"...Canada’s central bank is using billions to flood the mortgage market with cheap money. It hasn’t been very effective, considering the scale of the purchase. Bank of Canada (BoC) data shows a big mortgage bond buying spree since the beginning of the pandemic. The dollar value of the bond buying was known, but we’re only starting to see the scale. It turns out the central bank’s shopping spree is a quarter the size of mortgage credit expansion during the same period...."
https://betterdwelling.com/bank-of-canadas-mortgage-buying-is-a-quarter-the-size-of-new-mortgage-credit/
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