Ottawa to borrow abroad to aid dollar
Canada plans foreign borrowing to slow the dollar decline as Finance Minister Jean Chretien announced on Tuesday night. The move aims to curb market speculation and finance the current account deficit, with details to follow. The dollar slipped to a 40 year low around 89.49 U.S. cents, while reserves stood at 4.41 billion at year end.
MENTIONED IN THIS ARTICLE
Ottawa
Jean Chretien
Finance Department
U.S
Canada
James Gillies
Max Saltsman
New Democratic Finance
Government sets spending target for new fiscal year
Ottawa reports a $48.8 billion spending target for the year starting April 1, up about 9.8 percent from the current year. Treasury Board President Robert Andras says the plan limits actual spending to $44.45 billion with up to $1.55 billion in supplementary requests. The government aims for growth below nominal GNP, relying on private sector recovery rather than expanding state spending.
MENTIONED IN THIS ARTICLE
Ottawa
Robert Andras
Treasury Board
Commons
Andras
Federal spending set to rise in 1978 79 Ottawa estimates
Ottawa reports 1978 79 spending to total 48.8 billion up 9.8 percent from 44.45 billion this year. Debt interest climbs to 6.5 billion while social welfare rises to about 9.2 billion. Government employment grows 1 848 man years to 325 120. arts and CBC funding up. unemployment insurance fund expands to 1.7 billion.
Court shuts Keable inquiry in Quebec clash
The Quebec Court of Appeal halted the Keable commission on RCMP wrongdoing, ordering a stop to hearings and transfer of documents to the Quebec Superior Court within 15 days. The ruling dismisses Ottawa efforts and signals a lengthy interruption likely until the fall.
MENTIONED IN THIS ARTICLE
Montreal
Trudeau
Keable Commission
RCMP
Ottawa
Quebec Court of Appeal
Provincial Commission
Jean Keable
Quebec
Jean-Jacques Blais
Francis Fox
Marc-Andre Bedard
Keable
Supreme Court of Canada
Solicitor-General of Canada
Rene Levesque
Quebec City
Commission
Levesque seeks pact on language education in Montreal
Premier Rene Levesque aims to renew reciprocity talks with nine English-speaking provinces on minority language education. He seeks guarantees allowing English-Canadian children in Quebec to attend English schools if home provinces protect French-language rights, amid broader national unity debates and constitutional hints.
MENTIONED IN THIS ARTICLE
Montreal
Rene Levesque
St. Andrews
N.B
Levesque
Quebec
St. Andrew's
Trudeau
Newfoundland
Frank Moores
Europe
Hubert Gauthier
Federation of
Gauthier
MacKay to reveal bugging cabinet link in Ottawa report
Ottawa reports say Elmer MacKay plans to disclose a case of electronic surveillance tied to Prime Minister Trudeau's cabinet. Party sources call it not explosive and not likely to topple the government, with details to be discussed in the Commons and later with reporters.
MENTIONED IN THIS ARTICLE
Ottawa
Elmer MacKay
Central Nova
Trudeau
Ottawa Today
Sky Shops
MacKay
Egypt withdraws recognition of Cyprus president Kyprianou
Cairo says it no longer recognizes Cypros Kyprianou as president following the deadly Cyprus commando raid. Sadat spoke after the funeral for 15 Egyptian commandos killed at Larnaca, condemning Cypriot action and demanding the two Palestinian shooters be handed over. He pledged a strong response to any further blows against Egypt.
MENTIONED IN THIS ARTICLE
Cairo
Egypt
Cypros Kyprianou
Cyprus
Anwar Sadat
Kyprianou
Sadat
Youssef Sebaei
el-Sebaei
Al-Ahram
Nicosia
Afro-Asian People’s Solidarity Organization
Palestine
Larnaca
Djibouti
Also Mentioned on This Page
Chretien
Gov't
Muriel Rogers
Alexandra Junior High School
Riverside Park
Alberta
Central Park
Dan Lander
CBC
Keable Inquiry
Rudolph Pare
Blais
Jean-Pierre Goyer
Goyer
Justice Pare
Provincial Commission of Inquiry
Fox
Winai
Nabil Shukry
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