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Invested Assets and Investment Income - Summary of Fair Values and the Fair Value Hierarchy (Detail) - CAD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Carrying value [Member]    
Disclosure of financial assets [Line Items]    
Carrying value $ 112,233 $ 108,058
Carrying value [Member] | Mortgages [Member]    
Disclosure of financial assets [Line Items]    
Carrying value 50,207 49,376
Carrying value [Member] | Private placements [Member]    
Disclosure of financial assets [Line Items]    
Carrying value 40,756 37,979
Carrying value [Member] | Policy loans [member]    
Disclosure of financial assets [Line Items]    
Carrying value 6,398 6,471
Carrying value [Member] | Loans to Bank clients [Member]    
Disclosure of financial assets [Line Items]    
Carrying value 1,976 1,740
Carrying value [Member] | Real estate own use property [Member]    
Disclosure of financial assets [Line Items]    
Carrying value 1,850 1,926
Carrying value [Member] | Other invested assets [Member]    
Disclosure of financial assets [Line Items]    
Carrying value 11,046 10,566
Fair value [Member]    
Disclosure of financial assets [Line Items]    
Total fair value 125,420 116,027
Fair value [Member] | Mortgages [Member]    
Disclosure of financial assets [Line Items]    
Total fair value 54,230 51,450
Fair value [Member] | Private placements [Member]    
Disclosure of financial assets [Line Items]    
Total fair value 47,890 41,743
Fair value [Member] | Policy loans [member]    
Disclosure of financial assets [Line Items]    
Total fair value 6,398 6,471
Fair value [Member] | Loans to Bank clients [Member]    
Disclosure of financial assets [Line Items]    
Total fair value 1,982 1,742
Fair value [Member] | Real estate own use property [Member]    
Disclosure of financial assets [Line Items]    
Total fair value 3,017 3,275
Fair value [Member] | Other invested assets [Member]    
Disclosure of financial assets [Line Items]    
Total fair value 11,903 11,346
Level 1 [Member]    
Disclosure of financial assets [Line Items]    
Total fair value 128 165
Level 1 [Member] | Other invested assets [Member]    
Disclosure of financial assets [Line Items]    
Total fair value 128 165
Level 2 [Member]    
Disclosure of financial assets [Line Items]    
Total fair value 49,778 44,447
Level 2 [Member] | Private placements [Member]    
Disclosure of financial assets [Line Items]    
Total fair value 41,398 36,234
Level 2 [Member] | Policy loans [member]    
Disclosure of financial assets [Line Items]    
Total fair value 6,398 6,471
Level 2 [Member] | Loans to Bank clients [Member]    
Disclosure of financial assets [Line Items]    
Total fair value 1,982 1,742
Level 3 [Member]    
Disclosure of financial assets [Line Items]    
Total fair value 75,514 71,415
Level 3 [Member] | Mortgages [Member]    
Disclosure of financial assets [Line Items]    
Total fair value 54,230 51,450
Level 3 [Member] | Private placements [Member]    
Disclosure of financial assets [Line Items]    
Total fair value 6,492 5,509
Level 3 [Member] | Real estate own use property [Member]    
Disclosure of financial assets [Line Items]    
Total fair value 3,017 3,275
Level 3 [Member] | Other invested assets [Member]    
Disclosure of financial assets [Line Items]    
Total fair value $ 11,775 $ 11,181