Federal Buget worsens inequality / High unemployment future - 0 views
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Brijesh Patel on 18 Jan 13Since the recession began in October 2008, only 179,000 jobs have been created. (In recent months 37,000 jobs have actually disappeared) 541,000 workers who have exited Canada's work force since the recession began. Roughly 700,000 seniors would suffer reduced incomes. The number of seniors below the poverty line would increase from 50,000 to 220,000- representing a more than doubling of Canada's poverty rate. Thirdly, past cuts to Canada's Employment Insurance (EI) program mean that only 39% of the officially unemployed are eligible to receive benefits. Another 860,140 unemployed people are barred from EI benefits and have to rely on provincial welfare or their families.