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Newspaper
Roblin Review
Location
Roblin, Manitoba, Canada
Date
Mar 24, 1982
Page
1
Canadian bankers face pressure as the House of Commons Finance Committee weighs a probe into bank profits amid rising margins while the public endures economic hardship. Banks defend themselves with a high profile advertising push.
The passage argues an inquiry into bank foreclosures and high credit card rates, noting the tough questions on interest rate spreads despite Canada’s relatively solid banking system. It warns government action could rattle international money markets but could be beneficial if politicians remain fair and objective.
Mr. Desjardins justifies higher rates for the Rural Manitoba Personal Care Home Program citing substantial operating cost increases. The higher charges align with pension increases under Old Age Security and the Guaranteed Income Supplement tied to CPI changes.
Clara Henry travels to Winnipeg for an Award Dinner honoring her two sons Harvey and Len. Mrs. Andrews fell on ice and broke her wrist, now at Dauphin Hospital. Mrs. Pearl Limb is home from hospital and recovering after foot surgery.
Reggie's Ramblings notes a Liberal back bencher in Quebec's Assembly punching a PQ member amid the floor fray and refusing apology saying he was grabbed by his necktie. The column contrasts Ottawa warnings about federal funding with memories of Mackenzie King era restraint.
The plan shifts to a main station only count for nine rate groups. Residential Winnipeg lines rise $1.00 to $7.15 while other areas go up 60 cents to $1.00. Business lines up $1.20 to $3.20. Manitoba long distance gains 2 cents per minute. Installation and service charges rise. despite increases MTS remains among North America’s lowest rates.
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