Moody’s downgrades Manitoba’s credit ratings

first_img Keywords Credit ratings,  Manitoba Manitoba has followed Ontario by becoming the second Canadian province to have its credit rating downgraded this week amid concerns about its debt. New York-based Moody’s Investors Service Inc. downgraded the Manitoba’s senior unsecured ratings to Aa2 from Aa1, citing the province’s deteriorating debt and fiscal situations. Specifically, the credit-rating agency notes that the provincial government extended its planned return to balanced budgets by another two years in its 2015 budget. Moody’s also reports that the province’s debt burden has increased to an expected 143% of revenue at the end of fiscal 2014-15 from 116.7% at the end of fiscal 2010-11. Share this article and your comments with peers on social media Related news Facebook LinkedIn Twitter “The downgrade to Aa2 reflects the deterioration in Manitoba’s financial metrics leading to an increased debt burden and our expectation that the province will face significant challenges in achieving fiscal balance by 2018-19,” says Kathrin Heitmann, Moody’s lead analyst for Manitoba, in a statement. The stabilization of Manitoba’s debt burden will depend on political willingness to rein in spending, Moody’s says, adding that it views the province’s current spending plans as “challenging.” The outlook on the Manitoba’s credit rating is stable and Moody’s says it expects the province to outperform Canadian economic growth over the next couple of years, with forecasted real gross domestic product growth of 2.5% in 2015 and 2.3% in 2016.center_img Sovereign defaults hit record level in 2020: Fitch James Langton Climate tide turns against oil companies: Moody’s High debt levels threaten banks’ strong results: Fitchlast_img read more

Friday night concerts return to Farmington Civic Theater

first_img admin Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window) The Farmington Civic Theater’s Friday Night Live concerts return Friday, September 14.The all-ages concerts are presented by St. Joe’s Medical Group. The music series focuses on singer/songwriters with a casual, get-to-know-the-performers approach.The fall season debuts with Robert Jones and Matt Watroba. Their love for traditional American music has them traveling the nation paying tribute to “music that matters”. This night, they’ll perform and reflect on the driving forces behind traditional music – history, social change, migration, hopes and dreams.You’ll hear the common chords Blues, Rock ‘N Roll, Bluegrass, Motown, Rhythm & Blues and Hip Hop share. Matt and Robert play the songs and shed light on the evolution of our country’s music. Listen for some originals, too.Singer-songwriter Chris Davio will start the night. Originally from Plymouth, Chris now lives in Nashville. He’s known Matt since first grade! The two played in the Plymouth-based band Phoenix back in the day. He’ll bring a taste of Tennessee to town.Friday Night Live concerts begin at 8 p.m. with doors opening at 7:30 p.m. Tickets are $15 and available in advance at the box office or at the door. Also online at Eventbrite.com. Cash only at the theater.Tickets for the October 12 and November 9 Friday Night Live concerts are on sale as well. After a December break, the series will resume January 2019.The Farmington Civic Theater, is located in downtown Farmington at 33332 Grand River Avenue. Additional concert information is available on the theater’s Facebook page. Reported bylast_img read more

Kyle Juszczyk injury update: 49ers’ only fullback (MCL sprain) out 4-6 weeks

first_img Patriots audition kicker Nick Rose in wake of Stephen Gostkowski’s injury According to NFL Media, Juszczyk will seek a second opinion on his knee with the hope he can return ahead of schedule. He’s not expected to need surgery or go on injured reserve, though a roster spot doesn’t open in his absence so the team can’t make a transaction to fill the void. I heard being undefeated helps you heal faster… good thing my team is 4-0!!! Be back soon!A post shared by Kyle Juszczyk (@juicecheck44) on Oct 8, 2019 at 1:59pm PDT”I heard being undefeated helps you heal faster… good thing my team is 4-0!!! Be back soon!” he wrote on Instagram.The 49ers (4-0) lead the NFC West and will visit the Rams (3-2) at 4:05 p.m. ET Sunday. The 49ers are down to no fullbacks.The team on Tuesday announced Kyle Juszczyk will be out four to six weeks after suffering an MCL sprain during Monday’s routing of the Browns. Broncos’ De’Vante Bausby says he ‘was paralyzed’ for 30 minutes after hit Sundaycenter_img Saints stopped Cowboys’ offense by watching OC Kellen Moore’s old Boise State videos, report says View this post on Instagram Despite the setback, Juszczyk appeared to be in good spirits. Related Newslast_img read more