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May 29th, 2012Committee meeting

Andrew Jackson

Finance committee  I know what it is.

May 29th, 2012Committee meeting

Andrew Jackson

Finance committee  It's going up by five cents.

May 29th, 2012Committee meeting

Andrew Jackson

Finance committee  You'll have to remind me, because....

May 29th, 2012Committee meeting

Andrew Jackson

Finance committee  Well, I will refresh my memory and reread it. It always seems so far off that we get to that point of balance that I—

May 29th, 2012Committee meeting

Andrew Jackson

Finance committee  We're going to take at least five or six years before we return to balance, I believe.

May 29th, 2012Committee meeting

Andrew Jackson

Finance committee  Well, as you'll recall, our preference was basically for the premium payers to pay for the cost of the program in terms of regular benefits, for what I'd describe as a normal rate of unemployment, which would be about 6%, and then for the government to pick up the cost of recessi

May 29th, 2012Committee meeting

Andrew Jackson

Finance committee  I'm somewhat torn on how to respond to this because I think the reality right now is that what workers do, for the most part, as they near the end of their claims, is to accept jobs at lower wages. So I'd like to know what evidence there is of workers in the current situation tur

May 29th, 2012Committee meeting

Andrew Jackson

Finance committee  It sounds a bit simplistic, but I think the reality is that in any economy that has high unemployment, most of the brunt of that is going to fall on people who don't have the skills and experience. Given the choice, most employers will hire the person with the skills and experien

May 29th, 2012Committee meeting

Andrew Jackson

Finance committee  Here are two quick thoughts. First of all, I think one disappointment in the budget when it comes to EI is that we haven't expanded investment in the training of unemployed workers through EI. The government did put in additional resources for that during the recession, but that'

May 29th, 2012Committee meeting

Andrew Jackson

Finance committee  I might mention that the CLC is partnered with the Canadian Manufacturers and Exporters and HRSDC in what's called the Roundtable on Workplace Skills, which brings labour, employers, and government officials together to think about some of these issues. It's a pretty low-key oper

May 29th, 2012Committee meeting

Andrew Jackson

Finance committee  My guess would be that for people who are 45 to 50 now and who see and register that this is happening, I don't think it's going to make a hell of a lot of difference in how much they save. They're not saving very much anyway, that we know of. I think that's why they've advocated

May 29th, 2012Committee meeting

Andrew Jackson

Finance committee  I'm still in the world of the optimist when it comes to the expansion of the Canada pension plan. I think we still have a majority of the provinces prepared to support expansion of the Canada pension plan, because they do see that looming problem. There are moments when the Minis

May 29th, 2012Committee meeting

Andrew Jackson

Finance committee  Fifty per cent.

May 29th, 2012Committee meeting

Andrew Jackson

Finance committee  Well, I'm not sure I want to get into a whole debate about corporate taxes here. I would say that my position is that there are more effective ways of raising business investment in the economy than simply cutting the corporate tax rate. So when the CLC has discussed taxation iss

May 29th, 2012Committee meeting

Andrew Jackson