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UPDATED  December 3, 2008

The PEI Federation of Labour's Press Release in Response to the Federal Economic and Fiscal Update.

Charlottetown- “Workers on the Island and all through Canada are facing layoffs, loss in pension revenues, loss on their investments, and an uncertain
future for their families but the Harper Government is not taking it seriously”- stated Carl Pursey, president of the PEI Federation of Labour

"We want action on the economic front and we believe the present Liberal-NDP Coalition could do a better job for workers at the present time."continues Mr. Pusey
 
We believe some of the following are key economic measures that would help workers in the coming months.  
 “The Economic and Fiscal Update released by Finance Minister Flaherty just six days ago demonstrates that the Conservative government has no intention of seriously dealing with the global economic crisis and the prospect of fast rising unemployment.” says Mr. Pursey
 
All around the world, countries are taking urgent and exceptional measures to stimulate their economies in a co-ordinated way to stop a slide into a global depression.
 
We have a Prime Minister that instead of investing in jobs and people,  plans to cut spending by almost $2 billion next year. That is on top of cuts to equalization payments to the provinces of $1.8 billion next year and $5 billion the year after. The government plans to raise more than $2 billion next year by selling off public assets (at what will be fire sale prices).  It also signaled a move to shut down pay equity in the federal
jurisdiction.

“The Harper Government has no positive plan to deal with the crisis and intends to respond to a downturn through cuts rather than needed investments in jobs and people. Instead of working  to bring Canadians together, they chose to use the excuse of a crisis to try and ram through a partisan and mean-spirited agenda. ” stated Pursey.

The Conservatives are unwilling to make Parliament work and refuse to provide Canadians with the leadership they need to weather the deepening economic crisis.
 
Right now, instead of talking to the oppositions parties and working with them to find solutions to the present situation, they are acting as bullies and brandishing the menace of another federal election or of proroguing the House of Commons

"We are greatly encouraged that the Opposition parties are prepared to work together around a positive agenda and strongly support efforts to provide Canadians with an alternative that works in the country’s best interests." concludes Mr. Pursey
 
CLC's Get Real! It's the Economy - make it work for us Campaign
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