Office of the Superintendent of Financial Institutions
The Domestic Stability Buffer contributes to Domestic Systemically Important Banks' (D-SIBs) resilience to key vulnerabilities and system-wide risks, thereby contributing to financial stability.
OSFI reviews and sets the level of the Domestic Stability Buffer on a semi-annual basis (June and December), based on its ongoing monitoring of federally regulated financial institutions as well as system-wide and sectoral developments.
Decisions on the calibration of the buffer are based on OSFI supervisory judgement, informed by its monitoring and analytical work on a range of vulnerabilities, and are made in consultation with OSFI's federal financial regulatory partners.
The Domestic Stability Buffer (DSB) is set at:1.00%of total risk-weighted assets,however will be set to 2.50% of risk-weighted assets effective October 31, 2021.Footnote 1
The Domestic Stability Buffer applies only to Domestic Systemically Important Banks (D-SIBs). As of March 2020, the following federally regulated financial institutions are designated as D-SIBs:
Bank of Montreal,
Bank of Nova Scotia,
Canadian Imperial Bank of Commerce,
National Bank of Canada,
Royal Bank of Canada, and
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