As I mentioned, Mr. Chair, beginning in 2017, premiums will be set according to a seven-year break-even rate. That is preceded by a three-year freeze on EI rates, leaving $660 million in the pockets of job creators this year alone. The break-even will ensure that premiums are no higher than they need to be.
Liberals used EI premiums paid by workers and businesses as a political slush fund. They raided and completely wiped out the EI account of almost $60 billion.