Canada’s financial regulator, the Office of the Superintendent of Financial Institutions (OSFI), has decided to maintain the domestic stability buffer for the country's largest banks at 3.5%. This decision, announced on June 18, 2024, signals confidence in the strength of their balance sheets despite ongoing economic risks. OSFI cited elevated but stable risks in the financial sector, including potential future shocks from looming mortgage renewals. The unchanged buffer indicates that officials believe the banks are well-positioned to handle economic turbulence. Capital requirements for these banks remain unchanged.