Bank ad sparks debate as Scotia and rivals face tough times
The Bank of Nova Scotia launches a large ad push claiming Canada will endure, drawing sharp criticism from economists who call the campaign garbage. The piece notes consumer demand stagnation, declines in retail and investment, and forecasts of a two-year slowdown amid easing rates and U.S. policy. It also highlights shifts in family dynamics affecting marketing, citing Ogilvy & Mather’s studies on modern households.
MENTIONED IN THIS ARTICLE
Bank of
Nova Scotia
Canada
Scotiabank
Bay
Simpsons-Sears
Bank of Montreal
U.S
Woods Gordon
Ogilvy & Mather
Bright greens and pinks forecast as 1983 fashion colors
Reggie's Ramblings notes predicted bright shades of green and rose for 1983 while political and economic experts warn fashions may lean to dull gray. The column questions optimistic forecasts amid a global slump and cites shifting business labor attitudes.
Quebec Liberal convention signals shift in leadership dynamics
Paul Hellyer notes Quebec Liberals push a middle road economics favoring wealth creation over redistribution. Delegates nearly approve universal suffrage for leadership selection and set a fall 1983 leadership convention, with Bourassa as front-runner, amid tensions with federal dynamics and provincial autonomy.
MENTIONED IN THIS ARTICLE
Quebec Liberal Party
Claude Ryan
Quebec
Ontario
Maurice Sauve
Ottawa
Commons
Jeanne Sauve
Parti Quebecois
Union Nationale
This Week in Canada Historical Highlights
The timeline notes key events including Sir Wilfrid Laurier's Liberal government resignation on October 6 1911 after an election defeat and a 1948 Newfoundland delegation traveling to Ottawa to discuss Confederation terms.
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Canada
Wilfrid Laurier
Newfoundland
Ottawa
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Hamiota Echo Publications Ltd
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U.S.A
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F.D. (Don) Venables
BY Garth Turner
Mag
Gheistmas
Reggie
Middle East
Maxwell Henderson
Edmonton
Peter Polkington
Joe Clark
Conservative Party
Peter
Paul Hellyer
General Council
Robert Bourassa
Vancouver
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F.L.Q
Sioner James Cross