Government of Yukon


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FOR RELEASE
October 29, 2013

Yukon gets AA rating from global rating agency

WHITEHORSE—Global credit rating service Standard & Poor’s has affirmed Yukon’s credit rating as AA for the fourth year in a row.

“The rating confirms that Yukon has achieved a track record of strong economic performance and that we’re on course for continued growth,” Premier and Minister of Finance Darrell Pasloski said.

Strengths highlighted in the ratings report include Yukon’s low debt levels, strong budgetary performance and good financial management.

“The ratings agency looks at private sector economic performance and demographic trends as well as government finances,” Pasloski added. “Our rating success is a Yukon-wide achievement.”

For more information about the credit rating agency’s research visit:

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Contact:

Elaine Schiman
Cabinet Communications
867-633-7961
elaine.schiman@gov.yk.ca

Bill Curtis
Communications, Finance
867-667-5276
bill.curtis@gov.yk.ca


News release #13-263