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Consolidated Statements of Changes in Shareholders' Equity - CAD ($)
shares in Thousands, $ in Millions
Total
Issued capital
Class A Voting Shares
Issued capital
Class B Non-Voting Shares
Retained earnings
FVTOCI investment reserve
Hedging reserve
Equity investment reserve
Shareholders' equity, beginning balance at Dec. 31, 2021 $ 10,532 $ 71 $ 397 $ 8,912 $ 993 $ 161 $ (2)
Number of shares, beginning balance at Dec. 31, 2021   111,153 393,772        
Net income for the year 1,680     1,680      
Other comprehensive income (loss):              
Defined benefit pension plans, net of tax 215     215      
FVTOCI investments, net of tax (302)       (302)    
Derivative instruments accounted for as hedges, net of tax (1,033)         (1,033)  
Share of equity-accounted investments, net of tax 10           10
Other comprehensive loss for the year (1,110)     215 (302) (1,033) 10
Comprehensive (loss) income for the year 570     1,895 (302) (1,033) 10
Reclassification to retained earnings for disposition of FVTOCI investments, net of tax (note 20) 0     19 (19)    
Transactions with shareholders recorded directly in equity:              
Dividends declared (1,010)     (1,010)      
Share class exchange 0            
Share class exchange (in shares)   (1) 1        
Total transactions with shareholders (1,010) $ 0 $ 0 (1,010)      
Total transactions with shareholders (in shares)   (1) 1        
Shareholders' equity, ending balance at Dec. 31, 2022 10,092 $ 71 $ 397 9,816 672 (872) 8
Number of shares, ending balance at Dec. 31, 2022   111,152 393,773        
Net income for the year 849     849      
Other comprehensive income (loss):              
Defined benefit pension plans, net of tax (147)     (147)      
FVTOCI investments, net of tax (322)       (322)    
Derivative instruments accounted for as hedges, net of tax (512)         (512)  
Share of equity-accounted investments, net of tax 2           2
Other comprehensive loss for the year (979)     (147) (322) (512) 2
Comprehensive (loss) income for the year (130)     702 (322) (512) 2
Reclassification to retained earnings for disposition of FVTOCI investments, net of tax (note 20) 0     367 (367)    
Transactions with shareholders recorded directly in equity:              
Dividends declared (1,046)     (1,046)      
Shares issued as settlement of dividends (note 26) 74   $ 74        
Shares issued as consideration (note 3) 1,450   $ 1,450        
Shares issued as consideration (note 3) (in shares)     23,641        
Total transactions with shareholders 478 $ 0 $ 1,524 (1,046)      
Total transactions with shareholders (in shares)   0 25,096        
Shareholders' equity, ending balance at Dec. 31, 2023 $ 10,440 $ 71 $ 1,921 $ 9,839 $ (17) $ (1,384) $ 10
Number of shares, ending balance at Dec. 31, 2023   111,152 418,869        
Transactions with shareholders recorded directly in equity:              
Shares issued as settlement of dividends (note 26) (in shares)     1,455