Wilson cuts GST rate to seven percent in Canada
Finance Minister Michael Wilson announced a seven percent goods and services tax, down from nine percent, to curb inflation risk. The move funds itself with spending cuts and higher corporate taxes while keeping cigarettes and alcohol taxes unchanged.
MENTIONED IN THIS ARTICLE
Ottawa
Michael Wilson
Commons
Wilson
Nova to spend 45 million on Empress gas compression station
Nova Corporation of Alberta plans a 45 million 1990 investment for a new natural gas compression station near Empress with construction starting in April and operation slated for November. The project, part of a 538 million capital budget for 1990, includes related lateral pipelines and meter stations and is expected to boost Medicine Hat area business and job opportunities.
MENTIONED IN THIS ARTICLE
Nova Corporation of Alberta
Empress
Bruce Simpson
Compa
Ny’s Gas Transmission Division
Alberta
Nova
Simpson
Blaine Alexander
Medicine Hat
Red Deer River
Empress Project
Alexander
Empress Area
Edmonton
Calgary
Princess
Patricia
Alberta- Saskatchewan
Panama City Officer Shooting Escalates US Panamanian Tensions
The Panamanian Defence Forces denounce the US lieutenant's shooting of a policeman as reckless aggression. The incident follows Saturday's fatal shooting of an American officer and amid US military alert and Bush administration threats of possible retaliation against Gen. Manuel Noriega. A US statement says the Panamanian approached a laundry near Southern Command and fired after the policeman moved to stop him. The Panamanian side claims the US vehicle sped away, heightening clashes as Noriega faces cocaine trafficking charges.
MENTIONED IN THIS ARTICLE
Panama City
Panama
U.S. Southern Command
U.S
Southern Command
Panamanian
Defence Forces
Noriega
Florida
United States
Timisoara unrest escalates as helicopters fire on crowds
Witnesses report gunfire in Timisoara with security forces killing dozens during anti-government rioting that surged from the weekend. Unconfirmed tolls reach hundreds as reports of helicopter fire surface and unrest spreads to Arad and Brasov.
MENTIONED IN THIS ARTICLE
Ap-Cp
Reuters
Vienna
Timisoara
Romania
Arad
Brasov
Belgrade
Politika
Radoslav Dencic
Nicolae Ceausescu
Palm Dairies loan deal seen as fully secured
Alberta Treasurer Dick Johnston said loans from Alberta Treasury Branches to Peter Pocklington for Palm Dairies Ltd are fully secured. He commented on CBC Radio that Pocklington may sell Palm for 100 million and noted the Treasury Branches' position must be protected, with current balance unclear.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta Treasury
Peter Pocklington
Palm Dairies Ltd
Alberta
Dick Johnston
Johnston
CBC
Treasury
Pocklington
al Bray
Canada
Bray
United States
Wayne Gretzky
Gretzky
Los Angeles Kings
Gretzk
Edmonton Oilers
British Columbia
Investigation tainted budget leak trial hears
A court heard that a senior Mountie and a government official may have tainted the budget leak inquiry. Staff Sgt Richard Jordan and Insp Jean-Pierre Witty discussed motives during meetings about possible charges after portions of the budget summary aired ahead of the Finance Minister's budget table.
MENTIONED IN THIS ARTICLE
Cial
Richard Jordan
Jean-Pierre Witty
Rates raise Canadian debt costs amid inflation fight
Finance Minister Michael Wilson told the Commons that high interest rates add 6.5 billion to federal debt costs. He rejected Liberal charges of misrepresentation and said rates remain necessary to curb inflation, noting deficits up to 30.5 billion this year and forecasts affected by higher rates. The government plans further spending cuts and tax increases.
MENTIONED IN THIS ARTICLE
Southam News
Ottawa
Michael Wilson
the Commons
Bank of Canada
John Crow
Government of Canada
Wilson
John Turner
Ve Wilson
Carpenter faces war act charges in WWII murders
Michael Pawlowski 72 a Rus sian immigrant with local market awards appeared in Ontario Supreme Court on eight counts of murder two war crimes and six crimes against humanity. Police say he killed 410 Jews and 8 Poles in Byelorussia in 1942 and 400 Jews in Snow village plus 80 Poles in the region. Bail hearing planned.
MENTIONED IN THIS ARTICLE
Ottawa (Cp
Michael Pawlowski
Ontario Supreme Court Today
Pawlowski
Ontario Hydro
Renfrew
Ottawa
Bill Hobson
Justice Department
Byelorussia
Snow
Canada
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Commons Finance Committee
Don Blenkarn
Finance Committee
Nova Yes Ae
Crystal Vella
St. Catharines General Hospital
CP Laser Photo
RCMP
Jordan
Doug Small
Global Television
Small
Normand Belisle
John Appleby
Belisle
Carpenter
War Act