Credit Rating Report

Canadian Master Trust, Series A Notes, Transaction 23

ABCP

Summary

Morningstar DBRS released an updated transaction summary report that provides details on Transaction 23 of Canadian Master Trust, which is secured by a Collateral Note backed by a portfolio of sport-utility vehicle, light truck, and automobile retail auto leases originated by a captive auto finance company operating in Canada. The update reflects a one-year extension of the program and a change to available credit enhancement.