Credit Rating Report

Prince Edward Island, Province of: Rating Report

Sub-Sovereign Governments

Summary

On August 15, 2019, DBRS Limited (DBRS) upgraded the Province of Prince Edward Island’s (PEI or the Province) Issuer Rating and Long-Term Debt rating to “A” from A (low) and changed the trends to Stable from Positive. DBRS also confirmed PEI’s Short-Term Debt rating at R-1 (low) with a Stable trend.