The ratings on the Province of Alberta reflect: The province's extremely low debt burden compared with that of similarly rated domestic and international peers. Alberta's net tax-supported debt as a share of GDP fell to 0.6% in fiscal 2007 (year ended March 31) and should decline further in the medium term. The province's net financial liabilities (defined as net tax-supported debt plus unfunded liabilities) as a percent of total revenues is also very low compared with that of global peers. The province's net financial liabilities burden declined to 19% of total revenues in fiscal 2007, which was significantly lower than the 59% recorded as at the end of fiscal 2003. The province's net creditor status. Its substantial fixed-income and equity
RESEARCH Summary: Alberta (Province of) Publication date: 28-Sep-2007 Primary Credit Analyst: Mario Angastiniotis, Toronto (1) 416-507-2520; mario_angastiniotis@standardandpoors.com Secondary Credit Analyst: Stephen Ogilvie, Toronto...
Summary
Enter the keyword(s) you would like to search for within this report:
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) – 2008/10/23 – US$ 500.00
Summary: Alberta (Province of) – 2008/10/23 – US$ 225.00
Province of Alberta Ratings Affirmed At 'AAA' On Low Debt Burden – 2010/02/05 – US$ 150.00
Alberta (Province of) – 2007/09/28 – US$ 500.00
Province of Alberta Ratings Affirmed At 'AAA' On Solid Performance; Outlook Stable – 2007/09/19 – US$ 150.00
Research Update: Province of Alberta 'AAA' Ratings Affirmed On Strong Performance; Outlook Stable – 2007/09/19 – US$ 225.00
Alberta (Province of) – 2006/08/31 – US$ 500.00
Summary: Alberta (Province of) – 2006/08/31 – US$ 225.00
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.
Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.
Search all our Residential Mortgage-Backed Securities from one place.