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

Wednesday, May 15, 2024 - Steady as She Goes - For Now: Council Recommends Holding Domestic Stability Buffer at 3.5 percent


 

Chair

Jeremy Kronick

Associate Vice President, Director of the Centre on Financial and Monetary Policy

Members

Vivian Abdelmessih

Chair of the Board at Export Development Canada

Cathy Cranston

Former Treasurer at BMO Financial Group

Jamey Hubbs

Senior Fellow
Peter Levitt

Peter Levitt

Corporate and Philanthropic Director
Mark Zelmer

Mark Zelmer

Senior Fellow

Content