Mr. Speaker, I would first like to assure Quebec and all Quebeckers, on my own personal behalf as well as that of every Liberal member from Quebec, I am sure, that we are there for them. We fight tooth and nail every day for Quebec's interests, businesses, people and infrastructure projects, whose financing is already in the honourable Minister of Finance's budget for this year, as it was last year.
This year, our government will establish the Canada infrastructure bank. With a budget of $35 billion, the bank will focus on public transportation networks and electricity grid interconnections. I see on page 120 of the budget that the Government of Canada will provide financial support for REM, the réseau électrique métropolitain, a Caisse de dépôt et placement du Québec project.
Other projects that the Government of Quebec is eager to move on are the Quebec City bus rapid transit system and the Montreal metro blue line east extension. These projects align well with our government's plan to implement green projects under bilateral agreements. The Government of Canada will pay provinces up to $9.2 billion for priority projects that will reduce greenhouse gas emissions or contribute to the development of clean and better-connected electricity grids.
Also, many other projects approved and under way give Quebec access to $7.2 billion under the Building Canada plan 2014-24. In budget 2016, under phase 1 of the infrastructure plan, Quebec was quick to sign agreements allowing it to receive $2.7 billion by 2021.
The Canada Infrastructure Bank will also have a $300-million supplementary fund for creating smart cities in Canada. That should make the mayor of Montreal happy.
In sum, as far as the work of the federal Liberal caucus is concerned, I will say to my fellow Quebeckers and those who are concerned about our work that we are defending the interests of Quebec, as evidenced by the very many projects that are currently getting funding from the Government of Canada.
People like me who are naturalized Canadians never stop revelling in the natural beauty of this country. We are blessed to be able to enjoy such a vast and beautiful country. Our government wants to preserve this beautiful nature, eliminate sources of pollution, and preserve natural areas. That makes sense. To love this country is to preserve it and help it flourish.
That is why it is only logical that we invest $21.9 billion in green infrastructure over the next 10 years. I would like to congratulate the hon. Minister of Finance for his vision and national perspective, as well as for his global vision. South of the border, there is a great deal of uncertainty .
The American President intends to make major tax cuts, and we still do not know what impact that will have. We do not know what will happen with NAFTA. We also do not know what impact American infrastructure projects will have on this side of the border.
There is also a lot of uncertainty with regard to Europe. What impact will Britain's departure from the European Union have and how will that affect the comprehensive economic trade agreement that Canada just signed with the European Union? What will be the outcome of the presidential election in France?
At times, it seems the uncertainties never end. The hon. Minister of Finance, however, took all of these things into account in order to develop an intelligent, prudent budget. He also developed a budget that gives hope to our future generations by including more measures to help the middle class and those who want to join it.
It therefore comes as no surprise that this budget benefits young people, workers, and businesses wanting to prepare for the structural changes that are on the horizon. Emerging technologies are going to drastically change the workforce. This upheaval was discussed at the World Economic Forum in Davos, where it was said that the level of job loss will wash over us like a tsunami or an avalanche.
We want to increase the share of green technologies in Canada's GDP. Indigenous peoples are not being left behind. Next year there will be programs with $4 billion in funding to help build and renovate housing and water treatment systems and make improvements to sanitation facilities and indigenous community infrastructure.
As far as health is concerned, we now know that Canada has concluded agreements with all the provinces to transfer $10.6 billion over 10 years to support home care and prevent mental health problems.
Budget 2017 would make a $7-billion investment to create 40,000 child care spaces in Canada by 2027. Countless other tax measures are included in this budget. They affect our way of life and our future. Every one of us as Canadians has reason to be proud when we look at this budget in detail because it looks to the future with confidence. This budget is not driven by numbers, it is driven by a vision, a hope, and a desire to make a positive contribution for future generations.