NEW YORK (Standard&Poor's) Dec. 10, 2001--Standard&Poor's today assigned its triple-'B'-plus rating to Dominion Canada Finance Co.'s (DCFC) CDN$750 million medium-term note program. The notes will carry the guarantee of Dominion Resources Inc., DCFC's parent company. The company expects to use the net proceeds from the ultimate sale of the debt to refinance existing bank debt of Dominion Resource's Canadian exploration and production operations. The rating on the notes is derived from the parent company's unsecured debt rating. The outlook is stable. The ratings on Dominion Resources and its Consolidated Natural Gas Co. (CNG) affiliate reflect a consolidated credit assessment methodology, resulting in the same corporate credit rating (risk of default) for Dominion Resources and CNG. The
