Bank Regulator ‘Gratified’ Trade War Hasn’t Hit Canada Harder: Bloomberg
Canada’s financial regulator OSFI kept capital requirements for the country’s largest banks unchanged on Thursday, leaving the domestic stability buffer at 3.5% and signaling systemic risks are stable despite economic uncertainty. “It’s fair to say that conditions thus far — as of June 26, 2025 — are better than our planning assumption back earlier in the year,” said Peter Routledge, superintendent of financial institutions, while cautioning that the regulator remains focused on downside risks. Routledge added OSFI is watching for signs of a “significant recession,” such as rising unemployment or a major housing correction, promising to act “with urgency” if needed.
