Fitch affirms Canada's rating at 'AAA'; outlook stable - Reuters
|Fitch Ratings affirmed Canada's credit note at AAA and said that the outlook was stable.
Key highlights (via Reuters)
- Canada's 'AAA' ratings balance structural strengths against relatively high general government indebtedness
- Canada's country ceiling is affirmed at 'AAA'
- Energy sector investment in Canada has bottomed out and there are signs of recovery in other types of business investment
- Rating draws support from Canada's well-diversified & high-income economy, political stability, strong governance, institutional strengths
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