‘Thumbs up’: Trudeau says Canada’s robust credit rating should calm fears about federal deficits

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The Bank of Montreal’s chief economist cautioned about paying too much attention to credit agencies, as their ratings often lag behind developments

 

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Reminds me of that time all these credit rating agencies looked at the numbers and nailed forecast for 2008.

Our job participation rate is very low, investment has not been fleeing but rather stampeding out of Canada for 3 years, I'm not sure how one gets robust out of those numbers

Looking at the ratio, Canadians aren't buying his bedtime stories. My God, what a weinie! cdnpoli

Trudeau spends his personal money and miraculously *POOF* more money appears in his trust fund. Get this irresponsible man away from Canadian taxpayer money 😡

Are you people out to lunch?

Trudeau yet again would be wrong

just because you can borrow money doesn't mean you can pay it back, eventually you have to pay the piper. The problem is you don't know how deep a hole you dug yourself into until it's too late.

Because budgets balance themselfies.

So T2 & his merry band of radical lefties dream up the “stress” test mortgage rules which remove a massive number of Canadians from being able to buy a home, rewards banks with interest rate increases, gives away billions & buys the media with $600+ million tax payer dollars?

What did those Ratings Agencies say going into the 2008 financial crisis again?

Great, another credit card for Canada. Why not? It's free money after all.

“ALL HAIL DEAR LEADER!” ~ National Post

Turdeau says. Who the frig is he. Since when did he become some kind of wonder economist. For Christ’s sake he never even had a GD job let alone ever have to worry where the cash is coming from for a tank of heating oil. Needs to be taken out behind the wood shed and ?

The same agencies that gave sketchy mortgage backed securities “AAA” ratings and helped cause a global financial meltdown?

Maybe he is lost......

Sounding more like PET every day.

Inane

At this pace our good rating won’t last long. Just wait a few months

Actually, no it doesn't.

Actually, the credit rating is to the credit of Prime Minister Stephen Harper. In reality the ability for the Canadian taxpayer to honour Mr. Trudeau’s reckless spending is seen as a gold mine by rating agencies and lenders.

Trust Fund Trudeau wants your children to finance his vanity projects like making terrorists multimillionaires and performing Gender Based Analyses on construction workers. PPC2019

creating federal deficits will get us, the people, the bosses to come out in 2019 and vote!

So the bank said they’d give me a great rate on a third mortgage... and I may as well get another credit card... and and and...

As increases our Debt and send money out of the Canada

And like teenager with more credit added to the credit card, they’ll spend it.

So would his resignation

Running deficits 'because I can' is no better than the 'budget will balance itself'. In 2019 vote anyone but Trudeau. TrudeauMustGo

Plus he is a stable leader unlike our guy in the USA.

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