Canada Faces Rising Interest Rates Hit Households and Firms
Canadians reel as rates rise again after years of 20 percent plus levels. Homeowners with five year mortgages face higher payments, some lose homes, and small firms slash staff and cap expansion. Bankruptcy rates approach record highs while large businesses endure the strain.
MENTIONED IN THIS ARTICLE
Canada
Canadians Learn Hard Lessons From 20 Percent Interest Rates
The piece discusses how government bailouts and bank leniency shifted losses to debtors and delayed payments. It notes a consumer shift to repaying debts, reduced borrowing, and a rise in flea markets as shopping habits changed. It warns that higher rates still provoke anxiety and skepticism about future rates.
Donation boost funds Roblin library furnishings
A community drive for the Roblin and District Library raised funds for furnishings shelving and incidentals. Evangeline Rebekah Lodge No 41 presented a $500 cheque to library committee members Betty Paley and Grace Skomorowski. Local service groups Lions Club Kinsmen Kinettes and 50 Over Club plus private donors contribute to the fund.
MENTIONED IN THIS ARTICLE
Roblin and District
Evangeline Rebekah Lodge No. 41
Betty Paley
Grace Skomorowski
Library Committee
Lions Club
Kinsmen and
Kinettes
50 & Over Club
Roblin
Opposition grills finance plan to sell government building shares
Reggie's Ramblings notes in Winnipeg the Legislature grilled Vic Schroeder over raising funds by selling shares in government buildings while neglecting to ask about brisk sales. A Winnipeg family head blames price wars for benefiting only newspaper ad sales staff as Premier Pawley backs House Leader Anstett, though the quote lacks context on what he means by equal.
MENTIONED IN THIS ARTICLE
Vic Schroeder
Memorial Park
Winnipeg
Pawley
Anstett
Grass clippings on lawns should you leave or collect
Experts debate clipping disposal. Leaving clippings can return nitrogen to soil and green the lawn, but large clippings may smother growth and create thatch. Mow frequently or use a mulching plate to keep clippings small, and avoid removing more than one third of blade per mowing. Collect if thatch-prone.
MENTIONED IN THIS ARTICLE
St. Augustine
Bermuda
Zoysia
Everyday Law on the Water in Canada
Legal guidance notes dangers of boating and water skiing with penalties for dangerous conduct. Officers may require breath samples for alcohol impairment. refusers face charges. Operators must stop and aid injured parties after any incident. © 1983 Canada. laws may change.
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Roblin Review
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