Quote:
Originally Posted by mrkajz44
Alberta's debt rating just got dropped to AA from AAA. Still a very solid rating, but not a good sign.
http://www.theglobeandmail.com/repor...ticle27861052/
And for what it's worth, the lower the debt rating, the higher the interest rate will be on our debt. So while we are still in good shape now, this is a bad sign for the future. |
No good. Second drop in a year. By the time the NDP is out of office Alberta will have to rely on payday loans.