Canadian bankruptcies rise to 587 in April
The report shows 587 Canadian business bankruptcies in April, up 16.56 percent from 504 in the prior year, signaling a worsening trend in corporate insolvencies.
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Newspaper
Roblin Review
Location
Roblin, Manitoba, Canada
Date
Jun 10, 1981
Page
1
The report shows 587 Canadian business bankruptcies in April, up 16.56 percent from 504 in the prior year, signaling a worsening trend in corporate insolvencies.
Roger Worth of the Canadian Federation of Independent Business notes more than 16 000 firms may fail this year, driven by 21 to 22 percent interest rates. Government aid favors big firms like Chrysler and Massey Ferguson, while small enterprises bear the burden. The piece also covers duty-free exemptions for travelers and a July 1980 legal update disclaimer.
Canadian residents may qualify to bring home goods duty free after vacations. The rule extends to all ages and includes babies, provided the items meet the exemption criteria and value limits.
The Odd Job Squad hosted a May 30 car wash from 10:00 a.m. to 5:00 p.m. with 13 students washing about 45 cars in seven hours. The event, held in the Post Office lot thanks to Postmaster Hugh Kines, distributed $7.85 to each student.
About 440 Roblin area customers will see improved telephone service in June as part of a 34 million Rural Service Improvement Program project. Four party service will be replaced by individual lines for 13,400 customers across 170 communities, reducing line loadings to 2.8 to four per line and benefiting about 44,000 provincewide. Jim Park directs the local work with Bob Geyson announcing the plan. The note about rail history appears as a stray fact reference.
Katherine Shewchuk, 86, of Roblin Manitoba, died May 28 1981 at Roblin District Health Centre. Funeral June 1 at St Marys Ukrainian Orthodox Church MacNutt with Rev Peter Vladek and Rev Peter Hnatin officiating. Interment Parish Cemetery. Survived by children and grandchildren. long-time farmer’s wife who enjoyed church gardening and books.
Obituary notes Thomas Lupichuk born 1892 in Western Ukraine who died June 8 1981 in Winnipeg after a brief illness aged 89. He immigrated in 1901 married Mary Yaworski in 1916 farmed near Zelena and Togo then retired to Roblin in 1955 and Winnipeg from 1979. Surviving relatives include three sons a daughter and numerous grandchildren and great grandchildren.
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