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COMMENTARY: Finance minister can’t hide facts about P.E.I.’s dismal finances

Two credit rating agencies — Moody’s and Standard and Poor’s — recently downgraded the Prince Edward Island government’s outlook to “negative,” expressing increasing concern over the government’s fiscal choices. The downgrades are the latest in a series of warnings about P.E.I.’s finances — the Island’s auditor general has repeatedly sounded the alarm over the province’s debt situation.

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And yet, Finance Minister Jill Burridge does not seem concerned. In response to the credit downgrade, Burridge told the CBC, “It’s disappointing, but we understand and of course we’re seeing all our colleagues across the country going through the same........

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