No, that is not what I said, nor is it what I believe. I think that the billion dollar cost—next year, it would probably be $1.4 billion— would be high for as long as we have a very serious unemployment problem in Canada. As soon as unemployment starts to go down—and we hope it will—the $1.4 billion amount will also decrease. It could even be half of what it currently is.
On October 29th, 2009. See this statement in context.