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Total Invested Assets and Related Net Investment Income - Narrative (Details)
12 Months Ended
Dec. 31, 2019
CAD ($)
Dec. 31, 2018
CAD ($)
square_foot
$ / square_foot
Dec. 31, 2017
CAD ($)
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Derivative liabilities   $ 2,295,000,000 $ 1,756,000,000
Net ineffectiveness on fair value hedges   1,000,000 3,000,000
Financial assets   $ 143,061,000,000 $ 137,691,000,000
Repurchase agreement interest rate   1.92% 1.25%
Financial assets, at fair value   $ 144,673,000,000 $ 140,292,000,000
Carrying value of securities lent   1,824,000,000 1,976,000,000
Mortgages and loans      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Financial assets   46,822,000,000 42,805,000,000
Financial assets, at fair value   48,434,000,000 45,406,000,000
Asset-backed securities      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Financial assets   $ 7,366,000,000 5,899,000,000
Mortgages | Level 3      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Risk-adjusted spreads   20 years  
Asset-Backed Securities In Principal Reinvestment Account      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Financial assets   $ 124,000,000 75,000,000
Financial assets | Level 3      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Financial assets   7,704,000,000 6,805,000,000
Securitized mortgages      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Financial assets   1,328,000,000 1,283,000,000
Financial assets, at fair value   1,318,000,000 1,267,000,000
Cash And Cash Equivalents In Principal Reinvestment Account      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Financial assets   0 0
Transferred Assets      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Financial assets, at fair value   1,824,000,000 1,976,000,000
Securities lending      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Carrying value of securities lent   2,217,000,000 1,467,000,000
Collateral associated with securities lending      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Carrying value of securities lent   $ 2,338,000,000 1,546,000,000
Loans | Level 3      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Risk-adjusted spreads   10 years  
Bottom of range      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Repurchase agreement maturity period   7 days  
Top of range      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Repurchase agreement maturity period   365 days  
Weighted average      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Repurchase agreement maturity period   127 days  
Securitized mortgages      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Financial liabilities   $ 1,453,000,000 1,355,000,000
Financial liabilities, at fair value   1,446,000,000 1,346,000,000
Fair value through profit or loss | Asset-backed securities      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Financial assets   4,527,000,000 3,681,000,000
Fair value through profit or loss | Financial assets | Level 2      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Financial assets   40,730,000,000 38,601,000,000
Measured at fair value      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Derivative liabilities   $ 2,295,000,000 $ 1,756,000,000
Discounted cash flow | Bottom of range      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Rental growth rate (per annum)   0.00%  
Long-term vacancy rate   2.00%  
Discount rate   4.00%  
Terminal capitalization rate   4.25%  
Discounted cash flow | Top of range      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Rental growth rate (per annum)   3.00%  
Long-term vacancy rate   10.00%  
Discount rate   10.30%  
Terminal capitalization rate   8.75%  
Discounted cash flow | Retail and office properties | Bottom of range      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Estimated rental value (per square foot, per annum) | square_foot   12  
Discounted cash flow | Retail and office properties | Top of range      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Estimated rental value (per square foot, per annum) | $ / square_foot   76  
Discounted cash flow | Industrial properties | Bottom of range      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Estimated rental value (per square foot, per annum) | $ / square_foot   3,000,000  
Discounted cash flow | Industrial properties | Top of range      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Estimated rental value (per square foot, per annum) | $ / square_foot   11,000,000  
Discounted cash flow | Investment property      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Expected return period   10 years  
Scenario, Forecast      
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]      
Reclassification adjustments on cash flow hedges, before tax $ 2,000,000