Bond rating agency issues serious warning about Manitoba finances

Manitoba deficit projected to be much higher than reported.


REGINA, SK: Another bond rating agency is harshly criticising the Manitoba’s skyrocketing debt as the Canadian Taxpayers Federation (CTF) continues to call on the provincial government to control spending. Bond rating agency DBRS did not follow Moody’s move to immediately downgrade Manitoba’s credit, but raised serious concerns about the province’s finances.
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