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BC Debt Securities The provincial government and agencies meet borrowing requirements through a number of different financing programs, such as domestic and international medium term notes, syndicated public bond issues, Canadian promissory notes and US commercial paper. Borrowing for capital projects finances the building of schools, hospitals, roads and other social and economic capital assets. Similar to many private sector institutions, the government borrows to fund these projects and amortizes the costs over the asset’s useful life.
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