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Guide for Incorporating Federally Regulated Insurance Companies
… Guide for Incorporating Federally Regulated Insurance Companies … of Financial Institutions (OSFI) is responsible for administering a number of federal statutes, including the … part of the regulatory process, OSFI assesses applications for incorporation and makes recommendations to the Minister …
Guideline for Converting Plans from Defined Benefit to Defined Contribution
… Guideline for Converting Plans from Defined Benefit to Defined … This document replaces the document entitled “Guidelines for Converting Plans from Defined Benefit to Defined … salary increase assumptions, they state that the Consumer Price Index plus 1% should be used as a proxy for indexation …
Promoting effective risk governance: no time for complacency
… Promoting effective risk governance: no time for complacency Introduction Good afternoon and thank you for inviting me to speak about the role and importance of … They do not have the incentives or the information to price in and manage the potential spillover effects of …
Adapting Prudential Policy for the New Normal - Remarks to the C.D. Howe Institute, Toronto, Ontario, September 28, 2020 via webcast
… Adapting Prudential Policy for the New Normal - Remarks to the C.D. Howe Institute, … Toronto, Ontario, September 28, 2020 via webcast Thank you for inviting me to speak to you today about how OSFI is … since 2008/09, debt markets froze, and finally, an oil price war erupted in the midst of the market turmoil, …
FIFAI II: A Collaborative Approach to AI Threats, Opportunities, and Best Practices, Workshop 1 - Security and Cybersecurity
… has become increasingly important. There is an urgent need for collaboration and development of best practices in this … Perspective on Responsible AI,” highlighted the need for financial institutions to adopt comprehensive risk … by AI. It identified the four EDGE principles as critical for AI’s responsible use: Explainability, Data, Governance, …
Supervisory Framework
… we supervise financial institutions Supervisory ratings for financial institutions How we supervise pension plans Supervisory ratings for pension Overview The Supervisory Framework guides our … deterioration in their solvency position since the latest actuarial report and, if appropriate, take supervisory …
2025 Special Actuarial Report on the financial position of the Public Service Pension Fund as at 31 March 2025
… B - Valuation methodology Appendix C - Assumptions for plan years 2024 and 2025 Appendix D - Economic … D.1 Inflation-related assumptions D.1.1 Level of inflation Price increases, as measured by changes in the Consumer Price Index (CPI), tend to fluctuate from year to year. In …
Domestic Stability Buffer - Decision Summary Note - December 2023
… capitalized, they continue to build up provisions for credit losses in an environment characterized by rising … For more information on the DSB decision-making process, visit Domestic Stability Buffer Design Framework . Trends in … crisis: March 2020 to May 2020 Canadian household price-to-income index (2005 = 100) Source: Statistics Canada, …
Guide for Continuing a Body Corporate as a Bank or a Federally Regulated Trust or Loan Company
… Guide for Continuing a Body Corporate as a Bank or a Federally … Trust or Loan Company Targeted fast-track framework for new entrants Visit Targeted fast-track approvals framework for new … Guide for Continuing a Body Corporate as a Bank or a Federally …
Authorization of Amendments Reducing Benefits in Defined Benefit Pension Plans
… 2 Such an amendment is usually proposed by a plan that, for various reasons, is not able to meet the minimum funding requirements set out for all plans in the Pension Benefits Standards Regulations, … Consent OSFI considers an amendment to replace a consumer price index (CPI) indexed accrued pension benefit with a …
Mortality Projections for Social Security Programs in Canada: Actuarial Study No. 22
… Mortality Projections for Social Security Programs in Canada: Actuarial Study No. … or Overweight Table 21 – Alcohol Consumption – 2018 or Latest Available Year Table 22 – Daily Smokers – 2018 or … Available at: https://molecular-cancer.biomedcentral.com/articles/10.1186/s12943-021-01348-0/tables/1 Blanpain, …
Actuarial Report on the Pension Plan for the Royal Canadian Mounted Police as at 31 March 2021
… Actuarial Report on the Pension Plan for the Royal Canadian Mounted Police as at 31 March 2021 … 35. Once in pay, the pension is indexed with the Consumer Price Index. Such indexation also applies to deferred … of the previous year, in the 12-month average Consumer Price Index relative to the corresponding figure one year …
Pooled Registered Pension Plans - Guide for Federal Members
… Pooled Registered Pension Plans - Guide for Federal Members Guide Multi-jurisdictional pension plans … options), dollar amount of the transaction, the unit price or interest rate and the number of units purchased, … options), dollar amount of the transaction, the unit price or interest rate and the number of units purchased, …
Pooled Registered Pension Plans - Guide for British Columbia Members
… Pooled Registered Pension Plans - Guide for British Columbia Members Guide Multi-jurisdictional … options), dollar amount of the transaction, the unit price or interest rate and the number of units purchased, … options), dollar amount of the transaction, the unit price or interest rate and the number of units purchased, …
Pooled Registered Pension Plans - Guide for Ontario Members
… Pooled Registered Pension Plans - Guide for Ontario Members Guide Multi-jurisdictional pension plans … options), dollar amount of the transaction, the unit price or interest rate and the number of units purchased, … options), dollar amount of the transaction, the unit price or interest rate and the number of units purchased, …