Ottawa’s mortgage aid may cost banks

 Globe and Mail – Canada – “There is little doubt that in a time of poor liquidity, it ensured mortgage credit continued to flow and that Canada’s banks remained liquid,” the BMO …

Ottawa’s mortgage aid may cost banks – The Globe and Mail

Bank of Canada extends liquidity facilities

 Reuters – USA – It also said it will continue to accept an assignment of non-mortgage loan portfolios as eligible collateral for the Large Value Transfer System and …

UPDATE 2-Bank of Canada extends liquidity facilities | Currencies | Reuters

It’s crunch time, Canada: globeandmail.com

 Globe and Mail – Canada … and increase liquidity after the shock that the failure of Lehman Brothers administered to a system already weakened by the US subprime mortgage fiasco. …

globeandmail.com: It’s crunch time, Canada