Moody's downgrades Ontario's credit rating from Aa2 to Aa3, citing deficit

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Bond rating agency Moody's has downgraded the province of Ontario's credit rating.

 

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Really keeping the Mike Duffy level of bullshit flowing. Good look, CTV. Can a media outlet get a senate seat? More at 11.

Just keep cancelling programs that help the sick elderly and disadvantage Mr. Premier. That might get your credit rating to improve. NOT

15 Years with the Liberals at the helm what do you expect

Thanks Wynne

I don't mind helping you do a better job CTV. The headline for this tweet is is is a MISLEADING. The rating was lowered because of the deficit AND fordnation's unintelligent cuts to revenue including tax breaks for the wealthy & killing Cap & Trade (which is NOT A TAX) onpoli

thank you IDIOT FORD BROTHER!!!!

I guess that Doug didn't consider this when he was trying to inflate the deficit numbers to make the Liberals look bad.

I smell a dejavu of the Quebec construction corruption as Fords actions is the same

thanks to Crackhead Doug Trump

Moody’s, the guys who rated the subprime responsible for the 2008 financial crisis, triple A 😂😂

Somebodys plan to make the Kathleen_Wynne look worse back fired. What do you have to say now fordnation - silence?

The recession is on it's why. The IMF is at work to bankrupt Ontarians. Example of what's to come it in this clip.

Another Ford Fck up !!!

Listen to the guy 👇🏻 from Moody’s and avoid the left wing media spin.

THAT'S TORONTO

Ontario/Ford/Trump/Moe =🤪🥳😭

Thanks FORD.

bravo fordnation

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Moody’s downgrades Ontario’s credit rating, citing deficit, revenue cuts under Doug FordDebt burden to grow faster than expected, rating agency warns 600 mill? Special thanks to the city of Toronto fir dragging all the other municipalities ‘down’.....Toronto is bankrupt - which municipality could take over Toronto and make it better? Mississauga Vaughan That's TORONTO
Source: nationalpost - 🏆 10. / 80 Read more »

Moody’s downgrades credit ratings of 3 Ontario hospitals, Ryerson University, others because of Ontario deficitMoody’s announced last week it was downgrading the province’s credit rating from Aa2 to Aa3, citing Ontario’s $14.5-billion deficit in 2018-2019 and predictions of future deficits. The same moodys that gave false high ratings for junk bonds in 2007? Ya, I thought so.
Source: globeandmail - 🏆 5. / 92 Read more »

Moody's Ontario credit downgrade hits health, education sectorsBond rating agency Moody's has downgraded the credit ratings of seven public organizations in Ontario days after lowering the province's credit rating. Picture of Ford. Yet it's the horrible debt burdens of the previous government and the current policies of the Federal government bringing us down. PaidNews FakeNews MediaBailout Hitting health and education sectors how exactly spin Good work VictorFedeli fordnation
Source: CP24 - 🏆 30. / 67 Read more »

Ford's Revenue Cuts Partly To Blame As Ontario's Credit Rating DowngradedMoody's said actions taken by the current government to reduce revenue levels will add to the province's budgetary pressures. Blame it on Ford.............get real!
Source: HuffPostCanada - 🏆 61. / 53 Read more »

From the comments: ‘What will the province look like in four years?’ Readers respond to Moody’s downgrading Ontario credit ratingThe Globe and Mail's Canadian coverage. Get the latest national news featuring Canadian events, politics and perspectives. 'Open For Business' eh Doug? keep shoveling The downgrades started back in 2015 as the Liberals were racking up the debt. This most recent downgrade should not come as a surprise given that they managed to get it over $325B and make interest payments alone one of the the top expenditures before getting voted out... Thankfully there are a lot of Money Mart locations in the province. We're good.
Source: globeandmail - 🏆 5. / 92 Read more »