This is not so. The new board will not take in any money. As I said in my comments, Revenue Canada will continue gathering the money through the consolidated fund at the beginning. A consolidation will be made to find out how much surplus money there will be at the end of the year. The surplus will be transferred from the consolidated fund, credited to the employment insurance fund and transferred to the new board which will determine the premium rates for the following year while taking into account the money...
On May 1st, 2008. See this statement in context.