DBRS Assigns Rating of BBB and Discontinues Issuer Rating for BCOP

DBRS Limited (DBRS) has today assigned a Senior Unsecured Debt Rating (none outstanding) of BBB with a Stable Trend to Brookfield Canada Office Properties (BCOP or the Trust). Concurrently, DBRS has discontinued - withdrawn the Issuer Rating of BCOP as it is replaced by the newly assigned Senior Unsecured Debt Rating. DBRS notes that these rating actions are unrelated to the Trust’s credit risk profile.

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 methodology is Rating Entities in the Real Estate Industry, which can be found on our website under Methodologies.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.