Cost of living falls as unemployment rises in Canada
Canada reported December inflation easing to a half point, led by lower food prices, while unemployment rose to 6.6 percent and 538000 Canadians were out of work. Regional gaps showed Quebec hard hit, Ontario steadier, BC lighter. Trudeau touted inflation easing but critics argued austerity drove joblessness.
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Ottawa
Canada
Bureau of Statistics
Quebec
Ontario
British Columbia
Pierre Elliott Trudeau
Trudeau
Arabs seek bigger oil profits amid OPEC talks
Tehran reports officials from major oil firms and producing nations held talks on higher oil prices. OPEC members hinted at potential rationing or cuts if demands are unmet, signaling possible crisis worse than 1967 Suez disruption. A 15-company cartel backs counter demands tying price increases to a five-year restraint.
MENTIONED IN THIS ARTICLE
Tehran
API
Suez Canal
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Jay Walz
N.Y
Organization of Petroleum Exporting Countries
OPEC
Venezuela
Iran
Indonesia
United States
Soviet Union
Commission On Prices and Incomes
John V. Young
Commission
Winnipeg
Robert L. Stanfield
Commons
Stanley Knowles
Democratic Party
Jean Cournoyer
Cournoyer
James R. Cross
Pierre Laporte
Labor and Immigration
Front For the Liberation of Quebec
Leport
Wise Women Shop
Save-Way Supermarket
Bennington
Mammoth Mart
Gratin Potak
Finast
Vermont
Richmond
Finast Imported
Golden
American Beauty Stainless
Pillsbury Fudge