Announcement
02 Apr 2020
In April 2020, the Bank of Canada announced the purchase of CAD 250 million in commercial papers from Suncor Energy Inc as part of the Commercial Paper Purchase Program (CPPP) to support financial market stability during the COVID-19 pandemic.
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
1 in force
Implementation date
02 Apr 2020
Revocation date:
No revocation date
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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