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In 1979, the Bank of Canada raised its benchmark rate to 11.25 per cent, just ahead of the inflation rate at the time. CBC reporter Fred Langan outlined what it would mean for Canadian borrowers and savers.
Harry Steele, who died Friday, played a role in shaping the town of Gander and had ventures in transportation, hotels and radio, among others.
When the future was bright for the fax machine Fax machines were getting smaller in 1988, and that had manufacturers looking to new markets beyond the office. Social Sharing CBC Archives · A fax machine in every office Digital Archives33 years ago 3:46A new generation of small fax machines has the industry eyeing new markets in 1988.3:46 Fax machines were getting smaller in 1988, and they were no longer "relegated to the back rooms" of the office. As Robert Scully, host of CBC's Venture, explained on Jan. 17, 1988, the fax machine had once been "cumbersome and expensive." But now it was...