Alberta minister urged explain why higher bid for Prince Rupert grain terminal
Opposition Leader Ray Speaker called on Alberta Economic Development Minister Hugh Planche to explain why a 320 million tender for the Prince Rupert grain terminal was accepted when a lower bid appeared possible. The Edmonton Journal reports the bidder group claimed a price about 170 to 230 million for various capacity plans, with concerns over value of public funds and project bungling.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta
Hugh Planche
Prince Rupert
B.C
Ray Speaker
Edmonton Journal
Speaker
Heritage Savings Trust Fund
PCL Construction Ltd
NCI of
Minnesota Inc
Minneapolis
Minne
Choukalos Woodburn McKenzie Maranda Ltd
Vancouver
Churchill
Man
PCL
H.J. Dawe
Allan Macpherson
Prince Rupert Brain
Macpherson
Consortium
Hugh Horner
Terrorists release two hostages at Polish Embassy standoff
In Bern the Polish Revolutionary Home Army freed two elderly women amid ongoing crisis talks with a Swiss police crisis team. Nine hostages remain as terrorists demand lifting martial law and release of political prisoners. A 48 hour deadline looms for Wednesday morning.
MENTIONED IN THIS ARTICLE
Bern
Polish Revolutionary Home Army
Ulrich Hubacher
Federal Justice and Police Ministry
Malgorzata Luczak
Hubacher
Warsaw
PAP
Col
Wysocki
Associated Press
Howe warns global economic cure may be painful
Britain’s Chancellor Sir Geoffrey Howe told IMF World Bank delegates that the cure for world economic ills could be more painful than the disease and urged a rapid, substantial increase in IMF resources despite U S opposition. He echoed Prime Minister Trudeau’s call for bigger fund contributions as the United States resists strengthening international institutions.
MENTIONED IN THIS ARTICLE
Toronto
Geoffrey Howe
Britain
International Monetary Fund
World Bank
Howe
United States
Trudeau
No relief for Dome in Ottawa plan
Prime Minister Trudeau says the federal government will not bail Dome Petroleum Ltd out of its $7.6 billion debt but Ottawa will continue helping the company and its banks seek a solution. Dome reports a $21.6 million first quarter loss and has cut spending and salaries for 4,200 workers.
MENTIONED IN THIS ARTICLE
Ottawa
Dome Petroleum Ltd
Trudeau
Dome
City council to plan restrained operating budget next year
Index Restraint ahead city council begins planning for next year’s operating budget. Officials imply careful spending and tighter controls as they shape fiscal priorities.
Lougheed to address economic resurgence plan on TV
Alberta Premier Peter Lougheed prepares a provincewide TV address to detail the economic resurgence plan tied to the Heritage Savings Trust Fund. The speech looms amid deficit concerns and possible mortgage and job-creation measures ahead of an election.
MENTIONED IN THIS ARTICLE
Mark Lisac
Edmonton
Alberta
Peter Lougheed
Chat-Tv
Cfcn-Tv
Lougheed
Saskatchewan Pcs
Heritage Savings Trust Fund
Lou Hyndman
Seven quit Everest team amid avalanches and retreat
The trouble-plagued Canadian Mount Everest expedition faced two fatal avalanches in five days and a walkout by seven members. Six climbers and the team doctor left base camp, while leader Bill March seeks Nepalese permission to climb via an easier southeast route. John Amatt carries the message to Kathmandu.
MENTIONED IN THIS ARTICLE
Nepal Tourism Ministry
Bill March
Calgary
Everest
Katmandu
John Amatt
Blair Griffiths
North Vancouver
B.C
Tim Auger
Canmore
Alta
David Jones
Auger
James Blench
Robert Williams
Jim Elzinga
David McNab
Invermere
Donald Serl
Vancouver
Six percent wage ceiling wins broad support across Canada
A Gallup poll shows 64 percent approve a six percent cap on federal wage increases, with 67 percent support for provincial ceilings and 63 percent for private sector adoption. Ontario and the Prairies favor stronger private sector restraint while premiers show mixed reaction to public wage limits.
MENTIONED IN THIS ARTICLE
Iain Hunter
Southam News
Ottawa
Trudeau
Gallup
B.C
Ontario
Prairies
Toronto
Ian Sinclair
Canadian Pacific Enterprises
Halifax
Imperialis
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Vancouver Company
Prince Rupert Grain
Medicine Hat
Blue Jays
Toronto Blue Jays
Jays
Scott
George Jatin
Ap-Cp
Reuters
Imperial Oil Ltd
Imperial
Mattson
Wayne Mattson
Connaught Golf Club
Jepihat
Allan Fotheringham
Ann Landers
Charles Lynch
Sameer
Christopher Young
Crete
Jeremy Cato
Loto
Hyndman
SEERA
Manitoba
Howard Pawley