Some years ago, the government established a framework for determining the rates for premiums in order to make sure the fund is in balance in the medium term. The economy goes in cycles and the employment insurance fund is not balanced each year. Through the employment insurance commission, the government is assured of achieving a balance in the medium term.
That said, the government did not want to increase premiums now, given that we are going through a period of difficult economic growth. That is why we froze premiums for the next three years. The announcement has been well received by employers. The policy is designed to create jobs.