Moody’s downgrades BC credit rating as deficits pile up and debt surges

Moody’s downgrades BC’s credit rating as deficits grow, debt surges and fiscal management weakens — raising concerns about rising costs for taxpayers.

Coastal Front 11/30/22 Coastal Front 11/30/22

Ukraine Sovereignty Bond: In the Best Interest of Canadians?

Cash-strapped Canadians are being offered a regular five-year Government of Canada bond at a 3.3% rate of return.

Coastal Front 11/25/22 Coastal Front 11/25/22

Photos: Completion of Vancouver’s Broadway Subway Delayed to 2026

The cause for the delay revolves around a five week strike that began on May 20 and impacted over half of construction projects in Metro Vancouver and Fraser Valley.

Coastal Front 11/24/22 Coastal Front 11/24/22

Federal Government Failing to Support Indigenous Communities: Reactive Measures Costing Taxpayers

A vast majority of the findings in Hogan’s report were identified nearly a decade ago by Auditor General Michael Ferguson in 2013.

Coastal Front 11/23/22 Coastal Front 11/23/22

Auditor General Highlights Government Financial Manipulation Risk

B.C. owed nearly $10.5 million from individuals ineligible to receive COVID benefits, after identifying 95% of 11,000 applicants had wrongfully submitted applications.

Coastal Front 11/21/22 Coastal Front 11/21/22

Canada Expecting Foreign Shipments of Children’s Tylenol Following Mass Shortage

Health Canada stated that foreign supplies of children’s acetaminophen will be available at retail and community pharmacies in the coming weeks.

Coastal Front 11/17/22 Coastal Front 11/17/22

Fiscal Management: Outgoing Premier John Horgan Performs Well in Deficits and Debts

In a new study released today by the Fraser Institute, Horgan ranks fifth in fiscal management, while New Brunswick’s Blaine Higgs comes in first.

Coastal Front 11/16/22 Coastal Front 11/16/22

All Canadian Provinces In Bottom Half Of North American Economic Freedom Rankings

“Higher levels of economic freedom lead to more opportunity and more prosperity, so as economic freedom wanes the prospects also diminish for Canadians and their families.”