Announcement
06 Apr 2020
In April 2020, the Bank of Canada announced the purchase of CAD 59 million in commercial papers from Husky 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
06 Apr 2020
Revocation date:
No revocation date
On 6 April 2020, the Bank of Canada purchased the commercial paper of Husky Energy Inc. The volume of the transaction is CAD 59 million (USD 41.3 million). The Bank of Canada conducted the transaction...
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