Nine per cent NHA rate looms by April first
Duart Farquharson explains how rising NHA mortgage costs affect Canadian workers and housing choices. He notes a shift from total cost to monthly payments, the role of CMHC in lending, and the hope that banks will resume widespread mortgage lending. He cites January starts up 40 percent but apartment shares high, with families still challenged by high prices.
MENTIONED IN THIS ARTICLE
Duart Farquharson
Toronto
CMHC
Prairies
Maritimes
E. J. Benson
Ottawa backs easing housing down payment rules
The Commons approved amendments to the National Housing Act to simplify down payment access. Buyers can borrow up to 95 percent of assessed value to a loan cap of 18 000, lowering the required down payment to about 1 000 on a 19 000 property, while critics say the change still excludes many Canadians earning under 8 000 yearly.
MENTIONED IN THIS ARTICLE
Commons
Senate
Sharp tax bill gains Liberal support in Commons
Ottawa Liberal government moves to pass Finance Minister Sharp's tax bill as debate begins in the Commons Monday. A.B. Patterson of Social Credit signals support, while Conservative, NDP, and Creditiste MPs announce opposition. The bill would impose a three percent surtax on personal and corporate income, with Senate consideration to follow after swift passage in the House.
MENTIONED IN THIS ARTICLE
Ottawa
Sharp
Commons
A. B. Patterson
Social Credit
Patterson
Liberals
Conservatives
NDP
Creditistes
Independent
Terry Nugent
Edmonton-Strathcona
the Commons
Grace MacInnis
NPP
Vancouver-Kingsway
Winters urges foreign investment for Canada growth
Liberal leadership hopeful Robert Winters tells Halifax rally that Canada cannot reject foreign investment without a lower living standard. He argues economic nationalism but supports foreign investment as essential to growth, while Trudeau advocates Vietnam war stance. External Affairs Minister Martin promotes Summerside airbase amid student protests. Kierans notes Quebec Ottawa tensions and Gabon invitation highlighting provincial diplomacy concerns.
MENTIONED IN THIS ARTICLE
Robert Winters
Halifax
Canada
Winters
Liberal Party
Pierre Elliott Trudeau
London
Ont
Vietnam
U.S
Martin
Prince, Edward Island
Summerside
Prince of Wales College
St. Dunstan’s University
Eric Kierans
Prince Albert
Quebec
Ottawa
Gabon
Kierans
CNR commits to pay fees on wilderness line long term
Alberta Provincial Treasurer A. Aalborg says the CNR is committed in writing to pay tonnage based fees on a freight hauled over the wilderness line when completed. The 1965 agreement funds advances for construction, with rent applied to interest and repayment, and the CNR may buy the line once all advances are repaid.
MENTIONED IN THIS ARTICLE
CMHC
Insurance and Trust
CNR
Lou Hyndman
Edmonton West
Aalborg
Six Negroes to Die in Salisbury Hangings Monday
Reuters reports last minute appeals for six condemned men awaiting execution at Salisbury central prison. Three may face gallows first after 8 a.m. with two already seeking clemency for shotgun killings of a tribal chief. Prime Minister Ian Smith pledges to press ahead despite international condemnation.
MENTIONED IN THIS ARTICLE
Salisbury
Reuters
Salisbury Central Prison
Francisc Chimsoro Chiresa
Takanyare Heremiah
Ian Smith
Amen Chikwakwata
Herbert Sambo
John Malanzo Ndhlovu
Grocery probe urged into Prairie retail giants
Consumer Affairs Minister Turner says the federal combines branch will investigate the Prairie grocery sector. He notes the dominance of Canada Safeway and Weston companies and aims for an inquiry under the Combines Investigations Act if substantiated. A federal provincial consumer affairs conference will be called.
MENTIONED IN THIS ARTICLE
Winnipeg
Consumers Affairs
Turner
Federal Combines
Prairies
Liberal Party
Calgary
Royal Commission On Consumer
Canada Safeway Ltd
Weston Companies
Loblaws Food
Combines
Prairie
Maritimes
Quebec
Manitoba
House of Commons
Virginia Bone Hoax Disqualified In Essex Beauty Contest
Virginia Bone, posing as 18 year old mathematics student John French, won a charity pageant at an Essex university but was disqualified after forgetting to shave. Gaye Bradley received the crown amid cheers, while the hoaxer drew praise for her legs.
MENTIONED IN THIS ARTICLE
Chelmsford
England
Reuters
Virginia Bone
Essex University
Miss Bone
John French
Gaye Bradley
French
Also Mentioned on This Page
The
George Chatterton
Esquimalt-Saanich
Hellyer
Pary Lane
Sharps
Scs
Tainty
Priday
Nation Housing Act
Raymond Langlois
Megantic
Little Cloud
United States
Arthur Dixon
Smith
Samson Majengwa
Clifford Dupont
Bernard Sheridan
Virginia
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!