BC Credit Rating Slashed by S&P and Moody’s Over Ballooning Deficit
British Columbia’s credit rating has been cut by two major agencies, with S&P Global Ratings lowering the province’s long-term issuer
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Credit Rating
US Creditworthiness in Question as China’s CCXI Lowers Rating Amid Fiscal Uncertainties
China Chengxin International Credit Rating Co. (CCXI), a joint venture with Moody’s Investors Service, has lowered the US credit rating
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S&P Global Maintains Canada’s AAA Rating Despite Colossal Deficit
S&P Global Ratings has reiterated its top-notch credit rating for Canada, despite the government’s latest federal budget that included $101
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DBRS Morningstar: 2020 Corporate Downgrade Ratio Worst Since 2008 Financial Crisis
Numerous corporations around the world found themselves the subject of significant credit downgrades in 2020, as the economic impact of
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Fitch: Canada’s Increasing Deficit will Pose Fiscal Consolidation Challenges Ahead
Despite the recent announcement of proroguing parliament in wake of a growing charity controversy, the Canadian federal government has nonetheless
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Fitch Ratings Reaffirms China’s A+ Credit Rating Amid Strong Coronavirus Recovery
While much of the US economy continues to struggle through the coronavirus pandemic, it appears that China has seemingly been
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Alberta’s Credit Rating Downgraded to AA- Amid Increase in Government Spending During Pandemic
Despite the continued rise in coronavirus cases, the Alberta government has started the economic recovery process as a means of
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Canada’s Credit Rating Downgraded to AA+ Amid Increasing Coronavirus Costs
As a result of the mounting federal government spending on coronavirus mitigation efforts, Canada has had its credit rating reduced
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