On the idea of individualized EI accounts, it would not simply grow based on one's contributions because, clearly, one's contributions would be used to top up those who draw more frequently. There would be a growth in one's account over a period of time if one did not draw or draw from the account infrequently. It would be as large an amount as the hon. member suggested, the $580,000, but it would represent a significant amount that would, over time, reward people for not drawing EI.
There was a study that I would reference for the hon. member in The Economist magazine in 1998. The Library of Parliament has the study which was conducted by a U.K. group of academics on this idea of individualized EI accounts.