It's not a transfer to the financial institutions; it's providing liquidity to the market. They have various securities in their books, and they exchange them to the Bank of Canada on a short-term basis, and they provide the liquidity.
Similarly, one of these measures is what we call the “domestic stability buffer”. OSFI provided some capital relief to financial institutions, and this freed up another $300 billion of liquidity for financial sector institutions to be able to provide credit to the economy for support at this time.