XML 166 R137.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Risk Management - Summary of Credit Default Swap Protection Sold (Detail) - CAD ($) | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022
Disclosure of information about credit exposures designated as measured at fair value through profit or loss [Line Items] |  |
Notional amount | $ 440,077,000,000 | $ 395,957,000,000
Credit default swaps [Member] |  |
Disclosure of information about credit exposures designated as measured at fair value through profit or loss [Line Items] |  |
Notional amount | 131,000,000 | 159,000,000
Fair value | $ 3,000,000 | $ 4,000,000
Weighted average maturity (in years) | 3 years | 4 years
Credit default swaps [Member] | AA [Member] |  |
Disclosure of information about credit exposures designated as measured at fair value through profit or loss [Line Items] |  |
Notional amount | $ 23,000,000 |
Fair value | $ 1,000,000 |
Weighted average maturity (in years) | 4 years |
Credit default swaps [Member] | A [Member] |  |
Disclosure of information about credit exposures designated as measured at fair value through profit or loss [Line Items] |  |
Notional amount | $ 94,000,000 | $ 133,000,000
Fair value | $ 2,000,000 | $ 4,000,000
Weighted average maturity (in years) | 3 years | 4 years
Credit default swaps [Member] | BBB [Member] |  |
Disclosure of information about credit exposures designated as measured at fair value through profit or loss [Line Items] |  |
Notional amount | $ 14,000,000 | $ 26,000,000
Fair value | $ 0 |
Weighted average maturity (in years) | 1 year | 1 year
Credit default swaps [Member] | Single name CDSs [Member] |  |
Disclosure of information about credit exposures designated as measured at fair value through profit or loss [Line Items] |  |
Notional amount | $ 131,000,000 | $ 159,000,000
Fair value | $ 3,000,000 | $ 4,000,000
Weighted average maturity (in years) | 3 years | 4 years

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_DisclosureOfInformationAboutCreditExposuresDesignatedAsMeasuredAtFairValueThroughProfitOrLossLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The fair value of financial assets. [Refer: At fair value [member]; Financial assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 25 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_25&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_FinancialAssetsAtFairValue
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The nominal or face amount of a financial instrument, used to calculate payments made on that instrument. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 112 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_112_c&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_NotionalAmount
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Weighted average maturity term. + References No definition available. + Details
Name: | mfc_WeightedAverageMaturityTerm
Namespace Prefix: | mfc_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ifrs-full_ClassesOfFinancialInstrumentsAxis=mfc_CreditDefaultSwapsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ExternalCreditGradesAxis=mfc_AACreditGradesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ExternalCreditGradesAxis=mfc_ACreditGradesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ExternalCreditGradesAxis=mfc_BBBCreditGradesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ExternalCreditGradesAxis=mfc_CDSCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |