DBRS Morningstar Publishes Updated Methodologies for Canadian Structured Finance

DBRS Morningstar published two updated Canadian structured finance methodologies as follows:

-- “Legal Criteria for Canadian Structured Finance” (June 22, 2022); and
-- “Derivatives Criteria for Canadian Structured Finance” (June 22, 2022).

DBRS Morningstar has conducted a periodic review of these methodologies. The updates supersede the following previous versions:

-- “Legal Criteria for Canadian Structured Finance” (July 2, 2021); and
-- “Derivatives Criteria for Canadian Structured Finance” (July 2, 2021).

The updates are effective as of June 22, 2022. DBRS Morningstar deems the updates not to be material and has determined that no ratings are expected to change as a result of these updates.

Notes:
The DBRS Morningstar Sovereign group releases baseline macroeconomic scenarios for rated sovereigns. DBRS Morningstar analysis considered impacts consistent with the baseline scenarios as set forth in the following report: https://www.dbrsmorningstar.com/research/384482.

DBRS Morningstar methodologies are publicly available on its website www.dbrsmorningstar.com under Methodologies & Criteria.

For more information on this methodology or on this industry, visit www.dbrsmorningstar.com or contact us at info@dbrsmorningstar.com.