Tag Archives: Credit Rating

Good news from our CFO on the City’s credit rating

August 29, 2014

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Madame Mayor & Council: Earlier this morning, Standards & Poor’s Rating Services (S&P) reaffirmed Guelph’s credit rating at AA+ with a stable outlook. According to S&P’s Ratings Direct Research Update report the rating reflects Guelph’s, “very strong economic fundamentals, budgetary flexibility, exceptional liquidity position and low debt burden.” The credit rating also reflects S&P’s view […]

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Guelph credit rate upgraded to AA+

August 29, 2013

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Guelph, ON, August 29, 2013 – Earlier today, Standards & Poor’s Rating Services (Standards & Poor’s) increased Guelph’s credit rating from AA to AA+. “We are very pleased to see Guelph’s credit rating upgraded again this year,” said City treasurer, Al Horsman “The AA+ rating reaffirms our belief that the City’s financial position is not […]

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