Jun 04, 2019

Vaughn Palmer: Hydro, ICBC worry credit rating agencies, even as they laud BC finances


An opinion piece by columnist Vaughn Palmer notes that New Democrats are now approaching their second anniversary in government and continue to rack up impressive testimonials from credit rating agencies.

“All trends are stable,” wrote Toronto-based DBRS, first to weigh in after the tabling of this year’s provincial budget. DBRS, a credit ratings agency, highlights the $40 billion LNG Canada project as poised to generate significant economic activity through the medium term, lifting growth and mitigating some of the external risks facing the province.

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