I was thinking about who would need my services the most in this economic time. I realized that if you worked for a company that may be laying people off and you didn't have any kind of buffer in your bank account. This would be a time of stress for you. Not only does employment insurance pay poorly, but it runs out in 9 mos.
If you are unable to secure employment by that time, you may be in a bit of a situation. What I am advising people to do is, if you are currently working but may be laid off , is look at doing a refinance on your mortgage take out some money and put it in a bank account and don't touch it until you really need it. You can get the best rates when you have a job but if you are unemployed then getting a mortgage or an equity loan out of your house will be expensive and short term. Also you can change the amortization to a longer time and with the low rates we know have your monthly payments may be just a bit bigger than you are paying now. If, however, you don't end up needing the money you can also just put the money back on the mortgage when you are in a more stable situation. I do stress that it is best to do this before your employment changes.
Just some food for thought