Weather Outlook for Friday
Mainly cloudy with a 40 percent chance of precipitation. High around 13 and a low near 7. Page B6 map references provided.
04 Sep 1986
Page 1
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Newspaper
Medicine Hat News
Location
Medicine Hat, Alberta, Canada
Date
Sep 04, 1986
Page
1
Mainly cloudy with a 40 percent chance of precipitation. High around 13 and a low near 7. Page B6 map references provided.
Ottawa reports the Bank of Canada rate fell to 8.47 percent today from last week's 8.58 percent. The move signals a modest easing in borrowing costs amid ongoing economic adjustments. Institutional lenders may adjust prime rates following the decision.
Crown prosecutor Guy Dupre described a hectic day in courtroom 3.07 where 57 arraignments and 23 bail requests were handled. Five supervisors managed work normally done by 70 lawyers amid a 24 hour strike affecting about 200 prosecutors province wide. The court is nicknamed the zoo for handling serious arrests from the Montreal area.
Alberta doctors vote to accept a government compromise ending extra-billing on Oct 1. The deal, with opt-out rights and a $10 million yearly Medicare fee rise, creates annual fee change talks, binding arbitration, a disability plan, and a $3 million fund for extraordinary medical costs, while warning that opt-out would end Medicare.
Former industry minister Sinclair Stevens pressed for recognition of Magna International and its president Frank Stronach after praising their auto parts success. The inquiry examines conflicts of interest amid federal aid and a 125 million dollar memorandum of agreement with Magna through 1989 and a 2.6 million loan linked to Stevens' wife.
The Canadian Conference of Catholic Bishops called on Catholics and other Christians to influence public debate on Sunday shopping. They urged joining with other groups, lobbying businessmen, and supporting a common day of rest as Ontario's Sunday closing laws face Supreme Court review.
EDMONTON CP The Gainers Inc meat packing plant strike resumes as owner Peter Pocklington and UFCW official Ed Seymour pledge to bargain today during a radio interview. Pocklington says optimism hinges on speaking a common language and moving beyond past disputes.
John Wiebe, a 40 year old Saskatchewan grain farmer, explains how a large harvest may still bring losses due to a world surplus and low prices. He expects about 3.20 dollars per bushel for wheat, projecting a 1986 loss of over thirteen thousand dollars despite high input costs. He cites drought, hail, and policy debates in Ottawa and Washington as key factors and notes his FARM group aims to lobby for better farm economics.
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