TORONTO (Standard&Poor's CreditWire) Jan. 29, 2001--Standard&Poor's today raised its local currency long-term issuer credit and senior unsecured debt ratings on the Province of Alberta to triple-'A' from double-'A'-plus. The foreign currency long-term issuer credit and senior unsecured debt ratings on the province were affirmed at double-'A'-plus, reflecting the limit imposed by Canada's foreign currency long-term issuer credit rating. At the same time, Standard&Poor's affirmed its foreign currency 'A-1'-plus short-term issuer credit and commercial paper ratings on Alberta. The outlook is stable. On Oct. 31, 2000, Standard&Poor's and the Canadian Bond Rating Service (CBRS) announced that they have combined operations in Canada. A process is underway to harmonize all ratings assigned by CBRS
