Is it working? Thank you.
Protected areas help us restore the health of ecosystems, build resilience and contribute to the recovery of species at risk, not only protecting biodiversity but also helping mitigate the impact of climate change.
National historic sites, whether they're sacred spaces, archaeological sites, battlefields, heritage houses or historic districts, allow Canadians to learn more about Canadian history, including the diverse cultural communities that make up Canada and the history and culture of indigenous peoples.
Furthermore, Parks Canada places are an important part of local economies, helping welcome more than 25 million visitors to Canada's treasures, helping generate billions of dollars annually and employing tens of thousands of people in urban settings, in rural communities and in the north of Canada.
I'd like to quickly present an overview of the agency's priorities, which help guide our everyday work in meeting our important mandate.
First and foremost, Parks Canada places tell the stories of who we are, including the history, cultures and contributions of indigenous people. Together, through a collective commitment to heritage, we are renewing the ways that these stories are brought to Canadians. Through natural conservation, we are working with other federal departments, provincial and territorial governments and indigenous partners, both as a leader and as a trusted partner in advancing the conservation goals of our country.
We are making impactful infrastructure investments. Parks Canada is protecting and conserving our national treasures while supporting local economies, employing Canadians across the country and contributing to growth in the tourism sector. Investments in the heritage, visitor, waterway and highway infrastructure ensure safe, high-quality and meaningful experiences for visitors, enabling Canadians to discover nature and connect with history. Importantly, Parks Canada in many communities is one of the key anchors of economic sustainability, as the iconic places provide both economic opportunity and community spirit.
As an overview of our financial situation, Parks Canada's budget is approximately $1.7 billion in 2019-2020. Of this amount, approximately $600 million is our ongoing permanent funding, of which 75% comes from funds appropriated by Parliament and 25% comes from revenues generated by the agency. The main sources of our revenues are admission fees, accommodations such as camping and land rent, and commercial operations. The remaining time-limited portion of our budget primarily relates to capital funding in the amount of $900 million in the current fiscal year. This capital portion is part of the $3.6 billion that the government has provided over the past six years to Parks Canada to improve the condition of its large, diverse and unique asset base. The ultimate goal of these capital investments is to ensure Canada's national parks and historic sites are a source of pride and enjoyment today and into the future.
Now I'd like to turn to my colleagues to highlight key directions and a few accomplishments of Parks Canada over the past fiscal year with regard to protecting and managing our treasured natural and cultural heritage.
Ms. Upton, you may go ahead.