# EDGAR Filing Document

**Accession Number:** 0001541581
**File Stem:** 0001104659-26-040773
**Filing Date:** 2026-4
**Character Count:** 23260
**Document Hash:** 0106d4dad238be8edbd023d0f588ce5e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-040773.hdr.sgml**: 20260408

**ACCESSION NUMBER**: 0001104659-26-040773

**CONFORMED SUBMISSION TYPE**: ABS-15G

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20260407

**ITEM INFORMATION**: Findings and Conclusions of the Third Party Due Diligence Provider Obtained by the Issuer

**FILED AS OF DATE**: 20260408

**DATE AS OF CHANGE**: 20260408

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

**ABS ASSET CLASS**: Auto loans

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ford Credit Canada Co
- **CENTRAL INDEX KEY:** 0001541581
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 986001449
- **STATE OF INCORPORATION:** Z4
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-00460
- **FILM NUMBER:** 26847177

**BUSINESS ADDRESS:**
- **STREET 1:** 1 THE CANADIAN ROAD
- **CITY:** OAKVILLE
- **STATE:** A6
- **ZIP:** L6J 5E4
- **BUSINESS PHONE:** (905) 845-2511

**MAIL ADDRESS:**
- **STREET 1:** 1 THE CANADIAN ROAD
- **CITY:** OAKVILLE
- **STATE:** A6
- **ZIP:** L6J 5E4

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Ford Credit Canada Ltd
- **DATE OF NAME CHANGE:** 20120207
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ford Credit Canada Co
- **CENTRAL INDEX KEY:** 0001541581
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 986001449
- **STATE OF INCORPORATION:** Z4
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act

**BUSINESS ADDRESS:**
- **STREET 1:** 1 THE CANADIAN ROAD
- **CITY:** OAKVILLE
- **STATE:** A6
- **ZIP:** L6J 5E4
- **BUSINESS PHONE:** (905) 845-2511

**MAIL ADDRESS:**
- **STREET 1:** 1 THE CANADIAN ROAD
- **CITY:** OAKVILLE
- **STATE:** A6
- **ZIP:** L6J 5E4

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Ford Credit Canada Ltd
- **DATE OF NAME CHANGE:** 20120207

------

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM ABS-15G

ASSET-BACKED SECURITIZER REPORT

Pursuant to Section 15G of the

Securities Exchange Act of 1934

Check the appropriate box to indicate the filing obligation to which this form is intended to satisfy:

◻ Rule 15Ga-1 under the Exchange Act (17 CFR 240.15Ga-1) for the reporting period __________ to ___________

Date of Report (Date of earliest event reported): _____________

(Exact name of securitizer as specified in its charter)

(Commission File Number of securitizer) (Central Index Key Number of securitizer)

Name and telephone number, including area code,<br> of the person to contact in connection with this filing

Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(1) ◻

Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) ◻

Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) ◻

&nbsp;&nbsp;&nbsp;&nbsp;⌧ Rule 15Ga-2
 under the Exchange Act (17 CFR 240.15Ga-2)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>Ford Auto Securitization Trust II</u> 

(Exact name of issuing entity as specified in its charter)

Central Index Key Number of depositor: <u>0001541581</u> 

Central Index Key Number of issuing entity (if applicable): ________________

Central Index Key Number of underwriter (if applicable): ________________

<u>Ryan Hershberger, Director of Global Funding, (313) 248-1144</u>

Name and telephone number, including area code,<br> of the person to contact in connection with this filing

------

**PART II – FINDINGS AND CONCLUSIONS OF THIRD-PARTY DUE DILIGENCE REPORTS**

**Item 2.01 Findings and Conclusions of a Third Party Due Diligence Report Obtained by the Issuer**

See Report of Independent Accountants on Applying Agreed-Upon Procedures dated April 7, 2026 attached as [Exhibit 99.1](tm2611326d1_ex99-1.htm) to this report.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the reporting entity has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
| FORD CREDIT CANADA COMPANY | FORD CREDIT CANADA COMPANY | FORD CREDIT CANADA COMPANY |
| (Depositor) | (Depositor) | (Depositor) |
| By: |  | /s/ Jason C. Behnke |
|  | Name: | Jason C. Behnke |
|  | Title: | Vice President and Assistant Treasurer |

---

Date: April 8, 2026.

