Alberta raises oil price as market reacts with restraint
Alberta will raise oil price to 16.75 per barrel starting today, lifting domestic production revenues by 405 million dollars annually and prompting muted responses from oil producers and federal officials. Saskatchewan follows Alberta's lead with a 2 dollar rise, while Ottawa and Ontario preview broader impacts on gasoline costs. Ottawa's energy minister says the dispute over revenues remains unresolved.
MENTIONED IN THIS ARTICLE
Garry Fairbairn
Edmonton
Canada
Alberta
Marc
Lalonde
Ottawa-Alberta
Ontario
William Davis
Davis
Ottawa
Merv Leitch
Leitch
Canadian Manufacturers Association
Alberta jail guards sign tentative contract after walkout
Alberta's 1000 jail guards signed a tentative agreement with the government after a 20 day strike that involved 3500 workers. The dispute followed a July walkout ending July 28 with six guards fined for contempt of court.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta
John Booth
Alberta Union of Provincial Employees
Alberta Liquor Control Board
British Columbia
Carling O'Keefe to lock out Calgary workers
Carling O'Keefe Breweries Ltd reports a new lockout of Calgary employees set for Aug 6 at 12 01 a m after Alberta board ruled a prior lockout illegal The company had locked out 148 workers Tuesday amid union strikes and cross city brewing industry labor actions involving Labatt Molson Sick's Edmonton Lethbridge.
MENTIONED IN THIS ARTICLE
Calgary
Carling O'Keefe Breweries Ltd
Alberta Board of Industrial Relations
Breweries’ Employers’ Industrial Relations’ Association
Carling O'Keefe
Western Union of Brewery, Beverage, Winery and Distillery
Labatt’s
Molson Breweries
Edmonton
Carling O’keefe
Sick’s
Lethbridge
Canada posts trade surplus as June exports rise
Statistics Canada reports June exports of manufactured and other goods at 5.97 billion dollars, 3.6 percent higher, while imports fall 2 percent to 5.08 billion. The June surplus totals 892 million and 1979 first-half exports exceed 1978 by more than double.
MENTIONED IN THIS ARTICLE
Ottawa
Canada
Statistics Canada
Canada must cope with oil price rise economist says
Orillia Ontario CP economist Sylvia Ostry says Canada has not yet faced oil price consequences while other OECD nations cut inflation by energy efficiency. She warns Canada’s price level will worsen unless domestic oil prices rise gradually to align with world levels and curb sticky inflation.
MENTIONED IN THIS ARTICLE
Orillia
Ont
Canada
Sylvia Ostry
White House downplays Billy Carter Libya cables
The White House released state department cables about Billy Carter's 1978 Libya trip and dismissed claims that President Carter shared sensitive information. A cable reportedly contained only a Libya news account on beer, Billy’s preferred drink. Billy Carter denied receiving any cables.
MENTIONED IN THIS ARTICLE
Washington
White House
U.S. State Department
Billy Carter
Libya
Carter
Jody Powell
Justice Department
Cables in Billy Carter Tripoli Affair Prompt Senate Hearings
Senate plans hearings to finish evidence on the Billy Carter Libya matter by late August. Senator Birch Bayh says the president could testify after the Democratic convention, with Thurmond backing a wait. Powell notes the seven cables, all released under FOIA, concern Billy Carter’s September 1978 trip and were not kept secret.
MENTIONED IN THIS ARTICLE
Powell
Billy Carter
Senate
Birch Bayh
Dem. Ind
Carter
Bayh
Strom Thurmond
Rep. S.C
Congress
Jack Anderson
U.S
Tripoli
Bank of Canada Rate Rises to 10.31 Percent
The Bank of Canada increased its rate to 10.31 percent from 10.18 percent, the first rise after a peak near 16.2 percent earlier. Royal Bank lowers bonus savings and calculator daily interest rates, while economists predict further declines by year end. Bob Rae criticizes the move as unnecessary for mortgage and lending costs. The Canadian dollar closes at 86.25 cents US.
MENTIONED IN THIS ARTICLE
Ottawa
Bank of Canada
Royal Bank of Canada
George Saba
Greenshields Investment Company
Montreal
U.S
Saba
Bob Rae
New Democratic Party
Tam
U/S
Four Missing After Fog Collision At Sea Near Lunenburg
Coast Guard and fishing boats hunted for four crew members from the scallop dragger Margaret Jane after it sank following a foggy collision with the trawler Cape Beaver near Lunenburg Nova Scotia. Fourteen men were rescued. missing are Leonard Snook Aloisius Hinks Manuel Joseph Jesse and Kelly Crouse. Weather hindered efforts though improved conditions aided air sea rescue operations. National Sea Products Ltd. officials aboard Cape Beaver doubted survivors due to lack of life jackets and freezing water.
MENTIONED IN THIS ARTICLE
Lunenburg
Coast Guard
Leonard Snook
English Harbour
Nfld
Aloisius Hinks
Chester Basin
N.S
Manuel Joseph Jesse
Stephenville
Kelly Crouse
Brockville
Ont
Dennis Williams
National Sea Products Ltd
National Sea
Williams
Also Mentioned on This Page
Saskatchewan
Brent Barton
Jeff Laidlaw
Hill Pool
Frank Webber
Sion
William Eagleton
Americus
Joel Lisker
Halifax
Margaret Jane
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