The Economy, Plain and Simple - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T12:31:31+00:00Our COVID-19 response: Large-scale asset purchases
https://www.bankofcanada.ca/2020/08/our-covid-19-response-large-scale-asset-purchases/
The Bank of Canada has taken many actions to support Canadians since the COVID-19 pandemic struck. These include large-scale asset purchases—buying a substantial amount of government bonds and other financial assets. Our purchases serve two purposes. They help key financial markets work properly, and they can help increase spending in the economy. This leads to more employment and stronger economic growth.2020-08-25T10:00:53+00:00enOur COVID-19 response: Large-scale asset purchases2020-08-25