Winnipeg Free Press

Winnipeg Free Press (Newspaper) - October 2, 1981, Winnipeg, Manitoba 4 Winnipeg free october 198 f v police Block the sidewalk at Portage Avenue and Donald Street yesterday after a car jumped the pinning three Auto jumps curb injuring 3 persons a British Columbia woman was in critical condition in a Winnipeg Hospi Tal this morning after a car went out of control at Portage Avenue and Donald Street and pinned her against a build ing Early yesterday of 168 Macaulay was treated for lacerations to his face at Misericordia Hospital and was re police said the Accident occurred when a car travelling East on Portage Avenue collided with was walking North across Portage Avenue in the West police said it appeared the vehicle turned North at the intersection at Donald Street and went out of mounting the sidewalk on the Northwest Anna of Powell the most seriously injured of the three pedestrians involved in the Accident underwent several hours of surgery at health sciences Centre yesterday for what police described As a he Foo m q 1 a crushing internal in to in 6w of 6 phone Cable to link Canada police said the who was driving the car is to appear in court this morning arid May be Terry of 400 Colony who was also pinned against the building by the was in Good Condi Tion in Misericordia suffer ing from a shoulder injury and Lacera police a third John George Sydney Reuter agreements on a submarine Tele phone Cable linking new zealand and Canada at a Cost of million were completed austra Lian communications minister Ian sin Clair the known As will also carry facsimile and various other data it is scheduled to be in operation by sin Clair told a news the new Cable replaces the compact Cable Laid in 1962 and nearing the end of its design the contract for the main Cable was awarded to Standard Telephone and cables of Britain while a Spur connecting new Zea land will be Laid by Nippon electric of it sheared off a police Call Box and came to rest against the vacant Bank building at the pinning Gravell and Woodley against the police they said Gravell accompanied by her who was his name want available last Mark a Salesman at Advance and 309 Portage who was looking out the window at the said a Brown car came out of nowhere and smashed up against the 1 ran outside and there was this Young girl pinned up against the he said Coutts then returned to the shop and called for an in still in Shock anybody could have been walking it could have been i was walking there five minutes before the Accident of he storm forces people to Camp in Homes up photo Ottawa up the Bank of Canada held its trendsetting rate to per cent a fraction off the per cent set last the Central Bank has kept its rate stable for two weeks allowing Only Small prior to that the rate had dropped More than Points in a three week bringing it Down from the record High of per cent set in Early the latest move was not expected to provide any Relief for hard pressed homeowners facing mortgage renew or other but while the Banks Are holding up their lending rates they have begun to push savings rates several major Banks slashed rates on savings accounts to per cent from As High As 19 per As one of the Banks which lowered savings the Bank of Nova also announced that it was cutting oneyear mortgage re Newal rates for its customers to per cent from per the drop its rate in line with that charged by several other Banks which lowered their rates several weeks anticipating drop the Cut in the savings rate by the Royal Bank of Canada was in Antici pation of a drop in interest rates this said Bank spokesman Fern Labrosse said that while consumer loan rates Are certainly under review he was unable to say when that review would translate into Frank economist with the investment firm Mcleod Young Weir Toronto said the stability of the Bank rate for the last two weeks Means the Bank of Canada has tight ened up on the banking one objective of High interest rates is to protect the High according to attract funds to Canada that in turn increases the value of the As Central Bank governor Gerald Bouey has warned that regardless of what happens in the there will be no substantial improve ment until the inflation picture in and that picture is clouded with an example of those contradictions appears in the latest edition of the conference Board of Canadas business University of Western Ontario economics professor Michael in one article forecasts a Zero inflation rate by the in another economists Doug Las Claire Kyle and Virginia predict inflation in excess of 10 per cent will in both the authors cite current government ant inflation poli cies As the basis for their Ransom concludes cuts final continued from Page 1 Miller said he thought it was Justa Case of changing programs so that Ottawa gets full but Maceachra denied Ransom said Maceachen is taking the position that he warned the inces of the cuts last year and that we should not be surprised that that was the the provinces saw it Ransom i think we Felt All along that his budget last year was a statement of that he wanted to get Tion to provincial finance ministers been trying to get a meeting Maceachen since last Ransom 7 but i have to conclude from the meeting tonight that the figure cuts is provincial finance ministers emphasized that in a general economic sense it accomplishes nothing to Transfer billion Worth of deficit from the level of government to the were have you even got an intellectual basis for doing Ransom it seems to been simply an arbitrary the provinces and Ottawa have achieved what All Levels of agreed in negotiations five years that they wanted to but they Are being Ransom the Manitoba minister said he believes that Maceachen approach is part of a general plan aimed at greater centralization of Canadian govern theres no question in my mind thate there embarked on greater he All those things we said All along you Canp operate that that int the Way Canada Ross Porter put on his Winter clothes and grabbed a scraper in continued from Page 1 leaves on Trees hold More causing sagging branches to touch and Short circuit Power matters were complicated when Road conditions prevented maintenance Crews from getting started until 5 Ignace was without Power from wednesday until Early yesterday Telephone lines were also out yesterday classes at the local school were cancelled and stores Barnes said every hotel and Motel in the area was filled to overflowing and garages were kept Busy pulling motorists from ditches along the Tran Canada Lisette a resident of the town for seven years said she had never seen so much Snow in septem i spent the night at my Daugh ters Saindon Shes got a Wood stove for heat and a propane store to Cook children spent the Day said Jackie who with her husband Dennis runs the town news paper the Ignace Dennis is out taking pictures like she if environment Canadas forecast of sunny and warmer weather holds the pictures in next weeks edition of the Driftwood will be the Only reminder Ignace residents will have of the autumn million research Centre set continued from Page 1 Rural municipality of Rosser represent the largest working do trans Mission system in the in the next two dipole a second set of do lines from the henday converter station adjacent to the Limestone generation site on the Nelson River to will also be Blachford giving a total megawatt do carry ing the electricity is generated As alternating current and then converted to direct current for trans because do cuts Down cur rent loss Over Long transmission distances and is More stable than when it reaches the Dorsey Sta the current is switched Back to a for the Manitoba Hydro system and for Hydro will provide up to Mil lion for the project by March and the provincial government will pay the balance will be contributed by the other sponsors and by income from research said Board member Donald chairman of one of the sponsoring Eshmont consultants Craik said the Federal minister of mines and resources Marc Lalonde seemed receptive two weeks ago to the idea of Federal financial since Manitoba will be exporting its High voltage do re after its initial five year the research Centre is expected to be it will be turning any surplus earnings Back into further Brooking Craik said the Centre will Likely be doing research for the proposed Western electrical Power which he said has to be agreed on by Saskatchewan and Alberta by the end of this year for completion in 1987 or Early if no agreement can be reached by years Saskatchewan and Al Berta will have to Start planning for Thermal electrical generating Craik but if the Power Grid is to become a there will be an agreement before the end of the he he said negotiations Over which have taken up the past six Are the main mcleans Steinway builds Only one it is built in several several sizes and at various All Bear the Steinway name and there is no second there is no lower level of finish no technical Compromise designed to bring an 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