It's such an important question, because, of course, the uncertainty and the impact on specific sectors, like auto, steel and indeed forestry, lumber and aluminum, have meant that there have been layoffs in certain sectors. Despite the overall numbers that show we're holding steady, one job loss is too many, and many people feel very scared when that happens.
I was on EI in my early years, in my twenties. Many of us in this room either know someone who's been on EI or have maybe used it ourselves. If you've been pregnant, you've also used EI. I've had a baby. At the end of the day, employment insurance is like a long-standing social safety network, and that's why the Prime Minister, early on, decided to strengthen it and create new measures that could support people in the case of sudden layoff.
One thing that happens now that is different is workers can get severance and EI at the same time, meaning they don't lose a dollar of their pay and they don't have to face a waiting period for EI. There is no waiting period at all. There was a one-week waiting period. That has been waived.
Indeed, long-tenured workers are getting 20 extra weeks, because sometimes, as a person who's worked for a long time in an industry or for a specific employer, they need time to adjust.
We also have an additional approximately $400 million for provinces and territories to help with the immediate readjustment work around navigating the workforce and figuring out how to update résumés, sort out some of the job searching and determine if there is skills training that can be tapped into immediately. We're working really collaboratively with provinces to make sure workers are supported no matter their situation.