v3.22.2.2
Guarantees, commitments, pledged assets and contingencies (Tables)
 12 Months Ended
Oct. 31, 2022
Text Block [Abstract]  
Summary of Maximum Exposure to Credit Losses Related to Guarantees and Commitments Provided to Third Parties The maximum exposure to credit risk relating to a commitment to extend credit is the full amount of the commitment. In both cases, the maximum risk exposure is significantly greater than the amount recognized as a liability in our Consolidated Balance Sheets.
  
  
Maximum exposure
to credit losses
 
 
  
As at    
 
(Millions of Canadian dollars)
  
October 31
2022
 
  
October 31
2021
 
Financial guarantees
  
  
Financial standby letters of credit
   
$
20,291
 
    $ 16,867  
Commitments to extend credit
                  
Backstop liquidity facilities
   
 
45,336
 
      38,405  
Credit enhancements
   
 
2,960
 
      2,537  
Documentary and commercial letters of credit
   
 
318
 
      447  
Other commitments to extend credit
   
 
284,602
 
      248,522  
Other credit-related commitments
                  
Securities lending indemnifications
   
 
90,693
 
      99,797  
Performance guarantees
   
 
7,333
 
      7,195  
Sponsored member guarantees
   
 
1,241
 
      142  
Other
   
 
360
 
      326  
Details of Assets Pledged Against Liabilities and Collateral Assets Held or Re-pledged
Assets pledged against liabilities and collateral assets held or
re-pledged
 
   
       As at      
     
(Millions of Canadian dollars)
   
October 31
2022
     
October 31
2021
  
Sources of pledged assets and collateral
                  
Bank assets
                  
Loans
   
$
97,178
 
    $ 79,282  
Securities
   
 
70,334
 
      66,277  
Other assets
   
 
40,318
 
      25,981  
    
 
207,830
 
      171,540  
Client assets
(1)
                  
Collateral received and available for sale or
re-pledging
   
 
465,484
 
      454,844  
Less: not sold or
re-pledged
   
 
(9,192
) 
      (17,436 ) 
    
 
456,292
 
      437,408  
    
$
664,122
 
    $ 608,948  
Uses of pledged assets and collateral
                  
Securities borrowing and lending
   
$
158,748
 
    $ 154,699  
Obligations related to securities sold short
   
 
45,288
 
      46,151  
Obligations related to securities lent or sold under repurchase agreements
   
 
274,392
 
      263,005  
Securitization
   
 
40,438
 
      39,687  
Covered bonds
   
 
62,905
 
      46,699  
Derivative transactions
   
 
49,556
 
      31,941  
Foreign governments and central banks
   
 
9,503
 
      7,314  
Clearing systems, payment systems and depositories
   
 
8,263
 
      3,809  
Other
   
 
15,029
 
      15,643  
    
$
  664,122
 
    $   608,948  
(1)   Primarily relates to Obligations related to securities lent or sold under repurchase agreements, Securities lent and Derivative transactions.