange contracts (1 ) 2 – – – 1 – 2 1 Equity contracts (925 ) 172 – (101 ) 146 (1 ) 2 (707 ) 172 Commodity contracts (17 ) (42 ) – – 41 – – (18 ) (16 ) (1,026 ) 89 – (101 ) 217 – 2 (819 ) 140 Financial liabilities (21 ) 112 – (202 ) 87 – – (24 ) 112 Obligations related to securities – – – – – (6 ) 6 – – 1 Gains/losses on financial assets and liabilities are recognized within Non-interest 2 Other comprehensive income. 3 Includes realized gains/losses transferred to retained earnings on disposal of equities designated at FVOCI. Refer to Note 7 for further details. 4 Includes foreign exchange. 5 Changes in unrealized gains/losses on financial assets at FVOCI are recognized in AOCI. 6 Issuances and repurchases of trading deposits are reported on a gross basis. 7 As at October 31, 2021, consists of derivative assets of $47 million (October 31, 2020/November 1, 2020 – $381 million; November 1, 2019 – $604 million) and derivative liabilities of $179 million (October 31, 2020/November 1, 2020 – $1,200 million; November 1, 2019 – $1,630 million), which have been netted in this table for presentation purposes only.
Summary of Quantitative Information about Fair Value Measurements Using Significant Unobservable Inputs (Level 3 Instruments)	Valuation Techniques and Inputs Used in the Fair Value Measurement of Level 3 Assets and Liabilities As at October 31, 2021 October 31, 2020 Valuation technique Significant unobservable inputs (Level 3) Lower Upper Lower Upper Unit Government and government-related securities Market comparable Bond price equivalent n/a n/a 19 116 points Other debt securities Market comparable Bond price equivalent – 102 – 111 points Equity securities 1 Market comparable New issue price 100 100 100 100 % Discounted cash flow Discount rate 9 9 9 9 % Market comparable Price equivalent 35 36 23 23 % Non-trading financial assets at fair value through profit or loss Market comparable New issue price 100 100 100 100 % Discounted cash flow Discount rates 11 13 20 20 % EBITDA multiple Earnings multiple 2.8 20.0 1.5 16.0 times Price-based Net Asset Value 2 n/a n/a n/a n/a Derivatives Interest rate contrac ts Discounted cash flow Inflation rate swap curve 1 3 1 2 % Option model Funding ratio 60 75 60 75 % Foreign exchange contracts Option model Currency-specific volatility 4 33 4 18 % Equity contracts Option model Price correlation – 93 (16 ) 95 % Quanto correlation 10 15 10 68 % Dividend yield – 7 – 10 % Equity volatility 27 240 8 117 % Market comparable New issue price n/a n/a 100 100 % Commodity contracts Option model Quanto correlation (67 ) (47 ) (66 ) (46 ) % Swaption correlation n/a n/a 73 85 % Trading deposits Option model Price correlation – 93 (16 ) 98 % Quanto correlation n/a n/a (35 ) 68 % Dividend yield – 2 – 11 % Equity volatility 22 114 7 284 % Swaption model Currency-specific volatility 35 484 21 462 % Financial liabilities designated at fair value through profit or loss Option model Funding ratio 3 89 1 70 % Obligations related to securities sold short Market comparable Bond Price Equivalent 100 100 n/a n/a points New issue price New issue price 100 100 n/a n/a % 1 As at October 31, 2021, common shares exclude the fair value of Federal Reserve stock and Federal Home Loan Bank (FHLB) stock of $1.5 billion (October 31, 2020 – $1.5 billion) which are redeemable by the issuer at cost which approximates fair value. These securities cannot be traded in the market, hence, these securities have not been subjected to the sensitivity analysis. 2 Net asset value information for private funds has not been disclosed due to the wide range in prices for these instruments.
Schedule of Sensitivity Analysis of Level 3 Financial Assets and Liabilities	Sensitivity Analysis of Level 3 Financial Assets and Liabilities (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Impact to net assets Impact to net assets Decrease in Increase in Decrease in Increase in FINANCIAL ASSETS Non-trading financial assets at fair value through profit or loss Securities $ 92 $ 38 $ 57 $ 27 Derivatives Equity contracts – – 18 27 Financial assets at fair value through other comprehensive income Equity securities 16 7 13 7 FINANCIAL LIABILITIES Trading deposits – – 33 72 Derivatives Interest rate contracts 12 10 12 10 Equity contracts 2 1 71 52 14 11 83 62 Financial liabilities designated at fair value through profit or loss 9 13 1 3 Total $ 131 $ 69 $ 205 $ 198
Summary of Aggregate Difference between Transaction Price and Valuation Technique	The following table summarizes the aggregate difference yet to be recognized in net income due to the difference between the transaction price and the amount determined using valuation techniques with significant non-observable inputs at initial recognition. (millions of Canadian dollars) For the years ended October 31 2021 2020 Balance as at beginning of year $ 36 $ 15 New transactions 47 87 Recognized in the Consolidated Statement of Income during the year (51 ) (66 ) Balance as at end of year $ 32 $ 36
At fair value [member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Schedule of Fair Value Hierarchy for Assets and Liabilities	The following tabl e Fair Value Hierarchy for Assets and Liabilities Measured at Fair Value on a Recurring Basis (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total FINANCIAL ASSETS AND COMMODITIES Trading loans, securities, and other 1 Government and government-related securities Canadian government debt Federal $ 294 $ 10,902 $ – $ 11,196 $ 351 $ 21,141 $ – $ 21,492 Provinces – 8,326 – 8,326 – 8,468 – 8,468 U.S. federal, state, municipal governments, and agencies debt – 13,241 – 13,241 – 22,809 16 22,825 Other OECD government-guaranteed debt – 7,785 – 7,785 – 4,563 – 4,563 Mortgage-backed securities – 1,500 – 1,500 – 1,690 – 1,690 Other debt securities Canadian issuers – 5,970 – 5,970 – 5,613 2 5,615 Other issuers – 12,389 6 12,395 – 13,352 1 13,353 Equity securities 59,933 158 33 60,124 43,840 39 – 43,879 Trading loans – 12,405 – 12,405 – 12,959 – 12,959 Commodities 13,919 720 – 14,639 12,976 484 – 13,460 Retained interests – 9 – 9 – 14 – 14 74,146 73,405 39 147,590 57,167 91,132 19 148,318 Non-trading Securities 166 6,127 760 7,053 232 4,027 571 4,830 Loans – 2,334 3 2,337 – 3,715 3 3,718 166 8,461 763 9,390 232 7,742 574 8,548 Derivatives Interest rate contracts 12 10,277 1 10,290 22 17,937 – 17,959 Foreign exchange contracts 26 35,786 7 35,819 13 29,605 2 29,620 Credit contracts – 57 – 57 – 19 – 19 Equity contracts 3 5,359 – 5,362 5 3,855 370 4,230 Commodity contracts 365 2,495 39 2,899 383 2,022 9 2,414 406 53,974 47 54,427 423 53,438 381 54,242 Financial assets designated at fair value through profit or loss Securities 1 – 4,564 – 4,564 – 4,739 – 4,739 – 4,564 – 4,564 – 4,739 – 4,739 Financial assets at fair value through other comprehensive income Government and government-related securities Canadian government debt Federal – 12,519 – 12,519 – 14,126 – 14,126 Provinces – 18,143 – 18,143 – 16,502 – 16,502 U.S. federal, state, municipal governments, and agencies debt – 19,300 – 19,300 – 33,034 – 33,034 Other OECD government-guaranteed debt – 6,564 – 6,564 – 10,756 – 10,756 Mortgage-backed securities – 1,254 – 1,254 – 3,865 – 3,865 Other debt securities Asset-backed securities – 6,981 – 6,981 – 10,006 – 10,006 Corporate and other debt – 8,040 64 8,104 – 9,875 20 9,895 Equity securities 2,989 1 1,609 4,599 1,005 15 1,579 2,599 Loans – 1,602 – 1,602 – 2,502 – 2,502 2,989 74,404 1,673 79,066 1,005 100,681 1,599 103,285 Securities purchased under reverse repurchase agreements – 7,992 – 7,992 – 7,395 – 7,395 FINANCIAL LIABILITIES Trading deposits – 22,750 141 22,891 – 14,528 4,649 19,177 Derivatives Interest rate contracts 14 11,580 89 11,683 14 19,022 96 19,132 Foreign exchange contracts 28 35,146 – 35,174 14 27,300 – 27,314 Credit contracts – 347 – 347 – 327 – 327 Equity contracts – 7,932 82 8,014 – 3,360 1,077 4,437 Commodity contracts 300 1,596 8 1,904 355 1,611 27 1,993 342 56,601 179 57,122 383 51,620 1,200 53,203 Securitization liabilities at fair value – 13,505 – 13,505 – 13,718 – 13,718 Financial liabilities designated at fair value through profit or loss – 113,912 76 113,988 – 59,641 24 59,665 Obligations related to securities sold short 1 2,015 40,360 9 42,384 1,039 33,960 – 34,999 Obligations related to securities sold under repurchase agreements – 5,126 – 5,126 – 3,675 – 3,675 1 Balances reflect the reduction of securities owned (long positions) by the amount of identical securities sold but not yet purchased (short positions).
Not measured at fair value in statement of financial position but for which fair value is disclosed [member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [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 financial assets and liabilities not carried at fair value as at October 31, 2021 and October 31, 2020, but for which fair value is disclosed. Fair Value Hierarchy for Assets and Liabilities not carried at Fair Value 1 (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total ASSETS Debt securities at amortized cost, net of allowance for credit losses Government and government-related securities $ 20 $ 207,897 $ 10 $ 207,927 $ 919 $ 174,571 $ 10 $ 175,500 Other debt securities – 60,524 1 60,525 – 53,371 2 53,373 Total debt securities at amortized cost, net of allowance for credit losses 20 268,421 11 268,452 919 227,942 12 228,873 Total loans, net of allowance for loan losses – 251,034 474,143 725,177 – 236,287 490,910 727,197 Total assets with fair value disclosures $ 20 $ 519,455 $ 474,154 $ 993,629 $ 919 $ 464,229 $ 490,922 $ 956,070 LIABILITIES Deposits $ – $ 1,124,762 $ – $ 1,124,762 $ – $ 1,137,624 $ – $ 1,137,624 Securitization liabilities at amortized cost – 15,202 – 15,202 – 16,143 – 16,143 Subordinated notes and debentures – 11,838 – 11,838 – 12,374 – 12,374 Total liabilities with fair value disclosures $ – $ 1,151,802 $ – $ 1,151,802 $ – $ 1,166,141 $ – $ 1,166,141 1 This table excludes financial assets and liabilities where the carrying amount is a reasonable approximation of fair value.

Offsetting Financial Assets a_2

Offsetting Financial Assets and Financial Liabilities (Tables)	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Summary of Offsetting Financial Assets and Financial Liabilities	The following table provides a summary of the financial assets and liabilities which are subject to enforceable master netting agreements and similar arrangements, including amounts not otherwise set off on the Consolidated Balance Sheet, as well as financial collateral received to mitigate credit exposures for these financial assets and liabilities. The gross financial assets and liabilities are reconciled to the net amounts presented within the associated line on the Consolidated Balance Sheet, after giving effect to transactions with the same counterparties that have been offset on the Consolidated Balance Sheet. Related amounts and collateral received that are not offset on the Consolidated Balance Sheet, but are otherwise subject to the same enforceable netting agreements and similar arrangements, are then presented to arrive at a net amount. Offsetting Financial Assets and Financial Liabilities (millions of Canadian dollars) As at October 31, 2021 Amounts subject to an enforceable 1,2 Gross amounts Gross amounts Net amount Amounts subject to an enforceable agreement Collateral Net Amount Financial Assets Derivatives $ 60,692 $ 6,265 $ 54,427 $ 34,239 $ 9,774 $ 10,414 Securities purchased under 191,818 24,534 167,284 10,130 156,505 649 Total 252,510 30,799 221,711 44,369 166,279 11,063 Financial Liabilities Derivatives 63,387 6,265 57,122 34,239 21,660 1,223 Obligations related to securities sold 168,631 24,534 144,097 10,130 133,626 341 Total $ 232,018 $ 30,799 $ 201,219 $ 44,369 $ 155,286 $ 1,564 October 31, 2020 Financial Assets Derivatives $ 55,732 $ 1,490 $ 54,242 $ 34,970 $ 8,914 $ 10,358 Securities purchased under 198,273 29,111 169,162 38,335 129,682 1,145 Total 254,005 30,601 223,404 73,305 138,596 11,503 Financial Liabilities Derivatives 54,693 1,490 53,203 34,970 16,998 1,235 Obligations related to securities sold 217,987 29,111 188,876 38,335 149,882 659 Total $ 272,680 $ 30,601 $ 242,079 $ 73,305 $ 166,880 $ 1,894 1 Excess collateral as a result of overcollateralization has not been reflected in the table. 2 Includes amounts where the contractual set-off rights are subject to uncertainty under the laws of the relevant jurisdiction.

Securities (Tables)

Securities (Tables)	12 Months Ended
	Oct. 31, 2021
Disclosure of detailed information about financial instruments [abstract]
Securities Maturity Schedule	The remaining terms to contractual maturities of the securities held by the Bank are shown on the following table. Securities Maturity Schedule (millions of Canadian dollars) As at October 31 October 31 Remaining terms to maturities 1 Within Over 1 Over 3 Over 5 Over 10 With no Total Total Trading securities Government and government-related securities Canadian government debt Federal $ 3,219 $ 5,402 $ 514 $ 1,725 $ 336 $ – $ 11,196 $ 21,492 Provinces 1,542 1,710 959 1,396 2,719 – 8,326 8,468 U.S. federal, state, municipal governments, and agencies debt 1,206 3,742 1,072 1,319 5,902 – 13,241 22,825 Other OECD government-guaranteed debt 4,200 858 890 1,227 610 – 7,785 4,563 Mortgage-backed securities Residential 236 554 556 – – – 1,346 1,527 Commercial – 57 36 61 – – 154 163 10,403 12,323 4,027 5,728 9,567 – 42,048 59,038 Other debt securities Canadian issuers 698 1,597 1,312 1,510 853 – 5,970 5,615 Other issuers 3,724 4,039 2,554 1,762 316 – 12,395 13,353 4,422 5,636 3,866 3,272 1,169 – 18,365 18,968 Equity securities Common shares – – – – – 60,074 60,074 43,842 Preferred shares – – – – – 50 50 37 – – – – – 60,124 60,124 43,879 Retained interests – 4 2 3 – – 9 14 Total trading securities $ 14,825 $ 17,963 $ 7,895 $ 9,003 $ 10,736 $ 60,124 $ 120,546 $ 121,899 Non-trading financial assets at fair value through profit or loss Government and government-related securities U.S. federal, state, municipal governments, and agencies debt $ – $ – $ – $ – $ 155 $ – $ 155 $ 388 – – – – 155 – 155 388 Other debt securities Canadian issuers – 67 211 1 – 359 638 652 Asset-backed securities 131 3,555 699 1,056 174 – 5,615 3,292 Other issuers – – – – – 67 67 170 131 3,622 910 1,057 174 426 6,320 4,114 Equity securities Common shares – – – – – 561 561 293 Preferred shares – – – – – 17 17 35 – – – – – 578 578 328 Total non-trading financial assets at fair value through profit or loss $ 131 $ 3,622 $ 910 $ 1,057 $ 329 $ 1,004 $ 7,053 $ 4,830 Financial assets designated at fair value through profit or loss Government and government-related securities Canadian government debt Federal $ 247 $ – $ – $ – $ – $ – $ 247 $ 1,129 Provinces 322 45 8 1,049 101 – 1,525 545 U.S. federal, state, municipal governments, and agencies debt – – 22 – – – 22 11 Other OECD government-guaranteed debt 338 29 – – – – 367 384 907 74 30 1,049 101 – 2,161 2,069 Other debt securities Canadian issuers 262 852 734 460 10 – 2,318 2,180 Other issuers 25 20 16 24 – – 85 490 287 872 750 484 10 – 2,403 2,670 Total financial assets designated at fair value through profit or loss $ 1,194 $ 946 $ 780 $ 1,533 $ 111 $ – $ 4,564 $ 4,739 1 Represents contractual maturities. Actual maturities may differ due to prepayment privileges in the applicable contract. Securities Maturity Schedule (millions of Canadian dollars) As at October 31 October 31 Remaining terms to maturities 1 Within Over 1 Over 3 Over 5 Over 10 With no Total Total Securities at fair value through other comprehensive income Government and government-related securities Canadian government debt Federal $ 2,596 $ 2,005 $ 4,811 $ 2,684 $ 423 $ – $ 12,519 $ 14,126 Provinces 1,120 2,596 3,635 9,940 852 – 18,143 16,502 U.S. federal, state, municipal governments, and agencies debt 10,495 2,696 2,625 13 3,471 – 19,300 33,034 Other OECD government-guaranteed debt 5,302 286 784 192 – – 6,564 10,756 Mortgage-backed securities 1,161 93 – – – – 1,254 3,865 20,674 7,676 11,855 12,829 4,746 – 57,780 78,283 Other debt securities Asset-backed securities 1,682 538 1,432 684 2,645 – 6,981 10,006 Corporate and other debt 1,825 2,386 2,146 1,723 24 – 8,104 9,895 3,507 2,924 3,578 2,407 2,669 – 15,085 19,901 Equity securities Common shares – – – – – 4,117 4,117 2,387 Preferred shares – – – – – 482 482 212 – – – – – 4,599 4,599 2,599 Total securities at fair value through other comprehensive income $ 24,181 $ 10,600 $ 15,433 $ 15,236 $ 7,415 $ 4,599 $ 77,464 $ 100,783 Debt securities at amortized cost, net of allowance for credit losses Government and government-related securities Canadian government debt Federal $ 13,060 $ 1,079 $ 5,392 $ 1,288 $ 1,774 $ – $ 22,593 $ 17,981 Provinces 65 923 2,492 7,428 22 – 10,930 5,627 U.S. federal, state, municipal governments, and agencies debt 1,586 30,807 18,452 47,166 37,292 – 135,303 113,845 Other OECD government - 7,483 15,754 13,123 3,373 – – 39,733 37,140 22,194 48,563 39,459 59,255 39,088 – 208,559 174,593 Other debt securities Asset-backed securities 654 4,989 8,204 6,512 12,813 – 33,172 27,197 Non-agency collateralized mortgage obligation – – – – 16,214 – 16,214 16,992 Canadian issuers – 88 1,110 931 4 – 2,133 887 Other issuers 1,938 2,993 1,867 2,063 – – 8,861 8,010 2,592 8,070 11,181 9,506 29,031 – 60,380 53,086 Total debt securities at amortized cost, net of 24,786 56,633 50,640 68,761 68,119 – 268,939 227,679 Total securities $ 65,117 $ 89,764 $ 75,658 $ 95,590 $ 86,710 $ 65,727 $ 478,566 $ 459,930 1 Represents contractual maturities. Actual maturities may differ due to prepayment privileges in the applicable contract.
Summary of Unrealized Gains and Losses	The following table summarizes the unrealized gains and losses as at October 31, 2021 and October 31, 2020. Unrealized Securities Gains (Losses) for Securities at Fair Value Through Other Comprehensive Income (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Cost/ 1 Gross Gross (losses ) Fair value Cost/ 1 Gross Gross (losses ) Fair value Government and government-related S Canadian government debt Federal $ 12,428 $ 98 $ (7 ) $ 12,519 $ 13,967 $ 160 $ (1 ) $ 14,126 Provinces 17,935 218 (10 ) 18,143 16,342 181 (21 ) 16,502 U.S. federal, state, municipal governments, and 19,232 83 (15 ) 19,300 32,875 192 (33 ) 33,034 Other OECD - 6,551 13 – 6,564 10,720 39 (3 ) 10,756 Mortgage-backed securities 1,251 3 – 1,254 3,855 11 (1 ) 3,865 57,397 415 (32 ) 57,780 77,759 583 (59 ) 78,283 Other debt securities Asset-backed securities 6,957 30 (6 ) 6,981 10,051 26 (71 ) 10,006 Corporate and other debt 8,054 68 (18 ) 8,104 9,853 79 (37 ) 9,895 15,011 98 (24 ) 15,085 19,904 105 (108 ) 19,901 Total debt securities 72,408 513 (56 ) 72,865 97,663 688 (167 ) 98,184 Equity securities Common shares 3,887 310 (80 ) 4,117 2,641 26 (280 ) 2,387 Preferred shares 470 43 (31 ) 482 303 – (91 ) 212 4,357 353 (111 ) 4,599 2,944 26 (371 ) 2,599 Total securities at fair value through other $ 76,765 $ 866 $ (167 ) $ 77,464 $ 100,607 $ 714 $ (538 ) $ 100,783 1 Includes the foreign exchange translation of amortized cost balances at the period-end spot rate.
Summary of Equity Securities Designated at Fair Value Through Other Comprehensive Income	Equity Securities Designated at Fair Value Through Other Comprehensive Income (millions of Canadian dollars) As at For the years ended October 31, 2021 October 31, 2020 October 31, 2021 October 31, 2020 Fair value Dividend income recognized Common shares $ 4,117 $ 2,387 $ 143 $ 93 Preferred shares 482 212 18 14 Total $ 4,599 $ 2,599 $ 161 $ 107
Summary of Securities Net Realized Gains (Losses)	The Bank disposed of certain debt securities measured at amortized cost and FVOCI during the year. The following table summarizes the net realized gains and losses on securities sold for the years ended October 31, 2021 and October 31, 2020. Debt Securities Net Realized Gains (Losses) (millions of Canadian dollars) For the years ended October 31 October 31 Debt securities at amortized cost $ (61 ) $ 13 Debt securities at fair value through other comprehensive income 75 27 Total $ 14 $ 40
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. Refer to the “Allowance for Credit Losses” table in Note 8 for details regarding the allowance and provision for credit losses on debt securities. Debt Securities by Risk Ratings (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Debt securities Investment grade $ 339,426 $ – $ n/a $ 339,426 $ 322,842 $ – $ n/a $ 322,842 Non-Investment grade 2,235 83 n/a 2,318 2,762 244 n/a 3,006 Watch and classified n/a 62 n/a 62 n/a 17 n/a 17 Default n/a n/a – – n/a n/a – – Total debt securities 341,661 145 – 341,806 325,604 261 – 325,865 Allowance for credit losses on debt securities at amortized cost 2 – – 2 2 – – 2 Total debt securities, net of allowance 341,659 145 – 341,804 325,602 261 – 325,863

Goodwill and Other Intangibles

Goodwill and Other Intangibles (Tables)	12 Months Ended
	Oct. 31, 2021
Intangible assets and goodwill [abstract]
Summary of Goodwill by Segment	Goodwill by Segment (millions of Canadian dollars) Canadian U.S. Retail 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) 40 – 116 156 Foreign currency translation adjustments and other (62 ) (1,008 ) (2 ) (1,072 ) Carrying amount of goodwill as at October 31, 2021 2 $ 2,824 $ 13,134 $ 274 $ 16,232 Pre-tax discount rates 2020 9.7–11.0 % 9.2–11.8 % 12.7 % 2021 9.6–11.0 9.4–10.0 13.3 1 Goodwill predominantly relates to U.S. personal and commercial banking. 2 Accumulated impairment as at October 31, 2021 and October 31, 2020 was nil.
Summary of Other Intangibles	The following table presents details of other intangibles as at October 31, 2021 and October 31, 2020. Other Intangibles (millions of Canadian dollars) Core deposit Credit card Internally Other Other Total Cost As at November 1, 2019 $ 2,576 $ 842 $ 2,927 $ 295 $ 743 $ 7,383 Additions – – 327 44 41 412 Disposals – – (55 ) (25 ) – (80 ) Fully amortized intangibles – – (391 ) (37 ) – (428 ) Foreign currency translation adjustments and other 30 2 26 1 6 65 As at October 31, 2020 $ 2,606 $ 844 $ 2,834 $ 278 $ 790 $ 7,352 Additions – – 401 58 310 769 Disposals – – (275 ) (5 ) – (280 ) Fully amortized intangibles – – (251 ) (75 ) – (326 ) Foreign currency translation adjustments and other (186 ) (10 ) (84 ) (11 ) (41 ) (332 ) As at October 31, 2021 $ 2,420 $ 834 $ 2,625 $ 245 $ 1,059 $ 7,183 Amortization and impairment As at November 1, 2019 $ 2,481 $ 628 $ 1,167 $ 191 $ 413 $ 4,880 Disposals – – (32 ) (25 ) – (57 ) Impairment losses (reversals) – – 4 – 13 17 Amortization charge for the year 54 60 528 73 66 781 Fully amortized intangibles – – (391 ) (37 ) – (428 ) Foreign currency translation adjustments and other 28 2 (1 ) 2 3 34 As at October 31, 2020 $ 2,563 $ 690 $ 1,275 $ 204 $ 495 $ 5,227 Disposals – – (272 ) (5 ) – (277 ) Impairment losses (reversals) – – – – (4 ) (4 ) Amortization charge for the year 29 61 487 53 76 706 Fully amortized intangibles – – (251 ) (75 ) – (326 ) Foreign currency translation adjustments and other (184 ) (11 ) (32 ) (12 ) (27 ) (266 ) As at October 31, 2021 $ 2,408 $ 740 $ 1,207 $ 165 $ 540 $ 5,060 Net Book Value: As at October 31, 2020 $ 43 $ 154 $ 1,559 $ 74 $ 295 $ 2,125 As at October 31, 2021 12 94 1,418 80 519 2,123

Land, Buildings, Equipment, a_2

Land, Buildings, Equipment, and Other Depreciable Assets (Tables)	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Summary of Land, Buildings, Equipment, and Other Depreciable Assets	The following table presents details of the Bank’s land, buildings, equipment, and other depreciable assets as at October 31, 2021 and October 31, 2020. Land, Buildings, Equipment, and Other Depreciable Assets 1 (millions of Canadian dollars) Land Buildings Computer Furniture, Leasehold Total Cost As at November 1, 2019 $ 987 $ 2,510 $ 732 $ 1,351 $ 3,062 $ 8,642 Additions 1 152 233 149 380 915 Disposals (1 ) (16 ) (76 ) (74 ) (71 ) (238 ) Fully depreciated assets – (44 ) (90 ) (20 ) (69 ) (223 ) Foreign currency translation adjustments and other (19 ) (107 ) 4 (10 ) 8 (124 ) As at October 31, 2020 968 2,495 803 1,396 3,310 8,972 Additions 2 144 179 131 235 691 Disposals (1 ) (87 ) (31 ) (67 ) (137 ) (323 ) Fully depreciated assets – (27 ) (126 ) (68 ) (108 ) (329 ) Foreign currency translation adjustments and other 2 (93 ) (171 ) (7 ) (50 ) (143 ) (464 ) As at October 31, 2021 $ 876 $ 2,354 $ 818 $ 1,342 $ 3,157 $ 8,547 Accumulated depreciation and impairment losses As at November 1, 2019 $ – $ 939 $ 355 $ 648 $ 1,502 $ 3,444 Depreciation charge for the year – 179 172 156 170 677 Disposals – (28 ) (48 ) (62 ) (42 ) (180 ) Impairment losses – 53 3 – – 56 Fully depreciated assets – (44 ) (90 ) (20 ) (69 ) (223 ) Foreign currency translation adjustments and other – (123 ) (18 ) (3 ) 25 (119 ) As at October 31, 2020 – 976 374 719 1,586 3,655 Depreciation charge for the year – 103 157 153 256 669 Disposals – (84 ) (28 ) (66 ) (135 ) (313 ) Impairment losses – 54 – – – 54 Fully depreciated assets – (27 ) (126 ) (68 ) (108 ) (329 ) Foreign currency translation adjustments and other 2 – (115 ) (2 ) (17 ) (66 ) (200 ) As at October 31, 2021 $ – $ 907 $ 375 $ 721 $ 1,533 $ 3,536 Net Book Value Excluding Right-of-Use Assets: As at October 31, 2020 $ 968 $ 1,519 $ 429 $ 677 $ 1,724 $ 5,317 As at October 31, 2021 876 1,447 443 621 1,624 5,011 1 Certain comparative amounts have been reclassified to conform with the presentation adopted in the current year. 2 Includes adjustments to reclassify premises related non-current assets held-for-sale to other assets. Total Land, Buildings, Equipment, and Other Depreciable Assets Net Book Value (millions of Canadian dollars) Land Buildings Computer Furniture, Leasehold Total As at October 31, 2020 $ 1,924 $ 5,340 $ 471 $ 677 $ 1,724 $ 10,136 As at October 31, 2021 1,656 4,783 497 621 1,624 9,181 1 Certain comparative amounts have been reclassified to conform with the presentation adopted in the current year.
Summary of Right of Use Assets	The following table presents details of the Bank’s ROU assets as recorded in accordance with IFRS 16. Refer to Note 18: Other Liabilities, and Note 27: Provisions, Contingent Liabilities, Commitments, Guarantees, Pledged Assets and Collateral for the related lease liabilities details. Right-of-Use Assets Net Book Value (millions of Canadian dollars) Land Buildings Computer Total As at November 1, 2019 $ 1,027 $ 3,377 $ 59 $ 4,463 Additions 2 733 – 735 Depreciation (98 ) (476 ) (17 ) (591 ) Reassessments, modifications, and variable lease payment adjustments 14 186 – 200 Terminations and impairment (2 ) (18 ) – (20 ) Foreign currency translation adjustments and other 13 19 – 32 As at October 31, 2020 $ 956 $ 3,821 $ 42 $ 4,819 Additions – 119 52 171 Depreciation (87 ) (534 ) (16 ) (637 ) Reassessments, modifications, and variable lease payment adjustments 19 84 – 103 Terminations and impairment (38 ) (83 ) (24 ) (145 ) Foreign currency translation adjustments and other (70 ) (71 ) – (141 ) As at October 31, 2021 $ 780 $ 3,336 $ 54 $ 4,170

Loans, Impaired Loans, and Al_2

Loans, Impaired Loans, and Allowance for Credit Losses (Tables)	12 Months Ended
	Oct. 31, 2021
Disclosure of detailed information about financial instruments [abstract]
Summary of Banks Loans and Acceptances	(a) Loans and Acceptances (millions of Canadian dollars) As at October 31 2021 2020 Residential mortgages $ 268,340 $ 252,219 Consumer instalment and other personal 189,864 185,460 Credit card 30,738 32,334 Business and government 240,070 255,799 729,012 725,812 Customers’ liability under acceptances 18,448 14,941 Loans at FVOCI ( Note 5) 1,602 2,502 Total l a 749,062 743,255 Total allowance for loan losses 6,390 8,290 Total loans and acceptances, net of allowance 742,672 734,965
Summary of Credit Quality	Business and government loans (including loans at FVOCI) and customers’ liability under acceptances are grouped together as reflected below for presentation in the Loans and Acceptances by Risk Rating table. Loans and Acceptances – Business and Government (millions of Canadian dollars) As at October 31 2021 2020 Loans at amortized cost $ 240,070 $ 255,799 Customers’ liability under acceptances 18,448 14,941 Loans at FVOCI (Note 5) 1,602 2,502 L a 260,120 273,242 Allowance for loan and acceptances losses 2,751 3,415 Loans and acceptances, net of allowance 257,369 269,827
Summary of Gross Carrying Amounts of Loans and Credit Risk Exposures on Loan Commitments and Financial Guarantee Contracts by Internal Risk Ratings	The following tables provide the gross carrying amounts of loans, acceptances, and credit risk exposures on loan commitments and financial guarantee contracts by internal risk ratings for credit risk management purposes, presenting separately those that are subject to Stage 1, Stage 2, and Stage 3 allowances. Loans and Acceptances by Risk Ratings (millions of Canadian dollars) As at October 31, 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 $ 208,030 $ 4,113 $ n/a $ 212,143 $ 169,710 $ 3,125 $ n/a $ 172,835 Normal Risk 38,922 9,768 n/a 48,690 56,663 9,938 n/a 66,601 Medium Risk – 4,405 n/a 4,405 – 7,690 n/a 7,690 High Risk – 2,380 266 2,646 – 4,120 443 4,563 Default n/a n/a 456 456 n/a n/a 530 530 Total loans 246,952 20,666 722 268,340 226,373 24,873 973 252,219 Allowance for loan losses 35 175 51 261 32 205 65 302 Loans, net of allowance 246,917 20,491 671 268,079 226,341 24,668 908 251,917 Consumer instalment and other personal 4 Low Risk 94,425 1,397 n/a 95,822 77,178 1,199 n/a 78,377 Normal Risk 62,484 1,255 n/a 63,739 59,349 1,360 n/a 60,709 Medium Risk 18,201 3,917 n/a 22,118 28,094 3,631 n/a 31,725 High Risk 1,073 6,346 379 7,798 3,700 9,940 638 14,278 Default n/a n/a 387 387 n/a n/a 371 371 Total loans 176,183 12,915 766 189,864 168,321 16,130 1,009 185,460 Allowance for loan losses 520 914 139 1,573 567 1,265 187 2,019 Loans, net of allowance 175,663 12,001 627 188,291 167,754 14,865 822 183,441 Credit card Low Risk 5,467 7 n/a 5,474 3,916 49 n/a 3,965 Normal Risk 10,109 68 n/a 10,177 7,027 129 n/a 7,156 Medium Risk 8,909 1,158 n/a 10,067 10,431 804 n/a 11,235 High Risk 476 4,319 149 4,944 3,493 6,180 206 9,879 Default n/a n/a 76 76 n/a n/a 99 99 Total loans 24,961 5,552 225 30,738 24,867 7,162 305 32,334 Allowance for loan losses 671 996 138 1,805 624 1,726 204 2,554 Loans, net of allowance 24,290 4,556 87 28,933 24,243 5,436 101 29,780 Business and government 1,2,3,5 Investment grade or Low/Normal Risk 110,129 699 n/a 110,828 120,106 250 n/a 120,356 Non-Investment grade or Medium Risk 125,638 12,149 n/a 137,787 126,509 11,818 n/a 138,327 Watch and classified or High Risk 108 10,547 70 10,725 890 12,567 120 13,577 Default n/a n/a 780 780 n/a n/a 982 982 Total loans and acceptances 235,875 23,395 850 260,120 247,505 24,635 1,102 273,242 Allowance for loan and acceptances losses 1,037 1,407 307 2,751 1,321 1,706 388 3,415 Loans and acceptances, net of allowance 234,838 21,988 543 257,369 246,184 22,929 714 269,827 Total loans and acceptances 6 683,971 62,528 2,563 749,062 667,066 72,800 3,389 743,255 Total allowance for loan losses 6,7 2,263 3,492 635 6,390 2,544 4,902 844 8,290 Total loans and acceptances, net of allowance 6 $ 681,708 $ 59,036 $ 1,928 $ 742,672 $ 664,522 $ 67,898 $ 2,545 $ 734,965 1 As at October 31, 2021, impaired loans with a balance of $86 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 October 31, 2021, excludes trading loans and non-trading loans at FVTPL with a fair value of $12 billion (October 31, 2020 – $13 billion) and $2 billion (October 31, 2020 – $4 billion), respectively. 3 As at October 31, 2021, includes insured mortgages of $82 billion (October 31, 2020 – $86 billion). 4 As at October 31, 2021, includes Canadian government-insured real estate personal loans of $10 billion (October 31, 2020 – $12 billion). 5 As at October 31, 2021, includes loans guaranteed by government agencies of $26 billion (October 31, 2020 – $27 billion), which are primarily classified in Non-Investment grade or a lower risk rating based on the borrowers’ credit risk. 6 As at October 31, 2021, Stage 3 includes ACI loans of $152 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. 7 Includes allowance for loan losses related to loans that are measured at FVOCI of nil as at October 31, 2021 (October 31, 2020 – $1 m TD BANK GROUP • • Page 4 7 Loans and Acceptances by Risk Ratings (Continued) – Off-Balance Sheet Credit Instruments 1 (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Retail Exposures 2 Low Risk $ 222,348 $ 232 $ n/a $ 222,580 $ 200,226 $ 724 $ n/a $ 200,950 Normal Risk 80,529 501 n/a 81,030 78,448 1,124 n/a 79,572 Medium Risk 13,993 551 n/a 14,544 35,187 1,444 n/a 36,631 High Risk 890 1,004 – 1,894 2,004 3,025 – 5,029 Default n/a n/a – – n/a n/a – – Non-Retail Exposures 3 Investment grade 195,293 – n/a 195,293 194,182 – n/a 194,182 Non-Investment grade 80,076 5,329 n/a 85,405 76,280 6,553 n/a 82,833 Watch and classified 38 5,097 – 5,135 18 4,416 – 4,434 Default n/a n/a 86 86 n/a n/a 144 144 Total off-balance sheet credit instruments 593,167 12,714 86 605,967 586,345 17,286 144 603,775 Allowance for off-balance sheet credit instruments 386 467 3 856 381 672 34 1,087 Total off-balance sheet credit instruments, net of allowance $ 592,781 $ 12,247 $ 83 $ 605,111 $ 585,964 $ 16,614 $ 110 $ 602,688 1 Exclude mortgage commitments. 2 As at October 31, 2021, includes $318 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 October 31, 2021, includes $48 billion (October 31, 2020 – $43 billion) of the undrawn component of uncommitted credit and liquidity facilities.
Summary of Information Related to Bank's Impaired Loans	The following table presents information related to the Bank’s impaired loans as at October 31, 2021 and October 31, 2020. Impaired Loans 1 (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Unpaid 2 Carrying Related Average Unpaid 2 Carrying Related Average Residential mortgages $ 681 $ 630 $ 51 $ 717 $ 885 $ 825 $ 67 $ 781 Consumer instalment and other personal 799 746 139 850 1,068 988 186 1,067 Credit card 224 225 138 258 305 305 204 446 Business and government 912 810 301 968 1,134 1,039 377 1,137 Total $ 2,616 $ 2,411 $ 629 $ 2,793 $ 3,392 $ 3,157 $ 834 $ 3,431 1 Balances exclude ACI loans. 2 Represents contractual amount of principal owed.
Summary of Allowance for Credit Losses	The following table provides details on the Bank’s allowance for credit losses as at and for the years ended October 31, 2021 and October 31, 2020, including allowance for off-balance sheet instruments in the applicable categories. Allowance for Credit Losses (millions of Canadian dollars) Foreign exchange, disposals, and other adjustments Foreign exchange, disposals, and other adjustments Balance at beginning of year Provision for credit losses Write-offs, net of recoveries Balance at end of year Balance at beginning of year Provision for credit losses Write-offs, Balance at end of year For the years ended October 31 2021 2020 Residential mortgages $ 302 $ (26 ) $ (10 ) $ (5 ) $ 261 $ 110 $ 214 $ (25 ) $ 3 $ 302 Consumer instalment and other personal 2,112 135 (531 ) (67 ) 1,649 1,309 1,798 (983 ) (12 ) 2,112 Credit card 3,184 (14 ) (708 ) (148 ) 2,314 1,929 2,691 (1,414 ) (22 ) 3,184 Business and government 3,779 (320 ) (249 ) (188 ) 3,022 1,684 2,539 (378 ) (66 ) 3,779 Total allowance for loan losses, including off-balance sheet instruments 9,377 (225 ) (1,498 ) (408 ) 7,246 5,032 7,242 (2,800 ) (97 ) 9,377 Debt securities at amortized cost 2 – – – 2 1 – – 1 2 Debt securities at FVOCI 5 1 – 1 7 3 – – 2 5 Total allowance for credit losses on debt securities 7 1 – 1 9 4 – – 3 7 Total allowance for credit losses $ 9,384 $ (224 ) $ (1,498 ) $ (407 ) $ 7,255 $ 5,036 $ 7,242 $ (2,800 ) $ (94 ) $ 9,384 Comprising: Allowance for credit losses on loans at amortized cost $ 8,289 $ 6,390 $ 4,447 $ 8,289 Allowance for credit losses on loans at FVOCI 1 – – 1 Allowance for loan losses 8,290 6,390 4,447 8,290 Allowance for off-balance sheet instruments 1,087 856 585 1,087 Allowance for credit losses on debt securities 7 9 4 7
Summary of Allowance for Loan Losses	The following table provides details on the Bank’s allowance for loan losses by stage as at and for the years ended October 31, 2021 and October 31, 2020. Allowance for Loan Losses by Stage (millions of Canadian dollars) For the years ended October 31 2021 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 2 126 (123 ) (3 ) – 66 (65 ) (1 ) – Transfer to Stage 2 (38 ) 56 (18 ) – (33 ) 46 (13 ) – Transfer to Stage 3 – (14 ) 14 – – (14 ) 14 – Net remeasurement due to transfers into stage 3 (20 ) 12 – (8 ) (20 ) 29 – 9 New originations or purchases 4 21 n/a n/a 21 15 n/a n/a 15 Net repayments 5 (4 ) (4 ) – (8 ) – (1 ) – (1 ) Derecognition of financial assets (excluding disposals and write-offs) 6 (6 ) (35 ) (55 ) (96 ) (4 ) (11 ) (22 ) (37 ) Changes to risk, parameters, and models 7 (74 ) 83 56 65 (21 ) 196 53 228 Disposals – – – – – – – – Write-offs – – (16 ) (16 ) – – (26 ) (26 ) Recoveries – – 6 6 1 (1 ) 1 1 Foreign exchange and other adjustments (2 ) (5 ) 2 (5 ) – – 3 3 Balance at end of period $ 35 $ 175 $ 51 $ 261 $ 32 $ 205 $ 65 $ 302 Consumer Instalment and Other Personal Balance, including off-balance sheet instruments, at beginning of period $ 595 $ 1,330 $ 187 $ 2,112 $ 717 $ 417 $ 175 $ 1,309 Provision for credit losses Transfer to Stage 1 2 1,154 (1,143 ) (11 ) – 490 (473 ) (17 ) – Transfer to Stage 2 (145 ) 201 (56 ) – (438 ) 504 (66 ) – Transfer to Stage 3 (7 ) (195 ) 202 – (11 ) (147 ) 158 – Net remeasurement due to transfers into stage 3 (332 ) 157 8 (167 ) (216 ) 473 11 268 New originations or purchases 4 221 n/a n/a 221 327 n/a n/a 327 Net repayments 5 (96 ) (96 ) (14 ) (206 ) (92 ) (62 ) (11 ) (165 ) Derecognition of financial assets (excluding disposals and write-offs) 6 (93 ) (159 ) (41 ) (293 ) (95 ) (73 ) (31 ) (199 ) Changes to risk, parameters, and models 7 (727 ) 901 406 580 (83 ) 698 952 1,567 Disposals – – – – – – – – Write-offs – – (848 ) (848 ) – – (1,261 ) (1,261 ) Recoveries – – 317 317 – – 278 278 Foreign exchange and other adjustments (20 ) (36 ) (11 ) (67 ) (4 ) (7 ) (1 ) (12 ) Balance, including off-balance sheet instruments, at end of period 550 960 139 1,649 595 1,330 187 2,112 Less: Allowance for off-balance sheet instruments 8 30 46 – 76 28 65 – 93 Balance at end of period $ 520 $ 914 $ 139 $ 1,573 $ 567 $ 1,265 $ 187 $ 2,019 Credit Card 9 Balance, including off-balance sheet instruments, at beginning of period $ 799 $ 2,181 $ 204 $ 3,184 $ 934 $ 673 $ 322 $ 1,929 Provision for credit losses Transfer to Stage 1 2 1,509 (1,488 ) (21 ) – 1,000 (970 ) (30 ) – Transfer to Stage 2 (180 ) 232 (52 ) – (598 ) 673 (75 ) – Transfer to Stage 3 (8 ) (632 ) 640 – (19 ) (638 ) 657 – Net remeasurement due to transfers into stage 3 (478 ) 277 10 (191 ) (356 ) 830 22 496 New originations or purchases 4 122 n/a n/a 122 174 n/a n/a 174 Net repayments 5 (98 ) (20 ) 20 (98 ) (35 ) (7 ) 35 (7 ) Derecognition of financial assets (excluding disposals and write-offs) 6 (50 ) (131 ) (219 ) (400 ) (145 ) (174 ) (378 ) (697 ) Changes to risk, parameters, and models 7 (696 ) 973 276 553 (152 ) 1,814 1,063 2,725 Disposals – – – – – – – – Write-offs – – (1,011 ) (1,011 ) – – (1,720 ) (1,720 ) Recoveries – – 303 303 – – 306 306 Foreign exchange and other adjustments (42 ) (94 ) (12 ) (148 ) (4 ) (20 ) 2 (22 ) Balance, including off-balance sheet instruments, at end of period 878 1,298 138 2,314 799 2,181 204 3,184 Less: Allowance for off-balance sheet instruments 8 207 302 – 509 175 455 – 630 Balance at end of period $ 671 $ 996 $ 138 $ 1,805 $ 624 $ 1,726 $ 204 $ 2,554 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 r e 5 Represents the changes in the allowance related to cash flow changes associated with new draws or repayments on loans outstanding. 6 Represents the decrease in the allowance resulting from loans that were fully repaid and excludes the decrease associated with loans that were disposed or fully written off. 7 Represents the changes in the allowance related to current period changes in risk (e.g. PD) caused by changes to macroeconomic factors, level of risk, parameters, and/or models, subsequent to stage migration. Refer to the “Measurement of Expected Credit Losses”, “Forward Looking Information” and “Expert Credit Judgment” sections of Note 2, Summary of Significant Accounting Policies Significant Accounting Judgments, Estimates and Assumptions 8 The allowance for loan losses for off-balance sheet instruments is recorded in Other liabilities on the Consolidated Balance Sheet. 9 Credit cards are considered impaired and migrate to Stage 3 when they are 90 days past due and written off at 180 days past due. Refer to Note 2 for further details. Allowance for Loan Losses by Stage (millions of Canadian dollars) For the years ended October 31 2021 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 sheet instruments, as beginning of period $ 1,499 $ 1,858 $ 422 $ 3,779 $ 736 $ 740 $ 208 $ 1,684 Provision for credit losses Transfer to Stage 1 3 476 (471 ) (5 ) – 255 (248 ) (7 ) – Transfer to Stage 2 (497 ) 508 (11 ) – (459 ) 482 (23 ) – Transfer to Stage 3 (5 ) (103 ) 108 – (14 ) (131 ) 145 – Net remeasurement due to transfers into stage 3 (117 ) 122 (2 ) 3 (94 ) 256 (4 ) 158 New originations or purchases 3 1,123 n/a n/a 1,123 871 n/a n/a 871 Net repayments 3 (24 ) (122 ) (92 ) (238 ) (52 ) (68 ) (54 ) (174 ) Derecognition of financial assets (excluding disposals and write-offs) 3 (813 ) (758 ) (358 ) (1,929 ) (459 ) (503 ) (242 ) (1,204 ) Changes to risk, parameters, and models 3 (384 ) 578 527 721 727 1,334 827 2,888 Disposals – – (4 ) (4 ) – – (22 ) (22 ) Write-offs – – (298 ) (298 ) – – (430 ) (430 ) Recoveries – – 49 49 – – 52 52 Foreign exchange and other adjustments (72 ) (86 ) (26 ) (184 ) (12 ) (4 ) (28 ) (44 ) Balance, including off-balance sheet instruments, at end of period 1,186 1,526 310 3,022 1,499 1,858 422 3,779 Less: Allowance for off-balance sheet instruments 4 149 119 3 271 178 152 34 364 Balance at end of period 1,037 1,407 307 2,751 1,321 1,706 388 3,415 Total Allowance, including off-balance sheet instruments, at end of period 2,649 3,959 638 7,246 2,925 5,574 878 9,377 Less: Total Allowance for off-balance sheet instruments 386 467 3 856 381 672 34 1,087 Total Allowance for Loan Losses at end of period $ 2,263 $ 3,492 $ 635 $ 6,390 $ 2,544 $ 4,902 $ 844 $ 8,290 1 Includes allowance for loan losses related to ACI loans. 2 Includes the allowance for loan losses related to customers’ liability under acceptances. 3 For explanations regarding this line item, refer to the “Allowance for Loan Losses” table on the previous page in this Note. 4 The allowance for loan losses for off-balance sheet instruments is recorded in Other liabilities on the Consolidated Balance Sheet.
Summary of Macroeconomic Variables impacted in Determining ECLs	Macroeconomic Variables As at October 31, 2021 Base Forecast Upside Scenario Downside Scenario Average 1 Remaining 1 Average 1 Remaining 1 Average 1 Remaining 1 Unemployment rate Canada 6.3 % 5.7 % 6.3 % 5.4 % 8.0 % 7.3 % United States 4.3 3.5 4.3 3.2 5.7 4.8 Real GDP Canada 4.0 2.1 5.1 2.1 (0.1 ) 2.5 United States 4.5 2.1 5.6 2.0 1.3 2.4 Home prices Canada (average existing price) 2 4.7 1.0 6.4 2.0 1.0 (0.4 ) United States (CoreLogic HPI) 3 10.6 3.1 13.5 3.2 7.4 1.9 Central bank policy interest rate Canada 0.25 1.52 0.44 1.84 0.25 0.86 United States 0.25 1.67 0.44 2.02 0.25 1.02 U.S. 10-year treasury yield 1.93 2.24 2.14 2.33 1.33 2.06 U.S. 10-year BBB spread (%-pts) 1.45 1.79 1.39 1.71 1.73 1.79 Exchange rate (U.S. dollar/Canadian dollar) $ 0.78 $ 0.79 $ 0.79 $ 0.80 $ 0.76 $ 0.77 October 31, 2020 Base Forecast Upside Scenario Downside Scenario Average Q4 2020- Q3 2021 1 Remaining 4-year 1 Average Q4 2020- Q3 2021 1 Remaining 4-year 1 Average Q4 2020- Q3 2021 1 Remaining 4-year 1 Unemployment rate Canada 8.4 % 6.1 % 7.8 % 5.7 % 10.2 % 6.2 % United States 7.8 4.8 7.1 4.1 9.4 5.1 Real GDP Canada 2.4 2.2 3.2 2.8 (0.7 ) 2.9 United States 1.8 2.4 2.3 3.0 (1.5 ) 3.1 Home prices Canada (average existing price) 2 6.0 1.1 7.4 3.1 (3.5 ) 3.5 United States (CoreLogic HPI) 3 2.9 2.9 3.4 4.1 (2.4 ) 4.1 Central bank policy interest rate Canada 0.25 0.50 0.25 0.64 0.25 0.39 United States 0.25 0.50 0.25 0.72 0.25 0.39 U.S. 10-year treasury yield 0.96 1.82 1.39 2.78 0.69 1.71 U.S. 10-year BBB spread (%-pts) 1.87 1.80 1.77 1.53 2.14 1.81 Exchange rate (U.S. dollar/Canadian dollar) $ 0.78 $ 0.77 $ 0.78 $ 0.81 $ 0.76 $ 0.77 1 The numbers represent average values for the quoted periods, and average of year-on-year growth for real GDP and home prices. 2 The average home price is the average transacted sale price of homes sold via the Multiple Listing Service; data is collected by the Canadian Real Estate Association. 3 The CoreLogic home price index (HPI) is a repeat-sales index which tracks increases and decreases in the same home’s sales price over time.
Schedule of Change from Base to Probability-Weighted ECL	The following table presents the base ECL scenario compared to the probability-weighted ECLs, with the latter derived from three ECL scenarios for performing loans and off-balance sheet instruments. The difference reflects the impact of deriving multiple scenarios around the base ECLs and resultant change in ECLs due to non-linearity and sensitivity to using macroeconomic forecasts. Change from Base to Probability-Weighted ECLs (millions of Canadian dollars, except as noted) As at October 31, 2021 October 31, 2020 Probability-weighted ECLs $ 6,608 $ 8,500 Base ECLs 6,412 8,157 Difference – in amount $ 196 $ 343 Difference – in percentage 3.0 % 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 sheet instruments calculated using twelve-month Incremental Lifetime ECLs Impact (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Probability-weighted ECLs $ 6,608 $ 8,500 All performing loans and off-balance sheet instruments using 12-month ECLs 4,903 6,482 Incremental lifetime ECLs impact $ 1,705 $ 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 (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 31-60 days 61-89 days Total 31-60 days 61-89 days Total Residential mortgages $ 229 $ 62 $ 291 $ 221 $ 64 $ 285 Consumer instalment and other personal 512 156 668 590 200 790 Credit card 186 113 299 218 149 367 Business and government 785 139 924 723 329 1,052 Total $ 1,712 $ 470 $ 2,182 $ 1,752 $ 742 $ 2,494 1 Includes loans that are measured at FVOCI. 2 Loans deferred under a Bank-led COVID-19 relief program were not considered past due. Where such loans were already past due, they were not aged further during the deferral period. Aging for deferred loans commences subsequent to the deferral period.

Transfers Of Financial Assets (

Transfers Of Financial Assets (Tables)	12 Months Ended
	Oct. 31, 2021
Securitization Programs [Member]
Statement [Line Items]
Summary of Carrying Amount and Fair Value of Transferred Financial Assets Not Qualifying for Derecognition	The following table summarizes the securitized asset types that did not qualify for derecognition, along with their associated securitization liabilities as at October 31, 2021 and October 31, 2020. Financial Assets Not Qualifying for Derecognition Treatment as Part of the Bank’s Securitization Programs (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Fair value Carrying Fair value Carrying Nature of transaction Securitization of residential mortgage loans $ 24,428 $ 24,367 $ 25,622 $ 25,271 Other financial assets transferred related to securitization 1 4,209 4,207 4,101 4,084 Total 28,637 28,574 29,723 29,355 Associated liabilities 2 $ 28,707 $ 28,767 $ 29,861 $ 29,486 1 Includes asset-backed securities, asset-backed commercial paper (ABCP), cash, repurchase agreements, and Government of Canada securities used to fulfil funding requirements of the Bank’s securitization structures after the initial securitization of mortgage loans. 2 Includes securitization liabilities carried at amortized cost of $15 billion as at October 31, 2021 (October 31, 2020 – $16 billion), and securitization liabilities carried at fair value of $14 billion as at October 31, 2021 (October 31, 2020 – $14 billion).
Other Financial Asset [Member]
Statement [Line Items]
Summary of Carrying Amount and Fair Value of Transferred Financial Assets Not Qualifying for Derecognition	The following table summarizes the carrying amount of financial assets and the associated transactions that did not qualify for derecognition, as well as their associated financial liabilities as at October 31, 2021 and October 31, 2020. Other Financial Assets Not Qualifying for Derecognition 1 (millions of Canadian dollars) As at October 31 2021 October 31 2020 Carrying amount of assets Nature of transaction Repurchase agreements 2,3 $ 20,849 $ 28,665 Securities lending agreements 44,234 38,934 Total 65,083 67,599 Carrying amount of associated liabilities 3 $ 20,871 $ 27,971 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current year. 2 Includes $2.0 billion, as at October 31, 2021 (October 31, 2020 – $2.4 billion) of assets related to repurchase agreements or swaps that are collateralized by physical precious metals. 3 Associated liabilities are all related to repurchase agreements.

Structured Entities (Tables)

Structured Entities (Tables)	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Summary of Carrying Amount and Maximum Exposure to Unconsolidated Structured Entities	Carrying Amount and Maximum Exposure to Unconsolidated Structured Entities 1 (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Securitizations Investment Other Total Securitizations Investment Other Total FINANCIAL ASSETS Trading loans, securities, and other $ 10,060 $ 1,083 $ – $ 11,143 $ 7,810 $ 845 $ – $ 8,655 Non-trading financial assets at fair value through profit or loss 5,770 665 64 6,499 3,680 513 68 4,261 Derivatives 2 – 95 – 95 – 368 6 374 Financial assets designated at fair value through profit or loss – 6 – 6 – 23 – 23 Financial assets at fair value through other comprehensive income 23,446 2,247 3 25,696 30,278 2,395 7 32,680 Debt securities at amortized cost, net of allowance for credit losses 117,246 424 – 117,670 104,914 28 – 104,942 Loans 2,399 4 – 2,403 2,134 5 – 2,139 Other 4 – 3,021 3,025 8 – 3,098 3,106 Total assets 158,925 4,524 3,088 166,537 148,824 4,177 3,179 156,180 FINANCIAL LIABILITIES Derivatives 2 – 513 – 513 – 150 – 150 Obligations related to securities sold short 2,199 365 – 2,564 3,337 335 – 3,672 Total liabilities 2,199 878 – 3,077 3,337 485 – 3,822 Off-balance sheet exposure 3 13,372 5,962 1,299 20,633 16,431 5,105 1,289 22,825 Maximum exposure to loss from involvement with unconsolidated structured entities $ 170,098 $ 9,608 $ 4,387 $ 184,093 $ 161,918 $ 8,797 $ 4,468 $ 175,183 Size of sponsored unconsolidated structured entities 4 $ 10,266 $ 42,834 $ 450 $ 53,550 $ 10,862 $ 37,286 $ 1,200 $ 49,348 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current period. 2 Derivatives primarily subject to vanilla interest rate or foreign exchange risk are not included in these amounts as those derivatives are designed to align the structured entity’s cash flows with risks absorbed by investors and are not predominantly designed to expose the Bank to variable returns created by the entity. 3 For the purposes of this disclosure, off-balance sheet exposure represents the notional value of liquidity facilities, guarantees, or other off-balance sheet commitments without considering the effect of collateral or other credit enhancements. 4 The size of sponsored unconsolidated structured entities is provided based on the most appropriate measure of size for the type of entity: (1) The par value of notes issued by securitization conduits and similar liability issuers; (2) the total AUM of investment funds and trusts; and (3) the total fair value of partnership or equity shares in issue for partnerships and similar equity issuers.

