The same moodys that gave false high ratings for junk bonds in 2007? Ya, I thought so.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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 Ontario's credit rating from Aa2 to Aa3, citing deficitBond rating agency Moody's has downgraded the province of Ontario's credit rating. Thanks FORD. bravo fordnation Ontario/Ford/Trump/Moe =🤪🥳😭
Source: CTVNews - 🏆 1. / 99 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 »
‘Thumbs up’: Trudeau says Canada’s robust credit rating should calm fears about federal deficitsThe Bank of Montreal’s chief economist cautioned about paying too much attention to credit agencies, as their ratings often lag behind developments Plus he is a stable leader unlike our guy in the USA. Running deficits 'because I can' is no better than the 'budget will balance itself'. In 2019 vote anyone but Trudeau. TrudeauMustGo So would his resignation
Source: nationalpost - 🏆 10. / 80 Read more »
Trudeau says Canada’s credit rating should ease worries about budget deficitsPM says triple-A rating should provide comfort to taxpayers who fear government has been accumulating too much debt globepolitics Imagine if all Canadians started spending based on that reasoning. Wow this guy is so in over his head. globepolitics JustinTrudeau Please stop spending so much money outside of Canada. globepolitics No worries - Mr DressUp also says the budget will balance itself.
Source: globeandmail - 🏆 5. / 92 Read more »