Loading ...Canada jumps on the QE band wagon…
https://business.financialpost.com/news/economy/bank-of-canada-gets-authority-to-buy-corporate-municipal-debt
“We think the bank will be forced to adopt QE and that they’ll look to ultimately buy up to $150 billion in securities,” said TD Securities macro strategist Robert Both in an email. “We think it is a question of when and not if.”
Okay.. nothing compared to the FED.. but we are 1/10th of USA
It is going global. Why not. They are all in the same boat n have been to gather since 2003.
It’s spreading faster than Corona virus!!!!
They already buying MBS.. but accroding to them.. that is not QE…