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

Alberta (Province of)

Published Oct 23, 2008

4341 words — Published Oct 23, 2008

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About This Report

Abstract:

Extremely low net tax-supported debt burden Remarkably strong liquidity position afforded by 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 in the often volatile energy sector compared with that of domestic peers The ratings on the Province of Alberta reflect: The province's continuing strong budgetary performances for more than a decade, punctuated by larger-than-expected surpluses in the past five fiscal years; An extremely low net tax-supported debt burden compared with that of similarly rated domestic and international peers. Alberta's net tax-supported debt as a share of GDP rose slightly to 10.6% in fiscal 2008 (year ended March 31) from 9.3% in

Brief Excerpt:

RESEARCH Alberta (Province of) Publication date: 23-Oct-2008 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 Low Debt Burden – 2010/02/05 – US$ 150.00

Research Update: Province of Alberta 'AAA' Ratings Affirmed On Low Debt Burden; Outlook Stable – 2010/02/05 – US$ 225.00

Province of Alberta Ratings Affirmed At 'AAA' On Continued Low Tax-Supported Debt – 2010/09/15 – US$ 150.00

Research Update: Province of Alberta 'AAA' Ratings Affirmed On Continued Low Tax-Supported Debt; Outlook Stable – 2010/09/15 – US$ 225.00

Alberta (Province of) – 2010/09/23 – US$ 500.00

Summary: Alberta (Province of) – 2008/10/23 – US$ 225.00

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

Research Update: Province of Alberta 'AAA' Ratings Affirmed On Strong Budgetary Performance; Outlook Stable – 2008/10/10 – US$ 225.00

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

Summary: Alberta (Province of) – 2007/09/28 – 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)" Oct 23, 2008. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Alberta-Province-of-678668>

APA:	S&P Global Ratings’ Credit Research. (). Alberta (Province of) Oct 23, 2008. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Alberta-Province-of-678668>

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