Thank you.
We know that, for Canada's future, our economic growth has not been strong enough in recent decades. In the previous decade, it was the lowest it has ever been. We also know that, given our demographic challenges, it's very important to invest in growth. In our budget, we described phase 1 of our infrastructure program, which will help the economy become more effective and efficient in the future. Going forward, we allocated about $11.5 billion and $14.9 billion to our infrastructure program for 2016-17 and 2017-18. This measure, in addition to the others, will result in a 0.5% increase in economic growth this year and a 1% increase next year. As a start, it's very significant.
You also asked me about the other measures. We decided to allocate $800 million to our innovation program. This amount will be used in the next four years to establish networks and clusters to improve our chances of creating a more vibrant economy.
For infrastructure and innovation, we will have more to say this year about phase 2 of our infrastructure program and additional measures.
I am also currently working with a council on economic growth.