Argentina crisis mirrors Canada as banks close and peso sinks
Canadian Business notes Argentina’s banks closing, lines outside, and a drastic plan to devalue the peso, freeze wages, and curb inflation. It warns of IMF pressure, rising debt, and a volatile economy amid Alfonsin’s presidency as Argentines seek dollars, real estate, or black market currency to weather a crumbling currency and tax increases.
MENTIONED IN THIS ARTICLE
Argentina
Canada
Raul Alfonsin
South America
Brazil
Alfonsin
International Monetary Fund
U.S
This Week in Canada Historical Dates Summary
Key events across Canada by date include 1867 Canada’s birth with a 101gun salute in Ottawa and nationwide celebrations. 1878 Martin Frobisher found Hudson Strait. 1885 the Northwest Rebellion ended with Chief Big Bear's capture. 1608 Quebec colony founded. 1770 first Presbyterian ordination in Halifax. 1873 Montreal Herald letters sparked Macdonald resignation. 1945 Canadian forces entered Berlin.
MENTIONED IN THIS ARTICLE
Canada
Ottawa
Prince Edward Island
Martin Frobisher
Hudson Strait
Big Bear
Quebec
Halifax
Montreal Herald
Macdonald
Berlin
Farm finance woes and the tax breaks that never came
A Ottawa economist guides a farmer’s notebook on farm finance. Tales of bankruptcies, losses, and $800000 interest show the toll on families and communities. Critics blame The System and Ottawa for scarce budget relief while industry voices press for stabilizing measures.
MENTIONED IN THIS ARTICLE
Alexander McLachlan
Mulroney and Co
Canadian and colonial life in verse and travel satire
A compact quotation record cites William Douw Lighthall in 1889 praising Canadian life as canoe poetry and Australian flavour in poetry of the horse. Historian W L Morton in 1970 comments that travel to Nowhere is eased by an oil tide in Prairie Policies.
MENTIONED IN THIS ARTICLE
Bow Island
Carstairs
Ottawa
Ontario
Quebec
Brooks Bulletin
Hanna Herald
William Douw Lighthall
W.L. Morton
Also Mentioned on This Page
Hamiota Echo Publications Ltd
P.O. Box 70
Hamiota, Manitoba
Romoto
Manitoba
U.S.A
England
F. D. (Don) Venables
By Garth Turner
Toronto Sun
By Fred McGuinness
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