Credit rating for city remains stable

Sault Ste. Marie’s credit rating remains stable at AA-(stable).
The rating means that the city’s financial situation is not expected to change over the next two years.
Standards & Poor Global Ratings examines a number of factors such as the economy, fiscal management, budgetary flexibility, performance, liquidity and debt burden and rates municipalities based on its expert opinion.
The city’s rating remains unchanged from 2017.
Standards & Poor says Sault Ste. Marie&rsq