Investor Relations
TransLink is the first North American transportation authority to encompass a broad range of transportation modes, including bus, commuter rail, cycling, walking, roads and more. The organization covers 2,877 square km and serves 2.3 million people; the largest metropolitan area in Western Canada.
TransLink has the ability to raise funding through Canadian debt capital markets to finance projects and operations in a timely, efficient manner.
Key investment attributes include:
- More than $5.4 billion in assets
- Vigilant fiscal management
- Strong, investment-grade ratings
- Diversified, dedicated revenue sources
- Government-legislated entity
Credit Ratings
| Agency | Commercial Paper | Senior Debt | General Obligation | Outlook |
|---|
| DBRS Limited |
R-1 mid |
AA |
AA |
Stable |
| Moody's Investors Service |
Not rated |
Aa2 |
Aa2 |
Stable |
Governance:
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Board of Directors: collectively responsible for overseeing the management of TransLink's operations.
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Executives: our executive team brings a diversified set of skills to the tasks of planning and managing the region's transportation network.
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Commissioner: our appointed Commissioner approves certain fare increases and approves customer satisfaction surveys and complaint processes.
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South Coast British Columbia Transportation Authority Act: our governance structure is set out in this act.
Financial Reporting/Funding:
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Annual Reports: our annual reports highlight the accomplishments of each fiscal period.
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Meetings and Reports:
certain documents from our Board of Directors meetings, such as CEO and Quarterly reports, plus meeting time and place information.
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Property Tax: one of our funding sources.
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Parking Tax: one of our funding sources.
Plans and Projects:
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Transportation and Financial Plan : our Plan identifies investments to maintain, improve and enhance our transportation system over the next decade and explains how these investments will be paid for.
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Transport 2040: our region's 30-year transportation strategy to keep people and our economy moving, strengthen our communities and protect the environment.
Other resources:
About TransLink - A Video for Investors