US EditionQuebec’s credit has been lowered
12 Articles
12 Articles
S&P Global Ratings slashed the rating of Canada's second largest province, because the trade war with the United States is beginning to affect economic growth and public finances.The AA- to A+ reduction is the first reduction in S&P's foreign issuer credit rating since 1993, according to data collected by Bloomberg.The agency also cut British Columbia's rating this month.The decline in population growth, increased employee remuneration and weake…
TVA Nouvelles
24heures.caThe lowering of Quebec's credit rating by the S&P agency is not necessarily a slap in the face of the CAQ, says Eric Girard.
Quebec City: The province's credit rating is lowered by a recognized rating firm based on the Legault government's "persistent operating deficits."
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