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

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.