Investor Presentaiton slide image

Investor Presentaiton

MANDATE TO RESTORE CREDIT RATING RESPONSIBLE PROGRESS | DECEMBER 2019 "On Oct. 4, 2019, S&P Global Ratings revised its outlook on the Province of Manitoba to a positive from stable." (S&P October 4, 2019) "Strong cost containment is helping to reduce after-capital deficits while the wind-down of large-scale capital projects at Manitoba Hydro should lessen the utility's borrowing needs in the next few years. We are therefore revising our outlook to positive from stable. (S&P October 4, 2019) "The gradual pace of deficit reduction reflects the government's objective of balancing the budget in a measured and responsible fashion without jeopardizing service delivery, while reducing the overall tax burden and making life more affordable for Manitobans." (DBRS Rating Report-May 2, 2019) Moody's Credit Ratings S&P Credit Ratings BC Aaa BC AAA SK Aaa SK AA AB Aa1 ос AA - MB Aa2 NS A... ос Aa2 MB NB Aa2 AB NS Aa2 ON PE Aa2 NB ON Aa3 1 2 3 2 2 A+ A+ A+ A+ PE A NL A1 NL A 7 Manitoba
View entire presentation