Loading
9-Sep-2010 12:35 PM

Canada's AAA rating affirmed by Fitch

Canada’s AAA credit ratings were affirmed with a "stable outlook" by Fitch Ratings, citing the country’s “comparably stronger economic and fiscal performance during the global financial crisis” for its rating (Bloomberg, 09-Sep-2010).

Fitch Ratings: “Canada’s sound macro-economic policies, strong financial regulation and conservative banking practices, as well as responsible fiscal management, allowed it to skillfully weather the crisis and recover faster than any other G-7 economy,” Theresa Paiz Fredel, Senior Director Sovereign Group New York. Source: Bloomberg, 09-Sep-2010.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More