With the recent emergency response to the COVID-19 pandemic, the Bank of Canada (BoC) has managed to expand its balance sheet in a
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Tag: BoC
How the Bank of Canada Creates Money
ABSTRACT This paper provides a general understanding of the process by which the Bank of Canada creates money through large scale asset purchases.
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A Government Debt Jubilee?
As the COVID-19 crisis continues to drag on, it appears the BoC stands ready to purchase, in an unconstrained manner, a total of
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Modern Monetary Theory in Canada
Modern Monetary Theory (MMT) is a controversial economic theory that has recently been garnering renewed support in Canada and many other developed countries
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Is There a Repo Crisis Brewing in Canada?
While the US repo crisis has been making all the headlines as of late, casual observers of the Bank of Canada’s balance sheet
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