Derivatives (Tables)

Derivatives (Tables)	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Summary of Fair Value of Derivatives	The Bank assesses and measures the hedge effectiveness based on the change in the fair value of the hedging instrument relative to the change in the cash flows of the hedged item attributable to movement in equity price, using the hypothetical derivative method. Fair Value of Derivatives (millions of Canadian dollars) October 31, 2021 October 31, 2020 Fair value as at Fair value as Positive Negative Positive Negative Derivatives held or issued for trading purposes Interest rate contracts Forward rate agreements $ 37 $ 68 $ 38 $ 71 Swaps 7,430 9,450 12,290 15,068 Options written – 698 – 1,321 Options purchased 774 – 1,322 – Total interest rate contracts 8,241 10,216 13,650 16,460 Foreign exchange contracts Forward contracts 9 1,849 818 1,361 Swaps 16,638 14,947 10,858 9,649 Cross-currency interest rate swaps 16,279 15,061 15,106 14,431 Options written – 238 – 286 Options purchased 172 – 256 – Total foreign exchange contracts 33,098 32,095 27,038 25,727 Credit derivative contracts Credit default swaps – protection purchased 1 207 3 165 Credit default swaps – protection sold 67 – 7 9 Total credit derivative contracts 68 207 10 174 Other contracts Equity contracts 3,752 6,223 3,649 3,328 Commodity contracts 2,891 1,904 2,414 1,993 Total other contracts 6,643 8,127 6,063 5,321 Fair value – trading 48,050 50,645 46,761 47,682 Derivatives held or issued for non-trading purposes Interest rate contracts Forward rate agreements 2 1 2 1 Swaps 2,000 1,465 4,299 2,671 Options written 1 1 – 2 Options purchased 38 – 9 – Total interest rate contracts 2,041 1,467 4,310 2,674 Foreign exchange contracts Forward contracts 1,475 267 608 187 Swaps 5 1 8 1 Cross-currency interest rate swaps 1,238 2,812 1,964 1,399 Total foreign exchange contracts 2,718 3,080 2,580 1,587 Credit derivative contracts Credit default swaps – protection purchased 2 138 9 153 Total credit derivative contracts 2 138 9 153 Other contracts Equity contracts 1,616 1,792 582 1,107 Total other contracts 1,616 1,792 582 1,107 Fair value – non-trading 6,377 6,477 7,481 5,521 Total fair value $ 54,427 $ 57,122 $ 54,242 $ 53,203
Summary of Fair Values of Non-Trading Derivative Instruments Categorized by Hedging Relationships	The following table distinguishes derivatives held or issued for non-trading purposes between those that have been designated in qualifying hedge accounting relationships and those which have not been designated in qualifying hedge accounting relationships as at October 31, 2021 and October 31, 2020. Fair Value of Non-Trading Derivatives 1 (millions of Canadian dollars) As at October 31, 2021 Derivative Assets Derivative Liabilities Derivatives in qualifying Derivatives hedging Derivatives in qualifying Derivatives hedging Fair Cash Net Total Fair Cash Net Total Derivatives held or issued for non-trading purposes Interest rate contracts $ 548 $ 148 $ – $ 1,345 $ 2,041 $ 346 $ 213 $ – $ 908 $ 1,467 Foreign exchange contracts – 2,631 – 87 2,718 – 2,887 – 193 3,080 Credit derivative contracts – – – 2 2 – – – 138 138 Other contracts – 927 – 689 1,616 – – – 1,792 1,792 Fair value – non-trading $ 548 $ 3,706 $ – $ 2,123 $ 6,377 $ 346 $ 3,100 $ – $ 3,031 $ 6,477 October 31, 2020 Derivatives held or issued for non-trading purposes Interest rate contracts $ 1,624 $ 1,061 $ – $ 1,625 $ 4,310 $ 884 $ 81 $ – $ 1,709 $ 2,674 Foreign exchange contracts – 2,503 – 77 2,580 – 1,546 – 41 1,587 Credit derivative contracts – – – 9 9 – – – 153 153 Other contracts – 200 – 382 582 – 142 – 965 1,107 Fair value – non-trading $ 1,624 $ 3,764 $ – $ 2,093 $ 7,481 $ 884 $ 1,769 $ – $ 2,868 $ 5,521 1 Certain derivative assets qualify to be offset with certain derivative liabilities on the Consolidated Balance Sheet. Refer to Note 6 for further details.
Summary of Effect of Fair Value Hedges and Cash Flow and Net Investment Hedges	Fair Value Hedges The following table presents the effects of fair value hedges on the Consolidated Balance Sheet and the Consolidated Statement of Income. Fair Value Hedges (millions of Canadian dollars) For the years ended or as at October 31 2021 Change in Change in fair Hedge Carrying Accumulated 1 Accumulated Assets Interest rate risk Debt securities at amortized cost $ (2,039 ) $ 2,065 $ 26 $ 86,716 $ 466 $ 58 Financial assets at fair value through other comprehensive income (1,952 ) 1,981 29 47,306 (277 ) 30 Loans (1,603 ) 1,661 58 61,346 (95 ) 25 Total assets (5,594 ) 5,707 113 195,368 94 113 Liabilities Interest rate risk Deposits 2,529 (2,569 ) (40 ) 123,765 638 20 Securitization liabilities at amortized cost 20 (20 ) – 1,536 147 – Subordinated notes and debentures 91 (92 ) (1 ) 1,326 (16 ) 11 Total liabilities 2,640 (2,681 ) (41 ) 126,627 769 31 Total $ (2,954 ) $ 3,026 $ 72 2020 Assets Interest rate risk Debt securities at amortized cost $ 1,377 $ (1,384 ) $ (7 ) $ 59,095 $ 2,572 $ 215 Financial assets at fair value through other comprehensive income 1,413 (1,414 ) (1 ) 66,000 1,812 52 Loans 1,834 (1,838 ) (4 ) 36,019 2,059 37 Total assets 4,624 (4,636 ) (12 ) 161,114 6,443 304 Liabilities Interest rate risk Deposits (3,962 ) 3,922 (40 ) 142,464 4,703 72 Securitization liabilities at amortized cost (201 ) 202 1 3,519 230 – Subordinated notes and debentures (246 ) 246 – 2,658 111 (13 ) Total liabilities (4,409 ) 4,370 (39 ) 148,641 5,044 59 Total $ 215 $ (266 ) $ (51 ) 2019 Total $ 1,966 $ (1,992 ) $ (26 ) 1 The Bank has portfolios of fixed rate financial assets and liabilities whereby the principal amount changes frequently due to originations, issuances, maturities and prepayments. The interest rate risk hedges on these portfolios are rebalanced dynamically. Cash Flow Hedges and Net Investment Hedges The following table presents the effects of cash flow hedges and net investment hedges on the Bank’s Consolidated Statement of Income and the Consolidated Statement of Comprehensive Income. Cash Flow and Net Investment Hedges (millions of Canadian dollars) For the years ended October 31 2021 Change in value Change in fair Hedge Hedging 1 Amount reclassified 1 Net change 1 Cash flow hedges 2 Interest rate risk 3 $ 2,084 $ (2,087 ) $ (3 ) $ (1,682 ) $ 1,162 $ (2,844 ) Foreign exchange risk 4,5,6 1,962 (1,962 ) – (2,441 ) (2,604 ) 163 Equity price risk (952 ) 952 – 952 836 116 Total cash flow hedges $ 3,094 $ (3,097 ) $ (3 ) $ (3,171 ) $ (606 ) $ (2,565 ) Net investment hedges $ (2,649 ) $ 2,649 $ – $ 2,649 $ – $ 2,649 2020 Cash flow hedges 2 Interest rate risk 3 $ (3,884 ) $ 3,891 $ 7 $ 4,222 $ 609 $ 3,613 Foreign exchange risk 4,5,6 (1,129 ) 1,122 (7 ) 650 1,043 (393 ) Equity price risk 364 (364 ) – (364 ) (294 ) (70 ) Total cash flow hedges $ (4,649 ) $ 4,649 $ – $ 4,508 $ 1,358 $ 3,150 Net investment hedges $ 394 $ (394 ) $ – $ (394 ) $ (2,077 ) $ 1,683 2019 Total cash flow hedges 2 $ (4,958 ) $ 4,961 $ 3 $ 4,697 $ (673 ) $ 5,370 Net investment hedges $ (180 ) $ 180 $ – $ 180 $ – $ 180 1 Effects on other comprehensive income are presented on a pre-tax basis. 2 During the years ended October 31, 2021, October 31, 2020, and October 31, 2019, there were no instances where forecast hedged transactions failed to occur. 3 Hedged items include forecast interest cash flows on loans , 4 For non-derivative instruments designated as hedging foreign exchange risk, fair value change is measured as the gains and losses due to spot foreign exchange movements. 5 Cross-currency swaps may be used to hedge 1) foreign exchange risk, or 2) a combination of interest rate risk and foreign exchange risk in a single hedge relationship. Cross-currency swaps in both types of hedge relationships are disclosed in the above risk category (foreign exchange risk). 6 Hedged items include principal and interest cash flows on foreign denominated securities, loans, deposits, other liabilities, and subordinated notes and debentures.
Summary of Reconciliation of Accumulated Other Comprehensive Income (Loss)	Reconciliation of Accumulated Other Comprehensive Income (Loss) 1 (millions of Canadian dollars) For the years ended October 31 2021 Accumulated other Net changes in other Accumulated other Accumulated other Accumulated other de-designated hedges Cash flow hedges Interest rate risk $ 5,216 $ (2,844 ) $ 2,372 $ (1,063 ) $ 3,435 Foreign exchange risk (40 ) 163 123 123 – Equity price risk (45 ) 116 71 71 – Total cash flow hedges $ 5,131 $ (2,565 ) $ 2,566 $ (869 ) $ 3,435 Net investment hedges Foreign translation risk $ (3,826 ) $ 2,649 $ (1,177 ) $ (1,177 ) $ – 2020 Cash flow hedges Interest rate risk $ 1,603 $ 3,613 $ 5,216 $ 1,881 $ 3,335 Foreign exchange risk 353 (393 ) (40 ) (40 ) – Equity price risk 25 (70 ) (45 ) (45 ) – Total cash flow hedges $ 1,981 $ 3,150 $ 5,131 $ 1,796 $ 3,335 Net investment hedges Foreign translation risk $ (5,509 ) $ 1,683 $ (3,826 ) $ (3,826 ) $ – 1 Presented on a pre-tax basis.
Summary of Notional Amounts of Over the Counter and Exchange Traded Derivatives	Over-the-Counter and Exchange-Traded Derivatives 1 (millions of Canadian dollars) As at October 31 October 31 Trading Over-the-Counter 2 Clearing 3 Non clearing Exchange- Total Non- 4 Total Total Notional Interest rate contracts Futures $ – $ – $ 896,396 $ 896,396 $ – $ 896,396 $ 546,034 Forward rate agreements 501,519 16,976 – 518,495 831 519,326 1,478,749 Swaps 10,575,475 358,754 – 10,934,229 1,586,445 12,520,674 10,366,800 Options written – 71,408 37,057 108,465 493 108,958 366,308 Options purchased – 74,010 41,807 115,817 3,133 118,950 453,038 Total interest rate contracts 11,076,994 521,148 975,260 12,573,402 1,590,902 14,164,304 13,210,929 Foreign exchange contracts Futures – – – – – – – Forward contracts – 189,096 – 189,096 32,500 221,596 148,254 Swaps – 2,366,501 – 2,366,501 589 2,367,090 2,036,494 Cross-currency interest rate swaps – 967,297 – 967,297 72,663 1,039,960 993,460 Options written – 19,156 17 19,173 – 19,173 17,903 Options purchased – 16,742 16 16,758 – 16,758 17,920 Total foreign exchange contracts – 3,558,792 33 3,558,825 105,752 3,664,577 3,214,031 Credit derivative contracts Credit default swaps – protection purchased 8,014 87 – 8,101 3,563 11,664 12,742 Credit default swaps – protection sold 2,805 158 – 2,963 – 2,963 1,544 Total credit derivative contracts 10,819 245 – 11,064 3,563 14,627 14,286 Other contracts Equity contracts – 90,810 99,190 190,000 25,716 215,716 176,064 Commodity contracts 265 52,231 50,847 103,343 – 103,343 103,271 Total other contracts 265 143,041 150,037 293,343 25,716 319,059 279,335 Total $ 11,088,078 $ 4,223,226 $ 1,125,330 $ 16,436,634 $ 1,725,933 $ 18,162,567 $ 16,718,581 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current year. 2 Collateral held under a Credit Support Annex to help reduce counterparty credit risk is in the form of high-quality and liquid assets such as cash and high-quality government securities. Acceptable collateral is governed by the Collateralized Trading Policy. 3 Derivatives executed through a central clearing house reduce settlement risk due to the ability to net settle offsetting positions for capital purposes and therefore receive preferential capital treatment compared to those settled with non-central clearing house counterparties. 4 As at October 31, 2021, includes $1,442
Schedule of Notional Amount of Non-trading Derivatives	Notional of Non-Trading Derivatives 1 (millions of Canadian dollars) As at October 31, 2021 Derivatives in qualifying hedging relationships Derivatives not in qualifying hedging Derivatives held or issued for hedging (non-trading) purposes Fair value Cash flow 2 Net 2 Total Interest rate contracts $ 343,266 $ 196,272 $ – $ 1,051,364 $ 1,590,902 Foreign exchange contracts – 93,518 – 12,234 105,752 Credit derivative contracts – – – 3,563 3,563 Other contracts – 1,655 – 24,061 25,716 Total notional non-trading $ 343,266 $ 291,445 $ – $ 1,091,222 $ 1,725,933 October 31, 2020 Interest rate contracts $ 313,461 $ 193,897 $ – $ 878,784 $ 1,386,142 Foreign exchange contracts – 121,263 44 8,855 130,162 Credit derivative contracts – – – 4,197 4,197 Other contracts – 1,630 – 26,137 27,767 Total notional non-trading $ 313,461 $ 316,790 $ 44 $ 917,973 $ 1,548,268 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current year. 2 Certain cross-currency swaps are executed using multiple derivatives, including interest rate swaps. These derivatives are used to hedge foreign exchange rate risk in cash flow hedges and net investment hedges.
Summary of Notional Amounts of Over-the-counter Derivatives and Exchange-traded Derivatives Based on Their Contractual Terms to Maturity	The following table discloses the notional principal amount of OTC derivatives and exchange-traded derivatives based on their contractual terms to maturity. Derivatives by Remaining Term-to-Maturity 1 (millions of Canadian dollars) As at October 31 October 31 Notional Principal Within Over 1 year Over 5 years Total Total Interest rate contracts Futures $ 753,637 $ 142,759 $ – $ 896,396 $ 546,034 Forward rate agreements 511,577 6,975 774 519,326 1,478,749 Swaps 3,709,285 5,940,843 2,870,546 12,520,674 10,366,800 Options written 61,295 42,264 5,399 108,958 366,308 Options purchased 68,691 44,084 6,175 118,950 453,038 Total interest rate contracts 5,104,485 6,176,925 2,882,894 14,164,304 13,210,929 Foreign exchange contracts Futures – – – – – Forward contracts 209,208 10,872 1,516 221,596 148,254 Swaps 2,327,855 34,976 4,259 2,367,090 2,036,494 Cross-currency interest rate swaps 223,966 578,933 237,061 1,039,960 993,460 Options written 17,824 1,349 – 19,173 17,903 Options purchased 15,209 1,549 – 16,758 17,920 Total foreign exchange contracts 2,794,062 627,679 242,836 3,664,577 3,214,031 Credit derivative contracts Credit default swaps – protection purchased 1,887 3,807 5,970 11,664 12,742 Credit default swaps – protection sold 542 1,636 785 2,963 1,544 Total credit derivative contracts 2,429 5,443 6,755 14,627 14,286 Other contracts Equity contracts 155,105 60,539 72 215,716 176,064 Commodity contracts 86,102 16,996 245 103,343 103,271 Total other contracts 241,207 77,535 317 319,059 279,335 Total $ 8,142,183 $ 6,887,582 $ 3,132,802 $ 18,162,567 $ 16,718,581 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current year.
Summary of Hedging Instruments by Term to Maturity	The following table discloses the notional amount and av e Hedging Instruments by Remaining Term-to-Maturity (millions of Canadian dollars, except as noted) As at October 31 2021 October 31 2020 Notional Within Over 1 year Over Total Total Interest rate risk Interest rate swaps Notional – pay fixed $ 39,887 $ 78,361 $ 86,540 $ 204,788 $ 161,022 Average fixed interest rate % 1.14 1.41 1.50 Notional – received fixed 46,931 176,544 25,166 248,641 228,757 Average fixed interest rate % 0.64 1.27 1.24 Total notional – interest rate risk 86,818 254,905 111,706 453,429 389,779 Foreign exchange risk 1 Forward contracts Notional – USD/CAD 680 2,124 76 2,880 1,655 Average FX forward rate 1.27 1.29 1.28 Notional – EUR/CAD 2,625 10,834 613 14,072 17,027 Average FX forward rate 1.61 1.65 1.62 Notional – other – – – – 44 Cross-currency swaps 2,3 Notional – USD/CAD 17,567 21,476 1,287 40,330 54,679 Average FX rate 1.27 1.30 1.26 Notional – EUR/CAD 329 15,411 2,549 18,289 21,916 Average FX rate 1.43 1.51 1.50 Notional – GBP/CAD 2,117 847 334 3,298 5,375 Average FX rate 1.68 1.72 1.71 Notional – other currency pairs 4 6,509 7,698 457 14,664 20,608 Total notional – foreign exchange risk 29,827 58,390 5,316 93,533 121,304 Equity Price Risk Notional – equity contracts 1,655 – – 1,655 1,657 Total notional $ 118,300 $ 313,295 $ 117,022 $ 548,617 $ 512,740 1 Foreign currency denominated deposit liabilities are also used to hedge foreign exchange risk. As at October 31, 2021, the carrying value of these non-derivative hedging instruments was $32.4 billion (October 31, 2020 – $27.9 billion) designated under net investment hedges. 2 Cross-currency swaps may be used to hedge 1) foreign exchange risk, or 2) a combination of interest rate risk and foreign exchange risk in a single hedge relationship. Cross-currency swaps in both types of hedge relationships are disclosed in the above risk category (foreign exchange risk). 3 Certain cross-currency swaps are executed using multiple derivatives, including interest rate swaps. The notional amount of these interest rate swaps, excluded from the above, is $86.1 billion as at October 31, 2021 (October 31, 2020 – $117.6 billion). 4 Includes derivatives executed to manage non-trading foreign currency exposures, when more than one currency is involved prior to hedging to the Canadian dollar, or when the currency pair is not a significant exposure for the Bank.
Summary of Derivative Instruments Designated in Qualifying Hedge Accounting Relationships	The following table discloses the notional amount of derivative instruments designated in qualifying hedge accounting relationships, disaggregated by significant interest rate benchmark, that have yet to transition to an ARR for contracts maturing after December 31, 2021 for GBP LIBOR and after June 30, 2023 for US LIBOR. Derivative Instruments Designated in Qualifying Hedge Accounting Relationships 1,2 (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Notional Hedging derivatives maturing after December 31, 2021 (for GBP LIBOR) Interest rate risk Interest rate swaps US LIBOR $ 183,399 $ 158,428 GBP LIBOR – – Foreign exchange risk Interest rate swaps US LIBOR 13,347 9,792 GBP LIBOR 1,694 1,726 Cross-currency swaps 3 US LIBOR 18,288 14,301 GBP LIBOR 1,694 2,589 Total $ 218,422 $ 186,836 1 US LIBOR transitioning to SOFR. GBP LIBOR transitioning to SONIA. 2 Excludes hedging derivatives which reference rates in multi-rate jurisdictions, including Canadian Dollar Offered Rate. 3 Cross-currency swaps may be used to hedge foreign exchange risk or a combination of interest rate risk and foreign exchange risk in a single hedge relationship. Both these types of hedges are disclosed under the Foreign exchange risk as the risk category.
Credit Exposure of Derivatives	Credit Exposure of Derivatives (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Current Credit Risk- Current Credit Risk- Interest rate contracts Forward rate agreements $ 15 $ 275 $ 164 $ 20 $ 325 $ 229 Swaps 2,117 7,817 1,710 4,347 10,607 2,641 Options written 4 71 18 33 129 36 Options purchased 33 114 31 5 75 23 Total interest rate contracts 2,169 8,277 1,923 4,405 11,136 2,929 Foreign exchange contracts Forward contracts 558 2,799 465 465 2,364 353 Swaps 2,799 18,649 1,975 1,999 15,638 1,370 Cross-currency interest rate swaps 1,490 10,075 1,170 2,087 10,422 1,500 Options written 7 145 52 29 135 44 Options purchased 22 132 64 8 104 28 Total foreign exchange contracts 4,876 31,800 3,726 4,588 28,663 3,295 Other contracts Credit derivatives 3 426 88 3 508 123 Equity contracts 252 7,129 1,390 689 8,513 1,376 Commodity contracts 1,524 5,176 1,340 714 3,610 975 Total other contracts 1,779 12,731 2,818 1,406 12,631 2,474 Total derivatives 8,824 52,808 8,467 10,399 52,430 8,698 Qualifying Central Counterparty (QCCP) Contracts 5,937 20,945 611 3,274 14,150 410 Total $ 14,761 $ 73,753 $ 9,078 $ 13,673 $ 66,580 $ 9,108
Summary of Current Replacement Cost of Derivatives by Sector	Current Replacement Cost of Derivatives (millions of Canadian dollars, except as noted) As at Canada 1 United States 1 Other international 1 Total By sector October 31 October 31 October 31 2021 October 31 October 31 2021 October 31 2020 October 31 2021 October 31 2020 Financial $ 2,962 $ 2,562 $ 64 $ 123 $ 223 $ 309 $ 3,249 $ 2,994 Government 1,389 2,156 13 26 180 116 1,582 2,298 Other 2,202 2,092 1,228 2,397 563 618 3,993 5,107 Total current replacement cost $ 6,553 $ 6,810 $ 1,305 $ 2,546 $ 966 $ 1,043 $ 8,824 $ 10,399 By location of risk October 31 2021 October 31 2020 October 31 2021 % mix October 31 2020 % mix Canada $ 2,419 $ 3,752 27.4 % 36.1 % 36.1 36.1 36.1 36.1 United States 3,336 4,078 37.8 39.2 Other international United Kingdom 656 371 7.4 3.6 Europe – other 1,243 1,414 14.1 13.6 Other 1,170 784 13.3 7.5 7.5 7.5 7.5 7.5 Total Other international 3,069 2,569 34.8 24.7 Total current replacement cost $ 8,824 $ 10,399 100.0 % 100.0 %

Investment in Associates and _2

Investment in Associates and Joint Ventures (Tables)	12 Months Ended
	Oct. 31, 2021
Charles Schwab Corporation [member]
Disclosure Of Investments In Associates And Joint Ventures [Line Items]
Summary of Condensed Financial Statements	Condensed Consolidated Balance Sheet (millions of Canadian dollars) As at September 30 Assets Receivables from brokerage clients, net $ 107,118 Available for sale securities 466,536 Other assets 178,247 Total assets $ 751,901 Liabilities Bank deposits $ 489,192 Payable to brokerage clients 139,913 Other liabilities 51,706 Total liabilities 680,811 Stockholders’ equity 71,090 Total liabilities and stockholders’ equity $ 751,901 Condensed Consolidated Statement of Income (millions of Canadian dollars, except as noted) For the year ended September 30, 2021 Net Revenues Net interest revenue $ 9,726 Asset management and administration fees 5,246 Trading revenue and other 7,759 Total net revenues 22,731 Expenses Excluding Interest Compensation and benefits 6,894 Other 6,788 Total expenses excluding interest 13,682 Income before taxes on income 9,049 Taxes on income 2,216 Net income 6,833 Preferred stock dividends and other 566 Net Income available to common stockholders 6,267 Other comprehensive income (loss) (5,676 ) Total comprehensive income $ 591 Earnings per common shares outstanding – basic (Canadian dollars) $ 3.34 Earnings per common shares outstanding – diluted (Canadian dollars) 3.32
TD Ameritrade Holding Corporation [member]
Disclosure Of Investments In Associates And Joint Ventures [Line Items]
Summary of Condensed Financial Statements	The condensed financial statements of TD Ameritrade, based on its consolidated financial statements, are included in the following tables. Condensed Consolidated Balance Sheet 1 (millions of Canadian dollars) As at September 30 Assets Receivables from brokers, dealers, and clearing organizations $ 2,070 Receivables from clients, net 36,938 Other assets, net 36,223 Total assets $ 75,231 Liabilities Payable to brokers, dealers, and clearing organizations $ 4,307 Payable to clients 50,382 Other liabilities 7,174 Total liabilities 61,863 Stockholders’ equity 13,368 Total liabilities and stockholders’ equity $ 75,231 1 Customers’ securities are reported on a settlement date basis whereas the Bank reports customers’ securities on a trade date basis. Condensed Consolidated Statements of Income (millions of Canadian dollars, except as noted) For the years ended September 30 2020 2019 Revenues Net interest revenue $ 1,873 $ 2,036 Fee-based and other revenue 6,202 5,947 Total revenues 8,075 7,983 Operating expenses Employee compensation and benefits 1,905 1,756 Other 2,388 2,245 Total operating expenses 4,293 4,001 Other expense (income) 143 94 Pre-tax income 3,639 3,888 Provision for income taxes 910 957 Net income 1 $ 2,729 $ 2,931 Earnings per share – basic (Canadian dollars) $ 5.04 $ 5.27 Earnings per share – diluted (Canadian dollars) 5.02 5.26 1 The Bank’s share of TD Ameritrade’s earnings is based on the published consolidated financial statements of TD Ameritrade after converting into Canadian dollars and is subject to adjustments relating to the amortization of certain intangibles.

Other Assets (Tables)

Other Assets (Tables)	12 Months Ended
	Oct. 31, 2021
Other Assets
Schedule of Other Assets	Other Assets (millions of Canadian dollars) As at October 31 October 31 Accounts receivable and other items $ 9,144 $ 10,799 Accrued interest 2,196 2,336 Current income tax receivable 1,862 2,294 Defined benefit asset 637 9 Insurance-related assets, excluding investments 2,040 2,268 Prepaid expenses 1,300 1,150 Total $ 17,179 $ 18,856

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Oct. 31, 2021
Statement [Line Items]
Summary of Deposit Liabilities	Deposits (millions of Canadian dollars) As at By Type By Country October 31 October 31 Demand Notice Term 1 Canada United States International Total Total Personal $ 23,116 $ 559,301 $ 51,081 $ 296,487 $ 337,011 $ – $ 633,498 $ 625,200 Banks 2 11,312 196 9,409 18,082 25 2,810 20,917 28,969 Business and government 3 135,764 219,845 115,101 316,879 151,584 2,247 470,710 481,164 170,192 779,342 175,591 631,448 488,620 5,057 1,125,125 1,135,333 Trading 2 – – 22,891 11,812 3,567 7,512 22,891 19,177 Designated 2,4 – – 113,905 56,007 36,050 21,848 113,905 59,626 Total $ 170,192 $ 779,342 $ 312,387 $ 699,267 $ 528,237 $ 34,417 $ 1,261,921 $ 1,214,136 Non-interest-bearing deposits included above In domestic offices $ 72,705 $ 55,920 In foreign offices 82,756 76,099 Interest-bearing deposits included above In domestic offices 626,562 604,625 In foreign offices 479,890 472,913 U.S. federal funds deposited 2 8 4,579 Total 3,5 $ 1,261,921 $ 1,214,136 1 Includes $43.1 billion (October 31, 2020 – $27.6 billion) of senior debt which is subject to the bank recapitalization “bail-in” regime. This regime provides certain statutory powers to the Canada Deposit Insurance Corporation, including the ability to convert specified eligible shares and liabilities into common shares in the event that the Bank becomes non-viable. 2 Includes deposits and advances with the FHLB. 3 Includes $25.1 billion relating to covered bondholders (October 31, 2020 – $40.5 billion) and $0.5 billion (October 31, 2020 – $1.2 billion) due to TD Capital Trust IV. 4 Financial liabilities designated at FVTPL on the Consolidated Balance Sheet also includes $83 million (October 31, 2020 – $39 million) of loan commitments and financial guarantees designated at FVTPL. 5 Includes deposits of $719 billion (October 31, 2020 – $708 billion) denominated in U.S. dollars and $44 billion (October 31, 2020 – $44 billion) denominated in other foreign currencies.
Maturity Schedule of Term Deposits	Term Deposits by Remaining Term-to-Maturity (millions of Canadian dollars) As at October 31 October 31 2020 Within 1 year Over 1 year to Over 2 years to Over 3 years to Over 4 years to Over 5 years Total Total Personal $ 36,187 $ 7,611 $ 4,570 $ 1,099 $ 1,585 $ 29 $ 51,081 $ 59,268 Banks 9,401 2 – – 2 4 9,409 14,869 Business and government 42,887 28,880 21,276 8,488 7,491 6,079 115,101 167,883 Trading 16,086 2,135 1,598 1,087 831 1,154 22,891 19,177 Designated at fair value through profit or loss 112,778 1,127 – – – – 113,905 59,626 Total $ 217,339 $ 39,755 $ 27,444 $ 10,674 $ 9,909 $ 7,266 $ 312,387 $ 320,823
Within 1 year [member]
Statement [Line Items]
Maturity Schedule of Term Deposits	Term Deposits due within a Year (millions of Canadian dollars) As at October 31 2021 October 31 2020 Within Over 3 Over 6 Total Total Personal $ 15,549 $ 8,491 $ 12,147 $ 36,187 $ 41,213 Banks 9,241 135 25 9,401 14,859 Business and government 27,875 8,268 6,744 42,887 97,278 Trading 7,070 4,867 4,149 16,086 10,993 Designated at fair value through profit or loss 36,375 33,708 42,695 112,778 59,626 Total $ 96,110 $ 55,469 $ 65,760 $ 217,339 $ 223,969

Other Liabilities (Tables)

Other Liabilities (Tables)	12 Months Ended
	Oct. 31, 2021
Disclosure of financial liabilities [abstract]
Summary of Other Liabilities	Other Liabilities (millions of Canadian dollars) As at October 31 2021 October 31 2020 Accounts payable, accrued expenses, and other items 1 $ 7,499 $ 6,571 Accrued interest 714 1,142 Accrued salaries and employee benefits 4,151 2,900 Cheques and other items in transit 2,667 2,440 Current income tax payable 82 275 Deferred tax liabilities 244 284 Defined benefit liability 1,592 3,302 Lease liabilities 2 5,473 6,095 Liabilities related to structured entities 4,407 5,898 Provisions 1,304 1,569 Total $ 28,133 $ 30,476 1 Includes dividends and distributions payable of $ 1,404 2 Refer to Note 27 for lease liability maturity and lease payment details.

Subordinated Notes And Debent_2

Subordinated Notes And Debentures (Tables)	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Summary of Subordinated Notes and Debentures	Subordinated Notes and Debentures (millions of Canadian dollars, except as noted) As at Maturity date Interest Reset spread (%) Earliest par redemption date October 31 2021 October 31 2020 May 26, 2025 9.150 n/a – $ 200 $ 200 September 14, 2028 1 3.589 2 1.060 2 September 14, 2023 1,749 1,743 July 25, 2029 1 3.224 2 1.250 2 July 25, 2024 1,550 1,561 April 22, 2030 1 3.105 2 2.160 2 April 22, 2025 2,952 2,974 March 4, 2031 1 4.859 2 3.490 2 March 4, 2026 1,271 1,279 September 15, 2031 1 3.625 3 2.205 3 September 15, 2026 1,765 1,881 January 26, 2032 1 3.060 2 1.330 2 January 26, 2027 1,743 1,839 Total $ 11,230 $ 11,477 1 The subordinated notes and debentures include non-viability contingent capital (NVCC) provisions and qualify as regulatory capital under OSFI’s Capital Adequacy Requirements (CAR) guideline. Refer to Note 21 for further details. 2 Interest rate is for the period to but excluding the earliest par redemption date, and thereafter, it will be reset at a rate of three-month Bankers’ Acceptance rate (as such term is defined in the applicable offering document) plus the reset spread noted. 3 Interest rate is for the period to but excluding the earliest par redemption date, and thereafter, it will be reset at a rate of 5-year Mid-Swap Rate plus the reset spread noted.

Capital Trust Securities (Table

Capital Trust Securities (Tables)	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Summary of Capital Trust Securities	Capital Trust Securities (millions of Canadian dollars, except as noted) As at Redemption Thousands Distribution/Interest Annual At the option October 31 October 31 TD CaTS IV Notes issued by Trust IV TD Capital Trust IV Notes – Series 2 450 June 30, Dec. 31 10.000 % 1 June 30, 2014 450 450 TD Capital Trust IV Notes – Series 3 750 June 30, Dec. 31 6.631 % Dec. 31, 2014 – 750 1,200 $ 450 $ 1,200 1 From and including January 26, 2009, to but excluding June 30, 2039. Starting on June 30, 2039, and on every fifth anniversary thereafter, the interest rate will reset to equal the then 5-year

Equity (Tables)

Equity (Tables)	12 Months Ended
	Oct. 31, 2021
Disclosure of classes of share capital [abstract]
Summary of Classes of Share Capital	The following table summarizes the changes to the shares and other equity instruments issued and outstanding and treasury instruments held as at and for the years ended October , and October , . Shares and Other Equity Instruments Issued and Outstanding and Treasury Instruments Held (millions of shares or other equity instrum en t s October 31, 2021 October 31, 2020 Number Amount Number Amount Common Shares Balance as at beginning of year 1,816.1 $ 22,487 1,812.5 $ 21,713 Proceeds from shares issued on exercise of stock options 2.8 165 1.5 79 Shares issued as a result of dividend reinvestment plan 5.0 414 14.1 838 Purchase of shares for cancellation and other – – (12.0 ) (143 ) Balance as at end of year – common shares 1,823.9 $ 23,066 1,816.1 $ 22,487 Preferred Shares and Other Equity Instruments Preferred Shares – Class A Series 1 20.0 $ 500 20.0 $ 500 Series 3 20.0 500 20.0 500 Series 5 20.0 500 20.0 500 Series 7 14.0 350 14.0 350 Series 9 8.0 200 8.0 200 Series 12 1 – – 28.0 700 Series 14 2 – – 40.0 1,000 Series 16 14.0 350 14.0 350 Series 18 14.0 350 14.0 350 Series 20 16.0 400 16.0 400 Series 22 14.0 350 14.0 350 Series 24 18.0 450 18.0 450 158.0 $ 3,950 226.0 $ 5,650 Other Equity Instruments Limited Recourse Capital Notes – Series 1 3 1.8 $ 1,750 – $ – Balance as at end of year – preferred shares and other equity instruments 159.8 $ 5,700 226.0 $ 5,650 Treasury – common shares 4 Balance as at beginning of year 0.5 $ (37 ) 0.6 $ (41 ) Purchase of shares 136.8 (10,859 ) 135.6 (8,752 ) Sale of shares (135.4 ) 10,744 (135.7 ) 8,756 Balance as at end of year – treasury – common shares 1.9 $ (152 ) 0.5 $ (37 ) Treasury – preferred shares and other equity instruments 4 Balance as at beginning of year 0.1 $ (4 ) 0.3 $ (6 ) Purchase of shares and other equity instruments 5.3 (205 ) 6.0 (122 ) Sale of shares and other equity instruments (5.3 ) 199 (6.2 ) 124 Balance as at end of year – treasury – preferred shares and other equity instruments 0.1 $ (10 ) 0.1 $ (4 ) 1 On April 30, 2021, the Bank redeemed all of its 28 million outstanding Non-Cumulative 5-Year Rate Reset Class A First Preferred Shares NVCC, Series 12 (“Series 12 Preferred Shares”), at a redemption price of $25.00 per Series 12 Preferred Share, for a total redemption cost of $700 million. 2 On October 31, 2021, the Bank redeemed all of its 40 million outstanding Non-Cumulative 5-Year Rate Reset Class A First Preferred Shares NVCC, Series 14 (“Series 14 Preferred Shares”), at a redemption price of $25.00 per Series 14 Preferred Share, for a total redemption cost of $1 billion; the redemption proceeds were paid after October 31, 2021. 3 For Limited Recourse Capital Notes, the number of shares represents the number of notes issued. Concurrently with issue of the LRCNs, the Bank issued 1.75 million Preferred Shares Series 26 at a price of $1,000 per share. 4 When the Bank purchases its own equity instruments Preferred Shares Terms and Conditions Issue date Annual 1 Reset 1 Next redemption/ 1 Convertible 1 NVCC Rate Reset Preferred Shares 2 Series 1 June 4, 2014 3.662 2.24 October 31, 2024 Series 2 Series 3 July 31, 2014 3.681 2.27 July 31, 2024 Series 4 Series 5 December 16, 2014 3.876 2.25 January 31, 2025 Series 6 Series 7 March 10, 2015 3.201 2.79 July 31, 2025 Series 8 Series 9 April 24, 2015 3.242 2.87 October 31, 2025 Series 10 Series 16 July 14, 2017 4.50 3.01 October 31, 2022 Series 17 Series 18 March 14, 2018 4.70 2.70 April 30, 2023 Series 19 Series 20 September 13, 2018 4.75 2.59 October 31, 2023 Series 21 Series 22 January 28, 2019 5.20 3.27 April 30, 2024 Series 23 Series 24 June 4, 2019 5.10 3.56 July 31, 2024 Series 25 1 Non-cumulative preferred dividends for each Series are payable quarterly, as and when declared by the Board of Directors. The dividend rate of the Rate Reset Preferred Shares will reset on the next redemption/conversion date and every 5 years thereafter to equal the then 5-year Government of Canada bond yield plus the reset spread noted. Rate Reset Preferred Shares are convertible to the corresponding Series of Floating Rate Preferred Shares, and vice versa. If converted into a Series of Floating Rate Preferred Shares, the dividend rate for the quarterly period will be equal to the then 90-day Government of Canada Treasury bill yield plus the reset spread noted. 2 Subject to regulatory consent, redeemable on the redemption date noted and every 5 years thereafter, at $25 per share. Convertible on the conversion date noted and every 5 years thereafter if not redeemed. If converted, the holders have the option to convert back to the original Series of preferred shares every 5 years.

Insurance (Tables)

Insurance (Tables)	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Summary of Amounts Arising from Insurance Contracts	Insurance Revenue and Insurance Claims and Related Expenses (millions of Canadian dollars) For the years ended October 31 2021 2020 2019 Insurance Revenue Earned Premiums Gross $ 5,186 $ 4,845 $ 4,632 Reinsurance ceded 652 643 915 Net earned premiums 4,534 4,202 3,717 Fee income and other revenue 1 343 363 565 Insurance Revenue 4,877 4,565 4,282 Insurance Claims and Related Expenses Gross 2,841 3,380 2,987 Reinsurance ceded 134 494 200 Insurance Claims and Related Expenses $ 2,707 $ 2,886 $ 2,787 1 Ceding commissions received and paid are included within fee income and other revenue. Ceding commissions paid and netted against fee income in 2021 were $85 million (2020 – $92 million; 2019 – $123 million).
Summary of Movement in Provisions for Unpaid Claims	The following table presents movements in the property and casualty insurance provision for unpaid claims during the year. Movement in Provision for Unpaid Claims (millions of Canadian dollars) October 31, 2021 October 31, 2020 Gross Reinsurance/ recoverable Net Gross Reinsurance/ Net Balance as at beginning of year $ 5,142 $ 246 $ 4,896 $ 4,840 $ 141 $ 4,699 Claims costs for current accident year 2,629 100 2,529 2,948 302 2,646 Prior accident years claims development (favourable) unfavourable (354 ) (13 ) (341 ) (354 ) (5 ) (349 ) Increase (decrease) due to changes in assumptions: Discount rate (84 ) (1 ) (83 ) 123 – 123 Provision for adverse deviation (3 ) (1 ) (2 ) 25 4 21 Claims and related expenses 2,188 85 2,103 2,742 301 2,441 Claims paid during the year for: Current accident year (1,085 ) (33 ) (1,052 ) (1,346 ) (179 ) (1,167 ) Prior accident years (1,136 ) (68 ) (1,068 ) (1,084 ) (7 ) (1,077 ) (2,221 ) (101 ) (2,120 ) (2,430 ) (186 ) (2,244 ) Increase (decrease) in reinsurance/other recoverables (13 ) (13 ) – (10 ) (10 ) – Balance as at end of year $ 5,096 $ 217 $ 4,879 $ 5,142 $ 246 $ 4,896
Summary of Movement in Provisions for Unearned Premiums	The following table presents movements in the prop e Movement in Provision for Unearned Premiums (millions of Canadian dollars) October 31, 2021 October 31, 2020 Gross Reinsurance Net Gross Reinsurance Net Balance as at beginning of year $ 2,123 $ 24 $ 2,099 $ 1,869 $ 17 $ 1,852 Written premiums 4,044 146 3,898 3,879 127 3,752 Earned premiums (3,824 ) (145 ) (3,679 ) (3,625 ) (120 ) (3,505 ) Balance as at end of year $ 2,343 $ 25 $ 2,318 $ 2,123 $ 24 $ 2,099
Incurred Claims by Accident Year	Incurred Claims by Accident Year (millions of Canadian dollars) Accident Year 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Total Net ultimate claims cost at end of accident year $ 4,622 $ 2,245 $ 2,465 $ 2,409 $ 2,438 $ 2,425 $ 2,631 $ 2,727 $ 2,646 $ 2,529 Revised estimates One year later 5,033 2,227 2,334 2,367 2,421 2,307 2,615 2,684 2,499 Two years later 4,957 2,191 2,280 2,310 2,334 2,258 2,573 2,654 Three years later 4,952 2,158 2,225 2,234 2,264 2,201 2,522 Four years later 4,832 2,097 2,147 2,162 2,200 2,151 Five years later 4,704 2,047 2,084 2,115 2,159 Six years later 4,658 2,004 2,044 2,100 Seven years later 4,563 1,982 2,037 Eight years later 4,529 1,974 Nine years later 4,537 Current estimates of cumulative claims 4,537 1,974 2,037 2,100 2,159 2,151 2,522 2,654 2,499 2,529 Cumulative payments to date (4,380 ) (1,931 ) (1,946 ) (1,941 ) (1,925 ) (1,808 ) (1,978 ) (1,883 ) (1,588 ) (1,052 ) Net undiscounted provision for unpaid claims 157 43 91 159 234 343 544 771 911 1,477 $ 4,730 Effect of discounting (278 ) Provision for adverse deviation 427 Net provision for unpaid claims $ 4,879
Summary of Sensitivity Analysis for Actuarial Assumptions	Sensitivity of Critical Assumptions – Property and Casualty Insurance Contract Liabilities (millions of Canadian dollars) As at October 31, 2021 October 31, 2020 Impact on net Impact Impact on net before Impact Impact of a 1% change in key assumptions Discount rate Increase in assumption $ 126 $ 93 $ 130 $ 96 Decrease in assumption (135 ) (100 ) (140 ) (103 ) Margin for adverse deviation Increase in assumption (47 ) (35 ) (47 ) (35 ) Decrease in assumption 47 35 47 35 Impact of a 5% change in key assumptions Frequency of claims Increase in assumption $ (56 ) $ (42 ) $ (52 ) $ (39 ) Decrease in assumption 56 42 52 39 Severity of claims Increase in assumption (226 ) (167 ) (225 ) (166 ) Decrease in assumption 226 167 225 166

Share-Based Compensation (Table

Share-Based Compensation (Tables)	12 Months Ended
	Oct. 31, 2021
Disclosure of sensitivity analysis for actuarial assumptions [abstract]
Summary of Stock Option Activity	Stock Option Activity (millions of shares and Canadian dollars) 2021 2020 2019 Number Weighted- average Number Weighted- Number Weighted- Number outstanding, beginning of year 13.1 $ 61.27 12.8 $ 57.35 13.1 $ 53.12 Granted 2.2 71.88 2.1 72.84 2.2 69.39 Exercised (2.8 ) 50.67 (1.5 ) 43.60 (2.3 ) 44.07 Forfeited/expired (0.3 ) 71.50 (0.3 ) 65.99 (0.2 ) 66.59 Number outstanding, end of year 12.2 $ 65.36 13.1 $ 61.27 12.8 $ 57.35 Exercisable, end of year 4.4 $ 54.36 5.4 $ 48.50 4.7 $ 44.77
Range of Exercise Prices	Range of Exercise Prices (millions of shares and Canadian dollars) Options outstanding Options exercisable Number Weighted- Weighted- Number Weighted- $36.64 – $40.54 0.5 0.9 40.26 0.5 40.26 $47.59 – $52.46 1.5 2.6 50.33 1.5 50.33 $53.15 – $65.75 2.4 4.5 59.79 2.4 59.79 $69.39 – $71.88 4.1 8.0 70.67 – – $72.64 – $72.84 3.7 7.1 72.75 – –
Schedule of Assumptions Used for Estimating the Fair Value of Options	The following table summarizes the assumptions used for estimating the fair value of options for the years ended October 31, 2021, October 31, 2020, and October 31, 2019. Assumptions Used for Estimating the Fair Value of Options 1 (in Canadian dollars, except as noted) 2021 2020 2019 Risk-free interest rate 0.71 % 1.59 % 2.03 % Option contractual life 10 years 10 years 10 years Expected volatility 2 18.50 % 12.90 % 12.64 % Expected dividend yield 3.61 % 3.50 % 3.48 % Exercise price/share price $ 71.88 $ 72.84 $ 69.39 1 Prior years’ disclosures have been updated to align with the current year disclosure. 2 Expected volatility is calculated based on the average daily volatility measured over a historical period.

Employee Benefits (Tables)

Employee Benefits (Tables)	12 Months Ended
	Oct. 31, 2021
Employee Benefits
Summary of Plan Asset Allocation	The asset allocations by asset category for the principal defined benefit pension plans are as follows: Plan Asset Allocation (millions of Canadian dollars except as noted) Society 1 TDPP DB 1 Target range % of total Fair value Target range % of total Fair value As at October 31, 2021 Quoted Unquoted Quoted Unquoted Debt 40-70 % 56 % $ – $ 3,877 20-50 % 34 % $ – $ 1,023 Equity 19-45 26 589 1,238 30-60 51 461 1,055 Alternative investments 2 1-30 18 – 1,279 5-40 15 – 431 Other 3 n/a n/a – (532 ) n/a n/a – (79 ) Total 100 % $ 589 $ 5,862 100 % $ 461 $ 2,430 As at October 31, 2020 Debt 30-70 % 55 % $ – $ 3,670 25-50 % 40 % $ – $ 940 Equity 24-55 31 685 1,402 30-70 47 344 756 Alternative investments 2 6-35 14 – 899 5-35 13 – 301 Other 3 n/a n/a – (685 ) n/a n/a – (72 ) Total 100 % $ 685 $ 5,286 100 % $ 344 $ 1,925 As at October 31, 2019 Debt 40-70 % 55 % $ – $ 3,374 25-50 % 34 % $ – $ 634 Equity 24-42 32 1,002 976 30-70 54 368 639 Alternative investments 2 6-35 13 – 760 5-35 12 – 229 Other 3 n/a n/a – (276 ) n/a n/a – 111 Total 100 % $ 1,002 $ 4,834 100 % $ 368 $ 1,613 1 The principal defined benefit pension plans invest in investment vehicles which may hold shares or debt issued by the Bank. 2 The principal defined benefit pension plans’ alternative investments are primarily private equity, infrastructure, and real estate funds. 3 Consists mainly of amounts due to and due from brokers for securities traded but not yet settled, bond repurchase agreements, interest and dividends receivable, and Pension Enhancement Account assets, which are invested at the members’ discretion in certain mutual and pooled funds.
Summary of Defined Benefit Plan Expense	The following table summarizes expenses for the Bank’s defined contribution plans. Defined Contribution Plan Expenses (millions of Canadian dollars) For the years ended October 31 October 31 October 31 2019 Defined contribution pension plans 1 $ 178 $ 169 $ 150 Government pension plans 2 355 347 324 Total $ 533 $ 516 $ 474 1 Includes the TDPP DC and the TD Bank, N.A. defined contribution 401(k) plan. 2 Includes Canada Pension Plan, Quebec Pension Plan, and Social Security under the U.S. Federal Insurance Contributions Act
Summary of Employee Benefit Plans' Obligations, Assets, Funded Status and Expense	The following table presents the financial position of the Bank’s principal pe Employee Defined Benefit Plans’ Obligations, Assets, Funded Status, and Expense (millions of Canadian dollars, except as noted) Principal pension plans Principal post-retirement 1 Other pension and post-retirement benefit plans 2 2021 2020 2019 2021 2020 2019 2021 2020 2019 Change in projected benefit obligation Projected benefit obligation at beginning of year $ 9,668 $ 8,558 $ 6,539 $ 506 $ 620 $ 535 $ 2,967 $ 2,948 $ 2,569 Service cost – benefits earned 522 467 326 9 17 14 8 9 9 Interest cost on projected benefit obligation 210 236 240 11 17 20 56 80 106 Remeasurement (gain) loss – financial (1,460 ) 617 1,565 (45 ) (101 ) 92 (86 ) 128 430 Remeasurement (gain) loss – demographic – – – – (44 ) (26 ) 5 (80 ) 2 Remeasurement (gain) loss – experience 137 56 83 (1 ) 9 – (1 ) 9 6 Members’ contributions 107 107 107 – – – – – – Benefits paid (396 ) (373 ) (303 ) (14 ) (12 ) (15 ) (139 ) (144 ) (143 ) Change in foreign currency exchange rate – – – – – – (130 ) 20 (1 ) Past service cost (credit) 3 – – 1 – – – 11 (3 ) (30 ) Projected benefit obligation as at October 31 8,788 9,668 8,558 466 506 620 2,691 2,967 2,948 Wholly or partially funded projected benefit obligation 8,788 9,668 8,558 – – – 1,879 2,067 2,073 Unfunded projected benefit obligation – – – 466 506 620 812 900 875 Total projected benefit obligation as at October 31 8,788 9,668 8,558 466 506 620 2,691 2,967 2,948 Change in plan assets Plan assets at fair value at beginning of year 8,240 7,817 6,643 – – – 2,046 1,959 1,733 Interest income on plan assets 186 221 253 – – – 37 52 73 Remeasurement gain (loss) – return on plan assets less interest income 740 15 773 – – – 106 96 205 Members’ contributions 107 107 107 – – – – – – Employer’s contributions 474 463 352 14 12 15 38 72 96 Benefits paid (396 ) (373 ) (303 ) (14 ) (12 ) (15 ) (139 ) (144 ) (143 ) Change in foreign currency exchange rate – – – – – – (118 ) 18 (1 ) Defined benefit administrative expenses (9 ) (10 ) (8 ) – – – (3 ) (7 ) (4 ) Plan assets at fair value as at October 31 9,342 8,240 7,817 – – – 1,967 2,046 1,959 Excess (deficit) of plan assets at fair value over projected benefit obligation 554 (1,428 ) (741 ) (466 ) (506 ) (620 ) (724 ) (921 ) (989 ) Effect of asset limitation and minimum funding requirement – – – – – – (12 ) (14 ) (13 ) Net defined benefit asset (liability) 554 (1,428 ) (741 ) (466 ) (506 ) (620 ) (736 ) (935 ) (1,002 ) Recorded in Other assets in the Bank’s Consolidated Balance Sheet 554 – – – – – 79 3 6 Other liabilities in the Bank’s Consolidated Balance Sheet – (1,428 ) (741 ) (466 ) (506 ) (620 ) (815 ) (938 ) (1,008 ) Net defined benefit asset (liability) 554 (1,428 ) (741 ) (466 ) (506 ) (620 ) (736 ) (935 ) (1,002 ) Annual expense Net employee benefits expense includes the following: Service cost – benefits earned 522 467 326 9 17 14 8 9 9 Net interest cost (income) on net defined benefit liability (asset) 24 15 (13 ) 11 17 20 19 28 33 Past service cost (credit) 3 – – 1 – – – 11 (3 ) (30 ) Defined benefit administrative expenses 11 10 10 – – – 3 5 6 Total $ 557 $ 492 $ 324 $ 20 $ 34 $ 34 $ 41 $ 39 $ 18 Actuarial assumptions used to determine the annual expense Weighted-average discount rate for projected benefit obligation 2.85 % 3.08 % 4.10 % 2.76 % 3.07 % 4.10 % 2.74 % 3.12 % 4.37 % Weighted-average rate of compensation increase 2.53 % 2.57 % 2.54 % 3.00 % 3.00 % 3.00 % 1.03 % 1.00 % 1.03 % Assumed life expectancy at age 65, in years Male aged 65 23.4 23.4 23.3 23.4 23.4 23.3 21.5 22.1 22.1 Female aged 65 24.2 24.1 24.1 24.2 24.1 24.1 23.1 23.7 23.7 Male aged 45 24.4 24.3 24.3 24.4 24.3 24.3 22.2 22.7 22.7 Female aged 45 25.1 25.1 25.0 25.1 25.1 25.0 23.9 24.5 24.5 Actuarial assumptions used to determine the projected benefit obligation as at October 31 Weighted-average discount rate for projected benefit obligation 3.50 % 2.85 % 3.08 % 3.43 % 2.76 % 3.07 % 2.99 % 2.74 % 3.12 % Weighted-average rate of compensation increase 2.46 % 2.53 % 2.57 % 2.80 % 3.00 % 3.00 % 0.98 % 1.03 % 1.00 % Assumed life expectancy at age 65, in years Male aged 65 23.5 23.4 23.4 23.5 23.4 23.4 21.6 21.5 22.1 Female aged 65 24.2 24.2 24.1 24.2 24.2 24.1 23.1 23.1 23.7 Male aged 45 24.4 24.4 24.3 24.4 24.4 24.3 22.3 22.2 22.7 Female aged 45 25.1 25.1 25.1 25.1 25.1 25.1 24.0 23.9 24.5 1 The rate of increase for health care costs for the next year used to measure the expected cost of benefits covered for the principal post-retirement defined benefit plan is 3.13%. The rate is assumed to decrease gradually to 1.08% by the year 2040 and remain at that level thereafter (2020 – 3.26% grading to 1.06% by the year 2040 and remain at that level thereafter). 2 Includes CT defined benefit pension plan, TD Banknorth defined benefit pension plan, TD Auto Finance defined benefit pension and post-retirement benefit plans, and supplemental employee defined benefit pension plans. 3 Includes a gain of $33 million related to the TD Auto Finance post-retirement benefit plan that was amended during fiscal 2019.
Summary of Amounts Recognized in the Consolidated Balance Sheet	The Bank recognized the following amounts on the Consolidated Balance Sheet. Amounts Recognized in the Consolidated Balance Sheet (millions of Canadian dollars) As at October 31 October 31 October 31 Other assets Principal defined benefit pension plans $ 554 $ – $ – Other defined benefit pension and post-retirement benefit plans 79 3 6 Other employee benefit plans 1 4 6 7 Total 637 9 13 Other liabilities Principal defined benefit pension plans – 1,428 741 Principal post-retirement defined benefit plan 466 506 620 Other defined benefit pension and post-retirement benefit plans 815 938 1,008 Other employee benefit plans 1 311 430 412 Total 1,592 3,302 2,781 Net amount recognized $ (955 ) $ (3,293 ) $ (2,768 ) 1 Consists of other pension and other post-retirement benefit plans operated by the Bank and its subsidiaries that are not considered material for disclosure purposes.
Summary of Remeasurement of Defined Benefit Plans	The following table summarizes the remeasurements recognized in OCI for the Bank’s principal p e Amounts Recognized in Other Comprehensive Income for Remeasurement of Defined Benefit Plans 1,2 (millions of Canadian dollars) Principal pension plans Principal post-retirement benefit plan Other pension and post-retirement benefit plans For the years ended October 31 2021 2020 2019 2021 2020 2019 2021 2020 2019 Remeasurement gains (losses) – financial $ 1,460 $ (617 ) $ (1,565 ) $ 45 $ 101 $ (92 ) $ 86 $ (128 ) $ (430 ) Remeasurement gains (losses) – demographic – – – – 44 26 (5 ) 80 (2 ) Remeasurement gains (losses) – experience (137 ) (56 ) (83 ) 1 (9 ) – 1 (9 ) (6 ) Remeasurement gains (losses) – return on plan assets less interest 742 15 775 – – – 108 93 207 Total $ 2,065 $ (658 ) $ (873 ) $ 46 $ 136 $ (66 ) $ 190 $ 36 $ (231 ) 1 Amounts are presented on a pre-tax 2 Excludes net remeasurement gains (losses) recognized in OCI in respect of other employee defined benefit plans operated by the Bank and certain of its subsidiaries not considered material for disclosure purposes totaling $121 million (2020 – $ ( ) ( )
Summary of Expected Future Benefit Payments	The following table summarizes the expected future benefit payments for the next 10 years. Expected Future Benefit Payments (millions of Canadian dollars) Principal pension plans Principal post-retirement benefit plan Other pension and post-retirement benefit plans Benefit payments expected to be paid in: 2022 $ 410 $ 20 $ 144 2023 433 21 145 2024 453 22 148 2025 472 23 150 2026 490 24 150 2027-2031 2,672 131 750 Total $ 4,930 $ 241 $ 1,487
Summary of Disaggregation of Projections Benefit Obligation	The breakdown of the projected benefit obligations between active, deferred, and retired members is as follows: Disaggregation of Projected Benefit Obligation (millions of Canadian dollars) Principal pension plans Principal post-retirement benefit plan Other pension and post-retirement benefit plans As at October 31 2021 2020 2019 2021 2020 2019 2021 2020 2019 Active members $ 6,048 $ 6,812 $ 5,925 $ 191 $ 209 $ 318 $ 375 $ 503 $ 494 Deferred members 596 650 577 – – – 497 579 588 Retired members 2,144 2,206 2,056 275 297 302 1,819 1,885 1,866 Total $ 8,788 $ 9,668 $ 8,558 $ 466 $ 506 $ 620 $ 2,691 $ 2,967 $ 2,948
Summary of Duration of Projected Benefit Obligation	The weighted-average duration of the projected benefit obligations is as follows: Duration of Projected Benefit Obligation (number of years) Principal pension plans Principal post-retirement benefit plan Other pension and post-retirement benefit plan s As at October 31 2021 2020 2019 2021 2020 2019 2021 2020 2019 Weighted-average duration 15 16 16 14 15 18 12 13 13
Summary of Sensitivity of Significant Actuarial Assumptions	Sensitivity of Significant Defined Benefit Plan Actuarial Assumptions (millions of Canadian dollars, except as noted) As at October 31, 2021 Obligation Increase (Decrease) Principal Principal Other pension Impact of an absolute change in significant actuarial assumptions Discount rate 1% decrease in assumption $ 1,467 $ 69 $ 352 1% increase in assumption (1,136 ) (56 ) (292) Rates of compensation increase 1% decrease in assumption (287 ) – 1 – 1 1% increase in assumption 276 – 1 – 1 Life expectancy 1 year decrease in assumption (176 ) (14 ) (89 ) 1 year increase in assumption 173 14 89 Health care cost initial trend rate 1% decrease in assumption n/a (11 ) n/a 1% increase in assumption n/a 13 n/a 1 An absolute change in this assumption is immaterial.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Summary of Provision for (Recovery of) Income Taxes	The provision for (recovery of) income taxes is comprised of the following: Provision for (Recovery of) Income Taxes (millions of Canadian dollars) For the years ended October 31 2021 2020 2019 Provision for (recovery of) Current income taxes Provision for (recovery of) income taxes for the current period $ 3,370 $ 2,287 $ 2,675 Adjustments in respect of prior years and other (7 ) (70 ) 93 Total current income taxes 3,363 2,217 2,768 Deferred income taxes Provision for (recovery of) deferred income taxes related to the origination and reversal of temporary differences 332 (1,075 ) 54 Effect of changes in tax rates 2 (1 ) 10 Adjustments in respect of prior years and other (76 ) 11 (97 ) Total deferred income taxes 258 (1,065 ) (33 ) Total provision for (recovery of) income taxes – Consolidated Statement of Income 3,621 1,152 2,735 Provision for (recovery of) income taxes – Statement of Other Comprehensive Income Current income taxes 916 406 37 Deferred income taxes (99 ) 705 1,070 Total provision for (recovery of) income taxes – Statement of Other Comprehensive Income 817 1,111 1,107 Income taxes – other non-income related items including business combinations and other adjustments Current income taxes (13 ) (30 ) (7 ) Deferred income taxes (20 ) (194 ) (6 ) (33 ) (224 ) (13 ) Total provision for (recovery of) income taxes 4,405 2,039 3,829 Current income taxes Federal 2,226 1,170 1,256 Provincial 1,548 818 891 Foreign 492 605 651 4,266 2,593 2,798 Deferred income taxes Federal 232 (143 ) 127 Provincial 160 (96 ) 87 Foreign (253 ) (315 ) 817 139 (554 ) 1,031 Total provision for (recovery of) income taxes $ 4,405 $ 2,039 $ 3,829
Summary of Reconciliation to Statutory Income Tax Rate	The Bank’s statutory and effective tax rate is outlined in the following table. Reconciliation to Statutory Income Tax Rate (millions of Canadian dollars, except as noted) 2021 2020 2019 Income taxes at Canadian statutory income tax rate $ 4,498 26.3 % $ 3,141 26.4 % $ 3,502 26.5 % Increase (decrease) resulting from: Dividends received (120 ) (0.7 ) (120 ) (1.0 ) (104 ) (0.8 ) Rate differentials on international operations 1 (787 ) (4.6 ) (1,927 ) (16.2 ) (728 ) (5.5 ) Other – net 30 0.1 58 0.5 65 0.5 Provision for income taxes and effective income tax rate $ 3,621 21.1 % $ 1,152 9.7 % $ 2,735 20.7 % 1 Reflects the impact of the 2020 sale of the Bank’s investment in TD Ameritrade, including the non-taxable revaluation gain, the release of non-taxable cumulative currency translation gains from AOCI, and the release of a deferred tax liability.
Summary of Deferred Tax Assets and Liabilities	Deferred tax assets and liabilities comprise of the following: Deferred Tax Assets and Liabilities (millions of Canadian dollars) As at October 31 October 31 Deferred tax assets Allowance for credit losses $ 1,371 $ 1,705 Trading loans 35 43 Employee benefits 863 834 Pensions – 516 Losses available for carry forward 69 96 Tax credits 35 133 Land, buildings, equipment, and other depreciable assets 146 111 Intangibles 182 87 Other 230 236 Total deferred tax assets 2,931 3,761 Deferred tax liabilities Securities 657 1,404 Pensions 75 – Deferred (income) expense 48 73 Goodwill 130 124 Total deferred tax liabilities 910 1,601 Net deferred tax assets 2,021 2,160 Reflected on the Consolidated Balance Sheet as follows: Deferred tax assets 2,265 2,444 Deferred tax liabilities 1 244 284 Net deferred tax assets $ 2,021 $ 2,160 1 Included in Other liabilities on the Consolidated Balance Sheet.
Summary of Deferred Income Tax Expense (Recovery)	The movement in the net deferred tax asset for the y e Deferred Income Tax Expense (Recovery) (millions of Canadian dollars) 2021 2020 Consolidated Other Business Total Consolidated Other Business Total Deferred income tax expense (recovery) Allowance for credit losses $ 335 $ – $ – $ 335 $ (740 ) $ – $ – $ (740 ) Trading loans 9 – – 9 7 – – 7 Employee benefits (46 ) 17 – (29 ) (23 ) 33 – 10 Pensions (26 ) 617 – 591 (1 ) (171 ) – (172 ) Losses available for carry forward 27 – – 27 (1 ) – – (1 ) Tax credits 98 – – 98 95 – – 95 Land, buildings, equipment, and other depreciable assets (35 ) – – (35 ) (159 ) – (194 ) (353 ) Intangibles (95 ) – – (95 ) (127 ) – – (127 ) Other deferred tax assets 25 – (20 ) 5 (148 ) – – (148 ) Securities (14 ) (733 ) – (747 ) 34 843 – 877 Deferred (income) expense (25 ) – – (25 ) (18 ) – – (18 ) Goodwill 5 – – 5 16 – – 16 Total deferred income tax expense (recovery) $ 258 $ (99 ) $ (20 ) $ 139 $ (1,065 ) $ 705 $ (194 ) $ (554 )

Earnings per Share (Tables)

Earnings per Share (Tables)	12 Months Ended
	Oct. 31, 2021
Earnings per share [abstract]
Summary of Earnings Per Share	The following table presents the Bank’s basic and diluted earnings per share for the years ended October 31, 2021, October 31, 2020, and October 31, 2019. Basic and Diluted Earnings Per Share (millions of Canadian dollars, except as noted) For the years ended October 31 2021 2020 2019 Basic earnings per share Net income attributable to common shareholders $ 14,049 $ 11,628 $ 11,416 Weighted-average number of common shares outstanding (millions) 1,817.7 1,807.3 1,824.2 Basic earnings per share $ 7.73 $ 6.43 $ 6.26 Diluted earnings per share Net income attributable to common shareholders $ 14,049 $ 11,628 $ 11,416 Net income available to common shareholders including impact of dilutive securities 14,049 11,628 11,416 Weighted-average number of common shares outstanding (millions) 1,817.7 1,807.3 1,824.2 Effect of dilutive securities Stock options potentially exercisable (millions) 1 2.5 1.5 3.1 Weighted-average number of common shares outstanding – diluted (millions) 1,820.2 1,808.8 1,827.3 Diluted earnings per share 1 $ 7.72 $ 6.43 $ 6.25 1 For the years ended October 31, 2021 and October 31, 2019, no outstanding options were excluded from the computation of diluted earnings per share. For the year ended October 31, 2020, the computation of diluted earnings per share excluded average options outstanding of 7.5 million with a weighted-average exercise price of $70.04, as the option price was greater than the average market price of the Bank’s common shares.

