Investor Relations - Credit Ratings

The Province currently receives credit ratings from Moody’s Investors Service (Moody’s),
Standard & Poor’s Ratings Services (S&P) and Dominion Bond Rating Service (DBRS).

These firms provide an independent assessment of the credit worthiness of the Province of Alberta, typically providing a credit rating for the short-term debt, long-term debt, and a ratings outlook or trend. Additional information regarding each service's rating scales can be found on their websites at Moody's, Standard & Poor’s and DBRS.

Province of Alberta Current Credit Ratings

Province of Alberta
Credit Reports and Press Releases
Province of Alberta
Long-term Rating
Province of Alberta
Short-term Rating
  Moody's:
            Credit Opinion: August 2, 2017
Aa1
(Outlook negative)
P-1
  S&P:
            Credit Report: May 26, 2017
A+
(Outlook stable)
A-1+
  DBRS:
            Credit Report: July 7, 2017
AA (high)
(Negative trend)
R-1 (high)
(Stable trend)

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Other Provinces' Long-term Credit Ratings *

Province Moody's S&P DBRS
British Columbia
Aaa
AAA
AA (high)
Saskatchewan
Aaa
AA
AA
Manitoba
Aa2
A+
A (high)
Ontario
Aa2
A+
AA (low)
Quebec
Aa2
AA-
A ( high)
New Brunswick
Aa2
A+
A (high)
Nova Scotia
Aa2
A+
A (high)
Newfoundland
Aa3
A
A (low)
Prince Edward Island
Aa2
A
A (low)

* Ratings reports are issued to individual provinces and not necessarily at the same time.

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Page last updated:  August 2, 2017