Aug 21, 2014
By Scott Walker
Canada’s economy has been given a big thumbs-up from an international ratings service.
Fitch Ratings says the outlook for our economy is stable and worth maintaining its triple-A credit rating.
New York-based Fitch says it based its findings on Canada’s political stability and track record of prudent fiscal management.
It also says Canada’s government debt remains “well above the Triple-A median.”
Finance Minister Joe Oliver says the endorsement is proof that Canada is “an island of stability in an uncertain global economy.”