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Total Invested Assets and Related Net Investment Income - Reconciliation of Assets and Liabilities Categorized in Level 3 (Details) - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Changes in fair value measurement, assets [abstract]    
Beginning balance $ 157,035 $ 174,499
Ending balance 162,948 157,035
Gains (losses) included in earnings relating to instruments still held at the reporting date   (26,582)
Fair value changes on investment properties 486 (667)
Amortization of leasing commissions and tenant inducements 34 42
Recurring fair value measurement | Level 3    
Changes in fair value measurement, assets [abstract]    
Beginning balance 18,975 26,013
Included in net income (571) (2,191)
Included in OCI 4 (12)
Purchases / Issuances 2,231 4,770
Sales / Payments (1,051) (1,273)
Settlements (20) (49)
Transfers into Level 3 390 39
Transfers (out) of Level 3 (918) (8,695)
Foreign currency translation (76) 373
Ending balance 18,964 18,975
Gains (losses) included in earnings relating to instruments still held at the reporting date (592) (2,240)
Recurring fair value measurement | Level 3 | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance 18,975  
Ending balance   18,975
Recurring fair value measurement | Level 3 | Other financial invested assets    
Changes in fair value measurement, assets [abstract]    
Beginning balance 5,555 3,650
Included in net income (169) 334
Included in OCI 0 0
Purchases / Issuances 984 1,843
Sales / Payments (261) (313)
Settlements 0 (47)
Transfers into Level 3 0 0
Transfers (out) of Level 3 0 0
Foreign currency translation (35) 88
Ending balance 6,074 5,555
Gains (losses) included in earnings relating to instruments still held at the reporting date (170) 295
Recurring fair value measurement | Level 3 | Other financial invested assets | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance 5,555  
Ending balance   5,555
Recurring fair value measurement | Level 3 | Investment properties    
Changes in fair value measurement, assets [abstract]    
Beginning balance 10,102 9,109
Included in net income (520) 625
Included in OCI 0 0
Purchases / Issuances 391 664
Sales / Payments (220) (430)
Settlements 0 0
Transfers into Level 3 0 0
Transfers (out) of Level 3 0 0
Foreign currency translation (30) 134
Ending balance 9,723 10,102
Gains (losses) included in earnings relating to instruments still held at the reporting date (522) 612
Recurring fair value measurement | Level 3 | Investment properties | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance 10,102  
Ending balance   10,102
Recurring fair value measurement | Level 3 | Total invested assets measured at fair value    
Changes in fair value measurement, assets [abstract]    
Beginning balance 18,344 25,402
Included in net income (556) (2,159)
Included in OCI 4 (12)
Purchases / Issuances 2,058 4,692
Sales / Payments (607) (1,267)
Settlements (19) (48)
Transfers into Level 3 390 39
Transfers (out) of Level 3 (918) (8,695)
Foreign currency translation (73) 392
Ending balance 18,623 18,344
Gains (losses) included in earnings relating to instruments still held at the reporting date (574) (2,220)
Recurring fair value measurement | Level 3 | Total invested assets measured at fair value | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance 18,344  
Ending balance   18,344
Recurring fair value measurement | Level 3 | Investments for account of segregated fund holders    
Changes in fair value measurement, assets [abstract]    
Beginning balance 631 611
Included in net income (15) (32)
Included in OCI 0 0
Purchases / Issuances 173 78
Sales / Payments (444) (6)
Settlements (1) (1)
Transfers into Level 3 0 0
Transfers (out) of Level 3 0 0
Foreign currency translation (3) (19)
Ending balance 341 631
Gains (losses) included in earnings relating to instruments still held at the reporting date (18) (20)
Recurring fair value measurement | Level 3 | Investments for account of segregated fund holders | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance 631  
Ending balance   631
FVTPL | Recurring fair value measurement | Level 3 | Debt securities    
Changes in fair value measurement, assets [abstract]    
Beginning balance 394 152
Included in net income 9 (23)
Included in OCI 0 0
Purchases / Issuances 211 310
Sales / Payments (8) 0
Settlements (6) (1)
Transfers into Level 3 8 0
Transfers (out) of Level 3 (200) (49)
Foreign currency translation (6) 5
Ending balance 402 394
Gains (losses) included in earnings relating to instruments still held at the reporting date 5 (23)
FVTPL | Recurring fair value measurement | Level 3 | Debt securities | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance 394  
Ending balance   394
FVTPL | Recurring fair value measurement | Level 3 | Equity securities    
Changes in fair value measurement, assets [abstract]    
Beginning balance 101 170
Included in net income 13 5
Included in OCI 0 0
Purchases / Issuances 18 7
Sales / Payments (19) (16)
Settlements 0 0
Transfers into Level 3 0 0
Transfers (out) of Level 3 0 0
Foreign currency translation 0 5
Ending balance 113 101
Gains (losses) included in earnings relating to instruments still held at the reporting date 9 0
FVTPL | Recurring fair value measurement | Level 3 | Equity securities | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance 171  
Ending balance   171
FVTPL | Recurring fair value measurement | Level 3 | Mortgages and loans    
Changes in fair value measurement, assets [abstract]    
Beginning balance 2,054 12,251
Included in net income 119 (3,086)
Included in OCI 0 0
Purchases / Issuances 293 1,782
Sales / Payments (75) (506)
Settlements (7) 0
Transfers into Level 3 382 25
Transfers (out) of Level 3 (710) (8,572)
Foreign currency translation 0 160
Ending balance 2,056 2,054
Gains (losses) included in earnings relating to instruments still held at the reporting date 112 (3,089)
FVTPL | Recurring fair value measurement | Level 3 | Mortgages and loans | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance 2,054  
Ending balance   2,054
FVOCI | Recurring fair value measurement | Level 3 | Debt securities    
Changes in fair value measurement, assets [abstract]    
Beginning balance 52 53
Included in net income 0 1
Included in OCI 3 (12)
Purchases / Issuances 153 86
Sales / Payments (6) (2)
Settlements (6) 0
Transfers into Level 3 0 0
Transfers (out) of Level 3 (8) (74)
Foreign currency translation (1) 0
Ending balance 187 52
Gains (losses) included in earnings relating to instruments still held at the reporting date 0 0
FVOCI | Recurring fair value measurement | Level 3 | Debt securities | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance 52  
Ending balance   52
FVOCI | Recurring fair value measurement | Level 3 | Equity securities    
Changes in fair value measurement, assets [abstract]    
Beginning balance 70  
Included in net income 0  
Included in OCI 0  
Purchases / Issuances 0  
Sales / Payments (1)  
Settlements 0  
Transfers into Level 3 0  
Transfers (out) of Level 3 0  
Foreign currency translation (1)  
Ending balance 68 70
Gains (losses) included in earnings relating to instruments still held at the reporting date 0  
FVOCI | Recurring fair value measurement | Level 3 | Mortgages and loans    
Changes in fair value measurement, assets [abstract]    
Beginning balance 16 17
Included in net income (8) (15)
Included in OCI 1 0
Purchases / Issuances 8 0
Sales / Payments (17) 0
Settlements 0 0
Transfers into Level 3 0 14
Transfers (out) of Level 3 0 0
Foreign currency translation 0 0
Ending balance 0 16
Gains (losses) included in earnings relating to instruments still held at the reporting date (8) (15)
FVOCI | Recurring fair value measurement | Level 3 | Mortgages and loans | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance $ 16  
Ending balance   $ 16