Standard & Poor's credit rating for Canada stands at AAA with stable outlook. Moody's credit rating for Canada was last set at Aaa with stable outlook. Fitch's credit rating for Canada was last reported at AA+ with stable outlook. DBRS's credit rating for Canada is AAA with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Canada thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Canada as reported by major credit rating agencies.


AgencyRatingOutlookDate
FitchAA+ Stable Jun 24 2020
FitchAAA Stable Aug 12 2004
DBRSAAA Stable Dec 16 2002
FitchAA+ Stable Sep 20 2002
S&PAAA Stable Jul 29 2002
Moody'sAaa Stable May 03 2002
FitchAA+ Stable Apr 03 2001
FitchAA Stable Sep 21 2000
Moody'sAa1 Stable Jun 21 2000
Moody'sAa2 Positive Watch Apr 06 2000
DBRSAA (high) Stable Oct 22 1997
S&PAA+ Stable Feb 24 1997
Moody'sAa2 Stable Apr 12 1995
DBRSAA (high) Negative Mar 28 1995
S&PAA+ Negative Mar 03 1995
Moody'sAa1 Negative Watch Feb 16 1995
FitchAA N/A Aug 10 1994
Moody'sAa1 Stable Jun 02 1994
DBRSAA (high) Stable Mar 21 1994
DBRSAAA Negative May 28 1993
S&PAA+ Stable Oct 14 1992
S&PAAA Stable Jun 26 1989
DBRSAAA N/A Oct 16 1987
Moody'sAaa Stable Apr 12 1974
Moody'sAa Stable May 22 1968
S&PAAA N/A Nov 03 1951
S&PAA N/A Aug 24 1949