reports
- Aditi Joshi
- Thomas R. Torgerson
- Travis Shaw
- Aditi Joshi
- Thomas R. Torgerson
- Aditi Joshi
- Thomas R. Torgerson
- Travis Shaw
Prince Edward Island's 2023 Budget: Fiscal and Economic Challenges Per...
The Province of Prince Edward Island (rated "A" with a Stable trend by DBRS Morningstar) presented its 2023–24 budget on May 25, 2023. While significant external risks persist, economic growth will likely remain positive. The re-election of the Progressive Conservative Party as a majority government ensures a continuation of policy and key fiscal priorities in the Province. However, DBRS Morningstar notes that a weaker fiscal outlook and rising debt will reduce flexibility within the current rat...
- Aditi Joshi
- Travis Shaw
Provincial 2022–23 First Quarter Wrap-up—Rapid Fiscal Turnaround but M...
Most provinces have experienced a dramatic fiscal turnaround and appear well-positioned to outperform budget targets for 2022–23; however, these trends are unlikely to be sustained as the economic outlook becomes increasingly clouded. Notwithstanding these headwinds, the majority of DBRS Morningstar's provincial ratings currently have Stable trends as strong fiscal performance has contributed to financial flexibility at the current ratings.
- Aditi Joshi
- Travis Shaw
- Aditi Joshi
- Travis Shaw
- Aditi Joshi
- Travis Shaw
Prince Edward Island 2022 Budget: Prioritizing Recovery
The Province of Prince Edward Island (PEI or the Province; rated A with a Stable trend by DBRS Morningstar) released its 2022–23 provincial budget (the Budget) on February 24, 2022. The Budget renews PEI's efforts for economic recovery amidst an environment of increasing external risks. While the Province has not projected a return to balance over the medium term, DBRS Morningstar believes PEI should be able to withstand some temporary erosion in its financial risk assessment without an adverse ...
- Aditi Joshi
- Travis Shaw
Prince Edward Island, Province of: Rating Report
On August 20, 2021, DBRS Limited (DBRS Morningstar) confirmed the Issuer Rating and Long-Term Debt rating of the Province of Prince Edward Island (PEI) at "A" as well as the Short-Term Debt rating at R-1 (low). All trends are Stable. The ratings remain underpinned by the longer-term outlook for PEI's economy and the government's ongoing commitment to responsible fiscal policy.
- Aditi Joshi
- Brenda Lum
- Travis Shaw
- Paul Le Bane
- Travis Shaw
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