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

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

Date11/24/1971
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(photographer)
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  • Department store sales are strong, house building is up, interest rates are falling, and the economy may be due for expansion, says writer Gillies
  • Department store sales are strong; house building is up; interest rates are falling; and the economy may be due for expansion; says writer Gillies.
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Original Toronto Star caption: Department store sales are strong; house building is up; interest rates are falling; and the economy may be due for expansion; says writer Gillies.
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      ProvenanceFrom the Toronto Star Archives
      CollectionToronto Star Photograph Archive
      Usage Rights Copyright (Learn More)
      Copyright HolderToronto Star (Firm)
      Call Number / Accession NumberTSPA_0015094F
      Geography
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      Slumping sales and high interest rates have hit everyone hard
      Slumping sales and high interest rates have hit everyone hard
      Beaty, Keith
      6/8/1982
      House-building activity has slowed considerably and experts blame high interest rates and uncertainty about the impact of the impending Goods and Services Tax
      House-building activity has slowed considerably and experts blame high interest rates and uncertainty about the impact of the impending Goods and Services Tax
      Dunlop, Al
      6/10/1988
      John A. Sawyer. Canadian businessmen are reasonably optimistic about the economy next year, a University of Toronto forum was told yesterday. Two economists, Douglas Peters, of the Toronto-Dominion Bank, and John A. Sawyer, of the U of T School of Business, saw a strong economic recovery. Jerry McAfee, president of Gulf Oil Canada, predicted an increase in natural gas and oil sales, and J.S. Dewar, president of Union Carbide Canada saw modest profits in chemicals.
      John A. Sawyer. Canadian businessmen are reasonably optimistic about the economy next year, a University of Toronto forum was told yesterday. Two economists, Douglas Peters, of the Toronto-Dominion Bank, and John A. Sawyer, of the U of T School of Business, saw a strong economic recovery. Jerry McAfee, president of Gulf Oil Canada, predicted an increase in natural gas and oil sales, and J.S. Dewar, president of Union Carbide Canada saw modest profits in chemicals.
      Spremo, Boris
      12/9/1970
      Holding firm: Finance Minister Michael says it would irresponsible to cut interest rates before inflation pressures cool
      Holding firm: Finance Minister Michael says it would irresponsible to cut interest rates before inflation pressures cool
      Toronto Star (Firm)
      9/18/1989
      Trevor Eyton: Brascan boss says Crow should lower interest rates
      Trevor Eyton: Brascan boss says Crow should lower interest rates
      Eyton, Trevor, 1934-
      5/10/1990
      Healthy offspring: John Strathy, head of an AGF subsidiary, says money market funds are a child of high interest rates.
      Healthy offspring: John Strathy, head of an AGF subsidiary, says money market funds are a child of high interest rates.
      Russell, Jim
      4/28/1982
      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
      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
      Broadbent, Ed, 1936-
      2/5/1982
      Health costs are rising too fast, says committee including, left to right: Boyd Suttie, assistant deputy health minister, Allyn Taylor, committee chairman, Andrew Gillies, Ontario Medical Association executive director, William Vail, OMA vice-president, a
      Health costs are rising too fast, says committee including, left to right: Boyd Suttie, assistant deputy health minister, Allyn Taylor, committee chairman, Andrew Gillies, Ontario Medical Association executive director, William Vail, OMA vice-president, a
      Bull, Ron
      1/13/1978
      Health costs are rising too fast, says committee including, left to right: Boyd Suttie, assistant deputy health minister, Allyn Taylor, committee chairman, Andrew Gillies, Ontario Medical Association executive director, William Vail, OMA vice-president, and Rendell Dick, Ontario's deputy treasurer
      Health costs are rising too fast, says committee including, left to right: Boyd Suttie, assistant deputy health minister, Allyn Taylor, committee chairman, Andrew Gillies, Ontario Medical Association executive director, William Vail, OMA vice-president, and Rendell Dick, Ontario's deputy treasurer
      Bull, Ron
      1/13/1978
      James Gillies, considered a candiate for the finance minister's job in a Conservative government, says full employment is his party's basic economic goal. He holds a doctor's degree in economics
      James Gillies, considered a candiate for the finance minister's job in a Conservative government, says full employment is his party's basic economic goal. He holds a doctor's degree in economics
      Gillies, James, 1924-2015
      11/7/1972
      Help: For men who know they're unhappy, says Don Gillies there's something to do about it.
      Help: For men who know they're unhappy, says Don Gillies there's something to do about it.
      Cooper, David
      1/3/1980
      Professor Jim Gillies, former finance minister of the Joe Clark era, has just released his report that studies the way Canada may have to take in the future
      Professor Jim Gillies, former finance minister of the Joe Clark era, has just released his report that studies the way Canada may have to take in the future
      Gillies, James, 1924-2015
      4/19/1987