ALBERTA TREASURY BRANCHES SUBSIDY AIDING BANKING EDGE
A study funded by Credit Union Central finds Alberta Treasury Branches receive about 30 million dollars yearly in subsidies from 1981 to 1995. The work by Glen Mumey and Randy Otto says the subsidy gives a competitive advantage over chartered banks and credit unions. They note 0.34 percent higher returns for banks and 20 million in offsetting government subsidies plus 10 million in deposit guarantees.
MENTIONED IN THIS ARTICLE
Edmonton Iberia
Treasury
Credit Union Central
Glen
Mumey
U of A Finance Department
Randy Otto
Alberta
Canada
Deposit Insurance Corporation
Otto
Larry Pollock
Canadian Western Bank
Tomatoes at heart risk? Study links help to cancer risk
A University of Toronto study links tomatoes and processed tomato products like paste and ketchup to heart health. Researchers say lycopene in tomato products reduces cell damage and DNA mutations, potentially lowering chronic disease risk over a year. Dr Vetket Rao notes the findings involve tomato products and lycopene's protective effects.
MENTIONED IN THIS ARTICLE
Toronto
University of Toronto
Vetket Rao
U of T
Library policy bans reading at recess at Belmead Elementary
An Edmonton parent challenges Belmead Elementary policy requiring silence in the library pit during recess. Evelyn Bolton says students cannot read or do homework there, while Principal Ken Kellough cites a policy to limit missed recess for health reasons and to curb permissions.
MENTIONED IN THIS ARTICLE
Edmonton
Belmead
Evelyn Bolton
the Pit
Bolton
Laura
Ken Kellough
Kellough
Missing 87-year-old Hatter sought in Cypress Hills search
Civil emergency crews including British Army Training Unit Suffield officers fly a helicopter over Cypress Hills with a park ranger to locate Jim Tulloch, 87, who left Crescent Heights to ice fish and did not return. He drives a green 1995 Toyota Tercel license plate RZD122.
MENTIONED IN THIS ARTICLE
Army
British Army
Suffield
Cypress Hills
Jim Tulloch
Batus
Tulloch
Ken Beattie
CFB
Hat
Garry Chinook
Crescent Heights
Gwen
Ron Schindle
Bull Head Reservoir
Cavan Lake
Bre-X geologist plunges to death in Indonesia
Filipino Bre-X Minerals geologist Mike de Guzman fell from a helicopter en route to the Busang gold deposit. Police say a suicide note was recovered. body not found, search hampered by dense forest. De Guzman, 40, helped identify Busang as a world class gold project.
MENTIONED IN THIS ARTICLE
Jakarta
Indonesia
Canada
Bre-X Minerals
Iwan Isment
Kutai
Busang
Mike de Guzman
de Guzman
Isment
Borneo
Guzman
City keeps low risk investments after Olympia and York loss
Ottawa like city council preserves conservative portfolio after recouping 57 percent of its 2.5 million Olympia and York stake. Aldermen stress public funds must avoid high risk, despite lesson from the bankruptcy and partial recovery.
MENTIONED IN THIS ARTICLE
City Hall Ce Council
Olympia
York Developments Ltd
York
Ald
Kathy Mandeville
George Renner
Mandeville
Luciano Dalla-Longa
Safeway workers predict province-wide Alberta strike mandate
United Food and Commercial Workers Local 401 president Doug O Halloran says about 75 to 80 percent of Alberta Safeway workers may back a province wide strike. Votes from bakers meatcutters and deli staff show 75 to 100 percent mandates in cities like Tabor and Brooks as talks with Canada Safeway stall.
MENTIONED IN THIS ARTICLE
Edmonton Uion
Canada Safeway
Shaw Conference Centre
Doug O’halloran
United Food and Commercial Workers Union
Safeway
Tabor
Brooks
O’halloran
O'Halloran
Also Mentioned on This Page
Southam
Ann Landers
City News
Reese Bo Doonesbury
Tannis Toohey
Jimmy Mann
Medicine Hat Arena
Medicine Hat Emergency Service
Medicine Hat Women’s Shelter
Bre-X
Council Swallows
O&y
Andrew Ehrkamp
Medicine Hat News
Southam NE
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