The ratings on Canada continue reflecting the country's strong institutions, predictable policymaking, and diversified economy. High wealth, economic resilience, and ample fiscal and monetary buffers should enable the country to adjust to changing global economic conditions. We are therefore affirming our ratings, including our 'AAA' long-term and 'A-1+' short-term sovereign ratings, on Canada. The stable outlook reflects our expectation of moderate GDP growth, a prudent fiscal stance, and a gradually cooling housing market. On Nov. 27, 2018, S&P Global Ratings affirmed its ratings, including its 'AAA' long-term and 'A-1+' short-term sovereign credit ratings, on Canada. The outlook is stable. At the same time, S&P Global Ratings affirmed its 'AAA' transfer and convertibility assessment on the country. The stable outlook reflects
