Office of the Superintendent of Financial Institutions’ 2025–26 Departmental plan at a glance
A departmental plan describes a department’s priorities, plans, and associated costs for the upcoming three fiscal years.
Key priorities
The Office of the Superintendent of Financial Institutions’ (OSFI) top priorities for 2025-26 are as follows:
In 2025-26, our efforts will remain focused on responding to a heightened risk environment and operationalizing our expanded mandate to implement an integrity and security regime. The results we plan to achieve over the next year align to the priorities and initiatives defined in our Strategic Plan 2024-27 and showcase how we work with grit, integrity, and urgency to ensure Canadians can have confidence in our financial system.
The six priority initiatives defined in our Strategic Plan 2024-2027 that encompass our plans for the fiscal year are as follows:
- Expanded mandate – integrity and security regime
- Supervisory renewal
- Culture
- Data management and analytics
- Critical functions
- Operational resilience
Highlights
In 2025-26, total planned spending (including internal services) for OSFI is $351,314,899 and total planned full-time equivalent staff (including internal services) is 1,303. For complete information on OSFI’s total planned spending and human resources, read the Planned spending and human resources section of the full plan.
The following provides a summary of the department’s planned achievements for 2025-26 according to its approved Departmental Results Framework. A Departmental Results Framework consists of a department’s core responsibilities, the results it plans to achieve, and the performance indicators that measure progress toward these results.
Core responsibility 1: Financial Institution and Pension Plan Regulation and Supervision
Planned spending: $195,769,597
Planned human resources: 787
Departmental results:
- Federally regulated financial institutions and private pensions plans are in sound financial condition.
- Regulatory and supervisory frameworks contribute to the safety and soundness of the Canadian financial system.
As part of the core responsibility pertaining to Financial Institution and Pension Plan Regulation and Supervision, we are committed to deliver on our expanded mandate to ensure that institutions have adequate policies and procedures in place to safeguard and protect against threats to their integrity or security, including foreign interference. We will also strive to enhance supervisory practices and responses by encouraging adaptability and urgency, all while staying within our risk tolerance. Finally, we will carry out effective supervisory actions and critical functions to institutions and pension plans and provide timely guidance in the evolving risk environment.
More information about Financial Institution and Pension Plan Regulation and Supervision can be found in the full plan.
Core responsibility 2: Actuarial Services to Federal Government Organizations
Planned spending: $13,958,355
Planned human resources: 58
Departmental results:
- Stakeholders receive accurate and high-quality actuarial information on the cost of public programs and government pension and benefit plans.
As part of the core responsibility pertaining to Actuarial Services to Federal Government Organizations, we will work towards ensuring that social security programs and public sector pension and insurance arrangements remain sound and sustainable for Canadians by providing high-quality actuarial services to the Government of Canada. This will include tabling and preparing actuarial reports, supporting government departments with the work of their responsible plans and programs, and analyzing emerging risks and trends.
More information about Actuarial Services to Federal Government Organizations can be found in the full plan.