Quebec now more creditworthy than Ontario

Congenital liar

Standard & Poor’s decision to boost Quebec’s credit rating last week has an important symbolic consequence for neighbouring Ontario. The move, which raised Quebec’s credit rating from A+ to AA-, means that for the first time ever, Quebec’s credit rating ranks higher than Ontario’s.

For decades, Quebec held a dubious reputation for poor fiscal management, while until the early 1990s Ontario held a reputation for successful fiscal management. So again, the recent upgrade of Quebec’s credit rating — above that held by Ontario — is a remarkable development.

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  • Clink9

    Strap a feeding bag on that pony.

    • Tooth&Claw

      I have a feeling a pony is a lot more fun and personable.

  • ontario john

    We don’t worry about silly things like that here in Sunny Ways Ontario. Just enjoy the homosexual parades this weekend.

    • Rain and – thanks to the racists in BLM – no cops will ensure a bumpy pathway for the speeding white van crowd.

  • Cat-astrophe

    Well, I have to give Quebec credit….
    Or should I say CASH. Buckets of it, all from Alberta….but wait!
    Can Alberta keep sending cash, with the crash of oil prices and no new pipelines, like through Quebec, to market??
    The feds, willing to do anything to keep the home of their eastern empire healthy and will gladly bleed Canada dry to keep it there till the next election………..

    • xavier

      Ya know Quebec has oil if everyone there would just stop drinking the kool aid and frack we’d leave the other provinces alone and ignore Ottawa
      I call that a win!

  • Ego
  • robins111

    I think a used car lot called ‘Honest Sid’ has more credibility and trustworthyness than liberal Ontario.

  • Socialist Ponzi schemes eventually run out of other people’s money.

    But the fools keep trying.

  • John

    Well, the days of Bill Davis are long gone. Responsible fiscal policies are the purvey those horrible, ‘racist’, White males…so who needs them!

    Québec’s economy is far more centered on resource extraction rather than, as is the case with Ontario, manufacturing. Manufacturing is in the doldrums right now, so Québec’s current fiscal advantage is not due to brains, but to a happy ( and temporary) economic convergence.

    Ontario still taxes people much less than Québec.

  • Which brave MP will table a motion to stop equalisation payments?

  • JoKeR

    Would you buy a used car from that m…
    Would you buy the Brooklyn Bridge from that w… OK
    Would you buy a used ideology from zer?

  • DMB

    Wynne reminds me of the Joker played by Jack Nickelson in the 1989 movie Batman were she loves to give money away for free crap and parades.
    https://www.youtube.com/watch?v=aMQbQYL8IGI

  • DMB