S&P Global Ratings affirms Halifax Port Authority’s A+ Credit Rating

July 21, 2020, Halifax, N.S. – S&P Global Ratings has affirmed Halifax Port Authority’s investment-grade credit rating of ‘A+’.

The report states, “We consider HPA’s service area economic fundamentals as extremely strong, given the crucial role that the port plays in national trade.”

“The Halifax Port Authority has consistently demonstrated an ability to identify and mitigate key risks. This has placed us in a strong financial position to manage through the challenges expected over the coming months brought on by COVID-19,” said Paul MacIsaac, Senior Vice President, Halifax Port Authority.

About the Port of Halifax:

The Port of Halifax is Canada’s Ultra Atlantic Gateway, connecting to more than 150 countries. The direct economic output of Port of Halifax operations and Nova Scotia exporters is $2.45 billion, generating 13,600 jobs. Offering a natural, deep harbour and big ship 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.

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Lane Farguson
Manager, Media Relations & Communications
Halifax Port Authority
Ph. (902) 426-7375
lfarguson@portofhalifax.ca