Much of the debt is to ourselves as the Bank of Canada has been buying federal bonds, aka starting the money printing presses.

The only real impact is a slight devaluation of the dollar, and, since everyone has pretty much been doing the same around the globe, the relative impact of that in the short and medium term could be pretty minimal.

I'm against money printing in general, but that round of running the presses has more than likely been done worldwide.

The question will be the attitude vs the debt once we're out of that storm.