Mr. Speaker, here is yet another minor amendment by the Conservative government: the Conservatives' Bill C-4 will eliminate the Canada Employment Insurance Financing Board.
The board's main mission was to guarantee that EI contributions were used solely for the purposes of the program. The decision to kill this institution is therefore worrisome, but I admit, not very surprising, coming from the Conservatives.
With the demise of this institution, is the minister telling us that the EI funding surplus will now be administered by his office, with no accountability?