Mr. Speaker, we would have preferred to lower premiums to $3 right away, but we have serious budget constraints. Nevertheless, we did reduce premiums from $3.30 down to $3.07 for this year, and to $3 for 1995.
Obviously, we would have preferred to set premiums at $3, but it is not just a matter of pleasing people, we have to do what we can with what we have, and the decision made by the Minister of Finance to lower premiums to $3.07 for the first year and to $3 for the second year was the best one that could be made under the circumstances.