S&P confirms Canada’s AAA rating

SHARES:

06:37 AM December 11th, 2012

December 11th, 2012 06:37 AM

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.

Disclaimer: Comments do not represent the views of INQUIRER.net. We reserve the right to exclude comments which are inconsistent with our editorial standards. FULL DISCLAIMER

For feedback, complaints, or inquiries, contact us.