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🇨🇦 OSFI Policy Statement

Bank of Canada and OSFI issue joint statement on use of the Bank's Standing Liquidity Facility

Bank of Canada and OSFI issue joint statement on use of the Bank's Standing Liquidity Facility

Why this matters

This is a joint statement from Bank of Canada and OSFI providing clarification on the purpose and use of the Standing Liquidity Facility (SLF) for Lynx payment system participants.

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🇨🇦 OSFI Policy Statement Urgency: high Significant

Backgrounder: Final Mortgage Insurer Capital Adequacy Test (MICAT) 2027

Backgrounder: Final Mortgage Insurer Capital Adequacy Test (MICAT) 2027

Why this matters

This is a final regulatory update from OSFI establishing new mandatory capital requirements under MICAT 2027. It introduces a new low-rise multi-unit residential construction category and adjusts risk weights (150% to 130% for low-rise; 150% maintained for high-rise), creating binding obligations for all mortgage...

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