Mr. Speaker, my question is for the Minister of Human Resources Development.
On March 27 the minister stated that employment insurance premium surpluses must have an upper limit. The surplus is now estimated to be $5 billion for this year alone. A majority of Canadian pension fund managers recently stated that the primary reason job creation in our country is stagnant is due to payroll taxes.
Will the minister tell the Canadian people when enough is enough and when the job destroying employment insurance payroll tax will be reduced?