SOR/99-12019993
10
20259
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CANADA DEPOSIT INSURANCE CORPORATION ACTCanada Deposit Insurance Corporation Differential Premiums By-lawThe Board of Directors of the Canada Deposit Insurance Corporation, pursuant to paragraph 11(2)(g)a and section 21b of the Canada Deposit Insurance Corporation Act, hereby makes the annexed Canada Deposit Insurance Corporation Differential Premiums By-law.R.S., c. 18 (3rd Supp.), s. 51S.C. 1996, c. 6, s. 27March 3, 1999The Minister of Finance, pursuant to subsection 21(3)a of the Canada Deposit Insurance Corporation Act, hereby approves the annexed Canada Deposit Insurance Corporation Differential Premiums By-law made by the Board of Directors of the Canada Deposit Insurance Corporation.Ottawa, March 4, 1999Interpretation
The definitions in this subsection apply in this By-law.Act means the Canada Deposit Insurance Corporation Act. (Loi)Category III SMSB means a member institution that is subject to the Category III requirements set out in the Small and Medium-Sized Deposit-Taking Institutions (SMSBs) Capital and Liquidity Requirements – Guideline, issued by the Superintendent, as amended from time to time. (PMB de catégorie III)CDIC standards[Repealed, SOR/2005-116, s. 1]Data Requirements By-law means the Canada Deposit Insurance Corporation Data and System Requirements By-law. (Règlement administratif sur les exigences en matière de données)domestic systemically important bank[Repealed, SOR/2019-43, s. 1]examiner meansin respect of a federal member institution, the Superintendent; andin respect of a provincial member institutionthe Corporation or a person designated under paragraph 28(a) of the Act, orthe government of a province or the agent of the government of a province with whom the Corporation has entered into an agreement under section 38 of the Act. (inspecteur)filing year means the calendar year in which a member institution is required to submit the documents referred to in section 15 for the purpose of determining the institution’s annual premium for the premium year beginning in that calendar year. (année de déclaration)Guidelines for Banks means the Guidelines for Banks issued by the Superintendent under the Bank Act. (Lignes directrices à l’intention des banques)guidelines for member institutions means the Guidelines for Banks or the Guidelines for Trust and Loan Companies, as applicable. (lignes directrices à l’intention des institutions membres)Guidelines for Trust and Loan Companies means the Guidelines for Trust and Loan Companies issued by the Superintendent under the Trust and Loan Companies Act. (Lignes directrices à l’intention des sociétés de fiducie et de prêt)new member institution[Repealed, SOR/2002-126, s. 1]regulator meansin respect of a federal member institution, the Superintendent; andin respect of a provincial member institution, the authority whose mandate in respect of the institution under the provincial law governing the institution is comparable to that of the Superintendent in respect of federal member institutions. (organisme de réglementation)Reporting Form means the reporting form set out in Part 2 of Schedule 2. (formulaire de déclaration)Reporting Manual means the Manual of Reporting Forms and Instructions published for deposit-taking institutions by the Superintendent, as amended from time to time. (Recueil des formulaires et des instructions)subsidiary has the same meaning as in section 2 of the Bank Act. (filiale)Unless otherwise provided in this By-law, terms and expressions used in this By-law have the same meaning as in the guidelines for member institutions or in the Reporting Manual.For the purpose of determining the annual premium of a member institution for a premium year, a reference in this By-law to the guidelines for member institutions or the Reporting Manual is a reference to those guidelines or that Reporting Manual as amended up to and including October 31 preceding that premium year.For the purposes of sections 15 and 16 and Schedule 2, a reference, in respect of an amalgamating member institution, to the fiscal year ending in the year preceding the filing year means a reference to the period covered by its audited financial statements prepared as of the day preceding the date of its amalgamation wherethat institution does not have a fiscal year ending in the year preceding the filing year; andthat amalgamation occurred after April 30 of the year preceding the filing year and on or before April 30 of the filing year.A reference in Schedule 2 or Schedule 3 to a multiple or ratio authorized or required in respect of a member institution by its regulator means a multiple or ratio authorized or required by that regulator in the course of the regulator’s duties.[Repealed, SOR/2006-47, s. 1]SOR/2001-299, s. 37; SOR/2002-126, s. 1; SOR/2005-48, s. 1; SOR/2005-116, s. 1; SOR/2006-47, s. 1; SOR/2009-12, s. 1; SOR/2010-307, s. 1; SOR/2015-75, ss. 1, 26(F)SOR/2019-43, s. 1SOR/2020-21, s. 1SOR/2025-117, s. 1
Application
Section 3 applies, for the purpose of subsection 23(1) of the Act, in respect of the calculation of the premium payable by a member institution referred to in that subsection.Sections 4 to 30 apply in respect of the calculation of the annual premium payable by a member institution for a full premium year.SOR/2005-48, s. 2(E)
Annual Premium
For the purpose of paragraph 23(1)(a) of the Act, the annual premium for a member institution referred to in subsection 23(1) is equal to the greater of$5,000, andthe result determined in accordance with the formulaA × B × CwhereAis one third of one per cent, or any smaller proportion of one per cent that is fixed by the Governor in Council under subparagraph 23(1)(b)(ii) of the Act,Bis an amount equal to the sum of the deposits referred to in paragraph 23(1)(b)(ii) of the Act, andCis the percentage set out in column 3 of Schedule 1 for the applicable premium year for premium category 1.SOR/2015-75, s. 2
For the purpose of paragraph 21(1)(a) of the Act, the annual premium for each member institution is equal to the greater of$5,000, andsubject to subsections (1.1) and (2), the result determined in accordance with the formulaA × B × CwhereAis one third of one per cent, or any smaller proportion of one per cent that is fixed by the Governor in Council under paragraph 21(4)(b) of the Act,Bis an amount equal to the sum of the deposits referred to in paragraph 21(4)(b) of the Act, andCis the percentage set out for the applicable premium year in column 3 of an item of Schedule 1 that corresponds to the premium category of the member institution set out in column 1 of that item.If a member institution is reclassified under subsection 5(2), the following formula shall be used to determine the result for the purposes of paragraph (1)(b):(D × (E ÷ H)) + (F × (G ÷ H))whereDis the amount that would be the result under paragraph (1)(b) if C in that paragraph represented the percentage set out in column 3 of an item of Schedule 1 for the premium category, set out in column 1 of the item, in which the member institution was classified before its reclassification;Eis the number of days during the period beginning on May 1 of the filing year and ending on the day before the day on which the member institution has been a member institution for 18 months;His the number of days during the period beginning on May 1 of the filing year and ending on April 30 of the following year;Fis the amount that would be the result under paragraph (1)(b) if C in that paragraph were the percentage set out in column 3 of an item of Schedule 1 for the premium category, set out in column 1 of that item, in which the member institution is reclassified; andGis the number of days during the period beginning on the day on which the member institution has been a member institution for 18 months and ending on April 30 of the year following the filing year referred to in E.If a member institution is reclassified under section 6, the following formula shall be used to determine the result for the purposes of paragraph (1)(b):(D × (E ÷ H)) + (F × (G ÷ H))whereDis the amount that would be the result under paragraph (1)(b) if C in that paragraph represented the percentage set out in column 3 of item 5 of Schedule 1;Eis the number of days during the period beginning on May 1 of the filing year and ending on the day on which the Corporation receives the declaration referred to in paragraph 7(1)(b) or the documents required by subsection 15(1) or section 16 from the member institution;His the number of days during the period beginning on May 1 of the filing year and ending on April 30 of the following year;Fis the amount that would be the result under paragraph (1)(b) if C in that paragraph were the percentage set out in column 3 of an item of Schedule 1 for the premium category, set out in column 1 of that item, in which the member institution is reclassified; andGis the number of days during the period beginning on the day after the day on which the Corporation receives the declaration referred to in paragraph 7(1)(b) or the documents required by subsection 15(1) or section 16 from the member institution and ending on April 30 of the year following the filing year referred to in E.SOR/2000-38, s. 1; SOR/2002-126, s. 2; SOR/2015-75, s. 3SOR/2019-43, s. 2SOR/2025-117, s. 2
For each premium year that begins after April 30, 2021, the reference to “A × B × C” in paragraph 4(1)(b) shall, in respect of a member institution that is required to develop and maintain a resolution plan under section 39.01 of the Act, be read as“(A × B × C) + (B × 0.0125%)” if the resolution plan was partially non-compliant, within the meaning of paragraph 11(4)(b) of the Canada Deposit Insurance Corporation Resolution Planning By-law, as of April 30 of the preceding premium year;“(A × B × C) + (B × 0.025%)” if the resolution plan was materially non-compliant, within the meaning of paragraph 11(4)(c) of that By-law, as of April 30 of the preceding premium year;“(A × B × C) + (B × 0.05%)” if the resolution plan was materially non-compliant, within the meaning of paragraph 11(4)(c) of that By-law, as of April 30 of each of the two preceding premium years; or“(A × B × C) + (B × 0.1%)” if the resolution plan was materially non-compliant, within the meaning of paragraph 11(4)(c) of that By-law, as of April 30 of each of the three preceding premium years.SOR/2019-139, s. 1
Determination of Premium CategoryClassification
The Corporation shall, before July 15 of each premium year, classify every member institution in accordance with sections 7, 8, 8.1 and 12.If an institution has been a member institution for a period of between 6 and 18 months on the day on which it is classified under subsection (1), the Corporation may review its classification and reclassify it in accordance with subsection 8.1(4) once the institution has been a member institution for at least 18 months.SOR/2019-43, s. 3
The Corporation shall review the classification of every member institution that has been classified in premium category 5 in accordance with section 12 if the institution submits to the Corporation on or before April 30 of the year following the filing yearif the institution is an institution described in paragraph 12(1)(a), audited financial statements and a revised Reporting Form or a declaration that the audited financial statements confirm the information set out in the Reporting Form and no modifications are required to be made to the Reporting Form or to the returns and documents referred to in paragraphs 15(1)(c) and (e) as previously submitted; andif the institution is an institution described in paragraph 12(1)(b), the declaration referred to in paragraph 7(1)(b) or the documents required by paragraphs 15(1)(a) to (c) and (e) or section 16.The Corporation shall reclassify in accordance with sections 7, 8 or 8.1, as the case may be, a member institution referred to in subsection (1) if, based on the documents referred to in that subsection, such a reclassification is warranted.SOR/2000-38, s. 2(F); SOR/2002-126, s. 3; SOR/2015-75, s. 4SOR/2019-43, s. 4SOR/2025-117, s. 3
New Member Institutions
A member institution shall be classified, subject to sections 8.1 and 12, in premium category 1, ifthe member institution has been operating as a member institution for less than two fiscal years consisting of at least 12 months each, determined as of the end of the fiscal year ending in the year preceding the filing year; andnot later than April 30 of the filing year, the member institution provides the Corporation with a declaration confirming that the member institution meets the condition referred to in paragraph (a).Subsection (1) does not apply to a member institution thatis a subsidiary of another member institution; orhas a subsidiary that is a member institution that has been operating for at least two fiscal years consisting of at least 12 months each, determined as of the end of the subsidiary’s fiscal year ending in the year preceding the filing year.A member institution that is a bridge institution shall be classified in premium category 1.For the purpose of this section, if a member institution is formed by an amalgamation involving one or more member institutions, the amalgamated member institution shall be considered to have started operating on the same day as the amalgamating member institution that has been operating for the longest period of time.[Repealed, SOR/2019-43, s. 5]SOR/2002-126, s. 4; SOR/2010-4, s. 1; SOR/2010-307, s. 3SOR/2019-43, s. 5
