DBRS Releases Report on Province of Saskatchewan
Sub-Sovereign GovernmentsDBRS has today released a report on the Province of Saskatchewan (the Province) that provides further detail on the recent confirmation of the ratings.
Saskatchewan’s strong credit profile continues to be supported by a relatively low and declining debt burden, favourable fiscal results and strong economic growth potential. Although considerable uncertainty persists with respect to global growth forecasts and, ultimately, demand for Saskatchewan’s growing commodity exports, the Province demonstrated in 2009-10 that it can manage these headwinds with only limited erosion to its financial profile.
To obtain a copy of the report or the September 2, 2011, press release, please see the links under Related Research.