Canada plans measures to curb trade deficit and defend dollar
Cabinet members signaled new measures to redress a growing trade deficit and bolster the Canadian dollar. John Crosbie warned a $7 billion current account shortfall this year as the Bank of Canada kept rates at 15 4 percent to attract investment, while economists foresee slow growth and higher unemployment.
MENTIONED IN THIS ARTICLE
Ottawa
Treasury Board
Sinclair Stevens
Stevens
John Crosbie
Crosbie
Canada
Bank of Canada
U.S
PCs announce date to recall Parliament
Ottawa Prime Minister Clark will recall Parliament on October 9 with the 31st session opening by Gov Gen Edward Schreyer and a throne speech. The minority government aims to outline tax plans including mortgage interest and property tax deductions, with a budget due weeks after the session starts.
MENTIONED IN THIS ARTICLE
Ottawa
Clark
Edward Schreyer
John Diefenbaker
Pierre Trudeau
Diefenbaker
John Crosbie
Robert de Cotret
Social Credit
Fabien Roy
Stampede Week Kicks Off With Rides Shows And Contests
Stampede Week opens with Mighty Thomas Midway flashing noon to weekend, featuring rides cotton candy and hot dogs. Kiiplex art gallery Agriculture Arcade Ken Jen Petting Zoo open at noon. Wild West Casino opens at 4 p.m. beef carcass live appraisal at the beef barn. pony chuck wagon and chariot races at 6 30 p.m. with Tommy Hunter Show entertainment.
MENTIONED IN THIS ARTICLE
Thomas Midway
Kiiplex
Ken-Jen Petting Zoo
American fleet joins international effort to save Vietnamese boat people
The United States expands the 7th Fleet search in the South China Sea to locate and aid refugees adrift off Southeast Asia. Long range patrols fly daily missions while ships adjust routes to maximize rescue time.
MENTIONED IN THIS ARTICLE
Washington
United States
7Th Fleet
Southeast Asia
U.S. Navy
South China Sea
Gordon Peterson
U.S
Vietnam
Malaysia
Geneva
Switzerland
Canada
Singapore
U.S. voices strong rebuke over Israeli Lebanon raids
The State Department condemned Israel for coast raids on Lebanon and rejected a peace force proposal for Sinai. It cited civilian casualties and said American F-4 jets may have been used, while urging restraint on all sides amid ongoing violence.
MENTIONED IN THIS ARTICLE
N.Y. Times
Washington
United States
Israel
Lebanon
United Nations
Sinai
Hodding Carter
State Department
Carter
Haddad
Kenora Hospital to Hire Indian Shaman Courier
Kenora Lake of the Woods Hospital gains Ontario funding to hire an Indian Shaman or Medicine-man, first in Ontario, as a counsellor for about 7 000 Ojibway in Treaty Three. The counselor will liaise with the hospital and reserves, aiding native health programs amid local enthusiasm and funding concerns.
MENTIONED IN THIS ARTICLE
Jim Travers
Southam
Kenora
Lake of the Woods
Ontario Ministry of Health
Ontario
R.A. Schnieder
Treaty Three
Robin Greene
Schnieder
George
Wabigoon
Exiles Return as Sandinista Regime Opens Border
Tens of thousands of Nicaraguans who fled to Costa Rica return home after the border opened. The Sandinista forces say over 10,000 refugees crossed back as the junta in Managua seeks extradition of Somoza for war crimes. Unofficial totals cite about 200,000 fled during the war to various destinations.
MENTIONED IN THIS ARTICLE
Managua
Somoza
Miami
Honduras
Panama
Guatemala
el Salvador
U.S
South America
Oil firms report high second quarter profits US and overseas gains
Exxon Corp and Standard Oil Indiana Amoco posted strong Q2 profits despite modest domestic price moves. Exxon earned 830 million dollars 1.88 a share up from 690 million 1.55 a year ago with 19.6 billion in revenue. Amoco posted 401.2 million dollars 2.74 a share up from 294.2 million 2.01 a year ago with 4.6 billion in revenue. Imperial Oil in Toronto reported six month earnings of 197 million dollars 1.51 a share with Q2 at 108 million 83 cents a share citing higher prices and volumes in oil and gas.
MENTIONED IN THIS ARTICLE
New York
Exxon Corp
Standard Oil Co
Indiana
U.S
Exxon
Standard of Indiana
Amoco
Toronto
Imperial Oil Ltd
Britain to sell half of aerospace industry amid Thatcher push
London reports the Conservative government plans to auction about 50 percent of British Aerospace by Christmas while promising continued but reduced state aid for shipbuilding for two years. The move follows efforts to privatize nationalized sectors and curb government spending amid opposition from Labour and unions.
MENTIONED IN THIS ARTICLE
London
Britain
Labor
British Aerospace
Margaret Thatcher
Keith Joseph
British Airways
Also Mentioned on This Page
Pcs
Medicine Hat
Frank Webber
Saad Haddad
Aerospace
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