The funds are indeed earmarked for the Office of the Chief Information Officer within the Treasury Board Secretariat to enable it to assign individuals to provide leadership for the implementation of a cloud strategy. These individuals are working with Statistics Canada, the Department of Finance, the Communications Security Establishment as well as Shared Services Canada to put in place a cloud computing funding model as well as a strategy for the future of cloud computing in the federal government.
On November 30th, 2023. See this statement in context.