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A+ for Halifax Port Authority from S&P

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Halifax - Atlantic Canada's leading cruise port (Photo: Alan Deveau, Eastern Eyes)
Standard & Poor's Global Ratings affirmed Halifax Port Authority’s investment-grade credit rating of ‘A+’ as strong financial performance continues.

'Prudent financial management combined with expected cargo and revenue growth continues to yield positive results,' said Paul MacIsaac, svp, Halifax Port Authority. 'Other factors include the addition of new and expanded containerized cargo services over the past year, and the port’s ability to ability to handle large containerized cargo vessels.'

Halifax is also Atlantic Canada's leading cruise port.