Oil glut may hamper Canada’s 1980s growth outlook
Toronto reports a softer energy forecast as world oil demand falls and supplies rise. NEB cuts oil consumption projections to 1.6 million barrels daily by 1985, boosting doubts about Canada’s 1980s growth despite hopes for a robust oil boom. Ottawa and Alberta face pressure to relax taxes and royalties to sustain projects like Hibernia and Beaufort.
MENTIONED IN THIS ARTICLE
Financial Times
Toronto
Canada
Alberta
Ottawa
the Times
National Energy Board
NEB
Organization For Economic Co-operation and Development
OECD
Petroleum Industry Research Foundation
Gary Ross
Ross
Harry Brown
Hudson Institute
U.S
The
Times
Organization of Petroleum Exporting Countries
Brown
Saudi Arabia
Ontario
Hans Maciej
Canadian Petroleum Association
Maciej
Hibernia
Beaufort
Richard Hallisey
First Marathon Securities Ltd
Allands
Cold Lake
Hallisey
Inflation battle not worth price, provinces say
The Canadian provinces tell Ottawa the fight against inflation costs jobs and slows the economy. Allan MacEachen rejects the critique as inconsistent and urges provinces to restrain wage hikes for government employees while focusing on deficit reduction. He notes Ontario Treasurer Frank Miller criticizes the November budget as a patchwork policy.
MENTIONED IN THIS ARTICLE
Ottawa
Allan MacEachen
MacEachen
Ontario
Frank Miller
Market roundup from Pemberton Securities data
The TSE composite index stood at 1937.0 at noon EST up 1.6 points with sector moves showing Metals down 4.4, Oil and Gas down 10.4, Real Estate down 93.4, and Industrial products up 3.4. Dow Jones eased 4.56 points to 871.38. Canadian dollar quoted at 389 in U.S. funds. Gold in U.S. funds at 415. Suver value noted with unclear digits.
MENTIONED IN THIS ARTICLE
Pemberton Securities Ltd
Medicine Hat
U.S
Toronto Stock Figures Near Noon On Broad Market Activity
Readable fragments show Toronto stock quotes with numerous company names such as Bell Canada Noranda Inco and Petro Can. The data lists price figures and changes across a wide range of sectors reflecting a busy trading session.
Medicine Hat approves CJCY radio tower project
The Municipal Planning Commission approves a development permit for Tower okayed Medicine Hat Broadcasting to build three 53 metre transmitting towers for CJCY near Medicine Hat. Construction may start by Jan 1, 1982 with completion aimed for May 1982 at an estimated $55,000. The CRTC granted the licence in early November after months of deliberation.
MENTIONED IN THIS ARTICLE
Medicine Hat
Medicine Hat Broadcasting Ltd
CJCY
Municipal Planning Commission of Improvement District No. 1
Canadian Radiotelevision and Telecommunications Commission
CRTC
Vancouver Stock Transaction Debrief Of Wednesday Activity
Complete tabulation shows quotes in cents with net changes from prior close across many listed equities. Names of companies and price figures appear throughout the dense OCR excerpt, indicating a broad market summary page with numerous tickers and values.
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Medicine Hat News
Alex Squires
Pitfield Mackay Ross Ltd
John Sawhill
McKinsey and Co
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Baie
Ledue
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Argus
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Isa
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Mit
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IBM
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Lhae