If the Bank of Canada sells $250 million worth of Treasury bills to commercial banks,the banks pay with their reserves.

Name: If the Bank of Canada sells $250 million worth of Treasury bills to commercial banks,the banks pay with their reserves.
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When the Bank of Canada sells Treasury bills to commercial banks, the banks pay for them with their reserves. This reduces the amount of reserves they have available for lending and can affect the money supply and interest rates in the economy.

If the Bank of Canada Sells $250 Million Worth of Treasury