Mortgage risk warns against short term loans in Canada
Toronto builder John Sandusky warns that many Canadians chase cheap one year mortgages and gamble on long term home value. He says rates will rise, 1984 could bring 14 to 15 percent, and borrowers should seek long term loans to avoid renewals and higher payments. He cites Bank of Canada rate moves, U S debt, and policy hints as reasons to rethink renewals and prefer longer terms.
MENTIONED IN THIS ARTICLE
Toronto
John Sandusky
MacDonald Commission
Sandusky
Bank of Canada
U.S
U.S. of A
HUDAC
Builders’ Trade Association
Big Mac
This Week in Canada January 2 to 6 milestones
A compact chronicle of historical Canadian events from January 2 to January 6 across years. Highlights include the Privy Council reversing Manitoba separate school rulings in 1895, a 1929 Canada U.S. Niagara Falls convention, Saint John Rifle Brigade war preparations in 1862, Newfoundland leases in 1941, Quebec bread price meetings in 1688, and early Canadian military and political actions through 1915.
MENTIONED IN THIS ARTICLE
Privy Council
Supreme Court
Manitoba
Canada
U.S
Niagara Falls
Saint John
N.B
Quebec
Newfoundland
Spain
Britain
Vancouver Island
Lord Dorchester
Princess Patricia’s Canadian Light Infantry
Princess Pats
Catholic bishops spark debate on economics and capitalism
A bishops panel criticized government policy and warned unemployment harms society while a Conference Board of Canada outlook shows 11 percent joblessness this year. Critics label the bishops neosocialist but debate widens over capitalism versus state intervention and social justice.
MENTIONED IN THIS ARTICLE
Emmett Cardinal Carter
Conference Board of Canada
Speaking of Canada and the Klondike in the mind
A compact quotation note contrasts a traveler’s view of Canada as a land of few villages to reach the North Pole with Rupert Brooke’s thrill at distant lands. An anonymous line adds the idea of a personal Klondike inside every man.
MENTIONED IN THIS ARTICLE
North Pole
Rupert Brooke
Also Mentioned on This Page
Jamiota
Hamiota Echo Publications Ltd
P.O. Box 70
Hamiota, Manitoba
Romoto
Ba Manitoba Newspapers Association
Mai
U.S.A
England
F.D. (Don) Venables
BY Garth Turner
Feds
Judy Erola
Joe
Brian
Toronto Sun
Hennepin
van Buren
Paul Hellyer
Baum
Brian Mulroney
Thatcher
Reagan
William Ryan
Poland
Ussr
Edward Scott
World Council of Churches
New Brunswick
Richard Hatfield
Santa Claus
Hatfield
Ronald Regan
Margaret Thatcher
United States
George R. Grant
Anon