Mr. Speaker, if we were to treat employment insurance as real insurance, what would that mean? It would mean that the workers who have the highest rate of unemployment would have to pay the highest premiums and that the industries that have the highest rate of unemployment would have to pay the highest premiums. It would be a complete disaster for working families across the country.
I do not know why the New Democratic Party and indeed many of my friends in the labour movement continue to persist in this notion that somehow the answer for everything is to get back to the idea of employment insurance being real insurance. They are not serving the interests of working families when they do that, because they do not understand that the experience ratings that would apply would absolutely clobber working families.
Ironically, it is the New Democratic Party that has contributed to one of the most inane aspects of Bill C-50, which is the creation of this crown corporation. The NDP members got their wish and they will come to regret it.