Ottawa boosts dollar support with higher Bank rate and U S bond sale
Ottawa raised the Bank of Canada lending rate to 8 percent from 7.5 and moved to offer 750 million dollars of Government of Canada bonds in the United States. Governor Bouey said the move aims to curb downward dollar pressures while Finance Minister Chretien filed the bond prospectus with the SEC ahead of U S sales.
MENTIONED IN THIS ARTICLE
Vic Parsons
Ottawa
Bank of Canada
U.S
New York
Gerald Bouey
Central Bank
Bouey
Jean Chretien
U.S. Securities and Exchange Commission
Government of Canada
Canada
Trudeau
Chretien
Prison hostage crisis enters second day in Quebec prison
Four armed convicts hold seven employees at a Laurentians prison near Montreal. Edgar Roussel 32 vows to die rather than surrender as mediators negotiate by telephone with Roland Simard 26 Lucien Jacques 32 and Bruno Ferracane 20 demanding 100000 dollars.
MENTIONED IN THIS ARTICLE
Pablo Fenjves
ST. Jerome
Que
Robert LaHaye
Pierre Boule
Claude Poirier
Greystone
Laurentians
Montreal
Edgar Roussel
Roussel
Roland Simard
Lucien Jacques
Bruno Ferracane
Carter seeks court order to end coal strike and force talks
The Carter administration asks a federal judge for an immediate injunction under Taft-Hartley to order 160,000 miners back to work and push negotiators to a new contract. Justice Department aides aim to curb the walkout, with potential contempt fines for unions or companies defying the ruling as President Carter awaits a fact finding report.
MENTIONED IN THIS ARTICLE
Washington
Justice Department
U.S. District Court
Carter
RCMP seize film of Cossitt in Ottawa probe
RCMP inspectors seized film from Global and CTV tied to the Tom Cossitt affair during a Feb 21 scrum outside the Commons. CTV turned over its film in sealed cans after legal review. The seizure comes as the government demands a secret document Cossitt claimed to possess be returned or risk action. Police await court rulings on the CTV motion.
MENTIONED IN THIS ARTICLE
Bill Fox
Southam
Ottawa
RCMP
Tom Cossitt
Global Television Network
CTV
Commons
Global
Cossitt
Leeds
the Commons
Soviet Union
Canada
Hotroom
Jean Jacques Blais
Craig Oliver
Cossitt Says RCMP Warrant Against Him
Progressive Conservative MP Tom Cossitt claims sources indicate a federal warrant exists for his arrest. He says RCMP hold the warrant and await government direction on service. Cossitt notes a government decision is needed before action and mentions a media raid he condemns. He plans a Brockville Chamber speech tonight.
MENTIONED IN THIS ARTICLE
Brockville
Ont
Tom Cossitt
Cossitt
RCMP
Ontario
Leeds
Jean-Jacques Blais
Convicts Free Two Prisoners During St Jerome Hostage Standoff
Four armed convicts holding seven guards hostage at La Prison Commun de St Jerome in Quebec allowed two inmates to leave the facility. Philippe Patrice aged 40 and Daniel Plante aged 19 were released without exchange. The other 13 prisoners remain in their cells in the same block, not involved and not threatened.
MENTIONED IN THIS ARTICLE
Brazil
Canada
la Prison
Commun de St. Jerome
Roussel
Dorchester
N.B
Simard
Archambault Prison
Jacques
Ferracane
Quebec
Millhaven
Ont
ST. Jerome
Que
Ronald Brunet
Philippe Patrice
Daniel Plante
la Prison Commun de St. Jerome
Alberta unveils 14 million annual home care plan
In the Alberta legislature, Social Services Minister Helen Hunley announced a 14 million dollar yearly home care program. The plan aims to deliver in home health and support services to elderly and handicapped residents, launching with a 3 million dollar grant to 27 health units and phased over four years with civilian volunteers and interagency cooperation.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta Social Services
Helen Hunley
Hunley
Alberta
Ethiopian Forces Recapture Deghabur in Ogaden Push
Ethiopian troops report retaking Deghabur 150 kilometers southeast of Jijiga as part of a counter offensive to quell the Somali revolt in eastern Ethiopia. Western observers say loss of Jijiga shifted the war, while Somalis retreat to mountains and vow continuation of fighting.
MENTIONED IN THIS ARTICLE
Nairobi
Kenya
Ogaden
Ethiopia
Deghabur
Jijiga
Western
Somali Liberation Front
Somalia
The
Liberation Front
Mogadishu
Dahir Hussein
Also Mentioned on This Page
Morgan Stanley and Co. Incorporated
Salomon Brothers
Wood Gundy Incorporated
A.E. Ames and Co. Incorporated
U.S. Treasury
Michael Blumenthal
Charles Schultze
Council of Economic Advisors
Medicine Hat
Finlay Bridge
Frank Webber
Beaudry
Normand Davignon
Rejean Durocher
Leger Dufour
Bruno Poirier
Jean-Marc Filiatreault
Archambault
Oliver
Blais
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