EI premium hike blunder

Nobody is asking any questions.

Canadians are applauding our federal finance minister because the Employment Insurance (EI) premiums will be increased $.05 per $100 and not $.15 per $100 as previously announced.

I am asking where is the $55 billion plus that was previously an EI surplus?

The federal government scooped (or stole) these monies and transferred them to the Federal general Revenue Account. These monies did not belong to the federal government.

However, the federal Liberal Party of Canada still brags that former prime minister and finance minister Paul Martin balanced the federal deficit.

Workers and employers in Canada should be livid about this latest increase for EI premium contributions.

However, nobody is saying too much and just letting this happen

Joe Byciuk


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