... Canada did not deserve such a high [credit] rating because it was failing to report a very important liability: a massive unpaid debt that takes the form of all the wealth that had been extracted from unceded Indigenous land, without consent - since 1846. ... [S&P] did not dispute any of the facts. But [its representative] explained as nicely as he possibly could that the agency had come to the conclusion that Canada's First Nations did not have the power to enforce their rights and therefore to collect on their enormous debts. Which meant, from S&P's perspective, that those debts shouldn't affect Canada's stellar credit rating.

— This Changes Everything by Naomi Klein (66%)