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Our very own baseline traditional for QT both in Canada and the Us are derived from a steady find yourself within the runoff. The lending company out of Canada has the devices to return for the old system, but we expect they commit reduced, delivering set-aside stability from C$270 billion so you can C$125 billion by the end of 2024. Treasury ties is approximately twice of the inside past event (Chart 8), so that the measurements of the new limits in the level are more likely larger.

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