OSFI by the Numbers 2025-26
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
Supervision of financial institutions
Regulated and supervised approximately 350 financial institutions
Approval of new financial institutions
Approved 3 new financial institutions to commence business
Supervisory reviews
Conducted 161 supervisory reviews, including 81 reviews of issues affecting multiple financial institutions and 80 reviews focused on specific financial institutions
Supervision of pension plans
Regulated and supervised approximately 1,200 pension plans, including 1.3 million active members and beneficiaries, and assets of $276 billion
Guidance documents
Issued 7 new or updated guidance documents and undertook 3 consultations
Regulatory guidance
Streamlined regulatory guidance and eliminated more than 50 documents representing more than 600 pages of content in both English and French from OSFI's guidance library
OCA Actuarial reports
The Office of the Chief Actuary prepared 20 actuarial reports for the Government of Canada