Press Release

DBRS Confirms Ratings for Canadian Crown Agents and Canadian Wheat Board

Other Government Related Entities
July 18, 2014

DBRS has today, following the confirmation of the Government of Canada on July 18, 2014, confirmed the long-term ratings at AAA and short-term ratings at R-1 (high) on certain Crown agents: Business Development Bank of Canada, Canada Mortgage and Housing Corporation, Canada Post Corporation, Export Development Canada and Farm Credit Canada. In addition, the guaranteed debt of The Canadian Wheat Board has also been confirmed. All trends are Stable.

Notes:
The related regulatory disclosures pursuant to the National Instrument 25-101 Designated Rating Organizations are hereby incorporated by reference and can be found by clicking on the link to the right under Related Research or by contacting us at info@dbrs.com.

The applicable methodologies are Rating Agents of the Crown and DBRS Criteria: Guarantees and Other Forms of Explicit Support, which can be found on our website under Methodologies.

These ratings are endorsed by DBRS Ratings Limited for use in the European Union.

Canada Post Corporation’s full report providing additional analytical detail is available by clicking on the link under Related Research at the right of the screen or by contacting us at info@dbrs.com.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.

Ratings

Business Development Bank of Canada
Canada Mortgage and Housing Corporation
Canada Post Corporation
Canadian Wheat Board, The
Export Development Canada
Farm Credit Canada
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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.