
OSFI regulations


“We don’t see vulnerabilities worsening,” OSFI says as it leaves capital buffer for big banks unchanged
Canada’s banking regulator today announced no change to the amount of capital banks must keep on hand to cover potential future losses.

Several big banks to be impacted by OSFI’s new capital requirements for negative amortization mortgages
Canada’s banking regulator recently confirmed it will move ahead with new capital requirements for lenders and insurers with negatively amortizing mortgage portfolios.

Fixed-payment variable rate mortgages a “dangerous product,” says OSFI
Canada’s banking regulator said Thursday it views fixed-payment variable-rate mortgages as a “dangerous product” that puts certain borrowers at increased risk of default.

OSFI to implement loan-to-income (LTI) restrictions
Canada’s banking regulator confirmed today that it will no longer pursue at least several of the proposed mortgage regulations introduced earlier this year, but will move ahead with new loan-to-income restrictions for lenders.

OSFI seeing a deterioration in credit quality, says borrowers to face challenges at renewal
Canada’s banking regulators says the sustained increases in interest rates over the past 18 months have challenged some borrowers’ ability to pay and led to a deterioration in certain credit quality.

OSFI seeks to address “problem” of fixed-payment variable-rate mortgages
It’s no secret that Canada’s banking regulator has its sights set on fixed-payment variable-rate mortgage products. And OSFI chief Peter Routledge reiterated that point during a speech today.

How fixed-payment variable-rate mortgages have saved Canada’s economy, and why their future could be at risk
Canada’s economy has so far managed to avert recession and shrug off the fastest rate-tightening cycle in the nation’s history. And one of the key

OSFI proposes capital requirement changes for lenders and mortgage insurers to address mortgage risk in Canada
Canada’s banking regulator today unveiled proposed changes to the capital requirements that would impact the country’s lenders and mortgage insurers.

As economic risks heighten, OSFI raises the amount of capital banks must keep on hand
Canada’s banking regulator announced today an increase in the amount of capital banks must keep on hand to cover potential future losses.