Guidance library

As the regulator for federally regulated financial institutions and private pension plans, we set expectations for operating within the Canadian financial industry. You can find our current guidance in the following list. We also have a list of rescinded guidance.

For guidance on private pension plans, please see Administering pension plans

How to use this list

You can search by using one or more of the filters. The more filters you use, the narrower your search.

The “keywords” filter will search page titles and content. For example, you can search by the guideline number (such as B-10).

Alternatively, learn how our guidance relates to our mandate.

Date Title Sector Publication type Category
Regulatory notice on using natural catastrophe bonds in the Minimum Capital Test guideline
  • Property and Casualty Companies
Regulatory notice Capital Adequacy Requirements
OSFI lowers the level of the Domestic Stability Buffer to 3.0%, range to 0-3%
  • Banks
Letter Capital Adequacy Requirements
Update on Capital Requirements for Federally Regulated Property and Casualty Insurers – Letter
  • Property and Casualty Companies
Letter Capital Adequacy Requirements
OSFI maintains the level of the Domestic Stability Buffer at 3.5% - Letter (December 2025)
  • Banks
Letter Capital Adequacy Requirements
Minimum Capital Test – Guideline (2026)
  • Property and Casualty Companies
Guideline Capital Adequacy Requirements
Minimum Capital Test (2026) - Letter
  • Property and Casualty Companies
Letter Capital Adequacy Requirements
Draft Capital Adequacy Requirements Guideline (2027) - letter
  • Banks
  • Trust and Loan Companies
Letter Capital Adequacy Requirements
Letter to industry – Changes to treatment of crypto-assets exposures
  • Banks
  • Cooperative Credit Associations
  • Foreign Bank Branches
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
  • Trust and Loan Companies
Letter Capital Adequacy Requirements
Frequently asked questions - Crypto assets
  • Banks
  • Cooperative Credit Associations
  • Foreign Bank Branches
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
  • Trust and Loan Companies
Frequently asked questions Capital Adequacy Requirements
Capital Adequacy Requirements (CAR) – Guideline (2026)
  • Banks
  • Trust and Loan Companies
Guideline Capital Adequacy Requirements
Capital Adequacy Requirements (CAR) (2026) – Chapter 1 – Overview of Risk-based Capital Requirements
  • Banks
  • Trust and Loan Companies
Guideline Capital Adequacy Requirements
Capital Adequacy Requirements (CAR) (2026) – Chapter 2 – Definition of Capital
  • Banks
  • Trust and Loan Companies
Guideline Capital Adequacy Requirements
Capital Adequacy Requirements (CAR) (2026) – Chapter 3 – Operational Risk
  • Banks
  • Trust and Loan Companies
Guideline Capital Adequacy Requirements
Capital Adequacy Requirements (CAR) (2026) – Chapter 4 – Credit Risk – Standardized Approach
  • Bank Holding Companies
  • Banks
  • Trust and Loan Companies
Guideline Capital Adequacy Requirements
Capital Adequacy Requirements (CAR) (2026) – Chapter 5 – Credit Risk – Internal Ratings-Based Approach
  • Banks
  • Trust and Loan Companies
Guideline Capital Adequacy Requirements
Capital Adequacy Requirements (CAR) (2026) – Chapter 6 – Securitization
  • Banks
  • Trust and Loan Companies
Guideline Capital Adequacy Requirements
Capital Adequacy Requirements (CAR) (2026) – Chapter 7 – Settlement and Counterparty Risk
  • Banks
  • Trust and Loan Companies
Guideline Capital Adequacy Requirements
Capital Adequacy Requirements (CAR) (2026) – Chapter 8 – Credit Valuation Adjustment (CVA) Risk
  • Banks
  • Trust and Loan Companies
Guideline Capital Adequacy Requirements
Capital Adequacy Requirements (CAR) (2026) – Chapter 9 – Market Risk
  • Banks
  • Trust and Loan Companies
Guideline Capital Adequacy Requirements
Capital Adequacy Requirements Guideline (2026) – Letter
  • Banks
  • Trust and Loan Companies
Letter Capital Adequacy Requirements
OSFI Update on Capital Requirement for Federally Regulated Life Insurers – Letter
  • Life Insurance and Fraternal Companies
Letter Capital Adequacy Requirements
OSFI maintains the level of the Domestic Stability Buffer at 3.50% – Letter (June 2025)
