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Derivative and Hedging Instruments - Summary of Recognized Gains Losses on Derivatives and Hedged Items in Fair Value Hedges in Investment Income (Detail) - Fair value hedges [Member] - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Disclosure of detailed information about hedges [Line Items]    
Gains (losses) recognized on derivatives $ 2 $ 7
Gains (losses) recognized for hedged items 1 (4)
Ineffectiveness recognized in investment income 3 3
Interest rate swaps [Member] | Fixed rate liabilities [Member]    
Disclosure of detailed information about hedges [Line Items]    
Gains (losses) recognized on derivatives 4 8
Gains (losses) recognized for hedged items (2) (6)
Ineffectiveness recognized in investment income 2 2
Foreign currency swaps [Member] | Fixed rate assets [Member]    
Disclosure of detailed information about hedges [Line Items]    
Gains (losses) recognized on derivatives (2) (1)
Gains (losses) recognized for hedged items 3 2
Ineffectiveness recognized in investment income $ 1 $ 1