On the Canada pension plan, I will tell you that the previous tax increases have hurt us hard, and there was no stopping that during the pandemic itself. On EI, the federal government, to its credit, froze EI premiums for 2020 and 2021. They've now taken that freeze off, so rates are going up by five cents per $100 for employees and seven cents per $100 for employers.
Get a load of this: On the CPP front, somebody making $65,000 is going to see a $750 increase in their CPP contributions next year on January 1. That's $750 out of their pocket. The employer is going to have to come up with another $750 for an employee making that. When you're dealing with inflation as a business or consumer and taking $750 out of your income, even if you accept that the CPP should go up, could we not...?
The benefits get phased in over the next 40 years. A one-year pause to get inflation under control does not seem like too tall a request for Ottawa at this time.