## Exhibit 99.1

**Exhibit 99.1**

![](tm2611326d1_ex99-1img001.jpg)

**Report of Independent Accountants on Applying**

**Agreed-Upon Procedures**

Ford Credit Canada Company

P.O. Box 1732

The American Road

Dearborn, Michigan 48124-1732

Ford Auto Securitization Trust II<br> The Canadian Road

Oakville, Ontario L6J 5E4

Canada

We have performed the procedures enumerated below, which were agreed to by Ford Credit Canada Company ("Ford Credit Canada," "Responsible Party," "Company," or "you" as the engaging party) on behalf of itself, its special purpose subsidiary, Ford Auto Securitization Trust II (the "FAST Retail Trust II"), BMO Capital Markets Corp., BMO Nesbitt Burns Inc., CIBC World Markets Corp., CIBC World Markets Inc., RBC Capital Markets, LLC, RBC Dominion Securities Inc., Scotia Capital (USA) Inc., Scotia Capital Inc., TD Securities (USA) LLC, and TD Securities Inc. (collectively referred to herein as the "Specified Parties"). The procedures were performed in connection with the potential issuance by the FAST Retail Trust II, established by Ford Credit Canada, of its Series 2026-A asset-backed notes (the "Notes") collateralized by a static pool of car, light truck and utility vehicle receivables purchased by Ford Credit Canada from dealers and sold to the FAST Retail Trust II (the "Receivables"). The procedures were performed solely to assist you and the Specified Parties in determining the accuracy of certain attributes of a sample of the Receivables as of April 1, 2026 (the "Cutoff Date"). The addressees are responsible for the offering of the Notes by Ford Auto Securitization Trust II of its Series 2026-A asset-backed notes in this transaction (the "Transaction") and the accuracy of certain attributes of a sample of the Receivables as of the Cutoff Date.

In an agreed-upon procedures engagement, we perform specific procedures that the Specified Parties have agreed to and acknowledged to be appropriate for the intended purpose of the engagement and we report on findings based on the procedures performed. The procedures performed may not address all the

PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017 <br> + 1 (646) 471 3000

**www.pwc.com**

items of interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes. The Specified Parties have agreed to and acknowledged that the procedures performed are appropriate for their purposes. This report may not be suitable for any other purpose.

***Procedures and Findings***

In connection with the Transaction, you determined the sample size of 125 Receivables, which Ford Credit Canada represents, was selected randomly from the pool of Receivables to be sold to the FAST Retail Trust II.

This agreed-upon procedures engagement was not conducted for the purpose of satisfying any criteria for due diligence published by a nationally recognized statistical rating organization.

In addition, PwC should not be regarded as having in any way warranted or given any assurance as to the following items:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· the completeness, accuracy, appropriateness, quality or integrity of any of the information provided by the Responsible Party, or any other party for purposes of PwC performing the procedures agreed to by the Specified Parties. The procedures performed would not necessarily reveal any material misstatement of the amounts, balances, ratios, percentages or other relationships of the information included in the data provided to us;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· the conformity of the origination of the assets to stated underwriting or credit extension guidelines, standards, criteria or other requirements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· the existence of the assets or collateral securing such assets;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· the rights of any party including, the Specified Parties, the Responsible Party, or the Transaction have to the assets or collateral securing such assets or any obligations on those assets or collateral securing such assets;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· the value of collateral securing such assets; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· the compliance of the originator of the assets with federal, state, and local laws and regulations.

We have not performed any procedures with respect to the fair value of the Receivables or Notes being offered in the Transaction and PwC expresses no opinion on the current fair value of the Receivables

Report of Independent Accountants on Applying Agreed Upon Procedures

Ford Auto Securitization Trust II Series 2026-A

April 7, 2026

Page **2** of **9**

or Notes. PwC should not be regarded as having performed any procedures other than those detailed in this report.

With respect to any terms or requirements of the Transaction offering documents that do not appear in this report, we performed no procedures and, accordingly, the procedures we performed would not ensure that any requirements are satisfied. Further, we have performed only the following agreed-upon procedures and therefore make no representations regarding the adequacy of disclosures or whether any material facts have been omitted from the Transaction offering documents.

It should be understood that we make no representations as to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· the interpretation of Transaction documents (including, but not limited to, indenture agreements or offering documents) included in connection with our procedures;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· your compliance with Rule 15Ga-2 of the Securities Exchange Act of 1934;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· the reasonableness of any of the assumptions provided by Ford Credit Canada; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· the adequacy of the sample size, as provided by Ford Credit Canada, nor do we draw any conclusions about the entire pool of Receivables based on the sample size and results of the procedures performed.

These procedures should not be taken to supplant any additional inquiries or procedures that the Specified Parties would undertake in consideration of the Transaction. The procedures performed and results thereof are described below.

