Tuesday, December 12, 2017
Close  
business /
  • 12
    shares

S&P confirms Canada’s AAA rating

/ 06:37 AM December 11, 2012

WASHINGTON—Standard & Poor’s confirmed Canada’s top-flight triple-A debt rating Monday, citing its economic strength that can weather the problems of the US economy to which it is closely tied.

“In our view, Canada’s chief credit strengths include the effectiveness, stability, and predictability of its policymaking and political institutions, the resilience of its economy, and the strength of its monetary and fiscal flexibility,” S&P said.

ADVERTISEMENT

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Business, Canada, Debt, economy, Standard & Poor's
For feedback, complaints, or inquiries, contact us.




© Copyright 1997-2016 INQUIRER.net | All Rights Reserved