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Russell Banner in Russell, Manitoba

08 Sep 1998

Page 6

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Russell Banner September 8, 1998 Page 6 old newspaper archives

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Newspaper

Russell Banner

Location

Russell, Manitoba, Canada

Date

Sep 08, 1998

Page

6

Manitoba Hydro Sees Records as It Expands Exports

Manitoba Hydro reports a record year with 34 billion kilowatt hours generated and net income of 110.5 million. Exports rose to 297 million, aided by new market access and MAPP membership. The company plans 200 megawatts of firm power to Ontario Hydro and credits staff for resilience after Red River flooding.

MENTIONED IN THIS ARTICLE

Manitoba Hydro Canada Crown Corporation Hytro John S. McCallum University of Manitoba Manitoba Hydro Act Manitoba Power Hydro Robert B. Brennan Filmon Brennan Manitoba Ontario Hydro United States MAPP North Americ Red River North Dakota Ontario Quebec
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The Turner Report on Market Correction and Outlook

The piece argues the correction is steeper than expected but not catastrophic and urges long term investors to stay calm. It notes the Toronto Stock Exchange off 26 percent from its peak, a commodity price decline, and media panic, while highlighting enduring inflation as a recurring global factor.

MENTIONED IN THIS ARTICLE

Toronto Stock Exchange CNBC Boris Monica
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Market corrections become the norm amid asset dives

The piece argues that violent stock market corrections will persist for years as assets like gold oil and tech swing. It notes big investors and short sellers amplified declines in 1997 998 and similar episodes, urging readers to trust fundamentals and avoid daily churn while favoring core earnings and rate trends.

MENTIONED IN THIS ARTICLE

Dow Coke Lucent Technologies Amazon.com Bell Canada North Telecom Canada Russia Japan
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Also Mentioned on This Page

Brennar Editorial Russell Banner P.O Russell, Manitoba Main Street Russell Chaloner Publishers Withers Saskatchewan Provinces Une THE Turner Report
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