With regard to (i), the workforce adjustment process is still under way, and all affected employees will be subject to workforce adjustment processes based on their negotiated collective agreements and Government of Canada policies.

13. Considers that among the impacts of the economic crisis the rise of poverty in the European Union is the greatest concern; considers it essential to halt the current rise in unemployment in the European Union; points out that the most efficient way of reducing and preventing poverty is through a strategy based on the goals of full employment, high-quality jobs, social inclusion, measures to encourage entrepreneurship, and activities to boost the role of SMEs and investments; recalls that a strategy to address exclusion from the labour market should be based on adequate living standards and income support, inclusive labour markets as well as access to high-quality services and education; considers, therefore, that employment must be ...[+++]supported by actions for entrepreneurs, SMEs and investments, as well as initiatives to help people in re-entering the labour market; considers that a special priority in this respect should be retraining the unemployed and providing education aimed at creating a skilled and specialised workforce; considers that the principle of solidarity is fundamental to the European construction process, that Community financing should be made available to Member States in respect of schemes aimed at preventing the excessive loss of jobs, retraining workers and endowing non-skilled people with skills; considers that labour regulation needs to be developed in order to achieve a higher degree of flexibility and security within the labour market as well as in getting a new job; considers that Community financial instruments, such as the European Globalisation Adjustment Fund, must be revamped so that they can be deployed efficiently and in a timely manner, in relation to large sectors of the economy that are shedding jobs; welcomes the Commission's proposal to simplify the criteria for the European Social Fund and refocus activities towards the most vulnerable;

13. Considers that among the impacts of the economic crisis the rise of poverty in the European Union is the greatest concern; considers it essential to halt the current rise in unemployment in the European Union; points out that the most efficient way of reducing and preventing poverty is through a strategy based on the goals of full employment, high-quality jobs, social inclusion, measures to encourage entrepreneurship, and activities to boost the role of SMEs and investments; recalls that a strategy to address exclusion from the labour market should be based on adequate living standards and income support, inclusive labour markets as well as access to high-quality services and education; considers, therefore, that employment must be ...[+++]supported by actions for entrepreneurs, SMEs and investments, as well as initiatives to help people in re-entering the labour market; considers that a special priority in this respect should be retraining the unemployed and providing education aimed at creating a skilled and specialised workforce; considers that the principle of solidarity is fundamental to the European construction process, that Community financing should be made available to Member States in respect of schemes aimed at preventing the excessive loss of jobs, retraining workers and endowing non-skilled people with skills; considers that labour regulation needs to be developed in order to achieve a higher degree of flexibility and security within the labour market as well as in getting a new job; considers that Community financial instruments, such as the European Globalisation Adjustment Fund, must be revamped so that they can be deployed efficiently and in a timely manner, in relation to large sectors of the economy that are shedding jobs; welcomes the Commission's proposal to simplify the criteria for the European Social Fund and refocus activities towards the most vulnerable;

13. Considers that, among the impacts of the economic crisis, the rise of poverty in the EU is the greatest concern; considers it essential to halt the current rise in unemployment in the EU; points out that the most efficient way of reducing and preventing poverty is through a strategy based on the goals of full employment, high quality jobs, social inclusion, measures to encourage entrepreneurship, and activities to boost the role of SMEs and investments; recalls that a strategy to address exclusion from the labour market should be based on adequate living standards and income support, inclusive labour markets as well as access to high quality services and education; considers, therefore, that employment must be supported by actions f ...[+++]or entrepreneurs, SMEs and investments, as well as initiatives to help people in re-entering the labour market; considers that a special priority in this respect should be the retraining of the unemployed and education aimed at a skilled and specialised workforce; considers that the principle of solidarity is fundamental to the European construction process, that Community financing should be made available to Member States in respect of schemes aimed at preventing the excessive shedding of jobs, retraining workers and endowing non-skilled people with skills; considers that labour regulation needs to be developed in order to achieve a higher degree of flexibility and security within the labour market as well as in getting a new job; considers that Community financial instruments, such as the European Globalisation Adjustment Fund, must be revamped so that they can be deployed efficiently and in a timely manner, in relation to large sectors of the economy that are shedding jobs; welcomes the Commission’s proposal to simplify criteria for the European Social Fund and refocus activities towards the most vulnerable;

The intervention measures, which were aimed at rectifying the company’s structural weaknesses and guaranteeing its long-term viability, related to the establishment of a new management structure, the planning of an organisational chart appropriate to the manufacturing process, the downsizing and redeployment of the workforce, the negotiation of a new collective agreement, the reorganisation of the plants’ activities with the objective of optimisation, significant technical and IT modernisation, investment in a commercial department in ...[+++] terms of staff and marketing campaigns, the establishment of new distribution channels, the rebalancing between own funds and registered capital, adjustment of the debt ratio and the acquisition of a minimum level of liquidity.