They posed for the usual photographs: seven Commonwealth leaders smiling together on the manicured lawn of London's Marlborough House, the grand 18thcentury residence that serves as the organization’s headquarters. After the two-day mini-summit ended five hours later, a few delegates even issued the usual statements about the Commonwealth remaining as unified as ever.
When a book attracts enthusiastic attention even before its publication date, it is one sign that its publishers may be on to a trend. After The Financial Post weekly began publicizing its upcoming book, The Financial Post Selects the 100 Best Companies to Work For in Canada, Post reporter Eva Innes, one of the three authors, started receiving phone calls at home.By PAMELA YOUNG7 min
In the face of mounting international pressure against South Africa’s white-minority government, Foreign Minister Roelof (Pik) Botha was openly defiant. Describing the endorsement last week of new economic sanctions against Pretoria by Commonwealth leaders as “cynical, evil and a hysterical stampede,” Botha said that South Africa will withstand any pressure to abandon apartheid.By CHRIS ERASMUS6 min
The 15-minute videotape features upbeat music, detailed charts, a luxurious office— and confident executives extolling the rewards that can be had by borrowing money to invest in mutual funds. Distributed by Vancouver-based First City Trust Co. to help mutual fund salesmen sign up new clients, the sleek presentation conjures up an investor’s dream: a man with $10,000 borrows another $20,000 and buys shares in mutual funds—a portfolio of stocks and other securities run by professional money managers.
On paper, the ship is magnificent. An artist’s scale rendering shows her graceful red hull smashing effortlessly through an Arctic ice field. Amidships, huge red maple leaves are emblazoned on twin smokestacks and a Canadian flag flutters from a mast high above the deck.By KEN MacQUEEN6 min
Lavi, the name of a sleek, sweptwing fighter-bomber, means young lion in Hebrew. With a prototype already built, the Lavi is intended as a fast and potent weapon for the Israeli air force in the 1990s. But recently the menacing fighter’s leonine appetite for funding, which is about $1.65 billion, mainly from U.S. defence aid, has already been spent.
Over the past two years Ed Broadbent and the federal New Democrats have staged one of the most remarkable political comebacks in recent Canadian history. Faced with near obscurity following the resignation of Pierre Trudeau (when the polls put them at a meager 11 per cent of the decided vote), the NDP gained an impressive 19 per cent of the popular vote in the September, 1984, election.
It was my bad luck to be in London last week when the Commonwealth falsetto choir was attempting another of its dreadful oratorios. Last week’s performance starred our own Brian Mulroney, who seems to have found his natural oratorical level in the company of such windbags as the notorious secretary general of the Commonwealth, Sir Shridath Ramphal.By Barbara Amiel5 min
When President Ronald Reagan nominated William. Hubbs Rehnquist to be the 16th chief justice of the U.S. Supreme Court two months ago, even critics of Rehnquist’s unwavering conservatism predicted that he would receive the required Senate approval easily.By MARCI McDONALD4 min
This month the 75 outlets of Sears Canada Inc. begin to accept DISCOVER credit cards, pointing the way to their eventual transformation into financial supermarkets. Sears’ U.S. parent company has achieved spectacular success with the DISCOVER system (run from Delaware through Greenwood Trust), selling not only insurance, mortgages, stocks and other financial services, but airline tickets and hotel reservations as well.By Peter C. Newman4 min
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