Alberta mortgage subsidy trims rates to 12.5 percent
Premier Peter Lougheed unveiled an $11 billion Heritage Savings Trust Fund plan to cut home loan rates to 12.5 percent for the first 60 000 borrowed, plus subsidies to 14.5 percent for small business and farm loans. The two year program targets 225 000 households and reallocates fund income to finance the relief.
MENTIONED IN THIS ARTICLE
Edmonton
Heritage Savings Trust Fund
Peter Lougheed
Lougheed
Heritage Fund
Saskatchewan
Grant Devine
Tory
Alberta
Fidence
Alberta Heritage Savings Trust Fund
Dave Oliphant
City Chamber of Commerce
Medicine Hat
Oliphant
Bert Hargrave
Hargrave
Jeff Welling
Downtown Business Association
Welling
Aid program cheers Medicine Hat business leaders
Representatives of Medicine Hat's business community voiced strong support for Premier Peter Lougheed's Tuesday announced economic aid program. The plan will use funds from the provincial government to bolster local firms.
MENTIONED IN THIS ARTICLE
Medicine Hat
Peter Lougheed
Five hostages freed as Swiss police extend embassy siege deadline
Swiss police won the release of five more hostages in the Polish Embassy siege and gained a 48 hour extension on the deadline. Negotiations for the embassy staff and others continued as authorities weighed the possibility of a raid. The captors demanded an end to martial law in Poland and release of political prisoners, claiming 25 kilograms of dynamite and threatening to blow up the mission.
MENTIONED IN THIS ARTICLE
Bern
Poland
Housing subsidy welcomed by local housing officials in Medicine Hat
City housing industry representatives welcomed the Lougheed government mortgage subsidy unveiled Tuesday. HUDAC leaders said the plan will help the existing housing market and spur inquiries while cautions remained on new builds and the two year limit.
MENTIONED IN THIS ARTICLE
Malcolm Curtis
News City
Lougheed
Eric Fairbrother
Medicine Hat
Housing and Urban Development Association of Canada
HUDAC
TraveLodge Motor Inn
Peter Lougheed
Alberta
Fairbrother
Winfried Riedelmann
Winfried Construction Ltd
Garry Procter
Procter Developments Ltd
Procter
Secret talks push toward end of Falklands war in Toronto
Amid global economic turmoil Britain and Argentina hold discreet meetings in Toronto this week to formally resolve the Falkland Islands conflict. In other news on Page 9 Pam Shriver upsets Martina Navratilova in doubles at the U S Open. Page 19 notes Liberal gains narrow Tory lead.
MENTIONED IN THIS ARTICLE
Britain
Argentina
Toronto
Falkland Islands
Martina Navratilova
Pam Shriver
Planche rejects probe into Prince Rupert grain terminal tender
Edmonton Economic Development Minister Hugh Planche ruled out any investigation into the Prince Rupert Grain Ltd. tender. He backed the board’s choice of contractor for the Ridley Island project amid reports an alternative could have saved about 100 million dollars, noting the other firms did not submit a tender. The consortium includes PCL Construction Ltd. NCI of Minnesota and Choukalos Woodburn McKenzie Maranda Ltd.
MENTIONED IN THIS ARTICLE
Edmonton
Hugh Planche
Prince Rupert
B.C
Planche
Prince Rupert Grain Ltd
Alberta
PCL Construction Ltd
NCI
Minnesota Inc
Minneapolis
Choukalos Woodburn McKenzie Maranda Ltd
Vancouver
Ridley Island
Michael Thompson
Thompson
Canadian Everest expedition spirals into rout after defections
Six climbers quit the $800000 Canadian Everest expedition following two fatal accidents that killed three Sherpas and Blair Griffiths. Roger Marshall says the walkout signals loss of confidence in leaders while he contemplates a civil suit and explains he was dismissed for advancing ahead of the group.
MENTIONED IN THIS ARTICLE
Mark Wilson
Southam News
Vancouver
Canada
North Vancouver
Blair Griffiths
Roger Marshall
Golden
B.C
Marshall
Kathmandu
Calgary
Griffiths
Alan Burgess
Also Mentioned on This Page
Achille Casanova
Daniel Eckmann
Warsaw
Foreign Ministry
Tadeusz Kochorewicz
Redcliff
South Saskatchewan River
Ternoon
Jon Scott
Grits
Ann Landers
Ade Phaalkes
Enue
Charles Lynch
City News
Deere Eee Ees
Dee Eee
Ewes Entertainment
Graham Kelly Seber
Horosco
International News CO
Eee
Eae
John Walker
Everest
Burgess
Cho Oyu
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