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Newspaper
Hamiota Echo
Location
Hamiota, Manitoba, Canada
Date
Aug 24, 1983
Page
2
After months of calm, Canadian rates jumped, triggering a stock selloff and gold drop. Bank economists warn further increases could slow or stall the recovery, while the dollar's value and inflation risk push policy action. Banks raise long-term mortgage costs as investors seek fixed rates amid higher expectations.
An editorial cites cooler heads needed in the Manitoba Legislative Assembly and jokes about government overhaul. It notes the Winnipeg Bombers loss to Montreal Concords as Montreal failed to score in a late drive. It quotes Lloyd Axworthy on reduced hours and wages for full employment. A Winnipeg reader rejects chairperson phrasing, signing as Co- Chair.
Paul Hellyer argues that proposed changes to the Criminal Code would immunize cabinet confidences from police review and bar investigators from most government papers. He warns the Clerk of the Privy Council would decide access, risking cover ups and undermining democracy.
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