Bank inquiry urges lower rates to avert bankruptcies
The Commons finance committee wrapped up a month of hearings with calls for lower bank interest rates. Representatives from Consumer Aid Service of Shawinigan, a Filipino association from Mississauga, and the United Steelworkers of America pressed for relief to curb rising bankruptcies and personal debt costs.
MENTIONED IN THIS ARTICLE
Ottawa
Commons
Consumer Aid Service of
Shawinigan
Iuc
Madeleine Plamondon
MPs scorn PQ pledge as Ottawa players face election
Quebec ministers dismiss the Parti Quebecois move to enter the next federal race. Defence Minister Gilles Lamontagne says Quebecers know how to vote. Energy Minister Marc Lalonde ridicules the PQ stance amid bank profits hearings. Community groups cite usury and high rates, while unions push for public banking to serve social needs.
MENTIONED IN THIS ARTICLE
Ottawa
Quebec
Parti Quebecois
Defence
Gilles Lamontagne
Energy
Marc Lalonde
Single mothers hardest hit by 1981 unemployment
Statistics Canada reports 1981 unemployment among single mothers with at least one infant at 32.5 percent, with only 7,000 of 27,000 employed and 17,000 not seeking work. Widowed, divorced, or separated mothers faced 18.8 percent unemployment. Overall, 637,000 women headed households were present, while the national rate rose to 7.6 percent in 1981 and 10.2 percent by April 1986. The study notes rising female labor force participation, especially among mothers with young children, up to 44.5 percent for those with kids under three.
MENTIONED IN THIS ARTICLE
Paul Gessell
Ottawa
Statistics Canada
Also Mentioned on This Page
THE
Medicine Hat News
Juliet O'Neill
Narcisco Aldaya
Bayanihan
United Steelworkers of America
Palliser
Chesterfield
Niue
First
St. S
Medicine Hat
St. S.E
Rock Maple
Andre Leclerc
Montreal
PPG Industries
PPG Industries Canada Ltd
6Th Ave
S.W
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