The Canadian Press

2016-06-27 | Saskatchewan Credit Rating

Preview Clip

Standard & Poor's has downgraded Saskatchewan's credit rating to double-A plus from triple-A. The agency says persistently low natural resource prices -- in particular oil and potash -- are expected to continue to affect the province's budget. NDP finance critic Cathy Sproule (SPROHL) says that's a concern. (The Saskatchewan government ran a deficit in the fiscal year that ended March 31st, and is projected to do so again this year.)

Date: 2016-06-27
Placeline: REGINA.
Source: The Canadian Press
Length: 12 seconds

Transcript Prediction: << I think we have to pay attention to what the lenders are saying because as you know every time the interest rate goes up it's almost like the taxpayers are paying more and that's something that we in this current environment we have to be very careful >>