Manitoba Hydro cash grab sparks opposition clash
Opposition Leader Stuart Murray criticizes the Doer government for raiding Manitoba Hydro revenues, claiming a total cost of 564 million to the Crown and a daily drain of nearly a million dollars. He cites Hydro's rising charges and fees to argue the NDP loots the utility to cover deficits.
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Stuart Murray
Manitoba
Murray
Gary Doer
NDP
Filmon
Winnipeg
Legislative Assembly
Doer
Manitoba Hydro
Crown Corporation
House
U.S
Hydro
Filmon Tories
Mr. Murray
Markets Fall as Mutual Funds Shed Money Stocks Slump Amid Uncertainty
The piece notes mutual fund redemptions outpacing inflows for the first time in years, with stock markets near post September lows. It cites high tech melt down Enron era ethics worries Middle East tension and US economic softness as factors driving volatility and shifting to housing as a safe bet. It includes a Toronto example of an older home sold for 875000 after a 1998 sale at 600000, illustrating price dynamics and the impact of low mortgage rates.
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Middle East
India
Pakistan
Toronto
Canada
Federal Reserve
Bank of Canada
Nine Eleven
United States
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