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Russell Banner in Russell, Manitoba

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Newspaper

Russell Banner

Location

Russell, Manitoba, Canada

Date

May 25, 1999

Page

6

Manitoba health workers face province-wide strike clock

CUPE and the Filmon government face a May 27 deadline to settle a contract dispute for 8,500 health care support workers in Manitoba. A possible province-wide strike would affect 80 facilities, with mediation sought after a wage offer of six percent over three years, far below the nurses’ 13.5 percent settlement. Some workers and callers argue for higher pay, others defend the essential-status limits that constrain strikes.

Manitoba Canadian Union of Public Employees Filmon CUPE Eugene Kostyra Sterling Lyon Howard Pawley Kostyra Pawley Manitoba Nurses Union Goverment MNU Winnipeg Concordia Grace Ars

Real estate wins while banks push equity loans for growth

A Royal Bank and Manulife poll show Canadians favor real estate as a safe investment amid 6 percent mortgage rates. Homeowners hold equity in paid off homes, with 75 percent unlikely to borrow against it. The Turner Report notes a shift as major banks offer lifetime lines of credit like Canada Trust Powerline and Scotia Total Equity Plan. The author outlines five guidelines for using home equity to buy growth assets, emphasizing long term, tax deductibility, and professional advice.

Royal Bank Manulife Canada ING Bank Granville Island Vancouver Commerce Scotia and Canada Trust Scotia Bid.com

Also Mentioned on This Page

Russell Banner P.O. Box Russell, Manitoba Main Street Russell Two Chaloner Publishers Ee Ee Nin Ontario Saskatchewan Editorial THE Turner Report By Garth Turner Toronto Dow Jones New York Greece
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