Word: canadas
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Dates: during 1980-1989
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...post. The Tory leader planned to closet himself with his aides in Ottawa to pick a Cabinet and prepare his party's address for the opening of Parliament. The speech is expected to outline, in greater detail than Mulroney did on the campaign trail, the Tory vision for Canada. If his race and his past are any guide, the new Prime Minister will describe a society that is tolerant in its vast diversity, compassionate toward its less fortunate members and, of course, more prosperous than the one he is inheriting. That last expectation will be especially difficult...
Mulroney's triumph brought to a close an eventful chapter in Canadian political life, the era of Pierre Trudeau. He came to symbolize Canada not only for Canadians but for the rest of the world, often to the delight of his countrymen. At a time when the French-speaking province of Quebec noisily threatened to secede, Trudeau blunted the menace with bilingual reforms. Toward the end of his tenure, however, Trudeau was increasingly perceived by Canadians as having overstayed his welcome. Many felt that the Prime Minister had grown bored and petulant, and that the Liberal Party had become...
Casting about for a new challenge, Mulroney joined the Iron Ore Co. of Canada, a subsidiary of the U.S.-owned Hanna Mining Co. His main task was to bring labor peace to the strike-plagued firm and its 7,000 workers. Mulroney succeeded admirably, raising widows' pensions and distributing worker bonuses when the company broke the $100 million mark in earnings. Faced with the U.S. auto recession and declining demand for steel, Mulroney in 1982 shut down a company mine at Schefferville in northeastern Quebec. The closing put 285 miners out of work and turned Schefferville into a ghost...
...investment, a notion that should make U.S. firms happy. He is committed to revising the country's 1980 National Energy Program, a controversial act that allowed the government to claim a 25% stake retroactively in oil discoveries. The legislation infuriated U.S. oil companies, which have substantial holdings throughout Canada and off the Atlantic and Arctic coasts. Mulroney will also overhaul the Foreign Investment Review Agency, a 1974 Trudeau creation that monitors companies wishing to do business in Canada to ensure that their activities are in the country's interest. FlRA's regulations, however, drove many foreign businessmen...
Mulroney has his own agenda for dealing with the U.S. At the top of the list is acid rain, which is threatening Canada's important fishing and timber industries−and which many Canadians blame on the U.S. The Reagan Administration contends that the link between acid rain and sulfur-dioxide emissions that drift northward from coal-fired power plants in the Midwest has not yet been proved. Mulroney, however, has promised to push the issue with the White House, most likely after the U.S. election in November. The Liberal government committed itself to halving emissions on its side...