© Provided by The Canadian PressOTTAWA — Canada's banking regulator has kept the domestic stability buffer at the top end of the range to help address heightened financial uncertainty. As the buffer stands, banks have to hold capital equivalent to 2.5 per cent of total risk-weighted assets. The Office of the Superintendent of Financial Institutions introduced the buffer in 2018 as an addition to existing requirements for Canada's largest banks. This report by The Canadian Press was first published June 22, 2022. The Canadian Press

Source: CBC News June 23, 2022 01:02 UTC