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Russell Banner in Russell, Manitoba

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Articles on This Page

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

Newspaper

Russell Banner

Location

Russell, Manitoba, Canada

Date

Oct 13, 1998

Page

6

Manitoba Premier highlights strong growth and diversification

Premier Gary Filmon told Manitoba Chamber of Commerce at Fort Garry Hotel that the province enjoyed 14 percent growth since 1995, second only to Alberta. He cited contracts totaling 108 million, a Dutch plant in Brandon, and several expansions in aerospace, agribusiness, and Hog processing, noting 20 percent of GDP from financial services and leading roles in multiple industries.

Manitoba Gary Filmon Manitoba Chambers of Commerce Winnipeg Winnipeg Free Press Standard Aero U.S Filmon Great-West Life Assurance Company Canada Investors Group Inc North America Brandon Chamber

October market fears and a call to stash wealth

The Turner Report notes October as a scary month for stock investors since 1929 and 1987, then 1998 downturns. The piece warns against overreaction, predicts higher NASDAQ-like levels in ten years, and offers safety ideas such as cash, Treasury bills, term deposits, and money market funds to weather volatility.

North American Bay Street Treasury

Many Choices for Your Money Investment Options Explored

The piece surveys GICs and Canada Savings Bonds offering 4% to 5% pre tax yields, notes inflation erodes real returns, warns about taxes, and discusses gold as a volatile speculative vehicle. It examines segregated funds with guarantees, higher fees, and long tenures, plus bonds and bond funds as defensive plays. It also cautions on real estate and equities amid deflation and market volatility, urging prudent diversification.

Canada BPI Templeton Trimark C.L Daniel McFadden Asia Northern Telecom

Also Mentioned on This Page

Gerdau Mrm Selkirk Willmar Windows Dufrost Steinbach Consolidated Growers and Processors of Canada Russell Banner P.O. Box Russell Main Street Ontario Saskatchewan Editorial JES Les THE Turner Report
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