The “Big Five” Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
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B.C. finance minister says double A credit rating sign of continued stability
– canadianbusiness.com
British Columbia’s Finance Minister Carole James says Dominion Bond Rating Service has confirmed the province’s double-A high credit rating, maintaining the rate the province has held since May 2007.
The Ministry of Finance says in a news release that the rating recognizes B.C.’s growing economy, balanced fiscal policy and affordable debt.
It calls the double-A high rating “a strong affirmation of the province’s direction and fiscal position.”
Dominion’s report forecasts the provincial economy will grow by 2.9 per cent this year before slowing to a “more sustainable pace” of around 2 per cent.
The report comes in the wake of the new government’s budget update in September.
The Finance Ministry says British Columbia remains the only province rated triple-A with all three international credit rating agencies, Moody’s, Standard & Poor’s, and Fitch.
“The AA high rating recognizes that choices to invest in British Columbians will help chart a path to continued economic stability,” James says in the release…
The Ministry of Finance says in a news release that the rating recognizes B.C.’s growing economy, balanced fiscal policy and affordable debt.
It calls the double-A high rating “a strong affirmation of the province’s direction and fiscal position.”
Dominion’s report forecasts the provincial economy will grow by 2.9 per cent this year before slowing to a “more sustainable pace” of around 2 per cent.
The report comes in the wake of the new government’s budget update in September.
The Finance Ministry says British Columbia remains the only province rated triple-A with all three international credit rating agencies, Moody’s, Standard & Poor’s, and Fitch.
“The AA high rating recognizes that choices to invest in British Columbians will help chart a path to continued economic stability,” James says in the release…
