Peel’s Triple A Credit Rating is Reaffirmed!
We’ve had a Triple A Credit Rating for 27 Consecutive Years
We are proud to announce that our Triple A credit rating has been reaffirmed by both Moody's Investors Service and S&P Global Ratings. We have held a Triple-A credit rating for 27 consecutive years.
This is a major accomplishment as the Region as Peel was one of only 14 Canadian municipalities to receive a Triple A credit rating from S&P Global Ratings this year; and one of eight municipalities to receive this credit rating from Moody’s Investors Services.
A high credit rating ensures we have access to lower long-term borrowing costs to make important community investments in infrastructure such as water, wastewater, roads and affordable housing.
This rating reflects our every-day commitment to manage tax dollars responsibly and deliver value-added, affordable services to our residents and businesses today and over the long term.
Maintaining a high credit rating is in alignment with the Region's Long Term Financial Planning Strategy (LTFPS), which guides Regional investments in services, programs and infrastructure to meet the needs of Peel residents, businesses and community partners today and in the future. It also supports the Region's 20-year Strategic Plan with a vision of building a Community for Life across Peel.
To learn more about how the Region of Peel qualifies for the ratings, view the S&P Global Ratings report and Moody’s Investors Service report.
