RCMP probe into brewery merger stock deals investigates breach of trust
RCMP probe targets Werner Schwantje and former adviser Andre over alleged leakage of advance information on the Molson Carling O’Keefe merger. Gracey and Gordon Capital allegedly traded on the info, buying 300,000 Molson shares before public announcement. Searches conducted at Gordon Capital and Gracey’s offices. Gracey denies wrongdoing and plans action against the Financial Times.
MENTIONED IN THIS ARTICLE
Southam News
Ottawa
Harvie Andre
RCMP
Eee
Molson
Carling O’keefe
Toronto
Olson
Andre
Werner Schwantje
Donald Gracey
C.G. Management and Communications Inc
Gracey
Senate Committee On Terrorism
Michel Genest
Gordon Capital Ltd
Bay Street
Gordon
Motson
Gordon Capital
Markham
Ont
Schwantje
Ontario Securities Commission
Commons
Justice Department
Bureau of Competition Policy
The
Financial Times
Skeptical Congress awaits Bush budget
The Bush administration moves to sell its 1991 budget of 1.23 trillion dollars to a skeptical Congress. Democrats attack the plan as skewed and outmoded while Republicans warn of a tough, slow budget process ahead.
MENTIONED IN THIS ARTICLE
Washington
AP CP
Bush
Congress
charmin’ _ Carman
White House
Richard Darman
George Bush
Defence Department
Soviet Union
House of Representatives Budget Committee
Leon Panetta
D-Calif
Jet pilot killed in Arctic CF-18 crash near Inuvik
Canadian Forces confirm Capt. Richard Corver died when his CF-18 crashed a minute after takeoff from Inuvik during a missile tracking exercise. The search covered the Mackenzie River valley as temperatures hovered near 40C with limited daylight. A military board of inquiry will investigate the eighth CF-18 crash since 1982.
MENTIONED IN THIS ARTICLE
Cold Lake
Alta
U.S
Arctic
Canadian Forces
Jan Martinsen
Richard Corver
Inuvik
N.W.T
Martinsen
Corver
Toronto
Cfb
Alberta
Mackenzie River Valley
Territories
Montana
Alaska
Governor General Hnatyshyn's Costly 1989-90 Perks Revealed
Ottawa reports show Canadians will spend 9.3 million to fund Gov. Gen. Ray Hnatyshyn during 1989-90, a 20 percent rise. He earns 80 000 dollars tax free while enjoying Rideau Hall and Quebec City’s Citadelle, plus staff and benefits totaling hundreds of thousands.
MENTIONED IN THIS ARTICLE
Ottawa
Ray Hnatyshyn
Hnatyshyn
Canada
Rideau Hall
Sonny Daljit
Reee Eel Company
Daljit
Quebec City
Citadelle
Plains of Abraham
St. Lawrence River
Bank of Canada spends billions defending dollar
Ottawa reports estimate the bank's foreign exchange interventions and reserve moves may total 2.3 to 3.5 billion this month as the Canadian dollar tumbled from about 86.5 to around 84.2 US cents. Governor John Crow defended policy amid market disruption and inflation worries rose.
MENTIONED IN THIS ARTICLE
Southam News
Ottawa
Bank of Canada
U.S
Rod Fowler
Foreign Exchange
Bank of Montreal
John Day
Richardson Greenshields of
Canada Ltd
John Crow
Crow
Wilson debate pledge tough talk in Alberta clash
Alberta treasurer Dick Johnston scoffs at Michael Wilson in Ottawa GST showdown. He doubts Wilson will travel to Alberta for a televised debate while Liberal John Turner pushes for a six month GST freeze amid House opposition.
MENTIONED IN THIS ARTICLE
Wilson
Johnston
Edmonton
Michael Wilson
Alberta
Dick Johnston
Ottawa
Politi
Bail-outs not bank's job says Crow
Ottawa debate centers on whether the Bank of Canada should intervene in regional distress. Governor John Crow rebuffed Alberta Senator Bud Olson, saying monetary policy cannot target specific regions or industries and that banks must fund operations at prevailing rates. Olson warned against bending to banks, calling it risky for the country.
MENTIONED IN THIS ARTICLE
Southam News
Ottawa
Bank of Canada
John Crow
Crow
Alberta
Bud Olson
Canada
Bay Street
Olson
Toronto
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Federal Finance Committee
Don Blenkarn
Murray Dorin
Alex Kindy
David Kilgour
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Dorin
Kilgour
Kindy
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