Imasco completes Genstar takeover in Canada’s history
Imasco Ltd. secured all Genstar Corp. shares, reaching 97 percent under a prolonged bid and completing a 2.6 billion dollar acquisition. The deal, amid parliamentary controversy over Genstar's Canada Trust, marks one of Canada's largest corporate takeovers. Meda McKenzie becomes first woman to swim Lake Erie, crossing 28 miles from Dunkirk New York to Port Colborne, in about 22 hours.
MENTIONED IN THIS ARTICLE
Montreal
Imasco Ltd
Genstar Corp
Vancouver
Canada
Genstar
Imasco
Canada Business Corporation
Canada Trust
Port Colborne
Ont
Meda McKenzie
New Zealand
Lake Erie
McKenzie
Dunkirk
N.Y
British stand on sanctions splits nations
The Commonwealth meeting on South Africa divided nations as Canada and five others pressed for a full sanctions package while Britain offered a limited plan. Prime Minister Thatcher held to a two-measure compromise, and Mulroney regretted unable to secure Canada's broader agenda.
MENTIONED IN THIS ARTICLE
Jim Sheppard
London
Commonwealth
South Africa
Canada
Britain
Margaret Thatcher
Brian Mulroney
Thatcher
India
Australia
Zambia
Zimbabwe
Bahamas
Mulroney
Ottawa
High Commission
Pretoria
South Africans
Horses killed in Grande Prairie chuckwagon crash
Two horses died after a chuckwagon collision in the Grande Prairie County Fair race. Dwayne Sheehan escaped injury while Ron Bolin swerved into his wagon. veterinarians euthanized the injured horses. The crash heightens safety debate with SPCA objections to rodeos. Kelly Sutherland won the race amid increased scrutiny of the sport.
MENTIONED IN THIS ARTICLE
Grande Prairie
Alta
Grande Prairie County Fair
Ron Bolin
Beaverlodge
Dwayne Sheehan
Grimshaw
Sheehan
Kelly Sutherland
Sutherland
Calgary
Grain aid urged as US subsidized wheat sales loom
Manitoba farmer Earl Geddes warns the Canadian grain industry may collapse without a subsidized target price in response to Ronald Reagan's order for four million tonnes of US wheat to the Soviet Union by September 1986. Canadian farmers argue export limits and lower prices follow, while US prices remain insulated. Warren Murray of the Farm Survival Association foresees more bankruptcies.
MENTIONED IN THIS ARTICLE
Winnipeg
Soviet Union
Manitoba
Earl Geddes
Keystone Agricultural Producers
U.S
Geddes
Warren Murray
Farm Survival Association
Shultz terms Reagan grain aid to Soviets ridiculous
Secretary of State George Shultz criticized Reagan’s subsidized grain sales to the Soviet Union as betraying American principles. He told USA Today the move undermines freedom and drew opposition from Canada and Australia, calling the plan ridiculous and illogical.
MENTIONED IN THIS ARTICLE
Washington
Reuter
U.S
George Shultz
Ronald Reagan
Soviet Union
Shultz
USA Today
Reagan
Canada
Australia
OPEC Unanimously Approves Iran Production Cut Plan
OPEC members reach a unanimous accord backing Iran’s drastic temporary production cut to lift sagging prices. Oil shares surge on the Toronto Stock Exchange as prices rally. analysts say sustained price stability is needed before Alberta oil projects proceed.
MENTIONED IN THIS ARTICLE
Geneva
OPEC
Iran
Alberta
Calgary
Gerry Angevine
Angevine
Toronto Stock Exchange
Lukman
U.S
New York Mercantile Exchange
West Texas
Also Mentioned on This Page
Allan Fotheringham
Ann Landers
City News
Don McGillivray
Doonesbury
John Ferguson
Rambo
Rooster
Warren Kelliher
North Battleford
Manyberries
Kelliher
Mike Fiala
Canadian Wheat Board
Pact
Bilwanu Lukman
Nigeria
Organization of Petroleum Exporting Countries
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