Mr. Speaker, a new mechanism has been put in place to minimize any surplus or loss in the EI account. We want to ensure we do everything possible to match EI revenues with EI expenditures.
Last year we had a better year than expected in our economy, so the EI claims were lower than usual, which is a good thing.
This new mechanism has only had one opportunity to be put into use. We look forward to it being reviewed again in order to best match revenues with incomes responsibly for Canadians.