There are several programs, but the largest program is called the term repo program. It's basically a program where we lend them money. That money is critical to allow them to fund mortgages, personal loans and business loans.
November 26th, 2020 / 4:35 p.m.
Governor, Bank of Canada
There are several programs, but the largest program is called the term repo program. It's basically a program where we lend them money. That money is critical to allow them to fund mortgages, personal loans and business loans.
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