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DBRS confirms province’s bond rating
2016-08-17
DBRS is the second agency in two weeks to confirm Prince Edward Island’s provincial credit rating as unchanged and stable.
“The fact that we have maintained our bond rating helps signal to potential investors that Prince Edward Island is a wise choice for their money,” Finance Minister Allen...
Housing construction increase continues into 2016
2016-08-15
New housing is being built in Prince Edward Island even faster than in 2015, Finance Minister Allen Roach says.
“The rebound in housing construction that began in mid-2015 has continued into the first half of 2016, and at an even faster pace,” Minister Roach said. “Combined with the highest...
Moody’s maintains Prince Edward Island’s bond rating
2016-08-10
Moody’s has confirmed Prince Edward Island’s provincial credit rating of Aa2, with a stable outlook.
“We are pleased that we have maintained our bond rating during these challenging economic times when other jurisdictions have had their ratings downgraded,” Finance Minister Allen Roach said. “I...