Mr. Speaker, I am pleased to address the hon. member's comments regarding the performance of Canada's health care system in the face of an aging population and changing health care needs
Our government is committed to a publicly funded, universally accessible health care system. While provinces and territories have primary responsibility for delivering health care, federally, we will continue to provide significant support through fiscal transfers as well as targeted initiatives to foster improvement in critical areas.
Since taking office, our government has increased the Canada health transfer by almost 70%. Federal health transfers to provinces and territories are at an all-time high, on track to increase from $34 billion in 2015-16 to more than $40 billion annually by the end of the decade. This represents a record investment that provides the provinces and territories with the financial predictability and flexibility to respond to priorities and pressures in their respective jurisdictions. For example, this funding enables them to further develop their own home care and long-term care programs and services to respond to the unique needs of their senior populations.
Our government is committed to the health, well-being and quality of life of Canada's seniors and recognizes the importance of home care and long-term care as an effective means of delivering the type of care required, while reducing unnecessary pressure on hospitals. We recognize that many older adults would prefer to remain in their own homes for as long as possible. That is why budget 2013 announced expanded tax relief for home care, including services such as bathing, feeding and other personal care.
However, we also know that money alone is not going to enable our health care system to address the complex challenges posed by an aging population, increasing rates of chronic disease and slower economic growth. We know it is also important to explore innovation so Canada's health care system can adapt to this new reality, continuing to provide the quality care that Canadians expect over the long term.
The Government of Canada is the single largest investor in health care innovation, with more than $1 billion invested annually to support health research, knowledge development and positive change. For example, through budget 2015, we will enhance our ongoing support of Canada's strategy for patient-oriented research, or SPOR, increasing our investment by $13 million for the Canadian Institutes of Health Research to expand this initiative. SPOR aims to align research, innovation and health systems to ensure that patients receive the right treatment at the right time.
Looking forward, we are committed to working with provinces, territories and stakeholders to strengthen Canada's health care system for all generations through research and innovation.