Home Credit Ratings and Research Residential Mortgage-Backed Securities S&P Global Ratings’ Credit Research Alberta (Province of)

Alberta (Province of)

Published Aug 31, 2006

4190 words — Published Aug 31, 2006

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About This Report

Abstract:

Extremely low net tax-supported debt burden Extremely strong liquidity position afforded by its Heritage Savings Trust Fund assets Prudent and conservative budgetary practices Substantial financial flexibility Relatively large unfunded pension liabilities compared with those of some domestic peers Strong concentration of Alberta's economy in the often volatile energy sector compared with that of domestic peers The ratings on the Province of Alberta reflect: The province's extremely low net tax-supported debt burden compared with that of similarly rated international peers. Alberta's net tax-supported debt as a share of GDP declined to 1.6% in fiscal 2006 (year ended March 31) and is expected to decline further to 1.3% of GDP by the end of fiscal 2007. The strong liquidity position afforded by

Brief Excerpt:

RESEARCH Alberta (Province of) Publication date: 31-Aug-2006 Primary Credit Analyst: Mario Angastiniotis, Toronto (1) 416-507-2520; mario_angastiniotis@standardandpoors.com Secondary Credit Analyst: Stephen Ogilvie, Toronto (1) 416-507-2524;...

Report Type:

Full Report

Ticker

2026Z@CN

Issuer

Alberta (Province of)

Sector

Global Issuers, Structured Finance

Country

Canada

Region

United States

Format:

HTML

Province of Alberta Ratings Affirmed At 'AAA' On Solid Performance; Outlook Stable – 2007/09/19 – US$ 150.00

Research Update: Province of Alberta 'AAA' Ratings Affirmed On Strong Performance; Outlook Stable – 2007/09/19 – US$ 225.00

Alberta (Province of) – 2007/09/28 – US$ 500.00

Summary: Alberta (Province of) – 2007/09/28 – US$ 225.00

Province of Alberta 'AAA' Ratings Affirmed On Continued Strong Budgetary Performances – 2008/10/10 – US$ 150.00

Summary: Alberta (Province of) – 2006/08/31 – US$ 225.00

Province of Alberta Affirmed At 'AAA' On Extremely Low Debt Levels – 2006/08/22 – US$ 150.00

Research Update: Province of Alberta 'AAA' Ratings Affirmed On Extremely Low Debt; Outlook Stable – 2006/08/22 – US$ 225.00

Alberta (Province of) – 2005/11/10 – US$ 500.00

Summary: Alberta (Province of) – 2005/11/10 – US$ 225.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Alberta (Province of)" Aug 31, 2006. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Alberta-Province-of-529829>

APA:	S&P Global Ratings’ Credit Research. (). Alberta (Province of) Aug 31, 2006. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Alberta-Province-of-529829>

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