Congratulations! You agree with the Finance Minister! The scandalous and wasteful spending
sprees of $15.4 billion due to program spending on health, education and other social programs
are the major cause of our $574 billion net public debt, and therefore must be reduced.

Perhaps that doesn't make sense to you. But the whole issue is very complicated. Part
of our banks ~ tutorial ~ deals with a History of Monetary Policy in Canada:

That ought to enlighten you!