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In response to COVID-19, the Bank of Canada has announced several stimulus programs, that include the: 1. Provincial Bond Purchase Program 2. Money Market Purchase

In response to COVID-19, the Bank of Canada has announced several stimulus programs, that include the:

1. Provincial Bond Purchase Program

2. Money Market Purchase Program

How do you think that these programs will impact bond/money markets? What is the likely impact of these programs on government's borrowing requirements, given large foretasted budget deficits.

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