2025-07-24
The Canadian Securities Administrators issued Coordinated Blanket Order 81-930 to exempt investment funds from specific repurchase transaction requirements in Regulation 81-102. This relief facilitates access to the Bank of Canada’s Contingent Term Repo Facility to manage liquidity during severe market-wide stresses. The order becomes effective on July 24, 2025, and requires that cash received be used for liquidity management and that specific reporting conditions are met.