Which of the following actions would cause an increase in the lovel of reserves in the banking system?

A$.$ A customer withdraws funds from Reliable Bank and deposits them in National Bank

B$.$ The Bank of Canada purchases government bonds on the open market.

C$.$ The federal government issues new bonds to finance the budget deficit

D$.$ The federal government pays off bonds that were originally issued to finance the budget deficit

E$.$ The Bank of Canada sells government bonds on the open market