Manitoba cattle industry faces possible long term hardship in 2004
The piece warns that after a disastrous year 2003 for cattle producers due to mad cow disease concerns and US bans, Manitoba may need substantial extra aid in 2004. It notes potential budget strain, possible use of the Fiscal Stabilization Fund, and calls on Premier Doer and Agriculture Minister Wowchuk to safeguard ranchers and rural Manitoba amid ongoing trade tensions with the United States.
MENTIONED IN THIS ARTICLE
Alberta
United States
Canada
Manitoba
U.S
Washington
Ottawa
Robert Speller
Gary Doer
Rosann, Wowchuk
Fiscal Stabilization Fund
NDP
Mad Cow fears hit North American economy and mortgages
A single mad cow case in Washington state rattles North American beef markets. Prices drop sharply, exports to the U S and Canada face strain, and the Bank of Canada may cut rates to below 4 percent by spring. Mortgage costs and real estate activity could ease as cheap money returns, while producers face pressure from lowered demand and possible subsidies.
MENTIONED IN THIS ARTICLE
Washington State
Canada
Bellweather Chicago Mercantile Exchange
Washington
Alberta
U.S
Toronto
Prince Edward Island
British Columbia
Feds
Bank of Canada
Also Mentioned on This Page
Warry Bel
P.O. Box
Russell
Ontario
Saskatchewan
Financia
Canad
NER