Region maintains Moody’s AAA financial rating

Waterloo Region – Moody’s Investors Services has once again rated the Region of Waterloo with a AAA credit rating.  

AAA credit ratings are considered to be of the highest quality. The Region’s AAA rating shows strong financial management and is a result of long-term planning, supported by a resilient and diversified local economy and diverse employment sectors. The Region’s AAA credit rating supports lower borrowing costs.  

The Region has held a AAA rating since 2000. The Region continues to prioritize other capital funding sources, including reserves or pay-as-you-go capital financing in order to limit increasing the overall debt levels.  

“Maintaining the Region’s triple-A credit rating demonstrates the strength of our financial planning as Council moves forward with the 2027 Plan and Budget Process,” said Karen Redman, Regional Chair. “It gives us a solid foundation to deliver the essential programs and services residents rely on, while protecting the Region’s long-term financial health.” 

For more information on the Region’s AAA credit rating, see the Administration and Finance Committee report. 

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