Ontario seizes control of three trust firms
Ontario placed Crown Trust Co Seaway Trust Co and Greyman Trust Co under provincial control amid an investigation into questionable lending practices tied to a $500 million real estate deal. Depositors may withdraw up to $20000 per company while the probe continues. CDIC insurance is affected. Minister Robert Elgie cited new powers in the Loan and Trust Corporations Act and stressed public confidence as essential.
MENTIONED IN THIS ARTICLE
Toronto
Ontario
Crown Trust Co
Seaway Trust Co
Greyman Trust Co
Ontario Consumer and Commercial Relations
Robert Elgie
Seaway
Crown
Greymac
Elgie
Loan and Trust Corporations Act
Canada Deposit Insurance Corp
CDIC
Florida
Former NHL star may land federal job
Former Montreal Canadiens goalie Ken Dryden is the odds on favorite for the Information Commissioner post at $70 000 a year. Parliament must ratify his appointment under the Access to Information Act. Dryden’s background includes public interest work and legal training. critics note his high profile but not bureaucratic experience.
MENTIONED IN THIS ARTICLE
Ottawa
Montreal Canadiens
Ken Dryden
Senate
House of Commons
Dryden
Walter Baker
Privy Council
Baker
Toronto
Department of Consumer and Corporate Affairs
Grain payments bring 583 million to Prairie farmers
Prairie farmers received final grain payments totaling 583 million dollars from the Canadian Wheat Board for deliveries in 1981 82. The note appears among other brief items including weather and political commentary.
MENTIONED IN THIS ARTICLE
Canadian Wheat Board
Sharpen pencils PM tells business to bid in Singapore transit
Prime Minister Trudeau urged Canadian firms bidding on Singapore's 3 to 5 billion dollar rapid transit project to submit strong offers and not rely on concessional financing. He said Canada will consider funding aid only after a competitive offer is in hand and warned against deficit expansion to aid bids. Singapore seeks a 47 kilometre transit system with portions underground and is Canada's key Southeast Asia trade focus.
MENTIONED IN THIS ARTICLE
Roger Smith
Singapore
Trudeau
Lee Kuan Yew
Canada
Export Development Corp
Thailand
Lee
Mass Rapid Transit Authority
Southeast Asia
Canadian held for hijacking in Tokyo bomb threat case
Kwok Young Ming, a Hong Kong born Canadian, charged under Japan anti hijacking law for a bomb threat against a Korea Airlines jumbo jet that diverted to Tokyo Narita. The plane landed with 223 passengers and 23 crew, no device found, later flew to Seoul. another man with Kwok was detained and released.
MENTIONED IN THIS ARTICLE
Darryl Gibson
TOKYO
Korea Air Lines
New International
Kwok Young Ming
Toronto
KAL
New York
Seoul
Anchorage
Narita
Kwok
Propane tanker collision prompts evacuation near Courtenay
About 300 residents were evacuated after a northbound propane tanker flipped on the Island Highway to avoid a van. Fire crews plugged the leak with foam and drained 38,000 litres into other tankers. Driver William Burnham, 33, was treated for minor injuries and released. The road reopened Friday night.
MENTIONED IN THIS ARTICLE
Courtenay
B.C
Vancouver Island
William
Clinton Burnham
Qualicum Beach
Fire Department
Burnham
Comox
Cumberland
Conservatives Lead in December Gallup Poll Ottawa
The December Gallup poll shows the Conservatives at 46 percent, Liberals 31 percent, and New Democrats 21 percent. Canadians would elect a Conservative majority if an election were held, supporting Joe Clark as leadership tensions rise ahead of Winnipeg meeting.
MENTIONED IN THIS ARTICLE
Ottawa
Liberals
New Democrats
Joe Clark
Winnipeg
Clark
Terry Fox listed in book of world records
Canadian Terry Fox is cited in the 1983 Guinness Book of World Records for raising 24.7 million dollars in a charity run from St John’s to Thunder Bay in 143 days to new heights of sporting philanthropy.
MENTIONED IN THIS ARTICLE
Terry Fox
Frank Mackey
London
Port Coquitlam
B.C
Canada
Fox
St. John’s
Mld
Thunder Bay
Ont
Robert Gray
Toronto
Also Mentioned on This Page
Lima
Peru
Jose Tizoc
Tlzoc
NHL
Aileen McCabe
Southam News
Poigon
Medicine Hot Cubs
Lethbridge Native Sons
Andrew Snaddon
Ann Landers Reed
Charles Lynch
Dr. W. Gifford-Jones
Jim Coleman
Puro
Mike Royko
Peewee Rr
Renee
Hong Kong
Tories
Gray
Australia
U.S
Anna Hanen Swan
Nova Scotia
Kendel Shenner
Big Beaver, Sask
Jean Jawbone
Winnipeg Medical Centre
Gerry Wilmot
Victoria
Montreal
Roger Briens
Promethee
Alfred
John Fitchett
Liverpool
Lethbridge
Alto
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