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HomeMy WebLinkAboutThe Lucknow Sentinel, 1966-12-21, Page 6'Housing Act is not one which will be welcomed by Canadians who have been entertaining thoughts of building' a new home in the near, future. Oursincerest thanks to all our customers for friendly and loyal patronage,. May you arid' yours enjoy the fun -filled and truly happy holi- day. Merry . Christmas, one . and . alit, (by John Loney, M. P..) Introduction of the Estimates of the National Research council, which include those of the Medical. Research'Council,; has given. the Conservative Members an oppertun ity to.point Out the 'glaring inade- quacies in. the expenditures which:. the Government is willing. to make in anarea of primary _ importance to contemporary Canada. Some weeks ago Parliament gave second reading, approval in prim ciple , to Medicare legislation. This legislation still must be given detailed consideration by the House and. it is possible that somechanges will be made in it. ` One certain change will be that'. of postponing the date on which the plan comes into operation from July 1, 1967 to July 1, 1968. But despite this postponement,: it is still a certainty that Canada will not have enough Doctors to make the plan work srndothly, particularly at the outset. The problem'may' iron out in tiimebut there can, beno question but that many severe disappointments will be'caused by severe shortage of trained personnel to operate, the plan. for the remuneration they could receive by seeking employment in. other jobs. Canadians are often told that then is a "brain :drain from -our country to the United States and .certainly ,' the situation which exists in the medical field is a reflection of. endeavour: the figures. support those. who contend that we " are losing : . many of our -best trained people. According to reliable figures med- ical graduates leave Canada, at the, rate of 200 each year and since the •cost of educating a •Doctor, is approximately. $50,000 the loss amounts to some 310 million per year; plus the earning power they take with them. . .� Faced by this situation the Gover` nment has .allocated; the sum of $12,380,000 for medical research including boththat performed in medical schools and in .veterinary. colleges. As one Conservative M.P. pointedout the sum. is not • enough to meet the needs of the latter institutions. /. .earlier this .year the Gundy Re- port was presented to the Prime Minister and recommended a min- imum :expenditure of $40 million . Allied and related to this problem iia thisarea. Within the financial is that of medical research. In the.. limitations placed on it by a field of medicine, as in all other Government unwilling to recog- areas, advances .are made through, nize the importance of the prob- the hard work of intelligent Minds lem the Medical. Research Council applying themselves to the solut- ' has been performing a good job ion of'a problem,. But in .today,''s, But it must be provided with more complex world those seeking answ- funds and be able to guarantee ers must be aided bythe best equip- • p some possibility of continuity to .. 'meat, and provision of this equip-.. those receiving them. And this rnent involves expenditures beyond must be done soon. ' the reach of most individuals and Announcement by . Labour Minis- indeed of most groups of individuals: ter Nicholson of an increase in the In addition those engaged in, resear-4 'interest rate chargeable by approv- ch must be adequately compensated ed lenders under the National • Mr, Nicholson made the announ- cement Tuesday night that hence- forth the .National Housing Act rate will.'be 1 1/210 above that applicable to Federal securities and that adjustments will be re ide from timeto time as, the rate *' these securities' fluctuates. Over the past few, years the•.con, struction industry haseen hard hit by the policies ofa present Liberal . Government. Til imposit- ion of the 11" sales tax on building .supplies has added considerably to constructioncosts and has' deterred :many Canadians , from building a home of their own, The Govern- ment has failed to develop a via- ble ia-ble lohg-range' policy for its 'con- tribution to construction: expend- iture and xpenditure'and ‹:lone little to help stabilize The private sector, Ak the Economic' Council of • Canada points out in its third annual review, construction spend- •" ing has shown a special and unique potential°for aggravating. or even : inducing instabiities•in the Canad- ian ecomoney, with consequent re- percussions on general .costs and" prices. In the three areasof construction residential •. non-residential and direct government. wild �! fluctuations have taken place 'over short periods of time. For example' direct Government construction, outlays.have swung .around by as much as from pint 32 percent in: one year to minu s seven percent. in the .next.. ,• d Part of the 'problem ' of ' course lies in the sheer size of the const ruction industry which in the.early • part of this year amounted to six- • teenpercent of the. Canadian gross national product the :total value ofoods and'services produced n lois prices . ( A significant ,Va:t et.' Ass the Economic Council of r, which, however has been Canada puts it '"the strongly rising; i the 11 percent Federal Sales y construction demands of the east three years have cone to press ,in creasngly hard against the supply capacity of the construction indus- try and have resulted lit Sharply higher wagesin the industry; timpOsed in, three .stages be, a.r.4r. in rtrid- 1963); sharply hig€:er•b prices on new contracts; ianare in costs arid'prices on prole( is °" ready underway; and fewer bids construction contract) .. strong increases in blinding mater (CONTINUED ON PAGE , Winter scenes, the scent of pine, the sound of children laughing .. •: .may these. and all the other beautiful things that mean Christmas fill your holiday, brimful of happiness.