Moody's said Canada's regional governments...>

CANADA: Moody's said Canada's regional governments "have a stable outlook for

2018, and will be supported by modest economic and revenue growth."

- Moody's new outlook presentation forecast "Canada's economic growth will be

among the top G-20 Advanced counties, even as real GDP growth is expected to

moderate slightly from higher levels in 2017. This will help support provincial

revenue growth which in turn will lead to improved fiscal performance."

- "The majority of provinces are either at, or closely approaching, balanced

operating positions", noted Michael Yake, a Moody's vp & senior analyst. "This

has reduced upward pressure on debt levels. However, provinces continue to issue

debt for capital projects, which will keep debt to revenue ratios relatively

stable in 2018."