The thing that has to be taken into account is the government's capacity to make payments. We are talking about just over a trillion dollars of debt—billion in French, if we use the correct term. As a share of GDP, that's 50%. From that standpoint, when you compare Canada with other G7 countries, we fare quite well: we have the lowest level of public debt in the G7. Canada also has a higher credit rating, being the only G7 country with positive interest rates and a AAA credit rating. That's a key consideration to keep in mind.
That said, of course, maintaining our ability to repay the national debt is important. However, the debt has to be considered in context, with regard to the big picture.