XML 32 R17.htm IDEA: XBRL DOCUMENT v3.21.2
Deposits
 9 Months Ended
Jul. 31, 2021
Text block [abstract]  
Deposits
Note 7.    Deposits
(1)(2)
$ millions, as at
                           
2021
Jul. 31
      2020
Oct. 31		  
     
Payable on
demand
 (3)
     
Payable
after notice
 (4)
     
Payable on a
fixed date
 (5)(6)
     
Total
      Total  
Personal
   
$
15,837
 
   
$
143,613
 
   
$
51,233
 
   
$
    210,683
 
    $ 202,152  
Business and government
(7)(8)
   
 
94,920
 
   
 
82,168
 
   
 
155,886
 
   
 
332,974
 
      311,426  
Bank
   
 
9,208
 
   
 
214
 
   
 
9,286
 
   
 
18,708
 
      17,011  
Secured borrowings
(9)
   
 
–
 
   
 
–
 
   
 
40,604
 
   
 
40,604
 
      40,151  
 
   
$
    119,965
 
   
$
    225,995
 
   
$
    257,009
 
   
$
602,969
 
    $ 570,740  
Comprised of:
                                             
Held at amortized cost
                              
$
584,798
 
    $ 557,321  
Designated at fair value
   
 
 
 
   
 
 
 
   
 
 
 
   
 
18,171
 
      13,419  
 
   
 
 
 
   
 
 
 
   
 
 
 
   
$
602,969
 
    $ 570,740  
Total deposits include
(10)
:
                                             
Non-interest-bearing deposits
                                             
Canada
                              
$
84,679
 
    $ 71,122  
U.S.
                              
 
15,089
 
      13,833  
Other international
                              
 
5,502
 
      5,798  
Interest-bearing deposits
                                             
Canada
                              
 
399,436
 
      389,439  
U.S.
                              
 
72,828
 
      66,399  
Other international
   
 
 
 
   
 
 
 
   
 
 
 
   
 
25,435
 
      24,149  
 
   
 
 
 
   
 
 
 
   
 
 
 
   
$
602,969
 
    $     570,740  
(1)
Includes deposits of $207.7 billion (October 31, 2020: $185.2 billion) denominated in U.S. dollars and deposits of $34 billion (October 31, 2020: $30.2 billion) denominated in other foreign currencies.
(2)
Net of purchased notes of $3.4 billion (October 31, 2020: $3.1 billion).
(3)
Includes all deposits for which we do not have the right to require notice of withdrawal. These deposits are generally chequing accounts.
(4)
Includes all deposits for which we can legally require notice of withdrawal. These deposits are generally savings accounts.
(5)
Includes all deposits that mature on a specified date. These deposits are generally term deposits, guaranteed investment certificates, and similar instruments.
(6)
Includes $30.6
 
billion (October 31, 2020: $19.9
 
billion) of deposits which are subject to the bank recapitalization (bail-in) conversion regulations issued by the Department of Finance Canada. These regulations provide certain statutory powers to the Canada Deposit Insurance Corporation (CDIC), including the ability to convert specified eligible shares and liabilities of CIBC into common shares in the event that CIBC is determined to be non-viable.
(7)
Includes $300 million (October 31, 2020: $303 million) of Notes issued to CIBC Capital Trust.
(8)
Includes structured note liabilities that were sold upon issuance to third-party financial intermediaries, who may resell the notes to retail investors in foreign jurisdictions.
(9)
Comprises liabilities issued by, or as a result of, activities associated with the securitization of residential mortgages, covered bond programme, and consolidated securitization vehicles.
(10)
Classification is based on geographical location of the CIBC office.