Ebook: Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis

As global markets toppled during the 2008 financial crisis, the Canadian market for non-bank asset-backed commercial paper (ABCP) seemed on the verge of collapsing. Back from the Brink explains the origins of the Canadian ABCP crisis and how an ambitious market restructuring prevented a $32 billion market from falling into chaos.