Banks

We regulate and supervise all banks operating in Canada. There are 6 systemically important banks and many small and medium banks in our financial system.

Domestic systemically important banks
Domestic systemically important banks are critical for the functioning of Canada’s economy. 

Global systemically important banks
Global systemically important banks are important to the wider financial system and economy.

Domestic stability buffer 
The domestic stability buffer is a capital buffer that domestic systemically important banks need to set aside to cover losses during financial uncertainties.

Minimum qualifying rate on uninsured mortgages 
The minimum qualifying rate on uninsured mortgages aims to test if a borrower can repay a mortgage during financial hardship.

Loan-to-income limits 
This measure helps to reduce the proportion of highly leveraged loans secured against a residential property.

Who we regulate

See which financial institutions we regulate