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Canada’s long-term financial profile seen consistent with AAA rating -S&P

Canada’s long-term financial and economic profile is expected to remain consistent with its current AAA rating, Standard & Poor’s said on Friday, just two days after Ottawa forecast its largest budget deficit since World War Two. “We expect an improvement in economic outcomes starting next year, as GDP growth resumes and the federal government unwinds its extraordinary stimulus measures,” said Joydeep Mukherji, sector lead, sovereign ratings for the Americas at S&P Global Ratings in a statement to Reuters. (Reporting by Fergal Smith; Editing by Sandra Maler) Our Standards:The Thomson Reuters Trust Principles.0 : 0narrow-browser-and-phonemedium-browser-and-portrait-tabletlandscape-tabletmedium-wide-browserwide-browser-and-largermedium-browser-and-landscape-tabletmedium-wide-browser-and-largerabove-phoneportrait-tablet-and-aboveabove-portrait-tabletlandscape-tablet-and-abovelandscape-tablet-and-medium-wide-browserportrait-tablet-and-belowlandscape-tablet-and-belowAppsNewslettersAdvertise with UsAdvertising GuidelinesCookiesTerms of UsePrivacyDo Not Sell My Personal InformationAll quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2020 Reuters. 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