BRAMPTON, ON (October 29, 2025) – The City of Brampton has once again earned S&P Global Ratings’ highest long-term issuer credit rating of 'AAA' with a stable outlook. The rating reflects the City’s disciplined financial stewardship, strong liquidity and the continued strength of its local economy.
S&P Global’s latest report highlights Brampton’s expanding economic base, healthy financial performance and continued resilience in managing capital demands linked to rapid population growth. The rating agency expects Brampton’s operating performance to remain solid, supported by a diversified economy, practical management practices and strategic investments in infrastructure and community services.
With this reaffirmation, Brampton continues to stand among the top-rated Canadian municipalities. The rating reinforces investor confidence and the City’s ability to secure competitive financing for critical capital projects.
Key highlights from S&P Global Ratings:
- 'AAA' long-term issuer credit rating maintained, supported by strong reserve levels, a low debt burden and sound budget planning.
- Stable outlook, reflecting confidence in Brampton’s ability to manage growth, sustain financial flexibility and maintain strong liquidity.
- Economic momentum driven by a young and growing population and ongoing investments in sectors including logistics, food processing, education and innovation.
- Responsible capital planning to support transit, roads, infrastructure renewal and balance growth with maintaining long-term financial sustainability.
Quotes
Maintaining our AAA credit rating represents Brampton’s responsible approach to growth and financial management. We are continuing to invest in key priorities to build a future-ready city while keeping our financial foundation strong. This recent recognition builds on a decade of results that reinforce Brampton as a stable, resilient and attractive place to invest." - Patrick Brown, Mayor, City of Brampton
"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." - Navjit Kaur Brar, Regional Councillor, Wards 2 and 6; Chair, Corporate Support Services, 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." - Marlon Kallideen, Chief Administrative Officer, City of Brampton
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As one of the fastest-growing cities in Canada, Brampton is home to 800,000 people and more than 110,000 businesses. People are at the heart of everything we do. We are energized by our diverse communities, we attract investment and we are embarking on a journey to lead technological and environmental innovation. We partner for progress to build a healthy city that is safe, sustainable and successful. Connect with us on
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