From: Benoit Dostie and Todd Morris To: Pension policymakers Date: July 10, 2026 Re: How Much Do Canada’s Workers Want, And Value, Employer Pensions? In 2001, the average Canadian private-sector worker was willing to give up about 3.3 percent of their earnings to land a job that came with a pension. By 2019, that number had […]
From: Harvey Naglie To: Open banking observers Date: July 9, 2026 Re: Open Banking Without a Scoreboard Canada has a shiny new set of rules for open banking, which advocates say will bring competition to the financial services marketplace, saving consumers $1 billion a year. Are they working? It’s hard to tell because there are no public competition […]
Published in the Financial Post. The Office of the Superintendent of Financial Institutions (OSFI), established in 1987, is the federal regulator that oversees the safety and soundness of our banks and insurers. It has helped build a prudential framework that is admired around the world. When the global financial system buckled in 2008, Canada’s stood, with no need […]
From: Jamey Hubbs and Mawakina Bafale To: Canada’s Policymakers Date: July 7, 2026 Re: How to Make OSFI Even Better The Office of the Superintendent of Financial Institutions (OSFI), established in 1987, is the federal regulator that oversees the safety and soundness of our banks and insurers. It has helped build a prudential framework that is admired around the world. When the global financial system buckled […]
July 7, 2026 – With nearly every advanced economy establishing a dedicated framework to manage systemic risk in capital markets after the Global Financial Crisis, Canada remains an outlier. After Ottawa abandoned progress towards reform in 2021, it is time for our country to address the critical gaps left in its financial stability framework and […]
Le 7 juillet 2026 – Alors que presque toutes les économies avancées ont mis en place un cadre dédié à la gestion du risque systémique dans les marchés financiers à la suite de la crise financière mondiale, le Canada fait toujours figure d’exception. Après avoir abandonné les progrès vers cette réforme en 2021, Ottawa doit […]
by Paul C. Bourque, K.C. and Douglas M. Hyndman Parliament discontinued funding for the Canadian Securities Transition Office in 2021, bringing an end to Canada’s most ambitious effort to establish a national securities commission, create a national framework for managing capital markets systemic risk, and strengthen the regime for the criminal enforcement of securities laws. […]
The C.D. Howe Institute’s toolkit for tracking the economy is a customized series of data sets from past Institute publications. These tools can be helpful for policymakers and other parties interested in analyzing monetary policy and financial stability decisions. These unique variables, which can all be found in past Institute work, include: The Leading […]
Sixth Meeting of the C.D. Howe Institute Domestic Stability Buffer Council At its recent meeting, in a split vote, the C.D. Howe Institute’s Domestic Stability Buffer Council (DSBC) recommended that the Office of the Superintendent of Financial Institutions (OSFI) maintain its Domestic Stability Buffer (DSB) at 3.5 percent at its upcoming setting. A slim majority of council […]
June 3, 2026 – In a split vote, the C.D. Howe Institute’s Domestic Stability Buffer Council (DSBC) recommended that the Office of the Superintendent of Financial Institutions (OSFI) maintain the Domestic Stability Buffer (DSB) at 3.5 percent at this month’s setting. Four of the seven Council members voted to hold the buffer steady, while three […]
by Mawakina Bafale and Jamey Hubbs Since its creation in 1987, the Office of the Superintendent of Financial Institutions (OSFI) has served as Canada’s federal micro-prudential regulator, operating under a single-head governance model that was suitable at the time but has not undergone a major review in nearly three decades. Particularly following the 2008 financial […]
May 21, 2026 – Since the 2008 global financial crisis, the mandate and activities of the Office of the Superintendent of Financial Institutions (OSFI) have expanded significantly in response to a more complex and rapidly evolving financial system. Yet its institutional structure has not undergone a major review in nearly 30 years, according to a new C.D. Howe Institute report. In “Fit for Purpose: Modernizing […]
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From: Benoit Dostie and Todd Morris To: Pension policymakers Date: July 10, 2026 Re: How Much Do Canada’s Workers Want, And Value, Employer Pensions? In 2001, the average Canadian private-sector worker was willing to give up about 3.3 percent of their earnings to land a job that came with a pension. By 2019, that number had […] 
From: Harvey Naglie To: Open banking observers Date: July 9, 2026 Re: Open Banking Without a Scoreboard Canada has a shiny new set of rules for open banking, which advocates say will bring competition to the financial services marketplace, saving consumers $1 billion a year. Are they working? It’s hard to tell because there are no public competition […] 
Published in the Financial Post. The Office of the Superintendent of Financial Institutions (OSFI), established in 1987, is the federal regulator that oversees the safety and soundness of our banks and insurers. It has helped build a prudential framework that is admired around the world. When the global financial system buckled in 2008, Canada’s stood, with no need […] 
From: Jamey Hubbs and Mawakina Bafale To: Canada’s Policymakers Date: July 7, 2026 Re: How to Make OSFI Even Better The Office of the Superintendent of Financial Institutions (OSFI), established in 1987, is the federal regulator that oversees the safety and soundness of our banks and insurers. It has helped build a prudential framework that is admired around the world. When the global financial system buckled […] 
by Paul C. Bourque, K.C. and Douglas M. Hyndman Parliament discontinued funding for the Canadian Securities Transition Office in 2021, bringing an end to Canada’s most ambitious effort to establish a national securities commission, create a national framework for managing capital markets systemic risk, and strengthen the regime for the criminal enforcement of securities laws. […] 
The C.D. Howe Institute’s toolkit for tracking the economy is a customized series of data sets from past Institute publications. These tools can be helpful for policymakers and other parties interested in analyzing monetary policy and financial stability decisions. These unique variables, which can all be found in past Institute work, include: The Leading […] 
Sixth Meeting of the C.D. Howe Institute Domestic Stability Buffer Council At its recent meeting, in a split vote, the C.D. Howe Institute’s Domestic Stability Buffer Council (DSBC) recommended that the Office of the Superintendent of Financial Institutions (OSFI) maintain its Domestic Stability Buffer (DSB) at 3.5 percent at its upcoming setting. A slim majority of council […] 
by Mawakina Bafale and Jamey Hubbs Since its creation in 1987, the Office of the Superintendent of Financial Institutions (OSFI) has served as Canada’s federal micro-prudential regulator, operating under a single-head governance model that was suitable at the time but has not undergone a major review in nearly three decades. Particularly following the 2008 financial […]