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