Mr. Speaker, our government takes the cybersecurity of Canadians very seriously, and we will never compromise on national security. We are investing more than $869 million to fund a new cybersecurity strategy to ensure secure and resilient cyber-systems and to encourage innovation.
As part of this strategy, the Communications Security Establishment received funding to establish the Canadian Centre for Cyber Security. The new centre is a hub for the government's leading cybersecurity experts and can address rapidly developing cyber-threats throughout the world in real time.
Together with Canadian and international partners, Canada's national communications intelligence agency is constantly working to identify threats, and we will continue to listen to its advice. We have the utmost confidence in the CSE's cybersecurity expertise, but, of course, it cannot do it alone.
Security is a collective effort that involves 31 telecommunications service providers. We have been partnering with industry and vendors since 2013 to make sure that the equipment in our telecom networks is safe and secure for all Canadians. The success of this program demonstrates the willingness, transparency and good faith of the private sector to work with the government.
Canadians can be confident that our telecommunications networks are properly protected. They are among the best and most secure in the world. We are leveraging that experience, and that of our allies, to ensure that Canada continues to raise the bar for security globally. Some of our closest allies around the world have restricted certain equipment from inclusion in their 5G deployments.
We will continue to engage with our allies around the world as the government works to formulate Canada's position on this issue. 5G will be the backbone of the digital economy and a platform for innovation. Beyond improving telecoms, 5G will enable new technologies across other sectors such as transportation, energy and health care.
Canadians can rest assured that we are working to make sure that these networks are properly and thoroughly protected.