The provincial government says S&P Global Ratings has affirmed Saskatchewan’s credit rating at AA with a stable outlook.
Deputy Premier and Finance Minister Donna Harpauer says, “All three major rating agencies have now updated their credit rating and outlook for Saskatchewan following the 2021-22 Budget, and we continue to have the second-highest overall credit rating among Canadian provinces,”

The S&P report says, “we expect that with the resumption of economic growth, the province’s revenues will begin to recover, and its fiscal results will materially improve in the next two years.”

The province says the report adds that “Saskatchewan’s creditworthiness is supported by what we view as the province’s strong financial management.”