Michael Savage at the Human Resources, Skills and Social Development and the Status of Persons with Disabilities Committee

On November 19th, 2009. See this statement in context.

November 19th, 2009 / 3:50 p.m.

Liberal

Michael Savage Liberal Dartmouth—Cole Harbour, NS

I understand, but my concern is that there's a $2 billion fund that's being transferred over to the new EI financing board. That's $2 billion, which we know is not enough, because we are already in some kind of a deficit due to the circumstances. I'm not blaming you, but that's what has happened.

So this could be a further drain on that $2 billion and could impact rates down the road, which would mean that premiums could go up for everybody if this is not self-financing. Is that not the case?

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