Moody's Ontario credit downgrade hits health, education sectors

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Bond rating agency Moody's has downgraded the credit ratings of seven public organizations in Ontario days after lowering the province's credit rating.

 

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But all that deficit spending is still a-ok, amirite CP24?

I am sure these two numb-nuts will be happy to oblige!

Good make them stop waiting money.

Really brilliant how about cutting your pay check. You make the statement for the people which ones the ones with the full pockets.

I hate yellow ties

More fallout from Kathleen_Wynne and liberal_party

The Hospital for Sick Children? Children can't vote, can they?

Always winning Ford

I like how they show Ford laughing with the bad news. Good job being unbiased.

Well that didn't take him very long to accomplish

Good work VictorFedeli fordnation

Hitting health and education sectors how exactly spin

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

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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 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 »

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 »