Madam Speaker, I am pleased to have an opportunity to speak and join in this interesting debate today. I want to share a bit with my own constituents how our government is working to build this great country and to make it even greater.
Budget 2005 demonstrates the government's commitments to keeping its books balanced, while providing investments for health, children, seniors, et cetera. It implements more tax reductions, building on our five-year $100 billion tax cut, which the opposition always forgets to mention, and increases funding for defence and international aid.
There has been a lot in the media lately about our budget and about issues in and around Ontario, which is my home province. I would like to outline some of the areas, specifically to Ontario, that are in this budget, and why it is so important for the people of Ontario and the people of Canada to pass this budget in the upcoming weeks.
Let us talk a little bit about gas tax revenues. Ontario will receive more than $1.9 billion over the next five years as a result of the Liberal government's decision to transfer a portion of federal gas tax revenue to municipalities. By year five, Ontario will receive $746 million per year in stable and predictable funding. That will mean better roads, improved transit systems and more sustainable infrastructure. That is new money, not old money. That is a new initiative of our government investing in our cities.
We talked about economic development. Budget 2005 will provide $88 million in funding over the next five years to FedNor to support the economic development of communities throughout northern Ontario and in rural southern Ontario. We know how badly that extra money is needed there. Included in this is a permanent increase of $12 million per year to FedNor's budget.
Also in 2005-06, another $6 million would be provided for FedNor for its priorities in northern Ontario, as well as an $8.2 million in support for eastern Ontario development funds that would work to provide jobs and create new opportunities.
We hear a lot about border security, something that is very important to all of us. Again, this is strictly for the province of Ontario. Since signing the Canada-U.S. smart border declaration in December 2001, Canada has made considerable progress on improving border security.
Budget 2005 provides an additional $433 million over five years to strengthen the federal government's capacity to deliver secure and efficient border services. A portion of these new resources will help increase the number of officers at key border crossings and airports across Canada, especially in Ontario.
Immigration settlement is a huge issue for us in Ontario because Ontario gets the majority of all new immigrants, and we are glad to have them. Budget 2005 provides an increase of $298 million over five years for settlement and integration programs for newcomers to Ontario. Ontario will receive 60% of the total $298 million. That is a huge increase of money for the province of Ontario to help deal with our newcomers, our new immigrants, and help them to integrate and settle better.
We talk about a variety of things. Let us talk about Genome Canada and the research opportunities. Budget 2005 provides $165 million to Genome Canada, a not-for-profit corporation supporting Canadian genomics research, with five regional offices, including in Ontario. Over the past two budgets, the Liberal government has provided $225 million to Genome Canada, which could lead to breakthroughs in the way we treat disease, grow crops and protect our forests.
I would like to talk about health care, which we heard a lot about today, and the new health care accord that we signed with the provinces.
Under the Liberal government's 10-year plan to stop the bickering and have some stability to strengthen health care, Ontario will receive $16 billion in additional health care funding. Of this amount, $13.9 billion will be core health funding, $194 million is for medical equipment, and $2.1 billion is in order to reduce waiting times. That is just for Ontario.
We talked about urban transit. We talked about Kyoto and our environment and smog, and all of the other issues we are investing in. The greater Toronto area and the City of Ottawa are benefiting from a $985 million investment to improve efficiency and help meet environmental goals by reducing greenhouse gas emissions.
What about infrastructure? We all know how important that is. Ontario's smaller centres will benefit from our investment of up to $298 million over the next five years through the Canada-Ontario municipal rural infrastructure fund.
Given that the province and communities would match contributions, the total investment in new infrastructure over the next few years could reach as much as $900 million. That is new investment in infrastructure in the province of Ontario.
Let us talk a little bit about housing. This is a very important issue for all of us in Ontario. On May 17, 2004 the federal government provided a 40 acre site in the McLevin Woods area in northeast Toronto to Habitat for Humanity. The site, valued at $4.8 million, was made available to Habitat for Humanity at a nominal cost under the surplus federal real property for homelessness initiative, another initiative of the Government of Canada. This site will feature approximately 600 residential units of a mixture of semi-detached homes, street townhouses and block townhouse units.
In addition to that, another $99.4 million was allotted in SCPI funding, $8.4 million through urban aboriginal homelessness, and over $2.7 million through the regional homelessness fund.
All totalled, this is a huge amount of money that is going to help us ensure that we are offering housing to those who need it the most. That will be specifically $53 million for Toronto, $17 million for Ottawa, and $12 million for Hamilton in SCPI funding alone.
We talked about a variety of initiatives that are really important as we move forward here in Ontario. In economic development and job creation, the government has contributed to Ontario's economic development through a variety of initiatives through a $207 million investment in Pratt & Whitney to sustain Canada's position as a world leader in aerospace research.
There is a $100 million investment in Ford of Canada to help it introduce innovative manufacturing processes, and a $106 million investment through the Canada research chairs program to provide research funding aimed at helping Canada meet its goals to be among the top countries in the world in research and development.
A little bit earlier one of the opposition members mentioned the issue of agriculture. Under the Canadian agricultural income stabilization fund, Ontario farmers received $81.6 million for the 2003 crop year as of January 2005.
We talked about a variety of initiatives in Ontario. Another one is the research chairs. Ontario was awarded more research chairs than any other province in Canada. Ontario was awarded more research projects than any other province. Investments in Toronto's Harbourfront also continue to go on, so that we can continue to build our province to be the very best that it possibly can be.
Our budget invests in families. Investing in families is a very important part of creating the Canada that we want. Budget 2005 includes initiatives for Canada's seniors, caregivers and Canadians with disabilities.
This budget makes significant investment in seniors' programs as my colleague has mentioned, from health care to income security, from retirement savings to assistance for their caregivers. Our constant goal is to enhance the quality of life for Canadians, especially our seniors. We must always remember that our seniors built this country.
The guaranteed income supplement also provides low income seniors with a benefit that ensures a basic level of income throughout their retirement years. In 2004 our government, under the great leadership of our Prime Minister, made a commitment to increase the guaranteed income supplement payments over the next five years. Budget 2005 goes above and beyond that commitment.
This budget provides $13 million over five years to establish a new seniors secretariat. We have never had that before. Our Prime Minister also appointed a minister for seniors, the hon. member for Trinity—Spadina, as the Minister of State for Families and Caregivers. This is so that we can put specific attention and focus on our seniors, our families, our caregivers, and the many challenges that they are facing in this world today