Progress on our initiatives

The Blueprint and the 2022-2025 Strategic Plan guide our overall priorities and activities during our multi-year transformation. In these plans, we outline 6 pillars that support our transformation:

  • Risk, strategy and governance
  • Data management and analytics
  • Policy innovation
  • Supervision renewal
  • Strategic stakeholder and partner engagement
  • Culture and enablers

We are transforming OSFI to ensure that we thrive in intensifying uncertainty so that the public’s confidence in a sound financial system remains unwavering. We’ve made good progress on a number of initiatives under these six pillars that will continue to move OSFI into the future.

Refining how we approach risk


Risk, strategy and governance: Our Risk Appetite Statement is the foundation for our decision making, operations, and infrastructure that meets a dynamic financial risk environment.

Modernizing how we collect data


Data management and analytics: Data is the foundation that guides our decisions.

Modernizing our policies and guidance


Policy innovation: The Policy Architecture Renewal allows us to rethink how we develop and apply our policies and guidelines.

Renewing our Supervisory Framework


Supervision renewal: We’re enhancing our supervisory practices by building tools to help with evolving risks.

Engaging our partners and stakeholders


Strategic stakeholder and partner engagement: Engagement with our stakeholders is critical to our effectiveness as an organization.

Building a diverse workplace


Culture and enablers: We want a workplace where we embrace differences, celebrate curiosity, and innovation.