Alberta and Ottawa halt planned oil price rise
Alberta and Ottawa announced an 18 month accommodation on oil and gas pricing delaying a $4 per barrel increase scheduled for Friday. The deal extends the Sept 1981 framework, keeps current wellhead price for old oil, expands world price eligibility, and stabilizes consumer gas prices through 1985 with a federal offset on Trans Canada pipeline charges.
MENTIONED IN THIS ARTICLE
Calgary
Alberta
Ottawa
John Zaozhny
Canada
Zaozhny
trans-Canada
Canaa
Saint John navy frigate contract boosts local yard
Saint John shipyard wins the 3.2 billion prime contract to build three frigates with the remainder farmed to Quebec and Ontario firms. The program aims to create about 2,000 local jobs and 30,000 person-years of work nationwide, with the last frigate entering service in 1992.
MENTIONED IN THIS ARTICLE
Saint John
N.B
Quebec
Ontario
Atlantic
West
New Brunswick
Richard Hatfield
Hatfield
Ottawa
Marine Industries Ltd
Sorel
Que
Canada
NDP Unites to Avoid Clash at National Convention
The New Democrats held a closed session on Wednesday to prevent a public clash over core party principles as their national convention opens in Regina. The gathering sought to present a unified front amid potential disagreements on policy direction.
MENTIONED IN THIS ARTICLE
New Democrats
NDP
Regina
Esso to revive Cold Lake heavy oil project in stages
Esso Resources Canada Ltd. has asked the Alberta Energy Resources Conservation Board to alter Cold Lake plans. It will proceed with phased, small scale commercial bitumen production for asphalt, instead of the earlier 140,000 barrel per day mega project shelved in 1981 due to costs and demand.
MENTIONED IN THIS ARTICLE
Calgary
Esso Resources Canada Ltd
Cold Lake
Alta
Esso
Imperial Oil Ltd
Alberta Energy Resources Conservation Board
Alberta
Imperial
Diana and Charles charm Edmonton crowds on Canadian tour
Diana wowed tens of thousands in a sunlit downtown park and at a $50,000 Klondike barbecue in Edmonton. Police and observers estimated 20 000 to 70 000 attended the Sir Winston Churchill Square walkabout and birthday singing as the tour began in Dartmouth and continues toward its London end.
MENTIONED IN THIS ARTICLE
Diana
Prince and Princess of Wales
Charles
Edmonton
London
Mackay Named Mulroney Adviser Amid Uncertain Role
Nova Scotia MP Elmer MacKay, who resigned to let Brian Mulroney run for Parliament, becomes the new leader's chief adviser. The job description remains unclear with MacKay noting the role is imprecise and could vary widely. He has won re-election in Central Nova by large margins in four straight elections.
MENTIONED IN THIS ARTICLE
Dave Todd
Southam News
Ottawa
Elmer MacKay
Nova Scotia
Brian Mulroney
MacKay
Central Nova
Simpsons-Sears fined $1 million in false advertising case
Toronto court fines Simpsons-Sears Ltd. $1 million after a guilty verdict on 12 counts of misleading advertising. H. Forth and Co. Ltd. receives $12,000. eight prior false advertising convictions noted. Rings valued at $7 million in the mid-1970s were improperly appraised and certificates misrepresented.
MENTIONED IN THIS ARTICLE
Toronto
Simpsons- Sears Ltd
Simpsons-Sears and
H. Forth and Co. Ltd
Simpsons-Sears
Dia
H. Forth
George Ferguson
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Ann Landers Doo
Peron
Charles Lynch
City News
John R. Walker Deed
Mulroney
Simpsons
Sears