BlackRock is one of the world's largest investment companies, managing trillions of dollars of bonds. It has lobbied regulators around the world to not be named a systemically important financial institution.
The Bank of Canada unexpectedly engaged BlackRock as an adviser on its bond-buying plans.
Is the Minister of Finance mindful of the conflict of interest that exists between the world's largest bond manager, BlackRock, and the advice it's giving the Bank of Canada on buying bonds?