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Other Assets
12 Months Ended
Oct. 31, 2025
Text Block [Abstract]  
Other Assets
Note 11: Other Assets
The components of other within other assets are as follows:
 
(Canadian $ in millions)   
2025
     2024  
Accounts receivable, prepaid expenses and other items
  
$
4,563
 
   $ 3,832  
Accrued interest receivable
  
 
4,478
 
     4,463  
Bank owned life insurance policies
  
 
6,514
 
     6,350  
Leased vehicles, net of accumulated amortization
  
 
25
 
     67  
Cash collateral
  
 
11,149
 
     9,419  
Investments in associates and joint ventures
  
 
1,786
 
     1,727  
Insurance-related assets
(1)
  
 
6,583
 
     5,748  
Other employee future benefits assets
(Note 21)
  
 
87
 
     44  
Pension asset
(Note 21)
  
 
1,316
 
     1,252  
Precious metals
(2)
  
 
6,383
 
     9,485  
Total
  
$
  42,884
 
   $   42,387  
 
  (1)
Includes $1,355 million of investment properties ($1,363 million as at October 31, 2024) carried at fair value. These investment properties support our insurance contract liabilities. The fair value is determined by external independent property valuers and categorized as Level 3 (refer to Note 17 for further information on fair value levels) using models with unobservable market inputs.
  (2)
Precious metals are recorded at fair value based on quoted prices in active markets. Changes in fair value are recorded in our Consolidated Statement of Income in
non-interest
revenue, trading revenues.
Investments in Associates and Joint Ventures
Investments in associates and joint ventures are accounted for using the equity method of accounting. Investments in associates are those in which we exert significant influence over operating and financing decisions, generally companies in which we own between 20% and 50% of the voting shares. Investments in joint ventures are those in which we have joint control. Our share of the net income or loss, including any impairment losses, is recorded in our Consolidated Statement of Income in
non-interest
revenue, share of profit in associates and joint ventures. Any other comprehensive income amounts are reflected in the relevant sections of our Consolidated Statement of Comprehensive Income.