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Deposits
 9 Months Ended
Jul. 31, 2024
Text Block [Abstract]  
Deposits
Note 7. Deposits
(1)(2)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$ millions, as at
  
  
 
 
  
 
  
  
 
  
2024
Jul. 31
 
  
2023
Oct. 31
 
  
  
Payable on
demand 
(3)
 
 
Payable
after notice 
(4)
 
  
Payable on a
fixed date 
(5)(6)
 
  
Total
 
  
Total
 
Personal
  
$
13,765
 
 
$
129,158
 
  
$
107,308
 
  
$
  250,231
 
  
$
239,035
 
Business and government
(7)
  
 
97,744
 
 
 
107,313
 
  
 
209,121
 
  
 
414,178
 
  
 
412,561
 
Bank
  
 
15,196
 
 
 
307
 
  
 
12,000
 
  
 
27,503
 
  
 
22,296
 
Secured borrowings
(8)
  
 
–
 
 
 
–
 
  
 
51,534
 
  
 
51,534
 
  
 
49,484
 
 
  
$
  126,705
 
 
$
  236,778
 
  
$
  379,963
 
  
$
743,446
 
  
$
723,376
 
Comprises:
  
      
 
      
  
      
  
      
  
      
Held at amortized cost
  
      
 
      
  
      
  
$
705,080
 
  
$
687,737
 
Designated at fair value
  
 
 
 
 
 
 
 
  
 
 
 
  
 
38,366
 
  
 
35,639
 
 
  
 
 
 
 
 
 
 
  
 
 
 
  
$
743,446
 
  
$
723,376
 
Total deposits include
(9)
:
  
      
 
      
  
      
  
      
  
      
Non-interest-bearing deposits
  
      
 
      
  
      
  
      
  
      
Canada
  
      
 
      
  
      
  
$
81,319
 
  
$
84,165
 
U.S.
  
      
 
      
  
      
  
 
11,983
 
  
 
12,816
 
Other international
  
      
 
      
  
      
  
 
5,765
 
  
 
5,821
 
Interest-bearing deposits
  
      
 
      
  
      
  
      
  
      
Canada
  
      
 
      
  
      
  
 
516,785
 
  
 
488,490
 
U.S.
  
      
 
      
  
      
  
 
93,274
 
  
 
95,109
 
Other international
  
 
 
 
 
 
 
 
  
 
 
 
  
 
34,320
 
  
 
36,975
 
 
  
 
 
 
 
 
 
 
  
 
 
 
  
$
743,446
 
  
$
  723,376
 
(1)
Includes deposits of $274.3 billion (October 31, 2023: $258.4 billion) denominated in U.S. dollars and deposits of $48.3 billion (October 31, 2023: $53.6 billion) denominated in other foreign currencies.
(2)
Net of purchased notes of $0.5 billion (October 31, 2023: $1.6 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 $60.5 billion (October 31, 2023: $60.8 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 $14.6 billion (October 31, 2023: $14.6 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.