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Newspaper
Hamiota Echo
Location
Hamiota, Manitoba, Canada
Date
Feb 11, 1987
Page
2
The Canadian dollar strengthens to 74 cents amid easier mortgage terms and lower loan costs. Analysts warn U.S. deficits and policy shifts could test the loonie, with experts like Salomon Brothers predicting rate hikes while others expect slower growth and continued consumer strain.
A flurry of letters to editors weigh in on new drug legislation. Harvie Andre defends prices and supports generic competition, while critics warn prices will rise and hurt seniors. Doris Campbell, a quadriplegic writer, argues that Canada must update patent laws to speed research.
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