XML 161 R132.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Risk Management - Summary of Reconciliation of Allowance for Loan Losses (Detail) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2023 CAD ($)
Disclosure of credit risk exposure [Line Items] |
Beginning balance | $ 724
Net re-measurement due to transfers | 0
Transfer to stage 1 | 0
Transfer to stage 2 | 0
Transfer to stage 3 | 0
Net originations, purchases and disposals | 30
Repayments | 0
Changes to risk, parameters, and models | 210
Foreign exchange and other adjustments | (35)
Ending balance | 929
Stage 1 [member] |
Disclosure of credit risk exposure [Line Items] |
Beginning balance | 511
Net re-measurement due to transfers | 4
Transfer to stage 1 | 12
Transfer to stage 2 | (6)
Transfer to stage 3 | (2)
Net originations, purchases and disposals | 45
Repayments | 0
Changes to risk, parameters, and models | (71)
Foreign exchange and other adjustments | (7)
Ending balance | 482
Stage 2 [member] |
Disclosure of credit risk exposure [Line Items] |
Beginning balance | 141
Net re-measurement due to transfers | 6
Transfer to stage 1 | (11)
Transfer to stage 2 | 28
Transfer to stage 3 | (11)
Net originations, purchases and disposals | 8
Repayments | 0
Changes to risk, parameters, and models | 48
Foreign exchange and other adjustments | 7
Ending balance | 210
Stage 3 [member] |
Disclosure of credit risk exposure [Line Items] |
Beginning balance | 72
Net re-measurement due to transfers | (10)
Transfer to stage 1 | (1)
Transfer to stage 2 | (22)
Transfer to stage 3 | 13
Net originations, purchases and disposals | (23)
Repayments | 0
Changes to risk, parameters, and models | 233
Foreign exchange and other adjustments | (35)
Ending balance | $ 237

X
- Definition The amount of an allowance account used to record impairments to financial assets due to credit losses. [Refer: Financial assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Note Expired 2023-01-01 -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 16 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2017-en-b&anchor=para_16&doctype=Standard&book=b -URIDate 2023-03-23 + Details
Name: | ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfCreditRiskExposureLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The increase (decrease) in an allowance account for credit losses of financial assets resulting from the net exchange differences arising when the financial statements are translated from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity. [Refer: Allowance account for credit losses of financial assets] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Note Expired 2023-01-01 -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 16 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2017-en-b&anchor=para_16&doctype=Standard&book=b -URIDate 2023-03-23 + Details
Name: | ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesAllowanceAccountForCreditLossesOfFinancialAssets
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The decrease in an allowance account for credit losses of financial assets resulting from the reversal of impairment. [Refer: Allowance account for credit losses of financial assets] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Note Expired 2023-01-01 -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 16 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2017-en-b&anchor=para_16&doctype=Standard&book=b -URIDate 2023-03-23 + Details
Name: | ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | duration

X
- Definition Decrease in allowance for credit losses due to transfer. + References No definition available. + Details
Name: | mfc_DecreaseInAllowanceForCreditLossesDueToTransfer
Namespace Prefix: | mfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Decrease in allowance for credit losses due to transfer to stage one. + References No definition available. + Details
Name: | mfc_DecreaseInAllowanceForCreditLossesDueToTransferToStageOne
Namespace Prefix: | mfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Decrease in allowance for credit losses due to transfer to stage three. + References No definition available. + Details
Name: | mfc_DecreaseInAllowanceForCreditLossesDueToTransferToStageThree
Namespace Prefix: | mfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Decrease in allowance for credit losses due to transfer to stage two. + References No definition available. + Details
Name: | mfc_DecreaseInAllowanceForCreditLossesDueToTransferToStageTwo
Namespace Prefix: | mfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Increase decrease in allowance account for credit losses on financial assets changes to risk parametres and models. + References No definition available. + Details
Name: | mfc_IncreaseDecreaseInAllowanceAccountForCreditLossesOnFinancialAssetsChangesToRiskParametresAndModels
Namespace Prefix: | mfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Increase Decrease In Allowance Account For Credit Losses On Financial Assets Net Of Origination Purchase And Disposals Monetary Duration Credit Increase decrease in allowance account for credit losses on financial assets net of origination purchase and disposals. + References No definition available. + Details
Name: | mfc_IncreaseDecreaseInAllowanceAccountForCreditLossesOnFinancialAssetsNetOfOriginationPurchaseAndDisposals
Namespace Prefix: | mfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | mfc_StageOfCreditExposureAxis=mfc_StageOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | mfc_StageOfCreditExposureAxis=mfc_StageTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | mfc_StageOfCreditExposureAxis=mfc_StageThreeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |