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Russell Banner in Russell, Manitoba

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Articles on This Page

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Newspaper

Russell Banner

Location

Russell, Manitoba, Canada

Date

Feb 05, 2002

Page

6

Manitoba faces $408 million repayment overpaid by Ottawa

Manitoba Finance Minister Greg Selinger reacts to a federal demand to return 408 million dollars in overpayments from 1993 to 1999 amid Ottawa computer errors. Premier Doer warns of budget impacts while other provinces face similar clawbacks.

Manitoba Greg Selinger Chretien Ottawa Selinger NDP Gary Doer Canada Customs and Revenue Agency CCRA Ontario British Columbia Alberta Mutual Fun Holdings Auditor General Auditor-General Federal Revenue Elinor Caplan Ottawa Press Gallery Mitoba Winnipeg Investors Group Inc Canada Great West Life Assurance Company Doer Noncho Filmon

The Dollarette Slips and Why Rates Stay Low

The column argues the Canadian dollar hit a record low as officials warn of currency risks while promising to use reserves and lower rates to support it. It advises investors to favor income funds and equities, suggests aggressive RRSP strategies with labour funds, and recommends staying with variable-rate mortgages to preserve cash flow amid a low-rate outlook.

Bank of Canada Paul Martin David Dodge Bank of Montreal Tic International CIBC BeeMo Scotia TD Canada Trust

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