Credit rating agency downgrades Alberta's long-term outlook over debt

Credit rating agency DBRS says its long-term outlook for Alberta’s finances is now negative.
With a $10.8-billion deficit recorded in 2016-17, Alberta’s credit rating with DBRS remains at AA (high), the agency said in a Friday press release.
Alberta earned the negative outlook by continuing to pile up debt, the release said.
“Moreover, the Province has yet to provide a credible plan to restore balance. While Alberta’s debt burden is low and the economy is showing signs of