Alberta and Ottawa to curb oil shut-in buildup
Alberta Energy Minister John Zaozhny said an immediate joint plan with the federal government aims to reduce Alberta’s shut-in oil, with projected US exports and price effects. The talks follow OPEC’s Vienna meeting and foresee up to 100,000 barrels per day shut-in this January, risking a $1 billion revenue loss. Canada may adjust exchange and export arrangements to bring more oil to market.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta
John Zaozhny
Canada
Zaozirny
Ottawa
Jean Chretien
Organization of Petroleum
Zaozhny
Chretien
U.S
Montreal
Toronto
United States
R. A. Daly and Co. Ltd
Constitutional talks set for Ottawa conference dates
Prime Minister Trudeau invites premiers, two northern territories heads and native leaders to a March 15 16 constitutional conference in Ottawa to define aboriginal rights and possibly discuss Senate reform. Cost and winter travel risks mean Yellowknife is ruled out.
MENTIONED IN THIS ARTICLE
Ottawa
Trudeau
Northern Territories
Yellowknife
New Democratic Party
Jim Fulton
Fulton
Canada
Quebec
Rene Levesque
Supreme Court of Canada
Levesque
Victoria
Transfer of family services to private agency set
The city will stop providing counselling and educational services starting January 1 as the transfer of family services to a private agency is finalized. Page 3. The change ends city responsibility for these programs.
Belzberg kidnap suspect denied bail in Calgary
George Adolph Faust, 58, of Calgary, one of four men charged in the Hyman Belzberg kidnapping, was denied bail in provincial court. A publication ban was ordered. Faust was arrested in Switzerland after the Dec 9 incident in Calgary. The case cites four million Swiss francs moved from Belzberg’s brother Samuel. All four suspects face kidnapping, extortion, weapon use, and conspiracy charges and appear again Jan 5.
MENTIONED IN THIS ARTICLE
Calgary
George Adolph Faust
Hyman Belzberg
E.L. Collins
Faust
Switzerland
Belzberg
Samuel
Massey Ferguson Reports 413 Million Dollar Loss
Massey Ferguson Ltd. Toronto based farm equipment maker posts a 413.2 million loss for the year ended Oct. 31. Sales drop to just over 2 billion. Operating losses 205 million with 171 million in reorganization costs and 37.4 million in exchange losses. Chairman Victor Rice cites cost cuts and hopes to break even in 1983 with potential black ink in early 1984.
MENTIONED IN THIS ARTICLE
Toronto
Massey-Ferguson Ltd
Inco Ltd
Massey
Victor Rice
Rice
OECD report flags prolonged Canadian slump into 1983
The OECD general review says Canada’s economy remains hard hit by the recession with a 1982 GNP around five percent and 1983 growth near 1.25 percent. Unemployment is projected near 13 percent in 1982, among the OECD’s highest, while inflation eases only modestly from about 10 percent. Tight fiscal policy and weak use of capacity limit activity, with little boost from consumer demand or investment.
MENTIONED IN THIS ARTICLE
Paris
Reuter
Organization For Economic Cooperation and Development
OECD
Canada
Higo held in jail after bail appeal denied
Akemi Reginald Higo, 48, remains in custody after a Court of Queen's Bench justice refused bail. Justice L D MacLean upheld a provincial court decision to remand him until a January 21, 1983, preliminary inquiry. Crown alleges breach of release terms amid an attempted murder charge.
MENTIONED IN THIS ARTICLE
Akemi Reginald Higo
Court of Queen's Bench
L.D. MacLean
Higo
RCMP
Crown
Philip Wambolt
David Carter
Foremost
William Anhorn
Roy Anthony Hawkes
Cedar Villa
Potash Miners Trapped In New Brunswick Mine
Thirteen miners at the Penobsquis potash mine in Sussex New Brunswick were 645 metres underground after a lift cage accident blocked their exit. Mine manager Keith Busby said the men were in good spirits and in no danger and expected to reach the surface within hours. There were no injuries and no serious damage reported. The incident occurred around 1 p.m. Tuesday with the men underground since 8 a.m. the same day.
MENTIONED IN THIS ARTICLE
Sussex
N.B
Penobsquis
Postash Co. of America
Keith Busby
Busby
Judicial dispute could paralyse Ontario courts
Ontario judges citing independence from provincial government halt criminal proceedings. Raymond Ostigny of the Canadian Bar Association warns the issue could spread to other provinces, delaying bail hearings and slowing the justice system nationwide. McMurtry contests the judges' stance and plans an appeal.
MENTIONED IN THIS ARTICLE
Southam News
Toronto
Ontario
Raymond Ostigny
Canadian Bar Association
Ostigny
Reid Scott
Scott
William Sharpe
Milton
Ont
Roy McMurtry
McMurtry
Ontario Court of Appeal
Ottawa
Also Mentioned on This Page
Assembly of First Nations
Eldorado
Eldorado Nuclear
Port Hope
U.S.S.R
Italy
Francesco Damiani
Willie deWit
Ann Landers
Speen
Bruce Levitt
Wea
Charles Lynch
City News
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