Evaluation
A member institution to which sections 7 and 8.01 do not apply shall be classified, subject to sections 8.1 and 12, in the premium category set out in column 1 of Schedule 1 that corresponds to the total score for the institution determined in accordance with section 9, 10 or 11, as the case may be, and set out in column 2.SOR/2002-126, s. 4SOR/2019-43, s. 6
A member institution that is a subsidiary of another member institution shall be classified, subject to sections 8.1 and 12,if it is a subsidiary of a member institution classified under subsection 7(1),in the same premium category in which the member institution of which it is a subsidiary would have been classified if sections 8.1 and 12 did not apply, orif the subsidiary has been operating as a member institution for at least two fiscal years consisting of at least 12 months each, determined as of the end of the subsidiary’s fiscal year ending in the year preceding the filing year, in the premium category set out in column 1 of Schedule 1 that corresponds to the total score for the subsidiary determined in accordance with section 9 or 11, as the case may be, and set out in column 2; orin any other case, in the same premium category in which the member institution of which it is a subsidiary would have been classified if sections 8.1 and 12 did not apply.SOR/2019-43, s. 6
A member institution, other than one classified in accordance with section 7 or subparagraph 8.01(a)(i), that was not in all material respects compliant with the Data Requirements By-law as of April 30 of the preceding premium year shallif it would otherwise be classified in premium category 1 for the premium year in question, be classified in premium category 2;if it would otherwise be classified in premium category 2 for the premium year in question, be classified in premium category 3;if it would otherwise be classified in premium category 3 for the premium year in question, be classified in premium category 4; andif it would otherwise be classified in premium category 4 or 5 for the premium year in question, be classified in premium category 5.A member institution, other than one classified in accordance with section 7 or subparagraph 8.01(a)(i), that was not in all material respects compliant with the Data Requirements By-law as of April 30 of each of the two preceding premium years shallif it would otherwise be classified in premium category 1 or 2 for the premium year in question, be classified in premium category 3; andif it would otherwise be classified in premium category 3, 4 or 5 for the premium year in question, be classified in premium category 5.A member institution, other than one classified in accordance with section 7 or subparagraph 8.01(a)(i), that was not in all material respects compliant with the Data Requirements By-law as of April 30 of each of the three preceding premium years shall be classified in premium category 5.A member institution that would otherwise be classified in accordance with section 7 or subparagraph 8.01(a)(i), that has been a member institution for at least 18 months and that is not in all material respects compliant with the Data Requirements By-law shallif it would otherwise be classified in premium category 1 for the premium year in question, be classified in premium category 2;if it would otherwise be classified in premium category 2 for the premium year in question, be classified in premium category 3;if it would otherwise be classified in premium category 3 for the premium year in question, be classified in premium category 4; andif it would otherwise be classified in premium category 4 or 5 for the premium year in question, be classified in premium category 5.SOR/2010-307, s. 4; SOR/2017-22, s. 1; SOR/2018-8, s. 1SOR/2019-43, s. 7SOR/2025-117, s. 4
[Repealed, SOR/2017-22, s. 2]
In order to determine the total score of a member institution, other than a member institution referred to in section 10 or subsection 11(1), the Corporation shall add together the institution’s scores for quantitative factors assigned under sections 21 to 27 — or, in the case of a member institution that is a Category III SMSB, those scores multiplied by one and one-third — and its scores for qualitative factors and criteria assigned under sections 28 and 30.SOR/2006-47, s. 2SOR/2025-117, s. 5
Subject to subsection 11(4), if a member institution that started operating as a member institution after April 30 of the year preceding the filing year would be classified in premium category 1 in accordance with section 7 if it did not have any subsidiaries of the type described in paragraph 7(2)(b), the Corporation shall assign to that institution the highest of the total scores assigned to each of its subsidiaries thaton the day preceding the day that the institution started to operate as a member institution was not a subsidiary of another member institution; andis not a subsidiary of another member institution.SOR/2002-126, s. 5SOR/2019-43, s. 8
In order to determine the total score of a member institution formed by an amalgamation involving one or more member institutions that occurred after April 30 of the year preceding the filing year and on or before April 30 of the filing year, the Corporation shall add together the score assigned to the amalgamated member institution in respect of quantitative factors under subsection (2) and the score assigned to that institution in respect of qualitative factors and criteria under subsection (3).The following score shall be assigned to an amalgamated member institution referred to in subsection (1) in respect of quantitative factors:where the amalgamated member institution has a fiscal year ending in the year preceding the filing year, the sum of the scores assigned to that institution under sections 21 to 27 or, in the case of a member institution that is a Category III SMSB, the sum of those scores multiplied by one and one-third; andwhere the amalgamated member institution does not have a fiscal year ending in the year preceding the filing year,if only one of the amalgamating institutions is a member institution, the sum of the scores assigned to that member institution under sections 21 to 27 or, if that member institution is a Category III SMSB, the sum of those scores multiplied by one and one-third, andif two or more of the amalgamating institutions are member institutions, the highest of the sums of the scores assigned under sections 21 to 27 to each of those member institutions that is not a Category III SMSB and the sums of the scores — multiplied by one and one-third — assigned under sections 21 to 27 to each of those member institutions that is a Category III SMSB.The score assigned to an amalgamated member institution referred to in subsection (1) in respect of qualitative factors and criteria shall consist of the sum ofthe score assigned to it under section 28 or, if no score can be assigned to it under that section, the score that would have been assigned under section 28 to the amalgamating member institution whose score in respect of quantitative factors was used to determine the score of the amalgamated member institution in respect of those factors for the purpose of subsection (2), if that section applied to that amalgamating member institution, and[Repealed, SOR/2006-47, s. 3]the score assigned to the amalgamated member institution under section 30.Where section 10 and this section both apply in respect of a member institution, this section shall prevail.SOR/2006-47, s. 3SOR/2025-117, s. 6
A member institution shall be classified in premium category 5 if ithas submitted a Reporting Form in accordance with paragraph 15(4)(a) or 16(2)(a), as the case may be, but has not, before July 1 of the filing year, submitted audited financial statements and a revised Reporting Form or a declaration that the audited financial statements confirm the information set out in the Reporting Form and no modifications are required to be made to the Reporting Form or to the returns and documents referred to in paragraphs 15(1)(c) and (e), as previously submitted; orhas not, by April 30 of the filing year, submitted the declaration referred to in paragraph 7(1)(b) or the documents required by paragraphs 15(1)(a) to (c) and (e) or section 16.[Repealed, SOR/2019-43, s. 9]Subsection (1) does not apply to a member institution referred to in subsection 7(2.1).SOR/2002-126, s. 6; SOR/2010-4, s. 2; SOR/2015-75, s. 5; SOR/2017-22, s. 3SOR/2019-43, s. 9SOR/2025-117, s. 7
[Repealed, SOR/2002-126, s. 7]
Notification
The Corporation shall, not later than July 15 of each premium year, notify every member institution of the premium category in which it has been classified under this By-law for that premium year.If the Corporation reviews the classification of a member institution based on information in respect of the institution that has come to its attention, including new or supplementary information submitted by the institution, and, as a result of that review, classifies the institution in a different premium category, the Corporation shall as soon as feasible notify the institution of that change.[Repealed, SOR/2015-75, s. 6]SOR/2010-307, s. 5; SOR/2015-75, s. 6
Filing of Quantitative Information
Subject to section 17, every member institution shall submit to the Corporation, not later than April 30 of every year,the Reporting Form, completed in accordance with the instructions set out in the Form;a list of its subsidiaries that are member institutions;the Basel III Capital Adequacy Reporting – Credit, Market and Operational Risk return, set out on the website of the Office of the Superintendent of Financial Institutions, completed in accordance with the guidelines for member institutions, as of the end of each of its two preceding fiscal years, that is, as of the end of the fiscal year ending in the year preceding the filing year and the end of the fiscal year ending in the second year preceding the filing year, unless the return has been previously submitted to the Corporation;[Repealed, SOR/2015-75, s. 7]the following documents set out in the Reporting Manual, namely,the Consolidated Statement of Comprehensive Income, Retained Earnings and AOCI, completed in accordance with that Manual, for its preceding fiscal year,the Return of Allowances for Expected Credit Losses, completed in accordance with that Manual as of the end of its preceding fiscal year,the Consolidated Monthly Balance Sheet, completed in accordance with that Manual as of the end of its preceding fiscal year,Section III of the Mortgage Loans Report, completed in accordance with that Manual as of the end of its preceding fiscal year, andthe Non-Mortgage Loans Report, completed in accordance with that Manual as of the end of its preceding fiscal year, and[Repealed, SOR/2018-8, s. 2]the audited financial statements on which the information provided in the Reporting Form and the returns and documents referred to in paragraphs (c) and (e) are based, unless those financial statements have been submitted to the Corporation under the Canada Deposit Insurance Corporation Deposit Insurance Policy By-law.Every member institution that is a domestic systemically important bank shall submit to the Corporation, not later than April 30 of every year, the Pledging and REPOS Report, completed in accordance with the Reporting Manual as of the end of its preceding fiscal year.The information provided by a member institution in the Reporting Form and in the returns and documents referred to in paragraphs (1)(c) and (e) mustbe based on audited financial statements prepared as of the end of the applicable fiscal year;be consistent with the financial statements referred to in paragraph (a); andbe based on consolidated financial information as of the end of the applicable fiscal year.Unless otherwise provided in this By-law, financial information that is provided under this By-law shall be prepared in accordance with the International Financial Reporting Standards established by the International Accounting Standards Board, the primary source of which is, in Canada, the CPA Canada Handbook – Accounting.If the audited financial statements referred to in paragraph (1)(f) have not been issued by April 30 of the filing year, the member institution shallcomplete the Reporting Form and the returns and documents referred to in paragraphs (1)(c) and (e) based on its unaudited financial statements and submit them to the Corporation within the time required by subsection (1); andnot later than July first of the filing year, submit to the Corporation its audited financial statements andprovide the Corporation with a declaration that the audited financial statements confirm the information that was previously provided and that no modifications are required to be made to the Reporting Form or to the returns and documents referred to in paragraphs (1)(c) and (e) as previously submitted, orsubmit a revised Reporting Form and the returns and documents referred to in paragraphs (1)(c) and (e) in revised form if they have been revised to conform with the audited financial statements.SOR/2005-48, s. 3; SOR/2007-26, s. 1; SOR/2009-12, s. 2; SOR/2010-4, s. 3; SOR/2015-75, ss. 7, 26(F); SOR/2018-8, s. 2SOR/2024-45, s. 1
