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Consolidated Statements of Earnings (Loss) - CAD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Profit or loss [abstract]      
Product sales $ 49,530 $ 32,854 $ 17,491
Less: royalties (7,232) (2,797) (598)
Revenue 42,298 30,057 16,893
Expenses      
Production 8,712 7,152 6,280
Transportation, blending and feedstock 9,973 6,604 4,498
Depletion, depreciation and amortization 7,353 5,724 6,046
Administration 415 366 391
Share-based compensation 804 514 (82)
Asset retirement obligation accretion 281 185 205
Interest and other financing expense 549 711 756
Risk management activities (35) 36 (7)
Foreign exchange loss (gain) 738 (127) (275)
Gain on acquisitions 0 (478) (217)
Income from North West Redwater Partnership 0 (400) 0
(Gain) loss from investments (196) (141) 171
Total expenses 28,594 20,146 17,766
Earnings (loss) before taxes 13,704 9,911 (873)
Current income tax expense (recovery) 2,906 1,848 (257)
Deferred income tax (recovery) expense (139) 399 (181)
Net earnings (loss) $ 10,937 $ 7,664 $ (435)
Net earnings (loss) per common share      
Basic earnings per share (in CAD per share) $ 9.64 $ 6.49 $ (0.37)
Diluted earnings per share (in CAD per share) $ 9.52 $ 6.46 $ (0.37)