09 Sep 1982
Page 1
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Newspaper
Medicine Hat News
Location
Medicine Hat, Alberta, Canada
Date
Sep 09, 1982
Page
1
Alberta premier Peter Lougheed announces mortgage subsidy cheques totaling about 750 million will be mailed to homeowners next month. The plan includes a 12.5 percent interest rate subsidy on the first 60 000 of mortgages for two years beginning Sept 1.
Swiss police stormed the Polish Embassy in Bern and freed five hostages after using a remote controlled bomb hidden in a food container to blow down the door. Four gunmen were arrested after threatening execution and demanding Poland lift martial law.
Chief Justice Deschenes ruled that children with English-educated parents may attend English schools in Quebec, striking the Bill 101 provision restricting English schooling. The decision challenges the 1977 law and may prompt appeals up to the Supreme Court. ~1,500 students affected.
Grimms praises Premier Lougheed subsidy programs as a possible boost to the economy. Ted Grimm, mayor of Medicine Hat, expects positive effects from the policy package announced this week.
Premier Peter Lougheed faces mixed reaction as Alberta's interest rate relief targets the first 60 000 of mortgages with a 12 percent rate. Opponents call it a misfire while farmers and businessmen hail relief, noting a $1 billion annual cost for two years to aid mid income borrowers and small enterprises. Notley charges subsidizing eastern interests and warns of a Bay Street push into the Heritage Fund.
Medicine Hat officials and volunteers kick off Centennial Celebration 83 with a 12 month calendar of events. Oscar Weiss chairs a 40 member committee with a $220 000 budget and plans to promote year long cultural and sporting activities attracting participants regionally and beyond. The calendar includes curling championships sledge hockey tournament provincial plays and a winter carnival ahead of the official birthday June 10 1983.
The Canadian Everest expedition won Nepal approval to switch from the hazardous South Pillar to the traditional South Col path after the death of a cameraman and four Sherpa guides. Six climbers left citing danger. Bill March and others stay to continue the ascent amid severe weather.
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