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Medicine Hat News in Medicine Hat, Alberta

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Newspaper

Medicine Hat News

Location

Medicine Hat, Alberta, Canada

Date

Jun 29, 1998

Page

11

Weekly U S bonds purchases and Canadian stats summary

Ottawa reports mixed 1996 Canadian income data with after tax income near 1995 levels while taxes hit a high. Foreign investors pulled 4.7 billion from Canadian securities in April, Canadians stepped up overseas purchases. Employment insurance recipients declined 1.9 percent to 536,520 and El claims dropped 1.8 percent to 223,000. Retail sales rose 1.0 percent in April led by motor vehicle incentives, with overall retail up 5.7 percent from a year earlier.

Ottawa

RCMP profits from Disney licensing drive rise

The RCMPs licensing partnership with Disney has funded 60 community policing initiatives since 1996, totaling about 317000 in profits with Disney and the foundation each taking roughly ten percent of wholesale prices. Funds have supported youth cell phones crime prevention networks and a Crime Stoppers van in New Brunswick and Alberta.

Ottawa RCMP Mounties Walt Disney Co Ken MacLean Force Disney Marc Desjardins Mounted Police Foundation New Brunswick Alberta MacLean

Farmers face Asian flu hurting Pacific Northwest wheat

Northwest farmers face lower prices as Asian crisis and strong dollar cut demand. Exports may fall about 25 million bushels with India and Pakistan embargoes shaping the market. Tom Mick of the Washington Wheat Commission calls the impact devastating.

Seattle U.S. Pacific Northwest Asia Gary Broyles Rapelje Mont Billings Broyles Canada Australia Korea Montana Washington U.S Northwest U.S. Administration India Pakistan Tom Mick Washington Wheat Commission

General Motors Strike Hits Canadian GDP and Jobs

The GM plant shutdowns across Canada trim 0.2 percentage points from GDP this month, with losses running to about 120 million dollars weekly. If U.S. strikes persist, a fourth Canadian plant could close, deepening the impact on Oshawa, St. Therese, and Ontario employment.

Toronto Flint Mich Gomes Oshawa Ont St.Therese Que Ontario GM Canada Ernst and Young U.S United Auto Workers

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