17 Sep 1981
Page 1
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Newspaper
Medicine Hat News
Location
Medicine Hat, Alberta, Canada
Date
Sep 17, 1981
Page
1
Ottawa cabinet discusses rising mortgage distress with homeowners in dire straits as 280000 face renewals this year and 500000 more within a year. Prime Minister Trudeau had promised aid for those at risk of losing homes amid rates above 20 percent, while public protests erupt.
In Grand Rapids Trudeau and Reagan prepared for a critical talks on nationalist Canadian energy policies and U S retaliation fears. Canadian ministers warn tougher sanctions would hurt both nations as Congress weighs tighter rules on Canadian ownership in U S firms.
In Ottawa the Federal Court of Canada rejected the government's contempt bid against air traffic controllers who refused to clear flights in August. Justice James Jerome found no contempt evidence, though Transport Minister Pepin says discipline may proceed under public service rules for the August boycott linked to safety concerns and union actions involving the Canadian Air Traffic Control Association.
An eastbound CP Rail freight train derailed near Beverly west of Swift Current after striking a parked earth grader at 12:30 a.m. Two locomotives and 22 cars left the tracks but no injuries were reported. Some cars carried anhydrous ammonia and fertilizers. no leaks or major damage occurred. Via Rail passengers were bused between Swift Current and Medicine Hat.
A sparse crowd at the National Arts Centre witnessed the unveiling of The Lines of the Poet a 100 copy hand-printed portfolio from Monk Bretton Books priced at 2500 dollars until January 1. The tome features 14 poets including works by F R Scott and Leonard Cohen missing only Cohen's autograph.
Edmonton reports cabinet whispers push municipalities to borrow less. Medicine Hat may need to seek commercial lenders for millions to buy natural gas reserves as Alberta Municipal Affairs Minister Marv Moore and Treasurer Lou Hyndman confirm letters urging tighter spending went out two weeks ago.
Officials warn MFC is strained by unprecedented municipal demand as capital needs rise. The 11 percent loan rate may stay until next budget, with cabinet reviewing it. governments pledge to honor prior commitments while tightening belt and prioritizing housing, agriculture, and telecom funding.
Beef skeptics in Saskatchewan remain doubtful about the provincial government's new marketing plan. Most say they will wait and see before raising any beefs as the policy unfolds.
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