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Canadian governmental intervention in the credit markets

  • Borden Ladner Gervais LLP
  • -
  • Canada
  • -
  • April 30 2009

The Canadian government has launched or expanded several programs intended to increase the lending capacity of Canadian banks and financial institutions and encourage increased economic activity

The restructuring of the ABCP market: the aftermath

  • Borden Ladner Gervais LLP
  • -
  • Canada
  • -
  • April 30 2009

On January 21, 2009, the long-awaited completion of the restructuring Plan affecting $32 billion of third-party ABCP (asset-backed commercial paper) was completed