Your investing questions, our clear answers.

Our response:

When provincial or federal governments like the Government of Ontario or the Government of Canada need to raise capital, they issue fixed income debt securities such as treasury bills or treasury notes. They do this through an auction to securities distributors, like your financial institution, who then make them available to the public for purchase in pre-defined denominations. Fixed-income securities may also be available for purchase in other forms such as through an Exchange Traded Fund (ETF) or mutual fund.

For more information, we suggest speaking with a qualified advisor or contacting your financial institution.