Canada sees savings drop as inflation nears 70s highs
A Canadian business analysis notes average people face smaller bank balances through 1987 and into 1988 due to higher taxes and inflation. It cites a drop in savings from 14% to about 11% and forecasts 9% by next year, with investors shifting to hard assets like gold, silver, oil, and real estate amid shifting markets.
MENTIONED IN THIS ARTICLE
Nesbitt Thomson
Salomon Brothers
Salomon
Saloman
U.S
Toronto
New York
Tokyo
Western Assembly votes to form new political party
The Western Assembly at Vancouver's Hyatt Regency chose to back a new political party over a pressure group. Delegates cited fear of fixed stances on divisive issues and the appeal of broad regional economic aims. Discussions noted sparse media coverage and mixed editorial reactions from major papers. The proposed platform includes a Triple-E Senate and a Common Market for the four western provinces.
MENTIONED IN THIS ARTICLE
Western Assembly
Vancouver
Hyatt Regency Hotel
Canada West
Confederation
Abor
The
Globe and Mail
Reform Association of Canada
LeDevoir
Prairie
CBC
Globe
Reform Association
Ottawa
Also Mentioned on This Page
Hamiota Echo Publications Ltd
P.O. Box 70
Hamiota, Manitoba
Romoto
Manitoba
Mimuenanene
U.S.A
England
Nowooraareas Association F. D
Don) Venables Publisher Association
Canada
Mariposa
Lake Superior
Land of Hope
Stephen Leacock
J.J. Greene
Denver
Colorado
By Fred McGuinness