B.C.’s credit rating downgrade blamed on ’deterioration’ of fiscal management
Moody’s credit rating agency has downgraded B.C. a notch, blaming “entrenched deficits” and a “deterioration in long-term fiscal management.” The Thursday (March 19) decision is the agency’s second downgrade for the province in two years, lowering B.C. to Aa2, or two notches below the top Aaa status. These credit rating decisions signal to investors that […]
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