OSFI Looks to Help Banks Boost Lending With Capital Requirement Changes

OSFI Looks to Help Banks Boost Lending With Capital Requirement Changes
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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Canada’s federal banking regulator is moving to make it easier for banks to loan money to small and medium-sized businesses and for some real estate projects.

The Office of the Superintendent of Financial Institutions says the changes to capital requirements will better reflect risks faced by institutions while freeing capacity for them to extend credit and support growth.