A Balancing Act: Making the Canadian Secured Credit Facility Work

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.

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Year of publication:	2009-03
Authors:	Laurin, Alexandre
Institutions:	C. D. Howe Institute
Subject:	Canadian federal budget \| Business Development Bank of Canada \| asset-backed securities \| financial liquidity

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Extent:	application/pdf
Series:	e-briefs.
Type of publication:	Book / Working Paper
Notes:	Published on the C.D. Howe Institute website, month, year Number 76 6 pages
Classification:	E51 - Money Supply; Credit; Money Multipliers ; H81 - Governmental Loans, Loan Guarantees, and Credits
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005169656