On Jan. 7, in a lightning action, the government of Ontario seized three provincially incorporated trust companies. At the same time, the government of Canada grabbed two federally incorporated mortgage companies. Together, those actions touched off a series of financial and political shock waves which have rocked the nation from coast to coast.By James Fleming18 min
The Tory leadership hopefuls have travelled the country for the past 12 weeks, talking about jobs over breakfast, oil prices over coffee and cruise missiles at dinner. Although at present their platforms are little more than the thoughts of eight would-be Opposition leaders, in time they could be the agenda of a new prime minister.
Midway through President Ronald Reagan’s reading of the final Williamsburg summit communiqué, there was a sound of crashing furniture. Unseen, somewhere behind the imposing dais, a chair or scaffold had collapsed. For an instant, 100 husky security agents froze.By Michael Posner6 min
As the longtime unifying force of the fractious Palestine Liberation Organization, Yasser Arafat has always played a precarious role. Alternately using the language of the radical and the moderate, he has managed for 15 years to hold together the many ideologically divergent groups that fight under the banner of the PLO.By ROBIN WRIGHT6 min
In California many cars have begun carrying bumper stickers with a message of a different kind. “You are what they eat,” the stickers read. “They” refers to the seafood delights in one of the world’s great fishing grounds, off the northern coast of California.By WILLIAM SCOBIE5 min
Recently, while I was leading a workshop on future job requirements, a young man asked: “Aren’t you ashamed to call yourself an economist? Your profession has not forecast anything right in years, and the economic policies we have had to endure have all but destroyed the economy.”By Dian Cohen5 min
When the federal government announced late last month that it was considering revisions to Canadian drug regulations that could jeopardize the availability of lowcost generic drugs, the multinational drug industry was quick to express its enthusiasm.By Linda McQuaig5 min
The University of British Columbia, at its spring convocation ceremonies, awarded the usual honorary degrees. They went to author Robertson Davies, George Manuel, former president of the Union of B.C. Indian Chiefs, nuclear physicist John Bernard Warren, among others.By Allan Fotheringham4 min
In 1935 the people of Alberta, devastated by drought and the Great Depression, elected the popular radio evangelist William (Bible Bill) Aberhart as premier. The leader of the burgeoning Social Credit movement, Aberhart promised radical new monetary policies that he said would not only heal Alberta’s economy but pay a dividend of $25 a month to every citizen.By John Bemrose4 min
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