Holding firm: Finance Minister Michael says it would irresponsible to cut interest rates before inflation pressures cool

IIIF

Holding firm: Finance Minister Michael says it would irresponsible to cut interest rates before inflation pressures cool

Date9/18/1989

Names

Toronto Star (Firm) (publisher)

Weil, Bernard (photographer)

Wilson, Michael, 1937- (subject)

Format

Picture

Notes

Original Toronto Star caption: Holding firm: Finance Minister Michael says it would irresponsible to cut interest rates before inflation pressures cool.

Medium

Photographs

Language

English

ProvenanceFrom the Toronto Star Archives

CollectionToronto Star Photograph Archive

Usage Rights Copyright (Learn More)

Call Number / Accession NumberTSPA_0089634F

Discover More

Michael Wilson: Finance Minister says deficit cuts would help lower rates

4/24/1988

Michael Wilson: Finance Minister says wage demands must drop below inflation rate

6/14/1990

Michael Wilson: Finance Minister says oil firms taxed at fair rate

6/4/1990

A comfortable life in retirement depends on inflation and interest rates

4/25/1980

Higher and higher: In bid to beat inflation Bank of Canada Governor Gerald Bouey has allowed interest rates charged by chartered banks to hit unprecedented highs

11/28/1977

Proof of prgress: Finance Minister Marc Lalonde says economic co-operation has helped cut inflation: We are well on the way to the 6-and-5 world of federal restraint

1/24/1983

Controls urged: NDP Leader Ed Broadbent says that interest rates have to come down to creat jobs, and controls should be introduced to stop investment money leaving the country

2/5/1982

Department store sales are strong, house building is up, interest rates are falling, and the economy may be due for expansion, says writer Gillies

11/24/1971

Healthy offspring: John Strathy, head of an AGF subsidiary, says money market funds are a child of high interest rates.

4/28/1982

Trevor Eyton: Brascan boss says Crow should lower interest rates

5/10/1990

Paul Cosgrove: Cabinet minister sees a further two point drop in mortage interest rates

1/28/1980

Mortgage squeeze: Barbara Frank, top, and hot dog sellers Andy and Mary Elmitropoulos are feeling the pressure of high mortgate rates.

4/20/1990