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008161216s2008    onc    |o    f|0| 0 eng d
040 |aCaOODSP|beng
043 |an-cn---
0861 |aFA3-117/2008E-PDF
24500|aGovernment of Yukon's investment in asset-backed commercial paper |h[electronic resource] : |bDepartment of Finance.
2461 |aReport of the Auditor General to the Yukon Legislative Assembly - February 2008
260 |a[Ottawa] : |bOffice of the Auditor General of Canada, |c2008.
300 |aiii, 9 p.
500 |a"February 2008."
500 |aIssued also in French under title: Placements du gouvernement du Yukon dans du papier commercial adossé à des actifs : Ministère des Finances.
520 |a"In summer 2007, the Government of Yukon invested a total of $36.5 million in asset-backed commercial paper issued by two trusts (asset-backed commercial paper is a short-term investment in securities backed by a variety of assets such as mortgages, car loans, and credit card balances). The securities were to mature on 31 August 2007 and 4 September 2007. Along with many other investors in asset-backed commercial paper, the Government was unable to recoup its investment at the maturity dates. On 9 November 2007, the Office of the Auditor General of Canada became aware of questions regarding whether the Government had complied with Yukon’s Financial Administration Act when it made the investment. Given that we assess compliance with authorities as part of our annual audit of the Government’s financial statements, we decided to review this matter and report our findings to the Legislative Assembly"--Main Points.
69207|2gccst|aAudit
7101 |aCanada. |bOffice of the Auditor General.
77508|tPlacements du gouvernement du Yukon dans du papier commercial adossé à des actifs |w(CaOODSP)9.829272
85640|qPDF|s247 KB|uhttps://publications.gc.ca/collections/collection_2016/bvg-oag/FA3-117-2008-eng.pdf