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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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