Bank of Canada unveils new purchasing programmes

Bank of Canada
Photo: Shutterstock

The Bank of Canada unveiled a suite of new measures to help ease stress in securities markets at today’s (April 15) monetary policy meeting.

The central bank left its policy rate unchanged, but announced it is increasing the scope and scale of its asset purchasing programmes. It also released a scenario analysis that suggests the economy is at risk of shrinking by roughly 30% in the second quarter.

The central bank is establishing two new facilities designed to acquire provincial and corporate

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.