I could not answer that. I do not even understand what he means. I mean, it is just like gobbledygook. I mean, the reality is that CPI, as well as a whole bunch of other factors are taken into consideration when the board of directors, who have the mandate and authority, approve an increase in the YMIR. My understanding is, from my discussions with Mr. Meier, that most of the stakeholder groups have been advised of this. There are no significant, none at all, objections to the proposal and I have, Mr. Picco is it? Mr. Picco wants to know what the percentage of CPI as it relates to a $3,000 increase from 1996 to 1997 or 1998, I suppose we could sit down with our accountants and work that out, but it is only one small factor in determining the YMIR.
John Todd on Bill 15: An Act To Amend The Workers' Compensation Act
In the Legislative Assembly on October 14th, 1997. See this statement in context.
Bill 15: An Act To Amend The Workers' Compensation Act
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
October 14th, 1997
Page 1583
John Todd Keewatin Central
See context to find out what was said next.