HSBC Bank Canada: Rating Report

On December 21, 2020, DBRS Morningstar confirmed the ratings on HSBC Canada, including its Long-Term Issuer Rating at A (high) and its Short-Term Issuer Rating at R-1 (middle). All trends remain Negative. HSBC Canada's assessment (SA) of SA1 reflects the implied strong and predictable support from its parent, the Group, if required.