Lac du Bonnet byelection boosts Tory lead and reshapes Manitoba
Beausejour lawyer Gerald Hawranik won Lac du Bonnet for the Progressive Conservatives with 3396 votes, defeating NDP's Mike Hamelik and Liberal George Harbottle. The result, amid NDP criticisms of health care and education, strengthens Stuart Murray's rural campaign and leaves Manitoba's legislature at 32 NDP, 24 Tories, and one Liberal.
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Jon Gerrard
Real estate boom faces higher rates dampening frenzy
Garth Turner reports that mortgage rates rising in 2002 slow a housing surge as banks lift prime and fixed terms. He notes stronger economy, rising wages, and inflation concerns, predicting higher Canadian rates through year end and a shift back toward stocks and mutual funds.
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