In a statement issued by the Superintendent
released on July 13, 2020, OSFI signalled a gradual restart of
OSFI s policy development work in the fall of 2020. On August
31, 2020, OSFI announced in a series of letters issued to industry that it
would unwind certain of the temporary measures put in place at the
beginning of the pandemic, including a gradual phaseout of the
special capital treatment of loan and insurance premium payment
deferrals that was provided to banks and insurers.
On December 12, 2020, OSFI announced that the domestic stability buffer
would remain at one per cent of total risk-weighted assets, stating
that DSB reduction in March continues to be effective and