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Russell Banner in Russell, Manitoba

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Newspaper

Russell Banner

Location

Russell, Manitoba, Canada

Date

Sep 09, 2003

Page

6

Manitoba Budget Faces BSE Hit and Hydro Pressures

Manitoba lawmakers return September 8 to approve the $7 billion 2003-04 budget amid revenue shortfalls from the BSE outbreak and lower tourism. Hydro reports a first-quarter loss of $51 million, offset by a $1.4 billion rate stabilization fund. Opposition pledges tighter scrutiny and questions over the Beef Fund and aid to producers.

Manitoba NDP Greg Selinger Alberta Selinger Gary Filmon Manitoba Hydro Hydro Canny Bob Brennan Brennan Doer Hawks Tories Gary Doer Jack Penner Pc-Emerson

Why You Should Love a Little Deflation

Column argues mortgage rates fell due to bond markets and virus fears. It notes banks offer discounts, with five year mortgages near 4 percent and 1.25 percent off primes for variable rates. Ends urging to borrow now while prices rise and plan repayment.

Be Iis Toronto CIBC Bank of Canada

Also Mentioned on This Page

Domme Harry Macne P.O. Box Russell Russell Banner Main Street Ontario Saskatchewan Amer-Camier Provinces L Prices Inc Lude Ment of Caneca Mag Ct Editorial Garth Turner
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