Québec, Province of: Rating Report
Sub-Sovereign Governments, Utilities & Independent Power, Other Government Related EntitiesSummary
On June 10, 2024, DBRS Limited (Morningstar DBRS) confirmed the Issuer Rating and Long-Term Debt credit rating of the Province of Québec (Québec or the Province) at AA (low) as well as its Short-Term Debt credit rating at R-1 (middle). Concurrently, Morningstar DBRS confirmed the Guaranteed Long-Term Debt and Commercial Paper credit ratings of Hydro-Québec at AA (low) and R-1 (middle), respectively, as well as the Long-Term Debt and Short-Term Debt credit ratings of Financement-Québec at AA (low) and R-1 (middle), respectively. The trend on all credit ratings is Stable.
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