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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, 2024
Dec. 31, 2023
Changes in fair value measurement, assets [abstract]    
Beginning balance $ 162,948  
Ending balance 178,698 $ 162,948
Fair value changes on investment properties 383 486
Amortization of leasing commissions and tenant inducements 72 34
Recurring fair value measurement | Level 3    
Changes in fair value measurement, assets [abstract]    
Beginning balance 18,964 18,975
Included in net income (157) (571)
Included in OCI 5 4
Purchases / Issuances 2,254 2,231
Sales / Payments (935) (1,051)
Settlements (109) (20)
Transfers into Level 3 624 390
Transfers (out) of Level 3 (1,058) (918)
Foreign currency translation 307 (76)
Ending balance 19,895 18,964
Gains (losses) included in earnings relating to instruments still held at the reporting date (79) (592)
Recurring fair value measurement | Level 3 | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance 18,964  
Ending balance   18,964
Recurring fair value measurement | Level 3 | Other financial invested assets    
Changes in fair value measurement, assets [abstract]    
Beginning balance 6,074 5,555
Included in net income 251 (169)
Included in OCI 0 0
Purchases / Issuances 825 984
Sales / Payments (389) (261)
Settlements 0 0
Transfers into Level 3 0 0
Transfers (out) of Level 3 (15) 0
Foreign currency translation 134 (35)
Ending balance 6,880 6,074
Gains (losses) included in earnings relating to instruments still held at the reporting date 247 (170)
Recurring fair value measurement | Level 3 | Other financial invested assets | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance 6,074  
Ending balance   6,074
Recurring fair value measurement | Level 3 | Investment properties    
Changes in fair value measurement, assets [abstract]    
Beginning balance 9,723 10,102
Included in net income (455) (520)
Included in OCI 0 0
Purchases / Issuances 146 391
Sales / Payments (255) (220)
Settlements 0 0
Transfers into Level 3 0 0
Transfers (out) of Level 3 0 0
Foreign currency translation 131 (30)
Ending balance 9,290 9,723
Gains (losses) included in earnings relating to instruments still held at the reporting date (369) (522)
Recurring fair value measurement | Level 3 | Investment properties | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance 9,723  
Ending balance   9,723
Recurring fair value measurement | Level 3 | Total invested assets measured at fair value    
Changes in fair value measurement, assets [abstract]    
Beginning balance 18,623 18,344
Included in net income (149) (556)
Included in OCI 5 4
Purchases / Issuances 2,081 2,058
Sales / Payments (873) (607)
Settlements (108) (19)
Transfers into Level 3 624 390
Transfers (out) of Level 3 (1,058) (918)
Foreign currency translation 291 (73)
Ending balance 19,436 18,623
Gains (losses) included in earnings relating to instruments still held at the reporting date (79) (574)
Recurring fair value measurement | Level 3 | Total invested assets measured at fair value | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance 18,623  
Ending balance   18,623
Recurring fair value measurement | Level 3 | Investments for account of segregated fund holders    
Changes in fair value measurement, assets [abstract]    
Beginning balance 341 631
Included in net income (8) (15)
Included in OCI 0 0
Purchases / Issuances 173 173
Sales / Payments (62) (444)
Settlements (1) (1)
Transfers into Level 3 0 0
Transfers (out) of Level 3 0 0
Foreign currency translation 16 (3)
Ending balance 459 341
Gains (losses) included in earnings relating to instruments still held at the reporting date 0 (18)
Recurring fair value measurement | Level 3 | Investments for account of segregated fund holders | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance 341  
Ending balance   341
FVTPL | Recurring fair value measurement | Level 3 | Debt securities    
Changes in fair value measurement, assets [abstract]    
Beginning balance 402 394
Included in net income 2 9
Included in OCI 0 0
Purchases / Issuances 436 211
Sales / Payments (48) (8)
Settlements (37) (6)
Transfers into Level 3 117 8
Transfers (out) of Level 3 (367) (200)
Foreign currency translation 12 (6)
Ending balance 517 402
Gains (losses) included in earnings relating to instruments still held at the reporting date (6) 5
FVTPL | Recurring fair value measurement | Level 3 | Debt securities | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance 402  
Ending balance   402
FVTPL | Recurring fair value measurement | Level 3 | Equity securities    
Changes in fair value measurement, assets [abstract]    
Beginning balance 113 101
Included in net income 20 13
Included in OCI 0 0
Purchases / Issuances 77 18
Sales / Payments (1) (19)
Settlements 0 0
Transfers into Level 3 0 0
Transfers (out) of Level 3 0 0
Foreign currency translation 2 0
Ending balance 211 113
Gains (losses) included in earnings relating to instruments still held at the reporting date 19 9
FVTPL | Recurring fair value measurement | Level 3 | Equity securities | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance 113  
Ending balance   113
FVTPL | Recurring fair value measurement | Level 3 | Mortgages and loans    
Changes in fair value measurement, assets [abstract]    
Beginning balance 2,056 2,054
Included in net income 33 119
Included in OCI 0 0
Purchases / Issuances 240 293
Sales / Payments (133) (75)
Settlements (21) (7)
Transfers into Level 3 439 382
Transfers (out) of Level 3 (320) (710)
Foreign currency translation 6 0
Ending balance 2,300 2,056
Gains (losses) included in earnings relating to instruments still held at the reporting date 30 112
FVTPL | Recurring fair value measurement | Level 3 | Mortgages and loans | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance 2,056  
Ending balance   2,056
FVOCI | Recurring fair value measurement | Level 3 | Debt securities    
Changes in fair value measurement, assets [abstract]    
Beginning balance 187 52
Included in net income 0 0
Included in OCI 5 3
Purchases / Issuances 335 153
Sales / Payments (47) (6)
Settlements (50) (6)
Transfers into Level 3 62 0
Transfers (out) of Level 3 (341) (8)
Foreign currency translation 0 (1)
Ending balance 151 187
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 187  
Ending balance   187
FVOCI | Recurring fair value measurement | Level 3 | Equity securities    
Changes in fair value measurement, assets [abstract]    
Beginning balance 68 70
Included in net income 0 0
Included in OCI 0 0
Purchases / Issuances 0 0
Sales / Payments 0 (1)
Settlements 0 0
Transfers into Level 3 0 0
Transfers (out) of Level 3 0 0
Foreign currency translation 6 (1)
Ending balance 74 68
Gains (losses) included in earnings relating to instruments still held at the reporting date 0 0
FVOCI | Recurring fair value measurement | Level 3 | Equity securities | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance 68  
Ending balance   68
FVOCI | Recurring fair value measurement | Level 3 | Mortgages and loans    
Changes in fair value measurement, assets [abstract]    
Beginning balance 0 16
Included in net income 0 (8)
Included in OCI 0 1
Purchases / Issuances 22 8
Sales / Payments 0 (17)
Settlements 0 0
Transfers into Level 3 6 0
Transfers (out) of Level 3 (15) 0
Foreign currency translation 0 0
Ending balance 13 0
Gains (losses) included in earnings relating to instruments still held at the reporting date 0 (8)
FVOCI | Recurring fair value measurement | Level 3 | Mortgages and loans | Previously stated    
Changes in fair value measurement, assets [abstract]    
Beginning balance $ 0  
Ending balance   $ 0