We know there is no employment insurance account. The money goes in and is recorded in the federal government's current expenditures, and it pays out benefits.
In terms of the accounting, the government, whether it be yours or the previous one, has acknowledged that debt in court. In fact, it acknowledges it, because it applies a certain percentage for interest. Even the judges in the lower courts have held that the government acknowledged the debt.
To answer your question, I would say that the money was used, but I don't know where. You're the members of Parliament, so you ought to know. Was it used to pay the debt, to pay for tires for the Canadian army? I don't know. The money must have been used for something.