v3.22.2.2
Segregated funds (Tables)
 12 Months Ended
Oct. 31, 2022
Text Block [Abstract]  
Summary of Segregated Funds Net Assets
Segregated funds net assets
 
      As at  
     
(Millions of Canadian dollars)
  
 
October 31
2022
    
 
October 31
2021
  
Cash
  
$
39
 
   $ 40  
Investment in mutual funds
  
 
2,598
 
     2,625  
Other assets (liabilities), net
  
 
1
 
     1  
 
  
$
2,638
 
   $ 2,666  
Changes in Segregated Funds Net Assets
Changes in net assets
 
     For the year ended  
     
(Millions of Canadian dollars)
  
 
October 31
2022
    
 
October 31
2021
  
Net assets at beginning of period
  
$
2,666
 
   $ 1,922  
Additions (deductions):
                
Deposits from policyholders
  
 
859
 
     975  
Net realized and unrealized gains (losses)
  
 
(301
) 
     381  
Interest and dividends
  
 
56
 
     51  
Payment to policyholders
  
 
(573
) 
     (604 ) 
Management and administrative fees
  
 
(69
) 
     (59 ) 
Net assets at end of period
  
$
2,638
 
   $ 2,666