© Provided by The Canadian PressOTTAWA — The federal banking regulator is holding the domestic stability buffer at 2.5 per cent as it says the economy continues its recovery and Canada's largest banks remain robust. The Office of the Superintendent of Financial Institutions, which reviews the rate twice a year, raised it to its current level in June. In making its decision, the regulator says systemic vulnerabilities such as household indebtedness and housing-related asset imbalances remain elevated. This report by The Canadian Press was first published Dec. 10, 2021. The Canadian Press

Source: CBC News December 10, 2021 16:25 UTC