OTTAWA—Credit rating agencies (CRAs) must be independent in order to be effective, says a new report released today by the Canadian Centre for Policy Alternatives (CCPA).
The report, by Doug Peters and Arthur Donner, is critical of the role CRAs played in the current financial crisis. They suggest that if a new Canada Securities Commission is instituted it should provide for an...
CCPA not only does first-rate research; it also connects with the real world by putting powerful information in the hands of advocacy groups and by presenting intelligent, progressive ideas in the media. It is a BC jewel and I urge everyone to support it.