Mr. Speaker, members of Quebec's business community clearly indicated at our meetings with them that they preferred to accumulate a surplus in their fund to ensure that there will be no need to increase premiums during the next economic downturn, like what happened during the last one. Such is our intention. We would certainly like to reduce them, but we would also like to keep them at that level once they are reduced.
In the House of Commons on May 10th, 1995. See this statement in context.