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Credit rating agencies blast Alberta budget, warn of ballooning debt

CALGARY – Credit rating agencies blasted Alberta’s rising debt and continued deficits Friday, and said the government’s plan to bring the budget back to balance hinges on a dramatic oil price recovery. 544 more words


Rating agency DBRS keeps negative outlook on big Canadian banks as Ottawa moves ahead on 'bail-in' regime

TORONTO — With the Canadian government moving forward with plans for a “bail in” regime that would keep taxpayers off the hook in the event of a bank collapse, ratings agency DBRS is maintaining its “negative” outlook on the country’s largest banks. 376 more words