Provisions, Contingent Liabil_2

Provisions, Contingent Liabilities, Commitments, Guarantees, Pledged Assets, and Collateral (Tables)	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Summary of Bank's Provisions	The following table summarizes the Bank’s provisions recorded in other liabilities. Provisions (millions of Canadian dollars) Restructuring Litigation and 1 Total Balance as at November 1, 2020 $ 90 $ 392 $ 482 Additions 58 203 261 Amounts used (72 ) (187 ) (259 ) Release of unused amounts (11 ) (8 ) (19 ) Foreign currency translation adjustments and other (8 ) (9 ) (17 ) Balance as at October 31, 2021, before allowance for credit losses for off-balance sheet instruments $ 57 $ 391 $ 448 Add: Allowance for credit losses for off-balance sheet instruments 2 856 Balance as at October 31, 2021 $ 1,304 1 Includes onerous contracts for non-lease payments including taxes and estimated operating expenses which are included in Occupancy, including depreciation on the Consolidated Statement of Income. 2 Refer to Note 8 for further details.
Summary of Credit Instruments	The values of credit instruments reported as follows represent the maximum amount of additional credit that the Bank could be obligated to extend should contracts be fully utilized. Credit Instruments (millions of Canadian dollars) As at October 31 October 31 Financial and performance standby letters of credit $ 31,153 $ 30,849 Documentary and commercial letters of credit 209 107 Commitments to extend credit 1 Original term-to-maturity of one year or less 54,563 66,902 Original term-to-maturity of more than one year 173,489 166,142 Total $ 259,414 $ 264,000 1 Commitments to extend credit exclude personal lines of credit and credit card lines, which are unconditionally cancellable at the Bank’s discretion at any time.
Details of Assets Pledged Against Liabilities and Collateral Assets Held or Re-pledged	Details of assets pledged against liabilities and collateral assets held or repledged are shown in the following table: Sources and Uses of Pledged Assets and Collateral 1 (millions of Canadian dollars) As at October 31 October 31 Sources of pledged assets and collateral Bank assets Cash and due from banks $ 223 $ 205 Interest-bearing deposits with banks 6,580 5,328 Loans 85,698 112,190 Securities 98,199 103,334 Other assets 475 422 191,175 221,479 Third-party assets 2 Collateral received and available for sale or repledging 354,873 336,325 Less: Collateral not repledged (85,248 ) (90,177 ) 269,625 246,148 460,800 467,627 Uses of pledged assets and collateral 3 Derivatives 14,864 12,002 Obligations related to securities sold under repurchase agreements 170,314 189,659 Securities borrowing and lending 119,916 104,085 Obligations related to securities sold short 34,424 32,770 Securitization 29,030 32,513 Covered bond 31,152 41,434 Clearing systems, payment systems, and depositories 9,261 8,976 Foreign governments and central banks 1,010 1,148 Other 50,829 45,040 Total $ 460,800 $ 467,627 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current year. 2 Includes collateral received from reverse repurchase agreements, securities borrowing, margin loans, and other client activity. 3 Includes $ 48.7

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Oct. 31, 2021
Text Block [Abstract]
Summary of Compensation of Key Management Personnel and Directors	The remuneration of key management personnel was as follows: Compensation (millions of Canadian dollars) For the years ended October 31 2021 2020 2019 Short-term employee benefits $ 31 $ 27 $ 33 Post-employment benefits 1 1 2 Share-based payments 39 30 35 Total $ 71 $ 58 $ 70

Segmented Information (Tables)

Segmented Information (Tables)	12 Months Ended
	Oct. 31, 2021
Disclosure of operating segments [abstract]
Summary of Results by Business Segment	The following table summarizes the segment results for the years ended October 31, 2021, October 31, 2020, and October 31, 2019. Results by Business Segment 1,2 (millions of Canadian dollars) For the years ended October 31 2021 Canadian U.S. Retail Wholesale 3 Corporate 3 Total Net interest income (loss) $ 11,957 $ 8,074 $ 2,630 $ 1,470 $ 24,131 Non-interest income (loss) 13,549 2,684 2,070 259 18,562 Total revenue 25,506 10,758 4,700 1,729 42,693 Provision for (recovery of) credit losses 258 (250 ) (118 ) (114 ) (224 ) Insurance claims and related expenses 2,707 – – – 2,707 Non-interest expenses 11,003 6,417 2,709 2,947 23,076 Income (loss) before income taxes and share of net income from investment in Schwab 11,538 4,591 2,109 (1,104 ) 17,134 Provision for (recovery of) income taxes 3,057 504 539 (479 ) 3,621 Share of net income from investment in Schwab 4,5 – 898 – (113 ) 785 Net income (loss) $ 8,481 $ 4,985 $ 1,570 $ (738 ) $ 14,298 Total assets as at October 31, 2021 $ 509,436 $ 559,503 $ 514,681 $ 145,052 $ 1,728,672 2020 Net interest income (loss) $ 12,061 $ 8,834 $ 1,990 $ 1,612 $ 24,497 Non-interest income (loss) 12,272 2,438 2,968 1,471 19,149 Total revenue 24,333 11,272 4,958 3,083 43,646 Provision for (recovery of) credit losses 2,746 2,925 508 1,063 7,242 Insurance claims and related expenses 2,886 – – – 2,886 Non-interest expenses 10,441 6,579 2,518 2,066 21,604 Income (loss) before income taxes and share of net income from investment in TD Ameritrade 8,260 1,768 1,932 (46 ) 11,914 Provision for (recovery of) income taxes 2,234 (167 ) 514 (1,429 ) 1,152 Share of net income from investment in TD Ameritrade 5 – 1,091 – 42 1,133 Net income (loss) $ 6,026 $ 3,026 $ 1,418 $ 1,425 $ 11,895 Total assets as at October 31, 2020 $ 472,370 $ 566,629 $ 512,886 $ 163,980 $ 1,715,865 2019 Net interest income (loss) $ 12,349 $ 8,951 $ 911 $ 1,610 $ 23,821 Non-interest income (loss) 11,877 2,840 2,320 207 17,244 Total revenue 24,226 11,791 3,231 1,817 41,065 Provision for (recovery of) credit losses 1,306 1,082 44 597 3,029 Insurance claims and related expenses 2,787 – – – 2,787 Non-interest expenses 10,735 6,411 2,393 2,481 22,020 Income (loss) before income taxes and share of net income from investment in TD Ameritrade 9,398 4,298 794 (1,261 ) 13,229 Provision for (recovery of) income taxes 2,535 471 186 (457 ) 2,735 Share of net income from investment in TD Ameritrade 5 – 1,154 – 38 1,192 Net income (loss) $ 6,863 $ 4,981 $ 608 $ (766 ) $ 11,686 Total assets as at October 31, 2019 $ 452,163 $ 436,086 $ 458,420 $ 68,621 $ 1,415,290 1 Certain comparative amounts have been reclassified to conform with the presentation adopted in the current year. 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 expenses, resulting in no impact to Corporate reported Net income (loss). The Net income (loss) included in the U.S. Retail segment includes only the portion of revenue and credit losses attributable to the Bank under the agreements. 3 Net interest income within Wholesale Banking is calculated on a TEB. The TEB adjustment reflected in Wholesale Banking is reversed in the Corporate segment. 4 The after-tax amounts for amortization of acquired intangibles and the Bank’s share of acquisition and integration charges associated with Schwab’s acquisition of TD Ameritrade are recorded in the Corporate segment. 5 The Bank’s share of Schwab’s and TD Ameritrade’s earnings is reported with a one-month lag. Refer to Note 12 for further details.
Summary of Results by Geographic Location	Results by Geography 1 (millions of Canadian dollars) For the years As at October 31 2021 2021 Total revenue Total assets Canada $ 26,664 $ 935,856 United States 14,091 652,829 Other international 1,938 139,987 Total $ 42,693 $ 1,728,672 2020 2020 Canada $ 24,141 $ 916,798 United States 15,213 679,369 Other international 4,292 119,698 Total $ 43,646 $ 1,715,865 2019 2019 Canada $ 23,681 $ 769,314 United States 15,396 524,397 Other international 1,988 121,579 Total $ 41,065 $ 1,415,290 1 Certain comparative amounts have been reclassified to conform with the presentation adopted in the current year.

Interest Income and Expense (Ta

Interest Income and Expense (Tables)	12 Months Ended
	Oct. 31, 2021
Analysis of income and expense [abstract]
Summary of Interest Income and Expenses by Basis of Accounting Classification	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 years ended October 31 2021 2020 Interest income Interest expense Interest income Interest expense Measured at amortized cost 2 $ 25,641 $ 3,394 $ 30,933 $ 6,547 Measured at FVOCI 576 n/a 1,543 n/a 26,217 3,394 32,476 6,547 Not measured at amortized cost or FVOCI 3 3,364 2,056 3,357 4,789 Total $ 29,581 $ 5,450 $ 35,833 $ 11,336 1 Certain comparative amounts have been restated to conform with the presentation adopted in the current year. 2 Includes interest expense on lease liabilities for the year ended October 31, 2021 of $ 144 153 . 3 Includes interest income, interest expense, and dividend income for financial instruments that are measured or designated at FVTPL and equities designated at FVOCI.

Credit Risk (Tables)

Credit Risk (Tables)	12 Months Ended
	Oct. 31, 2021
Disclosure of credit risk exposure [abstract]
Summary of Concentration of Credit Risk	Concentration of Credit Risk (millions of Canadian dollars, As at except as noted) Loans and customers liability 1,2 Credit Instruments 3,4 Derivative financial 5,6 October 31 October 31 October 31 October 31 October 31 October 31 Canada 70 % 66 % 36 % 37 % 25 % 24 % United States 29 33 59 59 34 27 United Kingdom – – 1 1 13 22 Europe – other – – 3 2 18 18 Other international 1 1 1 1 10 9 Total 100 % 100 % 100 % 100 % 100 % 100 % $ 742,672 $ 734,958 $ 259,414 $ 264,000 $ 49,929 $ 51,225 1 Of the total loans and customers’ liability under acceptances, the only industry segment which equalled or exceeded 5 2 Includes loans that are measured at FVOCI. 3 As at October 31, 2021, the Bank had commitments and contingent liability contracts in the amount of $259 billion (October 31, 2020 – $264 billion). Included are commitments to extend credit totalling $228 billion (October 31, 2020 – $233 billion), of which the credit risk is dispersed as detailed in the table above. 4 Of the commitments to extend credit, industry segments which equalled or exceeded 5% of the total concentration were as follows as at October 31, 2021: financial institutions 21% (October 31, 2020 – 21%); automotive 9% (October 31, 2020 – 9%); pipelines, oil and gas 8% (October 31, 2020 – 10%); power and utilities 7% (October 31, 2020 – 8%); sundry manufacturing and wholesale 7% (October 31, 2020 – 7%); professional and other services 7% (October 31, 2020 – 6%); telecommunications, cable, and media 6% (October 31, 2020 – 6%). 5 As at October 31, 2021, the current replacement cost of derivative financial instruments, excluding the impact of master netting agreements and collateral, amounted to $50 billion (October 31, 2020 – $51 billion). Based on the location of the ultimate counterparty, the credit risk was allocated as detailed in the table above. The table excludes the fair value of exchange traded derivatives. 6 The largest concentration by counterparty type was with financial institutions (including non-banking financial institutions), which accounted for 70% of the total as at October 31, 2021 (October 31, 2020 – 64%). The second largest concentration was with governments, which accounted for 19% of the total as at October 31, 2021 (October 31, 2020 – 24%). No other industry segment exceeded 5% of the total.
Summary of Gross Maximum Credit Risk Exposure	The following table presents the maximum exposure to credit risk of financial instruments, before taking account of any collateral held or other credit enhancements. Gross Maximum Credit Risk Exposure (millions of Canadian dollars) As at October 31 October 31 Cash and due from banks $ 5,931 $ 6,445 Interest-bearing deposits with banks 159,962 164,149 Securities 1 Financial assets designated at fair value through profit or loss Government and government-insured securities 2,161 2,069 Other debt securities 2,403 2,668 Trading Government and government-insured securities 42,048 59,037 Other debt securities 18,365 18,968 Retained interest 9 14 Non-trading securities at fair value through profit or loss Government and government-insured securities 155 388 Other debt securities 6,320 4,114 Securities at fair value through other comprehensive income Government and government-insured securities 57,780 78,283 Other debt securities 15,085 19,901 Debt securities at amortized cost Government and government-insured securities 208,559 174,593 Other debt securities 60,380 53,086 Securities purchased under reverse purchase agreements 167,284 169,162 Derivatives 2 54,427 54,242 Loans Residential mortgages 268,079 251,915 Consumer instalment and other personal 188,291 183,440 Credit card 28,933 29,778 Business and government 237,319 252,390 Trading loans 12,405 12,959 Non-trading loans at fair value through profit or loss 2,337 3,718 Loans at fair value through other comprehensive income 1,602 2,502 Customers’ liability under acceptances 18,448 14,941 Amounts receivable from brokers, dealers, and clients 32,357 33,951 Other assets 5,927 7,326 Total assets 1,596,567 1,600,039 Credit instruments 3 259,414 264,000 Unconditionally cancellable commitments to extend credit relating to personal lines of credit and credit card lines 318,025 320,823 Total credit exposure $ 2,174,006 $ 2,184,862 1 Excludes equity securities. 2 The carrying amount of the derivative assets represents the maximum credit risk exposure related to derivative contracts. 3 The balance represents the maximum amount of additional funds that the Bank could be obligated to extend should the contracts be fully utilized. The actual maximum exposure may differ from the amount reported above. Refer to Note 27 for further details.

Regulatory Capital (Tables)

Regulatory Capital (Tables)	12 Months Ended
	Oct. 31, 2021
Regulatory Capital
Summary of Regulatory Capital Position	The following table summarizes the Bank’s regulatory capital position as at October 31, 2021 and October 31, 2020. Regulatory Capital Position 1 (millions of Canadian dollars, except as noted) As at October 31 October 31 Capital Common Equity Tier 1 Capital $ 69,937 $ 62,616 Tier 1 Capital 75,716 69,091 Total Capital 87,987 80,021 Risk-weighted assets used in the calculation of capital ratios 460,270 478,909 Capital and leverage ratios Common Equity Tier 1 Capital ratio 15.2 % 13.1 % Tier 1 Capital ratio 16.5 14.4 Total Capital ratio 19.1 16.7 Leverage ratio 4.8 4.5 1 Includes capital adjustments provided by OSFI in response to the COVID-19 pandemic. Refer to “Capital Position” section of the MD&A for additional detail.

Information on Subsidiaries (Ta

Information on Subsidiaries (Tables)	12 Months Ended
	Oct. 31, 2021
Investments accounted for using equity method [abstract]
List of the Directly or Indirectly Held Significant Subsidiaries	The following is a list of the directly or indirectly held significant subsidiaries. SIGNIFICANT SUBSIDIARIES 1 (millions of Canadian dollars) October 31, 2021 North America Address of Head or Principal Office 2 Carrying value of shares 3 Meloche Monnex Inc. Montreal, Québec $ 2,354 Security National Insurance Company Montreal, Québec Primmum Insurance Company Toronto, Ontario TD Direct Insurance Inc. Toronto, Ontario TD General Insurance Company Toronto, Ontario TD Home and Auto Insurance Company Toronto, Ontario TD Wealth Holdings Canada Limited Toronto, Ontario 5,085 TD Asset Management Inc. Toronto, Ontario GMI Servicing Inc. Regina, Saskatchewan TD Waterhouse Private Investment Counsel Inc. Toronto, Ontario TD Waterhouse Canada Inc. Toronto, Ontario TD Auto Finance (Canada) Inc. Toronto, Ontario 3,321 TD Group US Holdings LLC Wilmington, Delaware 68,575 Toronto Dominion Holdings (U.S.A.), Inc. New York, New York TD Prime Services LLC New York, New York TD Securities Automated Trading LLC Chicago, Illinois TD Securities (USA) LLC New York, New York Toronto Dominion (Texas) LLC New York, New York Toronto Dominion (New York) LLC New York, New York Toronto Dominion Capital (U.S.A.), Inc. New York, New York Toronto Dominion Investments, Inc. New York, New York TD Bank US Holding Company Cherry Hill, New Jersey Epoch Investment Partners, Inc. New York, New York TDAM USA Inc. New York, New York TD Bank USA, National Association Cherry Hill, New Jersey TD Bank, National Association Cherry Hill, New Jersey TD Auto Finance LLC Farmington Hills, Michigan TD Equipment Finance, Inc. Cherry Hill, New Jersey TD Private Client Wealth LLC New York, New York TD Wealth Management Services Inc. Mt. Laurel, New Jersey TD Investment Services Inc. Toronto, Ontario 38 TD Life Insurance Company Toronto, Ontario 93 TD Mortgage Corporation Toronto, Ontario 11,041 TD Pacific Mortgage Corporation Vancouver, British Columbia The Canada Trust Company Toronto, Ontario TD Securities Inc. Toronto, Ontario 2,656 TD Vermillion Holdings Limited Toronto, Ontario 27,487 TD Financial International Ltd. Hamilton, Bermuda TD Reinsurance (Barbados) Inc. St. James, Barbados International TD Ireland Unlimited Company Dublin, Ireland 1,322 TD Global Finance Unlimited Company Dublin, Ireland TD Securities (Japan) Co. Ltd. Tokyo, Japan 12 Toronto Dominion Australia Limited Sydney, Australia 100 Toronto Dominion Investments B.V. London, England 1,022 TD Bank Europe Limited London, England Toronto Dominion Holdings (U.K.) Limited London, England TD Securities Limited London, England Toronto Dominion (South East Asia) Limited Singapore, Singapore 1,054 1 Unless otherwise noted, The Toronto-Dominion Bank, either directly or through its subsidiaries, owns 100% of the entity and/or 100% of any issued and outstanding voting securities and non-voting securities of the entities listed. 2 Each subsidiary is incorporated or organized in the country in which its head or principal office is located, with the exception of Toronto Dominion Investments B.V., a company incorporated in The Netherlands, but with its principal office in the United Kingdom. 3 Carrying amounts are prepared for purposes of meeting the disclosure requirements of Section 308 (3)(a)(ii) of the Bank Act

Portfolio Market Risk Measures

Portfolio Market Risk Measures (Details) - Credit risk [member]	12 Months Ended
	Oct. 31, 2021
Default [member] | PD segment 9 [member]
Disclosure of credit risk exposure [line items]
PD Range	100.00%
Bottom of range [member] | Low risk [member] | PD segment 1 [member]
Disclosure of credit risk exposure [line items]
PD Range	0.00%
Bottom of range [member] | Normal risk [member] | PD segment 2 [member]
Disclosure of credit risk exposure [line items]
PD Range	0.16%
Bottom of range [member] | Normal risk [member] | PD segment 3 [member]
Disclosure of credit risk exposure [line items]
PD Range	0.42%
Bottom of range [member] | Medium Risk [member] | PD segment 4 [member]
Disclosure of credit risk exposure [line items]
PD Range	1.11%
Bottom of range [member] | Medium Risk [member] | PD segment 5 [member]
Disclosure of credit risk exposure [line items]
PD Range	2.94%
Bottom of range [member] | High risk [Member] | PD segment 6 [member]
Disclosure of credit risk exposure [line items]
PD Range	4.75%
Bottom of range [member] | High risk [Member] | PD segment 7 [member]
Disclosure of credit risk exposure [line items]
PD Range	7.60%
Bottom of range [member] | High risk [Member] | PD segment 8 [member]
Disclosure of credit risk exposure [line items]
PD Range	18.25%
Top of range [member] | Low risk [member] | PD segment 1 [member]
Disclosure of credit risk exposure [line items]
PD Range	0.15%
Top of range [member] | Normal risk [member] | PD segment 2 [member]
Disclosure of credit risk exposure [line items]
PD Range	0.41%
Top of range [member] | Normal risk [member] | PD segment 3 [member]
Disclosure of credit risk exposure [line items]
PD Range	1.10%
Top of range [member] | Medium Risk [member] | PD segment 4 [member]
Disclosure of credit risk exposure [line items]
PD Range	2.93%
Top of range [member] | Medium Risk [member] | PD segment 5 [member]
Disclosure of credit risk exposure [line items]
PD Range	4.74%
Top of range [member] | High risk [Member] | PD segment 6 [member]
Disclosure of credit risk exposure [line items]
PD Range	7.59%
Top of range [member] | High risk [Member] | PD segment 7 [member]
Disclosure of credit risk exposure [line items]
PD Range	18.24%
Top of range [member] | High risk [Member] | PD segment 8 [member]
Disclosure of credit risk exposure [line items]
PD Range	99.99%

Schedule of BRR Scale Aligned t

Schedule of BRR Scale Aligned to External Ratings (Details) - Credit risk [member]	12 Months Ended
	Oct. 31, 2021
Investment grade [member] | Rating category 0 to 1C [member]
Disclosure of credit risk exposure [line items]
Standard and Poor's	AAA to AA-
Moody's Investor Services	Aaa to Aa3
Investment grade [member] | Rating category 2A to 2C [member]
Disclosure of credit risk exposure [line items]
Standard and Poor's	A+ to A-
Moody's Investor Services	A1 to A3
Investment grade [member] | Rating category 3A to 3C [member]
Disclosure of credit risk exposure [line items]
Standard and Poor's	BBB+ to BBB-
Moody's Investor Services	Baa1 to Baa3
Non investment grade [member] | Rating category 4A to 4C [member]
Disclosure of credit risk exposure [line items]
Standard and Poor's	BB+ to BB-
Moody's Investor Services	Ba1 to Ba3
Non investment grade [member] | Rating category 5A to 5C [member]
Disclosure of credit risk exposure [line items]
Standard and Poor's	B+ to B-
Moody's Investor Services	B1 to B3
Watch and classified [member] | Rating category 6 to 8 [member]
Disclosure of credit risk exposure [line items]
Standard and Poor's	CCC+ to CC and below
Moody's Investor Services	Caa1 to Ca and below
Impaired/default [member] | Rating category 9A to 9B [member]
Disclosure of credit risk exposure [line items]
Standard and Poor's	Default
Moody's Investor Services	Default

Credit Risk Exposures Subject t

Credit Risk Exposures Subject to the SA (Details) - Credit risk [member]	12 Months Ended
	Oct. 31, 2021
Disclosure of credit risk exposure [line items]
Risk weights under SA, Sovereign	0.00%
Risk weights under SA, Bank	20.00%
Risk weights under SA, Corporate	100.00%

Credit Risk (Details Narrative)

Credit Risk (Details Narrative)	12 Months Ended
	Oct. 31, 2021
Later than three months [member]
Disclosure of credit risk exposure [line items]
Risk weight of non-retail loans that are more than 90 days past due	150.00%
Credit risk [member]
Disclosure of credit risk exposure [line items]
Risk weights Under the simple risk weight method to equity holding	300.00%
Risk weights Under the simple risk weight method to other equity holding that are publicly traded	400.00%
Risk weights under SA, Sovereign	0.00%
Risk weights under SA, Bank	20.00%
Risk weights under SA, Corporate	100.00%

Market Risk (Details Narrative)

Market Risk (Details Narrative) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 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	16 days
Positive trading days	94.00%
Percentage of P&C deposits in total funding	75.00%
100 bps increase [member]
Market Risk [line items]
EVE Sensitivity	$ (1,368)	$ (1,876)
Increase (decrease) to economic value of shareholders equity from prior period	(508)
NII Sensitivity	1,857	1,926
Increase (decrease) to net interest income from last period	(69)
100 bps decrease [member]
Market Risk [line items]
EVE Sensitivity	338	277
Increase (decrease) to economic value of shareholders equity from prior period	61
NII Sensitivity	(1,101)	$ (872)
Increase (decrease) to net interest income from last period	$ 229

Market Risk - Portfolio Market

Market Risk - Portfolio Market Risk Measures (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Market Risk [line items]
Total VaR (one-day measure)	$ 23.1	$ 51.4
Stressed Value-at-Risk (one-day)	63.9	49.5
Incremental Risk Capital Charge (one-year)	338.3	301.6
Interest rate risk [member]
Market Risk [line items]
Total VaR (one-day measure)	11.9	20.6
Credit risk [member]
Market Risk [line items]
Total VaR (one-day measure)	9	37.3
Equity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	9.2	12
Currency risk [member]
Market Risk [line items]
Total VaR (one-day measure)	1.8	4
Commodity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	4.7	3.8
Idiosyncratic debt specific risk [member]
Market Risk [line items]
Total VaR (one-day measure)	19.4	48.9
Risk diversification effect [member]
Market Risk [line items]
Total VaR (one-day measure)	(32.9)	(75.2)
Average risk [member]
Market Risk [line items]
Total VaR (one-day measure)	29.9	46.6
Stressed Value-at-Risk (one-day)	39.5	57.4
Incremental Risk Capital Charge (one-year)	349.5	325.2
Average risk [member] | Interest rate risk [member]
Market Risk [line items]
Total VaR (one-day measure)	15.7	19.1
Average risk [member] | Credit risk [member]
Market Risk [line items]
Total VaR (one-day measure)	14.7	35.1
Average risk [member] | Equity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	9.5	12.7
Average risk [member] | Currency risk [member]
Market Risk [line items]
Total VaR (one-day measure)	1.9	3.9
Average risk [member] | Commodity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	4.7	3.7
Average risk [member] | Idiosyncratic debt specific risk [member]
Market Risk [line items]
Total VaR (one-day measure)	26.2	37
Average risk [member] | Risk diversification effect [member]
Market Risk [line items]
Total VaR (one-day measure)	(42.8)	(64.9)
High risk [member]
Market Risk [line items]
Total VaR (one-day measure)	44.7	118.8
Stressed Value-at-Risk (one-day)	63.9	126.9
Incremental Risk Capital Charge (one-year)	424.3	482.9
High risk [member] | Interest rate risk [member]
Market Risk [line items]
Total VaR (one-day measure)	33.5	36.8
High risk [member] | Credit risk [member]
Market Risk [line items]
Total VaR (one-day measure)	37.2	109.3
High risk [member] | Equity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	14.1	42.8
High risk [member] | Currency risk [member]
Market Risk [line items]
Total VaR (one-day measure)	5.3	10.4
High risk [member] | Commodity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	9.4	7.9
High risk [member] | Idiosyncratic debt specific risk [member]
Market Risk [line items]
Total VaR (one-day measure)	41.9	69.5
Low risk [member]
Market Risk [line items]
Total VaR (one-day measure)	20.6	15.1
Stressed Value-at-Risk (one-day)	28.5	31.3
Incremental Risk Capital Charge (one-year)	265.1	164.8
Low risk [member] | Interest rate risk [member]
Market Risk [line items]
Total VaR (one-day measure)	6.8	7.6
Low risk [member] | Credit risk [member]
Market Risk [line items]
Total VaR (one-day measure)	5.4	6.9
Low risk [member] | Equity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	6	3.5
Low risk [member] | Currency risk [member]
Market Risk [line items]
Total VaR (one-day measure)	0.4	0.9
Low risk [member] | Commodity price risk [member]
Market Risk [line items]
Total VaR (one-day measure)	1.9	1.2
Low risk [member] | Idiosyncratic debt specific risk [member]
Market Risk [line items]
Total VaR (one-day measure)	$ 16.5	$ 10.9

Structural Interest Rate Sensit

Structural Interest Rate Sensitivity Measures (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
100 bps increase [member]
Structural Interest Rate Sensitivity Measures [Line Items]
EVE Sensitivity	$ (1,368)	$ (1,876)
NII Sensitivity	1,857	1,926
100 bps decrease [member]
Structural Interest Rate Sensitivity Measures [Line Items]
EVE Sensitivity	338	277
NII Sensitivity	(1,101)	$ (872)
Canada [member] | 100 bps increase [member]
Structural Interest Rate Sensitivity Measures [Line Items]
EVE Sensitivity	75
NII Sensitivity	872
Canada [member] | 100 bps decrease [member]
Structural Interest Rate Sensitivity Measures [Line Items]
EVE Sensitivity	(189)
NII Sensitivity	(663)
United States [member] | 100 bps increase [member]
Structural Interest Rate Sensitivity Measures [Line Items]
EVE Sensitivity	(1,443)
NII Sensitivity	985
United States [member] | 100 bps decrease [member]
Structural Interest Rate Sensitivity Measures [Line Items]
EVE Sensitivity	527
NII Sensitivity	$ (438)

Summary of Liquid Assets by Typ

Summary of Liquid Assets by Type and Currency (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	$ 601,604	$ 608,548
Securities received as collateral from securities financing and derivative transactions	272,051	272,743
Total liquid assets	$ 873,655	$ 881,291
% of total	100.00%	100.00%
Encumbered liquid assets	$ 293,999	$ 300,401
Unencumbered liquid assets	579,656	580,890
Canadian Dollar [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	173,895	211,866
Securities received as collateral from securities financing and derivative transactions	124,999	113,181
Total liquid assets	$ 298,894	$ 325,047
% of total	34.00%	37.00%
Encumbered liquid assets	$ 134,152	$ 130,486
Unencumbered liquid assets	164,742	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	70,271	94,640
Total liquid assets	$ 70,271	$ 94,640
% of total	8.00%	11.00%
Encumbered liquid assets	$ 798	$ 1,689
Unencumbered liquid assets	69,473	92,951
Canadian Dollar [member] | Canadian government obligations [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	26,176	39,008
Securities received as collateral from securities financing and derivative transactions	92,825	83,258
Total liquid assets	$ 119,001	$ 122,266
% of total	14.00%	14.00%
Encumbered liquid assets	$ 83,456	$ 80,934
Unencumbered liquid assets	35,545	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	23,615	30,763
Securities received as collateral from securities financing and derivative transactions	2	23
Total liquid assets	$ 23,617	$ 30,786
% of total	3.00%	3.00%
Encumbered liquid assets	$ 1,104	$ 2,294
Unencumbered liquid assets	22,513	28,492
Canadian Dollar [member] | Provincial government obligations [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	30,213	22,999
Securities received as collateral from securities financing and derivative transactions	24,808	24,441
Total liquid assets	$ 55,021	$ 47,440
% of total	6.00%	6.00%
Encumbered liquid assets	$ 37,142	$ 34,990
Unencumbered liquid assets	17,879	12,450
Canadian Dollar [member] | Corporate issuer obligations [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	9,062	11,310
Securities received as collateral from securities financing and derivative transactions	3,775	2,841
Total liquid assets	$ 12,837	$ 14,151
% of total	1.00%	1.00%
Encumbered liquid assets	$ 2,542	$ 2,331
Unencumbered liquid assets	10,295	11,820
Canadian Dollar [member] | Equities [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	14,558	13,146
Securities received as collateral from securities financing and derivative transactions	3,589	2,618
Total liquid assets	$ 18,147	$ 15,764
% of total	2.00%	2.00%
Encumbered liquid assets	$ 9,110	$ 8,248
Unencumbered liquid assets	9,037	7,516
Other than Canadian dollar [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	427,709	396,682
Securities received as collateral from securities financing and derivative transactions	147,052	159,562
Total liquid assets	$ 574,761	$ 556,244
% of total	66.00%	63.00%
Encumbered liquid assets	$ 159,847	$ 169,915
Unencumbered liquid assets	414,914	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	84,956	69,183
Total liquid assets	$ 84,956	$ 69,183
% of total	10.00%	8.00%
Encumbered liquid assets	$ 120	$ 51
Unencumbered liquid assets	84,836	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	79,108	78,238
Securities received as collateral from securities financing and derivative transactions	3,143	2,108
Total liquid assets	$ 82,251	$ 80,346
% of total	9.00%	9.00%
Encumbered liquid assets	$ 10,268	$ 8,297
Unencumbered liquid assets	71,983	72,049
Other than Canadian dollar [member] | Equities [member]
Disclosure of liquid assets by type and currency [line items]
Bank-owned liquid assets	41,961	31,258
Securities received as collateral from securities financing and derivative transactions	33,280	38,684
Total liquid assets	$ 75,241	$ 69,942
% of total	9.00%	8.00%
Encumbered liquid assets	$ 38,077	$ 36,716
Unencumbered liquid assets	37,164	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	83,386	82,701
Securities received as collateral from securities financing and derivative transactions	44,924	53,755
Total liquid assets	$ 128,310	$ 136,456
% of total	15.00%	15.00%
Encumbered liquid assets	$ 34,903	$ 53,585
Unencumbered liquid assets	93,407	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	74,898	74,131
Securities received as collateral from securities financing and derivative transactions	5,082	9,566
Total liquid assets	$ 79,980	$ 83,697
% of total	9.00%	9.00%
Encumbered liquid assets	$ 18,949	$ 21,495
Unencumbered liquid assets	61,031	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	63,400	61,171
Securities received as collateral from securities financing and derivative transactions	60,623	55,449
Total liquid assets	$ 124,023	$ 116,620
% of total	14.00%	14.00%
Encumbered liquid assets	$ 57,530	$ 49,771
Unencumbered liquid assets	$ 66,493	$ 66,849

Liquidity Risk (Details Narrati

Liquidity Risk (Details Narrative) $ in Billions	12 Months Ended
	Oct. 31, 2021CAD ($)
Liquidity Risk [Abstract]
Decrease in unencumbered liquid assets	$ 1.2

Summary of Unencumbered Liquid

Summary of Unencumbered Liquid Assets by Bank, Subsidiaries, and Branches (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure Of Unencumbered Assets [line items]
Unencumbered liquid assets	$ 579,656	$ 580,890
Toronto-Dominion Bank [member]
Disclosure Of Unencumbered Assets [line items]
Unencumbered liquid assets	204,543	230,369
Bank subsidiaries [member]
Disclosure Of Unencumbered Assets [line items]
Unencumbered liquid assets	360,569	334,308
Foreign branches [member]
Disclosure Of Unencumbered Assets [line items]
Unencumbered liquid assets	$ 14,544	$ 16,213

Summary Of Deposit Funding (Det

Summary Of Deposit Funding (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure Of Deposits [line items]
Funds from Deposits	$ 992,208	$ 949,281
Canadian Retail [Member] | P&C Deposits [member]
Disclosure Of Deposits [line items]
Funds from Deposits	519,466	471,543
U.S. Retail [Member] | P&C Deposits [member]
Disclosure Of Deposits [line items]
Funds from Deposits	$ 472,742	$ 477,738

Summary of Remaining Contractua

Summary of Remaining Contractual Maturity (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Assets
Cash and due from banks	$ 5,931	$ 6,445	$ 4,863	$ 4,735
Interest-bearing deposits with banks	159,962	164,149
Trading loans, securities, and other	147,590	148,318
Non-trading financial assets at fair value through profit or loss	9,390	8,548
Derivatives	54,427	54,242
Financial assets designated at fair value through profit or loss	4,564	4,739
Financial assets at fair value through other comprehensive income	79,066	103,285
Debt securities at amortized cost, net of allowance for credit losses	268,939	227,679
Securities purchased under reverse repurchase agreements	167,284	169,162
Loans
Residential mortgages	268,340	252,219
Consumer instalment and other personal	189,864	185,460
Credit card	30,738	32,334
Business and government	240,070	255,799
Total loans	729,012	725,812
Allowance for loan losses	(6,390)	(8,289)
Loans, net of allowance for loan losses	722,622	717,523
Customers' liability under acceptances	18,448	14,941
Goodwill	16,232	17,148	16,976
Other intangibles	2,123	2,125
Land, buildings, equipment, and other depreciable assets	9,181	10,136
Deferred tax assets	2,265	2,444
Amounts receivable from brokers, dealers, and clients	32,357	33,951
Other assets	17,179	18,856
Total assets	1,728,672	1,715,865	1,415,290
Liabilities
Trading deposits	22,891	19,177
Derivatives	57,122	53,203
Securitization liabilities at fair value	13,505	13,718
Financial liabilities designated at fair value through profit or loss	113,988	59,665
Deposits
Personal	633,498	625,200
Banks	20,917	28,969
Business and government	470,710	481,164
Total deposits, other than trading	1,125,125	1,135,333
Acceptances	18,448	14,941
Obligations related to securities sold short	42,384	34,999
Obligations related to securities sold under repurchase agreements	144,097	188,876
Securitization liabilities at amortized cost	15,262	15,768
Amounts payable to brokers, dealers, and clients	28,993	35,143
Insurance-related liabilities	7,676	7,590
Other liabilities	28,133	30,476
Subordinated notes and debentures	11,230	11,477
Equity	99,818	95,499	$ 87,701
Total liabilities and equity	1,728,672	1,715,865
Off-balance sheet commitments
Total off-balance sheet commitments	262,677	266,867
Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	257,341	260,753
Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	3,263	2,867
Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	2,073	3,247
TD Schwab [member]
Loans
Investment in Schwab	11,112	12,174
Not later than one month [member]
Assets
Cash and due from banks	5,931	6,437
Interest-bearing deposits with banks	158,039	161,326
Trading loans, securities, and other	2,020	4,363
Non-trading financial assets at fair value through profit or loss	58	80
Derivatives	6,146	5,299
Financial assets designated at fair value through profit or loss	441	820
Financial assets at fair value through other comprehensive income	1,030	2,501
Debt securities at amortized cost, net of allowance for credit losses	1,235	6,444
Securities purchased under reverse repurchase agreements	92,356	98,721
Loans
Residential mortgages	930	472
Consumer instalment and other personal	641	706
Credit card		0
Business and government	27,691	27,193
Total loans	29,262	28,371
Allowance for loan losses		0
Loans, net of allowance for loan losses	29,262	28,371
Customers' liability under acceptances	16,039	12,699
Goodwill		0
Other intangibles		0
Land, buildings, equipment, and other depreciable assets		0
Deferred tax assets		0
Amounts receivable from brokers, dealers, and clients	32,357	33,951
Other assets	3,100	3,521
Total assets	348,014	364,533
Liabilities
Trading deposits	1,697	1,802
Derivatives	7,387	4,718
Securitization liabilities at fair value		0
Financial liabilities designated at fair value through profit or loss	23,923	18,654
Deposits
Personal	5,799	6,240
Banks	8,903	12,870
Business and government	15,795	25,387
Total deposits, other than trading	30,497	44,497
Acceptances	16,039	12,699
Obligations related to securities sold short	1,096	698
Obligations related to securities sold under repurchase agreements	120,938	122,433
Securitization liabilities at amortized cost		0
Amounts payable to brokers, dealers, and clients	28,993	35,143
Insurance-related liabilities	158	306
Other liabilities	9,008	7,672
Subordinated notes and debentures		0
Equity		0
Total liabilities and equity	239,736	248,622
Off-balance sheet commitments
Total off-balance sheet commitments	14,847	20,548
Not later than one month [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	14,788	19,568
Not later than one month [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	59	77
Not later than one month [member] | Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments		903
Not later than one month [member] | TD Schwab [member]
Loans
Investment in Schwab		0
Later than one month and not later than three months [member]
Assets
Cash and due from banks		8
Interest-bearing deposits with banks	373	656
Trading loans, securities, and other	4,382	6,920
Non-trading financial assets at fair value through profit or loss	3	0
Derivatives	9,393	7,167
Financial assets designated at fair value through profit or loss	311	183
Financial assets at fair value through other comprehensive income	6,532	2,799
Debt securities at amortized cost, net of allowance for credit losses	6,567	23,449
Securities purchased under reverse repurchase agreements	30,580	30,246
Loans
Residential mortgages	2,389	2,845
Consumer instalment and other personal	987	1,423
Credit card		0
Business and government	5,390	4,938
Total loans	8,766	9,206
Allowance for loan losses		0
Loans, net of allowance for loan losses	8,766	9,206
Customers' liability under acceptances	2,327	2,036
Goodwill		0
Other intangibles		0
Land, buildings, equipment, and other depreciable assets	3	1
Deferred tax assets		0
Amounts receivable from brokers, dealers, and clients		0
Other assets	1,049	1,060
Total assets	70,286	83,731
Liabilities
Trading deposits	5,373	2,429
Derivatives	9,392	6,783
Securitization liabilities at fair value	538	608
Financial liabilities designated at fair value through profit or loss	12,526	7,290
Deposits
Personal	9,750	8,996
Banks	338	1,592
Business and government	12,080	24,703
Total deposits, other than trading	22,168	35,291
Acceptances	2,327	2,036
Obligations related to securities sold short	729	1,095
Obligations related to securities sold under repurchase agreements	13,904	23,944
Securitization liabilities at amortized cost	344	1,055
Amounts payable to brokers, dealers, and clients		0
Insurance-related liabilities	273	350
Other liabilities	3,106	3,630
Subordinated notes and debentures		0
Equity		0
Total liabilities and equity	70,680	84,511
Off-balance sheet commitments
Total off-balance sheet commitments	25,218	24,037
Later than one month and not later than three months [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	24,189	23,526
Later than one month and not later than three months [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	170	169
Later than one month and not later than three months [member] | Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	859	342
Later than one month and not later than three months [member] | TD Schwab [member]
Loans
Investment in Schwab		0
Later than three months and not later than six months [member]
Assets
Cash and due from banks		0
Interest-bearing deposits with banks	185	0
Trading loans, securities, and other	5,059	7,866
Non-trading financial assets at fair value through profit or loss	543	600
Derivatives	5,289	4,554
Financial assets designated at fair value through profit or loss	187	631
Financial assets at fair value through other comprehensive income	11,881	8,490
Debt securities at amortized cost, net of allowance for credit losses	8,180	16,052
Securities purchased under reverse repurchase agreements	22,332	23,879
Loans
Residential mortgages	5,050	7,286
Consumer instalment and other personal	2,029	3,437
Credit card		0
Business and government	6,707	8,973
Total loans	13,786	19,696
Allowance for loan losses		0
Loans, net of allowance for loan losses	13,786	19,696
Customers' liability under acceptances	76	204
Goodwill		0
Other intangibles		0
Land, buildings, equipment, and other depreciable assets	10	6
Deferred tax assets		0
Amounts receivable from brokers, dealers, and clients		0
Other assets	2,204	643
Total assets	69,732	82,621
Liabilities
Trading deposits	4,867	2,065
Derivatives	4,581	3,997
Securitization liabilities at fair value	1,013	243
Financial liabilities designated at fair value through profit or loss	33,712	12,563
Deposits
Personal	8,491	9,139
Banks	135	313
Business and government	8,268	24,841
Total deposits, other than trading	16,894	34,293
Acceptances	76	204
Obligations related to securities sold short	1,753	993
Obligations related to securities sold under repurchase agreements	7,255	30,879
Securitization liabilities at amortized cost	414	221
Amounts payable to brokers, dealers, and clients		0
Insurance-related liabilities	405	382
Other liabilities	925	1,744
Subordinated notes and debentures		0
Equity		0
Total liabilities and equity	71,895	87,584
Off-balance sheet commitments
Total off-balance sheet commitments	23,687	27,468
Later than three months and not later than six months [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	23,482	25,918
Later than three months and not later than six months [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	185	183
Later than three months and not later than six months [member] | Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	20	1,367
Later than three months and not later than six months [member] | TD Schwab [member]
Loans
Investment in Schwab		0
Later than six months and not later than nine months [member]
Assets
Cash and due from banks		0
Interest-bearing deposits with banks		0
Trading loans, securities, and other	2,275	6,913
Non-trading financial assets at fair value through profit or loss	1,250	2,271
Derivatives	2,885	2,810
Financial assets designated at fair value through profit or loss	167	234
Financial assets at fair value through other comprehensive income	3,381	6,101
Debt securities at amortized cost, net of allowance for credit losses	4,889	5,855
Securities purchased under reverse repurchase agreements	14,191	11,776
Loans
Residential mortgages	10,061	9,994
Consumer instalment and other personal	4,049	3,941
Credit card		0
Business and government	10,533	11,653
Total loans	24,643	25,588
Allowance for loan losses		0
Loans, net of allowance for loan losses	24,643	25,588
Customers' liability under acceptances	2	2
Goodwill		0
Other intangibles		0
Land, buildings, equipment, and other depreciable assets	4	91
Deferred tax assets		0
Amounts receivable from brokers, dealers, and clients		0
Other assets	159	2,783
Total assets	53,846	64,424
Liabilities
Trading deposits	2,953	3,057
Derivatives	2,969	1,917
Securitization liabilities at fair value	514	652
Financial liabilities designated at fair value through profit or loss	28,017	15,892
Deposits
Personal	5,999	9,550
Banks	25	56
Business and government	5,433	15,274
Total deposits, other than trading	11,457	24,880
Acceptances	2	2
Obligations related to securities sold short	1,648	823
Obligations related to securities sold under repurchase agreements	1,700	1,791
Securitization liabilities at amortized cost	475	422
Amounts payable to brokers, dealers, and clients		0
Insurance-related liabilities	405	316
Other liabilities	228	701
Subordinated notes and debentures		0
Equity		0
Total liabilities and equity	50,368	50,453
Off-balance sheet commitments
Total off-balance sheet commitments	20,688	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	19,887	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	244	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	557	227
Later than six months and not later than nine months [member] | TD Schwab [member]
Loans
Investment in Schwab		0
Later than nine months and not later than one year [member]
Assets
Cash and due from banks		0
Interest-bearing deposits with banks		0
Trading loans, securities, and other	2,874	3,867
Non-trading financial assets at fair value through profit or loss	53	69
Derivatives	1,818	2,525
Financial assets designated at fair value through profit or loss	363	107
Financial assets at fair value through other comprehensive income	2,914	4,886
Debt securities at amortized cost, net of allowance for credit losses	4,030	5,498
Securities purchased under reverse repurchase agreements	7,441	4,204
Loans
Residential mortgages	10,077	10,481
Consumer instalment and other personal	3,254	3,893
Credit card		0
Business and government	8,503	8,672
Total loans	21,834	23,046
Allowance for loan losses		0
Loans, net of allowance for loan losses	21,834	23,046
Customers' liability under acceptances	4	0
Goodwill		0
Other intangibles		0
Land, buildings, equipment, and other depreciable assets	4	9
Deferred tax assets		0
Amounts receivable from brokers, dealers, and clients		0
Other assets	150	470
Total assets	41,485	44,681
Liabilities
Trading deposits	1,196	1,639
Derivatives	2,244	2,012
Securitization liabilities at fair value	301	345
Financial liabilities designated at fair value through profit or loss	14,678	5,251
Deposits
Personal	6,148	7,288
Banks		28
Business and government	1,311	7,214
Total deposits, other than trading	7,459	14,530
Acceptances	4	0
Obligations related to securities sold short	432	707
Obligations related to securities sold under repurchase agreements	272	4,952
Securitization liabilities at amortized cost	403	404
Amounts payable to brokers, dealers, and clients		0
Insurance-related liabilities	425	305
Other liabilities	767	1,048
Subordinated notes and debentures		0
Equity		0
Total liabilities and equity	28,181	31,193
Off-balance sheet commitments
Total off-balance sheet commitments	15,786	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	15,616	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	170	165
Later than nine months and not later than one year [member] | Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments		408
Later than nine months and not later than one year [member] | TD Schwab [member]
Loans
Investment in Schwab		0
Later than one year and not later than two years [member]
Assets
Cash and due from banks		0
Interest-bearing deposits with banks		0
Trading loans, securities, and other	12,293	9,732
Non-trading financial assets at fair value through profit or loss	745	1,430
Derivatives	7,172	6,314
Financial assets designated at fair value through profit or loss	851	930
Financial assets at fair value through other comprehensive income	4,089	25,305
Debt securities at amortized cost, net of allowance for credit losses	27,819	12,386
Securities purchased under reverse repurchase agreements	140	29
Loans
Residential mortgages	34,004	38,182
Consumer instalment and other personal	14,333	14,594
Credit card		0
Business and government	23,332	35,439
Total loans	71,669	88,215
Allowance for loan losses		0
Loans, net of allowance for loan losses	71,669	88,215
Customers' liability under acceptances		0
Goodwill		0
Other intangibles		0
Land, buildings, equipment, and other depreciable assets	19	29
Deferred tax assets		0
Amounts receivable from brokers, dealers, and clients		0
Other assets	74	150
Total assets	124,871	144,520
Liabilities
Trading deposits	2,135	3,510
Derivatives	7,403	5,438
Securitization liabilities at fair value	2,814	2,495
Financial liabilities designated at fair value through profit or loss	1,127	0
Deposits
Personal	7,611	10,095
Banks	2	0
Business and government	28,880	14,378
Total deposits, other than trading	36,493	24,473
Acceptances		0
Obligations related to securities sold short	4,574	4,888
Obligations related to securities sold under repurchase agreements	28	4,873
Securitization liabilities at amortized cost	3,448	1,642
Amounts payable to brokers, dealers, and clients		0
Insurance-related liabilities	982	963
Other liabilities	1,522	1,304
Subordinated notes and debentures		0
Equity		0
Total liabilities and equity	60,526	49,586
Off-balance sheet commitments
Total off-balance sheet commitments	39,357	44,417
Later than one year and not later than two years [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	38,639	43,760
Later than one year and not later than two years [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	591	657
Later than one year and not later than two years [member] | Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	127	0
Later than one year and not later than two years [member] | TD Schwab [member]
Loans
Investment in Schwab		0
Later than two years and not later than five years [member]
Assets
Cash and due from banks		0
Interest-bearing deposits with banks		0
Trading loans, securities, and other	21,299	23,624
Non-trading financial assets at fair value through profit or loss	3,803	1,425
Derivatives	10,895	10,004
Financial assets designated at fair value through profit or loss	624	1,253
Financial assets at fair value through other comprehensive income	21,983	23,667
Debt securities at amortized cost, net of allowance for credit losses	79,375	62,145
Securities purchased under reverse repurchase agreements	244	307
Loans
Residential mortgages	166,855	138,912
Consumer instalment and other personal	81,413	68,961
Credit card		0
Business and government	71,025	70,478
Total loans	319,293	278,351
Allowance for loan losses		0
Loans, net of allowance for loan losses	319,293	278,351
Customers' liability under acceptances		0
Goodwill		0
Other intangibles		0
Land, buildings, equipment, and other depreciable assets	466	299
Deferred tax assets		0
Amounts receivable from brokers, dealers, and clients		0
Other assets	112	125
Total assets	458,094	401,200
Liabilities
Trading deposits	3,516	3,455
Derivatives	10,792	11,084
Securitization liabilities at fair value	5,737	6,706
Financial liabilities designated at fair value through profit or loss	1	4
Deposits
Personal	7,254	7,923
Banks	2	4
Business and government	37,255	52,852
Total deposits, other than trading	44,511	60,779
Acceptances		0
Obligations related to securities sold short	12,640	9,789
Obligations related to securities sold under repurchase agreements		4
Securitization liabilities at amortized cost	7,043	8,799
Amounts payable to brokers, dealers, and clients		0
Insurance-related liabilities	1,673	1,676
Other liabilities	1,796	1,402
Subordinated notes and debentures	200	200
Equity		0
Total liabilities and equity	87,909	103,898
Off-balance sheet commitments
Total off-balance sheet commitments	117,437	108,826
Later than two years and not later than five years [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	115,624	107,951
Later than two years and not later than five years [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	1,303	875
Later than two years and not later than five years [member] | Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments		0
Later than two years and not later than five years [member] | TD Schwab [member]
Loans
Investment in Schwab		0
Later than five years [member]
Assets
Cash and due from banks		0
Interest-bearing deposits with banks		0
Trading loans, securities, and other	23,119	27,554
Non-trading financial assets at fair value through profit or loss	1,931	1,879
Derivatives	10,829	15,569
Financial assets designated at fair value through profit or loss	1,620	581
Financial assets at fair value through other comprehensive income	22,658	26,957
Debt securities at amortized cost, net of allowance for credit losses	136,846	95,852
Securities purchased under reverse repurchase agreements		0
Loans
Residential mortgages	38,974	44,047
Consumer instalment and other personal	27,126	28,038
Credit card		0
Business and government	61,647	65,144
Total loans	127,747	137,229
Allowance for loan losses		0
Loans, net of allowance for loan losses	127,747	137,229
Customers' liability under acceptances		0
Goodwill		0
Other intangibles		0
Land, buildings, equipment, and other depreciable assets	3,664	4,384
Deferred tax assets		0
Amounts receivable from brokers, dealers, and clients		0
Other assets	73	171
Total assets	328,487	310,176
Liabilities
Trading deposits	1,154	1,220
Derivatives	12,354	17,254
Securitization liabilities at fair value	2,588	2,669
Financial liabilities designated at fair value through profit or loss	4	11
Deposits
Personal	29	37
Banks	4	5
Business and government	6,079	3,386
Total deposits, other than trading	6,112	3,428
Acceptances		0
Obligations related to securities sold short	17,505	14,986
Obligations related to securities sold under repurchase agreements		0
Securitization liabilities at amortized cost	3,135	3,225
Amounts payable to brokers, dealers, and clients		0
Insurance-related liabilities	872	1,033
Other liabilities	4,815	5,633
Subordinated notes and debentures	11,030	11,277
Equity		0
Total liabilities and equity	59,569	60,736
Off-balance sheet commitments
Total off-balance sheet commitments	4,330	4,896
Later than five years [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	3,789	4,343
Later than five years [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	541	553
Later than five years [member] | Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	0	0
Later than five years [member] | TD Schwab [member]
Loans
Investment in Schwab		0
No specific maturity [member]
Assets
Cash and due from banks		0
Interest-bearing deposits with banks	1,365	2,167
Trading loans, securities, and other	74,269	57,479
Non-trading financial assets at fair value through profit or loss	1,004	794
Derivatives		0
Financial assets designated at fair value through profit or loss		0
Financial assets at fair value through other comprehensive income	4,598	2,579
Debt securities at amortized cost, net of allowance for credit losses	(2)	(2)
Securities purchased under reverse repurchase agreements		0
Loans
Residential mortgages		0
Consumer instalment and other personal	56,032	60,467
Credit card	30,738	32,334
Business and government	25,242	23,309
Total loans	112,012	116,110
Allowance for loan losses	(6,390)	(8,289)
Loans, net of allowance for loan losses	105,622	107,821
Customers' liability under acceptances		0
Goodwill	16,232	17,148
Other intangibles	2,123	2,125
Land, buildings, equipment, and other depreciable assets	5,011	5,317
Deferred tax assets	2,265	2,444
Amounts receivable from brokers, dealers, and clients		0
Other assets	10,258	9,933
Total assets	233,857	219,979
Liabilities
Trading deposits		0
Derivatives		0
Securitization liabilities at fair value		0
Financial liabilities designated at fair value through profit or loss		0
Deposits
Personal	582,417	565,932
Banks	11,508	14,101
Business and government	355,609	313,129
Total deposits, other than trading	949,534	893,162
Acceptances		0
Obligations related to securities sold short	2,007	1,020
Obligations related to securities sold under repurchase agreements		0
Securitization liabilities at amortized cost		0
Amounts payable to brokers, dealers, and clients		0
Insurance-related liabilities	2,483	2,259
Other liabilities	5,966	7,342
Subordinated notes and debentures		0
Equity	99,818	95,499
Total liabilities and equity	1,059,808	999,282
Off-balance sheet commitments
Total off-balance sheet commitments	1,327	1,309
No specific maturity [member] | Credit and liquidity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments	1,327	1,309
No specific maturity [member] | Other commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments		0
No specific maturity [member] | Unconsolidated structured entity commitments [member]
Off-balance sheet commitments
Total off-balance sheet commitments		0
No specific maturity [member] | TD Schwab [member]
Loans
Investment in Schwab	$ 11,112	$ 12,174

Summary of Remaining Contract_2

Summary of Remaining Contractual Maturity (Parenthetical) (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure Of Assets And Liabilities According To Their Remaining Contractual Maturities [Line Items]
Covered bonds	$ 25,000	$ 41,000
Commitments to extend credit to private equity investments	326	290
Later than one month and not later than three months [member]
Disclosure Of Assets And Liabilities According To Their Remaining Contractual Maturities [Line Items]
Covered bonds	2,000	2,000
Later than three months and not later than six months [member]
Disclosure Of Assets And Liabilities According To Their Remaining Contractual Maturities [Line Items]
Covered bonds	2,000	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	4,000	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		4,000
Later than one year and not later than two years [member]
Disclosure Of Assets And Liabilities According To Their Remaining Contractual Maturities [Line Items]
Covered bonds	8,000	9,000
Later than two years and not later than five years [member]
Disclosure Of Assets And Liabilities According To Their Remaining Contractual Maturities [Line Items]
Covered bonds	7,000	16,000
Later than five years [member]
Disclosure Of Assets And Liabilities According To Their Remaining Contractual Maturities [Line Items]
Covered bonds	$ 2,000	$ 2,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative)	12 Months Ended
	Oct. 31, 2021
Disclosure of initial application of standards or interpretations [line items]
Short-term leases lease term	12 months
Bottom of range [member]
Disclosure of initial application of standards or interpretations [line items]
Estimated useful lives of intangible assets	3 years
Bottom of range [member] | Computer software [member]
Disclosure of initial application of standards or interpretations [line items]
Estimated useful lives of intangible assets	3 years
Top of range [member]
Disclosure of initial application of standards or interpretations [line items]
Estimated useful lives of intangible assets	20 years
Top of range [member] | Computer software [member]
Disclosure of initial application of standards or interpretations [line items]
Estimated useful lives of intangible assets	7 years
Maximum [Member] | Associates [member]
Disclosure of initial application of standards or interpretations [line items]
Significant Influence percentage of voting rights	50.00%
Minimum [Member] | Associates [member]
Disclosure of initial application of standards or interpretations [line items]
Significant Influence percentage of voting rights	20.00%
Employee Stock Options [Member]
Disclosure of initial application of standards or interpretations [line items]
Share options period	The cost of the share options is based on the fair value estimated at the grant date and is recognized as compensation expense and contributed surplus over the service period required for employees to become fully entitled to the awards. This period is generally equal to the vesting period in addition to a period prior to the grant date. For the Bank’s share options, this period is generally equal to five years. When options are exercised, the amount initially recognized in the contributed surplus balance is reduced, with a corresponding increase in common shares.
Vesting period	Compensation expense is recognized based on the fair value of the share units at the grant date adjusted for changes in fair value between the grant date and the vesting date, net of hedging activities, over the service period required for employees to become fully entitled to the awards. This period is generally equal to the vesting period, in addition to a period prior to the grant date. For the Bank’s share units, this period is generally equal to four years.

