v3.25.4
Risk Management - Risk Concentrations (Details) - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
A    
Disclosure of credit risk exposure [line items]    
Investment grade debt securities and private placements rate 39.00% 37.00%
AA    
Disclosure of credit risk exposure [line items]    
Investment grade debt securities and private placements rate 24.00% 17.00%
AAA    
Disclosure of credit risk exposure [line items]    
Investment grade debt securities and private placements rate 7.00% 15.00%
Asset classes and individual investment risks    
Disclosure of credit risk exposure [line items]    
Debt securities and private placements rated as investment grade BBB or higher 96.00% 96.00%
Government debt securities as a per cent of total debt securities 39.00% 40.00%
Government private placements as a per cent of total private placements 8.00% 9.00%
Highest exposure to a single non-government debt security or private placement issuer $ 1,033 $ 1,121
Largest single issuer as a per cent of the total equity portfolio 2.00% 2.00%
Income producing commercial office properties (2025 – 34% of real estate, 2024 – 35%) $ 4,312 $ 4,696
Largest concentration of mortgages and real estate – Ontario Canada (2024 – 28%, 2023 – 29%) $ 20,199 $ 19,052
Income producing commercial office properties percentage 34.00% 35.00%
Asset classes and individual investment risks | Ontario, Canada    
Disclosure of credit risk exposure [line items]    
Maximum concentration of mortgages and real estate, percentage 29.00% 28.00%