Yes. I just don't think there's any evidence that it's likely to have that impact. The last time that CPP contributions were increased substantially—65% between 1997 and 2003—the unemployment rate fell steadily and continued to fall for another five years after that. What we're talking about is a modest expansion, a modest increase in contributions, phased in gradually. And even if we wanted to set parameters around when the recovery was strong enough to trigger those improvements to the CPP, that's perfectly doable. But the trick is to define it now so that we don't have to wait and wait and keep pushing it off.
On March 1st, 2012. See this statement in context.