Credit Rating

• U.S. loses AAA credit rating due to rising debt, interest costs: Moody’s

  The rating agency changed its outlook on the U.S. to 'stable' from 'negative,' but said the government has 'failed to agree on measures to reverse the trend' of high deficits.

  U.S. News

  May 16
  
• U.S. tariffs pose more risk to provinces than Canada’s credit, analysts say

  Ratings agencies said some provinces were more at risk from the potential March 4 tariffs due to their disproportionate exposure to U.S. exports or weaker financial positions.

  Canada

  Feb 27
  
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• Wellington County keeps AAA credit rating

  Standard and Poor's cites a number of factors that allowed Wellington to maintain its AAA credit rating.

  Canada

  Oct 29, 2023
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• Money Tips Monday: How to understand and improve your credit score

  In Canada, a person’s credit score is determined by two credit reporting bureaus: Equifax and TransUnion.

  Money

  Sep 26, 2023
• Nova Scotia Power bond rating downgraded by credit rating agency DBRS Morningstar

  The agency says the downgrade is due to what it calls the ``deterioration in the regulatory environment for the firm.''

  Canada

  Dec 21, 2022
• S&P gives County of Wellington a triple-A rating with a stable outlook

  The county received the highest possible rating from the ratings agency. It cites a strong local economy and reliance on debt remaining in line with expectations.

  Money

  Sep 20, 2022
• Guelph’s responsible handling of tax dollars results in AAA credit rating

  S&P Global Ratings cites Guelph's multi-year budget process, increased capital spending and lower expected deferrals in the future for the AAA rating.

  Money

  Sep 15, 2022
• Despite pandemic, City of London maintains triple-A credit rating from Moody’s

  'The City of London has a long, proud history of financial stability and prudent fiscal management,' said Mayor Ed Holder. 

  Economy

  Sep 30, 2020
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• Guelph boasts AA+ credit rating for 8th straight year despite COVID-19

  The city said S&P believes that despite the economic slowdown caused by the novel coronavirus, the city will recover within the next two years.

  Economy

  Aug 20, 2020
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• Edmonton airport traffic not expected to return to pre-pandemic levels until 2024

  A global credit ratings business has downgraded the Edmonton Regional Airports Authority's rating in light of the decline in passenger volumes with coronavirus.

  Economy

  Jul 23, 2020