Central bankers keep rates high amid Canada recession
In Ottawa the Bank of Canada and U S Federal Reserve face a deepening downturn. Governor Bouey argues high rates fight inflation, noting Canada’s inflation remains higher than the U S and that reductions are unlikely without U S rate drops. Volcker’s stance mirrors the cautious path.
MENTIONED IN THIS ARTICLE
Ottawa
Gerald Bouey
Bank of Canada
Paul Volcker
U.S. Federal Reserve Board
Bouey
Montreal Chamber of Commerce
Statistics Canada
Economic Council of Canada
Canada
U.S
Paul
Volcker
United States
Budget holds many implications for taxpayer planning
Tax specialists in Ottawa describe the budget as curbing tax planning devices and forcing a shift from long term to short term cash management. Retiring farmers selling farms to fund retirement and leveraged investors facing reduced deductions will feel the impact as taxpayers adjust to fluctuating income balancing mechanisms.
MENTIONED IN THIS ARTICLE
Financial Times
Ottawa
Pany
Mink farmer mockingly extols craft and fashion trade
Maple Furriers founder Martin Silverman talks about American mink quality and European markets at Frankfurt fair, noting American-made coats and craftsmanship. He fears shortage of skilled workers threatens luxury fur business while observing broader tax changes shift burdens on high earners.
MENTIONED IN THIS ARTICLE
Chicago Sun-Times
Chicago
Martin Silverman
Europe
Silverman
IRS
Maple Farriers
Frankfurt
Oak Park Village
Maple Furriers
Stanley Korshak
Midwest
New York City
Entrepreneur Hartley builds Bighart Oil in Saskatchewan oil patch
Regina report profiles Bob Hartley who, with an 8th grade education, built Bighart Oil and Gas Ltd. into a major Saskatchewan player. The company holds 80 percent of its assets in Saskatchewan, chiefly the Dodsland field near Kindersley, and pumps about 2700 barrels daily across Saskatchewan, Alberta, and Texas. Hartley, 55, credits hard work and free enterprise, notes heavy investment since January, and cites personal cost including his marriage.
MENTIONED IN THIS ARTICLE
Regina
Bob Hartley
Calgary
Hartley
Saskatchewan
Bighart Oil and Gas Ltd
Dodsland
Kindersley
Mobil Oil
Hudson's Bay Oil and Gas
Bighart
Texas
Alberta
Also Mentioned on This Page
Don McGillivray
America
MURB
Trident
Trident Aircraft Ltd
Victoria
Manitoba
Albert's
Dunmore Rd
S.E. Ph
J.S.P.B.L
Certified
Medicine Hat
Eaton
Penta
Seiko
Eaton's
Dial
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!