Morningstar DBRS Publishes Updated Methodology and Related Appendices for Rating Canadian Structured Finance Transactions

Morningstar DBRS published an updated version of its “Rating Canadian Structured Finance Transactions” methodology (the General CSF Methodology) and the related appendices as follows:

(1) Franchise Loans appendix to the General CSF Methodology,
(2) Consumer Loans appendix to the General CSF Methodology,
(3) Insurance Premium Loans appendix to the General CSF Methodology,
(4) Residential Rental Equipment Contract Receivables appendix to the General CSF Methodology, and
(5) Utility Submetering Contract Fees appendix to the General CSF Methodology (together with the General CSF Methodology, the Methodology).

Morningstar DBRS conducted a periodic review of the Methodology. This update supersedes the previous version published on April 10, 2023, and is effective as of March 4, 2024. Morningstar DBRS deems the update not to be material and determined that no ratings are expected to change as a result of this update.

Notes:
Morningstar DBRS methodologies are publicly available on its website dbrs.morningstar.com under Methodologies & Criteria.

For more information on this methodology or on this industry, visit dbrs.morningstar.com or contact us at info-DBRS@morningstar.com.