Ottawa repurposing $10.5B to hike spending on health care, housing over three years

By The Canadian Press on February 29, 2024.

OTTAWA – Treasury Board President Anita Anand says the federal government will repurpose $10.5 billion from the budgets of 69 departments, agencies and Crown corporations in order to hike investments in health care and housing.

The details are contained in the government’s main spending estimates, tabled in the House of Commons this morning.

The main estimates outline how much money departments and agencies are being allocated for the coming fiscal year, not including new spending that could be announced in the spring budget.

Anand is also offering an update on how the government is doing to meet a promise to shift money away from things like travel and outside consultants.

Almost one-quarter of the funds being repurposed next year are coming out of the Department of National Defence.

But documents show the department is also in line to get an increase of more than $2.5 billion compared with what it was allocated last year.

This report by The Canadian Press was first published Feb. 29, 2024.

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