TELUS Corporation: Rating Report

On June 3, 2021, DBRS Limited (DBRS Morningstar) confirmed TELUS Corporation’s (TELUS or the Company) Issuer Rating and the rating of the Company’s Notes at BBB (high). DBRS Morningstar also confirmed TELUS’ Commercial Paper rating at R-2 (high) and the rating of TELUS Communications Inc.’s Senior Debentures at BBB (high). All trends are Stable.