Winnipeg Free Press

Winnipeg Free Press (Newspaper) - September 18, 1981, Winnipeg, Manitoba 4 Winnipeg Fec september photo d i y Oil Industry Trade insults Reagan share a Light moment during talks about solving problems threatening Bill aimed at Canadian firms continued from Page 1 although no Progress was reported on easing tensions Over the officials described the meeting As a Friendly american spokesmen called it a meeting of convenience because the leaders of Canada and Mexico were invited to attend the dedication of a museum for former president Gerald Ford in grand his Home All three attended a gala dinner and show last night headlined by entertainers including Bob Sammy Davis and Glenn but shortly before the Reagan tru Deau the congressional com Mittee completed its work on a Bill designed to impose stiffer financial rules for Canadian companies seeking to take Over proposed during the summer while congressional anger Over Canadian Energy and investment policies was Ris the Bill would put Canadian companies on the same footing As corporations by requiring a 50percent Down payment in Cash with any take Over moratorium urged there have also been Calls by Ameri can politicians for a moratorium against Canadian investments in the and a ban on Canadian min eral exploration and development on Federal a top Canadian official who attended the meeting with Trudeau yesterday said the Point has been made that retaliatory action May prove counter productive by damaging huge in vestments in Canada and fostering any injury done to us is a Selfin flicked a Canadian official other bilateral irritants such As acid the massive alaskan natural Gas pipeline project and High interest rates came up but the talks were dominated by discussion of pressure from Congress for retaliation against Canadian Energy a senior Reagan administration offi Cial said later the administration does not want a very serious problem developing but added there is a communications problem about Cana Dian the official said that since the Rea Gan administration is not yet certain about Ottawa it is hard to placate some members of Congress who Are expressing serious Canadian officials said Trudeau and Reagan joked about reports they dont get along Well although the grand rapids meeting is their fourth session together since reagans inauguration As president eight months some people Are trying to create mischief with these Ca Nadian officials in recent Canadian officials have initiated a series of meetings to explain Energy and investment policy objectives to the finance minister Allan Maceachen met with Treasury Secretary in Washington on wednesday to try to convince the Rea Gan administration that it is important to contain the dispute Over Canadian Energy policy so damage to a commercial relations is diplomats meet similar sessions Are being held be tween Canadian and diplomats on an almost daily basis in Washington to try to head off the risk each govern ment May head Down the Slippery slope of Canadian officials Bank rate Falls to in Canada continued from Page 1 Hind when other rates were moving he they then jumped up now that rates Are going the same lag can be expected until rates drop three or four percentage he adding that he expects the prime rate could drop As Low As 18 per cent by late this year or Early next whether the rates will drop that Low depends a lot on what happens in the George Vic president and chief economist of greenshields said the rather Quick drop in rates during the last week is a bit of a there is still concern about the size of the he if president Reagan cant contain the and there Are Many who say he the government would have to tap the credit markets for Large sums of Money which in turn would drive up interest in this weeks drop in the Bank while reflecting a drop in is also a response by the Bank of Canada to increasing pub Lic about 600 homeowners marched on parliament Hill tuesday demanding the government do something to ease the plight of those facing mortgage and the retail merchants association of Canada on wednesday accused the chartered Banks of delay in passing on rate Edmonton up Imperial Oit threatened to leave its heavy Oil project in cold Lake on the shelf As politicians traded insults with Oil Indus try officials the cause of All the fuss was the two Eskold Albert Ottawa pricing oilmen say it will bring the country no closer to Energy self sufficiency by 1990 than would the National Energy in Imperial president Jim Livingstone said the agreement will not leave Imperial enough return on the project in North Eastern in Federal nip Leader de Broadbent accused Imperial of blackmail and the Alberta government rejected the company Alberta treasurer Lou Hyndman said the province had decided to be come a partner in both the cold Lake project and the Al Sands Oil Sands project near fort in Federal Energy minister Marc Lalonde rejected claims the agreement will leave Oil Industry profit margins too thin to develop Oil and Gas when was the last time you heard the Oil Industry people say they had enough Money Lalonde asked As he opened an Energy both the Canadian Petroleum association and the Independent Petroleum association of Canada have denounced the they say it does not give the Industry enough incentive to develop sources of Oil and rejects statement in Ipac managing director John Porter reacted to a statement by Lalonde on wednesday that the association was not a credible in a Porter said Lalonde comment was extraordinary and bewail Ipac took out full Page advertisements in newspapers criticizing the National Energy Livingstone told the annual meeting of the Canadian conference of chartered accountants his company needs a 20percent return on cold five percentage Points More than possible