October deficit masks large fiscal surpluses for year
The federal government shows a $301 million deficit in October after a $1 billion provincial medical equipment payment. Year to date seven months show a $13.2 billion surplus, up $5 billion from 1999, with revenues up 9.3 percent and program spending higher by $1.4 billion due to the same provincial payment.
MENTIONED IN THIS ARTICLE
Ottaw
FTC Approves AOL Time Warner Merger in Landmark Deal
The FTC unanimously approves the $111 billion AOL Time Warner merger after pledges to protect consumer choice and maintain fair access to high speed Internet services. The decision advances the deal toward completion, with FCC review as the final hurdle. BCE Inc plans to merge Bell Canada and CTV with Sympatico Lycos and The Globe and Mail. The decree bars anti competitive practices and ensures nondiscrimination across Internet providers and content partners.
MENTIONED IN THIS ARTICLE
Washington
U.S. Federal Trade Commission
America Online
Time Warner
U.S
Federal Communication Commission
FTC
Canada
BCE Inc
Bell Canada
CTV Inc
BCE
Sympatico-Lycos
Globe and Mail
U.S. Trade Commission
Fire consumes unoccupied Medicine Hat trailer
Medicine Hat suffered a mobile home fire on Thursday afternoon due to freezing weather. About 35 000 to 40 000 dollars in damage occurred at trailer 246 4000 13th Avenue while workers thawed sewer lines. Firefighters arrived around 1 45 PM to find the structure engulfed but nobody was harmed.
MENTIONED IN THIS ARTICLE
John Sheehan
Chris Prosofsky
Southridge Estates
13Th Avenue
Medicine Hat Fire Department
Jim Stolz
Alberta doctors reject new offer in arbitration row
Health Minister Gary Mar announces a 297 million dollar package up from 263 million and a 30 percent rise in the medical services budget as the AMA seeks 568 million and a 35 percent fee hike. The association vows to respond within seven days as talks move to arbitration before April 1.
MENTIONED IN THIS ARTICLE
Iito Medical Association
Gary Mar
Alberta
Mar
Clayne Steed
AMA
Steed
Hunts Point woman wins 2 million Lotto 6 49 prize
Donna Martin used a single loonie on a Lotto 6 49 ticket and won 2 million dollars the next night. She had stopped buying tickets due to tight finances but decided to play and discovered her win at a service station on Thursday morning. She cried upon seeing the numbers.
MENTIONED IN THIS ARTICLE
Hunts Point
Donna Martin
Martin
Manning recovering after prostate cancer surgery in Calgary
Preston Manning, founder of the Canadian Alliance MP for Calgary Southwest, is resting after a two and a half hour procedure to remove a cancerous prostate tumor. Doctors say initial indications point to a full recovery as pathology tests proceed over the next weeks.
MENTIONED IN THIS ARTICLE
Calgary
Eform Party
Preston Manning
Manning
C. William Hyndman
Canadian Alliance
Calgary Southwest
Calgary energy firms plan multi billion capital push in 2001
161 Iberia Energy and Gulf Canada Resources announce aggressive 2001 capital programs. Iberia plans 1.9 billion with 800 million for Western Canada gas development and 15 percent sales growth. Gulf plans 1.2 billion focused on oil and gas development and production, with Crestar Energy assets affected. PanCanadian and Petro-Canada also outline large spends. Combined five Calgary companies eye 7.8 billion in capital projects worldwide next year.
MENTIONED IN THIS ARTICLE
Medicine Hat Iberia Energy Company
Canada
AEC
Alan Boras
Suffield
Boras
Gulf Canada Resources Ltd
Gulf
Crestar Energy Inc
Alberta
Jenner, Brooks
Saskatchewan
Calgary
PanCanadian Petroleum Ltd
Petro-Canada
Shell Canada Ltd
Athabasca
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