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Business

Business & Economics

Double blow as S&P and Moody’s downgrade B.C.’s credit rating again, citing deficit

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Summary
Nutrition label

63% Informative

S&P Global Ratings cut the province’s long-term issuer credit rating to A+ from AA- on Wednesday .

Moody's Ratings downgraded its key baseline assessment to aa2 from aa1 .

The agency said it retained a negative outlook for B.C. finances.

The government says it knew there was a “strong likelihood” of the downgrades.

VR Score

77

Informative language

84

Neutral language

37

Article tone

semi-formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

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