Banking watchdog in no hurry to end ban on dividend hikes and share buybacks

A federal financial watchdog says it’s in no rush to end its bans on dividend increases and share buybacks by Canadian banks, pouring cold water on an item of interest a week before the country’s Big Six lenders report their latest results. The Office of the Superintendent of Financial Institutions (OSFI) announced in March that, in response to the coronavirus pandemic, it expected all federally regulated financial...