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Changes in Accounting Policies - Key Financial Items Affected (Details) - CAD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Disclosure of voluntary change in accounting policy [line items]      
Invested assets $ 174,328 $ 168,789 $ 185,268
Policy loans     0
Reinsurance contract held assets and Insurance contract assets     6,774
Other assets     157,102
Total assets 333,241 323,608 349,144
Insurance contract liabilities and Reinsurance contract held liabilities     151,406
Investment contract liabilities 11,672 10,728 9,914
Other liabilities     165,618
Total liabilities 309,041 300,721 326,938
Total equity 24,200 22,887 22,206
Total liabilities and equity 333,241 323,608 349,144
Increase (decrease) in financial assets on basis of measurement category, initial application of IFRS 9   0  
Shareholders' equity (23,582) (22,529) (21,957)
Equity in participating account $ 457 268 190
As at January 1, 2022      
Disclosure of voluntary change in accounting policy [line items]      
Invested assets     181,261
Policy loans     3,261
Reinsurance contract held assets and Insurance contract assets     3,683
Other assets     157,165
Total assets     345,370
Insurance contract liabilities and Reinsurance contract held liabilities     147,811
Investment contract liabilities     3,368
Other liabilities     166,118
Total liabilities     317,297
Total equity     28,073
Total liabilities and equity     345,370
Increase (decrease) due to changes in accounting policy required by IFRSs      
Disclosure of voluntary change in accounting policy [line items]      
Shareholders' equity   4,400  
Equity in participating account   1,500  
Increase (decrease) due to changes in accounting policy required by IFRSs | IFRS 9 Adjustments      
Disclosure of voluntary change in accounting policy [line items]      
Invested assets     4,007
Policy loans     0
Reinsurance contract held assets and Insurance contract assets     0
Other assets     0
Total assets     4,007
Insurance contract liabilities and Reinsurance contract held liabilities     0
Investment contract liabilities     0
Other liabilities     0
Total liabilities     0
Total equity     4,007
Total liabilities and equity     4,007
Increase (decrease) due to changes in accounting policy required by IFRSs | IFRS 17 Adjustments      
Disclosure of voluntary change in accounting policy [line items]      
Invested assets     0
Policy loans     (3,261)
Reinsurance contract held assets and Insurance contract assets     3,091
Other assets     (1,156)
Total assets     (1,326)
Insurance contract liabilities and Reinsurance contract held liabilities     3,595
Investment contract liabilities     6,546
Other liabilities     (412)
Total liabilities     9,729
Total equity     (11,055)
Total liabilities and equity     (1,326)
Contractual service margin   9,800  
Increase (decrease) due to changes in accounting policy required by IFRSs | Other      
Disclosure of voluntary change in accounting policy [line items]      
Invested assets     0
Policy loans     0
Reinsurance contract held assets and Insurance contract assets     0
Other assets     1,093
Total assets     1,093
Insurance contract liabilities and Reinsurance contract held liabilities     0
Investment contract liabilities     0
Other liabilities     (88)
Total liabilities     (88)
Total equity     1,181
Total liabilities and equity     $ 1,093
Mortgages and loans      
Disclosure of voluntary change in accounting policy [line items]      
Increase (decrease) in financial assets on basis of measurement category, initial application of IFRS 9   $ 4,025