Sask credit rating

[seldomseen]

Some people think Brad Wall has done a terrible job of running the province but I see he still has a AAA credit rating. I really doubt we would still be AAA if the other guys were running it.

[Guest]

Some people think Brad Wall has done a terrible job of running the province but I see he still has a AAA credit rating. I really doubt we would still be AAA if the other guys were running it.

We would be shut down if thos oarnge pricks were running this place but brad sure could of done more and our mla did absolutely nothing here , irs frustrating

[grassfarmer]

These oarnge pricks?

[chuckChuck]

Some people think Brad Wall has done a terrible job of running the province but I see he still has a AAA credit rating. I really doubt we would still be AAA if the other guys were running it.

So if credit ratings are a measure of good government then you must support Justin as Canada has a triple AAA as well!

[Guest]

So if credit ratings are a measure of good government then you must support Justin as Canada has a triple AAA as well!

Do you honestly think he knows a thing about money ?? Give him time , he will downgrade it once theres noone left to tax

[the big wheel]

I wonder if the people that do the credit rating know the gov owes crop insurance a huge amount? Every fee has been raised that could be services cut I guess that's good government wish my banker would let me gouge someone when I spent like a fool other people money.
Outstanding!! Shows how stupid those ratings really are.

[Misterjade9]

This isn't the right thread to post this, but I will anyway. I did some digging and had a coffee meeting with my local MLA and I brought up the numbers that Klause had posted about how much the GRF owes to SCIC. That amount is the government's portion of yours and mine premiums. The reason it has increased by about 1.24M every year is because the premiums have gone up and people are insuring at a higher level. This is what he told me, take it as it is.

[the big wheel]

I could be wrong but I'd suggest buying some breath mints because your mla just fed you a load of shit!!!

And which one is it? Premiums are lower or they are higher? Did he mention why the too wet acre premium is double to
3 times more than other provinces and that the payouts hit your experience discount? All improvements but to who?

[jensend]

I'm sure Misterjade is correct. Premiums are actuarially determined and will be accurate in a normal year or over the long term. I think it's accepted payouts under production insurance and Agristability have been high over the last 6 or 8 years. Forty per cent of a premium that covers the normal liability is not going to generate surpluses. As well, administration costs are picked up by the two levels of government. A private insurer would cover that expense out of premiums. The numbers Klause put out are an indication of the level of subsidy given to producers through SCIC.