Madam Speaker, the question that was submitted had to do with spending on the backs of future generations. There were concerns about whether the Prime Minister realizes that his spending is lining the pockets of his banker and bondholder friends, instead of funding our doctors and nurses.
Budget 2025 makes generational investments while maintaining Canada's strong fiscal advantage. This foundation allows us to make ambitious and responsible investments and build a Canadian economy that is the strongest in the G7.
We are changing how government works, spending less on operations so we can invest more in Canada's future: creating high-paying careers, building our country and growing our economy.
Budget 2025 introduces a new approach to fiscal discipline and strategic investment. Our ambitious savings plan means Canadians can count on their government to be more efficient in delivering essential services while reducing operational costs. In fact, we are slowing growth in direct program spending from 8% to 1%. We are also introducing a capital budgeting framework that clearly distinguishes day-to-day operational spending from capital investments. That will strengthen our economy and make it grow for Canadians.
The result is that more public funds will go to the infrastructure needed to build the country, clean energy, innovation and productivity, and fewer public funds will go to day-to-day operating expenses. Sound fiscal management is a vital part of reallocating resources and enabling the intergenerational investments that will secure Canada's future.
At the same time, we were very clear in the Speech from the Throne. Even though the government will be spending less, transfers to provinces and territories will be maintained. This includes the Canada health transfer, which provides provinces and territories with predictable funding for health care.
As the hon. member may know, this transfer will increase by at least 5% per year until 2027-28. In addition, the 2025 budget announced the creation of a $5-billion health infrastructure fund. This fund will complement the support already being provided to provinces and territories in the area of health care. It will help them ensure that their health care infrastructure, such as hospitals, emergency services, urgent care centres and medical schools, can meet the health care needs of Canadians.
We are taking a collaborative approach with all the provinces and territories. Canadians deserve timely access to health care services wherever and whenever they need them.
