Alberta deficit to grow on strong dollar says Johnston
Edmonton, CP A stronger Canadian dollar could lift Alberta’s 1989-90 deficit by about 100 million dollars, with oil royalties falling as revenues shrink in US funds. Treasurer Dick Johnston warns each one-cent rise costs 25 to 35 million annually, while Premier Getty pledges no new taxes and aims to balance by 1991-92.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta
Dick Johnston
Don Getty
Johnston
U.S
New Democrat
Bob Hawkesworth
Getty
Hawkesworth
Ottawa
Heritage Fund
Lougheed cites high dollar as drag on free trade gains
Alberta's former premier Peter Lougheed blames the high Canadian dollar for limiting benefits of the Canada U.S. free trade agreement one year in. He says the Bank of Canada policy and exports downturn hurt Canadians while noting mixed signals on job losses versus gains.
MENTIONED IN THIS ARTICLE
Southam
Alberta
Peter Lougheed
U.S
Lougheed
Bank of Canada
Cal
Alliance For Trade and Job Opportunities
Calgary
Canada
Tory
Pro-Canada Network
Sweden tops Canada in late comeback at world junior hockey
Sweden erased a 4-2 deficit with three goals in 1 36 to beat Canada 5-4 at the world junior championship. Eric Lindros and Dave Chyzowski had two goals each for Canada, who must beat Czechoslovakia and watch Sweden vs the Soviet Union to win gold. Canada leads 4-1-1. Sweden 4-2. Czechoslovakia and the Soviets each 5-1-1 entering Thursday.
MENTIONED IN THIS ARTICLE
Helsinki
Ulf Mattiasolsson
Sweden
Canada
Dave Chyzowski
Eric Lindros
Czechoslovakia
Soviet Union
Soviets
Lindros
Oshawa Generals
Chyzowski
New York Islanders
Mattiasolsson
Stephane Fiset
Victoriaville Tigers
Senators and MPs receive 1990 pay raise in Canada
Parliament members see a 3.54 percent salary increase starting January 1 bringing MPs to at least 82 700 with a 20 600 tax free expense allowance. Prime Minister Mulroney tops at 153 700, Speaker Fraser and cabinet ministers at 130 100, Opposition Leader Turner at 130 100. Senators expect a similar 3.5 percent rise.
MENTIONED IN THIS ARTICLE
Ottawa
Statistics Canada
Brian Mulroney
John Fraser
John Turner
Senate
Threat of Morocco spill disputed near coast
Morocco says no immediate pollution threat exists from a 260 square kilometre oil slick 30 kilometres off Rabat while French officials warn catastrophe cannot be ruled out if weather worsens. Marine teams spray chemicals, vacuum muck, and tugboats haul the stricken tanker Kharg-5 toward calmer seas near the Cape Verde islands as spill estimates rise.
MENTIONED IN THIS ARTICLE
Rabat
Moulay Ahmed Alaoui
Brice Lalonde
Marrakesh
Strief
Laheen Ohira
Atlantic Ocean
Morocco
Cape Verde Islands
Edmonton Gainers Hog Plant Nearing Closure
Agriculture Minister Ernie Isley said the aging Gainers hog-slaughter plant in Edmonton is near dead with the slaughter floor possibly closing within months. The government pursues a deal with Fletcher's Fine Foods in Red Deer to shift all Alberta hogs to its plant, risking about 350 Edmonton jobs but potentially creating 225 in Red Deer. Fletcher's has operated below half capacity.
MENTIONED IN THIS ARTICLE
Edmonton
Ernie Isley
Isley
Fletcher
Fine Foods
Red Deer
Fletcher’s
Alberta
Fishermen bitter over quota cuts in Atlantic fishery
Ottawa released the 1990 groundfish plan cutting quotas for cod haddock and pollock hitting Newfoundland hardest with about 25 percent cuts to northern stocks. Fishermen warn thousands will lose jobs as officials promise aid while a Halifax meeting adopts the plan details.
MENTIONED IN THIS ARTICLE
ST. John’s
Nfld
John Crosbie
Ottawa
Atlantic
Crosbie
Tom Siddon
Atlantic Canada
Siddon
Shee
John
National Sea Products
Buddy
Halifax
Cod
Gulf of St. Lawrence
Newfoundland
Rich
Ard Cashin
Fishermen, Food and Allied Workers Union
Vic Young
Fishery Products International
Fisheries Department
U.S. Signals Flexibility on Noriega Fate Amid Vatican Stand
The White House plotted a possible asylum path for Manuel Noriega in a third country while underscoring the goal of his return to the United States for trial on drug charges. Spokesman Marlin Fitzwater stressed no shift in policy as the Vatican Embassy standoff continues in Panama City.
MENTIONED IN THIS ARTICLE
Washington
Reuters
White House
Manuel Antonio Noriega
Marlin Fitzwater
United States
Noriega
Vatican
Panama City
Also Mentioned on This Page
Mike McCracken
Canadians
Tom Russell
Russell's Electric Co. Ltd
Dunmore Road
Texaco
Russell
Paul van Peenen
Britain
Joe Nichols
International Tanker Owners Pollution Federation
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