Word: canadas
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Dates: during 1970-1979
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Welcome to booming Alberta, the Texas-size province that contains roughly 85% of Canada's proven oil and gas reserves, half of its coal, some major untapped hydropower sites, and vast, oil-bearing tar sands...
...famous for its Calgary Redeye (beer and tomato juice), has become a cosmopolitan community of 550,000. Nearly 60% of the people are not of English-speaking origin, and despite the presence of some 60,000 Americans in the area, the largest ethnic group is German. This is Canada's fastest growing large city. In the past five years, 20 foreign banks have opened offices in Calgary, and last June the Bank of Montreal became the first major Canadian bank to move its chairman, Fred H. McNeil, to Alberta. Says he in his Calgary office: "The time...
...companies that have main offices in the country. It is not hard to spend $250,000 for a four-bedroom house, but heating bills in Alberta average only $27 a month, and gasoline sells for 53? a gal. Thanks to energy royalties, Alberta is Canada's only province with no sales or gasoline taxes. Its property and income taxes are the lowest of any province; for a family of four earning $17,000, the overall tax burden is $912 a year, vs. $2,130 in Quebec...
Toxic substances in the lakes are now the environmentalists' major concern The levels of such chemicals as mirex (an insecticide), PCBs and mercury are still too high to allow the resumption of commercial fishing, and Canada publishes a guide that warns sports fishermen which fish are unsafe to eat. Says Leila Botts, chairman of the Great Lakes Basin Commission...
...ports. But environmentalists fear that disruption of the lakes' whiter ice cover would cause damage to fish and plant life. The energy crisis has made state governments less resistant to suggestions that gas and oil explorations- with their potential for pollution- be undertaken in the Great Lakes basin. (Canada already takes natural gas from Lake Erie.) These problems are not insoluble, but they will require a subtlety of technology and policy quite different from the massive input of dollars that cured many of the lakes' ills during the 1970s. "Basically I'm optimistic," says Robert Boden...