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Russell Banner in Russell, Manitoba

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Russell Banner

Location

Russell, Manitoba, Canada

Date

Mar 04, 2006

Page

6

Fotheringham’s World on Paul Martin and Liberal Leadership

The column attacks Paul Martin as selfish and ineffective, mocks his resignation as Liberal leader, and satirizes party politics in Canada. It highlights interim leader Bill Graham, the leadership race involving McKenna Manley Rock Tobin, and critics like Sheila Copps and Michael Ignatieff.

Paul Martin Canada Liberal Party House of Commoners Montreal Grits Bill Graham Toronto Liberal Party of Canada P. Martin Frank McKenna John Manley Allan Rock Brian Tobin Erals Joe Broggs Moose Jaw Ottawa Sheila Copps Belinda Stronach Scott Brison Liberal David Emerson Bob Rae NDP Ontario John Power Corp Tommy Douglas CCF/NDP Michael Ignatieff Harvard Toronto- Rosedale Martin Trudeau Sussex Etobicoke Doug Fisher Ottawa Press Gallery

Bank of Canada Again Raises Rates to 5.5 Percent

Editorial notes fifth rise since September with a 0.25 point hike bringing prime to 5.5 percent. Economists expect another 0.75 point rise by late summer pushing prime toward 6.25 percent. Variable rate mortgages and lines of credit will rise. borrowers with fixed loans feel smaller relative increases.

Bank of Canada King & Bay Central Bank

Rates rise again and real estate faces a slow correction

The Turner Report notes mortgage costs edge higher while the Bank of Canada and the US Fed push rates up. Despite an eight year housing run, prices near historic highs and incomes flat, triggering a gradual demand slowdown and a healthy market correction rather than a crash. Garth Turner says cycles continue despite higher payments.

Federal Reserve Iraq Afghanistan

Also Mentioned on This Page

Fotheringham’s Stephen Harper Quebec Harper Oscar Wilde George Bernard Shaw Russel Russell Manitoba Conde Sonation Tenon Aasomnes Progr 2 Editorial Senii Turner Report Natch United States Vanues Garth Turner Garth
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