Fitch affirms Alberta (Canada) AA; outlook stable

Fitch affirms Alberta (Canada) AA; outlook stable

Alberta, Canada - Fitch Ratings has affirmed Alberta's Long-Term Issuer Default Rating (IDR) at 'AA' with a stable outlook, as announced on June 3, 2025 [1]. This rating reflects the province's robust economic fundamentals, strong fiscal management, and diversified revenue base.

Alberta's 'AA' rating is supported by its solid economic performance, with a diversified economy that includes energy, agriculture, and technology sectors. The province's fiscal management has been commendable, with a focus on balanced budgets and prudent debt management. Alberta's diversified revenue base, which includes royalties from natural resources and corporate taxes, further strengthens its financial position.

Fitch Ratings also noted that Alberta's strong economic performance and prudent fiscal management will continue to support its credit profile. The stable outlook indicates that Fitch expects Alberta's economic and fiscal conditions to remain solid, with no significant changes anticipated in the near term.

Alberta's 'AA' rating and stable outlook are a testament to the province's strong economic fundamentals and prudent fiscal management. Investors and financial professionals can be confident in Alberta's ability to manage its debt and maintain its financial stability.

References:
[1] https://www.investing.com/news/stock-market-news/fitch-confirms-royal-bank-of-canadas-aa-rating-stable-outlook-93CH-4078953