BCs Credit Rating Downgraded by S&P and Moodys, Citing Deficit

Credit rating agencies S&P and Moody’s have both downgraded British Columbia’s rating on the same day, citing the province’s ballooning deficit and the apparent lack of a plan to dig the province out of its fiscal hole. S&P Global Ratings cut the province’s long-term issuer credit rating to A+ from AA- on Wednesday, while Moody’s […]

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