Notwithstanding section 15 and subject to section 18, a member institution that has been formed by an amalgamation involving one or more member institutions that occurred after April 30 of the year preceding the filing year and on or before April 30 of the filing year and that does not have a fiscal year ending in the year preceding the filing year shall submit to the Corporation not later than April 30 of the filing year a list of its subsidiaries that are member institutions andfor each amalgamating member institution that has a fiscal year ending in the year preceding the filing year, the documents referred to in subsection 15(1) other than the list referred to in paragraph 15(1)(b); andfor each amalgamating member institution that does not have a fiscal year ending in the year preceding the filing yearits audited financial statements prepared as of the day preceding the date of amalgamation, andthe Reporting Form and the returns referred to in paragraph 15(1)(c) and the documents referred to in paragraph 15(1)(e), which returns and documents must consist of information that is based on and consistent with the audited financial statements referred to in subparagraph (i), and must be based on consolidated financial information as of the day preceding the date of amalgamation.If an amalgamating member institution referred to in subsection (1) has not issued audited financial statements by April 30 of the filing year, the amalgamated member institution shall submit to the Corporation for that amalgamating member institutionwithin the time required by subsection (1), the Reporting Form and the returns and documents required to be submitted by that subsection, which returns and documents must consist of information that is based on that institution’s unaudited financial statements; andnot later than July first of the filing year, that institution’s audited financial statements andprovide the Corporation with a declaration that the audited financial statements confirm the information that was previously provided and that no modifications are required to be made to the Reporting Form or to the returns and documents referred to in paragraphs 15(1)(c) and (e) as previously submitted, orsubmit a revised Reporting Form and the returns and documents referred to in paragraphs 15(1)(c) and (e) in revised form if they have been revised to conform with the audited financial statements.SOR/2015-75, ss. 8, 26(F)
Section 15 does not apply to a member institutionthat is a member institution classified in accordance with subsection 7(1) or (2.1);that is a subsidiary of another member institution, unless it is a subsidiary described in paragraphs 10(a) and (b) and a total score is assigned to that other member institution in accordance with section 10; orto which a total score is assigned in accordance with section 10.SOR/2005-48, s. 4; SOR/2010-4, s. 4; SOR/2010-307, s. 6; SOR/2015-75, s. 9
Section 16 does not apply to a member institution thatis a member institution classified in accordance with subsection 7(1) or (2.1); oris a subsidiary of another member institution.SOR/2005-48, s. 5; SOR/2010-4, s. 5
[Repealed, SOR/2021-28, s. 1]
Quantitative Factors
The Corporation shall review the Reporting Form and other documents submitted by a member institution under section 15 or 16, and shall, where the Reporting Form and other documents have not been completed in accordance with this By-law, make whatever adjustments are necessary.If the Corporation makes an adjustment to the Reporting Form under subsection (1), it shall use the adjusted Reporting Form for the purpose of assigning scores under sections 21 to 27.SOR/2020-21, s. 2
The Corporation shall assign to each member institutionif it is not a Category III SMSB, the sum of the scores set out in columns 2 and 4 of Part 1 of Schedule 3 that correspond, respectively, to the descriptions set out in columns 1 and 3 of that Part that apply to the results obtained for that institution in respect of elements 1.1 to 1.5 of item 1 of the Reporting Form; andif it is a Category III SMSB, the sum of the scores set out in column 4 of Part 1 of Schedule 3 that correspond to the descriptions set out in column 3 of that Part that apply to the results obtained for that institution in respect of elements 1.3 to 1.5 of item 1 of the Reporting Form.SOR/2015-75, s. 10SOR/2020-21, s. 3SOR/2025-117, s. 8
The Corporation shall compare the result obtained for a member institution in respect of the factor in item 2 of the Reporting Form with the range of results set out for that factor in column 2 of item 4 of Part 2 of Schedule 3 and shall assign to the institution the score set out in column 3 of that item that corresponds to that institution’s result.Subsection (1) does not apply in respect of a member institution that is a Category III SMSB.SOR/2025-117, s. 9
Subject to section 27, the Corporation shall compare the results obtained for a member institution in respect of each of the factors in items 3 and 4 of the Reporting Form with the range of results set out for those factors in items 5 and 6, respectively, in column 2 of Part 2 of Schedule 3 and shall assign to the institution the scores set out in column 3 of each of those items that correspond to that institution’s results, respectively.For the purpose of subsection (1), if an amalgamated member institution formed by an amalgamation involving only one member institution has been operating as a member institution for less than three fiscal years consisting of at least 12 months each, the scores assigned to the amalgamated member institution shall be based on the results obtained for the institution using the financial informationof the amalgamated member institution for the fiscal years during which it has been operating as a member institution; andof the amalgamating member institution for the other applicable fiscal years.SOR/2005-48, s. 6(E)
The Corporation shall compare the results obtained for a member institution in respect of each of the factors in items 5 and 6 of the Reporting Form with the range of results set out for those factors in column 2 of items 7 and 8, respectively, of Part 2 of Schedule 3 and shall assign to the institution the scores set out in column 3 of each of those items that correspond to that institution’s results, respectively.SOR/2005-48, s. 7
Subject to section 27, the Corporation shall compare the result obtained for a member institution in respect of the factor in item 7 of the Reporting Form with the range of results set out for that factor in column 2 of item 9 of Part 2 of Schedule 3 and shall assign to the institution the score set out in column 3 of that item that corresponds to that institution’s result.For the purpose of subsection (1), if an amalgamated member institution formed by an amalgamation involving only one member institution has been operating as a member institution for less than four fiscal years consisting of at least 12 months each, the score assigned to the amalgamated member institution shall be based on the result obtained for the institution using the financial informationof the amalgamated member institution for the fiscal years during which it has been operating as a member institution; andof the amalgamating member institution for the other applicable fiscal years.SOR/2005-48, s. 7
The Corporation shall assign the score for the factor in item 8 of the Reporting Form to a member institution that is not a domestic systemically important bank as follows:if the result of the threshold formula in item 8 of the Reporting Form is less than 10 per cent, the score to be assigned is 5; andif the result of the threshold formula in item 8 of the Reporting Form is equal to or greater than 10 per cent, the score to be assigned is the lowest of the scores set out for a type of mortgage loan in column “E” of an item of Table 8 to item 8 of the Reporting Form.SOR/2015-75, s. 11
The Corporation shall assign the score for the factor in item 8-1 of the Reporting Form to a member institution that is a domestic systemically important bank as follows:if the result of the threshold formula in element 8-1.1 of the Reporting Form is equal to or less than 100 per cent, the score to be assigned is 5; andif the result of the threshold formula in element 8-1.1 of the Reporting Form is greater than 100 per cent, the score to be assigned is3, if the result of the formula in element 8-1.2 is less than 50 per cent; and0, if the result of the formula in element 8-1.2 is equal to or greater than 50 per cent.SOR/2015-75, s. 12; SOR/2016-11, s. 1
The Corporation shall assign the score to a member institution for the factor in item 9 of the Reporting Form as follows:if the result of the threshold formula in item 8 of the Reporting Form is greater than 90 per cent, the score to be assigned is 5; andif the result of the threshold formula in item 8 of the Reporting Form is equal to or less than 90%, the Corporation shall compare the results obtained for the member institution in respect of that factor with the range of results set out for that factor in column 2 of item 12 of Part 2 of Schedule 3 and shall assign to the institution the score set out in column 3 of that item that corresponds to that institution’s results, respectively.SOR/2018-8, s. 3
If a member institution has been operating as a member institution for less than five fiscal years consisting of at least 12 months each, the combined score in respect of the factors in items 3, 4 and 7 of the Reporting Form shall be determined in accordance with the formula(A ÷ 45) × 15whereAis the sum of the scores assigned to the member institution under sections 21, 22, 24, 25 and 26.If an amalgamated member institution formed by an amalgamation involving two or more member institutions has been operating as a member institution for less than three fiscal years consisting of a least 12 months each, the combined score in respect of the factors in items 3, 4 and 7 of the Reporting Form shall be determined in accordance with subsection (1).If a member institution has been operating as a member institution for five fiscal years consisting of at least 12 months each, the score in respect of the factors in item 7 of the Reporting Form shall be determined in accordance with the formula(A ÷ 55) × 5whereAis the sum of the scores assigned to the member institution under sections 21, 22, 23, 24, 25 and 26.If an amalgamated member institution formed by an amalgamation involving two or more member institutions has been operating as a member institution for three fiscal years consisting of at least 12 months each, the score in respect of the factors in item 7 of the Reporting form shall be determined in accordance with subsection (3).SOR/2002-126, s. 8; SOR/2005-48, s. 8
Qualitative Factors and CriteriaExaminer’s Rating
For the purposes of this section, examiner’s rating in respect of a member institution means the rating on a scale of one to five that is assigned to the institution by the examiner in the course of carrying out the examiner’s duties.Subject to subsection (3), the Corporation shall assign to each member institution the score set out in column 2 of an item of Schedule 4 that corresponds to the examiner’s rating for the institution set out in column 1 of that item, which rating is the most recent of the following ratings that is available to the Corporation, namely,the examiner’s rating as of April 30 of the filing year;the most recent examiner’s rating assigned to the institution during the period beginning on May 1 of the year preceding the filing year and ending on April 29 of the filing year; andthe examiner’s rating used for the evaluation of the member institution for the preceding premium year.If none of the examiner’s ratings referred to in subsection (2) are available to the Corporation for the member institution, the score to be assigned for the purposes of that subsection shall be the result determined in accordance with the formula(A ÷ 60) × 35whereAis the sum of the scores assigned to the member institution under sections 21 to 27.SOR/2004-57, s. 1; SOR/2006-47, s. 4; SOR/2007-26, s. 2(E)SOR/2020-21, s. 4
[Repealed, SOR/2006-47, s. 5]
[Repealed, SOR/2005-116, s. 2]
Other Information
In this section, supervisory authority means an examiner, a regulator, any foreign authority that monitors the activities of financial institutions and a securities commission, a stock exchange or any other similar authority.The Corporation shall, based on information about the safety, soundness, financial condition and viability of each member institution, including such information that is produced by supervisory authorities, rating agencies, industry analysts or other experts, that has come to the attention of the Corporation, including information about the affiliates of the member institution, assign to the institution a score of5 if, as of April 30 of the filing year, no information has come to its attention about circumstances that represent a threat to or compromise the safety, soundness, financial condition or viability of the institution;3 if, as of April 30 of the filing year, information has come to its attention about circumstances that represent a threat to the safety, soundness, financial condition or viability of the institution; and0 if, as of April 30 of the filing year, information has come to its attention about circumstances that compromise the safety, soundness, financial condition or viability of the institution.
