Finance committee I can't speak to that, but I can speak to your concern that the money is consolidated. It is consolidated on the advice of the Auditor General, and it's a requirement. That is what I can speak to. I'm afraid I can't speak to your other question.
November 5th, 2012Committee meeting
Tamara Miller
Finance committee The CEIFB was originally announced in budget 2008. It took until 2009 to establish the board, to do the appropriate hiring, and to bring in all the necessary administration.
November 5th, 2012Committee meeting
Tamara Miller
Finance committee All I can tell you is that in the budget the government did make a commitment to look at the operations of the CEIFB and to undertake an examination to ensure that the EI rate was set in the most effective and efficient way possible. This was a decision taken by the government.
November 5th, 2012Committee meeting
Tamara Miller
Finance committee I will agree with you that it's a change.
November 5th, 2012Committee meeting
Tamara Miller
Finance committee Yes, it is on page 241 of the budget. I'll speak in English; it's much easier for me. The annual balance for 2012-13 is negative $3 billion, I think.
November 5th, 2012Committee meeting
Tamara Miller
Finance committee That's the annual balance. The cumulative is negative $8.8 billion.
November 5th, 2012Committee meeting
Tamara Miller
Finance committee It is $8.8 billion. We're talking about $8.8 billion.
November 5th, 2012Committee meeting
Tamara Miller
Finance committee Cumulative balance is expected to return in 2016-17.
November 5th, 2012Committee meeting
Tamara Miller
Finance committee The general response after the last budget was fairly positive. The CFIB, in fact, has asked for it to be extended yet again, which was done in budget 2012.
November 5th, 2012Committee meeting
Tamara Miller
Finance committee The general response in terms of doing a communications and media scan has been relatively positive. Certainly, the organizations that have raised the issue in pre-budget consultations have talked favourably of the credit from last year.
November 5th, 2012Committee meeting
Tamara Miller
Finance committee That's the stated intent in the budget, yes.
November 5th, 2012Committee meeting
Tamara Miller
Finance committee There have been lower insurance premiums.
November 5th, 2012Committee meeting
Tamara Miller
Finance committee Yes, it has been positively received.
November 5th, 2012Committee meeting
Tamara Miller
Finance committee From 2011, the data indicates that about 533,000 employers benefited from the credit.
November 5th, 2012Committee meeting
Tamara Miller
Finance committee Yes, and there are part-time employees. It's just the increase over their year before.
November 5th, 2012Committee meeting
Tamara Miller