XML 96 R69.htm IDEA: XBRL DOCUMENT v3.24.0.1
Income taxes - Expected Income Tax Expense at Canadian Statutory Rates Reconciled to Income Tax Expense (Details) - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Tax Disclosure [Abstract]      
Statutory federal and provincial income tax rate (Canada) 26.11% 26.12% 26.12%
Expected income tax (recovery) expense at Canadian enacted statutory tax rates $ (797) $ 1,083 $ 946
(Decrease) increase in taxes resulting from:      
Reversal of outside basis deferred tax (Note 11) (7,832) 0 0
Remeasurement loss of Kansas City Southern 1,873 0 0
Losses (gains) not subject to tax 10 (9) (116)
Canadian tax rate differentials (14) (12) (22)
Foreign tax rate differentials (62) (94) (37)
Effect of tax rate decrease (72) (25) (11)
Deduction for dividends taxed on outside basis (68) (270) 0
Unrecognized tax benefits (10) (24) (2)
Inflation in Mexico (31) 0 0
Valuation allowance 1 0 0
Other 26 (21) 10
Total income tax (recovery) expense $ (6,976) $ 628 $ 768