Coming into Force
This By-law comes into force on March 31, 1999.
(Paragraphs 3(b) and 4(1)(b), subsections 4(1.1) and (2), section 8 and subparagraph 8.01(a)(ii))Premium CategoriesColumn 1Column 2Column 3ItemPremium CategoryTotal ScorePercentagePremium Years Beginning in or After 202511≥ 9022.5%22≥ 80 and < 9027%33≥ 65 and < 8040.5%44≥ 50 and < 6572.9%55< 50100%
SOR/2015-75, s. 13; SOR/2017-22, s. 4; SOR/2018-8, s. 4SOR/2019-43, s. 10SOR/2025-117, s. 10(Sections 1, 6, 12, 15, 16 and 20 to 27)InterpretationThe following definitions apply in this Schedule:Guidelines meansin the case of a bank or a federal credit union, the Guidelines for Banks; andin the case of any other member institution, the Guidelines for Trust and Loan Companies. (Lignes directrices)regulated deposit-taking institution means an entity that is supervised or regulated by a Canadian or foreign financial services or banking regulator and is authorized to accept deposits from the public. (institution de dépôt réglementée)For the purposes of item 7 of the Reporting Form, the value of assets acquired by a member institution, as a result of a merger or an acquisition described in that item, is the value of the assets on the date of their acquisition as reported in the consolidated financial statements of the member institution.Reporting Form1 CAPITAL ADEQUACY MEASURESA member institution that is a Category III SMSB is not required to complete elements 1.1 and 1.2.Refer to the Leverage Requirements Return (LRR) and Basel III Capital Adequacy Reporting – Credit, Market and Operational Risk (BCAR) form, Reporting Manual, completed in accordance with that Manual as of the end of the fiscal year ending in the year preceding the filing year.1.1 Leverage Ratio (%)Indicate the leverage ratio (%) as set out in Section 1 – Leverage Ratio Calculation of the LRR.1.1 %1.2 Authorized Leverage Ratio (%)Indicate the authorized leverage ratio (%) as set out in Section 1 – Leverage Ratio Calculation of the LRR.1.2 %1.3 Tier 1 Capital Ratio (%)Indicate the Tier 1 capital ratio (%) as set out in Schedule 10.010 – Ratio Calculations of the BCAR form.1.3 %1.4 Minimum Tier 1 Capital RatioIndicate the minimum Tier 1 capital ratio as set by the regulator for the member institution in accordance with the Capital Adequacy Requirements guideline of the Guidelines, but if a different minimum Tier 1 capital ratio has been set by the regulator by written notice sent to the member institution, indicate that ratio instead.1.4 %1.5 Supervisory Target Tier 1 Capital RatioIndicate the supervisory target Tier 1 capital ratio (including the capital conservation buffer and domestic systemically important bank surcharge as applicable) as set by the regulator for the member institution in accordance with the Capital Adequacy Requirements guideline of the Guidelines, but if a different supervisory target Tier 1 capital ratio has been set by the regulator by written notice sent to the member institution, indicate that ratio instead.1.5 %
2 RETURN ON RISK-WEIGHTED ASSETS (%)A member institution that is a Category III SMSB is not required to complete item 2.Formula:Multiply by 100 the result of the following: net income or loss divided by the result of dividing by 2 the sum of the adjusted risk-weighted assets as of the end of the preceding fiscal year and the adjusted risk-weighted assets as of the end of the fiscal year ending in the second year preceding the filing year.Complete the following:2.1 — — — —( 2.2 — — — — + 2.3 — — — — ) / 2 × 100 = 2 %ElementsUse the instructions below to arrive at the elements of the formula.Refer to the following documents:the Consolidated Statement of Comprehensive Income, Retained Earnings and AOCI, Reporting Manual, completed in accordance with that Manual as of the fiscal year ending in the year preceding the filing year; andthe Basel III Capital Adequacy Reporting — Credit, Market and Operational Risk (BCAR) form, Reporting Manual, completed in accordance with that Manual as of the end of the fiscal year ending in the year preceding the filing year.2.1 Net Income or LossThe net income or loss attributable to equity holders and non-controlling interests (the latter to be reported as a negative number) as set out in the Consolidated Statement of Comprehensive Income, Retained Earnings and AOCI.2.2 Adjusted Risk-Weighted Assets as of the End of the Fiscal Year Ending in the Year Preceding the Filing YearIndicate the adjusted risk-weighted assets as set out in Schedule 10.010 – Ratio Calculations of the BCAR form.2.3 Adjusted Risk-Weighted Assets as of the End of the Fiscal Year Ending in the Second Year Preceding the Filing YearIndicate the adjusted risk-weighted assets as of the end of the fiscal year ending in the second year preceding the filing year, calculated in the same manner as for element 2.2.If the member institution does not have a fiscal year ending in the second year preceding the filing year, it must indicate “zero”, unless it is an amalgamated institution described below.If the member institution is an amalgamated member institution formed by an amalgamation involving one or more member institutions and does not have a fiscal year ending in the second year preceding the filing year, it must indicate the same amount as for element 2.2.
3 MEAN ADJUSTED NET INCOME VOLATILITYIf a member institution has been operating as a member institution for less than five fiscal years consisting of at least 12 months each (with the last fiscal year ending in the year preceding the filing year), it must indicate “N/A” (“not applicable”) for elements 3, 3.1, 3.2 and 3.13 and fill in any of elements 3.3 to 3.12 that apply to it.If a member institution has been operating as a member institution for five or more fiscal years but less than 10 fiscal years consisting of at least 12 months each (with the last fiscal year of operation ending in the year preceding the filing year), it must complete the formula using the fiscal years during which it has been operating with the appropriate adjustment to the value of “n”.If a member institution formed by an amalgamation involving only one member institution has been operating as a member institution for less than three fiscal years consisting of at least 12 months each (with the last fiscal year ending in the year preceding the filing year), in addition to filling in the applicable elements as an amalgamated member institution, it must also fill in the applicable elements for the amalgamating member institution.If a member institution formed by an amalgamation involving two or more member institutions has been operating as a member institution for less than three fiscal years consisting of at least 12 months each (with the last fiscal year ending in the year preceding the filing year), it must indicate “N/A” (“not applicable”) for elements 3, 3.1, 3.2 and 3.13 and fill in any of elements 3.3 to 3.12 that apply to it.Formula:Standard deviation of the net income or lossMean net income or lossComplete the following:3.1 — — — —3.2 — — — — = 3 ElementsUse the instructions below to arrive at the elements of the formula.3.1 Standard deviation of the Net Income or LossDetermine the standard deviation of the net income or loss using the formulaThe Square root of the result of the sum of each of the following subtraction formulas which sum result is divided by n minus 1: 3.3 minus 3.2 squared plus 3.4 minus 3.2 squared plus /3.5 minus 3.2 squared plus/ 3.6 minus 3.2 squared plus 3.7 minus 3.2 squared /plus 3.8 minus 3.2 squared plus 3.9 minus 3.2 squared plus 3.10 minus 3.2 squared plus 3.11 minus 3.2 squared plus 3.12 minus 3.2 squared/.If a member institution has been operating as a member institution for 12 or more fiscal years consisting of at least 12 months each, “n” will be equal to 10.If a member institution has been operating as a member institution for seven or more but less than 12 fiscal years consisting of at least 12 months each, for each year that it is not operating the portion of the formula in the numerator referencing that year would be removed and “n” will be equal to the number of years that it has been so operating less 2 (e.g, if operating for 11 years, remove “(3.12 – 3.2)2” from the numerator and “n” will be equal to 9).If a member institution has been operating as a member institution for six fiscal years consisting of at least 12 months each, “+ (3.7 – 3.2)2 + (3.8 – 3.2)2 + (3.9 – 3.2)2 + (3.10 – 3.2)2 + (3.11 – 3.2)2 + (3.12 – 3.2)2” must be removed from the formula and “n” will be equal to 4.If a member institution has been operating as a member institution for five fiscal years consisting of at least 12 months each, “+ (3.6 – 3.2)2 + (3.7 – 3.2)2 + (3.8 – 3.2)2 + (3.9 – 3.2)2 + (3.10 – 3.2)2 + (3.11 – 3.2)2 + (3.12 – 3.2)2” must be removed from the formula and “n” will be equal to 3.3.2 Mean Net Income or LossDetermine the mean net income or loss (the latter to be reported as a negative number) using the formula(3.3 + 3.4 + 3.5 + 3.6 + 3.7 + 3.8 + 3.9 + 3.10 + 3.11 + 3.12)nIf a member institution has been operating as a member institution for 12 or more fiscal years consisting of at least 12 months each, “n” will be equal to 10.If a member institution has been operating as a member institution for seven or more but less than 12 fiscal years consisting of at least 12 months each, the portion of the formula in the numerator referencing the years that it was not operating is to be removed and “n” will be equal to the number of years that it has been so operating less 2 (e.g., if operating for 11 years, “+ 3.12” is removed from the numerator and “n” will be equal to 9).If a member institution has been operating as a member institution for six fiscal years consisting of at least 12 months each, “+ 3.7 + 3.8 + 3.9 + 3.10 + 3.11 + 3.12” must be removed from the formula and “n” will be equal to 4.If a member institution has been operating as a member institution for five fiscal years consisting of at least 12 months each, “+ 3.6 + 3.7 + 3.8 + 3.9 + 3.10 + 3.11 + 3.12” must be removed from the formula and “n” will be equal to 3.Net income or loss (the latter to be reported as a negative number) after tax for each of the last 10 fiscal years.Indicate the net income or loss as determined for element 2.1 for the fiscal year ending in the year preceding the filing year. 3.3 Indicate the net income or loss after tax from the audited financial statements for the fiscal year preceding the fiscal year referred to in element 3.3. 3.4 Indicate the net income or loss after tax from the audited financial statements for the fiscal year preceding the fiscal year referred to in element 3.4. 3.5 Indicate the net income or loss after tax from the audited financial statements for the fiscal year preceding the fiscal year referred to in element 3.5. 3.6 Indicate the net income or loss after tax from the audited financial statements for the fiscal year preceding the fiscal year referred to in element 3.6. 3.7 Indicate the net income or loss after tax from the audited financial statements for the fiscal year preceding the fiscal year referred to in element 3.7. 3.8 Indicate the net income or loss after tax from the audited financial statements for the fiscal year preceding the fiscal year referred to in element 3.8. 3.9 Indicate the net income or loss after tax from the audited financial statements for the fiscal year preceding the fiscal year referred to in element 3.9. 3.10 Indicate the net income or loss after tax from the audited financial statements for the fiscal year preceding the fiscal year referred to in element 3.10. 3.11 Indicate the net income or loss after tax from the audited financial statements for the fiscal year preceding the fiscal year referred to in element 3.11. 3.12 Indicate the number of fiscal years that the member institution has been operating as a member institution (if less than 12).A member institution must report net income or loss for the last 10 fiscal years.If a member institution has been operating as a member institution for less than three fiscal years of at least 12 months each and it is a member institution formed by an amalgamation involving only one member institution, it must report the net income or loss of the amalgamating member institution for the three fiscal years or less preceding the amalgamation, as applicable.If a member institution has been operating as a member institution for less than five fiscal years of at least 12 months each, it must report “N/A” (“not applicable”) for the elements corresponding to the fiscal years for which it was not operating as a member institution.
