Newfoundland and Labrador, Province of: Rating Report

On December 2, 2020, DBRS Limited (DBRS Morningstar) confirmed the Issuer Rating and Long-Term Debt rating of the Province of Newfoundland and Labrador (Newfoundland or the Province) at A (low) and confirmed the Short-Term Debt at R-1 (low). Concurrently, DBRS Morningstar confirmed the Guaranteed Long-Term Debt and Guaranteed Short-Term Debt of Newfoundland and Labrador Hydro at A (low) and R-1 (low), respectively.