Mortgage Penalty Dilemma Traps Ontario Couple
Tim Moore and his wife faced a $4000 penalty to renegotiate a 19 percent Guaranty Trust mortgage on their Scarborough home after job loss. They could not pay, risking sale and credit ruin, while the lender argued the fee reflects interest lost between 19 percent and 12 percent rates. The case surfaced renewed offers and questions about fairness and feasibility for laid-off borrowers.
MENTIONED IN THIS ARTICLE
Tim Moore
Scarboro
Ontario
Guaranty Trust
Moore
Guaranty
Out-of-court settlements spark debate on public funds
The Press notes Canada Post and Manitoba government settlements totaling 500 and 5000 dollars, respectively, raise questions about using public money for off balance sheet deals. A Kingston lecturer brands this era Noahs Ark syndrome while Winnipeg police cite Charter of Rights as aiding bad actors rather than good citizens.
MENTIONED IN THIS ARTICLE
Canada Post Corporation
British Columbia
Manitoba
Winnipeg
Women's Perspectives 83 conference in Toronto stresses economic rights
At the Royal York Hotel on May 14, the all day Women’s Perspectives ’83 conference addressed equal pay for work of equal value universal daycare and mandatory affirmative action. Monica Townson urged faster pay parity while noting limits of legislation. Ontario Liberal Leader David Peterson closed to a warm reception as the event highlighted ongoing gender equality challenges and immigrant women’s differing survival needs.
MENTIONED IN THIS ARTICLE
Royal York Hotel
Toronto
Monica Townson
Townson
Maria Minna
National Congress of
Ontario
David Peterson
Also Mentioned on This Page
Damiota
Hamiota Echo Publications Ltd
P.O. Box 70
Hamiota, Manitoba
Romoto
Manitoba Community Newspapers Association
Mai
U.S.A
England
F.D. (Don) Venables
BY Garth Turner
Toronto Sun
Gan
Reggie
Kingston, Ontario
Paul Hellyer
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