**I.** **Data, Information and Documents Provided** 

Ford Credit Canada provided the following data, information, and documents related to a sample of 125 retail conditional sale contracts, selected by Ford Credit Canada as of the Cutoff Date, which Ford Credit Canada represents was selected randomly from the pool of retail conditional sale contracts sold to the FAST Retail Trust II (the "Sample Receivables"):

A. Copies
 of, or access to, the following documents, as applicable (the "Contract Files"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The
 retail conditional sale contract signed by the obligor (the "Contract"),

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Any
 correction notices to the information contained in the Contract (the "Correction Notices"),

Report of Independent Accountants on Applying Agreed Upon Procedures

Ford Auto Securitization Trust II Series 2026-A

April 7, 2026

Page **3** of **9**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Any
 Contract Modification Agreements completed by the parties to the Contract (the "Contract
 Modification Agreement"),

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Any
 Substitution of Collateral Agreements or Transfer of Equity Agreements (the "Substitution
 or Transfer Agreements") related to the Contract, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. The
 vehicle window sticker or dealer invoice, if requested.

B. Excel data files containing certain data fields for the Sample Receivables, which Ford Credit Canada represents is from Ford Credit Canada's Retail System Master Files as of the Cutoff Date (the "Sample Receivables Extract File"). The Sample Receivables Extract File also contains registration number, date of registration and date the registration number expires.

C. An Excel file and email confirmation (as applicable) containing vehicle make and model mapping lists for each vehicle in the pool of receivables ("Vehicle Mapping File").

The data, information and documents listed above and provided by Ford Credit Canada are collectively referred to as the "Data, Information, and Documents."

**II.** **Procedures Performed**

We performed the following agreed-upon procedures on the Sample Receivables. For the purposes of the procedures below, dollar amounts and percentages that differ only as a result of rounding were deemed to be in agreement. In the event that a document was not clear, data was missing, or there was a question about the information contained in the document relevant to performance of the agreed-upon procedures, we contacted a Ford Credit Canada representative for clarification prior to reporting any exceptions. Our findings as a result of performing the procedures are attached in Exhibit I.

A. For each Sample Receivable, we observed the Contract noting the absence of a Contract as an exception.

B. For each Sample Receivable, we:

1. Observed the obligor's signature on the Contract.

2. Agreed the vehicle identification number; contract date; original amount financed; and number of payments on the Contract to the Sample Receivables Extract File.

Report of Independent Accountants on Applying Agreed Upon Procedures

Ford Auto Securitization Trust II Series 2026-A

April 7, 2026

Page **4** of **9**

The original amount financed equals the "balance for rate calculation" as shown on each respective Contract for Contracts originated in all Provinces except Quebec.

For Contracts originated in Quebec, the original amount financed equals: sum of 1, 2, 3, 4, 5 and 6, minus the initial down payment (Somme de 1, 2, 3, 4, 5 et 6 minus versement initial comprenant), plus the sum of: RDPRM Tariff (Tarif RDPRM), RDPRM Service Provider Fee (including applicable taxes) (Frais du fournisseur de service RDPRM (inclut les taxes applicables)), Credit life insurance premium (Prime d'assurance-vie de credit), Provincial tax on credit life insurance premium (Taxe Provincial sur la prime d'assurance-vie de credit), Credit disability insurance premium (Prime d'assruance-incapacite de credit), and Provincial tax credit on credit disability insurance premium (Taxe provincial sur la prime d'assurance-incapacite de credit), as shown on the Contract.

3. Agreed annual percentage rate ("APR") on the Contract to the Sample Receivables Extract File. As instructed by Ford Credit Canada, the APR on the Contract shall be:

---

| | |
|:---|:---|
| | &nbsp;&nbsp;**Contracts dated in 2014 and later** |
| &nbsp;&nbsp;**Seller Province(s)** | &nbsp;&nbsp;**(Contract Line) Field Name** |
| &nbsp;&nbsp;BC, AB, SK, MB, NB, NL and NT | &nbsp;&nbsp;Annual interest rate |
| &nbsp;&nbsp;NS, NU, PE, YT | &nbsp;&nbsp;Annual percentage rate |
| &nbsp;&nbsp;ON | &nbsp;&nbsp;Annual interest rate |
| &nbsp;&nbsp;QC | &nbsp;&nbsp;Annual percentage rate |

---

4. Agreed the new, used or demonstrator description of the financed vehicle on the Contract to the Sample Receivables Extract File.

5. Agreed the make and model of Ford Motor Company manufactured vehicles on the Contract to the Sample Receivables Extract File using the Vehicle Mapping File and the vehicle window sticker or dealer invoice, as needed.

For purposes of this procedure Ford Motor Company manufactured vehicle means a Ford and Lincoln vehicle. For the avoidance of doubt, this procedure was not performed for non-Ford Motor Company manufactured vehicles, and a non-Ford Motor Company manufactured vehicle is not considered an exception under this procedure.

