​​AAA credit rating with a stable outlook continues to reflect strong financial management, healthy reserves and a resilient economy 

BRAMPTON, ON (October 29, 2026) – S&P Global Ratings has reaffirmed the City of Brampton’s AAA credit rating with a stable outlook, marking the 11th consecutive year the City has achieved the highest long-term issuer credit rating available. This rating reinforces Brampton's strong financial position among Canada's fastest-growing municipalities. 

The rating was issued to the City in recognition of its responsible financial planning, healthy reserves and ability to fund essential services, maintain infrastructure and meet its financial commitments while addressing the needs of a rapidly growing community. It also reflects Brampton's continued financial stability and ability to respond to population growth, increasing infrastructure demands and evolving municipal responsibilities.

Through responsible financial planning and strategic investments, the City remains focused on maintaining financial stability, supporting sustainable growth and ensuring Brampton continues to be an attractive place to live, work and invest.

For more information about the City's financial planning and reporting, visit brampton.ca/budget.​

Quotes

“Maintaining the highest possible credit rating for 11 consecutive years is a significant achievement and reflects our commitment to responsible financial management. As Canada's fastest-growing big city, Brampton continues to make strategic investments in the infrastructure and services our residents need while keeping affordability a priority. This recognition reinforces our strong financial position and our commitment to building a sustainable and prosperous future for Brampton.” - Patrick Brown, Mayor, City of Brampton

“Brampton's continued AAA credit rating reflects our disciplined approach to financial planning, maintaining healthy reserves and managing resources responsibly. This strong financial foundation allows us to respond to increasing service demands, support long-term infrastructure needs and adapt to the evolving responsibilities of a growing municipality. It is a testament to the City's commitment to financial accountability, stability and long-term sustainability.” - Marlon Kallideen, Chief Administrative Officer, City of Brampton​​