The City of Windsor's financial rating remains a strong one.
On Tuesday, the City announced that S&P Global Ratings had affirmed Windsor's credit rating as AA+, for the fifth straight year with a stable outlook.
"Once again, the City of Windsor has maintained our favourable AA+ bond rating, which remains a solid vote of confidence in our unshakeable commitment to Investing Responsibly and Protecting Our Future with a continued focus on strong financial management and strategic investments," read a release from S&P. "In the face of continuing global economic uncertainties and the ongoing tariff and trade war brought about by the U.S. City Council is focused on Windsor’s long game."
Mayor Drew Dilkens said that the rating is an affirmation of the City's financial stability.
"This rating affirms that the City is viewed as a low-risk investment within financial capital markets and recognizes the prudent, forward-looking financial management practices that support our ability to meet obligations, invest strategically, and maintain service delivery for residents," said Dilkens.
The AA rating is the second-highest classification out of ten given by S&P.