  • Banks
Letter Capital Adequacy Requirements
Public consultation on the draft Minimum Capital Test (MCT) 2026
  • Property and Casualty Companies
Letter Capital Adequacy Requirements
Regulatory Notice on Adjustments to the Life Insurance Capital Adequacy Test Guideline (2025)
  • Foreign Insurance Branches
  • Life Insurance and Fraternal Companies
Regulatory notice Capital Adequacy Requirements
Regulatory Notice on Adjustments to the Life Insurance Capital Adequacy Test Guideline (2025) – Letter
  • Foreign Insurance Branches
  • Life Insurance and Fraternal Companies
Letter Capital Adequacy Requirements
Capital Treatment of Crypto-asset Exposures (Insurance) – Guideline
  • Life Insurance and Fraternal Companies
  • Property and Casualty Companies
Guideline Capital Adequacy Requirements
Draft Capital Adequacy Requirements Guideline (2026) – Letter
  • Banks
  • Trust and Loan Companies
Letter Capital Adequacy Requirements
Life Insurance Capital Adequacy Test – Guideline (2025)
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Life Insurance Capital Adequacy Test (2025) – Chapter 1 Overview and General Requirements
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Life Insurance Capital Adequacy Test (2025) – Chapter 2 Available Capital
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Life Insurance Capital Adequacy Test (2025) – Chapter 3 Credit Risk – On-Balance Sheet Items
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Life Insurance Capital Adequacy Test (2025) – Chapter 4 Credit Risk – Off-Balance Sheet Activities
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Life Insurance Capital Adequacy Test (2025) – Chapter 5 Market Risk
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Life Insurance Capital Adequacy Test (2025) – Chapter 6 Insurance Risk
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Life Insurance Capital Adequacy Test (2025) – Chapter 7 Segregated Fund Guarantee Risk
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Life Insurance Capital Adequacy Test (2025) – Chapter 8 Operational Risk
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Life Insurance Capital Adequacy Test (2025) – Chapter 9 Participating and Adjustable Products
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Life Insurance Capital Adequacy Test (2025) – Chapter 10 Credit for Reinsurance
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Life Insurance Capital Adequacy Test (2025) – Chapter 11 Aggregation and Diversification of Risks
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Life Insurance Capital Adequacy Test (2025) – Chapter 12 Life Insurers Operating in Canada on a Branch Basis
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Mortgage Insurer Capital Adequacy Test - Guideline (2025)
  • Property and Casualty Companies
Guideline Capital Adequacy Requirements
OSFI maintains the level of the Domestic Stability Buffer at 3.50% - Letter (December 2024)
  • Banks
Letter Capital Adequacy Requirements
Parental Stand-Alone (Solo) Capital Framework for Federally Regulated Life Insurers (2025)
  • Life Insurance and Fraternal Companies
Guideline Capital Adequacy Requirements
Mortgage Insurer Capital Adequacy Test (MICAT) 2025 - Letter
  • Property and Casualty Companies
Letter Capital Adequacy Requirements
Life Insurance Capital Adequacy Test (LICAT) 2025 – Letter
  • Life Insurance and Fraternal Companies
Letter Capital Adequacy Requirements
Modification to the Capital Floor Transition schedule in Chapter 1 of the Capital Adequacy Requirements (CAR) guideline
  • Banks
  • Trust and Loan Companies
Regulatory notice Capital Adequacy Requirements
OSFI maintains the level of the Domestic Stability Buffer at 3.50% - Letter (2024)
  • Banks
Letter Capital Adequacy Requirements
Minimum Capital Test - Guideline (2024)
  • Property and Casualty Companies
Guideline Capital Adequacy Requirements
Minimum Capital Test 2024 – Adjustments and clarifications
  • Property and Casualty Companies
Adjustments and clarifications Capital Adequacy Requirements
OSFI maintains the level of the Domestic Stability Buffer at 3.50% - Letter (2023) Letter Capital Adequacy Requirements