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View Andrew Scheer Profile
CPC (SK)
Madam Chair, the minister talked about a balance sheet. The balance sheet of the government racked up 80 billion dollars' worth of debt before the health pandemic hit. Now the Bank of Canada's balance sheet has quadrupled. It has gone from $120 billion to $500 billion because it has bought debt; it has bought bonds.
Again, where is the Bank of Canada getting the money to buy the bonds?
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