The account hasn't been able to be balanced, though, if governments have been using EI premiums for general revenue and not for the purposes for which they were intended. Tens of billions of dollars were taken out.
The issue is that when you're in a recession and then in a very weak recovery and unemployment remains persistently high, you have elevated demands on EI benefits. Of course, as we see in the report from Statistics Canada today, only 40% of unemployed workers are even able to get benefits, but if people were truly able to get the benefits that they were entitled to, the fund would be in even worse shape. Isn't that correct?