Canada opens door to Middle East money
Canada signals welcome to petrodollars as Finance Minister John Turner tours Iran, Saudi Arabia, Kuwait and Algeria and says investment from oil producers is not barred. He notes current foreign investment laws apply to all, and aims to protect oil purchasing power while addressing tax agreements with France to avoid double taxation. PMID
MENTIONED IN THIS ARTICLE
Canada
Middle East
Ben Tierney
Southam News
Paris
North Africa
Iran
Saudi Arabia
Kuwait
Algeria
John Turner
Turner
Jean Pierre Fourcade
Refugee flows continue as ships unload in Philippines
The Navy began unloading about 70 000 South Vietnamese refugees at Subic Bay Philippines while eight ships stayed offshore for late stragglers. In Thailand 600 Phnom Penh refugees reach the border in good health with 120 delayed. Red Cross says they were well treated during a 34 day journey.
MENTIONED IN THIS ARTICLE
Associated Press
U.S. Navy
Subic Bay
Philippines
Navy
Vietnam
South Vietnam
Thailand
Phnom Penh
Aranyaprathet
Red Cross
Khmer Rouge
Hue
Daniel de Luce
Tories Press Grain Legislation Addressing Insurance Gaps
In Ottawa, Progressive Conservatives urged tailor made grain stabilization to fill crop insurance gaps. Critics noted drought and weather risks drive high premiums while ministers said the bill would supplement existing programs, funding producers in Manitoba Saskatchewan Alberta and NE British Columbia.
MENTIONED IN THIS ARTICLE
Ottawa
Gordon Towers
Red Deer
Alberta
Towers
Otto Lang
Wheat Board
Manitoba
Saskatchewan
British Columbia
Walter Dinsdale
Brandon- Souris
Prairies
Jack Horner
Crowfoot
Allmand May Resign Over Death Penalty Hangings
Ottawa Solicitor General Warren Allmand warned he may resign or quit the cabinet if any death row prisoner is hanged. He said he would not be associated with a hanging and could seek another portfolio if a hanging occurs as a cabinet decision on Rene Vaillancourt’s case looms. Eight men remain on death row.
MENTIONED IN THIS ARTICLE
Ottawa
Warren Allmand
Commons
Rene Vaillancourt
Toronto
Don
Allmand
Vaillancourt
Trudeau
Gas price rise to be approved by PM on Monday
Ottawa reports a cabinet decision to raise the price of natural gas exported to the United States, pending Prime Minister Trudeau's approval. Energy Minister Donald Macdonald said no final decision was taken yet, with a likely increase of 50 to 60 cents on the current $1 per thousand cubic feet. The move follows a National Energy Board recommendation, and the government plans to inform the U.S. government and producing provinces before public announcement.
MENTIONED IN THIS ARTICLE
Ottawa
United States
Trudeau
Donald Macdonald
the Commons
Jamaica
Commonwealth
Macdonald
National Energy Board
U.S
Beer sale shift sparks mixed BC grocery reactions
In British Columbia the plan to let corner stores sell beer drew varied response. Supermarket chains weigh impact while small grocers and associations welcome potential access but seek clear definitions and controls on bottle returns and age verification. Local officials caution budgeting and policing considerations.
MENTIONED IN THIS ARTICLE
Vancouver
Alex MacDonald
BCTV
Capital Comment
Marilyn Chilvers
Canada Safeway Ltd
British Columbia
Shirley Ann Brown
Super-Valu
IGA
Grant Louie
Louie
Lower Mainland
Miyo Ling
Gary
Fraser Valley Merchants Association
Vernon
Also Mentioned on This Page
Saigon
Foreign Ministry
Washington
Malaysia
Singapore
Taiwan
Chatichai Choonhaven
USS
Hancock
Guam
Blue Ridge
U.s.-Philippines
7Th Fleet
Phu Quoc Island
Cambodia
B.C
Peter Choi
Independent
Grocers’ Association
Kamloops
al Thompson
C. J. Methot
Herb Barber
Nick Shargee
Vernon Rcmp
Bob Neil
Frank Williamson
Williamson
Quebec
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