April 25, 2024

British Columbia ‘AAA’ according to Standard and Poor’s

The Harmonized Sales Tax may be a dead duck, but BC is hanging on to its AAA credit rating.
 
Standard and Poor’s Rating Services has confirmed BC’s rating, noting the Province has the solid revenue and expenditure flexibility to meet its deficit targets.
 
The agency also says BC does face challenges including the loss of revenue from the HST and the likelihood it will have to repay Ott…
CKNW Vancouver News

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