South Coast British Columbia Transportation Authority: Rating Report

DBRS Limited (DBRS) confirmed the Issuer Rating and Senior Unsecured Debt rating of South Coast British Columbia Transportation Authority (TransLink) at AA and its Commercial Paper rating at R-1 (middle), all with Stable trends. The ratings are supported by TransLink’s diverse revenue streams, including its status as a taxing authority in the Metro Vancouver Regional District, robust ridership growth and strong regional economic growth dynamics. TransLink’s solid operating performance and robust long-term financial planning framework are also supportive of the ratings and Stable trends.