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Other (expense) income | 12 Months Ended
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Dec. 31, 2022
Analysis of income and expense [abstract] |
Other (expense) income |
Note 9 | Other (expense) income
FOR THE YEAR ENDED DECEMBER 31 | NOTE | 2022 | 2021
Net mark-to-market (losses) gains on derivatives used to economically hedge equity settled share-based compensation plans |  |  | (53) |  | 278 |
Equity losses from investments in associates and joint ventures |  | 20 |  |
| Loss on investment |  |  | (42) |  | (49) |
| Operations |  |  | (19) |  | (46) |
Losses on retirements and disposals of property, plant and equipment and intangible assets |  |  | (27) |  | (24) |
Gains (losses) on investments |  | 16 | 24 |  | (6) |
Early debt redemption costs |  | 25 | (18) |  | (53) |
Other |  |  | 20 |  | 60 |
Total other (expense) income |  |  | (115) |  | 160 |
Equity losses from investments in associates and joint ventures |
We recorded a loss on investment of $42 million and $49 million in 2022 and 2021, respectively, related to equity losses on our share of an obligation to repurchase at fair value the minority interest in one of BCE’s joint ventures. The obligation is marked to market each reporting period and the gain or loss on investment is recorded as equity gains or losses from investments in associates and joint ventures.
Gains (losses) on investments |
In 2022, we completed the previously announced sale of our wholly-owned subsidiary 6362222 Canada Inc. (Createch) and recorded a gain on sale of $39 million. See Note 16, Assets held for sale, for additional details. Additionally, in 2022, we recorded a loss on investment of $13 million related to an obligation to repurchase at fair value the minority interest in one of our subsidiaries.

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