This is the 4th consecutive year it has received a AA+ from S&P Global Ratings, in maintaining finances in government, corporations and institutions
Some good financial news for the Niagara region.
S&P Global Ratings has reaffirmed its AA-plus credit rating for the region, for the 4th consecutive year.
The rating was given again last month, S&P pointing to strong financial management and a stable outlook.
It provides a rating, from D to AAA, on various entitties, including government, corporations and financial institutions.
S&P praised Niagara's strength in manufacturing, health care and trade, but also focus on affordable housing, and electric vehicle battery separator facility.
It also likes plans for water and wastewater infrastructure, and while increased spending poses challenges, the agency expects increased tax revenue to help.
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