Quote:
Originally Posted by Locke
Finance Minister. What a joke.
This is like me phoning my bank after I lost my job and telling them not to worry, everything is going to be okay I'll just pay my mortgage and utilities with my credit card and then all of sudden the interest rate on my credit card goes up.
Wow. What an unlikely coincidence amirite?
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Alberta bond yields are actually 25 to 50 basis points lower than last year for debt 5 year and under bonds. Just to show you how useless ratings agencies are for government debt, Alberta bond yields are identical to Ontario and Quebec both of which have and S&P A+ rating.