More farms failing in Canada as bankruptcies rise
Ottawa reports 258 farm bankruptcies by end of November, up 28 percent from a year earlier. Ontario accounts for about half with 139 cases, as cattle and hog prices stay low. Agriculture Minister Whelan says Farm Credit Corp borrowing bill awaits cabinet approval while a bank official notes only a small rate reduction would result from zero profits.
MENTIONED IN THIS ARTICLE
Ottawa
Consumer Affairs Department
Ontario
Quebec
Saskatchewan
Alberta
Eugene Whelan
Farm Credit Corp
Whelan
Ed Baskier
Winnipeg
Toronto-Dominion Bank
Baskier
Manitoba Cattle Producers Association
Farmers protest pressure bank and policy in Ontario
Hundreds of Ontario farmers drove into Port Elgin to force the Canadian Imperial Bank of Commerce to return farm equipment seized from a farmer. The action, part of a broader protest against federal budget measures and high interest rates, mirrors earlier highway blockades and a growing national coalition led by the Canadian Federation of Independent Business urging MacEachen to rethink the Nov. 12 budget.
MENTIONED IN THIS ARTICLE
Ontario
Ottawa
Ontario Bank
Port Elgin
Ont
Canadian Imperial Bank of Commerce
Allan MacKachen
Federation
Coalition
Johnston
Alberta legislature ends session early after opposition move
The Alberta legislature, in its longest fall session, is poised to end Tuesday following a surprise opposition tactic to speed business. The opposition passed the Heritage Fund capital estimates Friday, enabling a seven week filibuster on calls for Bill 69 which would transfer 30 percent of next year’s non renewable resource revenue to the fund.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta
Heritage Fund
Ray Speaker
House
Neil Crawford
Tom Sindlinger
Queen to lead patriation ceremonies in Canada return
London and Ottawa report that Queen Elizabeth II and the Duke of Edinburgh will officiate when Canada’s constitution returns this winter. Officials say Westminster may pass the resolution by February with Trudeau planning a national holiday and weekend celebrations across the country.
MENTIONED IN THIS ARTICLE
London
Elizabeth
Duke of Edinburgh
Canada
Southam News
Prince Phillip
Westminster
Trudeau
Justice
Jean Chretien
Quebec
United Kingdom
Chretien
Canadian jobs at risk as U S Navy cuts Orion orders
Lockheed Canada says Canadian suppliers face over 250 million dollars in lost work if the Pentagon cancels 58 P-3C Orion orders. About 2,000 Canadian workers are directly involved, with 14 year industrial benefits totaling 900 million dollars promised.
MENTIONED IN THIS ARTICLE
Southam News
Washington-Ottawa
USS. Navy
Canada
Lockheed Corp
Pentagon
Ottawa
U.S
Lockheed
John Collins
Federal Industry Department
Aerospace Industrial Benefits Division
Collins
Lockheed Canada
Phillip Sullivan
Quebec
Ontario
Manitoba
Nova Scotia
Orion
Aurora
Clark's leadership holds Ottawa Tory leadership battle setback
The national Conservative executive voted to delay a leadership review until January 1983 in Winnipeg. Peter Blaikie called the decision unanimous with a few abstentions, signaling a win for Joe Clark amid internal pressure and favorable polls.
MENTIONED IN THIS ARTICLE
Ottawa
Joe Clark
Peter Blaikie
Clark
Winnipeg
Blaikie
Peru diplomat Perez de Cuellar chosen UN Secretary General
The Security Council backs Javier Perez de Cuellar a Peruvian lawyer with four decades of diplomacy to succeed Kurt Waldheim. He leads in General Assembly endorsement and faces a five year term starting January amid broad international support and cautious backing from the OAU and major powers.
MENTIONED IN THIS ARTICLE
Javier Perez de Cuellar
UN Security Council
Kurt Waldheim
United Nations
Security Council
General Assembly
Perez de Cuellar
Waldheim
Afghanistan
United States
China
Organization of African Unity
Salim
Alberta Rail Upgrade Report Prompts Speed Plan
A government report suggests replacing Alberta's old rail network with high speed passenger trains. The proposal aims to modernize transport and boost efficiency across the province. Premier Peter Lougheed is highlighted for shaping a favorable public image amid coverage.
MENTIONED IN THIS ARTICLE
Cloudy
Alberta
Peter Lougheed
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Pati
Jack Hale
Ontario Federation of Agriculture
Montreal
Hale
West
U.S. Navy
Australia
Toa
Tories
Parliament Hill
Peking
OAU
Oumarou Youssoufou
Muhammad Ali
Trevor Berbick
Nassau
Bahamas
Ali
Page
Allan Fotheringham
Andrew Snaddon
Ann Landers
Ben Tierney
Bill Sass
Business Reyes
Don McGillivray
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