Winnipeg Free Press (Newspaper) - January 18, 1990, Winnipeg, Manitoba
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dual Seq 5j4 Enterprise my 1044 to Green pm Acdan Wane a can Bond a can Saxty a cd indu Ocon m a mortgage Hui nuts Index nuts m Carml funds Gigli Liml of Oettl 957 Belnome emf Lemmei or Yoe growth Good am Seq can 1046 am Seq us cd Bond cd equity glow a emf Imam yes Vinych Rovest 646 Tau Ruttura in total return Uttah Gnu american eur jury global income pad Lac resource Seel ame sect can Seel Cut sect Glo std Pac sect re Weslyn grit Goth 4j9 543 4j6 542 6j9 5j3 sugar earnings year ended 30 a share a Revenue Montreal up Reynolds metals is building a manufacturing Plant in the company said the which will produce 000 tonnes of redraw Rod a will create jobs for about 40 people and is scheduled to open late in the company redraw Rod is used to make electrical the Plant will Supply font North american wire and Cable construction could Start this last Reynolds announced it was building a expansion to its aluminium Plant in baie prime minister Brian Mulroney Home which makes Reynolds wrap aluminium produces a number of aluminium it has eight plants in in Quebec and Ontario and Canadian Trade surplus reaped As imports plunge by Clyde Graham Ottawa up Canada exported million More in goods than it imported in november to Bounce Back with a vengeance from october disturbing Trade the first in 13 statistics Canada reported yester novembers merchandise Trade surplus was the largest in seven but it was cold Comfort for companies trying to sell goods abroad against the Handicap of a High flying Canadian its a bit refreshing to see a sort of reversal in the Trade num although we get too excited because its not the result of said George chief economist with Mon Treal the turnaround from the octo Ber Trade deficit revised Down slightly to million was entirely the result of a per cent drop in imports slumped by billion to billion As fewer Auto parts and cars flowed into part of the fallout from slumping Auto sales in North there was also a decline in imports of machinery and it was the largest drop in imports in 17 Saba said that is consistent with a general slowdown in the Economy that will push Canada to the if not All the to a recession in Ted senior economist at Burns Fry said the october deficit was a on month the result of a surge in imports of it was a bit of an said while canadians bought less on foreign exporters Are struggling to make sales a Dollar that has been at a nine year High since late last exports in november Rose by just per cent to reach billion reflecting the slowing Home for three Quad ters of canadians goods sold the Dollar has been trading Over 86 cents since Early de although it has dipped below that level this despite the Strong surplus in Canadas total Trade surplus for the first 11 months of 1989 is Down Over the surplus reached just Down from billion in the same period of statistics Canada adjusts its Fig ures to take into account sea Sonal the october Trade deficit of million was also revised downward from an ear Lier estimate of merchandise Trade is just one aspect of Canadas Commerce with the the current which tracks flows of investment in Trade in services and trans fers of Money As Well As Trade in reached a deficit estimated at billion in 1989 the highest since the the Toronto Dominion Bank said in a report released this week on Canadian Trade that the Only Way the current account deficit can be turned into a surplus is with a massive increase in merchandise but the Bank said Canadas Mer Chandise Trade surplus wont grow until the Bank of Canada eases its High interest rate which has pushed the Dollar to a nine year the trendsetting Bank rate is expected to fall to around per cent today from last weeks level of per which would be the first major drop since Early in ears on the 1000 251402 and your Choice of four different the Tandy 1000 features 8086 processor 640kram drive graphics adapter five 10 expansion slots 101key keyboard parallel and serial ports 2 Joystick ports Modos and in rom with desk mate 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