DBRS downgrades Alberta’s credit

Originally posted 6 December 2017 On 29 November, DBRS issued a press release  affirming its decision to downgrade the province’s rating to AA from AA (high). In its opinion the downgrade was “necessitated” by “large operating deficits and rapid debt accumulation.” In addition to the downgrade, DBRS maintained its negative trend- because the Province has yet to … Continue reading DBRS downgrades Alberta’s credit