Mr. Speaker, the Canada pension plan is a payroll tax and so is the EI premium. What we are saying is that for a tax reduction, taking the $5 billion surplus of the EI and offsetting it against the deficit should stop now. As we get into the balanced budget benefit that is supposed to be forthcoming, that should be done on its own. To create jobs maybe we should reduce the premium on the EI and offset it against the Canada pension fund which workers and organizations will have to pay. Both are payroll taxes.
In the House of Commons on October 6th, 1997. See this statement in context.