Absolutely.
Let's imagine we have a data set that was just crime statistics. The metadata would provide us with information on who the provider of that data was, so which department; whether or not there was a specific program or service within the Government of Canada that this data was created to support; the date of release of that data; a description of the data so you wouldn't necessarily have to go into the data to find out exactly what it contained, which is important because some of the data sets are very, very large; and the frequency of the data, so how often it is published and renewed.
This is the kind of information that goes into the metadata.