Schedule of Useful Lives of Ass

Schedule of Useful Lives of Assets Estimated by Asset Category (Details)	12 Months Ended
	Oct. 31, 2021
Buildings [member] | Bottom of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	15 years
Buildings [member] | Top of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	40 years
Computer equipment [member] | Bottom of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	2 years
Computer equipment [member] | Top of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	8 years
Fixtures and fittings [member] | Bottom of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	3 years
Fixtures and fittings [member] | Top of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	15 years
Other property, plant and equipment [member] | Bottom of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	5 years
Other property, plant and equipment [member] | Top of range [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	15 years
Leasehold improvements [member]
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives of assets	Lesser of the remaining lease term and the remaining useful life of the asset

Summary of Exposures to Signifi

Summary of Exposures to Significant Interest Rate Benchmarks Subject to IBOR Reform (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Notional amount of derivatives	$ 548,617	$ 512,740
Derivatives Positive fair value	54,427	54,242
Derivatives Negative fair value	57,122	$ 53,203
Interest Rate Benchmarks Subject to IBOR Reform [member]
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Non-derivative financial assets	104,791
Notional amount of derivatives	4,380,555
Derivatives Positive fair value	10,942
Derivatives Negative fair value	11,832
Non-derivative financial liabilities	519
Off-balance sheet commitments	91,277
Interest Rate Benchmarks Subject to IBOR Reform [member] | Cross currency swaps [member]
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Notional amount of derivatives	642,265
Derivatives Positive fair value	9,144
Derivatives Negative fair value	9,311
Foreign Exchange Risk [Member]
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Non-derivative financial assets	104,791
Notional amount of derivatives	3,738,290
Derivatives Positive fair value	1,798
Derivatives Negative fair value	2,521
Non-derivative financial liabilities	519
Off-balance sheet commitments	91,277
US LIBOR [member] | Financial assets at fair value through other comprehensive income, category [member]
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Non-derivative financial assets	5,000
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	1,496
Notional amount of derivatives	172
Derivatives Positive fair value	1
Derivatives Negative fair value	16
US LIBOR [member] | Tenors ceasing 6/30/2023 [member]
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Non-derivative financial assets	102,000
US LIBOR [member] | Tenors ceasing 6/30/2023 [member] | Loans [member]
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Non-derivative financial assets	60,000
US LIBOR [member] | Tenors ceasing 6/30/2023 [member] | Debt securities at amortized cost [Member]
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Non-derivative financial assets	37,000
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	102,219
Notional amount of derivatives	3,242,624
Derivatives Positive fair value	1,486
Derivatives Negative fair value	2,327
Non-derivative financial liabilities	519
Off-balance sheet commitments	89,407
US LIBOR [member] | No maturity [member] | Demand Facilities [Member]
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Non-derivative financial assets	2,000
Non-derivative financial liabilities	2,000
GBP LIBOR [member] | Interest Rate Benchmarks Subject to IBOR Reform [member]
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Non-derivative financial assets	748
Notional amount of derivatives	254,009
Derivatives Positive fair value	10
Derivatives Negative fair value	2
Off-balance sheet commitments	1,870
Other IBORs [member] | Interest Rate Benchmarks Subject to IBOR Reform [member]
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Non-derivative financial assets	328
Notional amount of derivatives	241,485
Derivatives Positive fair value	301
Derivatives Negative fair value	176
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 amount of derivatives	37,277
Derivatives Positive fair value	1,072
Derivatives Negative fair value	890
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 amount of derivatives	447,821
Derivatives Positive fair value	7,148
Derivatives Negative fair value	7,488
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 amount of derivatives	122,832
Derivatives Positive fair value	438
Derivatives Negative fair value	408
USLIBORAndJPYLIBOR [member] | Interest Rate Benchmarks Subject to IBOR Reform [member] | Cross currency swaps [member]
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Notional amount of derivatives	34,335
Derivatives Positive fair value	486
Derivatives Negative fair value	525
EURIBOR [member]
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Non-derivative financial assets	618
Notional amount of derivatives	1,811,000
Non-derivative financial liabilities	$ 19

Current And Future Changes In_3

Current And Future Changes In Accounting Policies (Details Narrative) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Accounting Policy Change [Member] | Hedging Relationships [Member]
Disclosure of initial application of standards or interpretations [line items]
Amounts of loss reclassified from non-interest income to net interest income	$ 1,114	$ 110

Schedule of Financial Assets an

Schedule of Financial Assets and Liabilities not Carried at Fair Value (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
FINANCIAL ASSETS
Total debt securities at amortized cost, net of allowance for credit losses	$ 268,939	$ 227,679
Total loans, net of allowance for loan losses	722,622	717,523
FINANCIAL LIABILITIES
Deposits	1,125,125	1,135,333
Securitization liabilities at amortized cost	15,262	15,768
Subordinated notes and debentures	11,230	11,477
Carrying value [member]
FINANCIAL ASSETS
Total debt securities at amortized cost, net of allowance for credit losses	268,939	227,679
Total loans, net of allowance for loan losses	722,622	717,523
Total financial assets not carried at fair value	991,561	945,202
FINANCIAL LIABILITIES
Deposits	1,125,125	1,135,333
Securitization liabilities at amortized cost	15,262	15,768
Subordinated notes and debentures	11,230	11,477
Total financial liabilities not carried at fair value	1,151,617	1,162,578
Carrying value [member] | Government and government-related securities [member]
FINANCIAL ASSETS
Total debt securities at amortized cost, net of allowance for credit losses	208,559	174,592
Carrying value [member] | Other debt securities [member]
FINANCIAL ASSETS
Total debt securities at amortized cost, net of allowance for credit losses	60,380	53,087
Not measured at fair value in statement of financial position but for which fair value is disclosed [member]
FINANCIAL ASSETS
Total debt securities at amortized cost, net of allowance for credit losses	268,452	228,873
Total loans, net of allowance for loan losses	725,177	727,197
Total financial assets not carried at fair value	993,629	956,070
FINANCIAL LIABILITIES
Deposits	1,124,762	1,137,624
Securitization liabilities at amortized cost	15,202	16,143
Subordinated notes and debentures	11,838	12,374
Total financial liabilities not carried at fair value	1,151,802	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
Total debt securities at amortized cost, net of allowance for credit losses	207,927	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
Total debt securities at amortized cost, net of allowance for credit losses	$ 60,525	$ 53,373

Schedule of Fair Value Hierarch

Schedule of Fair Value Hierarchy For Assets And Liabilities Not Carried At Fair Value (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses (Notes 5, 7)	$ 268,939	$ 227,679
Total assets	1,728,672	1,715,865	$ 1,415,290
LIABILITIES
Securitization liabilities at amortized cost	15,262	15,768
Subordinated notes and debentures	11,230	11,477
Total liabilities	1,628,854	1,620,366
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 (Notes 5, 7)	268,452	228,873
Total loans, net of allowance for loan losses	725,177	727,197
Total assets	993,629	956,070
LIABILITIES
Deposits	1,124,762	1,137,624
Securitization liabilities at amortized cost	15,202	16,143
Subordinated notes and debentures	11,838	12,374
Total liabilities	1,151,802	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 (Notes 5, 7)	207,927	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 (Notes 5, 7)	60,525	53,373
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Level 1 of fair value hierarchy [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses (Notes 5, 7)	20	919
Total assets	20	919
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Level 1 of fair value hierarchy [member] | Government And Government Related Securities [Member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses (Notes 5, 7)	20	919
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Level 2 of fair value hierarchy [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses (Notes 5, 7)	268,421	227,942
Total loans, net of allowance for loan losses	251,034	236,287
Total assets	519,455	464,229
LIABILITIES
Deposits	1,124,762	1,137,624
Securitization liabilities at amortized cost	15,202	16,143
Subordinated notes and debentures	11,838	12,374
Total liabilities	1,151,802	1,166,141
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Level 2 of fair value hierarchy [member] | Government And Government Related Securities [Member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses (Notes 5, 7)	207,897	174,571
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Level 2 of fair value hierarchy [member] | Other Debt Securities [Member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses (Notes 5, 7)	60,524	53,371
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Level 3 of fair value hierarchy [member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses (Notes 5, 7)	11	12
Total loans, net of allowance for loan losses	474,143	490,910
Total assets	474,154	490,922
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Level 3 of fair value hierarchy [member] | Government And Government Related Securities [Member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses (Notes 5, 7)	10	10
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Level 3 of fair value hierarchy [member] | Other Debt Securities [Member]
FINANCIAL ASSETS
Debt securities at amortized cost, net of allowance for credit losses (Notes 5, 7)	$ 1	$ 2

Schedule of Fair Value Hierar_2

Schedule of Fair Value Hierarchy for Assets and Liabilities (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Trading loans, securities, and other1
Trading loans, securities, and other	$ 147,590	$ 148,318
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	9,390	8,548
Derivatives
Derivatives	54,427	54,242
Financial assets designated at fair value through profit or loss
Financial assets designated at fair value through profit or loss	4,564	4,739
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	79,066	103,285
Securities purchased under reverse repurchase agreements	167,284	169,162
FINANCIAL LIABILITIES
Trading deposits	22,891	19,177
Derivatives
Derivatives	57,122	53,203
Securitization liabilities at fair value	13,505	13,718
Financial liabilities designated at fair value through profit or loss	113,988	59,665
Obligations related to securities sold short	42,384	34,999
Obligations related to securities sold under repurchase agreements	144,097	188,876
Recurring fair value measurement [member]
Trading loans, securities, and other1
Trading loans, securities, and other	147,590	148,318
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	9,390	8,548
Derivatives
Derivatives	54,427	54,242
Financial assets designated at fair value through profit or loss
Financial assets designated at fair value through profit or loss	4,564	4,739
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	79,066	103,285
Securities purchased under reverse repurchase agreements	7,992	7,395
FINANCIAL LIABILITIES
Trading deposits	22,891	19,177
Derivatives
Derivatives	57,122	53,203
Securitization liabilities at fair value	13,505	13,718
Financial liabilities designated at fair value through profit or loss	113,988	59,665
Obligations related to securities sold short	42,384	34,999
Obligations related to securities sold under repurchase agreements	5,126	3,675
Recurring fair value measurement [member] | Equity securities [member]
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	4,599	2,599
Recurring fair value measurement [member] | Loans 1 [Member]
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	1,602	2,502
Recurring fair value measurement [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Trading loans, securities, and other1
Trading loans, securities, and other	11,196	21,492
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	12,519	14,126
Recurring fair value measurement [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Trading loans, securities, and other1
Trading loans, securities, and other	8,326	8,468
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	18,143	16,502
Recurring fair value measurement [member] | Government and government-related securities [member] | United State Federal State Municipal Governments And Agencies Debt [Member]
Trading loans, securities, and other1
Trading loans, securities, and other	13,241	22,825
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	19,300	33,034
Recurring fair value measurement [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Trading loans, securities, and other1
Trading loans, securities, and other	7,785	4,563
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	6,564	10,756
Recurring fair value measurement [member] | Government and government-related securities [member] | Mortgage Backed Securities 1 [Member]
Trading loans, securities, and other1
Trading loans, securities, and other	1,500	1,690
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	1,254	3,865
Recurring fair value measurement [member] | Other debt securities [member] | Canadian Issuers [Member]
Trading loans, securities, and other1
Trading loans, securities, and other	5,970	5,615
Recurring fair value measurement [member] | Other debt securities [member] | Other Issuers [Member]
Trading loans, securities, and other1
Trading loans, securities, and other	12,395	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	6,981	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	8,104	9,895
Recurring fair value measurement [member] | Equity securities [member]
Trading loans, securities, and other1
Trading loans, securities, and other	60,124	43,879
Recurring fair value measurement [member] | Trading Loans [member]
Trading loans, securities, and other1
Trading loans, securities, and other	12,405	12,959
Recurring fair value measurement [member] | Commodities [Member]
Trading loans, securities, and other1
Trading loans, securities, and other	14,639	13,460
Recurring fair value measurement [member] | Retained Interest 1 [Member]
Trading loans, securities, and other1
Trading loans, securities, and other	9	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	7,053	4,830
Financial assets designated at fair value through profit or loss
Financial assets designated at fair value through profit or loss	4,564	4,739
Recurring fair value measurement [member] | Loans 1 [Member]
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	2,337	3,718
Recurring fair value measurement [member] | Interest Rate Contracts [Member]
Derivatives
Derivatives	10,290	17,959
Derivatives
Derivatives	11,683	19,132
Recurring fair value measurement [member] | Foreign Exchange Contracts [Member]
Derivatives
Derivatives	35,819	29,620
Derivatives
Derivatives	35,174	27,314
Recurring fair value measurement [member] | Credit Derivatives [Member]
Derivatives
Derivatives	57	19
Derivatives
Derivatives	347	327
Recurring fair value measurement [member] | Equity Contracts [Member]
Derivatives
Derivatives	5,362	4,230
Derivatives
Derivatives	8,014	4,437
Recurring fair value measurement [member] | Commodity contracts [member]
Derivatives
Derivatives	2,899	2,414
Derivatives
Derivatives	1,904	1,993
Recurring fair value measurement [member] | Level 1 of fair value hierarchy [member]
Trading loans, securities, and other1
Trading loans, securities, and other	74,146	57,167
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	166	232
Derivatives
Derivatives	406	423
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	2,989	1,005
Derivatives
Derivatives	342	383
Obligations related to securities sold short	2,015	1,039
Recurring fair value measurement [member] | Level 1 of fair value hierarchy [member] | Equity securities [member]
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	2,989	1,005
Recurring fair value measurement [member] | Level 1 of fair value hierarchy [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Trading loans, securities, and other1
Trading loans, securities, and other	294	351
Recurring fair value measurement [member] | Level 1 of fair value hierarchy [member] | Equity securities [member]
Trading loans, securities, and other1
Trading loans, securities, and other	59,933	43,840
Recurring fair value measurement [member] | Level 1 of fair value hierarchy [member] | Commodities [Member]
Trading loans, securities, and other1
Trading loans, securities, and other	13,919	12,976
Recurring fair value measurement [member] | Level 1 of fair value hierarchy [member] | Retained Interest 1 [Member]
Trading loans, securities, and other1
Trading loans, securities, and other	0
Recurring fair value measurement [member] | Level 1 of fair value hierarchy [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	166	232
Recurring fair value measurement [member] | Level 1 of fair value hierarchy [member] | Loans 1 [Member]
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	0
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	0
Recurring fair value measurement [member] | Level 1 of fair value hierarchy [member] | Interest Rate Contracts [Member]
Derivatives
Derivatives	12	22
Derivatives
Derivatives	14	14
Recurring fair value measurement [member] | Level 1 of fair value hierarchy [member] | Foreign Exchange Contracts [Member]
Derivatives
Derivatives	26	13
Derivatives
Derivatives	28	14
Recurring fair value measurement [member] | Level 1 of fair value hierarchy [member] | Equity Contracts [Member]
Derivatives
Derivatives	3	5
Recurring fair value measurement [member] | Level 1 of fair value hierarchy [member] | Commodity contracts [member]
Derivatives
Derivatives	365	383
Derivatives
Derivatives	300	355
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member]
Trading loans, securities, and other1
Trading loans, securities, and other	73,405	91,132
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	8,461	7,742
Derivatives
Derivatives	53,974	53,438
Financial assets designated at fair value through profit or loss
Financial assets designated at fair value through profit or loss	4,564	4,739
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	74,404	100,681
Securities purchased under reverse repurchase agreements	7,992	7,395
FINANCIAL LIABILITIES
Trading deposits	22,750	14,528
Derivatives
Derivatives	56,601	51,620
Securitization liabilities at fair value	13,505	13,718
Financial liabilities designated at fair value through profit or loss	113,912	59,641
Obligations related to securities sold short	40,360	33,960
Obligations related to securities sold under repurchase agreements	5,126	3,675
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Equity securities [member]
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] | Level 2 of fair value hierarchy [member] | Loans 1 [Member]
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	1,602	2,502
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Trading loans, securities, and other1
Trading loans, securities, and other	10,902	21,141
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	12,519	14,126
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Trading loans, securities, and other1
Trading loans, securities, and other	8,326	8,468
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	18,143	16,502
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Government and government-related securities [member] | United State Federal State Municipal Governments And Agencies Debt [Member]
Trading loans, securities, and other1
Trading loans, securities, and other	13,241	22,809
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	19,300	33,034
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Trading loans, securities, and other1
Trading loans, securities, and other	7,785	4,563
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	6,564	10,756
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Government and government-related securities [member] | Mortgage Backed Securities 1 [Member]
Trading loans, securities, and other1
Trading loans, securities, and other	1,500	1,690
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	1,254	3,865
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Other debt securities [member] | Canadian Issuers [Member]
Trading loans, securities, and other1
Trading loans, securities, and other	5,970	5,613
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Other debt securities [member] | Other Issuers [Member]
Trading loans, securities, and other1
Trading loans, securities, and other	12,389	13,352
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [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	6,981	10,006
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [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	8,040	9,875
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Equity securities [member]
Trading loans, securities, and other1
Trading loans, securities, and other	158	39
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Trading Loans [member]
Trading loans, securities, and other1
Trading loans, securities, and other	12,405	12,959
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Commodities [Member]
Trading loans, securities, and other1
Trading loans, securities, and other	720	484
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Retained Interest 1 [Member]
Trading loans, securities, and other1
Trading loans, securities, and other	9	14
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [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	6,127	4,027
Financial assets designated at fair value through profit or loss
Financial assets designated at fair value through profit or loss	4,564	4,739
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Loans 1 [Member]
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	2,334	3,715
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Interest Rate Contracts [Member]
Derivatives
Derivatives	10,277	17,937
Derivatives
Derivatives	11,580	19,022
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Foreign Exchange Contracts [Member]
Derivatives
Derivatives	35,786	29,605
Derivatives
Derivatives	35,146	27,300
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Credit Derivatives [Member]
Derivatives
Derivatives	57	19
Derivatives
Derivatives	347	327
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Equity Contracts [Member]
Derivatives
Derivatives	5,359	3,855
Derivatives
Derivatives	7,932	3,360
Recurring fair value measurement [member] | Level 2 of fair value hierarchy [member] | Commodity contracts [member]
Derivatives
Derivatives	2,495	2,022
Derivatives
Derivatives	1,596	1,611
Recurring fair value measurement [member] | Level 3 of fair value hierarchy [member]
Trading loans, securities, and other1
Trading loans, securities, and other	39	19
Non-trading financial assets at fair value through profit or loss
Non-trading financial assets at fair value through profit or loss	763	574
Derivatives
Derivatives	47	381
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	1,673	1,599
FINANCIAL LIABILITIES
Trading deposits	141	4,649
Derivatives
Derivatives	179	1,200
Financial liabilities designated at fair value through profit or loss	76	24
Obligations related to securities sold short	9
Recurring fair value measurement [member] | Level 3 of fair value hierarchy [member] | Equity securities [member]
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	1,609	1,579
Recurring fair value measurement [member] | Level 3 of fair value hierarchy [member] | Government and government-related securities [member] | United State Federal State Municipal Governments And Agencies Debt [Member]
Trading loans, securities, and other1
Trading loans, securities, and other		16
Recurring fair value measurement [member] | Level 3 of fair value hierarchy [member] | Other debt securities [member] | Canadian Issuers [Member]
Trading loans, securities, and other1
Trading loans, securities, and other		2
Recurring fair value measurement [member] | Level 3 of fair value hierarchy [member] | Other debt securities [member] | Other Issuers [Member]
Trading loans, securities, and other1
Trading loans, securities, and other	6	1
Recurring fair value measurement [member] | Level 3 of fair value hierarchy [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	64	20
Recurring fair value measurement [member] | Level 3 of fair value hierarchy [member] | Equity securities [member]
Trading loans, securities, and other1
Trading loans, securities, and other	33
Recurring fair value measurement [member] | Level 3 of fair value hierarchy [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	760	571
Recurring fair value measurement [member] | Level 3 of fair value hierarchy [member] | Loans 1 [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
Financial assets at fair value through other comprehensive income
Financial assets at fair value through other comprehensive income	0
Recurring fair value measurement [member] | Level 3 of fair value hierarchy [member] | Interest Rate Contracts [Member]
Derivatives
Derivatives	1
Derivatives
Derivatives	89	96
Recurring fair value measurement [member] | Level 3 of fair value hierarchy [member] | Foreign Exchange Contracts [Member]
Derivatives
Derivatives	7	2
Recurring fair value measurement [member] | Level 3 of fair value hierarchy [member] | Equity Contracts [Member]
Derivatives
Derivatives		370
Derivatives
Derivatives	82	1,077
Recurring fair value measurement [member] | Level 3 of fair value hierarchy [member] | Commodity contracts [member]
Derivatives
Derivatives	39	9
Derivatives
Derivatives	$ 8	$ 27

Schedule of Reconciliation of C

Schedule of Reconciliation of Changes in Fair Value for Level 3 Assets and Liabilities (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Nov. 01, 2020	Nov. 01, 2019
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Derivatives	$ 54,427	$ 54,242
Derivatives (Note 4)	57,122	53,203
Level 3 of fair value hierarchy [member] | Netted Derivatives [member
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Derivatives	47		$ 381	$ 604
Derivatives (Note 4)	179		$ 1,200	$ 1,630
Level 3 of fair value hierarchy [member] | Trading deposits [member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Fair value beginning balance	(4,649)	(4,092)
Total realized and unrealized gains (losses) included in income	(999)	214
Movements purchases/Issuances	(790)	(3,334)
Movements Sales/Settlements	2,636	2,558
Transfers into Level 3 of fair value hierarchy, liabilities	(7)	(3)
Fair value ending balance	(141)	(4,649)
Change in Unrealized gain (losses) on instruments still held	(5)	328
Transfers Out of Level 3	3,668	8
Level 3 of fair value hierarchy [member] | Derivative Financial Liabilities [Member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Fair value beginning balance	(819)	(1,026)
Total realized and unrealized gains (losses) included in income	(678)	89
Movements purchases/Issuances	(36)	(101)
Movements Sales/Settlements	246	217
Transfers into Level 3 of fair value hierarchy, liabilities	4
Fair value ending balance	(132)	(819)
Change in Unrealized gain (losses) on instruments still held	97	140
Transfers Out of Level 3	1,151	2
Level 3 of fair value hierarchy [member] | Derivative Financial Liabilities [Member] | Interest Rate Contracts [Member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Fair value beginning balance	(96)	(83)
Total realized and unrealized gains (losses) included in income	(9)	(43)
Movements Sales/Settlements	17	30
Fair value ending balance	(88)	(96)
Change in Unrealized gain (losses) on instruments still held	7	(17)
Level 3 of fair value hierarchy [member] | Derivative Financial Liabilities [Member] | Foreign Exchange Contracts [Member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Fair value beginning balance	2	(1)
Total realized and unrealized gains (losses) included in income	5	2
Transfers into Level 3 of fair value hierarchy, liabilities	1
Fair value ending balance	7	2
Change in Unrealized gain (losses) on instruments still held	6	1
Transfers Out of Level 3	(1)	1
Level 3 of fair value hierarchy [member] | Derivative Financial Liabilities [Member] | Equity Contracts [Member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Fair value beginning balance	(707)	(925)
Total realized and unrealized gains (losses) included in income	(729)	172
Movements purchases/Issuances	(36)	(101)
Movements Sales/Settlements	235	146
Transfers into Level 3 of fair value hierarchy, liabilities	3	(1)
Fair value ending balance	(82)	(707)
Change in Unrealized gain (losses) on instruments still held	52	172
Transfers Out of Level 3	1,152	2
Level 3 of fair value hierarchy [member] | Derivative Financial Liabilities [Member] | Commodity contracts [member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Fair value beginning balance	(18)	(17)
Total realized and unrealized gains (losses) included in income	55	(42)
Movements Sales/Settlements	(6)	41
Fair value ending balance	31	(18)
Change in Unrealized gain (losses) on instruments still held	32	(16)
Level 3 of fair value hierarchy [member] | Financial liabilities at fair value through profit or loss, category [member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Fair value beginning balance	(24)	(21)
Total realized and unrealized gains (losses) included in income	(51)	112
Movements purchases/Issuances	(263)	(202)
Movements Sales/Settlements	262	87
Fair value ending balance	(76)	(24)
Change in Unrealized gain (losses) on instruments still held	(44)	112
Level 3 of fair value hierarchy [member] | Obligations Related To Securities Sold Short [Member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Movements purchases/Issuances	(8)
Movements Sales/Settlements	(1)
Transfers into Level 3 of fair value hierarchy, liabilities	(1)	(6)
Fair value ending balance	(9)
Transfers Out of Level 3	1	6
Level 3 of fair value hierarchy [member] | Trading Loans Securities And Other [Member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Fair value beginning balance	19	12
Total realized and unrealized gains (losses) included in income	2	(1)
Movements purchases/Issuances	56	29
Movements Sales/ Settlements	(21)	(49)
Transfer Into Level 3	8	35
Transfers Out of Level 3	(25)	(7)
Fair value ending balance	39	19
Level 3 of fair value hierarchy [member] | Trading Loans Securities And Other [Member] | Government and government-related securities [member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Fair value beginning balance	16	8
Total realized and unrealized gains (losses) included in income	2	(1)
Movements Sales/ Settlements	(18)	(8)
Transfer Into Level 3	1	17
Transfers Out of Level 3	(1)
Fair value ending balance		16
Level 3 of fair value hierarchy [member] | Trading Loans Securities And Other [Member] | Other debt securities [member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Fair value beginning balance	3	4
Movements purchases/Issuances	23	29
Movements Sales/ Settlements	(3)	(41)
Transfer Into Level 3	7	18
Transfers Out of Level 3	(24)	(7)
Fair value ending balance	6	3
Level 3 of fair value hierarchy [member] | Trading Loans Securities And Other [Member] | Equity securities [member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Movements purchases/Issuances	33
Fair value ending balance	33
Level 3 of fair value hierarchy [member] | Non Trading Financial Assets At Fair Value Through Profit Or Loss [Member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Fair value beginning balance	574	498
Total realized and unrealized gains (losses) included in income	130	12
Movements purchases/Issuances	140	118
Movements Sales/ Settlements	(81)	(54)
Fair value ending balance	763	574
Change in Unrealized gain (losses) on instruments still held	76	(2)
Level 3 of fair value hierarchy [member] | Non Trading Financial Assets At Fair Value Through Profit Or Loss [Member] | Securities [member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Fair value beginning balance	571	493
Total realized and unrealized gains (losses) included in income	130	12
Movements purchases/Issuances	140	118
Movements Sales/ Settlements	(81)	(52)
Fair value ending balance	760	571
Change in Unrealized gain (losses) on instruments still held	76	(2)
Level 3 of fair value hierarchy [member] | Non Trading Financial Assets At Fair Value Through Profit Or Loss [Member] | Loans 1 [Member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Fair value beginning balance	3	5
Movements Sales/ Settlements		(2)
Fair value ending balance	3	3
Change in Unrealized gain (losses) on instruments still held	0
Level 3 of fair value hierarchy [member] | Financial assets at fair value through other comprehensive income [member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Fair value beginning balance	1,599	1,575
Total realized and unrealized gains (losses) included in OCI	36	(27)
Movements purchases/Issuances	161	50
Movements Sales/ Settlements	(163)	1
Transfer Into Level 3	40
Fair value ending balance	1,673	1,599
Change in Unrealized gain (losses) on instruments still held	24	(28)
Level 3 of fair value hierarchy [member] | Financial assets at fair value through other comprehensive income [member] | Other debt securities [member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Fair value beginning balance	20	24
Total realized and unrealized gains (losses) included in OCI	4	(4)
Transfer Into Level 3	40
Fair value ending balance	64	20
Change in Unrealized gain (losses) on instruments still held	4	(4)
Level 3 of fair value hierarchy [member] | Financial assets at fair value through other comprehensive income [member] | Equity securities [member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Fair value beginning balance	1,579	1,551
Total realized and unrealized gains (losses) included in OCI	32	(23)
Movements purchases/Issuances	161	50
Movements Sales/ Settlements	(163)	1
Transfer Into Level 3	0
Fair value ending balance	1,609	1,579
Change in Unrealized gain (losses) on instruments still held	$ 20	$ (24)

Fair Value Measurements (Detail

Fair Value Measurements (Details Narrative) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Financial liabilities	$ 207,506	$ 145,763
Financial liabilities at fair value through profit or loss, category [member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Financial liabilities	9	155
Obligations related to securities sold under repurchase agreements [member]
DisclosureOfFairValueMeasurementOfAssetsAndLiabilities [Line Items]
Financial liabilities, at fair value	$ 1,491	$ 0

Summary of Quantitative Informa

Summary of Quantitative Information about Fair Value Measurements Using Significant Unobservable Inputs (Level 3 Instruments) (Details) - Level 3 of fair value hierarchy [member]	Oct. 31, 2021CustomerPoint	Oct. 31, 2020Point
Bottom of range [member] | Market Comparable [Member] | Equity Contracts [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
New issue price		100.00%
Bottom of range [member] | Discounted cash flow [member] | Interest Rate Contracts [Member] | Derivatives [member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Inflation rate swap curve	1.00%	1.00%
Bottom of range [member] | Option Model [Member] | Interest Rate Contracts [Member] | Derivatives [member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Funding ratio	60.00%	60.00%
Bottom of range [member] | Option Model [Member] | Foreign Exchange Contracts [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Currency specific volatility	4.00%	4.00%
Bottom of range [member] | Option Model [Member] | Equity Contracts [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Price correlation		(16.00%)
Bottom of range [member] | Option Model [Member] | Equity Contracts [Member] | Derivatives [member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Quanto correlation	10.00%	10.00%
Equity volatility	27.00%	8.00%
Bottom of range [member] | Option Model [Member] | Commodity Contracts [Member] | Derivatives [member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Quanto correlation	(67.00%)	(66.00%)
Swaption correlation		73.00%
Bottom of range [member] | Equity Securities [Member] | Market Comparable [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
New issue price	100.00%	100.00%
Price equivalent	35.00%	23.00%
Bottom of range [member] | Equity Securities [Member] | Discounted cash flow [member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Discount rate	9.00%	9.00%
Bottom of range [member] | Non Trading Financial Assets At Fair Value Through Profit And Loss [Member] | Market Comparable [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
New issue price	100.00%	100.00%
Bottom of range [member] | Non Trading Financial Assets At Fair Value Through Profit And Loss [Member] | Discounted cash flow [member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Discount rate	11.00%	20.00%
Bottom of range [member] | Non Trading Financial Assets At Fair Value Through Profit And Loss [Member] | EBITDA Multiple [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Earnings multiple	2.8	1.5
Bottom of range [member] | Obligations Related To Securities Sold Short [Member] | Market Comparable [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Bond price equivalent	100
Bottom of range [member] | Obligations Related To Securities Sold Short [Member] | New Issue Price [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
New issue price	100.00%
Bottom of range [member] | Trading deposits [member] [Member] | Swaption Model [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Currency specific volatility	35.00%	21.00%
Bottom of range [member] | Trading deposits [member] [Member] | Option Model [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Price correlation		(16.00%)
Quanto correlation		(35.00%)
Equity volatility	22.00%	7.00%
Bottom of range [member] | Financial liabilities at fair value through profit or loss, category [member] | Option Model [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Funding ratio	3.00%	1.00%
Top of range [member] | Market Comparable [Member] | Equity Contracts [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
New issue price		100.00%
Top of range [member] | Discounted cash flow [member] | Interest Rate Contracts [Member] | Derivatives [member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Inflation rate swap curve	3.00%	2.00%
Top of range [member] | Option Model [Member] | Interest Rate Contracts [Member] | Derivatives [member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Funding ratio	75.00%	75.00%
Top of range [member] | Option Model [Member] | Foreign Exchange Contracts [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Currency specific volatility	33.00%	18.00%
Top of range [member] | Option Model [Member] | Equity Contracts [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Price correlation	93.00%	95.00%
Top of range [member] | Option Model [Member] | Equity Contracts [Member] | Derivatives [member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Quanto correlation	15.00%	68.00%
Dividend yield	7.00%	10.00%
Equity volatility	240.00%	117.00%
Top of range [member] | Option Model [Member] | Commodity Contracts [Member] | Derivatives [member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Quanto correlation	(47.00%)	(46.00%)
Swaption correlation		85.00%
Top of range [member] | Other Debt Securities 1 [Member] | Market Comparable [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Bond price equivalent	102	111
Top of range [member] | Equity Securities [Member] | Market Comparable [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
New issue price	100.00%	100.00%
Price equivalent	36.00%	23.00%
Top of range [member] | Equity Securities [Member] | Discounted cash flow [member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Discount rate	9.00%	9.00%
Top of range [member] | Non Trading Financial Assets At Fair Value Through Profit And Loss [Member] | Market Comparable [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
New issue price	100.00%	100.00%
Top of range [member] | Non Trading Financial Assets At Fair Value Through Profit And Loss [Member] | Discounted cash flow [member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Discount rate	13.00%	20.00%
Top of range [member] | Non Trading Financial Assets At Fair Value Through Profit And Loss [Member] | EBITDA Multiple [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Earnings multiple	20	16
Top of range [member] | Obligations Related To Securities Sold Short [Member] | Market Comparable [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Bond price equivalent	100
Top of range [member] | Obligations Related To Securities Sold Short [Member] | New Issue Price [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
New issue price	100.00%
Top of range [member] | Trading deposits [member] [Member] | Swaption Model [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Currency specific volatility	484.00%	462.00%
Top of range [member] | Trading deposits [member] [Member] | Option Model [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Price correlation	93.00%	98.00%
Quanto correlation		68.00%
Dividend yield	2.00%	11.00%
Equity volatility	114.00%	284.00%
Top of range [member] | Financial liabilities at fair value through profit or loss, category [member] | Option Model [Member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Funding ratio	89.00%	70.00%

Summary of Quantitative Infor_2

Summary of Quantitative Information about Fair Value Measurements Using Significant Unobservable Inputs (Level 3 Instruments) (Parenthetical) (Details) - CAD ($) $ in Billions	Oct. 31, 2021	Oct. 31, 2020
Federal Reserve Stock And Federal Home Loan Bank Stock [Member] | Other equity securities [member]
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities [Line Items]
Securities not subject to sensitivity analysis	$ 1.5	$ 1.5

Schedule of Sensitivity Analysi

Schedule of Sensitivity Analysis of Level 3 Financial Assets and Liabilities (Details) - Level 3 of fair value hierarchy [member] - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilities [Line Items]
Decrease in fair value	$ 131	$ 205
Increase in fair value	69	198
Non Trading Financial Assets At Fair Value Through Profit And Loss [Member] | Securities [Member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilities [Line Items]
Decrease in fair value	92	57
Increase in fair value	38	27
Derivatives [member] | Interest Rate Contracts [Member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilities [Line Items]
Decrease in fair value, liabilities	12	12
Increase in fair value, liabilities	10	10
Financial assets at fair value through other comprehensive income [member] | Equity Securities 1 [Member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilities [Line Items]
Decrease in fair value	16	13
Increase in fair value	7	7
Trading deposits [member] [Member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilities [Line Items]
Decrease in fair value, liabilities		33
Increase in fair value, liabilities		72
Derivatives [member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilities [Line Items]
Decrease in fair value, liabilities	14	83
Increase in fair value, liabilities	11	62
Derivatives [member] | Equity Contracts [Member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilities [Line Items]
Decrease in fair value		18
Increase in fair value		27
Derivatives [member] | Equity Contracts [Member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilities [Line Items]
Decrease in fair value, liabilities	2	71
Increase in fair value, liabilities	1	52
Financial liabilities at fair value through profit or loss, category [member]
Disclosure Of Sensitivity Analysis Of Level 3 Financial Assets Liabilities [Line Items]
Decrease in fair value, liabilities	9	1
Increase in fair value, liabilities	$ 13	$ 3

Summary of Aggregate Difference

Summary of Aggregate Difference between Transaction Price and Valuation Technique (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Disclosure Of Fair Value Measurement Fair Value Transaction Recognized In Net Income [Abstract]
Balance as at beginning of year	$ 36	$ 15
New transactions	47	87
Recognized in the Consolidated Statement of Income during the year	(51)	(66)
Balance as at end of year	$ 32	$ 36

Summary of Offsetting Financial

Summary of Offsetting Financial Assets and Financial Liabilities (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure Of Off Setting Of Financial Assets And Liabilities [line items]
Gross amounts of recognized financial instruments before balance sheet netting	$ 252,510	$ 254,005
Gross amounts of recognized financial instruments offset in the Consolidated Balance Sheet	30,799	30,601
Net amount of financial instruments presented in the Consolidated Balance Sheet	221,711	223,404
Amounts subject to an enforceable master netting agreement	44,369	73,305
Collateral	166,279	138,596
Net Amount	11,063	11,503
Gross amounts of recognized financial instruments before balance sheet netting	232,018	272,680
Gross amounts of recognized financial instruments offset in the Consolidated Balance Sheet	30,799	30,601
Net amount of financial instruments presented in the Consolidated Balance Sheet	201,219	242,079
Amounts subject to an enforceable master netting agreement	44,369	73,305
Collateral	155,286	166,880
Net Amount	1,564	1,894
Derivative Financial Assets [member]
Disclosure Of Off Setting Of Financial Assets And Liabilities [line items]
Gross amounts of recognized financial instruments before balance sheet netting	60,692	55,732
Gross amounts of recognized financial instruments offset in the Consolidated Balance Sheet	6,265	1,490
Net amount of financial instruments presented in the Consolidated Balance Sheet	54,427	54,242
Amounts subject to an enforceable master netting agreement	34,239	34,970
Collateral	9,774	8,914
Net Amount	10,414	10,358
Securities purchased under reverse repurchase agreements [member]
Disclosure Of Off Setting Of Financial Assets And Liabilities [line items]
Gross amounts of recognized financial instruments before balance sheet netting	191,818	198,273
Gross amounts of recognized financial instruments offset in the Consolidated Balance Sheet	24,534	29,111
Net amount of financial instruments presented in the Consolidated Balance Sheet	167,284	169,162
Amounts subject to an enforceable master netting agreement	10,130	38,335
Collateral	156,505	129,682
Net Amount	649	1,145
Derivative financial liabilities [member]
Disclosure Of Off Setting Of Financial Assets And Liabilities [line items]
Gross amounts of recognized financial instruments before balance sheet netting	63,387	54,693
Gross amounts of recognized financial instruments offset in the Consolidated Balance Sheet	6,265	1,490
Net amount of financial instruments presented in the Consolidated Balance Sheet	57,122	53,203
Amounts subject to an enforceable master netting agreement	34,239	34,970
Collateral	21,660	16,998
Net Amount	1,223	1,235
Obligations related to securities sold under repurchase agreements [member]
Disclosure Of Off Setting Of Financial Assets And Liabilities [line items]
Gross amounts of recognized financial instruments before balance sheet netting	168,631	217,987
Gross amounts of recognized financial instruments offset in the Consolidated Balance Sheet	24,534	29,111
Net amount of financial instruments presented in the Consolidated Balance Sheet	144,097	188,876
Amounts subject to an enforceable master netting agreement	10,130	38,335
Collateral	133,626	149,882
Net Amount	$ 341	$ 659

Summary of Securities Maturity

Summary of Securities Maturity Schedule (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	$ 478,566	$ 459,930
Trading securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	120,546	121,899
Trading securities [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	42,048	59,038
Trading securities [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	11,196	21,492
Trading securities [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	13,241	22,825
Trading securities [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	7,785	4,563
Trading securities [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	8,326	8,468
Trading securities [member] | Government and government-related securities [member] | Residential Mortgage Backed Securities 1 [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,346	1,527
Trading securities [member] | Government and government-related securities [member] | Commercial Mortgage Backed Securities 1 [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	154	163
Trading securities [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	18,365	18,968
Trading securities [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	5,970	5,615
Trading securities [member] | Other debt securities [member] | Other Issuers [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	12,395	13,353
Trading securities [member] | Equity security [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	60,124	43,879
Trading securities [member] | Equity security [member] | Ordinary shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	60,074	43,842
Trading securities [member] | Equity security [member] | Preference shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	50	37
Trading securities [member] | Retained interests [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	9	14
Non trading financial assets at fair value through profit or loss [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	7,053	4,830
Non trading financial assets at fair value through profit or loss [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	155	388
Non trading financial assets at fair value through profit or loss [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	155	388
Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	6,320	4,114
Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	5,615	3,292
Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	638	652
Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Other Issuers [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	67	170
Non trading financial assets at fair value through profit or loss [member] | Equity security [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	578	328
Non trading financial assets at fair value through profit or loss [member] | Equity security [member] | Ordinary shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	561	293
Non trading financial assets at fair value through profit or loss [member] | Equity security [member] | Preference shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	17	35
Financial assets designated at fair value through profit or loss (FVO securities) [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,564	4,739
Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,161	2,069
Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	247	1,129
Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	22	11
Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	367	384
Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,525	545
Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,403	2,670
Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,318	2,180
Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Other Issuers [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	85	490
Securities at fair value through other comprehensive income [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	77,464	100,783
Securities at fair value through other comprehensive income [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	57,780	78,283
Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	12,519	14,126
Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	19,300	33,034
Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	6,564	10,756
Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	18,143	16,502
Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,254	3,865
Securities at fair value through other comprehensive income [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	15,085	19,901
Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	6,981	10,006
Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Non Agency Collateralized Mortgage Obligation Portfolio [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	16,214	16,992
Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Corporate and other debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	8,104	9,895
Securities at fair value through other comprehensive income [member] | Equity Securities 1 [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,599	2,599
Securities at fair value through other comprehensive income [member] | Equity Securities 1 [Member] | Ordinary shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,117	2,387
Securities at fair value through other comprehensive income [member] | Equity Securities 1 [Member] | Preference shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	482	212
Debt securities carried at amortized cost net of allowance for credit losses [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	268,939	227,679
Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	208,559	174,593
Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	22,593	17,981
Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	135,303	113,845
Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	39,733	37,140
Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	10,930	5,627
Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	60,380	53,086
Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	33,172	27,197
Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,133	887
Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Other Issuers [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	8,861	$ 8,010
Within 1 year [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	65,117
Within 1 year [member] | Trading securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	14,825
Within 1 year [member] | Trading securities [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	10,403
Within 1 year [member] | Trading securities [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,219
Within 1 year [member] | Trading securities [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,206
Within 1 year [member] | Trading securities [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,200
Within 1 year [member] | Trading securities [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,542
Within 1 year [member] | Trading securities [member] | Government and government-related securities [member] | Residential Mortgage Backed Securities 1 [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	236
Within 1 year [member] | Trading securities [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,422
Within 1 year [member] | Trading securities [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	698
Within 1 year [member] | Trading securities [member] | Other debt securities [member] | Other Issuers [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,724
Within 1 year [member] | Non trading financial assets at fair value through profit or loss [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	131
Within 1 year [member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	131
Within 1 year [member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	131
Within 1 year [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,194
Within 1 year [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	907
Within 1 year [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	247
Within 1 year [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	338
Within 1 year [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	322
Within 1 year [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	287
Within 1 year [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	262
Within 1 year [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Other Issuers [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	25
Within 1 year [member] | Securities at fair value through other comprehensive income [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	24,181
Within 1 year [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	20,674
Within 1 year [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,596
Within 1 year [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	10,495
Within 1 year [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	5,302
Within 1 year [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,120
Within 1 year [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,161
Within 1 year [member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,507
Within 1 year [member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,682
Within 1 year [member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Corporate and other debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,825
Within 1 year [member] | Debt securities carried at amortized cost net of allowance for credit losses [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	24,786
Within 1 year [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	22,194
Within 1 year [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	13,060
Within 1 year [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,586
Within 1 year [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	7,483
Within 1 year [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	65
Within 1 year [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,592
Within 1 year [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	654
Within 1 year [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Other Issuers [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,938
One To Three Year [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	89,764
One To Three Year [Member] | Trading securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	17,963
One To Three Year [Member] | Trading securities [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	12,323
One To Three Year [Member] | Trading securities [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	5,402
One To Three Year [Member] | Trading securities [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,742
One To Three Year [Member] | Trading securities [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	858
One To Three Year [Member] | Trading securities [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,710
One To Three Year [Member] | Trading securities [member] | Government and government-related securities [member] | Residential Mortgage Backed Securities 1 [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	554
One To Three Year [Member] | Trading securities [member] | Government and government-related securities [member] | Commercial Mortgage Backed Securities 1 [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	57
One To Three Year [Member] | Trading securities [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	5,636
One To Three Year [Member] | Trading securities [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,597
One To Three Year [Member] | Trading securities [member] | Other debt securities [member] | Other Issuers [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,039
One To Three Year [Member] | Trading securities [member] | Retained interests [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4
One To Three Year [Member] | Non trading financial assets at fair value through profit or loss [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,622
One To Three Year [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,622
One To Three Year [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,555
One To Three Year [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	67
One To Three Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	946
One To Three Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	74
One To Three Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	29
One To Three Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	45
One To Three Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	872
One To Three Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	852
One To Three Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Other Issuers [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	20
One To Three Year [Member] | Securities at fair value through other comprehensive income [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	10,600
One To Three Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	7,676
One To Three Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,005
One To Three Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,696
One To Three Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	286
One To Three Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,596
One To Three Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	93
One To Three Year [Member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,924
One To Three Year [Member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	538
One To Three Year [Member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Corporate and other debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,386
One To Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	56,633
One To Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	48,563
One To Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,079
One To Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	30,807
One To Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	15,754
One To Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	923
One To Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	8,070
One To Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,989
One To Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	88
One To Three Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Other Issuers [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,993
Three To Five Year [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	75,658
Three To Five Year [Member] | Trading securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	7,895
Three To Five Year [Member] | Trading securities [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,027
Three To Five Year [Member] | Trading securities [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	514
Three To Five Year [Member] | Trading securities [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,072
Three To Five Year [Member] | Trading securities [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	890
Three To Five Year [Member] | Trading securities [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	959
Three To Five Year [Member] | Trading securities [member] | Government and government-related securities [member] | Residential Mortgage Backed Securities 1 [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	556
Three To Five Year [Member] | Trading securities [member] | Government and government-related securities [member] | Commercial Mortgage Backed Securities 1 [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	36
Three To Five Year [Member] | Trading securities [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,866
Three To Five Year [Member] | Trading securities [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,312
Three To Five Year [Member] | Trading securities [member] | Other debt securities [member] | Other Issuers [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,554
Three To Five Year [Member] | Trading securities [member] | Retained interests [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2
Three To Five Year [Member] | Non trading financial assets at fair value through profit or loss [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	910
Three To Five Year [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	910
Three To Five Year [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	699
Three To Five Year [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	211
Three To Five Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	780
Three To Five Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	30
Three To Five Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	22
Three To Five Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	8
Three To Five Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	750
Three To Five Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	734
Three To Five Year [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Other Issuers [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	16
Three To Five Year [Member] | Securities at fair value through other comprehensive income [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	15,433
Three To Five Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	11,855
Three To Five Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,811
Three To Five Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,625
Three To Five Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	784
Three To Five Year [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,635
Three To Five Year [Member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,578
Three To Five Year [Member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,432
Three To Five Year [Member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Corporate and other debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,146
Three To Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	50,640
Three To Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	39,459
Three To Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	5,392
Three To Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	18,452
Three To Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	13,123
Three To Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,492
Three To Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	11,181
Three To Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	8,204
Three To Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,110
Three To Five Year [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Other Issuers [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,867
Five To Ten Years [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	95,590
Five To Ten Years [Member] | Trading securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	9,003
Five To Ten Years [Member] | Trading securities [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	5,728
Five To Ten Years [Member] | Trading securities [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,725
Five To Ten Years [Member] | Trading securities [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,319
Five To Ten Years [Member] | Trading securities [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,227
Five To Ten Years [Member] | Trading securities [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,396
Five To Ten Years [Member] | Trading securities [member] | Government and government-related securities [member] | Commercial Mortgage Backed Securities 1 [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	61
Five To Ten Years [Member] | Trading securities [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,272
Five To Ten Years [Member] | Trading securities [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,510
Five To Ten Years [Member] | Trading securities [member] | Other debt securities [member] | Other Issuers [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,762
Five To Ten Years [Member] | Trading securities [member] | Retained interests [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3
Five To Ten Years [Member] | Non trading financial assets at fair value through profit or loss [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,057
Five To Ten Years [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,057
Five To Ten Years [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,056
Five To Ten Years [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1
Five To Ten Years [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,533
Five To Ten Years [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,049
Five To Ten Years [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,049
Five To Ten Years [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	484
Five To Ten Years [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	460
Five To Ten Years [Member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Other Issuers [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	24
Five To Ten Years [Member] | Securities at fair value through other comprehensive income [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	15,236
Five To Ten Years [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	12,829
Five To Ten Years [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,684
Five To Ten Years [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	13
Five To Ten Years [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	192
Five To Ten Years [Member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	9,940
Five To Ten Years [Member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,407
Five To Ten Years [Member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	684
Five To Ten Years [Member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Corporate and other debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,723
Five To Ten Years [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	68,761
Five To Ten Years [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	59,255
Five To Ten Years [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,288
Five To Ten Years [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	47,166
Five To Ten Years [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,373
Five To Ten Years [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	7,428
Five To Ten Years [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	9,506
Five To Ten Years [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	6,512
Five To Ten Years [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	931
Five To Ten Years [Member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Other Issuers [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,063
Later than ten years [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	86,710
Later than ten years [member] | Trading securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	10,736
Later than ten years [member] | Trading securities [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	9,567
Later than ten years [member] | Trading securities [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	336
Later than ten years [member] | Trading securities [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	5,902
Later than ten years [member] | Trading securities [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	610
Later than ten years [member] | Trading securities [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,719
Later than ten years [member] | Trading securities [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,169
Later than ten years [member] | Trading securities [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	853
Later than ten years [member] | Trading securities [member] | Other debt securities [member] | Other Issuers [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	316
Later than ten years [member] | Non trading financial assets at fair value through profit or loss [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	329
Later than ten years [member] | Non trading financial assets at fair value through profit or loss [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	155
Later than ten years [member] | Non trading financial assets at fair value through profit or loss [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	155
Later than ten years [member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	174
Later than ten years [member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	174
Later than ten years [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	111
Later than ten years [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	101
Later than ten years [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	101
Later than ten years [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	10
Later than ten years [member] | Financial assets designated at fair value through profit or loss (FVO securities) [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	10
Later than ten years [member] | Securities at fair value through other comprehensive income [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	7,415
Later than ten years [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,746
Later than ten years [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	423
Later than ten years [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	3,471
Later than ten years [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	0
Later than ten years [member] | Securities at fair value through other comprehensive income [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	852
Later than ten years [member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,669
Later than ten years [member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	2,645
Later than ten years [member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Non Agency Collateralized Mortgage Obligation Portfolio [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	16,214
Later than ten years [member] | Securities at fair value through other comprehensive income [member] | Other debt securities [member] | Corporate and other debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	24
Later than ten years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	68,119
Later than ten years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	39,088
Later than ten years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian federal government [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,774
Later than ten years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	37,292
Later than ten years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	22
Later than ten years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	29,031
Later than ten years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Asset backed securities one [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	12,813
Later than ten years [member] | Debt securities carried at amortized cost net of allowance for credit losses [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4
With No Specific Maturity [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	65,727
With No Specific Maturity [Member] | Trading securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	60,124
With No Specific Maturity [Member] | Trading securities [member] | Equity security [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	60,124
With No Specific Maturity [Member] | Trading securities [member] | Equity security [member] | Ordinary shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	60,074
With No Specific Maturity [Member] | Trading securities [member] | Equity security [member] | Preference shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	50
With No Specific Maturity [Member] | Non trading financial assets at fair value through profit or loss [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	1,004
With No Specific Maturity [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	426
With No Specific Maturity [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Canadian issuers [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	359
With No Specific Maturity [Member] | Non trading financial assets at fair value through profit or loss [member] | Other debt securities [member] | Other Issuers [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	67
With No Specific Maturity [Member] | Non trading financial assets at fair value through profit or loss [member] | Equity security [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	578
With No Specific Maturity [Member] | Non trading financial assets at fair value through profit or loss [member] | Equity security [member] | Ordinary shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	561
With No Specific Maturity [Member] | Non trading financial assets at fair value through profit or loss [member] | Equity security [member] | Preference shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	17
With No Specific Maturity [Member] | Securities at fair value through other comprehensive income [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,599
With No Specific Maturity [Member] | Securities at fair value through other comprehensive income [member] | Equity Securities 1 [Member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,599
With No Specific Maturity [Member] | Securities at fair value through other comprehensive income [member] | Equity Securities 1 [Member] | Ordinary shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	4,117
With No Specific Maturity [Member] | Securities at fair value through other comprehensive income [member] | Equity Securities 1 [Member] | Preference shares [member]
Disclosure of securities according to their remaining contractual maturities [line Items]
Total securities	$ 482

