Along with the leadership of Canada’s largest province and the keys to its 120 year-old pink- sandstone legislature, the winner of Ontario’s election tomorrow will claim the largest pile of debt of any province, state or local government in the world.
A central Florida county is building a toll road through swampland near Walt Disney World to speed the commutes of local workers, financing the project by selling low-rated debt to yield-hungry investors.
Casino operators sparred over the impact online betting is having on land-based properties as Pennsylvania legislators consider whether to make the state the most-populous yet to allow Internet wagering.
The biggest holders of Chicago general-obligation bonds are diverging on the city’s outlook as it stares down $590 million in extra pension payments. State lawmakers invoke Detroit as the consequence of inaction.