Rating Report

Ontario, Province of: Rating Report

Sub-Sovereign Governments, Utilities & Independent Power


On June 24, 2021, DBRS Limited (DBRS Morningstar) confirmed the Issuer Rating and the Long-Term Debt rating of the Province of Ontario (Ontario or the Province) at AA (low) as well as the Short-Term Debt rating at R-1 (middle). DBRS Morningstar also confirmed Ontario Electricity Financial Corporation’s (OEFC) Long-Term Obligations (based on the Province's) rating at AA (low). All trends are Stable.