My understanding is that 10% to 10.5% of premiums are set aside. They are expensable for the insurance company, but they're set aside in their own account.
On June 20th, 2011. See this statement in context.
On June 20th, 2011. See this statement in context.
June 20th, 2011 / 11:25 a.m.
Vice-President, Research, C.D. Howe Institute
My understanding is that 10% to 10.5% of premiums are set aside. They are expensable for the insurance company, but they're set aside in their own account.
See context to find out what was said next.