British Columbia, Province of: Rating Report

DBRS Limited (DBRS) confirmed the Issuer Rating, Long-Term Debt rating and Renminbi Bonds rating of the Province of British Columbia (B.C. or the Province) at AA (high) as well as the Short-Term Debt rating at R-1 (high). DBRS has also confirmed the Long-Term Obligations and Short-Term Obligations ratings of British Columbia Hydro and Power Authority at AA (high) and R-1 (high), respectively. All trends are Stable. The ratings remain well supported by the Province’s diverse and growing economy, positive budget outlook, ample fiscal capacity and low debt burden.