But the chief actuary has given assurance to your numbers that this will at most be a $70-million cost to the EI fund. The reason it's important is that we have people who pay EI and have no choice but to do so—employers and employees.
There's a $2 billion fund in this new EI financing board, which is not a lot. The Canadian council of actuaries told us last year that it should be $10 billion to $15 billion. So there's already a draw on this and it seems inevitable that there are going to be rate increases for employers and employees as a result of Bill C-50. It appears there'll be further rate increases required because of Bill C-56, if there's a cost to this program of $70 million.