In December 2008, we received confirmation from both of our rating agencies on our various funding programs, all of which had a stable outlook. As at April 4, 2009 there had been no change in the ratings.
| Canadian Tire |
|
|
| Commercial paper |
R-1 (low) |
A-1 (low) (Cdn) |
| Debentures |
A (low) |
BBB+ |
| Medium-term notes |
A (low) |
BBB+ |
| |
|
|
| Glacier Credit Card Trust |
|
|
| Asset-backed commercial paper |
R-1 (high) |
----- |
| Asset-backed senior notes |
AAA |
AAA |
| Asset-backed subordinated notes |
A |
A |
| |
|
|