I don’t have live access to current feeds right now, so I can’t pull the latest updates directly. Based on what I can verify from historical records, Canadian Bond Rating Service Inc. (CBRS) is a Canadian credit rating firm that was acquired by a larger global ratings provider back in 2000, with subsequent industry changes affecting its independent operations.
Here’s what I can share safely:
- History: CBRS historically operated as one of Canada’s independent bond rating agencies. In 2000, CBC News reported that CBRS was sold to a U.S.-based rating firm, Standard & Poor’s, which integrated CBRS into its global rating framework. This marked a major shift in Canadian-independent ratings under a global leader.[1]
- Context: After that acquisition, CBRS’s ratings activities would have been harmonized with S&P methodologies, with the expectation of continuity in ratings coverage though potentially with methodological alignment changes over time.[1]
- Related market dynamics: Contemporary discussions around Canadian bond ratings in the last decade have included topics like ratings shopping and the evolving landscape of Canadian and global rating providers, including Morningstar DBRS and other agencies. For example, Morningstar DBRS has published ratings for Canadian issuers and covered bond programs in various years, illustrating ongoing activity by Canadian-heritage rating brands within a global market.[3][6]
If you’d like, I can:
- Look up the very latest developments and news specifically about CBRS (or its successor entities) and provide a concise, cited update.
- Compile a brief timeline of CBRS-related events and how they fit into the broader Canadian ratings market.
- Pull authoritative sources from major outlets or regulatory filings for the most current status.
Tell me which option you prefer, or if you want me to fetch the latest exact news on CBRS now.
Sources
Credit ratings giant Standard & Poor's announced Tuesday that it has bought the Canadian Bond Rating Service (CBRS), one of the last Canadian-owned providers of independent bond ratings. "We believe that both investors and issuers will benefit from the establishment of comprehensive ratings coverage on a consistent, globally recognized rating scale," said Brian Neysmith, chief executive of CBRS. … Over the coming months, CBRS will harmonize its ratings with S&P. Neysmith said new ratings...
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www.bloomberg.comKBRA is a leading Nationally Recognized Statistical Ratings Organization. Find the most relevant and up-to-date credit ratings research here! Learn more!
www.kbra.comDBRS Limited (DBRS Morningstar) assigned ratings of AAA to the Covered Bonds, Series CBL55 (Series CBL55) and the Covered Bonds, Series CBL56 (Series CBL56) iss
dbrs.morningstar.comDBRS Limited discontinued its credit rating on the Covered Bonds, Series CBL21 issued under the Bank of Montreal , as the Series was fully repaid on its scheduled maturity date. Morningstar DBRS'...
www.marketscreener.comDBRS Limited confirmed the AAA ratings of the following outstanding series issued under the National Bank of Canada as part of its continued efforts to provide timely credit rating opinions and...
www.marketscreener.comBond & Stock Ratings
www.newswire.caKroll Bond Rating Agency UK Limited (KBRA) assigns preliminary ratings to five classes of notes to be issued by Canada Square Funding 2021-2 Plc (Canada Squa...
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