4 STRESS-TESTED NET INCOMEIf a member institution has reported “N/A” (“not applicable”) in element 3.13, it must report “N/A” for elements 4A, 4B and 4.3.Formulas:(Net income or loss) – (1 × Standard deviation of the net income or loss) = Stress-tested net income using one standard deviation(Net income or loss) – (2 × Standard deviation of the net income or loss) = Stress-tested net income using two standard deviationsComplete the following:Stress-tested net income using one standard deviation:4.1 – (1 × 4.2) = 4A Stress-tested net income using two standard deviations:4.1 – (2 × 4.2 ) = 4BElementsUse the instructions below to arrive at the elements of the formulas.4.1 Net Income or LossNet income or loss as determined for element 2.1.4.2 Standard deviation of the Net Income or LossThe standard deviation of the net income or loss as determined for element 3.1.
5 EFFICIENCY RATIO (%)Formula:Total non-interest expensesNet interest income + Non-interest income × 100Complete the following:5.1 — — — —5.2 — — — — + 5.3 — — — — × 100 = 5 %ElementsUse the instructions below to arrive at the elements of the formula.Refer to the Consolidated Statement of Comprehensive Income, Retained Earnings and AOCI, Reporting Manual, completed in accordance with that Manual for the fiscal year ending in the year preceding the filing year.5.1 Total Non-Interest ExpensesIndicate the total non-interest expenses, as set out in the Consolidated Statement of Comprehensive Income, Retained Earnings and AOCI, less any charges for impairment included in that total.5.2 Net Interest IncomeDetermine the net interest income by adding (a) and (b):Net interest income as set out in the Consolidated Statement of Comprehensive Income, Retained Earnings and AOCITaxable equivalent adjustment (if any)Total (insert as element 5.2 of the formula)5.3 Non-Interest IncomeDetermine the non-interest income by adding (a) and (b):Non-interest income as set out in the Consolidated Statement of Comprehensive Income, Retained Earnings and AOCITaxable equivalent adjustment (if any)Total (insert as element 5.3 of the formula)
6 NET IMPAIRED ASSETS TO TOTAL CAPITAL (%)Formula:Net impaired on-balance sheet assets + Net impaired off-balance sheet assetsTotal Capital × 100Complete the following:6.1 — — — — + 6.2 — — — —6.3 — — — — × 100 = 6 %ElementsUse the instructions below to arrive at the elements of the formula.Refer to the following documents:the Return of Allowances for Expected Credit Losses, Reporting Manual, completed in accordance with that Manual as of the end of the fiscal year ending in the year preceding the filing year; andthe Basel III Capital Adequacy Reporting — Credit, Market and Operational Risk (BCAR) form, Reporting Manual, completed in accordance with that Manual as of the end of the fiscal year ending in the year preceding the filing year.6.1 Net Impaired On-Balance Sheet AssetsIndicate the net impaired on-balance sheet assets as set out for the total of the column “Net Impaired Amount” in the Return of Allowances for Expected Credit Losses. If the result is negative, report “zero”.6.2 Net Impaired Off-Balance Sheet AssetsCalculate the net impaired off-balance sheet assets by subtracting the total of the column “Individual allowance for expected credit losses” in Table 6A from the total of the column “Credit equivalent amount” in that Table. If the result is negative, report “zero”.6.3 Total CapitalIndicate the total capital set out in Schedule 10.010 – Ratio Calculations of the BCAR form.
Table 6A — Impaired Off-balance Sheet AssetsComplete Table 6A as of the end of the fiscal year ending in the year preceding the filing year, referring to Schedule 10.050 – Off-balance Sheet Exposures Excluding Derivatives and Securitization Exposures and Schedule 70.030 – Derivative Contracts of the BCAR form and to the Capital Adequacy Requirements guideline of the Guidelines.Impaired InstrumentsNotional principal amountaCredit conversion factorbCredit equivalent amount(a × b)Individual allowance for expected credit lossesDirect credit substitutes – excluding credit derivatives100%Direct credit substitutes – credit derivatives100%Transaction-related contingencies50%Short-term self-liquidating trade-related contingencies20%Sale & repurchase agreements100%Forward asset purchases100%Forward forward deposits100%Partly paid shares and securities100%NIFs & RUFs50%Undrawn commitments – excluding securitization exposureStandardized Approach10%25%40%Advanced IRB Approach******Impaired OTC Derivative ContractsCredit derivative contracts*Interest rate contracts*Foreign exchange contracts*Equity-linked contracts*Commodity contracts*Other contracts*Total Use these totals to calculate element 6.2
Fill in the totals from Table 6B.Refer to the Capital Adequacy Requirements guideline of the Guidelines to determine the applicable credit conversion factor.Table 6B — Impaired OTC Derivative ContractsComplete Table 6B as of the end of the fiscal year ending in the year preceding the filing year, referring to Schedule 70.030 – Derivative Contracts of the BCAR form and to the Capital Adequacy Requirements guideline of the Guidelines.Impaired OTC Derivative Contracts (in thousands of dollars)Credit derivative contractsInterest rate contractsForeign exchange contractsEquity-linked contractsCommodity contractsOther contractsPotential Future Credit Exposure (PFE)Total contracts not subject to permissible nettingTotal contracts subject to permissible nettingExposure at Default (EAD) (1.4 × (replacement cost + potential future credit exposure))Total contracts not subject to permissible nettingTotal contracts subject to permissible nettingTotal Impaired OTC Derivative Contracts (carry forward to “Credit equivalent amount” column in Table 6A)
7 THREE-YEAR MOVING AVERAGE ASSET GROWTH (%)If a member institution has been operating as a member institution for less than six fiscal years consisting of at least 12 months each (with the last fiscal year ending in the year preceding the filing year), it must indicate “N/A” (“not applicable”) for elements 7 and 7.5 but still fill in any of elements 7.1 to 7.4 that apply to it.If a member institution formed by an amalgamation involving only one member institution has been operating as a member institution for less than four fiscal years consisting of at least 12 months each (with the last fiscal year ending in the year preceding the filing year), in addition to filling in the applicable elements as an amalgamated member institution, it must also fill in the applicable elements for the amalgamating member institution.If a member institution formed by an amalgamation involving two or more member institutions has been operating as a member institution for less than four fiscal years consisting of at least 12 months each (with the last fiscal year ending in the year preceding the filing year), it must indicate “N/A” (“not applicable”) for elements 7 and 7.5 but still fill in any of elements 7.1 to 7.4 that apply to it.If a member institution acquires assets in the fiscal year ending in the year preceding the filing year as a result of a merger with or the acquisition of a regulated deposit-taking institution or as a result of the acquisition of the deposit-taking business of a regulated institution, and the value of those acquired assets on the date of their acquisition exceeds 15% of the value of the consolidated assets of the member institution immediately before that merger or acquisition, the member institution must include the value of those acquired assets in elements 7.1 to 7.3.Formula:The result of the sum of Assets Year 2 plus Assets Year 3 plus Assets Year 4 which sum is divided by 3 which result is divided by the result of the sum of Assets Year 1 plus Assets Year 2 plus Assets Year 3 which sum is divided by 3. From the result of the division, subtract 1 and multiply the result by 100.Complete the following:The result of the sum of Assets Year 2 plus Assets Year 3 plus Assets Year 4 which sum is divided by 3 which result is divided by the result of the sum of Assets Year 1 plus Assets Year 2 plus Assets Year 3 which sum is divided by 3. From the result of the division, subtract 1 and multiply the result by 100.ElementsUse the instructions below to arrive at the elements of the formula.Assets for Years 1 to 4:Assets for Year 1Assets for Year 1 is the amount that the member institution entered as element 7.4 of the formula in the Reporting Form submitted by the member institution in the third filing year before the filing year in which this Reporting Form is being submitted.Year 1:7.1Assets for Year 2Assets for Year 2 is the amount that the member institution entered as element 7.4 of the formula in the Reporting Form submitted by the member institution in the second filing year before the filing year in which this Reporting Form is being submitted.Year 2:7.2Assets for Year 3Assets for Year 3 is the amount that the member institution entered as element 7.4 of the formula in the Reporting Form submitted by the member institution in the filing year before the filing year in which this Reporting Form is being submitted.Year 3:7.3Assets for Year 4Refer to the Leverage Requirements Return (LRR), Reporting Manual, completed in accordance with that Manual as of the end of the fiscal year ending in the year preceding the filing year, and to the Basel III Capital Adequacy Reporting – Credit, Market and Operational Risk (BCAR) form, Reporting Manual, completed in accordance with that Manual as of the end of the fiscal year ending in the year preceding the filing year.Assets for Year 4 is the amount that the member institution determines by adding the following:the total of the amounts set out in the column “Total” for Securitized Assets – Unrecognized – Institution’s own assets (bank originated or purchased) – Traditional securitizations of Section I – Memo Items of the Consolidated Monthly Balance Sheet,if applicable, the value of assets, acquired by the member institution in the fiscal year ending in the year preceding the filing year as a result of a merger or acquisition referred to in the fourth paragraph after the heading “7 THREE-YEAR MOVING AVERAGE ASSET GROWTH (%)”, for years 1, 2 and 3, if the value of those assets on the date of their acquisition exceeds 15% of the value of the consolidated assets of the member institution immediately before that merger or acquisition, andthe amount determined by using the formula 7.4.1 + 7.4.2 + 7.4.3 + 7.4.4 + 7.4.5 + 7.4.6 + 7.4.7 + 7.4.8 − 7.4.9 + (7.4.10 − 7.4.11) − 7.4.12 − 7.4.13 + 7.4.14 + 7.4.15 + 7.4.16 + 7.4.17 + 7.4.18 + 7.4.19 + 7.4.20 + 7.4.21 − 7.4.22 − 7.4.23 − 7.4.24 − 7.4.25.7.4.1 On-balance sheet assetsIndicate the amount set out in the column “Accounting balance sheet value” for On-balance sheet assets - for purposes of the Leverage Ratio, as set out in Section 1 – Leverage Ratio Calculation of the LRR.7.4.2 Off-balance sheet Eligible servicer cash advances or facilitiesIndicate the amount set out in the column “Notional Amount” for Eligible servicer cash advances or facilities – 10% CCF, as set out in Section 1 – Leverage Ratio Calculation of the LRR.7.4.3 Other Off-balance sheet Securitization exposuresIndicate the amount set out in the column “Notional Amount” for Other off-balance sheet securitization exposures – 100% CCF, as set out in Section 1 – Leverage Ratio Calculation of the LRR.7.4.4 Off-balance sheet Direct credit substitutesIndicate the amount set out in the column “Notional Amount” for Direct credit substitutes – 100% CCF, as set out in Section 1 – Leverage Ratio Calculation of the LRR.7.4.5 Off-balance sheet Transaction-related contingent itemsIndicate the amount set out in the column “Notional Amount” for Transaction-related contingent items – 50% CCF, as set out in Section 1 – Leverage Ratio Calculation of the LRR.7.4.6 Off-balance sheet Short-term self-liquidating trade letters of creditIndicate the amount set out in the column “Notional Amount” for Short-term self-liquidating trade letters of