The Bank held a total of about $430 billion in GoC bonds before it ended QE and entered the reinvestment phase in November 2021. During this period, the Bank kept its holdings of GoC bonds roughly ...

Deposits by the Government of Canada are typically our second biggest. The other important liability is settlement balances, which I’ll talk more about shortly. We must hold a like amount of assets on ...

The Bank of Canada ’s ballooning balance sheet has received lots of attention lately. From $120 billion in early March 2020 it grew over the next 12 months to $575 billion and it still stands at $414 ...

US bank stocks hit an all-time low relative to the S&P 500, according to Bank of America. The recent underperformance of bank stocks comes amid a bond crash that has weakened balance sheets.

At its peak, this and other purchase programs increased the bank’s balance sheet by well over $400-billion. Not since the Second World War has the Bank of Canada expanded its holdings so much so ...