Deficits are fine, and necessary, to climb out of a recession, but the money needs to be repaid by surpluses during the good times to be ready for the next one. Trudeau has been spending like a drunken sailor despite the fact that there is no recession, and the surplus projected by the Harper government has been completely wasted.
We  are in for a rude shock when the next recession hits. Will the deficit increase by 40billion? 50? 
Expect Moody's to come in like the Spanish Inquisition.  ("No-one expects the Spanish Inquisition" - Monty Python).