lloydnina,
In my second post, page 1 I mentioned retraining - 2 years.
This was a Government funded program which provided partial tuition payment AND ASSISTANCE WITH LIVING EXPENSES. I took a student loan which started to accumulate interest in the summer months between the two academic years. Due to fortunate circumstances at the time I managed to pay the loan off and am currently not in debt, not yet.
The good news: The program was generous, good and I graduated and took a diploma. Something that, no doubt, cannot happen in a number of countries. It is not enough to be able to afford the tuition; you also need someone to support you financially as working and studying at the same time is impossible. Universities here make you busy since day 1.
The bad news To take advantage of this program one needed to have had an active EI claim in the past 3 years. Furthermore, last year the funds were reduced in such a way that they no longer cover anything more than $1,000. (in comparison the tuition fees for one year I was supposed to pay were over $5,000) But the ultimate bad news is, I did not get a job after completing the program. The group started with 20 students. About 12 of us graduated on time. The other 8 could not handle it.
The basic math is:
Canadian population: 30 mil
Workforce (lets say 1/2) 15 mil
Unemployment (lets be conservative and go with 10%) 1.5mil
Now imagine you have 1,500,000 unemployed and you are adding another 500,000 to this number.
Obviously the idea is that in 2011 the Canadian industry will generate 2,000,000 new jobs???
No, nobody is saying that, in fact jobs have been diminishing. They are outsourced to places with cheaper workforce.
So how are you going to survive, or how am I going to survive is a really big question. On the bright side (for me) I never sold any property before moving to Canada and yes, there are still some friends I may find back home.