If the Bank of Canada buys government securities, all of the following happens except

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The purchase of government securities by the Bank of Canada is an open market operation that increases bank reserves and the quantity of money in the economy. It also increases the supply of loanable funds, making it cheaper for banks to lend and encouraging borrowing and investment. However, this action does not affect net exports, as it does not change the country's trade balance or exchange rate. Additionally, the bank rate does not necessarily change as a result of this action, as it is determined separately by the Bank of Canada's monetary policy decisions.

If the Bank of Canada Buys Government Securities, All of the Following