Moody’s, the international credit rating agency, has issued a warning about Alberta’s budget.
So far I’ve emphasized the anti-oil and gas aspects of the budget — the demonization of the industry.
But Moody’s is more concerned about creditworthiness. It's their job to warn the world’s bankers about lending money to Rachel Notley and her NDP extremists.
Their headline says it all: "Moody's: Alberta's planned steep debt increase is credit negative”.
They say Rachel Notley is fudging the accounting. Watch my report to get the details.
As I said in my last video on the NDP budget, I believe the party will be thrown out of government in the next election.