26.0% chaos · simmering
money panic
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British Columbia Debt Downgraded Again on ‘Entrenched’ Deficit
What happened
British Columbia was downgraded by Moody’s Ratings, which reiterated its negative outlook, the latest in a string of downgrades for Canada’s third-most populous province as its fiscal position worsens amid macroeconomic pressure.
Why people care
Reported by Bloomberg.
Sources
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