How far would $57 Billion dollars have taken EI here during this corporate/bank created debacle known as a "recession"?
According to the NDP, the Tories eroded a $57-billion surplus in EI by putting it into general revenue in 2008, then created a new EI account which was only endowed $2 billion.
Citing a report by parliamentary budget officer Kevin Page, Mulcair said: "The Conservatives will have no choice but to provide for the highest increase allowed under the law for EI premiums … because they’ve so seriously underfunded (the EI account)."
EI isn’t tax money. It is money deducted from paycheques of hard working Canadians and also paid by their employers to help workers in the event of a corporate/bank created debacle.
Like this one.