HomeMy WebLinkAboutThe Exeter Times-Advocate, 1977-04-21, Page 22Money For A Car, Truck, Farm Machinery
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CLINTON COMMUNITY CREDIT UNION LIMITED
* Exeter Branch *
For A Low Cost Life Insured Loan
Current Rate 12% Per Annum
Term of Loan
1,000.00
2,000.00
3,000.00
4,000.00
5,000.00
7,500.00
10,000.00
12 Months
88.84
177,69
266.54
355.39
444.24
666.36
888.48
24 Months
47.07
94.14
141.22
188.29
235,37
353,04
470.73
36 Months
33.21
66.42
99.64
132.85
166.07
249.10
332.14
48 Months
26.33
52.66
79.00
105,33
131.67
197.49
263.32
60 Months
22.44
44.48
66.73
.97
111,22
166.83
222.44
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Af6eloverei ex tows
C680 DISHWASHER
• 8 cycles including pot
scrub, 145° hygienic
and plate warming
• Lift off cutting board
• Soft Food sorap
disposer
• Porcelain interior
• Cutlery basket
• Safety tilt door
• Detergent and rinse
additive dispensers
ALSO AVAILABLE FOR
UNDERCOUNTER
INSTALLATION - U680
MOTHER'S DAY SPECIAL
For Mother's Day come in and
compare the prices on the
complete line of Kelvinator
',dishwashers.
P.
itziV* 410,
with the purchase of every C680
and U680 Kelvinator Dishwasher
0 Pieces of orelle.
vie*, LIVINGWARE by Corning.
The perfect combination for
mom's dishwasher
surprise,
(A $39.95 value)
0
Warehouse Furniture and Appliances
Unlimited (New and Used) Sales & Service
MAIN ST. • Antiques & Things EXETER
During Kelvinator's great Mother's Day Special
5 HP
TILLER
WITH
CHAIN
DRIVE
• controls on
handle
• 'belt' reverse
There's power a'-plenty in
this tiller with a rugged 5 HP
Briggs & Stratton engine. Has
heavy duty sprocket for dur-
able chain drive. 16 self-
sharpening 14" beaver tines.
10" x 2.75" rib tires. 545-355
3.5 gallon 11=24 steel sprayer .40 ea.
2 stage safety lock on 30"
hose. Large capacity brass
pump. Adjustable spray,
from brass nozzle.
591-070.
• 6-lift-lever adjustments
• adjustments on
deck wheels
• 3-speed transaxie
• 38" cutting width
10 H.P. ELECTRIC TRACTOR
WITH 38" CUTTING PAN
4 cycle Briggs & Stratton engine is synchro ba-
lanced (24.36 cu. in.). Key electric start. Low-tone
muffler. Full power reverse. Transaxie combines
transmission and differential for direct power. Float-
ing deck with twin blades, 15" x 6,50" front, 18" x
8.50" rear tires. Disc brakes. 545-413
Wood frame =A95
wheelbarrow .4J--ur SALE
Capacity: 4 cu.ft. dry, 3
cu,ft, wet. Wood frame,
no-seam one-piece steel
tray, comes unassembled
591-000
Grass g99
shear ea. Ulr SALE
Deluxe grass shear makes
lawn and garden care
chores easier. Stainless
steel blades. Comfort grip.
Vinyl sheath .... 591-539
Hedge 19
trimmer ea,
Heavy-duty deluxe 8"
hedge trimmer with fully-
ground serrated steel
blades, rubber grips and
shock absorber.. 591-541
4 cycle Briggs & Stratton engine. Throttle
and clutch controls on handle, Has
belt drive reverse; heavy duty tine shaft
and 16 bolo heat treated tines, 14" diame-
ter, 545.354
Cuts 20" path, 3.5-hp, 4-cycle Briggs &
Stratton engine, 5-pos. wheel height ad-
just. Ultra'fit blade. 545.299
April 13, 1977
thru April 30, 1977
MULL DISTRICT CO-OP
Zurich
236-4393
Hensall
262.3002
Brucefield
482-9823
Pistol grip ¤
19 nozzle 1 SALE
Set desired spray by adjust-
ing 'spray control' lock.
Chrome-plated nozzle in-
cludes washer. 591-480
Objects to big business obsession
By JACK RIDDELL
MPP Huron-Middlesex
One of the reasons I entered
politics was to express my ob-
jections to the Government's
obsession with bigness. The
present government encourages
large business, big cities, big
school systems, big hospitals and
big regional government, just to
name a few, Their philosophy is
that "Bigness is Better". What
they really mean is that too many
smaller units are too difficult for
the government to control.
As a result of this thrust,
smaller retail merchants,
smaller manufacturers and
smaller farms are being
squeezed at every turn. They are
burdened down by bureaucratic
red tape; are excessively taxed;
have difficulty getting good
workers; and are being put at a
competitive disadvantage.
Small business bankruptcies
have increased dramatically and
many others are throwing up
their hands, ready to quit. If you
are such a small business man or
if you work for one, hold on a little
longer. There are signs that the
message is finally beginning to
sink in.
The public and some levels of
Governments are beginning to
realize that almost 60 percent of
our workers are employed by
small business; that small
business generates a very large
share of our economic wealth;
that real competition and,
therefore a fair market depends
upon healthy small businesses;
and that Canada and Ontario
must look to small and medium
sized business for our economic
future. Even the Federal
Government of Canada has now
for the first time appointed a
Minister responsible for small
business.
