Saskatchewan received some good economic news Tuesday.
Moody’s Investors service has confirmed Saskatchewan’s Triple-A credit rating, which is the highest rating among provinces.
In its credit opinion update, Moody’s states, “Saskatchewan’s Aaa rating benefits from very strong debt affordability… Saskatchewan’s fiscal planning is supported by comprehensive and transparent financial reporting,” and also commends the province for multi-year fiscal planning.
Only two provinces in Canada enjoy an Aaa rating from Moody’s: British Columbia and Saskatchewan.
Alberta used to be one of three provinces in the country with a Aaa rating, but was recently downgraded.