credit – 20% CCF, as set out in Section 1 – Leverage Ratio Calculation of the LRR.7.4.7 Total derivative contract exposure (not covered)Indicate the amount set out in the column “Total Contracts” for “(A) Single derivative exposure not covered by an eligible netting contract, (i) Replacement cost”, as set out in Section 2 – Derivative Exposure Calculation of the LRR.7.4.8 Total derivative contract exposure (covered)Indicate the amount set out in the column “Total Contracts” for “(B) Derivative exposure covered by an eligible netting contract, (i) Replacement cost”, as set out in Section 2 – Derivative Exposure Calculation of the LRR.7.4.9 On-balance sheet DerivativesIndicate the amount set out in the column “Accounting balance sheet value” for Derivatives, as set out in Section 1 – Leverage Ratio Calculation of the LRR.7.4.10 Net Common Equity Tier 1 Capital (CET1 after all deductions)Indicate the Net Common Equity Tier 1 Capital (CET1 after all deductions), as set out in Schedule 20.010 – Capital and TLAC Elements of the BCAR form.7.4.11 Gross Common Equity Tier 1 CapitalIndicate the Gross Common Equity Tier 1 Capital, as set out in Schedule 20.010 – Capital and TLAC Elements of the BCAR form.7.4.12 Total Deduction from Additional Tier 1 CapitalIndicate the Total Deduction from Additional Tier 1 Capital, as set out in Schedule 20.010 – Capital and TLAC Elements of the BCAR form.7.4.13 Total Deduction from Tier 2 CapitalIndicate the Total Deduction from Tier 2 Capital, as set out in Schedule 20.010 – Capital and TLAC Elements of the BCAR form.7.4.14 Eligible Stage 1 and Stage 2 allowanceIndicate the Eligible Stage 1 and Stage 2 allowance (re standardized approach), as set out in Schedule 20.010 – Capital and TLAC Elements of the BCAR form.7.4.15 Excess allowanceIndicate the Excess allowance (re IRB approach), as set out in Schedule 20.010 – Capital and TLAC Elements of the BCAR form.7.4.16 Direct credit substitutes – credit derivatives – Standardized ApproachIndicate the amount set out in the column “Notional Principal Amount (a)” for Direct credit substitutes – credit derivatives, as set out in Schedule 10.050 – Off-balance Sheet Exposures Excluding Derivatives and Securitization Exposures of the BCAR form.7.4.17 Direct credit substitutes – credit derivatives – Foundation IRB approachIndicate the amount set out in the column “Notional Principal Amount (d)” for Direct credit substitutes – credit derivatives, as set out in Schedule 10.050 – Off-balance Sheet Exposures Excluding Derivatives and Securitization Exposures of the BCAR form.7.4.18 Direct credit substitutes – credit derivatives – Advanced IRB approachIndicate the amount set out in the column “Notional Principal Amount (g)” for Direct credit substitutes – credit derivatives, as set out in Schedule 10.050 – Off-balance Sheet Exposures Excluding Derivatives and Securitization Exposures of the BCAR form.7.4.19 Sale and repurchase agreements – Standardized approachIndicate the amount set out in the column “Notional Principal Amount (a)” for Sale & repurchase agreements, as set out in Schedule 10.050 – Off-balance Sheet Exposures Excluding Derivatives and Securitization Exposures of the BCAR form.7.4.20 Sale and repurchase agreements – Foundation IRB approachIndicate the amount set out in the column “Notional Principal Amount (d)” for Sale & repurchase agreements, as set out in Schedule 10.050 – Off-balance Sheet Exposures Excluding Derivatives and Securitization Exposures of the BCAR form.7.4.21 Sale and repurchase agreements – Advanced IRB approachIndicate the amount set out in the column “Notional Principal Amount (g)” for Sale & repurchase agreements, as set out in Schedule 10.050 – Off-balance Sheet Exposures Excluding Derivatives and Securitization Exposures of the BCAR form.7.4.22 Stage 1 and Stage 2 allowance on balance sheet assetsIndicate the sum of the amounts set out for “Stage 1 and Stage 2 allowance on balance sheet assets for capital purposes” and “Allowance on assets capitalized under the securitization framework not recognized for capital purposes”, as set out in Schedule 10.070 – Balance Sheet Coverage by Risk Type and Reconciliation to Consolidated Balance Sheet of the BCAR form.7.4.23 “On-balance sheet” securitization exposuresIndicate the “On-balance sheet” securitization exposures recognized for capital ratio but not for consolidated balance sheet purposes, as set out in Schedule 10.070 – Balance Sheet Coverage by Risk Type and Reconciliation to Consolidated Balance Sheet of the BCAR form.7.4.24 Adjustments – measurement basesIndicate the Adjustments to reflect differences in balance sheet exposure amounts resulting from measurement bases used for accounting purposes (fair values), as set out in Schedule 10.070 – Balance Sheet Coverage by Risk Type and Reconciliation to Consolidated Balance Sheet of the BCAR form.7.4.25 Adjustments – recognition basesIndicate the Adjustments to reflect differences in balance sheet exposure amounts resulting from recognition bases used for accounting purposes (settlement / trade date), as set out in Schedule 10.070 – Balance Sheet Coverage by Risk Type and Reconciliation to Consolidated Balance Sheet of the BCAR form.Year 4:7.4Indicate the number of fiscal years consisting of at least 12 months that the member institution has been operating as a member institution (if less than six fiscal years).A member institution must report assets for the last four fiscal years.If a member institution has been operating as a member institution for less than four fiscal years consisting of at least 12 months each, it must indicate “N/A” (“not applicable”) for the elements corresponding to the fiscal years for which it was not operating as a member institution.
8 REAL ESTATE ASSET CONCENTRATIONA member institution that is a domestic systemically important bank is not required to complete item 8 and will insert “N/A” as its score for element 8.5. It must complete element 8-1.Threshold Formula:Total Mortgage LoansTotal Mortgage Loans + Total Non-Mortgage Loans + Total Securities + Total Acceptances × 100Complete the following:8.1 — — — —8.1 — — — — + 8.2 — — — — + 8.3 — — — — + 8.4 — — — — × 100 = %ElementsUse the instructions below to arrive at the elements of the threshold formula.Refer to the Mortgage Loans Report, the Non-Mortgage Loans Report and Section I – Assets of the Consolidated Monthly Balance Sheet, Reporting Manual, all completed in accordance with that Manual as of the end of the fiscal year ending in the year preceding the filing year.8.1 Total Mortgage LoansThe total mortgage loans is the sum of the amounts set out in the column “Total” under “Total Mortgage Loans” and “Less allowance for expected credit losses” in Section I of the Mortgage Loans Report.8.2 Total Non-Mortgage LoansThe total non-mortgage loans is the sum of the amounts set out for “Balance reported on M4” in the columns “TC” under “Resident Loan Balances” and “Non-Resident Loan Balances” in the Non-Mortgage Loans Report.8.3 Total SecuritiesThe total securities is the total of the amounts set out in the column “Total” for Securities set out in Section I — Assets of the Consolidated Monthly Balance Sheet.8.4 Total AcceptancesThe total acceptances is the total of the amounts set out in the column “Total” for “Customers liability under acceptances, less allowance for expected credit losses” in Section I — Assets of the Consolidated Monthly Balance Sheet.If the result of the threshold formula is less than 10%, score five for element 8.5 and do not complete the rest of section 8.If that result is greater than or equal to 10%, complete the rest of section 8.Fill in Table 8 using the definitions and instructions below.Refer to Section III of the Mortgage Loans Report, Reporting Manual, completed in accordance with that Manual as of the end of the fiscal year ending in the year preceding the filing year. A member institution may complete these calculations using the information reported in the Mortgage Loans Report filed at its year-end or, if not filed at its year-end, at the calendar quarter-end preceding that year-end.Fill in Table 8 for each of the following types of outstanding mortgages.Residential Properties Mortgage LoansMortgage loans of this type, secured by properties located in Canada, are to be classified in accordance with the Reporting Manual.Calculate the total mortgage loans of this type by adding together the amounts set out for “Total Residential” in the columns “Insured” and “Uninsured” under “Gross Mortgage Loans Outstanding” in Section III of the Mortgage Loans Report, before deducting any allowance for expected credit losses.Land Development Mortgage LoansMortgage loans of this type, secured by properties located in Canada, are to be classified in accordance with the Reporting Manual.Calculate by adding togetherthe total land banking and development mortgage loans determined by adding together the amounts set out for “Land Banking and Development” in the columns “Insured” and “Uninsured” under “Gross Mortgage Loans Outstanding” in Section III of the Mortgage Loans Report, before deducting any allowance for expected credit losses, andthe total residential interim construction mortgage loans determined by adding together the amounts set out for “Residential interim construction mortgages” in the columns “Insured” and “Uninsured” under “Gross Mortgage Loans Outstanding” in Section III of the Mortgage Loans Report, before deducting any allowance for expected credit losses.Hotel and Motel Properties Mortgage LoansMortgage loans of this type, secured by properties located in Canada, are to be classified in accordance with the Reporting Manual.Calculate the total mortgage loans of this type by adding together the amounts set out for “Hotels/motels” in the columns “Insured” and “Uninsured” under “Gross Mortgage Loans Outstanding” in Section III of the Mortgage Loans Report, before deducting any allowance for expected credit losses.Industrial Properties Mortgage LoansMortgage loans of this type, secured by properties located in Canada, are to be classified in accordance with the Reporting Manual.Calculate the total mortgage loans of this type by adding together the amounts set out for “Industrial buildings” in the columns “Insured” and “Uninsured” under “Gross Mortgage Loans Outstanding” in Section III of the Mortgage Loans Report, before deducting any allowance for expected credit losses.Single Family Dwelling Properties Mortgage LoansMortgage loans of this type, secured by properties located in Canada, are to be classified in accordance with the Reporting Manual.Calculate the total mortgage loans of this type by adding together the amounts set out for “Single detached” and “Individual condominium units” in the columns “Insured” and “Uninsured” under “Gross Mortgage Loans Outstanding” in Section III of the Mortgage Loans Report, before deducting any allowance for expected credit losses.Second or Subsequent Mortgage Loans OutstandingMortgage loans of this type, secured by properties located in Canada, are to be classified in accordance with the Reporting Manual.The total mortgage loans of this type is the amount set out for “Second and subsequent mortgages outstanding” in the column “Amounts Outstanding” in the second table of the Memo Items to Section IV of the Mortgage Loans Report, before deducting any allowance for expected credit losses.Real Estate Under Power of Sale or Foreclosed PropertiesProperties of this type, located in Canada, are to be classified in accordance with the Reporting Manual.Calculate by adding togetherfor foreclosed properties located in Canada, the amount set out in the column “Total” for Foreclosed long-lived assets acquired in the liquidation of a loan — Held for sale of Section I — Memo Items of the Consolidated Monthly Balance Sheet, andfor real estate under power of sale, the amount set out in the column “Total” for Power of Sale Loans related to Real Estate of Section I — Memo Items of the Consolidated Monthly Balance Sheet.
