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INCOME TAXES - Rate Reconciliation (Details) - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
INCOME TAX RATE RECONCILIATION      
Earnings before income taxes $ 4,542 $ 7,729 $ 4,190
Canadian federal statutory income tax rate 15.00% 15.00% 15.00%
Expected federal taxes at statutory rate $ 681 $ 1,159 $ 629
Increase/(decrease) resulting from:      
Provincial and state income taxes 108 228 288
Foreign and other statutory rate differentials 295 134 (53)
Effects of rate-regulated accounting (122) (139) (145)
Foreign allowable interest deductions 0 0 (4)
Part VI.1 tax, net of federal Part I deduction 76 73 76
US Minimum Tax 107 0 44
Non-taxable portion of gain on sale of investment 0 (23) 0
Valuation allowance 6 5 (6)
Accounting impairment of non-deductible goodwill 370 0 0
Noncontrolling interests 9 (17) (8)
Other 74 (5) (47)
Income tax expense $ 1,604 $ 1,415 $ 774
Effective income tax rate (as a percent) 35.30% 18.30% 18.50%