Alberta opposition attacks Heritage Fund returns
Alberta opposition leaders criticized the 1980-81 Heritage Savings Trust Fund report as a mismanaged pool with weak returns. Grant Notley said Canada Savings Bonds yield 19 percent while the fund nears 23 percent prime rate, calling 11.6 percent unacceptable. He urged better Albertan investment and greater use of Alberta Opportunity Company and ADC funding.
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Edmonton
Alberta
Heritage Savings Trust Fund
Canada
NPD
Grant Notley
Lou Hyndman
Social Credit
Treasury
Irvine council acts on substandard buildings and permits
Irvine officials voiced concern over substandard construction and stressed that permits are required for projects over 500 dollars. Mayor Walter Regehr said a provincial building inspector will attend the August 17 meeting to reinforce land use and development bylaws and clear misunderstandings.
MENTIONED IN THIS ARTICLE
Irvine
Walter Regehr
Regehr
Brooks Opens 170000-bushel Grain Elevator
Alberta Wheat Pool President A J Mac Pherson opened a new 170,000 bushel grain elevator in Brooks this week. District pool representative Laurence Nicholson said construction cost about 800000 dollars, with land and track costs pushing total over a million. The facility has 56 fully hoppered bins and 5500 bushel receiving and shipping legs.
MENTIONED IN THIS ARTICLE
Brooks
Alberta Wheat Pool
A.J. MacPherson
District Pool
Laurence Nicholson
Nicholson
Senate panel urges cattle marketing board option
The Senate agriculture committee released a 171 page report proposing four options to stabilize beef markets. A national marketing board to fix prices and quotas could mirror the wheat board while other ideas include income stabilization with market sharing, import quotas, and a producer run supply management plan. Projections show many cattlemen earn little, prompting renewed calls for reform despite resistance from producers.
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Calgary
Canadian Wheat Board
Senate Agriculture Committee
Harry Hays
Hays
Canada
Max Roytenberg
Egg Marketing Board
Roytenberg
Marketing Board
Hayes
Stan Wilson
Alberta Cattle Commission
Stores buck beef price trend across Canada
Bruce MacKenzie reports that Western Safeway stores resist eastern price cuts while Ontario Safeway shops drop beef up to 30 cents per pound. Waters cites wholesale price declines and regional competition, noting Alberta and Western Canada see self driven cuts, with round steak at 3.29 and rib roasts at 3.19 per pound, while Ontario prices fall further.
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Jim Waters
Canada Safeway
Calgary
Ontario
Ontario Safeway
Waters
Safeway
East
Alberta Safeway
West
IGA
Medicine Hat
Horne and
Pitfield
Alberta
Toronto
Classic film lineup and sports slate for TV weekend
Cable listings show movies including Life Begins For Andy Hardy and The Devil and Miss Sarah with air times from 1 p.m. to 2 a.m. Also sports coverage featuring Calgary Stampede highlights, Summer Season boxing, Bjorn Borg tennis, PGA Championship rounds, and Wide World of Sports telecasts across Saturday and Sunday.
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