Canada Credit Rating

Current Canada credit ratings, according to main rating agencies.

Swipe left to see all data

Rating Agency	Rating	Outlook	Last Update	Action
Standard & Poor's	AAA	-	29 Jul 2002	rating upgrade
Moody's Investors Service	Aaa	-	3 May 2002	rating upgrade
Fitch Ratings	AA+	-	25 Jun 2020	rating downgrade
DBRS	AAA	-	16 Dec 2002	rating upgrade

Canada: Long-term Rating Scales Comparison

Symbol means a positive outlook assigned by the rating agency.
Symbol means a negative outlook.

Swipe left to see all data

Grade	Description	S&P	Moody's	Fitch	DBRS

Investment Grade	Prime	AAA	Aaa	AAA	AAA


	High Medium Grade	AA+	Aa1	AA+	AA(high)
		AA	Aa2	AA	AA
		AA-	Aa3	AA-	AA(low)


	Upper Medium Grade	A+	A1	A+	A(high)
		A	A2	A	A
		A-	A3	A-	A(low)


	Lower Medium Grade	BBB+	Baa1	BBB+	BBB(high)
		BBB	Baa2	BBB	BBB
		BBB-	Baa3	BBB-	BBB(low)

Speculative Grade	Speculative	BB+	Ba1	BB+	BB(high)
		BB	Ba2	BB	BB
		BB-	Ba3	BB-	BB(low)


	Highly Speculative	B+	B1	B+	B(high)
		B	B2	B	B
		B-	B3	B-	B(low)


	Substantial Risk	CCC+	Caa1	CCC+	CCC(high)
		CCC	Caa2	CCC	CCC
		CCC-	Caa3	CCC-	CCC(low)


	Extremely Speculative	CC	Ca	CC	CC
	Extremely Speculative	C	C	C	C


	In Default	RD	/	RD	RD
		SD	/	SD	SD
		D•NR	D•NR	D•NR	D•NR

Canada Credit Ratings historical data

Timetable of Canada credit ratings by S&P, Moody's, Fitch and DBRS agencies.
Symbol means a positive outlook assigned by the rating agency.
Symbol means a negative outlook.

Swipe left to see all data

Date	S&P	Moody's	Fitch	DBRS
25 Jun 2020			AA+
12 Aug 2004			AAA
16 Dec 2002				AAA
29 Jul 2002	AAA
3 May 2002		Aaa
3 Apr 2001			AA+
21 Jun 2000		Aa1
6 Apr 2000		Aa2
22 Oct 1997				AA (high)
24 Feb 1997	AA+
12 Apr 1995		Aa2
28 Mar 1995				AA (high)
3 Mar 1995	AA+
16 Feb 1995		Aa1
10 Aug 1994			AA
2 Jun 1994		Aa1
21 Mar 1994				AA (high)
28 May 1993				AAA
14 Oct 1992	AA+
16 Oct 1987				AAA
12 Apr 1974		Aaa
22 May 1968		Aa
3 Nov 1951	AAA
24 Aug 1949	AA

Back to Canada Government Bonds - Yields Curve

Back to World Credit Ratings

Related Topics