reports
- Aditi Joshi
- Thomas R. Torgerson
- Travis Shaw
- Aditi Joshi
- Travis Shaw
Provincial 2022–23 First Quarter Wrap-up—Rapid Fiscal Turnaround but M...
Most provinces have experienced a dramatic fiscal turnaround and appear well-positioned to outperform budget targets for 2022–23; however, these trends are unlikely to be sustained as the economic outlook becomes increasingly clouded. Notwithstanding these headwinds, the majority of DBRS Morningstar's provincial ratings currently have Stable trends as strong fiscal performance has contributed to financial flexibility at the current ratings.
- Aditi Joshi
- Apurva Khandeparker
- Travis Shaw
Newfoundland and Labrador, Province of: Rating Report
On August 17, 2022, DBRS Limited (DBRS Morningstar) confirmed the Province of Newfoundland and Labrador’s Issuer Rating and Long-Term Debt rating at A (low) and Short-Term Debt rating at R-1 (low). Concurrently, DBRS Morningstar confirmed Newfoundland and Labrador Hydro’s Guaranteed Long-Term Debt at A (low) and Guaranteed Short-Term Debt at R-1 (low). The trends on all ratings are Stable.
- Aditi Joshi
- Apurva Khandeparker
- Travis Shaw
- Aditi Joshi
- Travis Shaw
Newfoundland and Labrador, Province of: Rating Report
On September 2, 2021, DBRS Limited (DBRS Morningstar) changed the trends on the Province of Newfoundland and Labrador’s (Newfoundland or the Province) Issuer Rating and Long-Term Debt rating to Stable from Negative and changed the trend on the Guaranteed Long-Term Debt of Newfoundland and Labrador Hydro to Stable from Negative. DBRS Morningstar also confirmed the Province’s Issuer Rating and Long-Term Debt rating at A (low) and confirmed its Short-Term Debt at R-1 (low). Concurrently, DBRS Morni...
- Aditi Joshi
- Travis Shaw
- Aditi Joshi
- Travis Shaw
Province of Newfoundland and Labrador Budget 2021 - Charting a Fiscal ...
The Province of Newfoundland and Labrador (Newfoundland or the Province; rated A (low) with a Negative trend by DBRS Morningstar) released its 2021 budget on May 31, 2021. This is Newfoundland's first budget following a drawn-out election that saw the Liberal Party win a majority government in March 2021 in the Province's first mail-in-only election.
- Aditi Joshi
- Travis Shaw
Newfoundland and Labrador, Province of: Rating Report
On December 2, 2020, DBRS Limited (DBRS Morningstar) confirmed the Issuer Rating and Long-Term Debt rating of the Province of Newfoundland and Labrador (Newfoundland or the Province) at A (low) and confirmed the Short-Term Debt at R-1 (low). Concurrently, DBRS Morningstar confirmed the Guaranteed Long-Term Debt and Guaranteed Short-Term Debt of Newfoundland and Labrador Hydro at A (low) and R-1 (low), respectively.
- Aditi Joshi
- Travis Shaw
- Paul Le Bane
- Travis Shaw
DBRS Morningstar Confirms the Province of Newfoundland and Labrador’...
Please refer to PDF document for more detail about our research: DBRS Morningstar Confirms the Province of Newfoundland and Labrador’s Ratings at A (low), Negative Trend, and Removes from Under Review with Negative Implications
- Aditi Joshi
- Paul Le Bane
- Travis Shaw
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