The group, this third force, is made up of tax-free or low-tax financial entities, such as trusts, pension funds, institutions administering RRSPs, insurance companies and banks. These corporate entities not only benefit from our national debt dilemma but fuel it. As a result the government's ability to stimulate the economy is strangled. The "third force" is Canada's problem of the '90s.

The problem doesn't lie in high private or public spending but in servicing the already existing "monster" federal debt with its interest payments. The current refrain of "cuts, cuts, cuts" is not the answer to a jobless recession or deficit reduction.

Based on the April, 1993, federal government budget, Canada's operating surplus will amount to $108.8 billion from 1992-98. All this money will go to pay only part of Ottawa's interest bill . . . with the resulting deficit being added relentlessly to our existing debt.