There are many topics there. You talked about budget 2025, and then you talked about the CER and the PBO. I don't know if we'll have enough time, but I'll try to explain as much as I can.
First, budget 2025 is a transformational budget. It lays out a clear plan to build a stronger, more resilient Canada with targeted investments that support growth, security and affordability. It proposes generational investments of $25 billion for housing and $115 billion for infrastructure. For defence and security, it is $30 billion, and for productivity and competitiveness, it is $110 billion. This will allow us to meet the moment and enable $1 trillion in total investments in Canada over the next five years.
Budget 2025 also proposes over $25 billion to support workers and businesses and introduces long-term savings through a comprehensive expenditure review with reductions beginning in 2026-27 to ensure fiscal sustainability.
Then, when we come to the comprehensive expenditure review, it will achieve $9 billion in 2026-27, $10 billion in 2027-28 and $13 billion in 2028-29 and ongoing. This will obviously include a reduction in the number of FTEs.
There's agreement with the union bargaining agreement that is in place. That would be followed and respected, and we'd do it in a way so that it has minimum impact on involuntary exits.