Getty rate relief promise debunked for Alberta buyers
The Canadian Press reports Alberta officials say the $4,000 interest-free loan promised by Premier Don Getty for first-time home buyers does not exist as stated. The program will pay only the interest on the first 4,000 of a mortgage for five years, while down payments remain the buyers' responsibility.
MENTIONED IN THIS ARTICLE
Alberta
Faber
Johnston
Getty
Bob Kelly
Calgary
Alberta Home Mortgage Corp
Lion
Mann
Myles McDougall
Dick Johnston
Bank rate climbs as ministers prepare for finance talks
The Bank of Canada rate rose to 12.12 percent, highest since 1984, pressuring next week's provincial federal finance ministers meeting. Premiers rebuked Ottawa's policy to curb inflation with higher rates, warning the pain may hit weaker regions hardest and slow Ontario's economy. Saskatchewan Premier Grant Devine warned of further action if talks fail. Liberal finance critic Roy MacLaren said ministers will weigh the rate's impact.
MENTIONED IN THIS ARTICLE
Ottawa
Bank of Canada
Brian Mulroney
Ontario
Maritimes
Prairies
David Peterson
Saskatchewan
Grant Devine
Toronto
Canadian athletes enter first drug treatment program
Nineteen recreational athletes prepare to join Canada’s first drug treatment program for performance enhancing substance abuse. Dr. Taunton in Banff notes the Seoul incident spurred awareness and a shift in sport communities toward cleaner competition amid revelations from Charlie Francis and Johnson's steroid history.
MENTIONED IN THIS ARTICLE
Vancouver
Sports Medicine Council of Canada
Canada
Jack Taunton
Banff, Alta
Taunton
Ben Johnson
Charlie Francis
Toronto
Francis
Seoul
Johnson
Rome
John Holt
International Amateur Athletic Federation
Budapest
Church seeks private assault settlement in Ottawa case
The Ottawa diocese and Rev. Dale Crampton face civil suits from three families in Ottawa. A pre-trial hearing is set for March 16 as the church aims for an out of court settlement to avoid publicity and potential precedent setting damages. Crampton was convicted in 1987 of sexually assaulting seven altar boys over ten years. The Canadian Conference of Catholic Bishops worries about similar lawsuits amid Newfoundland priest charges.
MENTIONED IN THIS ARTICLE
Ottawa
Ottawa Citizen
Dale Crampton
Citizen
Canadian Conference of Catholic Bishops
Tanker Grounding Near Waikiki Spills Oil Into Ocean
A 250 metre tanker Exxon Houston carrying 90 000 barrels ran aground 25 kilometres from Honolulu and Waikiki Beach. Officials report about 443 000 litres of oil spilled with 348 000 litres fuel oil leaking and 95 000 litres crude oil released. Coast Guard described hull holes and complete fuel evacuation.
MENTIONED IN THIS ARTICLE
Honolulu
Hawaii
U.S. Coast Guard
Keith Spangler
Exxon Houston
Hawaiian
Oahu
Barbers Point
Waikiki Beach
Spangler
International scam ends with guilty pleas in Toronto
Arthur Bertram and Kenneth Wood pleaded guilty to defrauding Canada Trust Co. of more than 4.5 million dollars tied to a Liechtenstein account. Extradited from Britain, the former employees face six and five year terms and must repay up to 600000. The case involved phony mortgages and a rented luxury condo as collateral.
MENTIONED IN THIS ARTICLE
Toronto
Arthur Bertram
Kenneth Wood
Liechtenstein
James Atkinson
Edward Greenspan
Bertram
Wood
Canada Trust Co
Britain
London
Canada Trust
Trust and Powerline
Europe
Britain’s Howe defends Rushdie while Iran vows apology demand
In an interview broadcast from London, Foreign Secretary Geoffrey Howe said the Satanic Verses offends Muslims and insults Britain, yet he defended Rushdie’s right to publish. Iran’s President Ali Khamenei warned Britain will be forced to apologize and retreat, remarks reported by IRNA after parliament threatened severing ties if demands were not met.
MENTIONED IN THIS ARTICLE
London
Britain
Iran
Geoffrey Howe
Rushdie
Salman Rushdie
Howe
Nazi Germany
Ali Khamenei
Islamic Republic
Also Mentioned on This Page
Weather National
Renee
Sheri Murphy-Wright
West
Renee Beeenenesees
Dick) Johnston
Bill Mann
Housing Division
Southam News
Roy MacLaren
Desai Williams
Tony Sharpe
Angella Issajenko
Jamie Astaphan
St. Kitts
Astaphan
Florence Griffith-Joyner
Griffith-Joyner
Issajenko
University of Toronto
Andy Higgins
U.S
Kenneth Clark
Molly Killingbeck
Edmonton
Church
Crampton
Newfoundland
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