Son of NEP updates draw harsh verdicts on oil policy
A Southam correspondent outlines the updated National Energy Program criticized for temporary tax breaks totaling about 2 billion over four years. The piece argues the plan fails on self sufficiency, contrasts federal limits with Alberta cuts, and labels the NEP as harmful as the original.
MENTIONED IN THIS ARTICLE
Marc Lalonde
Southam
Les Whittington
Canada
Lalonde
Alberta
NEP
Canada faces heat over Bombardier subway subsidy dispute
U S officials torch Canadian aid for New York subway cars inviting legal action unless Canada reverses a 563 million loan deal with Bombardier. OECD terms and export credit rules are cited as grounds for penalties and undercutting loans. Strong questions arise over Canada’s stated trade principles versus subsidized finance.
MENTIONED IN THIS ARTICLE
Canada
Bombardier
U.S
Versailles
New York City
Bombardier Inc
Montreal
Export Development Corporation
Organization For Economic Co-operation and Development
OECD
Alderman Seeks Sunday ByLaw Revival With New Committee
Ald. Lee Anderson pushes a second effort to restore a Sunday bylaw. City council creates an ad hoc panel including Downtown Business Association Trades and Labor Council Chamber of Commerce shopping mall association and ministerial association to rewrite the measure.
MENTIONED IN THIS ARTICLE
Ald
Lee Anderson
Downtown Business Association
Trades and Labor Council
Chamber of Commerce
Shopping Mall Association
Ministerial Association
Leaders meet at Versailles summit amid global recession concerns
The seven democratic leaders gather at Versailles for 23 hours of talks over three days to exchange views on inflation, currency stability, and jobs. The aim is to gain ideas from each other to ease unemployment and boost regional economies, including Canada, the United States, Japan, and European nations.
MENTIONED IN THIS ARTICLE
Paris
Versailles
Louis XIV
Hall of Mirrors
France
Windsor
Ont
Japan
U.S
West Germany
Italy
Britain
Canada
Pierre Trudeau
Ronald Reagan
Zenko Suzuki
NEP update in Ottawa aims to placate oil firms
Ottawa releases a sweeping NEP update from Energy Minister Marc Lalonde aiming to reassure oil and gas producers with $2 billion in tax cutbacks over four years while warning of broader policy goals. The plan faces skepticism from critics like Michael Wilson who call it a piecemeal effort doomed to fail.
MENTIONED IN THIS ARTICLE
Ottawa
NEP
Marc Lalonde
Lalonde
Federal Energy Department
Canada
Beaufort Sea
Michael Wilson
Japanese car import rules praised by Canada critics
Keith Dixon of Auto Importers of Canada argues Ottawa should learn from Japan where strict inspections curb foreign auto entries. The piece highlights Japan’s 30 000 km road test, heat shield welds, decals on dashboards and wary safety records of small Japanese cars, ending with a call to set strict Canadian standards.
MENTIONED IN THIS ARTICLE
Oshawa Auto
British Columbia
U.S
Canada
Southam News
Tokyo
Keith Dixon
The
Auto Importers of Canada
Dixon
Ed Lumley
Vancouver
Japan
Volkswagen
Transport Ministry
North America
General Motors
Ford
Chrysler
Mercedes Benz
Mercedes
Benz
Ministry of International Trade and Industry
Ministry of Transport
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Alan Poirier
John A. Weimer
J. W. Bud’ Miller
By the
Way
James Ferrabee
Fearon
OPEC
Andrew Horvat