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Global Trade Alert

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Canada: Bank of Canada purchases commercial papers of Suncor Energy Inc under the Commercial Paper Purchase Program (COVID-19)

Description

On 2 April 2020, the Bank of Canada announced the purchase of CAD 250 million (USD 175 million) in commercial papers from Suncor Energy Inc as part of the Commercial Paper Purchase Program (CPPP) to s...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Apr 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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