Standard and Poor's Global Rating confirms Wellington County's AAA credit rating, citing strong local economy, effective management practices, stable revenue growth, and advantageous location.
FILE - The Wellington County sign in Elora, Ont. Standard and Poor's Global Rating said the county's credit rating will remain at AAA, Outlook Stable.In a news release, the company cites a number of factors that led to the AAA rating:
stable revenue growth will support healthy operating balances, while inflationary pressures will escalate capital requirements
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