v3.26.1
Income Taxes - Schedule of Provision For Income Tax Rate Reconciliation (Details) - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Effect on income taxes of:      
Canadian statutory income tax rate 23.10% 23.20% 23.30%
Income tax provision at statutory rate $ 3,064 $ 1,870 $ 2,364
Effect on income taxes of:      
UK PRT and other taxes (551) (237) (255)
Impact of UK PRT and other taxes on corporate income tax 225 95 105
Foreign and domestic tax rate differentials (94) (112) (104)
Non-taxable portion of capital losses (gains) (93) 114 (35)
Stock options exercised for common shares 25 41 91
Revisions arising from prior year tax filings 1 43 (174)
Change in unrecognized capital loss carryforward asset (93) 114 (35)
Other (63) 25 (25)
Income tax $ 2,421 $ 1,953 $ 1,932