Report of Independent Accountants on Applying Agreed Upon Procedures

Ford Auto Securitization Trust II Series 2026-A

April 7, 2026

Page **5** of **9**

For the purposes of this procedure, if the model name on the Sample Receivables Extract File is contained within the model name on the Contract (giving consideration to style, trim levels, and capitalization, e.g., F-150 SuperCab XLT) of the Sample Receivable, it was not noted as an exception.

6. Recalculated the APR using the original amount financed, the number of payments, contract date, first payment due date, payment frequency, the original scheduled payment amount and the final scheduled payment amount, as reflected on the Contract and compared our result to the corresponding APR on the respective Contract.

The original amount financed equals the "balance for rate calculation" as shown on each respective Contract for Contracts originated in all Provinces except Quebec.

For Contracts originated in Quebec, the original amount financed equals: sum of 1, 2, 3, 4, 5 and 6, minus the initial down payment (Somme de 1, 2, 3, 4, 5 et 6 minus versement initial comprenant), plus the sum of: RDPRM Tariff (Tarif RDPRM), RDPRM Service Provider Fee (including applicable taxes) (Frais du fournisseur de service RDPRM (inclut les taxes applicables)), Credit life insurance premium (Prime d'assurance-vie de credit), Provincial tax on credit life insurance premium (Taxe Provincial sur la prime d'assurance-vie de credit), Credit disability insurance premium (Prime d'assruance-incapacite de credit), and Provincial tax credit on credit disability insurance premium (Taxe provincial sur la prime d'assurance-incapacite de credit), as shown on the Contract.

For purposes of this procedure, (i) if the difference is greater than 0.125 percent, it was noted as an exception; and (ii) if Correction Notices, Contract Modification Agreements, or Substitution or Transfer Agreements for the Sample Receivable exist, the information on these documents was used in computing APR, as applicable (using the date of each document to apply such document in chronological order).

For purposes of this procedure B, if information on the Contract did not agree to the Sample Receivables Extract File, we compared such information on the Sample Receivables Extract File to the Correction Notices, Contract Modification Agreements, or Substitution or Transfer Agreements for the Sample Receivable, using the date of each document to apply such document in chronological order.

C. Using the Sample Receivables Extract File, we compared the date of registration to the Cutoff Date, noting an exception if the date of registration for each Sample Receivable is after the Cutoff Date.

Report of Independent Accountants on Applying Agreed Upon Procedures

Ford Auto Securitization Trust II Series 2026-A

April 7, 2026

Page **6** of **9**

D. Using the Sample Receivables Extract File, we compared the registration expiration date to the Cutoff Date, noting an exception if the registration expiration date is before the Cutoff Date. This procedure was not performed for Sample Receivables where the current outstanding loan balance is less than CA$5,000.

\*\*\*

This agreed-upon procedures engagement was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. We were not engaged to, and did not conduct an audit or an examination engagement, the objective of which would be the expression of an opinion, or a review engagement, the objective of which would be the expression of a conclusion, on the accuracy of certain attributes of a sample of the Receivables as of the Cutoff Date. Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you.

In performing this engagement, we are required to be independent of the Responsible Party and to meet our ethical responsibilities, in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement.

This report is intended solely for the information and use of the Specified Parties (including for purposes of substantiating the Specified Parties' "due diligence defense" under the Securities Act of 1933), and is not intended to be and should not be used by anyone other than the Specified Parties.

If a party has obtained, or has access to, this report without having executed an agreement with PwC wherein such party accepts responsibility for the appropriateness of the procedures performed (such party is herein referred to as a "Non-Specified Party"), that Non-Specified Party cannot:

i) rely upon this report, and any use of this report by that Non-Specified Party is its sole responsibility and at its sole and exclusive risk; and

ii) acquire any rights or claims against PwC, and PwC assumes no duties or obligations to such Non-Specified Party.

A Non-Specified Party may not disclose or distribute this report or any of the report's contents to any other party (including but not limited to electronic distribution and/or posting to a website pursuant to Rule 17G-5 of the Securities Exchange Act of 1934).

Report of Independent Accountants on Applying Agreed Upon Procedures

Ford Auto Securitization Trust II Series 2026-A

April 7, 2026

Page **7** of **9**

The procedures enumerated above were performed as of the date of this report, and we disclaim any consideration of any events and circumstances occurring after the date of this report. Further, we have no obligation to update this report because of events occurring, or data or information coming to our attention, subsequent to the date of this report.

/s/ PricewaterhouseCoopers LLP

New York, New York<br> April 7, 2026

Report of Independent Accountants on Applying Agreed Upon Procedures

Ford Auto Securitization Trust II Series 2026-A

April 7, 2026

Page **8** of **9**

**<u>Exhibit I</u>**

No exceptions noted.

Report of Independent Accountants on Applying Agreed Upon Procedures

Ford Auto Securitization Trust II Series 2026-A

April 7, 2026

Page **9** of **9**