A AAA rating (pronounced 'triple-A') is the highest possible credit score that rating agencies like Moody's, Standard & Poor's, or DBRS can give to a government or organization. This rating indicates that the borrower is extremely likely to repay their debts on time. For governments, a AAA rating means they can borrow money at the lowest interest rates, saving taxpayers millions of dollars over time. Canada's federal government has maintained a AAA rating, which helps keep borrowing costs low. If a government's rating drops, it must pay higher interest rates, leaving less money available for programs and services.