Canada Credit Rating

This page includes the government debt credit rating and outlook of the Canada as reported by the credit rating agencies of S&P, Moody’s and Fitch. Credit rating agencies are often slow to respond to rising risk conditions. Sign up free to monitor Canada risk using MacroVar Advanced Financial & Macroeconomic data analytics.

DateRatingOutlookIndicator
19/11/2020AaaStableCanada Credit Rating (Moody's)
24/06/2020AA+StableCanada Credit Rating (Fitch)
17/07/2019AAACanada Credit Rating (Fitch)
02/11/2018AaaStableCanada Credit Rating (Moody's)
20/07/2018AAAStableCanada Credit Rating (Fitch)
27/10/2017P-1Canada Credit Rating (Moody's)
24/07/2017AAAStableCanada Credit Rating (Fitch)
02/11/2016AaaStableCanada Credit Rating (Moody's)
03/08/2016AAAStableCanada Credit Rating (Fitch)
22/07/2016AAAStableCanada Credit Rating (Fitch)

Canada Credit Rating Analysis

The credit rating signal from each credit rating agency for the sovereign debt of the Canada and it’s meaning is presented in the table below.

S&PMoody’sFitchAnalysis
AAAAaaAAAPrime
AA+Aa1AA+High grade
AAAa2AA
AA-Aa3AA-
A+A1A+Upper medium grade
AA2A
A-A3A-
BBB+Baa1BBB+Lower medium grade
BBBBaa2BBB
BBB-Baa3BBB-
BB+Ba1BB+Non-investment grade
speculative
BBBa2BB
BB-Ba3BB-
B+B1B+Highly speculative
BB2B
B-B3B-
CCC+Caa1CCCExtremely speculative
CCCCaa2
CCC-Caa3In Default with small probability of recovery
CCCa
CC
D/DDDIn default

Feedback
Feedback
How would you rate your experience?
Do you have any additional comment?
Next
Enter your email if you'd like us to contact you regarding with your feedback.
Back
Submit
Thank you for submitting your feedback!