Mr. Speaker, the member opposite has highlighted a very responsible move on behalf of this government. We have moved to reduce EI premiums in each of the years that we have been office rather than what the previous government did. In a time of great difficulty and a time of downturn in the economy, it increased the premiums and further exasperated the difficulties for finding employment.
He also opens up another opportunity. We built a nest egg and that is important for what is a cyclical turn in the economy. We have also reduced premiums for all workers and that is very important.
Third, in this budget we provide an EI holiday to all those who hire young Canadians between 18 and 24. That perhaps is one of the most interesting and creative ways to deliver job opportunities to young people from coast to coast. It is as important to the kids in Montreal and in the member's riding as it is to the kids in Burlington and the kids in Kamloops. It gives them an opportunity. It says to employers if they fulfill their side of the bargain in creating this opportunity and we will fulfill something for them, we will give them a bit of a break. That is a very important initiative. I am glad the member is supportive of those reduced premiums for our young Canadians.