Guelph maintains AA+ credit rating for a fifth consecutive year

Guelph, Ont., August 25, 2017 – Yesterday, S&P Global Ratings (S&P) announced the City of Guelph’s credit rating is strong and remains at AA+ with stable outlook.

“This is an independent, third-party confirmation of the City’s solid financial position and practices. It sends a strong signal that our municipal finances are in excellent shape,” said Mayor Cam Guthrie.

“For five years, the City has maintained the AA+ rating which reflects our strong financial position and staff and Council’s commitment to making strategic financial decisions,” says Derrick Thomson, chief administrative officer.

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