Liberals defend the diving dollar
Ottawa Finance Minister Allan MacEachen says Canadians should not be traumatized by the falling dollar as it remains comparatively strong. He notes the dollar has fallen 3.8 percent since January but outperforms major currencies, and signals plans for stress tests after Parliament resumes including possible foreign borrowing.
MENTIONED IN THIS ARTICLE
Ottawa
Allan MacEachen
Cape Breton
Bank of Canada
MacEachen
U.S
Joe Clark
New Democrat
Ed Broadbent
Commons
Unemployment Rate Dips in July In Canada
Statistics Canada reports the jobless rate at 7.2 percent in July, seasonally adjusted, down from 7.3 percent in June and 7.5 percent a year earlier. The unemployed count falls to 835,000 from 855,000 in June, with Finance Minister Allan MacEachen citing economic strength.
MENTIONED IN THIS ARTICLE
Ottawa
Statistics Canada
Allan MacEachen
Vancouver RCMP probe linked to missing youths and teen found
Police in Vancouver area question released offenders as they investigate eight missing youths. They report the badly beaten body of 15 year old Raymond King Jr of New Westminster was found near Weaver Lake. His body lies 1,500 metres from the body of 14 year old Judy Kozma found July 25 after she was stabbed 19 times. King disappeared July 25 after chaining his bicycle behind a New Westminster employment centre.
MENTIONED IN THIS ARTICLE
Vancouver
B.C
Raymond King Jr
New Westminster
King
Weaver Lake
Judy Kozma
Kozma
Canada Employment Centre
RCMP
Daryn Johnsrude
Saskatoon
Mission
Johnsrude
Coquitlam
Larry Proke
Vancouver Rcmp General Investigation
RCMF
Proke
Pepin dismisses hearings on rail cuts plan
Ottawa Transport Minister Jean-Luc Pepin said no major changes will alter the plan to reduce or eliminate rail passenger service on more than 20 lines, with possible minor tweaks. He warned hearings organized by the Conservative party will be ignored and urged those seeking changes to prove profitability to Via Rail while a campaign may explain the cost cuts including 1,600 jobs eliminated.
MENTIONED IN THIS ARTICLE
Ottawa
Jean-Luc Pepin
Pepin
Progressive Conservatives
Via Rail
Federal Crown Corporation
Ninth hunger striker dies in Maze prison
Belfast AP reports Thomas McIlwee, 23, died on the 62nd day of the Maze hunger strike. The Maze prisoner took his life refusing food and medical care, as Irish nationalists sought dialogue with Britain amid tensions among supporters. Relatives rally to back the strikers and address rumors of a split over continuing the fast.
MENTIONED IN THIS ARTICLE
Belfast
Thomas McIlwee
Maze
Britain
Northern Ireland
McIlwee
Thomas Gerard McIlwee
Mcllwee
Toxic chemical storage concerns prompt cautious fire response
Medicine Hat fire and disaster officials face uncertainty about locating all toxic chemicals in city buildings. They warn they can handle incidents involving dangerous substances even if unplanned exposure occurs.
MENTIONED IN THIS ARTICLE
Medicine Hat
U.S. Officials Rebuild Air System Amid Controller Strike
Washington reports 75 percent of flights operated as the Reagan administration strengthens the system with 521 military controllers, plus 200 more soon and 1,200 later. Secretary Drew Lewis vows not to rehire striking controllers, while unions protest. Foreign controllers hold varying protests.
MENTIONED IN THIS ARTICLE
Washington
United States
Drew Lewis
U.S
Lewis
Robert Poll
Professional
Canada
Alberta Heritage Fund posts solid 1980 81 gain amid oil price dip
Alberta's Heritage Trust Fund reported an 11.6 percent return on investment for 1980 81, with net income of 725.2 million and total fund value near 8.5 billion. Earnings rose as royalty transfers totaled 1.4 billion, while Hyndman warned of future revenue declines from oil production cuts and price freezes.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta
Heritage Trust Fund
Lou Hyndman
Hyndman
Ottawa
Also Mentioned on This Page
Nounced
Toronto
Murphy
Bridgman, Mich
Bob Murphy
Andrew Snaddon
Bill Sass Pere
Charles Lyncher
TV Sports Ce
Toronto International
Peter Proulx
France
Italy
Norway
Sweden
Finland
Netherlands
Denmark
Switzerland
Clifford Crook
British Civil Aviation Authority
Kennedy Airport
New York
Trafcon Centre
Garden City
Capital Projects
Heritage Fund
Alberta Investment Division
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