Intangible Assets

12 Months Ended

Dec. 31, 2024

Disclosure of detailed information about intangible assets [abstract]

Intangible Assets

18. Intangible Assets

(CAD$ in millions)	Total
At January 1, 2023
Cost	$	525
Accumulated amortization and impairment	(125)
Net book value	$	400
Year ended December 31, 2023
Opening net book value	$	400
Additions – internal development	83
Amortization	(50)
Impairment	(88)
Closing net book value	$	345
At December 31, 2023
Cost	$	608
Accumulated amortization and impairment	(263)
Net book value	$	345
Year ended December 31, 2024
Opening net book value	$	345
Additions – internal development	17
Amortization	(43)
Impairment	(75)
Change in foreign exchange rates	3
Sale of steelmaking coal business	(51)
Closing net book value	$	196
At December 31, 2024
Cost	$	577
Accumulated amortization and impairment	(381)
Net book value	$	196

The $75 million impairment in 2024 includes $38 million that was presented as part of asset impairment expense related to the impairment of the Trail CGU (Note 9(a)).