Canwest employees fear for severance

[daleo]

Canwest Global Communications Corp. employee Patrick Vanderburg is working for a company that he believes will owe him $95,000 in severance and vacation pay when he's laid off later this year.

But he fears he won't see a cent of it because parts of the media conglomerate — including his division — filed for creditor protection earlier this week, essentially locking up all future severance payments to its employees, including Vanderburg who loses his job in December.

"My wife works part-time and I've got four kids, so you know, Merry Christmas," the 45-year-old program co-ordinator of CHBC-TV station in Kelowna, B.C., said in a phone interview Wednesday.

"Essentially in my situation I'm feeling that I will get nothing after working more than half my life at this one station."

http://www.cbc.ca/money/story/2009/10/08/canwest-employees.html#socialcomments
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A conservative is just a liberal who hasn't had his pension and severance stolen yet.