The City of Brampton has once again secured a ‘AAA’ long-term issuer credit rating with a stable outlook from S&P Global Ratings, marking the 10th consecutive year the city has achieved the highest possible credit standing.
The rating reflects Brampton’s disciplined financial management, strong liquidity, and growing economic resilience. According to S&P Global’s latest report, Brampton’s expanding economic base, healthy fiscal performance, and strategic infrastructure planning continue to position it as one of the most financially stable municipalities in Canada.
The agency noted that Brampton’s prudent budget practices, low debt levels, and robust reserves have helped the city maintain fiscal flexibility despite rapid population growth and increasing capital demands. The report also highlighted the city’s diversified economy, driven by key sectors such as logistics, food processing, education, and innovation.
This reaffirmation underscores investor confidence and strengthens Brampton’s ability to secure competitive financing for major infrastructure and community projects.
Key Highlights from S&P Global Ratings:
- ‘AAA’ credit rating reaffirmed, supported by strong reserves, low debt, and sound financial planning.
- Stable outlook, reflecting confidence in Brampton’s ability to manage growth responsibly and sustain financial flexibility.
- Economic momentum fuelled by a young, expanding population and continued private and public investment.
- Strategic capital planning that balances growth with long-term fiscal sustainability in areas such as transit, roads, and infrastructure renewal.
Statements
Patrick Brown, Mayor, City of Brampton:
“Maintaining our AAA credit rating represents Brampton’s responsible approach to growth and financial management. We continue to invest in key priorities that build a future-ready city while keeping our financial foundation strong. This recognition builds on a decade of results that reinforce Brampton as a stable, resilient, and attractive place to invest.”
Navjit Kaur Brar, Regional Councillor, Wards 2 & 6; Chair, Corporate Support Services:
“Brampton continues to deliver strong financial results while responding to the needs of a rapidly growing community. Our commitment to strategic planning and managing capital pressures ensures we can keep delivering services effectively, supporting businesses, and creating jobs.”
Marlon Kallideen, Chief Administrative Officer, City of Brampton:
“Securing a AAA credit rating reflects independent validation and confidence in the City’s strong governance, transparency, and long-term financial sustainability. We remain focused on ensuring Brampton can responsibly meet the needs of residents and businesses as we continue to grow.”
With a full decade of top-tier credit performance, Brampton continues to stand out as one of Canada’s most financially disciplined and growth-ready municipalities — a testament to the city’s ongoing commitment to fiscal responsibility and community prosperity.