Budget
91ÖÆÆ¬³§ credit ratings remain strong and stable
May 4, 2026
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91ÖÆÆ¬³§ 91ÖÆÆ¬³§ ’s credit ratings have been confirmed by two international credit rating agencies, S&P Global Ratings and Morningstar DBRS, reflecting the strength of the university 91ÖÆÆ¬³§ ’s ongoing financial management.
S&P Global Ratings confirmed Queen 91ÖÆÆ¬³§ ’s long-term issuer credit rating at AA+ with a stable outlook. This reflects the university 91ÖÆÆ¬³§ ’s strong market position, steady domestic enrollment, and expected improvements in operating revenues thanks to recent provincial funding updates. While international student enrollment remains a challenge due to federal caps, Queen 91ÖÆÆ¬³§ ’s careful financial oversight and cash reserves support a healthy financial standing.
Morningstar DBRS also confirmed Queen 91ÖÆÆ¬³§ ’s Issuer and Senior Unsecured Debt ratings at AA with stable trends. DBRS highlighted the university 91ÖÆÆ¬³§ ’s strong academic reputation, effective management practices, and a large endowment per student, all of which provide good financial flexibility. Despite projected operating deficits, which the university is actively working to address through prudent financial management, its overall financial position remains solid.
These ratings show Queen 91ÖÆÆ¬³§ ’s ability to navigate fiscal challenges while maintaining the financial resources necessary to support its academic and research mission through careful and sustained financial management.
For more information, please visit the Financial Services website.