The Bank of Canada is gaining new powers to buy U.S. Government bonds and other securities in case of financial panic. New regulations under the Bank Act are retroactive to September 25: ‘It’s like a pawnbroker will accept watches’.
The Bank of Canada is gaining new powers to buy U.S. Government bonds and other securities in case of financial panic. New regulations under the Bank Act are retroactive to September 25: ‘It’s like a pawnbroker will accept watches’.