Summary of Unrealized Gains (Lo

Summary of Unrealized Gains (Losses) for securities at FVOCI (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Summary of Unrealized Gains (Losses) for securities at FV through Other Comprehensive Income [Line Items]
Financial assets at fair value through other comprehensive income	$ 79,066	$ 103,285
Securities [member]
Summary of Unrealized Gains (Losses) for securities at FV through Other Comprehensive Income [Line Items]
Cost/amortized cost	76,765	100,607
Gross unrealized gains	866	714
Gross unrealized (losses)	(167)	(538)
Financial assets at fair value through other comprehensive income	77,464	100,783
Securities [member] | Government and government-related securities [member]
Summary of Unrealized Gains (Losses) for securities at FV through Other Comprehensive Income [Line Items]
Cost/amortized cost	57,397	77,759
Gross unrealized gains	415	583
Gross unrealized (losses)	(32)	(59)
Financial assets at fair value through other comprehensive income	57,780	78,283
Securities [member] | Government and government-related securities [member] | Canadian Government Federal Debt [member]
Summary of Unrealized Gains (Losses) for securities at FV through Other Comprehensive Income [Line Items]
Cost/amortized cost	12,428	13,967
Gross unrealized gains	98	160
Gross unrealized (losses)	(7)	(1)
Financial assets at fair value through other comprehensive income	12,519	14,126
Securities [member] | Government and government-related securities [member] | Canadian government provincial debt [member]
Summary of Unrealized Gains (Losses) for securities at FV through Other Comprehensive Income [Line Items]
Cost/amortized cost	17,935	16,342
Gross unrealized gains	218	181
Gross unrealized (losses)	(10)	(21)
Financial assets at fair value through other comprehensive income	18,143	16,502
Securities [member] | Government and government-related securities [member] | U.S. federal, state, municipal governments, and agencies debt [member]
Summary of Unrealized Gains (Losses) for securities at FV through Other Comprehensive Income [Line Items]
Cost/amortized cost	19,232	32,875
Gross unrealized gains	83	192
Gross unrealized (losses)	(15)	(33)
Financial assets at fair value through other comprehensive income	19,300	33,034
Securities [member] | Government and government-related securities [member] | Other OECD government-guaranteed debt [member]
Summary of Unrealized Gains (Losses) for securities at FV through Other Comprehensive Income [Line Items]
Cost/amortized cost	6,551	10,720
Gross unrealized gains	13	39
Gross unrealized (losses)		(3)
Financial assets at fair value through other comprehensive income	6,564	10,756
Securities [member] | Government and government-related securities [member] | Mortgage- backed securities [member]
Summary of Unrealized Gains (Losses) for securities at FV through Other Comprehensive Income [Line Items]
Cost/amortized cost	1,251	3,855
Gross unrealized gains	3	11
Gross unrealized (losses)		(1)
Financial assets at fair value through other comprehensive income	1,254	3,865
Securities [member] | Other debt securities [member]
Summary of Unrealized Gains (Losses) for securities at FV through Other Comprehensive Income [Line Items]
Cost/amortized cost	15,011	19,904
Gross unrealized gains	98	105
Gross unrealized (losses)	(24)	(108)
Financial assets at fair value through other comprehensive income	15,085	19,901
Securities [member] | Other debt securities [member] | Asset-backed financings [member]
Summary of Unrealized Gains (Losses) for securities at FV through Other Comprehensive Income [Line Items]
Cost/amortized cost	6,957	10,051
Gross unrealized gains	30	26
Gross unrealized (losses)	(6)	(71)
Financial assets at fair value through other comprehensive income	6,981	10,006
Securities [member] | Other debt securities [member] | Corporate and other debt [member]
Summary of Unrealized Gains (Losses) for securities at FV through Other Comprehensive Income [Line Items]
Cost/amortized cost	8,054	9,853
Gross unrealized gains	68	79
Gross unrealized (losses)	(18)	(37)
Financial assets at fair value through other comprehensive income	8,104	9,895
Securities [member] | Debt securities [member]
Summary of Unrealized Gains (Losses) for securities at FV through Other Comprehensive Income [Line Items]
Cost/amortized cost	72,408	97,663
Gross unrealized gains	513	688
Gross unrealized (losses)	(56)	(167)
Financial assets at fair value through other comprehensive income	72,865	98,184
Securities [member] | Equity securities [member]
Summary of Unrealized Gains (Losses) for securities at FV through Other Comprehensive Income [Line Items]
Cost/amortized cost	4,357	2,944
Gross unrealized gains	353	26
Gross unrealized (losses)	(111)	(371)
Financial assets at fair value through other comprehensive income	4,599	2,599
Securities [member] | Equity securities [member] | Common shares [member]
Summary of Unrealized Gains (Losses) for securities at FV through Other Comprehensive Income [Line Items]
Cost/amortized cost	3,887	2,641
Gross unrealized gains	310	26
Gross unrealized (losses)	(80)	(280)
Financial assets at fair value through other comprehensive income	4,117	2,387
Securities [member] | Equity securities [member] | Preference shares [member]
Summary of Unrealized Gains (Losses) for securities at FV through Other Comprehensive Income [Line Items]
Cost/amortized cost	470	303
Gross unrealized gains	43
Gross unrealized (losses)	(31)	(91)
Financial assets at fair value through other comprehensive income	$ 482	$ 212

Summary of Net Securities Gains

Summary of Net Securities Gains (Losses) (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Disclosure of financial assets [line items]
Total	$ 14	$ 40	$ 78
Debt securities [member] | Financial assets amortized cost [member]
Disclosure of financial assets [line items]
Total	(61)	13
Debt securities [member] | Financial assets at fair value through other comprehensive income, category [member]
Disclosure of financial assets [line items]
Total	$ 75	$ 27

Summary of Debt Securities by R

Summary of Debt Securities by Risk Rating (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of financial assets [line items]
Debt securities	$ 341,806	$ 325,865
Allowance for credit losses on debt securities at amortized cost	2	2
Debt securities, net of allowance	341,804	325,863
Stage 1 [member]
Disclosure of financial assets [line items]
Debt securities	341,661	325,604
Allowance for credit losses on debt securities at amortized cost	2	2
Debt securities, net of allowance	341,659	325,602
Stage 2 [member]
Disclosure of financial assets [line items]
Debt securities	145	261
Debt securities, net of allowance	145	261
Investment grade [member]
Disclosure of financial assets [line items]
Debt securities	339,426	322,842
Investment grade [member] | Stage 1 [member]
Disclosure of financial assets [line items]
Debt securities	339,426	322,842
Non investment grade [member]
Disclosure of financial assets [line items]
Debt securities	2,318	3,006
Non investment grade [member] | Stage 1 [member]
Disclosure of financial assets [line items]
Debt securities	2,235	2,762
Non investment grade [member] | Stage 2 [member]
Disclosure of financial assets [line items]
Debt securities	83	244
Watch and classified [member]
Disclosure of financial assets [line items]
Debt securities	62	17
Watch and classified [member] | Stage 2 [member]
Disclosure of financial assets [line items]
Debt securities	$ 62	$ 17

Summary of Equity Securities De

Summary of Equity Securities Designated at Fair Value Through Other Comprehensive Income (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Disclosure of fair value of investments in equity instruments designated at fair value through other comprehensive income [line items]
Fair value	$ 4,599	$ 2,599
Dividend income recognized	161	107
Common shares [member]
Disclosure of fair value of investments in equity instruments designated at fair value through other comprehensive income [line items]
Fair value	4,117	2,387
Dividend income recognized	143	93
Preference shares [member]
Disclosure of fair value of investments in equity instruments designated at fair value through other comprehensive income [line items]
Fair value	482	212
Dividend income recognized	$ 18	$ 14

Securities (Details Narrative)

Securities (Details Narrative) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Disclosure of detailed information about financial instruments [line items]
Dividend Income recognized	$ 161	$ 107
Debt Securities Held Net of allowance	341,804	325,863
Debt securities at amortized cost [member]
Disclosure of detailed information about financial instruments [line items]
Debt Securities Held Net of allowance	268,939	227,679
Debt securities FVOCI [member]
Disclosure of detailed information about financial instruments [line items]
Debt Securities Held Net of allowance	72,865	98,184
Securities disposed [member] | Securities [member]
Disclosure of detailed information about financial instruments [line items]
Disposal of equity securities	146	40
Gain (loss) on sale of equity securities measured at fair value	15	(18)
Dividend Income recognized	$ 2	$ 0

Summary of Bank Loans and Accep

Summary of Bank Loans and Acceptances (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of Banks loans and acceptances [Line Items]
Loans and acceptances	$ 729,012	$ 725,812
Allowance for loan losses	6,390	8,289
Loans and acceptances	268,340	252,219
Loans and acceptances	189,864	185,460
Loans and acceptances	30,738	32,334
Loans and acceptances	240,070	255,799
Loans and acceptances	18,448	14,941
Loans and acceptances [member]
Disclosure of Banks loans and acceptances [Line Items]
Loans and acceptances	749,062	743,255
Allowance for loan losses [member]
Disclosure of Banks loans and acceptances [Line Items]
Allowance for loan losses	6,390	8,290
Loans and acceptances, net of allowance [member]
Disclosure of Banks loans and acceptances [Line Items]
Loans and acceptances	742,672	734,965
Residential mortgages [member]
Disclosure of Banks loans and acceptances [Line Items]
Loans and acceptances	268,340	252,219
Consumer instalment and other personal [member]
Disclosure of Banks loans and acceptances [Line Items]
Loans and acceptances	189,864	185,460
Credit card [member]
Disclosure of Banks loans and acceptances [Line Items]
Loans and acceptances	30,738	32,334
Business and government [Member]
Disclosure of Banks loans and acceptances [Line Items]
Loans and acceptances	240,070	255,799
Customers' liability under acceptances [member]
Disclosure of Banks loans and acceptances [Line Items]
Loans and acceptances	18,448	14,941
Loans at FVOCI [member]
Disclosure of Banks loans and acceptances [Line Items]
Loans and acceptances	$ 1,602	$ 2,502

Summary of Credit Quality (Deta

Summary of Credit Quality (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Loans to business and government [Line Items]
Assessment of credit quality	$ 18,448	$ 14,941
Business and government [member]
Loans to business and government [Line Items]
Loans and acceptances	260,120	273,242
Allowance for loan and acceptances losses	2,751	3,415
Loans and acceptances, net of allowance	257,369	269,827
Business and government [member] | Loans at amortized cost
Loans to business and government [Line Items]
Assessment of credit quality	240,070	255,799
Business and government [member] | Customers' liability under acceptances
Loans to business and government [Line Items]
Assessment of credit quality	18,448	14,941
Business and government [member] | Loans at FVOCI
Loans to business and government [Line Items]
Assessment of credit quality	$ 1,602	$ 2,502

Summary of Gross Carrying Amoun

Summary of Gross Carrying Amounts of Loans and Credit Risk Exposures on Loan Commitments and Financial Guarantee Contracts by Internal Risk Ratings (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Disclosure of detailed information about financial instruments [line items]
Total loans	$ 749,062	$ 743,255
Allowance for loan losses	6,390	8,290
Loan and acceptances, net of allowance	742,672	734,965
Total loans	79,066	103,285
Allowance for loan losses	6,390	8,289
Business And Government And Residential Mortgage [Member]
Disclosure of detailed information about financial instruments [line items]
Trading loans at fair value	12,000	13,000
Non-trading loans at fair value	2,000	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	0	1
Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	683,971	667,066
Allowance for loan losses	2,263	2,544
Loan and acceptances, net of allowance	681,708	664,522
Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	62,528	72,800
Allowance for loan losses	3,492	4,902
Loan and acceptances, net of allowance	59,036	67,898
Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	2,563	3,389
Allowance for loan losses	635	844
Loan and acceptances, net of allowance	1,928	2,545
Insured [Member] | Business And Government And Residential Mortgage [Member] | Mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	82,000	86,000
Acquired Credit Impaired Loans [Member]
Disclosure of detailed information about financial instruments [line items]
Total loans	152	232
Allowance for loan losses	6	10
Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	268,340	252,219
Allowance for loan losses	261	302	$ 110
Loan and acceptances, net of allowance	268,079	251,917
Residential mortgages [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	246,952	226,373
Allowance for loan losses	35	32	28
Loan and acceptances, net of allowance	246,917	226,341
Residential mortgages [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	20,666	24,873
Allowance for loan losses	175	205	26
Loan and acceptances, net of allowance	20,491	24,668
Residential mortgages [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	722	973
Allowance for loan losses	51	65	$ 56
Loan and acceptances, net of allowance	671	908
Residential mortgages [member] | Low risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	212,143	172,835
Residential mortgages [member] | Low risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	208,030	169,710
Residential mortgages [member] | Low risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	4,113	3,125
Residential mortgages [member] | Normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	48,690	66,601
Residential mortgages [member] | Normal risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	38,922	56,663
Residential mortgages [member] | Normal risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	9,768	9,938
Residential mortgages [member] | Medium Risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	4,405	7,690
Residential mortgages [member] | Medium Risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	4,405	7,690
Residential mortgages [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	2,646	4,563
Residential mortgages [member] | High risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans
Residential mortgages [member] | High risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	2,380	4,120
Residential mortgages [member] | High risk [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	266	443
Residential mortgages [member] | Default [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	456	530
Residential mortgages [member] | Default [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	456	530
Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	189,864	185,460
Allowance for loan losses	1,573	2,019
Loan and acceptances, net of allowance	188,291	183,441
Consumer instalment and other personal [member] | Canadian Government Insured [Member] | Real Estate Secured Personal Lending [Member]
Disclosure of detailed information about financial instruments [line items]
Total loans	10,000	12,000
Consumer instalment and other personal [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	176,183	168,321
Allowance for loan losses	520	567
Loan and acceptances, net of allowance	175,663	167,754
Consumer instalment and other personal [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	12,915	16,130
Allowance for loan losses	914	1,265
Loan and acceptances, net of allowance	12,001	14,865
Consumer instalment and other personal [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	766	1,009
Allowance for loan losses	139	187
Loan and acceptances, net of allowance	627	822
Consumer instalment and other personal [member] | Low risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	95,822	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	94,425	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	1,397	1,199
Consumer instalment and other personal [member] | Normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	63,739	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	62,484	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	1,255	1,360
Consumer instalment and other personal [member] | Medium Risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	22,118	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	18,201	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	3,917	3,631
Consumer instalment and other personal [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	7,798	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	1,073	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	6,346	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	379	638
Consumer instalment and other personal [member] | Default [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	387	371
Consumer instalment and other personal [member] | Default [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	387	371
Credit Card 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	30,738	32,334
Allowance for loan losses	1,805	2,554
Loan and acceptances, net of allowance	28,933	29,780
Credit Card 1 [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	24,961	24,867
Allowance for loan losses	671	624
Loan and acceptances, net of allowance	24,290	24,243
Credit Card 1 [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	5,552	7,162
Allowance for loan losses	996	1,726
Loan and acceptances, net of allowance	4,556	5,436
Credit Card 1 [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	225	305
Allowance for loan losses	138	204
Loan and acceptances, net of allowance	87	101
Credit Card 1 [member] | Low risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	5,474	3,965
Credit Card 1 [member] | Low risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	5,467	3,916
Credit Card 1 [member] | Low risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	7	49
Credit Card 1 [member] | Normal risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	10,177	7,156
Credit Card 1 [member] | Normal risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	10,109	7,027
Credit Card 1 [member] | Normal risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	68	129
Credit Card 1 [member] | Medium Risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	10,067	11,235
Credit Card 1 [member] | Medium Risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	8,909	10,431
Credit Card 1 [member] | Medium Risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	1,158	804
Credit Card 1 [member] | High risk [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	4,944	9,879
Credit Card 1 [member] | High risk [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	476	3,493
Credit Card 1 [member] | High risk [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	4,319	6,180
Credit Card 1 [member] | High risk [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	149	206
Credit Card 1 [member] | Default [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	76	99
Credit Card 1 [member] | Default [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	76	99
Business and government [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	260,120	273,242
Allowance for loan losses	2,751	3,415
Loan and acceptances, net of allowance	257,369	269,827
Business and government [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	235,875	247,505
Allowance for loan losses	1,037	1,321
Loan and acceptances, net of allowance	234,838	246,184
Business and government [member] | Stage 2 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	23,395	24,635
Allowance for loan losses	1,407	1,706
Loan and acceptances, net of allowance	21,988	22,929
Business and government [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	850	1,102
Allowance for loan losses	307	388
Loan and acceptances, net of allowance	543	714
Business and government [member] | Default [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	780	982
Business and government [member] | Default [member] | Stage 3 [member]
Disclosure of detailed information about financial instruments [line items]
Total loans	780	982
Business and government [member] | Investment Grade Or Low Normal Risk [Member]
Disclosure of detailed information about financial instruments [line items]
Total loans	110,828	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	110,129	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	699	250
Business and government [member] | Non Investment Grade Or Medium Risk [Member]
Disclosure of detailed information about financial instruments [line items]
Total loans	137,787	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	125,638	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	12,149	11,818
Business and government [member] | Watch And Classified Or High Risk [Member]
Disclosure of detailed information about financial instruments [line items]
Total loans	10,725	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	108	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	10,547	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	70	120
Business And Government And Residential Mortgage [Member] | With No Allowance For Loan Losses [Member] | Impaired Loans [Member]
Disclosure of detailed information about financial instruments [line items]
Total loans	86	111
Loans [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	605,967	603,775
Allowance for off-balance sheet credit instruments	856	1,087
Total off-balance sheet credit instruments, net of allowance	605,111	602,688
Off-balance sheet credit risks [member] | Retail Exposures [Member] | Personal Lines Of Credit And Credit Card Lines Cancellable And Banks Discretion [Member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	318,000	321,000
Off-balance sheet credit risks [member] | Non Retail Exposures [Member] | Undrawn Component Of Uncommitted Credit And Liquidity Commitments [Member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	48,000	43,000
Off-balance sheet credit risks [member] | Stage 1 [member]
Disclosure of detailed information about financial instruments [line items]
Off balance sheet credit instruments	593,167	586,345
Allowance for off-balance sheet credit instruments	386	381
Total off-balance sheet credit instruments, net of allowance	592,781	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	12,714	17,286
Allowance for off-balance sheet credit instruments	467	672
Total off-balance sheet credit instruments, net of allowance	12,247	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	86	144
Allowance for off-balance sheet credit instruments	3	34
Total off-balance sheet credit instruments, net of allowance	83	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	222,580	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	222,348	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	232	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	81,030	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	80,529	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	501	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	14,544	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	13,993	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	551	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	1,894	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	890	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	1,004	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	86	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	86	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	195,293	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	195,293	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	85,405	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	80,076	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	5,329	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	5,135	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	$ 5,097	$ 4,416

Summary of Impaired Loans (Deta

Summary of Impaired Loans (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of detailed information about financial instruments [line items]
Unpaid principal balance	$ 2,616	$ 3,392
Carrying value of impaired loans	2,411	3,157
Related allowance for credit losses	629	834
Average gross impaired loans	2,793	3,431
Residential Mortgages [Member]
Disclosure of detailed information about financial instruments [line items]
Unpaid principal balance	681	885
Carrying value of impaired loans	630	825
Related allowance for credit losses	51	67
Average gross impaired loans	717	781
Consumer Instalment And Other Personal [Member]
Disclosure of detailed information about financial instruments [line items]
Unpaid principal balance	799	1,068
Carrying value of impaired loans	746	988
Related allowance for credit losses	139	186
Average gross impaired loans	850	1,067
Credit Card [Member]
Disclosure of detailed information about financial instruments [line items]
Unpaid principal balance	224	305
Carrying value of impaired loans	225	305
Related allowance for credit losses	138	204
Average gross impaired loans	258	446
Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Unpaid principal balance	912	1,134
Carrying value of impaired loans	810	1,039
Related allowance for credit losses	301	377
Average gross impaired loans	$ 968	$ 1,137

Summary of Allowance for Credit

Summary of Allowance for Credit Losses (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Disclosure of detailed information about financial instruments [line items]
Allowance account for credit losses of financial assets, Balance at beginning of period	$ 9,384	$ 5,036
Provision for credit losses	(224)	7,242
Write-offs, net of recoveries	(1,498)	(2,800)
Foreign exchange disposals and other adjustments	(407)	(94)
Allowance account for credit losses of financial assets, Balance at end of period	7,255	9,384
Loans [member]
Disclosure of detailed information about financial instruments [line items]
Allowance account for credit losses of financial assets, Balance at beginning of period	8,290	4,447
Allowance account for credit losses of financial assets, Balance at end of period	6,390	8,290
Allowance For Loan Losses Including Off Balance Sheet Instruments [Member]
Disclosure of detailed information about financial instruments [line items]
Allowance account for credit losses of financial assets, Balance at beginning of period	9,377	5,032
Provision for credit losses	(225)	7,242
Write-offs, net of recoveries	(1,498)	(2,800)
Foreign exchange disposals and other adjustments	(408)	(97)
Allowance account for credit losses of financial assets, Balance at end of period	7,246	9,377
Allowance For Credit Losses On Debt Securities [Member]
Disclosure of detailed information about financial instruments [line items]
Allowance account for credit losses of financial assets, Balance at beginning of period	7	4
Provision for credit losses	1
Foreign exchange disposals and other adjustments	1	3
Allowance account for credit losses of financial assets, Balance at end of period	9	7
Allowance For Credit Losses On Debt Securities [Member] | Debt securities at amortized cost [member]
Disclosure of detailed information about financial instruments [line items]
Allowance account for credit losses of financial assets, Balance at beginning of period	2	1
Foreign exchange disposals and other adjustments		1
Allowance account for credit losses of financial assets, Balance at end of period	2	2
Allowance For Credit Losses On Debt Securities [Member] | Debt securities FVOCI [member]
Disclosure of detailed information about financial instruments [line items]
Allowance account for credit losses of financial assets, Balance at beginning of period	5	3
Provision for credit losses	1
Foreign exchange disposals and other adjustments	1	2
Allowance account for credit losses of financial assets, Balance at end of period	7	5
At Amortized Cost [Member] | Loans [member]
Disclosure of detailed information about financial instruments [line items]
Allowance account for credit losses of financial assets, Balance at beginning of period	8,289	4,447
Allowance account for credit losses of financial assets, Balance at end of period	6,390	8,289
Allowance for credit losses on loans at FVOCI [member] | Loans [member]
Disclosure of detailed information about financial instruments [line items]
Allowance account for credit losses of financial assets, Balance at beginning of period	1
Allowance account for credit losses of financial assets, Balance at end of period		1
Allowance For Off Balance Sheet Insturments [Member]
Disclosure of detailed information about financial instruments [line items]
Allowance account for credit losses of financial assets, Balance at beginning of period	1,087	585
Allowance account for credit losses of financial assets, Balance at end of period	856	1,087
Residential mortgages [member] | Allowance For Loan Losses Including Off Balance Sheet Instruments [Member]
Disclosure of detailed information about financial instruments [line items]
Allowance account for credit losses of financial assets, Balance at beginning of period	302	110
Provision for credit losses	(26)	214
Write-offs, net of recoveries	(10)	(25)
Foreign exchange disposals and other adjustments	(5)	3
Allowance account for credit losses of financial assets, Balance at end of period	261	302
Consumer instalment and other personal [member] | Allowance For Loan Losses Including Off Balance Sheet Instruments [Member]
Disclosure of detailed information about financial instruments [line items]
Allowance account for credit losses of financial assets, Balance at beginning of period	2,112	1,309
Provision for credit losses	135	1,798
Write-offs, net of recoveries	(531)	(983)
Foreign exchange disposals and other adjustments	(67)	(12)
Allowance account for credit losses of financial assets, Balance at end of period	1,649	2,112
Credit Card 1 [member] | Allowance For Loan Losses Including Off Balance Sheet Instruments [Member]
Disclosure of detailed information about financial instruments [line items]
Allowance account for credit losses of financial assets, Balance at beginning of period	3,184	1,929
Provision for credit losses	(14)	2,691
Write-offs, net of recoveries	(708)	(1,414)
Foreign exchange disposals and other adjustments	(148)	(22)
Allowance account for credit losses of financial assets, Balance at end of period	2,314	3,184
Businesses and government [member] | Allowance For Loan Losses Including Off Balance Sheet Instruments [Member]
Disclosure of detailed information about financial instruments [line items]
Allowance account for credit losses of financial assets, Balance at beginning of period	3,779	1,684
Provision for credit losses	(320)	2,539
Write-offs, net of recoveries	(249)	(378)
Foreign exchange disposals and other adjustments	(188)	(66)
Allowance account for credit losses of financial assets, Balance at end of period	$ 3,022	$ 3,779

Summary of Allowance for Loan L

Summary of Allowance for Loan Losses (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
IFRS Statement [Line Items]
Balance at beginning of period	$ 8,290
Balance, including off-balance sheet instruments, at beginning of period	9,377
Total Allowance for Loan Losses at end of period	6,390	$ 8,290
Total Allowance, including off-balance sheet instruments, at end of period	7,246	9,377
Less: Total Allowance for off-balance sheet instruments	856	1,087
Residential mortgages [member]
IFRS Statement [Line Items]
Balance at beginning of period	302	110
Net remeasurement due to transfers into stage	(8)	9
New originations or purchases	21	15
Net repayments	(8)	(1)
Derecognition of financial assets (excluding disposals and write-offs)	(96)	(37)
Changes to risk, parameters, and models	65	228
Disposals
Write-offs	(16)	(26)
Recoveries	6	1
Foreign exchange and other adjustments	(5)	3
Total Allowance for Loan Losses at end of period	261	302
Residential mortgages [member] | Transfer To Stage One [Member]
IFRS Statement [Line Items]
Transfer to Stage
Residential mortgages [member] | Transfer To Stage Two [Member]
IFRS Statement [Line Items]
Transfer to Stage
Residential mortgages [member] | Transfer To Stage Three [Member]
IFRS Statement [Line Items]
Transfer to Stage
Consumer instalment and other personal [member]
IFRS Statement [Line Items]
Balance at beginning of period	2,019
Balance, including off-balance sheet instruments, at beginning of period	2,112	1,309
Net remeasurement due to transfers into stage	(167)	268
New originations or purchases	221	327
Net repayments	(206)	(165)
Derecognition of financial assets (excluding disposals and write-offs)	(293)	(199)
Changes to risk, parameters, and models	580	1,567
Disposals
Write-offs	(848)	(1,261)
Recoveries	317	278
Foreign exchange and other adjustments	(67)	(12)
Total Allowance for Loan Losses at end of period	1,573	2,019
Total Allowance, including off-balance sheet instruments, at end of period	1,649	2,112
Less: Total Allowance for off-balance sheet instruments	76	93
Consumer instalment and other personal [member] | Transfer To Stage One [Member]
IFRS Statement [Line Items]
Transfer to Stage
Consumer instalment and other personal [member] | Transfer To Stage Two [Member]
IFRS Statement [Line Items]
Transfer to Stage
Consumer instalment and other personal [member] | Transfer To Stage Three [Member]
IFRS Statement [Line Items]
Transfer to Stage
Credit Card 1 [member]
IFRS Statement [Line Items]
Balance at beginning of period	2,554
Balance, including off-balance sheet instruments, at beginning of period	3,184	1,929
Net remeasurement due to transfers into stage	(191)	496
New originations or purchases	122	174
Net repayments	(98)	(7)
Derecognition of financial assets (excluding disposals and write-offs)	(400)	(697)
Changes to risk, parameters, and models	553	2,725
Disposals
Write-offs	(1,011)	(1,720)
Recoveries	303	306
Foreign exchange and other adjustments	(148)	(22)
Total Allowance for Loan Losses at end of period	1,805	2,554
Total Allowance, including off-balance sheet instruments, at end of period	2,314	3,184
Less: Total Allowance for off-balance sheet instruments	509	630
Credit Card 1 [member] | Transfer To Stage One [Member]
IFRS Statement [Line Items]
Transfer to Stage
Credit Card 1 [member] | Transfer To Stage Two [Member]
IFRS Statement [Line Items]
Transfer to Stage
Credit Card 1 [member] | Transfer To Stage Three [Member]
IFRS Statement [Line Items]
Transfer to Stage
Businesses and government [member]
IFRS Statement [Line Items]
Balance at beginning of period	3,415
Balance, including off-balance sheet instruments, at beginning of period	3,779	1,684
Net remeasurement due to transfers into stage	3	158
New originations or purchases	1,123	871
Net repayments	(238)	(174)
Derecognition of financial assets (excluding disposals and write-offs)	(1,929)	(1,204)
Changes to risk, parameters, and models	721	2,888
Disposals	(4)	(22)
Write-offs	(298)	(430)
Recoveries	49	52
Foreign exchange and other adjustments	(184)	(44)
Total Allowance for Loan Losses at end of period	2,751	3,415
Total Allowance, including off-balance sheet instruments, at end of period	3,022	3,779
Less: Total Allowance for off-balance sheet instruments	271	364
Stage 1 [member]
IFRS Statement [Line Items]
Balance at beginning of period	2,544
Balance, including off-balance sheet instruments, at beginning of period	2,925
Total Allowance for Loan Losses at end of period	2,263	2,544
Total Allowance, including off-balance sheet instruments, at end of period	2,649	2,925
Less: Total Allowance for off-balance sheet instruments	386	381
Stage 1 [member] | Residential mortgages [member]
IFRS Statement [Line Items]
Balance at beginning of period	32	28
Net remeasurement due to transfers into stage	(20)	(20)
New originations or purchases	21	15
Net repayments	(4)
Derecognition of financial assets (excluding disposals and write-offs)	(6)	(4)
Changes to risk, parameters, and models	(74)	(21)
Recoveries		1
Foreign exchange and other adjustments	(2)
Total Allowance for Loan Losses at end of period	35	32
Stage 1 [member] | Residential mortgages [member] | Transfer To Stage One [Member]
IFRS Statement [Line Items]
Transfer to Stage	126	66
Stage 1 [member] | Residential mortgages [member] | Transfer To Stage Two [Member]
IFRS Statement [Line Items]
Transfer to Stage	(38)	(33)
Stage 1 [member] | Residential mortgages [member] | Transfer To Stage Three [Member]
IFRS Statement [Line Items]
Transfer to Stage
Stage 1 [member] | Consumer instalment and other personal [member]
IFRS Statement [Line Items]
Balance at beginning of period	567
Balance, including off-balance sheet instruments, at beginning of period	595	717
Net remeasurement due to transfers into stage	(332)	(216)
New originations or purchases	221	327
Net repayments	(96)	(92)
Derecognition of financial assets (excluding disposals and write-offs)	(93)	(95)
Changes to risk, parameters, and models	(727)	(83)
Foreign exchange and other adjustments	(20)	(4)
Total Allowance for Loan Losses at end of period	520	567
Total Allowance, including off-balance sheet instruments, at end of period	550	595
Less: Total Allowance for off-balance sheet instruments	30	28
Stage 1 [member] | Consumer instalment and other personal [member] | Transfer To Stage One [Member]
IFRS Statement [Line Items]
Transfer to Stage	1,154	490
Stage 1 [member] | Consumer instalment and other personal [member] | Transfer To Stage Two [Member]
IFRS Statement [Line Items]
Transfer to Stage	(145)	(438)
Stage 1 [member] | Consumer instalment and other personal [member] | Transfer To Stage Three [Member]
IFRS Statement [Line Items]
Transfer to Stage	(7)	(11)
Stage 1 [member] | Credit Card 1 [member]
IFRS Statement [Line Items]
Balance at beginning of period	624
Balance, including off-balance sheet instruments, at beginning of period	799	934
Net remeasurement due to transfers into stage	(478)	(356)
New originations or purchases	122	174
Net repayments	(98)	(35)
Derecognition of financial assets (excluding disposals and write-offs)	(50)	(145)
Changes to risk, parameters, and models	(696)	(152)
Foreign exchange and other adjustments	(42)	(4)
Total Allowance for Loan Losses at end of period	671	624
Total Allowance, including off-balance sheet instruments, at end of period	878	799
Less: Total Allowance for off-balance sheet instruments	207	175
Stage 1 [member] | Credit Card 1 [member] | Transfer To Stage One [Member]
IFRS Statement [Line Items]
Transfer to Stage	1,509	1,000
Stage 1 [member] | Credit Card 1 [member] | Transfer To Stage Two [Member]
IFRS Statement [Line Items]
Transfer to Stage	(180)	(598)
Stage 1 [member] | Credit Card 1 [member] | Transfer To Stage Three [Member]
IFRS Statement [Line Items]
Transfer to Stage	(8)	(19)
Stage 1 [member] | Businesses and government [member]
IFRS Statement [Line Items]
Balance at beginning of period	1,321
Balance, including off-balance sheet instruments, at beginning of period	1,499	736
Net remeasurement due to transfers into stage	(117)	(94)
New originations or purchases	1,123	871
Net repayments	(24)	(52)
Derecognition of financial assets (excluding disposals and write-offs)	(813)	(459)
Changes to risk, parameters, and models	(384)	727
Foreign exchange and other adjustments	(72)	(12)
Total Allowance for Loan Losses at end of period	1,037	1,321
Total Allowance, including off-balance sheet instruments, at end of period	1,186	1,499
Less: Total Allowance for off-balance sheet instruments	149	178
Stage 1 [member] | Businesses and government [member] | Transfer To Stage One [Member]
IFRS Statement [Line Items]
Transfer to Stage	476	255
Stage 1 [member] | Businesses and government [member] | Transfer To Stage Two [Member]
IFRS Statement [Line Items]
Transfer to Stage	(497)	(459)
Stage 1 [member] | Businesses and government [member] | Transfer To Stage Three [Member]
IFRS Statement [Line Items]
Transfer to Stage	(5)	(14)
Stage 2 [member]
IFRS Statement [Line Items]
Balance at beginning of period	4,902
Balance, including off-balance sheet instruments, at beginning of period	5,574
Total Allowance for Loan Losses at end of period	3,492	4,902
Total Allowance, including off-balance sheet instruments, at end of period	3,959	5,574
Less: Total Allowance for off-balance sheet instruments	467	672
Stage 2 [member] | Residential mortgages [member]
IFRS Statement [Line Items]
Balance at beginning of period	205	26
Net remeasurement due to transfers into stage	12	29
Net repayments	(4)	(1)
Derecognition of financial assets (excluding disposals and write-offs)	(35)	(11)
Changes to risk, parameters, and models	83	196
Recoveries		(1)
Foreign exchange and other adjustments	(5)
Total Allowance for Loan Losses at end of period	175	205
Stage 2 [member] | Residential mortgages [member] | Transfer To Stage One [Member]
IFRS Statement [Line Items]
Transfer to Stage	(123)	(65)
Stage 2 [member] | Residential mortgages [member] | Transfer To Stage Two [Member]
IFRS Statement [Line Items]
Transfer to Stage	56	46
Stage 2 [member] | Residential mortgages [member] | Transfer To Stage Three [Member]
IFRS Statement [Line Items]
Transfer to Stage	(14)	(14)
Stage 2 [member] | Consumer instalment and other personal [member]
IFRS Statement [Line Items]
Balance at beginning of period	1,265
Balance, including off-balance sheet instruments, at beginning of period	1,330	417
Net remeasurement due to transfers into stage	157	473
Net repayments	(96)	(62)
Derecognition of financial assets (excluding disposals and write-offs)	(159)	(73)
Changes to risk, parameters, and models	901	698
Foreign exchange and other adjustments	(36)	(7)
Total Allowance for Loan Losses at end of period	914	1,265
Total Allowance, including off-balance sheet instruments, at end of period	960	1,330
Less: Total Allowance for off-balance sheet instruments	46	65
Stage 2 [member] | Consumer instalment and other personal [member] | Transfer To Stage One [Member]
IFRS Statement [Line Items]
Transfer to Stage	(1,143)	(473)
Stage 2 [member] | Consumer instalment and other personal [member] | Transfer To Stage Two [Member]
IFRS Statement [Line Items]
Transfer to Stage	201	504
Stage 2 [member] | Consumer instalment and other personal [member] | Transfer To Stage Three [Member]
IFRS Statement [Line Items]
Transfer to Stage	(195)	(147)
Stage 2 [member] | Credit Card 1 [member]
IFRS Statement [Line Items]
Balance at beginning of period	1,726
Balance, including off-balance sheet instruments, at beginning of period	2,181	673
Net remeasurement due to transfers into stage	277	830
Net repayments	(20)	(7)
Derecognition of financial assets (excluding disposals and write-offs)	(131)	(174)
Changes to risk, parameters, and models	973	1,814
Foreign exchange and other adjustments	(94)	(20)
Total Allowance for Loan Losses at end of period	996	1,726
Total Allowance, including off-balance sheet instruments, at end of period	1,298	2,181
Less: Total Allowance for off-balance sheet instruments	302	455
Stage 2 [member] | Credit Card 1 [member] | Transfer To Stage One [Member]
IFRS Statement [Line Items]
Transfer to Stage	(1,488)	(970)
Stage 2 [member] | Credit Card 1 [member] | Transfer To Stage Two [Member]
IFRS Statement [Line Items]
Transfer to Stage	232	673
Stage 2 [member] | Credit Card 1 [member] | Transfer To Stage Three [Member]
IFRS Statement [Line Items]
Transfer to Stage	(632)	(638)
Stage 2 [member] | Businesses and government [member]
IFRS Statement [Line Items]
Balance at beginning of period	1,706
Balance, including off-balance sheet instruments, at beginning of period	1,858	740
Net remeasurement due to transfers into stage	122	256
Net repayments	(122)	(68)
Derecognition of financial assets (excluding disposals and write-offs)	(758)	(503)
Changes to risk, parameters, and models	578	1,334
Foreign exchange and other adjustments	(86)	(4)
Total Allowance for Loan Losses at end of period	1,407	1,706
Total Allowance, including off-balance sheet instruments, at end of period	1,526	1,858
Less: Total Allowance for off-balance sheet instruments	119	152
Stage 2 [member] | Businesses and government [member] | Transfer To Stage One [Member]
IFRS Statement [Line Items]
Transfer to Stage	(471)	(248)
Stage 2 [member] | Businesses and government [member] | Transfer To Stage Two [Member]
IFRS Statement [Line Items]
Transfer to Stage	508	482
Stage 2 [member] | Businesses and government [member] | Transfer To Stage Three [Member]
IFRS Statement [Line Items]
Transfer to Stage	(103)	(131)
Stage 3 [member]
IFRS Statement [Line Items]
Balance at beginning of period	844
Balance, including off-balance sheet instruments, at beginning of period	878
Total Allowance for Loan Losses at end of period	635	844
Total Allowance, including off-balance sheet instruments, at end of period	638	878
Less: Total Allowance for off-balance sheet instruments	3	34
Stage 3 [member] | Residential mortgages [member]
IFRS Statement [Line Items]
Balance at beginning of period	65	56
Derecognition of financial assets (excluding disposals and write-offs)	(55)	(22)
Changes to risk, parameters, and models	56	53
Write-offs	(16)	(26)
Recoveries	6	1
Foreign exchange and other adjustments	2	3
Total Allowance for Loan Losses at end of period	51	65
Stage 3 [member] | Residential mortgages [member] | Transfer To Stage One [Member]
IFRS Statement [Line Items]
Transfer to Stage	(3)	(1)
Stage 3 [member] | Residential mortgages [member] | Transfer To Stage Two [Member]
IFRS Statement [Line Items]
Transfer to Stage	(18)	(13)
Stage 3 [member] | Residential mortgages [member] | Transfer To Stage Three [Member]
IFRS Statement [Line Items]
Transfer to Stage	14	14
Stage 3 [member] | Consumer instalment and other personal [member]
IFRS Statement [Line Items]
Balance at beginning of period	187
Balance, including off-balance sheet instruments, at beginning of period	187	175
Net remeasurement due to transfers into stage	8	11
Net repayments	(14)	(11)
Derecognition of financial assets (excluding disposals and write-offs)	(41)	(31)
Changes to risk, parameters, and models	406	952
Disposals
Write-offs	(848)	(1,261)
Recoveries	317	278
Foreign exchange and other adjustments	(11)	(1)
Total Allowance for Loan Losses at end of period	139	187
Total Allowance, including off-balance sheet instruments, at end of period	139	187
Stage 3 [member] | Consumer instalment and other personal [member] | Transfer To Stage One [Member]
IFRS Statement [Line Items]
Transfer to Stage	(11)	(17)
Stage 3 [member] | Consumer instalment and other personal [member] | Transfer To Stage Two [Member]
IFRS Statement [Line Items]
Transfer to Stage	(56)	(66)
Stage 3 [member] | Consumer instalment and other personal [member] | Transfer To Stage Three [Member]
IFRS Statement [Line Items]
Transfer to Stage	202	158
Stage 3 [member] | Credit Card 1 [member]
IFRS Statement [Line Items]
Balance at beginning of period	204
Balance, including off-balance sheet instruments, at beginning of period	204	322
Net remeasurement due to transfers into stage	10	22
Net repayments	20	35
Derecognition of financial assets (excluding disposals and write-offs)	(219)	(378)
Changes to risk, parameters, and models	276	1,063
Write-offs	(1,011)	(1,720)
Recoveries	303	306
Foreign exchange and other adjustments	(12)	2
Total Allowance for Loan Losses at end of period	138	204
Total Allowance, including off-balance sheet instruments, at end of period	138	204
Stage 3 [member] | Credit Card 1 [member] | Transfer To Stage One [Member]
IFRS Statement [Line Items]
Transfer to Stage	(21)	(30)
Stage 3 [member] | Credit Card 1 [member] | Transfer To Stage Two [Member]
IFRS Statement [Line Items]
Transfer to Stage	(52)	(75)
Stage 3 [member] | Credit Card 1 [member] | Transfer To Stage Three [Member]
IFRS Statement [Line Items]
Transfer to Stage	640	657
Stage 3 [member] | Businesses and government [member]
IFRS Statement [Line Items]
Balance at beginning of period	388
Balance, including off-balance sheet instruments, at beginning of period	422	208
Net remeasurement due to transfers into stage	(2)	(4)
Net repayments	(92)	(54)
Derecognition of financial assets (excluding disposals and write-offs)	(358)	(242)
Changes to risk, parameters, and models	527	827
Disposals	(4)	(22)
Write-offs	(298)	(430)
Recoveries	49	52
Foreign exchange and other adjustments	(26)	(28)
Total Allowance for Loan Losses at end of period	307	388
Total Allowance, including off-balance sheet instruments, at end of period	310	422
Less: Total Allowance for off-balance sheet instruments	3	34
Stage 3 [member] | Businesses and government [member] | Transfer To Stage One [Member]
IFRS Statement [Line Items]
Transfer to Stage	(5)	(7)
Stage 3 [member] | Businesses and government [member] | Transfer To Stage Two [Member]
IFRS Statement [Line Items]
Transfer to Stage	(11)	(23)
Stage 3 [member] | Businesses and government [member] | Transfer To Stage Three [Member]
IFRS Statement [Line Items]
Transfer to Stage	$ 108	$ 145

Summary of Macroeconomic Variab

Summary of Macroeconomic Variables impacted in Determining ECLs (Details)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Base Forecast [Member] | Average Q4 2021 - Q3 2022 [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/Canadian dollar)	0.78	0.78
Base Forecast [Member] | Average Q4 2021 - Q3 2022 [member] | Canada [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	6.30%	8.40%
Real GDP	4.00%	2.40%
Home prices	4.70%	6.00%
Central bank policy interest rate	0.25%	0.25%
Base Forecast [Member] | Average Q4 2021 - Q3 2022 [member] | United States [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	4.30%	7.80%
Real GDP	4.50%	1.80%
Home prices	10.60%	2.90%
Central bank policy interest rate	0.25%	0.25%
U.S. 10-year treasury yield	1.93%	0.96%
U.S. 10-year BBB spread	1.45%	1.87%
Base Forecast [Member] | Remaining 4 year period [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/Canadian dollar)	0.79	0.77
Base Forecast [Member] | Remaining 4 year period [member] | Canada [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	5.70%	6.10%
Real GDP	2.10%	2.20%
Home prices	1.00%	1.10%
Central bank policy interest rate	1.52%	0.50%
Base Forecast [Member] | Remaining 4 year period [member] | United States [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	3.50%	4.80%
Real GDP	2.10%	2.40%
Home prices	3.10%	2.90%
Central bank policy interest rate	1.67%	0.50%
U.S. 10-year treasury yield	2.24%	1.82%
U.S. 10-year BBB spread	1.79%	1.80%
Upside Scenario [Member] | Average Q4 2021 - Q3 2022 [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/Canadian dollar)	0.79	0.78
Upside Scenario [Member] | Average Q4 2021 - Q3 2022 [member] | Canada [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	6.30%	7.80%
Real GDP	5.10%	3.20%
Home prices	6.40%	7.40%
Central bank policy interest rate	0.44%	0.25%
Upside Scenario [Member] | Average Q4 2021 - Q3 2022 [member] | United States [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	4.30%	7.10%
Real GDP	5.60%	2.30%
Home prices	13.50%	3.40%
Central bank policy interest rate	0.44%	0.25%
U.S. 10-year treasury yield	2.14%	1.39%
U.S. 10-year BBB spread	1.39%	1.77%
Upside Scenario [Member] | Remaining 4 year period [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/Canadian dollar)	0.80	0.81
Upside Scenario [Member] | Remaining 4 year period [member] | Canada [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	5.40%	5.70%
Real GDP	2.10%	2.80%
Home prices	2.00%	3.10%
Central bank policy interest rate	1.84%	0.64%
Upside Scenario [Member] | Remaining 4 year period [member] | United States [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	3.20%	4.10%
Real GDP	2.00%	3.00%
Home prices	3.20%	4.10%
Central bank policy interest rate	2.02%	0.72%
U.S. 10-year treasury yield	2.33%	2.78%
U.S. 10-year BBB spread	1.71%	1.53%
Downside Scenario [Member] | Average Q4 2021 - Q3 2022 [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/Canadian dollar)	0.76	0.76
Downside Scenario [Member] | Average Q4 2021 - Q3 2022 [member] | Canada [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	8.00%	10.20%
Real GDP	(0.10%)	(0.70%)
Home prices	1.00%	(3.50%)
Central bank policy interest rate	0.25%	0.25%
Downside Scenario [Member] | Average Q4 2021 - Q3 2022 [member] | United States [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	5.70%	9.40%
Real GDP	1.30%	(1.50%)
Home prices	7.40%	(2.40%)
Central bank policy interest rate	0.25%	0.25%
U.S. 10-year treasury yield	1.33%	0.69%
U.S. 10-year BBB spread	1.73%	2.14%
Downside Scenario [Member] | Remaining 4 year period [member]
Disclosure of detailed information about financial instruments [line items]
Exchange rate (U.S. dollar/Canadian dollar)	0.77	0.77
Downside Scenario [Member] | Remaining 4 year period [member] | Canada [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	7.30%	6.20%
Real GDP	2.50%	2.90%
Home prices	(0.40%)	3.50%
Central bank policy interest rate	0.86%	0.39%
Downside Scenario [Member] | Remaining 4 year period [member] | United States [member]
Disclosure of detailed information about financial instruments [line items]
Unemployment rate	4.80%	5.10%
Real GDP	2.40%	3.10%
Home prices	1.90%	4.10%
Central bank policy interest rate	1.02%	0.39%
U.S. 10-year treasury yield	2.06%	1.71%
U.S. 10-year BBB spread	1.79%	1.81%

Schedule of Change from Base to

Schedule of Change from Base to Probability-Weighted ECL (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of detailed information about financial instruments [line items]
Difference – in amount	$ 196	$ 343
Expected credit loss rate	3.00%	4.00%
Probability weighted method [member]
Disclosure of detailed information about financial instruments [line items]
Probability-weighted ECLs	$ 6,608	$ 8,500
Base Scenario [Member]
Disclosure of detailed information about financial instruments [line items]
Base ECLs	$ 6,412	$ 8,157

Schedule of Incremental Lifetim

Schedule of Incremental Lifetime ECL Impact (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
IFRS Statement [Line Items]
Incremental lifetime ECLs impact	$ 1,705	$ 2,018
12-month expected credit losses [member]
IFRS Statement [Line Items]
All performing loans and off-balance sheet instruments using 12-month ECLs	4,903	6,482
Stage One and Two [member]
IFRS Statement [Line Items]
Probability-weighted ECLs	$ 6,608	$ 8,500

Summary of Loans Past Due but N

Summary of Loans Past Due but Not Impaired (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of detailed information about financial instruments [line items]
Gross Loans	$ 729,012	$ 725,812
Financial assets past due but not impaired [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	2,182	2,494
Financial assets past due but not impaired [member] | Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	291	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	668	790
Financial assets past due but not impaired [member] | Credit Card 1 [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	299	367
Financial assets past due but not impaired [member] | Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	924	1,052
Later than one month and not later than two months [member] | Financial assets past due but not impaired [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	1,712	1,752
Later than one month and not later than two months [member] | Financial assets past due but not impaired [member] | Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	229	221
Later than one month and not later than two months [member] | Financial assets past due but not impaired [member] | Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	512	590
Later than one month and not later than two months [member] | Financial assets past due but not impaired [member] | Credit Card 1 [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	186	218
Later than one month and not later than two months [member] | Financial assets past due but not impaired [member] | Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	785	723
Later than two months and not later than three months [member] | Financial assets past due but not impaired [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	470	742
Later than two months and not later than three months [member] | Financial assets past due but not impaired [member] | Residential mortgages [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	62	64
Later than two months and not later than three months [member] | Financial assets past due but not impaired [member] | Consumer instalment and other personal [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	156	200
Later than two months and not later than three months [member] | Financial assets past due but not impaired [member] | Credit Card 1 [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	113	149
Later than two months and not later than three months [member] | Financial assets past due but not impaired [member] | Businesses and government [member]
Disclosure of detailed information about financial instruments [line items]
Gross Loans	$ 139	$ 329

Loans, Impaired Loans, and Al_3

Loans, Impaired Loans, and Allowance for Credit Losses (Details Narrative) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Disclosure of detailed information about financial instruments [line items]
Foreclosed assets held for sale	$ 53	$ 77
Collateral held against impaired loans	83.00%	86.00%
Modified Loans [Member]
Disclosure of detailed information about financial instruments [line items]
Financial assets at amortised cost	$ 489	$ 7,700
Gross carrying amount	$ 1,100	$ 609

Summary of Carrying Amount and

Summary of Carrying Amount and Fair Value of Transferred Financial Assets Not Qualifying for Derecognition (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Other Financial Asset [Member]
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	$ 65,083	$ 67,599
Associated liabilities	20,871	27,971
Gross carrying amount [member] | Securitisations [member]
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	28,574	29,355
Associated liabilities	28,767	29,486
Gross carrying amount [member] | Securitisations [member] | Residential Mortgage Loans [Member]
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	24,367	25,271
Gross carrying amount [member] | Securitisations [member] | Other Financial Asset [Member]
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	4,207	4,084
At fair value [member] | Securitisations [member]
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	28,637	29,723
Associated liabilities	28,707	29,861
At fair value [member] | Securitisations [member] | Residential Mortgage Loans [Member]
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	24,428	25,622
At fair value [member] | Securitisations [member] | Other Financial Asset [Member]
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	$ 4,209	$ 4,101

Summary of Carrying Amount an_2

Summary of Carrying Amount and Fair Value of Transferred Financial Assets Not Qualifying for Derecognition (Parenthetical) (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of transferred financial assets that are not derecognised in their entirety [abstract]
Securitization liabilities at amortized cost	$ 15,262	$ 15,768
Securitization liabilities at fair value	$ 13,505	$ 13,718

Summary of Carrying Amount an_3

Summary of Carrying Amount and Fair Value of Transferred Other Financial Assets Not Qualifying for Derecognition (Details) - Other Financial Assets [member] - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	$ 65,083	$ 67,599
Associated liabilities	20,871	27,971
Repurchase agreements [member]
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	20,849	28,665
Securities lending agreements [member]
Disclosure of transferred financial assets that are not derecognised in their entirety [line items]
Financial assets not qualifying for derecognition	$ 44,234	$ 38,934

Summary of Carrying Amount an_4

Summary of Carrying Amount and Fair Value of Transferred Other Financial Assets Not Qualifying for Derecognition (Parenthetical) (Details) - CAD ($) $ in Billions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of other financial assets not qualifying for derecognition [abstract]
Other assets related to repurchase agreements collateralized by precious metals	$ 2	$ 2.4

Transfers of Financial Assets_2

Transfers of Financial Assets (Details Narrative)	12 Months Ended
	Oct. 31, 2021CAD ($)Customer	Oct. 31, 2020CAD ($)ClassAction	Oct. 31, 2019CAD ($)
Disclosure of continuing involvement in derecognised financial assets [line items]
Trading income recognized	$ 313,000,000	$ 1,404,000,000	$ 1,047,000,000
Retained interests [member]
Disclosure of continuing involvement in derecognised financial assets [line items]
Fair value of financial assets the Bank has continuing involvement	9,000,000	14,000,000
Trading income recognized	$ 0	$ 0
Canada Emergency Business Account Program [Member]
Disclosure of continuing involvement in derecognised financial assets [line items]
Canada emergency business account loan description	Under the Canada Emergency Business Account (CEBA) Program, with funding provided by Her Majesty in Right of Canada (the “Government of Canada”) and Export Development Canada as the Government of Canada’s agent, the Bank provided 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. The application window for new CEBA loans and expansion requests closed on June 30, 2021. The funding provided to the Bank by the Government of Canada in respect of the CEBA Program represents an obligation to passthrough collections on the CEBA loans and is otherwise non-recourse to the Bank. Accordingly, the Bank is required to remit all collections of principal and interest on the CEBA loans to the Government of Canada but is not required to repay amounts that its customers fail to pay or that have been forgiven. The Bank receives an administration fee to recover the costs to administer the program for the Government of Canada. Loans issued under the program are not recognized on the Bank’s Consolidated Balance Sheet, as the Bank transfers substantially all risks and rewards in respect of the loans to the Government of Canada. As of October 31, 2021, the Bank had provided approximately 213,000 customers (October 31, 2020 – 184,000) with CEBA loans and had funded approximately $11.6 billion (October 31, 2020 – $7.3 billion) in loans under the program.
Enrolled customers	213,000	184,000
Funded loans outstanding	$ 11,600,000	$ 7,300,000
Canada Emergency Business Account Program [Member] | Top of range [member]
Disclosure of continuing involvement in derecognised financial assets [line items]
CEBA Loan Eligible Amount	60,000,000,000
Servicing Rights [Member] | US Residential Mortgages Originated By Bank [Member]
Disclosure of continuing involvement in derecognised financial assets [line items]
Fair value of financial assets the Bank has continuing involvement	93,000,000	56,000,000
Carrying value of assets the Bank has continuing involvement	87,000,000	61,000,000
Gain or loss on sale of the loans	$ 66,000,000	$ 78,000,000

Structured Entities (Details Na

Structured Entities (Details Narrative) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Nov. 01, 2021	Jun. 30, 2021	Jun. 30, 2019	Dec. 31, 2018
TD Capital Trust III [member]
Disclosure of unconsolidated structured entities [line items]
Redemption of outstanding amount						$ 1,000
TD Capital Trust IV Notes [member]
Disclosure of unconsolidated structured entities [line items]
Redemption of outstanding amount			$ 450	$ 750	$ 550
Asset Management Entities [Member] | Unconsolidated structured entities [member]
Disclosure of unconsolidated structured entities [line items]
Non-interest income received from involvement with these asset management entities	$ 2,300	$ 2,100
Income Received From Structured Entities	2,000	1,800
Total assets under management	$ 286,800	$ 241,400

Summary of Carrying Amount an_5

Summary of Carrying Amount and Maximum Exposure to Unconsolidated Structured Entities (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
FINANCIAL ASSETS
Trading loans, securities, and other	$ 147,590	$ 148,318
Non-trading financial assets at fair value through profit or loss	9,390	8,548
Derivatives	54,427	54,242
Financial assets designated at fair value through profit or loss	4,564	4,739
Financial assets at fair value through other comprehensive income	79,066	103,285
Debt securities at amortized cost, net of allowance for credit losses	268,939	227,679
Loans	722,622	717,523
Other	17,179	18,856
FINANCIAL LIABILITIES
Derivatives	57,122	53,203
Obligations related to securities sold short	42,384	34,999
Unconsolidated structured entities [member]
FINANCIAL ASSETS
Trading loans, securities, and other	11,143	8,655
Non-trading financial assets at fair value through profit or loss	6,499	4,261
Derivatives	95	374
Financial assets designated at fair value through profit or loss	6	23
Financial assets at fair value through other comprehensive income	25,696	32,680
Debt securities at amortized cost, net of allowance for credit losses	117,670	104,942
Loans	2,403	2,139
Other	3,025	3,106
Total assets	166,537	156,180
FINANCIAL LIABILITIES
Derivatives	513	150
Obligations related to securities sold short	2,564	3,672
Total liabilities	3,077	3,822
Off-balance sheet exposure	20,633	22,825
Maximum exposure to loss from involvement with unconsolidated structured entities	184,093	175,183
Size of sponsored unconsolidated structured entities	53,550	49,348
Securitisation vehicles [member] | Unconsolidated structured entities [member]
FINANCIAL ASSETS
Trading loans, securities, and other	10,060	7,810
Non-trading financial assets at fair value through profit or loss	5,770	3,680
Financial assets at fair value through other comprehensive income	23,446	30,278
Debt securities at amortized cost, net of allowance for credit losses	117,246	104,914
Loans	2,399	2,134
Other	4	8
Total assets	158,925	148,824
FINANCIAL LIABILITIES
Obligations related to securities sold short	2,199	3,337
Total liabilities	2,199	3,337
Off-balance sheet exposure	13,372	16,431
Maximum exposure to loss from involvement with unconsolidated structured entities	170,098	161,918
Size of sponsored unconsolidated structured entities	10,266	10,862
Investment funds and trusts [member] | Unconsolidated structured entities [member]
FINANCIAL ASSETS
Trading loans, securities, and other	1,083	845
Non-trading financial assets at fair value through profit or loss	665	513
Derivatives	95	368
Financial assets designated at fair value through profit or loss	6	23
Financial assets at fair value through other comprehensive income	2,247	2,395
Debt securities at amortized cost, net of allowance for credit losses	424	28
Loans	4	5
Total assets	4,524	4,177
FINANCIAL LIABILITIES
Derivatives	513	150
Obligations related to securities sold short	365	335
Total liabilities	878	485
Off-balance sheet exposure	5,962	5,105
Maximum exposure to loss from involvement with unconsolidated structured entities	9,608	8,797
Size of sponsored unconsolidated structured entities	42,834	37,286
Structured entities other [member] | Unconsolidated structured entities [member]
FINANCIAL ASSETS
Non-trading financial assets at fair value through profit or loss	64	68
Derivatives		6
Financial assets at fair value through other comprehensive income	3	7
Other	3,021	3,098
Total assets	3,088	3,179
FINANCIAL LIABILITIES
Off-balance sheet exposure	1,299	1,289
Maximum exposure to loss from involvement with unconsolidated structured entities	4,387	4,468
Size of sponsored unconsolidated structured entities	$ 450	$ 1,200

