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OSFI's annual Risk Outlook 2023-2024: key risks include housing market, liquidity, credit, climate and cyber security

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May 30, 2023


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Canada’s Office of the Superintendent of Financial Institutions (OSFI) released its Annual Risk Outlook for 2023-2024 in April, which defines what OSFI views as the most significant risks the country’s financial system is facing.

Here are some of the most significant risks:

  • Housing market downturn
  • Liquidity and funding
  • Corporate and commercial credit
  • Climate change
  • Cyber security

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