under the pricing the agreement contains a lot of optimistic language that is difficult to substantiate by a close inspection of the the Large print liveth and the Small print Tabeth Jack president of Shell Canada resources said the makes the Al Sands project Shell is the major Backer of the project work at cold Lake was suspended in july because of delays in signing an agreement until Livingstone said it turned out to be a disappoint Livingstone said the new incremental Oil Revenue tax and an increase in the Petroleum and Revenue Gas tax will Hurt Broadbent blackmail foot claims Progress made in arms talks Moscow opposition Leader Michael foot and his dept Denis left Moscow today after a three Day visit during which they discussed East West arms controls with soviet president Leonid foot said they achieved a major breakthrough toward a agreement limiting deployment of me Diu Range missiles in Brezhnev told the British labor party Leader that Moscow would be ready to reduce the number of missiles deployed in Western areas of the soviet Union if the West dropped plans to station cruise and pershing2 missiles in Europe in foot Brezhnev first made the offer in but the soviet Media declared it no longer viable after the North Atlantic treaty organization voted to go ahead with its own missile deployment plans two months Western diplomats said Brezhnev revival of his 1979 offer appeared timed to precede preliminary talks in new York next week Between state Secretary Alexander Haig and soviet foreign minister Andrei Gromyko on missile its executive goes against wishes of teachers on donation continued from Page 1 Goldberg said he was particularly surprised at the executives action be cause it was a fairly Operand shut thing at the annual he also said he saw no real difference Between the Defeated annual meeting which called for a donation and the executives approval of a you re wrap a the wrap Ping is but the present is the he Young said the executive motion specifically said the Money was to be spent on Shel Ter and transportation for teachers and their not for political up delegates to the annual meeting had been asked to Send the Money to sup port the Canadian teachers federa Tion in their ongoing efforts to assist the educators in Al Salvador in their struggle to end terrorism and oppress Ion against students and the National federation has raised about for Aid to Andes Maurice its Public relations officer said Bourque said came from the British Columbia teachers federa from the provincial association of protestant teachers of que from its and from smaller teachers organizations in on Tario and Norman the federations Gen eral said yesterday the Brit ish Columbia Money is still in but the remainder was sent to a Swiss Bank two or three weeks he said the funds have been or soon will be transferred to the Andes 21 account in Managua through the Gene abased world confederation of organizations of the teaching Goble added that the federation is satisfied the Money will be used to provide Relief to Al Salvador teachers and their the Al Salvador affair is not the first time the its executive has acted contrary to an annual meeting resold the 1972 annual meeting instructed the executive to ask the the new democratic party government for the right to but Many teachers who we rent at the meeting told their representatives they opposed so the executive failed to act on the resold at the 1973 annual meeting a motion censuring the executive for failing to carry out the wishes of the membership was overwhelmingly according to Andes 21 the organization is officially called Andes 21st of june and was formed in 1964 to protest against an Al Salvador government decision to increase eligibility for pensions to 40 years from teachers demonstrated publicly on june and won exemption from the increased service Andes 21 is a member of the demo cratic revolutionary front which includes organizations of Trade peasants and others opposed to the government of Al roadblocks faced by doctors concern medical association Toronto up the president of the Royal College of physicians and surgeons expressed concern yesterday about provincial governments throwing up new roadblocks to the free move ment of medical doctors and medical researchers across we if you More and More like 10 different countries than one Bernard Perey of Sher told a news conference during the groups annual Percy said most provinces Are Mak ing it More difficult for out province students to be accepted for medical school and for residency training pro he also said doctors sometimes find it difficult to be licensed and for re searchers to qualify for Grants in other we Are going through a process of tremendous inbreeding in the prov he the charter of rights proposed by the Federal government As part of a new Canadian Constitution would make it More difficult for prov inces to interfere with the movement of professionals and other classes of work Perey said the College has never discussed the Constitution at its meet but he said he personally believes that Ottawa insistence on mobility rights is one reason for provincial opposition to the constitutional at its annual meeting this the College approved a position paper stat ing that pre licensing requirements for doctors should be As uniform As possible across Canada to give Doc tors More the College of physicians and surgeons certifies the competence of specialists for doctors who have completed approved training the actual licensing of doctors is the responsibility of provincial govern but As a Rule they accept the standards Laid Down by the red hot weekend special on drives example Chevetta plus Many other cars and trucks to 5 choose special tax 3 till 10 delivery free Terry Balkan re Tacar 686 Portage 7867479 ;