Rate drop didn't stem bankruptcies in Canada
Canada faces record wave of bankruptcies in 1982 with 8,074 filings by September end, 43 percent above year-ago levels and just over 8,055 for all of 1981. Experts warn of deeper failures as high interest rates, weak demand, and inflation psychology press firms and individuals alike.
MENTIONED IN THIS ARTICLE
Ottawa
Department of Consumer and Corporate Affairs
Garth MacGirr
Canadian Insolvency Association
MacGirr
Steve Tanny
Woods Gordon
Tanny
North American
Western
Europe
U.S
Canada
Quebec
B.C
CP Rail to Shutter Three Shops for Seven Weeks
CP Rail will close heavy overhaul work at its Montreal Winnipeg and Calgary shops from Nov 15 to Jan 4, laying off about 3200 shopcraft workers over Christmas. Union leaders urge federal action while CN contemplates wider cutbacks and possible nationalization calls emerge in Ottawa.
MENTIONED IN THIS ARTICLE
Larry Black
Montreal
CP Rail
Winnipeg
Calgary
Canadian Council
Canada
Soviet Union
Asprey
Canadian National Railways
Moncton
Maurice LeClair
Ottawa
David Orlikow
Winnipeg North
Les Benjamin
Regina West
Welfare work plan sparks CUPE protest in Taber
Edmonton CP reports CUPE officials fear Bob Bogle's welfare work experiment in Taber may threaten municipal jobs. Jack Murray from Lethbridge calls the plan virtual slave labor while Taber mayor George Meyer defends it and Dave Eastmead questions safeguards.
MENTIONED IN THIS ARTICLE
Edmonton
Jack Murray
Canadian Union of Public Employees
Lethbridge
Social Services
Bob Bogle
Taber
Murray
George Meyer
Dave Eastmead
CUPE
Alberta
Eastmead
Reagan grain deal may anger Europe
President Reagan agreed to sell the Soviet Union up to 23 million tonnes of grain this year while denying high tech items. The move risks straining European allies but could win Midwest voters ahead of midterm elections. Black said Soviets may buy 18 to 20 million tonnes, though no assurance was given.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Soviet Union
Moscow
U.S
Midwest
John Black
Lebanese army opens fire on squatters in West Beirut
Beirut Reuters reports Lebanese army troops fired on a crowd of squatters protesting demolition plans. Security sources provided no casualty figures but papers and radios cited between one and eight dead, marking a severe flare in the army’s drive to assert authority in West Beirut.
MENTIONED IN THIS ARTICLE
Beirut
Reuter
West
Sindlinger calls $2000 pledge facetious in Alberta race
Sindlinger, Alberta Reform Movement leader, says his claim that every Albertan would get 2000 from the Heritage Savings Trust Fund was tongue in cheek. He argues Peter Lougheed’s plan spends 2.4 billion, and politics now features multi billion dollar pre election promises.
MENTIONED IN THIS ARTICLE
Ponora
Alta
Tom Sindlinger
Alberta Reform Movement
Heritage Savings Trust Fund
Peter Lougheed
Heritage Fund
Sindlinger
Progressive Conservatives
Notley outlines gas plant and highway twinning plans
NDP leader Grant Notley said in Medicine Hat the party would study a natural gas to gasoline conversion plant in the area and push faster twinning of the Trans-Canada Highway. He urged provincial support for municipally run utilities and proposed a royalty sharing at the wellhead to aid Medicine Hat's gas field purchases.
MENTIONED IN THIS ARTICLE
Alberta
New Democratic Party
Medicine Hat
Grant Notley
Notley
Clarence Smith
NDP
Government of
Alberta Municipal Financing Corporation
Peter Lougheed
Progressive Conservatives
Toronto Litton plant blast sparks denial from protest groups
A blast at Litton Systems Canada in suburban Toronto injured seven as police traced an anonymous van. Protest groups denied any role, condemning violence while noting the incident followed antiwar actions and a court ruling on Litton executives. Authorities pursued no arrests.
MENTIONED IN THIS ARTICLE
Toronto
U.S
Litton Systems Canada Ltd
Litton Plant
Robert Knapp
Litton Industries
Beverly Hills
Calif
Litton
Salt Lake City
Utah
U.S. Defence Department
Clarke MacDonald
United Church of Canada
United Church
Project Ploughshares
Christian Movement For Peace
Operation Dismantle
Cruise Missile Conversion Project
Peace
Project
Rosemary Cooke
Ontario Court of Appeal
Notley Blasts Tory Health Care History in Calgary Altmont
Alberta NDP Leader Grant Notley used the opening of the Walter Mackenzie Health Sciences Centre to attack the government’s medical care record. He cited a grim University Hospital memo predicting budget overruns and reduced real-dollar funding, while Premier Lougheed hailed the new centre as a premier North American facility.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta
NDP
Grant Notley
Peter Lougheed
Notley
University Hospital
Lougheed
Walter Mackenzie
North America
Bernard Snell
Snell
Sask to polls in municipal elections on Oct 27
Saskatchewan voters head to the polls October 27 for municipal elections with only one contested position in three southwestern towns. The note appears on page 3.
MENTIONED IN THIS ARTICLE
Saskatchewan
Also Mentioned on This Page
Provinces
Newfoundland
Nova Scotia
P.E.L
New Brunswick
Ontario
Manitoba
Nisku
CPR
Federal Transport and Labor Departments
John Asprey
Bogle
Union
Medicine Hat Ogres
Allan Fotheringham
Andrew Snaddon
Peedee Wee
Rene Wee
Ann Landers
Charles Lynch
Ee City News
Renee Don McGillivray
W. Gifford
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