Word: mulroney
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...should be given federal protection. John Turner, leader of the opposition Liberal Party, argued against it. "Is there now to be an implicit government guarantee to bail out future depositors in any difficulty?" he asked. The banking failures are exacerbating the political troubles of Prime Minister Brian Mulroney. Two Cabinet members recently resigned; one of them faces possible charges of misappropriating campaign funds...
Then, in August, when the Pentagon sent a military submarine on a maneuver through Canadian territory near the Arctic without asking permission, Brian Mulroney's Tory government hung its head in shame for the country's impotence. Criticism was lost in the wind; Canada had no clout...
...against its Canadian cousin (an American buck was worth $1.36 Canadian last week) gives Canadian lumber exported to the U.S. an automatic 30% price advantage, contributing to a $20 billion deficit in U.S. trade with Canada. With curiously bad timing considering the mood in Washington, Canadian Prime Minister Brian Mulroney last week proposed a new trade pact that would open the two countries still wider to each other's goods...
BORN. To Mila Mulroney, 32, and Brian Mulroney, 46, Progressive Conservative Prime Minister of Canada since September 1984; their fourth child, third son; in Ottawa. Name: Daniel Nicolas Dimitri. Weight: 7 lbs. 14 oz. Said Mulroney of his newborn son: "He's loud enough to be a Tory...
...connected was fed by the timing, the fact that both flights had originated in Canada and suspicions that Sikh extremists might have engineered the incidents in order to strike out at the Indian government. But at week's end investigators were forced to agree with Canadian Prime Minister Brian Mulroney's assessment that there was "no hard and fast evidence" of linkage...