OSFI Keeps Domestic Stability Buffer on Hold at 3.5 Percent

OSFI Keeps Domestic Stability Buffer on Hold at 3.5 Percent
The Bay Street Financial District is shown with the Canadian flag in Toronto on Aug. 5, 2022. The Canadian Press/Nathan Denette
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The federal banking regulator says the amount of money Canada’s big banks must keep on hand in case of economic shock will stay at its current level.

The Office of the Superintendent of Financial Institutions held its domestic stability buffer at 3.5 percent.