Alberta wary as Ottawa eyes two price tiers for oil
Ottawa rumors persist of a warmed over two tier pricing proposal for oil with higher prices for new oil and modest hikes for old oil. Alberta officials reject two price plans, warning they would depress exploration and keep old oil underpriced.
MENTIONED IN THIS ARTICLE
Edmonton
Ottawa
Alberta
The
Journal Today
Marc Lalonde
Winnipeg
Calgary Herald
Richard Osler
Pemberton Securities Ltd
Calgary
Herald
Leitch
Journal
United States
Federal
National Energy Program
Lalonde
Tom Wood
Wood
Canadian biologist set for return from El Salvador
Canadian fisheries biologist Monique Huguette Gauthier, wrongly denounced as subversive, is to be flown back to Canada. Ambassador R. D. Sirrs says a return date is not set but expected soon as she remains in protective custody for safety amid El Salvador’s war and local tensions over oyster cooperative work.
MENTIONED IN THIS ARTICLE
el Salvador
Ottawa
Monique Huguette Gauthier
Canada
Costa Rica
R. D. Sirrs
San Jose
United States
San Salvador
Quebec
Gaspe
la Libertad
Gauthier
Sirrs
Latin America
Canada sells dollars to cool rising currency
Ottawa reports March efforts to counter a faster dollar rise with currency sales and dollar purchases. Reserves grew by 374.1 million U.S. to 3.72 billion U.S. as the dollar opened at 84.63 U.S. cents.
MENTIONED IN THIS ARTICLE
Ottawa
U.S
Finance Department
International Monetary Fund
Canada Growth Forecast Brightens But Growth Slow to 2.9 Percent
The Conference Board of Canada predicts gross national product will rise 2.9 percent in the year after inflation adjustments. Last year’s gain was 0.1 percent and the board says this is not a robust upswing. It cites U.S. developments high inflation and high interest rates and the Alberta Ottawa energy deadlock as limiting factors. It notes potential stronger U.S. growth or energy dispute resolution could improve outcomes later in the forecast.
MENTIONED IN THIS ARTICLE
British Columbia
Ottawa
Conference Board of Canada
U.S
Alberta-Ottawa
Fire strikes Caesars Palace injures guests in Las Vegas
A fifth floor luxury suite fire at Caesars Palace in Las Vegas prompted evacuations of hundreds of guests. Sixteen people were hospitalized with mostly minor injuries, while three others including a fireman with severe burns remained in hospital. Casino operations continued as guests fled and officials investigated whether anyone was in the suite.
MENTIONED IN THIS ARTICLE
Las Vegas
Nev
Caesars Palace Hotel
Strip Resort
Mgm Grand Hotel-Casino
Caesars Palace
Las Vegas Hilton
Clark County
Donald Warren
Caesars
Walesa Tightens Grip as Solidarity Reshapes Leadership
Solidarity's moderate Lech Walesa maintains control after the resignation of a militant and the dismissal of another. Anna Walentynowicz is ousted from Lenin shipyard, while Karol Modzelewski resigns in protest but stays involved and leads media access talks. Working groups report in a week and talks with the government resume without strike threats.
MENTIONED IN THIS ARTICLE
Warsaw
Reuter
Solidarity
Lech Walesa
Andrzej Celinski
National Commission
Gdansk
Walesa
Union
Karol Modzelewski
Anna Walentynowicz
Lenin
Higher oil prices won’t derail Canada’s inflation outlook
Trans Canada Pipelines president Rod Latimer told TCPL’s annual meeting that higher domestic oil prices would boost the economy by lifting energy production and cutting the balance of payments gap. He argued inflation could be countered by five factors including energy reform, new oil sands projects, and conservation. Latimer also said ample natural gas exists for domestic needs if prices are attractive.
MENTIONED IN THIS ARTICLE
Calgary
Rod Latimer
Trans Canada Pipelines Ltd
West Germany
Japan
Latimer
TCPL
Whelan Defends Federal Feed Aid Amid Provincial Complaints
Agriculture Minister Eugene Whelan condemned provincial griping about the federal drought aid program for cattle, cattlemen and sheep. He noted 60 million dollars allocated with 28 000 of 31 000 applicants to receive aid and pledged changes this summer to fit individual farm needs.
MENTIONED IN THIS ARTICLE
Ottawa
Eugene Whelan
Whelan
the Commons Agriculture Committee
Agriculture Department
Prairies
Hinckley Case Sent to Grand Jury in Reagan Attempt
Federal magistrate sent John Hinckley Jr. case to a grand jury to decide indictment for the attempted assassination of President Reagan. Reagan progresses toward recovery, may be released next week, and plans to meet Mexican President Lopez-Portillo in San Diego April 27-28. Hinckley, held without bond, sits with lawyer Vincent Fuller as security is tightened and insanity defense potential discussed.
MENTIONED IN THIS ARTICLE
Washington
John Hinckley Jr
Reagan
White House
Edwin Meese
Larry Speakes
San Diego
Calif
Jose Lopez-Portillo
Hinckley
Vincent Fuller
Lawrence Margolis
U.S
Charles Ruff
Fuller
Margolis
U.S. District Court
Quantico
Jodie Foster
Foster
Jwh
John Hinckley
Jody
Edward Bennett Williams
Also Mentioned on This Page
Merv Leitch
Labride
Toronto Stock Exchange
Modzelewski
James Brady
Washington Hilton Hotel
Evergreen Corp
Secret Service
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