City Credit Rating (Standard & Poor’s)
Target: AAA
3
Meeting Target
Meeting Target
2025 Estimate
Why is this measure important?
Brampton’s credit rating reflects the City’s financial strength as assessed by an independent institution. As the credit rating of borrowers is a critical consideration in lending and borrowing, it is important we maintain a strong credit rating to secure the best borrowing rates.
What progress are we making?
In 2025, S&P reaffirmed its AAA credit rating for the City of Brampton, the highest rating possible.
How is this measured?
Every year, Standard and Poor’s (S and P) meets with the City staff to gather a present and future view on City’s overall economic scenario and the City’s financial forecast. Based on these, S&P applies a combination of quantitative and qualitative factors to establish a credit rating for the City