Québec’s credit ratings

Credit rating agency	Credit rating	Outlook
Standard and Poor’s (S&P)	A+	Stable
Moody’s	Aa2	Stable
Fitch Ratings	AA–	Stable
Morningstar DBRS	AA (low)	Stable
Japan Credit Rating Agency (JCR)	AAA	Stable

Note : Québec’s credit ratings as at April 16, 2025.