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In a statement issued by the Superintendent released on July 13, 2020, OSFI signalled a gradual restart of OSFI s policy development work in the fall of 2020. On August 31, 2020, OSFI announced in a series of letters issued to industry that it would unwind certain of the temporary measures put in place at the beginning of the pandemic, including a gradual phaseout of the special capital treatment of loan and insurance premium payment deferrals that was provided to banks and insurers. On December 12, 2020, OSFI announced that the domestic stability buffer would remain at one per cent of total risk-weighted assets, stating that DSB reduction in March continues to be effective and

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