Regional economic development agencies are really critical to our government's overall agenda, especially the economic agenda, because we want the benefits for the many, not just a few. This is not simply about urban Canada. We want to see rural and remote Canada succeed as well.
That's why we've brought the portfolios together. That's why we've elevated their importance. That's why we've had successive budgets of increasing funding for a lot of these regional development agencies.
You'll see that these estimates reflect the budget commitment going forward of previous 2017 increases, but as you saw in the last budget as well, we've increased the funding for regional development agencies by $511 million. The idea is to give them more resources to better coordinate with these initiatives. Whether it's the superclusters initiative, or the strategic innovation fund, or innovative solutions Canada—the programs I just briefly highlighted—the idea is that we want to break down those silos. That's why everything has come together in one department, to have better coordination, better alignment, and better opportunities, and again, to go above and beyond the traditional urban centres to really make sure that Canadians benefit. Twenty per cent of our population is outside urban Canada, and we want to make sure they succeed going forward in this new digital economy.
We're very confident that the additional funding for the regional development agencies will provide them with the resources to better coordinate with some of the initiatives that I highlighted.