The Bank of Canada announced on Wednesday plans for a Canadian dollar term-loan facility as further measures to provide liquidity to the financial system. The central bank said it would hold four TLF auctions, each of which will offer a minimum amount of C$2 billion ($1.65 billion) with terms ranging from 26 days to 28 days. The auctions will be held on Nov. 19, Nov. 24, Dec. 1 and Dec. 8. Eligible collateral will be the non-mortgage loan portfolio as accepted on a temporary basis for the Large Value Transfer System and standing liquidity facility purposes.