REGINA — Saskatchewan continues to maintain its Aa1 rating credit rating following affirmation by Moody's Investors Service,
Saskatchewan continues to have the second-highest credit rating among Canadian provinces when all three major rating agencies are considered, according to a press release.
Moody's noted that Saskatchewan has, "ongoing credit strengths including a strong institutional framework and strong debt and treasury management," and "unfettered access to a wide range of revenue measures."
Moody's release states that Aa1 rating and stable outlook reflect strong debt affordability and low refinancing risk, as well as relatively high levels of liquidity compared to provincial peers.