The January 2009 federal budget proposed funding a “Canadian Secured Credit Facility” as part of an economic action plan. This Facility will allocate up to $12 billion to purchases of term asset-backed securities (ABS) for loans and leases on vehicles and equipment. The Facility will be managed by the Business Development Bank of Canada (BDC), which has since conducted consultations on the proposal.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by C.D. Howe Institute in its series e-briefs with number
76.
Length: 6 pages Date of creation: Mar 2009 Date of revision: Publication status: Published on the C.D. Howe Institute website, month, year Handle: RePEc:cdh:ebrief:76
Find related papers by JEL classification: E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers H81 - Public Economics - - Miscellaneous Issues - - - Governmental Loans and Credits
This paper has been announced in the following NEP Reports: