S&P lifts Regina to stable

Standard & Poor's said it revised the outlook on the City of Regina to stable from negative.

The agency also said it affirmed the city's AA+ issuer credit and senior unsecured debt ratings.

The outlook revision reflects the city's history of strong after-capital account surpluses, which are expected to continue in the next two years, S&P said.

The ratings also consider Regina's ongoing healthy economic performance, the agency said.

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