Alberta moves to privatize mortgage arm selling 620 million in home loans
Alberta government owned mortgage company will sell 237 million in mortgages to Canadian Western Bank North West Trust and Credit Union Central and open 383 million to private bids. Proceeds go to the Alberta Heritage Trust Fund as 14 000 mortgages are privatized. The plan targets housing for seniors and low income families with no effect on rental stock or current tenants.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta
Ray Speaker
Speaker
Alberta Mortgage and Housing Corp
Canadian Western Bank
North West Trust Co
Credit Union Central
Alberta Heritage Trust Fund
Crown Corporation
NDP
Ray Martin
Quebec nationalist MP predicts further defections by September
Ottawa CP report quotes Francois Gerin, a Quebec nationalist who quit the Tory caucus, forecasting five more MPs will defect to sit as independents for Quebec sovereignty. He says by Sept 24 Parliament may feature a 12 MP sovereignty rump. Two more defections expected next week, three more soon after. names not disclosed. Liberal Jean Lapierre also quits caucus over Meech Lake stance. Gilles Rocheleau leaves leadership convention for same reasons.
MENTIONED IN THIS ARTICLE
Francois Gerin
Quebec
Quebec Sovereignty
The
Commons
Gerin
Jean Lapierre
Jean Chretien
Meech Lake
Gilles Rocheleau
Chretien
Queen arrives in Calgary as Hull visit in doubt
Queen Elizabeth is greeted with cheers in Calgary while Montreal provincial and federal officials weigh canceling the Hull Quebec stop over pro union protests linked to Meech Lake. Parliament leader Parizeau urged respect as Mulroney faced a frosty reception at the plaza event.
MENTIONED IN THIS ARTICLE
Calgary
Elizabeth
Canada
Brian Mulroney
Quebec
Meech Lake
Hull
Que
Jacques Cartier Park
Parti Quebecois
Clement Tousignant
Tousignant
Joe Clark
Clark
Jean-Paul Servant
Jacques Parizeau
Olympic Plaza
Mulroney
Muriel Archer
Wilson holds back on tax increases to curb deficit
Finance Minister Michael Wilson refuses to commit to no tax hikes later this year while acknowledging possible corrective steps if high interest rates push the 1990 deficit beyond the February forecast. Analysts warn rates could lift the deficit toward 34 billion, increasing debt service costs.
MENTIONED IN THIS ARTICLE
Eric Beauchesne Southam
Ottawa
Michael Wilson
Wilson
Commons
Finance Department
Court rejects Lethbridge Sunday shopping bylaw
Justice J A Agrios of the Edmonton Court of Queen's Bench ruled that Lethbridge bylaw limiting Sunday shopping violated the Charter. The decision dismissed the exemption argument and noted the bylaw affected 150 Seventh Day Adventists and 35 Jewish families. An Alberta committee studies Sabbatarian exemptions for future measures.
MENTIONED IN THIS ARTICLE
Lethbridge
Alta
J.A. Agrios
Edmonton Court of Queen’s Bench
Agrios
Medicine Hat
Fire storms scorch California coast homes and more
A major firestorm sparked by arson destroyed 280 homes in Santa Barbara and chared 1,415 hectares across Santa Barbara and Goleta. Widespread blazes from coast to coast forced thousands from their homes amid drought and heat wave. Six firefighters died in Arizona’s Tonto National Forest as other fires burned in Montrose Colorado.
MENTIONED IN THIS ARTICLE
Goleta
Calif
Santa Barbara
California
Tim Grasey
Santa Barbara County
San Diego
Arizona
Tonto National Forest
Montrose
Colo
Ponderosa
Santa
Ben Johnson aims to run fast again after Dubin inquiry findings
Ben Johnson said he can compete with the world’s fastest sprinters and hopes Canada will allow him to run for the country. The 28 year old spoke after the Dubin inquiry into drug use in sport cited veterinary steroids and drew charges against two physicians for professional misconduct.
MENTIONED IN THIS ARTICLE
Toronto
Ben Johnson
Johnson
Ed Futerman
Dubin
International Amateur Athletic Federation
Rome
Tinian
Ontario
Linda Franklin
College of Physicians and Surgeons
Astaphan
Also Mentioned on This Page
Lynsl Rae Jenkins
Senator Gershaw School
Bow Island
Jenkins
Court
Los Angeles
Grasey
Ben
Jamie Astaphan
Caribbean
Ara Ar
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