Summary of Fair Value of Deriva

Summary of Fair Value of Derivatives (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	$ 54,427	$ 54,242
Derivative financial liabilities	57,122	53,203
Trading Derivatives [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	48,050	46,761
Derivative financial liabilities	50,645	47,682
Trading Derivatives [member] | Interest rate contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	8,241	13,650
Derivative financial liabilities	10,216	16,460
Trading Derivatives [member] | Interest rate contracts [member] | Forward Rate Agreements [Member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	37	38
Trading Derivatives [member] | Interest rate contracts [member] | Swaps [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	7,430	12,290
Trading Derivatives [member] | Interest rate contracts [member] | Options purchased [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	774	1,322
Trading Derivatives [member] | Interest rate contracts [member] | Forward Rate Agreements [Member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial liabilities	68	71
Trading Derivatives [member] | Interest rate contracts [member] | Swaps [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial liabilities	9,450	15,068
Trading Derivatives [member] | Interest rate contracts [member] | Options written [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial liabilities	698	1,321
Trading Derivatives [member] | Foreign exchange contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	33,098	27,038
Derivative financial liabilities	32,095	25,727
Trading Derivatives [member] | Foreign exchange contracts [member] | Swaps [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	16,638	10,858
Trading Derivatives [member] | Foreign exchange contracts [member] | Options purchased [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	172	256
Trading Derivatives [member] | Foreign exchange contracts [member] | Forward contract [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	9	818
Trading Derivatives [member] | Foreign exchange contracts [member] | Cross-currency interest rate swaps [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	16,279	15,106
Trading Derivatives [member] | Foreign exchange contracts [member] | Swaps [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial liabilities	14,947	9,649
Trading Derivatives [member] | Foreign exchange contracts [member] | Options written [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial liabilities	238	286
Trading Derivatives [member] | Foreign exchange contracts [member] | Forward contract [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial liabilities	1,849	1,361
Trading Derivatives [member] | Foreign exchange contracts [member] | Cross-currency interest rate swaps [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial liabilities	15,061	14,431
Trading Derivatives [member] | Credit Derivative Contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	68	10
Derivative financial liabilities	207	174
Trading Derivatives [member] | Credit Derivative Contracts [member] | Credit default swaps-protection purchased [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	1	3
Trading Derivatives [member] | Credit Derivative Contracts [member] | Credit default swap-protection sold [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	67	7
Trading Derivatives [member] | Credit Derivative Contracts [member] | Credit default swaps-protection purchased [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial liabilities	207	165
Trading Derivatives [member] | Credit Derivative Contracts [member] | Credit default swap-protection sold [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial liabilities		9
Trading Derivatives [member] | Other contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	6,643	6,063
Derivative financial liabilities	8,127	5,321
Trading Derivatives [member] | Other contracts [member] | Equity contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	3,752	3,649
Trading Derivatives [member] | Other contracts [member] | Commodity Derivatives [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	2,891	2,414
Trading Derivatives [member] | Other contracts [member] | Equity contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial liabilities	6,223	3,328
Trading Derivatives [member] | Other contracts [member] | Commodity Derivatives [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial liabilities	1,904	1,993
Non Trading Derivatives [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	6,377	7,481
Derivative financial liabilities	6,477	5,521
Non Trading Derivatives [member] | Interest rate contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	2,041	4,310
Derivative financial liabilities	1,467	2,674
Non Trading Derivatives [member] | Interest rate contracts [member] | Forward Rate Agreements [Member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	2	2
Non Trading Derivatives [member] | Interest rate contracts [member] | Swaps [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	2,000	4,299
Non Trading Derivatives [member] | Interest rate contracts [member] | Options written [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	1
Non Trading Derivatives [member] | Interest rate contracts [member] | Options purchased [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	38	9
Non Trading Derivatives [member] | Interest rate contracts [member] | Forward Rate Agreements [Member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial liabilities	1	1
Non Trading Derivatives [member] | Interest rate contracts [member] | Swaps [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial liabilities	1,465	2,671
Non Trading Derivatives [member] | Interest rate contracts [member] | Options written [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial liabilities	1	2
Non Trading Derivatives [member] | Foreign exchange contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	2,718	2,580
Derivative financial liabilities	3,080	1,587
Non Trading Derivatives [member] | Foreign exchange contracts [member] | Swaps [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	5	8
Non Trading Derivatives [member] | Foreign exchange contracts [member] | Forward contract [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	1,475	608
Non Trading Derivatives [member] | Foreign exchange contracts [member] | Cross-currency interest rate swaps [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	1,238	1,964
Non Trading Derivatives [member] | Foreign exchange contracts [member] | Swaps [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial liabilities	1	1
Non Trading Derivatives [member] | Foreign exchange contracts [member] | Forward contract [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial liabilities	267	187
Non Trading Derivatives [member] | Foreign exchange contracts [member] | Cross-currency interest rate swaps [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial liabilities	2,812	1,399
Non Trading Derivatives [member] | Credit Derivative Contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	2	9
Derivative financial liabilities	138	153
Non Trading Derivatives [member] | Credit Derivative Contracts [member] | Credit default swaps-protection purchased [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	2	9
Non Trading Derivatives [member] | Credit Derivative Contracts [member] | Credit default swaps-protection purchased [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial liabilities	138	153
Non Trading Derivatives [member] | Other contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	1,616	582
Derivative financial liabilities	1,792	1,107
Non Trading Derivatives [member] | Other contracts [member] | Equity contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	1,616	582
Non Trading Derivatives [member] | Other contracts [member] | Equity contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial liabilities	$ 1,792	$ 1,107

Summary of Fair Values of Non-T

Summary of Fair Values of Non-Trading Derivative Instruments Categorized by Hedging Relationships (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	$ 54,427	$ 54,242
Derivative financial liabilities	57,122	53,203
Derivatives held or issued for non-trading purposes [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	6,377	7,481
Derivative financial liabilities	6,477	5,521
Derivatives held or issued for non-trading purposes [member] | Interest rate contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	2,041	4,310
Derivative financial liabilities	1,467	2,674
Derivatives held or issued for non-trading purposes [member] | Foreign exchange contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	2,718	2,580
Derivative financial liabilities	3,080	1,587
Derivatives held or issued for non-trading purposes [member] | Credit Derivative Contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	2	9
Derivative financial liabilities	138	153
Derivatives held or issued for non-trading purposes [member] | Other contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	1,616	582
Derivative financial liabilities	1,792	1,107
Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Fair value hedges [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	548	1,624
Derivative financial liabilities	346	884
Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Fair value hedges [member] | Interest rate contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	548	1,624
Derivative financial liabilities	346	884
Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Cash flow hedges [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	3,706	3,764
Derivative financial liabilities	3,100	1,769
Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Cash flow hedges [member] | Interest rate contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	148	1,061
Derivative financial liabilities	213	81
Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Cash flow hedges [member] | Foreign exchange contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	2,631	2,503
Derivative financial liabilities	2,887	1,546
Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Cash flow hedges [member] | Other contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	927	200
Derivative financial liabilities		142
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	2,123	2,093
Derivative financial liabilities	3,031	2,868
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member] | Interest rate contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	1,345	1,625
Derivative financial liabilities	908	1,709
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member] | Foreign exchange contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	87	77
Derivative financial liabilities	193	41
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member] | Credit Derivative Contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	2	9
Derivative financial liabilities	138	153
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member] | Other contracts [member]
Disclosure Of Derivative Financial Instruments [Line Items]
Derivative financial assets	689	382
Derivative financial liabilities	$ 1,792	$ 965

Summary of Effect of Fair Value

Summary of Effect of Fair Value Hedges and Cash Flow and Net Investment Hedges (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Change in value of hedged items for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
Total assets	$ (5,594)	$ 4,624
Total liabilities	2,640	(4,409)
TOTAL	(2,954)	215	$ 1,966
Change in value of hedged items for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Deposits 1 [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	2,529	(3,962)
Change in value of hedged items for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Securitization liabilities at amortised cost, category [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	20	(201)
Change in value of hedged items for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Subordinated notes and debentures [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	91	(246)
Change in value of hedged items for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Debt securities amortized cost [member]
Disclosure of detailed information about hedges [line items]
Total assets	(2,039)	1,377
Change in value of hedged items for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Financial assets at fair value through other comprehensive income, category [member]
Disclosure of detailed information about hedges [line items]
Total assets	(1,952)	1,413
Change in value of hedged items for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Loans [member]
Disclosure of detailed information about hedges [line items]
Total assets	(1,603)	1,834
Change in value of hedged items for ineffectiveness measurement [member] | Cash flow hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	3,094	(4,649)	(4,958)
Change in value of hedged items for ineffectiveness measurement [member] | Cash flow hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	2,084	(3,884)
Change in value of hedged items for ineffectiveness measurement [member] | Cash flow hedges [member] | Currency risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	1,962	(1,129)
Change in value of hedged items for ineffectiveness measurement [member] | Cash flow hedges [member] | Equity price risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(952)	364
Change in value of hedged items for ineffectiveness measurement [member] | Net investment hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(2,649)	394	(180)
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
Total assets	5,707	(4,636)
Total liabilities	(2,681)	4,370
TOTAL	3,026	(266)	(1,992)
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Deposits 1 [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	(2,569)	3,922
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Securitization liabilities at amortised cost, category [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	(20)	202
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Subordinated notes and debentures [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	(92)	246
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Debt securities amortized cost [member]
Disclosure of detailed information about hedges [line items]
Total assets	2,065	(1,384)
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Financial assets at fair value through other comprehensive income, category [member]
Disclosure of detailed information about hedges [line items]
Total assets	1,981	(1,414)
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Fair value hedges [member] | Interest rate risk [member] | Loans [member]
Disclosure of detailed information about hedges [line items]
Total assets	1,661	(1,838)
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Cash flow hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(3,097)	4,649	4,961
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Cash flow hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(2,087)	3,891
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Cash flow hedges [member] | Currency risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(1,962)	1,122
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Cash flow hedges [member] | Equity price risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	952	(364)
Change in fair value of hedging instruments for ineffectiveness measurement [member] | Net investment hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	2,649	(394)	180
Hedge ineffectiveness [member] | Fair value hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
Total assets	113	(12)
Total liabilities	(41)	(39)
TOTAL	72	(51)	(26)
Hedge ineffectiveness [member] | Fair value hedges [member] | Interest rate risk [member] | Deposits 1 [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	(40)	(40)
Hedge ineffectiveness [member] | Fair value hedges [member] | Interest rate risk [member] | Securitization liabilities at amortised cost, category [member]
Disclosure of detailed information about hedges [line items]
Total liabilities		1
Hedge ineffectiveness [member] | Fair value hedges [member] | Interest rate risk [member] | Subordinated notes and debentures [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	(1)
Hedge ineffectiveness [member] | Fair value hedges [member] | Interest rate risk [member] | Debt securities amortized cost [member]
Disclosure of detailed information about hedges [line items]
Total assets	26	(7)
Hedge ineffectiveness [member] | Fair value hedges [member] | Interest rate risk [member] | Financial assets at fair value through other comprehensive income, category [member]
Disclosure of detailed information about hedges [line items]
Total assets	29	(1)
Hedge ineffectiveness [member] | Fair value hedges [member] | Interest rate risk [member] | Loans [member]
Disclosure of detailed information about hedges [line items]
Total assets	58	(4)
Hedge ineffectiveness [member] | Cash flow hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(3)		3
Hedge ineffectiveness [member] | Cash flow hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(3)	7
Hedge ineffectiveness [member] | Cash flow hedges [member] | Currency risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL		(7)
Hedging gain losses recognized in other comprehensive income [member] | Cash flow hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(3,171)	4,508	4,697
Hedging gain losses recognized in other comprehensive income [member] | Cash flow hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(1,682)	4,222
Hedging gain losses recognized in other comprehensive income [member] | Cash flow hedges [member] | Currency risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(2,441)	650
Hedging gain losses recognized in other comprehensive income [member] | Cash flow hedges [member] | Equity price risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	952	(364)
Hedging gain losses recognized in other comprehensive income [member] | Net investment hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	2,649	(394)	180
Amounts reclassified from accumulated other comprehensive income loss to earnings [member] | Cash flow hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(606)	1,358	(673)
Amounts reclassified from accumulated other comprehensive income loss to earnings [member] | Cash flow hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	1,162	609
Amounts reclassified from accumulated other comprehensive income loss to earnings [member] | Cash flow hedges [member] | Currency risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(2,604)	1,043
Amounts reclassified from accumulated other comprehensive income loss to earnings [member] | Cash flow hedges [member] | Equity price risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	836	(294)
Amounts reclassified from accumulated other comprehensive income loss to earnings [member] | Net investment hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL		(2,077)
Net change in other comprehensive income loss [member] | Cash flow hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(2,565)	3,150	5,370
Net change in other comprehensive income loss [member] | Cash flow hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	(2,844)	3,613
Net change in other comprehensive income loss [member] | Cash flow hedges [member] | Currency risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	163	(393)
Net change in other comprehensive income loss [member] | Cash flow hedges [member] | Equity price risk [member]
Disclosure of detailed information about hedges [line items]
TOTAL	116	(70)
Net change in other comprehensive income loss [member] | Net investment hedges [member]
Disclosure of detailed information about hedges [line items]
TOTAL	2,649	1,683	$ 180
Carrying amounts hedged items [member] | Fair value hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
Total assets	195,368	161,114
Total liabilities	126,627	148,641
Carrying amounts hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Deposits 1 [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	123,765	142,464
Carrying amounts hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Securitization liabilities at amortised cost, category [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	1,536	3,519
Carrying amounts hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Subordinated notes and debentures [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	1,326	2,658
Carrying amounts hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Debt securities amortized cost [member]
Disclosure of detailed information about hedges [line items]
Total assets	86,716	59,095
Carrying amounts hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Financial assets at fair value through other comprehensive income, category [member]
Disclosure of detailed information about hedges [line items]
Total assets	47,306	66,000
Carrying amounts hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Loans [member]
Disclosure of detailed information about hedges [line items]
Total assets	61,346	36,019
Accumulated amount of fair value hedge adjustments on hedged items [member] | Fair value hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
Total assets	94	6,443
Total liabilities	769	5,044
Accumulated amount of fair value hedge adjustments on hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Deposits 1 [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	638	4,703
Accumulated amount of fair value hedge adjustments on hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Securitization liabilities at amortised cost, category [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	147	230
Accumulated amount of fair value hedge adjustments on hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Subordinated notes and debentures [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	(16)	111
Accumulated amount of fair value hedge adjustments on hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Debt securities amortized cost [member]
Disclosure of detailed information about hedges [line items]
Total assets	466	2,572
Accumulated amount of fair value hedge adjustments on hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Financial assets at fair value through other comprehensive income, category [member]
Disclosure of detailed information about hedges [line items]
Total assets	(277)	1,812
Accumulated amount of fair value hedge adjustments on hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Loans [member]
Disclosure of detailed information about hedges [line items]
Total assets	(95)	2,059
Accumulated amount of fair value hedge adjustments on dedesignated hedged items [member] | Fair value hedges [member] | Interest rate risk [member]
Disclosure of detailed information about hedges [line items]
Total assets	113	304
Total liabilities	31	59
Accumulated amount of fair value hedge adjustments on dedesignated hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Deposits 1 [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	20	72
Accumulated amount of fair value hedge adjustments on dedesignated hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Subordinated notes and debentures [member]
Disclosure of detailed information about hedges [line items]
Total liabilities	11	(13)
Accumulated amount of fair value hedge adjustments on dedesignated hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Debt securities amortized cost [member]
Disclosure of detailed information about hedges [line items]
Total assets	58	215
Accumulated amount of fair value hedge adjustments on dedesignated hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Financial assets at fair value through other comprehensive income, category [member]
Disclosure of detailed information about hedges [line items]
Total assets	30	52
Accumulated amount of fair value hedge adjustments on dedesignated hedged items [member] | Fair value hedges [member] | Interest rate risk [member] | Loans [member]
Disclosure of detailed information about hedges [line items]
Total assets	$ 25	$ 37

Summary of Reconciliation of Ac

Summary of Reconciliation of Accumulated Other Comprehensive Income (Loss) (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Cash flow hedges [member] | Accumulated other comprehensive income (loss) [member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	$ 2,566	$ 5,131	$ 1,981
Cash flow hedges [member] | Net Change In Other Comprehensive Income Loss [member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	(2,565)	3,150
Cash flow hedges [member] | Accumulated Other Comprehensive Income Designated Hedge [Member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	(869)	1,796
Cash flow hedges [member] | Accumulated Other Comprehensive Income De Designated Hedge [Member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	3,435	3,335
Cash flow hedges [member] | Interest rate risk [member] | Accumulated other comprehensive income (loss) [member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	2,372	5,216	1,603
Cash flow hedges [member] | Interest rate risk [member] | Net Change In Other Comprehensive Income Loss [member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	(2,844)	3,613
Cash flow hedges [member] | Interest rate risk [member] | Accumulated Other Comprehensive Income Designated Hedge [Member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	(1,063)	1,881
Cash flow hedges [member] | Interest rate risk [member] | Accumulated Other Comprehensive Income De Designated Hedge [Member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	3,435	3,335
Cash flow hedges [member] | Currency risk [member] | Accumulated other comprehensive income (loss) [member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	123	(40)	353
Cash flow hedges [member] | Currency risk [member] | Net Change In Other Comprehensive Income Loss [member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	163	(393)
Cash flow hedges [member] | Currency risk [member] | Accumulated Other Comprehensive Income Designated Hedge [Member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	123	(40)
Cash flow hedges [member] | Equity price risk [member] | Accumulated other comprehensive income (loss) [member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	71	(45)	25
Cash flow hedges [member] | Equity price risk [member] | Net Change In Other Comprehensive Income Loss [member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	116	(70)
Cash flow hedges [member] | Equity price risk [member] | Accumulated Other Comprehensive Income Designated Hedge [Member]
Disclosure of detailed information about hedges [line items]
Total cash flow hedges	71	(45)
Hedges of net investment in foreign operations [member] | Accumulated other comprehensive income (loss) [member]
Disclosure of detailed information about hedges [line items]
Foreign translation risk	(1,177)	(3,826)	$ (5,509)
Hedges of net investment in foreign operations [member] | Net Change In Other Comprehensive Income Loss [member]
Disclosure of detailed information about hedges [line items]
Foreign translation risk	2,649	1,683
Hedges of net investment in foreign operations [member] | Accumulated Other Comprehensive Income Designated Hedge [Member]
Disclosure of detailed information about hedges [line items]
Foreign translation risk	$ (1,177)	$ (3,826)

Summary of Notional Amounts of

Summary of Notional Amounts of Over the Counter and Exchange Traded Derivatives (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of financial assets [line items]
Notional amount	$ 548,617	$ 512,740
Trading Derivatives [member]
Disclosure of financial assets [line items]
Notional amount	16,436,634
Trading Derivatives [member] | Over -the-counter clearing houses [member]
Disclosure of financial assets [line items]
Notional amount	11,088,078
Trading Derivatives [member] | Over-the-counter non-clearing house [member]
Disclosure of financial assets [line items]
Notional amount	4,223,226
Trading Derivatives [member] | Exchange traded contracts [member]
Disclosure of financial assets [line items]
Notional amount	1,125,330
Trading Derivatives [member] | Interest rate contracts [member]
Disclosure of financial assets [line items]
Notional amount	12,573,402
Trading Derivatives [member] | Interest rate contracts [member] | Futures contract [member]
Disclosure of financial assets [line items]
Notional amount	896,396
Trading Derivatives [member] | Interest rate contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	518,495
Trading Derivatives [member] | Interest rate contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	108,465
Trading Derivatives [member] | Interest rate contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	115,817
Trading Derivatives [member] | Interest rate contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	10,934,229
Trading Derivatives [member] | Interest rate contracts [member] | Over -the-counter clearing houses [member]
Disclosure of financial assets [line items]
Notional amount	11,076,994
Trading Derivatives [member] | Interest rate contracts [member] | Over -the-counter clearing houses [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	501,519
Trading Derivatives [member] | Interest rate contracts [member] | Over -the-counter clearing houses [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	10,575,475
Trading Derivatives [member] | Interest rate contracts [member] | Over-the-counter non-clearing house [member]
Disclosure of financial assets [line items]
Notional amount	521,148
Trading Derivatives [member] | Interest rate contracts [member] | Over-the-counter non-clearing house [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	16,976
Trading Derivatives [member] | Interest rate contracts [member] | Over-the-counter non-clearing house [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	71,408
Trading Derivatives [member] | Interest rate contracts [member] | Over-the-counter non-clearing house [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	74,010
Trading Derivatives [member] | Interest rate contracts [member] | Over-the-counter non-clearing house [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	358,754
Trading Derivatives [member] | Interest rate contracts [member] | Exchange traded contracts [member]
Disclosure of financial assets [line items]
Notional amount	975,260
Trading Derivatives [member] | Interest rate contracts [member] | Exchange traded contracts [member] | Futures contract [member]
Disclosure of financial assets [line items]
Notional amount	896,396
Trading Derivatives [member] | Interest rate contracts [member] | Exchange traded contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	37,057
Trading Derivatives [member] | Interest rate contracts [member] | Exchange traded contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	41,807
Trading Derivatives [member] | Foreign exchange contracts [member]
Disclosure of financial assets [line items]
Notional amount	3,558,825
Trading Derivatives [member] | Foreign exchange contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	189,096
Trading Derivatives [member] | Foreign exchange contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	19,173
Trading Derivatives [member] | Foreign exchange contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	16,758
Trading Derivatives [member] | Foreign exchange contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	2,366,501
Trading Derivatives [member] | Foreign exchange contracts [member] | Cross-currency interest rate swaps [member]
Disclosure of financial assets [line items]
Notional amount	967,297
Trading Derivatives [member] | Foreign exchange contracts [member] | Over-the-counter non-clearing house [member]
Disclosure of financial assets [line items]
Notional amount	3,558,792
Trading Derivatives [member] | Foreign exchange contracts [member] | Over-the-counter non-clearing house [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	189,096
Trading Derivatives [member] | Foreign exchange contracts [member] | Over-the-counter non-clearing house [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	19,156
Trading Derivatives [member] | Foreign exchange contracts [member] | Over-the-counter non-clearing house [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	16,742
Trading Derivatives [member] | Foreign exchange contracts [member] | Over-the-counter non-clearing house [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	2,366,501
Trading Derivatives [member] | Foreign exchange contracts [member] | Over-the-counter non-clearing house [member] | Cross-currency interest rate swaps [member]
Disclosure of financial assets [line items]
Notional amount	967,297
Trading Derivatives [member] | Foreign exchange contracts [member] | Exchange traded contracts [member]
Disclosure of financial assets [line items]
Notional amount	33
Trading Derivatives [member] | Foreign exchange contracts [member] | Exchange traded contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	17
Trading Derivatives [member] | Foreign exchange contracts [member] | Exchange traded contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	16
Trading Derivatives [member] | Credit Derivative Contracts [member]
Disclosure of financial assets [line items]
Notional amount	11,064
Trading Derivatives [member] | Credit Derivative Contracts [member] | Credit default swaps-protection purchased [member]
Disclosure of financial assets [line items]
Notional amount	8,101
Trading Derivatives [member] | Credit Derivative Contracts [member] | Credit default swap-protection sold [member]
Disclosure of financial assets [line items]
Notional amount	2,963
Trading Derivatives [member] | Credit Derivative Contracts [member] | Over -the-counter clearing houses [member]
Disclosure of financial assets [line items]
Notional amount	10,819
Trading Derivatives [member] | Credit Derivative Contracts [member] | Over -the-counter clearing houses [member] | Credit default swaps-protection purchased [member]
Disclosure of financial assets [line items]
Notional amount	8,014
Trading Derivatives [member] | Credit Derivative Contracts [member] | Over -the-counter clearing houses [member] | Credit default swap-protection sold [member]
Disclosure of financial assets [line items]
Notional amount	2,805
Trading Derivatives [member] | Credit Derivative Contracts [member] | Over-the-counter non-clearing house [member]
Disclosure of financial assets [line items]
Notional amount	245
Trading Derivatives [member] | Credit Derivative Contracts [member] | Over-the-counter non-clearing house [member] | Credit default swaps-protection purchased [member]
Disclosure of financial assets [line items]
Notional amount	87
Trading Derivatives [member] | Credit Derivative Contracts [member] | Over-the-counter non-clearing house [member] | Credit default swap-protection sold [member]
Disclosure of financial assets [line items]
Notional amount	158
Trading Derivatives [member] | Other contracts [member]
Disclosure of financial assets [line items]
Notional amount	293,343
Trading Derivatives [member] | Other contracts [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Notional amount	190,000
Trading Derivatives [member] | Other contracts [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Notional amount	103,343
Trading Derivatives [member] | Other contracts [member] | Over -the-counter clearing houses [member]
Disclosure of financial assets [line items]
Notional amount	265
Trading Derivatives [member] | Other contracts [member] | Over -the-counter clearing houses [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Notional amount	265
Trading Derivatives [member] | Other contracts [member] | Over-the-counter non-clearing house [member]
Disclosure of financial assets [line items]
Notional amount	143,041
Trading Derivatives [member] | Other contracts [member] | Over-the-counter non-clearing house [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Notional amount	90,810
Trading Derivatives [member] | Other contracts [member] | Over-the-counter non-clearing house [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Notional amount	52,231
Trading Derivatives [member] | Other contracts [member] | Exchange traded contracts [member]
Disclosure of financial assets [line items]
Notional amount	150,037
Trading Derivatives [member] | Other contracts [member] | Exchange traded contracts [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Notional amount	99,190
Trading Derivatives [member] | Other contracts [member] | Exchange traded contracts [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Notional amount	50,847
Non Trading Derivatives [member]
Disclosure of financial assets [line items]
Notional amount	1,725,933
Non Trading Derivatives [member] | Over -the-counter clearing houses [member]
Disclosure of financial assets [line items]
Notional amount	1,442,000	1,191,000
Non Trading Derivatives [member] | Over-the-counter non-clearing house [member]
Disclosure of financial assets [line items]
Notional amount	284,000	357,000
Non Trading Derivatives [member] | Exchange traded contracts [member]
Disclosure of financial assets [line items]
Notional amount	0	0
Non Trading Derivatives [member] | Interest rate contracts [member]
Disclosure of financial assets [line items]
Notional amount	1,590,902
Non Trading Derivatives [member] | Interest rate contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	831
Non Trading Derivatives [member] | Interest rate contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	493
Non Trading Derivatives [member] | Interest rate contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	3,133
Non Trading Derivatives [member] | Interest rate contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	1,586,445
Non Trading Derivatives [member] | Foreign exchange contracts [member]
Disclosure of financial assets [line items]
Notional amount	105,752
Non Trading Derivatives [member] | Foreign exchange contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	32,500
Non Trading Derivatives [member] | Foreign exchange contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	589
Non Trading Derivatives [member] | Foreign exchange contracts [member] | Cross-currency interest rate swaps [member]
Disclosure of financial assets [line items]
Notional amount	72,663
Non Trading Derivatives [member] | Credit Derivative Contracts [member]
Disclosure of financial assets [line items]
Notional amount	3,563
Non Trading Derivatives [member] | Credit Derivative Contracts [member] | Credit default swaps-protection purchased [member]
Disclosure of financial assets [line items]
Notional amount	3,563
Non Trading Derivatives [member] | Other contracts [member]
Disclosure of financial assets [line items]
Notional amount	25,716
Non Trading Derivatives [member] | Other contracts [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Notional amount	25,716
Derivatives [member]
Disclosure of financial assets [line items]
Notional amount	18,162,567	16,718,581
Derivatives [member] | Interest rate contracts [member]
Disclosure of financial assets [line items]
Notional amount	14,164,304	13,210,929
Derivatives [member] | Interest rate contracts [member] | Futures contract [member]
Disclosure of financial assets [line items]
Notional amount	896,396	546,034
Derivatives [member] | Interest rate contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	519,326	1,478,749
Derivatives [member] | Interest rate contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	108,958	366,308
Derivatives [member] | Interest rate contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	118,950	453,038
Derivatives [member] | Interest rate contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	12,520,674	10,366,800
Derivatives [member] | Foreign exchange contracts [member]
Disclosure of financial assets [line items]
Notional amount	3,664,577	3,214,031
Derivatives [member] | Foreign exchange contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	221,596	148,254
Derivatives [member] | Foreign exchange contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	19,173	17,903
Derivatives [member] | Foreign exchange contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	16,758	17,920
Derivatives [member] | Foreign exchange contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	2,367,090	2,036,494
Derivatives [member] | Foreign exchange contracts [member] | Cross-currency interest rate swaps [member]
Disclosure of financial assets [line items]
Notional amount	1,039,960	993,460
Derivatives [member] | Credit Derivative Contracts [member]
Disclosure of financial assets [line items]
Notional amount	14,627	14,286
Derivatives [member] | Credit Derivative Contracts [member] | Credit default swaps-protection purchased [member]
Disclosure of financial assets [line items]
Notional amount	11,664	12,742
Derivatives [member] | Credit Derivative Contracts [member] | Credit default swap-protection sold [member]
Disclosure of financial assets [line items]
Notional amount	2,963	1,544
Derivatives [member] | Other contracts [member]
Disclosure of financial assets [line items]
Notional amount	319,059	279,335
Derivatives [member] | Other contracts [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Notional amount	215,716	176,064
Derivatives [member] | Other contracts [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Notional amount	$ 103,343	$ 103,271

Summary of Notional Amounts o_2

Summary of Notional Amounts of Over the Counter and Exchange Traded Derivatives (Parenthetical) (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of financial assets [line items]
Notional amount	$ 548,617	$ 512,740
Non Trading Derivatives [member]
Disclosure of financial assets [line items]
Notional amount	1,725,933
Non Trading Derivatives [member] | Over -the-counter clearing houses [member]
Disclosure of financial assets [line items]
Notional amount	1,442,000	1,191,000
Non Trading Derivatives [member] | Over-the-counter non-clearing house [member]
Disclosure of financial assets [line items]
Notional amount	284,000	357,000
Non Trading Derivatives [member] | Exchange traded contracts [member]
Disclosure of financial assets [line items]
Notional amount	$ 0	$ 0

Schedule of Notional Amount of

Schedule of Notional Amount of Non-trading Derivatives (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of financial assets [line items]
Notional amount	$ 548,617	$ 512,740
Derivatives held or issued for non-trading purposes [member]
Disclosure of financial assets [line items]
Notional amount	1,725,933	1,548,268
Derivatives held or issued for non-trading purposes [member] | Interest rate contracts [member]
Disclosure of financial assets [line items]
Notional amount	1,590,902	1,386,142
Derivatives held or issued for non-trading purposes [member] | Foreign exchange contracts [member]
Disclosure of financial assets [line items]
Notional amount	105,752	130,162
Derivatives held or issued for non-trading purposes [member] | Credit Derivative Contracts [member]
Disclosure of financial assets [line items]
Notional amount	3,563	4,197
Derivatives held or issued for non-trading purposes [member] | Other contracts [member]
Disclosure of financial assets [line items]
Notional amount	25,716	27,767
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member]
Disclosure of financial assets [line items]
Notional amount	1,091,222	917,973
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member] | Interest rate contracts [member]
Disclosure of financial assets [line items]
Notional amount	1,051,364	878,784
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member] | Foreign exchange contracts [member]
Disclosure of financial assets [line items]
Notional amount	12,234	8,855
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member] | Credit Derivative Contracts [member]
Disclosure of financial assets [line items]
Notional amount	3,563	4,197
Derivatives held or issued for non-trading purposes [member] | Derivatives not in qualifying hedging relationships [member] | Other contracts [member]
Disclosure of financial assets [line items]
Notional amount	24,061	26,137
Fair value hedges [member] | Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member]
Disclosure of financial assets [line items]
Notional amount	343,266	313,461
Fair value hedges [member] | Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Interest rate contracts [member]
Disclosure of financial assets [line items]
Notional amount	343,266	313,461
Cash flow hedges [member] | Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member]
Disclosure of financial assets [line items]
Notional amount	291,445	316,790
Cash flow hedges [member] | Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Interest rate contracts [member]
Disclosure of financial assets [line items]
Notional amount	196,272	193,897
Cash flow hedges [member] | Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Foreign exchange contracts [member]
Disclosure of financial assets [line items]
Notional amount	93,518	121,263
Cash flow hedges [member] | Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Other contracts [member]
Disclosure of financial assets [line items]
Notional amount	$ 1,655	1,630
Hedges of net investment in foreign operations [member] | Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member]
Disclosure of financial assets [line items]
Notional amount		44
Hedges of net investment in foreign operations [member] | Derivatives held or issued for non-trading purposes [member] | Derivatives in qualifying hedging relationships [member] | Foreign exchange contracts [member]
Disclosure of financial assets [line items]
Notional amount		$ 44

Summary of Notional Amounts o_3

Summary of Notional Amounts of Over-the-counter Derivatives and Exchange-traded Derivatives Based on Their Contractual Terms to Maturity (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of financial assets [line items]
Notional amount	$ 548,617	$ 512,740
Not later than one year [member]
Disclosure of financial assets [line items]
Notional amount	118,300
Later than one year and not later than five years [member]
Disclosure of financial assets [line items]
Notional amount	313,295
Later than five years [member]
Disclosure of financial assets [line items]
Notional amount	117,022
Derivatives [member]
Disclosure of financial assets [line items]
Notional amount	18,162,567	16,718,581
Derivatives [member] | Not later than one year [member]
Disclosure of financial assets [line items]
Notional amount	8,142,183
Derivatives [member] | Later than one year and not later than five years [member]
Disclosure of financial assets [line items]
Notional amount	6,887,582
Derivatives [member] | Later than five years [member]
Disclosure of financial assets [line items]
Notional amount	3,132,802
Derivatives [member] | Interest rate contracts [member]
Disclosure of financial assets [line items]
Notional amount	14,164,304	13,210,929
Derivatives [member] | Interest rate contracts [member] | Futures contract [member]
Disclosure of financial assets [line items]
Notional amount	896,396	546,034
Derivatives [member] | Interest rate contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	519,326	1,478,749
Derivatives [member] | Interest rate contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	12,520,674	10,366,800
Derivatives [member] | Interest rate contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	108,958	366,308
Derivatives [member] | Interest rate contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	118,950	453,038
Derivatives [member] | Interest rate contracts [member] | Not later than one year [member]
Disclosure of financial assets [line items]
Notional amount	5,104,485
Derivatives [member] | Interest rate contracts [member] | Not later than one year [member] | Futures contract [member]
Disclosure of financial assets [line items]
Notional amount	753,637
Derivatives [member] | Interest rate contracts [member] | Not later than one year [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	511,577
Derivatives [member] | Interest rate contracts [member] | Not later than one year [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	3,709,285
Derivatives [member] | Interest rate contracts [member] | Not later than one year [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	61,295
Derivatives [member] | Interest rate contracts [member] | Not later than one year [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	68,691
Derivatives [member] | Interest rate contracts [member] | Later than one year and not later than five years [member]
Disclosure of financial assets [line items]
Notional amount	6,176,925
Derivatives [member] | Interest rate contracts [member] | Later than one year and not later than five years [member] | Futures contract [member]
Disclosure of financial assets [line items]
Notional amount	142,759
Derivatives [member] | Interest rate contracts [member] | Later than one year and not later than five years [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	6,975
Derivatives [member] | Interest rate contracts [member] | Later than one year and not later than five years [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	5,940,843
Derivatives [member] | Interest rate contracts [member] | Later than one year and not later than five years [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	42,264
Derivatives [member] | Interest rate contracts [member] | Later than one year and not later than five years [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	44,084
Derivatives [member] | Interest rate contracts [member] | Later than five years [member]
Disclosure of financial assets [line items]
Notional amount	2,882,894
Derivatives [member] | Interest rate contracts [member] | Later than five years [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	774
Derivatives [member] | Interest rate contracts [member] | Later than five years [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	2,870,546
Derivatives [member] | Interest rate contracts [member] | Later than five years [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	5,399
Derivatives [member] | Interest rate contracts [member] | Later than five years [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	6,175
Derivatives [member] | Foreign exchange contracts [member]
Disclosure of financial assets [line items]
Notional amount	3,664,577	3,214,031
Derivatives [member] | Foreign exchange contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	221,596	148,254
Derivatives [member] | Foreign exchange contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	2,367,090	2,036,494
Derivatives [member] | Foreign exchange contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	19,173	17,903
Derivatives [member] | Foreign exchange contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	16,758	17,920
Derivatives [member] | Foreign exchange contracts [member] | Cross-currency interest rate swaps [member]
Disclosure of financial assets [line items]
Notional amount	1,039,960	993,460
Derivatives [member] | Foreign exchange contracts [member] | Not later than one year [member]
Disclosure of financial assets [line items]
Notional amount	2,794,062
Derivatives [member] | Foreign exchange contracts [member] | Not later than one year [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	209,208
Derivatives [member] | Foreign exchange contracts [member] | Not later than one year [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	2,327,855
Derivatives [member] | Foreign exchange contracts [member] | Not later than one year [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	17,824
Derivatives [member] | Foreign exchange contracts [member] | Not later than one year [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	15,209
Derivatives [member] | Foreign exchange contracts [member] | Not later than one year [member] | Cross-currency interest rate swaps [member]
Disclosure of financial assets [line items]
Notional amount	223,966
Derivatives [member] | Foreign exchange contracts [member] | Later than one year and not later than five years [member]
Disclosure of financial assets [line items]
Notional amount	627,679
Derivatives [member] | Foreign exchange contracts [member] | Later than one year and not later than five years [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	10,872
Derivatives [member] | Foreign exchange contracts [member] | Later than one year and not later than five years [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	34,976
Derivatives [member] | Foreign exchange contracts [member] | Later than one year and not later than five years [member] | Options written [member]
Disclosure of financial assets [line items]
Notional amount	1,349
Derivatives [member] | Foreign exchange contracts [member] | Later than one year and not later than five years [member] | Options purchased [member]
Disclosure of financial assets [line items]
Notional amount	1,549
Derivatives [member] | Foreign exchange contracts [member] | Later than one year and not later than five years [member] | Cross-currency interest rate swaps [member]
Disclosure of financial assets [line items]
Notional amount	578,933
Derivatives [member] | Foreign exchange contracts [member] | Later than five years [member]
Disclosure of financial assets [line items]
Notional amount	242,836
Derivatives [member] | Foreign exchange contracts [member] | Later than five years [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Notional amount	1,516
Derivatives [member] | Foreign exchange contracts [member] | Later than five years [member] | Swaps [member]
Disclosure of financial assets [line items]
Notional amount	4,259
Derivatives [member] | Foreign exchange contracts [member] | Later than five years [member] | Cross-currency interest rate swaps [member]
Disclosure of financial assets [line items]
Notional amount	237,061
Derivatives [member] | Credit Derivative Contracts [member]
Disclosure of financial assets [line items]
Notional amount	14,627	14,286
Derivatives [member] | Credit Derivative Contracts [member] | Credit default swaps-protection purchased [member]
Disclosure of financial assets [line items]
Notional amount	11,664	12,742
Derivatives [member] | Credit Derivative Contracts [member] | Credit default swap-protection sold [member]
Disclosure of financial assets [line items]
Notional amount	2,963	1,544
Derivatives [member] | Credit Derivative Contracts [member] | Not later than one year [member]
Disclosure of financial assets [line items]
Notional amount	2,429
Derivatives [member] | Credit Derivative Contracts [member] | Not later than one year [member] | Credit default swaps-protection purchased [member]
Disclosure of financial assets [line items]
Notional amount	1,887
Derivatives [member] | Credit Derivative Contracts [member] | Not later than one year [member] | Credit default swap-protection sold [member]
Disclosure of financial assets [line items]
Notional amount	542
Derivatives [member] | Credit Derivative Contracts [member] | Later than one year and not later than five years [member]
Disclosure of financial assets [line items]
Notional amount	5,443
Derivatives [member] | Credit Derivative Contracts [member] | Later than one year and not later than five years [member] | Credit default swaps-protection purchased [member]
Disclosure of financial assets [line items]
Notional amount	3,807
Derivatives [member] | Credit Derivative Contracts [member] | Later than one year and not later than five years [member] | Credit default swap-protection sold [member]
Disclosure of financial assets [line items]
Notional amount	1,636
Derivatives [member] | Credit Derivative Contracts [member] | Later than five years [member]
Disclosure of financial assets [line items]
Notional amount	6,755
Derivatives [member] | Credit Derivative Contracts [member] | Later than five years [member] | Credit default swaps-protection purchased [member]
Disclosure of financial assets [line items]
Notional amount	5,970
Derivatives [member] | Credit Derivative Contracts [member] | Later than five years [member] | Credit default swap-protection sold [member]
Disclosure of financial assets [line items]
Notional amount	785
Derivatives [member] | Other contracts [member]
Disclosure of financial assets [line items]
Notional amount	319,059	279,335
Derivatives [member] | Other contracts [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Notional amount	215,716	176,064
Derivatives [member] | Other contracts [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Notional amount	103,343	$ 103,271
Derivatives [member] | Other contracts [member] | Not later than one year [member]
Disclosure of financial assets [line items]
Notional amount	241,207
Derivatives [member] | Other contracts [member] | Not later than one year [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Notional amount	155,105
Derivatives [member] | Other contracts [member] | Not later than one year [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Notional amount	86,102
Derivatives [member] | Other contracts [member] | Later than one year and not later than five years [member]
Disclosure of financial assets [line items]
Notional amount	77,535
Derivatives [member] | Other contracts [member] | Later than one year and not later than five years [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Notional amount	60,539
Derivatives [member] | Other contracts [member] | Later than one year and not later than five years [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Notional amount	16,996
Derivatives [member] | Other contracts [member] | Later than five years [member]
Disclosure of financial assets [line items]
Notional amount	317
Derivatives [member] | Other contracts [member] | Later than five years [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Notional amount	72
Derivatives [member] | Other contracts [member] | Later than five years [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Notional amount	$ 245

Summary of Hedging Instruments

Summary of Hedging Instruments by Term to Maturity (Details) $ in Millions	12 Months Ended
	Oct. 31, 2021CAD ($)	Oct. 31, 2020CAD ($)
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 548,617	$ 512,740
Interest rate risk [member] | Interest rate swap contract [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	453,429	389,779
Interest rate risk [member] | Interest rate swap contract [member] | Pay fixed [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	204,788	161,022
Interest rate risk [member] | Interest rate swap contract [member] | Receive fixed [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	248,641	228,757
Foreign exchange risk [member] | Forward contract [member] | U.S. Dollar [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	2,880	1,655
Foreign exchange risk [member] | Forward contract [member] | EUR [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	14,072	17,027
Foreign exchange risk [member] | Forward contract [member] | Others [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount		44
Foreign exchange risk [member] | Cross currency swaps [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	93,533	121,304
Foreign exchange risk [member] | Cross currency swaps [member] | U.S. Dollar [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	40,330	54,679
Foreign exchange risk [member] | Cross currency swaps [member] | EUR [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	18,289	21,916
Foreign exchange risk [member] | Cross currency swaps [member] | Others [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	14,664	20,608
Foreign exchange risk [member] | Cross currency swaps [member] | GBP [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	3,298	5,375
Equity price risk [member] | Equity derivatives forwards contracts [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	1,655	$ 1,657
Not later than one year [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	118,300
Not later than one year [member] | Interest rate risk [member] | Interest rate swap contract [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	86,818
Not later than one year [member] | Interest rate risk [member] | Interest rate swap contract [member] | Pay fixed [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 39,887
Average Fixed Interest Rate	1.14
Not later than one year [member] | Interest rate risk [member] | Interest rate swap contract [member] | Receive fixed [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 46,931
Average Fixed Interest Rate	0.64
Not later than one year [member] | Foreign exchange risk [member] | Forward contract [member] | U.S. Dollar [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 680
Average foreign exchange rate	1.27
Not later than one year [member] | Foreign exchange risk [member] | Forward contract [member] | EUR [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 2,625
Average foreign exchange rate	1.61
Not later than one year [member] | Foreign exchange risk [member] | Cross currency swaps [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 29,827
Not later than one year [member] | Foreign exchange risk [member] | Cross currency swaps [member] | U.S. Dollar [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 17,567
Average foreign exchange rate	1.27
Not later than one year [member] | Foreign exchange risk [member] | Cross currency swaps [member] | EUR [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 329
Average foreign exchange rate	1.43
Not later than one year [member] | Foreign exchange risk [member] | Cross currency swaps [member] | Others [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 6,509
Not later than one year [member] | Foreign exchange risk [member] | Cross currency swaps [member] | GBP [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 2,117
Average foreign exchange rate	1.68
Not later than one year [member] | Equity price risk [member] | Equity derivatives forwards contracts [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 1,655
Later than one year and not later than five years [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	313,295
Later than one year and not later than five years [member] | Interest rate risk [member] | Interest rate swap contract [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	254,905
Later than one year and not later than five years [member] | Interest rate risk [member] | Interest rate swap contract [member] | Pay fixed [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 78,361
Average Fixed Interest Rate	1.41
Later than one year and not later than five years [member] | Interest rate risk [member] | Interest rate swap contract [member] | Receive fixed [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 176,544
Average Fixed Interest Rate	1.27
Later than one year and not later than five years [member] | Foreign exchange risk [member] | Forward contract [member] | U.S. Dollar [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 2,124
Average foreign exchange rate	1.29
Later than one year and not later than five years [member] | Foreign exchange risk [member] | Forward contract [member] | EUR [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 10,834
Average foreign exchange rate	1.65
Later than one year and not later than five years [member] | Foreign exchange risk [member] | Cross currency swaps [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 58,390
Later than one year and not later than five years [member] | Foreign exchange risk [member] | Cross currency swaps [member] | U.S. Dollar [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 21,476
Average foreign exchange rate	1.30
Later than one year and not later than five years [member] | Foreign exchange risk [member] | Cross currency swaps [member] | EUR [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 15,411
Average foreign exchange rate	1.51
Later than one year and not later than five years [member] | Foreign exchange risk [member] | Cross currency swaps [member] | Others [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 7,698
Later than one year and not later than five years [member] | Foreign exchange risk [member] | Cross currency swaps [member] | GBP [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 847
Average foreign exchange rate	1.72
Later than five years [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 117,022
Later than five years [member] | Interest rate risk [member] | Interest rate swap contract [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	111,706
Later than five years [member] | Interest rate risk [member] | Interest rate swap contract [member] | Pay fixed [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 86,540
Average Fixed Interest Rate	1.50
Later than five years [member] | Interest rate risk [member] | Interest rate swap contract [member] | Receive fixed [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 25,166
Average Fixed Interest Rate	1.24
Later than five years [member] | Foreign exchange risk [member] | Forward contract [member] | U.S. Dollar [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 76
Average foreign exchange rate	1.28
Later than five years [member] | Foreign exchange risk [member] | Forward contract [member] | EUR [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 613
Average foreign exchange rate	1.62
Later than five years [member] | Foreign exchange risk [member] | Cross currency swaps [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 5,316
Later than five years [member] | Foreign exchange risk [member] | Cross currency swaps [member] | U.S. Dollar [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 1,287
Average foreign exchange rate	1.26
Later than five years [member] | Foreign exchange risk [member] | Cross currency swaps [member] | EUR [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 2,549
Average foreign exchange rate	1.50
Later than five years [member] | Foreign exchange risk [member] | Cross currency swaps [member] | Others [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 457
Later than five years [member] | Foreign exchange risk [member] | Cross currency swaps [member] | GBP [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 334
Average foreign exchange rate	1.71

Summary of Hedging Instrument_2

Summary of Hedging Instruments by Term to Maturity (Parenthetical) (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 548,617	$ 512,740
Hedges of net investment in foreign operations [member] | Foreign exchange risk [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Carrying Value Of Foreign Currency Deposit Liabilities Designated As Nonderivative Hedging Instruments	32,400	27,900
Multiple derivatives including interest rate swaps [member] | Cross-currency interest rate swaps [member]
Disclosure Of Hedging Instruments By Term To Maturity [Line Items]
Notional amount	$ 86,100	$ 117,600

Derivatives (Details Narrative)

Derivatives (Details Narrative) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Master derivative agreement - net liability position [member]
Derivative Financial Instruments [Line Items]
Posting of collateral or other acceptable remedy	$ 73	$ 120
Funding totaling	0	0
Master derivative agreements - credit support provisions [member]
Derivative Financial Instruments [Line Items]
Fair value of derivative instruments with credit risk related contingent features in a net liability position	12,000	11,000
Banks collateral for normal course of business	15,000	14,000
Master derivative agreements - credit support provisions [member] | One-notch downgrade credit rating [member]
Derivative Financial Instruments [Line Items]
Additional banks collateral for normal course of business	182	202
Master derivative agreements - credit support provisions [member] | Two-notch downgrade credit rating [member]
Derivative Financial Instruments [Line Items]
Additional banks collateral for normal course of business	$ 266	$ 249

Summary of Derivative Instrumen

Summary of Derivative Instruments Designated in Qualifying Hedge Accounting Relationships (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Condensed Income Statements, Captions [Line Items]
Notional amount	$ 548,617	$ 512,740
Interest rate risk [member] | Swaps [member]
Condensed Income Statements, Captions [Line Items]
Notional amount	453,429	389,779
Foreign exchange risk [member] | Cross currency swaps [member]
Condensed Income Statements, Captions [Line Items]
Notional amount	93,533	121,304
Contracts maturing after December 31, 2021 [member]
Condensed Income Statements, Captions [Line Items]
Notional amount	218,422	186,836
Contracts maturing after December 31, 2021 [member] | Interest rate risk [member] | Swaps [member] | US LIBOR [member]
Condensed Income Statements, Captions [Line Items]
Notional amount	183,399	158,428
Contracts maturing after December 31, 2021 [member] | Foreign exchange risk [member] | Swaps [member] | US LIBOR [member]
Condensed Income Statements, Captions [Line Items]
Notional amount	13,347	9,792
Contracts maturing after December 31, 2021 [member] | Foreign exchange risk [member] | Swaps [member] | GBP LIBOR [member]
Condensed Income Statements, Captions [Line Items]
Notional amount	1,694	1,726
Contracts maturing after December 31, 2021 [member] | Foreign exchange risk [member] | Cross currency swaps [member] | US LIBOR [member]
Condensed Income Statements, Captions [Line Items]
Notional amount	18,288	14,301
Contracts maturing after December 31, 2021 [member] | Foreign exchange risk [member] | Cross currency swaps [member] | GBP LIBOR [member]
Condensed Income Statements, Captions [Line Items]
Notional amount	$ 1,694	$ 2,589

Credit Exposure of Derivatives

Credit Exposure of Derivatives (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of financial assets [line items]
Current replacement cost	$ 14,761	$ 13,673
Credit equivalent amount	73,753	66,580
Risk-weighted amount	9,078	9,108
Interest rate contracts [member]
Disclosure of financial assets [line items]
Current replacement cost	2,169	4,405
Credit equivalent amount	8,277	11,136
Risk-weighted amount	1,923	2,929
Interest rate contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Current replacement cost	15	20
Credit equivalent amount	275	325
Risk-weighted amount	164	229
Interest rate contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Current replacement cost	2,117	4,347
Credit equivalent amount	7,817	10,607
Risk-weighted amount	1,710	2,641
Interest rate contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Current replacement cost	4	33
Credit equivalent amount	71	129
Risk-weighted amount	18	36
Interest rate contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Current replacement cost	33	5
Credit equivalent amount	114	75
Risk-weighted amount	31	23
Foreign exchange contracts [member]
Disclosure of financial assets [line items]
Current replacement cost	4,876	4,588
Credit equivalent amount	31,800	28,663
Risk-weighted amount	3,726	3,295
Foreign exchange contracts [member] | Forward rate agreement [member]
Disclosure of financial assets [line items]
Current replacement cost	558	465
Credit equivalent amount	2,799	2,364
Risk-weighted amount	465	353
Foreign exchange contracts [member] | Swaps [member]
Disclosure of financial assets [line items]
Current replacement cost	2,799	1,999
Credit equivalent amount	18,649	15,638
Risk-weighted amount	1,975	1,370
Foreign exchange contracts [member] | Options written [member]
Disclosure of financial assets [line items]
Current replacement cost	7	29
Credit equivalent amount	145	135
Risk-weighted amount	52	44
Foreign exchange contracts [member] | Options purchased [member]
Disclosure of financial assets [line items]
Current replacement cost	22	8
Credit equivalent amount	132	104
Risk-weighted amount	64	28
Foreign exchange contracts [member] | Cross-currency interest rate swaps [member]
Disclosure of financial assets [line items]
Current replacement cost	1,490	2,087
Credit equivalent amount	10,075	10,422
Risk-weighted amount	1,170	1,500
Other contracts [member]
Disclosure of financial assets [line items]
Current replacement cost	1,779	1,406
Credit equivalent amount	12,731	12,631
Risk-weighted amount	2,818	2,474
Other contracts [member] | Credit Derivative Contracts [member]
Disclosure of financial assets [line items]
Current replacement cost	3	3
Credit equivalent amount	426	508
Risk-weighted amount	88	123
Other contracts [member] | Equity contracts [member]
Disclosure of financial assets [line items]
Current replacement cost	252	689
Credit equivalent amount	7,129	8,513
Risk-weighted amount	1,390	1,376
Other contracts [member] | Commodity contracts [member]
Disclosure of financial assets [line items]
Current replacement cost	1,524	714
Credit equivalent amount	5,176	3,610
Risk-weighted amount	1,340	975
Before master netting agreements [member]
Disclosure of financial assets [line items]
Current replacement cost	8,824	10,399
Credit equivalent amount	52,808	52,430
Risk-weighted amount	8,467	8,698
Derivatives qualifying central counterparty contracts [member]
Disclosure of financial assets [line items]
Current replacement cost	5,937	3,274
Credit equivalent amount	20,945	14,150
Risk-weighted amount	$ 611	$ 410

Summary of Current Replacement

Summary of Current Replacement Cost of Derivatives by Sector (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, gross	$ 252,510	$ 254,005
Current replacement cost [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, gross	8,824	10,399
Current replacement cost [member] | Financial [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, gross	3,249	2,994
Current replacement cost [member] | Government [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, gross	1,582	2,298
Current replacement cost [member] | Other deferred tax assets [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, gross	3,993	5,107
Canada [member] | Current replacement cost [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, gross	6,553	6,810
Canada [member] | Current replacement cost [member] | Financial [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, gross	2,962	2,562
Canada [member] | Current replacement cost [member] | Government [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, gross	1,389	2,156
Canada [member] | Current replacement cost [member] | Other deferred tax assets [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, gross	2,202	2,092
United States [member] | Current replacement cost [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, gross	1,305	2,546
United States [member] | Current replacement cost [member] | Financial [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, gross	64	123
United States [member] | Current replacement cost [member] | Government [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, gross	13	26
United States [member] | Current replacement cost [member] | Other deferred tax assets [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, gross	1,228	2,397
Other international [member] | Current replacement cost [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, gross	966	1,043
Other international [member] | Current replacement cost [member] | Financial [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, gross	223	309
Other international [member] | Current replacement cost [member] | Government [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, gross	180	116
Other international [member] | Current replacement cost [member] | Other deferred tax assets [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, gross	$ 563	$ 618

Summary of Current Replacemen_2

Summary of Current Replacement Cost of Derivatives by Location (Details) - Current replacement cost [member] - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, net	$ 8,824	$ 10,399
After master netting agreements, percentage mix	100.00%	100.00%
United Kingdom [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, net	$ 656	$ 371
After master netting agreements, percentage mix	7.40%	3.60%
Europe [Member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, net	$ 1,243	$ 1,414
After master netting agreements, percentage mix	14.10%	13.60%
All other countries [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, net	$ 1,170	$ 784
After master netting agreements, percentage mix	13.30%	7.50%
Canada [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, net	$ 2,419	$ 3,752
After master netting agreements, percentage mix	27.40%	36.10%
United States [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, net	$ 3,336	$ 4,078
After master netting agreements, percentage mix	37.80%	39.20%
Other international [member]
Current Replacement Cost Of Derivatives [Line Items]
Derivatives, net	$ 3,069	$ 2,569
After master netting agreements, percentage mix	34.80%	24.70%

Summary of Condensed Financial

Summary of Condensed Financial Statements (Details) - CAD ($) $ / shares in Units, $ in Millions		12 Months Ended
		Oct. 31, 2021	Sep. 30, 2021	Oct. 31, 2020	Sep. 30, 2020	Oct. 31, 2019	Sep. 30, 2019
Assets
Receivables from brokers, dealers, and clearing organizations		$ 32,357		$ 33,951
Other assets, net		17,179		18,856
Total assets		1,728,672		1,715,865		$ 1,415,290
Liabilities
Bank deposits		20,917		28,969
Payables to brokerage clients		28,993		35,143
Other liabilities		28,133		30,476
Total liabilities		1,628,854		1,620,366
Stockholders' equity		99,818		95,499		87,701
Total liabilities and equity		1,728,672		1,715,865
Net Revenues
Net interest revenue	[1]	29,581		35,833		41,944
Total revenue		42,693		43,646		41,065
Expenses Excluding Interest
Compensation and benefits		12,378		11,893		11,256
Taxes on income		3,621		1,152		2,735
Net income	[2]	14,298		11,895		11,686
Preferred stock dividends and other		249		267		252
Net income available to common shareholders and non-controlling interests in subsidiaries		14,049		11,628		11,434
Other comprehensive income (loss)	[2]	(4,553)		2,466		3,021
Total comprehensive income (loss), net of income taxes	[2]	$ 9,745		$ 14,361		$ 14,707
Earnings per common shares outstanding – basic (Canadian dollars)		$ 7.73		$ 6.43		$ 6.26
Earnings per common shares outstanding – diluted (Canadian dollars)		$ 7.72		$ 6.43		$ 6.25
Charles Schwab Corporation [member]
Assets
Receivables from brokers, dealers, and clearing organizations			$ 107,118
Available for sale securities			466,536
Other assets, net			178,247
Total assets			751,901
Liabilities
Bank deposits			489,192
Payables to brokerage clients			139,913
Other liabilities			51,706
Total liabilities			680,811
Stockholders' equity			71,090
Total liabilities and equity			751,901
Net Revenues
Net interest revenue			9,726
Asset management and administration fees			5,246
Trading revenue and other			7,759
Total revenue			22,731
Expenses Excluding Interest
Compensation and benefits			6,894
Other			6,788
Total operating expenses			13,682
Pre-tax income			9,049
Taxes on income			2,216
Net income			6,833
Preferred stock dividends and other			566
Net income available to common shareholders and non-controlling interests in subsidiaries			6,267
Other comprehensive income (loss)			(5,676)
Total comprehensive income (loss), net of income taxes			$ 591
Earnings per common shares outstanding – basic (Canadian dollars)			$ 3.34
Earnings per common shares outstanding – diluted (Canadian dollars)			$ 3.32
TD Ameritrade [member]
Assets
Receivables from brokers, dealers, and clearing organizations					$ 2,070
Receivables from clients, net					36,938
Other assets, net					36,223
Total assets					75,231
Liabilities
Payable to brokers, dealers, and clearing organizations					4,307
Payable to clients					50,382
Other liabilities					7,174
Total liabilities					61,863
Stockholders' equity					13,368
Total liabilities and equity					75,231
Net Revenues
Net interest revenue					1,873		$ 2,036
Fee-based and other revenue					6,202		5,947
Total revenue					8,075		7,983
Expenses Excluding Interest
Compensation and benefits					1,905		1,756
Other					2,388		2,245
Total operating expenses					4,293		4,001
Other expense (income)					143		94
Pre-tax income					3,639		3,888
Taxes on income					910		957
Net income					$ 2,729		$ 2,931
Earnings per common shares outstanding – basic (Canadian dollars)					$ 5.04		$ 5.27
Earnings per common shares outstanding – diluted (Canadian dollars)					$ 5.02		$ 5.26
[1]	Includes $26,217 million for the year ended October 31, 2021 (October 31, 2020 – $32,476 million; October 31, 2019 – $34,828 million), which has been calculated based on the effective interest rate method (EIRM).
[2]	The amounts are net of income tax provisions (recoveries) presented in the following table.

