As I mentioned in my remarks, we have done extensive surveying of this over the last couple of years to understand the impacts, and small business owners have told us in no uncertain terms that it would cause them to freeze or decrease salaries, and reduce investments in their business. CPP is a big amount of money for many small business owners and any increases in that scares them. It will have an impact on their decision-making when it comes to hiring more people and investing in their own business.
On October 28th, 2014. See this statement in context.