30 Apr 2016
Page 1
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Newspaper
Medicine Hat News
Location
Medicine Hat, Alberta, Canada
Date
Apr 30, 2016
Page
1
The Canadian Press reports Ottawa ran a $7.5B budget surplus through 11 months of the fiscal year, ahead of the 2015-16 deficit forecast. Feb surplus was $3.2B and March would need about a $13B shortfall to meet the Liberals’ $5.4B target, as Morneau cautions year-end results differ.
The loonie touched 80 cent US Friday morning after North American markets opened, then eased to 79.69 cents US. It last traded above 80 cents on June 30, 2015. Analyst Colin Cieszynski says the currency has staged an impressive three month rebound on stronger commodities and a weaker US dollar.
Barrie Strafford, founder of Riverview Care Home and Alberta Order of Excellence recipient, died at 87 at his Calgary home. He helped thousands from Medicine Hat to Calgary and the Caribbean, guiding Riverview then Brenda Strafford Foundation efforts and leaving four children including two in Medicine Hat.
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