Canada eyes complex trade era with Britain in 1973 shift
Trade experts warn the 1970s demand a sophisticated mix of policies beyond Hees style exports. The U S currency realignments, Europe’s EEC expansion and Kennedy round windup push Canada toward new tariff talks, energy policy and industrial strategy while Britain’s market entry reshapes Canada’s export balance.
MENTIONED IN THIS ARTICLE
John R. Walker
Southam
Ottawa
George Hees
Canada
Britain
Department of Industry, Trade and Commerce
U.S
European Economic Community
Europe
Poor pay taxes under new federal tax law in Canada
Ottawa reports that despite higher exemptions intended to relieve poverty, many poor Canadians will pay income tax when the law takes effect next year. A single person earning about 35 a week or a family of four at 75 will owe tax, with poverty lines set by Statistics Canada at 1894 for a single, 3157 for a couple, and 4420 for a four-person family in 1969. Tax thresholds rise to about 1700 for a single, 3150 for a couple, and 3760 for a four-person family, with the latter about 80 percent of the poverty-line income, and a head of a four-person household paying roughly 200 in income tax, depending on province. Even after exemptions, deductions and payroll contributions, a substantial bite remains in weekly take-home pay.
MENTIONED IN THIS ARTICLE
Canada
Organization For Economic Cooperation and Development
Ottawa
Statistics Canada
Ontario
Santa's Christmas Flight Faces Mixed Canadian Weather
The News reports Santa’s long voyage from the North Pole with a clear, cold forecast. He starts in Newfoundland and heads west through Quebec and Ontario where snow is scarce, then finds smooth takeoffs near Manitoba, with heavy Rockies snow affecting rooftop landings. After Vancouver, Victoria, the Yukon and Northwest Territories lie ahead before a rest and return home with fewer coal supplies as good children rise and bad ones fall.
MENTIONED IN THIS ARTICLE
Santa
Prairies
North Pole
Santa Claus
Newfoundland
Quebec
Ontario
Manitoba
Medicine Hat
Rockies
Vancouver
Victoria
Yukon
Northwest Territories
Mrs. Claus
South Pole
MPs return to work on Tuesday after holiday impasse
Ottawa reports that Parliament will resume Tuesday as MPs failed to reach agreement on Bill C-176, the agricultural products marketing bill. The holiday break is shortened to four days, with a possibility of extension if the bill stalls again. Department transport assets offered to help MPs travel for Christmas and back.
MENTIONED IN THIS ARTICLE
Ottawa
Commons
Department of Transport and Armed Forces
Nixon frees Hoffa ends four year wait for reunion
James R. Hoffa, former Teamsters president, is released from Lewisburg prison by President Nixon and reunites with his wife Josephine in Glendale. His commutation bars direct labor leadership until March 6, 1980, reducing his 13 year sentence to about six years with time served.
MENTIONED IN THIS ARTICLE
ST. Louis
James R. Hoffa
Teamsters Union
Nixon
Josephine Hoffa
Glendale
Lewisburg
Hoffa
Detroit
United Auto Workers
Leonard Woodcock
Teamsters
Frank Fitzsimmons
The
Aflcio
U S lowers import tariffs on Kennedy rounds
The Nixon Administration announced the third stage of Kennedy Round tariff cuts will take effect January 1. Canada faces impact on over 2.5 billion dollars in exports, with lumber and wood products heavily affected as duty changes ease in the U S market.
MENTIONED IN THIS ARTICLE
Ottawa
Washington
Canada
Nixon
Jean-Luc Pepin
Industry, Trade and Commerce
United States
Also Mentioned on This Page
Congress
Kennedy
Richard Fecteau
Phillip Fecteau
Lynn
Mass
Fecteau
Valley Forge Hospital
Phoenixville
Government House
Allan MacEachen
Pres. Nixon
Chester
England
Reuters
Peter Curtis
Ministry of Agriculture
Curtis
Katie
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