• MMT App
  • Careers
  • Contact
  • French
  • Find an Expert
  • Home
  • Mortgage Prep
  • Buying a Home
  • Renewal
  • Commercial
  • Rates & Lenders
  • More Value
  • Economic Insights
  • Our House Blog
  • MMT App
  • Careers
  • Contact
  • French
  • Find an Expert
  • All
  • COVID-19
  • Finance
  • Housing Market

Published by Sherry Cooper

December 8, 2022

OSFI raises capital buffer for big banks to 3% as household debt risks rise.

The Office of the Superintendent of Financial Institutions raised the capital buffer financial institutions must hold to three per cent, citing increased risked from high household indebtedness and the rapid rise in interest rates.

The financial watchdog also increased the capital buffer’s range, or the policy tool to keep the country’s financial stability in check, to between zero and four per cent starting February 2023, rising from the previous range of zero to 2.5 per cent.

Click here to read the rest of the article on the Financial Post.

Please Note: The source of this article is from SherryCooper.com/category/articles/

Share this:
Categories: Finance

Recommended articles.

View More

Canadian Housing Might Be Turning A Corner As Sales Picked Up in June and Prices Flattened.

July 15, 2025

Home Sales Rose As Prices Stabilized–Housing Market is Turning a Corner The number of home sales recorded over Canadian MLS® Systems rose 2.8% on a month-over-month basis in June 2025, […]

Read More

Canadian Inflation Accelerates by 1.9% y/y in June; US inflation comes in below forecast for the fifth consecutive month

July 15, 2025

Today’s Report Shows Inflation Remains a Concern, Forestalling BoC Action Canadian consumer prices accelerated for the first time in four months in June, and underlying price pressures firmed, likely keeping […]

Read More

Canada Unexpectedly Adds 83,100 Jobs in June, The Biggest Gain of 2025

July 11, 2025

Canada’s Economy Shows Amazing Resilience in June The Canadian economy refuses to buckle under the weight of tariff uncertainty and further potential tariff hikes. The Labour Force Survey, released this […]

Read More

Canadian GDP is Set To Contract In Q2

June 27, 2025

Canada Is Headed For A Moderate Economic Contraction in Q2 Real gross domestic product (GDP) edged down 0.1% in April, following a 0.2% increase in March. The preliminary estimate for […]

Read More

Canadian CPI inflation held steady at 1.7% y/y in May. Core inflation edged downward.

June 24, 2025

Today’s Report Shows Inflation Remains a Concern The Consumer Price Index (CPI) rose 1.7% year-over-year in May, matching the 1.7% increase in April. A reduced rent price increase and a decline in […]

Read More
  • Find an Expert
  • Home
  • Mortgage Prep
  • Buying a Home
  • Renewal
  • Commercial
  • Rates & Lenders
  • More Value
  • Economic Insights
  • Our House Blog
  • MMT App
  • Careers
  • Contact
  • French
  • Find an Expert

© 2025 Dominion Lending Centres Inc. All rights reserved. Privacy Policy Terms & Conditions