S&P Global Ratings affirms Halifax Port Authority’s A+ Credit Rating
July 25, 2019, Halifax, N.S. – S&P Global Ratings has affirmed Halifax Port Authority’s investment-grade credit rating of ‘A+’.
The report states, “Our assessment of HPA’s very strong financial performance reflects the authority’s solid operating performance in the past several years and our expectation that the port will continue to handle more cargo, containers, and cruise ships in the next several years.”
“We are developing infrastructure for the benefit the entire port and larger community including stakeholders and partners,” said Paul MacIsaac, Senior Vice President, Halifax Port Authority. “While doing this, the financial position of the Halifax Port Authority remains strong.”
About the Port of Halifax:
The Port of Halifax is Canada’s Ultra Atlantic Gateway, connecting to more than 150 countries and generating $2 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.
Manger, Media Relations & Communications
Halifax Port Authority
Ph. (902) 426-7375