Mammoth USC deficit sparks possible 50 percent UI premium rise
Ottawa faces a looming unemployment insurance deficit likely reaching seven to eight billion dollars in 1982 with a deficit near two billion by year end. Forecasters expect January 1 premium increases of at least 50 percent to balance the account, re shaping employer and employee costs nationwide.
MENTIONED IN THIS ARTICLE
Deborah McGregor
Financial Times
Ottawa
Chase Econometrics Ltd
Chase
Laurent Thibault
Canadian Manufacturers Association
Bosses' pockets emptier at Canadian Pacific in 1982
Senior executives of Canadian Pacific Ltd will not receive performance bonuses this year due to a weak economy. Base salaries remain unchanged as the company ties executive pay to business results. chairman Frederick Burbidge earned 456307 last year. First quarter profit dropped to 46.9 million, with railway profits down about two thirds.
MENTIONED IN THIS ARTICLE
Montreal
Canadian Pacific Ltd
Frederick Burbidge
B.C. Scott
Burbidge
CP Ltd
CP Rail
CP Air
Alberta Complete tabulation of Wednesday transactions
Alberta reports full Wednesday trading data across many issuers with net sales, highs and lows in cents. Entries include Am Eagle Am Chr Argus Barons Bearcat Beaufrieny Cap Cable Cimarron Cincinnati Clearport Cochrane Concept Coronati Cultus DebCoin Fist Housta Flin Flon Ft Norman Gen Am A Gold Lake Hallmac Ibex Santa S Santna Sartoga Slordo Sooner Starmk Statesd Sun TRV Min Tagus Talos Tandm Tanker KR Zone and totals showing a 640 902 total value and 1 486, 2 as noted
MENTIONED IN THIS ARTICLE
Am Eagle
Argus
Bearcat
Beaufrieny
Beaufri
Samsa Santa S Santna Sartoga
Saxton Scottie Shekitn Sienna
Cloud Silver
Starmk
Sun Rsk
TRV
Min Tagus
Grey health is big business in aging North America
Extendicare Ltd notes in its annual report that the greying population offers a positive long term outlook for health care services in North America. By 2000 more than 15 million people over 65 are projected, with the baby boom generation becoming retirees ten years later. Extendicare reports 1981 revenues for health care rose 47 percent to 132 million, while the company has diversified into life insurance beyond nursing homes.
MENTIONED IN THIS ARTICLE
Financial Times
Toronto
North America
North
America
Extendicare Ltd
Canada
Extendicare
Oil sector shows cautious signs of life in Canada
Canadian oil firms face lingering trouble from high interest rates and weak demand though signs of recovery appear. Analysts cite changes to the national energy program Alberta royalty cuts and looser gas export rules as factors. Investors remain wary as some firms only break even. A Shell Canada official warns the rebound could be slow. The government plans a later October start for the 1982 83 Canada Savings Bond terms and a shorter two week sale period to avoid prior market misreads.
MENTIONED IN THIS ARTICLE
Financial Times
Toronto
Canada
Dome Petroleum Ltd
Turbo Resources Ltd
Coseka Resources Ltd
Alberta
Jack
John Valorii
Canada Savings
Canada Savings Bond
Financial Trends Report From Pemberton Securities
Market summary shows TSE composite at 1414.7 at noon EDT with mixed metal and energy metrics. Dow Jones value listed as 816.49 with commodity prices including gold 1505.7 and oil 2502.8, reflecting a broad tilt in equities and currencies.
MENTIONED IN THIS ARTICLE
Pemberton Securities Ltd
Vennes
Iwal Estate
U.S
Also Mentioned on This Page
THE
Medicine Hat News
USC
North Vancouver
Fraser River
Japan
Vancouver
Aegean
Aero
Alaska
Amrex
Amengy
Amore
Anchor
Andarx
Andex
Aucan
Avinch
Avino
Ayerok
Azure
BOS BC Res
Bmc Oil
Banner
Belair
Bern Res
Bol Borcan
Boville Bradsu Bras
Brent Bridge
Brigde Br
Ilbk
Britcol
Caldnia Calif Slo
Calor Calpetr Camino Coin
Ponr
Cancal Canfic Capital
Crenter Caulfld Chariot Chariot Code
Corona Corprte
Cosmos
David
A. Eas
Forum Futurty
Galvsta Gen Alie
Pior
Glamis
Global Glory
Tan
Hedley Ee van Hmspr Heriige
Les High Low P.m
AMCA
Agnico
Albany
Leduc
Argus Argus C
Asamera
Atco
Atlc
Bankenou
Bankenow
Barbcon
Brenda M
Brinco P
Ee Ev
USA
Metiagas
Jurham
Rambler
L Bank
Tionventri
Alcon Corrida Oseka Roseka
Postain Lid Ourvan Wtte
Delhi Pac
Denison Dickasn
Dickasn
Dofasco
Ime Terryor D
Uda
Jomtar Dover
McC
Mirth Echo
Calgary
Cnda
Enstar
Forest
Pacific
Hatleigh
Hawker
Hollinger
Bay Co
Ius
Masco BP
Inglis
IBM
Ipsco
Sland Tel
Vaco
Lannock
Innock
Wex Ltd
Mul Ally
Acana Aidlav Aidlw
Jochiel
Lochiel
Iil
Eli Wille Invile
Provid
York Oil
Nfl Capa
Nfld
Nick Rim Noma
Acme Noranda Nor
Norbaska Norcen Norlex Normick P NC Oils Nor Ct
Nor Tel
Northid Nthstar
Oakwood
Obrien
Oshawa
Penn West
Sturg
Rogers
Roxy Pet Royal
Ako C
Tveleo
Patro
Tistco Vulcan
Ind
Warrbord
Wajax
Walker
Wardair Warren
BBC
Ibw
Reako
Redfrn
Redfrd
Regina Regal Renox Rhodes Rideau Rodeo JamXx
Rivel
Saco
Ama
Tiber Tiber Wi
Tivertn
Torcal Tracon
Tracer
Tri Basin
Tri Star Trident Triple Tudor Hd
Turner Tut
Herne U Rayor Usthirk V
Wstld
Val Dor
Valhala Valle
Invermere Kelvin Killucan
Madre Marquis
Marcana Marshall Nello
Norcex
Norminco
Shalowfax
So Sparrow
Sungate
Telstar
Grey’ Health
Extendicate
Rali
Silve
U.S. Tunngs
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