Moody's says the change reflects concerns over the province's ability to eliminate its
Sousa says the Liberals have controlled spending and are looking for more savings in the system, and claims credit rating agencies and the banks that loan the government money aren't worried about its massive debt load.
He says the real issue is that the province's revenues have not met expectations, and insists "the bankers aren't freaking."
Sousa says the Liberals will not cut civil service jobs to balance the budget, which he says can be done on schedule without taking "extreme measures."
Interim PC Leader
Moody's didn't wait for the newly re-elected government to introduce its budget
Most Popular Stories
- Toxic Algae Threatens Florida Fishing, Tourism
- Hispanic Groups Lead Voter Registration Drive
- Eva Mendes Gives Birth to a Baby Girl
- Fed Signals It Will Keep Key Rate at Record Low
- Plus-Size iPhones Live Up to The Hype
- FedEx Adding 50,000 Holiday Jobs
- Stocks Rise Before Fed Statement
- Occupy Wall Street Buys Up Student Debt
- Cool Features on Today's New iOS 8
- Kohl's Hiring 67,000 for the Holidays