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Segregated Funds - Changes in Insurance Contracts and Investment Contracts for Account of Segregated Fund Holders (Details) - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Insurance Contracts And Investment Contracts For Account Of Segregated Fund Holders [Roll Forward]    
Balance as at January 1 $ 125,921  
Deductions from segregated funds:    
Balance as at December 31 139,996 $ 125,921
Investments and insurance contracts for account of segregated fund holders    
Insurance Contracts And Investment Contracts For Account Of Segregated Fund Holders [Roll Forward]    
Balance as at January 1 125,921 116,973
Additions to segregated funds:    
Deposits 13,509 12,880
Net transfer (to) from general funds (351) (1,825)
Net realized and unrealized gains (losses) 9,516 5,643
Other investment income 6,558 4,275
Total additions 29,232 20,973
Deductions from segregated funds:    
Payments to policyholders and their beneficiaries 12,966 10,618
Management fees 1,276 1,126
Taxes and other expenses 435 396
Foreign exchange rate movements 480 (115)
Total deductions 15,157 12,025
Increase (decrease) in insurance and investment contract liabilities 14,075 8,948
Balance as at December 31 $ 139,996 $ 125,921