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Aditi Joshi ... (+2)
  • Aditi Joshi
  • Vaqar Hussain

Concordia University: Rating Report

On December 22, 2022, DBRS Limited (DBRS Morningstar) confirmed Concordia University’s Issuer Rating and Senior Unsecured Debt rating at "A." All trends are Stable.

Aditi Joshi ... (+2)
  • Aditi Joshi
  • Vaqar Hussain

DBRS Morningstar Confirms Concordia University’s Ratings at “A,” Stabl...

Please refer to PDF document for more detail about our research: DBRS Morningstar Confirms Concordia University’s Ratings at “A,” Stable Trends

Aditi Joshi ... (+4)
  • Aditi Joshi
  • Apurva Khandeparker
  • Travis Shaw
  • Vaqar Hussain

International Student Recruitment Rebound Hindered by Canada’s Visa Pr...

After a sharp drop in 2020, as a result of border restrictions for different nations and national Coronavirus Disease (COVID-19)-related strategies, international student recruitment at Canadian universities is again on the rise. As the pandemic unfurled, universities were prompted to close campuses and shift to remote learning, forcing thousands of international students to take the majority of their courses online or choose to defer enrolment. While the trend may persist longer in other parts ...

Aditi Joshi ... (+4)
  • Aditi Joshi
  • Apurva Khandeparker
  • Travis Shaw
  • Vaqar Hussain

University Applications Grow in Ontario—What Does it Mean for Enrolmen...

Ontario universities saw a flurry of applications from Ontario secondary school students, also known as the 101s or domestic students, according to the latest statistics from the Ontario Universities’ Application Centre. These figures do not include nonsecondary school applicants (i.e., mature students and transfer, international, and out-of-province students), which will be reported on in April. The February 2022 numbers point to an 8.4% increase in the total number of applications compared wit...

Aditi Joshi ... (+2)
  • Aditi Joshi
  • Apurva Khandeparker

Concordia University: Rating Report

On December 8, 2021, DBRS Limited (DBRS Morningstar) confirmed Concordia University’s (Concordia or the University) Issuer Rating and Senior Unsecured Debt ratings at "A." All trends are Stable. The ratings reflect Concordia's academic profile and the high level of support and oversight in post-secondary education exercised by the Province of Québec (Québec or the Province; rated AA (low) with a Stable trend by DBRS Morningstar). The ratings also reflect ongoing budgetary pressures amid an incre...

Aditi Joshi ... (+2)
  • Aditi Joshi
  • Apurva Khandeparker

DBRS Morningstar Confirms Concordia University’s Ratings at “A,” Stabl...

Please refer to PDF document for more detail about our research: DBRS Morningstar Confirms Concordia University’s Ratings at “A,” Stable Trends

Aditi Joshi ... (+3)
  • Aditi Joshi
  • Apurva Khandeparker
  • Travis Shaw

A Return to Campus and Credit Implications for the Year Ahead

While many jurisdictions across Canada continue to grapple with the fourth wave of the Coronavirus Disease (COVID-19) pandemic, for public universities, the faster-than-anticipated vaccine roll-out and high inoculation rates are supporting a cautious return to in-person learning and other on-campus activities. With this increased campus presence, higher utilization of ancillary services are expected to financially benefit institutions. In-person learning and greater access to campus facilities a...

Aditi Joshi ... (+2)
  • Aditi Joshi
  • Travis Shaw

Concordia University: Rating Report

DBRS Limited (DBRS Morningstar) changed the trend on Concordia University’s (Concordia or the University) Issuer Rating and Senior Unsecured Debt rating to Stable from Positive and confirmed both ratings at “A”.

Aditi Joshi ... (+2)
  • Aditi Joshi
  • Travis Shaw

DBRS Morningstar Changes Trend on Concordia University to Stable, Conf...

Please refer to PDF document for more detail about our research: DBRS Morningstar Changes Trend on Concordia University to Stable, Confirms Ratings at “A”

Aditi Joshi ... (+3)
  • Aditi Joshi
  • Paul Le Bane
  • Travis Shaw

Canadian Universities: The Enrolment Outlook Presents Medium-Term Fina...

The coronavirus pandemic has led to a rapid shift to remote learning, considerably reduced on-campus activity, and an uncertain enrolment outlook in Canadian post-secondary education. However, earlier fears that domestic and international enrolment would fall sharply have not materialized for Canadian universities that DBRS Morningstar rates.

Aditi Joshi ... (+3)
  • Aditi Joshi
  • Paul Le Bane
  • Travis Shaw

Canadian Universities Tread Cautiously amid Mounting Coronavirus Conce...

The Coronavirus Disease (COVID-19) pandemic has had a near-term negative impact on Canadian universities because of travel restraints, physical distancing, and mandatory shutdowns, all of which affect how they traditionally operate. Ratings are not likely to decline under DBRS Morningstar's moderate case economic scenario. However, if current conditions persist to the end of 2020, the pandemic may have a significant effect on university credit profiles and, without offsetting government financia...

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