The recession will have an enormous impact on the account. We foresee cumulated deficits of approximately $15 billion between 2009 and 2011. The 2009 contribution level was set at $1.73 for every $100 of taxable income under the account. The government froze the contribution level for 2010. Starting in 2011, the provision set out in Budget 2008 will come into force, i.e., the contribution rate will increase over a period of five years in order to balance the cumulative account.
On November 23rd, 2009. See this statement in context.