That is what I'm saying. We are not financing the government. Our actions, by lowering interest rates and by buying government bonds, are lowering the cost of financing the government. In fact, they're lowering the cost of borrowing for everybody.
November 26th, 2020 / 3:50 p.m.
Governor, Bank of Canada
That is what I'm saying. We are not financing the government. Our actions, by lowering interest rates and by buying government bonds, are lowering the cost of financing the government. In fact, they're lowering the cost of borrowing for everybody.
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