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:
- Standard & Poor’s Research Update: Territory of Yukon [pdf]
- Standard & Poor’s Supplementary Analysis: Territory of Yukon [pdf]