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B.C. Maintains AAA Credit Rating

November 5th, 2009

Moody’s Investors Service has confirmed the province’s triple-A credit rating, Finance Minister Colin Hansen announced Wednesday. According to Moody’s credit report, “The province’s record of managing fiscal pressures and the significant debt reduction achieved in recent years has put British Columbia in a strong position to face current fiscal challenges.” In September’s B.C. budget update, [...]



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B.C. Sees Largest Decline in Employment Quality

November 4th, 2009

While Canada’s employment level has remained relatively stable in the past six months, the quality of employment has dropped significantly, according to a report by CIBC World Markets. CIBC’s employment quality index has fallen 3.8% in the past six months even though the employment rate has fallen only 0.2%. The index measures the distribution of [...]



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