My colleagues and I in the
Ontario Legislature have urged
several changes to assist and
support small business. We have
this week released a Policy
Paper outling the position of our
Party in the field of small
business, a sector which has been
given little assistance by the
Provincial Government.
The problems and needs of
small and larger businesses are
not the same. Small business is
flexible, able to adapt quickly to
changes in the market, possesses
great potential for technological
and other innovation, and em-
ploys approximately 60 percent
of all Canadians. It is labour
intensive and can create new jobs
much more quickly and cheaply
than capital intensive industries.
We believe that a Legislative
commitment to small business
should be undertaken, similar to
the United States Federal
Government commitment.
The lack of managerial ex-
pertise and entrepreneurial spirit
have had serious results for the
viability of small business, and
we have proposed the establish-
ment of entrepreneurial advisory
centres to be funded by the
Government and administered
by the private sector. Shortage of
capital also severely restricts the
start up and expansion of small
business.
We propose allowance of a full
tax deduction against other in-
come for investment in venture
capital corporations for small
business start-ups and ex-
pansions by both corporations
and individuals, and provision for
government sharing of losses
actually experienced by financial
institutions on loans provided to
small business.
At present the burden of
payroll taxes to pay the in-
creasing cost of social welfare
programs falls most heavily on
small firms. There are no income
compensating public policies to
offset this drain on profits, which
in turn restricts capital for-
mation and therefore, the ability
to finance growth.
We have proposed Government
payment of payroll taxes for each
individual worker employed by a
firm in a given year up to a net
gain in manpower of ten persons
for a three year period. Cor-
porate tax costs of small
businesses should be lowered to
ensure their ability to develop
internally-generated sources of
equity capital.
The forgivable succession duty
on small family business cor-
porations could be extended to
apply to businesses where shares
are owned by more than one
family.
We also believe that Ontario
should undertake a preferential
purchasing policy for small
businesses. It should be possible
to set a target of 40 percent of all
government contracts and sub-
contracts to be awarded to small
businesses within a three year
period.
Since so many of you are ef-
fected by a healthy small
business climate, particularly in
the Riding of Huron-Middlesex, I
would appreciate knowing your
reaction to these comments and I
would be pleased to provide you
with further information if you so
wish. I would very much ap-
preciate having you contact my
Constituency Office or call or
correspond with me directly if
you would like to receive a copy of
our new directions for small
business. I would also appreciate
receiving your views on our
policy for small businesses as I
feel under minority Govern-
ment, the government's at-
titude can be changed towards
size and towards the importance
of small businesses in our
economy.
This week in the Legislature
the Government has announced
that a Judicial Enquiry will be
held into the matter of the
exemption from payment of
$660,000 in land speculation tax
granted to Ronto Development
Co. of Willowdale. When this
question was discussed in the
Public Accounts Committee last
December, the then Minister of
Revenue admitted that the
decision to grant the exemption
might have been based on in-
sufficient information,
It had been his understanding
that the Company was in serious
financial trouble, and that the
2,300 housing units under con-
struction would not have been
completed had the exemption not
been made when the company
sold land near Brantford to
George Wimpey (Canada) Ltd,
for $12 million. Opposition
Members argued that Ronto was
apparently speculating, and
proceeded part way with the
project only to avoid the tax. The
Minister admitted that the
Cabinet decision was based on a
report from his staff on the sole
basis of a letter from Toronto
lawyer Eddie Goodman,
Recently the Public Accounts
Committee decided that the best
way to clear up doublts about the
tax exemption was to refer the
matter to a select committee for
a full investigation. However, the
committee was subsequently
technically dissolved, pending
the re-opening of the Legislature.
The Government has indicated
that a Judicial Enquiry is con-
sidered to be the best forum for a
full investigation into the tax
exemption and the question of
whether or not any undue or
inappropriate influence was
brought to bear.
At the end of March, the
Ontario Nurses Association
released a report "Let us Take
Care - A Report to the people of
Ontatio" which portrayed the
province's hospital system as
being wasteful and misused by
both doctors and the public. The
Minister of Health has indicated
he will direct Government
consultants to meet the ad-
ministrators of seven Metro
Toronto hospitals cited in the
report, to ensure that the waste
and misuse described by the
nurses is ended. However, the
Ministry has no immediate
solution to the problem.
A nurse at Etobicoke General
has been fired after criticizing
the hospital, and the Minister has
declined to intervene in this
matter, saying that the
customary grievance procedure
should be followed, because a
collective bargaining agreement
is in effect,
The Minister of Consumer and
Commercial Relations has an-
nounced that a one-man inquiry
into whether aluminum wiring is
a fire hazard, is to be conducted
to answer "questions in the
public mind as to the reliability
and safety of this type of wired
electrical circuit". This type of
wiring was widely used during
the 1960's, when the price of
copper rose sharply.
Hully Gully
season opens
The 1977 Motocross Season
opens Sunday, April 24, at Hully
Gully. The event, the Yokohama
Spring Bash is the first of nine
C.M.A. Sanctioned races
scheduled for the Varna
Recreation facility.
Sponsored by the Yokohama
Tire Company this first race will
find Seniors, Experts and School
Boys competing for Cash,
trophies and continguency
awards.
Practice begins at 10 a.m. and
the first moto blasts off at noon,
rain or shine.
STUDENTS WASH CARS - Grade eight students of Exeter Public School held two car washes Saturday to
gain monies to assist in late May trip to Niagara Falls and Toronto, T-A photo
Pine 22
Times-Advoccite, April 21, 1977
Artielviratito,