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Moody’s shifts AB credit outlook from stable to negative; Finance Minister “pleased”
Posted
January 20, 2016
Views
2,966
Likes
86
Comments
36
Engagement
4.11%
January 20, 2016
2,966
86
36
4.11%
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Sheila Gunn Reid of TheRebel.Media reports:
A lot has happened to Alberta's credit forecast since the NDP dropped their budget at the end of October 2015.
Yet, social worker turned Finance Minister, Joe Ceci, thinks that a credit downgrade is some sort of compliment, saying, "we are pleased that Moody's has reaffirmed our triple A credit rating" and "the rating agency confirmed the province's credit strengths and low debt servicing costs"
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The NDP budget is a disaster. Over 50,000 are out of work. Investment is fleeing the province.
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