Economic Big Wigs Upgrade Ontario Credit Rating

Moody's Says Ontario Rating Bumped From "Negative" To "Stable"

Some healthy news for your wallet. The powers that be say Ontario’s financial outlook is getting better. Moody’s Investors Service  announced they’ve finished pouring over Ontario’s economy and have changed the province’s credit rating from negative to stable. They’re saying this move comes as they feel Ontario’s debt burden will continue to modestly improve as the province moves towards balanced budgets. Finance Minister Charles Sousa pointed out while Moody’s is just the first of many economic analysts to weigh in, he expects other economists will start tooting Ontario’s horn.