The ratings on Cogeco Cable Inc. reflect the company's below average, but improving financial risk profile, given the company's somewhat aggressive leverage, and the company's average business position, as Canada's fourth-largest cable company. Cogeco Cable is controlled by Cogeco Inc. (Cogeco), which owns an 86.6% voting interest (39.3% equity interest) in the company, with the remainder publicly owned. The ratings on Cogeco Cable are based on the consolidation with its parent company, Cogeco, which has an overall neutral affect on the ratings. Cogeco Cable offers cable TV, high-speed Internet (HSI), and other related services in small to midsize urban areas in the provinces of Ontario and Quebec. Standard&Poor's Ratings Services expects marginal improvements in the company's financial risk