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Deposits (Tables)
 12 Months Ended
Oct. 31, 2023
Text Block [Abstract]  
Summary of Deposits and Components
$ millions, as at October 31
   
Payable on
demand
 (3)
     
Payable after
notice
 (4)
     
Payable on a
fixed date
 (5)(6)
     
2023
Total
     
2022
Total
  
Personal
   
$
13,590
 
   
$
126,340
 
   
$
99,105
 
   
$
239,035
 
    $ 232,095  
Business and government
(7)
   
 
98,832
 
   
 
100,599
 
   
 
213,130
 
   
 
412,561
 
      397,188  
Bank
   
 
13,184
 
   
 
33
 
   
 
9,079
 
   
 
22,296
 
      22,523  
Secured borrowings
(8)
   
 
–
 
   
 
–
 
   
 
49,484
 
   
 
49,484
 
      45,766  
 
   
$
    125,606
 
   
$
    226,972
 
   
$
    370,798
 
   
$
    723,376
 
    $     697,572  
Comprises:
               
Held at amortized cost
            
$
687,737
 
    $ 670,770  
Designated at fair value
   
 
 
 
   
 
 
 
   
 
 
 
   
 
35,639
 
      26,802  
 
   
 
 
 
   
 
 
 
   
 
 
 
   
$
723,376
 
    $ 697,572  
Total deposits include:
(9)
               
Non-interest-bearing
deposits
               
Canada
            
$
84,165
 
    $ 93,801  
U.S.
            
 
12,816
 
      17,053  
Other international
            
 
5,821
 
      6,452  
Interest-bearing deposits
               
Canada
            
 
488,490
 
      447,409  
U.S.
            
 
95,109
 
      92,333  
Other international
   
 
 
 
   
 
 
 
   
 
 
 
   
 
36,975
 
      40,524  
 
   
 
 
 
   
 
 
 
   
 
 
 
   
$
723,376
 
    $ 697,572  
 
(1)
Includes deposits of $258.4 billion (2022: $243.3 billion) denominated in U.S. dollars and deposits of $53.6 billion (2022: $53.1 billion) denominated in other foreign currencies.
(2)
Net of purchased notes of $1.6 billion (2022: $3.0 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 $60.8 billion (2022: $55.1 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, 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 $14.6 billion (2022: $10.6 billion) of structured note liabilities that were sold upon issuance to third-party financial intermediaries, who may resell the notes to retail investors in foreign jurisdictions.
(8)
Comprises liabilities issued by or as a result of activities associated with the securitization of residential mortgages, Covered Bond Programme, and consolidated securitization vehicles.
(9)
Classification is based on geographical location of the CIBC office.