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Russell Banner in Russell, Manitoba

12 Jan 1999

Page 6

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Russell Banner January 12, 1999 Page 6 old newspaper archives

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Newspaper

Russell Banner

Location

Russell, Manitoba, Canada

Date

Jan 12, 1999

Page

6

Downey to retire after twenty-two years in Manitoba legislature

Eye on the dome reports Progres sive Conservative MLA Jim Downey announces retirement after 22 years. Downey, 57, from Arthur Virden, hinted at farming near Melita or an agri business venture and will co chair the Tories 1999 re election campaign.

MENTIONED IN THIS ARTICLE

Jim Downey Manitoba Arthur Virden Linda Melita Gary Filmon Downey Filmon Tories Steinbach Albert Dreidger Glen Findlay Springfield Sterling Lyon Harry Enns Lakeside Enns Duff Roblin Walter Weir Woodside New Democratic Party Leonard Evans Schreyer Brandon East Evans Gary Kowalski The Maples Winnipeg Grits Kevin Lamoureux Inkster Neil Gaudry St. Boniface Jon Gerrard
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Turner Report urges higher foreign content in RRSPs

The Turner Report argues Finance Minister Paul Martin should allow Canadians to hold more foreign assets in RRSPs. It notes many avoid foreign content yet shows how Canadian and US markets performed in 1998, with modest TSE gains versus strong Dow Nasdaq and S&P gains.

MENTIONED IN THIS ARTICLE

Paul Martin Martin Dow Industriat Ned Standard & Poors
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Invest Outside Canada for Retirement Portfolios

The piece argues retirees should favor stocks and international funds over Canadian assets and GICs. It warns Canadian RRSPs are risky if kept 80 percent domestic, urges reducing foreign content limits and diversifying into US, European, and Far East funds to offset low Canadian yields and looming rate shifts.

MENTIONED IN THIS ARTICLE

Canada Paul Martin Far East Loonie
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Also Mentioned on This Page

Russell Banner P.O Russell, Manitopa Russell Main Street Chaloner Publishers Ceptote Ontario Saskatchewan Provinces Petia Iar Et Editorial Spiro Hawaii Turner Report Bouchard Quebec
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