Press Release

DBRS Morningstar Publishes Updated Legal Criteria for Canadian Structured Finance

June 20, 2023

DBRS Morningstar published an updated version of its “Legal Criteria for Canadian Structured Finance.”

DBRS Morningstar has conducted a periodic review of “Legal Criteria for Canadian Structured Finance.” This update supersedes the previous version published on June 22, 2022, and is effective as of June 20, 2023. DBRS Morningstar deems the update not to be material and has determined that no ratings are expected to change as a result of this update.

The DBRS Morningstar Sovereign group releases baseline macroeconomic scenarios for rated sovereigns. DBRS Morningstar analysis considered impacts consistent with the baseline scenarios as set forth in the following report:

DBRS Morningstar methodologies are publicly available on its website under Methodologies & Criteria.

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