question archive In response to COVID-19, the Bank of Canada has announced several stimulus programs, that include the: 1
Subject:EconomicsPrice: Bought3
In response to COVID-19, the Bank of Canada has announced several stimulus programs, that include the:
1. Provincial Bond Purchase Program
2. Money Market Purchase Program
How do you think that these programs will impact bond/money markets? What is the likely impact of these programs on government's borrowing requirements, given large forecasted budget deficits.