S&P maintains AAA rating on Canada despite historic deficits

deep

S&P Global Ratings is standing by its AAA rating on Canada despite last week's federal budget that included $101 billion in new spending measures over the next three years.

In a report late Monday afternoon, S&P said it was affirming its top-notch rating with a stable outlook because "Canada's public finances were well positioned entering the pandemic, enabling a strong policy response to contain its negative effects without weakening sovereign creditworthiness."

Cobra

不过也不指望这帮rating agent能做什么正确的决定。2008年出事的都是他们给AAA的评级的。