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Investment and other income (Tables)
 9 Months Ended
Sep. 30, 2016
Gains and Losses on Asset Sales

Investment and other income included gains and losses on asset sales as follows:

 

         Third Quarter      Nine Months    
to September 30		  
 millions of Canadian dollars    2016         2015      2016      2015  

 Proceeds from asset sales

      1,194        28         1,244         118   

 

 Book value of assets sold (a)

      285        (1 )       292         38   

 Gain (loss) on asset sales, before tax (b)

      909           29         952         80   

 Gain (loss) on asset sales, after tax (b)

      774        26         808         65   
(a) Third quarter ended September 30, 2015, included a post close adjustment relating to conventional assets divested in 2014.
(b) Third quarter and nine months ended September 30, 2016, included gains of $0.8 billion ($0.7 billion, after tax) from the sale of company-owned Esso retail sites in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nova Scotia and Newfoundland. The sale and transition of the company’s remaining sites are anticipated to close by year-end 2016 (note 10).