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INCOME TAXES - Rate Reconciliation (Details) - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
INCOME TAX RATE RECONCILIATION      
Earnings before income taxes $ 7,879 $ 4,542 $ 7,729
Canadian federal statutory income tax rate 15.00% 15.00% 15.00%
Expected federal taxes at statutory rate $ 1,182 $ 681 $ 1,159
Increase/(decrease) resulting from:      
Provincial and state income taxes 411 108 228
Foreign and other statutory rate differentials 187 295 134
Effects of rate-regulated accounting (106) (122) (139)
Write-off of regulatory deferrals 115 0 0
Part VI.1 tax, net of federal Part I deduction 66 76 73
US minimum tax 100 107 0
Non-taxable portion of gain on sale of investment 0 0 (23)
Valuation allowance (12) 6 5
Accounting impairment of non-deductible goodwill 0 370 0
Noncontrolling interests 19 9 (17)
Investment and production tax credits (47) 0 0
Other (94) 74 (5)
Income tax expense $ 1,821 $ 1,604 $ 1,415
Effective income tax rate (as a percent) 23.10% 35.30% 18.30%