Commons may adjourn after mortgage bill passes
Ottawa reports Parliament nears recess as the House backs a bill to create a federal mortgage exchange corporation with 100 million dollars start up and 300 million borrowing power. The measure aims to attract private money, with tax concessions for investors, while critics call it a partial fix to housing and inflation.
MENTIONED IN THIS ARTICLE
Ottawa
Commons
Social Credit
Federal Mortgage Exchange Corporation
Crown Corporation
Roc LaSalle
Ind— Joliette
New Democrats
Liberal
New Democrat
Ron Basford
UN General Assembly Begins Agenda Hearings in NYC
The UN General Assembly opens its session arranging its agenda while Pakistani Prime Minister Bhutto makes an early appearance during his US visit. The steering committee will decide which of 104 provisional items are debated, as East and West Germany and the Bahamas join the UN and new member speeches conclude. The two German states pledge peace and cooperation, with East Germany aligning with socialist states and West Germany citing reunification considerations.
MENTIONED IN THIS ARTICLE
United Nations
United Nations General Assembly
Zulfikar Ali Bhutto
Assembly
Bhutto
United States
West Germany
Bahamas
Walter Scheel
Otto Winzer
Lyndon Pindling
Germany
Europe
Winzer
Scheel
Turner urges international controls on inflation spillover
Canada Finance Minister John Turner called for global limits on the impact of rich countries domestic policies on world inflation. Speaking at a Commonwealth finance ministers meeting in Dar es Salaam he urged IMF reforms to analyze and counter worldwide inflation effects ahead of the Nairobi IMF World Bank gathering. Turner cited two ways rich nations fuel inflation and urged a resolution to adopt his plan.
MENTIONED IN THIS ARTICLE
Dar ES Salaam
Tanzania
Reuter
John Turner
Canada
Commonwealth Meeting
Getty claims Ottawa breaching commitment
Alberta accuses Ottawa of breaking a cooperation framework over oil policy changes. Intergovernmental Affairs Minister Getty cites a price freeze and a 40 cent per barrel export tax as breaches after Ottawa failed prior consultation. Ministers Dickie and Macdonald acknowledge limited notice before policy announcements.
Stanfield backs provincial share of oil export tax
Conservative Leader Robert Stanfield urged Ottawa to let Alberta and other oil producing provinces keep the oil export tax proceeds. He indicated full proceeds should go to the provinces, while noting potential rebates to oil companies should be up to the affected province. The issue follows Ottawa plans to collect 15 million a month from U.S. oil buyers to insulate Canadians from price hikes.
MENTIONED IN THIS ARTICLE
Donsellar Southam News Services
Ottawa
Trudeau
Robert Stanfield
Stanfield
Alberta
Canada
United States
U.S
Peter Lougheed
Atlantic Canada
Don Macdonald
Liberal Party
Macdonald
Edmonton
Lougheed
Don Getty
William Dickie
Victoria
Confederation
British Columbia
B.C
Westcoast Transmission Co. Ltd
Vancouver
National Energy Board
Amoco Canada Petroleum Co. Ltd
Westcoast
Yukon
Northwest Territories
Commons
Amoco
Westcoast Transmission
Energy minister says Alberta still ready for talks
Ottawa Energy Minister Donald Macdonald denied that the federal export tax on crude oil has cut off discussions with Alberta. He said premiers Lougheed and cabinet members are ready to meet, despite reports of tension after Lougheed’s sharp criticism of the 40 cent per barrel tax. Macdonald visited Calgary for talks with oil industry representatives.
MENTIONED IN THIS ARTICLE
Ottawa
Donald Macdonald
Alberta
Calgary
Peter Lougheed
Lethbridge
Alta
Macdonald
Lougheed
Feed grain price under new policy announced
OTTAWA CP The agricultural products board is authorized to buy feed barley at 1.98 per bushel and feed oats at 1.16 per bushel under the new feed grain policy. These prices are below eventual Prairie wheat board prices but above initial wheat board payments. Otto Lang says the price structure acts as a price guarantee, allowing farmers to sell to the products board for one price or to the wheat board with an initial price plus a final year-end adjustment.
MENTIONED IN THIS ARTICLE
Ottawa
Agricultural Products Board
Canadian Wheat Board
Federal Marketing Agency
Wheat Board
Otto Lang
Products Board
Tennis match in Houston stirs gender battle and high profiles
In Houston at 8 p.m. EDT the RiggsKing match draws wide interest from activists and officials. Nixon aides doubt he will comment while Agnew plans to watch. Celebrities like Lindsay Hoffman and Gloria Steinem attend or watch from home. Discussions mix politics, gender rights, and sports stakes.
MENTIONED IN THIS ARTICLE
Houston
Riggs
Billie-Jean
Women’s Liberation
Nixon
Spiro Agnew
Houston Astrodome
New York
John Lindsay
Dustin Hoffman
Billie Jean King
Bobby Riggs
Gloria Steinem
Ms. Magazine
Billie Jean
Long Island
Washington
Barbara Howar
Also Mentioned on This Page
Klein
McLean
Sask
Liberals
Stuart Leggatt
NDP
New Westminster
Paul Hellyer
Toronto Trinity
UN General Assembly
Turner
Pease Drive
Getty
Government of
Bill Dickie
Mines and Minerals
Dickie
Hazel Wightman
Newton
Mass
Bobby
Robert Riggs
Wantaugh
N.Y
London
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