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HomeMy WebLinkAboutThe Exeter Times-Advocate, 1977-04-21, Page 22Money For A Car, Truck, Farm Machinery See 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 B 0 R R W o f'S, a 0 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,