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22.07.2013 18:23:00
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Newfoundland and Labrador, Province of -- Moody's Issues Annual Report on the Province of Newfoundland and Labrador
Toronto, July 22, 2013 -- Moody's Investors Service says in its annual credit report on Newfoundland and Labrador that the Aa2 debt rating with stable outlook assigned to the province reflects a favourable debt profile and low debt service which has enhanced the province's financial position. Moody's further notes that the rating also reflects an anticipated weaker medium-term financial performance as the province forecasts deficits through 2014-15.
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