Domestic Stability Buffer

of total risk-weighted assets

effective November 1, 2023

June 20, 2023

Minimum Qualifying Rate for uninsured mortgages

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

December 15, 2022

OSFI Sets Domestic Stability Buffer at 3.5%

The Office of the Superintendent of Financial Institutions raised the Domestic Stability Buffer by 50 basis points to 3.5% of total risk-weighted assets, effective November 1, 2023.

Refining how we approach risk

Learn about the amount and type of risks we’re willing to accept.

Continue reading: Refining how we approach risk

Transformation pillar of the Blueprint: Risk, strategy and governance

Discussion with Ben Gully on OSFI's supervisory approach

How is supervision like a soccer match? Find out in this video as Ben Gully talks about the “four Cs” of our approach to supervision, our Annual Risk Outlook and more.

Supervisory pillar of the Blueprint: Renewing our Supervisory Framework

OSFI major 2023 announcements

  • October 12

    OSFI Annual Risk Outlook – semi-annual update

  • December 8

    Domestic Stability Buffer rate setting announcement

  • December 12

    Minimum Qualifying Rate announcement

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.


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.