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Newspaper
Hamiota Echo
Location
Hamiota, Manitoba, Canada
Date
Feb 26, 1986
Page
2
A sharp drop in the Canadian dollar to 69 U.S. cents triggers a Bank of Canada rescue and a surge in mortgage rates as the country contends with debt, tax increases, and inflation. The turmoil follows bank failures and riots, reshaping pay and purchasing power amid global lending dynamics.
A culture summary evaluates Canadian arts and identity warning against U S cultural dominance and potential wartime style selling of culture in free trade talks. It cites figures such as Gould Fafard Connors Jutras Purdy Lismer Pinsent MacEwan Kurelek Colville Laurence Augustyn and others.
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