Monday, September 14, 2009

Tories Overstate Liberals EI Costs

The Parliamentary Budget Office (PBO) declared today that the Conservative government's estibmate of the proposed Liberal plan to standardize EI qualifications across the country was grossly over-stated. The government had pegged teh cost of reform EI qualifications at 360 hours at $4 billion while the PBO has declared the Liberals' cost analysis of roughly $1.1 billion as a "reasonable estimate". Now it is up to the government to follow-up on its promise to deliver EI reforms in the coming week when the parliamentary session resumes.

Source: http://www.cbc.ca/canada/story/2009/09/11/employment-insurance.html

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