We are affirming our 'AA+' long-term issuer credit and senior unsecured debt ratings on the City of Regina. We believe the city has a strong economy and budgetary performance, good budgetary flexibility and very positive liquidity. The outlook reflects our expectations that Regina will maintain its strong economy and budgetary performance, its good budgetary flexibility and very positive liquidity. We further expect that the city's debt burden will rise but remain manageable. On May 30, 2013, Standard&Poor's Ratings Services affirmed its 'AA+' long-term issuer credit and senior unsecured debt ratings on the City of Regina, in the Province of Saskatchewan. The outlook is stable. The ratings on Regina reflect Standard&Poor's view of the city's strong economy
