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.

Arjan Sahota Arjan Sahota

Carney unveils the 2026 budget, what does BC get?

Carney’s long-anticipated first budget delivers a deep deficit, streamlines government operations, shifts Canada’s global relationships, and offers British Columbia a modest boost in resource development and infrastructure investment.

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