Budget clash on Ottawa’s Trudeau plan amid recession fears
The Trudeau government faces a choice between bluster and revision as the MacEachen budget nears its second month. Business groups call for open hearings, arguing the plan worsens a deepening recession with high interest rates and slow growth. A committee report backs hearings before major tax changes.
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Ottawa
Trudeau
MacEachen
Pearce Bunting
Toronto Stock Exchange
Finance
Allan MacEachen
Statistics Canada
Independent Conference Board of Canada
William Franklin
BusinessWeek Magazine
U.S
Franklin
Federal Reserve System
United States
Fed
Bank of Canada
Canadian Tax Foundation
Donald Johnston
Treasury Board
Alcan reorganizes its management structure
Alcan Aluminium Ltd. reassigns top executives to form an Office of the President with seven field vice presidents led by Culver. Patrick Rich moves to Europe as field VP, while John Hale Eric Trigg and Eric West become senior vice presidents to plan long term strategy and groom successors over the next five years.
MENTIONED IN THIS ARTICLE
Financial Times
Montreal
Alcan Aluminium Ltd
Canada
Alcan
David Culver
Culver
Bryce Royal Commission On
Patrick J.J. Rich
Europe
John Hale
Eric Trigg
Eric West
Hale
Trigg
West
America
Joseph D’cruz
University of Toronto
Faculty of Management Studies
D’cruz
Ottawa businessmen buy four fitness clubs under Racquet Power
Mike Cowpland and Glen St. John, heads of Bytech Management and Mitel Corp., purchase four Ottawa fitness clubs to form Racquet Power. Members gain reciprocal access to all locations for one price, with each facility offering different health and sport options. They aim for 25 percent growth within five years amid a decade long fitness boom.
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Ottawa (Cp
Ottawa
Mike Cowpland
Glen St. John
Bytech Management
St. John
Bytech
Cowpland
Mitel Corp
Racquet Power
Ottawa Athletic Centre
St. John and
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