Word: nationalized
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Dates: during 1970-1979
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...British North America Act as the country's fundamental charter, centers on the distribution of power between the provinces and the federal government in Ottawa. Western Canadians feel that their interests have too long been ignored or overlooked by Ottawa and want a larger say in the nation's affairs. Overriding everything, of course, is the issue of separatism in Quebec, and Premier Levesque's plan to hold a referendum on a new form of "sovereignty-association" between his province and the rest of Canada...
Canadians have plenty of questions about Clark's inexperience and leadership qualities but relatively few about his sincerity and diligence. "We will not take this nation by storm, by stealth or by surprise," he once promised his fellow Tories. "We will win it by work...
...foreign military and industrial presence, and the potential for a troublesome insurgency. And oil. While hardly in the class of Saudi Arabia, Iraq or Iran, Oman does produce about 350,000 bbl. per day, with an income of $1.2 billion a year. It is the twelfth largest oil-producing nation in the world, and at its present rate has proven reserves for nearly half a century...
...there is one root to the evils gripping the nation's economy, it is a low level of investment. The U.S. spends only 9% of its national income on capital in vestment, vs. West Germany's 15% and Japan's 20%. Consequently, the country is living off - and eating up - its capital stock. Its plants and machines are aging, its competitive edge in world markets is softening, its productivity growth is falling, and its prices are soaring. The surest way to return to noninflationary increases in living standards would be to enhance productivity, and the best means...
...memory Congress does not seem so ready to swallow their sweet talk. With voters fuming over sky-high food prices, many Congressmen would just as soon see the bill never come to a vote. Says Massachusetts Republican Margaret Heckler, a member of the House Agriculture Committee: "Inflation is the nation's No. 1 enemy, and things just cannot stay the same for easy subsidies. The sugar bill represents the legislative process at its worst...