Canadian financial regulation enters a busy September: OSFI’s Regulatory Data Hub timeline, Bill C-29’s Financial Crimes Agency and an FATF review due this autumn.
Financial News
OSFI’s third Quarterly Release of 2026 moved capital, disclosure, concentration risk and crypto-asset policy work forward, with Industry Day set for September 24.
A lender’s mortgage rate forecast says the Bank of Canada will hold at 2.25% through 2026, while an oil shock lifts bond yields and fixed rates.
A new survey finds B.C. household savings are shrinking for nearly half of residents, raising the risk that even small financial shocks cause real harm.
Big Six impaired loans reached $37.5 billion in Q2 2026, nearly tripling since 2022, though Morningstar DBRS says asset quality remains solid.
Scotiabank ROE reached 14.2% last quarter, clearing its 14% goal two years early, with Canadian banking above 19% and international banking pivoting to growth.
The Bank of Canada rate hold keeps the overnight rate at 2.25% for a seventh straight decision as tariffs and oil prices lift inflation risk.
The bank CEOs credit outlook stayed positive at the Scotiabank Financials Summit, even as Canada-U.S. tariffs escalated and TD set aside $500 million.
Superintendent Routledge will join a fireside chat at the Scotiabank Financials Summit in Toronto on Sept. 9, 2026, webcast live with a 30-day replay.