Dollar dips below 37 U.S. cents in Montreal trading
The Canadian dollar fell under 87 U.S. cents for the first time since 1933 as New York trading opened, sliding to 86.84 cents by 10:45 a.m. EST amid heavy selling and negative Ottawa economic news, extending a decline from 87.54 cents on Monday.
MENTIONED IN THIS ARTICLE
Montreal
U.S
New York
Ottawa
Newfoundland backs immediate Alberta gas exports
Energy Minister Brian Peckford told the Newfoundland legislature the province supports exporting Alberta natural gas to the United States to lessen Eastern Canada's oil dependence. He proposed taxing the gas heavily and distributing export taxes to eastern provinces to deter a western to eastern gas pipeline, citing Q and M Pipelines Ltd. as the envisaged line.
MENTIONED IN THIS ARTICLE
ST. John's
Nfld
Alberta
United States
Newfoundland
Brian Peckford
Canada
Western Canada
Peckford
Q and M Pipelines Ltd
Calgary
Petro-Canada
Alberta Gas Trunk Lines Ltd
Western premiers seek consensus at conference in Yorkton
Premier Peter Lougheed leads talks as Western provinces pursue a unified stance on Ottawa. Focus includes grain handling reform, wheat price rise, constitutional reform, GATT trade positioning, and regional gas swaps while noting Manitoba’s Schreyer exit and Saskatchewan’s Blakeney flexibility.
MENTIONED IN THIS ARTICLE
Yorkton
Sask
Peter Lougheed
Lougheed
Ottawa
Geneva
Alberta
United States
Manitoba
Ed Schreyer
Sterling Lyon
Lyon
NDP
Schreyer
Saskatchewan
Allan Blakeney
Blakeney
Federal Supreme Court
Canada to extend Lebanon UN mission to Oct. 1
External Affairs Minister Don Jamieson announced Canada will remain in the UN peacekeeping force in Lebanon until October 1 and increase its troop contribution to 80. The force will mainly include signallers from the reserves, with 35 signallers and support personnel in southern Lebanon among about 1,100 regular troops serving near the Egyptian and Syrian borders.
MENTIONED IN THIS ARTICLE
Ottawa
Canada
United Nations
Lebanon
Don Jamieson
Israel
Quebec Abolishes Fashion, Furniture Tax Then Hotel Tax
Quebec Finance Minister Jacques Parizeau announced a temporary removal of the eight percent provincial sales tax on clothing textiles shoes and furniture for 50 weeks. He also said the hotel room tax would be abolished permanently effective midnight next Tuesday, aiming to aid hoteliers in Montreal and Quebec City amid Ottawa’s tax cut debate.
MENTIONED IN THIS ARTICLE
Quebec
Jacques Parizeau
Jean Chretien
Parizeau
The
National Assembly
Montreal
Quebec City
Ontario
Chretien
Ottawa
Saskatchewan
British Columbia
Alberta
Rene Levesque
Canada
Gas leak blamed for blasts prompts St Eustache evacuation
Provincial technicians search for the source of a gasoline leak that has poured thousands of gallons into the sewer system, causing two explosions and the evacuation of about 300 residents from a five block area. Officials note a holding tank near gas stations may be the source.
MENTIONED IN THIS ARTICLE
Eustache
Que
St. Eustache
Guy Belisle
Quebec
Montreal
Marcel Leger
Deux Montagnes
Boys Seek Skateboard Park In Medicine Hat District
Two Crescent Heights youths request a dedicated skateboard park in Medicine Hat. Mayor Milt Reinhardt sent the letter to the community services committee. Parks superintendent Doug Lewis and culture and recreation chief John Bokstein will study the proposal and respond.
MENTIONED IN THIS ARTICLE
Milt Reinhardt
Crescent Heights
Medicine Hat
Reinhardt
Community Services Committee
Doug Lewis
John Bokstein
Culture and Recreation
Council hearing weighed sides on Medicine Hat mall plan
At a public hearing, residents debated the Simpsons-Sears proposed southeast expansion mall in Medicine Hat. City council offered no clear recommendation as annexation and regional planning steps proceed, with final approval by the Regional Planning Commission.
MENTIONED IN THIS ARTICLE
Council
Medicine Hat
Regional Planning Commission
Leo H. Doucet
Simpsons-Sears Ltd
Milt Reinhardt
RPC
Frank O'Connell
Simpsons-Sear
Terry Willox
Abbey Glen Property Corp
Southview Mall
Simpsons-Sears
Also Mentioned on This Page
South Saskatchewan
Frank Webber
Trudeau
Edmonton
Hall Commission
Marvin Moore
Commons External Affairs Committee
Paul Bilodeau
Doucet
Southview
Garry Ruff
Bob Henderson
Lou Belz
Hat Development Ltd
Dave Diver
Diver
Tom Sunderland
Sunderland