I skimmed the document and studied parts of it, and found that it grants the government, and one Minister in particular, extraordinary powers. I'm a little surprised you approve.

The law grants extraordinary power because the law is so short. It can deal only with generalities, and grant only sweeping powers. Here's the essential core of the Canadian health care system:

In order to satisfy the criterion respecting comprehensiveness, the health care insurance plan of a province must insure all insured health services provided by hospitals, medical practitioners or dentists, and where the law of the province so permits, similar or additional services rendered by other health care practitioners.

There are three more similar sections, each mandating 100% universality, portability, and accessibility in the same simple terms.

The essentials of ObamaCare could, no doubt, also be expressed in six pages. And probably would be a better law for it...but you'd hate it even more. It grew to 2,000 pages in Congressional conference committees, dominated by conservatives determined to fence in the Obama administration at every turn. The American style is to micromanage the law in an attempt to assuage the fears of all concerned. And so we get laws that are 2,000 pages long.

I don't think that demanding that the text of laws must fit on a bumper sticker in order to "rein in government" is going to work out like you hope it will.