Thank you.
In January 2025, you had $63 billion, so you've gone significantly up, as far as your holdings of U.S. dollars goes. When you purchase U.S. dollars, what effect does it have on the Canadian dollar to U.S. dollar exchange rate?
November 5th, 2025 / 5:30 p.m.
Conservative
Greg McLean Conservative Calgary Centre, AB
Thank you.
In January 2025, you had $63 billion, so you've gone significantly up, as far as your holdings of U.S. dollars goes. When you purchase U.S. dollars, what effect does it have on the Canadian dollar to U.S. dollar exchange rate?
See context to find out what was said next.