We don't specifically define “temporary”, but the expectation is quite clear in the guideline. The OSFI guideline, which they can explain better than I can, of course, is for new contracts or permanent changes.
February 13th, 2024 / 11:45 a.m.
Commissioner, Financial Consumer Agency of Canada
We don't specifically define “temporary”, but the expectation is quite clear in the guideline. The OSFI guideline, which they can explain better than I can, of course, is for new contracts or permanent changes.
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