Winnipeg Free Press

Winnipeg Free Press (Newspaper) - October 2, 1997, Winnipeg, Manitoba Bank officials say smart cards will soon replace Bills and coins the Manitoba Moose am concerned by the fact they Haven Ito w08tn8f sunny wind increasing to South 4050 High Low Gete Brating 125 years Winnipeg free press 2 school Day 2 inside Hamas wont give up Israel will still feel the heat of Hamas despite its freeing of spiritual Leader Ahmed Sheik Yasson in a Deal with a Canadian connection firings could be costly the chairman of a native child welfare Agency says the firing of four top work ers could Cost hundreds of thousands of dollars in Severance pay hut werttes being probed Romp Are investigating allegations of child abuse on Hutt Erite colonies in the province following a complaint from a splinter group in new York flesh eater halted a southwestern Ontario nurse with the flesh eating disease Necro timing Fasci itis May be the first to be treated successfully without a Toronto researcher Ermiss Canada strips the former miss Canada stripped of her title after being convicted of will be featured on the cover of the december Issue of play boy Magazine today in your City province Ihl Chicago wolves is Manitoba Winnipeg Karen Kan the Farewell Cen Tennial concert continues to sat 8 to nobody but everybody laughing a conference on Humour and Gas station 7 Index Canada a world in life net Reader Mann sports to lotto Bonus october 1997 bus maker is flying new flyer wins drives for record sales year by John Douglas Gity editor flyer industries has won ii a contract Worth More than putting the company on track for a record breaking sources say the local bus manufacturing company will announce this week it has won a contract to Supply los Angeles with More than 200 com pressed natural Gas natural Gas buses Are significantly More expensive and if All the options Are exercised the contract could be Worth nearly a company source new flyer will announce the Deal at the official grand opening of its expansion of its Transcona the expansion will allow new flyer to bolster production to 30 buses a week from its current 25 per sources say the contract could also mean More than 200 new jobs added to the current work already this year the company has created 200 new our release will be out Rick new flyers vice pres ident of marketing youll learn a lot about our future plans continued please see resignation leaves grits with just one seat in legislature Lamoureux quits liberals by Alice Krueger legislature reporter ttj10r the second time in three h months a Liberal member of the legislature has bolted from the party new Kevin Lamoureux gave notice yester Day that he has resigned As Liberal House Leader and said he will not seek reelection in the next provincial elec 1 think Hes just tired and he wants a change until he will sit As an Independent the Surprise move leaves the Liber als with just one seat in the provincial in Gary Kowalski left the Liberal fold to sit As an Independent because he said he could not serve under Ginny the party newly elected a distraught Lamoureux said yester Day his decision was based on personal adding that he would remain a Loyal Liberal representing his Inkster unsuccessful in Tyis leadership run against Hasselfield last Lamoureux steered Clear of any direct criticism of his i think that Ginny is doing the Best Job that she said his colleague has been Happy with Hasselfield Ever since the leadership adding there has never really been any reconciliation Between the he said Lamoureux waited until yesterday because he didst want to Hurt the party chances in the Portage he was considering going when i Kowalski adding the party must now look seriously at changing he was struggling working with Ginny even Back history will show the Liberal party made a big mistake when they didst recognize his continued please see what Kevin has done is extremely harmful to the hot Economy kindles Bank analysts say Consumers be alarmed by hike rate by Mark Dunn Canadian press Ottawa Consumers will pay More to borrow Money after the Bank of Canada eased up on the economic Gas raising its prime lending rate to slow the growth of the country sizzling major Banks didst wait Long to respond to the widely expected hike yesterday of the Central Banks trend setting rate to per cent from Banks quickly hiked their prime rates the interest charged to their Best corporate customers by half percentage Point to from that Means Consumers looking to buy a appliances or other big it items will pay More for a lines of credit will also creep up As will other Short term the Bank of Montreal went a step further by raising its variable tial mortgage rates of Between three and five years by of a percentage the other major lending tons were expected to variable mortgages Are tied to the Central Banks prime rate As opposed to Lon term fixed which Are at the mercy of Bond where Banks finance most of their mortgage Lon term mortgages Are at the est Levels in decades in Canada because players in the Bond Market Are hedging the Economy will be robust Down the Road and will help push Lon term interest rates analysts said Consumers be alarmed by yesterdays rate which helped boost the loonie by 048 to close at cents Bank of Canada governor Gordon Luessen issued a warning last month that he was prepared to raise the Cen trial Banks prime rate to Cool an heated Economy and keep inflation at inflation stood at per cent in continued please see per first change i the rate was up from pc the Central cent in tie third the Bank rate i mind 166 Max Ca min Book 133 133 1 i t digital cellular Tlachi ;