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Invested Assets and Investment Income - Schedule of Carrying Values and Fair Values of Invested Assets (Detail) - CAD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Disclosure of fair value measurement of assets [Line Items]      
Cash and short-term securities $ 22,594 $ 26,167 $ 20,300
Debt securities 224,139 218,724  
Public equities 28,067 23,722  
Mortgages 52,014 50,207  
Private placements 42,842 40,756  
Policy loans 6,397 6,398  
Loans to bank clients 2,506 1,976  
Real estate 13,233 12,832  
Total invested assets 427,098 410,977  
Other invested assets 35,306 30,195  
FVTPL [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Cash and short-term securities 2,214 2,079  
Debt securities 133,763 128,297  
Public equities 25,716 22,071  
Total invested assets 238,809 223,539  
AFS [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Cash and short-term securities 14,339 18,314  
Debt securities 7,332 6,566  
Public equities 2,351 1,651  
Total invested assets 49,876 55,716  
Other invested assets [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Cash and short-term securities 6,041 5,774  
Mortgages 52,014 50,207  
Private placements 42,842 40,756  
Policy loans 6,397 6,398  
Loans to bank clients 2,506 1,976  
Total invested assets 138,413 131,722  
Fair value [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Cash and short-term securities 22,594 26,167  
Public equities 28,067 23,722  
Mortgages 54,089 54,230  
Private placements 47,276 47,890  
Policy loans 6,397 6,398  
Loans to bank clients 2,503 1,982  
Total invested assets 435,475 424,164  
Canadian government and agency [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 22,670 25,215  
Canadian government and agency [Member] | FVTPL [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 18,706 20,667  
Canadian government and agency [Member] | AFS [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 3,964 4,548  
Canadian government and agency [Member] | Fair value [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 22,670 25,215  
U.S. government and agency [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 32,251 31,236  
U.S. government and agency [Member] | FVTPL [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 12,607 11,449  
U.S. government and agency [Member] | AFS [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 18,792 19,787  
U.S. government and agency [Member] | Other invested assets [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 852    
U.S. government and agency [Member] | Fair value [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 32,254 31,236  
Other government and agency [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 24,759 24,345  
Other government and agency [Member] | FVTPL [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 21,888 19,732  
Other government and agency [Member] | AFS [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 2,871 4,613  
Other government and agency [Member] | Fair value [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 24,759 24,345  
Corporate [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 141,563 134,863  
Corporate [Member] | FVTPL [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 133,763 128,297  
Corporate [Member] | AFS [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 7,332 6,566  
Corporate [Member] | Other invested assets [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 468    
Corporate [Member] | Fair value [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 141,560 134,863  
Mortgage/asset-backed securities [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 2,896 3,065  
Mortgage/asset-backed securities [Member] | FVTPL [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 2,758 2,916  
Mortgage/asset-backed securities [Member] | AFS [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 138 149  
Mortgage/asset-backed securities [Member] | Fair value [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Debt securities 2,896 3,065  
Real estate own use property [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Real estate 1,812 1,850  
Real estate own use property [Member] | Other invested assets [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Real estate 1,812 1,850  
Real estate own use property [Member] | Fair value [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Real estate 3,024 3,017  
Investment property [member]      
Disclosure of fair value measurement of assets [Line Items]      
Real estate 11,421 10,982  
Investment property [member] | Other invested assets [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Real estate 11,421 10,982  
Investment property [member] | Fair value [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Real estate 11,421 10,982  
Alternative long-duration assets [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Other invested assets 31,204 26,172  
Alternative long-duration assets [Member] | FVTPL [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Other invested assets 21,022 16,183  
Alternative long-duration assets [Member] | AFS [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Other invested assets 89 88  
Alternative long-duration assets [Member] | Other invested assets [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Other invested assets 10,093 9,901  
Alternative long-duration assets [Member] | Fair value [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Other invested assets 31,863 27,029  
Various other [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Other invested assets 4,102 4,023  
Various other [Member] | FVTPL [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Other invested assets 135 145  
Various other [Member] | Other invested assets [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Other invested assets 3,967 3,878  
Various other [Member] | Fair value [Member]      
Disclosure of fair value measurement of assets [Line Items]      
Other invested assets $ 4,102 $ 4,023