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Calculation of basic and diluted earnings per common share and the dividend declared by the company on its outstanding common shares (Detail) - CAD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Net income (loss) per common share - basic    
Net income (loss) (millions of Canadian dollars) $ 392 $ (188)
Weighted average number of common shares outstanding (millions of shares) 734.1 738.9
Net income (loss) per common share (dollars) $ 0.53 $ (0.25)
Net income (loss) per common share - diluted    
Net income (loss) (millions of Canadian dollars) $ 392 $ (188)
Weighted average number of common shares outstanding (millions of shares) 734.1 738.9
Effect of employee share-based awards (millions of shares) [1] 1.6 0.0
Weighted average number of common shares outstanding, assuming dilution (millions of shares) 735.7 738.9
Net income (loss) per common share (dollars) $ 0.53 $ (0.25)
Dividends per common share - declared (dollars) $ 0.22 $ 0.22
[1] For three months to March 31, 2020, the Net income (loss) per common share – diluted excludes the effect of 2.0 million employee share-based awards. Share-based awards have the potential to dilute basic earnings per share in the future.