Value for money is obviously extremely important to everything we do at the Treasury Board, from overseeing $450 billion of expenditures every year to ensuring that we are cutting red tape. That will include ensuring that Bill S-6 goes through committee and hopefully, again, gets passed by the House on third reading.
The financial information in the estimates is presented to support an appropriation bill that seeks parliamentary approval for expenditures that will be incurred throughout the year. Through this supply bill, the government requests Parliament's approval of the planned spending proposals that are detailed in the estimates.
As I briefly outlined in my remarks, the supplementary estimates (A) 2024-25 present $12.7 billion in incremental spending, and that includes $11.2 billion in new voted spending and $1.5 billion in forecasted statutory budgetary expenditures.
I want to highlight that the majority of that funding is through voted expenditures. We will have the opportunity to vote on this funding in the House of Commons.