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Slumping sales and high interest rates have hit everyone hard
Slumping sales and high interest rates have hit everyone hard

Slumping sales and high interest rates have hit everyone hard

Date6/8/1982
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(photographer)
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Original Toronto Star caption: Slumping sales and high interest rates have hit everyone hard.
Subject
Medium
Language
ProvenanceFrom the Toronto Star Archives
CollectionToronto Star Photograph Archive
Usage Rights Copyright (Learn More)
Copyright HolderToronto Star (Firm)
Call Number / Accession NumberTSPA_0003714F
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
11/24/1971
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
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
Sign of the times: Sound advice inventory manager Steve Dowanik checks stock on hand for bankruptcy sale
Sign of the times: Sound advice inventory manager Steve Dowanik checks stock on hand for bankruptcy sale
6/8/1982
Debt-ridden farmers: George Bothwell, left, and Jerry Riddell, both carry huge debts caused by high interest rates
Debt-ridden farmers: George Bothwell, left, and Jerry Riddell, both carry huge debts caused by high interest rates
6/4/1981
William Millard: Neither recession nor high interest rates seem to dampen the demand for microcomputers
William Millard: Neither recession nor high interest rates seem to dampen the demand for microcomputers
8/4/1982
Robert Blair: Nova Corp head prefers higher taxes to high interest rates
Robert Blair: Nova Corp head prefers higher taxes to high interest rates
6/8/1990
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.
4/28/1982
Debt-ridden farmers: George Bothwell, left, and Jerry Riddell, both carry huge debts caused by high interest rates
Debt-ridden farmers: George Bothwell, left, and Jerry Riddell, both carry huge debts caused by high interest rates
6/4/1981
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
6/10/1988
Protest rally: Mortage protester Viv Woolford - who quit his $25,000-a-year job to organize opposition to high interest rates - looks on during yesterday's protest rally
Protest rally: Mortage protester Viv Woolford - who quit his $25,000-a-year job to organize opposition to high interest rates - looks on during yesterday's protest rally
3/5/1980
Paul Reichmann: Business warns high interest rates hurting industry
Paul Reichmann: Business warns high interest rates hurting industry
5/27/1986
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
2/5/1982