credit rating

Sask’s credit rating stays at AA according to S&P report

Aug 18, 2021 | 7:27pm

A recent report from S&P Global Ratings has affirmed Saskatchewan’s credit rating at AA with a stable outlook, The S&P report states that “we expect that with the resumption of economic growth, the province’s revenues will begin to recover, and its fiscal results will materially improve in the next two years.” The report adds that […]

Canadian Taxpayers Fed. says province needs to control spending after credit rating downgrade

May 25, 2021 | 6:36am

The Canadian Taxpayers Federation (CTF) say the Saskatchewan government needs to control their spending after the province’s credit rating was downgraded. CTF Prairie Director Todd MacKay says with the pandemic causing additional spending in areas like healthcare, the province needs to find ways to save money elsewhere. “Spending is going up across the board, almost […]

Regina given AAA credit rating for third straight year

May 23, 2021 | 10:36am

The City of Regina has earned a AAA credit rating for the third consecutive year, from S&P Global. Mayor Sandra Masters says the credit rating just shows how well the city has managed its finances, especially while dealing with COVID-19. “That credit rating influences the interest rate the City of Regina pays for the money […]

Saskatchewan’s “AA” credit rating affirmed by major agency

Jun 22, 2020 | 10:07am

S&P Global Ratings is affirming the province’s “AA” credit rating and stable outlook in a report. The report says the province’s stable outlook reflects our expectation that deterioration in Saskatchewan’s budgetary performance as a result of the pandemic will be temporary, with the province recording steady improvement in fiscal results over the next two years.” […]