Mr. Speaker, after making cuts to the employment insurance program, now the Conservatives are dipping into the fund and using the budget implementation bill to set up a so-called hiring credit that is ineffective and ill-conceived.
According to the Parliamentary Budget Officer, this credit would create only about 800 jobs over two years. Each job would cost $550,000. It makes no sense.
How can the Conservatives justify using workers' contributions to fund a program that will create practically no jobs?