BC’s Finance Minister Mike de Jong says our province’s credit rating is still on the right track.
This announcement comes after a report from credit rating service Standard and Poor’s, which is keeping the Province’s rating at a triple-A.
de Jong says the rating will help save the taxpayer half a billion dollars over the course of BC’s fiscal plan.
“Half a billion dollars available for investment in far more productive areas like healthcare, education.”
de Jong says the report praises the province’s “strong economy, budgetary and fiscal performance,” and is calling BC’s credit strengths very strong, wealthy, and well-diversified.
B.C. has held a triple-A rating with Standard and Poor’s since 2007.