Etiket: OSFI
OSFI sees growing risk in Canada’s housing market
Canada’s banking regulator is bracing for tensions in the housing market to last throughout the year, with the sector seen as a growing source of concern. The Office of the…
OSFI sees growing risk in the housing market
(Toronto) Canada’s banking regulator is bracing for housing market weakness to potentially last through 2023 as it sees the sector as a growing source of concern. Posted at 1:03 p.m.…
Bankruptcy of Silicon Valley Bank | OSFI takes control of the Canadian branch
(Ottawa) The Superintendent of Financial Institutions Canada has taken temporary control of the assets of the Canadian branch of Silicon Valley Bank. Posted at 7:30 p.m. He also signified his…
Mortgage Regulation | OSFI launches public consultation
Canada’s banking regulator announced on Thursday the launch of a public consultation on existing and newly proposed rules for mortgages, saying the risks associated with such loans had increased significantly…
OSFI changes home loan rules to reduce risk
(Ottawa) Canada’s banking regulator is tightening requirements for certain types of home loans to protect homeowners who may be at higher risk if interest rates rise. Posted at 2:12 p.m.…
OSFI leaves its simulation mortgage rate unchanged
(Ottawa) The interest rate used in stress tests for Canadians looking for a mortgage was maintained on Friday by the federal banking regulator and the Department of Finance. Posted on…
OSFI maintains bank reserve rate
(Ottawa) The federal banking regulator on Friday kept the domestic bank stability reserve at 2.5%, noting that the economic recovery continues and Canada’s largest banks continue to demonstrate strong financial…