Thank you very much Mr. Chairman.
I will begin with you, Ms. Arruda. Thank you very much for your remarks.
I have two questions. The first is about the Canada Employment Insurance Financing Board that was supposed to be responsible for setting premiums. However, it was dissolved before it even existed. On the other hand, what we have heard about employment insurance, from management and unions—that is employees—is that premiums are paid by the businesses and by the employees. The government does not contribute a cent to the account but it makes all the decisions. Minister Flaherty's remarks appear to confirm that the government will be continuing in the same direction.
In your opinion, how can the government justify closing down the board that was supposed to play a much more independent role than government in setting premium rates?