The announcement comes shortly after Moody's reaffirmed its rating of Aaa and Dominion Bond Rating Service (DBRS) reaffirmed its rating of AA-High.
These ratings follow the introduction of Budget 2013 and reflect the success of continued adherence to the government's well-structured fiscal plan and support for the goal of balanced budgets.
In affirming the AAA rating, Standard and Poor's cited "strong budgetary flexibility", "a fiscal plan designed to bring the province's operating budget back to balance" and tax rates that are "low compared to those of most other Canadian provinces."
Currently, B.C., Alberta and Saskatchewan are the only provinces rated AAA/stable by S&P. B.C. and Alberta are the only provinces rated triple-A with Moody's.
* Factsheet - April 4, 2013: Moody's reconfirms B.C.'s Aaa rating:
via Ministry of Finance
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