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.

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CEBA: How Banks Profited While Small Businesses Folded

Banks and credit unions collected millions in fees for administering CEBA, a program intended to support struggling small businesses during the pandemic. While these financial institutions profited, many small businesses shuttered under the weight of loan repayments.

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