Saturday, January 21, 2012

Canada is AAA

It seems that Canada will be of the few countries in the world to have an AAA credit rating in the future. Canada is a wonderful place to invest your money! So which ratings are safe? Smaller European countries, like Switzerland, Norway, Denmark and Sweden seem to have fairly solid triple-A credit ratings. But that doesn’t leave a big group. “Our projection implies that in a few years, there may well be very few pure AAAs (ie top rated with stable outlook and ratings watch) – just Canada, some smaller European economies, and the Antipodean countries,” the said.

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