May 5, 2015
Bank of Canada Emergency Lending Policies: Consultation Paper
The Bank of Canada is updating its emergency lending policies to reflect the evolution of the Canadian financial system and lessons learned globally during the 2007–09 financial crisis. This paper sets out proposed updates to the Bank of Canada’s Emergency Lending Assistance (ELA) policies and is being issued for public consultation. All comments on this consultation paper should be received by 4 July 2015.