Investment in Associates and _3

Investment in Associates and Joint Ventures (Details Narrative) $ / shares in Units, $ in Millions, $ in Billions	Oct. 06, 2020CAD ($)shares	Oct. 31, 2021CAD ($)	Oct. 31, 2020CAD ($)	Oct. 31, 2021USD ($)$ / shares	Oct. 31, 2020USD ($)$ / shares
Charles Schwab Corporation [member]
Disclosure of investments in associates and joint ventures [line items]
Equity investment percentage		13.41%	13.51%
Fair value of outstanding shares		$ 26,000	$ 14,000	$ 21	$ 10
Closing price of shares | $ / shares				$ 82.03	$ 41.11
Percentage of voting common shares	9.90%	9.90%
Investment in Schwab		$ 11,100	12,200
Share of net income from investment in Schwab		785
Number of common shares exchanged for each share | shares	1.0837
Percentage of acquired stake	13.50%
Aggregated individually immaterial associates excluding TD Ameritrade [member]
Disclosure of investments in associates and joint ventures [line items]
Investment in associates and joint venture		$ 3,300	$ 3,400
TD Ameritrade [member]
Disclosure of investments in associates and joint ventures [line items]
Equity investment percentage	43.00%
Gain on Sale on investment in TD Ameritrade	$ 1,400
Gain on Sale on investment in TD Ameritrade after tax	$ 2,300

Significant Acquisitions and _2

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

Significant Acquisitions and _3

Significant Acquisitions and Disposals (Details Narrative) - CAD ($) shares in Millions, $ in Millions	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019	Nov. 01, 2018
Disclosure of detailed information about business combination [line items]
Goodwill	$ 16,232	$ 17,148	$ 16,976
Greystone Capital Management Inc. [member]
Disclosure of detailed information about business combination [line items]
Acquisition of outstanding equity percentage				100.00%
Acquisition, net purchase consideration				$ 821
Purchase consideration paid in cash				479
Deferred purchase consideration in common shares held in escrow				167
Purchase consideration paid in cash				165
Liabilities acquired				46
Purchase consideration allocated to customer relationship				140
Goodwill				432
Deferred tax liability				37
Greystone Capital Management Inc. [member] | Common shares [member]
Disclosure of detailed information about business combination [line items]
Purchase consideration paid in cash				$ 342
Common shares issued				4.7

Goodwill and Other Intangible_2

Goodwill and Other Intangibles (Details Narrative) - CAD ($) $ in Billions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Disclosure of detailed information about intangible assets [line items]
Amount of capital	$ 25.3
Goodwill and impairment testing [member] | Terminal Value [member]
Disclosure of detailed information about intangible assets [line items]
Cash flow projection period	5 years	5 years
Goodwill and impairment testing [member] | Terminal Value [member] | Bottom of range [member]
Disclosure of detailed information about intangible assets [line items]
Terminal growth rates	2.00%	2.00%
Goodwill and impairment testing [member] | Terminal Value [member] | Top of range [member]
Disclosure of detailed information about intangible assets [line items]
Terminal growth rates	3.80%	4.00%

Summary of Goodwill by Segment

Summary of Goodwill by Segment (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Disclosure of reconciliation of changes in goodwill [line items]
Beginning balance	$ 17,148	$ 16,976
Additions	156
Foreign currency translation adjustments and other	(1,072)	172
Ending balance	16,232	17,148
Canadian Retail [Member]
Disclosure of reconciliation of changes in goodwill [line items]
Beginning balance	2,846	2,836
Additions	40
Foreign currency translation adjustments and other	(62)	10
Ending balance	$ 2,824	$ 2,846
Canadian Retail [Member] | Bottom of range [member]
Disclosure of reconciliation of changes in goodwill [line items]
Pre-tax discount rates	9.60%	9.70%
Canadian Retail [Member] | Top of range [member]
Disclosure of reconciliation of changes in goodwill [line items]
Pre-tax discount rates	11.00%	11.00%
U.S. Retail [Member]
Disclosure of reconciliation of changes in goodwill [line items]
Beginning balance	$ 14,142	$ 13,980
Foreign currency translation adjustments and other	(1,008)	162
Ending balance	$ 13,134	$ 14,142
U.S. Retail [Member] | Bottom of range [member]
Disclosure of reconciliation of changes in goodwill [line items]
Pre-tax discount rates	9.40%	9.20%
U.S. Retail [Member] | Top of range [member]
Disclosure of reconciliation of changes in goodwill [line items]
Pre-tax discount rates	10.00%	11.80%
Wholesale Banking [member]
Disclosure of reconciliation of changes in goodwill [line items]
Beginning balance	$ 160	$ 160
Additions	116
Foreign currency translation adjustments and other	(2)
Ending balance	$ 274	$ 160
Pre-tax discount rates	13.30%	12.70%

Summary of Goodwill by Segmen_2

Summary of Goodwill by Segment (Parenthetical) (Details) - CAD ($)	Oct. 31, 2021	Oct. 31, 2020
Disclosure of reconciliation of changes in goodwill [abstract]
Accumulated impairment	$ 0	$ 0

Summary of Other Intangibles (D

Summary of Other Intangibles (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	$ 2,125
Amortization charge for the year	706	$ 817	$ 800
Balance at end of year	2,123	2,125
Gross carrying amount [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	7,352	7,383
Additions	769	412
Disposals	(280)	(80)
Fully amortized intangibles	(326)	(428)
Foreign currency translation adjustments and other	(332)	65
Balance at end of year	7,183	7,352	7,383
Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	5,227	4,880
Disposals	(277)	(57)
Fully amortized intangibles	(326)	(428)
Impairment losses (reversals)	(4)	17
Amortization charge for the year	706	781
Foreign currency translation adjustments and other	(266)	34
Balance at end of year	5,060	5,227	4,880
Core deposit intangibles [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	43
Balance at end of year	12	43
Core deposit intangibles [member] | Gross carrying amount [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	2,606	2,576
Foreign currency translation adjustments and other	(186)	30
Balance at end of year	2,420	2,606	2,576
Core deposit intangibles [member] | Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	2,563	2,481
Amortization charge for the year	29	54
Foreign currency translation adjustments and other	(184)	28
Balance at end of year	2,408	2,563	2,481
Credit card related intangibles [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	154
Balance at end of year	94	154
Credit card related intangibles [member] | Gross carrying amount [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	844	842
Foreign currency translation adjustments and other	(10)	2
Balance at end of year	834	844	842
Credit card related intangibles [member] | Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	690	628
Amortization charge for the year	61	60
Foreign currency translation adjustments and other	(11)	2
Balance at end of year	740	690	628
Internally generated software [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	1,559
Balance at end of year	1,418	1,559
Internally generated software [member] | Gross carrying amount [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	2,834	2,927
Additions	401	327
Disposals	(275)	(55)
Fully amortized intangibles	(251)	(391)
Foreign currency translation adjustments and other	(84)	26
Balance at end of year	2,625	2,834	2,927
Internally generated software [member] | Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	1,275	1,167
Disposals	(272)	(32)
Fully amortized intangibles	(251)	(391)
Impairment losses (reversals)		4
Amortization charge for the year	487	528
Foreign currency translation adjustments and other	(32)	(1)
Balance at end of year	1,207	1,275	1,167
Other software [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	74
Balance at end of year	80	74
Other software [member] | Gross carrying amount [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	278	295
Additions	58	44
Disposals	(5)	(25)
Fully amortized intangibles	(75)	(37)
Foreign currency translation adjustments and other	(11)	1
Balance at end of year	245	278	295
Other software [member] | Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	204	191
Disposals	(5)	(25)
Fully amortized intangibles	(75)	(37)
Amortization charge for the year	53	73
Foreign currency translation adjustments and other	(12)	2
Balance at end of year	165	204	191
Other intangible [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	295
Balance at end of year	519	295
Other intangible [member] | Gross carrying amount [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	790	743
Additions	310	41
Foreign currency translation adjustments and other	(41)	6
Balance at end of year	1,059	790	743
Other intangible [member] | Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about intangible assets [line items]
Balance at beginning of year	495	413
Impairment losses (reversals)	(4)	13
Amortization charge for the year	76	66
Foreign currency translation adjustments and other	(27)	3
Balance at end of year	$ 540	$ 495	$ 413

Summary of Land, Buildings, Equ

Summary of Land, Buildings, Equipment, and Other Depreciable Assets (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	$ 10,136
Balance at end of year	9,181	$ 10,136
Balance at end of year	5,011	5,317
Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	8,972	8,642
Additions	691	915
Disposals	(323)	(238)
Fully depreciated assets	(329)	(223)
Foreign currency translation adjustments and other	(464)	(124)
Balance at end of year	8,547	8,972
Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	3,655	3,444
Depreciation charge for the year	669	677
Disposals	(313)	(180)
Impairment losses	54	56
Fully depreciated assets	(329)	(223)
Foreign currency translation adjustments and other	(200)	(119)
Balance at end of year	3,536	3,655
Land [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	1,924
Balance at end of year	1,656	1,924
Balance at end of year	876	968
Land [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	968	987
Additions	2	1
Disposals	(1)	(1)
Foreign currency translation adjustments and other	(93)	(19)
Balance at end of year	876	968
Buildings [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	5,340
Balance at end of year	4,783	5,340
Balance at end of year	1,447	1,519
Buildings [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	2,495	2,510
Additions	144	152
Disposals	(87)	(16)
Fully depreciated assets	(27)	(44)
Foreign currency translation adjustments and other	(171)	(107)
Balance at end of year	2,354	2,495
Buildings [member] | Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	976	939
Depreciation charge for the year	103	179
Disposals	(84)	(28)
Impairment losses	54	53
Fully depreciated assets	(27)	(44)
Foreign currency translation adjustments and other	(115)	(123)
Balance at end of year	907	976
Computer equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	471
Balance at end of year	497	471
Balance at end of year	443	429
Computer equipment [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	803	732
Additions	179	233
Disposals	(31)	(76)
Fully depreciated assets	(126)	(90)
Foreign currency translation adjustments and other	(7)	4
Balance at end of year	818	803
Computer equipment [member] | Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	374	355
Depreciation charge for the year	157	172
Disposals	(28)	(48)
Impairment losses		3
Fully depreciated assets	(126)	(90)
Foreign currency translation adjustments and other	(2)	(18)
Balance at end of year	375	374
Furniture fixtures, and other depreciable assets [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	677
Balance at end of year	621	677
Balance at end of year	621	677
Furniture fixtures, and other depreciable assets [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	1,396	1,351
Additions	131	149
Disposals	(67)	(74)
Fully depreciated assets	(68)	(20)
Foreign currency translation adjustments and other	(50)	(10)
Balance at end of year	1,342	1,396
Furniture fixtures, and other depreciable assets [member] | Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	719	648
Depreciation charge for the year	153	156
Disposals	(66)	(62)
Fully depreciated assets	(68)	(20)
Foreign currency translation adjustments and other	(17)	(3)
Balance at end of year	721	719
Leasehold improvements [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	1,724
Balance at end of year	1,624	1,724
Balance at end of year	1,624	1,724
Leasehold improvements [member] | Gross carrying amount [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	3,310	3,062
Additions	235	380
Disposals	(137)	(71)
Fully depreciated assets	(108)	(69)
Foreign currency translation adjustments and other	(143)	8
Balance at end of year	3,157	3,310
Leasehold improvements [member] | Accumulated depreciation and impairment/losses [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	1,586	1,502
Depreciation charge for the year	256	170
Disposals	(135)	(42)
Fully depreciated assets	(108)	(69)
Foreign currency translation adjustments and other	(66)	25
Balance at end of year	$ 1,533	$ 1,586

Summary of Right of Use Assets

Summary of Right of Use Assets (Details) - Gross carrying amount [member] - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	$ 4,819	$ 4,463
Additions	171	735
Depreciation	(637)	(591)
Reassessments, modifications, and variable lease payment adjustments	103	200
Foreign currency translation adjustments and other	(464)	(124)
Balance at end of year	4,170	4,819
Right-of-use assets [member]
Disclosure of detailed information about property, plant and equipment [line items]
Terminations and impairment	(145)	(20)
Foreign currency translation adjustments and other	(141)	32
Land [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	956	1,027
Additions		2
Depreciation	(87)	(98)
Reassessments, modifications, and variable lease payment adjustments	19	14
Foreign currency translation adjustments and other	(93)	(19)
Balance at end of year	780	956
Land [member] | Right-of-use assets [member]
Disclosure of detailed information about property, plant and equipment [line items]
Terminations and impairment	(38)	(2)
Foreign currency translation adjustments and other	(70)	13
Buildings [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	3,821	3,377
Additions	119	733
Depreciation	(534)	(476)
Reassessments, modifications, and variable lease payment adjustments	84	186
Foreign currency translation adjustments and other	(171)	(107)
Balance at end of year	3,336	3,821
Buildings [member] | Right-of-use assets [member]
Disclosure of detailed information about property, plant and equipment [line items]
Terminations and impairment	(83)	(18)
Foreign currency translation adjustments and other	(71)	19
Computer equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Balance at beginning of year	42	59
Additions	52
Depreciation	(16)	(17)
Foreign currency translation adjustments and other	(7)	4
Balance at end of year	54	$ 42
Computer equipment [member] | Right-of-use assets [member]
Disclosure of detailed information about property, plant and equipment [line items]
Terminations and impairment	$ (24)

Schedule of Other Assets (Detai

Schedule of Other Assets (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Other Assets
Accounts receivable and other items	$ 9,144	$ 10,799
Accrued interest	2,196	2,336
Current income tax receivable	1,862	2,294
Defined benefit asset	637	9
Insurance-related assets, excluding investments	2,040	2,268
Prepaid expenses	1,300	1,150
Total	$ 17,179	$ 18,856

Deposits (Details Narrative)

Deposits (Details Narrative) - CAD ($) $ in Billions	Oct. 31, 2021	Oct. 31, 2020
Deposits
Aggregate amount of term deposits in denominations of $100,000 or more	$ 283	$ 287

Summary of Deposit Liabilities

Summary of Deposit Liabilities (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure Of Deposits From Customers [Line Items]
Demand	$ 170,192
Notice	779,342
Term	312,387	$ 320,823
Total deposits	1,261,921	1,214,136
Canada [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	699,267
United States [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	528,237
International [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	34,417
Personal [member]
Disclosure Of Deposits From Customers [Line Items]
Demand	23,116
Notice	559,301
Term	51,081	59,268
Total deposits	633,498	625,200
Personal [member] | Canada [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	296,487
Personal [member] | United States [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	337,011
Bank Deposits [member]
Disclosure Of Deposits From Customers [Line Items]
Demand	11,312
Notice	196
Term	9,409
Total deposits	20,917	28,969
Bank Deposits [member] | Canada [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	18,082
Bank Deposits [member] | United States [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	25
Bank Deposits [member] | International [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	2,810
Business and government [member]
Disclosure Of Deposits From Customers [Line Items]
Demand	135,764
Notice	219,845
Term	115,101	167,883
Total deposits	470,710	481,164
Business and government [member] | Canada [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	316,879
Business and government [member] | United States [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	151,584
Business and government [member] | International [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	2,247
Personal Banks Business And Goverment [Member]
Disclosure Of Deposits From Customers [Line Items]
Demand	170,192
Notice	779,342
Term	175,591
Total deposits	1,125,125	1,135,333
Personal Banks Business And Goverment [Member] | Canada [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	631,448
Personal Banks Business And Goverment [Member] | United States [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	488,620
Personal Banks Business And Goverment [Member] | International [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	5,057
Trading deposits [member]
Disclosure Of Deposits From Customers [Line Items]
Term	22,891	19,177
Total deposits	22,891	19,177
Trading deposits [member] | Canada [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	11,812
Trading deposits [member] | United States [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	3,567
Trading deposits [member] | International [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	7,512
Deposits designated at fair value through profit or loss [member]
Disclosure Of Deposits From Customers [Line Items]
Term	113,905	59,626
Total deposits	113,905	59,626
Deposits designated at fair value through profit or loss [member] | Canada [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	56,007
Deposits designated at fair value through profit or loss [member] | United States [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	36,050
Deposits designated at fair value through profit or loss [member] | International [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	21,848
Non interest bearing deposits [member] | Domestic Offices [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	72,705	55,920
Non interest bearing deposits [member] | Foreign Offices [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	82,756	76,099
Interest bearing deposits 1 [member] | Domestic Offices [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	626,562	604,625
Interest bearing deposits 1 [member] | Foreign Offices [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	479,890	472,913
Interest bearing deposits 1 [member] | US federal funds deposited [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	$ 8	$ 4,579

Summary of Deposit Liabilitie_2

Summary of Deposit Liabilities (Parenthetical) (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure Of Deposits From Customers [Line Items]
Deposits subject to bank recapitalization Bail-in	$ 43,100	$ 27,600
Deposits	470,710	481,164
Financial liabilities designated at fair value through profit or loss	113,988	59,665
Total deposits	1,261,921	1,214,136
Business and government [member] [Default Label] [Member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	470,710	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	83	39
U.S. Dollar [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	719,000	708,000
Other Currency [member]
Disclosure Of Deposits From Customers [Line Items]
Total deposits	44,000	44,000
Covered Bondholders [member] [Member] | Business and government [member] [Default Label] [Member]
Disclosure Of Deposits From Customers [Line Items]
Deposits	25,100	40,500
TD Capital Trust IV [Member] | Business and government [member] [Default Label] [Member]
Disclosure Of Deposits From Customers [Line Items]
Deposits	$ 500	$ 1,200

Maturity Schedule of Term Depos

Maturity Schedule of Term Deposits (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure Of Deposits From Customers [Line Items]
Term deposits	$ 312,387	$ 320,823
Personal [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	51,081	59,268
Deposits From Bank [Member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	9,409	14,869
Business and government [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	115,101	167,883
Trading deposits [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	22,891	19,177
Deposits designated at fair value through profit or loss [member] [Member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	113,905	59,626
Within 1 year [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	217,339	223,969
Within 1 year [member] | Personal [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	36,187	41,213
Within 1 year [member] | Deposits From Bank [Member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	9,401	14,859
Within 1 year [member] | Business and government [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	42,887	97,278
Within 1 year [member] | Trading deposits [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	16,086	10,993
Within 1 year [member] | Deposits designated at fair value through profit or loss [member] [Member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	112,778	$ 59,626
Over 1 year to 2 years [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	39,755
Over 1 year to 2 years [member] | Personal [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	7,611
Over 1 year to 2 years [member] | Deposits From Bank [Member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	2
Over 1 year to 2 years [member] | Business and government [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	28,880
Over 1 year to 2 years [member] | Trading deposits [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	2,135
Over 1 year to 2 years [member] | Deposits designated at fair value through profit or loss [member] [Member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	1,127
Over 2 years to 3 years [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	27,444
Over 2 years to 3 years [member] | Personal [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	4,570
Over 2 years to 3 years [member] | Business and government [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	21,276
Over 2 years to 3 years [member] | Trading deposits [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	1,598
Over 3 years to 4 years [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	10,674
Over 3 years to 4 years [member] | Personal [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	1,099
Over 3 years to 4 years [member] | Business and government [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	8,488
Over 3 years to 4 years [member] | Trading deposits [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	1,087
Over 4 years to 5 years [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	9,909
Over 4 years to 5 years [member] | Personal [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	1,585
Over 4 years to 5 years [member] | Deposits From Bank [Member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	2
Over 4 years to 5 years [member] | Business and government [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	7,491
Over 4 years to 5 years [member] | Trading deposits [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	831
Over 5 years [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	7,266
Over 5 years [member] | Personal [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	29
Over 5 years [member] | Deposits From Bank [Member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	4
Over 5 years [member] | Business and government [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	6,079
Over 5 years [member] | Trading deposits [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	1,154
Within 3 months [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	96,110
Within 3 months [member] | Personal [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	15,549
Within 3 months [member] | Deposits From Bank [Member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	9,241
Within 3 months [member] | Business and government [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	27,875
Within 3 months [member] | Trading deposits [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	7,070
Within 3 months [member] | Deposits designated at fair value through profit or loss [member] [Member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	36,375
Over 3 months to 6 months [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	55,469
Over 3 months to 6 months [member] | Personal [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	8,491
Over 3 months to 6 months [member] | Deposits From Bank [Member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	135
Over 3 months to 6 months [member] | Business and government [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	8,268
Over 3 months to 6 months [member] | Trading deposits [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	4,867
Over 3 months to 6 months [member] | Deposits designated at fair value through profit or loss [member] [Member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	33,708
Over 6 months to 12 months [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	65,760
Over 6 months to 12 months [member] | Personal [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	12,147
Over 6 months to 12 months [member] | Deposits From Bank [Member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	25
Over 6 months to 12 months [member] | Business and government [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	6,744
Over 6 months to 12 months [member] | Trading deposits [member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	4,149
Over 6 months to 12 months [member] | Deposits designated at fair value through profit or loss [member] [Member]
Disclosure Of Deposits From Customers [Line Items]
Term deposits	$ 42,695

Summary of Other Liabilities (D

Summary of Other Liabilities (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of financial liabilities [abstract]
Accounts payable, accrued expenses, and other items1	$ 7,499	$ 6,571
Accrued interest	714	1,142
Accrued salaries and employee benefits	4,151	2,900
Cheques and other items in transit	2,667	2,440
Current income tax payable	82	275
Deferred tax liabilities	244	284
Defined benefit liability	1,592	3,302
Lease liabilities	5,473	6,095
Liabilities related to structured entities	4,407	5,898
Provisions	1,304	1,569
Total	$ 28,133	$ 30,476

Summary of Other Liabilities (P

Summary of Other Liabilities (Parenthetical) (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of financial liabilities [abstract]
Dividends payable	$ 1,404	$ 1,383

Summary of Subordinated Notes a

Summary of Subordinated Notes and Debentures (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Disclosure of detailed information about borrowings [line items]
Subordinated notes and debentures	$ 11,230	$ 11,477
9.15% subordinated notes due May 26, 2025 [member]
Disclosure of detailed information about borrowings [line items]
Maturity date	May 26, 2025
Interest rate (%)	9.15%
Subordinated notes and debentures	$ 200	200
3.589% Subordinated Debentures due September 14, 2028 [member]
Disclosure of detailed information about borrowings [line items]
Maturity date	September 14, 2028
Interest rate (%)	3.589%
Reset spread (%)	1.06%
Earliest par redemption date	Sep. 14, 2023
Subordinated notes and debentures	$ 1,749	1,743
3.224% subordinated debentures due July 25, 2029 [member]
Disclosure of detailed information about borrowings [line items]
Maturity date	July 25, 2029
Interest rate (%)	3.224%
Reset spread (%)	1.25%
Earliest par redemption date	Jul. 25, 2024
Subordinated notes and debentures	$ 1,550	1,561
3.105% Subordinated Debentures due April 22, 2030 [member]
Disclosure of detailed information about borrowings [line items]
Maturity date	April 22, 2030
Interest rate (%)	3.105%
Reset spread (%)	2.16%
Earliest par redemption date	Apr. 22, 2025
Subordinated notes and debentures	$ 2,952	2,974
4.859% subordinated debentures due March 4, 2031 [member]
Disclosure of detailed information about borrowings [line items]
Maturity date	March 4, 2031
Interest rate (%)	4.859%
Reset spread (%)	3.49%
Earliest par redemption date	Mar. 4, 2026
Subordinated notes and debentures	$ 1,271	1,279
3.625% subordinated debentures due September 15, 2031 [member]
Disclosure of detailed information about borrowings [line items]
Maturity date	September 15, 2031
Interest rate (%)	3.625%
Reset spread (%)	2.205%
Earliest par redemption date	Sep. 15, 2026
Subordinated notes and debentures	$ 1,765	1,881
3.06% Subordinated Debentures due January 26, 2032 [member]
Disclosure of detailed information about borrowings [line items]
Maturity date	January 26, 2032
Interest rate (%)	3.06%
Reset spread (%)	1.33%
Earliest par redemption date	Jan. 26, 2027
Subordinated notes and debentures	$ 1,743	$ 1,839

Summary of Subordinated Notes_2

Summary of Subordinated Notes and Debentures (Parenthetical) (Details)	12 Months Ended
	Oct. 31, 2021
3.625% subordinated debentures due September 15, 2031 [member] | Earliest Redemption Date September 15, 2026 to September 15, 2031 [member]
Disclosure of detailed information about borrowings [line items]
Borrowings interest rate basis	5-year Mid-Swap Rate plus

Summary of Capital Trust Securi

Summary of Capital Trust Securities (Details) - TD Capital Trust IV [member] Securities in Thousands, $ in Millions	12 Months Ended
	Oct. 31, 2021CAD ($)Securities	Oct. 31, 2020CAD ($)
Disclosure of trust capital securities [line items]
Number of capital trust securities | Securities	1,200
Principal amount | $	$ 450	$ 1,200
TD Capital Trust IV Notes - Series 2 [member]
Disclosure of trust capital securities [line items]
Number of capital trust securities | Securities	450
Distribution/Interest payment dates	June 30, Dec. 31
Annual yield	10.00%
Redemption date at the option issuer	Jun. 30, 2014
Principal amount | $	$ 450	450
TD Capital Trust IV Notes - Series 3 [member]
Disclosure of trust capital securities [line items]
Number of capital trust securities | Securities	750
Distribution/Interest payment dates	June 30, Dec. 31
Annual yield	6.631%
Redemption date at the option issuer	Dec. 31, 2014
Principal amount | $		$ 750

Summary of Capital Trust Secu_2

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

Summary of Classes of Share Cap

Summary of Classes of Share Capital - Common Shares (Details) - CAD ($) shares in Millions, $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Disclosure of classes of share capital [line items]
Balance at beginning of year	$ 95,499	$ 87,701
Balance at end of year	$ 99,818	$ 95,499	$ 87,701
Issued capital [member] | Common shares [member]
Disclosure of classes of share capital [line items]
Beginning balance, Number of shares	1,816.1	1,812.5
Balance at beginning of year	$ 22,487	$ 21,713	21,221
Proceeds from shares issued on exercise of stock options, Number of shares	2.8	1.5
Proceeds from shares issued on exercise of stock options, Amount	$ 165	$ 79	124
Shares issued as a result of dividend reinvestment plan, Number of shares	5	14.1
Shares issued as a result of dividend reinvestment plan	$ 414	$ 838
Purchase of shares for cancellation and other, Number of Shares		(12)
Purchase of shares for cancellation and other, Amount	$ 0	$ (143)	$ (355)
Ending balance, Number of shares	1,823.9	1,816.1	1,812.5
Balance at end of year	$ 23,066	$ 22,487	$ 21,713

Summary of Classes of Share C_2

Summary of Classes of Share Capital - Preferred Shares and Other Equity Instruments (Details) - CAD ($) shares in Millions, $ in Millions	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Disclosure of classes of share capital [line items]
Amount	$ 99,818	$ 95,499	$ 87,701
Preference shares [member] | Issued capital [member]
Disclosure of classes of share capital [line items]
Number of shares	158	226
Amount	$ 3,950	$ 5,650
Preference shares [member] | Issued capital [member] | Preferred shares class A series 1 [member]
Disclosure of classes of share capital [line items]
Number of shares	20	20
Amount	$ 500	$ 500
Preference shares [member] | Issued capital [member] | Preferred shares class A series 3 [member]
Disclosure of classes of share capital [line items]
Number of shares	20	20
Amount	$ 500	$ 500
Preference shares [member] | Issued capital [member] | Preferred shares class A series 5 [member]
Disclosure of classes of share capital [line items]
Number of shares	20	20
Amount	$ 500	$ 500
Preference shares [member] | Issued capital [member] | Preferred shares class A series 7 [member]
Disclosure of classes of share capital [line items]
Number of shares	14	14
Amount	$ 350	$ 350
Preference shares [member] | Issued capital [member] | Preferred shares class A series 9 [member]
Disclosure of classes of share capital [line items]
Number of shares	8	8
Amount	$ 200	$ 200
Preference shares [member] | Issued capital [member] | Preferred shares class A series 12 [member]
Disclosure of classes of share capital [line items]
Number of shares		28
Amount		$ 700
Preference shares [member] | Issued capital [member] | Preferred shares class A series 14 [member]
Disclosure of classes of share capital [line items]
Number of shares		40
Amount		$ 1,000
Preference shares [member] | Issued capital [member] | Preferred shares class A series 16 [member]
Disclosure of classes of share capital [line items]
Number of shares	14	14
Amount	$ 350	$ 350
Preference shares [member] | Issued capital [member] | Preferred shares class A series 18 [member]
Disclosure of classes of share capital [line items]
Number of shares	14	14
Amount	$ 350	$ 350
Preference shares [member] | Issued capital [member] | Preferred shares class A series 20 [member]
Disclosure of classes of share capital [line items]
Number of shares	16	16
Amount	$ 400	$ 400
Preference shares [member] | Issued capital [member] | Preferred shares class A series 22 [member]
Disclosure of classes of share capital [line items]
Number of shares	14	14
Amount	$ 350	$ 350
Preference shares [member] | Issued capital [member] | Preferred shares class A series 24 [member]
Disclosure of classes of share capital [line items]
Number of shares	18	18
Amount	$ 450	$ 450
Other equity instruments [member] | Issued capital [member] | Limited Recourse Capital Notes - Series 1 [member]
Disclosure of classes of share capital [line items]
Number of shares	1.8
Amount	$ 1,750
Preferred shares and other equity instruments [member] | Issued capital [member]
Disclosure of classes of share capital [line items]
Number of shares	159.8	226
Amount	$ 5,700	$ 5,650	$ 5,800	$ 5,000

Summary of Classes of Share C_3

Summary of Classes of Share Capital - Preferred Shares and Other Equity Instruments (Parenthetical) (Details) - CAD ($) $ / shares in Units, shares in Thousands, $ in Millions	6 Months Ended	12 Months Ended
	Apr. 30, 2021	Oct. 31, 2021
Preferred shares class A series 12 [member]
Disclosure of classes of share capital [line items]
Number of shares	28,000
Redemption price per share	$ 25
Total redemption costs	$ 700
Preferred shares class A series 14 [member]
Disclosure of classes of share capital [line items]
Number of shares		40,000
Redemption price per share		$ 25
Total redemption costs		$ 1,000
Preferred Shares Series 26 [Member] | LCRN Series 1 [Member]
Disclosure of classes of share capital [line items]
Common shares issued		1,750
Shares issued price per share		$ 1,000

Summary of Classes of Share C_4

Summary of Classes of Share Capital - Treasury Shares (Details) - CAD ($) shares in Millions, $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Disclosure of classes of share capital [line items]
Balance at beginning of year	$ 95,499	$ 87,701
Balance at end of year	$ 99,818	$ 95,499	$ 87,701
Treasury shares [member] | Common shares [member]
Disclosure of classes of share capital [line items]
Beginning balance, Number of shares	0.5	0.6
Purchase of shares, Number of shares	136.8	135.6
Sale of shares, Number of shares	(135.4)	(135.7)
Ending balance, Number of shares	1.9	0.5	0.6
Balance at beginning of year	$ (37)	$ (41)	$ (144)
Purchase of shares, Amount	(10,859)	(8,752)	(9,782)
Sale of shares, Amount	10,744	8,756	9,885
Balance at end of year	$ (152)	$ (37)	$ (41)
Treasury shares [member] | Preferred shares and other equity instruments [member]
Disclosure of classes of share capital [line items]
Beginning balance, Number of shares	0.1	0.3
Purchase of shares, Number of shares	5.3	6
Sale of shares, Number of shares	(5.3)	(6.2)
Ending balance, Number of shares	0.1	0.1	0.3
Balance at beginning of year	$ (4)	$ (6)	$ (7)
Purchase of shares and other equity instruments, Amount	(205)	(122)	(151)
Sale of shares and other equity instruments, Amount	199	124	152
Balance at end of year	$ (10)	$ (4)	$ (6)

Preferred Shares Terms and Cond

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

Preferred Shares Terms and Co_2

Preferred Shares Terms and Conditions (Parenthetical) (Details)	12 Months Ended
	Oct. 31, 2021$ / shares
Rate Reset Preferred Shares [member]
Disclosure of classes of share capital [line items]
Redemption price per share	$ 25
Floating Rate Preferred Shares [member]
Disclosure of classes of share capital [line items]
Redemption price per share	$ 25
Floating Rate Preferred Shares [member] | Rate Reset Preferred Shares [member]
Disclosure of classes of share capital [line items]
Next redemption/conversion date, period	5 years

Equity (Details Narrative)

Equity (Details Narrative) - CAD ($) $ / shares in Units, $ in Millions	Jul. 29, 2021	Oct. 31, 2021	Oct. 31, 2020
Disclosure of classes of share capital [line items]
Issued of Limited Recourse Capital Notes NVCC, Series 1	$ 1,750
Limited recourse capital notes interest rate description		The LRCNs bear interest at a fixed rate of 3.6% per annum, payable semi-annually, until October 31, 2026 and thereafter at a rate per annum, reset every five years, equal to the prevailing 5-year Government of Canada Yield plus 2.747% until maturity on October 31, 2081. The Bank may redeem the LRCNs, in whole or in part, during the period from October 1 to and including October 31, commencing in 2026 and every five years thereafter, with the prior written approval of OSFI. In the event of (i) non-payment of interest following any interest payment date, (ii) non-payment of the redemption price in case of a redemption of the LRCNs, (iii) non-payment of principal plus accrued and unpaid interest at the maturity of the LRCNs, (iv) an event of default on the LRCNs, or (v) a Trigger Event, the recourse of each LRCN holder will be limited to that holder’s pro rata share of the Limited Recourse Trust’s assets.
Excluding Non Viability Contingent Capital Series Twenty Six [Member]
Disclosure of classes of share capital [line items]
Maximum number of common shares that could be issued if a NVCC conversion were to occur in accordance with the NVCC Provisions		790,000,000
Non Viability Contingent Capital [Member] | Subordinated notes and debentures [member]
Disclosure of classes of share capital [line items]
Maximum number of common shares that could be issued if a NVCC conversion were to occur in accordance with the NVCC Provisions		3,200,000,000
Normal Course Issuer Bid [Member] | Toronto Stock Exchange [Member]
Disclosure of classes of share capital [line items]
Common stock shares authorized to be repurchased		50,000,000
Dividend reinvestment plan [member] | Discount at 2% [member]
Disclosure of classes of share capital [line items]
Common shares at a discount			10,000,000
Dividend reinvestment plan [member] | Discount at 0% [member]
Disclosure of classes of share capital [line items]
Common shares at a discount		5,100,000	4,100,000
Dividend reinvestment plan [member] | Bottom of range [member]
Disclosure of classes of share capital [line items]
Percentage of discount reinvestment of dividend in to common shares		0.00%
Dividend reinvestment plan [member] | Top of range [member]
Disclosure of classes of share capital [line items]
Percentage of discount reinvestment of dividend in to common shares		5.00%
Payable semi-annually, until October 31, 2026 and thereafter at a rate per annum [member
Disclosure of classes of share capital [line items]
Notes receivables fixed interest rate		3.60%
Non-Cumulative 5-Year Fixed Rate Reset Preferred Shares NVCC, Series 26 [member]
Disclosure of classes of share capital [line items]
Issued of Limited Recourse Capital Notes NVCC, Series 1	$ 1,750
Note issued price per share	$ 1,000
Limited Recourse Capital Notes [Member] | Non-Cumulative 5-Year Fixed Rate Reset Preferred Shares NVCC, Series 26 [member]
Disclosure of classes of share capital [line items]
Maximum number of common shares that could be issued if a NVCC conversion were to occur in accordance with the NVCC Provisions		350,000,000

Summary of Amounts Arising from

Summary of Amounts Arising from Insurance Contracts (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Disclosure of amounts arising from insurance contracts [line items]
Earned premiums	$ 4,534	$ 4,202	$ 3,717
Fee income and other revenue	343	363	565
Insurance Claims and Related Expenses	2,707	2,886	2,787
Insurance Revenue	4,877	4,565	4,282
Gross amount arising from insurance contracts [member]
Disclosure of amounts arising from insurance contracts [line items]
Earned premiums	5,186	4,845	4,632
Insurance Claims and Related Expenses	2,841	3,380	2,987
Reinsurer's share of amount arising from insurance contracts [member]
Disclosure of amounts arising from insurance contracts [line items]
Earned premiums	652	643	915
Insurance Claims and Related Expenses	$ 134	$ 494	$ 200

Summary of Amounts Arising fr_2

Summary of Amounts Arising from Insurance Contracts (Parenthetical) (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Disclosure of amounts arising from insurance contracts [abstract]
Ceding commissions paid and netted against fee income	$ 85	$ 92	$ 123

Summary of Movement in Provisio

Summary of Movement in Provisions for Unpaid Claims (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Disclosure Of Movement In Provisions For Unpaid Claims [line items]
Balance as at beginning of year	$ 4,896	$ 4,699
Claims costs for current accident year	2,529	2,646
Prior accident years claims development (favourable) unfavourable	(341)	(349)
Discount rate	(83)	123
Provision for adverse deviation	(2)	21
Claims and related expenses	2,103	2,441
Current accident year	(1,052)	(1,167)
Prior accident years	(1,068)	(1,077)
Cash paid for claims	(2,120)	(2,244)
Balance as at end of year	4,879	4,896
Gross amount arising from insurance contracts [member]
Disclosure Of Movement In Provisions For Unpaid Claims [line items]
Balance as at beginning of year	5,142	4,840
Claims costs for current accident year	2,629	2,948
Prior accident years claims development (favourable) unfavourable	(354)	(354)
Discount rate	(84)	123
Provision for adverse deviation	(3)	25
Claims and related expenses	2,188	2,742
Current accident year	(1,085)	(1,346)
Prior accident years	(1,136)	(1,084)
Cash paid for claims	(2,221)	(2,430)
Increase (decrease) in reinsurance/other recoverables	(13)	(10)
Balance as at end of year	5,096	5,142
Reinsurance/ other recoverable [member]
Disclosure Of Movement In Provisions For Unpaid Claims [line items]
Balance as at beginning of year	246	141
Claims costs for current accident year	100	302
Prior accident years claims development (favourable) unfavourable	(13)	(5)
Discount rate	(1)
Provision for adverse deviation	(1)	4
Claims and related expenses	85	301
Current accident year	(33)	(179)
Prior accident years	(68)	(7)
Cash paid for claims	(101)	(186)
Increase (decrease) in reinsurance/other recoverables	(13)	(10)
Balance as at end of year	$ 217	$ 246

Summary of Movement in Provis_2

Summary of Movement in Provisions for Unearned Premiums (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Disclosure Of Movement In Provisions For Unearned Premiums [line items]
Earned premiums	$ 4,534	$ 4,202	$ 3,717
Property liability and casualty insurance segment [member]
Disclosure Of Movement In Provisions For Unearned Premiums [line items]
Balance as at beginning of year	2,099	1,852
Written premiums	3,898	3,752
Earned premiums	(3,679)	(3,505)
Balance as at end of year	2,318	2,099	1,852
Gross amount arising from insurance contracts [member]
Disclosure Of Movement In Provisions For Unearned Premiums [line items]
Earned premiums	5,186	4,845	4,632
Gross amount arising from insurance contracts [member] | Property liability and casualty insurance segment [member]
Disclosure Of Movement In Provisions For Unearned Premiums [line items]
Balance as at beginning of year	2,123	1,869
Written premiums	4,044	3,879
Earned premiums	(3,824)	(3,625)
Balance as at end of year	2,343	2,123	1,869
Reinsurer's share of amount arising from insurance contracts [member]
Disclosure Of Movement In Provisions For Unearned Premiums [line items]
Earned premiums	652	643	915
Reinsurer's share of amount arising from insurance contracts [member] | Property liability and casualty insurance segment [member]
Disclosure Of Movement In Provisions For Unearned Premiums [line items]
Balance as at beginning of year	24	17
Written premiums	146	127
Earned premiums	(145)	(120)
Balance as at end of year	$ 25	$ 24	$ 17

Insurance (Details Narrative)

Insurance (Details Narrative) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Disclosure Of Other Movements In Insurance Liabilities [line items]
Other insurance liabilities	$ 237	$ 325
Increase (Decrease) of due to business growth	$ (88)	$ 114
Ontario [member]
Disclosure Of Other Movements In Insurance Liabilities [line items]
Percentage of net written premiums	49.80%	52.30%
Western Provinces [member]
Disclosure Of Other Movements In Insurance Liabilities [line items]
Percentage of net written premiums	32.50%	31.70%
Atlantic Provinces [member]
Disclosure Of Other Movements In Insurance Liabilities [line items]
Percentage of net written premiums	10.80%	9.40%
Quebec [member]
Disclosure Of Other Movements In Insurance Liabilities [line items]
Percentage of net written premiums	6.90%	6.60%
Automobile policies [member]
Disclosure Of Other Movements In Insurance Liabilities [line items]
Percentage of net written premiums	65.80%	66.30%
Residential [member]
Disclosure Of Other Movements In Insurance Liabilities [line items]
Percentage of net written premiums	33.80%	33.30%

Incurred Claims by Accident Yea

Incurred Claims by Accident Year (Details) $ in Millions	12 Months Ended
	Oct. 31, 2021CAD ($)
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net undiscounted provision for unpaid claims	$ 4,730
Effect of discounting	(278)
Provision for adverse deviation	427
Net provision for unpaid claims	4,879
2012 And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	4,622
Current estimates of cumulative claims	4,537
Cumulative payments to date	(4,380)
Net undiscounted provision for unpaid claims	157
2013 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	2,245
Current estimates of cumulative claims	1,974
Cumulative payments to date	(1,931)
Net undiscounted provision for unpaid claims	43
2014 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	2,465
Current estimates of cumulative claims	2,037
Cumulative payments to date	(1,946)
Net undiscounted provision for unpaid claims	91
2015 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	2,409
Current estimates of cumulative claims	2,100
Cumulative payments to date	(1,941)
Net undiscounted provision for unpaid claims	159
2016 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	2,438
Current estimates of cumulative claims	2,159
Cumulative payments to date	(1,925)
Net undiscounted provision for unpaid claims	234
2017 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	2,425
Current estimates of cumulative claims	2,151
Cumulative payments to date	(1,808)
Net undiscounted provision for unpaid claims	343
2018 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	2,631
Current estimates of cumulative claims	2,522
Cumulative payments to date	(1,978)
Net undiscounted provision for unpaid claims	544
2019 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	2,727
Current estimates of cumulative claims	2,654
Cumulative payments to date	(1,883)
Net undiscounted provision for unpaid claims	771
2020 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	2,646
Current estimates of cumulative claims	2,499
Cumulative payments to date	(1,588)
Net undiscounted provision for unpaid claims	911
2021 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Net ultimate claims cost at end of accident year	2,529
Current estimates of cumulative claims	2,529
Cumulative payments to date	(1,052)
Net undiscounted provision for unpaid claims	1,477
Later than 1 year [member] | 2012 And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	5,033
Later than 1 year [member] | 2013 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,227
Later than 1 year [member] | 2014 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,334
Later than 1 year [member] | 2015 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,367
Later than 1 year [member] | 2016 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,421
Later than 1 year [member] | 2017 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,307
Later than 1 year [member] | 2018 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,615
Later than 1 year [member] | 2019 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,684
Later than 1 year [member] | 2020 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,499
Later than Two Years [member] | 2012 And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	4,957
Later than Two Years [member] | 2013 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,191
Later than Two Years [member] | 2014 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,280
Later than Two Years [member] | 2015 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,310
Later than Two Years [member] | 2016 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,334
Later than Two Years [member] | 2017 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,258
Later than Two Years [member] | 2018 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,573
Later than Two Years [member] | 2019 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,654
Later than three years [member] | 2012 And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	4,952
Later than three years [member] | 2013 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,158
Later than three years [member] | 2014 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,225
Later than three years [member] | 2015 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,234
Later than three years [member] | 2016 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,264
Later than three years [member] | 2017 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,201
Later than three years [member] | 2018 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,522
Later than four year [member] | 2012 And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	4,832
Later than four year [member] | 2013 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,097
Later than four year [member] | 2014 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,147
Later than four year [member] | 2015 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,162
Later than four year [member] | 2016 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,200
Later than four year [member] | 2017 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,151
Over 5 years [member] | 2012 And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	4,704
Over 5 years [member] | 2013 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,047
Over 5 years [member] | 2014 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,084
Over 5 years [member] | 2015 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,115
Over 5 years [member] | 2016 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,159
Later Than Six Years [member] | 2012 And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	4,658
Later Than Six Years [member] | 2013 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,004
Later Than Six Years [member] | 2014 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,044
Later Than Six Years [member] | 2015 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,100
Later Than Seven Years [member] | 2012 And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	4,563
Later Than Seven Years [member] | 2013 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	1,982
Later Than Seven Years [member] | 2014 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	2,037
Later Than Eight Years [member] | 2012 And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	4,529
Later Than Eight Years [member] | 2013 [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	1,974
Later Than Nine Years [member] | 2012 And Prior [member]
Disclosure Of Estimated Insurance Claims Incurred [line items]
Revised estimates	$ 4,537

Sensitivity of Critical Assumpt

Sensitivity of Critical Assumptions - Property and Casualty insurance Contract Liabilities (Details) - Property liability and casualty insurance segment [member] - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Impact of one percent change in discount rate in key assumptions[member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Increase in assumption	$ 126	$ 130
Decrease in assumption	(135)	(140)
Increase in assumption	93	96
Decrease in assumption	(100)	(103)
Impact of one percent change in margin for adverse deviation in key assumptions[member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Increase in assumption	(47)	(47)
Decrease in assumption	47	47
Increase in assumption	(35)	(35)
Decrease in assumption	35	35
Impact of five percent change in frequency of claims in key assumptions [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Increase in assumption	(56)	(52)
Decrease in assumption	56	52
Increase in assumption	(42)	(39)
Decrease in assumption	42	39
Impact of five percent change in severity of claims in key assumptions [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Increase in assumption	(226)	(225)
Decrease in assumption	226	225
Increase in assumption	(167)	(166)
Decrease in assumption	$ 167	$ 166

Share-Based Compensation (Detai

Share-Based Compensation (Details Narrative) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Oct. 31, 2021CAD ($)$ / sharesshares	Oct. 31, 2020CAD ($)$ / sharesshares	Oct. 31, 2019CAD ($)$ / sharesshares
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Compensation expense, net of effects of related hedges	$ 511	$ 500	$ 546
Compensation expense, before effects of related hedges	1.3	206	662
Liabilities related to share based compensation plans	2,400	1,500
Stock Option Awards [Member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Compensation Expense	$ 25.6	$ 11.2	$ 11.1
Granted	2,200,000	2,100,000	2,200,000
Weighted average fair value of options granted | $ / shares	$ 8.90	$ 5.55	$ 5.64
Employee Stock Options [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Options vesting period	Compensation expense is recognized based on the fair value of the share units at the grant date adjusted for changes in fair value between the grant date and the vesting date, net of hedging activities, over the service period required for employees to become fully entitled to the awards. This period is generally equal to the vesting period, in addition to a period prior to the grant date. For the Bank’s share units, this period is generally equal to four years.
Options, term	The cost of the share options is based on the fair value estimated at the grant date and is recognized as compensation expense and contributed surplus over the service period required for employees to become fully entitled to the awards. This period is generally equal to the vesting period in addition to a period prior to the grant date. For the Bank’s share options, this period is generally equal to five years. When options are exercised, the amount initially recognized in the contributed surplus balance is reduced, with a corresponding increase in common shares.
Weighted average share price for the options exercised | $ / shares	$ 80.95	$ 70.21	$ 74.15
Granted	2,200,000	2,100,000	2,200,000
Employee Stock Options [member] | Key management personnel of entity or parent [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Common shares reserved for future issuance | shares	12	14	16
Options vesting period	ten years
Options, term	four-year
Restricted Share Unit And Performance Share Unit Plans [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Number of other equity instruments outstanding in share based payment arrangement	22,000,000	22,000,000
Restricted Share Unit And Performance Share Unit Plans [member] | Bottom of range [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Percentage of number of units outstanding at maturity determining final number of performance share units	80.00%
Restricted Share Unit And Performance Share Unit Plans [member] | Top of range [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Percentage of number of units outstanding at maturity determining final number of performance share units	120.00%
Deferred share unit plans [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Number of other equity instruments outstanding in share based payment arrangement	6,500,000	6,800,000
Employee ownership plan [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Description of employee ownership plan contribution	Employees can contribute any amount of their eligible earnings (net of source deductions), subject to an annual cap of 10% of salary to the Employee Ownership Plan. For participating employees below the level of Vice President, the Bank matches 100% of the first $250 of employee contributions each year and the remainder of employee contributions at 50% to an overall maximum of 3.5% of the employee’s eligible earnings or $2,250, whichever comes first.
Contribution from employer	$ 81	$ 82	$ 74
Common shares held under employee ownership plan	22,000,000	22,000,000

Stock Option Activity (Details)

Stock Option Activity (Details) - Employee Stock Options [member] Unit_pure in Millions	12 Months Ended
	Oct. 31, 2021$ / shares	Oct. 31, 2020$ / shares	Oct. 31, 2019$ / shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number outstanding, beginning of year	13.1	12.8	13.1
Granted	2.2	2.1	2.2
Exercised	(2.8)	(1.5)	(2.3)
Forfeited/expired	(0.3)	(0.3)	(0.2)
Number outstanding, end of year	12.2	13.1	12.8
Exercisable, end of year	4.4	5.4	4.7
Number outstanding, beginning of year, Weighted average exercise price	$ 61.27	$ 57.35	$ 53.12
Granted, Weighted average exercise price	71.88	72.84	69.39
Exercised, Weighted average exercise price	50.67	43.60	44.07
Forfeited/expired, Weighted average exercise price	71.50	65.99	66.59
Number outstanding, end of year, Weighted average exercise price	65.36	61.27	57.35
Exercisable, end of year, Weighted average exercise price	$ 54.36	$ 48.50	$ 44.77

Range of Exercise Prices (Detai

Range of Exercise Prices (Details) - Employee Stock Options [member] shares in Millions, Unit_pure in Millions	12 Months Ended
	Oct. 31, 2021shares$ / shares	Oct. 31, 2020$ / shares	Oct. 31, 2019$ / shares	Oct. 31, 2018$ / shares
Disclosure of range of exercise prices of outstanding share options [line items]
Number of shares options outstanding	12.2	13.1	12.8	13.1
Weighted- average exercise price	$ 65.36	$ 61.27	$ 57.35	$ 53.12
Number of shares exercisable	4.4	5.4	4.7
Weighted- average exercise price	$ 54.36	$ 48.50	$ 44.77
$36.64 - $40.54 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number of shares options outstanding | shares	0.5
Weighted- average remaining contractual life (years)	10 months 24 days
Weighted- average exercise price	$ 40.26
Number of shares exercisable | shares	0.5
Weighted- average exercise price	$ 40.26
$47.59 - $52.46 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number of shares options outstanding | shares	1.5
Weighted- average remaining contractual life (years)	2 years 7 months 6 days
Weighted- average exercise price	$ 50.33
Number of shares exercisable | shares	1.5
Weighted- average exercise price	$ 50.33
$53.15 - $65.75 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number of shares options outstanding | shares	2.4
Weighted- average remaining contractual life (years)	4 years 6 months
Weighted- average exercise price	$ 59.79
Number of shares exercisable | shares	2.4
Weighted- average exercise price	$ 59.79
$69.39 - $71.88 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number of shares options outstanding | shares	4.1
Weighted- average remaining contractual life (years)	8 years
Weighted- average exercise price	$ 70.67
$72.64 - $72.84 [member]
Disclosure of range of exercise prices of outstanding share options [line items]
Number of shares options outstanding | shares	3.7
Weighted- average remaining contractual life (years)	7 years 1 month 6 days
Weighted- average exercise price	$ 72.75

Schedule of Assumptions Used fo

Schedule of Assumptions Used for Estimating the Fair Value of Options (Details) - Options [Member]	12 Months Ended
	Oct. 31, 2021yr$ / shares	Oct. 31, 2020yr$ / shares	Oct. 31, 2019yr$ / shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Risk-free interest rate	0.71%	1.59%	2.03%
Option contractual life | yr	10	10	10
Expected volatility2	18.50%	12.90%	12.64%
Expected dividend yield	3.61%	3.50%	3.48%
Exercise price/share price | $ / shares	$ 71.88	$ 72.84	$ 69.39

Summary of Plan Asset Allocatio

Summary of Plan Asset Allocation Plan Asset Allocation (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Society [Member]
Disclosure of fair value of plan assets [line items]
Percentage of total	100.00%	100.00%	100.00%
Society [Member] | Fair Value Quoted [member]
Disclosure of fair value of plan assets [line items]
Equity	$ 589	$ 685	$ 1,002
Total	589	685	1,002
Society [Member] | Fair Value Unquoted [member]
Disclosure of fair value of plan assets [line items]
Debt	3,877	3,670	3,374
Equity	1,238	1,402	976
Alternative investments	1,279	899	760
Other	(532)	(685)	(276)
Total	$ 5,862	$ 5,286	$ 4,834
Society [Member] | Debt securities [member]
Disclosure of fair value of plan assets [line items]
Percentage of total	56.00%	55.00%	55.00%
Society [Member] | Debt securities [member] | Minimum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	40.00%	30.00%	40.00%
Society [Member] | Debt securities [member] | Maximum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	70.00%	70.00%	70.00%
Society [Member] | Equity [member]
Disclosure of fair value of plan assets [line items]
Percentage of total	26.00%	31.00%	32.00%
Society [Member] | Equity [member] | Minimum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	19.00%	24.00%	24.00%
Society [Member] | Equity [member] | Maximum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	45.00%	55.00%	42.00%
Society [Member] | Investment funds and trusts [member]
Disclosure of fair value of plan assets [line items]
Percentage of total	18.00%	14.00%	13.00%
Society [Member] | Investment funds and trusts [member] | Minimum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	1.00%	6.00%	6.00%
Society [Member] | Investment funds and trusts [member] | Maximum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	30.00%	35.00%	35.00%
TD Pension Plan [member]
Disclosure of fair value of plan assets [line items]
Percentage of total	100.00%	100.00%	100.00%
TD Pension Plan [member] | Fair Value Quoted [member]
Disclosure of fair value of plan assets [line items]
Equity	$ 461	$ 344	$ 368
Total	461	344	368
TD Pension Plan [member] | Fair Value Unquoted [member]
Disclosure of fair value of plan assets [line items]
Debt	1,023	940	634
Equity	1,055	756	639
Alternative investments	431	301	229
Other	(79)	(72)	111
Total	$ 2,430	$ 1,925	$ 1,613
TD Pension Plan [member] | Debt securities [member]
Disclosure of fair value of plan assets [line items]
Percentage of total	34.00%	40.00%	34.00%
TD Pension Plan [member] | Debt securities [member] | Minimum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	20.00%	25.00%	25.00%
TD Pension Plan [member] | Debt securities [member] | Maximum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	50.00%	50.00%	50.00%
TD Pension Plan [member] | Equity [member]
Disclosure of fair value of plan assets [line items]
Percentage of total	51.00%	47.00%	54.00%
TD Pension Plan [member] | Equity [member] | Minimum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	30.00%	30.00%	30.00%
TD Pension Plan [member] | Equity [member] | Maximum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	60.00%	70.00%	70.00%
TD Pension Plan [member] | Investment funds and trusts [member]
Disclosure of fair value of plan assets [line items]
Percentage of total	15.00%	13.00%	12.00%
TD Pension Plan [member] | Investment funds and trusts [member] | Minimum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	5.00%	5.00%	5.00%
TD Pension Plan [member] | Investment funds and trusts [member] | Maximum [Member]
Disclosure of fair value of plan assets [line items]
Acceptable range	40.00%	35.00%	35.00%

Summary of Expenses for the Ban

Summary of Expenses for the Bank's Defined Contribution Plans (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Defined contribution pension plan expenses	$ 533	$ 516	$ 474
Defined contribution pension plans [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Defined contribution pension plan expenses	178	169	150
Government pension plans [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
Defined contribution pension plan expenses	$ 355	$ 347	$ 324

