Questionable CSB rate costs Canada a billion
The 19.5 percent CSB rate set last September may cost Canada about 5 billion in interest on 26 billion in bonds this year. If the rate had been 15.5 percent, interest could have been 4 billion, saving 1 billion, but new bond sales would likely fall short.
MENTIONED IN THIS ARTICLE
Ottawa
Canada
Canada Savings
CSB
Government of Canada
Septeber
Csbs
Donald Regan
Treasury
U.S
Regan
Quirks of the consumer price index analyzed
The piece argues CPI flaws are overstated by critics who push rental or underlying variants. It notes BLS adopted CPI X-1 temporarily, but real effects depend on housing rents and food prices, arguing no index can perfectly mirror inflation and critics seek persistent undercounting.
MENTIONED IN THIS ARTICLE
Financial Times
Ottawa
Canada
Anti-Inflation Board
CPI
Ottawa trade surplus edges up on drop in imports
Canada posted a October merchandise trade surplus of 710 million, up from September as imports fell 10 percent to 6.236 billion while exports slipped 0.3 percent to 6.946 billion. Farm machinery exports rose over 40 percent year over year, offering a potential turnaround signal for Massey Ferguson.
MENTIONED IN THIS ARTICLE
Ottawa
Ed Lumley
Statistics Canada
Massey Ferguson Ltd
Massey
Brantford
Toronto
United States
Lumley
Glass House opens in Edmonton selling functional glassware
Thor and Petra Ewalds describe starting a small business as a large commitment. They opened The Glass House offering only functional glassware while both work part time to fund the venture.
MENTIONED IN THIS ARTICLE
Edmonton
Thor
Petra Ewalds
the Ewalds
Glass House
Ewalds
Recession Seen Inevitable Says Canadian Chamber Chief
The Canadian Chamber of Commerce president Stanley Roberts said third quarter 1981 inventory surge coupled with declining GDP guarantees a recession in Canada with no growth in the last quarter of the year. He criticized proposed federal competition laws as risk to productivity and warned against a domestic investment review agency.
MENTIONED IN THIS ARTICLE
Canada
Canadian Chamber of Commerce
Stanley Roberts
Toronto
Roberts
Statistics Canada
DIRA
Rare 1881 Morgan Silver Dollars Offered At Investor Price
A 1981 notice announces a mint bag find of 1881 San Francisco Morgan Silver Dollars in Brilliant Uncirculated MS-60 or better. Limited to five coins per customer at 120 each plus 2.75 for handling, purchases by midnight via operator 601, with a 30 day return policy.
MENTIONED IN THIS ARTICLE
Toronto
ACM
San Francisco
U.S. Morgan
Upper Canada
Morgan
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