S&P Global Ratings affirms Halifax Port Authority’s A+ Credit Rating
August 18, 2017 – Halifax, N.S. – S&P Global Ratings has affirmed Halifax Port Authority’s investment-grade credit rating of ‘A+’ as strong financial performance continues.
“The Halifax Port Authority has developed, and currently operates from a diversified revenue base generating strong and consistent cash flow. The affirmation of our ‘A+’ investment-grade credit rating from Standard & Poor’s is confirmation of the strength of that cash flow,” said Paul MacIsaac, Senior Vice President, Halifax Port Authority. “We remain committed to creating the conditions for sustainable economic development.”
The Port of Halifax is Canada’s Ultra Atlantic Gateway, connecting to more than 150 countries and generating over $1.7 billion in annual economic benefit from a diverse cargo and cruise business. Offering a natural, deep harbour and world-class infrastructure, Halifax can accommodate large volumes of containerized cargo, bulk cargo and project cargo of any size. Collaborating and working with strong partners and stakeholders, the Port community in Halifax continues to deliver excellence.
Halifax Port Authority
Ph. (902) 426-7375