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Consolidated statement of changes in equity - CAD ($)
$ in Millions
Total
Issue of preferred shares and limited recourse capital notes (LRCNs) [member]
Common shares [member]
Additional paid-in capital [member]
Retained earnings [member]
Retained earnings [member]
IFRS 17 [member]
Retained earnings [member]
Issue of preferred shares and limited recourse capital notes (LRCNs) [member]
Retained earnings [member]
Common shares [member]
AOCI, net of tax [member]
AOCI, net of tax [member]
Net foreign currency translation adjustments [member]
AOCI, net of tax [member]
Net gains (losses) on cash flow hedges [member]
AOCI, net of tax [member]
Reserve of remeasurements of defined benefit plans [member]
AOCI, net of tax [member]
Reserve of change in fair value of financial liability attributable to change in credit risk of liability [member]
AOCI, net of tax [member]
Reserve of equity securities designated at fair value of other comprehensive income [member]
AOCI, net of tax [member]
Financial assets at fair value through OCI [member]
Non-controlling interests [member]
Balance at beginning of year (Previously stated [member]) at Oct. 31, 2022 [1]         $ 28,823                      
Balance at beginning of year (Impact of adopting IFRS [member]) at Oct. 31, 2022 [1]           $ (56)                    
Balance at beginning of year at Oct. 31, 2022 [1]   $ 4,923 $ 14,726 $ 115 28,767         $ 1,811 $ (662) $ 832 $ 234 $ (5) $ (616) $ 201
Net income attributable to equity shareholders [1] $ 5,001       5,001                      
Net income attributable to non-controlling interests [1] 38                             38
Net gains (losses) on equity securities designated at FVOCI [1]                           19    
Net change in debt securities measured at FVOCI [1]                             209  
Net change in foreign currency translation adjustments [1]                   351            
Net change in cash flow hedges [1] (364)                   (364)          
Net change in post-employment defined benefit plans [1] (240)                     (240)        
Net change attributable to changes in credit risk [1] (106)                       (106)      
Dividends and distributions   (140) (3,149)       $ (267) [1] $ (3,149) [1]               (8) [1]
Issue of equity [1]     1,358                          
Compensation expense arising from equity-settled share-based awards [1]       13                        
Exercise of stock options and settlement of other equity-settled share-based awards [1]       (20)                        
Treasury shares [1]   2 (2)                          
Other [1]       1                       1
Balance at end of year at Oct. 31, 2023 [1] 53,163 4,925 16,082 109 30,352       $ 1,463 2,162 (1,026) 592 128 14 (407) 232
Net income attributable to equity shareholders 7,115       7,115                      
Net income attributable to non-controlling interests 39                             39
Net gains (losses) on equity securities designated at FVOCI                           (13)    
Net change in debt securities measured at FVOCI                             100  
Net change in foreign currency translation adjustments                   14            
Net change in cash flow hedges 1,535                   1,535          
Net change in post-employment defined benefit plans 250                     250        
Net change attributable to changes in credit risk (216)                       (216)      
Dividends and distributions   (143) (3,382)       $ (263) $ (3,382)               (8)
Premium on purchase of common shares for cancellation         (329)                      
Realized (gains) losses on equity securities designated at FVOCI reclassified to retained earnings         (15)                 15    
Issue of equity   1,000 1,019                          
Compensation expense arising from equity-settled share-based awards       16                        
Purchase of common shares for cancellation, Amount     (90)                          
Exercise of stock options and settlement of other equity-settled share-based awards       (9)                        
Treasury shares   (4)                            
Redemption of preferred shares   (975)                            
Other       43 (7)                     9
Balance at end of year at Oct. 31, 2024 $ 59,007 $ 4,946 $ 17,011 $ 159 $ 33,471       $ 3,148 $ 2,176 $ 509 $ 842 $ (88) $ 16 $ (307) $ 272
[1] Certain comparative amounts have been restated to reflect the adoption of IFRS 17 in the first quarter of 2024. See Note 1 to the consolidated financial statements for additional details.