B.C.’s Economic Strengths Highlighted in Europe and New York

B.C.’s Finance Minister Michael de Jong travels to Europe and New York to meet with investors June 1 – 11, 2014, where he will discuss B.C.’s economy, balanced budget, triple-A credit rating and LNG opportunity.

The minister and senior finance ministry officials will meet with investors interested in buying British Columbia bonds in the international and Canadian capital markets. The meetings present an excellent opportunity for highlighting the Province’s favorable credit story and generating European investor demand for B.C. bonds when the province comes to market. A strong investor following supports relatively low borrowing costs for provincial taxpayers.

As well as meeting with investors in London, de Jong will meet with officials and the U.K. Treasury to learn from London’s decision to become an offshore Renminbi Trading Centre. In November 2013, B.C. became the first foreign government to issue bonds into the Chinese Renminbi (CNH) market.

In New York, the minister will attend a conference on North American energy.

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Press Release, June 2, 2014