v3.22.4
Income Taxes (Tax Information on a Domestic and Foreign Basis) (Details) - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income before income taxes      
Domestic $ 4,835 $ 4,726 $ 3,614
Foreign 1,928 1,616 907
Income before income taxes 6,763 6,342 [1] 4,521 [1]
Current income tax expense (recovery)      
Domestic 956 763 616
Foreign 285 167 (121)
Total current income tax expense 1,241 930 495
Deferred income tax expense      
Domestic 298 360 383
Foreign 106 153 98
Total deferred income tax expense $ 404 $ 513 [2] $ 481 [2]
[1] In the first quarter of 2022, the Company changed its method of calculating market-related values of pension assets for its defined benefit plans using a retrospective approach. Comparative figures have been restated to conform to the change in methodology. See Note 2 – Change in accounting policy for additional information.
[2] In the first quarter of 2022, the Company changed its method of calculating market-related values of pension assets for its defined benefit plans using a retrospective approach. Comparative figures have been restated to conform to the change in methodology. See Note 2 – Change in accounting policy for additional information.