Announcement
21 Apr 2020
In April 2020, the Bank of Canada announced the purchase of CAD 25 million in commercial papers from Toyota Credit Canada Inc as part of the Commercial Paper Purchase Program (CPPP) to support financial market stability during the COVID-19 pandemic.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
1 in force
Implementation date
21 Apr 2020
Revocation date:
No revocation date
State loan
In force
On 21 April 2020, the Bank of Canada purchased the commercial paper of Toyota Credit Canada Inc. The volume of the transaction is CAD 25 million (USD 19.85 million). The Bank of Canada conducted the t...
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