Tuesday, September 13, 2005

EI surplus - still

Yesterday, federal finance minister Ralph Goodale was in Winnipeg. Yes, there will be yet another federal surplus this year, including yet another surplus in the EI "account".

Of course as Goodale pointed out yesterday, there is no EI "account" because all the money employers and employees pay in EI premiums go into the consolidated revenue fund - read general revenue.

If the federal government receives approximately $3 billion per year more in EI premiums than it pays out, shouldn't some of that money be returned to taxpayers? The CTF certainly thinks so.

Enough of the gouging in EI premiums!

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