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We don’t like your budget: Ontario’s credit rating could face downgrade by...

Ontario Premier Dalton McGuinty had little time to celebrate the passing of his Liberal budget on Tuesday at Queen’s Park. The following day, Standard and Poor’s put Ontario’s credit rating under...

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Making sense of provincial debt downgrades

(Shutterstock) Canada’s provincial budgets aren’t in good shape. Eight out of ten provinces will run deficits this year, with BC and Quebec as the only two exceptions. (For data, see here.) This...

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