Bill C-521 (Historical)

Employment Insurance Surplus Transfer Act

An Act to provide for the transfer of the surplus in the Employment Insurance Account

This bill was last introduced in the 39th Parliament, 2nd Session, which ended in September 2008.

Sponsor

Marc Lemay  Bloc

Introduced as a private member’s bill. (These don’t often become law.)

Status

Dead, as of June 19, 2008
(This bill did not become law.)

Summary

This is from the published bill. The Library of Parliament often publishes better independent summaries.

This enactment provides for the transfer of the surplus in the current Employment Insurance Account into the account for employment insurance that is to be administered by the Canada Employment Insurance Financing Board.

Elsewhere

All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.

June 19th, 2008 / 5:30 p.m.
See context

Conservative

The Acting Speaker Conservative Royal Galipeau

The hon. member for Abitibi—Témiscamingue is not present to move the motion for second reading of Bill C-521, An Act to provide for the transfer of the surplus in the Employment Insurance Account, as announced in today's notice paper. Pursuant to Standing Order 94, since this is the second time this item has not been dealt with on the dates established by the order of precedence, the bill will be dropped from the order paper.

Employment Insurance Surplus Transfer ActRoutine Proceedings

March 3rd, 2008 / 3:25 p.m.
See context

Bloc

Marc Lemay Bloc Abitibi—Témiscamingue, QC

moved for leave to introduce Bill C-521, An Act to provide for the transfer of the surplus in the Employment Insurance Account.

Mr. Speaker, I am pleased to table in the House a private members' bill.

In his budget presentation on February 26, 2008, the Minister of Finance referred to the creation of the Canada employment insurance financing board, which is to be an independent Crown corporation responsible for implementing a new mechanism for setting employment insurance premium rates and for maintaining a cash reserve provided by the government.

The purpose of this bill is to have the government return to the employment insurance fund, which is to become independent, the $54 billion it has taken out over the past 18 years or so, since 1990.

(Motions deemed adopted, bill read the first time and printed)