Despite some recent tough economic times, Saskatchewan is maintaining its Triple A credit rating.

The province's debt, which is pegged at $684.7 million, is one of the lowest among Canadian provinces, giving it the highest rating.

British Columbia is the only other province to receive a Triple A rating.

Moody's attributes it to strong debt affordability and transparent financial reporting. The province was also commended for multi-year fiscal planning.

Saskatchewan received its first ever Triple A credit rating from Moody's in 2014.