Word: contro
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Dates: during 1960-1969
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When he dons the sash of office Oct. 12, Illía promises an Argentina-first policy, renegotiating the contro versial foreign oil contracts made by Frondizi (see WORLD BUSINESS) and re-examining Argentina's monetary poli cies, now closely hewing to the austere line of the International Monetary Fund...
Discriminating Proposals. The question mark for the future is the contro versial budget crafted by Lester Pearson's Finance Minister Walter Gordon. Business is reacting bearishly to a proposal to eliminate the 11% manufacturing sales-tax exemption that has been enjoyed by building materials and industrial machinery. Calgary's Keith Construction Co. has suspended sales of all houses now abuilding, and R. L. Grain, Ltd., a business-forms producer, has temporarily halted a plant it was planning for Toronto. Oilmen estimate that the proposal would cost them $20 million a year...