Table 8ABCDETypeAmountPercentage of Total Mortgage Loans(Amount from Column B ÷ Total Mortgage Loans*) x 100Range of ResultsScore**Residential Properties Mortgage Loans< 50% = 0≥ 50% and < 75% = 3≥ 75% = 5Land Development Mortgage Loans> 10% = 0> 5% and ≤ 10% = 3≤ 5% = 5Hotel and Motel Properties Mortgage Loans> 10% = 0> 5% and ≤ 10% = 3≤ 5% = 5Industrial Properties Mortgage Loans> 15% = 0> 10% and ≤ 15% = 3≤ 10% = 5Single Family Dwelling Properties Mortgage Loans< 35% = 0≥ 35% and < 50% = 3≥ 50% = 5Second or Subsequent Mortgage Loans> 10% = 0> 5% and ≤ 10% = 3≤ 5% = 5Real Estate Under Power of Sale or Foreclosed Properties> 8% = 0> 5% and ≤ 8% = 3≤ 5% = 5
“Total Mortgage Loans” used in the calculation in column C must correspond to the amount of the Total Mortgage Loans determined for element 8.1.Fill in the score in column E for a type of mortgage loan or property set out in column A that corresponds to the percentage set out in column C, in accordance with the appropriate range set out in column D.8-1 ASSET ENCUMBRANCE MEASUREOnly a member institution that is a domestic systemically important bank must complete item 8-1. All other member institutions are to insert “N/A” for item 8-1.3.8-1.1 Unencumbered Asset ConcentrationThreshold Formula:Total Liabilities – (Subordinated Debt + Covered Bonds Liabilities + Securitization Liabilities + Repos + Shorts)Total Assets – (Impairment + Total Pledged Assets) × 100Complete the following:8-1.1.1 — — — – (8-1.1.2 — — — + 8-1.1.3 — — — + 8-1.1.4 — — — + 8-1.1.5 — — — + 8-1.1.6 — — — )8-1.1.7 — — — – (8-1.1.8 — — — + 8-1.1.9 — — — ) × 100 = 8-1.1 %ElementsUse the instructions below to arrive at the elements of the formula.Refer to the Consolidated Monthly Balance Sheet, the Return of Allowances for Expected Credit Losses and Section I of the Pledging and Repos Report, Reporting Manual, all completed in accordance with that Manual as of the end of the fiscal year ending in the year preceding the filing year.8-1.1.1 Total LiabilitiesThe total liabilities is calculated by deducting from the amount set out in the column “Total” for Total Liabilities and Shareholders’ Equity the amounts included as shareholders’ equity in Section II – Liabilities of the Consolidated Monthly Balance Sheet.8-1.1.2 Subordinated DebtThe total subordinated debt is the amount set out in the column “Total” for Subordinated Debt in Section II – Liabilities of the Consolidated Monthly Balance Sheet.8-1.1.3 Covered Bonds LiabilitiesThe covered bonds liabilities is the total of the amounts set out in the column “Total” for Selected information on covered bonds liabilities in Section II – Memo Items of the Consolidated Monthly Balance Sheet.8-1.1.4 Securitization LiabilitiesThe securitization liabilities is the total of the amounts set out in the column “Total” for Securitization notes payable (institution’s own assets) and Securitization notes payable (third party assets) as set out for the Mortgages and Loans Payable in Section II – Memo Items of the Consolidated Monthly Balance Sheet.8-1.1.5 ReposThe obligations related to assets sold under repurchase agreements is the amount set out in the column “Total” for Obligations related to assets sold under repurchase agreements in Section II – Liabilities of the Consolidated Monthly Balance Sheet.8-1.1.6 ShortsThe obligations related to borrowed securities is the amount set out in the column “Total” for Obligations related to borrowed securities in Section II – Liabilities of the Consolidated Monthly Balance Sheet.8-1.1.7 Total AssetsThe total assets is the amount set out in the column “Total” for Total assets in Section I – Assets of the Consolidated Monthly Balance Sheet.8-1.1.8 ImpairmentImpairment is the amount set out for “Total” in the column “Recorded Investment Total” under “Stage III”, less the aggregate of the amounts set out for “Total” in the columns “Expected Credit Losses” under “Stage I”, “Stage II” and “Stage III”, in the Return of Allowances for Expected Credit Losses.8-1.1.9 Total Pledged AssetsThe total pledged assets is the total of the amounts set out in the column “OUTSTANDING END OF PERIOD – CONSOLIDATED ENTITY” for TOTAL and REPURCHASE AGREEMENTS (REPOS) of SECTION I – PLEDGING AND REPURCHASE AGREEMENTS of the Pledging and Repos Report.If the result of the threshold formula is equal to or less than 100%, score five for element 8-1.3 and do not complete the rest of item 8-1.If the result is greater than 100%, complete the rest of item 8-1.8-1.2 Pledged Asset RatioFormula:Total Pledged AssetsTotal Assets × 100Complete the following:8-1.2.1 — — — —8-1.2.2 — — — — × 100 = 8-1.2%8-1.2.1 Total Pledged AssetsIndicate the total pledged assets as determined for element 8-1.1.9.8-1.2.2 Total AssetsIndicate the total assets as determined for element 8-1.1.7.
9 AGGREGATE COMMERCIAL LOAN CONCENTRATION RATIO (%)If the result of the threshold formula in section 8 is greater than 90%, indicate a score of five for element 9.4 and do not complete section 9.If the result of the threshold formula in section 8 is equal to or less than 90%, or the member institution is a domestic systemically important bank, complete section 9.Formula:Aggregate Commercial Loan ConcentrationTotal Capital × 100Complete the following:9.1 — — — —9.2 — — — — × 100 = 9 %ElementsRefer to the Non-Mortgage Loans Report, Reporting Manual, completed in accordance with that Manual. Use the instructions below to arrive at the elements of the formula. A member institution may complete these calculations using the information reported in the Non-Mortgage Loans Report filed at its year-end or, if not filed at its year-end, at the calendar quarter-end preceding that year-end.9.1 Aggregate Commercial Loan ConcentrationThe aggregate commercial loan concentration is the total of column B in Table 9, expressed in thousands of dollars.9.2 Total CapitalThe total capital as determined for element 6.3, expressed in thousands of dollars.Fill in Table 9 following the instructions and using the definitions below.LoansLoans are as described in the Non-Mortgage Loan ReportPersonMeans a natural person or an entity.EntityHas the same meaning as in section 2 of the Bank Act.Industry SectorsFor the purpose of completing Table 9, commercial loans shall be grouped according to the classifications used for completing the Non-Mortgage Loan Report and using the 12 industry sectors in the list below.
