Madam Chair, nobody believes that. This is the government that gave $50 million to Mastercard and $12 million to Loblaws, a government that racked up 80 billion dollars' worth of new deficits before the pandemic hit. Nobody is buying what the minister is selling.
However, the Bank of Canada is buying a lot of debt that other institutions are selling. It is buying government bonds and corporate bonds, at $5 billion a week. Where is the Bank of Canada getting the money to buy all of those bonds?