CP NewsAlert: S&P downgrades B.C.’s credit rating again

By Canadian Press on April 2, 2025.

VICTORIA — Credit rating agency S&P has downgraded British Columbia’s rating for the fourth time in four years, citing record capital spending and a “fiscal mismatch” in its operations.

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

More coming.

The Canadian Press

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