I'll start where you concluded, which is to say this really is a budget for fairness for every generation. We recognize that means we have to make investments in Canada, for Canadians, and especially for millennials and Gen Z, and that means massive investments in housing. This budget has the most ambitious federal housing plan in Canadian history, with nearly four million new homes to be built by 2031. It means investments in affordability and in the social safety net. We've been discussing some of those, and they are really important for all Canadians, especially young Canadians.
Crucially, it means investments in economic growth. The budget includes a $5-billion investment for students, for post-docs, for our universities and for research. That investment in our fundamental intellectual capacity is an investment in young people. It's an investment in the future.
The budget includes an investment of more than $2 billion in AI to be sure Canada maintains its strong position in this essential frontier of the global economy. The budget includes really important investments in productivity overall, like the expansion of the accelerated CCA, the accelerated capital cost allowance. When you talk to businesses, they say that is a measure that drives investment. Of course, with this measure, plus Bill C-59, we will have four of our investment tax credits in the clean economy passed into law. That program is essential to ensure that Canada can remain an industrial and manufacturing economy in the 21st century.
We're making really big investments in Canada's economic capacity, and those investments cost money.
Now, some people would simply choose not to make any investments and follow a path of austerity. I think that would be a terrible mistake. Other people might choose to make the investments, but not do it in a fiscally responsible way. We saw that with a far-right budget, which didn't last very long, that was put forward in the U.K. I think that would be a mistake here also. Our government, which recognizes we need to make investments and we have to do it in a fiscally responsible way, is making our tax system more fair and using that fair approach to fund the investments that Canadians need.
I think the elephant in the room—in this committee, in the House of Commons, in Canada—is the Conservatives' really refusing to be clear on their view of tax fairness for every generation. I think that we're actually going to end up disagreeing: The Conservatives are going to prefer not to invest in Canadians because I think they find it too challenging to ask those who are doing the best to contribute a little more. I think that's a clear line of difference, and that would be a real mistake for Canada and Canadians.