The GNWT received confirmation of its Aa1 credit rating with a stable outlook from Moody's Investor Services, stated a news release yesterday.The Aa1 rating is the second-highest rating available from Moody's.
"This credit rating, and the related analysis, recognizes our challenges of limited revenue growth and on-going expenditure pressures. It supports that our overall fiscal strategy is prudent and a responsible course of action and that our ongoing diligence will ensure financial sustainability," stated Finance Minister Robert C. McLeod in the release.
A high credit rating supports current borrowing at a low interest rate and helps to ensure affordable borrowing costs for potential future strategic investments such as the Mackenzie Valley
Highway, Tlicho All-Season Road, Seasonal Overland Road, or the Taltson Hydro Expansion Project.
SA国际影视传媒� James O'Connor
City app receives award
The City of Yellowknife has been awarded the dotCOMM Platinum Award for its free Pingstreet app, stated a news release yesterday.
The dotCOMM Awards is an international competition honoring excellence in web creativity and digital communication.
"It's important that we can provide a one-stop-shop for our residents with real-time access to helpful information and engaging tools," stated Mayor Mark Heyck in the release.
Through the free Pingstreet app, residents can report non-emergency issues directly to the appropriate city department (Click&Fix), track their bus in real-time (Find My Bus), garbage schedules, cemetery tool and even pay for parking or find a public washroom.
SA国际影视传媒� James O'Connor
