Mr. Speaker, what is happening here simply is not right. Here is what the former EI fund chief actuary, Mr. Michel Bédard, had to say, “The Budget Implementation Act...is now formally and finally wiping out the accumulated EI surpluses worth $57.2 billion”, $7 billion of that under the Conservative government.
The Prime Minister told the House that “every dollar in EI premiums should be used for the benefit of workers”. Why is the Prime Minister legalizing this Liberal theft?