January 27, 1986

The insurance crisis 2627

The insurance crisis

The crisis struck municipalities, companies and clubs across the nation last week. In Ottawa the Canadian Ski Association declared that it might pull its national teams off the World Cup circuit because it could not obtain liability insurance—at any price.
Images vs. reality 3435

Images vs. reality

For months the Canadian dollar had drifted slowly downward on world markets. Then, last week currency dealers on Wall Street, in the City of London and in Chicago suddenly decided to sell it in large amounts—and in a day of frenzied trading they drove it to a historic low point.
The search for solutions to sexual abuse 4647

The search for solutions to sexual abuse

In August, 1984, the Committee on Sexual Offences Against Children and Youths jolted a complacent nation when it reported that more than 15 per cent of all Canadians experience sexual abuse during their childhoods. Toronto sociologist Robin Badgley, chairman of the 11-member federally appointed committee, recommended extensive changes in the Criminal Code to deal with the problem and to punish offenders.
A rising media and real estate star 2829

A rising media and real estate star

The bulletin swept through the Washington head office of U.S. News & World Report with the speed of a late-breaking scoop. The newsmagazine’s owner, Montreal-born real estate multimillionaire Mortimer Zuckerman, was flying in from his New York headquarters with his personal public relations agent for a hastily called editorial meeting.
The dollar in danger 3233

The dollar in danger

The verdict was nearly unanimous. Most economists, market analysts and currency traders in the financial capitals of the world agreed last week that it was time to sell Canadian dollars. Many economists criticized the government’s apparent inability to cope with the nation’s deficit.
Counting up all the costs 4243

Counting up all the costs

The pattern was a familiar one. When the dollar began to drop on international money markets last week roughly equal numbers of Canadians rejoiced as despaired. The declining dollar resulted immediately in higher interest rates for loans and mortgages.
'Hold on to your hats’ 1011

'Hold on to your hats’

Industry Minister Sinclair Stevens was unapologetic. His controversial role in the closure of a Montreal oil refinery last month had led to the resignation of one cabinet minister, Suzanne Blais-Grenier, and evoked the first major expressions of dissent within the Conservative parliamentary caucus.
Looking for work and business 1212a

Looking for work and business

With its pipes purged of steam, Ultramar Canada Inc.’s eastend Montreal oil refinery moved closer last week to a complete shutdown. But for Prime Minister Brian Mulroney, the political tempest stirred by the refinery closing was undiminished.
Hollywood defends the faith 8b9

Hollywood defends the faith

Authorities recently plucked a live hand grenade from a trash can at Boston Garden—planted, it turns out, in the name of social commentary. For scheduled to oppose the Boston Bruins was an enemy more despised than opponents from Philadelphia, New York or the far northern province of Gretzky.
Conjuring up a Hollywood North 6061

Conjuring up a Hollywood North

As the poor dinosaurs learned, the world evolves. That which does not adapt is left behind. To perish, to fall, to become the mulch upon which we build our succeeding magnificent civilizations, which may contain Inca temples, Plato, Beethoven, Buchenwald, rock videos or Ed McMahon.
January 201986 February 31986