Mr. Speaker, just to put this matter in its proper context, the managers of the fund have maintained throughout that this was not an unexpected development of the contingency fund, that it would have some pressures.
Certainly for the next three years it has full funding to cover any possible change or alteration in the situation of the fund. It is certainly actuarially sound and has sufficient contingency funds within it.
As the hon. member knows, according to legislation there must be changes in premium rates along the way. That is one reason why we have emphasized in the budget the importance of bringing down the cost of payroll tax, things like UI premiums and CPP premiums, so that we can maintain an active incentive for the private sector. That is one reason why the paper that the Minister of Finance announced will be a very important document for us to study.