Winnipeg Free Press

Winnipeg Free Press (Newspaper) - January 31, 1985, Winnipeg, Manitoba Winnipeg free january 15 Paquette to join pm exodus Montreal up former science minister Gilbert Paquette will quit the parti quebecois caucus to sit As an inde pendent member of the National be Devoir Paquettee resignation will erode the pcs majority in the National Assembly to four seats after a series of defections Over Premier Rene Levesques decision to Shelve the Independence Issue during the next provincial Paquettee resignation will Cut the ber of pm seats in the National Assembly to 61 when it resumes in March and lift the independents to liberals hold 49 and four seats Are be Devoir says Paquette will announce his resignation monday at a news Confer ence at his Rosemont Riding office in Mon was first elected to the National Assembly in he was a professor of mathematics and one of the founding members of the Montreal citizens move a main opposition party to mayor Jean drape aus civic in a byline article that will appear in the saturday edition of the French language Montreal Paquette writes that a new party should be established to promote Quebec senators hold up Money Bill liberals demand budget before borrowing approval unpainted furniture finish it your Way and save special Purchase 99 extra wide 4 wide Chest for extra Ideal As a changing or adult solid Birch drawer fronts and quantities your Choice of color is endless Secretary desk solid Birch drawer fronts and drop front for Large writing area and Pigeon holes for letter Terree Large drawers for j qq95 storage i o v bar stools swivel 30 in height from 99 95 regular stools Maple size Oak 2995 4995 3495 24 39 195 30 69 95 unpainted furniture shelving 625 Wall just North of Portage 7753946 photo Security cards 2 cards for Only cards laminated in permanent hard photo supplied on scoters 21 locations to serve you in Manitoba Ottawa up angry words were exchanged at a Senate finance commit tee meeting yesterday where the Liber Al majority continued to stall legislation giving the conservative government authority to borrow up to at Issue is whether the government has adequately explained what it plans to do with the which would be used for the rest of this fiscal year and part of fiscal the Liberal led by for Mer finance minister Allan say the government has yet to table a budget or main estimates showing its financial Maceachen pointed out that since no government has received authority to borrow Money for the next fiscal year without first presenting main or a he insisted the government do one or the other before he would be willing to Send the Bill on for third Reading in the Senate and subsequent Royal reminded Barbara the minister of state for that the conservatives raised nation hell when they were in opposition and the Liberal government presented a Sim Ilar the liberals were forced to remove their request for borrowing authority covering the next fiscal year after pro longed debate in the we wont hold you to he told but we say at least dont press us for the subsequent fiscal year until we see the main who is responsible for guiding the Bill through All Legisla Tive argued that the 8 economic statement presented by finance minister Michael Wilson was Simi Lar to a budget in that it contained estimates of revenues and expenditures for the next fiscal she said the amount of borrowing authority being requested for fiscal athletes Wear sporting goods 4 Power air lilt radio and much much of How limited numbers in Stock special 1985sunbirds Power str radio and More Check rights Foru Stags r hurry in for specials special 198586 is Only a Small portion of what will eventually be the govern ment will come Back for More Money after the main estimates Are tabled sometime next the Liberal committee members said the economic statement contained Only one Page of figures and More extensive documentation was when he presented the financial state Wilson insisted it was not a Bud Only an indication of the economic direction the tories wanted to a full budget is expected in conservative senator Lowell Murray angrily denounced the former Liberal saying its estimates we rent Worth the paper they were printed Murray said the borrowing Bill had been thoroughly debated in the com where it was the subject of a the government originally requested authority to borrow with billion of that intended for after much the request for 198586 was reduced to correction speedy Muffler King and that ran january 1985 appeared the Cor rect prices Are 2 front wheel disc service 2 wheel drum speedy Muffler King wishes to apologize for any inconvenience save up to off on selected sporting goods Over Worth of Stock to choose from savings vary from 10 custom and special orders not some colors and quantities Are oni location Only where selection Price make everyone a Winner Tsuu athletes 145 Market Wear wits Manitoba Penada Grade 10 bkg i this offer is limited to 1 Jaer family Supe Valu real Canadian prices effective till closing Oil companies in Canada record big profit gains Toronto up while falling1 world Oil prices nip at the balance sheets of major Oil their counterparts in Canada Are recording big profit shipments of cheap crude and refined Oil have affected spot but the major Canad an Oil companies enjoyed relatively stable crude and Petroleum prices throughout those prices showed in higher Imperial Oil Canadas 1 Oil reported earnings of million in an 84percent increase Over million earned in the 1983 earnings included unusual losses of profits of the other while not As were certainly Shell Canada profit was up 55 per cent Gulf Canada chalked up up 41 per cent and Texaco Canada reported million in up 23 per Petro Canadas profits wont be available until its annual report is released to parliament in the profit Levels Arent up to their 1980 Levels and the return on capital is still a relatively Low per cent in imperials but the returns compare favourably with declining crude prices Exxon the biggest Oil company in the reported earnings of an 11per cent increase from Mobil 2 in the earned Down 15 per cent from Exxon chairman Clifton Garvin attributed the Slack earnings to a slowdown in economic continued Oil surpluses and declining crude Many Canadian companies enjoyed higher crude prices because they shifted production to so called new which fetches a higher Price in Canadas complicated Energy pricing said Energy forecaster Richard Zarzeczny of ene data Canada new Oil Oil discovered after 1974 is priced according to an average of crude from around the old Oil is priced lower than world prices according to an agreement Between Ottawa and Zarzeczny said the Price of new Oil has ranged Between and above the Benchmark Price of a barrel set by the organization of Petroleum exporting Canadian Oil companies have benefited from higher than world prices for their new but they Haven had to Cope with huge surpluses of crude and refined Oil dumped on Bob an Oil pricing official with the Canadian department of mines and said the Federal government has been requiring importers to stick to their contracted crude this Means the huge shipments of cheap imported crude have been kept out of established service Organiza Tion will accept proposals and requests for Community based apply in writ ing outlining proposal in de Tail by february 1985 to Box 1693 free press Hutschenreut her Germany China off Independent jewellers 493 notre Dame at Isabel 7745544 closed mondays open fridays till 9 preseason special 20 off All Patio furniture see it now on display Hearth Patio ;