DBRS Discontinues Rating of NIF-T Series 2006-1 Class A-4 Notes and Class B-1 Notes

DBRS has today discontinued the rating of the Class A-4 Senior Medium-Term Notes, Series 2006-1 and the Class B-1 Subordinated Medium-Term Notes, Series 2006-1 (collectively, the Notes) issued by NIF-T as the Notes were fully repaid as of August 24, 2009.

The applicable methodology is Rating Canadian Auto Lease Transactions, which can be found on our website under Methodologies.

This is a Structured Finance rating.

Ratings

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
25-Aug-09	Class A-4 Senior Medium-Term Notes, Series 2006-1	Discontinued	--	Disc.-Repaid	CA
25-Aug-09	Class B-1 Subordinated Medium-Term Notes, Series 2006-1	Discontinued	--	Disc.-Repaid	CA

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NIF-T

Class A-4 Senior Medium-Term Notes, Series 2006-1

Date Issued:Aug 25, 2009
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:CA

Class B-1 Subordinated Medium-Term Notes, Series 2006-1

Date Issued:Aug 25, 2009
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:CA

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.

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