Methodology
Legal Criteria for Canadian Structured Finance (Archived)
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- DBRS Morningstar Confirms Credit Ratings on SAFE Trust, SOUND Trust, STABLE Trust, and SURE Trust at R-1 (high) (sf)
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- Morningstar DBRS Confirms Credit Ratings on SAFE Trust, SOUND Trust, STABLE Trust, and SURE Trust at R-1 (high) (sf)
- DBRS Morningstar Confirms Credit Rating on STABLE Trust’s Senior Short Term Notes, Series 2018-1 at R-1 (high) (sf)
- DBRS Morningstar Confirms Credit Ratings on Bay Street Funding Trust and King Street Funding Trust at R-1 (high) (sf)
- Morningstar DBRS Discontinues Credit Rating on GMF Canada Leasing Trust's Class A-1 Asset Backed Notes, Series 2023-1
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- Morningstar DBRS Finalizes Provisional Credit Ratings of AAA (sf) and A (sf) on Glacier Credit Card Trust, Series 2024-1
- Morningstar DBRS Confirms Credit Rating on Mortgage Loan Made to Morguard Corporation & 131 Queen Street Limited
- DBRS Morningstar Assigns AAA Ratings to TD Global Legislative Covered Bonds, Series CBL53, Series CBL54, and Series CBL55
- Morningstar DBRS Assigns AAA Ratings to TD Global Legislative Covered Bonds, Series CBL66, Series CBL67, and Series CBL68
- Morningstar DBRS Confirms Credit Ratings on All Classes of Institutional Mortgage Securities Canada Inc., Series 2014-5
- Morningstar DBRS Discontinues Credit Rating on Remaining Class of Institutional Mortgage Securities Canada Inc., Series 2013-4
- DBRS Morningstar Confirms Ratings on Banner Trust, Reliant Trust, Merit Trust, and Zeus Receivables Trust at R-1 (high) (sf)
- Morningstar DBRS Confirms Canadian Master Trust’s Sixth Amended and Restated Series A Note Liquidity Agreement at AAA (sf)
- DBRS Morningstar Comments on Golden Credit Card Trust, Series 2022-3, 2022-4, and 2023-1 Class B and Class C Note Conversions
- Morningstar DBRS Assigns Provisional Credit Ratings of AAA (sf), A (high) (sf), and BBB (sf) to CARDS II Trust, Series 2024-1
- DBRS Morningstar Assigns Provisional Rating to WTH Car Rental ULC, Fixed Rate Asset-Backed Senior Notes, Series 2023-1, Class A
- DBRS Morningstar Assigns Provisional Ratings of AAA (sf), A (sf), and BBB (sf) to Trillium Credit Card Trust II, Series 2023-3
- Morningstar DBRS Assigns Provisional Credit Ratings of AAA (sf), A (sf), and BBB (sf) to Eagle Credit Card Trust, Series 2024-1
- Morningstar DBRS Assigns Provisional Rating to WTH Car Rental ULC, Fixed Rate Asset-Backed Senior Notes, Series 2024-1, Class A
- Morningstar DBRS Finalizes Provisional Credit Ratings of AAA (sf), A (high) (sf), and BBB (sf) on CARDS II Trust, Series 2024-1
- Morningstar DBRS Places All Classes of Real Estate Asset Liquidity Trust, Series 2019-1 Under Review With Negative Implications
- DBRS Morningstar Finalizes Provisional Ratings of AAA (sf), A (sf), and BBB (sf) on Trillium Credit Card Trust II, Series 2023-3
- DBRS Morningstar Finalizes Provisional Rating on WTH Car Rental ULC, Fixed Rate Asset-Backed Senior Notes, Series 2023-1, Class A
- Morningstar DBRS Finalizes Provisional Credit Ratings of AAA (sf), A (sf), and BBB (sf) on Eagle Credit Card Trust, Series 2024-1
- Morningstar DBRS Finalizes Provisional Rating to WTH Car Rental ULC, Fixed Rate Asset-Backed Senior Notes, Series 2024-1, Class A
- Morningstar DBRS Confirms Credit Ratings on Banner Trust, Reliant Trust, Merit Trust, and Zeus Receivables Trust at R-1 (high) (sf)
- Morningstar DBRS Assigns Provisional Credit Ratings to CNH Capital Canada Receivables Trust’s Receivable-Backed Notes, Series 2024-1
- DBRS Morningstar Confirms Pure Grove Funding Series 1 Asset-Backed Commercial Paper Notes, Class Maple and Class Oak at R-1 (high) (sf)
- Morningstar DBRS Assigns a Rating of AA to Equitable Bank (Global Legislative Covered Bond Programme) Social Covered Bonds, Series CBL5
- Morningstar DBRS Finalizes Provisional Credit Ratings to CNH Capital Canada Receivables Trust’s Receivable-Backed Notes, Series 2024-1
- DBRS Morningstar Upgrades Ratings on Four Classes of Real Estate Asset Liquidity Trust, Series 2018-1, Confirms Remaining Ratings on All Classes
- Morningstar DBRS Confirms All Credit Ratings on Canadian Commercial Mortgage Origination Trust 4, Changes Trends on Three Classes to Negative
- Morningstar DBRS Upgrades First Loss Credit Rating on One Transaction and Confirms First Loss Credit Ratings on Eight Mortgage Loan Transactions
- DBRS Morningstar Upgrades Credit Ratings on Three Classes of Real Estate Asset Liquidity Trust, Series 2017; Changes Two Trends to Positive From Stable
- Morningstar DBRS Confirms Credit Rating on the Mortgage Loan Secured by 1166 Alberni Street; Removes Class from Under Review With Negative Implications
- DBRS Morningstar Upgrades Credit Ratings on Three Classes of Real Estate Asset Liquidity Trust, Series 2016-2, Confirms Ratings on All Remaining Classes
- Morningstar DBRS Downgrades Credit Ratings on Seven Classes of Real Estate Asset Liquidity Trust, Series 2019-1, Assigns Negative Trends to Three Classes
- DBRS Morningstar Downgrades Rating on One Class of Canadian Commercial Mortgage Origination Trust 5, Changes Trends on Two Classes to Negative From Stable
- Morningstar DBRS Confirms Credit Rating on the Mortgage Loan Secured by ASQ Building with Stable Trend, Removes Credit Rating From Under Review With Negative Implications
- Morningstar DBRS Confirms Credit Rating on Mortgage Loan Made to Albert & Lyon Equities Inc., Albert & Lyon Properties LP, and Canderel CSQ Ottawa LP - Constitution Square
- Morningstar DBRS Downgrades Credit Rating on First Mortgage Bonds Issued by SEC LP and ARCI Ltd. (Suncor Energy Centre), Removes from Under Review with Developing Implications
Contacts
Shubhreen Dosanjh
Vice President - Canadian Structured Finance Ratings, Legal
+(1) 416 597 7459
shubhreen.dosanjh@morningstar.com- Sarah Bialas
Senior Vice President - Canadian Structured Finance Ratings, Legal
+(1) 416 597 7442
sarah.bialas@morningstar.com - Arthi Sambasivan
Managing Director - Corporate Ratings, Asset, Project, & Sports Finance
+(1) 416 597 7438
arthi.sambasivan@morningstar.com - Tim O'Neil
Managing Director - Canadian Structured Finance Ratings
+(1) 416 597 7477
tim.oneil@morningstar.com
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