Mortgage relief promises fade in Canadian politics
Garth Turner argues against federal mortgage rate rebates promised after June. He recalls Allan MacEachen and Paul Cosgrove's statements about 3 to 6 percent reductions and notes conflicting plans, funding hurdles, and unanswered questions. He predicts no near term relief and criticizes delayed action.
MENTIONED IN THIS ARTICLE
Paul Cosgrove
Allan MacEachen
Ottawa
MacEachen
Cosgrove
Mac
Marc Lalonde
Feds
Canada
Dome Petroleum
Lalonde
Levesque vows no tolerance for hospital strike action
Quebec Premier Rene Levesque declares his government will not tolerate barbaric strikes in hospitals and transport. He warns unions must seek other methods to push demands as other leaders may echo the stance. A Winnipeg columnist calls to abolish foreign aid and focus on Canada’s own people.
MENTIONED IN THIS ARTICLE
Quebec
Rene Levesque
Winnipeg
Canada
Banks and Bailouts In Dome Petroleum Debacle
Paul Hellyer denounces banks as institutions citing the Dome Petroleum rescue. He argues debenture to common share conversions amount to theft and warns of broader risks to small businesses and workers tied to bank actions and collateral demands.
MENTIONED IN THIS ARTICLE
Dome Petroleum
Dome’s
Argentina
Mexico
Poland
Bank of Nova Scotia
This Week in Canada October 18 1748 1864 1941
Events include Louisburg restored to France in exchange for Madras by the Treaty of Aix la Chapelle in 1748 and government control of wages and prices in 1941. On October 19 raiders from Canada attacked St Alban’s Vermont in 1864 and the UN Charter was ratified in 1945. On October 20 Britain and the United States agreed on the Alaska Boundary in 1903 and Bonar Law became British prime minister in 1922. On October 21 Acadians were deported from Nova Scotia in 1755 and Sir John A Macdonald became MP for Victoria BC in 1878.
MENTIONED IN THIS ARTICLE
Louisburg
France
Madras
India
Aix-la-Chapelle
St. Alban’s
Vermont
Border
House of Commons
United Nations
Britain
U.S
Alaska
New Brunswick
Bonar Law
Nova Scotia
Sir John A. Macdonald
Victoria B.C
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P.O. Box 70
Hamiota, Manitoba
Romoto
Cha
Manitoba
U.S.A
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F.D. (Don) Venables
CNA
Everes
BY Garth Turner
Reggie
St. Regis Hotel
Paul Hellyer
Henny Penny