"As long as Debt to GDP ratio continues to decline [...]"

THAT is how younger Canadians will bear the brunt, the debt to GDP ratio will *NOT* continue to decline the second a recession hits.

We are pretty much at the peak of the current economic cycle.  That means that the NEXT recession is probably already just at the edge of the horizon.  I wouldn't pretend that my crystal ball is clear enough to predict exactly what will trigger the next recession, when it will hit or how bad it will be, but I can say for certain that there WILL be a next recession and it isn't too far off.

When at the peak of an economic cycle a government needs to be paying off debt, real dollars paying off real debt, not just shrinking the debt-to-GDP ratio.