Yes, that's correct.
The way it works, in last year's budget the government introduced the seven-year rate-setting mechanism. In 2017 that rate-setting mechanism is going to kick in. That means that as of 2017, the EI premium rate is going to be calculated according to the rate-setting mechanism.
The rate-setting mechanism means that over the course of seven years, the account has to be brought back in balance. To be very clear, when we're talking about bringing the account back in balance, it's the total stock of the account. The surpluses that might happen before 2017 will be taken into consideration and will be whittled down, starting in 2017, according to that mechanism.