Thank you, Mr. Chair.
Hello to members of the committee.
It's a pleasure to be here today with my colleagues to speak to the 2018-19 supplementary estimates funding, specifically for disability programs, and to give you an update on the progress that's been made with respect to my mandate as minister responsible for accessibility.
I'm going to try to provide a brief presentation, because I would like to give you as much time as possible to ask questions, and for me to reply to them.
Through supplementary estimates (B), we're making the following statutory authorities adjustments to the Canada disability savings program, which includes the registered disability savings plan. The first is a decrease of $44.2 million for the Canada disability savings grants. The second is an increase of $49.2 million for the Canada disability savings bonds. When combined, these result in a net increase of $5 million for the Canada disability savings program.
The Canada disability savings program is a long-term savings plan to help persons with disabilities and their families to save for the future. The increase of $5 million is due to continued growth in the program. This critical program supports long-term financial security for persons with disabilities. We're happy to see an increase in participation in this program, and we continue to explore ways in which we can improve its impact on supporting Canadians with disabilities.
Also, as per my Accessibility portfolio, ESDC is requesting additional funding for the administration of the proposed accessible Canada act, and to enhance the opportunities fund for persons with disabilities. This represents an increase of $6.2 million in the 2018-19 main estimates presented to this committee by Minister Duncan back in May.
As you know, one of my priorities over the past year has been to have Bill C-81, the Accessible Canada Act adopted as quickly as possible. To do so, we listened to comments from Canadians whom the bill directly affects, and we worked hard to respond to them.
Honourable members, thank you for your dedicated work in studying the proposed accessible Canada act last fall. I was very proud that this bill has passed the House with support from all parties. Thanks to your effort, the proposed accessible Canada act is now before the Senate, and I hope it will continue through the parliamentary process in a timely manner.
In addition, I'd like to acknowledge the difficult and emotional work you are doing on the private member's motion M-192 regarding the protection of the needs of people with episodic disabilities caused by multiple sclerosis, among other things. I'm looking forward to reading your report in the spring.
For Canada to become an even more accessible and inclusive country for everyone, we must continue to support people with disabilities. For decades, people with disabilities have worked hard to make Canada more inclusive and more accessible.
Bill C-81 is a catalyst for change and reflects their work, their commitment and their contributions. It further strengthens this important bill.
In terms of timelines and priorities for the application of Bill C-81, the government is committed to timely and meaningful progress on implementation. New entities, such as the proposed Canadian accessibility standards development organization, will be operational within six to 12 months of royal assent. Initial regulations will be based on recognized and established standards, and as now required by the proposed legislation, the first regulations under the act will be made by 2021. The establishment of these regulations ensures the legislation will be reviewed by Parliament by 2026.
Honourable members, as Minister of Accessibility, my objective is to establish a Canada where persons with disabilities can participate fully in our society and our economy, and where they have an equal chance to succeed.
Thank you for your help in making this happen.
We are happy to take your questions.