Summary of Employee Benefit Pla

Summary of Employee Benefit Plans' Obligations, Assets, Funded Status and Expense (Details) $ in Millions	12 Months Ended
	Oct. 31, 2022CAD ($)	Oct. 31, 2021CAD ($)yr	Oct. 31, 2020CAD ($)yr	Oct. 31, 2019CAD ($)yr
Disclosure of defined benefit plans [line items]
Other assets in the Bank's Consolidated Balance Sheet		$ 17,179	$ 18,856
Other liabilities in the Bank's Consolidated Balance Sheet		(28,133)	(30,476)
Total expense		533	516	$ 474
Principal pension plans [member]
Disclosure of defined benefit plans [line items]
Excess (deficit) of plan assets at fair value over projected benefit obligation		554	(1,428)	(741)
Other assets in the Bank's Consolidated Balance Sheet		554
Other liabilities in the Bank's Consolidated Balance Sheet			(1,428)	(741)
Net defined benefit asset (liability)		554	(1,428)	(741)
Service cost - benefits earned		522	467	326
Net interest cost (income) on net defined benefit liability (asset)		24	15	(13)
Remeasurement (gain) loss - financial		(1,460)	617	1,565
Remeasurement gain (loss) - return on plan assets less interest income		(742)	(15)	(775)
Remeasurement (gain) loss - experience		137	56	83
Employer's contributions	$ 465
Past service cost (credit)				1
Defined benefit administrative expenses		11	10	10
Total expense		$ 557	$ 492	$ 324
Principal pension plans [member] | Annual Expense [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Weighted-average discount rate for projected benefit obligation		2.85%	3.08%	4.10%
Weighted-average rate of compensation increase		2.53%	2.57%	2.54%
Principal pension plans [member] | Annual Expense [member] | Retiring currently at age 65 [member] | Male [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		23.4	23.4	23.3
Principal pension plans [member] | Annual Expense [member] | Retiring currently at age 65 [member] | Female [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		24.2	24.1	24.1
Principal pension plans [member] | Annual Expense [member] | Currently aged 45 and retiring at 65 [member] | Male [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		24.4	24.3	24.3
Principal pension plans [member] | Annual Expense [member] | Currently aged 45 and retiring at 65 [member] | Female [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		25.1	25.1	25
Principal pension plans [member] | Projected Benefit Obligation [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Weighted-average discount rate for projected benefit obligation		3.50%	2.85%	3.08%
Weighted-average rate of compensation increase		2.46%	2.53%	2.57%
Principal pension plans [member] | Projected Benefit Obligation [member] | Retiring currently at age 65 [member] | Male [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		23.5	23.4	23.4
Principal pension plans [member] | Projected Benefit Obligation [member] | Retiring currently at age 65 [member] | Female [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		24.2	24.2	24.1
Principal pension plans [member] | Projected Benefit Obligation [member] | Currently aged 45 and retiring at 65 [member] | Male [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		24.4	24.4	24.3
Principal pension plans [member] | Projected Benefit Obligation [member] | Currently aged 45 and retiring at 65 [member] | Female [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		25.1	25.1	25.1
Principal pension plans [member] | Change in projected benefit obligation [member]
Disclosure of defined benefit plans [line items]
Defined benefit obligation at beginning of year	8,788	$ 9,668	$ 8,558	$ 6,539
Service cost - benefits earned		522	467	326
Net interest cost (income) on net defined benefit liability (asset)		210	236	240
Remeasurement (gain) loss - financial		(1,460)	617	1,565
Remeasurement (gain) loss - experience		137	56	83
Members' contributions		107	107	107
Benefits paid		(396)	(373)	(303)
Past service cost (credit)				1
Defined benefit obligation at end of year		8,788	9,668	8,558
Principal pension plans [member] | Change in projected benefit obligation [member] | Wholly or partly funded defined benefit plans [member]
Disclosure of defined benefit plans [line items]
Defined benefit obligation at beginning of year	8,788	9,668	8,558
Defined benefit obligation at end of year		8,788	9,668	8,558
Principal pension plans [member] | Change in plan assets [member]
Disclosure of defined benefit plans [line items]
Defined benefit obligation at beginning of year	9,342	8,240	7,817	6,643
Net interest cost (income) on net defined benefit liability (asset)		186	221	253
Remeasurement gain (loss) - return on plan assets less interest income		740	15	773
Members' contributions		107	107	107
Employer's contributions		474	463	352
Benefits paid		(396)	(373)	(303)
Defined benefit administrative expenses		(9)	(10)	(8)
Defined benefit obligation at end of year		9,342	8,240	7,817
Principal post retirement benefit plan [member]
Disclosure of defined benefit plans [line items]
Excess (deficit) of plan assets at fair value over projected benefit obligation		(466)	(506)	(620)
Other liabilities in the Bank's Consolidated Balance Sheet		(466)	(506)	(620)
Net defined benefit asset (liability)		(466)	(506)	(620)
Service cost - benefits earned		9	17	14
Net interest cost (income) on net defined benefit liability (asset)		11	17	20
Remeasurement (gain) loss - financial		(45)	(101)	92
Remeasurement (gain) loss - demographic			(44)	(26)
Remeasurement (gain) loss - experience		(1)	9
Employer's contributions	20
Total expense		$ 20	$ 34	$ 34
Principal post retirement benefit plan [member] | Annual Expense [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Weighted-average discount rate for projected benefit obligation		2.76%	3.07%	4.10%
Weighted-average rate of compensation increase		3.00%	3.00%	3.00%
Principal post retirement benefit plan [member] | Annual Expense [member] | Retiring currently at age 65 [member] | Male [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		23.4	23.4	23.3
Principal post retirement benefit plan [member] | Annual Expense [member] | Retiring currently at age 65 [member] | Female [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		24.2	24.1	24.1
Principal post retirement benefit plan [member] | Annual Expense [member] | Currently aged 45 and retiring at 65 [member] | Male [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		24.4	24.3	24.3
Principal post retirement benefit plan [member] | Annual Expense [member] | Currently aged 45 and retiring at 65 [member] | Female [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		25.1	25.1	25
Principal post retirement benefit plan [member] | Projected Benefit Obligation [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Weighted-average discount rate for projected benefit obligation		3.43%	2.76%	3.07%
Weighted-average rate of compensation increase		2.80%	3.00%	3.00%
Principal post retirement benefit plan [member] | Projected Benefit Obligation [member] | Retiring currently at age 65 [member] | Male [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		23.5	23.4	23.4
Principal post retirement benefit plan [member] | Projected Benefit Obligation [member] | Retiring currently at age 65 [member] | Female [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		24.2	24.2	24.1
Principal post retirement benefit plan [member] | Projected Benefit Obligation [member] | Currently aged 45 and retiring at 65 [member] | Male [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		24.4	24.4	24.3
Principal post retirement benefit plan [member] | Projected Benefit Obligation [member] | Currently aged 45 and retiring at 65 [member] | Female [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		25.1	25.1	25.1
Principal post retirement benefit plan [member] | Change in projected benefit obligation [member]
Disclosure of defined benefit plans [line items]
Defined benefit obligation at beginning of year	466	$ 506	$ 620	$ 535
Service cost - benefits earned		9	17	14
Net interest cost (income) on net defined benefit liability (asset)		11	17	20
Remeasurement (gain) loss - financial		(45)	(101)	92
Remeasurement (gain) loss - demographic			(44)	(26)
Remeasurement (gain) loss - experience		(1)	9
Benefits paid		(14)	(12)	(15)
Defined benefit obligation at end of year		466	506	620
Principal post retirement benefit plan [member] | Change in projected benefit obligation [member] | Wholly unfunded defined benefit plans [member]
Disclosure of defined benefit plans [line items]
Defined benefit obligation at beginning of year	466	506	620
Defined benefit obligation at end of year		466	506	620
Principal post retirement benefit plan [member] | Change in plan assets [member]
Disclosure of defined benefit plans [line items]
Employer's contributions		14	12	15
Benefits paid		(14)	(12)	(15)
Other pension and post retirement benefit plans [member]
Disclosure of defined benefit plans [line items]
Excess (deficit) of plan assets at fair value over projected benefit obligation		(724)	(921)	(989)
Effect of asset limitation and minimum funding requirement		(12)	(14)	(13)
Other assets in the Bank's Consolidated Balance Sheet		79	3	6
Other liabilities in the Bank's Consolidated Balance Sheet		(815)	(938)	(1,008)
Net defined benefit asset (liability)		(736)	(935)	(1,002)
Service cost - benefits earned		8	9	9
Net interest cost (income) on net defined benefit liability (asset)		19	28	33
Remeasurement (gain) loss - financial		(86)	128	430
Remeasurement gain (loss) - return on plan assets less interest income		(108)	(93)	(207)
Remeasurement (gain) loss - demographic		5	(80)	2
Remeasurement (gain) loss - experience		(1)	9	6
Employer's contributions	40
Past service cost (credit)		11	(3)	(30)
Defined benefit administrative expenses		3	5	6
Total expense		$ 41	$ 39	$ 18
Other pension and post retirement benefit plans [member] | Annual Expense [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Weighted-average discount rate for projected benefit obligation		2.74%	3.12%	4.37%
Weighted-average rate of compensation increase		1.03%	1.00%	1.03%
Other pension and post retirement benefit plans [member] | Annual Expense [member] | Retiring currently at age 65 [member] | Male [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		21.5	22.1	22.1
Other pension and post retirement benefit plans [member] | Annual Expense [member] | Retiring currently at age 65 [member] | Female [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		23.1	23.7	23.7
Other pension and post retirement benefit plans [member] | Annual Expense [member] | Currently aged 45 and retiring at 65 [member] | Male [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		22.2	22.7	22.7
Other pension and post retirement benefit plans [member] | Annual Expense [member] | Currently aged 45 and retiring at 65 [member] | Female [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		23.9	24.5	24.5
Other pension and post retirement benefit plans [member] | Projected Benefit Obligation [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Weighted-average discount rate for projected benefit obligation		2.99%	2.74%	3.12%
Weighted-average rate of compensation increase		0.98%	1.03%	1.00%
Other pension and post retirement benefit plans [member] | Projected Benefit Obligation [member] | Retiring currently at age 65 [member] | Male [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		21.6	21.5	22.1
Other pension and post retirement benefit plans [member] | Projected Benefit Obligation [member] | Retiring currently at age 65 [member] | Female [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		23.1	23.1	23.7
Other pension and post retirement benefit plans [member] | Projected Benefit Obligation [member] | Currently aged 45 and retiring at 65 [member] | Male [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		22.3	22.2	22.7
Other pension and post retirement benefit plans [member] | Projected Benefit Obligation [member] | Currently aged 45 and retiring at 65 [member] | Female [member]
Actuarial assumptions used to determine the projected benefit obligation as at October 31 [Abstract]
Life expectancy for members | yr		24	23.9	24.5
Other pension and post retirement benefit plans [member] | Change in projected benefit obligation [member]
Disclosure of defined benefit plans [line items]
Defined benefit obligation at beginning of year	2,691	$ 2,967	$ 2,948	$ 2,569
Service cost - benefits earned		8	9	9
Net interest cost (income) on net defined benefit liability (asset)		56	80	106
Remeasurement (gain) loss - financial		(86)	128	430
Remeasurement (gain) loss - demographic		5	(80)	2
Remeasurement (gain) loss - experience		(1)	9	6
Benefits paid		(139)	(144)	(143)
Change in foreign currency exchange rate		(130)	20	(1)
Past service cost (credit)		11	(3)	(30)
Defined benefit obligation at end of year		2,691	2,967	2,948
Other pension and post retirement benefit plans [member] | Change in projected benefit obligation [member] | Wholly or partly funded defined benefit plans [member]
Disclosure of defined benefit plans [line items]
Defined benefit obligation at beginning of year	1,879	2,067	2,073
Defined benefit obligation at end of year		1,879	2,067	2,073
Other pension and post retirement benefit plans [member] | Change in projected benefit obligation [member] | Wholly unfunded defined benefit plans [member]
Disclosure of defined benefit plans [line items]
Defined benefit obligation at beginning of year	812	900	875
Defined benefit obligation at end of year		812	900	875
Other pension and post retirement benefit plans [member] | Change in plan assets [member]
Disclosure of defined benefit plans [line items]
Defined benefit obligation at beginning of year	$ 1,967	2,046	1,959	1,733
Net interest cost (income) on net defined benefit liability (asset)		37	52	73
Remeasurement gain (loss) - return on plan assets less interest income		106	96	205
Employer's contributions		38	72	96
Benefits paid		(139)	(144)	(143)
Change in foreign currency exchange rate		(118)	18	(1)
Defined benefit administrative expenses		(3)	(7)	(4)
Defined benefit obligation at end of year		$ 1,967	$ 2,046	$ 1,959

Summary of Employee Benefit P_2

Summary of Employee Benefit Plans' Obligations, Assets, Funded Status and Expense (Parenthetical) (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2019	Oct. 31, 2021	Oct. 31, 2020
Disclosure of defined benefit plans [line items]
Assumed overall health care cost trend rate		3.13%	3.26%
Past service cost [member] | TD Auto Finance LLC [member]
Disclosure of defined benefit plans [line items]
Gains (losses) on pension plan amendments	$ 33
Assumed to gradually decline by the year 2040 and remain at that level thereafter [Member]
Disclosure of defined benefit plans [line items]
Assumed overall health care cost trend rate		1.08%	1.06%

Summary of Amounts Recognized i

Summary of Amounts Recognized in the Consolidated Balance Sheet (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Assets	$ 637	$ 9
Defined Benefit plan recognized in Other Liabilities	1,592	3,302
Other assets [member]
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Assets	637	9	$ 13
Other assets [member] | Principal pension plans [member]
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Assets	554
Other assets [member] | Other pension and post retirement benefit plans [member]
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Assets	79	3	6
Other assets [member] | Other employee benefit plans [member]
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Assets	4	6	7
Other liabilities [member]
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Liabilities	1,592	3,302	2,781
Other liabilities [member] | Principal pension plans [member]
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Liabilities		1,428	741
Other liabilities [member] | Principal post retirement benefit plan [member]
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Liabilities	466	506	620
Other liabilities [member] | Other pension and post retirement benefit plans [member]
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Liabilities	815	938	1,008
Other liabilities [member] | Other employee benefit plans [member]
Disclosure of net defined benefit liability (asset) [line items]
Defined Benefit plan recognized in Other Liabilities	311	430	412
Other assets and liabilities [member]
Disclosure of net defined benefit liability (asset) [line items]
Net amount recognized	$ (955)	$ (3,293)	$ (2,768)

Summary of Remeasurement of Def

Summary of Remeasurement of Defined Benefit Plans (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Principal pension plans [member]
Disclosure of net defined benefit liability (asset) [line items]
Remeasurement gains (losses) – financial	$ 1,460	$ (617)	$ (1,565)
Remeasurement gains (losses) – experience	(137)	(56)	(83)
Remeasurement gains (losses) – return on plan assets less interest	742	15	775
Total	2,065	(658)	(873)
Principal post retirement benefit plan [Member]
Disclosure of net defined benefit liability (asset) [line items]
Remeasurement gains (losses) – financial	45	101	(92)
Remeasurement gains (losses) – demographic		44	26
Remeasurement gains (losses) – experience	1	(9)
Total	46	136	(66)
Other pension and post retirement benefit plans [Member]
Disclosure of net defined benefit liability (asset) [line items]
Remeasurement gains (losses) – financial	86	(128)	(430)
Remeasurement gains (losses) – demographic	(5)	80	(2)
Remeasurement gains (losses) – experience	1	(9)	(6)
Remeasurement gains (losses) – return on plan assets less interest	108	93	207
Total	$ 190	$ 36	$ (231)

Summary of Remeasurement of D_2

Summary of Remeasurement of Defined Benefit Plans (Parenthetical) (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Gain (loss) on remeasurement, net defined benefit liability (asset) [abstract]
Remeasurement gains (losses) recognized in other comprehensive income in respect of other employee defined benefit plans	$ 121	$ (44)	$ (75)

Summary of Expected Future Bene

Summary of Expected Future Benefit Payments (Details) $ in Millions	12 Months Ended
	Oct. 31, 2021CAD ($)
Principal pension plans [member]
Disclosure of expected future benefit payments [Line Items]
2022	$ 410
2023	433
2024	453
2025	472
2026	490
2027-2031	2,672
Total	4,930
Principal post retirement benefit plan [Member]
Disclosure of expected future benefit payments [Line Items]
2022	20
2023	21
2024	22
2025	23
2026	24
2027-2031	131
Total	241
Other pension and post retirement benefit plans [Member]
Disclosure of expected future benefit payments [Line Items]
2022	144
2023	145
2024	148
2025	150
2026	150
2027-2031	750
Total	$ 1,487

Summary of Disaggregation of Pr

Summary of Disaggregation of Projections Benefit Obligation (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Principal pension plans [member]
Disclosure Of Projection Benefit Obligations [Line Items]
Defined benefit obligation, at present value	$ 8,788	$ 9,668	$ 8,558
Principal post retirement benefit plan [Member]
Disclosure Of Projection Benefit Obligations [Line Items]
Defined benefit obligation, at present value	466	506	620
Other pension and post retirement benefit plans [Member]
Disclosure Of Projection Benefit Obligations [Line Items]
Defined benefit obligation, at present value	2,691	2,967	2,948
Active Members [Member] | Principal pension plans [member]
Disclosure Of Projection Benefit Obligations [Line Items]
Defined benefit obligation, at present value	6,048	6,812	5,925
Active Members [Member] | Principal post retirement benefit plan [Member]
Disclosure Of Projection Benefit Obligations [Line Items]
Defined benefit obligation, at present value	191	209	318
Active Members [Member] | Other pension and post retirement benefit plans [Member]
Disclosure Of Projection Benefit Obligations [Line Items]
Defined benefit obligation, at present value	375	503	494
Deferred Members [Member] | Principal pension plans [member]
Disclosure Of Projection Benefit Obligations [Line Items]
Defined benefit obligation, at present value	596	650	577
Deferred Members [Member] | Other pension and post retirement benefit plans [Member]
Disclosure Of Projection Benefit Obligations [Line Items]
Defined benefit obligation, at present value	497	579	588
Retired Members [Member] | Principal pension plans [member]
Disclosure Of Projection Benefit Obligations [Line Items]
Defined benefit obligation, at present value	2,144	2,206	2,056
Retired Members [Member] | Principal post retirement benefit plan [Member]
Disclosure Of Projection Benefit Obligations [Line Items]
Defined benefit obligation, at present value	275	297	302
Retired Members [Member] | Other pension and post retirement benefit plans [Member]
Disclosure Of Projection Benefit Obligations [Line Items]
Defined benefit obligation, at present value	$ 1,819	$ 1,885	$ 1,866

Summary of Duration of Projecte

Summary of Duration of Projected Benefit Obligation (Details)	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Principal pension plans [member]
Disclosure Of Information About Maturity Profile Of Defined Benefit Obligation [Line Items]
Weighted-average duration	15 years	16 years	16 years
Principal post retirement benefit plan [member]
Disclosure Of Information About Maturity Profile Of Defined Benefit Obligation [Line Items]
Weighted-average duration	14 years	15 years	18 years
Other pension and post retirement benefit plans [member]
Disclosure Of Information About Maturity Profile Of Defined Benefit Obligation [Line Items]
Weighted-average duration	12 years	13 years	13 years

Summary of Sensitivity of Signi

Summary of Sensitivity of Significant Actuarial Assumptions (Details) $ in Millions	Oct. 31, 2021CAD ($)
Principal pension plans [member] | Actuarial assumption of discount rates [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
1 year/percentage decrease in assumption	$ 1,467
1 year/percentage increase in assumption	(1,136)
Principal pension plans [member] | Actuarial assumption of expected rates of salary increases [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
1 year/percentage decrease in assumption	(287)
1 year/percentage increase in assumption	276
Principal pension plans [member] | Actuarial assumption of life expectancy after retirement [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
1 year/percentage decrease in assumption	(176)
1 year/percentage increase in assumption	173
Principal post retirement benefit plan [member] | Actuarial assumption of discount rates [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
1 year/percentage decrease in assumption	69
1 year/percentage increase in assumption	(56)
Principal post retirement benefit plan [member] | Actuarial assumption of expected rates of salary increases [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
1 year/percentage decrease in assumption
1 year/percentage increase in assumption
Principal post retirement benefit plan [member] | Actuarial assumption of life expectancy after retirement [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
1 year/percentage decrease in assumption	(14)
1 year/percentage increase in assumption	14
Principal post retirement benefit plan [member] | Actuarial assumption of medical cost trend rates [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
1 year/percentage decrease in assumption	(11)
1 year/percentage increase in assumption	13
Other pension and post retirement benefit plans [member] | Actuarial assumption of discount rates [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
1 year/percentage decrease in assumption	352
1 year/percentage increase in assumption	(292)
Other pension and post retirement benefit plans [member] | Actuarial assumption of expected rates of salary increases [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
1 year/percentage decrease in assumption
1 year/percentage increase in assumption
Other pension and post retirement benefit plans [member] | Actuarial assumption of life expectancy after retirement [member]
Disclosure of sensitivity analysis for actuarial assumptions [line items]
1 year/percentage decrease in assumption	(89)
1 year/percentage increase in assumption	$ 89

Employee Benefits (Details Narr

Employee Benefits (Details Narrative) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2022	Oct. 31, 2021
Disclosure of defined benefit plans [line items]
Investments of principal pension plans		The principal defined benefit pension plans are expected to each achieve a rate of return that meets or exceeds the change in value of the plan’s respective liabilities over rolling five-year periods. The investments are managed with the primary objective of providing reasonable rates of return, consistent with available market opportunities, economic conditions, consideration of plan liabilities, prudent portfolio management, and the target risk profiles for the plans.
Society and TD Pension Plan [member]
Disclosure of defined benefit plans [line items]
Description of equity portfolio of pension plans		The equity portfolios of the principal defined benefit pension plans are broadly diversified primarily across medium to large capitalization quality companies with no individual holding exceeding 10% of the equity portfolio. Foreign equities are included to further diversify the portfolio.
Percentage of maximum possible fund invested in emerging market equities		10.00%
Principal pension plans [member]
Disclosure of defined benefit plans [line items]
Contributions to plan	$ 465
Principal post retirement benefit plan [Member]
Disclosure of defined benefit plans [line items]
Contributions to plan	20
Other pension and post retirement benefit plans [Member]
Disclosure of defined benefit plans [line items]
Contributions to plan	$ 40

Provision for (Recoveries) (Det

Provision for (Recoveries) (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Current income taxes
Provision for (recovery of) income taxes – Consolidated Statement of Income	$ 3,370	$ 2,287	$ 2,675
Adjustments in respect of prior years and other	(7)	(70)	93
Total current income taxes	3,363	2,217	2,768
Deferred income taxes
Provision for (recovery of) deferred income taxes related to the origination and reversal of temporary differences	332	(1,075)	54
Effect of changes in tax rates	2	(1)	10
Adjustments in respect of prior years and other	(76)	11	(97)
Total deferred income taxes	258	(1,065)	(33)
Provision for income taxes - Consolidated Statement of Income	3,621	1,152	2,735
Provision for (recovery of) income taxes - Statement of Other Comprehensive Income
Current income taxes	916	406	37
Deferred income taxes	(99)	705	1,070
Total income taxes	817	1,111	1,107
Income taxes - other non-income related items including business combinations and other adjustments
Current income taxes	(13)	(30)	(7)
Deferred income taxes	(20)	(194)	(6)
Income Taxes On Other Non-income Related Items Including Business Combinations And Other Adjustments	(33)	(224)	(13)
Total provision for (recovery of) income taxes	4,405	2,039	3,829
Current income taxes
Federal	2,226	1,170	1,256
Provincial	1,548	818	891
Foreign	492	605	651
Current income tax expense benefit	4,266	2,593	2,798
Deferred income taxes
Federal	232	(143)	127
Provincial	160	(96)	87
Foreign	(253)	(315)	817
Total deferred income tax expense (recovery)	139	(554)	1,031
Total provision for (recovery of) income taxes	$ 4,405	$ 2,039	$ 3,829

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Disclosure Of IncomeTax [Line Items]
Additional Income Tax and Interest reassessed	$ 1,253
Temporary differences, unused tax losses and unused tax credits for which no deferred tax asset is recognized	668	$ 669
Amount of temporary differences associated with investments in subsidiaries, branches and associates and interests in joint ventures for which deferred tax liabilities is unrecognized	80,000	81,000
Not Later Than Five Years [Member]
Disclosure Of IncomeTax [Line Items]
Temporary differences, unused tax losses and unused tax credits for which no deferred tax asset is recognized to expire	25	$ 5
Canada Revenue Agency Reassessment [member] | Two thousand fifteen taxation years [member] [Member]
Disclosure Of IncomeTax [Line Items]
Additional Income Tax and Interest reassessed	8
Canada Revenue Agency Reassessment [member] | Two thousand eleven to two thousand fifteen taxation years [member]
Disclosure Of IncomeTax [Line Items]
Additional Income Tax and Interest reassessed	1,032
Canada Revenue Agency Reassessment [member] | Two Thousand and Sixteen Taxation Year [Member]
Disclosure Of IncomeTax [Line Items]
Additional Income Tax and Interest reassessed	154
Revenu Quebec Agency [member] | Two thousand eleven to two thousand fifteen taxation years [member]
Disclosure Of IncomeTax [Line Items]
Additional Income Tax and Interest reassessed	34
Alberta Tax and Revenue Administration Reassessment [member] | Two Thousand Eleven to Two Thousand Fourteen Taxation Years [member]
Disclosure Of IncomeTax [Line Items]
Additional Income Tax and Interest reassessed	$ 33

Summary of Reconciliation to St

Summary of Reconciliation to Statutory Income Tax Rate (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Reconciliation of average effective tax rate and applicable tax rate [abstract]
Income taxes at Canadian statutory income tax rate	$ 4,498	$ 3,141	$ 3,502
Increase (decrease) resulting from:
Dividends received	(120)	(120)	(104)
Rate differentials on international operations	(787)	(1,927)	(728)
Other - net	30	58	65
Provision for income taxes - Consolidated Statement of Income	$ 3,621	$ 1,152	$ 2,735
Income taxes at Canadian statutory income tax rate	26.30%	26.40%	26.50%
Dividends received	(0.70%)	(1.00%)	(0.80%)
Rate differentials on international operations	(4.60%)	(16.20%)	(5.50%)
Other - net	0.10%	0.50%	0.50%
Provision for income taxes and effective income tax rate	21.10%	9.70%	20.70%

Summary of Deferred Tax Assets

Summary of Deferred Tax Assets and Liabilities (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	$ 2,931	$ 3,761
Total deferred tax liabilities	910	1,601
Net deferred tax assets	2,021	2,160
Deferred tax assets	2,265	2,444
Deferred tax liabilities	244	284
Allowance for credit losses [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	1,371	1,705
Trading Loans [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	35	43
Employee Benefits [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	863	834
Pensions [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	0	516
Losses available for carry forward [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	69	96
Tax credits [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	35	133
Land, buildings, equipment, and other depreciable assets [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	146	111
Intangibles [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	182	87
Other deferred tax assets [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax assets	230	236
Securities [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax liabilities	657	1,404
Deferred income expense [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax liabilities	48	73
Goodwill [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax liabilities	130	$ 124
Pennsion Defined Benefit Plans [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Total deferred tax liabilities	$ 75

Summary of Deferred Income Tax

Summary of Deferred Income Tax Expense (Recovery) (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	$ 258	$ (1,065)
Deferred income tax expense (recovery), other comprehensive income	(99)	705
Deferred income tax expense (recovery), business combination and other	(20)	(194)
Total deferred income tax expense (recovery)	139	(554)	$ 1,031
Allowance for credit losses [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	335	(740)
Total deferred income tax expense (recovery)	335	(740)
Trading loans [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	9	7
Total deferred income tax expense (recovery)	9	7
Employee Benefits [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	(46)	(23)
Deferred income tax expense (recovery), other comprehensive income	17	33
Total deferred income tax expense (recovery)	(29)	10
Pensions [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	(26)	(1)
Deferred income tax expense (recovery), other comprehensive income	617	(171)
Total deferred income tax expense (recovery)	591	(172)
Losses available for carry forward [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	27	(1)
Total deferred income tax expense (recovery)	27	(1)
Tax credits [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	98	95
Total deferred income tax expense (recovery)	98	95
Other deferred tax assets [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	25	(148)
Deferred income tax expense (recovery), business combination and other	(20)	0
Total deferred income tax expense (recovery)	5	(148)
Securities [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	(14)	34
Deferred income tax expense (recovery), other comprehensive income	(733)	843
Total deferred income tax expense (recovery)	(747)	877
Land, buildings, equipment, and other depreciable assets [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	(35)	(159)
Deferred income tax expense (recovery), business combination and other	0	(194)
Total deferred income tax expense (recovery)	(35)	(353)
Deferred income expense [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	(25)	(18)
Total deferred income tax expense (recovery)	(25)	(18)
Intangibles [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	(95)	(127)
Total deferred income tax expense (recovery)	(95)	(127)
Goodwill [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred income tax expense (recovery), consolidated statement of income	5	16
Total deferred income tax expense (recovery)	$ 5	$ 16

Summary of Earnings Per Share (

Summary of Earnings Per Share (Details) $ / shares in Units, $ in Millions	12 Months Ended
	Oct. 31, 2021CAD ($)$ / sharesshares	Oct. 31, 2020CAD ($)$ / sharesshares	Oct. 31, 2020$ / shares	Oct. 31, 2019CAD ($)$ / sharesshares
Basic earnings per share
Net income attributable to common shareholders | $	$ 14,049	$ 11,628		$ 11,416
Weighted-average number of common shares outstanding (millions)	1,817,700,000	1,807,300,000		1,824,200,000
Basic earnings per share (Canadian dollars) | $ / shares	$ 7.73	$ 6.43		$ 6.26
Diluted earnings per share
Net income available to common shareholders including impact of dilutive securities | $	$ 14,049	$ 11,628		$ 11,416
Stock options potentially exercisable (millions)	2,500,000	1,500,000		3,100,000
Weighted-average number of common shares outstanding – diluted (millions)	1,820,200,000	1,808,800,000		1,827,300,000
Diluted earnings per share (Canadian dollars) | $ / shares	$ 7.72	$ 6.43		$ 6.25
Average outstanding options excluded from calculation of diluted earnings per share	0	7,500,000		0
Weighted-average exercise price of average outstanding options excluded from the calculation of diluted earnings per share | $ / shares			$ 70.04

Summary of Bank's Provisions (D

Summary of Bank's Provisions (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Disclosure of other provisions [line items]
Beginning Balance	$ 482
Additions	261
Amounts used	(259)
Release of unused amounts	(19)
Foreign currency translation adjustments and other	(17)
Ending balance before allowance for credit losses for off-balance sheet instruments	448
Add: Allowance for credit losses	7,255	$ 9,384	$ 5,036
Balance as at October 31, 2021	1,304
Off balance sheet instruments [member]
Disclosure of other provisions [line items]
Add: Allowance for credit losses	856
Restructuring provision [member]
Disclosure of other provisions [line items]
Beginning Balance	90
Additions	58
Amounts used	(72)
Release of unused amounts	(11)
Foreign currency translation adjustments and other	(8)
Ending balance before allowance for credit losses for off-balance sheet instruments	57
Litigation and other [member]
Disclosure of other provisions [line items]
Beginning Balance	392
Additions	203
Amounts used	(187)
Release of unused amounts	(8)
Foreign currency translation adjustments and other	(9)
Ending balance before allowance for credit losses for off-balance sheet instruments	$ 391

Provisions, Contingent Liabil_3

Provisions, Contingent Liabilities, Commitments, Guarantees, Pledged Assets, and Collateral (Details Narrative) $ in Millions, $ in Billions	12 Months Ended
	Oct. 31, 2021CAD ($)ClassAction	Oct. 31, 2021USD ($)ClassAction	Oct. 31, 2020CAD ($)
Disclosure Of Provisions Contingent Liabilities Commitments Guarantees Pledged Assets And Collateral [Line Items]
Commitment to fund private equity investments	$ 326		$ 290
Credit Card Fees [Member]
Disclosure Of Provisions Contingent Liabilities Commitments Guarantees Pledged Assets And Collateral [Line Items]
Number of proposed class actions | ClassAction	7	7
Number of remaining class actions | ClassAction	5	5
Within 1 year [member] | Premises and equipment under long-term non-cancellable leases [member]
Disclosure Of Provisions Contingent Liabilities Commitments Guarantees Pledged Assets And Collateral [Line Items]
Future minimum operating lease commitments where annual rental is in excess of $100 thousand	$ 35
Over 1 year to 2 years [member] | Premises and equipment under long-term non-cancellable leases [member]
Disclosure Of Provisions Contingent Liabilities Commitments Guarantees Pledged Assets And Collateral [Line Items]
Future minimum operating lease commitments where annual rental is in excess of $100 thousand	45
Over 2 years to 3 years [member] | Premises and equipment under long-term non-cancellable leases [member]
Disclosure Of Provisions Contingent Liabilities Commitments Guarantees Pledged Assets And Collateral [Line Items]
Future minimum operating lease commitments where annual rental is in excess of $100 thousand	110
Over 3 years to 4 years [member] | Premises and equipment under long-term non-cancellable leases [member]
Disclosure Of Provisions Contingent Liabilities Commitments Guarantees Pledged Assets And Collateral [Line Items]
Future minimum operating lease commitments where annual rental is in excess of $100 thousand	233
Over 4 years to 5 years [member] | Premises and equipment under long-term non-cancellable leases [member]
Disclosure Of Provisions Contingent Liabilities Commitments Guarantees Pledged Assets And Collateral [Line Items]
Future minimum operating lease commitments where annual rental is in excess of $100 thousand	345
Over 5 years [member] | Premises and equipment under long-term non-cancellable leases [member]
Disclosure Of Provisions Contingent Liabilities Commitments Guarantees Pledged Assets And Collateral [Line Items]
Future minimum operating lease commitments where annual rental is in excess of $100 thousand	6,115
Litigation and other provision [member] | Collective national settlement [Member]
Disclosure Of Provisions Contingent Liabilities Commitments Guarantees Pledged Assets And Collateral [Line Items]
Payments for legal settlements	$ 120
Litigation and other provision [member] | StanfordLitigation [member]
Disclosure Of Provisions Contingent Liabilities Commitments Guarantees Pledged Assets And Collateral [Line Items]
Amount on Ponzi scheme		$ 7.2
Number of other Plaintiffs	4	4
Litigation and other provision [member] | TD Ameritrade Stockholder Litigation [Member]
Disclosure Of Provisions Contingent Liabilities Commitments Guarantees Pledged Assets And Collateral [Line Items]
Percentage of Stockholders approval for merger	66.67%	66.67%
Bottom of range [member] | Premises and equipment under long-term non-cancellable leases [member]
Disclosure Of Provisions Contingent Liabilities Commitments Guarantees Pledged Assets And Collateral [Line Items]
Operating lease commitments annual payment	$ 746		754
Paid for short-term and low-value asset leases	14		19
Bottom of range [member] | Litigation and other provision [member]
Disclosure Of Provisions Contingent Liabilities Commitments Guarantees Pledged Assets And Collateral [Line Items]
Bank's reasonable possible losses	0		0
Top of range [member] | Litigation and other provision [member]
Disclosure Of Provisions Contingent Liabilities Commitments Guarantees Pledged Assets And Collateral [Line Items]
Bank's reasonable possible losses	$ 1,450		$ 951

Summary of Credit Instruments (

Summary of Credit Instruments (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of credit risk exposure [line items]
Maximum amount of additional credit to be obligated by bank	$ 259,414	$ 264,000
Financial and performance standby letters of credit [member]
Disclosure of credit risk exposure [line items]
Maximum amount of additional credit to be obligated by bank	31,153	30,849
Documentary and commercial letters of credit [member]
Disclosure of credit risk exposure [line items]
Maximum amount of additional credit to be obligated by bank	209	107
Commitments to extend credit [member] | Within 1 year [member]
Disclosure of credit risk exposure [line items]
Maximum amount of additional credit to be obligated by bank	54,563	66,902
Commitments to extend credit [member] | Later than 1 year [member]
Disclosure of credit risk exposure [line items]
Maximum amount of additional credit to be obligated by bank	$ 173,489	$ 166,142

Details of Assets Pledged Again

Details of Assets Pledged Against Liabilities and Collateral Assets Held or Re-pledged (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Sources of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	$ 460,800	$ 467,627
Bank assets [member] | Sources of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Sources of pledged assets and collateral	191,175	221,479
Third-party asset [member] | Sources of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Collateral received and available for sale or repledging	354,873	336,325
Less: Collateral not repledged	(85,248)	(90,177)
Sources of pledged assets and collateral	269,625	246,148
Third-party asset [member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	460,800	467,627
Derivatives [member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	14,864	12,002
Obligations related to securities lent or sold under repurchase agreements [member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	170,314	189,659
Securities borrowing and lending [member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	119,916	104,085
Obligations Related To Securities Sold Short [Member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	34,424	32,770
Securitization [Member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	29,030	32,513
Covered bonds [member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	31,152	41,434
Clearing systems, payment systems, and depositories [member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	9,261	8,976
Foreign governments and central banks [member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	1,010	1,148
Other uses [member] | Uses of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Uses of pledged assets and collateral	50,829	45,040
Cash and due from banks [member] | Bank assets [member] | Sources of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Sources of pledged assets and collateral	223	205
Interest bearing deposits with banks [member] | Bank assets [member] | Sources of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Sources of pledged assets and collateral	6,580	5,328
Loans [member] | Bank assets [member] | Sources of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Sources of pledged assets and collateral	85,698	112,190
Securities [member] | Bank assets [member] | Sources of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Sources of pledged assets and collateral	98,199	103,334
Other assets [member] | Bank assets [member] | Sources of pledged assets and collateral [member]
Disclosure of detailed information about financial instruments [line items]
Sources of pledged assets and collateral	$ 475	$ 422

Details of Assets Pledged Aga_2

Details of Assets Pledged Against Liabilities and Collateral Assets Held or Re-pledged (Parenthetical) (Details) - CAD ($) $ in Billions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of detailed information about financial instruments [abstract]
Assets pledged and that the counterparty can subsequently repledge	$ 48.7	$ 56.3

Related Party Transactions (Det

Related Party Transactions (Details Narrative) $ in Millions, $ in Billions	1 Months Ended		12 Months Ended
	Oct. 31, 2020CAD ($)	Oct. 31, 2020CAD ($)	Oct. 31, 2021CAD ($)	Oct. 31, 2021USD ($)	Oct. 31, 2020CAD ($)	Oct. 31, 2019CAD ($)	Oct. 31, 2021USD ($)
Key management personnel of entity or parent [member]
Disclosure of transactions between related parties [line items]
Amount receivable from related party	$ 449	$ 449	$ 150		$ 449
Symcor [member]
Disclosure of transactions between related parties [line items]
Cash paid to related party			76		78	$ 81
Amount payable to related party	12	12	12		$ 12
Description of ownership interest in related party					one-third ownership
Unsecured loan facility	100	100	100		$ 100
Charles Schwab Corporation [member]
Disclosure of transactions between related parties [line items]
Amount receivable from related party	75	75	26		75
Amount payable to related party	344	344	195		344
Undrawn borrowing facilities	305	305	95		305
Charles Schwab Corporation [member] | Insured Deposit Account Agreement [member]
Disclosure of transactions between related parties [line items]
Cash paid to related party	136		1,600
Average insured deposit	194,000	$ 194,000	$ 186,000		$ 194,000
Banking Service Fee (%)		0.15	0.15	0.15	0.15
Deposits under the Schwab IDA Agreement			$ 176,000				$ 142
Allowable maximum annual adjustment to sweep deposits				$ 10
Charles Schwab Corporation [member] | Insured Deposit Account Agreement [member] | Bottom of range [member]
Disclosure of transactions between related parties [line items]
Allowable maximum annual adjustment to sweep deposits				$ 50
TD Ameritrade Holding Corporation [member] | Insured Deposit Account Agreement [member]
Disclosure of transactions between related parties [line items]
Cash paid to related party					$ 1,900	2,200
Average insured deposit	$ 176,000	$ 176,000			$ 176,000	$ 140,000
Banking Service Fee (%)					0.25	0.25

Summary of Compensation of Key

Summary of Compensation of Key Management Personnel and Directors (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Disclosure of amounts incurred by entity for provision of key management personnel services provided by separate management entities [abstract]
Short-term employee benefits	$ 31	$ 27	$ 33
Post-employment benefits	1	1	2
Share-based payments	39	30	35
Total	$ 71	$ 58	$ 70

Summary of Results by Business

Summary of Results by Business Segment (Details) - CAD ($) $ in Millions		12 Months Ended
		Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Disclosure of operating segments [line items]
Net interest income (loss)		$ 24,131	$ 24,497	$ 23,821
Non-interest income (loss)		18,562	19,149	17,244
Total revenue		42,693	43,646	41,065
Provision for (recovery of) credit losses		(224)	7,242	3,029
Insurance claims and related expenses		2,707	2,886	2,787
Non-interest expenses		23,076	21,604	22,020
Income (loss) before income taxes and share of net income from investment in Schwab and TD Ameritrade		17,134	11,914	13,229
Provision for (recovery of) income taxes		3,621	1,152	2,735
Net income (loss)	[1]	14,298	11,895	11,686
Total assets		1,728,672	1,715,865	1,415,290
Schwab and TD Ameritrade [member]
Disclosure of operating segments [line items]
Share of net income from investment in Schwab and TD Ameritrade		785	1,133	1,192
Canadian Retail [Member]
Disclosure of operating segments [line items]
Net interest income (loss)		11,957	12,061	12,349
Non-interest income (loss)		13,549	12,272	11,877
Total revenue		25,506	24,333	24,226
Provision for (recovery of) credit losses		258	2,746	1,306
Insurance claims and related expenses		2,707	2,886	2,787
Non-interest expenses		11,003	10,441	10,735
Income (loss) before income taxes and share of net income from investment in Schwab and TD Ameritrade		11,538	8,260	9,398
Provision for (recovery of) income taxes		3,057	2,234	2,535
Net income (loss)		8,481	6,026	6,863
Total assets		509,436	472,370	452,163
Canadian Retail [Member] | Schwab and TD Ameritrade [member]
Disclosure of operating segments [line items]
Share of net income from investment in Schwab and TD Ameritrade		0
U.S. Retail [Member]
Disclosure of operating segments [line items]
Net interest income (loss)		8,074	8,834	8,951
Non-interest income (loss)		2,684	2,438	2,840
Total revenue		10,758	11,272	11,791
Provision for (recovery of) credit losses		(250)	2,925	1,082
Insurance claims and related expenses		0
Non-interest expenses		6,417	6,579	6,411
Income (loss) before income taxes and share of net income from investment in Schwab and TD Ameritrade		4,591	1,768	4,298
Provision for (recovery of) income taxes		504	(167)	471
Net income (loss)		4,985	3,026	4,981
Total assets		559,503	566,629	436,086
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		898	1,091	1,154
Wholesale Banking [member]
Disclosure of operating segments [line items]
Net interest income (loss)		2,630	1,990	911
Non-interest income (loss)		2,070	2,968	2,320
Total revenue		4,700	4,958	3,231
Provision for (recovery of) credit losses		(118)	508	44
Insurance claims and related expenses		0
Non-interest expenses		2,709	2,518	2,393
Income (loss) before income taxes and share of net income from investment in Schwab and TD Ameritrade		2,109	1,932	794
Provision for (recovery of) income taxes		539	514	186
Net income (loss)		1,570	1,418	608
Total assets		514,681	512,886	458,420
Wholesale Banking [member] | Schwab and TD Ameritrade [member]
Disclosure of operating segments [line items]
Share of net income from investment in Schwab and TD Ameritrade		0
Corporate [member]
Disclosure of operating segments [line items]
Net interest income (loss)		1,470	1,612	1,610
Non-interest income (loss)		259	1,471	207
Total revenue		1,729	3,083	1,817
Provision for (recovery of) credit losses		(114)	1,063	597
Insurance claims and related expenses		0
Non-interest expenses		2,947	2,066	2,481
Income (loss) before income taxes and share of net income from investment in Schwab and TD Ameritrade		(1,104)	(46)	(1,261)
Provision for (recovery of) income taxes		(479)	(1,429)	(457)
Net income (loss)		(738)	1,425	(766)
Total assets		145,052	163,980	68,621
Corporate [member] | Schwab and TD Ameritrade [member]
Disclosure of operating segments [line items]
Share of net income from investment in Schwab and TD Ameritrade		$ (113)	$ 42	$ 38
[1]	The amounts are net of income tax provisions (recoveries) presented in the following table.

Summary of Results by Geographi

Summary of Results by Geographic Location (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Disclosure of geographical areas [line items]
Total net revenues	$ 42,693	$ 43,646	$ 41,065
Total assets	1,728,672	1,715,865	1,415,290
Canada [member]
Disclosure of geographical areas [line items]
Total net revenues	26,664	24,141	23,681
Total assets	935,856	916,798	769,314
United States [member]
Disclosure of geographical areas [line items]
Total net revenues	14,091	15,213	15,396
Total assets	652,829	679,369	524,397
Other international [member]
Disclosure of geographical areas [line items]
Total net revenues	1,938	4,292	1,988
Total assets	$ 139,987	$ 119,698	$ 121,579

Summary of Interest Income and

Summary of Interest Income and Expense by Basis of Accounting Classification (Details) - CAD ($) $ in Millions		12 Months Ended
		Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2019
Disclosure Of Interest Income Expense [Line Items]
Interest income	[1]	$ 29,581	$ 35,833	$ 41,944
Interest expense		5,450	11,336	$ 18,123
Financial assets amortized cost [member]
Disclosure Of Interest Income Expense [Line Items]
Interest income		25,641	30,933
Interest expense		3,394	6,547
Financial assets at fair value through other comprehensive income [member]
Disclosure Of Interest Income Expense [Line Items]
Interest income		576	1,543
Financial instruments measure at amortized cost and FVOCI [member]
Disclosure Of Interest Income Expense [Line Items]
Interest income		26,217	32,476
Interest expense		3,394	6,547
Financial instruments measured or designated at fair value through profit or loss [member] | Equities designated at fair value through other comprehensive income [member]
Disclosure Of Interest Income Expense [Line Items]
Interest income		3,364	3,357
Interest expense		$ 2,056	$ 4,789
[1]	Includes $26,217 million for the year ended October 31, 2021 (October 31, 2020 – $32,476 million; October 31, 2019 – $34,828 million), which has been calculated based on the effective interest rate method (EIRM).

Summary of Interest Income an_2

Summary of Interest Income and Expense by Basis of Accounting Classification (Details) (Parenthetical) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Analysis of income and expense [abstract]
Interest expenses on lease liabilities	$ 144	$ 153

Summary of Concentration of Cre

Summary of Concentration of Credit Risk (Details) - Credit risk [member] - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Customers' liability under acceptances [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	100.00%	100.00%
Credit risk concentrations	$ 742,672	$ 734,958
Customers' liability under acceptances [member] | Canada [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	70.00%	66.00%
Customers' liability under acceptances [member] | United States [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	29.00%	33.00%
Customers' liability under acceptances [member] | Other international [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	1.00%	1.00%
Credit instruments [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	100.00%	100.00%
Credit risk concentrations	$ 259,414	$ 264,000
Credit instruments [member] | Canada [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	36.00%	37.00%
Credit instruments [member] | United States [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	59.00%	59.00%
Credit instruments [member] | United Kingdom [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	1.00%	1.00%
Credit instruments [member] | Europe - other [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	3.00%	2.00%
Credit instruments [member] | Other international [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	1.00%	1.00%
Derivative financial instruments [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	100.00%	100.00%
Credit risk concentrations	$ 49,929	$ 51,225
Derivative financial instruments [member] | Canada [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	25.00%	24.00%
Derivative financial instruments [member] | United States [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	34.00%	27.00%
Derivative financial instruments [member] | United Kingdom [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	13.00%	22.00%
Derivative financial instruments [member] | Europe - other [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	18.00%	18.00%
Derivative financial instruments [member] | Other international [member]
Disclosure of credit risk exposure [line items]
Percentage of concentration risks	10.00%	9.00%

Summary of Concentration of C_2

Summary of Concentration of Credit Risk (Parenthetical) (Details) - CAD ($) $ in Millions	12 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Disclosure of credit risk exposure [line items]
Commitments to extend credit totalling	$ 326	$ 290
Customers' liability under acceptances [member]
Disclosure of credit risk exposure [line items]
Description of concentration of credit risk	Of the total loans and customers’ liability under acceptances, the only industry segment which equalled or exceeded 5% of the total concentration as at October 31, 2021 was real estate 10% (October 31, 2020 – 10%).
Customers' liability under acceptances [member] | Real estate segment [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	10.00%	10.00%
Credit instruments [member]
Disclosure of credit risk exposure [line items]
Commitment and contingent liability	$ 259,000	$ 264,000
Commitments to extend credit totalling	$ 228,000	$ 233,000
Credit instruments [member] | Financial institutions [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	21.00%	21.00%
Credit instruments [member] | Pipelines oil and gas [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	8.00%	10.00%
Credit instruments [member] | Power and utilities [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	7.00%	8.00%
Credit instruments [member] | Automotive [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	9.00%	9.00%
Credit instruments [member] | Telecommunications cable and media [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	6.00%	6.00%
Credit instruments [member] | Sundry manufacturing and wholesale [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	7.00%	7.00%
Credit instruments [member] | Professional and other services [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	7.00%	6.00%
Derivative financial instruments [member]
Disclosure of credit risk exposure [line items]
Current replacement cost	$ 50,000	$ 51,000
Derivative financial instruments [member] | Financial institutions [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	70.00%	64.00%
Derivative financial instruments [member] | Government sector [member]
Disclosure of credit risk exposure [line items]
Concentration risk percentage	19.00%	24.00%

Summary of Gross Maximum Credit

Summary of Gross Maximum Credit Risk Exposure (Details) - Credit risk [member] - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	$ 1,596,567	$ 1,600,039
Credit exposure	2,174,006	2,184,862
Non trading loans at fair value through profit or loss [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	2,337	3,718
Loans at fair value through other comprehensive income [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	1,602	2,502
Cash and due from banks [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	5,931	6,445
Interest bearing deposits with banks [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	159,962	164,149
Loans [member] | Residential mortgages [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	268,079	251,915
Loans [member] | Consumer installment and other personal [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	188,291	183,440
Loans [member] | Credit Card [Member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	28,933	29,778
Loans [member] | Business and government [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	237,319	252,390
Securities excluding equity securities [member] | Financial assets at fair value through profit or loss, designated upon initial recognition or subsequently, category [member] | Government and government insured securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	2,161	2,069
Securities excluding equity securities [member] | Financial assets at fair value through profit or loss, designated upon initial recognition or subsequently, category [member] | Other debt securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	2,403	2,668
Securities excluding equity securities [member] | Trading securities [member] | Government and government insured securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	42,048	59,037
Securities excluding equity securities [member] | Trading securities [member] | Other debt securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	18,365	18,968
Securities excluding equity securities [member] | Trading securities [member] | Retained interest [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	9	14
Securities excluding equity securities [member] | Financial assets available-for-sale, category [member] | Government and government insured securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	57,780	78,283
Securities excluding equity securities [member] | Financial assets available-for-sale, category [member] | Other debt securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	15,085	19,901
Securities excluding equity securities [member] | Debt securities carried at amortized cost [member | Government and government insured securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	208,559	174,593
Securities excluding equity securities [member] | Debt securities carried at amortized cost [member | Other debt securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	60,380	53,086
Securities excluding equity securities [member] | Non trading loans at fair value through profit or loss [member] | Government and government insured securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	155	388
Securities excluding equity securities [member] | Non trading loans at fair value through profit or loss [member] | Other debt securities [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	6,320	4,114
Securities purchased under reverse repurchase agreements [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	167,284	169,162
Derivatives [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	54,427	54,242
Trading Loans [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	12,405	12,959
Customers' liability under acceptances [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	18,448	14,941
Amounts receivable from brokers dealers and clients [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	32,357	33,951
Other assets [member]
Disclosure of credit risk exposure [line items]
Maximum exposure to credit risk of financial assets	5,927	7,326
Credit instruments [member]
Disclosure of credit risk exposure [line items]
Credit exposure	259,414	264,000
Unconditionally cancellable commitments to extend credit relating to personal lines of credit and credit card lines [member]
Disclosure of credit risk exposure [line items]
Credit exposure	$ 318,025	$ 320,823

Regulatory Capital (Details Nar

Regulatory Capital (Details Narrative) - Basel III [member]	Oct. 31, 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	2.50%
Target Common Equity tier 1 Capital Ratio including Domestic Stability Buffer	10.50%

Summary of Regulatory Capital P

Summary of Regulatory Capital Position (Details) - CAD ($) $ in Millions	Oct. 31, 2021	Oct. 31, 2020
Capital
Common Equity Tier 1 Capital	$ 69,937	$ 62,616
Tier 1 Capital	75,716	69,091
Total Capital	87,987	80,021
Risk-weighted assets used in the calculation of capital ratios	$ 460,270	$ 478,909
Capital and leverage ratios
Common Equity Tier 1 Capital ratio	15.20%	13.10%
Tier 1 Capital ratio	16.50%	14.40%
Total Capital ratio	19.10%	16.70%
Leverage ratio	4.80%	4.50%

List of Directly or Indirectly

List of Directly or Indirectly Held Significant Subsidiaries (Details) $ in Millions	12 Months Ended
	Oct. 31, 2021CAD ($)
North America [Member] | TD Financial International Ltd [Member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Financial International Ltd.
Head or principal office	Hamilton, Bermuda
North America [Member] | Meloche Monnex Inc. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Meloche Monnex Inc.
Head or principal office	Montreal, Québec
Carrying value of shares owned by the Bank	$ 2,354
North America [Member] | Meloche Monnex Inc. [member] | Security National Insurance Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Security National Insurance Company
Head or principal office	Montreal, Québec
North America [Member] | Meloche Monnex Inc. [member] | Primmum Insurance Company [member] | Security National Insurance Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Primmum Insurance Company
Head or principal office	Toronto, Ontario
North America [Member] | Meloche Monnex Inc. [member] | TD Direct Insurance Inc. [member] | Security National Insurance Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Direct Insurance Inc.
Head or principal office	Toronto, Ontario
North America [Member] | Meloche Monnex Inc. [member] | TD General Insurance Company [member] | Security National Insurance Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD General Insurance Company
Head or principal office	Toronto, Ontario
North America [Member] | Meloche Monnex Inc. [member] | TD Home And Auto Insurance Company [member] | Security National Insurance Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Home and Auto Insurance Company
Head or principal office	Toronto, Ontario
North America [Member] | TD Wealth Holdings Canada Limited [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Wealth Holdings Canada Limited
Head or principal office	Toronto, Ontario
Carrying value of shares owned by the Bank	$ 5,085
North America [Member] | TD Asset Management Inc. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Asset Management Inc.
Head or principal office	Toronto, Ontario
North America [Member] | TD Asset Management Inc. [member] | GMI Servicing Inc. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	GMI Servicing Inc.
Head or principal office	Regina, Saskatchewan
North America [Member] | TD Asset Management Inc. [member] | TD Waterhouse Private Investment Counsel Inc. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Waterhouse Private Investment Counsel Inc.
Head or principal office	Toronto, Ontario
North America [Member] | TD Auto Finance (Canada) Inc. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Auto Finance (Canada) Inc.
Head or principal office	Toronto, Ontario
Carrying value of shares owned by the Bank	$ 3,321
North America [Member] | TD Group US Holdings LLC [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Group US Holdings LLC
Head or principal office	Wilmington, Delaware
Carrying value of shares owned by the Bank	$ 68,575
North America [Member] | TD Group US Holdings LLC [member] | Toronto Dominion Holdings (U.S.A.), Inc [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Toronto Dominion Holdings (U.S.A.), Inc.
Head or principal office	New York, New York
North America [Member] | TD Group US Holdings LLC [member] | TD Bank US Holding Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Bank US Holding Company
Head or principal office	Cherry Hill, New Jersey
North America [Member] | TD Group US Holdings LLC [member] | TD Prime Services LLC [Member] | Toronto Dominion Holdings (U.S.A.), Inc [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Prime Services LLC
Head or principal office	New York, New York
North America [Member] | TD Group US Holdings LLC [member] | TD Securities (USA) LLC [Member] | Toronto Dominion Holdings (U.S.A.), Inc [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Securities (USA) LLC
Head or principal office	New York, New York
North America [Member] | TD Group US Holdings LLC [member] | Toronto Dominion Texas LLC [Member] | Toronto Dominion Holdings (U.S.A.), Inc [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Toronto Dominion (Texas) LLC
Head or principal office	New York, New York
North America [Member] | TD Group US Holdings LLC [member] | Toronto Dominion (New York) LLC [member] | Toronto Dominion Holdings (U.S.A.), Inc [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Toronto Dominion (New York) LLC
Head or principal office	New York, New York
North America [Member] | TD Group US Holdings LLC [member] | Toronto Dominion Capital USA Inc [Member] | Toronto Dominion Holdings (U.S.A.), Inc [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Toronto Dominion Capital (U.S.A.), Inc.
Head or principal office	New York, New York
North America [Member] | TD Group US Holdings LLC [member] | Toronto Dominion Investments Inc [Member] | Toronto Dominion Holdings (U.S.A.), Inc [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Toronto Dominion Investments, Inc.
Head or principal office	New York, New York
North America [Member] | TD Group US Holdings LLC [member] | Epoch Investment Partners Inc [Member] | TD Bank US Holding Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Epoch Investment Partners, Inc.
Head or principal office	New York, New York
North America [Member] | TD Group US Holdings LLC [member] | TDAM USA Inc [Member] | TD Bank US Holding Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TDAM USA Inc.
Head or principal office	New York, New York
North America [Member] | TD Group US Holdings LLC [member] | TD Bank USA National Association [Member] | TD Bank US Holding Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Bank USA, National Association
Head or principal office	Cherry Hill, New Jersey
North America [Member] | TD Group US Holdings LLC [member] | TD Bank National Association [Member] | TD Bank US Holding Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Bank, National Association
Head or principal office	Cherry Hill, New Jersey
North America [Member] | TD Group US Holdings LLC [member] | TD Bank National Association [Member] | TD Bank US Holding Company [member] | TD Auto Finance LLC [Member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Auto Finance LLC
Head or principal office	Farmington Hills, Michigan
North America [Member] | TD Group US Holdings LLC [member] | TD Bank National Association [Member] | TD Bank US Holding Company [member] | TD Equipment Finance Inc [Member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Equipment Finance, Inc.
Head or principal office	Cherry Hill, New Jersey
North America [Member] | TD Group US Holdings LLC [member] | TD Bank National Association [Member] | TD Bank US Holding Company [member] | TD Private Client Wealth LLC [Member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Private Client Wealth LLC
Head or principal office	New York, New York
North America [Member] | TD Group US Holdings LLC [member] | TD Bank National Association [Member] | TD Bank US Holding Company [member] | TD Wealth Management Services Inc [Member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Wealth Management Services Inc.
Head or principal office	Mt. Laurel, New Jersey
North America [Member] | TD Investment Services Inc. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Investment Services Inc.
Head or principal office	Toronto, Ontario
Carrying value of shares owned by the Bank	$ 38
North America [Member] | TD Life Insurance Company [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Life Insurance Company
Head or principal office	Toronto, Ontario
Carrying value of shares owned by the Bank	$ 93
North America [Member] | TD Mortgage Corporation [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Mortgage Corporation
Head or principal office	Toronto, Ontario
Carrying value of shares owned by the Bank	$ 11,041
North America [Member] | TD Mortgage Corporation [member] | TD Pacific Mortgage Corporation [Member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Pacific Mortgage Corporation
Head or principal office	Vancouver, British Columbia
North America [Member] | TD Mortgage Corporation [member] | The Canada Trust Company [Member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	The Canada Trust Company
Head or principal office	Toronto, Ontario
North America [Member] | TD Securities Inc. [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Securities Inc.
Head or principal office	Toronto, Ontario
Carrying value of shares owned by the Bank	$ 2,656
North America [Member] | TD Vermillion Holdings Limited [Member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Vermillion Holdings Limited
Carrying value of shares owned by the Bank	$ 27,487
North America [Member] | TD Vermillion Holdings Limited [Member] | TD Financial International Ltd [Member]
Disclosure of subsidiaries [line items]
Head or principal office	Toronto, Ontario
North America [Member] | TD Vermillion Holdings Limited [Member] | TD Reinsurance Barbados Inc [Member] | TD Financial International Ltd [Member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Reinsurance (Barbados) Inc.
Head or principal office	St. James, Barbados
North America [Member] | TD Waterhouse Canada Inc. [Member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Waterhouse Canada Inc.
Head or principal office	Toronto, Ontario
North America [Member] | TD Securities Automated Trading LLC [Member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Securities Automated Trading LLC
Head or principal office	Chicago, Illinois
International [member] | TD Global Finance Unlimited Company [Member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Global Finance Unlimited Company
Head or principal office	Dublin, Ireland
International [member] | TD Bank Europe Limited [Member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Bank Europe Limited
Head or principal office	London, England
International [member] | Toronto Dominion Holdings Limited [Member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Toronto Dominion Holdings (U.K.) Limited
Head or principal office	London, England
International [member] | TD Securities Limited [Member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Securities Limited
Head or principal office	London, England
International [member] | TD Ireland Unlimited Company [Member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Ireland Unlimited Company
Head or principal office	Dublin, Ireland
Carrying value of shares owned by the Bank	$ 1,322
International [member] | TD Securities Japan Co Ltd [Member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	TD Securities (Japan) Co. Ltd.
Head or principal office	Tokyo, Japan
Carrying value of shares owned by the Bank	$ 12
International [member] | Toronto Dominion Australia Limited [Member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Toronto Dominion Australia Limited
Head or principal office	Sydney, Australia
Carrying value of shares owned by the Bank	$ 100
International [member] | Toronto Dominion Investments BV [Member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Toronto Dominion Investments B.V.
Head or principal office	London, England
Carrying value of shares owned by the Bank	$ 1,022
International [member] | Toronto Dominion (South East Asia) Limited [member]
Disclosure of subsidiaries [line items]
Significant subsidiaries	Toronto Dominion (South East Asia) Limited
Head or principal office	Singapore, Singapore
Carrying value of shares owned by the Bank	$ 1,054

List of Directly or Indirectl_2

List of Directly or Indirectly Held Significant Subsidiaries (Parenthetical) (Details) - Toronto-Dominion Bank [member]	12 Months Ended
	Oct. 31, 2021
Disclosure of subsidiaries [line items]
Proportion of ownership interest in subsidiary	100.00%
Proportion of voting rights held in subsidiary	100.00%

Information on Subsidiaries (De

Information on Subsidiaries (Details Narrative) - CAD ($) $ in Billions	Oct. 31, 2021	Oct. 31, 2020
Disclosure of subsidiaries [abstract]
Net assets of subsidiaries subject to regulatory or capital adequacy requirements	$ 90.5	$ 95