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Total Invested Assets and Related Net Investment Income - Narrative (Details)
12 Months Ended
Dec. 31, 2022
CAD ($)
dollarsPerSquareFoot
Dec. 31, 2021
CAD ($)
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Notional amount $ 165,557,000,000 $ 173,735,000,000
Other financial liabilities 1,996,000,000 1,810,000,000
Derivative financial liabilities 2,351,000,000 1,392,000,000
Obligations for securities borrowing 73,000,000 51,000,000
Assets supporting CLOs 3,044,000,000 1,865,000,000
Maximum contractual exposure to credit risk of loans or receivables 159,000,000 104,000,000
Interest expense 445,000,000 327,000,000
Net ineffectiveness on fair value hedges 1,000,000 2,000,000
Fair value $ 160,982,000,000 $ 177,789,000,000
Repurchase agreement interest rate 3.90% 0.35%
Carrying value of securities lent $ 2,725,000,000 $ 2,324,000,000
Forecast    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Reclassification expectation from AOCI to net income 1,000,000 7,000,000
Cash collateral on securities lent    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Cash collateral 215,000,000 51,000,000
Securitized mortgages    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Financial liabilities, at fair value 2,018,000,000 2,043,000,000
Financial liabilities $ 2,158,000,000 2,007,000,000
Bottom of range    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Repurchase agreement maturity period 4 days  
Top of range    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Repurchase agreement maturity period 365 days  
Weighted average    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Repurchase agreement maturity period 110 days  
Discounted cash flow | Investment property    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Expected return period 10 years  
Discounted cash flow | Bottom of range    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Rental growth rate (per annum) 0.00%  
Long-term vacancy rate 2.00%  
Discount rate 5.00%  
Terminal capitalization rate 3.63%  
Discounted cash flow | Top of range    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Rental growth rate (per annum) 3.00%  
Long-term vacancy rate 10.00%  
Discount rate 9.50%  
Terminal capitalization rate 8.00%  
Discounted cash flow | Retail and office properties | Bottom of range    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Estimated rental value (per square foot, per annum) | dollarsPerSquareFoot 12.00  
Discounted cash flow | Retail and office properties | Top of range    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Estimated rental value (per square foot, per annum) | dollarsPerSquareFoot 76.00  
Discounted cash flow | Industrial properties | Bottom of range    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Estimated rental value (per square foot, per annum) | dollarsPerSquareFoot 3.00  
Discounted cash flow | Industrial properties | Top of range    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Estimated rental value (per square foot, per annum) | dollarsPerSquareFoot 21.50  
Measured at fair value    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Derivative financial liabilities $ 2,351,000,000 1,392,000,000
Level 3    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Financial liabilities, at fair value 1,890,000,000 1,865,000,000
Financial assets | Level 3    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Notional amount $ 7,169,000,000 12,268,000,000
Loans | Level 3    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Risk-adjusted spreads 10 years  
Collateralized Loan Obligations    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Interest expense $ 71,000,000 11,000,000
Mortgages | Level 3    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Risk-adjusted spreads 20 years  
Securitized mortgages    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Notional amount $ 1,926,000,000 1,856,000,000
Fair value 1,793,000,000 1,882,000,000
Securities in Principal Reinvestment Account    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Notional amount 244,000,000 164,000,000
Cash and cash equivalents in Principal Reinvestment Account    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Notional amount 0 4,000,000
Transferred assets    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Fair value 2,725,000,000 2,324,000,000
Securities lending    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Carrying value of securities lent 2,202,000,000 2,257,000,000
Collateral associated with securities lending    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Carrying value of securities lent 2,322,000,000 2,372,000,000
Fair value through profit or loss | Financial assets | Level 2    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Notional amount 44,681,000,000 43,488,000,000
Cash and Accounts Receivable    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Assets supporting CLOs 292,000,000 319,000,000
Loans    
Disclosure Of Fair Value Measurement of Assets and Liabilities [Line Items]    
Assets supporting CLOs $ 2,752,000,000 $ 1,546,000,000