04 May 1962
Page 1
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Newspaper
Medicine Hat News
Location
Medicine Hat, Alberta, Canada
Date
May 04, 1962
Page
1
The doctors applauded the premier's announcement while one doctor, Dr. Robert Bradley the Medical Health Officer for Swift Current, stood alone in favor and attempted to speak as he urged voting on practicing under the plan.
The scene includes a demonstrative protest before Premier Lloyd as doctors plan a secret vote Friday on the plan. Premier Lloyd cites many doctors favoring the plan while Dr. Dalgiesh questions how to practice under it post July 1. News notes Erb’s resignation coincidence and a potential new job offer from a doctor-sponsored group.
An official source dismisses reports that President Nasser was shot. The president is described as sound and well. The Middle East News Agency also denies the claim, circulating its denial outside the United Arab Republic.
The text notes a policy move fixing the Canadian dollar around 92 U.S. cents, detailing Fleming’s April budget stance, April–May market pressures, and the IMF safeguard. It discusses exchange fund losses, reserves, and potential future government policy after the June 18 election.
The piece tracks CPA and TCA performance with fatality and mileage stats, noting CPA’s 124 deaths over 9.49 billion miles and CPA’s 104 deaths over 2.49 billion revenue miles. It details CPA's profits and losses since 1947, including a $7.6 million loss in the previous year, and predicts potential merger or collapse as both carriers expand despite deficits.
Vancouver CP reports the Air Transport Board hears claims that Pacific Western Airlines misled investors in its 1961 annual report using new depreciation methods. F G Winspear of BC Airlines says the airline would show a loss close to 25 000 lower than 1960 without such accounting and asset sales. The BC Airlines plan proposes three regional air service areas across Western Canada replacing trunk services by TCA and CP Air Lines.
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