Mr. John Williams (Edmonton—St. Albert, CPC)
Mr. Speaker, I listened with interest to my good friend speak about the employment insurance fund and what he perceives to be a dearth in the surplus. I thought it was rather cute when he said “send out the RCMP and the Sergeant-at-Arms to see if we can find this missing money”. He knows exactly where that money went, as we all do. It was spent by the Liberals.
Every year the Liberals used the money in general revenue, treated it as a tax revenue and spent it. It was spent on behalf of Canadians and now the money is gone and the coffers are empty. That is why we in the government have put forth a plan to kick-start this with a $2 billion fund.
As the member already admitted himself, a $750 million a month surplus is going into the fund. How much does he actually want to tax Canadians? Is this a notion that Canadians are a bottomless pit when it comes to paying tax so he can boast about having all this money sitting in a bank account? We would rather see the money in the pockets of Canadians. We want to see that the fund is protected and there for them should they ever find themselves unemployed.
I thought it was rather cute when he pleaded ignorance as to where the money had gone. Does he acknowledge that the money was spent by the Liberals, that it is gone now so therefore the fund has to be rebuilt?
Subtopic: Budget Implementation Act, 2008