
regulator


OSFI shelves some of its regulatory proposals in response to stakeholder feedback
October 16, 2023 No Comments
Canada’s banking regulator confirmed today that it will no longer pursue at least several of the proposed mortgage regulations it had introduced earlier this year after they were met with widespread concern and criticism during its public consultation period.

OSFI seeing a deterioration in credit quality, says borrowers to face challenges at renewal
October 12, 2023 No Comments
Canada’s banking regulators says the sustained increases in interest rates over the past 18 months have challenged some borrowers’ ability to pay and led to a deterioration in certain credit quality.
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