Mr. Speaker, the government has spent the $25 billion in the employment insurance fund in order to balance its budget. There is, therefore, no money left for a rainy day.
Last week, we asked the Minister of Finance if he could tell us what he planned to do if we hit some bad times, or a rainy day, as he put it. Is he going to increase contributions to the employment insurance fund, reduce the benefits paid to the unemployed, or create deficits?
Having had a week to think it over, could the minister give us an answer today?