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.
May 4th, 2020 / 3:20 p.m.
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.