For short-term funding facilities, such as term repos, the process is well underway: most significantly, about $ billion is set to roll off between mid-March and the end of April. As it does, the Bank’s balance sheet—after being relatively stable since July—will decline to about $ billion, about $ billion smaller than its current level.
In terms of the longer-term asset holdings, the program to buy corporate bonds currently sits at about $ million in assets, while the program to buy provincial bonds sits at just over $ billion. At this point, the Bank doesn’t intend to sell any of the assets purchased through either of these programs.