$6 Billion among federal employess

Federal employees who have obtained job stability will be receiving $150,000 cheques due to federal budget cuts.

According to CBC News the Harper government will be giving up to $6 billion in severance to federal employees.

Thousands of Canadian soldiers who are not entitled to severance will also be receiving cheques.

Toronto financial consultant Barry Ferguson regards the increase in severance as an opportunity for people to pay their credit card debts and mortgages.