Mr. Speaker, it is an honour to rise today to speak in support of budget 2025, a budget that lays out a bold, forward-looking plan to build a stronger, more resilient Canada. At its core, budget 2025 recognizes that Canada stands at a turning point. Around the world, we see shifting trade relationships, rising global uncertainty, an increasingly competitive international economy and increasing international turmoil. These challenges require a plan that strengthens our foundations and builds for the long term. That is exactly what this budget delivers.
It is a plan that builds Canada strong by spending less on government operations and more on the people, industries and infrastructure that will define our future. It is a plan that balances fiscal discipline with ambition. While maintaining the lowest net debt-to-GDP ratio in the G7, our government is making historic, nation-building investments in housing, infrastructure and innovation.
Budget 2025 is a plan to catalyze $1 trillion in investments over the next five years. Central to that plan is building major infrastructure, more homes and stronger communities. This $1 trillion in investments is going to change Canada and who we are.
Over the next five years, budget 2025 commits nearly $280 billion in new investments to improve Canada's economy and empower Canadians to succeed. This includes $115 billion for infrastructure to modernize our cities, expand our trade corridors and ensure that every community across Canada has the tools it needs to grow. It includes $110 billion to boost productivity and innovation through investments in emerging technologies such as artificial intelligence and clean energy. It includes $30 billion for defence and security, ensuring that Canada can protect its sovereignty and play a leadership role in the world. It also includes $25 billion for housing through the new Build Canada Homes initiative, which is a program that will double the pace of construction, lower costs for first-time homebuyers and create good-paying jobs.
Not only that, but as I have a history in this House, I can tell members that for the last decades, we have not seen a single dollar invested in health care capital investments. This budget includes $5 billion for health-related infrastructure. Whether I travel to Edmonton or am in Surrey, British Columbia, I see that people are looking for hospital infrastructure. This fund is going to help not only the people in Surrey, but people from coast to coast to coast.
Together, these investments will not only strengthen our economy but also improve the quality of life for Canadians in every region.
This budget is also about efficiency and accountability. Through a comprehensive expenditure review, our government will save $60 billion over five years by cutting red tape and modernizing operations. Is that not what the Conservatives are looking for? I think that is what they are looking for. That $60 billion in savings is right there.
In doing so, we are shifting from a model of endless operating growth to one of strategic investment, focusing every dollar on projects that build productivity, competitiveness and resilience. By 2028-29, our goal is to balance day-to-day spending with revenues, while maintaining a modest deficit entirely tied to long-term investments that grow the economy.
The vision of budget 2025 is guided by four key objectives.
First is focusing our strengths and recognizing that Canada has what the world needs: clean and conventional energy, critical minerals, advanced technology and a highly educated workforce. We are an energy and innovation superpower, and we are investing in our ability to lead in both.
The second objective is building our nation. We will be delivering on major projects that connect our regions, create high-paying jobs and support Canadian industries like steel and softwood lumber. The Build Canada Homes initiative is one example of how we are creating growth that Canadians can see and feel in their daily lives.
The third objective is unifying our economy. Through the One Canadian Economy Act, we will break down interprovincial trade barriers, open new opportunities for workers and businesses, and ensure indigenous communities are full partners in Canada’s growth.
The fourth objective is diversifying our trade. We are expanding beyond traditional markets and developing a more flexible, resilient network of partners. With initiatives such as the trade diversification strategy and other major projects, Canada would strengthen its trade corridors, open new markets and build a more resilient export economy.
While these are national goals, they are felt most directly also at the local level. In communities like Surrey Newton, or Richmond Centre—Marpole, these matter. Surrey is one of the fastest-growing cities in Canada. It is a place of opportunity, diversity and entrepreneurship, but as we grow, we need infrastructure that keeps pace. We need parks, transit and community spaces that improve quality of life. Contrary to what the member for Richmond Centre—Marpole was saying earlier, that cities do not need investments in their parks and in their sports, that is not acceptable.
When we go to the mayors of cities, I hear appreciation for what we have done in this budget. That is why I am particularly proud that budget 2025 includes federal support for upgrades to Newton Athletic Park. This investment would deliver new artificial-turf fields, practice areas, tennis courts and walking paths, which would provide families and young people in Surrey Newton with safer, more accessible and modern recreational spaces.
This is not the end. In fact, in the whole of British Columbia, the Filipino community has been advocating for a long time for their community centre. When they met with me, I went to the hon. member for Winnipeg North for his advice because he is very involved in the Filipino community. In fact, he was a strong advocate that we need to get something like that done, and that was delivered, the Filipino cultural and community centre in Metro Vancouver, British Columbia. That is what our government is doing and will deliver.
The list goes on. In fact, White Rock, which is the riding next door to me, will get a pier as well. These are the kinds of community investments that make a difference in people’s daily lives: spaces where children can play, where families can gather and where newcomers can feel part of our community.
That is what the budget is all about: building a stronger Canada, not just through national policy but also through local action on the ground. Budget 2025 also strengthens community safety, an issue that residents in Surrey Newton care deeply about. We are investing in 1,000 new RCMP officers and 1,000 new CBSA officers, and 150 of them will be assigned to deal just with financial crimes.
These are the kinds of investments we need, so I would request that all members, the Conservatives, the Bloc, NDP and Green members, support this budget and—
