Regulator cuts big banks’ capital buffer for the first time in three years (opens original article in a new tab)

Canada's banking regulator cuts the capital buffer for big banks for the first time in three years to encourage lending, lowering the domestic stability buffer to 0-3%.

• Regulator reduces big banks' capital buffer to 3% from previous level
• OSFI lowers domestic stability buffer range to 0-3% to encourage lending
• C.D. Howe's Institute recommended maintaining the buffer due to economic challenges