York University: Rating Report

DBRS Limited (DBRS Morningstar) confirmed York University’s (York or the University) Issuer Rating and Senior Unsecured Debentures rating at A (high) with Stable trends. The ratings are supported by York’s strong academic profile, favourable location in the Greater Toronto Area (GTA), and healthy operating results. The challenging operating environment and some uncertainty about the direction of provincial policy remain obstacles for all public universities in the Province of Ontario. In the past, York has faced several labour disruptions that led to adverse impacts on short- and medium-term enrolment prospects.