Mr. Speaker, the department of the Minister of Human Resources Development has a committee that has been established under the law. It is made up of employers and employees. The three members of the commission looking at all the circumstances recommended a reduction of 15 cents.
When we became the government in 1993, EI premiums were to be $3.30 on January 1, 1994. They have been reduced with this move to $2.55. We are reducing premiums, contrary to what has happened in previous years.