Industry Sector ListCalculate the commercial loans for each of the industry sectors in accordance with the following list and insert each of the totals on the appropriate line in Column A in Table 9. Refer to the Non-Mortgage Loans Report, Reporting Manual, completed in accordance with that Manual.AgricultureCommercial loans of this type are to be classified in accordance with the Reporting Manual.Calculate the total by adding together the amounts in the columns “TC” under “Resident Loan Balances” and “Non-Resident Loan Balances” and subtracting the amount set out in the column “TC” under “Allowance for Expected Credit Losses”, all as set out for “Agriculture” in the Non-Mortgage Loans Report.Fishing and TrappingCommercial loans of this type are to be classified in accordance with the Reporting Manual.Calculate the total by adding together the amounts in the columns “TC” under “Resident Loan Balances” and “Non-Resident Loan Balances” and subtracting the amount in the column “TC” under “Allowance for Expected Credit Losses”, all as set out for “Fishing and Trapping” in the Non-Mortgage Loans Report.Logging and ForestryCommercial loans of this type are to be classified in accordance with the Reporting Manual.Calculate the total by adding together the amounts in the columns “TC” under “Resident Loan Balances” and “Non-Resident Loan Balances” and subtracting the amount in the column “TC” under “Allowance for expected credit losses”, all as set out for “Logging and Forestry” in the Non-Mortgage Loans Report.Mining, Quarrying and Oil WellsCommercial loans of this type are to be classified in accordance with the Reporting Manual.Calculate the total by adding together the amounts in the columns “TC” under “Resident Loan Balances” and “Non-Resident Loan Balances” and subtracting the amount in the column “TC” under “Allowance for expected credit losses”, all as set out for “Mining, Quarrying and Oil Wells” in the Non-Mortgage Loans Report.ManufacturingCommercial loans of this type are to be classified in accordance with the Reporting Manual.Calculate the total by adding together the amounts in the columns “TC” under “Resident Loan Balances” and “Non-Resident Loan Balances” and subtracting the amount in the column “TC” under “Allowance for expected credit losses”, all as set out for “Manufacturing” in the Non-Mortgage Loans Report.Construction/Real EstateCommercial loans of this type are to be classified in accordance with the Reporting Manual.Calculate the total by adding together the amounts in the columns “TC” under “Resident Loan Balances” and “Non-Resident Loan Balances” and subtracting the amount in the column “TC” under “Allowance for expected credit losses”, all as set out for “Construction/Real Estate” in the Non-Mortgage Loans Report.Transportation, Communication and Other UtilitiesCommercial loans of this type are to be classified in accordance with the Reporting Manual.Calculate the total by adding together the amounts in the columns “TC” under “Resident Loan Balances” and “Non-Resident Loan Balances” and subtracting the amount in the column “TC” under “Allowance for expected credit losses”, all as set out for “Transportation, Communication and Other Utilities” in the Non-Mortgage Loans Report.Wholesale TradeCommercial loans of this type are to be classified in accordance with the Reporting Manual.Calculate the total by adding together the amounts in the columns “TC” under “Resident Loan Balances” and “Non-Resident Loan Balances” and subtracting the amount in the column “TC” under “Allowance for expected credit losses”, all as set out for “Wholesale Trade” in the Non-Mortgage Loans Report.RetailCommercial loans of this type are to be classified in accordance with the Reporting Manual.Calculate the total by adding together the amounts in the columns “TC” under “Resident Loan Balances” and “Non-Resident Loan Balances” and subtracting the amount in the column “TC” under “Allowance for expected credit losses”, all as set out for “Retail” in the Non-Mortgage Loans Report.ServiceCommercial loans of this type are to be classified in accordance with the Reporting Manual.Calculate the total by adding together the amounts in the columns “TC” under “Resident Loan Balances” and “Non-Resident Loan Balances” and subtracting the amount in the column “TC” under “Allowance for expected credit losses”, all as set out for “Service” in the Non-Mortgage Loans Report.Multiproduct ConglomeratesCommercial loans of this type are to be classified in accordance with the Reporting Manual.Calculate the total by adding together the amounts in the columns “TC” under “Resident Loan Balances” and “Non-Resident Loan Balances” and subtracting the amount set out in the column “TC” under “Allowance for expected credit losses”, all as set out for “Multiproduct Conglomerates” in the Non-Mortgage Loans Report.Others (Private Not for Profit Institutions, Religious, Health and Educational Institutions)Commercial loans of this type are to be classified in accordance with the Reporting Manual.Calculate the total by adding together the amounts in the columns “TC” under “Resident Loan Balances” and “Non-Resident Loan Balances” and subtracting the amount set out in the column “TC” under “Allowance for expected credit losses”, all as set out for “Others (Private Not for Profit Institutions, Religious, Health and Educational Institutions)” in the Non-Mortgage Loans Report.
Table 9InstructionsInsert 10% of total capital as determined for element 6.3: 9.3In column A below, report the amount calculated in accordance with the instructions for each industry sector.In column B below, for each industry sector that has an amount reported in column A thatexceeds the amount reported at element 9.3, report the amount by which it exceeds the amount reported at element 9.3; anddoes not exceed the amount reported at element 9.3, report “zero”.Industry SectorColumn AColumn B (Column A minus element 9.3; if negative, report “0”)AgricultureFishing & TrappingLogging & ForestryMining, Quarrying & Oil WellsManufacturingConstruction / Real EstateTransportation, Communication & Other UtilitiesWholesale TradeRetailServiceMultiproduct ConglomeratesOthers (Private Not for Profit Institutions, Religious, Health & Educational InstitutionsTotal of Column BCarry total of column B forward to element 9.1
The information provided in this Reporting Form is based on: audited financial statements unaudited financial statementsThis Reporting Form was prepared byName and Title:Business mailing address:Business telephone number:Business email address:Note: The above information may be used by CDIC to contact the member institution to discuss this Reporting Form.
CertificationThe Chief Financial Officer, or other authorized officer, (Name of Officer),by submitting this Reporting Form to the Canada Deposit Insurance Corporation, certifies that the information provided in this Reporting Form is correct and that it has been completed in accordance with the Canada Deposit Insurance Corporation Differential Premiums By-law.DateName of Member InstitutionSOR/2000-38, ss. 3, 4(E), 5 to 9; SOR/2001-24, ss. 1, 2; SOR/2002-126, ss. 9 to 13; SOR/2005-48, ss. 10 to 18; SOR/2006-47, ss. 6, 7, 8(E), 9; SOR/2007-26, ss. 3, 4; SOR/2009-12, ss. 3 to 11; SOR/2010-4, ss. 6 to 10; SOR/2010-307, ss. 7, 8(E), 9 to 11; SOR/2011-312, ss. 1 to 4; SOR/2013-6, ss. 1 to 4; SOR/2014-29, ss. 2 to 6, 8; SOR/2015-75, ss. 14 to 24, 26(F); SOR/2016-11, ss. 2, 3, 4(E), 5 to 7; SOR/2017-22, ss. 5 to 9; SOR/2018-8, ss. 5 to 8SOR/2019-43, s. 11SOR/2019-43, s. 12SOR/2019-43, s. 13SOR/2019-43, s. 14SOR/2019-43, s. 15SOR/2019-43, s. 16SOR/2019-43, s. 17SOR/2020-21, s. 5SOR/2020-21, s. 6SOR/2020-21, s. 7SOR/2020-21, s. 8SOR/2020-21, s. 9SOR/2020-21, s. 10SOR/2020-21, s. 11SOR/2020-21, s. 12SOR/2020-21, s. 13SOR/2020-21, s. 14SOR/2020-21, s. 15SOR/2021-28, s. 2SOR/2021-28, s. 3SOR/2022-54, s. 1SOR/2024-45, s. 2SOR/2024-45, s. 3SOR/2024-45, s. 4SOR/2024-45, s. 5SOR/2025-117, s. 11SOR/2025-117, s. 12SOR/2025-117, s. 13SOR/2025-117, s. 14SOR/2025-117, s. 15(Subsection 1(5) and sections 21 to 24.1 and 26)Scoring Grid — Quantitative AssessmentPART 1Capital AdequacyRange of ResultsColumn 1Column 2Column 3Column 4ItemLeverage Ratio1ScoreTier 1 Capital RatioScore1Leverage ratio is ≥ 110% of the leverage ratio authorized by the regulator10Tier 1 capital ratio is > the supervisory target Tier 1 capital ratio set by the regulator for the member institution102Leverage ratio is ≥ 100% but < 110% of the leverage ratio authorized by the regulator7Tier 1 capital ratio is ≤ the supervisory target Tier 1 capital ratio set by the regulator for the member institution but ≥ the minimum Tier 1 capital ratio required by the regulator63Leverage ratio is < 100% of the leverage ratio authorized by the regulator0Tier 1 capital ratio is < the minimum Tier 1 capital ratio required by the regulator0Total of Leverage Ratio Score plus Tier 1 Capital Ratio Score
The Leverage Ratio score does not apply to member institutions that are Category III SMSBs.PART 2Other Quantitative Factors or CriteriaColumn 1Column 2Column 3ItemFactors or CriteriaRange of ResultsScore4Return on Risk-Weighted Assets1≥ 1.15%5≥ 0.75% and < 1.15%3< 0.75% (including negative results)05Mean Adjusted Net Income Volatility≥ 0 and ≤ 0.55> 0.5 and ≤ 1.253> 1.250if the result is negative or the mean net income or loss is zero06Stress-Tested Net Incomeusing two standard deviations≥ 05using one and two standard deviations≥ 0 and < 0 respectively3using one standard deviation< 007Efficiency Ratio≥ 0% and ≤ 65%5> 65% and ≤ 85%3< 0% or > 85%08Net Impaired Assets to Total Capital≥ 0% and < 20%5≥ 20% and < 40%3≥ 40% or < 0%09Three-Year Moving Average Asset Growth≤ 15% (including negative results)5> 15% and ≤ 40%3> 40%010Real Estate Asset Concentration2Threshold formula result is ≤ 10%5All scores in Column E of Table 8 of item 8 of the Reporting Form set out in Part 2 of Schedule 2 are 55Lowest score in Column E of Table 8 of item 8 of the Reporting Form set out in Part 2 of Schedule 2 is 33Lowest score in Column E of Table 8 of item 8 of the Reporting Form set out in Part 2 of Schedule 2 is 0011Asset Encumbrance Measure38-1.1 ≤ 100%58-1.2 < 50%38-1.2 ≥ 50%012Aggregate Commercial Loan Concentration RatioResult of Threshold formula in item 8 of the Reporting Form set out in Part 2 of Schedule 2 is > 90%5< 100%5≥ 100% and < 300%3≥ 300%0
The Return on Risk-Weighted Assets score does not apply to member institutions that are Category III SMSBs.The Real Estate Asset Concentration score does not apply to member institutions that are domestic systemically important banks.The Asset Encumbrance Measure score applies only to member institutions that are domestic systemically important banks.SOR/2005-48, ss. 19, 20; SOR/2014-29, s. 7; SOR/2015-75, s. 25; SOR/2016-11, s. 8; SOR/2017-22, s. 10(E); SOR/2018-8, s. 9SOR/2019-43, s. 18SOR/2020-21, s. 16SOR/2024-45, s. 6SOR/2025-117, s. 16SOR/2025-117, s. 17SOR/2025-117, s. 18SOR/2025-117, s. 19SOR/2025-117, s. 20SOR/2025-117, s. 21(Section 28)Examiner’s RatingColumn 1Column 2ItemExaminer’s ratingScore1135223133214411550
SOR/2004-57, s. 2; SOR/2006-47, s. 10[Repealed, SOR/2005-116, s. 3]AMENDMENTS NOT IN FORCE — SOR/2025-165, s. 20
The Canada Deposit Insurance Corporation Differential Premiums By-law3 is repealed.SOR/99-120
SOR/2025-1172025-04-01SOR/2024-452024-03-08SOR/2022-542022-03-14SOR/2021-282021-06-30SOR/2021-282021-02-26SOR/2020-212020-02-03SOR/2019-1392019-05-15SOR/2019-432019-02-08