The Bank of Canada has launched a number of facilities that enable what we call “repos” or the exchange of securities for liquidity. All told, I think it was in the range of $550 billion.
On May 4th, 2020. See this statement in context.
On May 4th, 2020. See this statement in context.
Assistant Deputy Minister, Financial Sector Policy Branch, Department of Finance
The Bank of Canada has launched a number of facilities that enable what we call “repos” or the exchange of securities for liquidity. All told, I think it was in the range of $550 billion.
See context to find out what was said next.