This report supplements our research update "Province of Prince Edward Island 'A' Ratings Affirmed On Improved Debt Burden," published Oct. 29, 2014. To provide the most current information, we may cite more recent data than that stated in the previous publication. These differences have been determined not to be sufficiently significant to affect the rating and our main conclusions. The ratings on the Province of Prince Edward Island (PEI) reflect Standard&Poor's Ratings Services' opinion of the province's average economic performance and strong financial management. The ratings also reflect our view of the "very predictable and well-balanced" institutional framework for Canadian provinces and PEI's high, but improving, debt burden and very low contingent liabilities. In our opinion, the province's
