Finance committee  There were consultations on the Web. So people had an opportunity to submit reports.

Finance committee  It was a joint consultation between the Department of Human Resources and Skills Development and the Department of Finance. Subsequently, there were five or six round tables that took place in the various regions of the country. They were held in Quebec City, Halifax, Edmonton, T

Finance committee  To my knowledge, no, there was no one.

Finance committee  I am actually using the term “suspended” because the government intends to bring it back. The board will then be responsible for setting the rates once the budget of the fund is balanced again. In fact, a crown agency cannot legally be suspended. That is why the bill dissolves t

Finance committee  Yes. I am not exactly sure which provisions deal with that, but there are provisions for reinstating the board, which will be achieved through an order in council.

Finance committee  That's correct.

Finance committee  When the account is in cumulative balance, we're going to start the new rate-setting mechanism. We'll be looking seven years ahead. We'll be looking at the rate, over those seven years, that would be needed in order to be in balance at that time. That is the way the rate will be

Finance committee  I'm sorry. I didn't understand that.

Finance committee  That is why we changed: to ensure that we have stable premium rates over the business cycle. That is why the government is introducing the new rate-setting mechanism, the seven-year break-even rate that will be introduced once the account is in balance, in order to have a longer

Finance committee  Do you mean the five cents?

Finance committee  A series of consultations were held and championed by Ms. Glover and Ms. Leitch throughout the fall of 2011. The government heard that they wanted to ensure predictability and stability of the EI premium rates. Those changes were made as a result of these consultations, so the 5

Finance committee  Yes.

Finance committee  I think first and foremost—and Ms. Glover's here—the goal of the consultation was how we—

Finance committee  Before the consultation? You mean before the consultation, in terms of what you referred to, that led to the creation of—

Finance committee  Yes—