Archive for the ‘Employment Insurance’ Category

 

Random GPC Policy of the Day – Reforming EI p102

Today’s Random Green Party Policy of the Day from Vision Green is page 102:

“Changes were made to reduce the usefulness of the Employment Insurance scheme back in the 1990s. Prior to the changes, 82.9% of those who were unemployed could access benefits. By 1997, this fell to 43.8%, where it held steady through 2004. Workers had to log a longer employment period in order to qualify, and the benefits received also shrank.

Ironically, the current recession is an ideal time to expand and improve the EI benefits. Economists, such as Ian Lee, Director of the Sprott School of Business, have determined that spending on EI is especially effective in stimulating the economy. Those receiving benefits spend nearly every cent received in essential purchases (food, clothing, shelter). Expanding the EI system can be justified as a sensible economic measure, as well as a matter of equity. This is one measure that does not require finding new money…

Green Party MPs will:

-during this time of need (until the unemployment rate in Canada drops below 6%), provide EI benefits retroactively, without imposing additional premiums, to all those who have lost their jobs … and who have paid into EI for at least three months, and also urge that EI benefits last for 52 weeks to provide a safety net while waiting for the economy to recover and, if necessary, extend EI benefits beyond 52 weeks…”

Quick Translation: The Green Party will support a benefits system that Canadians are able to access and that will help them cope with growing economic instability.

Won’t it feel good to vote Green?

Posted by Vanessa on April 11th, 2011

Filed under Employment Insurance | 1 Comment »