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Issuer Debt Rated Action Rating Trend Recovery Rating Date
Canadian Pacific Railway Company Medium-Term Notes Downgraded BBB (low) Stb Dec 1, 2011
Canadian Pacific Railway Company Unsecured Debentures Downgraded BBB (low) Stb Dec 1, 2011
Air Canada Issuer Rating New Rating B Stb Nov 17, 2011
Bombardier Inc. Senior Unsecured Debentures Confirmed BB Stb RR4 Oct 5, 2011
Bombardier Inc. Issuer Rating Confirmed BB Stb Oct 5, 2011
Bombardier Inc. Preferred Shares Confirmed Pfd-4 Stb Oct 5, 2011
Groupe Aeroplan Inc. Issuer Rating Confirmed BBB Stb Aug 24, 2011
Groupe Aeroplan Inc. Preferred Shares, Series 1 Confirmed Pfd-3 Stb Aug 24, 2011
Groupe Aeroplan Inc. Senior Secured Debt Confirmed BBB Stb Aug 24, 2011
RTL-Westcan Limited Partnership Issuer Rating Trend Change B (high) Neg Apr 8, 2011