Mr. Bruno Gagnon at the Human Resources, Skills and Social Development and the Status of Persons with Disabilities Committee

On May 6th, 2008. See this statement in context.

May 6th, 2008 / 11:05 a.m.

Chairperson, Task Force on Financing of Employment Insurance, Canadian Institute of Actuaries

We see that there's still a pro-cyclical system in Bill C-50--the rates increase when unemployment increases--and we are not comfortable with that. Even though you can repay over more than one year, we're still not comfortable with the fact that premium rates will increase. It's the worst time for increasing premiums.

See context to find out what was said next.