Canadian Issuers Forgn Crrncy Outlk to Stable By S&P Feb 97

Standard & Poors, February 1997

Abstract
NY -- Standard & Poor's CreditWire 2/24/97 -- Following Standard & Poor's revision of the Government of Canada's foreign currency outlook to stable from negative, Standard & Poor's has affirmed its double-`A'-plus long- term foreign currency issuer ratings and has revised the foreign currency outlooks of the following entities: -- Imperial Oil Ltd., -- Municipal Finance Authority of British Columbia, -- Municipality of Metropolitan Toronto, -- Regional Municipality of Ottawa-Carleton, and -- City of Vancouver. The following issuer ratings have also been affirmed: -- Triple-`A' local currency ratings (local currency outlook stable) of Imperial Oil ltd. and the city of Vancouver, -- Triple-`A' local currency rating (local currency outlook negative) of Regional Municipality of Ottawa-Carleton, and -- Double-`A'-plus local currency...

Companies mentioned in this report are: Vancouver (City of),Imperial Oil Ltd.,Municipal Finance Authority of British Columbia
Action: New Rating

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

Vancouver (City of),Imperial Oil Ltd.,Municipal Finance Authority of British Columbia

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