Mr. Speaker, the well-being and financial security of Canadian veterans are our main priority.
We are providing $10 billion in new funding for our veterans, mainly to keep our promise to provide a pension for life option. Since more veterans will be opting for the maximum non-taxable amount of $1,150 a month for life instead of a single lump sum payment, the cost will be spread over a longer period. We continue to make investments in order to better support our veterans.