OSFI

Domestic Stability Buffer

2.50%
of total risk-weighted assets

December 10, 2021

Minimum Qualifying Rate for Uninsured Mortgages

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

December 17, 2021

OSFI’s 2022-2025 Strategic Plan

OSFI's Strategic Plan is the next step in our transformation. It not only sets out our goals and priorities for the next three years, but it also outlines the concrete actions that we will take to ensure that we continue to contribute to confidence in Canada's financial system.

Continue reading: OSFI’s 2022-2025 Strategic Plan

Graphic depicting six transformation initiatives

Opening Remarks by Superintendent Peter Routledge - Northwind’s 35th Annual Financial Services Invitational Forum

“Sharing our outlook and discussing our plans is intended to be an invitation to further progress. With complicated collective action problems like climate change, and interconnected risks with digitalization, holding clear positions and creating dialogue is a necessary first step.”

- Peter Routledge, Superintendent

Continue reading: Opening Remarks by Superintendent Peter Routledge - Northwind’s 35th Annual Financial Services Invitational Forum

Photo of Peter Routledge

OSFI releases first Annual Risk Outlook

“With our inaugural Annual Risk Outlook, we are providing transparency to Canadians about the financial system risks facing our country and our supervisory and regulatory responses to those risks. In so doing, we commit ourselves to strengthening the prudential oversight framework for Canada’s federally regulated financial institutions and pension plans which, in turn, will add to financial system resilience.”

- Peter Routledge, Superintendent

Continue reading: OSFI releases first Annual Risk Outlook

Graphic depicting seven risks identified in OSFI's Annual Risk Outlook
 

OSFI Major 2022 Announcements

  • June 22

    Domestic Stability Buffer Rate setting event

  • December 8

    Domestic Stability Buffer Rate setting event

  • December 15

    Minimum Qualifying Rate for uninsured mortgages

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 

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.