Ottawa, University of: Rating Report

On December 21, 2017, DBRS Limited (DBRS) confirmed the
University of Ottawa’s (Ottawa or the University) Issuer Rating
and Senior Unsecured Debt rating at AA (low) with Stable trends.
The University’s credit profile is supported by its strong reputation
as a leading research-intensive university, breadth of program
offerings and status as Canada’s largest bilingual university.
The University also benefits from its location in Canada’s capital
and a relatively strong balance sheet.