Thursday, April 16, 2009

#9: Newspaper Article

The Toronto star has been writing a lot about the bad economy and businesses going bankrupt. In this article, Canadian bankruptcies surge in February; it actually gives you some hard facts on exactly what is going on. It states that the number of bankruptcies across Canada swelled 22.1 per cent in February compared with a year earlier. That is a huge number and shows just how seriously Canada’s economy is being affected by the recession. This affects us because if the economy doesn’t start to pick up, not only will we as students not have jobs, or enough money to continue going to school, but it will also affect us as graduates. If we were to graduate this year there is a slim chance we would get a job in out desired field. Even though we will have the most resent knowledge and training, and have the reputation of St. Lawrence business students preceding us, there are very few companies hiring right now. The economy is really hurting right now, and i believe that although the government is helping out a little, it need to help us students more. We are the future work force, and if we cannot afford to get an education, or a good company cannot hire us then the economy is not going to get any better. They need to help with the cost of schooling, which would give students more money to put into personal buying which will in turn help the economy. They need to give us a chance to show them what we can do for Canada.

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