Mr. Jackson, you have the actuaries on your side, as Mr. McCallum said. The Canadian Institute of Actuaries had this to say about the system:
[Translation] [...] the plan should instead have a $15 billion fluctuation reserve, to avoid premium increases in the event of a recession when businesses and employees have the hardest time finding money.
What is the potential impact of the current economic slowdown—or recession, if you will— if the act is amended as the government would like it to be, that is with provision for a $2 billion reserve? What can we expect over the next two to three years given the economic downturn, particularly in the manufacturing sector?