That's absurd. Money is not virtual to me, it directly translates to goods and services I can purchase to improve my life. Doubling the national debt in a year will lead to either a) inflation, b) higher taxes, or c) both, all of which are extremely undesirable given that Canada already has a high cost of living and a top marginal income tax rate > 50%.

Politicians spent irresponsibly in 2020 and continue to do so now. A cursory examination of even recent history (see: the 90s) is enough to show that we are in for a world of financial hurt within the next decade as interest rates rise to combat inflation.