When the Bank of Canada buys $100 billion of Treasury bills from commercial banks,the monetary base increases by $100 billion.

Name: When the Bank of Canada buys $100 billion of Treasury bills from commercial banks,the monetary base increases by $100 billion.
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When the Bank of Canada buys $100 billion of Treasury bills from commercial banks, it pays them with newly created bank reserves. This increases the monetary base by $100 billion, as bank reserves are a component of the monetary base.

When the Bank of Canada Buys $100 Billion of Treasury