We've been polling our members on this issue for quite some time. This notion of increasing CPP premiums has come up again and again. It's the biggest payroll tax that our members pay. We understand that for the employees it's deferred income, but business owners feel as though they don't get this money back. It's not deferred income for them. They have no choice but to pay it. They have to pay it even if they don't make any money that year, as long as they have employees. For them, that makes it a tax.
We know that 80% of our members will see an impact on their business, whether it's having to reduce hiring plans, or freezing or cutting wages. We know that the impact of this increase will be significant for them. That's why we're asking for alternate support from the government, whether it's through EI, reducing the corporate income tax rate, special considerations on carbon tax. These are all coming down the track.