News Releases

City of Hamilton AA+ credit rating affirmed - Outlook is stable

HAMILTON, ON - On November 8, 2018, S&P Global Ratings released its most recent research update affirming its ‘AA+’ long-term issuer credit and senior unsecured debt ratings on the City of Hamilton with a stable outlook.

The City of Hamilton has achieved an ‘AA+’ credit rating and stable outlook since June 2017. This rating builds on the City’s continued commitment to manage tax dollars responsibly and to sustainably deliver high-quality affordable services.

"For the third consecutive rating cycle, our City has achieved a “AA+” credit rating from S&P Global Ratings. We continue to benefit from strong, robust financial management, allowing us to keep tax increases low while investing in programs, services and infrastructure. This acknowledgment is encouraging and confirms that Hamilton is the Best Place to Raise a Child and Age Successfully.”

Mayor Fred Eisenberger, City of Hamilton

The City’s approach to financial management is based on ensuring strategic and sustainable investments in services, programs and infrastructure in order to meet the needs of our residents, businesses and community partners for today and in the future.