Brazil debt crisis looms over Canadian banks
Canadian banks face $5.4 billion loans to Brazil with Bank of Montreal at $1.6 billion. Analysts warn default possible as Brazil's $90 billion debt and IMF conditions strain fiscal policy. Devalued cruzeiro worsens repayment odds. Citibank exposure risks global banking shock.
MENTIONED IN THIS ARTICLE
Brazil
Canada
Bank of Montreal
Amigo
Pitfield Mackay Ross
John Ing
International Monetary Fund
Carlos Langoni
IMF
Ing
New York
Citibank
U.S
Burns Fry
Hugh Brown
Brown
Reggie's Ramblings on Winnipeg Pro Sports and Politics
Promoters in Winnipeg struggle with empty seats as Jets and Blue Bombers fail to draw crowds and rumors swirl of a move to Saskatoon. A huge stadium turnout for a rock concert dubbed Garbage contrasts with local sports stagnation. Mike Taczysaki attacks Manitoba Conservatives and Mr Doern, while press reports quote Trudeau praising Brian Mulroney as a magnificent leader to look at.
MENTIONED IN THIS ARTICLE
Winnipeg
NHL Jets
Saskatoon
CFL Blue Bombers
Mike Taczysaki
Manitoba
Doern
Mike
St. Regis
P.M. Trudeau
Brian Mulroney
Farmland Loss in Canada Sparks Urgent Call for Action
Paul Hellyer argues that Canada’s farmland erosion from 1961 to 1976 poses long term threats to food self-sufficiency. He notes major losses in Quebec and the Maritimes, with urban expansion swallowing the Golden Horseshoe and Fraser Delta, while imports rise and local farming declines demand intergovernmental cooperation and long term planning.
MENTIONED IN THIS ARTICLE
Canada
Brian Mulroney
Clark
Tory Old Guard
Quebec
Maritimes
Ontario
Manitoba
Western Canada
Prince Edward Island
Golden Horseshoe
Oshawa
Niagara Falls
Niagara Peninsula
Fraser River
Vancouver
Toronto
Montreal
Mitch Hepburn
Niagara Escarpment
Coventry
Canada Mortgage and Housing Corporation
Also Mentioned on This Page
Hamiota
Echo
Manitoba Community Newspapers Association
Hamiota Echo Publications Ltd
P.O. Box 70
Hamiota, Manitoba
Romoto
Mai
U.S.A
England
F.D. (Don) Venables
BY Garth Turner
Reggie
Paul Hellyer
Timmins
Bancroft
Barrie
Inner Harbor
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