OSFI

​Domestic Stability Buffer

is set at
3.00%
of total risk-weighted assets

December 8, 2022

Minimum Qualifying Rate for uninsured mortgages

The greater of
the mortgage contract rate
plus 2% or 5.25%

December 15, 2022

Superintendent of Financial Institutions took further action on the Silicon Valley Bank Canadian Branch

The Superintendent of Financial Institutions took additional action to protect creditors of the Silicon Valley Bank’s Canadian branch by taking permanent control of its assets. In addition, the Ontario Superior Court of Justice granted a winding up order in respect of the institution.

Continue reading: Superintendent of Financial Institutions took further action on the Silicon Valley Bank Canadian Branch

OSFI's logo

"A Bias Toward Action"

Superintendent Peter Routledge provided a lunch keynote called “A Bias Toward Action” during the annual RBC Capital Markets Bank CEO Conference in Toronto, Ontario.

Continue reading: “A Bias Toward Action”: Remarks by Superintendent Peter Routledge, RBC capital markets bank CEO conference

Photo of Peter Routledge
 

Follow us

 

OSFI major 2023 announcements

  • April 18

    OSFI Annual Risk Outlook

  • June 20

    Domestic Stability Buffer rate setting announcement

  • October 12

    OSFI Annual Risk Outlook – semi-annual update

  • December 5

    Domestic Stability Buffer rate setting announcement

  • December 12

    Minimum Qualifying Rate announcement

 

#Scam Alert: Be careful of phishing emails that appear to be from OSFI employees.

Recently posted

About OSFI

National capital region's top employers

The Office of the Superintendent of Financial Institutions (OSFI) is an independent agency of the Government of Canada, established in 1987 to contribute to the safety and soundness of the Canadian financial system. OSFI supervises and regulates federally registered banks and insurers, trust and loan companies, as well as private pension plans subject to federal oversight.

Superintendent

Peter Routledge 

Peter Routledge

About the Superintendent

Twitter

@OSFIBSIF_leader

Our partners

OSFI works closely with its federal partners, including the Department of Finance, the Bank of Canada, the Canada Deposit Insurance Corporation and the Financial Consumer Agency of Canada.

View infographic.

​