Guelph, University of: Rating Report

DBRS Limited (DBRS) confirmed the University of Guelph’s (Guelph or the University) Issuer Rating and Senior Unsecured Debt ratings at A (high). Both trends are Stable. The ratings are supported by the University’s well-established academic profile, robust student demand and strong financial risk assessment metrics. The future direction of provincial post-secondary policy adds an element of uncertainty to the medium-term outlook while ongoing pension reform provides promise for the University, once achieved.