Mr. Speaker, our government understands that each and every one of our citizens deserves the best health care available. We are leading the way by providing the highest health care transfer dollars ever to provinces and territories. These are set to reach $40 billion by the end of the decade.
In a speech to the Economic Club of Canada yesterday, the Minister of Health made it clear that we are also focused on innovation to ensure that the system is sustainable.
We are supporting innovate partnerships with the private sector, provinces, and territories. Such initiatives include funding for the Canadian Foundation for Healthcare Improvement, which will improve patient care and reduce costs. Our government is also the single largest investor in health care and science research. Through the Canadian Institutes of Health Research, our government invests roughly a billion dollars each and every year into world-class research.
With the leadership of our great Minister of Health, our government will continue to leverage the expertise of all Canadians to improve the quality of care and make our health care system sustainable.