Massive deficits in Wynne Liberal budget lead to Moody’s downgrading outlook on Ontario’s credit rating
This morning, Moody’s Investors Service downgraded the outlook on Ontario’s credit rating to “negative” from “stable.” Moody’s referenced the 2018 Wynne Liberal budget as a reason, saying it brings “growing spending pressure that will need to be addressed in the near future.” “Kathleen Wynne and the Liberals broke their promise to run a balanced […]
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