Fitch lowers Alberta credit rating, cites concerns on heavy borrowing

Alberta’s plan to relaunch its economy is taking a hit right out of the starting gate. The United States-based Fitch rating agency has announced it’s reducing Alberta’s credit rating to AA- from AA. Fitch cites a concern with sharply higher…

Moody’s downgrades Alberta’s credit rating, Toews says NDP to blame

Finance Minister Travis Toews says the previous NDP government is to blame for Moody’s downgrading Alberta’s credit rating on Tuesday. “I was disappointed to hear that Moody’s has changed Alberta’s credit rating to Aa2 (stable) from Aa1 (negative) citing lack…