OSFI by the Numbers 2024-25
OSFI was established in 1987 to protect depositors, policyholders, financial institution creditors and pension plan members, while allowing financial institutions to compete and take reasonable risks
Supervised and regulated over 400 financial institutions’
4 new financial institutions granted approval to commence business
174 reviews conducted
Approximately 1,300 full-time equivalents (FTEs) operating from offices in Vancouver, Toronto, Ottawa and Montreal
Office of the Chief Actuary prepared 20 actuarial reports and studies
Supervised and regulated approximately 1,200 pension plans that included 1.3 million active members and beneficiaries and assets of $246 billion