Madam Speaker, the government has been consulting on changes to the employment insurance system for seven and a half years. In the meantime, we have had a global pandemic where we know, knew and still know that the employment insurance system was inadequate to the task; it had to be completely reimagined and changed for the duration of the pandemic. The government has since cancelled those rules, saying that the pandemic is over and that we do not have a problem.
Then we experienced a period of very high inflation. Now the Bank of Canada, despite fanfare about having a different mandate in the fall of 2021, has actually not changed the mandate at all, as I said at the time. It is still an inflation-targeting mandate. That is what the leader of the Conservative Party wanted; it is what he got. Now we have Bank of Canada leadership who say the unemployment rate is too low and they need to raise it. They will actually continue raising interest rates until unemployment comes up. We have a government that continues to say it is consulting on employment insurance reform, when it has had over seven years and knows very well what needs to be done. When will it do it?