S&P affirms Alberta

Standard & Poor's said it affirmed the AAA long-term issuer credit rating on the Province of Alberta.

The agency also said it affirmed the AAA rating on the guaranteed debt outstanding of the Alberta Capital Finance Authority and Alberta Treasury Branch Financial.

The outlook is stable.

The affirmation reflects a favorable view of the province's very positive liquidity levels, moderate debt burden, economic comeback and moderate support from the federal government, S&P said.

The province also has strong access to Canada's well-developed capital markets, the agency said.

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