Tag: Moody's

MOODY’S AND FINANCE: WAITING FOR A MIRACLE

First, let’s clear up any confusion. The downgrade in the Province’s credit rating by Moody’s, a credit rating agency, resulted not from a “highly ambitious” deficit plan,...

MOODY’S DOUBTS OSBORNE ABLE TO ACHIEVE BUDGET BALANCE

Monday’s Blog Post forecasting a ‘status quo’ Budget didn’t exactly require going out on a limb. The Government had long ago made clear that they don’t...

BULLSHIT STILL SELLS IN NEW YORK

The only surprise contained in Moody’s decision to downgrade the Province’s credit rating from Aa3 to Aa2 was that it wasn’t lower. Whether the Ball Administration...