Globe and Mail: Credit-rating agencies warn Ontario about planned spendingPublished on March 29, 2018
"The Ontario Liberal's deficit spending is putting Ontario at risk. They are on record as being proud of this irresponsible spending.It is time that Ontario has a fiscally responsible government, to ensure long term prosperity for this province."
"Two credit-rating agencies have issued warnings to the Ontario government over its plan to run deficits over the next several years.
On Thursday, both Moody’s Investor Service and DBRS said the fiscal plan set out by the Liberal government in its 2018-19 budget, which includes billions in new spending, would harm the province’s credit profile over the long term.
“It demonstrates in the clearest terms that the province is not committed to disciplined … fiscal policy,” DBRS analysts said in a report."