The Domestic Stability Buffer is a capital buffer that the big six Canadian Domestic Systemically Important Banks (D-SIBs) must set aside to cover potential losses during periods of financial stress. The Centre's Domestic Stability Buffer Council, chaired by Jeremy Kronick, provides OSFI, industry participants and key economic policy voices with an independent assessment of the direction for the buffer in pursuit of OSFI's mandate of contributing to public confidence in the Canadian financial system.
Communiqué
Wednesday, November 15, 2023 - Council Recommends Holding Domestic Stability Buffer at 3.5 Percent
Chair
![](/sites/default/files/styles/staff_280x280/public/2024-02/Jeremy%20Kronick_2024.png.jpg?itok=Rx6uQJLc)
Jeremy Kronick
Associate Vice President, Director of the Centre on Financial and Monetary PolicyMembers
![](/sites/default/files/styles/staff_280x280/public/2023-09/Vivian.png.jpg?itok=Uye0bBoI)
Vivian Abdelmessih
Chair of the Board at Export Development Canada![](/sites/default/files/styles/staff_280x280/public/2023-09/Cathy%20Cranston.png.jpg?itok=wGpjNwFd)
Cathy Cranston
Former Treasurer at BMO Financial Group![](/sites/default/files/styles/staff_280x280/public/2023-08/Jamey%20Hubbs_2023.png.jpg?itok=J9_lU-8-)
Jamey Hubbs
Senior Fellow![Peter Levitt](/sites/default/files/styles/staff_280x280/public/2023-08/Peter%20Levitt_2023.png.jpg?itok=Ln-5AlX2)
Peter Levitt
Corporate and Philanthropic Director![](/sites/default/files/styles/staff_280x280/public/2024-02/Duncan%20Munn_2024.png.jpg?itok=mWslI1PU)
Duncan Munn
President![Mark Zelmer](/sites/default/files/styles/staff_280x280/public/2023-09/Mark%20Zelmer.png.jpg?itok=GGFiRvZZ)