Thank you for your question.
The $14.2 billion I mentioned in my opening remarks will be paid out over a period of six fiscal years beginning with the current fiscal year, under two headings: defence initiatives that have yet to be announced, but also anticipated near-term pressures, that is, in the next six years.
We assume that the funds will be used for measures that the government plans to announce in the coming months. As for the anticipated pressures, they seem to be fairly well known and well quantified, since the numbers do not appear to be rounded. Again, we don't have any details, though.
When my office and I asked Finance Department officials questions, we were basically read the headings. So that information was not very helpful to us. In my view, this raises questions about the transparency of the fall 2022 Economic and Fiscal Update.
The government seems to know a lot of the measures that will be funded, but they are not yet disclosing them. So that's why we mentioned that these amounts seemed to be fairly specific.
The risk I see is that once the measures are announced, it will be difficult to determine where the funding announced under these two somewhat mysterious headings will have been mentioned: in Budget 2022, Budget 2021 or the fall 2022 Economic and Fiscal Update.