For the fourth year in a row, the City of Thunder Bay has achieved a credit rating of AA plus.
The score comes from Standard and Poors Global Ratings.
The city’s manager John Collin says the rating reflects the city’s strong financial stewardship and the capacity to foster sustainable growth.
The report says over the next two years, Thunder Bay will maintain overall sound financial results.
City treasurer Keri Greaves says the credit rating shows they are in solid financial shape, especially considering current global economic uncertainties.
