Standard and Poor’s said on Friday that the company had lowered its credit rating for the Government of Newfoundland and Labrador and Newfoundland and Labrador Hydro from A+ to A with a negative outlook.In a news release, the company said the “negative…
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The Sir Robert Bond Papers: Will DBRS re-do its rating for Newfoundland and Labrador? #nlpoli
Premier Paul Davis was proud of the fact that a bond rating agency had confirmed the province’s credit rating.Curiously, he never told anyone which rating agency it was and, as it seems, very few if any news outlets reported on the release issued…
Continue readingThe Sir Robert Bond Papers: Bond Raters and other things to wonders about #nlpoli
Cast your mind back a couple of years and you will probably remember finance minister Jerome Kennedy told us a couple of things. One was that he expected the government would run deficits for three years, totalling about $1.6 billion. The other was that surplus would follow after that. Well,
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