It seems that the Ontario Budget announced in April is the gift that keeps on giving, even though you wish you could return it. One of the world’s leading credit agencies is warning that the cuts to funding and other proposed actions in the budget could result in a rate cut to Ontario’s municipalities, as cities across the province are forced to deal with $2 billion loss in revenue over the next 10 years. Continue reading “Moody’s Flags Risk and Threatens Rate Cut Because of Ontario Budget Effects”