Investor relations

The Regional Municipality of Peel is the second-largest municipality in the Greater Toronto Area consisting of Brampton, Caledon and Mississauga.

In addition to its strong labour market and growing population of nearly 1.5 million people, Peel is:

Within Canada's largest economic hub (the GTA).
Close to the United States market.
Home to Canada’s largest airport (Toronto Pearson International Airport).
Serviced by 5 major highways and several international railroads.
Bordered by Lake Ontario.

Peel Transition Implementation Act, 2024

On December 12, 2024, the Province introduced the Peel Transition Implementation Act, 2024 which, if passed, would transfer the delivery of some public works services from Peel Region to Mississauga, Brampton and Caledon. The proposed changes include transferring jurisdiction and responsibility for the following services, effective July 1, 2026, or as determined by the Minister:

Regional roads and associated stormwater infrastructure, including ownership and maintenance responsibilities, from the Region of Peel to Mississauga, Brampton, and Caledon.
Waste collection services and two community recycling centres located in Mississauga from the Region of Peel to the City of Mississauga. No other changes to Brampton or Caledon.

The government is continuing to explore potential options for the transfer of water/wastewater services from Peel Region noting that any future outcome would maintain public ownership.

Bill 185, Cutting Red Tape to Build More Homes Act 2024

On June 6, 2024, Bill 185, the Cutting Red Tape to Build More Homes Act, 2024, received Royal Assent, confirming that Peel Region will not be dissolved. This also affirms certain other amendments to Bill 112, specifically:

The mandate of the Transition Board will be recalibrated to focus specifically on the following services: land use planning, water and wastewater (including stormwater), Regional roads, and waste management.
Making local government in Peel Region more efficient and responsive to the needs of residents and taxpayers:
- Accelerating the building of homes to increase housing supply;
- Reducing duplication;
- Ensuring continuity of services;
- Recognizing the importance of value for money and financial sustainability.

Link: Bill 185, Cutting Red Tape to Build More Homes Act, 2024 – Legislative Assembly of Ontario (ola.org)

Bill 112, Hazel McCallion Act (Peel Dissolution), 2023

On May 18, 2023, the Government of Ontario introduced the Hazel McCallion Act (Peel Dissolution), 2023 (the “Act”) which would, if passed, begin the process to dissolve The Regional Municipality of Peel (“Peel”) and continue the City of Mississauga, the City of Brampton and the Town of Caledon as single-tier municipalities.

Link: https://www.ola.org/en/legislative-business/bills/parliament-43/session-1/bill-112

Rating agency	Credit rating
Moody’s Ratings	Aaa (Stable)
S&P Global Ratings	AAA (Stable)

Sinking fund debentures

CUSIP	Issue date	Maturity date	Coupon	Amount	Term at issue date	Circular
705464DQ5	June 29, 2010	June 29, 2040	5.10%	$300,000,000	30 YR	705464DQ5 - new
705464DQ5	March 15, 2011	June 29, 2040	5.10%	$200,000,000	30 YR	705464DQ5 - re-open
705464EC5	October 30, 2012	October 30, 2042	3.85%	$300,000,000	30 YR	705464EC5 - new
705464EP6	June 20, 2013	June 20, 2053	3.95%	$33,000,000	40 YR	705464EP6
705464EQ4	August 23, 2013	December 2, 2033	4.25%	$250,000,000	20 YR	705464EQ4
705464FX8	November 2, 2016	November 2, 2026	2.3%	$150,000,000	10 YR	705464FX8
705464EC5	April 2, 2019	October 30, 2042	3.85%	$23,000,000	30 YR	705464EC5 - re-open
705464HE8	June 2, 2020	June 16, 2051	2.50%	$200,000,000	31 YR	705464HE8 - new
705464HE8	September 27, 2021	June 16, 2051	2.50%	$150,000,000	30 YR	705464HE8 - re-open
705464JM8	April 8, 2025	June 2, 2035	3.85%	$300,000,000	10 YR	705464JM8

Instalment debentures

CUSIP	Issue date	Maturity date	Coupon	Amount	Term at issue date	Circular
705464ER2–FA8	June 10, 2014	June 10, 2015 – 2024	1.20 – 3.30%	$36,607,000	10 YR	705464ER2–FA8
705464FB6–FL4	August 20, 2015	August 20, 2016 – 2025	0.95 – 2.40%	$40,000,000	10 YR	705464FB6–FL4
705464FM2–FW0	June 1, 2016	June 01, 2017 – 2026	1.15 – 2.50%	$40,684,000	10 YR	705464FM2–FW0
705464FY6–GH2	September 28, 2017	September 28, 2018 – 2027	1.70 – 3.00%	$38,853,000	10 YR	705464FY6–GH2
705464GJ8–GT6	March 27, 2018	March 27, 2019 – 2028	1.80 – 3.05%	$53,270,000	10 YR	705464GJ8–GT6
705464GU37–HD0	October 15, 2019	October 15, 2020 – 2029	1.90 – 2.25%	$51,760,000	10 YR	705464GU37–HD0
705464HF–HQ1	February 17, 2021	February 17, 2022 – 2031	0.25 – 1.50%	$47,100,000	10 YR	705464HF-HQ1
705464HR-JA4	November 8, 2021	November 8, 2022 – 2031	0.80 – 2.30%	$51,000,000	10 YR	705464HR-JA4
705464JB-JL0	March 7, 2022	March 7, 2023 - 2032	1.45 – 2.75%	$50,000,000	10 YR	705464JB-JL0