Learning Journal (blog) - Nov 17

Pick a topic from our 'Current Business Live Feed' and respond to it.

One of the latest activities on the Live Feed is our economy, and how we are being affected with the World economy. The devastation of job losses, the closing of plants, the Canadian Dollar on a big decline (I'm really sad about this - I love to shop in the states.) But the biggest thing on most Canadian minds is: Will I have a job tomorrow? To be frank, this is on my mind as well. As FN working in a FN community, we are solely dependant on Federal Government Funding for our annual contracts. I am a floater, and I rely on 6 - 12 month contracts for the technology services I provide. The uncertainty in the economy causes the Federal Government to become very nervous, and they tend to start cutting costs on various projects, or to stop funding all together. The last time I felt this was approx 2003, when the Federal Government got nervous and stop hiring, closed all contracts that were under negotiation, etc.. I got affected, as I was one of these clients with a sub-contract under Health Canada.