In fact, on the issue that we have with that, if that rate could have been dropped much sooner without really creating any further deficit in the account—so a drop in the rate sooner—it would have actually provided that savings to Canadians without really creating any deficit in the accounts. This is where we have an issue, and we've provided an alternative scenario that would in fact show lower premium rates for EI without really creating any deficit in the account, and in fact, the account would be balanced over the seven-year period as the legislation requires the account to be.
On April 29th, 2014. See this statement in context.