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View Andrew Scheer Profile
CPC (SK)
Madam Chair, the Bank of Canada is buying all kinds of different bonds. In fact, it is doing so in a secondary market, which means the first people to get the new money the Bank of Canada is creating are bondholders, hedge fund managers and corporate institutions. The Bank of Canada is also buying record amounts of corporate bonds.
Many of these companies are facing significant hardships. Who pays if the corporations go bankrupt?
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