Wednesday, April 13, 2016

BC'S PROVINCIAL DEBT $65B AND RISING

After putting B.C. on credit watch before the 2013 election by changing the provincial outlook from “stable” to “negative,” Moody’s last year restored the outlook to “stable.”
Coupled with continuation of the vaunted triple-A credit rating, the government is thereby ensured of the best borrowing rates for the not-inconsiderable provincial debt — $65 billion and rising.
 
 

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